About Volvo Auto India Private Limited
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Volvo Auto India Private Limited is a foreign private limited company based in Gurgaon, Haryana, India, a subsidiary of Volvo Cars Corporation. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 01 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29109HR2009FTC039243. Its GSTIN is 06AADCV0346E1ZP (Haryana). The company holds 21 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Jyoti Malhotra (Managing Director) and Carl Oscar Bertilsson Olsborg.
Its last annual general meeting (AGM) was held on 29 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at First Floor Tower A DLF Cyber Park 405 – B Sector 20 Udyog Vihar Phase – III, Gurgaon, Haryana, India – 122016.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,071.53 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹31.34 Cr (net margin 2.9%) and EBITDA of ₹55.77 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company has about 143 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Volvo Cars. Court records list 31 cases involving the company, including 15 filed by the company and 16 filed against it; 5 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.99 Cr; the latest was in March 2010. The company has 5 MSME Form 1 returns on record between 2018 and 2021, listing 17 overdue payments to 3 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 volvocars.com.
Company details
CIN history
Volvo Auto India has one previous CIN (Corporate Identification Number): U74140HR2009FTC039243. The current CIN is U29109HR2009FTC039243, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29109HR2009FTC039243 | Current |
| U74140HR2009FTC039243 | Previous |
Contact details
Volvo Auto India Private Limited's registered office is in Gurgaon, Haryana.
- Social Media
- Registered AddressFirst Floor Tower A DLF Cyber Park 405 – B Sector 20 Udyog Vihar Phase – III, Gurgaon, Haryana, India – 122016
- IndustryAutomotive, Auto Parts & Components
- 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
Volvo Auto India operates one associated brand: Volvo Cars. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automobiles and related products are manufactured by Volvo Cars. | volvocars.com |
Business activity
The main business activity of Volvo Auto 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 Volvo Auto India Private Limited, buy the company report.
Financials of Volvo Auto India Private Limited
FY 2024 filings availableVolvo Auto India Private Limited reported revenue of ₹1,071.53 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 61% 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 | ₹55.77 Cr | ||||
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| Net Profit (PAT) | ₹31.34 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 | 5.2% | ||||
| Net Profit Margin | 2.9% | ||||
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To see the full financial statements and ratios of Volvo Auto India Private Limited, buy the company report.
Board of directors of Volvo Auto India Private Limited
Volvo Auto India has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Carl Oscar Bertilsson Olsborg | Director | 31 Oct 2023 | 3 Years 0 Months | Current |
| Jyoti Malhotra | Managing Director | 11 Dec 2017 | 8 Years 10 Months | Current |
| Karl Magnus Ragnmark | Director | 24 Jul 2025 | 1 Years 3 Months | Current |
Deals & funding
Volvo Auto India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.99 Cr; the latest was in March 2010.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Volvo Car Corporation Seller: an individual |
| Mar 2010 | Funding round | ₹3.99 Cr | Investors: Volvo Car Corporation |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Volvo Auto India Private Limited has 31 court cases on record: 15 filed by Volvo Auto India, 16 filed against it. 5 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 10 | 3 |
| District courts | 7 | 6 | 2 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by Sai Ram Krishna Cars Private Limited | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Talwar Cars Private Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by RK Mining Private Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by M/S Morani Motocorp Private Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Sai Ram Krishna Cars Private Limited | Disposed |
To see the full case history of Volvo Auto 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
Volvo Auto India Private Limited has 5 MSME Form 1 returns on record between 2018 and 2021, listing 17 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Manupatra Information Solutions Private Limited | |||
| Paramount Shipping Services Private Limited | |||
| Solar Print Process Private Limited |
To see the full MSME payment records of Volvo Auto India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Volvo Auto India has 21 GST registrations: 14 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCV0346E1ZP | Haryana | Active | 01 Jul 2017 |
| 06AADCV0346E3ZN | Haryana | Active | 27 Feb 2025 |
| 29AADCV0346E1ZH | Karnataka | Active | 01 Jul 2017 |
| 33AADCV0346E1ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Volvo Auto India Private Limited, buy the company report.
Recent activity
Volvo Auto India Private Limited has 22 board changes on record since 2009: 3 appointments and 19 cessations. The latest: Karl Magnus Ragnmark ceased to be Additional Director on 23 Dec 2025.
13 earlier events are in the company report.
Frequently asked questions
Volvo Auto India is an active foreign private limited company based in Gurgaon, Haryana, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 01 July 2009 (17+ years old) and is registered under CIN U29109HR2009FTC039243.
Volvo Auto India has 3 current directors:
- Jyoti Malhotra - Managing Director
- Carl Oscar Bertilsson Olsborg - Director
- Karl Magnus Ragnmark - Director
The latest financial statements of Volvo Auto India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Volvo Auto India is 06AADCV0346E1ZP, registered in Haryana. The company has 21 GST registrations in all, of which 14 are active and 7 are cancelled or inactive. Other active GSTINs include 06AADCV0346E3ZN (Haryana), 29AADCV0346E1ZH (Karnataka), 33AADCV0346E1ZS (Tamil Nadu).
The CIN (Corporate Identification Number) of Volvo Auto India is U29109HR2009FTC039243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Volvo Auto India has 31 court cases on record: 15 filed by the company and 16 filed against it. 5 are pending. Most are in the high courts.
Volvo Auto India was incorporated on 01 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Volvo Auto India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.99 Cr; the latest was in March 2010.
Karl Magnus Ragnmark ceased to be Additional Director on 23 Dec 2025. Karl Magnus Ragnmark was appointed as Director on 24 Jul 2025. Carl Oscar Bertilsson Olsborg ceased to be Additional Director on 28 Nov 2024. Volvo Auto India has 22 board changes on record in total.
Volvo Auto India has 5 MSME Form 1 returns on record between 2018 and 2021, listing 17 overdue payments to 3 micro and small suppliers. The latest return was filed on 25 Apr 2021.
Volvo Auto India can be reached through the website volvocars.com. Its registered office is in Gurgaon, Haryana, India.
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