About Kusters Engineering India Private Limited
Data last updated:
Kusters Engineering India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Syntech International Bv. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 09 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51103MH2006FTC165448. Its GSTIN is 27AACCK9577D1Z8 (Maharashtra). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2.69 Lakh. It is led by directors including Sumit Jain (Managing Director) and Jose Chacko Philip.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.58 Cr, a growth of 137% compared to the previous year. For the same year it recorded a net profit of ₹1.76 Cr (net margin 1.8%) and EBITDA of ₹4.84 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 33% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Kusters. As per MCA filings, the company has open charges of ₹47 Cr and satisfied charges of ₹38.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kustersindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGround Floor Master Mind II Royal Palm Estate Aarey Colony Goregaon, East, Mumbai, Maharashtra, India – 400065
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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
Associated Brands with Kusters Engineering India Private Limited
Kusters Engineering India operates one associated brand: Kusters. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering services and products for banking automation and currency handling in India. | kustersindia.com |
Business Activity of Kusters Engineering India Private Limited
The main business activities of Kusters Engineering India are trade and professional, scientific and technical. In detail, this covers retail trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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.
Auditor Details of Kusters Engineering India Private Limited
Kusters Engineering India Private Limited is audited by KHANDELWAL JAIN & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KHANDELWAL JAIN & 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 Kusters Engineering India Private Limited
Kusters Engineering India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jose Chacko Philip | Director | 09 Nov 2006 | 19 Years 10 Months | Current |
| Sumit Jain | Managing Director | 07 Jun 2017 | 9 Years 3 Months | Current |
| Sunita Harisankar Also directs: PH Management Services Private Limited | Director | 29 Dec 2010 | 15 Years 9 Months | Current |
Financials of Kusters Engineering India Private Limited FY 2024 filings available
Kusters Engineering India Private Limited reported revenue of ₹96.58 Cr (up 137% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kusters Engineering India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 137% growth in the latest year. EBITDA rose 110% 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 Kusters Engineering India Private Limited
| 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 | ₹4.84 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.76 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Kusters Engineering India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Kusters Engineering India are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Kusters 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.
Group Structure of Kusters Engineering India Private Limited
Kusters Engineering India has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Imu India Technology Private Limited | U74120MH2015PTC270164 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Kusters Engineering India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Sep 2023 | Others | ₹24 Cr | Open |
| 02 Sep 2023 | Uco Bank | ₹23 Cr | Open |
| 24 Mar 2022 | Others | ₹6.5 Cr | Satisfied |
| 13 Aug 2018 | Axis Bank Limited | ₹11 Cr | Satisfied |
| 28 Jan 2016 | Yes Bank Limited | ₹16 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Kusters Engineering India Private Limited
Employment history and EPFO contributions of people linked to Kusters Engineering India.
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.
GST Compliance of Kusters Engineering India Private Limited
Kusters Engineering India has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK9577D1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 10AACCK9577D1ZN | Bihar | Active | 01 Jul 2017 |
| 33AACCK9577D1ZF | Tamil Nadu | Active | 01 Jul 2017 |
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.
Legal Cases of Kusters Engineering India Private Limited
Kusters Engineering India Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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, Litigation & Regulatory Alerts for Kusters 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.
MSME Payment Delays by Kusters Engineering India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kusters 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.
MCA Filings & Documents of Kusters 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.
Recent Activity on Kusters Engineering India Private Limited
Frequently Asked Questions about Kusters Engineering India Private Limited
Kusters Engineering India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 09 November 2006 (20+ years old) and is registered under CIN U51103MH2006FTC165448.
Kusters Engineering India reported revenue of ₹96.58 Cr for FY 2025 (up 137% YoY).
Kusters Engineering India has 3 current directors:
- Sumit Jain - Managing Director
- Jose Chacko Philip - Director
- Sunita Harisankar - Director
Kusters Engineering India reported a net profit of ₹1.76 Cr (net margin 1.8%) and EBITDA of ₹4.84 Cr (EBITDA margin 5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kusters Engineering India is 52% over three years and 33% over five years. In the latest year (FY 2025) revenue rose 137%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kusters Engineering India is 27AACCK9577D1Z8, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 10AACCK9577D1ZN (Bihar), 33AACCK9577D1ZF (Tamil Nadu).
The CIN (Corporate Identification Number) of Kusters Engineering India is U51103MH2006FTC165448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kusters Engineering India has 1 court case on record: 1 filed against it.
Kusters Engineering India was incorporated on 09 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.