MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0056501
Airel (India) Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹98.49 Lakh
▼ 40% YoY
Net loss · FY 2025
₹48.23 Lakh
Net margin -49%
EBITDA · FY 2025
-₹33.95 Lakh
EBITDA margin -34.5%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.09 Cr
Issued & subscribed
Open charges
₹1.36 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Employees · EPFO
3
Provident fund records
About Airel (India) Private Limited
Data last updated:
Airel (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Airel, France. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 25 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33112KA2006PTC040033. Its GSTIN is 29AAFCA8583N1ZU (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.09 Cr. It is led by directors including Mir Shujath Ali and Rouleau Thierry.
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 412 11th Cross IV Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.49 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹48.23 Lakh (net margin -49%) and EBITDA of -₹33.95 Lakh (EBITDA margin -34.5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 5% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Airel India. As per MCA filings, the company has open charges of ₹1.36 Cr on record. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹3.17 Cr; the latest was in March 2016.
Airel (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0056501). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airelindia.co.in.
Company details
CIN U33112KA2006PTC040033
Registration Number 040033
Incorporation Date 25 July 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Airel, France
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0056501
Key People
Mir Shujath Ali Director Rouleau Thierry Director Bernard John Andre Joseph Poupon Director Recognitions & Rankings of Airel (India)
Contact details
Airel (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is airelindia.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address412 11th Cross IV Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Airel (India) Private Limited, buy the company report.
Comprehensive company report
Airel (India) 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Airel (India) operates one associated brand: Airel India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies high-quality dental equipment to professionals worldwide. | airelindia.co.in |
Business activity
The main business activity of Airel (India) is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Airel (India) Private Limited, buy the company report.
Financials of Airel (India) Private Limited
FY 2025 filings availableAirel (India) Private Limited reported revenue of ₹98.49 Lakh (down 40% YoY) for FY 2025.
Revenue · FY 2025
₹98.49 Lakh ▼ 40%
Net loss · FY 2025
₹48.23 Lakh margin -49%
EBITDA · FY 2025
-₹33.95 Lakh margin -34.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 40%
3 years · compounded
▼ 16%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 153%
3 years · compounded
▼ 50%
5 years · compounded
▲ 9%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 40% fall in the latest year. EBITDA fell 153% 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 |
|---|---|---|---|---|---|
| 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 | -₹33.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹48.23 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34.5% | ||||
| Net Profit Margin | -49% | ||||
| 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 Airel (India) Private Limited, buy the company report.
Board of directors of Airel (India) Private Limited
Airel (India) has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mir Shujath Ali | Director | 25 Jul 2006 | 20 Years 3 Months | Current |
| Rouleau Thierry | Director | 01 Jun 2008 | 18 Years 5 Months | Current |
| Bernard John Andre Joseph Poupon Also directs: Reitzel India Private Limited | Director | 01 Jun 2008 | 18 Years 5 Months | Current |
| Noor Nargis Banu | Director | 01 Oct 2009 | 17 Years 1 Months | Current |
Auditor
Airel (India) Private Limited is audited by Phillipos & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Phillipos & Co | FY 2022 | 2650S |
Shareholding
The shareholding of Airel (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Airel (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.36 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2007 | 10048814 | State Bank of India | ₹1.36 Cr | Open |
To see the full charge records of Airel (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Airel (India) Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹3.17 Cr; the latest was in March 2016.
Total deals
6
Funding rounds
3
Secondary share transfers
3
Disclosed funding
₹3.17 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2014 | Funding round | ₹93.1 Lakh | Investors: an individual |
| Jul 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2009 | Funding round | ₹70.5 Lakh | Investors: 4 individuals |
To see the full deal history of Airel (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
No court or tribunal cases involving Airel (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 Airel (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Airel (India) Private Limited has a workforce of 3 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-40%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 3 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Airel (India) Private Limited, buy the company report.
GST
Airel (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCA8583N1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Airel (India) Private Limited, buy the company report.
Recent activity
Airel (India) Private Limited has 10 board changes on record since 2006: 4 appointments and 6 cessations. The latest: Camille Olivier Bernard Benoit ceased to be Director on 13 Apr 2017.
AGM
Airel (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Airel (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 1.36 Cr registered on 17 Apr 2007 with Charge ID 10048814 was modified on 30 Mar 2022.
Ceased
Camille Olivier Bernard Benoit ceased to be Director.
Ceased
Narendrakumar Kaushal Pandey ceased to be Director.
Ceased
Satya Bhama Pandey ceased to be Director.
Ceased
Kiran Nanjundiah ceased to be Director.
Ceased
Narendra Thabaj Appasaheb ceased to be Director.
Ceased
Noor Nargis Banu ceased to be Additional Director.
Appointed
Noor Nargis Banu was appointed as Director.
Appointed
Bernard John Andre Joseph Poupon was appointed as Director.
Appointed
Rouleau Thierry was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Airel (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 25 July 2006 (20+ years old) and is registered under CIN U33112KA2006PTC040033.
Airel (India) has 4 current directors:
- Mir Shujath Ali - Director
- Rouleau Thierry - Director
- Bernard John Andre Joseph Poupon - Director
- Noor Nargis Banu - Director
The latest financial statements of Airel (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 Airel (India) is 29AAFCA8583N1ZU, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Airel (India) is U33112KA2006PTC040033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airel (India) was incorporated on 25 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Airel (India) has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹3.17 Cr; the latest was in March 2016.
Camille Olivier Bernard Benoit ceased to be Director on 13 Apr 2017. Narendrakumar Kaushal Pandey ceased to be Director on 07 Jan 2015. Satya Bhama Pandey ceased to be Director on 07 Jan 2015. Airel (India) has 10 board changes on record in total.
Yes, Airel (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0056501).
Airel (India) can be reached through the website airelindia.co.in. Its registered office is in Bangalore, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages