About L&T Howden Private Limited
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L&T Howden Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Larsen And Toubro Limited. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 17 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31401MH2010PTC204403. Its GSTIN is 06AABCL8163B1ZS (Haryana). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹30 Cr. It is led by directors including Parvesh Mittal and Satish Narayan Palekar.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at L&T House N. M. Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹256.81 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹27.34 Cr (net margin 10.6%) and EBITDA of ₹41.36 Cr (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 11% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: L&T. As per MCA filings, the company has open charges of ₹125 Cr and satisfied charges of ₹86.12 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company. The company has 1 deal on record (1 rights issue); the latest was in September 2010. Its 7 peer companies in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 4 smaller; the largest is Kruger Ventilation Industries (India) Private Limited with revenue of ₹303.12 Cr. The company has 13 MSME Form 1 returns on record between 2017 and 2021, listing 74 overdue payments to 31 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 lnthowden.com.
Company details
Contact details
L&T Howden Private Limited's registered office is in Mumbai, Maharashtra. Its website is lnthowden.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressL&T House N. M. Marg Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of L&T Howden 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
L&T Howden operates one associated brand: L&T. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering and automation solutions are provided for diverse industries. | larsentoubro.com |
Business activity
The main business activity of L&T Howden is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of L&T Howden Private Limited, buy the company report.
Financials of L&T Howden Private Limited
FY 2025 filings availableL&T Howden Private Limited reported revenue of ₹256.81 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 3% 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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| Total Expenses | |||||
| EBITDA | ₹41.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.34 Cr | ||||
| Balance Sheet | |||||
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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 | 16.1% | ||||
| Net Profit Margin | 10.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of L&T Howden Private Limited, buy the company report.
Board of directors of L&T Howden Private Limited
L&T Howden has 4 current directors and 36 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parvesh Mittal | Director | 18 Jan 2022 | 4 Years 9 Months | Current |
| Satish Narayan Palekar | Director | 27 May 2025 | 1 Years 5 Months | Current |
| Alpana Shripad Khale Also directs: L&T Power Development Limited, Nabha Power Limited | Director | 23 Apr 2025 | 1 Years 6 Months | Current |
| Craig Richard Masson | Director | 16 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
L&T Howden Private Limited is compared with the 7 companies closest to it by revenue in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kruger Ventilation Industries (India) Private Limited | ₹303.12 Cr (FY 2025) | 10.0% | Shahapur, Maharashtra, India | |||
| Citizen Industries Private Limited | ₹287.83 Cr (FY 2025) | 34.0% | Ahmedabad, Gujarat, India | |||
| Kirloskar Chillers Private Limited | ₹272.02 Cr (FY 2025) | 37.0% | Pune, Maharashtra, India | |||
| L&T Howden Private Limitedthis company | ₹256.81 Cr (FY 2025) | ₹27.34 Cr | 10.6% | -8.0% | 73 | Mumbai, Maharashtra, India |
| Desiccant Rotors International Private Limited | ₹256.61 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Indian Compressors Limited | ₹244.39 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Tcci Manufacturing (India) Private Limited | ₹243.74 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Anest Iwata Motherson Private Limited | ₹224.16 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India |
To see the full peer comparison of L&T Howden Private Limited, buy the company report.
Auditor
L&T Howden Private Limited is audited by M.P. Chitale & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.P. Chitale & Co. | FY 2023 | 101851W |
Shareholding
The shareholding of L&T Howden Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of L&T Howden Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2023 | 100785197 | Others | ₹35 Cr | Open | |
| 05 Dec 2011 | 10325883 | Others | ₹90 Cr | Open | |
| 13 May 2015 | 10572970 | Australia and New Zealand Banking Group Limited | ₹33.82 Cr | Satisfied | |
| 21 Feb 2012 | 10342943 | Hsbc Bank (Mauritius) Limited | ₹52.3 Cr | Satisfied |
To see the full charge records of L&T Howden Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
L&T Howden Private Limited has 1 deal on record (1 rights issue); the latest was in September 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2010 | Rights issue | ₹29.99 Cr | Investors: Larsen and Toubro Limited , Hswden Holdings BV |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
L&T Howden Private Limited has 6 court cases on record: 6 filed by L&T Howden. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Original application | Filed by the company against Kotak Mahindra Bank Limited, and 1 other | Disposed |
| Madras High Court | Original application | Filed by the company against Kotak Mahindra Bank Limited, and 1 other | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Rattan India Power Ltd and Anr | Disposed |
To see the full case history of L&T Howden 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.
Credit ratings & regulatory alerts
L&T Howden Private Limited was last rated by Indiarating on 10 Nov 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 10 Nov 2022 |
To see the full credit ratings and regulatory alerts of L&T Howden Private Limited, buy the company report.
MSME payment delays
L&T Howden Private Limited has 13 MSME Form 1 returns on record between 2017 and 2021, listing 74 overdue payments to 31 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 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tempsens Instruments (India) Limited | |||
| Microgenesis Cadsoft Private Limited | |||
| MPK Machine Tools | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of L&T Howden Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
L&T Howden Private Limited has a workforce of 73 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 73 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of L&T Howden Private Limited, buy the company report.
GST
L&T Howden has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCL8163B1ZS | Haryana | Active | 01 Jul 2017 |
| 24AABCL8163B1ZU | Gujarat | Active | 01 Jul 2017 |
| 06AABCL8163B2ZR | Haryana | Active | 22 Nov 2017 |
To see the full GST registrations and return filing status of L&T Howden Private Limited, buy the company report.
Recent activity
L&T Howden Private Limited has 62 board changes on record since 2010: 33 appointments and 29 cessations. The latest: Atul Tandon ceased to be CFO on 02 Oct 2025.
60 earlier events are in the company report.
Frequently asked questions
L&T Howden is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 17 June 2010 (16+ years old) and is registered under CIN U31401MH2010PTC204403.
L&T Howden has 4 current directors:
- Parvesh Mittal - Director
- Satish Narayan Palekar - Director
- Alpana Shripad Khale - Director
- Craig Richard Masson - Director
The latest financial statements of L&T Howden on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of L&T Howden is 06AABCL8163B1ZS, 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 24AABCL8163B1ZU (Gujarat), 06AABCL8163B2ZR (Haryana).
The CIN (Corporate Identification Number) of L&T Howden is U31401MH2010PTC204403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
L&T Howden has 6 court cases on record: 6 filed by the company. Most are in the high courts.
L&T Howden was incorporated on 17 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
L&T Howden has 1 deal on record (1 rights issue); the latest was in September 2010.
The peers of L&T Howden by revenue are Kruger Ventilation Industries (India) Private Limited, Citizen Industries Private Limited, Kirloskar Chillers Private Limited, Desiccant Rotors International Private Limited, Indian Compressors Limited and 2 more, all in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Atul Tandon ceased to be CFO on 02 Oct 2025. Satish Narayan Palekar was appointed as Director on 27 May 2025. Derek Michael Shah ceased to be Director on 15 May 2025. L&T Howden has 62 board changes on record in total.
L&T Howden has 13 MSME Form 1 returns on record between 2017 and 2021, listing 74 overdue payments to 31 micro and small suppliers. The latest return was filed on 13 May 2021.
L&T Howden can be reached through the website lnthowden.com. Its registered office is in Mumbai, Maharashtra, India.
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