About Kanadevia India Private Limited
Data last updated:
Kanadevia India Private Limited is a foreign private limited company based in Gurgaon, Haryana, India, a subsidiary of Hitachi Zosen Corporation. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 03 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900HR2011FTC042841. Its GSTIN is 06AACCH6555Q1Z0 (Haryana). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹80 Cr. It is led by directors including Tetsuya Kanasaka (Managing Director) and Takashi Ibe.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 503 Fifth Floor Vatika City Point Mehrauli Gurgaon Road, Haryana, India – 122002.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.64 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹41.93 Lakh (net margin -1.7%) and EBITDA of -₹8.9 Lakh (EBITDA margin -0.4%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 5% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hitachi Zosen India. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹60 Cr; the latest was in October 2018. Its 3 peer companies in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Fortune Recyclying Private Limited with revenue of ₹25.91 Cr. The company has 11 MSME Form 1 returns on record between 2021 and 2024, listing 126 overdue payments to 16 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 hz-india.com.
Company details
Contact details
Kanadevia India Private Limited's registered office is in Gurgaon, Haryana. Its website is hz-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 503 Fifth Floor Vatika City Point Mehrauli Gurgaon Road, Haryana, India – 122002
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Kanadevia 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
Kanadevia India operates one associated brand: Hitachi Zosen India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides waste treatment technologies and Energy solutions for India and Sri Lanka. | hz-india.com |
Business activity
The main business activities of Kanadevia India are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Kanadevia India Private Limited, buy the company report.
Financials of Kanadevia India Private Limited
FY 2024 filings availableKanadevia India Private Limited reported revenue of ₹24.64 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 99% 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 |
|---|---|---|---|---|---|
| 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 | -₹8.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹41.93 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.4% | ||||
| Net Profit Margin | -1.7% | ||||
| 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 Kanadevia India Private Limited, buy the company report.
Board of directors of Kanadevia India Private Limited
Kanadevia India has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Takashi Ibe Also directs: Isgec Hitachi Zosen Limited | Director | 20 May 2021 | 5 Years 5 Months | Current |
| Tetsuya Kanasaka Also directs: Isgec Hitachi Zosen Limited | Managing Director | 06 Apr 2024 | 2 Years 7 Months | Current |
| Makoto Takano | Director | 19 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Kanadevia India Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fortune Recyclying Private Limited | ₹25.91 Cr (FY 2024) | -50.0% | Vapi, Gujarat, India | |||
| Falak Metal India Private Limited | ₹25.62 Cr (FY 2025) | 168.0% | Panvel, Maharashtra, India | |||
| Kanadevia India Private Limitedthis company | ₹24.64 Cr (FY 2025) | -₹41.93 Lakh | -1.7% | 20.0% | 37 | Gurgaon, Haryana, India |
| Agrowin Green Clean Solution Private Limited | ₹24.12 Cr (FY 2024) | 106.0% | Patna, Bihar, India |
To see the full peer comparison of Kanadevia India Private Limited, buy the company report.
Shareholding
The shareholding of Kanadevia India Private Limited 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 Kanadevia India Private Limited, buy the company report.
Deals & funding
Kanadevia India Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹60 Cr; the latest was in October 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2018 | Funding round | ₹30 Cr | Investors: Hitachi Zosen Corporation |
| Jul 2014 | Funding round | ₹15 Cr | Investors: Hitachi Zosen Corporation |
| Sep 2012 | Funding round | ₹15 Cr | Investors: Hitachi Zosen Corporation |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Kanadevia India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Kanadevia India Private Limited has 11 MSME Form 1 returns on record between 2021 and 2024, listing 126 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Solcon Engineers Pvt Ltd | |||
| Flash Point | |||
| KSB Mil Controls Limited | |||
| an individual supplier | |||
| Bep Engineering Private Limited |
To see the full MSME payment records of Kanadevia India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kanadevia India Private Limited has a workforce of 37 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Kanadevia India has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCH6555Q1Z0 | Haryana | Active | 01 Jul 2017 |
| 36AACCH6555Q1ZX | Telangana | Active | 01 Jul 2017 |
| 24AACCH6555Q1Z2 | Gujarat | Active | 02 Nov 2019 |
To see the full GST registrations and return filing status of Kanadevia India Private Limited, buy the company report.
Recent activity
Kanadevia India Private Limited has 20 board changes on record since 2011: 3 appointments and 17 cessations. The latest: Tetsuya Kanasaka was appointed as Managing Director on 06 Apr 2024.
11 earlier events are in the company report.
Frequently asked questions
Kanadevia India is an active foreign private limited company based in Gurgaon, Haryana, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 03 May 2011 (15+ years old) and is registered under CIN U74900HR2011FTC042841.
Kanadevia India has 3 current directors:
- Tetsuya Kanasaka - Managing Director
- Takashi Ibe - Director
- Makoto Takano - Director
The latest financial statements of Kanadevia India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kanadevia India is 06AACCH6555Q1Z0, registered in Haryana. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 36AACCH6555Q1ZX (Telangana), 24AACCH6555Q1Z2 (Gujarat).
The CIN (Corporate Identification Number) of Kanadevia India is U74900HR2011FTC042841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanadevia India was incorporated on 03 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Kanadevia India has 3 deals on record (3 funding rounds), with disclosed funding of ₹60 Cr; the latest was in October 2018.
The peers of Kanadevia India by revenue are Fortune Recyclying Private Limited, Falak Metal India Private Limited, Agrowin Green Clean Solution Private Limited, all in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (wholesale trading).
Tetsuya Kanasaka was appointed as Managing Director on 06 Apr 2024. Tetsuya Kanasaka ceased to be Additional Director on 06 Apr 2024. Makoto Takano ceased to be Additional Director on 28 Sep 2023. Kanadevia India has 20 board changes on record in total.
Kanadevia India has 11 MSME Form 1 returns on record between 2021 and 2024, listing 126 overdue payments to 16 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Kanadevia India can be reached through the website hz-india.com. Its registered office is in Gurgaon, Haryana, India.
The registered office of Kanadevia India is at No. 503 Fifth Floor Vatika City Point Mehrauli Gurgaon Road, Haryana, India – 122002.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
