Idex India Private Limited

Idex India Private Limited - machinery and equipment in Savli, Gujarat, India. FY 2026 financials & compliance.
CIN U99999GJ1993PTC018768 Incorporated 01 January 1993 ROC Ahmedabad HQ Savli, Gujarat, India
Active Private Limited Company machinery and equipment Fortune MNC 500 · #350
Data last updated
Revenue · FY 2025
₹958.65 Cr
▲ 28% YoY
Net profit · FY 2025
₹180 Cr
Net margin 18.8%
EBITDA · FY 2025
₹273.27 Cr
EBITDA margin 28.5%
Authorised capital
₹7.9 Cr
Registered with MCA
Paid-up capital
₹73.51 Lakh
Issued & subscribed
Open charges
₹1.1 Cr
Satisfied ₹3.4 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
290
Provident fund records

About Idex India Private Limited

Data last updated:

Idex India Private Limited is a private limited company based in Savli, Gujarat, India, a subsidiary of Advanced Flow Solutions Inc - Usa. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 01 January 1993 and has been in existence for over 33 years.

Idex India is ranked #350 on the Fortune MNC 500 India (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U99999GJ1993PTC018768. Its GSTIN is 24AAACL3371J1ZM (Gujarat). The company holds 8 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹7.9 Cr and a paid-up capital of ₹73.51 Lakh. It was formerly known as Liquid Controls India Private Limited and Idex Fluid & Metering Private Limited. It is led by directors Vikas Waman Narkar (Managing Director) and Steven Leonard Hamelin.

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 Survey No. 256 GIDC Manjusar, Savli, Gujarat, India – 391770.

As per the financials filed for FY 2025, the company reported a revenue of ₹958.65 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹180 Cr (net margin 18.8%) and EBITDA of ₹273.27 Cr (EBITDA margin 28.5%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 25% over five years.

The company has about 290 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.1 Cr and satisfied charges of ₹3.4 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website idexindia.in.

Company details

CIN U99999GJ1993PTC018768
Registration Number 018768
Incorporation Date 01 January 1993
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Advanced Flow Solutions Inc - Usa
Compliance Status Active Compliant

Name history

Idex India has undergone 3 name changes throughout its history. The company was previously known as Liquid Controls India Private Limited, Idex Fluid & Metering Private Limited, and Liquid Controls India Limited. The current legal name is Idex India Private Limited.

Company NameStatus
Idex India Private LimitedCurrent
Liquid Controls India Private LimitedPrevious
Idex Fluid & Metering Private LimitedPrevious
Liquid Controls India LimitedPrevious
Key People
Vikas Waman Narkar Managing Director Steven Leonard Hamelin Director

Recognitions & Rankings of Idex India

Fortune MNC 500 India 2026 edition
Rank#350
Total income
₹1,127 Cr
Profit
₹189 Cr

Contact details

Idex India Private Limited's registered office is in Savli, Gujarat. Its website is idexindia.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    idexindia.in
  • Registered Address
    Survey No. 256 GIDC Manjusar, Savli, Gujarat, India – 391770
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Idex India Private Limited, buy the company report.

Comprehensive company report
Idex 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Idex India is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Idex India Private Limited, buy the company report.

Financials of Idex India Private Limited

FY 2025 filings available

Idex India Private Limited reported revenue of ₹958.65 Cr (up 28% YoY) for FY 2025.

Revenue · FY 2025
₹958.65 Cr ▲ 28%
Net profit · FY 2025
₹180 Cr margin 18.8%
EBITDA · FY 2025
₹273.27 Cr margin 28.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 21%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 31%
5 years · compounded
▲ 34%

Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 28% growth in the latest year. EBITDA rose 41% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹273.27 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹180 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin28.5%
Net Profit Margin18.8%
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
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Idex India Private Limited, buy the company report.

Board of directors of Idex India Private Limited

Idex India has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vikas Waman NarkarManaging Director13 Dec 20196 Years 10 MonthsCurrent
Steven Leonard HamelinDirector28 Sep 20188 Years 1 MonthsCurrent
View all directors

Auditor

Idex India Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & SellsFY 2023117364W

Shareholding

The shareholding of Idex 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Idex India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.1 Cr
Satisfied charges
₹3.4 Cr
Breakdown by lending institutions
Union Bank of India₹1.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Feb 200390099624Union Bank of India₹1.1 CrOpen
09 Nov 200090096694Union Bank of India₹2.3 CrSatisfied
08 Nov 200090099282Union Bank of India₹1.1 CrSatisfied

To see the full charge records of Idex India Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Idex India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Idex India Private Limited has a workforce of 290 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
290
Active EPFO establishments
1
Employee growth
0.69%

GST

Idex India has 8 GST registrations: 2 active and 6 cancelled or inactive.

Total GSTINs
8
Active
2
Cancelled / inactive
6
GSTINStateStatusRegistered on
24AAACL3371J1ZMGujaratActive01 Jul 2017
27AAACL3371J1ZGMaharashtraActive27 Jul 2017

To see the full GST registrations and return filing status of Idex India Private Limited, buy the company report.

Recent activity

Idex India Private Limited has 15 board changes on record since 2008: 3 appointments and 12 cessations. The latest: Rishi Bhandari was appointed as Additional Director on 08 Oct 2024.

AGM
Idex India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Idex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Rishi Bhandari was appointed as Additional Director.
Ceased
Rajesh Prasad ceased to be Managing Director.
Appointed
Vikas Waman Narkar was appointed as Managing Director.
Ceased
Andrea Jane Skobel ceased to be Additional Director.
Appointed
Steven Leonard Hamelin was appointed as Director.
Ceased
Neil David Brinker ceased to be Additional Director.
Ceased
Andrea Lora Davey ceased to be Director.
Ceased
Matthew John Stillings ceased to be Director.
Charges
A charge registered on 09 Nov 2000 via Charge ID 90096694 with Union Bank Of India was fully satisfied on 11 Sep 2013.
Charges
A charge registered on 08 Nov 2000 via Charge ID 90099282 with Union Bank Of India was fully satisfied on 11 Sep 2013.

11 earlier events are in the company report.

Frequently asked questions

Idex India is an active private limited company based in Savli, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 01 January 1993 (33+ years old) and is registered under CIN U99999GJ1993PTC018768.

Idex India has 2 current directors:

The latest financial statements of Idex India 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 Idex India is 24AAACL3371J1ZM, registered in Gujarat. The company has 8 GST registrations in all, of which 2 are active and 6 are cancelled or inactive. Other active GSTINs include 27AAACL3371J1ZG (Maharashtra).

The CIN (Corporate Identification Number) of Idex India is U99999GJ1993PTC018768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Idex India has 4 court cases on record: 2 filed by the company and 2 filed against it.

Idex India was incorporated on 01 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Rishi Bhandari was appointed as Additional Director on 08 Oct 2024. Rajesh Prasad ceased to be Managing Director on 13 Dec 2019. Vikas Waman Narkar was appointed as Managing Director on 13 Dec 2019. Idex India has 15 board changes on record in total.

Idex India can be reached through the website idexindia.in. Its registered office is in Savli, Gujarat, India.

The registered office of Idex India is at Survey No. 256 GIDC Manjusar, Savli, Gujarat, India – 391770.