About Garrett Motion Technologies (India) Private Limited
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Garrett Motion Technologies (India) Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Garrett Motion Sarl. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 03 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2004PTC019904. Its GSTIN is 27AABCH5035J1ZM (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹324 Cr and a paid-up capital of ₹283.29 Cr. It was formerly known as Honeywell Turbo Technologies (India) Private Limited. It is led by directors including Jegapriyan Govindarajan (Managing Director) and Sean Edward Reagan.
Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,353.43 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹158.79 Cr (net margin 11.7%) and EBITDA of ₹271.42 Cr (EBITDA margin 20.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 11% over five years.
The company has about 384 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Garrett Motion. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending. The company has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹582.92 Cr; the latest was in December 2022. Its 4 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 2 smaller; the largest is Tmeic Industrial Systems India Private Limited with revenue of ₹1,488.62 Cr. The company has 43 MSME Form 1 returns on record between 2018 and 2024, listing 21,004 overdue payments to 125 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 garrettmotion.com.
Company details
Name history
Garrett Motion Technologies (India) has undergone 2 name changes throughout its history. The company was previously known as Honeywell Turbo Technologies (India) Private Limited, and Garrett Motion Technologies (India) Private Limited. The current legal name is Garrett Motion Technologies (India) Private Limited.
| Company Name | Status |
|---|---|
| Garrett Motion Technologies (India) Private Limited | Current |
| Honeywell Turbo Technologies (India) Private Limited | Previous |
Contact details
Garrett Motion Technologies (India) Private Limited's registered office is in Pune, Maharashtra. Its website is garrettmotion.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 4A Raisoni Industrial Estate Near Hinjewadi Phase II Village Mann Taluka M, Ulshi, Pune, Maharashtra, India – 411057
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Garrett Motion Technologies (India) 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
Garrett Motion Technologies (India) operates one associated brand: Garrett Motion. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of turbocharging, electric boosting and connected vehicle systems | garrettmotion.com |
Business activity
The main business activity of Garrett Motion Technologies (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Garrett Motion Technologies (India) Private Limited, buy the company report.
Financials of Garrett Motion Technologies (India) Private Limited
FY 2025 filings availableGarrett Motion Technologies (India) Private Limited reported revenue of ₹1,353.43 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 8% 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 | ₹271.42 Cr | ||||
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| Net Profit (PAT) | ₹158.79 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 | 20.1% | ||||
| Net Profit Margin | 11.7% | ||||
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To see the full financial statements and ratios of Garrett Motion Technologies (India) Private Limited, buy the company report.
Board of directors of Garrett Motion Technologies (India) Private Limited
Garrett Motion Technologies (India) has 4 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jegapriyan Govindarajan Also directs: Garrett Motion Engineering Solutions Private Limited | Managing Director | 18 Aug 2021 | 5 Years 2 Months | Current |
| Sean Edward Reagan | Director | 20 Dec 2023 | 2 Years 10 Months | Current |
| Chaitanya Raghunandan Pendse Also directs: Garrett Motion Engineering Solutions Private Limited | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Sameer Bhalchandra Phadke | Director | 28 Mar 2017 | 9 Years 6 Months | Current |
Peer comparison
Garrett Motion Technologies (India) Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tmeic Industrial Systems India Private Limited | ₹1,488.62 Cr (FY 2025) | -12.0% | Hyderabad, Telangana, India | |||
| Ge Oil & Gas India Private Limited | ₹1,448.7 Cr (FY 2023) | 1.0% | Coimbatore, Tamil Nadu, India | |||
| Garrett Motion Technologies (India) Private Limitedthis company | ₹1,353.43 Cr (FY 2025) | ₹158.79 Cr | 11.7% | -2.0% | 384 | Pune, Maharashtra, India |
| J B Advani and Company Private Limited | ₹1,344.72 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Sulzer Pumps India Private Limited | ₹1,249.05 Cr (FY 2025) | 23.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Garrett Motion Technologies (India) Private Limited, buy the company report.
Auditor
Garrett Motion Technologies (India) Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Garrett Motion Technologies (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 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 Garrett Motion Technologies (India) Private Limited, buy the company report.
Deals & funding
Garrett Motion Technologies (India) Private Limited has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹582.92 Cr; the latest was in December 2022.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: Garrett Motion Sarl Seller: Garrett Motion Bermuda Limited |
| Jun 2018 | Secondary share transfer | Undisclosed | Seller: Garrett Motion Sarl |
| Aug 2013 | Funding round | ₹325.92 Cr | Investors: Garrett Motion Sarl, Garrett Motion Bermuda Limited |
| Mar 2010 | Funding round | ₹42.41 Cr | Investors: Garrett Motion Sarl |
| Jan 2010 | Funding round | ₹110 Cr | Investors: Garrett Motion Sarl |
To see the full deal history of Garrett Motion Technologies (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
Garrett Motion Technologies (India) Private Limited has 4 court cases on record: 2 filed by Garrett Motion Technologies (India), 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Principal Commissioner of Income Tax, Pune-1 and Ors and 4 others | Pending |
| Bombay High Court | Court case (NMA) | Filed against the company by The PR. Commissioner of Income Tax-1 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax-1 | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Garrett Motion Technologies (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
Garrett Motion Technologies (India) Private Limited has 43 MSME Form 1 returns on record between 2018 and 2024, listing 21,004 overdue payments to 125 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 125)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Indeutsch Systems Private Limited | |||
| Harshanjali Instruments (Pneumatics) Private Limited | |||
| an individual supplier | |||
| Gayatree Polymers (India) LLP | |||
| an individual supplier |
To see the full MSME payment records of Garrett Motion Technologies (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Garrett Motion Technologies (India) has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Garrett Motion Engineering Solutions Private Limited | U74210PN2010PTC199279 |
To see the full group structure of Garrett Motion Technologies (India) Private Limited, buy the company report.
Employees & EPFO
Garrett Motion Technologies (India) Private Limited has a workforce of 384 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Garrett Motion Technologies (India) has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH5035J1ZM | Maharashtra | Active | 01 Jul 2017 |
| 33AABCH5035J1ZT | Tamil Nadu | Active | 09 Jan 2020 |
| 27AABCH5035J2ZL | Maharashtra | Active | 10 Mar 2025 |
To see the full GST registrations and return filing status of Garrett Motion Technologies (India) Private Limited, buy the company report.
Recent activity
Garrett Motion Technologies (India) Private Limited has 30 board changes on record since 2008: 4 appointments and 26 cessations. The latest: Chaitanya Raghunandan Pendse ceased to be Additional Director on 26 Sep 2024.
21 earlier events are in the company report.
News
Frequently asked questions
Garrett Motion Technologies (India) is an active private limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 03 November 2004 (22+ years old) and is registered under CIN U29299PN2004PTC019904.
Garrett Motion Technologies (India) has 4 current directors:
- Jegapriyan Govindarajan - Managing Director
- Sean Edward Reagan - Director
- Chaitanya Raghunandan Pendse - Director
- Sameer Bhalchandra Phadke - Director
The latest financial statements of Garrett Motion Technologies (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Garrett Motion Technologies (India) is 27AABCH5035J1ZM, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AABCH5035J1ZT (Tamil Nadu), 27AABCH5035J2ZL (Maharashtra).
The CIN (Corporate Identification Number) of Garrett Motion Technologies (India) is U29299PN2004PTC019904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garrett Motion Technologies (India) has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending.
Garrett Motion Technologies (India) was incorporated on 03 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
Garrett Motion Technologies (India) has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹582.92 Cr; the latest was in December 2022.
The peers of Garrett Motion Technologies (India) by revenue are Tmeic Industrial Systems India Private Limited, Ge Oil & Gas India Private Limited, J B Advani and Company Private Limited, Sulzer Pumps India Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Chaitanya Raghunandan Pendse ceased to be Additional Director on 26 Sep 2024. Sean Edward Reagan ceased to be Additional Director on 26 Sep 2024. Chaitanya Raghunandan Pendse was appointed as Director on 15 Mar 2024. Garrett Motion Technologies (India) has 30 board changes on record in total.
Garrett Motion Technologies (India) has 43 MSME Form 1 returns on record between 2018 and 2024, listing 21,004 overdue payments to 125 micro and small suppliers. The latest return was filed on 01 May 2024.
Garrett Motion Technologies (India) can be reached through the website garrettmotion.com. Its registered office is in Pune, Maharashtra, India.