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About Induction Equipments(India)Pvt Ltd
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Induction Equipments(India)Pvt Ltd is a private limited company based in Pune, Maharashtra, India, a subsidiary of Saet S.P.A.. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 13 March 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31909PN1987PTC042878. Its GSTIN is 27AAACI3884K1Z7 (Maharashtra).
The company has an authorised share capital of ₹20.8 Cr and a paid-up capital of ₹54.27 Lakh. It is led by directors Patrick William Fogarty and Sanjay Venkatesh Deshpande.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at T 117 Bhosariindustrial Estate, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2023, the company reported a revenue of ₹30.98 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹1.93 Cr (net margin 6.2%) and EBITDA of ₹11.39 Cr (EBITDA margin 36.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹4.06 Cr on record. Court records list 6 cases involving the company, including 6 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 inductionindia.com.
Company details
CIN history
Induction Equipments(India) has one previous CIN (Corporate Identification Number): U31909MH1987PTC042878. The current CIN is U31909PN1987PTC042878, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31909PN1987PTC042878 | Current |
| U31909MH1987PTC042878 | Previous |
Contact details
Induction Equipments(India)Pvt Ltd's registered office is in Pune, Maharashtra. Its website is inductionindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressT 117 Bhosariindustrial Estate, Pune, Maharashtra, India – 411026
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Induction Equipments(India)Pvt Ltd, 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
Financials of Induction Equipments(India)Pvt Ltd
FY 2025 filings availableInduction Equipments(India)Pvt Ltd reported revenue of ₹30.98 Cr (up 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 27% growth in the latest year. EBITDA rose 413% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹30.98 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.93 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.8% | ||||
| Net Profit Margin | 6.2% | ||||
| 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 Induction Equipments(India)Pvt Ltd, buy the company report.
Board of directors of Induction Equipments(India)Pvt Ltd
Induction Equipments(India) has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Patrick William Fogarty | Director | 28 Oct 2015 | 10 Years 11 Months | Current |
| Sanjay Venkatesh Deshpande | Director | 28 Oct 2015 | 10 Years 11 Months | Current |
Auditor
Induction Equipments(India)Pvt Ltd is audited by MEHRA GOEL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHRA GOEL & CO. | FY 2023 | 000517N |
Shareholding
The shareholding of Induction Equipments(India)Pvt Ltd 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 Induction Equipments(India)Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2011 | 10281716 | Hdfc Bank Limited | ₹4 Cr | Open | |
| 17 Apr 2006 | 10004855 | Oriental Bank of Commerce | ₹7.5 Lakh | Satisfied | |
| 07 Feb 2006 | 80003832 | Oriental Bank of Commerce | ₹2.6 Cr | Satisfied | |
| 03 Nov 1995 | 90090211 | The Cosmos Coperative Bank Ltd. | ₹90 Lakh | Satisfied | |
| 22 Aug 1990 | 90083684 | The British Bank of the Middle East | ₹40 Lakh | Satisfied |
To see the full charge records of Induction Equipments(India)Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Induction Equipments(India)Pvt Ltd has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M.A.-IDA-Reston.) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M.A.-IDA-Reston.) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M.A.-IDA-Reston.) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed against the company by an individual | Disposed |
To see the full case history of Induction Equipments(India)Pvt Ltd, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Induction Equipments(India)Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Induction Equipments(India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI3884K1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Induction Equipments(India)Pvt Ltd, buy the company report.
Recent activity
Induction Equipments(India)Pvt Ltd has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Thomas Martin Illencik ceased to be Director on 31 Oct 2024.
18 earlier events are in the company report.
Frequently asked questions
Induction Equipments(India) is an active private limited company based in Pune, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 13 March 1987 (39+ years old) and is registered under CIN U31909PN1987PTC042878.
Induction Equipments(India) has 2 current directors:
- Patrick William Fogarty - Director
- Sanjay Venkatesh Deshpande - Director
The latest financial statements of Induction Equipments(India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Induction Equipments(India) is 27AAACI3884K1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Induction Equipments(India) is U31909PN1987PTC042878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Induction Equipments(India) has 6 court cases on record: 6 filed against it.
Induction Equipments(India) was incorporated on 13 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Pune.
Thomas Martin Illencik ceased to be Director on 31 Oct 2024. Kumar Pribhdas Mahbubani ceased to be Director on 15 Feb 2016. Sanjay Premi ceased to be Director on 15 Feb 2016. Induction Equipments(India) has 11 board changes on record in total.
Induction Equipments(India) can be reached through the website inductionindia.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Induction Equipments(India) is at T 117 Bhosariindustrial Estate, Pune, Maharashtra, India – 411026.