About Portescap India Private Limited
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Portescap India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Portescap Singapore Pte Ltd. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 16 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31103MH1994PTC137603. Its GSTIN is 27AAACK4896K1ZZ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹12.28 Cr. It was formerly known as Danaher Motion India Private Limited. It is led by directors including Sanjay Kachroo (Whole-Time Director) and Pragnesh Harkisandas Shah.
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 Unit No. 101 Tower II Seepz SEZ, Seepz Andheri East Mumbai, Maharashtra, India – 400096.
As per the financials filed for FY 2025, the company reported a revenue of ₹585.92 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹117.9 Cr (net margin 20.1%) and EBITDA of ₹173.12 Cr (EBITDA margin 29.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over five years.
The company has about 218 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Portescap. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending. The company has 6 deals on record (6 secondary share transfers); the latest was in September 2024. Its 6 peer companies in the Machinery and Equipment industry (Pumps), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 3 smaller; the largest is Flowmore Limited with revenue of ₹702.02 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2022, listing 54 overdue payments to 8 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 portescap.com.
Company details
Contact details
Portescap India Private Limited's registered office is in Mumbai, Maharashtra. Its website is portescap.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 101 Tower II Seepz SEZ, Seepz Andheri East Mumbai, Maharashtra, India – 400096
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Portescap 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
Portescap India operates one associated brand: Portescap. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solutions for miniature actuators to enterprises. | portescap.com |
Business activity
The main business activity of Portescap India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| 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 |
To see the full business activity and turnover split of Portescap India Private Limited, buy the company report.
Financials of Portescap India Private Limited
FY 2025 filings availablePortescap India Private Limited reported revenue of ₹585.92 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 26% 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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| EBITDA | ₹173.12 Cr | ||||
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| Net Profit (PAT) | ₹117.9 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 29.5% | ||||
| Net Profit Margin | 20.1% | ||||
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To see the full financial statements and ratios of Portescap India Private Limited, buy the company report.
Board of directors of Portescap India Private Limited
Portescap India has 3 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Kachroo | Whole-Time Director | 21 Sep 2023 | 3 Years 1 Months | Current |
| Pragnesh Harkisandas Shah | Additional Director | 26 Jun 2025 | 1 Years 4 Months | Current |
| Sachin Ashok Gaikwad | Additional Director | 26 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Portescap India Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Pumps), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flowmore Limited | ₹702.02 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Dover India Private Limited | ₹694.03 Cr (FY 2025) | 8.0% | Bangalore, Karnataka, India | |||
| Moniba Anand Electricals Pvt Ltd | ₹622.69 Cr (FY 2024) | 2837.0% | Mumbai, Maharashtra, India | |||
| Portescap India Private Limitedthis company | ₹585.92 Cr (FY 2025) | ₹117.9 Cr | 20.1% | -10.0% | 218 | Mumbai, Maharashtra, India |
| Koel Fluid Dynamics Private Limited | ₹514.75 Cr (FY 2025) | -8.0% | Sanand, Gujarat, India | |||
| Ruhrpumpen India Private Limited | ₹370.86 Cr (FY 2024) | 51.0% | Kancheepuram, Tamil Nadu, India | |||
| Kirloskar Ebara Pumps Limited | ₹368.75 Cr (FY 2025) | 19.0% | Pune, Maharashtra, India |
To see the full peer comparison of Portescap India Private Limited, buy the company report.
Auditor
Portescap India Private Limited is audited by S R B C & CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2022 | 324982E/ E300003 |
Shareholding
The shareholding of Portescap 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 Portescap India Private Limited, buy the company report.
Deals & funding
Portescap India Private Limited has 6 deals on record (6 secondary share transfers); the latest was in September 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: Regal Rexnord India Private Limited Seller: Portescap Singapore Pte Ltd |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Portescap Singapore Pte Ltd, AS Motion Asiapac Holding Limited Seller: TGA Holdings Pte Limited, TGA Holdings Pte Limited & James Eder |
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: TGA Holdings Pte Limited, TGA Holdings Pte Limited & James Eder Seller: Portescap Singapore Pte Ltd & James Eder, Portescap Singapore Pte Ltd |
| May 2013 | Secondary share transfer | Undisclosed | Seller: Portescap Singapore Pte Ltd |
| Mar 2013 | Secondary share transfer | Undisclosed | Seller: Portescap Singapore Pte Ltd |
To see the full deal history of Portescap India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Portescap India Private Limited has 5 court cases on record: 4 filed by Portescap India, 1 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed by the company against Deputy Commissioner of Income Tax Circle 2(3)(1), Mumbai | Pending |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax,Tds-2 | Pending |
| High Court | Writ petition | Filed by the company against Union of India and 5 others | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India and 3 Ors. | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Anr. | Disposed |
To see the full case history of Portescap 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
Portescap India Private Limited has 4 MSME Form 1 returns on record between 2019 and 2022, listing 54 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Crest Test Systems Private Limited | |||
| Safran Data Systems India Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Aditya Enterprises |
To see the full MSME payment records of Portescap India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Portescap India Private Limited has a workforce of 218 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Portescap India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK4896K1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 27AAACK4896K2ZY | Maharashtra | Active | 24 Jul 2017 |
To see the full GST registrations and return filing status of Portescap India Private Limited, buy the company report.
Recent activity
Portescap India Private Limited has 24 board changes on record since 2006: 5 appointments and 19 cessations. The latest: Pragnesh Harkisandas Shah was appointed as Additional Director on 26 Jun 2025.
15 earlier events are in the company report.
News
Frequently asked questions
Portescap India is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 16 August 1994 (32+ years old) and is registered under CIN U31103MH1994PTC137603.
Portescap India has 3 current directors:
- Sanjay Kachroo - Whole-Time Director
- Pragnesh Harkisandas Shah - Additional Director
- Sachin Ashok Gaikwad - Additional Director
The latest financial statements of Portescap 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 Portescap India is 27AAACK4896K1ZZ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACK4896K2ZY (Maharashtra).
The CIN (Corporate Identification Number) of Portescap India is U31103MH1994PTC137603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Portescap India has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending.
Portescap India was incorporated on 16 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Portescap India has 6 deals on record (6 secondary share transfers); the latest was in September 2024.
The peers of Portescap India by revenue are Flowmore Limited, Dover India Private Limited, Moniba Anand Electricals Pvt Ltd, Koel Fluid Dynamics Private Limited, Ruhrpumpen India Private Limited and 1 more, all in the Machinery and Equipment industry (Pumps), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Pragnesh Harkisandas Shah was appointed as Additional Director on 26 Jun 2025. Sachin Ashok Gaikwad was appointed as Additional Director on 26 Jun 2025. Arvind Pasricha ceased to be Additional Director on 21 Sep 2023. Portescap India has 24 board changes on record in total.
Portescap India has 4 MSME Form 1 returns on record between 2019 and 2022, listing 54 overdue payments to 8 micro and small suppliers. The latest return was filed on 29 Oct 2022.
Portescap India can be reached through the website portescap.com. Its registered office is in Mumbai, Maharashtra, India.