About Epiroc Mining India Private Limited
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Epiroc Mining India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Epiroc Rock Drills Ab. It operates in the construction machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 20 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29309PN2017PTC171542. Its GSTIN is 27AAECE7216R1Z3 (Maharashtra). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹21.73 Cr. It is led by directors including Venkateswara Rao Chandu (Managing Director) and Ingrid Charlotta Grahs.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,425.6 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹285.85 Cr (net margin 11.8%) and EBITDA of ₹432.74 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 12% over five years.
The company has about 1,103 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Epiroc. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹22.56 Cr; the latest was in December 2017. The company has 13 MSME Form 1 returns on record between 2018 and 2022, listing 635 overdue payments to 170 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website epiroc.com.
Company details
CIN history
Epiroc Mining India has one previous CIN (Corporate Identification Number): U29309PN2017PLC171542. The current CIN is U29309PN2017PTC171542, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29309PN2017PTC171542 | Current |
| U29309PN2017PLC171542 | Previous |
Contact details
Epiroc Mining India Private Limited's registered office is in Pune, Maharashtra. Its website is epiroc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAmar Tech Center (Atc), S.No.30/4A/1/1 7th Floor, Pune, Maharashtra, India – 411014
- IndustryMachinery and Equipment, Construction Machinery & Equipment
To see the full contact details of Epiroc Mining India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Epiroc Mining India operates one associated brand: Epiroc. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Drill rigs, rock excavation, and construction equipment are manufactured. | epiroc.com |
Business activity
The main business activities of Epiroc Mining India are manufacturing and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Epiroc Mining India Private Limited, buy the company report.
Financials of Epiroc Mining India Private Limited
FY 2025 filings availableEpiroc Mining India Private Limited reported revenue of ₹2,425.6 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 19% growth in the latest year. EBITDA rose 21% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2,425.6 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹432.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹285.85 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 11.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Epiroc Mining India Private Limited, buy the company report.
Board of directors of Epiroc Mining India Private Limited
Epiroc Mining India has 5 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ingrid Charlotta Grahs | Director | 20 Jun 2022 | 4 Years 4 Months | Current |
| Hakan Victor Folin | Director | 11 Jun 2024 | 2 Years 4 Months | Current |
| Olivia Konradsdotter Lonnvik | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
| Venkateswara Rao Chandu | Managing Director | 21 Dec 2023 | 2 Years 10 Months | Current |
| Govindarajan Arunkumar | Director | 03 Apr 2024 | 2 Years 6 Months | Current |
Auditor
Epiroc Mining India Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Epiroc Mining India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Epiroc Mining India Private Limited, buy the company report.
Deals & funding
Epiroc Mining India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹22.56 Cr; the latest was in December 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Funding round | ₹22.56 Cr | Investors: Others - Epiroc Mining India Private Limited, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Epiroc Mining India Private Limited has 2 court cases on record: 2 filed by Epiroc Mining India. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Powercare Solutions Private Limited | Pending |
| Bombay High Court | Writ petition | Filed by the company against The Union of India and Ors | Pending |
To see the full case history of Epiroc Mining India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Epiroc Mining India Private Limited has 13 MSME Form 1 returns on record between 2018 and 2022, listing 635 overdue payments to 170 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 170)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Excellence Engineers | |||
| Vijay Industries | |||
| Dilip Enterprise | |||
| an individual supplier | |||
| Usha Fire Safety Equipments Private Limited |
To see the full MSME payment records of Epiroc Mining India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Epiroc Mining India Private Limited has a workforce of 1,103 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Epiroc Mining India has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE7216R1Z3 | Maharashtra | Active | 06 Oct 2017 |
| 08AAECE7216R1Z3 | Rajasthan | Active | 01 Nov 2017 |
| 29AAECE7216R1ZZ | Karnataka | Active | 01 Nov 2017 |
| 36AAECE7216R1Z4 | Telangana | Active | 02 Nov 2017 |
To see the full GST registrations and return filing status of Epiroc Mining India Private Limited, buy the company report.
Recent activity
Epiroc Mining India Private Limited has 28 board changes on record since 2017: 5 appointments and 23 cessations. The latest: Govindarajan Arunkumar ceased to be Additional Director on 29 Sep 2024.
19 earlier events are in the company report.
News
Frequently asked questions
Epiroc Mining India is an active private limited company based in Pune, Maharashtra, India. The company works in construction machinery and equipment, within the machinery and equipment industry. It was incorporated on 20 July 2017 (9+ years old) and is registered under CIN U29309PN2017PTC171542.
Epiroc Mining India has 5 current directors:
- Venkateswara Rao Chandu - Managing Director
- Ingrid Charlotta Grahs - Director
- Hakan Victor Folin - Director
- Olivia Konradsdotter Lonnvik - Director
- Govindarajan Arunkumar - Director
The latest financial statements of Epiroc Mining India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Epiroc Mining India is 27AAECE7216R1Z3, registered in Maharashtra. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAECE7216R1Z3 (Rajasthan), 29AAECE7216R1ZZ (Karnataka), 36AAECE7216R1Z4 (Telangana).
The CIN (Corporate Identification Number) of Epiroc Mining India is U29309PN2017PTC171542. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Epiroc Mining India has 2 court cases on record: 2 filed by the company. 2 are pending. Most are in the district courts.
Epiroc Mining India was incorporated on 20 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Epiroc Mining India has 1 deal on record (1 funding round), with disclosed funding of ₹22.56 Cr; the latest was in December 2017.
Govindarajan Arunkumar ceased to be Additional Director on 29 Sep 2024. Hakan Victor Folin ceased to be Additional Director on 29 Sep 2024. Olivia Konradsdotter Lonnvik ceased to be Additional Director on 29 Sep 2024. Epiroc Mining India has 28 board changes on record in total.
Epiroc Mining India has 13 MSME Form 1 returns on record between 2018 and 2022, listing 635 overdue payments to 170 micro and small suppliers. The latest return was filed on 08 Mar 2023.
Epiroc Mining India can be reached through the website epiroc.com. Its registered office is in Pune, Maharashtra, India.