About Midea India Private Limited
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Midea India Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Midea Electric Trading (Singapore) Co. Pte Ltd. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 01 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U31906HR2017PTC067945. Its GSTIN is 06AAKCM8743R2ZI (Haryana). The company holds 20 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹8.82 Cr. It is led by directors Naved Afaq Khan and Siddharth Saxena.
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 Sector 30, Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹818.32 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹29.02 Cr (net margin 3.5%) and EBITDA of ₹67.78 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 110% over three years and 146% over five years.
The company has about 153 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Midea. Court records list 16 cases involving the company, including 15 filed by the company and 1 filed against it; 11 cases are pending. The company has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in September 2018. The company has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 7 overdue payments to 4 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 midea.com.
Company details
Contact details
Midea India Private Limited's registered office is in Gurgaon, Haryana. Its website is midea.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 517 – 522 5th Floor, Bptp Park Centra Sector 30, Gurgaon, Haryana, India – 122001
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Midea 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
Financials of Midea India Private Limited
FY 2025 filings availableMidea India Private Limited reported revenue of ₹818.32 Cr (up 74% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 146% over five years, including 74% growth in the latest year. EBITDA rose 145% 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 | ₹818.32 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹67.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.02 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 | 8.3% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Midea India Private Limited, buy the company report.
Board of directors of Midea India Private Limited
Midea India has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naved Afaq Khan | Director | 30 Aug 2024 | 2 Years 1 Months | Current |
| Siddharth Saxena | Additional Director | 10 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Midea India Private Limited is audited by M S K A & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2025 | 105047W |
Shareholding
The shareholding of Midea India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Midea India Private Limited, buy the company report.
Deals & funding
Midea India Private Limited has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in September 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Rights issue | ₹172.69 Cr | Investors: Midea Electric Trading Singapore Co Pte Ltd |
| Oct 2017 | Rights issue | ₹38.82 Cr | Investors: Midea Electric Trading Singapore Co Pte Ltd |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: Midea Electric Trading Singapore Co Pte Ltd Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Midea India Private Limited has 16 court cases on record: 15 filed by Midea India, 1 filed against it. 11 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 1 | 11 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed by the company against Sales India Pvt Ltd | Pending |
| Bombay High Court | Writ petition | Filed by the company against Vadan Interiors Pvt. Ltd. and 1 other | Disposed |
| District court, South West, Delhi | Cheque dishonour complaint | Filed by the company against Mr Omkar Saxena Proprietor of M/S Charming Home Aids | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed by the company against Mr. Karan Proprietor of S. R. Enterprises | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Midea 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
Midea India Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 7 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| SK Cutting Tools Solution Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Midea India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Midea India Private Limited has a workforce of 153 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
GST
Midea India has 20 GST registrations: 17 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAKCM8743R2ZI | Haryana | Active | 09 Nov 2017 |
| 06AAKCM8743R3ZH | Haryana | Active | 25 Feb 2025 |
| 27AAKCM8743R1ZF | Maharashtra | Active | 19 Apr 2018 |
| 21AAKCM8743R1ZR | Odisha | Active | 16 Dec 2019 |
To see the full GST registrations and return filing status of Midea India Private Limited, buy the company report.
Recent activity
Midea India Private Limited has 15 board changes on record since 2017: 5 appointments and 10 cessations. The latest: Siddharth Saxena was appointed as Additional Director on 10 Jun 2025.
6 earlier events are in the company report.
News
Frequently asked questions
Midea India is an active private limited company based in Gurgaon, Haryana, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 01 March 2017 (9+ years old) and is registered under CIN U31906HR2017PTC067945.
Midea India has 2 current directors:
- Naved Afaq Khan - Director
- Siddharth Saxena - Additional Director
The latest financial statements of Midea 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 FY 2017 are in the company report.
The GSTIN of Midea India is 06AAKCM8743R2ZI, registered in Haryana. The company has 20 GST registrations in all, of which 17 are active and 3 are cancelled or inactive. Other active GSTINs include 06AAKCM8743R3ZH (Haryana), 27AAKCM8743R1ZF (Maharashtra), 21AAKCM8743R1ZR (Odisha).
The CIN (Corporate Identification Number) of Midea India is U31906HR2017PTC067945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midea India has 16 court cases on record: 15 filed by the company and 1 filed against it. 11 are pending. Most are in the district courts.
Midea India was incorporated on 01 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Haryana.
Midea India has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in September 2018.
Siddharth Saxena was appointed as Additional Director on 10 Jun 2025. Atul Chintamani Chouthai ceased to be Additional Director on 29 Sep 2024. Naved Afaq Khan ceased to be Additional Director on 29 Sep 2024. Midea India has 15 board changes on record in total.
Midea India has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 7 overdue payments to 4 micro and small suppliers. The latest return was filed on 31 Oct 2023.
Midea India can be reached through the website midea.com. Its registered office is in Gurgaon, Haryana, India.