About Garrett Motion Technologies (India) Private Limited
Data last updated:
Garrett Motion Technologies (India) Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Garrett Motion Sarl. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 03 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2004PTC019904. Its GSTIN is 27AABCH5035J1ZM (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹324 Cr and a paid-up capital of ₹283.29 Cr. It was formerly known as Honeywell Turbo Technologies (India) Private Limited. It is led by directors including Jegapriyan Govindarajan (Managing Director) and Sean Edward Reagan.
Its last annual general meeting (AGM) was held on 28 August 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 ₹1,353.43 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹158.79 Cr (net margin 11.7%) and EBITDA of ₹271.42 Cr (EBITDA margin 20.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 11% over five years.
The company has about 384 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Garrett Motion. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending. The company has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹582.92 Cr; the latest was in December 2022. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Everest Kanto Cylinder Limited with revenue of ₹1,509.06 Cr. The company has 43 MSME Form 1 returns on record between 2018 and 2024, listing 21,004 overdue payments to 125 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 garrettmotion.com.
Name History of Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) has undergone 2 name changes throughout its history. The company was previously known as Honeywell Turbo Technologies (India) Private Limited, and Garrett Motion Technologies (India) Private Limited. The current legal name is Garrett Motion Technologies (India) Private Limited.
| Company Name | Status |
|---|---|
| Garrett Motion Technologies (India) Private Limited | Current |
| Honeywell Turbo Technologies (India) Private Limited | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No 4A Raisoni Industrial Estate Near Hinjewadi Phase II Village Mann Taluka M, Ulshi, Pune, Maharashtra, India – 411057
- IndustryAutomotive, Auto Parts & Components
- 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
- One PDF report, delivered after checkout
Associated Brands with Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) operates one associated brand: Garrett Motion. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of turbocharging, electric boosting and connected vehicle systems | garrettmotion.com |
Business Activity of Garrett Motion Technologies (India) Private Limited
The main business activity of Garrett Motion Technologies (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Garrett Motion Technologies (India) Private Limited FY 2025 filings available
Garrett Motion Technologies (India) Private Limited reported revenue of ₹1,353.43 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Garrett Motion Technologies (India) Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 8% 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 of Garrett Motion Technologies (India) Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹271.42 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹158.79 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 of Garrett Motion Technologies (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Garrett Motion Technologies (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) has 4 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jegapriyan Govindarajan Also directs: Garrett Motion Engineering Solutions Private Limited | Managing Director | 18 Aug 2021 | 5 Years 2 Months | Current |
| Sean Edward Reagan | Director | 20 Dec 2023 | 2 Years 10 Months | Current |
| Chaitanya Raghunandan Pendse Also directs: Garrett Motion Engineering Solutions Private Limited | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Sameer Bhalchandra Phadke | Director | 28 Mar 2017 | 9 Years 6 Months | Current |
Peer Comparison of Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Everest Kanto Cylinder Limited Listed | ₹1,509.06 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
| Tmeic Industrial Systems India Private Limited | ₹1,488.62 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Hyderabad, Telangana, India |
| Ge Oil & Gas India Private Limited | ₹1,448.7 Cr (FY 2023) | •••• | •••• | 1.0% | •••• | Coimbatore, Tamil Nadu, India |
| Dynamatic Technologies Limited Listed | ₹1,426.6 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Bangalore, Karnataka, India |
| Esab India Limited Listed | ₹1,381.25 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| Garrett Motion Technologies (India) Private Limited this company | ₹1,353.43 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Pune, Maharashtra, India |
| Inox India Limited | ₹1,346.66 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Vadodara, Gujarat, India |
| J B Advani and Company Private Limited | ₹1,344.72 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Festo India Private Limited | ₹1,315.55 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Sulzer Pumps India Private Limited | ₹1,249.05 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Navi Mumbai, Maharashtra, India |
| SMC Corporation( India) Private Limited | ₹1,168.01 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Garrett Motion Technologies (India) by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Garrett Motion Technologies (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) Private Limited has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹582.92 Cr; the latest was in December 2022.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: Garrett Motion Sarl Seller: Garrett Motion Bermuda Limited |
| Jun 2018 | Secondary share transfer | Undisclosed | Seller: Garrett Motion Sarl |
| Aug 2013 | Funding round | ₹325.92 Cr | Investors: Garrett Motion Sarl, Garrett Motion Bermuda Limited |
| Mar 2010 | Funding round | ₹42.41 Cr | Investors: Garrett Motion Sarl |
| Jan 2010 | Funding round | ₹110 Cr | Investors: Garrett Motion Sarl |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) Private Limited has 4 court cases on record: 2 filed by Garrett Motion Technologies (India), 2 filed against it. 1 case is pending and 3 are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Principal Commissioner of Income Tax, Pune-1 | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-1 | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by PR. Commissioner of Income Tax-1 | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) Private Limited has 43 MSME Form 1 returns on record between 2018 and 2024, listing 21,004 overdue payments to 125 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 125)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Indeutsch Systems Private Limited | •••• | •••• | •••• |
| Harshanjali Instruments (Pneumatics) Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Gayatree Polymers (India) LLP | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 43 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) Private Limited has a workforce of 384 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Garrett Motion Engineering Solutions Private Limited | U74210PN2010PTC199279 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) Private Limited has 30 board changes on record since 2008: 4 appointments and 26 cessations. The latest: Chaitanya Raghunandan Pendse ceased to be Additional Director on 26 Sep 2024.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Garrett Motion Technologies (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Garrett Motion Technologies (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH5035J1ZM | Maharashtra | Active | 01 Jul 2017 |
| 33AABCH5035J1ZT | Tamil Nadu | Active | 09 Jan 2020 |
| 27AABCH5035J2ZL | Maharashtra | Active | 10 Mar 2025 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Garrett Motion Technologies (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Garrett Motion Technologies (India) Private Limited
Frequently Asked Questions about Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) is an active private limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 03 November 2004 (22+ years old) and is registered under CIN U29299PN2004PTC019904.
Garrett Motion Technologies (India) reported revenue of ₹1,353.43 Cr for FY 2025 (down 2% YoY).
Garrett Motion Technologies (India) has 4 current directors:
- Jegapriyan Govindarajan - Managing Director
- Sean Edward Reagan - Director
- Chaitanya Raghunandan Pendse - Director
- Sameer Bhalchandra Phadke - Director
Garrett Motion Technologies (India) reported a net profit of ₹158.79 Cr (net margin 11.7%) and EBITDA of ₹271.42 Cr (EBITDA margin 20.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Garrett Motion Technologies (India) is 6% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Garrett Motion Technologies (India) is 27AABCH5035J1ZM, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AABCH5035J1ZT (Tamil Nadu), 27AABCH5035J2ZL (Maharashtra).
The CIN (Corporate Identification Number) of Garrett Motion Technologies (India) is U29299PN2004PTC019904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garrett Motion Technologies (India) has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending.
Garrett Motion Technologies (India) was incorporated on 03 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
Garrett Motion Technologies (India) has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹582.92 Cr; the latest was in December 2022.
The peers of Garrett Motion Technologies (India) by revenue are Everest Kanto Cylinder Limited, Tmeic Industrial Systems India Private Limited, Ge Oil & Gas India Private Limited, Dynamatic Technologies Limited, Esab India Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Chaitanya Raghunandan Pendse ceased to be Additional Director on 26 Sep 2024. Sean Edward Reagan ceased to be Additional Director on 26 Sep 2024. Chaitanya Raghunandan Pendse was appointed as Director on 15 Mar 2024. Garrett Motion Technologies (India) has 30 board changes on record in total.