About Astemo India Private Limited
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Astemo India Private Limited is a private limited company based in Gurugram, Haryana, India, a subsidiary of Hitachi Astemo Bangkok Trading Ltd. (Formerly Known As Keihin Asia Bangkok Co. Ltd.). It operates in the auto parts and components segment of the automotive sector. It was incorporated on 30 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U34300HR1997PTC051757. Its GSTIN is 06AAACK5968J1Z6 (Haryana). The company holds 25 GST registrations, all of them active.
The company has an authorised share capital of ₹2,410 Cr and a paid-up capital of ₹1,576.54 Cr. It was formerly known as Keihin India Manufacturing Private Limited and Keihin Panalfa Limited. It is led by directors including Hideki Suzuki (Managing Director) and Kazuyuki Meguro (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 663 Phase – 5 Udyog Vihar, Gurugram, Haryana, India – 122016.
As per the financials filed for FY 2023, the company reported a revenue of ₹1,813.56 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹17.77 Cr (net margin -1%) and EBITDA of ₹299.8 Cr (EBITDA margin 16.5%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 48% over five years.
The company has about 860 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.5 Cr and satisfied charges of ₹13.05 Cr on record. Court records list 23 cases involving the company, including 15 filed by the company and 8 filed against it; 13 cases are pending. The company has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in December 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitachiastemo.com.
Company details
Name history
Astemo India has undergone 5 name changes throughout its history. The current legal name is Astemo India Private Limited.
| Company Name | Status |
|---|---|
| Astemo India Private Limited | Current |
| Keihin India Manufacturing Private Limited | Previous |
| Keihin Panalfa Limited | Previous |
| Keihin Automotive Systems India Pvt Limited | Previous |
| Keihin Panalfa Private Limited | Previous |
CIN history
Astemo India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U34300HR1997PTC051757, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34300HR1997PTC051757 | Current |
| U34300DL1997PTC086974 | Previous |
| U34300DL1997PLC086974 | Previous |
Contact details
Astemo India Private Limited's registered office is in Gurugram, Haryana. Its website is hitachiastemo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 663 Phase – 5 Udyog Vihar, Gurugram, Haryana, India – 122016
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Astemo 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
Financials of Astemo India Private Limited
FY 2025 filings availableAstemo India Private Limited reported revenue of ₹1,813.56 Cr (up 33% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 33% growth in the latest year. EBITDA rose 26% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,813.56 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹299.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.77 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.5% | ||||
| Net Profit Margin | -1% | ||||
| 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 Astemo India Private Limited, buy the company report.
Board of directors and KMP of Astemo India Private Limited
Astemo India Private Limited currently reports 5 directors and 1 key managerial person. 33 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kazuyuki Meguro | Whole-Time Director | 01 Apr 2020 | 6 Years 7 Months | Current |
| Masatsugu Sato Also directs: Astemo Fie Private Limited | Nominee Director | 27 Jun 2022 | 4 Years 4 Months | Current |
| Hideki Suzuki Also directs: Astemo Fie Private Limited | Managing Director | 15 May 2024 | 2 Years 5 Months | Current |
| Yohei Otomo | Whole-Time Director | 13 May 2024 | 2 Years 5 Months | Current |
| Niraj Kumar Jha Also directs: Kso Corporate Consulting LLP | Company Secretary | 02 Mar 2015 | 11 Years 8 Months | Current |
| Hideo Hatagi Also directs: Astemo Fie Private Limited | Director | 26 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Astemo India Private Limited is audited by AKGVG & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKGVG & ASSOCIATES | FY 2023 | 018598N |
Shareholding
The shareholding of Astemo 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Astemo India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2021 | 100530082 | Citi Bank N.A. | ₹50 Lakh | Open | |
| 13 Jan 2021 | 100428777 | Hdfc Bank Limited | ₹6 Cr | Open | |
| 05 Jan 2006 | 80029251 | Mizuho Bank Limited | ₹2 Cr | Satisfied | |
| 14 Feb 2003 | 90054809 | The Pradeshiya Industrial & Investment Corp of U.P. Ltd | ₹8.05 Cr | Satisfied | |
| 01 Sep 1998 | 90053419 | The Bank of Tokyo-Mitsubishi Ufj Ltd | ₹3 Cr | Satisfied |
To see the full charge records of Astemo India Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Astemo India Private Limited has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in December 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Rights issue | ₹360 Cr | Investors: Hitachi Astemo Bangkok Trading Limited |
| Oct 2017 | Rights issue | ₹137.6 Cr | Investors: Hitachi Astemo Bangkok Trading Limited |
| Apr 2016 | Rights issue | ₹48.92 Cr | Investors: Hitachi Astemo Bangkok Trading Limited |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: Hitachi Astemo Bangkok Trading Limited Seller: Pankaj Raghbeer (Huf), 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Astemo India Private Limited has 23 court cases on record: 15 filed by Astemo India, 8 filed against it. 13 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 6 | 5 |
| District courts | 8 | 2 | 8 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed against the company by Astemo India Kamgar Sanghatna Jalgaon | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Apeal PGA) | Filed against the company by an individual | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Additional Commissioner (Ae) | Pending |
| Allahabad High Court | Court case (WTAX) | Filed by the company against an individual | Pending |
To see the full case history of Astemo 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
No delayed payments to MSME suppliers are on our record for Astemo India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Astemo India Private Limited has a workforce of 860 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Astemo India has 25 GST registrations: 25 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACK5968J1Z6 | Haryana | Active | 01 Jul 2017 |
| 06AAACK5968J2Z5 | Haryana | Active | 30 Jan 2025 |
| 06AAACK5968J3Z4 | Haryana | Active | 11 Feb 2025 |
| 06AAACK5968J4Z3 | Haryana | Active | 25 Mar 2025 |
To see the full GST registrations and return filing status of Astemo India Private Limited, buy the company report.
Recent activity
Astemo India Private Limited has 39 board changes on record since 2007: 6 appointments and 33 cessations. The latest: Hideo Hatagi was appointed as Director on 26 Sep 2025.
40 earlier events are in the company report.
Frequently asked questions
Astemo India is an active private limited company based in Gurugram, Haryana, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 30 April 1997 (29+ years old) and is registered under CIN U34300HR1997PTC051757.
Astemo India has 6 current directors and KMP:
- Hideki Suzuki - Managing Director
- Kazuyuki Meguro - Whole-Time Director
- Yohei Otomo - Whole-Time Director
- Masatsugu Sato - Nominee Director
- Hideo Hatagi - Director
- Niraj Kumar Jha - Company Secretary
The latest financial statements of Astemo India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Astemo India is 06AAACK5968J1Z6, registered in Haryana. The company has 25 GST registrations in all, of which 25 are active. Other active GSTINs include 06AAACK5968J2Z5 (Haryana), 06AAACK5968J3Z4 (Haryana), 06AAACK5968J4Z3 (Haryana).
The CIN (Corporate Identification Number) of Astemo India is U34300HR1997PTC051757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astemo India has 23 court cases on record: 15 filed by the company and 8 filed against it. 13 are pending. Most are in the high courts.
Astemo India was incorporated on 30 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
Astemo India has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in December 2020.
Hideo Hatagi was appointed as Director on 26 Sep 2025. Hideki Suzuki was appointed as Managing Director on 15 May 2024. Hideki Suzuki ceased to be Additional Director on 15 May 2024. Astemo India has 39 board changes on record in total.
Astemo India can be reached through the website hitachiastemo.com. Its registered office is in Gurugram, Haryana, India.
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