Fortune India 500 2025 edition
Rank#249- Total income
- ₹10,651 Cr
- Profit
- ₹1,781 Cr
Last year #237
International Tractors Limited - machinery and equipment in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹11,944 Cr
▲ 16% YoY
Net profit · FY 2026
₹1,877.82 Cr
Net margin 15.7%
EBITDA · FY 2026
₹2,728.21 Cr
EBITDA margin 22.8%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹5.42 Cr
Issued & subscribed
Satisfied charges
₹397.87 Cr
No open charges
Company age
31 yrs
Est. 1995
Employees · EPFO
6,010
Provident fund records
About International Tractors Limited
Data last updated:
International Tractors Limited is a public limited company based in Delhi, India. It operates in the tractors and agricultural machinery segment of the machinery and industrial equipment sector. It was incorporated on 17 October 1995 and has been in existence for over 31 years.
International Tractors is ranked #249 on the Fortune India 500 (2025).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PLC073245. Its GSTIN is 07AAACI2270H1ZU (Delhi). The company holds 28 GST registrations, of which 22 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹5.42 Cr. It was formerly known as International Tractors and Farm Equipment Ltd and International Tractors and Farm Equipment Pvt Ltd. It is led by directors including Deepak Mittal (Managing Director) and Lachman Dass Mittal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Pankaj Plaza – 1 Plot No. 2 Commercial Complex Karkardooma, Delhi, India – 110092.
As per the financials filed for FY 2026, the company reported a revenue of ₹11,944 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹1,877.82 Cr (net margin 15.7%) and EBITDA of ₹2,728.21 Cr (EBITDA margin 22.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 10% over five years.
The company has about 6,010 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Solis Tractors and Sonalika. As per MCA filings, the company has satisfied charges of ₹397.87 Cr on record. Court records list 334 cases involving the company, including 123 filed by the company and 211 filed against it; 71 cases are pending. The company has 15 deals on record (14 secondary share transfers, 1 funding round), with disclosed funding of ₹85 Cr; the latest was in September 2024. The company has 11 MSME Form 1 returns on record between 2002 and 2019, listing 115 overdue payments to 33 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sonalika.com.
Company details
CIN U74899DL1995PLC073245
Registration Number 073245
Incorporation Date 17 October 1995
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 July 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Name history
International Tractors has undergone 2 name changes throughout its history. The company was previously known as International Tractors And Farm Equipment Ltd, and International Tractors And Farm Equipment Pvt Ltd. The current legal name is International Tractors Limited.
| Company Name | Status |
|---|---|
| International Tractors Limited | Current |
| International Tractors And Farm Equipment Ltd | Previous |
| International Tractors And Farm Equipment Pvt Ltd | Previous |
CIN history
International Tractors has one previous CIN (Corporate Identification Number): U74899DL1995PTC073245. The current CIN is U74899DL1995PLC073245, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1995PLC073245 | Current |
| U74899DL1995PTC073245 | Previous |
Key People
Deepak Mittal Managing Director Lachman Dass Mittal Whole-Time Director Rahul Mittal Whole-Time Director Recognitions & Rankings of International Tractors
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#164- Valuation
- ₹38,200 Cr
2023 #175 2022 #205 2021 #211
Contact details
International Tractors Limited's registered office is in Delhi, Delhi. Its website is sonalika.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressPankaj Plaza – 1 Plot No. 2 Commercial Complex Karkardooma, Delhi, India – 110092
- IndustryMachinery and Equipment, Tractors & Agricultural Machinery
To see the full contact details of International Tractors Limited, buy the company report.
Comprehensive company report
International Tractors 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
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Brands
International Tractors operates two associated brands: Solis Tractors and Sonalika. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online platform for manufacturing farm equipment. | solisworld.com | |
| Agricultural machinery, including tractors, is manufactured and exported by Sonalika. | sonalika.com |
Business activity
The main business activity of International Tractors is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of International Tractors Limited, buy the company report.
Financials of International Tractors Limited
FY 2026 filings availableInternational Tractors Limited reported revenue of ₹11,944 Cr (up 16% YoY) for FY 2026.
Revenue · FY 2026
₹11,944 Cr ▲ 16%
Net profit · FY 2026
₹1,877.82 Cr margin 15.7%
EBITDA · FY 2026
₹2,728.21 Cr margin 22.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 10%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 21%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 16% growth in the latest year. EBITDA rose 44% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11,944 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2,728.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,877.82 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.8% | ||||
| Net Profit Margin | 15.7% | ||||
| 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 International Tractors Limited, buy the company report.
Board of directors of International Tractors Limited
International Tractors has 11 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
Showing 6 of 11 current directors. View all directors
Auditor
International Tractors Limited is audited by S.R Batliboi & Co LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R Batliboi & Co LLP | FY 2026 | 301003E/E300005 |
Shareholding
The shareholding of International Tractors Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of International Tractors Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹397.87 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2019 | 100277343 | State Bank of India | ₹30 Cr | Satisfied | |
| 30 May 2016 | 100036362 | The Hongkong and Shanghai Banking Corporation Limited | ₹100 Cr | Satisfied | |
| 26 Sep 2014 | 10522698 | Kotak Mahindra Bank Limited | ₹20 Cr | Satisfied | |
| 01 Jul 2014 | 10510082 | The Hongkong and Shanghai Banking Corporation Limited | ₹122 Cr | Satisfied | |
| 30 Mar 2006 | 10000691 | Export Import Bank of India | ₹19.77 Cr | Satisfied |
To see the full charge records of International Tractors Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
International Tractors Limited has 15 deals on record (14 secondary share transfers, 1 funding round), with disclosed funding of ₹85 Cr; the latest was in September 2024.
Total deals
15
Secondary share transfers
14
Funding round
1
Disclosed funding
₹85 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Seller: Yanmar Investment Partnership (Singapore) Private Limited, 3 individuals |
| May 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: Blackstone Advisors India Seller: JM Financial Private Equity |
To see the full deal history of International Tractors Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
International Tractors Limited has 334 court cases on record: 123 filed by International Tractors, 211 filed against it. 71 cases are pending and 263 are disposed.
Total cases
334
Filed by the company
123
Filed against the company
211
Pending
71
Disposed
263
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 207 | 141 | 46 |
| High courts | 101 | 52 | 22 |
| Supreme Court | 25 | 17 | 3 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 334)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1511MISC-Criminal Law : Criminal matters other than covered by the aforesaid categories(SLPs arising out of quashing applications, orders framing charge, summoning orders, interim orders in criminal matters, withdrawal of prosecution, orders for further investigation/re-investigation etc.) | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Commercial suit | Filed against the company by Swarnim Investment and Finance Pvt Ltd | Pending |
| District court, Hoshiarpur, Punjab | Execution petition | Filed by the company against HDFC Bank Limited | Pending |
| High Court of Madhya Pradesh | Revision petition | Filed against the company by National Insurance Company Limited | Pending |
| High Court of Punjab and Haryana | Appeal | Filed against the company by HDFC Bank Ltd. | Pending |
To see the full case history of International Tractors Limited, 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.
Credit ratings & regulatory alerts
International Tractors Limited was last rated by Icra on 31 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 May 2022 |
To see the full credit ratings and regulatory alerts of International Tractors Limited, buy the company report.
MSME payment delays
International Tractors Limited has 11 MSME Form 1 returns on record between 2002 and 2019, listing 115 overdue payments to 33 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 (5 of 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| M & M Machine Craft Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| FBT Private Limited |
To see the full MSME payment records of International Tractors Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
International Tractors has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Solis Tractors Private Limited | U30920PB2021PTC053420 | |
| Autotrac Finance Limited | U65100DL2001PLC111486 |
To see the full group structure of International Tractors Limited, buy the company report.
Employees & EPFO
International Tractors Limited has a workforce of 6,010 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
Employee count
6,010
Active EPFO establishments
1
Employee growth
5.46%
GST
International Tractors has 28 GST registrations: 22 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
28
Active
22
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACI2270H1ZU | Delhi | Active | 01 Jul 2017 |
| 07AAACI2270H3ZS | Delhi | Active | 14 Apr 2025 |
| 03AAACI2270H1Z2 | Punjab | Active | 01 Jul 2017 |
| 06AAACI2270H1ZW | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of International Tractors Limited, buy the company report.
Recent activity
International Tractors Limited has 77 board changes on record since 1995: 44 appointments and 33 cessations. The latest: Norio Iwano was appointed as Nominee Director on 11 Mar 2024.
AGM
International Tractors Limited last Annual general meeting of members was held on 29 Jul 2026 as per latest MCA records.
Filing
International Tractors Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
Appointed
Norio Iwano was appointed as Nominee Director.
Ceased
Akihiko Hiraoka ceased to be Nominee Director.
Appointed
Tetsuya Yamamoto was appointed as Nominee Director.
Ceased
Naoki Kobayashi ceased to be Nominee Director.
Ceased
Shivani Malhotra ceased to be Director.
Appointed
Ajay Jain was appointed as Director.
Charges
A charge registered on 01 Jul 2014 via Charge ID 10510082 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 16 Jan 2023.
Charges
A charge registered on 15 May 2019 via Charge ID 100277343 with State Bank Of India was fully satisfied on 14 Jul 2022.
Charges
A charge registered on 14 Jan 2002 via Charge ID 90048843 with Others was fully satisfied on 18 Jun 2022.
Charges
A charge registered on 23 Oct 1998 via Charge ID 90047300 with Others was fully satisfied on 10 Jun 2022.
96 earlier events are in the company report.
News
Frequently asked questions
International Tractors is an active public limited company based in Delhi, India. The company works in tractors and agricultural machinery, within the machinery and equipment industry. It was incorporated on 17 October 1995 (31+ years old) and is registered under CIN U74899DL1995PLC073245.
International Tractors has 11 current directors:
- Deepak Mittal - Managing Director
- Lachman Dass Mittal - Whole-Time Director
- Rahul Mittal - Whole-Time Director
- Priya Tosh Sood - Whole-Time Director
- Amrit Sagar Mittal - Whole-Time Director
- Raman Mittal - Whole-Time Director
- Sushant Sagar Mittal - Whole-Time Director
- Geetanjali Kalra - Director
- Ajay Jain - Director
- Norio Iwano - Nominee Director
- Tetsuya Yamamoto - Nominee Director
The latest financial statements of International Tractors on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 July 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of International Tractors is 07AAACI2270H1ZU, registered in Delhi. The company has 28 GST registrations in all, of which 22 are active and 6 are cancelled or inactive. Other active GSTINs include 07AAACI2270H3ZS (Delhi), 03AAACI2270H1Z2 (Punjab), 06AAACI2270H1ZW (Haryana).
The CIN (Corporate Identification Number) of International Tractors is U74899DL1995PLC073245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
International Tractors has 334 court cases on record: 123 filed by the company and 211 filed against it. 71 are pending. Most are in the district courts.
International Tractors was incorporated on 17 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
International Tractors has 15 deals on record (14 secondary share transfers, 1 funding round), with disclosed funding of ₹85 Cr; the latest was in September 2024.
Norio Iwano was appointed as Nominee Director on 11 Mar 2024. Akihiko Hiraoka ceased to be Nominee Director on 26 Feb 2024. Tetsuya Yamamoto was appointed as Nominee Director on 27 Sep 2023. International Tractors has 77 board changes on record in total.
International Tractors has 11 MSME Form 1 returns on record between 2002 and 2019, listing 115 overdue payments to 33 micro and small suppliers. The latest return was filed on 28 May 2019.
International Tractors can be reached through the website sonalika.com. Its registered office is in Delhi, India.
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