About Mcdermott India Private Limited
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Mcdermott India Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Cb&I Oil & Gas Europe Bv. It operates in the power epc segment of the energy and power sector. It was incorporated on 01 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900HR2011PTC042578. Its GSTIN is 06AAECC3685L1ZC (Haryana). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹47.51 Cr. It was formerly known as Cb&I Lummus India Private Limited. It is led by directors including Ashok Joshi and Manish Srivastava.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4th Floor Infinity Tower – B DLF Cyber City Phase – II Sector – 25A, Gurgaon, Haryana, India – 122002.
As per the financials filed for FY 2024, the company reported a revenue of ₹717.87 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹45.96 Cr (net margin -6.4%) and EBITDA of ₹16.65 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
The company has about 1,090 employees on its provident fund (EPFO) records.
Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 3 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹54.63 Cr; the latest was in January 2013. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 45 overdue payments to 22 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 mcdermott.com.
Company details
Name history
Mcdermott India has undergone 2 name changes throughout its history. The company was previously known as Cb&I Lummus India Private Limited, and Mcdermott India Private Limited. The current legal name is Mcdermott India Private Limited.
| Company Name | Status |
|---|---|
| Mcdermott India Private Limited | Current |
| Cb&I Lummus India Private Limited | Previous |
Contact details
Mcdermott India Private Limited's registered office is in Gurgaon, Haryana. Its website is mcdermott.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor Infinity Tower – B DLF Cyber City Phase – II Sector – 25A, Gurgaon, Haryana, India – 122002
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Mcdermott 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 activities of Mcdermott India are construction and professional, scientific and technical. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities and architecture, engineering activities, technical testing and analysis activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Mcdermott India Private Limited, buy the company report.
Financials of Mcdermott India Private Limited
FY 2024 filings availableMcdermott India Private Limited reported revenue of ₹717.87 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA rose 106% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹16.65 Cr | ||||
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| Net Profit (PAT) | -₹45.96 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | -6.4% | ||||
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To see the full financial statements and ratios of Mcdermott India Private Limited, buy the company report.
Board of directors of Mcdermott India Private Limited
Mcdermott India has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Joshi | Director | 29 Aug 2011 | 15 Years 1 Months | Current |
| Manish Srivastava Also directs: Lutech Resources India Private Limited | Director | 22 Mar 2023 | 3 Years 7 Months | Current |
| Paul Jose Palamattam | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Alok Kumar Agarwal Also directs: Lutech Resources India Private Limited | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
Auditor
Mcdermott India Private Limited is audited by SHARP & TANNAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARP & TANNAN | FY 2023 | 000452N |
Shareholding
The shareholding of Mcdermott 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 Mcdermott India Private Limited, buy the company report.
Deals & funding
Mcdermott India Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹54.63 Cr; the latest was in January 2013.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2013 | Funding round | ₹30.08 Cr | Investors: CB&I Oil & Gas Europe B,V., Chicago Bridge & Iron Company B.V. |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: CB&I Oil & Gas Europe B,V. Seller: an individual |
| Jul 2011 | Funding round | ₹24.55 Cr | Investors: CB&I Oil & Gas Europe B,V., Chicago Bridge & Iron Company B.V. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mcdermott India Private Limited has 7 court cases on record: 4 filed by Mcdermott India, 3 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
| High courts | 3 | 0 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Court case (OMP (I)(COMM.)) | Filed by the company against an individual | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against an individual | Pending |
| Calcutta High Court | Writ petition | Filed by the company against West Bengal Micro and Small Enterprise Faciliation Council and Anr | Disposed |
| District court, Begusarai, Bihar | Court case (Cr.Complaint (O)) | Filed against the company by an individual | Disposed |
| District court, Begusarai, Bihar | Court case (Cr.Complaint (O)) | Filed against the company by an individual | Disposed |
To see the full case history of Mcdermott India 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.
MSME payment delays
Mcdermott India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 45 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Demech Chemical Products Private Limited | |||
| Bombay Chemical Equipments | |||
| Vaibhav Dost Construction Private Limited | |||
| Leser India Private Limited | |||
| BDK Valve Private Limited |
To see the full MSME payment records of Mcdermott India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mcdermott India Private Limited has a workforce of 1,090 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Mcdermott India has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECC3685L1ZC | Haryana | Active | 01 Jul 2017 |
| 10AAECC3685L1ZN | Bihar | Active | 26 Jun 2021 |
| 33AAECC3685L1ZF | Tamil Nadu | Active | 07 Jul 2021 |
| 19AAECC3685L1Z5 | West Bengal | Active | 20 Jul 2021 |
To see the full GST registrations and return filing status of Mcdermott India Private Limited, buy the company report.
Recent activity
Mcdermott India Private Limited has 28 board changes on record since 2011: 16 appointments and 12 cessations. The latest: Paul Jose Palamattam was appointed as Director on 01 Apr 2024.
19 earlier events are in the company report.
News
Frequently asked questions
Mcdermott India is an active private limited company based in Gurgaon, Haryana, India. The company works in power epc, within the energy and power industry. It was incorporated on 01 April 2011 (15+ years old) and is registered under CIN U74900HR2011PTC042578.
Mcdermott India has 4 current directors:
- Ashok Joshi - Director
- Manish Srivastava - Director
- Paul Jose Palamattam - Director
- Alok Kumar Agarwal - Director
The latest financial statements of Mcdermott India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mcdermott India is 06AAECC3685L1ZC, registered in Haryana. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 10AAECC3685L1ZN (Bihar), 33AAECC3685L1ZF (Tamil Nadu), 19AAECC3685L1Z5 (West Bengal).
The CIN (Corporate Identification Number) of Mcdermott India is U74900HR2011PTC042578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mcdermott India has 7 court cases on record: 4 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Mcdermott India was incorporated on 01 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Mcdermott India has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹54.63 Cr; the latest was in January 2013.
Paul Jose Palamattam was appointed as Director on 01 Apr 2024. Sudeep Ellath ceased to be Director on 31 Jan 2024. Alok Kumar Agarwal was appointed as Director on 10 Jul 2023. Mcdermott India has 28 board changes on record in total.
Mcdermott India has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 45 overdue payments to 22 micro and small suppliers. The latest return was filed on 13 May 2024.
Mcdermott India can be reached through the website mcdermott.com. Its registered office is in Gurgaon, Haryana, India.