Fortune India 500 2025 edition
Rank#392- Total income
- ₹6,027 Cr
- Profit
- ₹738 Cr
CNH Industrial (India) Private Limited - agriculture in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5,940.06 Cr
▲ 4% YoY
Net profit · FY 2024
₹737.5 Cr
Net margin 12.4%
EBITDA · FY 2024
₹1,243.69 Cr
EBITDA margin 20.9%
Authorised capital
₹2,000 Cr
Registered with MCA
Paid-up capital
₹124.17 Cr
Issued & subscribed
Company age
34 yrs
Est. 1992
Employees · EPFO
1,744
Provident fund records
Directors on board
4
As per MCA filings
About CNH Industrial (India) Private Limited
Data last updated:
CNH Industrial (India) Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Cnh Industrial Asian Holding Limited N.V.. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 23 November 1992 and has been in existence for over 34 years.
CNH Industrial (India) is ranked #392 on the Fortune India 500 (2025).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29220DL1992PTC344615. Its GSTIN is 03AAACI3922Q1ZI (Punjab). The company holds 20 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹124.17 Cr. It was formerly known as New Holland Fiat (India) Private Limited and Pal Cooper Pvt Ltd. It is led by directors including Narinder Mittal (Managing Director) and Ravi Kundra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Level – 4 Rectangle – 1 D4 District Center Commercial Complex Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2024, the company reported a revenue of ₹5,940.06 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹737.5 Cr (net margin 12.4%) and EBITDA of ₹1,243.69 Cr (EBITDA margin 20.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 12% over five years.
The company has about 1,744 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
Court records list 307 cases involving the company, including 166 filed by the company and 142 filed against it; 56 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,248.55 Cr; the latest was in March 2016. Its 5 peer companies in the Agriculture industry (Farm Equipment), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 1 larger and 4 smaller; the largest is Tractors and Farm Equipment Limited. with revenue of ₹8,864.31 Cr. The company has 17 MSME Form 1 returns on record between 2017 and 2024, listing 2,986 overdue payments to 167 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agriculture.newholland.com.
Company details
CIN U29220DL1992PTC344615
Registration Number 344615
Incorporation Date 23 November 1992
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 June 2025
Date of Balance Sheet 31 December 2024
Parent Company Cnh Industrial Asian Holding Limited N.V.
Compliance Status Active Compliant
Name history
CNH Industrial (India) has undergone 5 name changes throughout its history. The current legal name is Cnh Industrial (India) Private Limited.
| Company Name | Status |
|---|---|
| CNH Industrial (India) Private Limited | Current |
| New Holland Fiat (India) Private Limited | Previous |
| Pal Cooper Pvt Ltd | Previous |
| Pal Cooper Ltd | Previous |
| Fiat India Private Limited | Previous |
| New Holland (India) Private Limited | Previous |
CIN history
CNH Industrial (India) has one previous CIN (Corporate Identification Number): U29220MH1992PTC069675. The current CIN is U29220DL1992PTC344615, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29220DL1992PTC344615 | Current |
| U29220MH1992PTC069675 | Previous |
Key People
Narinder Mittal Managing Director Ravi Kundra Whole-Time Director Abhinav Kumar Singh Whole-Time Director Recognitions & Rankings of CNH Industrial (India)
Contact details
CNH Industrial (India) Private Limited's registered office is in New Delhi, Delhi. Its website is agriculture.newholland.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel – 4 Rectangle – 1 D4 District Center Commercial Complex Saket, New Delhi, Delhi, India – 110017
- IndustryAgriculture, Agri Machinery & Equipment
To see the full contact details of CNH Industrial (India) Private Limited, buy the company report.
Comprehensive company report
CNH Industrial (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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Financials of CNH Industrial (India) Private Limited
FY 2024 filings availableCNH Industrial (India) Private Limited reported revenue of ₹5,940.06 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹5,940.06 Cr ▲ 4%
Net profit · FY 2024
₹737.5 Cr margin 12.4%
EBITDA · FY 2024
₹1,243.69 Cr margin 20.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 6%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 21%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 4% growth in the latest year. EBITDA rose 20% 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 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 | ₹1,243.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹737.5 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.9% | ||||
| Net Profit Margin | 12.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of CNH Industrial (India) Private Limited, buy the company report.
Board of directors of CNH Industrial (India) Private Limited
CNH Industrial (India) has 4 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narinder Mittal | Managing Director | 01 Jan 2023 | 3 Years 9 Months | Current |
| Ravi Kundra | Whole-Time Director | 01 Oct 2024 | 2 Years 0 Months | Current |
| Abhinav Kumar Singh | Whole-Time Director | 31 Mar 2022 | 4 Years 7 Months | Current |
| Sanjay Kumar Shridhar | Whole-Time Director | 30 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
CNH Industrial (India) Private Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Farm Equipment), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tractors and Farm Equipment Limited. | ₹8,864.31 Cr (FY 2025) | 1.0% | Tamil Nadu, India | |||
| CNH Industrial (India) Private Limitedthis company | ₹5,940.06 Cr (FY 2024) | ₹737.5 Cr | 12.4% | 4.0% | 1,744 | New Delhi, Delhi, India |
| Jain Irrigation Systems Limited | ₹5,793.24 Cr (FY 2025) | -6.0% | Jalgaon, Maharashtra, India | |||
| Tirth Agro Technology Private Limited | ₹1,903.59 Cr (FY 2025) | 12.0% | Gondal, Gujarat, India | |||
| Kothari Agritech Private Limited | ₹1,133.72 Cr (FY 2025) | 21.0% | Solapur, Maharashtra, India | |||
| VST Tillers Tractors Limited | ₹1,032.86 Cr (FY 2025) | 0.0% | Bangalore, Karnataka, India |
To see the full peer comparison of CNH Industrial (India) Private Limited, buy the company report.
Auditor
CNH Industrial (India) Private Limited is audited by S. S. Kothari Mehta & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. S. Kothari Mehta & Company | FY 2022 | 000756N |
Shareholding
The shareholding of CNH Industrial (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of CNH Industrial (India) Private Limited, buy the company report.
Deals & funding
CNH Industrial (India) Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,248.55 Cr; the latest was in March 2016.
Total deals
7
Secondary share transfers
4
Funding rounds
3
Disclosed funding
₹1,248.55 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: CNH Industrial Belgium NV, CNH Industrial Asian Holding Limited NV Seller: Fiat India Automobiles Private Limited , an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: CNH Industrial Asian Holding Limited NV, an individual Seller: CNH Asian Holding Limited NV, FIAT Group Automobiles S.P.A, FIAT Group Automobiles S.P.A & Alberto Sibille |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: FIAT Group Automobiles S.P.A Seller: Premier Automobiles Limited , an individual |
| Mar 2008 | Funding round | ₹38 Cr | Investors: FIAT Group Automobiles S.P.A, Fiat India Automobiles Private Limited , FIAT Group Automobiles S.P.A & Alberto Sibille |
To see the full deal history of CNH Industrial (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
CNH Industrial (India) Private Limited has 307 court cases on record: 166 filed by CNH Industrial (India), 142 filed against it. 56 cases are pending and 251 are disposed.
Total cases
307
Filed by the company
166
Filed against the company
142
Pending
56
Disposed
251
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 147 | 65 | 40 |
| High courts | 131 | 67 | 15 |
| Supreme Court | 21 | 10 | 1 |
| NCLAT | 8 | 0 | 0 |
Cases on record (5 of 307)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Andhra Pradesh State Agro Industries Development Corporation Limited. and 2 others | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by M/S Bharat Motors | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against NS Forage Solutions Pvt. Ltd and 3 others | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Srei Equipment Finance Limited & Anr. and 1 other | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed by the company against Srei Equipment Finance Limited Through Its Adminisrator Mr. Rajeesh Sharma | Disposed |
To see the full case history of CNH Industrial (India) 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
CNH Industrial (India) Private Limited has 17 MSME Form 1 returns on record between 2017 and 2024, listing 2,986 overdue payments to 167 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 167)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Sig-Net Rubber (India) Private Limited | |||
| Saket Metal Technocraft Private Limited | |||
| S M Technosales Private Limited | |||
| Fluidyne Control Systems Private Limited |
To see the full MSME payment records of CNH Industrial (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
CNH Industrial (India) has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
2
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| CNH Industrial Capital (India) Private Limited | U65999DL2017PTC325228 | |
| CNH Industrial Technology Services (India) Private Limited | U74999DL2020PTC370707 |
To see the full group structure of CNH Industrial (India) Private Limited, buy the company report.
Employees & EPFO
CNH Industrial (India) Private Limited has a workforce of 1,744 employees on its EPFO records as of Jan 01, 2025, across 3 active EPFO establishments.
Employee count
1,744
Active EPFO establishments
3
Employee growth
1.87%
GST
CNH Industrial (India) has 20 GST registrations: 17 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
20
Active
17
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACI3922Q1ZI | Punjab | Active | 01 Jul 2017 |
| 06AAACI3922Q1ZC | Haryana | Active | 01 Jul 2017 |
| 08AAACI3922Q1Z8 | Rajasthan | Active | 01 Jul 2017 |
| 09AAACI3922Q1Z6 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of CNH Industrial (India) Private Limited, buy the company report.
Recent activity
CNH Industrial (India) Private Limited has 28 board changes on record since 2006: 5 appointments and 23 cessations. The latest: Sanjay Kumar Shridhar was appointed as Whole-Time Director on 30 Jun 2025.
AGM
Cnh Industrial (India) Private Limited last Annual general meeting of members was held on 30 Jun 2025 as per latest MCA records.
Appointed
Sanjay Kumar Shridhar was appointed as Whole-Time Director.
Ceased
Sanjay Kumar Shridhar ceased to be Additional Director.
Ceased
Ravi Kundra ceased to be Additional Director.
Filing
Cnh Industrial (India) Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Delhi I.
Appointed
Ravi Kundra was appointed as Whole-Time Director.
Ceased
Ajay Arun Ambewadikar ceased to be Additional Director.
Appointed
Ajay Arun Ambewadikar was appointed as Whole-Time Director.
Appointed
Narinder Mittal was appointed as Managing Director.
Ceased
Abhinav Kumar Singh ceased to be Additional Director.
Ceased
Chun Yue Woytera ceased to be Additional Director.
Appointed
Abhinav Kumar Singh was appointed as Whole-Time Director.
19 earlier events are in the company report.
Frequently asked questions
CNH Industrial (India) is an active private limited company based in New Delhi, Delhi, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 23 November 1992 (34+ years old) and is registered under CIN U29220DL1992PTC344615.
CNH Industrial (India) has 4 current directors:
- Narinder Mittal - Managing Director
- Ravi Kundra - Whole-Time Director
- Abhinav Kumar Singh - Whole-Time Director
- Sanjay Kumar Shridhar - Whole-Time Director
The latest financial statements of CNH Industrial (India) on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 30 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of CNH Industrial (India) is 03AAACI3922Q1ZI, registered in Punjab. The company has 20 GST registrations in all, of which 17 are active and 3 are cancelled or inactive. Other active GSTINs include 06AAACI3922Q1ZC (Haryana), 08AAACI3922Q1Z8 (Rajasthan), 09AAACI3922Q1Z6 (Uttar Pradesh).
The CIN (Corporate Identification Number) of CNH Industrial (India) is U29220DL1992PTC344615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
CNH Industrial (India) has 307 court cases on record: 166 filed by the company and 142 filed against it. 56 are pending. Most are in the district courts.
CNH Industrial (India) was incorporated on 23 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
CNH Industrial (India) has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,248.55 Cr; the latest was in March 2016.
The peers of CNH Industrial (India) by revenue are Tractors and Farm Equipment Limited, Jain Irrigation Systems Limited, Tirth Agro Technology Private Limited, Kothari Agritech Private Limited, VST Tillers Tractors Limited, all in the Agriculture industry (Farm Equipment), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Sanjay Kumar Shridhar was appointed as Whole-Time Director on 30 Jun 2025. Sanjay Kumar Shridhar ceased to be Additional Director on 30 Jun 2025. Ravi Kundra ceased to be Additional Director on 29 Jun 2025. CNH Industrial (India) has 28 board changes on record in total.
CNH Industrial (India) has 17 MSME Form 1 returns on record between 2017 and 2024, listing 2,986 overdue payments to 167 micro and small suppliers. The latest return was filed on 01 May 2024.
CNH Industrial (India) can be reached through the website agriculture.newholland.com. Its registered office is in New Delhi, Delhi, India.
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