About Mitsuba India Private Limited
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Mitsuba India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Mitsuba Corporation. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 21 November 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U34300TN2000PTC046158. Its GSTIN is 33AACCM4446M1ZC (Tamil Nadu). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹1,610 Cr and a paid-up capital of ₹1,200 Cr. It was formerly known as Mitsuba Sical India Private Limited. It is led by directors including Yusuke Ichikawa (Managing Director) and Ippei Hosoi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 20 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D8 Sipcot Industrial Complex Gummidipoondi, Chennai, Tamil Nadu, India – 601201.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,979.88 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹84.34 Cr (net margin 4.3%) and EBITDA of ₹182.91 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 17% over five years.
The company has about 751 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mitsuba Corporation. As per MCA filings, the company has satisfied charges of ₹65.6 Cr on record. Court records list 21 cases involving the company, including 4 filed by the company and 17 filed against it; 3 cases are pending. The company has 7 deals on record (7 funding rounds), with disclosed funding of ₹1,197.98 Cr; the latest was in December 2018. The company has 13 MSME Form 1 returns on record between 2014 and 2021, listing 134 overdue payments to 50 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 mitsuba.co.jp.
Company details
Name history
Mitsuba India has undergone 3 name changes throughout its history. The company was previously known as Mitsuba India Private Limited, Mitsuba Sical India Private Limited, and Mitsuba Sical India Limited. The current legal name is Mitsuba India Private Limited.
| Company Name | Status |
|---|---|
| Mitsuba India Private Limited | Current |
| Mitsuba Sical India Private Limited | Previous |
| Mitsuba Sical India Limited | Previous |
CIN history
Mitsuba India has one previous CIN (Corporate Identification Number): U34300TN2000PLC046158. The current CIN is U34300TN2000PTC046158, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34300TN2000PTC046158 | Current |
| U34300TN2000PLC046158 | Previous |
Contact details
Mitsuba India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is mitsuba.co.jp. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD8 Sipcot Industrial Complex Gummidipoondi, Chennai, Tamil Nadu, India – 601201
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Mitsuba 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
Brands
Mitsuba India operates one associated brand: Mitsuba Corporation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and supplier of electrical and electronic components to aftermarket | mitsuba.co.jp |
Business activity
The main business activities of Mitsuba India are manufacturing and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and scientific research and development. 2 activity segments are registered with the MCA.
| 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 | |
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Mitsuba India Private Limited, buy the company report.
Financials of Mitsuba India Private Limited
FY 2025 filings availableMitsuba India Private Limited reported revenue of ₹1,979.88 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 14% growth in the latest year. EBITDA rose 8% 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 |
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| EBITDA | ₹182.91 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹84.34 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 4.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Mitsuba India Private Limited, buy the company report.
Board of directors and KMP of Mitsuba India Private Limited
Mitsuba India Private Limited currently reports 6 directors and 1 key managerial person. 34 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ippei Hosoi | Whole-Time Director | 12 Apr 2023 | 3 Years 6 Months | Current |
| Thiagarajan Natarajan | Company Secretary | 26 Feb 2016 | 10 Years 8 Months | Current |
| Kosuke Suzuki Also directs: Mitsuba India R&D Private Limited | Whole-Time Director | 16 Apr 2024 | 2 Years 6 Months | Current |
| Yusuke Ichikawa Also directs: Mitsuba India R&D Private Limited | Managing Director | 01 Aug 2018 | 8 Years 3 Months | Current |
| Ashwin Muthiah Chidambaram | Director | 26 Mar 2001 | 25 Years 7 Months | Current |
| Koji Mizuno | Director | 27 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Mitsuba India Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Mitsuba 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 Mitsuba India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2005 | 90289571 | Mizuho Bank Ltd | ₹5 Cr | Satisfied | |
| 19 May 2004 | 90287899 | The Bank of Tokyo - Mitsubishi Ufj Ltd | ₹55.6 Cr | Satisfied | |
| 19 Apr 2004 | 90286131 | The Bank of Tokyo Mistubishi Ltd | ₹5 Cr | Satisfied |
To see the full charge records of Mitsuba India Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Mitsuba India Private Limited has 7 deals on record (7 funding rounds), with disclosed funding of ₹1,197.98 Cr; the latest was in December 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2018 | Funding round | ₹350 Cr | Investors: Mitsuba Corporation |
| Sep 2016 | Funding round | ₹373 Cr | Investors: Mitsuba Corporation |
| May 2014 | Funding round | ₹140.5 Cr | Investors: Mitsuba Corporation |
| Jul 2012 | Funding round | ₹153.18 Cr | Investors: Mitsuba Corporation |
| Dec 2009 | Funding round | ₹116 Cr | Investors: Mitsuba Corporation |
To see the full deal history of Mitsuba India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mitsuba India Private Limited has 21 court cases on record: 4 filed by Mitsuba India, 17 filed against it. 3 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 10 | 0 |
| High courts | 8 | 6 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against Chetak Logistics Limited, | Disposed |
| Madras High Court | Appeal | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| High Court, TAMIL NADU | Court case (REV.APLW) | Filed against the company by an individual | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Mitsuba 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
Mitsuba India Private Limited has 13 MSME Form 1 returns on record between 2014 and 2021, listing 134 overdue payments to 50 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 50)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Venus Stampings Private Limited | |||
| Supreme Plasto Containers | |||
| Aes Automotive Company Private Limited | |||
| an individual supplier | |||
| Abhijeet Ranee Polymers Private Limited |
To see the full MSME payment records of Mitsuba India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mitsuba India Private Limited has a workforce of 751 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
Mitsuba India has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCM4446M1ZC | Tamil Nadu | Active | 01 Jul 2017 |
| 33AACCM4446M2ZB | Tamil Nadu | Active | 29 May 2018 |
| 06AACCM4446M1Z9 | Haryana | Active | 01 Jul 2017 |
| 24AACCM4446M1ZB | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mitsuba India Private Limited, buy the company report.
Recent activity
Mitsuba India Private Limited has 39 board changes on record since 2001: 7 appointments and 32 cessations. The latest: Hiroyuki Shimizu was appointed as Whole-Time Director on 23 May 2025.
38 earlier events are in the company report.
Frequently asked questions
Mitsuba India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 21 November 2000 (26+ years old) and is registered under CIN U34300TN2000PTC046158.
Mitsuba India has 7 current directors and KMP:
- Yusuke Ichikawa - Managing Director
- Ippei Hosoi - Whole-Time Director
- Kosuke Suzuki - Whole-Time Director
- Hiroyuki Shimizu - Whole-Time Director
- Ashwin Muthiah Chidambaram - Director
- Koji Mizuno - Director
- Thiagarajan Natarajan - Company Secretary
The latest financial statements of Mitsuba India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mitsuba India is 33AACCM4446M1ZC, registered in Tamil Nadu. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 33AACCM4446M2ZB (Tamil Nadu), 06AACCM4446M1Z9 (Haryana), 24AACCM4446M1ZB (Gujarat).
The CIN (Corporate Identification Number) of Mitsuba India is U34300TN2000PTC046158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mitsuba India has 21 court cases on record: 4 filed by the company and 17 filed against it. 3 are pending. Most are in the district courts.
Mitsuba India was incorporated on 21 November 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chennai.
Mitsuba India has 7 deals on record (7 funding rounds), with disclosed funding of ₹1,197.98 Cr; the latest was in December 2018.
Hiroyuki Shimizu was appointed as Whole-Time Director on 23 May 2025. Hiroyuki Shimizu ceased to be Additional Director on 23 May 2025. Kosuke Suzuki ceased to be Additional Director on 19 Aug 2024. Mitsuba India has 39 board changes on record in total.
Mitsuba India has 13 MSME Form 1 returns on record between 2014 and 2021, listing 134 overdue payments to 50 micro and small suppliers. The latest return was filed on 27 Oct 2021.
Mitsuba India can be reached through the website mitsuba.co.jp. Its registered office is in Chennai, Tamil Nadu, India.
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