About Owens-Corning (India) Private Limited
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Owens-Corning (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ipm Inc. Delaware. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 05 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH1995PTC124707. Its GSTIN is 27AAACO1739M1Z7 (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹225 Cr and a paid-up capital of ₹130.81 Cr. It was formerly known as Owens-Corning (India) Limited. It is led by directors including Jitendra Madhav Godse and Magan Kumar Pathak.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7th Floor Alpha Building Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,551.1 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹154.7 Cr (net margin 10%) and EBITDA of ₹346.8 Cr (EBITDA margin 22.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over five years.
The company has about 915 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Owens Corning. As per MCA filings, the company has satisfied charges of ₹601.3 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 3 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in January 2019. The company has 60 MSME Form 1 returns on record between 2015 and 2024, listing 4,739 overdue payments to 224 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 owenscorningindia.com.
Company details
CIN history
Owens-Corning (India) has one previous CIN (Corporate Identification Number): U73100MH1995PLC124707. The current CIN is U73100MH1995PTC124707, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U73100MH1995PTC124707 | Current |
| U73100MH1995PLC124707 | Previous |
Contact details
Owens-Corning (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is owenscorningindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7th Floor Alpha Building Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
- IndustryManufacturing, Construction Materials
To see the full contact details of Owens-Corning (India) 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
Owens-Corning (India) operates one associated brand: Owens Corning. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of roofing, insulation, and composite materials | owenscorning.com |
Business activity
The main business activity of Owens-Corning (India) is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Owens-Corning (India) Private Limited, buy the company report.
Financials of Owens-Corning (India) Private Limited
FY 2025 filings availableOwens-Corning (India) Private Limited reported revenue of ₹1,551.1 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 1% growth 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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| EBITDA | ₹346.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹154.7 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 | 22.4% | ||||
| Net Profit Margin | 10% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Owens-Corning (India) Private Limited, buy the company report.
Board of directors and KMP of Owens-Corning (India) Private Limited
Owens-Corning (India) Private Limited currently reports 5 directors and 1 key managerial person. 26 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Narayan Naik Also directs: RNJ & Associates LLP, Connectj Consultants LLP | Company Secretary | 09 May 2025 | 1 Years 5 Months | Current |
| Jitendra Madhav Godse | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
| Pankaj Chaturvedi | Additional Director | 26 Jun 2026 | 0 Years 4 Months | Current |
| Magan Kumar Pathak | Director | 09 Jun 2023 | 3 Years 4 Months | Current |
| Mahesh Rajamani | Additional Director | 02 Mar 2026 | 0 Years 8 Months | Current |
| Nirmal Prataprai Mehta | Additional Director | 07 May 2026 | 0 Years 6 Months | Current |
Auditor
Owens-Corning (India) Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2024 | 304026E/E-300009 |
Shareholding
The shareholding of Owens-Corning (India) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Owens-Corning (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2012 | 10394333 | Hdfc Bank Limited | ₹32.5 Cr | Satisfied | |
| 30 Mar 2009 | 10152059 | Hdfc Bank Limited | ₹40.8 Cr | Satisfied | |
| 04 Aug 2008 | 10117640 | Citibank N.A. Mumbai | ₹21.5 Cr | Satisfied | |
| 04 Sep 2007 | 10068510 | Citibank N.A. | ₹21 Cr | Satisfied | |
| 26 Feb 2007 | 10037715 | Centurion Bank of Punjab Limited | ₹25 Cr | Satisfied |
To see the full charge records of Owens-Corning (India) Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Owens-Corning (India) Private Limited has 4 deals on record (4 secondary share transfers); the latest was in January 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mahindra and Mahindra Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Mahindra and Mahindra Limited Seller: Mahindra Holdings & Finance Limited |
| May 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Archway Investment Company Limited , Vistra Itcl (India) Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Owens-Corning (India) Private Limited has 8 court cases on record: 2 filed by Owens-Corning (India), 6 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 2 |
| District courts | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by The Tata Power Company Limited -Distribution Through Chairman and Managing Director Backbay Receiving Station, 148 LT. Gen. J. Bhonsale Marg, Nariman Point, Mumbai ,Mumbai , Maharashtra and 1 other | Pending |
| High Court, MAHARASHTRA | Court case (CARAP) | Filed by the company against Runaya Private Limited | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 8 | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax 8, Mumbai | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 8 | Disposed |
To see the full case history of Owens-Corning (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
Owens-Corning (India) Private Limited was last rated by Indiarating on 22 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 22 Mar 2022 |
To see the full credit ratings and regulatory alerts of Owens-Corning (India) Private Limited, buy the company report.
MSME payment delays
Owens-Corning (India) Private Limited has 60 MSME Form 1 returns on record between 2015 and 2024, listing 4,739 overdue payments to 224 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 224)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Vardhman Carrying Corporation | |||
| an individual supplier | |||
| Power Point Cartridges Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Owens-Corning (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Owens-Corning (India) Private Limited has a workforce of 915 employees on its EPFO records as of Nov 26, 2024, across 1 active EPFO establishment.
GST
Owens-Corning (India) has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO1739M1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 24AAACO1739M2ZC | Gujarat | Active | 25 Sep 2019 |
| 33AAACO1739M1ZE | Tamil Nadu | Active | 24 May 2022 |
To see the full GST registrations and return filing status of Owens-Corning (India) Private Limited, buy the company report.
Recent activity
Owens-Corning (India) Private Limited has 30 board changes on record since 2008: 6 appointments and 24 cessations. The latest: Pankaj Chaturvedi was appointed as Additional Director on 26 Jun 2026.
54 earlier events are in the company report.
Frequently asked questions
Owens-Corning (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 05 July 1995 (31+ years old) and is registered under CIN U73100MH1995PTC124707.
Owens-Corning (India) has 6 current directors and KMP:
- Jitendra Madhav Godse - Director
- Pankaj Chaturvedi - Additional Director
- Magan Kumar Pathak - Director
- Mahesh Rajamani - Additional Director
- Nirmal Prataprai Mehta - Additional Director
- Jay Narayan Naik - Company Secretary
The latest financial statements of Owens-Corning (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Owens-Corning (India) is 27AAACO1739M1Z7, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACO1739M2ZC (Gujarat), 33AAACO1739M1ZE (Tamil Nadu).
The CIN (Corporate Identification Number) of Owens-Corning (India) is U73100MH1995PTC124707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Owens-Corning (India) has 8 court cases on record: 2 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.
Owens-Corning (India) was incorporated on 05 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Owens-Corning (India) has 4 deals on record (4 secondary share transfers); the latest was in January 2019.
Pankaj Chaturvedi was appointed as Additional Director on 26 Jun 2026. Nirmal Prataprai Mehta was appointed as Additional Director on 07 May 2026. Mahesh Rajamani was appointed as Additional Director on 02 Mar 2026. Owens-Corning (India) has 30 board changes on record in total.
Owens-Corning (India) has 60 MSME Form 1 returns on record between 2015 and 2024, listing 4,739 overdue payments to 224 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Owens-Corning (India) can be reached through the website owenscorningindia.com. Its registered office is in Mumbai, Maharashtra, India.
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