Goltens India Private Limited

Goltens India Private Limited - machinery and equipment in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29200MH2006PTC158855 Incorporated 13 January 2006 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2024
₹45.66 Cr
▲ 14% YoY
Net profit · FY 2024
₹5.5 Cr
Net margin 12%
EBITDA · FY 2024
₹8.31 Cr
EBITDA margin 18.2%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹1.82 Cr
Issued & subscribed
Satisfied charges
₹4 Cr
No open charges
Company age
20 yrs
Est. 2006
Employees · EPFO
112
Provident fund records

About Goltens India Private Limited

Data last updated:

Goltens India Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Goltens Singapore Pte. Limited. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 13 January 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29200MH2006PTC158855. Its GSTIN is 27AACCG5449G1ZJ (Maharashtra). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.82 Cr. It is led by directors including Ramachandran Sudharshan and Sandeep Seth.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. A – 183 Ttc Industrial Area Behind White House Thane Belapur Road, Navi Mumbai, Maharashtra, India – 400705.

As per the financials filed for FY 2024, the company reported a revenue of ₹45.66 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹5.5 Cr (net margin 12%) and EBITDA of ₹8.31 Cr (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 5% over five years.

The company has about 112 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

As per MCA filings, the company has satisfied charges of ₹4 Cr on record. Court records list 18 cases involving the company, including 15 filed by the company and 3 filed against it; 2 cases are pending.

Goltens India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0066388). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goltens.com.

Company details

CIN U29200MH2006PTC158855
Registration Number 158855
Incorporation Date 13 January 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Goltens Singapore Pte. Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0066388

Recognitions & Rankings of Goltens India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-33-0066388

Contact details

Goltens India Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is goltens.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. A – 183 Ttc Industrial Area Behind White House Thane Belapur Road, Navi Mumbai, Maharashtra, India – 400705
  • Industry
    Machinery and Equipment, Industrial Machinery Retail & Distribution

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

Comprehensive company report
Goltens 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 Goltens India is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities

To see the full business activity and turnover split of Goltens India Private Limited, buy the company report.

Financials of Goltens India Private Limited

FY 2024 filings available

Goltens India Private Limited reported revenue of ₹45.66 Cr (up 14% YoY) for FY 2024.

Revenue · FY 2024
₹45.66 Cr ▲ 14%
Net profit · FY 2024
₹5.5 Cr margin 12%
EBITDA · FY 2024
₹8.31 Cr margin 18.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 18%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 23%
5 years · compounded
▲ 3%

Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 14% growth in the latest year. EBITDA rose 19% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹8.31 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.5 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin18.2%
Net Profit Margin12%
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 Goltens India Private Limited, buy the company report.

Board of directors of Goltens India Private Limited

Goltens India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramachandran SudharshanDirector28 Feb 20188 Years 8 MonthsCurrent
Sandeep SethDirector13 Jan 200620 Years 9 MonthsCurrent
Dipak Sakharam JoshiAdditional Director05 Jan 20260 Years 9 MonthsCurrent

Auditor

Goltens India Private Limited is audited by N J MAHTANI & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
N J MAHTANI & CO.FY 2022124930W

Shareholding

The shareholding of Goltens 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 Goltens India Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹4 Cr
Breakdown by lending institutions
Axis Bank Limited₹2.00 Cr
Icici Bank Limited₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Aug 2016100053286Axis Bank Limited₹2 CrSatisfied
12 Apr 201310419807Icici Bank Limited₹2 CrSatisfied

To see the full charge records of Goltens India Private Limited, buy the company report.

Total charge records: 2 View all charges

Credit ratings & regulatory alerts

Goltens India Private Limited was last rated by Crisil on 21 Feb 2019.

Rating agencyRated onRating
Crisil21 Feb 2019

To see the full credit ratings and regulatory alerts of Goltens India Private Limited, buy the company report.

MSME payment delays

Goltens India Private Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 125 overdue payments to 45 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 45)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Power Control Engineers Private Limited
Industrial Sales Agencies
Zebec Marine Consultants and Services Private Limited

To see the full MSME payment records of Goltens India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Goltens India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Goltens Technical Recruitment IndU93090MH2019PTC320580

To see the full group structure of Goltens India Private Limited, buy the company report.

Employees & EPFO

Goltens India Private Limited has a workforce of 112 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.

Employee count
112
Active EPFO establishments
1
Employee growth
-2.61%

GST

Goltens India has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AACCG5449G1ZJMaharashtraActive01 Jul 2017
33AACCG5449G1ZQTamil NaduActive01 Jul 2017
37AACCG5449G1ZIAndhra PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Goltens India Private Limited, buy the company report.

Recent activity

Goltens India Private Limited has 8 board changes on record since 2006: 3 appointments and 5 cessations. The latest: Dipak Sakharam Joshi was appointed as Additional Director on 05 Jan 2026.

Appointed
Dipak Sakharam Joshi was appointed as Additional Director.
AGM
Goltens India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Goltens India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai Ii.
Ceased
Ramachandran Sudharshan ceased to be Additional Director.
Charges
A charge registered on 10 Aug 2016 via Charge ID 100053286 with Axis Bank Limited was fully satisfied on 17 Apr 2018.
Ceased
Pravin Kumar Kirolikar ceased to be Director.
Appointed
Ramachandran Sudharshan was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 2.00 Cr registered on 10 Aug 2016 with Charge ID 100053286 was modified on 06 Dec 2016.
Charges
A charge registered on 12 Apr 2013 via Charge ID 10419807 with Icici Bank Limited was fully satisfied on 23 Sep 2016.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100053286 was registered on 10 Aug 2016.
Ceased
Mark Thomas Rutkowski ceased to be Director.
Ceased
Pal Fredrik Friedberg ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

Goltens India is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 13 January 2006 (20+ years old) and is registered under CIN U29200MH2006PTC158855.

Goltens India has 3 current directors:

The latest financial statements of Goltens India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Goltens India is 27AACCG5449G1ZJ, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AACCG5449G1ZQ (Tamil Nadu), 37AACCG5449G1ZI (Andhra Pradesh).

The CIN (Corporate Identification Number) of Goltens India is U29200MH2006PTC158855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Goltens India has 18 court cases on record: 15 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.

Goltens India was incorporated on 13 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.

Dipak Sakharam Joshi was appointed as Additional Director on 05 Jan 2026. Ramachandran Sudharshan ceased to be Additional Director on 29 Sep 2018. Pravin Kumar Kirolikar ceased to be Director on 31 Mar 2018. Goltens India has 8 board changes on record in total.

Yes, Goltens India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0066388).

Goltens India has 9 MSME Form 1 returns on record between 2019 and 2024, listing 125 overdue payments to 45 micro and small suppliers. The latest return was filed on 24 Apr 2024.

Goltens India can be reached through the website goltens.com. Its registered office is in Navi Mumbai, Maharashtra, India.