About Hitachi Astemo Chennai Private Limited
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Hitachi Astemo Chennai Private Limited was a foreign private limited company based in Haryana, India, operated as a subsidiary of Hitachi Astemo Limited, Japan (Formerly Known Ashitachi Automotive Systems, Ltd., Japan). The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 26 April 2012.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U29253HR2012FTC114098. Its GSTIN is 06AACCH9517N1Z6 (Haryana). The company held 4 GST registrations, of which 3 are active.
The company had an authorised share capital of ₹650 Cr and a paid-up capital of ₹450.95 Cr. It was formerly known as Hitachi Automotive Systems (India) Private Limited. It was led by directors including Yuichi Kono (Managing Director) and Ajay Kaul.
Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Plot No. 663 Phase – 5, Udyog Vihar Gurugram Gurgaon, Haryana, India – 122016.
As per the financials filed for FY 2024, the company reported a revenue of ₹610.48 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹84.17 Cr (net margin 13.8%) and EBITDA of ₹123.82 Cr (EBITDA margin 20.3%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 33% over five years.
The company had about 460 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹212 Cr; the latest was in November 2020. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 8 overdue payments to 4 micro and small suppliers.
The last known website on record is hitachiastemo.com.
Company details
CIN history
Hitachi Astemo Chennai has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U29253HR2012FTC114098, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253HR2012FTC114098 | Current |
| U29253TN2012FTC096838 | Previous |
| U29253DL2012FTC234810 | Previous |
Contact details
Hitachi Astemo Chennai Private Limited's registered office is in Haryana. Its website is hitachiastemo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 663 Phase – 5, Udyog Vihar Gurugram Gurgaon, Haryana, India – 122016
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Hitachi Astemo Chennai 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
Business activity
The main business activity of Hitachi Astemo Chennai is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Hitachi Astemo Chennai Private Limited, buy the company report.
Financials of Hitachi Astemo Chennai Private Limited
FY 2024 filings availableHitachi Astemo Chennai Private Limited reported revenue of ₹610.48 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 10% growth in the latest year. EBITDA rose 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹123.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹84.17 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.3% | ||||
| Net Profit Margin | 13.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Hitachi Astemo Chennai Private Limited, buy the company report.
Board of directors of Hitachi Astemo Chennai Private Limited
Hitachi Astemo Chennai has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kaul | Director | 05 Apr 2013 | 13 Years 6 Months | As last reported |
| Masatsugu Sato Also directs: Astemo India Private Limited, Astemo Fie Private Limited | Director | 28 Jun 2019 | 7 Years 4 Months | As last reported |
| Yuichi Kono | Managing Director | 01 Apr 2024 | 2 Years 6 Months | As last reported |
| Akio Suzuki | Director | 05 Apr 2023 | 3 Years 6 Months | As last reported |
Auditor
Hitachi Astemo Chennai Private Limited is audited by RJN & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RJN & Associates | FY 2023 | 019064S |
Shareholding
The shareholding of Hitachi Astemo Chennai 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 Hitachi Astemo Chennai Private Limited, buy the company report.
Deals & funding
Hitachi Astemo Chennai Private Limited has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹212 Cr; the latest was in November 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: Hitachi Astemo Limited Seller: Hitachi Asia Limited |
| Jul 2019 | Rights issue | ₹88.7 Cr | Investors: Hitachi Astemo Limited |
| Sep 2014 | Rights issue | ₹150 Cr | Investors: Hitachi Asia Limited |
| Jan 2013 | Funding round | ₹212 Cr | Investors: Hitachi Asia Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hitachi Astemo Chennai Private Limited has 3 court cases on record: 2 filed by Hitachi Astemo Chennai, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Chandigarh | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Hitachi Astemo Chennai 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
Hitachi Astemo Chennai Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 8 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Wowtruck Technologies Private Limited | |||
| Vedha Interio | |||
| an individual supplier | |||
| Pro-Pack Materials India Private Limited |
To see the full MSME payment records of Hitachi Astemo Chennai Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hitachi Astemo Chennai Private Limited has a workforce of 460 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Hitachi Astemo Chennai has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCH9517N1Z6 | Haryana | Active | 13 Dec 2018 |
| 33AACCH9517N1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
| 24AACCH9517N1Z8 | Gujarat | Active | 11 Dec 2018 |
To see the full GST registrations and return filing status of Hitachi Astemo Chennai Private Limited, buy the company report.
Recent activity
Hitachi Astemo Chennai Private Limited has 24 board changes on record since 2013: 4 appointments and 20 cessations. The latest: Yuichi Kono ceased to be Additional Director on 26 May 2024.
15 earlier events are in the company report.
Frequently asked questions
Hitachi Astemo Chennai has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Hitachi Astemo Chennai was a foreign private limited company based in Haryana, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 26 April 2012 and is registered under CIN U29253HR2012FTC114098. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Hitachi Astemo Chennai was incorporated on 26 April 2012. It is registered with the Registrar of Companies, Delhi.
Hitachi Astemo Chennai had 4 directors:
- Yuichi Kono - Managing Director
- Ajay Kaul - Director
- Masatsugu Sato - Director
- Akio Suzuki - Director
The CIN (Corporate Identification Number) of Hitachi Astemo Chennai is U29253HR2012FTC114098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Hitachi Astemo Chennai is at Plot No. 663 Phase – 5, Udyog Vihar Gurugram Gurgaon, Haryana, India – 122016.
Hitachi Astemo Chennai can be reached through the website hitachiastemo.com. Its registered office is in Haryana, India.
The latest financial statements of Hitachi Astemo Chennai on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hitachi Astemo Chennai is 06AACCH9517N1Z6, registered in Haryana. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 33AACCH9517N1Z9 (Tamil Nadu), 24AACCH9517N1Z8 (Gujarat).
Hitachi Astemo Chennai operated in the automotive industry, in the auto parts and components segment.
Hitachi Astemo Chennai has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹212 Cr; the latest was in November 2020.
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