MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TN-11-0016107
India Pistons Limited - automotive in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹234.75 Cr
▲ 7% YoY
Net loss · FY 2026
₹70.52 Cr
Net margin -30%
EBITDA · FY 2026
-₹36.99 Cr
EBITDA margin -15.8%
Authorised capital
₹232.5 Cr
Registered with MCA
Paid-up capital
₹225 Cr
Issued & subscribed
Open charges
₹143.45 Cr
Satisfied ₹220.7 Cr
Company age
77 yrs
Est. 1949
Employees · EPFO
587
Provident fund records
About India Pistons Limited
Data last updated:
India Pistons Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Simpson And Company Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 30 July 1949 and has been in existence for over 77 years.
Its director A Krishnamoorthy is #368 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U35999TN1949PLC000951. Its GSTIN is 33AAACI1439E1Z4 (Tamil Nadu). The company holds 8 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹232.5 Cr and a paid-up capital of ₹225 Cr. It is led by directors including Gautam Venkataramani (Whole-Time Director) and Pasalai Rajamani Sankaran.
Its last annual general meeting (AGM) was held on 25 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Huzur Gardens Sembiam, Chennai, Tamil Nadu, India – 600011.
As per the financials filed for FY 2026, the company reported a revenue of ₹234.75 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹70.52 Cr (net margin -30%) and EBITDA of -₹36.99 Cr (EBITDA margin -15.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company has about 587 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: India Pistons. As per MCA filings, the company has open charges of ₹143.45 Cr and satisfied charges of ₹220.7 Cr on record. Court records list 250 cases involving the company, including 158 filed by the company and 92 filed against it; 45 cases are pending. The company has 14 deals on record (8 funding rounds, 5 rights issues, 1 secondary share transfer), with disclosed funding of ₹117.8 Cr; the latest was in March 2025. The company has 23 MSME Form 1 returns on record between 2017 and 2022, listing 704 overdue payments to 238 micro and small suppliers.
India Pistons Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-11-0016107). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiapistons.com.
Company details
CIN U35999TN1949PLC000951
Registration Number 000951
Incorporation Date 30 July 1949
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 August 2026
Date of Balance Sheet 31 March 2026
Parent Company Simpson And Company Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-11-0016107
Key People
Gautam Venkataramani Whole-Time Director Pasalai Rajamani Sankaran Director Srinivasaraghavan Sridharan Director Recognitions & Rankings of India Pistons
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #368 A Krishnamoorthy ₹10,100 Cr
Contact details
India Pistons Limited's registered office is in Chennai, Tamil Nadu. Its website is indiapistons.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHuzur Gardens Sembiam, Chennai, Tamil Nadu, India – 600011
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of India Pistons Limited, buy the company report.
Comprehensive company report
India Pistons 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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Brands
India Pistons operates one associated brand: India Pistons. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures, supplies, and exports automotive pistons globally. | indiapistons.com |
Business activity
The main business activity of India Pistons is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment |
To see the full business activity and turnover split of India Pistons Limited, buy the company report.
Financials of India Pistons Limited
FY 2026 filings availableIndia Pistons Limited reported revenue of ₹234.75 Cr (up 7% YoY) for FY 2026.
Revenue · FY 2026
₹234.75 Cr ▲ 7%
Net loss · FY 2026
₹70.52 Cr margin -30%
EBITDA · FY 2026
-₹36.99 Cr margin -15.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 5%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 134%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 7% growth in the latest year. EBITDA fell 134% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹234.75 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹36.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹70.52 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.8% | ||||
| Net Profit Margin | -30% | ||||
| 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 India Pistons Limited, buy the company report.
Board of directors of India Pistons Limited
India Pistons has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pasalai Rajamani Sankaran Also directs: Bimetal Bearings Limited, Addison & Co. Limited, Amalgamations Valeo Clutch Private Limited and 4 more | Director | 19 Apr 2022 | 4 Years 6 Months | Current |
| Srinivasaraghavan Sridharan Also directs: George Oakes Limited, Simpson & General Finance Company Limited | Director | 31 Aug 2011 | 15 Years 2 Months | Current |
| Venkataramani Anantharamakrishnan Also directs: Amalgamations Private Limited, Amalgamations Repco Limited, George Oakes Limited and 5 more | Director | 19 Dec 2005 | 20 Years 10 Months | Current |
| Gautam Venkataramani Also directs: Ipl Shaw Solutions Private Limited, Adyar Property Holding Company Private Limited, Speed-A-Way Private Limited and 2 more | Whole-Time Director | 14 Mar 2012 | 14 Years 7 Months | Current |
| Anantharamakrishnan Krishnamoorthy Also directs: Bimetal Bearings Limited, Stanes Amalgamated Estates Limited, T Stanes and Company Limited and 5 more | Director | 18 Nov 1981 | 44 Years 11 Months | Current |
Auditor
India Pistons Limited is audited by M S Krishnaswami & Rajan for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S Krishnaswami & Rajan | FY 2026 | 01554S |
Shareholding
The shareholding of India Pistons Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of India Pistons Limited, buy the company report.
Charges & borrowings
Open charges
₹143.45 Cr
Satisfied charges
₹220.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2026 | 101323737 | Others | ₹5.71 Cr | Open | |
| 13 Oct 2022 | 100643104 | Others | ₹6.5 Cr | Open | |
| 19 Aug 2021 | 100478521 | Others | ₹13 Cr | Open | |
| 17 Jun 2021 | 100457012 | Others | ₹58.26 Lakh | Open | |
| 17 Dec 2012 | 10396247 | Hdfc Bank Limited | ₹8.5 Cr | Open |
To see the full charge records of India Pistons Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
India Pistons Limited has 14 deals on record (8 funding rounds, 5 rights issues, 1 secondary share transfer), with disclosed funding of ₹117.8 Cr; the latest was in March 2025.
Total deals
14
Funding rounds
8
Rights issues
5
Secondary share transfer
1
Disclosed funding
₹117.8 Cr
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Funding round | ₹50 Cr | Investors: Simpson and Company Limited |
| Mar 2024 | Rights issue | ₹82.5 Cr | Investors: Simpson and Company Limited |
| Oct 2022 | Funding round | ₹25 Cr | Investors: Simpson and Company Limited |
| Nov 2020 | Funding round | ₹7.5 Cr | Investors: Simpson and Company Limited |
| Nov 2020 | Rights issue | ₹35 Cr | Investors: Simpson and Company Limited |
To see the full deal history of India Pistons 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
India Pistons Limited has 250 court cases on record: 158 filed by India Pistons, 92 filed against it. 45 cases are pending and 205 are disposed.
Total cases
250
Filed by the company
158
Filed against the company
92
Pending
45
Disposed
205
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 229 | 76 | 39 |
| District courts | 12 | 9 | 2 |
| NCLAT | 5 | 5 | 4 |
| Supreme Court | 4 | 2 | 0 |
Cases on record (5 of 250)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Arbitration matter | Filed by the company against M/S.Inox Air Products Private Limited | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Emtex Engineering Private Limited | Disposed |
| High Court, TAMIL NADU | Arbitration matter | Filed by the company against M/S.Inox Air Products Private Limited | Disposed |
| Bombay High Court | Court case (SPMA) | Filed against the company by Welcast Steels Ltd. | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of India Pistons 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
India Pistons Limited has 23 MSME Form 1 returns on record between 2017 and 2022, listing 704 overdue payments to 238 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 238)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Refcoat Chemicals Private Limited | |||
| Power Centre Private Limited | |||
| an individual supplier | |||
| Metalguard Private Limited | |||
| Rhanos Private Limited |
To see the full MSME payment records of India Pistons Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
India Pistons has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
India Pistons Limited has a workforce of 587 employees on its EPFO records as of Apr 2026, across 2 active EPFO establishments.
Employee count
587
Active EPFO establishments
2
Employee growth
-92.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 53 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of India Pistons Limited, buy the company report.
GST
India Pistons has 8 GST registrations: 3 active and 5 cancelled or inactive.
Total GSTINs
8
Active
3
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACI1439E1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
| 29AAACI1439E2ZS | Karnataka | Active | 01 Jul 2017 |
| 37AAACI1439E1ZW | Andhra Pradesh | Active | 07 Sep 2023 |
To see the full GST registrations and return filing status of India Pistons Limited, buy the company report.
Recent activity
India Pistons Limited has 14 board changes on record since 1981: 5 appointments and 9 cessations. The latest: Pasalai Rajamani Sankaran was appointed as Director on 19 Apr 2022.
AGM
India Pistons Limited last Annual general meeting of members was held on 25 Aug 2026 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 5.71 Cr with Charge ID 101323737 was registered on 10 Jun 2026.
Filing
India Pistons Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
Charges
A charge with Others of Rs. 103.16 Cr registered on 20 Dec 1972 with Charge ID 90287117 was modified on 07 Oct 2025.
Charges
A charge registered on 29 May 2020 via Charge ID 100341280 with Others was fully satisfied on 30 Jun 2023.
Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100643104 was registered on 13 Oct 2022.
Appointed
Pasalai Rajamani Sankaran was appointed as Director.
Ceased
Mahadevan ceased to be Director.
Ceased
Sadagopachari Ramanujachari ceased to be Director.
Charges
A charge registered on 27 Jan 2017 via Charge ID 100080770 with Others was fully satisfied on 01 Sep 2021.
Charges
A charge with Others amounted to Rs. 13.00 Cr with Charge ID 100478521 was registered on 19 Aug 2021.
Charges
A charge with Others amounted to Rs. 0.58 Cr with Charge ID 100457012 was registered on 17 Jun 2021.
73 earlier events are in the company report.
Frequently asked questions
India Pistons is an active public limited company based in Chennai, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 30 July 1949 (77+ years old) and is registered under CIN U35999TN1949PLC000951.
India Pistons has 5 current directors:
- Gautam Venkataramani - Whole-Time Director
- Pasalai Rajamani Sankaran - Director
- Srinivasaraghavan Sridharan - Director
- Venkataramani Anantharamakrishnan - Director
- Anantharamakrishnan Krishnamoorthy - Director
The latest financial statements of India Pistons on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of India Pistons is 33AAACI1439E1Z4, registered in Tamil Nadu. The company has 8 GST registrations in all, of which 3 are active and 5 are cancelled or inactive. Other active GSTINs include 29AAACI1439E2ZS (Karnataka), 37AAACI1439E1ZW (Andhra Pradesh).
The CIN (Corporate Identification Number) of India Pistons is U35999TN1949PLC000951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
India Pistons has 250 court cases on record: 158 filed by the company and 92 filed against it. 45 are pending. Most are in the high courts.
India Pistons was incorporated on 30 July 1949, making it 77+ years old. It is registered with the Registrar of Companies, Chennai.
India Pistons has 14 deals on record (8 funding rounds, 5 rights issues, 1 secondary share transfer), with disclosed funding of ₹117.8 Cr; the latest was in March 2025.
Pasalai Rajamani Sankaran was appointed as Director on 19 Apr 2022. Mahadevan ceased to be Director on 31 Mar 2022. Sadagopachari Ramanujachari ceased to be Director on 17 Jan 2022. India Pistons has 14 board changes on record in total.
Yes, India Pistons is registered as an MSME under Udyam registration (number: UDYAM-TN-11-0016107).
India Pistons has 23 MSME Form 1 returns on record between 2017 and 2022, listing 704 overdue payments to 238 micro and small suppliers. The latest return was filed on 08 Dec 2022.
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