About Itt Engineering India Private Limited
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Itt Engineering India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Itt S.P.A. It operates in the engineering sector. It was incorporated on 13 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2020PTC339350. Its GSTIN is 27AAFCI6267B1ZM (Maharashtra). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹61.31 Lakh. It is led by directors Madras Subramanian Shriram (Whole-Time Director) and Deepak Keshav More.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹91.88 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.16 Cr (net margin 11.1%) and EBITDA of ₹14.03 Cr (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 182% over three years.
The company has about 40 employees on its provident fund (EPFO) records.
The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹1.21 Cr; the latest was in January 2022. Its 10 peer companies in the Engineering industry (Engineering Procurement and Construction) are compared by revenue, 5 larger and 5 smaller; the largest is Sattva Engineering Construction Limited with revenue of ₹94.85 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 3 overdue payments to 2 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 ittki.it.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address6th Floor L&T Tc – IV Tower Saki Vihar Road, Near L & T Gate No 5 Powai, Mumbai, Maharashtra, India – 400072
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
- 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 Itt Engineering India Private Limited
The main business activity of Itt Engineering India is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | 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 Itt Engineering India Private Limited FY 2025 filings available
Itt Engineering India Private Limited reported revenue of ₹91.88 Cr (up 294% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Itt Engineering India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 182% over three years, including 294% growth in the latest year. EBITDA rose 648% 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 Itt Engineering India Private Limited
| Metrics | 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 | ₹14.03 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.16 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 Itt Engineering India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 15.3% | •••• | •••• | •••• |
| Net Profit Margin | 11.1% | •••• | •••• | •••• |
| 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 Itt Engineering India are in the company report.
Financial statements from FY 2021
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 Itt Engineering India Private Limited
Itt Engineering India Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sattva Engineering Construction Limited | ₹94.85 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Chennai, Tamil Nadu, India |
| Novatech Projects (I) Private Limited | ₹94.4 Cr (FY 2022) | •••• | •••• | 31.0% | •••• | Thane, Maharashtra, India |
| Mason Infratech Limited | ₹93.98 Cr (FY 2024) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Naveen Merico Engineering Co. Private Limited | ₹93.55 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Kolkata, West Bengal, India |
| Satnam Global Infraprojects Limited | ₹92.97 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Delhi, India |
| Itt Engineering India Private Limited this company | ₹91.88 Cr (FY 2024) | •••• | •••• | 294.0% | •••• | Mumbai, Maharashtra, India |
| Dharshini Engineering Private Limited | ₹91.76 Cr (FY 2024) | •••• | •••• | 435.0% | •••• | Tindivanam, Tamil Nadu, India |
| Sinoea Technological Engineering (India) Private Limited | ₹91.68 Cr (FY 2025) | •••• | •••• | 627.0% | •••• | Delhi, India |
| Arun Engineering Projects Private Limited | ₹91.5 Cr (FY 2024) | •••• | •••• | 88.0% | •••• | Bangalore, Karnataka, India |
| Shekhawati Entrepreneur Private Limited | ₹91.28 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Sikar, Rajasthan, India |
| Hemair Systems India Limited | ₹91.01 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | R.C.Puram, Telangana, India |
Peers are the five companies nearest above and the five nearest below Itt Engineering India by revenue in the Engineering industry (Engineering Procurement and Construction), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Itt Engineering India Private Limited
Itt Engineering India Private Limited is audited by RAGHU IYER & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAGHU IYER & ASSOCIATES | 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 Itt Engineering India Private Limited
Itt Engineering India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Keshav More Also directs: Asiacap Investment Advisors Private Limited | Director | 13 Apr 2020 | 6 Years 5 Months | Current |
| Madras Subramanian Shriram | Whole-Time Director | 25 Apr 2020 | 6 Years 5 Months | Current |
Ownership and Shareholding of Itt Engineering India 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 Itt Engineering India Private Limited
Itt Engineering India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Itt Engineering India Private Limited
Itt Engineering India Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹1.21 Cr; the latest was in January 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Funding round | ₹1.21 Cr | Investors: ITT Holdings SRL |
| Jul 2020 | Rights issue | ₹55.2 Lakh | Investors: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Itt Engineering India Private Limited
Itt Engineering India Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 3 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Castwel Industries Private Limited | •••• | •••• | •••• |
| Boldrocchi India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 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.
Employees and EPFO Compliance at Itt Engineering India Private Limited
Itt Engineering India Private Limited has a workforce of 40 employees as of May 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 Itt Engineering India Private Limited
Itt Engineering India Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Rushabh Vijay Salgaonkar ceased to be Director on 07 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts for Itt Engineering India 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 Itt Engineering India 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 Itt Engineering India Private Limited
Itt Engineering India has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI6267B1ZM | Maharashtra | Active | 13 Apr 2020 |
| 37AAFCI6267B1ZL | Andhra Pradesh | Active | 27 Jan 2021 |
| 09AAFCI6267B1ZK | Uttar Pradesh | Active | 18 May 2022 |
| 24AAFCI6267B1ZS | Gujarat | Active | 13 Oct 2022 |
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 Itt Engineering India 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 Itt Engineering India Private Limited
Itt Engineering India is an active private limited company based in Mumbai, Maharashtra, India. The company works in the engineering industry. It was incorporated on 13 April 2020 (6+ years old) and is registered under CIN U74999MH2020PTC339350.
Itt Engineering India reported revenue of ₹91.88 Cr for FY 2024 (up 294% YoY).
Itt Engineering India has 2 current directors:
- Madras Subramanian Shriram - Whole-Time Director
- Deepak Keshav More - Director
Itt Engineering India reported a net profit of ₹10.16 Cr (net margin 11.1%) and EBITDA of ₹14.03 Cr (EBITDA margin 15.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Itt Engineering India is 182% over three years. In the latest year (FY 2024) revenue rose 294%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Itt Engineering India is 27AAFCI6267B1ZM, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 37AAFCI6267B1ZL (Andhra Pradesh), 09AAFCI6267B1ZK (Uttar Pradesh), 24AAFCI6267B1ZS (Gujarat).
The CIN (Corporate Identification Number) of Itt Engineering India is U74999MH2020PTC339350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itt Engineering India was incorporated on 13 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Itt Engineering India has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹1.21 Cr; the latest was in January 2022.
The peers of Itt Engineering India by revenue are Sattva Engineering Construction Limited, Novatech Projects (I) Private Limited, Mason Infratech Limited, Naveen Merico Engineering Co. Private Limited, Satnam Global Infraprojects Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).
Rushabh Vijay Salgaonkar ceased to be Director on 07 Feb 2022. Madras Subramanian Shriram ceased to be Whole-Time Director on 29 Nov 2021. Paolo Nannini ceased to be Director on 29 Nov 2021. Itt Engineering India has 5 board changes on record in total.
Itt Engineering India has 3 MSME Form 1 returns on record between 2023 and 2024, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 24 Apr 2024.