About Indo-Russian Helicopters Limited
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Indo-Russian Helicopters Limited is a private limited union government company based in Bangalore, Karnataka, India, a subsidiary of Hindustan Aeronautics Limited. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 02 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35999KA2017GOI102728.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Anton Olegovich Shiianovskii and Sundaramurthy Nirmala.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 15/1 Cubbon Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.43 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹16.38 Lakh (net margin -31.2%) and EBITDA of -₹16.38 Lakh (EBITDA margin -31.2%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹10 Cr 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 hal-india.co.in.
Company details
Contact details
Indo-Russian Helicopters Limited's registered office is in Bangalore, Karnataka. Its website is hal-india.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address15/1 Cubbon Road, Bangalore, Karnataka, India – 560001
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
To see the full contact details of Indo-Russian Helicopters 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
Business activity
The main business activity of Indo-Russian Helicopters 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 |
Financials of Indo-Russian Helicopters Limited
FY 2025 filings availableIndo-Russian Helicopters Limited reported revenue of ₹52.43 Lakh (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 16% 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 | -₹16.38 Lakh | ||||
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| Net Profit (PAT) | -₹16.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -31.2% | ||||
| Net Profit Margin | -31.2% | ||||
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To see the full financial statements and ratios of Indo-Russian Helicopters Limited, buy the company report.
Board of directors of Indo-Russian Helicopters Limited
Indo-Russian Helicopters has 8 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anton Olegovich Shiianovskii Also directs: Integrated Helicopter Services Private Limited | Nominee Director | 26 Dec 2023 | 2 Years 10 Months | Current |
| Sundaramurthy Nirmala | Nominee Director | 25 Apr 2024 | 2 Years 6 Months | Current |
| Basava Rangarao Peddireddi | Nominee Director | 28 Sep 2022 | 4 Years 1 Months | Current |
| Viacheslav Vladimirovich Kozlov Also directs: Indo- Russian Rifles Private Limited | Nominee Director | 02 May 2017 | 9 Years 6 Months | Current |
| Ravi Malhotra Also directs: Hatsoff Helicopter Training Private Limited | Nominee Director | 15 Oct 2018 | 8 Years 0 Months | Current |
| Elena Alekseevna Radaeva | Nominee Director | 06 May 2025 | 1 Years 6 Months | Current |
Auditor
Indo-Russian Helicopters Limited is audited by R H G & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R H G & Associates | FY 2023 | 011682S |
Shareholding
The shareholding of Indo-Russian Helicopters 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indo-Russian Helicopters Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2018 | 100206483 | State Bank of India | ₹10 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Indo-Russian Helicopters Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indo-Russian Helicopters Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Indo-Russian Helicopters Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indo-Russian Helicopters Limited has 33 board changes on record since 2017: 10 appointments and 23 cessations. The latest: Shivanna Krishnappa was appointed as Nominee Director on 09 Sep 2025.
25 earlier events are in the company report.
Frequently asked questions
Indo-Russian Helicopters is an active private limited union government company based in Bangalore, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 02 May 2017 (9+ years old) and is registered under CIN U35999KA2017GOI102728.
Indo-Russian Helicopters has 8 current directors:
- Anton Olegovich Shiianovskii - Nominee Director
- Sundaramurthy Nirmala - Nominee Director
- Basava Rangarao Peddireddi - Nominee Director
- Viacheslav Vladimirovich Kozlov - Nominee Director
- Ravi Malhotra - Nominee Director
- Elena Alekseevna Radaeva - Nominee Director
- Nikolay Gennadievich Ivanov - Nominee Director
- Shivanna Krishnappa - Nominee Director
The latest financial statements of Indo-Russian Helicopters on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Indo-Russian Helicopters is U35999KA2017GOI102728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indo-Russian Helicopters was incorporated on 02 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Shivanna Krishnappa was appointed as Nominee Director on 09 Sep 2025. Elena Alekseevna Radaeva was appointed as Nominee Director on 06 May 2025. Nikolay Gennadievich Ivanov was appointed as Nominee Director on 27 Dec 2024. Indo-Russian Helicopters has 33 board changes on record in total.
Indo-Russian Helicopters can be reached through the website hal-india.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Indo-Russian Helicopters is at 151 Cubbon Road, Bangalore, Karnataka, India – 560001.
Indo-Russian Helicopters operates in the transport and logistics industry, in the aircraft and component manufacturing segment.
Indo-Russian Helicopters has open charges of ₹10 Cr and no satisfied charges on record as per latest MCA filings.
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