- Total income
- ₹20,642 Cr
- Profit
- ₹2,006 Cr

About JCB India Limited
Data last updated:
JCB India Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Jc Bamford Excavators Limited. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 01 February 1979 and has been in existence for over 47 years.
JCB India is ranked #43 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1979PLC009431. Its GSTIN is 07AAACE0078P3ZD (Delhi). The company holds 74 GST registrations, of which 52 are active.
The company has an authorised share capital of ₹610 Cr and a paid-up capital of ₹8.49 Cr. It was formerly known as Escorts Jcb Limited. It is led by directors including Deepak Jagannath Shetty (Managing Director) and Sunil Khurana (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 1 / I – 1 2nd Floor Mohan Co – Operative Industrial Estate Ma, Thura Road, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2025, the company reported a revenue of ₹20,255 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1,992.14 Cr (net margin 9.8%) and EBITDA of ₹2,896.53 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 15% over five years.
The company has about 5,087 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹28.44 Cr on record. Court records list 404 cases involving the company, including 236 filed by the company and 168 filed against it; 58 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in May 2013. The company has 135 MSME Form 1 returns on record between 2014 and 2024, listing 14,950 overdue payments to 698 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 jcb.com.
Company details
Recognitions & Rankings of JCB India
Contact details
JCB India Limited's registered office is in New Delhi, Delhi. Its website is jcb.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 1 / I – 1 2nd Floor Mohan Co – Operative Industrial Estate Ma, Thura Road, New Delhi, Delhi, India – 110044
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of JCB India 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
Business activity
The main business activity of JCB India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| 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 |
To see the full business activity and turnover split of JCB India Limited, buy the company report.
Financials of JCB India Limited
FY 2025 filings availableJCB India Limited reported revenue of ₹20,255 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 8% growth in the latest year. EBITDA fell 5% 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 | ₹20,255 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2,896.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,992.14 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 | 14.3% | ||||
| Net Profit Margin | 9.8% | ||||
| 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 JCB India Limited, buy the company report.
Board of directors of JCB India Limited
JCB India has 8 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| The Lord Anthony Paul Bamford | Director | 27 Sep 1993 | 33 Years 1 Months | Current |
| Graeme Angus Macdonald | Director | 01 Jan 2014 | 12 Years 9 Months | Current |
| Mark William E Turner Also directs: JCB Power Products India Private Limited | Director | 25 Mar 2015 | 11 Years 7 Months | Current |
| Deepak Jagannath Shetty | Managing Director | 02 Sep 2020 | 6 Years 1 Months | Current |
| Preeti Mehta | Director | 01 Mar 2019 | 7 Years 7 Months | Current |
| Sunil Khurana Also directs: JCB Industries Private Limited, JCB Access India Private Limited, JCB Power Products India Private Limited and 1 more | Whole-Time Director | 23 Dec 2020 | 5 Years 10 Months | Current |
Auditor
JCB India Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2022 | 012754N/N500016 |
Shareholding
The shareholding of JCB India 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 JCB India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2003 | 90043822 | Standard Chartered Bank | ₹28.4 Cr | Satisfied | |
| 12 May 1994 | 90041234 | Canara Bank | ₹3.8 Lakh | Satisfied |
To see the full charge records of JCB India Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
JCB India Limited has 2 deals on record (2 secondary share transfers); the latest was in May 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2013 | Secondary share transfer | Undisclosed | Seller: J C Bamford Excavators Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Seller: J C B Mauritius Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
JCB India Limited has 404 court cases on record: 236 filed by JCB India, 168 filed against it. 58 cases are pending and 346 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 228 | 56 | 24 |
| District courts | 146 | 93 | 29 |
| Supreme Court | 30 | 19 | 5 |
Cases on record (5 of 404)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2402-Indirect Taxation : Central Excise Act, Central Excise Tariff Act) | Filed against the company by Commissioner of Central Excise Pune I | Disposed |
| Supreme Court | Court case (2402-Indirect Taxation : Central Excise Act, Central Excise Tariff Act) | Filed against the company by Commissioner of Central Goods and Services Tax | Disposed |
| District court, Faridabad, Haryana | Company petition | Filed against the company by Compass Group India Private Limited | Pending |
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed against the company by M/S. Apeejay Private Limited | Pending |
| District court, South East, Delhi | Civil suit | Filed against the company by Meru Infrastructure Pvt. Ltd. | Pending |
To see the full case history of JCB India 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
JCB India Limited has 135 MSME Form 1 returns on record between 2014 and 2024, listing 14,950 overdue payments to 698 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 698)
To see the full MSME payment records of JCB India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
JCB India has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Lady Bamford Foundation | U74140DL2015NPL278759 | |
| JCB Literature Foundation | U92490DL2018NPL331461 |
To see the full group structure of JCB India Limited, buy the company report.
Employees & EPFO
JCB India Limited has a workforce of 5,087 employees on its EPFO records as of Apr 02, 2024, across 4 active EPFO establishments.
GST
JCB India has 74 GST registrations: 52 active and 22 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACE0078P3ZD | Delhi | Active | 16 Aug 2017 |
| 07AAACE0078P1CQ | Delhi | Active | 14 Jan 2026 |
| 06AAACE0078P1ZH | Haryana | Active | 01 Jul 2017 |
| 08AAACE0078P1ZD | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of JCB India Limited, buy the company report.
Recent activity
JCB India Limited has 33 board changes on record since 1993: 8 appointments and 25 cessations. The latest: Robert Alexander Mark Winter was appointed as Director on 16 Jun 2025.
28 earlier events are in the company report.
News
From our blog
Frequently asked questions
JCB India is an active public limited company based in New Delhi, Delhi, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 01 February 1979 (47+ years old) and is registered under CIN U74899DL1979PLC009431.
JCB India has 8 current directors:
- Deepak Jagannath Shetty - Managing Director
- Sunil Khurana - Whole-Time Director
- The Lord Anthony Paul Bamford - Director
- Graeme Angus Macdonald - Director
- Mark William E Turner - Director
- Preeti Mehta - Director
- Adrian Craig Ross - Director
- Robert Alexander Mark Winter - Director
The latest financial statements of JCB India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of JCB India is 07AAACE0078P3ZD, registered in Delhi. The company has 74 GST registrations in all, of which 52 are active and 22 are cancelled or inactive. Other active GSTINs include 07AAACE0078P1CQ (Delhi), 06AAACE0078P1ZH (Haryana), 08AAACE0078P1ZD (Rajasthan).
The CIN (Corporate Identification Number) of JCB India is U74899DL1979PLC009431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JCB India has 404 court cases on record: 236 filed by the company and 168 filed against it. 58 are pending. Most are in the high courts.
JCB India was incorporated on 01 February 1979, making it 47+ years old. It is registered with the Registrar of Companies, Delhi.
JCB India has 2 deals on record (2 secondary share transfers); the latest was in May 2013.
Robert Alexander Mark Winter was appointed as Director on 16 Jun 2025. Adrian Craig Ross ceased to be Additional Director on 23 Dec 2020. Sunil Khurana was appointed as Whole-Time Director on 23 Dec 2020. JCB India has 33 board changes on record in total.
JCB India has 135 MSME Form 1 returns on record between 2014 and 2024, listing 14,950 overdue payments to 698 micro and small suppliers. The latest return was filed on 25 Apr 2024.
JCB India can be reached through the website jcb.com. Its registered office is in New Delhi, Delhi, India.