About Indaircon Engineers Private Limited
Data last updated:
Indaircon Engineers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 26 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31900KA2009PTC049471. Its GSTIN is 29AACCI0577P1ZZ (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Sathyamurthy Kuppuswamy (Managing Director) and Manikyam Kuppa Swamy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at New No. 19/1 Old No. 348/19 8th Cross Road Wilson Garden, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.29 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 3%) and EBITDA of ₹1.69 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 13% over five years.
The company has about 170 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ind Air Con. As per MCA filings, the company has open charges of ₹1.2 Cr and satisfied charges of ₹40 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indaircon.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNew No. 19/1 Old No. 348/19 8th Cross Road Wilson Garden, Bangalore, Karnataka, India – 560027
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
- 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 Indaircon Engineers Private Limited
The business activities of Indaircon Engineers are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | D3 | Locked | 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 Indaircon Engineers Private Limited FY 2024 filings available
Indaircon Engineers Private Limited reported revenue of ₹34.29 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Indaircon Engineers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 13% growth in the latest year. EBITDA fell 23% 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 Indaircon Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹1.69 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.03 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 of Indaircon Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Indaircon Engineers are in the company report.
Financial statements from 2015
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 Indaircon Engineers Private Limited
Indaircon Engineers Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Compressors). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apple Aircon Private Limited | •••• | •••• | •••• | •••• | - | Mulund, Maharashtra, India |
| Armec Cooling System Limited | •••• | •••• | •••• | •••• | - | Sanand, Gujarat, India |
| Harsha Vardhan Air Conditioning Engineers Private Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| International Coil Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Dustech Engineers Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Indaircon Engineers Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Aditi Airconditioning Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| United Industrial Enterprises (India) Private Limited | •••• | •••• | •••• | •••• | - | Pondicherry, India |
| Pneumatic Engineers Private Limited | •••• | •••• | •••• | •••• | 11 | Delhi, India |
| DJK Industries Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Wingfan India Private Limited | •••• | •••• | •••• | •••• | - | Bhiwandi, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Indaircon Engineers by revenue in the Machinery and Equipment industry (Compressors), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Indaircon Engineers Private Limited
Indaircon Engineers Private Limited is audited by ANANT H MUTALIK for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANANT H MUTALIK | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Indaircon Engineers Private Limited
Indaircon Engineers has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manikyam Kuppa Swamy | Director | 26 Mar 2009 | 17 Years 6 Months | Current |
| Sathyamurthy Kuppuswamy | Managing Director | 26 Mar 2009 | 17 Years 6 Months | Current |
| Ramaswamy Mahalakshmi | Director | 30 Sep 2019 | 7 Years 0 Months | Current |
| Lathasathya | Director | 30 Sep 2019 | 7 Years 0 Months | Current |
| Sathya Murthy Latha Swikrith | Additional Director | 08 Jul 2025 | 1 Years 3 Months | Current |
Ownership and Shareholding of Indaircon Engineers 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 Indaircon Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jul 2021 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Lakh | Open |
| 29 Jul 2020 | Axis Bank Limited | ₹1 Cr | Open |
| 13 Jul 2012 | Sree Subramanyeswara Co-Operative Bank Limited | ₹40 Lakh | Satisfied |
Total charge records: 3 View all charges
MSME Payment Delays by Indaircon Engineers Private Limited
Indaircon Engineers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hi Tech Electric & Refrigeration Co | •••• | •••• | •••• |
| Sri Lakshmi Fabrication | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Indaircon Engineers Private Limited
Indaircon Engineers operates one associated brand: Ind Air Con. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| HVAC and air conditioning services in Bangalore. | indaircon.com |
Employees and EPFO Compliance at Indaircon Engineers Private Limited
Indaircon Engineers Private Limited has a workforce of 170 employees as of Apr 06, 2024.
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 Indaircon Engineers Private Limited
Indaircon Engineers Private Limited has 6 board changes on record since 2009: 5 appointments and 1 cessation. The latest: Sathya Murthy Latha Swikrith was appointed as Additional Director on 08 Jul 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Indaircon Engineers 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.
Subsidiaries & Group Companies of Indaircon Engineers 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 Indaircon Engineers Private Limited
Indaircon Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI0577P1ZZ | Karnataka | Active | 01 Jul 2017 |
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 Indaircon Engineers 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 Indaircon Engineers Private Limited
Indaircon Engineers is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 26 March 2009 (17+ years old) and is registered under CIN U31900KA2009PTC049471.
Indaircon Engineers reported revenue of ₹34.29 Cr for FY 2025 (up 13% YoY).
Indaircon Engineers has 5 current directors:
- Sathyamurthy Kuppuswamy - Managing Director
- Manikyam Kuppa Swamy - Director
- Ramaswamy Mahalakshmi - Director
- Lathasathya - Director
- Sathya Murthy Latha Swikrith - Additional Director
Indaircon Engineers reported a net profit of ₹1.03 Cr (net margin 3%) and EBITDA of ₹1.69 Cr (EBITDA margin 4.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indaircon Engineers is 34% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Indaircon Engineers is 29AACCI0577P1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Indaircon Engineers is U31900KA2009PTC049471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indaircon Engineers was incorporated on 26 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Indaircon Engineers by revenue are Apple Aircon Private Limited, Armec Cooling System Limited, Harsha Vardhan Air Conditioning Engineers Private Limited, International Coil Limited, Dustech Engineers Private Limited and 5 more, all in the Machinery and Equipment industry (Compressors).
Sathya Murthy Latha Swikrith was appointed as Additional Director on 08 Jul 2025. Lathasathya was appointed as Director on 30 Sep 2019. Ramaswamy Mahalakshmi was appointed as Director on 30 Sep 2019. Indaircon Engineers has 6 board changes on record in total.
Indaircon Engineers has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 29 May 2019.
Indaircon Engineers can be reached through the website indaircon.com. Its registered office is in Bangalore, Karnataka, India.