About Airtech Pvt Ltd
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Airtech Pvt Ltd is a private limited company based in New Delhi, Delhi, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 22 November 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1969PTC005156. Its GSTIN is 09AAACA4690D1ZU (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹17.5 Lakh. It is led by directors including Neeraj Nagpal and Kavita Nagpal.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 16, Greater Kailash Part – I, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.94 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.48 Cr (net margin 6.2%) and EBITDA of ₹4.14 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹6.96 Cr on record. Court records list 51 cases involving the company, including 34 filed by the company and 17 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airtechindia.com.
Company details
Contact details
Airtech Pvt Ltd's registered office is in New Delhi, Delhi. Its website is airtechindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 16, Greater Kailash Part – I, New Delhi, Delhi, India – 110048
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Airtech Pvt Ltd, 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 Airtech is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Airtech Pvt Ltd, buy the company report.
Financials of Airtech Pvt Ltd
FY 2025 filings availableAirtech Pvt Ltd reported revenue of ₹39.94 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 12% 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 | ₹4.14 Cr | ||||
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| Net Profit (PAT) | ₹2.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 6.2% | ||||
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To see the full financial statements and ratios of Airtech Pvt Ltd, buy the company report.
Board of directors of Airtech Pvt Ltd
Airtech has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Nagpal Also directs: Airtech Metal Manufacturing Private Limited | Director | 12 Sep 1973 | 53 Years 1 Months | Current |
| Kavita Nagpal Also directs: Airtech Metal Manufacturing Private Limited | Director | 23 Jan 1995 | 31 Years 8 Months | Current |
| Alok Kumar | Director | 21 Feb 2022 | 4 Years 8 Months | Current |
| Dhruv Nagpal | Director | 29 Sep 2012 | 14 Years 0 Months | Current |
| Prashant Nagpal | Director | 21 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Airtech Pvt Ltd is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Parshwanath Papers Private Limited | ₹42.37 Cr (FY 2025) | 10.0% | Ajmer, Rajasthan, India | |||
| Dynasty Modular Furnitures Private Limited | ₹40.96 Cr (FY 2025) | 20.0% | Jaipur, Rajasthan, India | |||
| Trevi Furniture Corp Private Limited | ₹40.53 Cr (FY 2025) | 8.0% | Anekal, Karnataka, India | |||
| Airtech Pvt Ltdthis company | ₹39.94 Cr (FY 2025) | ₹2.48 Cr | 6.2% | -9.0% | New Delhi, Delhi, India | |
| Shree Ram Wooden Industries Private Limited | ₹38.76 Cr (FY 2025) | 16.0% | Bavla, Gujarat, India | |||
| Itp Limited | ₹38.57 Cr (FY 2024) | -4.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Airtech Pvt Ltd, buy the company report.
Auditor
Airtech Pvt Ltd is audited by N D Kapur & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N D Kapur & Co. | FY 2023 | 001196N |
Shareholding
The shareholding of Airtech Pvt Ltd 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 Airtech Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2021 | 100489764 | Hdfc Bank Limited | ₹5.5 Lakh | Open | |
| 05 Feb 2008 | 10094867 | State Bank of India | ₹6.9 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Airtech Pvt Ltd has 51 court cases on record: 34 filed by Airtech, 17 filed against it. 12 cases are pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 15 | 11 |
| High courts | 9 | 1 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by Paramount Polytreat Chemicals Pvt. Ltd. | Pending |
| District court, Jhajjar, Haryana | Commercial suit | Filed against the company by M//S Zeco Aircon Ltd Through Sushil Aggarwal | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by SRG International Pvt Ltd | Disposed |
| District court, South, Delhi | Criminal case | Filed against the company by M/S M.K Infracon Pvt. Limited | Disposed |
| District court, Central, Delhi | Civil suit | Filed by the company against Ms Singer India Limited | Disposed |
To see the full case history of Airtech Pvt Ltd, 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
No delayed payments to MSME suppliers are on our record for Airtech Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Airtech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACA4690D1ZU | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Airtech Pvt Ltd, buy the company report.
Recent activity
Airtech Pvt Ltd has 9 board changes on record since 1973: 6 appointments and 3 cessations. The latest: Alok Kumar ceased to be Additional Director on 30 Sep 2022.
2 earlier events are in the company report.
Frequently asked questions
Airtech is an active private limited company based in New Delhi, Delhi, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 22 November 1969 (57+ years old) and is registered under CIN U74899DL1969PTC005156.
Airtech has 5 current directors:
- Neeraj Nagpal - Director
- Kavita Nagpal - Director
- Alok Kumar - Director
- Dhruv Nagpal - Director
- Prashant Nagpal - Director
The latest financial statements of Airtech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Airtech is 09AAACA4690D1ZU, registered in Uttar Pradesh. 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 Airtech is U74899DL1969PTC005156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airtech has 51 court cases on record: 34 filed by the company and 17 filed against it. 12 are pending. Most are in the district courts.
Airtech was incorporated on 22 November 1969, making it 57+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Airtech by revenue are Parshwanath Papers Private Limited, Dynasty Modular Furnitures Private Limited, Trevi Furniture Corp Private Limited, Shree Ram Wooden Industries Private Limited, Itp Limited, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Alok Kumar ceased to be Additional Director on 30 Sep 2022. Prashant Nagpal ceased to be Additional Director on 30 Sep 2022. Alok Kumar was appointed as Director on 21 Feb 2022. Airtech has 9 board changes on record in total.
Airtech can be reached through the website airtechindia.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Airtech is at B – 16, Greater Kailash Part – I, New Delhi, Delhi, India – 110048.