Grandway Testing Instruments India Private Limited
About Grandway Testing Instruments India Private Limited
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Grandway Testing Instruments India Private Limited is a foreign private limited company based in Navi Mumbai, Maharashtra, India. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 17 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32309MH2019FTC330633. Its GSTIN is 27AAHCG9948B1ZC (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹6.93 Cr and a paid-up capital of ₹3.46 Cr. It is led by directors Xia Xugang and Vikas Vinayak Digrajkar.
Its last annual general meeting (AGM) was held on 29 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ar – 1/H – 131 Ram Kutir 2nd Floor Sector – 3 Airoli Navi Mumbai, Maharashtra, India – 400708.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.25 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net loss of ₹12.03 Lakh (net margin -2.8%) and EBITDA of -₹11.62 Lakh (EBITDA margin -2.7%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years.
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- Registered AddressAr – 1/H – 131 Ram Kutir 2nd Floor Sector – 3 Airoli Navi Mumbai, Maharashtra, India – 400708
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Grandway Testing Instruments India Private Limited
The main business activity of Grandway Testing Instruments India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Grandway Testing Instruments India Private Limited FY 2025 filings available
Grandway Testing Instruments India Private Limited reported revenue of ₹4.25 Cr (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Grandway Testing Instruments India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 57% over three years, including 37% growth in the latest year. EBITDA rose 92% 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 of Grandway Testing Instruments India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹11.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.03 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Grandway Testing Instruments India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Grandway Testing Instruments India are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Grandway Testing Instruments India Private Limited
Grandway Testing Instruments India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Testing Equipment). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Scientific Controls Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Newton Weighing System Private Limited | •••• | •••• | •••• | •••• | 18 | Kolkata, West Bengal, India |
| Mitti Agricarbon India Private Limited | •••• | •••• | •••• | •••• | 31 | Borivali West, Maharashtra, India |
| Hexa Plast Industries Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Instrumentation Engineers Private Limited | •••• | •••• | •••• | •••• | 15 | Hyderabad, Telangana, India |
| Grandway Testing Instruments India Private Limited this company | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Star-Mech Controls (India) Private Ltd | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| H.Guru Instruments (North India) Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Splash Marine International Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Pyramid Precision Engineering (India) Private Limited | •••• | •••• | •••• | •••• | - | Chennai 600018, Tamil Nadu, India |
| Kalptech Solutions Private Limited | •••• | •••• | •••• | •••• | - | Haveli, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Grandway Testing Instruments India by revenue in the Machinery and Equipment industry (Testing Equipment), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Grandway Testing Instruments India Private Limited
Grandway Testing Instruments India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Xia Xugang | Director | 17 Sep 2019 | 7 Years 0 Months | Current |
| Vikas Vinayak Digrajkar | Director | 10 Mar 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Grandway Testing Instruments India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Grandway Testing Instruments India Private Limited
Grandway Testing Instruments India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Grandway Testing Instruments India Private Limited
Employment history and EPFO contributions of people linked to Grandway Testing Instruments India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Grandway Testing Instruments India Private Limited
Grandway Testing Instruments India Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Saurav ceased to be Director on 14 Mar 2023.
Credit Ratings, Litigation & Regulatory Alerts for Grandway Testing Instruments India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Grandway Testing Instruments India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Grandway Testing Instruments India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Grandway Testing Instruments India Private Limited
Grandway Testing Instruments India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG9948B1ZC | Maharashtra | Active | 26 Sep 2019 |
| 19AAHCG9948B1Z9 | West Bengal | Active | 31 Oct 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Grandway Testing Instruments India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Grandway Testing Instruments India Private Limited
Grandway Testing Instruments India is an active foreign private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 17 September 2019 (7+ years old) and is registered under CIN U32309MH2019FTC330633.
Grandway Testing Instruments India reported revenue of ₹4.25 Cr for FY 2025 (up 37% YoY).
Grandway Testing Instruments India has 2 current directors:
- Xia Xugang - Director
- Vikas Vinayak Digrajkar - Director
Grandway Testing Instruments India reported a net loss of ₹12.03 Lakh (net margin -2.8%) and EBITDA of -₹11.62 Lakh (EBITDA margin -2.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grandway Testing Instruments India is 57% over three years. In the latest year (FY 2025) revenue rose 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Grandway Testing Instruments India is 27AAHCG9948B1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAHCG9948B1Z9 (West Bengal).
The CIN (Corporate Identification Number) of Grandway Testing Instruments India is U32309MH2019FTC330633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grandway Testing Instruments India was incorporated on 17 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Grandway Testing Instruments India by revenue are Scientific Controls Private Limited, Newton Weighing System Private Limited, Mitti Agricarbon India Private Limited, Hexa Plast Industries Private Limited, Instrumentation Engineers Private Limited and 5 more, all in the Machinery and Equipment industry (Testing Equipment).
Saurav ceased to be Director on 14 Mar 2023. Vikas Vinayak Digrajkar was appointed as Director on 10 Mar 2023. Ashish Khatri ceased to be Director on 10 Aug 2022. Grandway Testing Instruments India has 4 board changes on record in total.
The registered office of Grandway Testing Instruments India is at Ar – 1H – 131 Ram Kutir 2nd Floor Sector – 3 Airoli Navi Mumbai, Maharashtra, India – 400708.