- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0094411

About Sit PTC India Private Limited
Data last updated:
Sit PTC India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Sit S.P.A. Societa’ Unipersonale. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 15 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29309PN2019FTC182806. Its GSTIN is 27ABBCS7484D1Z5 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹38.86 Lakh. It is led by directors including Amit Yeshawant Nangre and Riccardo Maria Scaglia.
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 ₹12.37 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹93.48 Lakh (net margin 7.6%) and EBITDA of ₹1.7 Cr (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 43% over five years.
Sit PTC India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0094411). For more details, the company can be reached via its website drivetechsolutions.com.
Company details
Recognitions & Rankings of Sit PTC India
Contact details
Sit PTC India Private Limited's registered office is in Pune, Maharashtra. Its website is drivetechsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS. No. 353 Gauddara Road A/P. Gauddara Shriram Nagar Khed – Shivapur Tal. Havel, I, Pune, Maharashtra, India – 412205
- IndustryMachinery and Equipment, Industrial Machine Tools
To see the full contact details of Sit PTC 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
Business activity
The main business activity of Sit PTC India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sit PTC India Private Limited, buy the company report.
Financials of Sit PTC India Private Limited
FY 2025 filings availableSit PTC India Private Limited reported revenue of ₹12.37 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 26% growth in the latest year. EBITDA rose 49% 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 | ₹1.7 Cr | ||||
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| Net Profit (PAT) | ₹93.48 Lakh | ||||
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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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| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 7.6% | ||||
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To see the full financial statements and ratios of Sit PTC India Private Limited, buy the company report.
Board of directors of Sit PTC India Private Limited
Sit PTC India has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Yeshawant Nangre | Director | 15 Mar 2019 | 7 Years 7 Months | Current |
| Riccardo Maria Scaglia | Director | 15 Mar 2019 | 7 Years 7 Months | Current |
| Camillo Giovanni Maria Lanza | Director | 15 Mar 2019 | 7 Years 7 Months | Current |
| Federica Maria Scaglia | Director | 10 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Sit PTC India Private Limited is audited by WANI & PURANIK for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WANI & PURANIK | FY 2022 | 140802W |
Shareholding
The shareholding of Sit PTC India Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sit PTC India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sit PTC India 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 Sit PTC India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sit PTC India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABBCS7484D1Z5 | Maharashtra | Active | 25 Apr 2019 |
To see the full GST registrations and return filing status of Sit PTC India Private Limited, buy the company report.
Recent activity
Sit PTC India Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Federica Maria Scaglia ceased to be Additional Director on 03 Mar 2024.
Frequently asked questions
Sit PTC India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 15 March 2019 (7+ years old) and is registered under CIN U29309PN2019FTC182806.
Sit PTC India has 4 current directors:
- Amit Yeshawant Nangre - Director
- Riccardo Maria Scaglia - Director
- Camillo Giovanni Maria Lanza - Director
- Federica Maria Scaglia - Director
The latest financial statements of Sit PTC 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 FY 2019 are in the company report.
The GSTIN of Sit PTC India is 27ABBCS7484D1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sit PTC India is U29309PN2019FTC182806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sit PTC India was incorporated on 15 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Federica Maria Scaglia ceased to be Additional Director on 03 Mar 2024. Federica Maria Scaglia was appointed as Director on 10 Jan 2024. Amit Yeshawant Nangre was appointed as Director on 15 Mar 2019. Sit PTC India has 5 board changes on record in total.
Yes, Sit PTC India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0094411).
Sit PTC India can be reached through the website drivetechsolutions.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Sit PTC India is at S. No. 353 Gauddara Road AP. Gauddara Shriram Nagar Khed – Shivapur Tal. Havel, I, Pune, Maharashtra, India – 412205.

