About Aq Inductive Components India Private Limited
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Aq Inductive Components India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Aq Group Ab. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 12 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29309PN2018FTC175319. Its GSTIN is 27AAQCA6300C1ZZ (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.98 Cr. It is led by directors Shreeniwas Bhide (Managing Director) and Niklas Rolf Ericsson.
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 Gat No 48/1A 48/3 48/4 48/5 Plot No. 50 51 Village – Varale Taluka – Khed, Pune, Maharashtra, India – 410501.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.71 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹2.17 Cr (net margin 3.2%) and EBITDA of ₹4.3 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 35% over five years.
The company has about 64 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website aqgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGat No 48/1A 48/3 48/4 48/5 Plot No. 50 51 Village – Varale Taluka – Khed, Pune, Maharashtra, India – 410501
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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 Aq Inductive Components India Private Limited
The main business activity of Aq Inductive Components India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Aq Inductive Components India Private Limited FY 2024 filings available
Aq Inductive Components India Private Limited reported revenue of ₹68.71 Cr (up 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Aq Inductive Components India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 26% growth in the latest year. EBITDA rose 372% 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 Aq Inductive Components 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 | ₹68.71 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.3 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.17 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 Aq Inductive Components India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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 Aq Inductive Components India are in the company report.
Financial statements from FY 2018
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 Aq Inductive Components India Private Limited
Aq Inductive Components India Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hobb International Pvt.Ltd. | ₹69.91 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Kolkata, West Bengal, India |
| Milestones Switchgears Private Limited | ₹69.78 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Teems India Tower Lines Private Limited | ₹69.66 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Oswal Transformers Private Limited | ₹69.37 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Rajasthan, India |
| Aplab Limited Listed | ₹68.76 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Navi Mumbai, Maharashtra, India |
| Aq Inductive Components India Private Limited this company | ₹68.71 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Pune, Maharashtra, India |
| Jatson Power Private Limited | ₹68.7 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Valsad, Gujarat, India |
| New India Electricals Limited | ₹68.49 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Bengaluru, Karnataka, India |
| Ultravera Industries Private Limited | ₹68.47 Cr (FY 2023) | •••• | •••• | 169.0% | •••• | Ahmedabad, Gujarat, India |
| International Transmission Limited | ₹68.42 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Adi Automotives Private Limited | ₹68.38 Cr (FY 2018) | •••• | •••• | -4.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Aq Inductive Components India by revenue in the Power industry (Power Equipment Manufacturers), 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 Aq Inductive Components India Private Limited
Aq Inductive Components India Private Limited is audited by KMY & COMPANY LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KMY & COMPANY LLP | 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 Aq Inductive Components India Private Limited
Aq Inductive Components India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreeniwas Bhide | Managing Director | 12 Mar 2018 | 8 Years 6 Months | Current |
| Niklas Rolf Ericsson | Director | 02 Jul 2018 | 8 Years 3 Months | Current |
Ownership and Shareholding of Aq Inductive Components 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 Aq Inductive Components India Private Limited
Aq Inductive Components India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Aq Inductive Components India Private Limited
Aq Inductive Components India Private Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 14 overdue payments to 9 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 (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Wani Technologies Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 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.
Employees and EPFO Compliance at Aq Inductive Components India Private Limited
Aq Inductive Components India Private Limited has a workforce of 64 employees as of Apr 03, 2025.
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.
News related to Aq Inductive Components India Private Limited
Recent Activity on Aq Inductive Components India Private Limited
Aq Inductive Components India Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Ajit Vijay Vibhandik ceased to be Director on 15 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Aq Inductive Components 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 Aq Inductive Components 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 Aq Inductive Components India Private Limited
Aq Inductive Components India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCA6300C1ZZ | Maharashtra | Active | 07 May 2018 |
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 Aq Inductive Components 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 Aq Inductive Components India Private Limited
Aq Inductive Components India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 12 March 2018 (8+ years old) and is registered under CIN U29309PN2018FTC175319.
Aq Inductive Components India reported revenue of ₹68.71 Cr for FY 2024 (up 26% YoY).
Aq Inductive Components India has 2 current directors:
- Shreeniwas Bhide - Managing Director
- Niklas Rolf Ericsson - Director
Aq Inductive Components India reported a net profit of ₹2.17 Cr (net margin 3.2%) and EBITDA of ₹4.3 Cr (EBITDA margin 6.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aq Inductive Components India is 26% over three years and 35% over five years. In the latest year (FY 2024) revenue rose 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aq Inductive Components India is 27AAQCA6300C1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aq Inductive Components India is U29309PN2018FTC175319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aq Inductive Components India was incorporated on 12 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Aq Inductive Components India by revenue are Hobb International Pvt.Ltd, Milestones Switchgears Private Limited, Teems India Tower Lines Private Limited, Oswal Transformers Private Limited, Aplab Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Ajit Vijay Vibhandik ceased to be Director on 15 Mar 2021. Claes Hakan Mellgren ceased to be Director on 15 Mar 2021. Shreeniwas Bhide ceased to be Director on 20 Aug 2018. Aq Inductive Components India has 5 board changes on record in total.
Aq Inductive Components India has 8 MSME Form 1 returns on record between 2019 and 2024, listing 14 overdue payments to 9 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Aq Inductive Components India can be reached through the website aqgroup.com. Its registered office is in Pune, Maharashtra, India.