About Itw India Private Limited
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Itw India Private Limited is a private limited company based in Ballabgarh, Haryana, India, a subsidiary of Illinois Tool Works Inc.. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 30 November 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32301HR1979PTC038643. Its GSTIN is 06AAACI4550Q1ZA (Haryana). The company holds 25 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹52.35 Cr and a paid-up capital of ₹13.49 Cr. It was formerly known as Magarjuna Singnode Limited and Magarjuna Strapping Systems Private Limited. It is led by directors including Rohit Gupta (Whole-Time Director) and Stephen James Rowell.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot Nos. 50 – 59 Sector – 25, Ballabgarh, Haryana, India – 121004.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,120.81 Cr. For the same year it recorded a net profit of ₹300.79 Cr (net margin 26.8%) and EBITDA of ₹405.02 Cr (EBITDA margin 36.1%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 11% over five years.
The company has about 576 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: ITW India and Illinois Tool Works. As per MCA filings, the company has satisfied charges of ₹72.31 Cr on record. Court records list 103 cases involving the company, including 47 filed by the company and 56 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itw.com.
Company details
Name history
Itw India has undergone 4 name changes throughout its history. The current legal name is Itw India Private Limited.
| Company Name | Status |
|---|---|
| Itw India Private Limited | Current |
| Magarjuna Singnode Limited | Previous |
| Magarjuna Strapping Systems Private Limited | Previous |
| Itw Signode India Limited | Previous |
| Itw India Limited | Previous |
CIN history
Itw India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U32301HR1979PTC038643, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32301HR1979PTC038643 | Current |
| U32301AP1979PLC002576 | Previous |
| U32301HR1979PLC038643 | Previous |
Contact details
Itw India Private Limited's registered office is in Ballabgarh, Haryana. Its website is itw.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot Nos. 50 – 59 Sector – 25, Ballabgarh, Haryana, India – 121004
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Itw 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
Itw India operates two associated brands: ITW India and Illinois Tool Works. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of carton erection, coil & wire wrapping, and other packaging products | itwsignodeindia.co.in | |
| Major auto components are manufactured and supplied to OEMs. | itw.com |
Financials of Itw India Private Limited
FY 2025 filings availableItw India Private Limited reported revenue of ₹1,120.81 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,120.81 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹405.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹300.79 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.1% | ||||
| Net Profit Margin | 26.8% | ||||
| 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 Itw India Private Limited, buy the company report.
Board of directors of Itw India Private Limited
Itw India has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Stephen James Rowell | Director | 12 Oct 2020 | 6 Years 0 Months | Current |
| Rohit Gupta Also directs: Avery India Ltd, Stokvis Prostick Tapes Private Limited | Whole-Time Director | 01 Jan 2013 | 13 Years 9 Months | Current |
| Joanna Barbara Pasek Also directs: Stokvis Prostick Tapes Private Limited | Director | 01 Apr 2014 | 12 Years 6 Months | Current |
Auditor
Itw India Private Limited is audited by Deloitte Haskins & Sells for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2024 | 015125N |
Shareholding
The shareholding of Itw India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Itw India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2005 | 90093134 | The United Western Bank Limited | ₹5 Lakh | Satisfied | |
| 26 May 2004 | 90092643 | The United Western Bank Ltd | ₹32.5 Lakh | Satisfied | |
| 26 Jun 2001 | 90085814 | Rupee Co Op Bank Ltd | ₹2.5 Lakh | Satisfied | |
| 30 Mar 1999 | 90258481 | State Bank of India | ₹3.05 Cr | Satisfied | |
| 31 Dec 1997 | 90259780 | Syndicate Bank | ₹3.12 Cr | Satisfied |
To see the full charge records of Itw India Private Limited, buy the company report.
Total charge records: 45 View all charges
Legal cases
Itw India Private Limited has 103 court cases on record: 47 filed by Itw India, 56 filed against it. 9 cases are pending and 94 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 73 | 40 | 6 |
| District courts | 26 | 14 | 3 |
| Supreme Court | 4 | 2 | 0 |
Cases on record (5 of 103)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Metalguard Pvt Ltd. and 2 others | Disposed |
| Madras High Court | Appeal | Filed by the company against Metalguard Pvt Ltd. and 1 other | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Metalguard Pvt Ltd. and 1 other | Disposed |
| High Court | Court case ((T)CMA(TM)) | Filed by the company against M/S. Metalguard Pvt Ltd and 1 other | Disposed |
| High Court, TAMIL NADU | Court case (COM APEL) | Filed against the company by Mekuba Petroleum India Pvt Ltd and 3 others | Disposed |
To see the full case history of Itw 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
Itw India Private Limited has 53 MSME Form 1 returns on record between 2019 and 2024, listing 9,888 overdue payments to 226 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 226)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shree Rapid Technologies | |||
| an individual supplier | |||
| Harness Cable Connector P.Ltd. | |||
| Union Rubber Mills |
To see the full MSME payment records of Itw India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Itw India has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Avery India Ltd | U29196HR1947PLC043478 |
To see the full group structure of Itw India Private Limited, buy the company report.
Employees & EPFO
Itw India Private Limited has a workforce of 576 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Itw India has 25 GST registrations: 8 active and 17 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACI4550Q1ZA | Haryana | Active | 01 Jul 2017 |
| 06AAACI4550Q3Z8 | Haryana | Active | 19 Mar 2025 |
| 24AAACI4550Q1ZC | Gujarat | Active | 01 Jul 2017 |
| 27AAACI4550Q1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Itw India Private Limited, buy the company report.
Recent activity
Itw India Private Limited has 27 board changes on record since 2007: 5 appointments and 22 cessations. The latest: Rahul Sharma was appointed as Company Secretary on 07 Oct 2024.
128 earlier events are in the company report.
News
Frequently asked questions
Itw India is an active private limited company based in Ballabgarh, Haryana, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 30 November 1979 (47+ years old) and is registered under CIN U32301HR1979PTC038643.
Itw India has 3 current directors:
- Rohit Gupta - Whole-Time Director
- Stephen James Rowell - Director
- Joanna Barbara Pasek - Director
The latest financial statements of Itw India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Itw India is 06AAACI4550Q1ZA, registered in Haryana. The company has 25 GST registrations in all, of which 8 are active and 17 are cancelled or inactive. Other active GSTINs include 06AAACI4550Q3Z8 (Haryana), 24AAACI4550Q1ZC (Gujarat), 27AAACI4550Q1Z6 (Maharashtra).
The CIN (Corporate Identification Number) of Itw India is U32301HR1979PTC038643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itw India has 103 court cases on record: 47 filed by the company and 56 filed against it. 9 are pending. Most are in the high courts.
Itw India was incorporated on 30 November 1979, making it 47+ years old. It is registered with the Registrar of Companies, Delhi.
Rahul Sharma was appointed as Company Secretary on 07 Oct 2024. Sarvesh Kumar Upadhyay ceased to be Company Secretary on 08 Apr 2024. Sriramulu Nallapati ceased to be Whole-Time Director on 01 Apr 2022. Itw India has 27 board changes on record in total.
Itw India has 53 MSME Form 1 returns on record between 2019 and 2024, listing 9,888 overdue payments to 226 micro and small suppliers. The latest return was filed on 01 May 2024.
Itw India can be reached through the website itw.com. Its registered office is in Ballabgarh, Haryana, India.
The registered office of Itw India is at Plot Nos. 50 – 59 Sector – 25, Ballabgarh, Haryana, India – 121004.