- Total income
- ₹3,160 Cr
- Profit
- ₹53 Cr

About GMM Pfaudler Limited
Data last updated:
GMM Pfaudler Limited is a public limited company based in Karamsad, Gujarat, India. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 17 November 1962 and has been in existence for over 64 years.
GMM Pfaudler is ranked #223 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L29199GJ1962PLC001171. Its GSTIN is 24AABCG0563A1ZD (Gujarat). The company holds 5 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 505255 and NSE: GMMPFAUDLR.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.99 Cr. It was formerly known as Gujarat Machinery Manufacturers Limited. It is led by directors including Tarak Ashok Patel (Managing Director) and Ashok Jethabhai Patel.
Its last annual general meeting (AGM) was held on 01 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Vithal Udyognagar, Karamsad, Gujarat, India – 388325.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,523.94 Cr, a growth of 10.2% compared to the previous year. For the same year it recorded a net profit of ₹74.52 Cr (net margin 2.1%) and EBITDA of ₹337.31 Cr (EBITDA margin 9.6%). The net worth stands at ₹1,204.5 Cr (up 17.8% YoY). Total assets are valued at ₹2,729.12 Cr (up 25.9% YoY).
The company has about 934 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Pfaudler and GMM Pfaudler. As per MCA filings, the company has open charges of ₹2,203.96 Cr and satisfied charges of ₹446.21 Cr on record. Court records list 78 cases involving the company, including 50 filed by the company and 28 filed against it; 8 cases are pending. The company has 25 deals on record (23 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹170.4 Cr; the latest was in September 2026. The company has 4 MSME Form 1 returns on record between 2019 and 2022, listing 113 overdue payments to 23 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 gmmpfaudler.com.
Company details
CIN history
GMM Pfaudler has one previous CIN (Corporate Identification Number): U29199GJ1962PLC001171. The current CIN is L29199GJ1962PLC001171, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L29199GJ1962PLC001171 | Current |
| U29199GJ1962PLC001171 | Previous |
Recognitions & Rankings of GMM Pfaudler
- Valuation
- ₹7,843 Cr
Contact details
GMM Pfaudler Limited's registered office is in Karamsad, Gujarat. Its website is gmmpfaudler.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVithal Udyognagar, Karamsad, Gujarat, India – 388325
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing
To see the full contact details of GMM Pfaudler 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
GMM Pfaudler operates two associated brands: Pfaudler and GMM Pfaudler. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of resistance equipment and chemical process systems | pfaudler.com | |
| Supplier of engineered equipment and systems for applications of chemical and pharmaceutical industry | gmmpfaudler.com |
Business activity
The main business activity of GMM Pfaudler is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of GMM Pfaudler Limited, buy the company report.
Financials of GMM Pfaudler Limited
FY 2025-26 filings availableGMM Pfaudler Limited reported revenue of ₹3,523.94 Cr (up 10.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,524 | 3,199 | 3,446 | 3,178 | 2,541 | 1,001 | 591 |
| Revenue growth | +10.2% | -7.2% | +8.5% | +25.1% | +153.8% | +69.4% | - |
| EBITDA | 337 | 313 | 476 | 410 | 284 | 105 | 111 |
| EBITDA margin | +9.6% | +9.8% | +13.8% | +12.9% | +11.2% | +10.5% | +18.8% |
| Profit before tax | 102 | 96.27 | 251 | 275 | 133 | 68.06 | 92.28 |
| Net profit | 74.52 | 66.02 | 175 | 166 | 84.81 | 91.75 | 71.92 |
| Net profit margin | +2.1% | +2.1% | +5.1% | +5.2% | +3.3% | +9.2% | +12.2% |
| EPS (₹) | 12.86 | 11.78 | 39.04 | 37.07 | 58.25 | 50.30 | 48.67 |
| Balance sheet | |||||||
| Total assets | 2,729 | 2,167 | 2,180 | 2,082 | 1,685 | 1,622 | 377 |
| Net worth | 1,204 | 1,023 | 964 | 804 | 527 | 406 | 329 |
| Total debt | 1,041 | 850 | 906 | 973 | 636 | 633 | 34.43 |
| Cash & bank | 688 | 467 | 344 | 372 | 328 | 292 | 76.39 |
| Net working capital | 1,245 | 1,010 | 936 | 868 | 695 | 577 | 207 |
| Cash flow | |||||||
| Cash from operations | 389 | 378 | 284 | 185 | 236 | 157 | 26.70 |
| Cash from investing | (154) | (52.30) | (31.70) | (294) | (134) | (65.96) | (49.70) |
| Cash from financing | (43.94) | (201) | (244) | 130 | (55.32) | 105 | (4.64) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,065 | 925 | 944 | 884 | 902 | 795 | 807 | 801 |
| Revenue growth (YoY) | +18.0% | +16.4% | +17.0% | +10.2% | +12.0% | +1.2% | - | - |
| Other income | 15.04 | 9.81 | 18.31 | 8.69 | 8.79 | 9.28 | (4.73) | 25.83 |
| EBITDA | 110 | 93.73 | 66.12 | 48.64 | 122 | 101 | 35.57 | 95.87 |
| EBITDA margin | +10.3% | +10.1% | +7.0% | +5.5% | +13.5% | +12.7% | +4.4% | +12.0% |
| Depreciation | 43.50 | 40.61 | 42.18 | 40.71 | 38.97 | 35.75 | 38.43 | 34.89 |
| Interest | 31.44 | 22.73 | 16.41 | 33.79 | 29.69 | 42.91 | 26.55 | 25.14 |
| Profit before tax | 50.28 | 40.20 | 25.84 | (17.17) | 61.69 | 31.61 | (34.14) | 61.67 |
| Tax | 15.15 | 18.10 | 10.50 | (5.82) | 24.01 | 21.46 | (6.20) | 21.64 |
| Net profit | 35.13 | 22.10 | 15.34 | (11.35) | 37.68 | 10.15 | (27.94) | 40.03 |
| EPS (₹) | 7.40 | 5.32 | 3.82 | (2.30) | 8.86 | 2.48 | (6.00) | 9.23 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,034 | 921 | 1,031 | 1,075 | 815 | 641 | 516 |
| Revenue growth | +12.3% | -10.6% | -4.1% | +31.9% | +27.2% | +24.1% | - |
| EBITDA | 122 | 110 | 139 | 171 | 172 | 154 | 99.41 |
| EBITDA margin | +11.8% | +12.0% | +13.5% | +15.9% | +21.1% | +24.0% | +19.3% |
| Profit before tax | 77.68 | 56.17 | 69.71 | 131 | 127 | 126 | 82.03 |
| Net profit | 63.22 | 41.83 | 50.79 | 84.65 | 94.93 | 94.94 | 62.91 |
| Net profit margin | +6.1% | +4.5% | +4.9% | +7.9% | +11.7% | +14.8% | +12.2% |
| EPS (₹) | 13.20 | 9.40 | 11.36 | 22.01 | 65.04 | 65.14 | 42.51 |
| Balance sheet | |||||||
| Total assets | 1,089 | 1,024 | 1,040 | 1,045 | 584 | 480 | 306 |
| Net worth | 832 | 785 | 751 | 708 | 445 | 357 | 271 |
| Total debt | 250 | 238 | 287 | 337 | 140 | 123 | 34.43 |
| Cash & bank | 28.99 | 9.54 | 26.49 | 38.17 | 15.34 | 31.82 | 28.95 |
| Net working capital | 378 | 311 | 276 | 281 | 174 | 123 | 120 |
| Cash flow | |||||||
| Cash from operations | 18.41 | 92.92 | 113 | 58.47 | 82.04 | 125 | 49.98 |
| Cash from investing | 25.08 | (19.58) | (8.65) | (195) | (89.41) | (199) | (45.15) |
| Cash from financing | (24.33) | (87.79) | (117) | 159 | (6.57) | 73.98 | (4.64) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 279 | 235 | 289 | 242 | 272 | 231 | 252 | 238 |
| Revenue growth (YoY) | +2.8% | +1.9% | +14.5% | +1.9% | +30.6% | +3.6% | - | - |
| Other income | 0.97 | 1.34 | 8.42 | 1.67 | 2.77 | 0.63 | 0.72 | 0.67 |
| Total expenses | 243 | 209 | 263 | 222 | 233 | 195 | 218 | 209 |
| EBITDA | 36.24 | 26.03 | 25.93 | 20.90 | 39.10 | 36.32 | 34.13 | 28.76 |
| EBITDA margin | +13.0% | +11.1% | +9.0% | +8.6% | +14.4% | +15.7% | +13.5% | +12.1% |
| Depreciation | 7.26 | 7.17 | 7.23 | 7.51 | 7.39 | 8.05 | 7.68 | 7.76 |
| Interest | 6.75 | 5.56 | 7.37 | 7.03 | 6.94 | 6.54 | 6.69 | 6.66 |
| Profit before tax | 23.20 | 14.64 | 19.75 | 8.03 | 27.54 | 22.36 | 20.48 | 15.01 |
| Tax | 5.88 | 3.49 | 3.32 | 2.13 | 7.25 | 5.66 | 5.33 | 3.27 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,065 | 925 | 944 | 884 | 902 | 795 | 807 | 801 |
| Revenue growth (YoY) | +18.0% | +16.4% | +17.0% | +10.2% | +12.0% | +1.2% | - | - |
| Other income | 15.04 | 9.81 | 18.31 | 8.69 | 8.79 | 9.28 | (4.73) | 25.83 |
| EBITDA | 110 | 93.73 | 66.12 | 48.64 | 122 | 101 | 35.57 | 95.87 |
| EBITDA margin | +10.3% | +10.1% | +7.0% | +5.5% | +13.5% | +12.7% | +4.4% | +12.0% |
| Depreciation | 43.50 | 40.61 | 42.18 | 40.71 | 38.97 | 35.75 | 38.43 | 34.89 |
| Interest | 31.44 | 22.73 | 16.41 | 33.79 | 29.69 | 42.91 | 26.55 | 25.14 |
| Profit before tax | 50.28 | 40.20 | 25.84 | (17.17) | 61.69 | 31.61 | (34.14) | 61.67 |
| Tax | 15.15 | 18.10 | 10.50 | (5.82) | 24.01 | 21.46 | (6.20) | 21.64 |
| Net profit | 35.13 | 22.10 | 15.34 | (11.35) | 37.68 | 10.15 | (27.94) | 40.03 |
| EPS (₹) | 7.40 | 5.32 | 3.82 | (2.30) | 8.86 | 2.48 | (6.00) | 9.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,524 | 3,199 | 3,446 | 3,178 | 2,541 | 1,001 | 591 |
| Revenue growth | +10.2% | -7.2% | +8.5% | +25.1% | +153.8% | +69.4% | - |
| Other income | 45.07 | 30.41 | 20.02 | 51.69 | 6.73 | 23.48 | 5.76 |
| Total expenses | 3,187 | 2,885 | 2,971 | 2,768 | 2,257 | 896 | 480 |
| Employee cost | 1,007 | 892 | 904 | 792 | 713 | 207 | 87.98 |
| EBITDA | 337 | 313 | 476 | 410 | 284 | 105 | 111 |
| EBITDA margin | +9.6% | +9.8% | +13.8% | +12.9% | +11.2% | +10.5% | +18.8% |
| Depreciation | 158 | 144 | 150 | 119 | 133 | 50.48 | 21.12 |
| Interest | 123 | 103 | 94.77 | 66.57 | 24.60 | 10.18 | 3.49 |
| Profit before tax | 102 | 96.27 | 251 | 275 | 133 | 68.06 | 92.28 |
| Tax | 50.15 | 47.10 | 80.15 | 61.74 | 58.02 | 4.51 | 21.16 |
| Net profit | 74.52 | 66.02 | 175 | 166 | 84.81 | 91.75 | 71.92 |
| Net profit margin | +2.1% | +2.1% | +5.1% | +5.2% | +3.3% | +9.2% | +12.2% |
| EPS (₹) | 12.86 | 11.78 | 39.04 | 37.07 | 58.25 | 50.30 | 48.67 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 8.99 | 8.99 | 8.99 | 8.99 | 2.92 | 2.92 | 2.92 |
| Reserves & surplus | 1,196 | 1,014 | 955 | 795 | 524 | 403 | 326 |
| Shareholders' funds (net worth) | 1,204 | 1,023 | 964 | 804 | 527 | 406 | 329 |
| Minority interest | 28.49 | 6.82 | 6.43 | 11.24 | 141 | 116 | 0.00 |
| Secured loans | 752 | 602 | 679 | 727 | 471 | 437 | 0.00 |
| Unsecured loans | 289 | 249 | 227 | 246 | 165 | 196 | 34.43 |
| Total debt | 1,041 | 850 | 906 | 973 | 636 | 633 | 34.43 |
| Total liabilities | 2,729 | 2,167 | 2,180 | 2,082 | 1,685 | 1,622 | 377 |
| Assets | |||||||
| Gross block | 2,235 | 1,712 | 1,701 | 1,551 | 1,260 | 1,137 | 177 |
| Net block | 1,497 | 1,165 | 1,251 | 1,213 | 1,002 | 1,043 | 134 |
| Capital work in progress | 20.26 | 11.93 | 27.36 | 13.33 | 12.98 | 4.35 | 1.64 |
| Investments | 3.47 | 0.01 | 0.01 | 0.01 | 0.09 | 0.67 | 36.13 |
| Inventories | 637 | 540 | 625 | 771 | 670 | 576 | 126 |
| Sundry debtors | 465 | 387 | 433 | 436 | 356 | 310 | 74.33 |
| Cash & bank balances | 688 | 467 | 344 | 372 | 328 | 292 | 76.39 |
| Loans & advances | 636 | 490 | 450 | 492 | 335 | 144 | 77.74 |
| Total current assets | 2,426 | 1,884 | 1,852 | 2,070 | 1,689 | 1,322 | 354 |
| Total current liabilities | 1,181 | 874 | 916 | 1,202 | 994 | 744 | 148 |
| Net working capital | 1,245 | 1,010 | 936 | 868 | 695 | 577 | 207 |
| Total assets | 2,729 | 2,167 | 2,180 | 2,082 | 1,685 | 1,622 | 377 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 445 | 320 | 311 | 291 | 243 | 47.78 | 75.42 |
| Net cash from operating activities | 389 | 378 | 284 | 185 | 236 | 157 | 26.70 |
| Net cash from investing activities | (154) | (52.30) | (31.70) | (294) | (134) | (65.96) | (49.70) |
| Net cash from financing activities | (43.94) | (201) | (244) | 130 | (55.32) | 105 | (4.64) |
| Net change in cash | 191 | 125 | 8.15 | 20.90 | 47.11 | 196 | (27.64) |
| Closing cash | 688 | 467 | 344 | 372 | 328 | 292 | 76.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.2% | -7.2% | +8.5% | +25.1% | +153.8% | +69.4% | - |
| EBITDA growth | +7.6% | -34.1% | +16.2% | +44.3% | +169.7% | -5.3% | - |
| PBT growth | +5.9% | -61.6% | -8.9% | +106.4% | +96.0% | -26.3% | +25.9% |
| Net income growth | +12.9% | -62.3% | +5.6% | +95.6% | -7.6% | +27.6% | - |
| Revenue CAGR (3Y) | +3.5% | +8.0% | +51.0% | +75.2% | +71.6% | +35.1% | +18.7% |
| EBITDA CAGR (3Y) | -6.3% | +3.4% | +65.4% | +54.5% | +54.5% | +19.2% | +32.8% |
| Profitability & leverage | |||||||
| Net income margin | +1.5% | +1.5% | +5.0% | +6.7% | +3.0% | +6.4% | +12.0% |
| Return on capital employed | +11.7% | +11.4% | +16.3% | +18.9% | +10.4% | +11.8% | +29.0% |
| Return on net worth | +6.2% | +6.3% | +19.3% | +32.1% | +16.2% | +22.3% | +23.8% |
| Debt / equity | 0.85 | 0.88 | 1.06 | 1.21 | 1.36 | 0.91 | 0.06 |
| Long-term debt / equity | 0.58 | 0.63 | 0.81 | 1.01 | 1.20 | 0.79 | 0.03 |
| Interest cover | 68.34 | 61.03 | 29.11 | 22.95 | 16.26 | 18.59 | 3.88 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.79 | 1.87 | 2.12 | 2.26 | 2.12 | 1.52 | 4.22 |
| Inventory turnover | 5.99 | 5.49 | 4.94 | 4.41 | 4.08 | 2.85 | 4.90 |
| Debtors turnover | 8.27 | 7.81 | 7.94 | 8.03 | 7.63 | 5.21 | 8.35 |
| EPS (₹) | 12.86 | 11.78 | 39.04 | 37.07 | 58.25 | 50.30 | 48.67 |
| Dividend per share (₹) | 2.00 | 2.00 | 2.00 | 2.00 | 6.00 | 5.00 | 5.00 |
| Book value per share (₹) | 267.96 | 227.54 | 214.54 | 178.87 | 361.03 | 278.25 | 225.15 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 279 | 235 | 289 | 242 | 272 | 231 | 252 | 238 |
| Revenue growth (YoY) | +2.8% | +1.9% | +14.5% | +1.9% | +30.6% | +3.6% | - | - |
| Other income | 0.97 | 1.34 | 8.42 | 1.67 | 2.77 | 0.63 | 0.72 | 0.67 |
| Total expenses | 243 | 209 | 263 | 222 | 233 | 195 | 218 | 209 |
| EBITDA | 36.24 | 26.03 | 25.93 | 20.90 | 39.10 | 36.32 | 34.13 | 28.76 |
| EBITDA margin | +13.0% | +11.1% | +9.0% | +8.6% | +14.4% | +15.7% | +13.5% | +12.1% |
| Depreciation | 7.26 | 7.17 | 7.23 | 7.51 | 7.39 | 8.05 | 7.68 | 7.76 |
| Interest | 6.75 | 5.56 | 7.37 | 7.03 | 6.94 | 6.54 | 6.69 | 6.66 |
| Profit before tax | 23.20 | 14.64 | 19.75 | 8.03 | 27.54 | 22.36 | 20.48 | 15.01 |
| Tax | 5.88 | 3.49 | 3.32 | 2.13 | 7.25 | 5.66 | 5.33 | 3.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,034 | 921 | 1,031 | 1,075 | 815 | 641 | 516 |
| Revenue growth | +12.3% | -10.6% | -4.1% | +31.9% | +27.2% | +24.1% | - |
| Other income | 13.49 | 5.52 | 1.98 | 23.33 | 3.76 | 7.89 | 6.12 |
| Total expenses | 912 | 811 | 892 | 904 | 643 | 487 | 417 |
| Employee cost | 134 | 106 | 106 | 96.42 | 86.55 | 69.90 | 55.11 |
| EBITDA | 122 | 110 | 139 | 171 | 172 | 154 | 99.41 |
| EBITDA margin | +11.8% | +12.0% | +13.5% | +15.9% | +21.1% | +24.0% | +19.3% |
| Depreciation | 30.18 | 31.21 | 36.71 | 36.38 | 33.57 | 28.95 | 20.01 |
| Interest | 27.88 | 28.52 | 34.35 | 27.12 | 15.00 | 6.66 | 3.49 |
| Profit before tax | 77.68 | 56.17 | 69.71 | 131 | 127 | 126 | 82.03 |
| Tax | 18.36 | 13.92 | 18.66 | 32.13 | 32.06 | 30.80 | 19.91 |
| Net profit | 63.22 | 41.83 | 50.79 | 84.65 | 94.93 | 94.94 | 62.91 |
| Net profit margin | +6.1% | +4.5% | +4.9% | +7.9% | +11.7% | +14.8% | +12.2% |
| EPS (₹) | 13.20 | 9.40 | 11.36 | 22.01 | 65.04 | 65.14 | 42.51 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 8.99 | 8.99 | 8.99 | 8.99 | 2.92 | 2.92 | 2.92 |
| Reserves & surplus | 823 | 776 | 742 | 699 | 442 | 354 | 268 |
| Shareholders' funds (net worth) | 832 | 785 | 751 | 708 | 445 | 357 | 271 |
| Secured loans | 227 | 211 | 265 | 331 | 128 | 90.52 | 0.00 |
| Unsecured loans | 23.38 | 26.70 | 21.99 | 5.50 | 11.97 | 32.06 | 34.43 |
| Total debt | 250 | 238 | 287 | 337 | 140 | 123 | 34.43 |
| Total liabilities | 1,089 | 1,024 | 1,040 | 1,045 | 584 | 480 | 306 |
| Assets | |||||||
| Gross block | 356 | 356 | 382 | 363 | 323 | 243 | 167 |
| Net block | 169 | 183 | 230 | 232 | 227 | 177 | 127 |
| Capital work in progress | 9.33 | 3.56 | 9.15 | 6.54 | 10.42 | 2.64 | 1.64 |
| Investments | 523 | 519 | 519 | 519 | 171 | 172 | 57.52 |
| Inventories | 102 | 82.27 | 134 | 199 | 231 | 113 | 111 |
| Sundry debtors | 136 | 110 | 172 | 197 | 121 | 113 | 59.47 |
| Cash & bank balances | 28.99 | 9.54 | 26.49 | 38.17 | 15.34 | 31.82 | 28.95 |
| Loans & advances | 352 | 304 | 126 | 119 | 87.68 | 48.84 | 41.15 |
| Total current assets | 619 | 505 | 458 | 554 | 455 | 306 | 241 |
| Total current liabilities | 241 | 194 | 182 | 272 | 281 | 183 | 120 |
| Net working capital | 378 | 311 | 276 | 281 | 174 | 123 | 120 |
| Total assets | 1,089 | 1,024 | 1,040 | 1,045 | 584 | 480 | 306 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 8.64 | 23.09 | 36.25 | 14.74 | 28.68 | 28.68 | 28.48 |
| Net cash from operating activities | 18.41 | 92.92 | 113 | 58.47 | 82.04 | 125 | 49.98 |
| Net cash from investing activities | 25.08 | (19.58) | (8.65) | (195) | (89.41) | (199) | (45.15) |
| Net cash from financing activities | (24.33) | (87.79) | (117) | 159 | (6.57) | 73.98 | (4.64) |
| Net change in cash | 19.16 | (14.45) | (13.16) | 21.51 | (13.94) | 0.00 | 0.20 |
| Closing cash | 28.99 | 9.54 | 26.49 | 38.17 | 15.34 | 31.82 | 28.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +12.3% | -10.6% | -4.1% | +31.9% | +27.2% | +24.1% | - |
| EBITDA growth | +10.8% | -20.5% | -19.0% | -0.3% | +11.9% | +54.5% | - |
| PBT growth | +38.3% | -19.4% | -46.8% | +3.2% | +0.9% | +53.5% | +33.9% |
| Net income growth | +51.1% | -17.6% | -40.0% | -10.8% | -0.0% | +50.9% | - |
| Revenue CAGR (3Y) | -1.3% | +4.2% | +17.2% | +27.7% | +24.9% | +27.1% | +24.7% |
| EBITDA CAGR (3Y) | -10.6% | -13.7% | -3.3% | +19.9% | +37.9% | +49.3% | +34.6% |
| Profitability & leverage | |||||||
| Net income margin | +5.7% | +4.6% | +5.0% | +9.2% | +11.7% | +14.8% | +12.0% |
| Return on capital employed | +10.0% | +8.2% | +10.0% | +17.1% | +26.7% | +33.7% | +32.7% |
| Return on net worth | +7.3% | +5.5% | +7.0% | +14.7% | +23.7% | +30.3% | +25.4% |
| Debt / equity | 0.30 | 0.34 | 0.43 | 0.41 | 0.33 | 0.25 | 0.07 |
| Long-term debt / equity | 0.06 | 0.13 | 0.24 | 0.28 | 0.24 | 0.17 | 0.04 |
| Interest cover | 30.28 | 36.02 | 33.65 | 20.11 | 10.85 | 5.34 | 4.40 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.91 | 2.50 | 2.77 | 3.13 | 2.88 | 3.13 | 4.09 |
| Inventory turnover | 11.21 | 8.53 | 6.19 | 5.00 | 4.75 | 5.73 | 4.83 |
| Debtors turnover | 8.40 | 6.54 | 5.58 | 6.75 | 6.96 | 7.43 | 9.53 |
| EPS (₹) | 13.20 | 9.40 | 11.36 | 22.01 | 65.04 | 65.14 | 42.51 |
| Dividend per share (₹) | 2.00 | 2.00 | 2.00 | 2.00 | 6.00 | 5.00 | 5.00 |
| Book value per share (₹) | 185.06 | 174.59 | 167.12 | 157.50 | 304.53 | 244.76 | 185.48 |
To see the full year-wise statements and ratios of GMM Pfaudler Limited, buy the company report.
Board of directors of GMM Pfaudler Limited
GMM Pfaudler has 8 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Jethabhai Patel Also directs: Skyline Millars Limited, Ready Mix Concrete Limited, Millars Machinery Co Pvt Limited and 2 more | Director | 01 Jan 1988 | 38 Years 10 Months | Current |
| Tarak Ashok Patel Also directs: Ready Mix Concrete Limited, Millars Machinery Co Pvt Limited, Millars Concrete Technologies Private Limited and 3 more | Managing Director | 30 Jan 2007 | 19 Years 9 Months | Current |
| Nakul Toshniwal Also directs: Cravatex Limited, Toshvin Analytical Private Limited, Wiff Waff Hospitality Private Limited and 2 more | Director | 16 May 2018 | 8 Years 5 Months | Current |
| Bhawana Mishra | Director | 01 Apr 2020 | 6 Years 7 Months | Current |
| Vivek Bhatia Also directs: Tkil Industries Private Limited | Director | 01 Apr 2020 | 6 Years 7 Months | Current |
| Prakash Krishnaji Apte | Director | 25 May 2022 | 4 Years 5 Months | Current |
Auditor
GMM Pfaudler 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 | 117365W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 25.20%, foreign institutional investors hold 14.40%, domestic institutional investors hold 18.40% and retail and other public shareholders hold 42.00%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 25.20% | 25.20% | 25.20% | 25.20% |
| Public | 74.80% | 74.80% | 74.80% | 74.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2024 | 100862911 | Others | ₹1,099.38 Cr | Open | |
| 15 Feb 2021 | 100423349 | Others | ₹1,104.58 Cr | Open | |
| 30 Nov 2022 | 100656372 | Hdfc Bank Limited | ₹75 Cr | Satisfied | |
| 19 Oct 2022 | 100626279 | The Hongkong and Shanghai Banking Corporation Limited | ₹60 Cr | Satisfied | |
| 08 Sep 2022 | 100622977 | Axis Bank Limited | ₹38.38 Cr | Satisfied |
To see the full charge records of GMM Pfaudler Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
GMM Pfaudler Limited has 25 deals on record (23 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹170.4 Cr; the latest was in September 2026.
Deals on record (5 of 25)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Market trade | ₹656.92 Cr | Buyer: Infinity Partners, NK Securities Research Private Limited , Graviton Research Capital LLP Seller: Geranium Investments Limited, Atreides Investments B.V., NK Securities Research Private Limited |
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: Millars Machinery Co Pvt Limited Seller: Pfaudler Inc |
| Aug 2023 | Market trade | ₹42.52 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Aug 2023 | Market trade | ₹61.59 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Dec 2022 | Market trade | ₹1,199.74 Cr | Buyer: Plutus Wealth Management LLP , Aditya Birla Sun Life Mutual Fund Ac Birla Sun Life Equity Fund, Aditya Birla Sun Life Mutual Fund Ac Birla Midcap Fund, an individual Seller: Pfaudler Inc, NK Securities Research Private Limited |
To see the full deal history of GMM Pfaudler 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
GMM Pfaudler Limited has 78 court cases on record: 50 filed by GMM Pfaudler, 28 filed against it. 8 cases are pending and 70 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 43 | 19 | 5 |
| District courts | 32 | 9 | 3 |
| Supreme Court | 2 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARAP) | Filed by the company against Glatt Systems Private Limited | Pending |
| District court, Anand, Gujarat | Commercial matter | Filed by the company against Magma Industries Limited | Pending |
| High Court | Arbitration matter | Filed by the company against M/S. Kerala Minerals and Metals Limited and 1 other | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against Viwyn Pharma Pvt. Ltd. | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against Nuberg Engineering Limited | Disposed |
To see the full case history of GMM Pfaudler 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.
Credit ratings & regulatory alerts
GMM Pfaudler Limited was last rated by Icra on 21 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 21 Mar 2022 |
To see the full credit ratings and regulatory alerts of GMM Pfaudler Limited, buy the company report.
MSME payment delays
GMM Pfaudler Limited has 4 MSME Form 1 returns on record between 2019 and 2022, listing 113 overdue payments to 23 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 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Chetan Abrasives Private Limited | |||
| Anuj Industries | |||
| an individual supplier | |||
| Imperial Engineering Industries | |||
| an individual supplier |
To see the full MSME payment records of GMM Pfaudler Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
GMM Pfaudler Limited has a workforce of 934 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
GMM Pfaudler has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCG0563A1ZD | Gujarat | Active | 01 Jul 2017 |
| 37AABCG0563A1Z6 | Andhra Pradesh | Active | 01 Jul 2017 |
| 27AABCG0563A1Z7 | Maharashtra | Active | 21 Sep 2017 |
| 27AABCG0563A2Z6 | Maharashtra | Active | 01 Jul 2019 |
To see the full GST registrations and return filing status of GMM Pfaudler Limited, buy the company report.
Recent activity
GMM Pfaudler Limited has 56 board changes on record since 1970: 32 appointments and 24 cessations. The latest: Aseem Kuldip Joshi ceased to be CEO on 26 Sep 2025.
74 earlier events are in the company report.
News
Frequently asked questions
GMM Pfaudler is an active public limited company based in Karamsad, Gujarat, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 17 November 1962 (64+ years old) and is registered under CIN L29199GJ1962PLC001171. Listed on BSE: 505255 and NSE: GMMPFAUDLR.
GMM Pfaudler reported revenue of ₹3,523.94 Cr for FY 2025-26 (up 10.2% YoY) based on consolidated financials.
GMM Pfaudler has 8 current directors:
- Tarak Ashok Patel - Managing Director
- Ashok Jethabhai Patel - Director
- Nakul Toshniwal - Director
- Bhawana Mishra - Director
- Vivek Bhatia - Director
- Prakash Krishnaji Apte - Director
- Raghav Ramdev - Director
- Shilpa Divekar Nirula - Director
The latest financial statements of GMM Pfaudler on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of GMM Pfaudler is 24AABCG0563A1ZD, registered in Gujarat. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 37AABCG0563A1Z6 (Andhra Pradesh), 27AABCG0563A1Z7 (Maharashtra), 27AABCG0563A2Z6 (Maharashtra).
The CIN (Corporate Identification Number) of GMM Pfaudler is L29199GJ1962PLC001171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. GMM Pfaudler is a listed company as per MCA records. Its shares are listed on both BSE (code: 505255) and NSE (symbol: GMMPFAUDLR).
GMM Pfaudler has 78 court cases on record: 50 filed by the company and 28 filed against it. 8 are pending. Most are in the high courts.
GMM Pfaudler was incorporated on 17 November 1962, making it 64+ years old. It is registered with the Registrar of Companies, Ahmedabad.
GMM Pfaudler has 25 deals on record (23 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹170.4 Cr; the latest was in September 2026.
Aseem Kuldip Joshi ceased to be CEO on 26 Sep 2025. Manish Poddar ceased to be CFO on 07 Feb 2025. Raghav Ramdev was appointed as Director on 06 Feb 2025. GMM Pfaudler has 56 board changes on record in total.

