Fortune MNC 500 India 2026 edition
Rank#472- Total income
- ₹270 Cr
- Profit
- ₹-1 Cr
Last year #459
Armacell India Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹318.17 Cr
▲ 9% YoY
Net loss · FY 2026
₹24.4 Cr
Net margin -7.7%
EBITDA · FY 2026
-₹14 Cr
EBITDA margin -4.4%
Authorised capital
₹7.4 Cr
Registered with MCA
Paid-up capital
₹75.47 Lakh
Issued & subscribed
Open charges
₹6.3 Cr
Satisfied ₹21 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
206
Provident fund records
About Armacell India Private Limited
Data last updated:
Armacell India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Armacell International Gmbh. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 12 April 2005 and has been in existence for over 21 years.
Armacell India is ranked #472 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24293PN2005FTC131939. Its GSTIN is 27AAFCA1528D1Z4 (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹7.4 Cr and a paid-up capital of ₹75.47 Lakh. It is led by directors including Duraisamy Jayant Rajan (Managing Director) and Wong Yee Mei Denise.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Gat No. 744 And 745 Village – Lonikhand Pune – Nagar Road, Maharashtra, India – 412216.
As per the financials filed for FY 2026, the company reported a revenue of ₹318.17 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹24.4 Cr (net margin -7.7%) and EBITDA of -₹14 Cr (EBITDA margin -4.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 15% over five years.
The company has about 206 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Armacell. As per MCA filings, the company has open charges of ₹6.3 Cr and satisfied charges of ₹21 Cr on record. Court records list 45 cases involving the company, including 29 filed by the company and 16 filed against it; 5 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹7.45 Cr; the latest was in March 2007. The company has 18 MSME Form 1 returns on record between 2019 and 2024, listing 1,387 overdue payments to 63 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website local.armacell.com.
Company details
CIN U24293PN2005FTC131939
Registration Number 131939
Incorporation Date 12 April 2005
ROC Pune
Listing Status Unlisted
Company Status Active
Parent Company Armacell International Gmbh
Compliance Status Active Compliant
CIN history
Armacell India has one previous CIN (Corporate Identification Number): U24293MH2005FTC152593. The current CIN is U24293PN2005FTC131939, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24293PN2005FTC131939 | Current |
| U24293MH2005FTC152593 | Previous |
Key People
Duraisamy Jayant Rajan Managing Director Wong Yee Mei Denise Director Liam John Douglas Director Recognitions & Rankings of Armacell India
Contact details
Armacell India Private Limited's registered office is in Pune, Maharashtra. Its website is local.armacell.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressGat No. 744 And 745 Village – Lonikhand Pune – Nagar Road, Maharashtra, India – 412216
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Armacell India Private Limited, buy the company report.
Comprehensive company report
Armacell 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
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Brands
Armacell India operates one associated brand: Armacell. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Flexible insulation foams are manufactured for equipment insulation markets. | armacell.com |
Business activity
The main business activity of Armacell India is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Armacell India Private Limited, buy the company report.
Financials of Armacell India Private Limited
FY 2026 filings availableArmacell India Private Limited reported revenue of ₹318.17 Cr (up 9% YoY) for FY 2026.
Revenue · FY 2026
₹318.17 Cr ▲ 9%
Net loss · FY 2026
₹24.4 Cr margin -7.7%
EBITDA · FY 2026
-₹14 Cr margin -4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 5%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 196%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 9% growth in the latest year. EBITDA fell 196% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹318.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.4 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.4% | ||||
| Net Profit Margin | -7.7% | ||||
| 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 Armacell India Private Limited, buy the company report.
Board of directors of Armacell India Private Limited
Armacell India has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Wong Yee Mei Denise | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Liam John Douglas | Director | 12 Apr 2021 | 5 Years 7 Months | Current |
| Duraisamy Jayant Rajan | Managing Director | 04 Sep 2015 | 11 Years 2 Months | Current |
Auditor
Armacell India Private Limited is audited by S R B C & CO LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2026 | 324982E/E300003 |
Shareholding
The shareholding of Armacell India Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Armacell India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.3 Cr
Satisfied charges
₹21 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2023 | 100682924 | The Hongkong and Shanghai Banking Corporation Limited | ₹2.3 Cr | Open | |
| 30 Jun 2020 | 100348130 | The Hongkong and Shanghai Banking Corporation Limited | ₹4 Cr | Open | |
| 09 Apr 2018 | 100204687 | Others | ₹16 Cr | Satisfied | |
| 25 Sep 2009 | 10181932 | Tata Capital Limited | ₹5 Cr | Satisfied |
To see the full charge records of Armacell India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Armacell India Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹7.45 Cr; the latest was in March 2007.
Total deals
2
Funding rounds
2
Disclosed funding
₹7.45 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2007 | Funding round | ₹1.07 Cr | Investors: Armcell International GMBH |
| Dec 2005 | Funding round | ₹6.38 Cr | Investors: Armcell International GMBH |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Armacell India Private Limited has 45 court cases on record: 29 filed by Armacell India, 16 filed against it. 5 cases are pending and 40 are disposed.
Total cases
45
Filed by the company
29
Filed against the company
16
Pending
5
Disposed
40
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 16 | 4 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Advance Ventilation Pvt Ltd and 3 others | Pending |
| District court, Pune, Maharashtra | Court case (C.Appln.) | Filed by the company against Eta Engineering Pvt.Ltd. | Disposed |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against E T A Engineering Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against International Coil Ltd | Disposed |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against GMP Technical Solutions Private Ltd. | Disposed |
To see the full case history of Armacell 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.
MSME payment delays
Armacell India Private Limited has 18 MSME Form 1 returns on record between 2019 and 2024, listing 1,387 overdue payments to 63 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 63)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Gujarat Paraffins Pvt Ltd | |||
| Jagruti Technical Services Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Armacell India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Armacell India has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA1528D1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 07AAFCA1528D1Z6 | Delhi | Active | 01 Jun 2018 |
| 29AAFCA1528D1Z0 | Karnataka | Active | 27 Aug 2021 |
| 24AAFCA1528D1ZA | Gujarat | Active | 15 Mar 2022 |
To see the full GST registrations and return filing status of Armacell India Private Limited, buy the company report.
Recent activity
Armacell India Private Limited has 21 board changes on record since 2005: 12 appointments and 9 cessations. The latest: Liam John Douglas was appointed as Director on 12 Apr 2021.
Filing
Armacell India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
AGM
Armacell India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 2.30 Cr with Charge ID 100682924 was registered on 15 Feb 2023.
Appointed
Liam John Douglas was appointed as Director.
Ceased
Malte Witt ceased to be Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 4.00 Cr with Charge ID 100348130 was registered on 30 Jun 2020.
Appointed
Wong Yee Mei Denise was appointed as Director.
Charges
A charge registered on 09 Apr 2018 via Charge ID 100204687 with Others was fully satisfied on 09 Sep 2019.
Ceased
Kenneth Wing Cheung Cheung ceased to be Director.
Appointed
Malte Witt was appointed as Director.
Ceased
Robert Andrew Stearns ceased to be Director.
Charges
A charge with Others amounted to Rs. 16.00 Cr with Charge ID 100204687 was registered on 09 Apr 2018.
19 earlier events are in the company report.
Frequently asked questions
Armacell India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 12 April 2005 (21+ years old) and is registered under CIN U24293PN2005FTC131939.
Armacell India has 3 current directors:
- Duraisamy Jayant Rajan - Managing Director
- Wong Yee Mei Denise - Director
- Liam John Douglas - Director
The latest financial statements of Armacell India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Armacell India is 27AAFCA1528D1Z4, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 07AAFCA1528D1Z6 (Delhi), 29AAFCA1528D1Z0 (Karnataka), 24AAFCA1528D1ZA (Gujarat).
The CIN (Corporate Identification Number) of Armacell India is U24293PN2005FTC131939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Armacell India has 45 court cases on record: 29 filed by the company and 16 filed against it. 5 are pending. Most are in the district courts.
Armacell India was incorporated on 12 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Armacell India has 2 deals on record (2 funding rounds), with disclosed funding of ₹7.45 Cr; the latest was in March 2007.
Liam John Douglas was appointed as Director on 12 Apr 2021. Malte Witt ceased to be Director on 12 Apr 2021. Wong Yee Mei Denise was appointed as Director on 30 Sep 2019. Armacell India has 21 board changes on record in total.
Armacell India has 18 MSME Form 1 returns on record between 2019 and 2024, listing 1,387 overdue payments to 63 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Armacell India can be reached through the website local.armacell.com. Its registered office is in Pune, Maharashtra, India.
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