About Flowserve India Controls Private Limited
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Flowserve India Controls Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Flowserve Internationa Inc Usa. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 13 November 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1996PTC021388. Its GSTIN is 29AAACF3286G1ZJ (Karnataka). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹18.75 Cr and a paid-up capital of ₹17.36 Cr. It was formerly known as Valtek International Private Limited. It is led by directors including Bhaskaran Janakiraman and Sriram Santhanam.
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 Plot No.4 1 – A Road No.8 Export Promotion Indl Park Whitefield, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,812.57 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹198.16 Cr (net margin 7%) and EBITDA of ₹348.18 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 11% over five years.
The company has about 638 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Flowserve. Court records list 37 cases involving the company, including 30 filed by the company and 7 filed against it; 10 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2022. Its 3 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Pennar Industries Limited with revenue of ₹3,263.27 Cr. The company has 17 MSME Form 1 returns on record between 2019 and 2024, listing 3,949 overdue payments to 159 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 flowserve.com.
Company details
CIN history
Flowserve India Controls has one previous CIN (Corporate Identification Number): U29299KA1996PTC021388. The current CIN is U85110KA1996PTC021388, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1996PTC021388 | Current |
| U29299KA1996PTC021388 | Previous |
Contact details
Flowserve India Controls Private Limited's registered office is in Bangalore, Karnataka. Its website is flowserve.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.4 1 – A Road No.8 Export Promotion Indl Park Whitefield, Bangalore, Karnataka, India – 560066
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Flowserve India Controls Private Limited, buy the company report.
- 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
Brands
Flowserve India Controls operates one associated brand: Flowserve. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pumps, valves, seals, and services are supplied to industrial sectors. | flowserve.com |
Business activity
The main business activity of Flowserve India Controls is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Flowserve India Controls Private Limited, buy the company report.
Financials of Flowserve India Controls Private Limited
FY 2025 filings availableFlowserve India Controls Private Limited reported revenue of ₹2,812.57 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 24% growth in the latest year. EBITDA fell 7% 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 | ₹348.18 Cr | ||||
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| Net Profit (PAT) | ₹198.16 Cr | ||||
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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 | 12.4% | ||||
| Net Profit Margin | 7% | ||||
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To see the full financial statements and ratios of Flowserve India Controls Private Limited, buy the company report.
Board of directors of Flowserve India Controls Private Limited
Flowserve India Controls has 3 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaskaran Janakiraman Also directs: Flowserve Microfinish Valves Private Limited | Director | 21 Oct 2024 | 2 Years 0 Months | Current |
| Sriram Santhanam | Director | 15 Jun 2016 | 10 Years 4 Months | Current |
| Vinay Kumar Bhatt | Director | 26 May 2025 | 1 Years 4 Months | Current |
Peer comparison
Flowserve India Controls Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pennar Industries Limited | ₹3,263.27 Cr (FY 2025) | 3.0% | Hyderabad, Telangana, India | |||
| Flowserve India Controls Private Limitedthis company | ₹2,812.57 Cr (FY 2025) | ₹198.16 Cr | 7% | 24.0% | 638 | Bangalore, Karnataka, India |
| Confidence Petroleum India Limited | ₹2,713.51 Cr (FY 2024) | 23.0% | Mumbai, Maharashtra, India | |||
| Balmer Lawrie and Company Limited | ₹2,565.66 Cr (FY 2025) | 7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Flowserve India Controls Private Limited, buy the company report.
Auditor
Flowserve India Controls Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2023 | 304026E /E-300009 |
Shareholding
The shareholding of Flowserve India Controls 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 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Flowserve India Controls Private Limited, buy the company report.
Deals & funding
Flowserve India Controls Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Flowserve International Inc., Flowserve International Inc & Sriram Santhanam Seller: Flowserve Fcd Corp & Dara P Mehta & Uday Kamat, Flowserve Fcd Corp |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Flowserve India Controls Private Limited has 37 court cases on record: 30 filed by Flowserve India Controls, 7 filed against it. 10 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 34 | 6 | 9 |
| District courts | 3 | 1 | 1 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Arbitration matter | Filed against the company by Cholamandalam Investment and Finance Co Ltd Mr.D.Pradeep Kumar | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against M/S Polytech Automation Private Limited, | Disposed |
| High Court, JHARKHAND | Writ petition | Filed by the company against Numaligarh Refinery Limited Through Its Managing Director, and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Polytech Automation Pvt Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Abir Infrastructure Private Limited. & Anr. | Disposed |
To see the full case history of Flowserve India Controls 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
Flowserve India Controls Private Limited has 17 MSME Form 1 returns on record between 2019 and 2024, listing 3,949 overdue payments to 159 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 159)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| M M Engineers Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Flowserve India Controls Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Flowserve India Controls has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Flowserve Microfinish Valves Private Limited | U29120KA1996PTC020335 | |
| Flowserve Microfinish Pumps Private Limited | U85110KA1996PTC021196 |
To see the full group structure of Flowserve India Controls Private Limited, buy the company report.
Employees & EPFO
Flowserve India Controls Private Limited has a workforce of 638 employees on its EPFO records as of Mar 22, 2024, across 2 active EPFO establishments.
GST
Flowserve India Controls has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF3286G1ZJ | Karnataka | Active | 01 Jul 2017 |
| 24AAACF3286G1ZT | Gujarat | Active | 01 Jul 2017 |
| 33AAACF3286G1ZU | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAACF3286G2ZT | Tamil Nadu | Active | 17 Mar 2020 |
To see the full GST registrations and return filing status of Flowserve India Controls Private Limited, buy the company report.
Recent activity
Flowserve India Controls Private Limited has 25 board changes on record since 2007: 3 appointments and 22 cessations. The latest: Bhaskaran Janakiraman ceased to be Additional Director on 29 Sep 2025.
16 earlier events are in the company report.
News
Frequently asked questions
Flowserve India Controls is an active private limited company based in Bangalore, Karnataka, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 13 November 1996 (30+ years old) and is registered under CIN U85110KA1996PTC021388.
Flowserve India Controls has 3 current directors:
- Bhaskaran Janakiraman - Director
- Sriram Santhanam - Director
- Vinay Kumar Bhatt - Director
The latest financial statements of Flowserve India Controls 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 Flowserve India Controls is 29AAACF3286G1ZJ, registered in Karnataka. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACF3286G1ZT (Gujarat), 33AAACF3286G1ZU (Tamil Nadu), 33AAACF3286G2ZT (Tamil Nadu).
The CIN (Corporate Identification Number) of Flowserve India Controls is U85110KA1996PTC021388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flowserve India Controls has 37 court cases on record: 30 filed by the company and 7 filed against it. 10 are pending. Most are in the high courts.
Flowserve India Controls was incorporated on 13 November 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
Flowserve India Controls has 1 deal on record (1 secondary share transfer); the latest was in March 2022.
The peers of Flowserve India Controls by revenue are Pennar Industries Limited, Confidence Petroleum India Limited, Balmer Lawrie and Company Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products).
Bhaskaran Janakiraman ceased to be Additional Director on 29 Sep 2025. Vinay Kumar Bhatt ceased to be Additional Director on 29 Sep 2025. Vinay Kumar Bhatt was appointed as Director on 26 May 2025. Flowserve India Controls has 25 board changes on record in total.
Flowserve India Controls has 17 MSME Form 1 returns on record between 2019 and 2024, listing 3,949 overdue payments to 159 micro and small suppliers. The latest return was filed on 24 Apr 2024.
Flowserve India Controls can be reached through the website flowserve.com. Its registered office is in Bangalore, Karnataka, India.