About Avl India Private Limited
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Avl India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Avl List Gmbh. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 28 April 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1984PTC018045. Its GSTIN is 06AAACA0382J2ZX (Haryana). The company holds 13 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.44 Cr. It is led by directors including Mukul Ghanekar and Urs Gerspach.
Its last annual general meeting (AGM) was held on 18 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office Unit 1 – 3 Csc C – 9 Vasant Kunj, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2025, the company reported a revenue of ₹582.92 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹38.86 Cr (net margin 6.7%) and EBITDA of ₹66.18 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 4% over five years.
The company has about 662 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Daksh IIoT and AVL. As per MCA filings, the company has open charges of ₹99.75 Cr and satisfied charges of ₹94.3 Cr on record. Court records list 34 cases involving the company, including 20 filed by the company and 14 filed against it; 4 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹14 Lakh; the latest was in February 2016. The company has 6 MSME Form 1 returns on record between 2019 and 2021, listing 390 overdue payments to 92 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 avl.com.
Company details
Contact details
Avl India Private Limited's registered office is in New Delhi, Delhi. Its website is avl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice Unit 1 – 3 Csc C – 9 Vasant Kunj, New Delhi, Delhi, India – 110070
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Avl 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
Brands
Avl India operates two associated brands: Daksh IIoT and AVL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial IoT solutions for manufacturing digitization and energy management. | dakshiiot.com | |
| Powertrain components are manufactured and supplied by AVL. | avl.com |
Business activity
The main business activities of Avl India are professional, scientific and technical and trade. In detail, this covers architecture, engineering activities, technical testing and analysis activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Avl India Private Limited, buy the company report.
Financials of Avl India Private Limited
FY 2025 filings availableAvl India Private Limited reported revenue of ₹582.92 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 10% growth in the latest year. EBITDA rose 1% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹66.18 Cr | ||||
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| Net Profit (PAT) | ₹38.86 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 6.7% | ||||
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To see the full financial statements and ratios of Avl India Private Limited, buy the company report.
Board of directors and KMP of Avl India Private Limited
Avl India Private Limited currently reports 4 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukul Ghanekar Also directs: Avl Big Data India Private Limited | Director | 18 Jun 2015 | 11 Years 4 Months | Current |
| Urs Gerspach | Director | 17 Nov 2020 | 5 Years 11 Months | Current |
| Helmut List Also directs: Avl Technical Centre Private Limited. | Director | 28 Apr 1984 | 42 Years 5 Months | Current |
| Shashi Singh Also directs: Sowar Consultants Pvt Ltd, HGS (India) Sales and Services Private Limited, Avl Big Data India Private Limited and 3 more | Director | 28 May 1984 | 42 Years 4 Months | Current |
| Gaurav Gurnani | Company Secretary | 01 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Avl India Private Limited is audited by A PURI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A PURI & ASSOCIATES | FY 2023 | 009203N |
Shareholding
The shareholding of Avl 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 Avl India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2025 | 101130720 | Others | ₹10 Cr | Open | |
| 18 Feb 2021 | 100416099 | Others | ₹30 Cr | Open | |
| 13 Apr 2006 | 10002641 | Hdfc Bank Limited | ₹59.75 Cr | Open | |
| 18 Oct 2016 | 100057358 | Standard Chartered Bank | ₹81.25 Lakh | Satisfied | |
| 14 Sep 2015 | 10620487 | Standard Chartered Bank | ₹40 Cr | Satisfied |
To see the full charge records of Avl India Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Avl India Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹14 Lakh; the latest was in February 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Funding round | ₹14 Lakh | Investors: Avl List Gmbh, Avl List Gmbh & Helmut List |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Avl List Gmbh, Avl List Gmbh & Helmut List Seller: Sowar Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Avl List Gmbh Seller: Sowar Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avl India Private Limited has 34 court cases on record: 20 filed by Avl India, 14 filed against it. 4 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 7 | 3 |
| High courts | 13 | 6 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed by the company against Agnice Fire Protection Pvt. Ltd. | Disposed |
| District court, Gurugram, Haryana | Execution petition | Filed by the company against Daiichi Kogyo India Pvt Ltd | Disposed |
| High Court for State of Telangana | Writ petition | Filed by the company against The Telangana State Technology Services Limited and 1 other | Disposed |
| High Court of Delhi | Appeal | Filed against the company by Rattan Singh Builders Private Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Avl 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
Avl India Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 390 overdue payments to 92 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 92)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Sherman Sales and Services Private Limited | |||
| Flaktgroup India Private Limited | |||
| an individual supplier | |||
| Gce India Private Limited |
To see the full MSME payment records of Avl India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Avl India has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Avl Big Data India Private Limited | U73200DL2018PTC336355 | |
| Avl Technical Centre Private Limited. | U74210DL1999PTC100132 |
To see the full group structure of Avl India Private Limited, buy the company report.
Employees & EPFO
Avl India Private Limited has a workforce of 662 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Avl India has 13 GST registrations: 8 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACA0382J2ZX | Haryana | Active | 01 Jul 2017 |
| 27AAACA0382J1ZU | Maharashtra | Active | 01 Jul 2017 |
| 29AAACA0382J2ZP | Karnataka | Active | 01 Jul 2017 |
| 33AAACA0382J1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avl India Private Limited, buy the company report.
Recent activity
Avl India Private Limited has 19 board changes on record since 1984: 12 appointments and 7 cessations. The latest: Uwe Dieter Grebe ceased to be Director on 29 Aug 2024.
32 earlier events are in the company report.
News
Frequently asked questions
Avl India is an active private limited company based in New Delhi, Delhi, India. The company works in software development and support services, within the information technology industry. It was incorporated on 28 April 1984 (42+ years old) and is registered under CIN U74899DL1984PTC018045.
Avl India has 5 current directors and KMP:
- Mukul Ghanekar - Director
- Urs Gerspach - Director
- Helmut List - Director
- Shashi Singh - Director
- Gaurav Gurnani - Company Secretary
The latest financial statements of Avl India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avl India is 06AAACA0382J2ZX, registered in Haryana. The company has 13 GST registrations in all, of which 8 are active and 5 are cancelled or inactive. Other active GSTINs include 27AAACA0382J1ZU (Maharashtra), 29AAACA0382J2ZP (Karnataka), 33AAACA0382J1Z1 (Tamil Nadu).
The CIN (Corporate Identification Number) of Avl India is U74899DL1984PTC018045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avl India has 34 court cases on record: 20 filed by the company and 14 filed against it. 4 are pending. Most are in the district courts.
Avl India was incorporated on 28 April 1984, making it 42+ years old. It is registered with the Registrar of Companies, Delhi.
Avl India has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹14 Lakh; the latest was in February 2016.
Uwe Dieter Grebe ceased to be Director on 29 Aug 2024. Urs Gerspach was appointed as Director on 17 Nov 2020. Gaurav Gurnani was appointed as Company Secretary on 01 Jul 2020. Avl India has 19 board changes on record in total.
Avl India has 6 MSME Form 1 returns on record between 2019 and 2021, listing 390 overdue payments to 92 micro and small suppliers. The latest return was filed on 29 Oct 2021.
Avl India can be reached through the website avl.com. Its registered office is in New Delhi, Delhi, India.