- Category
- Medium (2023-24)
- Udyam number
- UDYAM-KL-13-0000008

About KSB Mil Controls Limited
Data last updated:
KSB Mil Controls Limited is a public limited company based in Thrissur, Kerala, India, a subsidiary of Ksb Se & Co. Kgaa. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 27 May 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U32107KL1983PLC003725. Its GSTIN is 32AABCM1515G1Z4 (Kerala).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Masoneilan (I) Ltd. and Masoneilan Valves (I) Ltd. It is led by directors including Mahesh Sindhu Nivas (Managing Director) and Sharmila Barua Roychowdhury.
Its last annual general meeting (AGM) was held on 26 May 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Meladoor Annamanada, Thrissur, Kerala, India – 680741.
As per the financials filed for FY 2024, the company reported a revenue of ₹286.52 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹27.36 Cr (net margin 9.5%) and EBITDA of ₹44.89 Cr (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company has about 266 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40 Cr and satisfied charges of ₹67 Cr on record. Court records list 31 cases involving the company, including 24 filed by the company and 7 filed against it.
KSB Mil Controls Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-13-0000008). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ksb.com.
Company details
Name history
KSB Mil Controls has undergone 3 name changes throughout its history. The company was previously known as Masoneilan (I) Ltd., Masoneilan Valves (I) Ltd., and Mil Controls Limited. The current legal name is Ksb Mil Controls Limited.
| Company Name | Status |
|---|---|
| KSB Mil Controls Limited | Current |
| Masoneilan (I) Ltd. | Previous |
| Masoneilan Valves (I) Ltd. | Previous |
| Mil Controls Limited | Previous |
Recognitions & Rankings of KSB Mil Controls
Contact details
KSB Mil Controls Limited's registered office is in Thrissur, Kerala. Its website is ksb.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMeladoor Annamanada, Thrissur, Kerala, India – 680741
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of KSB Mil Controls 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
Financials of KSB Mil Controls Limited
FY 2024 filings availableKSB Mil Controls Limited reported revenue of ₹286.52 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 18% growth in the latest year. EBITDA rose 36% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹44.89 Cr | ||||
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| Net Profit (PAT) | ₹27.36 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.7% | ||||
| Net Profit Margin | 9.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of KSB Mil Controls Limited, buy the company report.
Board of directors of KSB Mil Controls Limited
KSB Mil Controls has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharmila Barua Roychowdhury Also directs: KSB Limited, Willord Enterprises Private Limited | Director | 19 Mar 2025 | 1 Years 7 Months | Current |
| Stephan Bross Also directs: KSB Limited | Director | 29 Dec 2021 | 4 Years 9 Months | Current |
| Rajeev Jayantiprasad Jain | Director | 01 Jul 2016 | 10 Years 3 Months | Current |
| Mahesh Sindhu Nivas | Managing Director | 22 Aug 2017 | 9 Years 2 Months | Current |
| Pradeep Sakharam Joshi | Director | 19 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
KSB Mil Controls Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aira Euro Automation Private Limited | ₹330.13 Cr (FY 2025) | 47.0% | Ahmedabad, Gujarat, India | |||
| Crane Process Flow Technologies (India) Private Limited | ₹320.28 Cr (FY 2024) | 18.0% | Pune, Maharashtra, India | |||
| Rotex Automation Limited | ₹314.19 Cr (FY 2025) | 5.0% | Vadodara, Gujarat, India | |||
| Nirmal Industrial Controls Private Limited | ₹300.03 Cr (FY 2024) | 30.0% | Mumbai, Maharashtra, India | |||
| Captain Polyplast Limited | ₹289.77 Cr (FY 2025) | -3.0% | Rajkot, Gujarat, India | |||
| KSB Mil Controls Limitedthis company | ₹286.52 Cr (FY 2024) | ₹27.36 Cr | 9.5% | 18.0% | 266 | Thrissur, Kerala, India |
| Severn Glocon India Private Limited | ₹281.46 Cr (FY 2021) | -15.0% | Chennai, Tamil Nadu, India | |||
| Duflon Industries Private Limited | ₹274.97 Cr (FY 2024) | 12.0% | Raigad, Maharashtra, India | |||
| Flow Link Systems Private Limited | ₹239.53 Cr (FY 2025) | -12.0% | Coimbatore, Tamil Nadu, India | |||
| Wika Process Solutions India Private Limited | ₹239.09 Cr (FY 2025) | 34.0% | Palwal, Haryana, India | |||
| Sri Energy Valves Private Limited | ₹235.9 Cr (FY 2025) | -8.0% | Pudukkottai, Tamil Nadu, India |
To see the full peer comparison of KSB Mil Controls Limited, buy the company report.
Auditor
KSB Mil Controls Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of KSB Mil Controls 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 KSB Mil Controls Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2018 | 100211648 | Hdfc Bank Limited | ₹15 Cr | Satisfied | |
| 19 Dec 2007 | 10085278 | Canara Bank | ₹40 Cr | Satisfied | |
| 21 Mar 1996 | 90022223 | Canara Bank | ₹50 Lakh | Satisfied | |
| 06 Nov 1995 | 90022192 | Canara Bank | ₹30 Lakh | Satisfied | |
| 28 Jul 1995 | 90022161 | Canara Bank | ₹14.89 Lakh | Satisfied |
To see the full charge records of KSB Mil Controls Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
KSB Mil Controls Limited has 31 court cases on record: 24 filed by KSB Mil Controls, 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 7 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, Kerala | Appeal | Filed by the company against Mr. Savan Godiawala Resolution Professional M/S. Lanco Infratech Limited and 2 others | Disposed |
| High Court | Writ petition | Filed by the company against HDFC Bank Ltd and 2 others | Disposed |
| Bombay High Court | Company petition | Filed by the company against M/S. Eurrestra Industries Ltd. | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed by the company against M/S.Iaec Industries Madras Ltd | Disposed |
| High Court | Writ petition | Filed by the company against State of Kerala and 3 others | Disposed |
To see the full case history of KSB Mil Controls 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
KSB Mil Controls Limited was last rated by Icra on 29 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Sep 2021 |
To see the full credit ratings and regulatory alerts of KSB Mil Controls Limited, buy the company report.
MSME payment delays
KSB Mil Controls Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 862 overdue payments to 46 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 46)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Vijay Seals | |||
| J D Jones & Co Pvt Ltd | |||
| Vishnu Forge Industries Limited | |||
| G R Industrial Engineering Products Private Limited |
To see the full MSME payment records of KSB Mil Controls Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
KSB Mil Controls Limited has a workforce of 266 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
KSB Mil Controls has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCM1515G1Z4 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of KSB Mil Controls Limited, buy the company report.
Recent activity
KSB Mil Controls Limited has 16 board changes on record since 2008: 6 appointments and 10 cessations. The latest: Pradeep Sakharam Joshi was appointed as Director on 19 Mar 2025.
42 earlier events are in the company report.
News
Frequently asked questions
KSB Mil Controls is an active public limited company based in Thrissur, Kerala, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 27 May 1983 (43+ years old) and is registered under CIN U32107KL1983PLC003725.
KSB Mil Controls has 5 current directors:
- Mahesh Sindhu Nivas - Managing Director
- Sharmila Barua Roychowdhury - Director
- Stephan Bross - Director
- Rajeev Jayantiprasad Jain - Director
- Pradeep Sakharam Joshi - Director
The latest financial statements of KSB Mil Controls on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 26 May 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of KSB Mil Controls is 32AABCM1515G1Z4, registered in Kerala.
The CIN (Corporate Identification Number) of KSB Mil Controls is U32107KL1983PLC003725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KSB Mil Controls has 31 court cases on record: 24 filed by the company and 7 filed against it. Most are in the high courts.
KSB Mil Controls was incorporated on 27 May 1983, making it 43+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of KSB Mil Controls by revenue are Aira Euro Automation Private Limited, Crane Process Flow Technologies (India) Private Limited, Rotex Automation Limited, Nirmal Industrial Controls Private Limited, Captain Polyplast Limited and 5 more, all in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products).
Pradeep Sakharam Joshi was appointed as Director on 19 Mar 2025. Sharmila Barua Roychowdhury was appointed as Director on 19 Mar 2025. Stephan Bross ceased to be Additional Director on 29 Apr 2022. KSB Mil Controls has 16 board changes on record in total.
Yes, KSB Mil Controls is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-13-0000008).
KSB Mil Controls has 14 MSME Form 1 returns on record between 2019 and 2024, listing 862 overdue payments to 46 micro and small suppliers. The latest return was filed on 30 Apr 2024.
KSB Mil Controls can be reached through the website ksb.com. Its registered office is in Thrissur, Kerala, India.