- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0030749

About Munters India Humidity Control Private Limited
Data last updated:
Munters India Humidity Control Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Ab Carl Munters (Aktiebolaget Carl Munters ). It operates in the geographic information system (gis) solutions segment of the technology and IT services sector. It was incorporated on 22 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U93090DL2007PTC160992. Its GSTIN is 27AAFCM0105L1ZO (Maharashtra).
The company has an authorised share capital of ₹145 Cr and a paid-up capital of ₹129.7 Cr. It is led by directors including Sujata Wuthoo (Managing Director) and Per Kaspar Henrik Kirchmann.
Its last annual general meeting (AGM) was held on 22 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 573 3rd Floor Main Road Chirag Delhi, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2023, the company reported a revenue of ₹141.51 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹2.53 Cr (net margin -1.8%) and EBITDA of ₹2.97 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 23% over five years.
The company has about 185 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Munters. As per MCA filings, the company has open charges of ₹65 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 4 deals on record (3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹629.49 Cr; the latest was in October 2023. The company has 6 MSME Form 1 returns on record between 2020 and 2023, listing 71 overdue payments to 22 micro and small suppliers.
Munters India Humidity Control Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0030749). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website munters.com.
Company details
Recognitions & Rankings of Munters India Humidity Control
Contact details
Munters India Humidity Control Private Limited's registered office is in New Delhi, Delhi. Its website is munters.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address573 3rd Floor Main Road Chirag Delhi, New Delhi, Delhi, India – 110017
- IndustryInformation Technology, Geographic Information System (GIS) Solutions
To see the full contact details of Munters India Humidity Control 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
Munters India Humidity Control operates one associated brand: Munters. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial climate control solutions, including dehumidification and cooling, are provided. | munters.com |
Business activity
The main business activity of Munters India Humidity Control is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Munters India Humidity Control Private Limited, buy the company report.
Financials of Munters India Humidity Control Private Limited
FY 2023 filings availableMunters India Humidity Control Private Limited reported revenue of ₹141.51 Cr (down 8% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA rose 416% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹141.51 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.53 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | -1.8% | ||||
| 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 Munters India Humidity Control Private Limited, buy the company report.
Board of directors and KMP of Munters India Humidity Control Private Limited
Munters India Humidity Control Private Limited currently reports 3 directors and 1 key managerial person. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Madhukar Padte | Additional Director | 26 Mar 2025 | 1 Years 6 Months | Current |
| Sujata Wuthoo | Managing Director | 17 Jun 2021 | 5 Years 4 Months | Current |
| Per Kaspar Henrik Kirchmann Also directs: Zeco Aircon Limited | Director | 21 Dec 2020 | 5 Years 10 Months | Current |
| Manish Kumar Gupta | Company Secretary | 26 Sep 2025 | 1 Years 0 Months | Current |
Auditor
Munters India Humidity Control Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Munters India Humidity Control 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 Munters India Humidity Control Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2025 | 101194791 | Others | ₹65 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Munters India Humidity Control Private Limited has 4 deals on record (3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹629.49 Cr; the latest was in October 2023.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Funding round | ₹27.8 Cr | Investors: an individual |
| Sep 2009 | Funding round | ₹3.71 Cr | Investors: an individual |
| Sep 2007 | Funding round | ₹2.98 Cr | Investors: an individual |
To see the full deal history of Munters India Humidity Control Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Munters India Humidity Control Private Limited has 2 court cases on record: 2 filed by Munters India Humidity Control. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Hindustan Zinc Ltd. | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Munters India Humidity Control 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
Munters India Humidity Control Private Limited has 6 MSME Form 1 returns on record between 2020 and 2023, listing 71 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Success Udyog Private Limited | |||
| Hem Industries | |||
| Hardwin Fastners Private Limited |
To see the full MSME payment records of Munters India Humidity Control Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Munters India Humidity Control Private Limited has a workforce of 185 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Munters India Humidity Control has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM0105L1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Munters India Humidity Control Private Limited, buy the company report.
Recent activity
Munters India Humidity Control Private Limited has 12 board changes on record since 2007: 4 appointments and 8 cessations. The latest: Manish Kumar Gupta was appointed as Company Secretary on 26 Sep 2025.
4 earlier events are in the company report.
News
Frequently asked questions
Munters India Humidity Control is an active private limited company based in New Delhi, Delhi, India. The company works in geographic information system (gis) solutions, within the information technology industry. It was incorporated on 22 March 2007 (19+ years old) and is registered under CIN U93090DL2007PTC160992.
Munters India Humidity Control has 4 current directors and KMP:
- Sujata Wuthoo - Managing Director
- Nikhil Madhukar Padte - Additional Director
- Per Kaspar Henrik Kirchmann - Director
- Manish Kumar Gupta - Company Secretary
The latest financial statements of Munters India Humidity Control on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 22 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Munters India Humidity Control is 27AAFCM0105L1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Munters India Humidity Control is U93090DL2007PTC160992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Munters India Humidity Control has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Munters India Humidity Control was incorporated on 22 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Munters India Humidity Control has 4 deals on record (3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹629.49 Cr; the latest was in October 2023.
Manish Kumar Gupta was appointed as Company Secretary on 26 Sep 2025. Nikhil Madhukar Padte was appointed as Additional Director on 26 Mar 2025. Nikhil Madhukar Padte ceased to be Additional Director on 31 Dec 2024. Munters India Humidity Control has 12 board changes on record in total.
Yes, Munters India Humidity Control is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0030749).
Munters India Humidity Control has 6 MSME Form 1 returns on record between 2020 and 2023, listing 71 overdue payments to 22 micro and small suppliers. The latest return was filed on 20 Nov 2023.