- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0000110

About Kalmar India Private Limited
Data last updated:
Kalmar India Private Limited is a foreign private limited company based in Thane, Maharashtra, India, a subsidiary of Cargotec Sweden Ab. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29150MH2007FTC195775. Its GSTIN is 27AABCH8289A1ZJ (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹94.7 Cr and a paid-up capital of ₹91.56 Cr. It was formerly known as Hiab Load Handling Equipment Private Limited. It is led by directors including Vikram Bhaskar Nayak (Managing Director) and Bijoo Uttamkumar Ramrakhiani.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 149/4 Ttc Industrial Area MIDC Pawane, Thane Belapur Road Navi Mumbai, Maharashtra, India – 400706.
As per the financials filed for FY 2025, the company reported a revenue of ₹135.52 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹10.72 Cr (net margin 7.9%) and EBITDA of ₹14.94 Cr (EBITDA margin 11%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The company has about 62 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Kalmar and Cargotec. Court records list 36 cases involving the company, including 28 filed by the company and 8 filed against it; 5 cases are pending.
Kalmar India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0000110). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cargotec.com.
Company details
Name history
Kalmar India has undergone 2 name changes throughout its history. The company was previously known as Hiab Load Handling Equipment Private Limited, and Kalmar India Private Limited. The current legal name is Kalmar India Private Limited.
| Company Name | Status |
|---|---|
| Kalmar India Private Limited | Current |
| Hiab Load Handling Equipment Private Limited | Previous |
CIN history
Kalmar India has one previous CIN (Corporate Identification Number): U29150KA2007FTC041773. The current CIN is U29150MH2007FTC195775, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29150MH2007FTC195775 | Current |
| U29150KA2007FTC041773 | Previous |
Recognitions & Rankings of Kalmar India
Contact details
Kalmar India Private Limited's registered office is in Thane, Maharashtra. Its website is cargotec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 149/4 Ttc Industrial Area MIDC Pawane, Thane Belapur Road Navi Mumbai, Maharashtra, India – 400706
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Kalmar India Private 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
Brands
Kalmar India operates two associated brands: Kalmar and Cargotec. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Tractors and truck services are provided globally by Kalmar. | kalmarglobal.com | |
| On-road load handling equipment is manufactured for various industries. | cargotec.com |
Business activity
The main business activities of Kalmar India are trade and manufacturing. In detail, this covers retail trading and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Kalmar India Private Limited, buy the company report.
Financials of Kalmar India Private Limited
FY 2025 filings availableKalmar India Private Limited reported revenue of ₹135.52 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 13% 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 | ₹14.94 Cr | ||||
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| Net Profit (PAT) | ₹10.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 7.9% | ||||
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To see the full financial statements and ratios of Kalmar India Private Limited, buy the company report.
Board of directors of Kalmar India Private Limited
Kalmar India has 5 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bijoo Uttamkumar Ramrakhiani | Director | 22 Oct 2019 | 7 Years 0 Months | Current |
| Gino Deramo | Director | 05 Oct 2020 | 6 Years 0 Months | Current |
| Vikram Bhaskar Nayak | Managing Director | 24 Jan 2023 | 3 Years 8 Months | Current |
| Alejandaro Martinez Polo | Director | 22 Jul 2024 | 2 Years 3 Months | Current |
| Vili Mikael Kalevi Hytinantti | Director | 22 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Kalmar India Private Limited is audited by SRBC & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRBC & Co LLP | FY 2023 | 324982E/ E300003 |
Shareholding
The shareholding of Kalmar India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kalmar India Private Limited, buy the company report.
Legal cases
Kalmar India Private Limited has 36 court cases on record: 28 filed by Kalmar India, 8 filed against it. 5 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 2 | 3 |
| District courts | 11 | 6 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Multitrack Engineering Pvt.Ltd. | Disposed |
| High Court of Karnataka | Revision petition | Filed against the company by Multitrack Engineering Pvt Ltd | Disposed |
| High Court of Karnataka | Court case (STRP) | Filed by the company against Deputy Commissioner of Commercial Tax | Pending |
| District court, Thane, Maharashtra | Court case (Spl .Dkst) | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against Employees State Insurance Corporation S R O Thane | Pending |
To see the full case history of Kalmar India Private 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.
MSME payment delays
Kalmar India Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 38 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Canara Hydraulics Private Limited | |||
| Sico Vinyl Private Limited | |||
| VNM Hydrotek | |||
| Kabelschlepp India Private Limited | |||
| Excel Controlinkage Private Limited |
To see the full MSME payment records of Kalmar India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kalmar India Private Limited has a workforce of 62 employees on its EPFO records as of Apr 07, 2024, across 4 active EPFO establishments.
GST
Kalmar India has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH8289A1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 27AABCH8289A2ZI | Maharashtra | Active | 01 Apr 2025 |
| 19AABCH8289A1ZG | West Bengal | Active | 01 Jul 2017 |
| 24AABCH8289A1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kalmar India Private Limited, buy the company report.
Recent activity
Kalmar India Private Limited has 35 board changes on record since 2007: 20 appointments and 15 cessations. The latest: Alejandaro Martinez Polo was appointed as Director on 22 Jul 2024.
26 earlier events are in the company report.
News
Frequently asked questions
Kalmar India is an active foreign private limited company based in Thane, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 February 2007 (19+ years old) and is registered under CIN U29150MH2007FTC195775.
Kalmar India has 5 current directors:
- Vikram Bhaskar Nayak - Managing Director
- Bijoo Uttamkumar Ramrakhiani - Director
- Gino Deramo - Director
- Alejandaro Martinez Polo - Director
- Vili Mikael Kalevi Hytinantti - Director
The latest financial statements of Kalmar India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kalmar India is 27AABCH8289A1ZJ, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 27AABCH8289A2ZI (Maharashtra), 19AABCH8289A1ZG (West Bengal), 24AABCH8289A1ZP (Gujarat).
The CIN (Corporate Identification Number) of Kalmar India is U29150MH2007FTC195775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kalmar India has 36 court cases on record: 28 filed by the company and 8 filed against it. 5 are pending. Most are in the high courts.
Kalmar India was incorporated on 14 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Alejandaro Martinez Polo was appointed as Director on 22 Jul 2024. Vili Mikael Kalevi Hytinantti was appointed as Director on 22 Jul 2024. Vikram Bhaskar Nayak was appointed as Managing Director on 24 Jan 2023. Kalmar India has 35 board changes on record in total.
Yes, Kalmar India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0000110).
Kalmar India has 9 MSME Form 1 returns on record between 2019 and 2023, listing 38 overdue payments to 12 micro and small suppliers. The latest return was filed on 27 Oct 2023.
Kalmar India can be reached through the website cargotec.com. Its registered office is in Thane, Maharashtra, India.