MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-UP-28-0001980
Systemair India Private Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹372.39 Cr
▲ 13% YoY
Net profit · FY 2025
₹21.82 Cr
Net margin 5.9%
EBITDA · FY 2025
₹36.57 Cr
EBITDA margin 9.8%
Authorised capital
₹23 Cr
Registered with MCA
Paid-up capital
₹22.89 Cr
Issued & subscribed
Open charges
₹60 Cr
Satisfied ₹50.53 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
452
Provident fund records
About Systemair India Private Limited
Data last updated:
Systemair India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Systemair Ab. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 29 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31908DL2007PTC164074. Its GSTIN is 09AAKCS9465Q1Z4 (Uttar Pradesh). The company holds 10 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹22.89 Cr. It was formerly known as Systemair Fans Private Limited. It is led by directors Kurt Helmut Maurer and Asokdas Mozhikunnam Damodaran.
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 2 Commercial Complex Mayfair Garden, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2025, the company reported a revenue of ₹372.39 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹21.82 Cr (net margin 5.9%) and EBITDA of ₹36.57 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 20% over five years.
The company has about 452 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Systemair. As per MCA filings, the company has open charges of ₹60 Cr and satisfied charges of ₹50.53 Cr on record. Court records list 77 cases involving the company, including 75 filed by the company and 2 filed against it; 11 cases are pending. The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹16.29 Cr; the latest was in March 2012. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 317 overdue payments to 75 micro and small suppliers.
Systemair India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0001980). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website systemair.com.
Company details
CIN U31908DL2007PTC164074
Registration Number 164074
Incorporation Date 29 May 2007
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Systemair Ab
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-28-0001980
Recognitions & Rankings of Systemair India
Contact details
Systemair India Private Limited's registered office is in New Delhi, Delhi. Its website is systemair.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2 Commercial Complex Mayfair Garden, New Delhi, Delhi, India – 110016
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Systemair India Private Limited, buy the company report.
Comprehensive company report
Systemair 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Systemair India operates one associated brand: Systemair. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sustainable HVAC products and systems are manufactured for various sectors. | systemair.com |
Business activity
The main business activity of Systemair India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Systemair India Private Limited, buy the company report.
Financials of Systemair India Private Limited
FY 2025 filings availableSystemair India Private Limited reported revenue of ₹372.39 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹372.39 Cr ▲ 13%
Net profit · FY 2025
₹21.82 Cr margin 5.9%
EBITDA · FY 2025
₹36.57 Cr margin 9.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 16%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 21%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 13% growth in the latest year. EBITDA rose 18% 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 | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹36.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.82 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | 5.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Systemair India Private Limited, buy the company report.
Board of directors of Systemair India Private Limited
Systemair India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kurt Helmut Maurer Also directs: Nadi Airtechnics Private Limited | Director | 30 Aug 2019 | 7 Years 1 Months | Current |
| Asokdas Mozhikunnam Damodaran | Director | 29 Sep 2011 | 15 Years 0 Months | Current |
Auditor
Systemair India Private Limited is audited by T R CHADHA & CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T R CHADHA & CO LLP | FY 2022 | 006711N/N500028 |
Shareholding
The shareholding of Systemair 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 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 Systemair India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹60 Cr
Satisfied charges
₹50.53 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 2024 | 100916762 | Others | ₹25 Cr | Open | |
| 03 Apr 2019 | 100257833 | Hdfc Bank Limited | ₹35 Cr | Open | |
| 22 May 2012 | 10359804 | Canara Bank | ₹1.85 Cr | Satisfied | |
| 04 Mar 2009 | 10148636 | Canara Bank | ₹36 Cr | Satisfied | |
| 16 Apr 2007 | 10050368 | Canara Bank | ₹12 Cr | Satisfied |
To see the full charge records of Systemair India Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Systemair India Private Limited has 4 deals on record (4 funding rounds), with disclosed funding of ₹16.29 Cr; the latest was in March 2012.
Total deals
4
Funding rounds
4
Disclosed funding
₹16.29 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Funding round | ₹5 Cr | Investors: an individual |
| Dec 2011 | Funding round | ₹1.89 Cr | Investors: an individual |
| Jan 2010 | Funding round | ₹6.72 Cr | Investors: an individual |
| Mar 2008 | Funding round | ₹2.67 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Systemair India Private Limited has 77 court cases on record: 75 filed by Systemair India, 2 filed against it. 11 cases are pending and 66 are disposed.
Total cases
77
Filed by the company
75
Filed against the company
2
Pending
11
Disposed
66
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 72 | 2 | 9 |
| High courts | 5 | 0 | 2 |
Cases on record (5 of 77)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Commercial suit | Filed by the company against Centech Engineers Pvt. Ltd. and Anr. and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against Sensicool Technologies (India) Pvt. Ltd. and 1 other | Pending |
| District court, South, Delhi | Civil suit | Filed by the company against Airon Pharma Solutions Pvt. Ltd. and 1 other | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Protek Air Solutions Pvt Ltd and 1 other | Pending |
| District court, South, Delhi | Commercial suit | Filed by the company against Shapoorji Pallonji and Company Pvt Ltd and Anr and 1 other | Disposed |
To see the full case history of Systemair 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.
Credit ratings & regulatory alerts
Systemair India Private Limited was last rated by Brickwork on 28 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 28 Sep 2021 |
To see the full credit ratings and regulatory alerts of Systemair India Private Limited, buy the company report.
MSME payment delays
Systemair India Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 317 overdue payments to 75 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 75)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ralpro Industries Private Limited | |||
| an individual supplier | |||
| Ramco Plast Product Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Systemair India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Systemair India Private Limited has a workforce of 452 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
Employee count
452
Active EPFO establishments
2
Employee growth
0.67%
GST
Systemair India has 10 GST registrations: 5 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
5
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAKCS9465Q1Z4 | Uttar Pradesh | Active | 01 Jul 2017 |
| 36AAKCS9465Q1Z7 | Telangana | Active | 01 Jul 2017 |
| 27AAKCS9465Q1Z6 | Maharashtra | Active | 21 Sep 2017 |
| 29AAKCS9465Q1Z2 | Karnataka | Active | 22 Sep 2017 |
To see the full GST registrations and return filing status of Systemair India Private Limited, buy the company report.
Recent activity
Systemair India Private Limited has 10 board changes on record since 2011: 2 appointments and 8 cessations. The latest: Kurt Helmut Maurer ceased to be Additional Director on 30 Sep 2019.
AGM
Systemair India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 25.00 Cr registered on 15 Apr 2024 with Charge ID 100916762 was modified on 14 Aug 2025.
Filing
Systemair India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100916762 was registered on 15 Apr 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 35.00 Cr registered on 03 Apr 2019 with Charge ID 100257833 was modified on 19 Sep 2022.
Ceased
Kurt Helmut Maurer ceased to be Additional Director.
Ceased
Hakan Lenjesson Georg ceased to be Director.
Appointed
Kurt Helmut Maurer was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 35.00 Cr with Charge ID 100257833 was registered on 03 Apr 2019.
Charges
A charge registered on 16 Apr 2007 via Charge ID 10050368 with Canara Bank was fully satisfied on 28 Mar 2019.
Ceased
Shilpi Kulshrestha ceased to be Company Secretary.
Ceased
Mats Olov Lund ceased to be Director.
19 earlier events are in the company report.
News
Frequently asked questions
Systemair India is an active private limited company based in New Delhi, Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 29 May 2007 (19+ years old) and is registered under CIN U31908DL2007PTC164074.
Systemair India has 2 current directors:
- Kurt Helmut Maurer - Director
- Asokdas Mozhikunnam Damodaran - Director
The latest financial statements of Systemair 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 Systemair India is 09AAKCS9465Q1Z4, registered in Uttar Pradesh. The company has 10 GST registrations in all, of which 5 are active and 5 are cancelled or inactive. Other active GSTINs include 36AAKCS9465Q1Z7 (Telangana), 27AAKCS9465Q1Z6 (Maharashtra), 29AAKCS9465Q1Z2 (Karnataka).
The CIN (Corporate Identification Number) of Systemair India is U31908DL2007PTC164074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Systemair India has 77 court cases on record: 75 filed by the company and 2 filed against it. 11 are pending. Most are in the district courts.
Systemair India was incorporated on 29 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Systemair India has 4 deals on record (4 funding rounds), with disclosed funding of ₹16.29 Cr; the latest was in March 2012.
Kurt Helmut Maurer ceased to be Additional Director on 30 Sep 2019. Hakan Lenjesson Georg ceased to be Director on 16 Sep 2019. Kurt Helmut Maurer was appointed as Director on 30 Aug 2019. Systemair India has 10 board changes on record in total.
Yes, Systemair India is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-28-0001980).
Systemair India has 14 MSME Form 1 returns on record between 2019 and 2024, listing 317 overdue payments to 75 micro and small suppliers. The latest return was filed on 29 Apr 2024.