About Altanova India Private Limited
Data last updated:
Altanova India Private Limited is a foreign private limited company based in Delhi, India, a subsidiary of Isa Altanova Group Srl. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 13 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2012FTC242268. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5.1 Cr and a paid-up capital of ₹5.03 Cr. It was formerly known as Isa Advance Instruments India Private Limited. It is led by directors including Ruhul Islam and David Matthew Schatz.
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 2 Basement National Park Lajpat Nagar – IV, Delhi, India – 110024.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.74 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 4.9%) and EBITDA of ₹2.77 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 11% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ALTANOVA Group. As per MCA filings, the company has open charges of ₹16.18 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website altanova-group.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2 Basement National Park Lajpat Nagar – IV, Delhi, India – 110024
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Altanova India Private Limited
The main business activities of Altanova India are trade and professional, scientific and technical. In detail, this covers wholesale trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Altanova India Private Limited FY 2025 filings available
Altanova India Private Limited reported revenue of ₹24.74 Cr (up 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Altanova India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 29% growth in the latest year. EBITDA rose 692% 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 of Altanova India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2.77 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.21 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 of Altanova India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Altanova India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Altanova India Private Limited
Altanova India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Testing Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sipcon Technologies Private Limited | ₹26.81 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Ambala Cantt, Haryana, India |
| Omsons Glassware Private Limited | ₹26.77 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Ambala, Haryana, India |
| United Electrical Industries Ltd | ₹25.27 Cr (FY 2023) | •••• | •••• | -9.0% | •••• | Quilon, Kerala, India |
| Bhavyam Engineering Technologies Private Limited | ₹25.24 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| N K Jain Instruments Pvt Ltd | ₹24.94 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Haryana, India |
| Altanova India Private Limited this company | ₹24.74 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Delhi, India |
| Sams Advanced Climatic Technologies Private Limited | ₹24.71 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Hyderabad, Telangana, India |
| Premier Colorscan Instruments Private Limited | ₹24.59 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Navi Mumbai, Maharashtra, India |
| Manas Microsystems Private Limited | ₹24.57 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Pune, Maharashtra, India |
| Polmon Process Controls Private Limited | ₹24.35 Cr (FY 2025) | •••• | •••• | 209.0% | •••• | Patancheru, Telangana, India |
| Enviro Tech Instruments Pvt Ltd | ₹24.34 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Altanova India by revenue in the Machinery and Equipment industry (Testing Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Altanova India Private Limited
Altanova India Private Limited is audited by Piyush Misra & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Piyush Misra & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Altanova India Private Limited
Altanova India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ruhul Islam Also directs: Doble Engineering Private Limited | Director | 27 Mar 2024 | 2 Years 6 Months | Current |
| David Matthew Schatz | Director | 06 Oct 2021 | 5 Years 0 Months | Current |
| Nicole Marie Maclennan Also directs: Doble Engineering Private Limited | Director | 22 Dec 2022 | 3 Years 9 Months | Current |
Ownership and Shareholding of Altanova India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Altanova India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2021 | Others | ₹18 Lakh | Open |
| 30 Jul 2020 | Others | ₹16 Cr | Open |
Total charge records: 2 View all charges
MSME Payment Delays by Altanova India Private Limited
Altanova India Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 8 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Icon Media Group | •••• | •••• | •••• |
| New Way Office Automation Private Limited | •••• | •••• | •••• |
| I-Tech Media Private Limited | •••• | •••• | •••• |
| Fabsouk Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Altanova India Private Limited
Altanova India operates one associated brand: ALTANOVA Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Testing and monitoring services for electrical assets are provided. | altanova-group.com |
Employees and EPFO Compliance at Altanova India Private Limited
Altanova India Private Limited has a workforce of 12 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Altanova India Private Limited
Altanova India has undergone 2 name changes throughout its history. The company was previously known as Isa Advance Instruments India Private Limited, and Altanova India Private Limited. The current legal name is Altanova India Private Limited.
| Company Name | Status |
|---|---|
| Altanova India Private Limited | Current |
| Isa Advance Instruments India Private Limited | Previous |
Recent Activity on Altanova India Private Limited
Altanova India Private Limited has 10 board changes on record since 2013: 3 appointments and 7 cessations. The latest: Imteyaz Siddiqui Anwar ceased to be Director on 20 Feb 2025.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Altanova India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Altanova India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Altanova India Private Limited
Altanova India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Altanova India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Altanova India Private Limited
Altanova India is an active foreign private limited company based in Delhi, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 13 September 2012 (14+ years old) and is registered under CIN U74140DL2012FTC242268.
Altanova India reported revenue of ₹24.74 Cr for FY 2024 (up 29% YoY).
Altanova India has 3 current directors:
- Ruhul Islam - Director
- David Matthew Schatz - Director
- Nicole Marie Maclennan - Director
Altanova India reported a net profit of ₹1.21 Cr (net margin 4.9%) and EBITDA of ₹2.77 Cr (EBITDA margin 11.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Altanova India is 11% over three years and 11% over five years. In the latest year (FY 2024) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
No. Altanova India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Altanova India is U74140DL2012FTC242268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altanova India was incorporated on 13 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Altanova India by revenue are Sipcon Technologies Private Limited, Omsons Glassware Private Limited, United Electrical Industries Ltd, Bhavyam Engineering Technologies Private Limited, N K Jain Instruments Pvt Ltd and 5 more, all in the Machinery and Equipment industry (Testing Equipment).
Imteyaz Siddiqui Anwar ceased to be Director on 20 Feb 2025. Ruhul Islam ceased to be Additional Director on 29 Sep 2024. Ruhul Islam was appointed as Director on 27 Mar 2024. Altanova India has 10 board changes on record in total.
Altanova India has 4 MSME Form 1 returns on record between 2022 and 2023, listing 8 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Altanova India can be reached through the website altanova-group.com. Its registered office is in Delhi, India.