Fortune MNC 500 India 2026 edition
Rank#240- Total income
- ₹2,832 Cr
- Profit
- ₹-13 Cr
Last year #250
Danfoss Industries Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3,063.75 Cr
▲ 7% YoY
Net profit · FY 2025
₹118.33 Cr
Net margin 3.9%
EBITDA · FY 2025
₹256.21 Cr
EBITDA margin 8.4%
Authorised capital
₹1,328.26 Cr
Registered with MCA
Paid-up capital
₹103.05 Cr
Issued & subscribed
Company age
27 yrs
Est. 1999
Employees · EPFO
1,327
Provident fund records
Directors on board
6
As per MCA filings
About Danfoss Industries Private Limited
Data last updated:
Danfoss Industries Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Danfoss International A/S, Denmark. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 09 February 1999 and has been in existence for over 27 years.
Danfoss Industries is ranked #240 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29199TN1999PTC041877. Its GSTIN is 33AABCD0321M1Z4 (Tamil Nadu). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1,328.26 Cr and a paid-up capital of ₹103.05 Cr. It is led by directors including Ganapathy Subramanian Gopalakrishnan and Rajeev Rajan.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,063.75 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹118.33 Cr (net margin 3.9%) and EBITDA of ₹256.21 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 26% over five years.
The company has about 1,327 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 1 case is 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 danfoss.in.
Company details
CIN U29199TN1999PTC041877
Registration Number 041877
Incorporation Date 09 February 1999
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Danfoss International A/S, Denmark
Compliance Status Active Compliant
Key People
Ganapathy Subramanian Gopalakrishnan Director Rajeev Rajan Director Torben Jessen Christensen Director Recognitions & Rankings of Danfoss Industries
Contact details
Danfoss Industries Private Limited's registered office is in Chennai, Tamil Nadu. Its website is danfoss.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No 4 Bar 293 6th Floor Rar Sterling Technopolis Omr Office No 607, Rajiv Gandhi Salai Srinivasa Nagar Kandanchavadi Perungudi, Chennai, Tamil Nadu, India – 600096
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Danfoss Industries Private Limited, buy the company report.
Comprehensive company report
Danfoss Industries 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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Secure checkout · GST invoice included
Business activity
The main business activities of Danfoss Industries are manufacturing and professional, scientific and technical. In detail, this covers computer, electronic, communication and scientific measuring & control equipment and architecture, engineering activities, technical testing and analysis activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Danfoss Industries Private Limited, buy the company report.
Financials of Danfoss Industries Private Limited
FY 2025 filings availableDanfoss Industries Private Limited reported revenue of ₹3,063.75 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹3,063.75 Cr ▲ 7%
Net profit · FY 2025
₹118.33 Cr margin 3.9%
EBITDA · FY 2025
₹256.21 Cr margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 21%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 91%
3 years · compounded
▲ 14%
5 years · compounded
▲ 38%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 7% growth in the latest year. EBITDA rose 91% 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹256.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹118.33 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 8.4% | ||||
| Net Profit Margin | 3.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Danfoss Industries Private Limited, buy the company report.
Board of directors of Danfoss Industries Private Limited
Danfoss Industries has 6 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganapathy Subramanian Gopalakrishnan Also directs: Danfoss Power Solutions India Private Limited, Danfoss Powerneu Private Limited, Danfoss Fluid Power Private Limited and 2 more | Director | 14 Aug 2024 | 2 Years 2 Months | Current |
| Rajeev Rajan | Director | 03 Oct 2023 | 3 Years 0 Months | Current |
| Torben Jessen Christensen | Director | 12 Feb 2018 | 8 Years 8 Months | Current |
| Anders Stahlschmidt | Director | 12 Feb 2018 | 8 Years 8 Months | Current |
| Ravichandran Purushothaman Also directs: Danfoss Powerneu Private Limited, Danfoss Fluid Power Private Limited, Danfoss Fire Safety Private Limited and 3 more | Director | 13 Jun 2013 | 13 Years 4 Months | Current |
| Satishchandra H Kandpal | Director | 22 May 2025 | 1 Years 5 Months | Current |
Auditor
Danfoss Industries Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Danfoss Industries 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 Danfoss Industries Private Limited, buy the company report.
Legal cases
Danfoss Industries Private Limited has 9 court cases on record: 6 filed by Danfoss Industries, 3 filed against it. 1 case is pending and 8 are disposed.
Total cases
9
Filed by the company
6
Filed against the company
3
Pending
1
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| NCLT | 3 | 0 | 0 |
| District courts | 2 | 2 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed by the company against Wog Technologies Pvt. Ltd. | Disposed |
| District court, Vellore, Tamil Nadu | Motor accident claim | Filed against the company by individuals | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by an individual | Disposed |
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Chennai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Danfoss Industries 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
Danfoss Industries Private Limited has 10 MSME Form 1 returns on record between 2017 and 2024, listing 55 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Nisarga Dhama Estates Private Limited | |||
| Semikron Danfoss Electronics Private Limited | |||
| Berachah | |||
| an individual supplier |
To see the full MSME payment records of Danfoss Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Danfoss Industries has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Danfoss Systems Limited | U29120PN1965PLC015850 | |
| Danfoss Fluid Power Private Limited | U29309PN2020PTC191867 |
To see the full group structure of Danfoss Industries Private Limited, buy the company report.
Employees & EPFO
Danfoss Industries Private Limited has a workforce of 1,327 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
1,327
Active EPFO establishments
1
Employee growth
8.59%
GST
Danfoss Industries has 6 GST registrations: 4 active and 2 cancelled or inactive.
Total GSTINs
6
Active
4
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCD0321M1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
| 06AABCD0321M1Z1 | Haryana | Active | 01 Jul 2017 |
| 24AABCD0321M1Z3 | Gujarat | Active | 01 Jul 2017 |
| 27AABCD0321M1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Danfoss Industries Private Limited, buy the company report.
Recent activity
Danfoss Industries Private Limited has 29 board changes on record since 2007: 6 appointments and 23 cessations. The latest: Satishchandra H Kandpal ceased to be Additional Director on 29 Sep 2025.
AGM
Danfoss Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Satishchandra H Kandpal ceased to be Additional Director.
Appointed
Satishchandra H Kandpal was appointed as Director.
Filing
Danfoss Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Rajeev Rajan ceased to be Director.
Ceased
Ganapathy Subramanian Gopalakrishnan ceased to be Additional Director.
Appointed
Ganapathy Subramanian Gopalakrishnan was appointed as Director.
Appointed
Rajeev Rajan was appointed as Director.
Ceased
Rangasamy Venkatachalam ceased to be Director.
Ceased
Venkatraman Subramaniam Muralidar ceased to be Additional Director.
Ceased
Gitte Mailand Jensen ceased to be Director.
Ceased
Anders Stahlschmidt ceased to be Additional Director.
20 earlier events are in the company report.
News
Frequently asked questions
Danfoss Industries is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 09 February 1999 (27+ years old) and is registered under CIN U29199TN1999PTC041877.
Danfoss Industries has 6 current directors:
- Ganapathy Subramanian Gopalakrishnan - Director
- Rajeev Rajan - Director
- Torben Jessen Christensen - Director
- Anders Stahlschmidt - Director
- Ravichandran Purushothaman - Director
- Satishchandra H Kandpal - Director
The latest financial statements of Danfoss Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Danfoss Industries is 33AABCD0321M1Z4, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 06AABCD0321M1Z1 (Haryana), 24AABCD0321M1Z3 (Gujarat), 27AABCD0321M1ZX (Maharashtra).
The CIN (Corporate Identification Number) of Danfoss Industries is U29199TN1999PTC041877. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Danfoss Industries has 9 court cases on record: 6 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Danfoss Industries was incorporated on 09 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chennai.
Satishchandra H Kandpal ceased to be Additional Director on 29 Sep 2025. Satishchandra H Kandpal was appointed as Director on 22 May 2025. Rajeev Rajan ceased to be Director on 10 Feb 2025. Danfoss Industries has 29 board changes on record in total.
Danfoss Industries has 10 MSME Form 1 returns on record between 2017 and 2024, listing 55 overdue payments to 22 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Danfoss Industries can be reached through the website danfoss.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Danfoss Industries is at Unit No 4 Bar 293 6th Floor Rar Sterling Technopolis Omr Office No 607, Rajiv Gandhi Salai Srinivasa Nagar Kandanchavadi Perungudi, Chennai, Tamil Nadu, India – 600096.