Alstef India Private Limited

Alstef India Private Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U29220DL2009FTC193645 Incorporated 28 August 2009 ROC Delhi HQ New Delhi, Delhi, India
Active Foreign Private Limited Company machinery and equipment MSME
Data last updated
Revenue · FY 2024
₹44.06 Cr
▲ 316% YoY
Net profit · FY 2024
₹3.86 Cr
Net margin 8.8%
EBITDA · FY 2024
₹5.19 Cr
EBITDA margin 11.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹40 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
58
Provident fund records

About Alstef India Private Limited

Data last updated:

Alstef India Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Glidepath Limited. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 28 August 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29220DL2009FTC193645. Its GSTIN is 07AADCG5390H1ZI (Delhi). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Glidepath India Private Limited. It is led by directors including Tennyson Anthony Kulangara and Nicolas Breton.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 507 Bhikaji Cama Bhawan Bhikaji Cama Place, New Delhi, Delhi, India – 110066.

As per the financials filed for FY 2024, the company reported a revenue of ₹44.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.86 Cr (net margin 8.8%) and EBITDA of ₹5.19 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 113% over three years and 84% over five years.

The company has about 58 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Glidepath Group. As per MCA filings, the company has open charges of ₹40 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

Alstef India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0099222). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glidepathgroup.com.

Company details

CIN U29220DL2009FTC193645
Registration Number 193645
Incorporation Date 28 August 2009
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Glidepath Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0099222

Recognitions & Rankings of Alstef India

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-26-0099222

Contact details

Alstef India Private Limited's registered office is in New Delhi, Delhi. Its website is glidepathgroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    507 Bhikaji Cama Bhawan Bhikaji Cama Place, New Delhi, Delhi, India – 110066
  • Industry
    Machinery and Equipment, Industrial Machinery Retail & Distribution

To see the full contact details of Alstef India Private Limited, buy the company report.

Comprehensive company report
Alstef 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

Alstef India operates one associated brand: Glidepath Group. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of baggage handling and intralogistics solutions for airports and warehousesglidepathgroup.com

Business activity

The main business activities of Alstef India are professional, scientific and technical and manufacturing. In detail, this covers other professional, scientific and technical activities and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Alstef India Private Limited, buy the company report.

Financials of Alstef India Private Limited

FY 2024 filings available

Alstef India Private Limited reported revenue of ₹44.06 Cr (up 316% YoY) for FY 2024.

Revenue · FY 2024
₹44.06 Cr ▲ 316%
Net profit · FY 2024
₹3.86 Cr margin 8.8%
EBITDA · FY 2024
₹5.19 Cr margin 11.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 316%
3 years · compounded
▲ 113%
5 years · compounded
▲ 84%
EBITDA CAGR growth
3 years · compounded
▲ 85%
5 years · compounded
▲ 43%

Revenue has grown at a compounded annual rate (CAGR) of 84% over five years, including 316% growth 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹5.19 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.86 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.8%
Net Profit Margin8.8%
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 Alstef India Private Limited, buy the company report.

Board of directors of Alstef India Private Limited

Alstef India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tennyson Anthony KulangaraAdditional Director23 Nov 20232 Years 11 MonthsCurrent
Nicolas BretonAdditional Director18 Mar 20242 Years 7 MonthsCurrent
Brian Walker CohalanAdditional Director18 Mar 20242 Years 7 MonthsCurrent

Auditor

Alstef India Private Limited is audited by SHARMA ARUN & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SHARMA ARUN & CO.FY 2023010464N

Shareholding

The shareholding of Alstef India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Alstef India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹40 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹40.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Feb 2025101059126Axis Bank Limited₹40 CrOpen

To see the full charge records of Alstef India Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Alstef India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Alstef India Private Limited has a workforce of 58 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
58
Active EPFO establishments
1
Employee growth
26.09%

GST

Alstef India has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
07AADCG5390H1ZIDelhiActive01 Jul 2017
32AADCG5390H1ZPKeralaActive01 Jul 2017
27AADCG5390H1ZGMaharashtraActive06 Mar 2018

To see the full GST registrations and return filing status of Alstef India Private Limited, buy the company report.

Recent activity

Alstef India Private Limited has 15 board changes on record since 2009: 9 appointments and 6 cessations. The latest: Pierre Louis Marie Marol ceased to be Director on 08 Oct 2024.

Charges
A charge with Axis Bank Limited of Rs. 4,000.00 Lakh registered on 19 Feb 2025 with Charge ID 101059126 was modified on 30 Oct 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 4,000.00 Lakh with Charge ID 101059126 was registered on 19 Feb 2025.
Ceased
Pierre Louis Marie Marol ceased to be Director.
AGM
Alstef India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Alstef India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Brian Walker Cohalan was appointed as Additional Director.
Appointed
Nicolas Breton was appointed as Additional Director.
Ceased
Madhu Xavier ceased to be Director.
Appointed
Tennyson Anthony Kulangara was appointed as Additional Director.
Ceased
James Edward Webber ceased to be Director.
Ceased
Kenneth Allen Stevens ceased to be Director.
Appointed
Pierre Louis Marie Marol was appointed as Director.

8 earlier events are in the company report.

Frequently asked questions

Alstef India is an active foreign private limited company based in New Delhi, Delhi, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 28 August 2009 (17+ years old) and is registered under CIN U29220DL2009FTC193645.

Alstef India has 3 current directors:

The latest financial statements of Alstef India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Alstef India is 07AADCG5390H1ZI, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 32AADCG5390H1ZP (Kerala), 27AADCG5390H1ZG (Maharashtra).

The CIN (Corporate Identification Number) of Alstef India is U29220DL2009FTC193645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Alstef India has 1 court case on record: 1 filed against it.

Alstef India was incorporated on 28 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.

Pierre Louis Marie Marol ceased to be Director on 08 Oct 2024. Brian Walker Cohalan was appointed as Additional Director on 18 Mar 2024. Nicolas Breton was appointed as Additional Director on 18 Mar 2024. Alstef India has 15 board changes on record in total.

Yes, Alstef India is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0099222).

Alstef India can be reached through the website glidepathgroup.com. Its registered office is in New Delhi, Delhi, India.