About Bundy India Limited
Data last updated:
Bundy India Limited is a public limited company based in Vadodara, Gujarat, India, a subsidiary of Ti Automotive Holdings Ltd, Uk. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 01 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ1996PLC029520. Its GSTIN is 24AAACB3039M1ZT (Gujarat). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.85 Cr. It was formerly known as Bundy Tubing of India Limited. It is led by directors including Ved Girish Somani (Whole-Time Director) and Deepti Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 2 GIDC Industrial Estatemakarpura, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2025, the company reported a revenue of ₹666.81 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹64.03 Cr (net margin 9.6%) and EBITDA of ₹96.11 Cr (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 16% over five years.
The company is associated with 2 brands: KNK Construction and I Automotive. As per MCA filings, the company has satisfied charges of ₹32.8 Cr on record. Court records list 27 cases involving the company, including 7 filed by the company and 20 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tiautomotive.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 2 GIDC Industrial Estatemakarpura, Vadodara, Gujarat, India – 390010
- IndustryAutomotive, Auto Parts & Components
- 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
- One PDF report, delivered after checkout
Business Activity of Bundy India Limited
The main business activity of Bundy India is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bundy India Limited FY 2025 filings available
Bundy India Limited reported revenue of ₹666.81 Cr (up 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bundy India Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 47% growth in the latest year. EBITDA rose 79% 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 of Bundy India Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹96.11 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹64.03 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 of Bundy India Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bundy India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Bundy India Limited
Bundy India Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sree Sumangala Metals and Industries Private Limited | ₹682.33 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Chennai, Tamil Nadu, India |
| Taco Prestolite Electric Private Limited | ₹680.65 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Pune, Maharashtra, India |
| Naxnova Technologies Private Limited | ₹680.12 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| Automobile Corporation of Goa Limited Listed | ₹675.62 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Goa, India |
| Fairfield Atlas Limited | ₹674.55 Cr (FY 2022) | •••• | •••• | 66.0% | •••• | : Kolhapur, Maharashtra, India |
| Bundy India Limited this company | ₹666.81 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Vadodara, Gujarat, India |
| Rane Brake Lining Limited Listed | ₹662.97 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Chennai, Tamil Nadu, India |
| Autoline Industries Limited Listed | ₹662.64 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Pune, Maharashtra, India |
| Setco Auto Systems Private Limited | ₹662.56 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Kalol, Gujarat, India |
| Sedemac Mechatronics Limited | ₹662.54 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Pune, Maharashtra, India |
| Minda Rinder Private Limited | ₹661.82 Cr (FY 2019) | •••• | •••• | 21.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bundy India by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bundy India Limited
Bundy India Limited is audited by BSR & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BSR & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Bundy India Limited
Bundy India Limited currently reports 4 directors and 1 key managerial person. 18 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Sharma | Company Secretary | 17 Jun 2009 | 17 Years 3 Months | Current |
| Deepti Sharma Also directs: Finncare India Consulting LLP, Panasonic Energy India Company Limited, Axtel Industries Limited and 4 more | Director | 01 Oct 2024 | 2 Years 0 Months | Current |
| Satyanarain Laxminarain Samdani Also directs: Soniva Consultancy Private Limited | Director | 01 Oct 2024 | 2 Years 0 Months | Current |
| Man Chung Hilda Lam | Director | 01 Jun 2018 | 8 Years 4 Months | Current |
| Ved Girish Somani Also directs: Hanil Tube India Private Limted | Whole-Time Director | 30 Sep 2024 | 2 Years 0 Months | Current |
Ownership and Shareholding of Bundy India Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bundy India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2007 | State Bank of India | ₹5 Cr | Satisfied |
| 22 Jun 2007 | State Bank of India | ₹5 Cr | Satisfied |
| 22 Mar 2007 | State Bank of India | ₹9 Cr | Satisfied |
| 22 Mar 2007 | State Bank of India | ₹9 Cr | Satisfied |
| 18 Apr 1996 | State Bank of India | ₹4.8 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Bundy India Limited
Bundy India Limited has 27 court cases on record: 7 filed by Bundy India, 20 filed against it. 3 cases are pending and 24 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 13 | 2 |
| High courts | 12 | 7 | 1 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Unigoods India Carriers Private Limited | Disposed |
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed against the company by Government Labour Officer S.S.Pagar | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by PR. Commissioner of Income Tax - Vadodara -1 | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government Labour Officer S.S.Pagar | Disposed |
Full case history
All 27 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Bundy India Limited
Bundy India Limited has 31 MSME Form 1 returns on record between 2018 and 2024, listing 15,922 overdue payments to 251 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 251)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Apl Metals | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 31 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Bundy India Limited
Bundy India operates two associated brands: KNK Construction and I Automotive. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers innovative and sustainable construction solutions as a leading industry company. | knkindia.com | |
| High-performance automotive fluid systems are manufactured and supplied. | tiautomotive.com |
Employees and EPFO Compliance at Bundy India Limited
Bundy India Limited has a workforce of 0 employees as of Nov 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bundy India Limited
Bundy India Limited has 23 board changes on record since 2008: 5 appointments and 18 cessations. The latest: Yogesh Kumar ceased to be Additional Director on 26 Dec 2024.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bundy India Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bundy India Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bundy India Limited
Bundy India has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACB3039M1ZT | Gujarat | Active | 01 Jul 2017 |
| 24AAACB3039M2ZS | Gujarat | Active | 27 Jul 2017 |
| 06AAACB3039M1ZR | Haryana | Active | 01 Jul 2017 |
| 27AAACB3039M1ZN | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bundy India Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bundy India Limited
Bundy India is an active public limited company based in Vadodara, Gujarat, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 01 May 1996 (30+ years old) and is registered under CIN U29199GJ1996PLC029520.
Bundy India reported revenue of ₹666.81 Cr for FY 2025 (up 47% YoY).
Bundy India has 5 current directors and KMP:
- Ved Girish Somani - Whole-Time Director
- Deepti Sharma - Director
- Satyanarain Laxminarain Samdani - Director
- Man Chung Hilda Lam - Director
- Rakesh Sharma - Company Secretary
Bundy India reported a net profit of ₹64.03 Cr (net margin 9.6%) and EBITDA of ₹96.11 Cr (EBITDA margin 14.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bundy India is 29% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bundy India is 24AAACB3039M1ZT, registered in Gujarat. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACB3039M2ZS (Gujarat), 06AAACB3039M1ZR (Haryana), 27AAACB3039M1ZN (Maharashtra).
The CIN (Corporate Identification Number) of Bundy India is U29199GJ1996PLC029520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bundy India has 27 court cases on record: 7 filed by the company and 20 filed against it. 3 are pending. Most are in the district courts.
Bundy India was incorporated on 01 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bundy India by revenue are Sree Sumangala Metals and Industries Private Limited, Taco Prestolite Electric Private Limited, Naxnova Technologies Private Limited, Automobile Corporation of Goa Limited, Fairfield Atlas Limited and 5 more, all in the Automobiles industry (Auto Ancillary).
Yogesh Kumar ceased to be Additional Director on 26 Dec 2024. Deepti Sharma was appointed as Director on 01 Oct 2024. Megha Dave ceased to be Director on 01 Oct 2024. Bundy India has 23 board changes on record in total.
Bundy India has 31 MSME Form 1 returns on record between 2018 and 2024, listing 15,922 overdue payments to 251 micro and small suppliers. The latest return was filed on 23 Apr 2024.