Gardner Aerospace Operations India Private Limited

Gardner Aerospace Operations India Private Limited - transport and logistics in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U34300KA1998PTC023872 Incorporated 22 June 1998 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2025
₹122.83 Cr
▲ 9% YoY
Net profit · FY 2025
₹31 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹9.67 Cr
EBITDA margin 7.9%
Authorised capital
₹6.25 Cr
Registered with MCA
Paid-up capital
₹1.81 Cr
Issued & subscribed
Open charges
₹15 Cr
Satisfied ₹11.56 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
213
Provident fund records

About Gardner Aerospace Operations India Private Limited

Data last updated:

Gardner Aerospace Operations India Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Gardner Group Limited. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 22 June 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U34300KA1998PTC023872. Its GSTIN is 29AABCP7912L1Z0 (Karnataka).

The company has an authorised share capital of ₹6.25 Cr and a paid-up capital of ₹1.81 Cr. It was formerly known as Gardner Aerospace Pranita Private Limited and Pranita Engineering Solutions Private Limited. It is led by directors including Arokia Swamy and Philipp Visotschnig.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.25 (New Municipal No.5) 3rd Main Road Peenya Industrial Area 1st Phase Peenya, Bengaluru, Karnataka, India – 560058.

As per the financials filed for FY 2025, the company reported a revenue of ₹122.83 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹31 Lakh (net margin 0.3%) and EBITDA of ₹9.67 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 6% over five years.

The company has about 213 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹11.56 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.49 Cr; the latest was in August 2016. Its 3 peer companies in the Aviation industry (Aerospace, Aircraft and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 1 smaller; the largest is Merlinhawk Aerospace Private Limited with revenue of ₹138.49 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 422 overdue payments to 39 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 gardner-aerospace.com.

Company details

CIN U34300KA1998PTC023872
Registration Number 023872
Incorporation Date 22 June 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Parent Company Gardner Group Limited
Compliance Status Active Compliant

Name history

Gardner Aerospace Operations India has undergone 3 name changes throughout its history. The company was previously known as Gardner Aerospace Pranita Private Limited, Pranita Engineering Solutions Private Limited, and Gardner Aerospace Operations India Private Limited. The current legal name is Gardner Aerospace Operations India Private Limited.

Company NameStatus
Gardner Aerospace Operations India Private LimitedCurrent
Gardner Aerospace Pranita Private LimitedPrevious
Pranita Engineering Solutions Private LimitedPrevious

Contact details

Gardner Aerospace Operations India Private Limited's registered office is in Bengaluru, Karnataka. Its website is gardner-aerospace.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No.25 (New Municipal No.5) 3rd Main Road Peenya Industrial Area 1st Phase Peenya, Bengaluru, Karnataka, India – 560058
  • Industry
    Transport and Logistics, Aircraft & Component Manufacturing

To see the full contact details of Gardner Aerospace Operations India Private Limited, buy the company report.

Comprehensive company report
Gardner Aerospace Operations 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 Gardner Aerospace Operations India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

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

Financials of Gardner Aerospace Operations India Private Limited

FY 2024 filings available

Gardner Aerospace Operations India Private Limited reported revenue of ₹122.83 Cr (up 9% YoY) for FY 2025.

Revenue · FY 2025
₹122.83 Cr ▲ 9%
Net profit · FY 2025
₹31 Lakh margin 0.3%
EBITDA · FY 2025
₹9.67 Cr margin 7.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 24%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 171%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 9% growth in the latest year. EBITDA rose 171% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹9.67 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹31 Lakh
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.9%
Net Profit Margin0.3%
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 Gardner Aerospace Operations India Private Limited, buy the company report.

Board of directors of Gardner Aerospace Operations India Private Limited

Gardner Aerospace Operations India has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arokia SwamyDirector30 Aug 201610 Years 2 MonthsCurrent
Philipp VisotschnigDirector28 Mar 20233 Years 7 MonthsCurrent
David Marvin HughesDirector12 Jun 201214 Years 4 MonthsCurrent

Peer comparison

Gardner Aerospace Operations India Private Limited is compared with the 3 companies closest to it by revenue in the Aviation industry (Aerospace, Aircraft and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Merlinhawk Aerospace Private Limited₹138.49 Cr (FY 2025)35.0%Bengaluru, Karnataka, India
Rangsons Aerospace Private Limited₹133.71 Cr (FY 2025)108.0%Belagola Hobli Srirangapatna, Karnataka, India
Gardner Aerospace Operations India Private Limitedthis company₹122.83 Cr (FY 2025)₹31 Lakh0.3%9.0%213Bengaluru, Karnataka, India
Macbrout Engineering Private Limited₹100.12 Cr (FY 2023)10.0%Salcete, Goa, India

To see the full peer comparison of Gardner Aerospace Operations India Private Limited, buy the company report.

Auditor

Gardner Aerospace Operations India Private Limited is audited by Suresh Surana and Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Suresh Surana and Associates LLPFY 2023121750W/W-100010

Shareholding

The shareholding of Gardner Aerospace Operations 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 Gardner Aerospace Operations India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15 Cr
Satisfied charges
₹11.56 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹15.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Aug 2020100366764Hdfc Bank Limited₹15 CrOpen
29 Nov 201210393534State Bank of Hyderabad₹24.1 LakhSatisfied
18 Dec 201010260823State Bank of Hyderabad₹13.77 LakhSatisfied
12 Oct 201010252795State Bank of Hyderabad₹4.34 CrSatisfied
19 Jul 200810114927Syndicate Bank₹58 LakhSatisfied

To see the full charge records of Gardner Aerospace Operations India Private Limited, buy the company report.

Total charge records: 15 View all charges

Deals & funding

Gardner Aerospace Operations India Private Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.49 Cr; the latest was in August 2016.

Total deals
8
Secondary share transfers
6
Funding rounds
2
Disclosed funding
₹4.49 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Aug 2016Secondary share transferUndisclosedBuyer: Gardner Group Limited
Seller: an individual
Aug 2016Secondary share transferUndisclosedBuyer: Gardner Group Limited & Gardner Aerospace, Gardner Group Limited
Seller: an individual
Mar 2016Secondary share transferUndisclosedBuyer: Gardner Group Limited, 2 individuals
Seller: an individual
Aug 2012Funding round₹3.72 CrInvestors: Gardner Group Limited
Jun 2012Secondary share transferUndisclosedBuyer: Gardner Group Limited
Seller: an individual

To see the full deal history of Gardner Aerospace Operations 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.

MSME payment delays

Gardner Aerospace Operations India Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 422 overdue payments to 39 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 39)

SupplierAmount dueDue sinceReported on
Packworld
an individual supplier
Pradeep Cargo Services Private Limited
an individual supplier
Apollo Aerospace Components India Private Limited

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

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Gardner Aerospace Operations India Private Limited has a workforce of 213 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.

Employee count
213
Active EPFO establishments
1
Employee growth
-13.06%

GST

Gardner Aerospace Operations India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCP7912L1Z0KarnatakaActive01 Jul 2017

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

Recent activity

Gardner Aerospace Operations India Private Limited has 18 board changes on record since 2012: 3 appointments and 15 cessations. The latest: Philipp Visotschnig ceased to be Additional Director on 28 Sep 2023.

AGM
Gardner Aerospace Operations India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gardner Aerospace Operations India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Philipp Visotschnig ceased to be Additional Director.
Appointed
Philipp Visotschnig was appointed as Director.
Ceased
Antony John Upton ceased to be Nominee Director.
Ceased
Dominic Owen Cartwright ceased to be Nominee Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100366764 was registered on 26 Aug 2020.
Ceased
Swetha Kamlesh Jain ceased to be Company Secretary.
Ceased
Kenneth Ian Worth ceased to be Nominee Director.
Ceased
Nicholas Ian Burgess Sanders ceased to be Nominee Director.
Ceased
Sriram Venkatraman ceased to be Company Secretary.
Ceased
Anthony Geoffrey Millington ceased to be Nominee Director.

42 earlier events are in the company report.

Frequently asked questions

Gardner Aerospace Operations India is an active private limited company based in Bengaluru, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 22 June 1998 (28+ years old) and is registered under CIN U34300KA1998PTC023872.

Gardner Aerospace Operations India has 3 current directors:

The latest financial statements of Gardner Aerospace Operations India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Gardner Aerospace Operations India is 29AABCP7912L1Z0, registered in Karnataka.

The CIN (Corporate Identification Number) of Gardner Aerospace Operations India is U34300KA1998PTC023872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gardner Aerospace Operations India has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending.

Gardner Aerospace Operations India was incorporated on 22 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.

Gardner Aerospace Operations India has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.49 Cr; the latest was in August 2016.

The peers of Gardner Aerospace Operations India by revenue are Merlinhawk Aerospace Private Limited, Rangsons Aerospace Private Limited, Macbrout Engineering Private Limited, all in the Aviation industry (Aerospace, Aircraft and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Philipp Visotschnig ceased to be Additional Director on 28 Sep 2023. Philipp Visotschnig was appointed as Director on 28 Mar 2023. Antony John Upton ceased to be Nominee Director on 26 Sep 2022. Gardner Aerospace Operations India has 18 board changes on record in total.

Gardner Aerospace Operations India has 15 MSME Form 1 returns on record between 2019 and 2024, listing 422 overdue payments to 39 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Gardner Aerospace Operations India can be reached through the website gardner-aerospace.com. Its registered office is in Bengaluru, Karnataka, India.