Daimler India Commercial Vehicles Private Limited - Company Profile

It is a automotive private limited company based in Kundrathur Taluk, Tamil Nadu, India, established in 2007.

2007 Kundrathur Taluk, Tamil Nadu, India Active

Last Updated: December 23, 2025

About Daimler India Commercial Vehicles Private Limited

Daimler India Commercial Vehicles Private Limited, a active private limited company, was established on 10 December 2007 in Kundrathur Taluk, Tamil Nadu, India. Engaging in commercial vehicles & fleet within the manufacturing sector, it holds CIN: U34200TN2007PTC072876. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹11,000.00 Cr and a paid-up capital of ₹10,734.60 Cr.

Formerly known as Fortius Motor Limited, Daimler Hero Commercial Vehicles Limited. It upholds a compliant status. Employing 3,607 professional, Its leadership includes Christian Alexander Schoen (Cfo), Satyakam Arya (Managing Director), Muthu Maruthachalam Chidambaram (Additional Director). Past directors included Anshum Jain, Anupam Bhasin, Durga Thota. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Sipcot Industrial Growth Centre, Oragadam, Oragadam Post,, Kundrathur Taluk, Tamil Nadu, 602118.

Company Details

CIN/LLPIN
U34200TN2007PTC072876
Registration Number
072876
Incorporation Date
10 December 2007
Authorized Capital
₹11,000.00 Cr
Paid-Up Capital
₹10,734.60 Cr
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 11,000.00 Cr as on 23-12-2025
Paid Up Capital ₹ 10,734.60 Cr as on 23-12-2025
Company Age 18 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 29.82% (FY 2023)
Profit Growth **** 30480.00% (FY 2023)
Ebitda **** 66.03% (FY 2023)
Net Worth 10.70% (FY 2023)
Total Assets **** 11.68% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Daimler India Commercial Vehicles Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Daimler India Commercial Vehicles Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Christian Alexander Schoen	Cfo	26 Aug 2024	Current
Satyakam Arya	Managing Director	01 Nov 2018	Current
Muthu Maruthachalam Chidambaram	Additional Director	25 Feb 2025	Current
Jan Michael Stefan Graf	Additional Director	25 Feb 2025	Current
Achim Puchert	Additional Director	20 May 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	20 Aug 2023	Past
Pramod Abcsdd	Director	21 Apr 2008	Past
Pramod Abcsdd	Company Secretary	10 Jan 2025	Past
Pramod Abcsdd	Director	31 Dec 2021	Past
Pramod Abcsdd	Director	31 Dec 2018	Past
Pramod Abcsdd	Additional Director	17 Sep 2008	Past

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Financial Performance of Daimler India Commercial Vehicles.

Daimler India Commercial Vehicles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.82% increase. The company also saw a substantial improvement in profitability, with a 30480% increase in profit. The company's net worth Soared by an impressive increase of 10.7%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

29.82%

*******

Revenue from Operations

*******

29.79%

*******

Total Assets

*******

11.68%

*******

Profit or Loss

*******

30480.00%

*******

Net Worth

*******

10.70%

*******

EBITDA

*******

66.03%

*******

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What is the Ownership and Shareholding Structure of Daimler India Commercial Vehicles?

In 2023, Daimler India Commercial Vehicles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Daimler India Commercial Vehicles?

Daimler India Commercial Vehicles has a workforce of 3607 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Daimler India Commercial Vehicles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Daimler India Commercial Vehicles's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Daimler India Commercial Vehicles

Recent Activity within the Organization

Annual General Meeting

Progress on Daimler India Commercial Vehicles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Director Appointment

The activity Priya Vaishnav was appointed as a Company Secretary was appointed as a Company Secretary on 18 Jun 2025 & has been associated with this company since 8 months 10 days . was completed.
18 Jun 2025
Director Appointment

The activity Achim Puchert was appointed as a Additional Director was appointed as a Additional Director on 20 May 2025 & has been associated with this company since 9 months 9 days . was completed.
20 May 2025
Balance Sheet

Daimler India Commercial Vehicles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was recorded as a recent event.
31 Mar 2025
Director Appointment

Progress on Muthu Maruthachalam Chidambaram was appointed as a Additional Director was appointed as a Additional Director on 25 Feb 2025 & has been associated with this company since 1 year 1 day . was documented.
25 Feb 2025
Director Appointment

Jan Michael Stefan Graf was appointed as a Additional Director was appointed as a Additional Director on 25 Feb 2025 & has been associated with this company since 1 year 1 day . was recorded as a recent event.
25 Feb 2025

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