Kalmar India Private Limited

Kalmar India Private Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U29150MH2007FTC195775 Incorporated 14 February 2007 ROC Mumbai HQ Thane, Maharashtra, India
Active Foreign Private Limited Company information technology MSME · Medium
Data last updated
Revenue · FY 2025
₹135.52 Cr
▲ 26% YoY
Net profit · FY 2025
₹10.72 Cr
Net margin 7.9%
EBITDA · FY 2025
₹14.94 Cr
EBITDA margin 11%
Authorised capital
₹94.7 Cr
Registered with MCA
Paid-up capital
₹91.56 Cr
Issued & subscribed
Company age
19 yrs
Est. 2007
Employees · EPFO
62
Provident fund records
Directors on board
5
As per MCA filings

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

CIN U29150MH2007FTC195775
Registration Number 195775
Incorporation Date 14 February 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Cargotec Sweden Ab
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0000110

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 NameStatus
Kalmar India Private LimitedCurrent
Hiab Load Handling Equipment Private LimitedPrevious

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.

CINStatus
U29150MH2007FTC195775Current
U29150KA2007FTC041773Previous

Recognitions & Rankings of Kalmar India

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-33-0000110

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
  • Social Media
  • Registered Address
    A – 149/4 Ttc Industrial Area MIDC Pawane, Thane Belapur Road Navi Mumbai, Maharashtra, India – 400706
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Kalmar India Private Limited, buy the company report.

Comprehensive company report
Kalmar India Private 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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Secure checkout · GST invoice included

Brands

Kalmar India operates two associated brands: Kalmar and Cargotec. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading
CManufacturingC12Repair & 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 available

Kalmar India Private Limited reported revenue of ₹135.52 Cr (up 26% YoY) for FY 2025.

Revenue · FY 2025
₹135.52 Cr ▲ 26%
Net profit · FY 2025
₹10.72 Cr margin 7.9%
EBITDA · FY 2025
₹14.94 Cr margin 11%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 6%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 13%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹14.94 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.72 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11%
Net Profit Margin7.9%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Bijoo Uttamkumar RamrakhianiDirector22 Oct 20197 Years 0 MonthsCurrent
Gino DeramoDirector05 Oct 20206 Years 0 MonthsCurrent
Vikram Bhaskar NayakManaging Director24 Jan 20233 Years 8 MonthsCurrent
Alejandaro Martinez PoloDirector22 Jul 20242 Years 3 MonthsCurrent
Vili Mikael Kalevi HytinanttiDirector22 Jul 20242 Years 3 MonthsCurrent

Auditor

Kalmar India Private Limited is audited by SRBC & Co LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SRBC & Co LLPFY 2023324982E/ 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 categoryFY 2021FY 2020FY 2019FY 2018FY 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.

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)

SupplierAmount dueDue sinceReported 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.

Employee count
62
Active EPFO establishments
4
Employee growth
-17.33%

GST

Kalmar India has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
7
Active
6
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AABCH8289A1ZJMaharashtraActive01 Jul 2017
27AABCH8289A2ZIMaharashtraActive01 Apr 2025
19AABCH8289A1ZGWest BengalActive01 Jul 2017
24AABCH8289A1ZPGujaratActive01 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.

AGM
Kalmar India Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Kalmar India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Alejandaro Martinez Polo was appointed as Director.
Appointed
Vili Mikael Kalevi Hytinantti was appointed as Director.
Appointed
Vikram Bhaskar Nayak was appointed as Managing Director.
Ceased
Suresh Kumar Makani Chandra ceased to be Managing Director.
Appointed
Gino Deramo was appointed as Director.
Ceased
Dan Niklas Pettersson ceased to be Director.
Appointed
Bijoo Uttamkumar Ramrakhiani was appointed as Director.
Ceased
Thomas Karl Johan Koskimaa ceased to be Director.
Ceased
Perur Phaneendra ceased to be Company Secretary.
Ceased
Loh Swee Peng ceased to be Director.

26 earlier events are in the company report.

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:

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.