MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0017992
Maspero India Private Limited - engineering in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹29.18 Cr
▲ 13% YoY
Net profit · FY 2025
₹2.93 Cr
Net margin 10.1%
EBITDA · FY 2025
₹3.99 Cr
EBITDA margin 13.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
17
Provident fund records
Directors on board
4
As per MCA filings
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 of Maspero India Private Limited
CIN U29299MH2011PTC219306
Registration Number 219306
Incorporation Date 30 June 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Maspero Elevatori Spa
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0017992
Recognitions & Rankings of Maspero India
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- 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
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Business Activity of Maspero India Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Maspero India Private Limited FY 2025 filings available
Maspero India Private Limited reported revenue of ₹29.18 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹29.18 Cr ▲ 13%
Net profit · FY 2025
₹2.93 Cr margin 10.1%
EBITDA · FY 2025
₹3.99 Cr margin 13.7%
Compounded Annual Growth Rate (CAGR) of Maspero India Private Limited
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 25%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 41%
5 years · compounded
▲ 19%
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 of Maspero 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 | ₹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 of Maspero India Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Maspero India are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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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.
Current Directors
| 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 |
Peer Comparison of Maspero India Private Limited
Maspero India Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Maintenance Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elm Enterprises Private Limited | ₹30.07 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| Jmssp Agro Industries Private Limited | ₹29.99 Cr (FY 2025) | •••• | •••• | 275.0% | •••• | Samana, Punjab, India |
| Khajuria Trade and Industries Private Limited | ₹29.9 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Hiranagar, Jammu and Kashmir, India |
| Excel Generators Private Limited | ₹29.48 Cr (FY 2025) | •••• | •••• | 140.0% | •••• | Bangalore, Karnataka, India |
| B.M. Insulations Private Limited | ₹29.4 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| Maspero India Private Limited this company | ₹29.18 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Navi Mumbai, Maharashtra, India |
| Vanarsena Services Private Limited | ₹28.61 Cr (FY 2025) | •••• | •••• | 110.0% | •••• | Delhi, India |
| Utility Projects and Services Private Limited | ₹28.36 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Neviton Softech Private Limited | ₹27.94 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Bangalore, Karnataka, India |
| Hirise Facility Management Private Limited | ₹27.6 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Shreshtha Vihar, Delhi, India |
| Ascent Aircon Private Limited | ₹27.59 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Maspero India by revenue in the Engineering industry (Maintenance Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Maspero India Private Limited
Maspero India Private Limited is audited by E. A. Patil & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| E. A. Patil & Associates LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Maspero India Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Maspero India Private Limited
Maspero India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Maspero India Private Limited
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 | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Maspero India Private Limited
Maspero India Private Limited has a workforce of 17 employees as of Mar 29, 2024.
Employee count
17
Active EPFO establishments
1
Employee growth
70%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Maspero India Private Limited
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.
Appointed
Shriya Gupta was appointed as Additional Director.
AGM
Maspero India Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Maspero India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Arvind Kamath ceased to be Director.
Ceased
Yoganand Nannapaneni ceased to be Additional Director.
Appointed
Yoganand Nannapaneni was appointed as Director.
Ceased
Andrea Maspero ceased to be Additional Director.
Ceased
Varadhan Raghavachari Tanjore ceased to be Director.
Appointed
Andrea Maspero was appointed as Director.
Appointed
Sandeep Gupta was appointed as Director.
Incorporation
30 Jun 2011
Maspero India Private Limited was registered on 30 Jun 2011 with Roc Mumbai & aged 15 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Maspero India Private Limited
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Credit ratings, litigation, and regulatory alerts
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Subsidiaries & Group Companies of Maspero India Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Maspero India Private Limited
Maspero India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM3599C1Z9 | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Maspero India Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Maspero India Private Limited
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 reported revenue of ₹29.18 Cr for FY 2025 (up 13% YoY).
Maspero India has 4 current directors:
- Sandeep Gupta - Director
- Yoganand Nannapaneni - Director
- Andrea Maspero - Director
- Shriya Gupta - Additional Director
Maspero India reported a net profit of ₹2.93 Cr (net margin 10.1%) and EBITDA of ₹3.99 Cr (EBITDA margin 13.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maspero India is 25% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Maspero India by revenue are Elm Enterprises Private Limited, Jmssp Agro Industries Private Limited, Khajuria Trade and Industries Private Limited, Excel Generators Private Limited, B.M. Insulations Private Limited and 5 more, all in the Engineering industry (Maintenance Services).
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.