
About Alstom Systems India Private Limited
Data last updated:
Alstom Systems India Private Limited was a foreign private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Alstom Transport Sa. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the railway infrastructure development segment of the infrastructure and utilities sector. It was incorporated on 11 August 2015.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U45205KA2015FTC082177. Its GSTIN is 29AANCA6995Q1ZC (Karnataka). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹53.3 Cr and a paid-up capital of ₹53.3 Cr. It was led by directors Puneet Garg and Vijay Sharma.
Its last annual general meeting (AGM) was held on 12 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 66/2 3rd Floor Embassy Prime C.V. Raman Nagar, Bangalore, Karnataka, India – 560075.
As per the financials filed for FY 2022, the company reported a revenue of ₹75.8 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹130 Cr (net margin -171.5%) and EBITDA of -₹103.2 Cr (EBITDA margin -136.1%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 13% over five years.
The company had about 26 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 16 cases involving the company, including 12 filed by the company and 4 filed against it.
The last known website on record is in.alstom.com.
Company details
Contact details
Alstom Systems India Private Limited's registered office is in Bangalore, Karnataka. Its website is in.alstom.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address66/2 3rd Floor Embassy Prime C.V. Raman Nagar, Bangalore, Karnataka, India – 560075
- IndustryInfrastructure and Utilities, Railway Infrastructure Development
To see the full contact details of Alstom Systems 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 Alstom Systems India is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Alstom Systems India Private Limited, buy the company report.
Financials of Alstom Systems India Private Limited
FY 2022 filings availableAlstom Systems India Private Limited reported revenue of ₹75.8 Cr (down 64% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 64% fall in the latest year. EBITDA fell 94% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹75.8 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹103.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹130 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -136.1% | ||||
| Net Profit Margin | -171.5% | ||||
| 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 Alstom Systems India Private Limited, buy the company report.
Board of directors of Alstom Systems India Private Limited
Alstom Systems India has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puneet Garg | Director | 12 Aug 2022 | 4 Years 2 Months | As last reported |
| Vijay Sharma Also directs: Syntegon Technology India Private Limited | Additional Director | 05 Apr 2023 | 3 Years 6 Months | As last reported |
Auditor
Alstom Systems India Private Limited is audited by S.N. Dhawan & Co LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.N. Dhawan & Co LLP | FY 2022 | 000050N/N500045 |
Shareholding
The shareholding of Alstom Systems 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 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Alstom Systems India Private Limited, buy the company report.
Legal cases
Alstom Systems India Private Limited has 16 court cases on record: 12 filed by Alstom Systems India, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against Dedicated Freight Corridor Corporation of India Ltd | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Dedicated Freight Corridor Corporation of India Limited | Disposed |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against Zillion Infraprojects Pvt Ltd. | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Zillion Infraprojects Pvt Ltd | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by JPC Infrastructure and Constructions Pvt Ltd Through Its Director Through Its Director 402, Mohak Residency C-651 and 652, 4-C, Scheme Macheda, Sikar Road, , District: Jaipur ,Jaipur , Rajasthan | Disposed |
To see the full case history of Alstom Systems 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.
Credit ratings & regulatory alerts
Alstom Systems India Private Limited was last rated by Icra on 31 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 Mar 2022 |
To see the full credit ratings and regulatory alerts of Alstom Systems India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Alstom Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Alstom Systems India Private Limited has a workforce of 26 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Alstom Systems India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCA6995Q1ZC | Karnataka | Active | 27 Apr 2018 |
| 09AANCA6995Q1ZE | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Alstom Systems India Private Limited, buy the company report.
Recent activity
Alstom Systems India Private Limited has 14 board changes on record since 2016: 2 appointments and 12 cessations. The latest: Vijay Sharma was appointed as Additional Director on 05 Apr 2023.
5 earlier events are in the company report.
Frequently asked questions
Alstom Systems India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Alstom Systems India was a foreign private limited company based in Bangalore, Karnataka, India. The company worked in railway infrastructure development, within the infrastructure and utilities industry. It was incorporated on 11 August 2015 and is registered under CIN U45205KA2015FTC082177. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Alstom Systems India was incorporated on 11 August 2015. It is registered with the Registrar of Companies, Bangalore.
Alstom Systems India had 2 directors:
- Puneet Garg - Director
- Vijay Sharma - Additional Director
The CIN (Corporate Identification Number) of Alstom Systems India is U45205KA2015FTC082177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Alstom Systems India is at 662 3rd Floor Embassy Prime C.V. Raman Nagar, Bangalore, Karnataka, India – 560075.
Alstom Systems India can be reached through the website in.alstom.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Alstom Systems India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 12 September 2022. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Alstom Systems India is 29AANCA6995Q1ZC, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AANCA6995Q1ZE (Uttar Pradesh).
Alstom Systems India operated in the infrastructure and utilities industry, in the railway infrastructure development segment.

