About Cicsa Chains India Private Limited
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Cicsa Chains India Private Limited is a foreign private limited company based in Thane, Maharashtra, India, a subsidiary of Cicsa S.R.L, Italy. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 07 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29309MH2018FTC309016. Its GSTIN is 27AAHCC5625P1Z5 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.08 Cr. It is led by directors including Stefano Campanari and Marco Campanari.
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 Shop No – 21 Kris Korner Commercial Plaza Opp Swastik Residency Anand Nagar, Thane, Maharashtra, India – 400607.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.8 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹28.31 Lakh (net margin -168.6%) and EBITDA of -₹28.31 Lakh (EBITDA margin -168.6%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 305% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cicsa.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShop No – 21 Kris Korner Commercial Plaza Opp Swastik Residency Anand Nagar, Thane, Maharashtra, India – 400607
- 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 Cicsa Chains India Private Limited
The main business activity of Cicsa Chains India is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Cicsa Chains India Private Limited FY 2025 filings available
Cicsa Chains India Private Limited reported revenue of ₹16.8 Lakh (down 75% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Cicsa Chains India Private Limited
Revenue fell 75% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 305%. EBITDA fell 274% 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 Cicsa Chains India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹28.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹28.31 Lakh | •••• | •••• | •••• | •••• |
| 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 Cicsa Chains India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -168.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -168.6% | •••• | •••• | •••• | •••• |
| 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 Cicsa Chains India are in the company report.
Financial statements from FY 2019
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 Cicsa Chains India Private Limited
Cicsa Chains India 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 |
|---|---|---|---|---|---|---|
| Orkanda India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Pans Industry Private Limited | •••• | •••• | •••• | •••• | - | Kanpur, Uttar Pradesh, India |
| Dap Engineering Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Compass Elevators Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Tirupathi Elevators Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Cicsa Chains India Private Limited this company | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Prominence Systems Private Limited | •••• | •••• | •••• | •••• | - | Bhosari, Maharashtra, India |
| Elespares and Equipment Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Sealink Marine Lifting Equipment Private Limited | •••• | •••• | •••• | •••• | - | Panvel, Maharashtra, India |
| Promat Engineering & Systems Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Weltech Elevators & Engineering Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Cicsa Chains India 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 Cicsa Chains India Private Limited
Cicsa Chains India Private Limited is audited by Udyen Jain & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Udyen Jain & Associates | 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 Cicsa Chains India Private Limited
Cicsa Chains India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Stefano Campanari | Director | 07 May 2018 | 8 Years 5 Months | Current |
| Marco Campanari | Director | 07 May 2018 | 8 Years 5 Months | Current |
| Mahesh Dalpatram Panchal | Director | 07 May 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of Cicsa Chains India 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 Cicsa Chains India Private Limited
Cicsa Chains India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Cicsa Chains India Private Limited
Cicsa Chains India Private Limited has 5 MSME Form 1 returns on record between 2020 and 2023, listing 19 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 |
|---|---|---|---|
| Uja Global Advisory Private Limited | •••• | •••• | •••• |
| Udyen Jain Associates | •••• | •••• | •••• |
| Udyen Jain & Associates | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 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.
Employees and EPFO Compliance at Cicsa Chains India Private Limited
Employment history and EPFO contributions of people linked to Cicsa Chains India.
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 Cicsa Chains India Private Limited
Cicsa Chains India Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Mahesh Dalpatram Panchal was appointed as Director on 07 May 2018.
Credit Ratings, Litigation & Regulatory Alerts for Cicsa Chains India 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 Cicsa Chains India 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 Cicsa Chains India Private Limited
Cicsa Chains India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCC5625P1Z5 | Maharashtra | Active | 03 Nov 2019 |
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 Cicsa Chains India 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 Cicsa Chains India Private Limited
Cicsa Chains India is an active foreign private limited company based in Thane, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 07 May 2018 (8+ years old) and is registered under CIN U29309MH2018FTC309016.
Cicsa Chains India reported revenue of ₹16.8 Lakh for FY 2024 (down 75% YoY).
Cicsa Chains India has 3 current directors:
- Stefano Campanari - Director
- Marco Campanari - Director
- Mahesh Dalpatram Panchal - Director
Cicsa Chains India reported a net loss of ₹28.31 Lakh (net margin -168.6%) and EBITDA of -₹28.31 Lakh (EBITDA margin -168.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cicsa Chains India is 62% over three years and 305% over five years. In the latest year (FY 2024) revenue fell 75%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cicsa Chains India is 27AAHCC5625P1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Cicsa Chains India is U29309MH2018FTC309016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cicsa Chains India was incorporated on 07 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Cicsa Chains India by revenue are Orkanda India Private Limited, Pans Industry Private Limited, Dap Engineering Private Limited, Compass Elevators Private Limited, Tirupathi Elevators Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Mahesh Dalpatram Panchal was appointed as Director on 07 May 2018. Marco Campanari was appointed as Director on 07 May 2018. Stefano Campanari was appointed as Director on 07 May 2018.
Cicsa Chains India has 5 MSME Form 1 returns on record between 2020 and 2023, listing 19 overdue payments to 3 micro and small suppliers. The latest return was filed on 26 Aug 2023.
Cicsa Chains India can be reached through the website cicsa.com. Its registered office is in Thane, Maharashtra, India.