About KONE
KONE is a publicly listed company based in Espoo (Finland) founded in 1910. Elevators, escalators, and maintenance services for buildings are provided. KONE has completed 13 acquisitions, including Ascensores Casado, Capital Elevator Services and City Elevator. Its chief executive, as recorded, is Philippe Delorme. Its website kone.com draws about 262 thousand monthly visits. Its Indian entity Kone Elevator India Private Limited reported revenue of ₹4,674 Cr. KONE offers products and services including Elevators, Escalators, Maintenance Services, and Modernization Solutions. Its focus areas include Facility Management Services, Hard Services, Elevator and Real Estate and Construction.
Company details
KONE was founded in 1910 in Espoo, Finland, as an engineering and service firm in the building mobility sector. Passenger and goods elevators are supplied for various building types to support people and material flows. Escalators and automatic doors are also delivered. Maintenance and modernization services are extended to commercial clients globally. In 2022, revenues of 11.46 billion and net profit of 0.86 billion were achieved.
- Headquarters Espoo, Finland
- Stage Public
- SectorsBusiness Services
- Website category Heavy Industry and Engineering · Construction and Maintenance
- Email••••••••
- Phone•••• ••••
- Website kone.com/en
- Social LinkedIn X Facebook YouTube
- Legal Name Kone Oyj Class B
- Indian entity revenue₹4,674 Cr
FY 2026 · +17% YoY
- Indian entity net profit₹466 Cr
FY 2026 · 10% margin
- Indian entity EBITDA₹760 Cr
FY 2026 · 16% margin
- Latest Funding Round$849.18K (USD), Grant
Oct 2019
- Investors
- Investments & AcquisitionsAscensores Casado
& 12 more
Associated legal entities of KONE
KONE operates through Kone Elevator India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kone Elevator India Private Limited CIN U29141TN1984FTC010913 | Active | 12 Jun 1984 | Kancheepuram, Tamil Nadu | ₹4,674 Cr | 7,166 | 4 | View details |
Products & Services of KONE
KONE offers a comprehensive portfolio of products and services, including Elevators, Escalators, Maintenance Services, and Modernization Solutions.
Vertical transportation systems for efficient building mobility.
Moving stairways enhancing public space accessibility.
Ongoing upkeep for reliable elevator and escalator operation.
Upgrades improving safety and efficiency of existing systems.
Apps and channels of KONE
its YouTube channel KONE Corporation has 1.68K subscribers and 30 videos.
Videos from KONE
The most watched videos on KONE's YouTube channel, KONE Corporation (1.68K subscribers). Click a video to play it here.
More on KONE Corporation.
Funding Insights of KONE
- Total Rounds 8
- Last Round Grant — $849,175
- Investors Count 1
All 8 funding rounds of KONE with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2019 | $849,175 | Grant | – | – | |
| Mar 2018 | $89,104 | Grant | – | – | |
| Jan 2018 | $1.61M | Grant | – | – | |
| Oct 2017 | $230,381 | Grant | – | – | |
| Jan 2017 | $1.68M | Grant | – | – | |
| Jan 2017 | $205,918 | Grant | – | – | |
| Jan 2017 | $472,666 | Grant | – | – | |
| Jun 2015 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in KONE
KONE has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for KONE
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Kone Elevator India Private Limited (KONE)
Kone Elevator India Private Limited is the primary company behind KONE. The board of Kone Elevator India Private Limited currently have 3 directors; the longest-serving is Chittatoorveeravalli Krishnakumar Seshadri, appointed in 2007. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chittatoorveeravalli Krishnakumar Seshadri DIN 06652406 | Company Secretary | 27 Feb 2007 | 19 yrs 8 mo | Kone Elevator India Private Limited |
| Amit Gossain DIN 07351940 | Managing Director | 15 Dec 2015 | 10 yrs 10 mo | Kone Elevator India Private Limited |
| Johannes Dan Otto Frande DIN 09163489 | Director | 26 May 2021 | 5 yrs 5 mo | Kone Elevator India Private Limited |
People of KONE
678 people are tracked at KONE (196 in leadership, 14 in board & advisors, 468 in team).
| Name | Role | Group |
|---|---|---|
Philippe Delorme | CEO | Leadership |
Henrik Ehrnrooth | CEO & President | Leadership |
Antti Paavola | Senior Vice President, Greater China Supply Chain (interim) | Leadership |
Jukka Laitinen | Head Of Product Innovation | Leadership |
Kasia Cyran | Senior Marketing Manager Business Partner | Leadership |
Danny McGregor | Director | Northern Region | ANZ | Leadership |
Badrinath Chellappa | Senior Vice President Finance | Leadership |
Heini Enlund | Vice President, Strategy, Transformation, Marketing, KONE Europe | Leadership |
Rituparna Bhandari | Head Of KONE Business Services APM | Leadership |
Lena Velluso | EHS Process And Development Director | Leadership |
Kati Oulasvirta | Director, Modernization Business At KONE Great Britain, Ireland, And The Netherlands | Leadership |
Shabana Khan | Head Of Credi Control (kmta) | Leadership |
Jori Stjerna | Director, Modernization Transformation And Growth | Leadership |
Pekka Perunka | Head Of Innovation Execution | Leadership |
Vivian Cheok | Performance & Rewards Director, APAC | Leadership |
Carlo Ricci | Sales Director | Leadership |
Amy Chen | SVP - Chief Innovation Officer | Leadership |
Mikko Leinonen | Head Of Commercial & Operations Solutions | Leadership |
Asokan Ganapathy | Safety And Quality Head | Leadership |
Alice Heinz | Head Of People & Communications, Front Line Americas | Leadership |
658 more people are available in the full profile.
Complete people profiles for KONE
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of KONE
KONE is a publicly listed company on the OMXHEX with ticker symbol KNEBV in Finland, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date01 Jun 2005
- Listed onOMXHEX: KNEBV
- Listed entityKONE Oyj Class B
- Exchange sectorProducer manufacturing
- ISINFI0009013403
- Share price54.00 EUR (+0.48% on the day) · 2026-10-14
- Market capitalisation27,846,505,074.00 EUR
- Price to earnings29.6
- EPS (diluted, trailing year)1.82 EUR
- Dividend yield3.35%
- Volume (last session)62,668
Financials of KONE
Figures of Kone Elevator India Private Limited, the primary company behind KONE, for FY 2026. Revenue was ₹4,674 Cr (+17% year on year). Net profit was ₹466 Cr (10% margin). EBITDA was ₹760 Cr (16% margin). Revenue has grown at a compounded annual rate of +19% over three years and +23% over five years.
- ₹4,674 CrRevenue · FY 2026 · +17% YoY
- ₹466 CrNet profit · 10% margin
- ₹760 CrEBITDA · 16% margin
- ₹34.90 CrPaid-up capital
- 7,166Employees (provident fund records)
- +19%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 11.25B EUR | 980.1M EUR | 1.65B EUR |
| 2024 | 11.10B EUR | 951.3M EUR | 1.56B EUR |
| 2023 | 10.95B EUR | 925.8M EUR | 1.47B EUR |
| 2022 | 10.91B EUR | 774.5M EUR | 1.29B EUR |
| 2021 | 10.51B EUR | 1.01B EUR | 1.50B EUR |
Balance sheet, profit and loss, cash flow and ratios of Kone Elevator India Private Limited are on its company page.
Detailed financial statements for KONE
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by KONE
KONE has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Ascensores Casado, Capital Elevator Services and City Elevator.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Structural and architectural construction services are provided for diverse projects. | orbitzelevators.com.au | 0 | May 2024 | •••• | ||
Provider of elevator installation, maintenance, and modernization services | paca-ascenseurs.fr | 1995 | Feb 2024 | •••• | ||
Provider of commercial elevator services | inmape.es | Madrid, Spain | 2001 | May 2023 | •••• | |
Elevator maintenance and repair services are provided by the company. | detroitelevator.com | Ferndale, United States | 1914 | Jun 2021 | •••• | |
Architectural barriers are overcome via elevator and stair lift installations. | ascensorescasado.es | Madrid, Spain | 1950 | Dec 2017 | •••• | |
Elevator installation and maintenance services are provided in Germany. | kasper-aufzuege.com | Nonnweiler, Germany | 2003 | Jul 2017 | •••• | |
Installation, repair, and modernization services for elevators are provided. | city-elevator.com | New York, United States | 2002 | Sep 2016 | •••• | |
Elevator maintenance and repair services are provided in Waldorf. | capitalelevatorservice.com | Waldorf, United States | 1998 | Jan 2016 | •••• | |
Elevators are manufactured and serviced by Long Elevator. | longelevator.info | Lombard, United States | 1929 | Jul 2011 | •••• | |
Commercial elevator repair services are provided throughout the United States. | southwestelevator.com | Fort Worth, United States | 2003 | Jun 2011 | •••• |
Complete acquisition details for KONE
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of KONE
14 dated milestones of KONE across 114 years, from founding to its latest funding, stage changes and deals.
- Founded KONE is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Southwest Elevator.
- Acquisition Acquires Long Elevator.
- Funding First funding round.
- Acquisition Acquires Capital Elevator Services.
- Acquisition Acquires City Elevator.
- Acquisition Acquires Kasper Aufzge.
- Acquisition Acquires Ascensores Casado.
- Funding Latest funding round, Grant, of $849K.
- Acquisition Acquires Detroit Elevator Company.
- Acquisition Acquires INMAPE.
- Acquisition Acquires PACA Ascenseurs.
- Acquisition Acquires KONE.
Web traffic of KONE
The website of KONE (kone.com) receives about 262.1K visits a month and ranks #168,089 among all websites worldwide, #1,495 in Construction and Maintenance.
- Monthly visits262.1K
▲ 27.9% vs previous month
- Unique visitors74.9K
per month
- Global rank#168,089
among all websites
- Category rank#1,495
Heavy Industry and Engineering · Construction and Maintenance
- Bounce rate36%
- Pages per visit4.5
- Average visit2 min 26 sec
- DevicesDesktop 44% · Mobile 56%
Websites whose visitors overlap most with KONE. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| otis.com | 100% | 357.3K | #109,285 | View details | |
thyssenkruppelevator.com | thyssenkruppelevator.com | 100% | – | ||
| schindler.com | 100% | 226.7K | #206,106 | View details | |
elevatorworld.com | elevatorworld.com | 91% | #573,228 | – | |
columbiaelevator.com | columbiaelevator.com | 83% | #12,224,725 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 24 similar websites and full traffic analytics for KONE
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 24 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Kone
Complete news archive for KONE
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about KONE
KONE was founded in 1910 and raised its 1st funding round 105 years after it was founded.
KONE is headquartered in Espoo, Finland.
Philippe Delorme is the CEO of KONE, as recorded in our data.
The primary company behind KONE, Kone Elevator India Private Limited, reported revenue of ₹4,674 Cr for FY 2026, up 17% year on year.
KONE was founded in 1910 in Espoo, Finland, as an engineering and service firm in the building mobility sector. Passenger and goods elevators are supplied for various building types to support people and material flows. Escalators and automatic doors are also delivered. Maintenance and modernization services are extended to commercial clients globally. In 2022, revenues of 11.46 billion and net profit of 0.86 billion were achieved.
KONE offers Elevators, Escalators, Maintenance Services, and Modernization Solutions.
Yes, KONE is publicly traded on OMXHEX under the ticker symbol KNEBV.
KONE has made 13 acquisitions, including Ascensores Casado, Capital Elevator Services, and City Elevator.
KONE has 1 investor. Key investors include European Union.
KONE operates through Kone Elevator India Private Limited.
The legal entities of KONE currently have 4 directors, including Johannes Dan Otto Frande, Chittatoorveeravalli Krishnakumar Seshadri, Amit Gossain and others.
The website of KONE receives about 262 thousand visits a month and ranks #168,089 among all websites worldwide.