Maspero India Private Limited

Maspero India Private Limited - engineering in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29299MH2011PTC219306 Incorporated 30 June 2011 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Private Limited Company engineering MSME · Small
Data last updated
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

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

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-33-0017992

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
  • Registered Address
    801 Ambience Court 8th Floor Plot No.2 Sector 19 – D Palm Beach Road Vashi, Navi Mumbai, Maharashtra, India – 400709
  • Industry
    Engineering, Industrial Maintenance & Repair Services

To see the full contact details of Maspero India Private Limited, buy the company report.

Comprehensive company report
Maspero India Private Limited - one report that includes everything
  • 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
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical 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 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)

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13.7%
Net Profit Margin10.1%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Sandeep GuptaDirector30 Jun 201115 Years 3 MonthsCurrent
Yoganand NannapaneniDirector02 Aug 201313 Years 2 MonthsCurrent
Andrea MasperoDirector21 Oct 201115 Years 0 MonthsCurrent
Shriya GuptaAdditional Director21 Nov 20250 Years 11 MonthsCurrent

Auditor

Maspero India Private Limited is audited by E. A. Patil & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
E. A. Patil & Associates LLPFY 2023117371W/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 categoryFY 2023FY 2022FY 2021FY 2020FY 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.

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)

SupplierAmount dueDue sinceReported 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.

Employee count
17
Active EPFO establishments
1
Employee growth
70%

GST

Maspero India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCM3599C1Z9MaharashtraActive01 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.

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.

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:

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.