Fortune MNC 500 India 2026 edition
Rank#51- Total income
- ₹17,109 Cr
- Profit
- ₹1,346 Cr
Last year #27
Ericsson India Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17,570 Cr
▼ 40% YoY
Net profit · FY 2025
₹1,345.6 Cr
Net margin 7.7%
EBITDA · FY 2025
₹2,159.6 Cr
EBITDA margin 12.3%
Authorised capital
₹172.5 Cr
Registered with MCA
Paid-up capital
₹29.14 Cr
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
2,042
Provident fund records
Directors on board
4
As per MCA filings
About Ericsson India Private Limited
Data last updated:
Ericsson India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Telefonaktiebolaget Lm Ericsson. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 June 2010 and has been in existence for over 16 years.
Ericsson India is ranked #51 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2010PTC204192. Its GSTIN is 07AACCE4175D1ZW (Delhi). The company holds 22 GST registrations, of which 21 are active.
The company has an authorised share capital of ₹172.5 Cr and a paid-up capital of ₹29.14 Cr. It is led by directors including Nitin Bansal (Managing Director) and Rajesh Gupta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4th Floor Dhaka House 18/17 Wea Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2025, the company reported a revenue of ₹17,570 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹1,345.6 Cr (net margin 7.7%) and EBITDA of ₹2,159.6 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company has about 2,042 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ericsson.com.
Company details
CIN U72200DL2010PTC204192
Registration Number 204192
Incorporation Date 16 June 2010
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Telefonaktiebolaget Lm Ericsson
Compliance Status Active Compliant
Key People
Nitin Bansal Managing Director Rajesh Gupta Whole-Time Director Bradley James Mead Director Recognitions & Rankings of Ericsson India
Contact details
Ericsson India Private Limited's registered office is in New Delhi, Delhi. Its website is ericsson.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor Dhaka House 18/17 Wea Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Ericsson India Private Limited, buy the company report.
Comprehensive company report
Ericsson India 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 activity of Ericsson India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Ericsson India Private Limited, buy the company report.
Financials of Ericsson India Private Limited
FY 2025 filings availableEricsson India Private Limited reported revenue of ₹17,570 Cr (down 40% YoY) for FY 2025.
Revenue · FY 2025
₹17,570 Cr ▼ 40%
Net profit · FY 2025
₹1,345.6 Cr margin 7.7%
EBITDA · FY 2025
₹2,159.6 Cr margin 12.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 40%
3 years · compounded
▲ 17%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 17%
5 years · compounded
▲ 9%
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 19% 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 |
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| EBITDA | ₹2,159.6 Cr | ||||
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| Net Profit (PAT) | ₹1,345.6 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 7.7% | ||||
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To see the full financial statements and ratios of Ericsson India Private Limited, buy the company report.
Board of directors of Ericsson India Private Limited
Ericsson India has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Gupta | Whole-Time Director | 22 May 2019 | 7 Years 5 Months | Current |
| Bradley James Mead | Director | 10 Mar 2025 | 1 Years 7 Months | Current |
| Andres Vicente Ranz | Director | 05 Jun 2024 | 2 Years 4 Months | Current |
| Nitin Bansal Also directs: Swedish Chamber of Commerce India | Managing Director | 21 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Ericsson India Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2022 | 117366W/W-100018 |
Shareholding
The shareholding of Ericsson India 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 Ericsson India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ericsson India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Ericsson India Private Limited has 19 MSME Form 1 returns on record between 2019 and 2024, listing 276 overdue payments to 43 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 43)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Saitronics Systems Private Limited | |||
| Inspire Telecom Services | |||
| Spectrum Networks Solutions Private Limited | |||
| Fiabilte Network Solutions Private Limited | |||
| Gorilla Solutions Private Limited |
To see the full MSME payment records of Ericsson India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ericsson India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Ericsson India Private Limited | U74899DL1992PTC047977 |
To see the full group structure of Ericsson India Private Limited, buy the company report.
Employees & EPFO
Ericsson India Private Limited has a workforce of 2,042 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
2,042
Active EPFO establishments
1
Employee growth
-25.66%
GST
Ericsson India has 22 GST registrations: 21 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
22
Active
21
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCE4175D1ZW | Delhi | Active | 01 Jul 2017 |
| 09AACCE4175D1ZS | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AACCE4175D1ZU | Maharashtra | Active | 01 Jul 2017 |
| 29AACCE4175D1ZQ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ericsson India Private Limited, buy the company report.
Recent activity
Ericsson India Private Limited has 18 board changes on record since 2010: 11 appointments and 7 cessations. The latest: Abhay Kumar Vaish ceased to be Whole-Time Director on 30 Jun 2025.
AGM
Ericsson India Private Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records.
Ceased
Abhay Kumar Vaish ceased to be Whole-Time Director.
Filing
Ericsson India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Karin Petra Maria Schirren ceased to be Director.
Ceased
Patrick Rolf Johansson ceased to be Director.
Appointed
Bradley James Mead was appointed as Director.
Appointed
Andres Vicente Ranz was appointed as Director.
Appointed
Karin Petra Maria Schirren was appointed as Director.
Appointed
Nitin Bansal was appointed as Managing Director.
Appointed
Patrick Rolf Johansson was appointed as Director.
Ceased
Amitabh Ray ceased to be Managing Director.
Ceased
Debasish Roy Chowdhury ceased to be CFO.
9 earlier events are in the company report.
News
Frequently asked questions
Ericsson India is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 June 2010 (16+ years old) and is registered under CIN U72200DL2010PTC204192.
Ericsson India has 4 current directors:
- Nitin Bansal - Managing Director
- Rajesh Gupta - Whole-Time Director
- Bradley James Mead - Director
- Andres Vicente Ranz - Director
The latest financial statements of Ericsson India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ericsson India is 07AACCE4175D1ZW, registered in Delhi. The company has 22 GST registrations in all, of which 21 are active and 1 is cancelled or inactive. Other active GSTINs include 09AACCE4175D1ZS (Uttar Pradesh), 27AACCE4175D1ZU (Maharashtra), 29AACCE4175D1ZQ (Karnataka).
The CIN (Corporate Identification Number) of Ericsson India is U72200DL2010PTC204192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ericsson India was incorporated on 16 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Abhay Kumar Vaish ceased to be Whole-Time Director on 30 Jun 2025. Karin Petra Maria Schirren ceased to be Director on 31 Mar 2025. Patrick Rolf Johansson ceased to be Director on 31 Mar 2025. Ericsson India has 18 board changes on record in total.
Ericsson India has 19 MSME Form 1 returns on record between 2019 and 2024, listing 276 overdue payments to 43 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Ericsson India can be reached through the website ericsson.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Ericsson India is at 4th Floor Dhaka House 1817 Wea Karol Bagh, New Delhi, Delhi, India – 110005.
Ericsson India operates in the information technology industry, in the IT consulting and support services segment.