MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0134986
Sandvik India Innovations Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.01 Cr
▲ 23% YoY
Net profit · FY 2025
₹1.57 Cr
Net margin 9.2%
EBITDA · FY 2025
₹3.02 Cr
EBITDA margin 17.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
21 yrs
Est. 2005
Employees · EPFO
55
Provident fund records
Directors on board
2
As per MCA filings
About Sandvik India Innovations Private Limited
Data last updated:
Sandvik India Innovations Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Sigmatek Systems Llc. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 28 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2005PTC020939. Its GSTIN is 27AACCV0693D1ZE (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Vaal Triangle Systems Private Limited. It is led by directors Sushilendra Arun Deshpande (Managing Director) and Anil Bhaskar Ghegade.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor Lohia Jain Business Centre S.B.Road Near Chaturshringi Temple, Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.01 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Cr (net margin 9.2%) and EBITDA of ₹3.02 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 20% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vaal Triangle.
Sandvik India Innovations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0134986). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vaal-traiangle.com.
Company details
CIN U72900PN2005PTC020939
Registration Number 020939
Incorporation Date 28 June 2005
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Sigmatek Systems Llc
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0134986
Recognitions & Rankings of Sandvik India Innovations
Contact details
Sandvik India Innovations Private Limited's registered office is in Pune, Maharashtra. Its website is vaal-traiangle.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Lohia Jain Business Centre S.B.Road Near Chaturshringi Temple, Pune, Maharashtra, India – 411016
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Sandvik India Innovations Private Limited, buy the company report.
Comprehensive company report
Sandvik India Innovations 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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Brands
Sandvik India Innovations operates one associated brand: Vaal Triangle. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops CAD/CAM, nesting, and automation software for fabrication and manufacturing. | vaal-triangle.com |
Business activity
The main business activity of Sandvik India Innovations is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Sandvik India Innovations Private Limited, buy the company report.
Financials of Sandvik India Innovations Private Limited
FY 2025 filings availableSandvik India Innovations Private Limited reported revenue of ₹17.01 Cr (up 23% YoY) for FY 2025.
Revenue · FY 2025
₹17.01 Cr ▲ 23%
Net profit · FY 2025
₹1.57 Cr margin 9.2%
EBITDA · FY 2025
₹3.02 Cr margin 17.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 28%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 34%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 23% growth in the latest year. EBITDA rose 25% 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 | ₹3.02 Cr | ||||
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| Net Profit (PAT) | ₹1.57 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 | 17.8% | ||||
| Net Profit Margin | 9.2% | ||||
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To see the full financial statements and ratios of Sandvik India Innovations Private Limited, buy the company report.
Board of directors of Sandvik India Innovations Private Limited
Sandvik India Innovations has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushilendra Arun Deshpande Also directs: Sigmatek Systems India Private Limited | Managing Director | 28 Jun 2005 | 21 Years 4 Months | Current |
| Anil Bhaskar Ghegade Also directs: Sigmatek Systems India Private Limited | Director | 10 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Sandvik India Innovations Private Limited is audited by K G KUNTE & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K G KUNTE & ASSOCIATES | FY 2019 | 117215W |
Shareholding
The shareholding of Sandvik India Innovations Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sandvik India Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sandvik India Innovations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sandvik India Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sandvik India Innovations Private Limited has a workforce of 55 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
55
Active EPFO establishments
1
Employee growth
7.84%
GST
Sandvik India Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV0693D1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sandvik India Innovations Private Limited, buy the company report.
Recent activity
Sandvik India Innovations Private Limited has 9 board changes on record since 2005: 2 appointments and 7 cessations. The latest: Anil Bhaskar Ghegade ceased to be Additional Director on 24 Sep 2025.
AGM
Sandvik India Innovations Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Ceased
Anil Bhaskar Ghegade ceased to be Additional Director.
Appointed
Anil Bhaskar Ghegade was appointed as Director.
Filing
Sandvik India Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Kirankumar Yashvantrai Acharya ceased to be Additional Director.
Ceased
Jason Scott Hayes ceased to be Director.
Ceased
Robert Ronald Payne Jr ceased to be Director.
Ceased
Bernardus Benjamin Terreblanche ceased to be Director.
Ceased
Johann Andries Terreblanche ceased to be Director.
Ceased
Pierre Anton Slabber ceased to be Director.
Appointed
Sushilendra Arun Deshpande was appointed as Managing Director.
Incorporation
28 Jun 2005
Sandvik India Innovations Private Limited was registered on 28 Jun 2005 with Roc Pune & aged 21 years 4 months as per MCA records.
Frequently asked questions
Sandvik India Innovations is an active private limited company based in Pune, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 28 June 2005 (21+ years old) and is registered under CIN U72900PN2005PTC020939.
Sandvik India Innovations has 2 current directors:
- Sushilendra Arun Deshpande - Managing Director
- Anil Bhaskar Ghegade - Director
The latest financial statements of Sandvik India Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sandvik India Innovations is 27AACCV0693D1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sandvik India Innovations is U72900PN2005PTC020939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sandvik India Innovations was incorporated on 28 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Anil Bhaskar Ghegade ceased to be Additional Director on 24 Sep 2025. Anil Bhaskar Ghegade was appointed as Director on 10 Apr 2025. Kirankumar Yashvantrai Acharya ceased to be Additional Director on 27 Sep 2022. Sandvik India Innovations has 9 board changes on record in total.
Yes, Sandvik India Innovations is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0134986).
Sandvik India Innovations can be reached through the website vaal-traiangle.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Sandvik India Innovations is at 2nd Floor Lohia Jain Business Centre S.B.Road Near Chaturshringi Temple, Pune, Maharashtra, India – 411016.
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