MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0156858
JBT Marel India Private Limited - financial services in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹40.03 Cr
▲ 8% YoY
Net profit · FY 2025
₹3.24 Cr
Net margin 8.1%
EBITDA · FY 2025
₹6.22 Cr
EBITDA margin 15.5%
Authorised capital
₹3.79 Cr
Registered with MCA
Paid-up capital
₹3.76 Cr
Issued & subscribed
Company age
17 yrs
Est. 2009
Employees · EPFO
63
Provident fund records
Directors on board
2
As per MCA filings
About JBT Marel India Private Limited
Data last updated:
JBT Marel India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of John Bean Technologies Corporation, Usa. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 11 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2009PTC133496. Its GSTIN is 27AACCJ1393E1ZP (Maharashtra).
The company has an authorised share capital of ₹3.79 Cr and a paid-up capital of ₹3.76 Cr. It was formerly known as John Bean Technologies India Private Limited. It is led by directors Nitin Gopal Pardeshi and Vikram Vijay Mulmule.
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 ₹40.03 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.24 Cr (net margin 8.1%) and EBITDA of ₹6.22 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 7% over five years.
The company has about 63 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.49 Cr; the latest was in November 2012. Its 4 peer companies in the Machinery and Equipment industry (Machinery and Equipment Leasing, Machinery and Equipment Retail and Distribution, Maintenance Services), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 3 smaller; the largest is Electra Koko Tawa Weld Private Limited with revenue of ₹40.06 Cr. The company has 35 MSME Form 1 returns on record between 2018 and 2024, listing 167 overdue payments to 31 micro and small suppliers.
JBT Marel India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0156858). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jbtcorporation.com.
Company details
CIN U29299PN2009PTC133496
Registration Number 133496
Incorporation Date 11 February 2009
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company John Bean Technologies Corporation, Usa
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0156858
Recognitions & Rankings of JBT Marel India
Contact details
JBT Marel India Private Limited's registered office is in Pune, Maharashtra. Its website is jbtcorporation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice – 301 3rd Floor Balaji Business Center Sno/90 /6/3(P) Generosia C Wing Opp Skoda Showr, Oom Baner, Pune, Maharashtra, India – 411045
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of JBT Marel India Private Limited, buy the company report.
Comprehensive company report
JBT Marel India Private Limited - one report that includes everything
- 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
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Business activity
The main business activities of JBT Marel India are trade and support service to organizations. In detail, this covers wholesale trading, rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities and other support services to organizations. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of JBT Marel India Private Limited, buy the company report.
Financials of JBT Marel India Private Limited
FY 2025 filings availableJBT Marel India Private Limited reported revenue of ₹40.03 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹40.03 Cr ▲ 8%
Net profit · FY 2025
₹3.24 Cr margin 8.1%
EBITDA · FY 2025
₹6.22 Cr margin 15.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 19%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 13%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 8% growth in the latest year. EBITDA fell 24% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹6.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.24 Cr | ||||
| Balance Sheet | |||||
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| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | 8.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of JBT Marel India Private Limited, buy the company report.
Board of directors of JBT Marel India Private Limited
JBT Marel India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Gopal Pardeshi Also directs: Marel India Private Limited | Director | 28 Jul 2023 | 3 Years 2 Months | Current |
| Vikram Vijay Mulmule Also directs: Marel India Private Limited | Director | 28 Jul 2023 | 3 Years 2 Months | Current |
Peer comparison
JBT Marel India Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Leasing, Machinery and Equipment Retail and Distribution, Maintenance Services), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Electra Koko Tawa Weld Private Limited | ₹40.06 Cr (FY 2025) | -2.0% | Delhi, India | |||
| JBT Marel India Private Limitedthis company | ₹40.03 Cr (FY 2025) | ₹3.24 Cr | 8.1% | 8.0% | 63 | Pune, Maharashtra, India |
| Brahmaputra Menkent India Private Limited | ₹39.81 Cr (FY 2025) | 5.0% | Guwahati, Assam, India | |||
| Ganpati Industrial Spares Private Limited | ₹39.68 Cr (FY 2025) | 186.0% | Nagpur, Maharashtra, India | |||
| Jain Safeweld Private Limited | ₹39.55 Cr (FY 2024) | 10.0% | Kolkata, West Bengal, India |
To see the full peer comparison of JBT Marel India Private Limited, buy the company report.
Auditor
JBT Marel India Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N |
Shareholding
The shareholding of JBT Marel 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 JBT Marel India Private Limited, buy the company report.
Deals & funding
JBT Marel India Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.49 Cr; the latest was in November 2012.
Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹3.49 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2012 | Funding round | ₹3 Cr | Investors: John Bean Technologies Corporation |
| Oct 2010 | Funding round | ₹44 Lakh | Investors: John Bean Technologies Corporation |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: John Bean Technologies Pte Ltd Seller: 2 individuals |
| Mar 2010 | Funding round | ₹5 Lakh | Investors: John Bean Technologies Corporation |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
JBT Marel India Private Limited has 3 court cases on record: 2 filed by JBT Marel India, 1 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Union of India THR Department of Revenue Ministry of Finance and Ors | Pending |
| High Court of Delhi | Revision petition | Filed by the company against The State & Ors. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Ms Gupta Enterprises | Disposed |
To see the full case history of JBT Marel 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
JBT Marel India Private Limited has 35 MSME Form 1 returns on record between 2018 and 2024, listing 167 overdue payments to 31 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 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sanveer Infotech Private Limited | |||
| an individual supplier | |||
| The New Ball Bearing Co | |||
| an individual supplier | |||
| Spruce Pax Private Limited |
To see the full MSME payment records of JBT Marel India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
JBT Marel India Private Limited has a workforce of 63 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
63
Active EPFO establishments
1
Employee growth
28.57%
GST
JBT Marel India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCJ1393E1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of JBT Marel India Private Limited, buy the company report.
Recent activity
JBT Marel India Private Limited has 12 board changes on record since 2012: 2 appointments and 10 cessations. The latest: Nitin Gopal Pardeshi ceased to be Additional Director on 29 Sep 2023.
AGM
Jbt Marel India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Jbt Marel India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Nitin Gopal Pardeshi ceased to be Additional Director.
Ceased
Vikram Vijay Mulmule ceased to be Additional Director.
Appointed
Nitin Gopal Pardeshi was appointed as Director.
Appointed
Vikram Vijay Mulmule was appointed as Director.
Ceased
Geralyn Marie Fallon ceased to be Director.
Ceased
Abhit Amarnath Banerjee ceased to be Additional Director.
Ceased
Uday Prabhakar Sant ceased to be Director.
Ceased
Sunil Dangwal ceased to be Additional Director.
Ceased
Michael Andrew Brodziak ceased to be Director.
Ceased
Gregory Alan Packard ceased to be Additional Director.
3 earlier events are in the company report.
Frequently asked questions
JBT Marel India is an active private limited company based in Pune, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 11 February 2009 (17+ years old) and is registered under CIN U29299PN2009PTC133496.
JBT Marel India has 2 current directors:
- Nitin Gopal Pardeshi - Director
- Vikram Vijay Mulmule - Director
The latest financial statements of JBT Marel 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 2015 are in the company report.
The GSTIN of JBT Marel India is 27AACCJ1393E1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of JBT Marel India is U29299PN2009PTC133496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JBT Marel India has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
JBT Marel India was incorporated on 11 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
JBT Marel India has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.49 Cr; the latest was in November 2012.
The peers of JBT Marel India by revenue are Electra Koko Tawa Weld Private Limited, Brahmaputra Menkent India Private Limited, Ganpati Industrial Spares Private Limited, Jain Safeweld Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Leasing, Machinery and Equipment Retail and Distribution, Maintenance Services), with the same principal business activity (wholesale trading).
Nitin Gopal Pardeshi ceased to be Additional Director on 29 Sep 2023. Vikram Vijay Mulmule ceased to be Additional Director on 29 Sep 2023. Nitin Gopal Pardeshi was appointed as Director on 28 Jul 2023. JBT Marel India has 12 board changes on record in total.
Yes, JBT Marel India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0156858).
JBT Marel India has 35 MSME Form 1 returns on record between 2018 and 2024, listing 167 overdue payments to 31 micro and small suppliers. The latest return was filed on 23 Apr 2024.