
Josab India Private Limited
About Josab India Private Limited
Data last updated:
Josab India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Josab International Ab. It operates in the water treatment segment of the environmental services sector. It was incorporated on 04 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U41000PN2012FTC145589. Its GSTIN is 27AADCJ0224H1ZY (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹14.91 Cr. It is led by directors Dennis Abraham (Managing Director) and Ari Heikki Henry Koskela.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B – 3 Kpct Mall Adjacent To Vishal Mega Mart Fatima Nagar Wanwori, Pune, Maharashtra, India – 411013.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.68 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹6.9 Cr and EBITDA of -₹6.65 Cr. Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 44% over five years.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Josab India Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressB – 3 Kpct Mall Adjacent To Vishal Mega Mart Fatima Nagar Wanwori, Pune, Maharashtra, India – 411013
- IndustryEnvironment, Water Treatment
To see the full contact details of Josab 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
Financials of Josab India Private Limited
FY 2023 filings availableJosab India Private Limited reported revenue of ₹2.68 Lakh (down 46% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 46% fall in the latest year. EBITDA fell 77% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹6.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.9 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Josab India Private Limited, buy the company report.
Board of directors of Josab India Private Limited
Josab India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dennis Abraham | Managing Director | 04 Dec 2012 | 13 Years 10 Months | Current |
| Ari Heikki Henry Koskela | Director | 10 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Josab India Private Limited is compared with the 10 companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Evs Envision Technology Private Limited | ₹3.26 Lakh (FY 2024) | -83.0% | Kozhikode, Kerala, India | |||
| Region Metals Private Limited | ₹3.24 Lakh (FY 2024) | -74.0% | Chennai, Tamil Nadu, India | |||
| Tirubala Tri Environment Private Limited | ₹3.03 Lakh (FY 2019) | 24.0% | Kanpur, Uttar Pradesh, India | |||
| Enpro Water Systems Private Limited | ₹2.96 Lakh (FY 2024) | Sriperumbudur, Tamil Nadu, India | ||||
| Medilight Hydrohealth Private Limited | ₹2.86 Lakh (FY 2022) | Hyderabad, Telangana, India | ||||
| Josab India Private Limitedthis company | ₹2.68 Lakh (FY 2023) | -₹6.9 Cr | -46.0% | Pune, Maharashtra, India | ||
| Karnavati Mega Clean Association | ₹2.56 Lakh (FY 2025) | -29.0% | Ahmedabad, Gujarat, India | |||
| Indus Envirosolutions Private Limited | ₹2.5 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Foundation for Inclusive and Sustainable Habitats | ₹2.46 Lakh (FY 2024) | -71.0% | Bangalore, Karnataka, India | |||
| Patna Water Supply Distribution Network Private Limited | ₹1.93 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Unicom Appliances Limited | ₹1.9 Lakh (FY 2025) | Mumbai, Maharashtra, India |
To see the full peer comparison of Josab India Private Limited, buy the company report.
Auditor
Josab India Private Limited is audited by Abhay & Rahul Chartered Accoutant for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Abhay & Rahul Chartered Accoutant | FY 2017 | 0129965W |
Shareholding
The shareholding of Josab India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Josab India Private Limited, buy the company report.
Legal cases
Josab India Private Limited has 5 court cases on record: 3 filed by Josab India, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed against the company | Pending |
| High Court of Kerala | Court case (RP) | Filed against the company by an individual | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against State of Kerala and 1 other | Disposed |
| High Court of Kerala | Court case (Con.Case(C)) | Filed by the company against an individual | Disposed |
| High Court of Kerala | Court case (RP) | Filed by the company against State of Kerala and 1 other | Disposed |
To see the full case history of Josab 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
No delayed payments to MSME suppliers are on our record for Josab India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Josab India has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCJ0224H1ZY | Maharashtra | Active | 01 Jul 2017 |
| 32AADCJ0224H1Z7 | Kerala | Active | 01 Jul 2017 |
| 36AADCJ0224H1ZZ | Telangana | Active | 10 Jan 2019 |
To see the full GST registrations and return filing status of Josab India Private Limited, buy the company report.
Recent activity
Josab India Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Johan Per Olof Gillgren ceased to be Director on 30 Dec 2020.
Frequently asked questions
Josab India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in water treatment, within the environment industry. It was incorporated on 04 December 2012 (14+ years old) and is registered under CIN U41000PN2012FTC145589.
Josab India has 2 current directors:
- Dennis Abraham - Managing Director
- Ari Heikki Henry Koskela - Director
The latest financial statements of Josab India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Josab India is 27AADCJ0224H1ZY, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 32AADCJ0224H1Z7 (Kerala), 36AADCJ0224H1ZZ (Telangana).
The CIN (Corporate Identification Number) of Josab India is U41000PN2012FTC145589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Josab India has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending.
Josab India was incorporated on 04 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Josab India by revenue are Evs Envision Technology Private Limited, Region Metals Private Limited, Tirubala Tri Environment Private Limited, Enpro Water Systems Private Limited, Medilight Hydrohealth Private Limited and 5 more, all in the Cleantech industry (Water and Wastewater Treatment).
Johan Per Olof Gillgren ceased to be Director on 30 Dec 2020. Ari Heikki Henry Koskela ceased to be Additional Director on 30 Sep 2018. Amar Ambadas Mulik ceased to be Company Secretary on 14 Sep 2018. Josab India has 9 board changes on record in total.
The registered office of Josab India is at B – 3 Kpct Mall Adjacent To Vishal Mega Mart Fatima Nagar Wanwori, Pune, Maharashtra, India – 411013.
Josab India operates in the environment industry, in the water treatment segment.