About Kokuyo Workplace India Limited
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Kokuyo Workplace India Limited is a public limited company based in Nagpur, Maharashtra, India, a subsidiary of Hni Singapore Private Limited. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 06 October 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36101MH2000PLC129024. Its GSTIN is 27AABCB5128Q1ZC (Maharashtra). The company holds 16 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹11.5 Cr. It was formerly known as Bp Ergo Limited and Blow Plast Ergonomics Ltd. It is led by directors including Karan Sachdev (Managing Director) and Viswanathan Narayanan Satyamangalam.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at K – 52 MIDC Hingna Road, Nagpur, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹211.24 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹8.4 Cr (net margin 4%) and EBITDA of ₹15.49 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 7% over five years.
The company has about 355 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HNI India. As per MCA filings, the company has open charges of ₹32.48 Cr and satisfied charges of ₹18.67 Cr on record. Court records list 57 cases involving the company, including 29 filed by the company and 28 filed against it; 6 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in August 2012. Its 5 peer companies in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 3 larger and 2 smaller; the largest is Featherlite Office Systems Private Limited with revenue of ₹370.75 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 557 overdue payments to 27 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 hni-india.com.
Company details
Name history
Kokuyo Workplace India has undergone 3 name changes throughout its history. The company was previously known as Bp Ergo Limited, Blow Plast Ergonomics Ltd, and Hni Office India Limited. The current legal name is Kokuyo Workplace India Limited.
| Company Name | Status |
|---|---|
| Kokuyo Workplace India Limited | Current |
| Bp Ergo Limited | Previous |
| Blow Plast Ergonomics Ltd | Previous |
| Hni Office India Limited | Previous |
CIN history
Kokuyo Workplace India has one previous CIN (Corporate Identification Number): U36101MH2004PLC129024. The current CIN is U36101MH2000PLC129024, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36101MH2000PLC129024 | Current |
| U36101MH2004PLC129024 | Previous |
Contact details
Kokuyo Workplace India Limited's registered office is in Nagpur, Maharashtra. Its website is hni-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressK – 52 MIDC Hingna Road, Nagpur, Maharashtra, India
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Kokuyo Workplace India 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
Kokuyo Workplace India operates one associated brand: HNI India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Office furniture is manufactured and supplied by HNI brand. | hni-india.com |
Business activity
The main business activity of Kokuyo Workplace India is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Kokuyo Workplace India Limited, buy the company report.
Financials of Kokuyo Workplace India Limited
FY 2025 filings availableKokuyo Workplace India Limited reported revenue of ₹211.24 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 9% growth in the latest year. EBITDA rose 7% 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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| EBITDA | ₹15.49 Cr | ||||
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| Net Profit (PAT) | ₹8.4 Cr | ||||
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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 | 7.3% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kokuyo Workplace India Limited, buy the company report.
Board of directors of Kokuyo Workplace India Limited
Kokuyo Workplace India has 7 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Sachdev | Managing Director | 25 May 2020 | 6 Years 5 Months | Current |
| Koji Higashiguchi | Additional Director | 28 Apr 2025 | 1 Years 5 Months | Current |
| Viswanathan Narayanan Satyamangalam Also directs: Snaco Consulting Private Limited, Blush Clinics Private Limited | Director | 22 Aug 2019 | 7 Years 2 Months | Current |
| Sandra Martyres | Director | 22 Aug 2019 | 7 Years 2 Months | Current |
| Masahiro Fukui | Additional Director | 28 Apr 2025 | 1 Years 5 Months | Current |
| Koji Morita | Additional Director | 28 Apr 2025 | 1 Years 5 Months | Current |
Peer comparison
Kokuyo Workplace India Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Featherlite Office Systems Private Limited | ₹370.75 Cr (FY 2025) | 13.0% | Bangalore, Karnataka, India | |||
| Zenith Metaplast Private Limited | ₹307.32 Cr (FY 2025) | -27.0% | Nashik, Maharashtra, India | |||
| Pyrotech Workspace Solutions Private Limited | ₹220.57 Cr (FY 2025) | 12.0% | Udaipur, Rajasthan, India | |||
| Kokuyo Workplace India Limitedthis company | ₹211.24 Cr (FY 2025) | ₹8.4 Cr | 4% | 9.0% | 355 | Nagpur, Maharashtra, India |
| Spacewood Office Solutions Private Limited | ₹193.02 Cr (FY 2025) | 20.0% | Nagpur, Maharashtra, India | |||
| Eurocoustic Products Limited | ₹190.1 Cr (FY 2023) | 69.0% | Ut Of Daman Diu, Daman and Diu, India |
To see the full peer comparison of Kokuyo Workplace India Limited, buy the company report.
Auditor
Kokuyo Workplace India Limited is audited by Nayan Parikh & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nayan Parikh & Co. | FY 2023 | 107023W |
Shareholding
The shareholding of Kokuyo Workplace India 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 Kokuyo Workplace India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2025 | 101075226 | Others | ₹89.44 Lakh | Open | |
| 19 Mar 2025 | 101075228 | Others | ₹2.11 Lakh | Open | |
| 19 Mar 2025 | 101075231 | Others | ₹71.07 Lakh | Open | |
| 19 Mar 2025 | 101075533 | Others | ₹53.13 Lakh | Open | |
| 19 Mar 2025 | 101075535 | Others | ₹32.21 Lakh | Open |
To see the full charge records of Kokuyo Workplace India Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Kokuyo Workplace India Limited has 1 deal on record (1 acquisition); the latest was in August 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2012 | Acquisition | Undisclosed | Buyer: HNI Corporation |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kokuyo Workplace India Limited has 57 court cases on record: 29 filed by Kokuyo Workplace India, 28 filed against it. 6 cases are pending and 51 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 18 | 5 |
| High courts | 17 | 10 | 1 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (OSA) | Filed against the company by Lancor Holdings Ltd | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Lancor Holdings Ltd Raman and Associates, Gokul Sundar K.R.,A. Umasankar,C. Seethapathy and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Wood Kraft India Pvt Ltd and Others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Wood Kraft India Pvt Ltd and Others | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by GSC Glass Ltd | Disposed |
To see the full case history of Kokuyo Workplace India 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
Kokuyo Workplace India Limited was last rated by Care on 24 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 24 Feb 2023 |
To see the full credit ratings and regulatory alerts of Kokuyo Workplace India Limited, buy the company report.
MSME payment delays
Kokuyo Workplace India Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 557 overdue payments to 27 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 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Finewood Concepts Private Limited | |||
| an individual supplier | |||
| Fabchair | |||
| Win Plastics | |||
| M.D. Safety Consultants Private Limited |
To see the full MSME payment records of Kokuyo Workplace India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kokuyo Workplace India Limited has a workforce of 355 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Kokuyo Workplace India has 16 GST registrations: 7 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB5128Q1ZC | Maharashtra | Active | 01 Jul 2017 |
| 27AABCB5128Q2ZB | Maharashtra | Active | 19 Jun 2025 |
| 06AABCB5128Q1ZG | Haryana | Active | 01 Jul 2017 |
| 19AABCB5128Q1Z9 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kokuyo Workplace India Limited, buy the company report.
Recent activity
Kokuyo Workplace India Limited has 32 board changes on record since 2007: 8 appointments and 24 cessations. The latest: Hirofumi Murota was appointed as Additional Director on 28 Apr 2025.
40 earlier events are in the company report.
Frequently asked questions
Kokuyo Workplace India is an active public limited company based in Nagpur, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 06 October 2000 (26+ years old) and is registered under CIN U36101MH2000PLC129024.
Kokuyo Workplace India has 7 current directors:
- Karan Sachdev - Managing Director
- Koji Higashiguchi - Additional Director
- Viswanathan Narayanan Satyamangalam - Director
- Sandra Martyres - Director
- Masahiro Fukui - Additional Director
- Koji Morita - Additional Director
- Hirofumi Murota - Additional Director
The latest financial statements of Kokuyo Workplace India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kokuyo Workplace India is 27AABCB5128Q1ZC, registered in Maharashtra. The company has 16 GST registrations in all, of which 7 are active and 9 are cancelled or inactive. Other active GSTINs include 27AABCB5128Q2ZB (Maharashtra), 06AABCB5128Q1ZG (Haryana), 19AABCB5128Q1Z9 (West Bengal).
The CIN (Corporate Identification Number) of Kokuyo Workplace India is U36101MH2000PLC129024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kokuyo Workplace India has 57 court cases on record: 29 filed by the company and 28 filed against it. 6 are pending. Most are in the district courts.
Kokuyo Workplace India was incorporated on 06 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Kokuyo Workplace India has 1 deal on record (1 acquisition); the latest was in August 2012.
The peers of Kokuyo Workplace India by revenue are Featherlite Office Systems Private Limited, Zenith Metaplast Private Limited, Pyrotech Workspace Solutions Private Limited, Spacewood Office Solutions Private Limited, Eurocoustic Products Limited, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Hirofumi Murota was appointed as Additional Director on 28 Apr 2025. Koji Higashiguchi was appointed as Additional Director on 28 Apr 2025. Koji Morita was appointed as Additional Director on 28 Apr 2025. Kokuyo Workplace India has 32 board changes on record in total.
Kokuyo Workplace India has 11 MSME Form 1 returns on record between 2019 and 2023, listing 557 overdue payments to 27 micro and small suppliers. The latest return was filed on 19 Oct 2023.
Kokuyo Workplace India can be reached through the website hni-india.com. Its registered office is in Nagpur, Maharashtra, India.