About SIDWAL
SIDWAL is an Energy & Utilities company based in Delhi (India) founded in 1974, and was acquired by Amber Enterprises India in March 2019. Air conditioning and refrigeration systems for mobility are manufactured. It operates in the Energy & Utilities and Transportation, Automotive & Logistics sectors. The company has 1,091 employees. Its chief executive, as recorded, is Jasvinder Marwaha. Its Indian entity Sidwal Refrigeration Industries Private Limited reported revenue of βΉ453 Cr. Its focus areas include Travel and Hospitality, Rail Equipment, Transportation and Logistics and Energy.
- Headquarters Delhi, India
- Employees 1,091
- Stage Acquired
- SectorsEnergy & UtilitiesTransportation, Automotive & Logistics
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website sidwal.com
- Social X Facebook
- Acquired by Amber Enterprises India (Mar 2019)
- Legal Name Sidwal Refrigeration Industries Private Limited
- Date of Incorporation 16 Aug, 1965
- Jurisdiction Ballabgarh, Haryana, India
- Annual Revenue₹453 Cr
FY 2025
- Net Profit₹52.82 Cr
FY 2025 · 12% margin
- EBITDA₹83.07 Cr
FY 2025 · 18% margin
- Investors
- Employee Count1,091
- Acquired byAmber Enterprises India
(Mar 2019)
Associated legal entities of SIDWAL
SIDWAL operates through Sidwal Refrigeration Industries Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sidwal Refrigeration Industries Private Limited CIN U74899HR1965PTC112468 | Active | 16 Aug 1965 | Ballabgarh, Haryana | ₹453 Cr | 1,091 | 7 | View details |
Funding Insights of SIDWAL
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of SIDWAL 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 |
|---|---|---|---|---|---|
| Sep 2020 | Unspecified | β | Amber Enterprises India | β |
1 investors in total: 1 institutional.
Investors in SIDWAL
SIDWAL has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Amber Enterprises India.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Original equipment manufacturing for white goods and electronics is conducted. | 1990 | ambergroupindia.com | Gurugram, India |
Investor details for SIDWAL
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 Sidwal Refrigeration Industries Private Limited (SIDWAL)
Sidwal Refrigeration Industries Private Limited is the primary company behind SIDWAL. The board of Sidwal Refrigeration Industries Private Limited currently have 6 directors; the longest-serving is Daljit Singh, appointed in 2019. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Daljit Singh DIN 02023964 | Whole-time director | 07 May 2019 | 7 yrs 6 mo | Sidwal Refrigeration Industries Private Limited |
| Jasbir Singh DIN 00259632 | Director | 07 May 2019 | 7 yrs 6 mo | Sidwal Refrigeration Industries Private Limited |
| Udaiveer Singh DIN 08643282 | Managing Director | 30 Jan 2020 | 6 yrs 9 mo | Sidwal Refrigeration Industries Private Limited |
| Girish Kumar Ahuja DIN 00446339 | Director | 06 Aug 2020 | 6 yrs 3 mo | Sidwal Refrigeration Industries Private Limited |
| Simran Singh DIN 01716011 | Director | 09 Aug 2022 | 4 yrs 3 mo | Sidwal Refrigeration Industries Private Limited |
| Prakash Iyer DIN 00956349 | Director | 21 Oct 2024 | 2 yrs | Sidwal Refrigeration Industries Private Limited |
People of SIDWAL
1 people are tracked at SIDWAL (1 in leadership); the tracked headcount is 1,091.
| Name | Role | Group |
|---|---|---|
Jasvinder Marwaha | CEO | Leadership |
Complete people profiles for SIDWAL
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.
Financials of SIDWAL
Figures of Sidwal Refrigeration Industries Private Limited, the primary company behind SIDWAL, for FY 2025. Revenue was ₹453 Cr. Net profit was ₹52.82 Cr (12% margin). EBITDA was ₹83.07 Cr (18% margin). Revenue has grown at a compounded annual rate of +16% over three years and +14% over five years.
- ₹453 CrRevenue · FY 2025
- ₹52.82 CrNet profit · 12% margin
- ₹83.07 CrEBITDA · 18% margin
- ₹4.50 CrPaid-up capital
- 1,091Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sidwal Refrigeration Industries Private Limited are on its company page.
Detailed financial statements for SIDWAL
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.
Timeline of SIDWAL
3 dated milestones of SIDWAL across 46 years, from founding to its latest funding, stage changes and deals.
- Founded SIDWAL is founded.
- Exit Acquired by Amber Enterprises India.
- Funding First funding round.
Web traffic of SIDWAL
The website of SIDWAL (sidwal.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 1195.7% vs previous month
Websites whose visitors overlap most with SIDWAL. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| goatgyan.com | 100% | 1.1K | #13,040,282 | View details | |
yabuta-kikai.co.jp | yabuta-kikai.co.jp | 100% | #11,154,170 | β | |
staffordstables.com | staffordstables.com | 96% | β |
Top companies in Energy Efficiency & Conservation
2 companies that operate in the same segment as SIDWAL (Energy Efficiency & Conservation) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Energy conservation and automation solutions are provided for industrial processes. | 1926 | Pune, Maharashtra, India | USD 137.05 M | 1,840 | ||
Multi-category consumer electronics products are provided by Syska. | 2012 | Pune, Maharashtra, India | USD 62 M | USD 148.76 M | 3 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β 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 Sidwal
Complete news archive for SIDWAL
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 SIDWAL
SIDWAL was founded in 1974 and raised its 1st funding round 46 years after it was founded.
SIDWAL is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Jasvinder Marwaha is the CEO of SIDWAL, as recorded in our data.
SIDWAL has 1,091 employees.
The primary company behind SIDWAL, Sidwal Refrigeration Industries Private Limited, reported revenue of βΉ453 Cr for FY 2025.
Air conditioning and refrigeration systems for mobility are manufactured.
SIDWAL has 1 investor. Key investors include Amber Enterprises India.
SIDWAL operates through Sidwal Refrigeration Industries Private Limited.
Yes. SIDWAL was acquired by Amber Enterprises India in March 2019.
The legal entities of SIDWAL currently have 7 directors, including Daljit Singh, Jasbir Singh, Prakash Iyer and others.

