MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-17-0006565
Belimo Automation India Private Limited - machinery and equipment in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹203.25 Cr
▲ 29% YoY
Net loss · FY 2025
₹8.27 Cr
Net margin -4.1%
EBITDA · FY 2025
₹8.76 Cr
EBITDA margin 4.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹15.74 Lakh
Issued & subscribed
Company age
21 yrs
Est. 2005
Employees · EPFO
68
Provident fund records
Directors on board
3
As per MCA filings
About Belimo Automation India Private Limited
Data last updated:
Belimo Automation India Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Belimo Holding Ag. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 07 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29190MH2005PTC157868. Its GSTIN is 27AACCB7729E1ZP (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹15.74 Lakh. It was formerly known as Belimo Actuators (India) Private Limited. It is led by directors including Vaibhav Pitale (Managing Director) and Markus Peter Schurch.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Belimo Cesim House Plot No. R – 12 Rabale Ttc Industrial Area, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹203.25 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹8.27 Cr (net margin -4.1%) and EBITDA of ₹8.76 Cr (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 22% over five years.
The company has about 68 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Belimo. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 3 cases are pending. The company has 8 deals on record (3 convertible or debt financings, 2 rights issues, 2 funding rounds), with disclosed funding of ₹22.26 Cr; the latest was in April 2019. Its 3 peer companies in the Machinery and Equipment industry (Automation, Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Advik Precision Private Limited with revenue of ₹205.78 Cr. The company has 20 MSME Form 1 returns on record between 2018 and 2024, listing 44 overdue payments to 23 micro and small suppliers.
Belimo Automation India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0006565). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website belimo.com.
Company details
CIN U29190MH2005PTC157868
Registration Number 157868
Incorporation Date 07 December 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Belimo Holding Ag
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-17-0006565
Recognitions & Rankings of Belimo Automation India
Contact details
Belimo Automation India Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is belimo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBelimo Cesim House Plot No. R – 12 Rabale Ttc Industrial Area, Navi Mumbai, Maharashtra, India – 400701
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Belimo Automation India Private Limited, buy the company report.
Comprehensive company report
Belimo Automation 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
Belimo Automation India operates one associated brand: Belimo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Control systems for heating, ventilation, and air conditioning are provided. | belimo.com |
Business activity
The main business activity of Belimo Automation India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Belimo Automation India Private Limited, buy the company report.
Financials of Belimo Automation India Private Limited
FY 2024 filings availableBelimo Automation India Private Limited reported revenue of ₹203.25 Cr (up 29% YoY) for FY 2025.
Revenue · FY 2025
₹203.25 Cr ▲ 29%
Net loss · FY 2025
₹8.27 Cr margin -4.1%
EBITDA · FY 2025
₹8.76 Cr margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 34%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 33%
5 years · compounded
▲ 36%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 29% growth in the latest year. EBITDA fell 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹8.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.27 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | -4.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Belimo Automation India Private Limited, buy the company report.
Board of directors of Belimo Automation India Private Limited
Belimo Automation India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Markus Peter Schurch | Director | 01 Mar 2019 | 7 Years 7 Months | Current |
| Vaibhav Pitale | Managing Director | 03 Aug 2020 | 6 Years 2 Months | Current |
| Gary Economides | Director | 06 Aug 2013 | 13 Years 2 Months | Current |
Peer comparison
Belimo Automation India Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Automation, Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Advik Precision Private Limited | ₹205.78 Cr (FY 2025) | 83.0% | Pune, Maharashtra, India | |||
| Belimo Automation India Private Limitedthis company | ₹203.25 Cr (FY 2025) | -₹8.27 Cr | -4.1% | 29.0% | 68 | Navi Mumbai, Maharashtra, India |
| Mazda Limited | ₹200.74 Cr (FY 2025) | -13.0% | Ahmedabad, Gujarat, India | |||
| Wte Infra Projects Private Limited | ₹200.31 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India |
To see the full peer comparison of Belimo Automation India Private Limited, buy the company report.
Auditor
Belimo Automation India Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Belimo Automation 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 Belimo Automation India Private Limited, buy the company report.
Deals & funding
Belimo Automation India Private Limited has 8 deals on record (3 convertible or debt financings, 2 rights issues, 2 funding rounds), with disclosed funding of ₹22.26 Cr; the latest was in April 2019.
Total deals
8
Convertible or debt financings
3
Rights issues
2
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹22.26 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Rights issue | ₹20.01 Cr | Investors: Belimo Holding A G |
| Dec 2012 | Rights issue | ₹3.24 Cr | Investors: Belimo Holding A G |
| Dec 2011 | Funding round | ₹2.22 Cr | Investors: Belimo Holding A G |
| Nov 2007 | Secondary share transfer | Undisclosed | Buyer: Belimo Holding A G Seller: 2 individuals |
| Oct 2007 | Funding round | ₹46 Lakh | Investors: Belimo Holding A G, an individual |
To see the full deal history of Belimo Automation India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Belimo Automation India Private Limited has 3 court cases on record: 2 filed by Belimo Automation India, 1 filed against it. All cases are pending.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 3 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against individuals | Pending |
To see the full case history of Belimo Automation 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
Belimo Automation India Private Limited has 20 MSME Form 1 returns on record between 2018 and 2024, listing 44 overdue payments to 23 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 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Focal Media LLP | |||
| J Basu Logistics Private Limited | |||
| Jayant Sinari Architects | |||
| HTL Aircon Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Belimo Automation India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Belimo Automation India Private Limited has a workforce of 68 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
68
Active EPFO establishments
1
Employee growth
21.43%
GST
Belimo Automation 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 |
|---|---|---|---|
| 27AACCB7729E1ZP | Maharashtra | Active | 01 Jul 2017 |
| 27AACCB7729E2ZO | Maharashtra | Active | 26 Feb 2025 |
| 33AACCB7729E1ZW | Tamil Nadu | Active | 01 Dec 2021 |
| 29AACCB7729E1ZL | Karnataka | Active | 04 Dec 2021 |
To see the full GST registrations and return filing status of Belimo Automation India Private Limited, buy the company report.
Recent activity
Belimo Automation India Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Vaibhav Pitale ceased to be Additional Director on 15 Dec 2020.
AGM
Belimo Automation India Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Filing
Belimo Automation India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Vaibhav Pitale ceased to be Additional Director.
Appointed
Vaibhav Pitale was appointed as Managing Director.
Ceased
Markus Peter Schurch ceased to be Additional Director.
Appointed
Markus Peter Schurch was appointed as Director.
Ceased
Beat Conrad Trutmann ceased to be Director.
Ceased
Gary Economides ceased to be Additional Director.
Ceased
Wolf Jacques Sanche ceased to be Director.
Appointed
Gary Economides was appointed as Director.
Ceased
Matthias Friedrich Haas ceased to be Nominee Director.
Ceased
Sunit Vallabh Tanavade ceased to be Director.
1 earlier event is in the company report.
News
Frequently asked questions
Belimo Automation India is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 07 December 2005 (21+ years old) and is registered under CIN U29190MH2005PTC157868.
Belimo Automation India has 3 current directors:
- Vaibhav Pitale - Managing Director
- Markus Peter Schurch - Director
- Gary Economides - Director
The latest financial statements of Belimo Automation India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Belimo Automation India is 27AACCB7729E1ZP, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 27AACCB7729E2ZO (Maharashtra), 33AACCB7729E1ZW (Tamil Nadu), 29AACCB7729E1ZL (Karnataka).
The CIN (Corporate Identification Number) of Belimo Automation India is U29190MH2005PTC157868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Belimo Automation India has 3 court cases on record: 2 filed by the company and 1 filed against it. 3 are pending.
Belimo Automation India was incorporated on 07 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Belimo Automation India has 8 deals on record (3 convertible or debt financings, 2 rights issues, 2 funding rounds), with disclosed funding of ₹22.26 Cr; the latest was in April 2019.
The peers of Belimo Automation India by revenue are Advik Precision Private Limited, Mazda Limited, Wte Infra Projects Private Limited, all in the Machinery and Equipment industry (Automation, Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Vaibhav Pitale ceased to be Additional Director on 15 Dec 2020. Vaibhav Pitale was appointed as Managing Director on 03 Aug 2020. Markus Peter Schurch ceased to be Additional Director on 27 Sep 2019. Belimo Automation India has 10 board changes on record in total.
Yes, Belimo Automation India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-17-0006565).
Belimo Automation India has 20 MSME Form 1 returns on record between 2018 and 2024, listing 44 overdue payments to 23 micro and small suppliers. The latest return was filed on 25 Apr 2024.
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