- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0017992

About Maspero India Private Limited
Data last updated:
Maspero India Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Maspero Elevatori Spa. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 30 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH2011PTC219306. Its GSTIN is 27AAHCM3599C1Z9 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Sandeep Gupta and Yoganand Nannapaneni.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 801 Ambience Court 8th Floor Plot No.2 Sector 19 – D Palm Beach Road Vashi, Navi Mumbai, Maharashtra, India – 400709.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.18 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹2.93 Cr (net margin 10.1%) and EBITDA of ₹3.99 Cr (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 16% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
Maspero India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0017992). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website masperoindia.com.
Company details
Recognitions & Rankings of Maspero India
Contact details
Maspero India Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is masperoindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address801 Ambience Court 8th Floor Plot No.2 Sector 19 – D Palm Beach Road Vashi, Navi Mumbai, Maharashtra, India – 400709
- IndustryEngineering, Industrial Maintenance & Repair Services
To see the full contact details of Maspero 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
Business activity
The main business activity of Maspero India 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 Maspero India Private Limited, buy the company report.
Financials of Maspero India Private Limited
FY 2025 filings availableMaspero India Private Limited reported revenue of ₹29.18 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 13% growth in the latest year. EBITDA rose 29% 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 | ₹3.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.93 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 | |||||
| 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 | 13.7% | ||||
| Net Profit Margin | 10.1% | ||||
| 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 Maspero India Private Limited, buy the company report.
Board of directors of Maspero India Private Limited
Maspero India has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Gupta | Director | 30 Jun 2011 | 15 Years 3 Months | Current |
| Yoganand Nannapaneni Also directs: Mascot Systems Private Limited | Director | 02 Aug 2013 | 13 Years 2 Months | Current |
| Andrea Maspero | Director | 21 Oct 2011 | 15 Years 0 Months | Current |
| Shriya Gupta Also directs: Altura Private Limited | Additional Director | 21 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Maspero India Private Limited is audited by E. A. Patil & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E. A. Patil & Associates LLP | FY 2023 | 117371W/W100092 |
Shareholding
The shareholding of Maspero 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 Maspero India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Maspero 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
Maspero India Private Limited has 7 MSME Form 1 returns on record between 2020 and 2024, listing 30 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Derive Management Solutions Private Limited | |||
| an individual supplier | |||
| SP Engineering | |||
| an individual supplier | |||
| Mascot Systems Private Limited |
To see the full MSME payment records of Maspero India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Maspero India Private Limited has a workforce of 17 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Maspero India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM3599C1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maspero India Private Limited, buy the company report.
Recent activity
Maspero India Private Limited has 8 board changes on record since 2011: 4 appointments and 4 cessations. The latest: Shriya Gupta was appointed as Additional Director on 21 Nov 2025.
Frequently asked questions
Maspero India is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 30 June 2011 (15+ years old) and is registered under CIN U29299MH2011PTC219306.
Maspero India has 4 current directors:
- Sandeep Gupta - Director
- Yoganand Nannapaneni - Director
- Andrea Maspero - Director
- Shriya Gupta - Additional Director
The latest financial statements of Maspero India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maspero India is 27AAHCM3599C1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maspero India is U29299MH2011PTC219306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maspero India was incorporated on 30 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Shriya Gupta was appointed as Additional Director on 21 Nov 2025. Arvind Kamath ceased to be Director on 22 May 2014. Yoganand Nannapaneni ceased to be Additional Director on 30 Sep 2013. Maspero India has 8 board changes on record in total.
Yes, Maspero India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0017992).
Maspero India has 7 MSME Form 1 returns on record between 2020 and 2024, listing 30 overdue payments to 5 micro and small suppliers. The latest return was filed on 17 Apr 2024.
Maspero India can be reached through the website masperoindia.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Maspero India is at 801 Ambience Court 8th Floor Plot No.2 Sector 19 – D Palm Beach Road Vashi, Navi Mumbai, Maharashtra, India – 400709.