About Cascade India Material Handling Private Limited
Data last updated:
Cascade India Material Handling Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Cascade Bv. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 01 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29253MH2009FTC194549. Its GSTIN is 27AADCC7155N1Z8 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.07 Lakh. It is led by directors including Davide Roncari and Jason Andrew Hegdahl.
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 701 B Churchgate Chambers 5 New Marine Lines, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.93 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹9.37 Cr (net margin 13.6%) and EBITDA of ₹15.08 Cr (EBITDA margin 21.9%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 33% over five years.
The company is associated with 1 brand: CAS Corp.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cascorp.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address701 B Churchgate Chambers 5 New Marine Lines, Mumbai, Maharashtra, India – 400020
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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 Cascade India Material Handling Private Limited
The main business activity of Cascade India Material Handling is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Cascade India Material Handling Private Limited FY 2025 filings available
Cascade India Material Handling Private Limited reported revenue of ₹68.93 Cr (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Cascade India Material Handling Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 35% growth in the latest year. EBITDA rose 50% 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 Cascade India Material Handling Private 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 | ₹15.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.37 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 Cascade India Material Handling Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.6% | •••• | •••• | •••• | •••• |
| 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 Cascade India Material Handling 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 Cascade India Material Handling Private Limited
Cascade India Material Handling Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jasubhai Engineering Private Limited | •••• | •••• | •••• | •••• | 97 | Ahmedabad, Gujarat, India |
| Fujitec Express Private Limited | •••• | •••• | •••• | •••• | - | Daskroi, Gujarat, India |
| Heft Cranes International Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sicor India Private Limited | •••• | •••• | •••• | •••• | 73 | Sriperumbudur, Tamil Nadu, India |
| Til Limited Listed | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Cascade India Material Handling Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Macneill Engineering Ltd | •••• | •••• | •••• | •••• | 119 | 24 Pgs (S), West Bengal, India |
| ZPMC Engineering (India) Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Elite Steels Pvt. Ltd. | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Modtech Material Handling Projects Private Limited | •••• | •••• | •••• | •••• | 85 | New Delhi, Delhi, India |
| Verga Attachments Private Limited | •••• | •••• | •••• | •••• | 83 | Malur, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Cascade India Material Handling by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Cascade India Material Handling Private Limited
Cascade India Material Handling Private Limited is audited by K. S. Aiyer & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K. S. Aiyer & Co | 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 of Cascade India Material Handling Private Limited
Cascade India Material Handling has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnu Digamber Bhagwat | Nominee Director | 01 Sep 2014 | 12 Years 1 Months | Current |
| Davide Roncari | Director | 02 May 2018 | 8 Years 5 Months | Current |
| Jason Andrew Hegdahl | Director | 21 Mar 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Cascade India Material Handling Private 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 Cascade India Material Handling Private Limited
Cascade India Material Handling Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Cascade India Material Handling Private Limited
Cascade India Material Handling Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 4 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ratna Enterprises | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 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 Cascade India Material Handling Private Limited
Cascade India Material Handling operates one associated brand: CAS Corp. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Forklifts and attachments for truck lifting are manufactured. | cascorp.com |
Employees and EPFO Compliance at Cascade India Material Handling Private Limited
Employment history and EPFO contributions of people linked to Cascade India Material Handling.
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 Cascade India Material Handling Private Limited
Cascade India Material Handling Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Jason Andrew Hegdahl was appointed as Director on 21 Mar 2025.
Credit Ratings, Litigation & Regulatory Alerts for Cascade India Material Handling Private 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 Cascade India Material Handling Private 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 Cascade India Material Handling Private Limited
Cascade India Material Handling has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC7155N1Z8 | 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 Cascade India Material Handling Private 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 Cascade India Material Handling Private Limited
Cascade India Material Handling is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 01 August 2009 (17+ years old) and is registered under CIN U29253MH2009FTC194549.
Cascade India Material Handling reported revenue of ₹68.93 Cr for FY 2025 (up 35% YoY).
Cascade India Material Handling has 3 current directors:
- Vishnu Digamber Bhagwat - Nominee Director
- Davide Roncari - Director
- Jason Andrew Hegdahl - Director
Cascade India Material Handling reported a net profit of ₹9.37 Cr (net margin 13.6%) and EBITDA of ₹15.08 Cr (EBITDA margin 21.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cascade India Material Handling is 32% over three years and 33% over five years. In the latest year (FY 2025) revenue rose 35%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cascade India Material Handling is 27AADCC7155N1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Cascade India Material Handling is U29253MH2009FTC194549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cascade India Material Handling was incorporated on 01 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Cascade India Material Handling by revenue are Jasubhai Engineering Private Limited, Fujitec Express Private Limited, Heft Cranes International Private Limited, Sicor India Private Limited, Til Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Jason Andrew Hegdahl was appointed as Director on 21 Mar 2025. Joseph George Pointer ceased to be Director on 30 Oct 2020. Davide Roncari ceased to be Additional Director on 29 Sep 2018. Cascade India Material Handling has 6 board changes on record in total.
Cascade India Material Handling has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 4 overdue payments to 3 micro and small suppliers. The latest return was filed on 24 Apr 2024.
Cascade India Material Handling can be reached through the website cascorp.com. Its registered office is in Mumbai, Maharashtra, India.