MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0032679
Textron India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹371.7 Cr
▲ 8% YoY
Net profit · FY 2025
₹40.57 Cr
Net margin 10.9%
EBITDA · FY 2025
₹63.6 Cr
EBITDA margin 17.1%
Authorised capital
₹19 Cr
Registered with MCA
Paid-up capital
₹9.98 Cr
Issued & subscribed
Satisfied charges
₹6.5 Cr
No open charges
Company age
22 yrs
Est. 2004
Employees · EPFO
509
Provident fund records
About Textron India Private Limited
Data last updated:
Textron India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Textron Far East Pte Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2004PTC033677. Its GSTIN is 29AACCT0118M1Z9 (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹19 Cr and a paid-up capital of ₹9.98 Cr. It was formerly known as Textron Global Technology Center Private Limited. It is led by directors Krishnan Venkataraman (Whole-Time Director) and Vijay Madhukar Pilay.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹371.7 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹40.57 Cr (net margin 10.9%) and EBITDA of ₹63.6 Cr (EBITDA margin 17.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 20% over five years.
The company has about 509 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹6.5 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹14 Lakh; the latest was in September 2024. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 9 overdue payments to 2 micro and small suppliers.
Textron India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0032679). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website textron.in.
Company details
CIN U72900KA2004PTC033677
Registration Number 033677
Incorporation Date 02 April 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Textron Far East Pte Ltd
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0032679
Recognitions & Rankings of Textron India
Contact details
Textron India Private Limited's registered office is in Bangalore, Karnataka. Its website is textron.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTextron India Private Limited Floor1&2 Tower 2 SEZ Campus Global Village Rvce Post My, Lasandra, Bangalore, Karnataka, India – 560059
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Textron India Private Limited, buy the company report.
Comprehensive company report
Textron 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 activities of Textron India are professional, scientific and technical, information and communication and manufacturing. 4 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | |
| J | Information and communication | J8 | Other information & communication service activities | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Textron India Private Limited, buy the company report.
Financials of Textron India Private Limited
FY 2024 filings availableTextron India Private Limited reported revenue of ₹371.7 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹371.7 Cr ▲ 8%
Net profit · FY 2025
₹40.57 Cr margin 10.9%
EBITDA · FY 2025
₹63.6 Cr margin 17.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 22%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 19%
5 years · compounded
▲ 150%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 8% growth in the latest year. EBITDA fell 6% 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 |
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| Total Expenses | |||||
| EBITDA | ₹63.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.57 Cr | ||||
| Balance Sheet | |||||
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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 | 17.1% | ||||
| Net Profit Margin | 10.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Textron India Private Limited, buy the company report.
Board of directors of Textron India Private Limited
Textron India has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnan Venkataraman | Whole-Time Director | 23 Mar 2009 | 17 Years 7 Months | Current |
| Vijay Madhukar Pilay | Director | 08 Sep 2011 | 15 Years 1 Months | Current |
Auditor
Textron India Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2023 | 008072S |
Shareholding
The shareholding of Textron 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 Textron India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹6.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2015 | 10599759 | Citi Bank N.A. | ₹6.5 Cr | Satisfied |
To see the full charge records of Textron India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Textron India Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹14 Lakh; the latest was in September 2024.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹14 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: Textron Atlantic LLC Seller: Textron Inc, Beechcraft International Holding LLC, Beechcraft International Service Company |
| May 2018 | Funding round | ₹14 Lakh | Investors: Beechcraft International Service Company, Beechcraft International Holding LLC |
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: Textron Far East Pte Ltd Seller: Textron Atlantic Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Textron India Private Limited has 9 court cases on record: 4 filed by Textron India, 5 filed against it. 2 cases are pending and 7 are disposed.
Total cases
9
Filed by the company
4
Filed against the company
5
Pending
2
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 2 |
| District courts | 4 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms Sas Automation Private Limited and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms Sas Automation Private Limited and 2 others | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The Principal Commissioner of Central Tax | Pending |
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax-2 and 2 others | Pending |
| District court, BENGALURU, Karnataka | Court case (CRL.R.P.) | Filed by the company against Sas Automative Private Limited and 2 others | Disposed |
To see the full case history of Textron 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
Textron India Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 9 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Park Place Technologies India Private Limited | |||
| Gem Integrations Services Private Limited |
To see the full MSME payment records of Textron India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Textron India Private Limited has a workforce of 509 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
509
Active EPFO establishments
1
Employee growth
7.84%
GST
Textron India has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCT0118M1Z9 | Karnataka | Active | 01 Jul 2017 |
| 29AACCT0118M2Z8 | Karnataka | Active | 11 Jul 2017 |
| 07AACCT0118M1ZF | Delhi | Active | 01 Jul 2017 |
| 24AACCT0118M1ZJ | Gujarat | Active | 01 Apr 2018 |
To see the full GST registrations and return filing status of Textron India Private Limited, buy the company report.
Recent activity
Textron India Private Limited has 26 board changes on record since 2004: 14 appointments and 12 cessations. The latest: Ann Thompson Willaman ceased to be Director on 31 Oct 2020.
AGM
Textron India Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Filing
Textron India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Ann Thompson Willaman ceased to be Director.
Ceased
Paul Augustine Mc Gartoll ceased to be Director.
Ceased
Arijit Ghosh ceased to be Managing Director.
Ceased
Nithya ceased to be Company Secretary.
Appointed
Arijit Ghosh was appointed as Managing Director.
Charges
A charge registered on 07 Oct 2015 via Charge ID 10599759 with Citi Bank N.A. was fully satisfied on 30 May 2016.
Ceased
Inderjit Singh Sial ceased to be Managing Director.
Charges
A charge with Citi Bank N.A. amounted to Rs. 6.50 Cr with Charge ID 10599759 was registered on 07 Oct 2015.
Ceased
John Hinkle Bracken ceased to be Director.
Ceased
Basudev Banerjee ceased to be Whole-Time Director.
19 earlier events are in the company report.
Frequently asked questions
Textron India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 April 2004 (22+ years old) and is registered under CIN U72900KA2004PTC033677.
Textron India has 2 current directors:
- Krishnan Venkataraman - Whole-Time Director
- Vijay Madhukar Pilay - Director
The latest financial statements of Textron India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Textron India is 29AACCT0118M1Z9, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 29AACCT0118M2Z8 (Karnataka), 07AACCT0118M1ZF (Delhi), 24AACCT0118M1ZJ (Gujarat).
The CIN (Corporate Identification Number) of Textron India is U72900KA2004PTC033677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Textron India has 9 court cases on record: 4 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Textron India was incorporated on 02 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Textron India has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹14 Lakh; the latest was in September 2024.
Ann Thompson Willaman ceased to be Director on 31 Oct 2020. Paul Augustine Mc Gartoll ceased to be Director on 31 Dec 2019. Arijit Ghosh ceased to be Managing Director on 24 May 2018. Textron India has 26 board changes on record in total.
Yes, Textron India is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0032679).
Textron India has 9 MSME Form 1 returns on record between 2019 and 2023, listing 9 overdue payments to 2 micro and small suppliers. The latest return was filed on 04 Nov 2023.