About Petterssons India Private Limited
Data last updated:
Petterssons India Private Limited is a private limited company based in Kancheepuram, Tamil Nadu, India, a subsidiary of Mainetti Holding B.V.. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 01 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27100TN2014PTC096362. Its GSTIN is 33AAHCP7318L1Z5 (Tamil Nadu).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹24.67 Cr. It is led by directors Rengachari Krishnaswamy Varadharajan and Saravanan Subramanian.
Its last annual general meeting (AGM) was held on 16 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. E 13 A 1st Cross Street Sipcot Industrial Park Sriperumbudur, Kancheepuram, Tamil Nadu, India – 602105.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.29 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹7.9 Cr (net margin 13.8%) and EBITDA of ₹12.82 Cr (EBITDA margin 22.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 11% over five years.
The company has about 101 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Petterssons. As per MCA filings, the company has open charges of ₹11.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website petterssons.com.
Company details
Contact details
Petterssons India Private Limited's registered office is in Kancheepuram, Tamil Nadu. Its website is petterssons.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. E 13 A 1st Cross Street Sipcot Industrial Park Sriperumbudur, Kancheepuram, Tamil Nadu, India – 602105
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Petterssons 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
Petterssons India operates one associated brand: Petterssons. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Brand specializing in furniture and kitchen cabinets. | petterssons.com |
Business activity
The main business activity of Petterssons 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 Petterssons India Private Limited, buy the company report.
Financials of Petterssons India Private Limited
FY 2024 filings availablePetterssons India Private Limited reported revenue of ₹57.29 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 15% growth in the latest year. EBITDA fell 3% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.9 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.4% | ||||
| Net Profit Margin | 13.8% | ||||
| 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 Petterssons India Private Limited, buy the company report.
Board of directors of Petterssons India Private Limited
Petterssons India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rengachari Krishnaswamy Varadharajan Also directs: B&G International India Private Limited | Director | 07 May 2018 | 8 Years 5 Months | Current |
| Saravanan Subramanian | Director | 06 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Petterssons India Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Plasma Alloys Private Limited | ₹57.81 Cr (FY 2025) | 47.0% | Veraval Shaper, Gujarat, India | |||
| Progressive Tools and Components Private Limited. | ₹57.75 Cr (FY 2025) | -9.0% | Uttar Pradesh, India | |||
| Durga Forge Private Limited | ₹57.72 Cr (FY 2025) | 7.0% | Rajkot, Gujarat, India | |||
| Petterssons India Private Limitedthis company | ₹57.29 Cr (FY 2025) | ₹7.9 Cr | 13.8% | 15.0% | 101 | Kancheepuram, Tamil Nadu, India |
| Fine Blankings Private Limited | ₹56.9 Cr (FY 2025) | 12.0% | Hubli, Karnataka, India |
To see the full peer comparison of Petterssons India Private Limited, buy the company report.
Auditor
Petterssons India Private Limited is audited by SRBR & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRBR & ASSOCIATES LLP | FY 2023 | 004997S |
Shareholding
The shareholding of Petterssons 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 Petterssons India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2015 | 10602711 | The Hongkong and Shanghai Banking Corporation Limited | ₹1.5 Cr | Open | |
| 06 Apr 2015 | 10564855 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Cr | Open |
To see the full charge records of Petterssons India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Petterssons India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Petterssons India Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 144 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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Total Heat Treatment Solutions Private Limited | |||
| Duratop | |||
| Kadimi Tool Manufacturing Company Private Limited | |||
| an individual supplier | |||
| S.J.Industries |
To see the full MSME payment records of Petterssons India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Petterssons India Private Limited has a workforce of 101 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Petterssons India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCP7318L1Z5 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Petterssons India Private Limited, buy the company report.
Recent activity
Petterssons India Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Kavita Chola ceased to be Company Secretary on 02 Jan 2024.
2 earlier events are in the company report.
Frequently asked questions
Petterssons India is an active private limited company based in Kancheepuram, Tamil Nadu, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 01 July 2014 (12+ years old) and is registered under CIN U27100TN2014PTC096362.
Petterssons India has 2 current directors:
- Rengachari Krishnaswamy Varadharajan - Director
- Saravanan Subramanian - Director
The latest financial statements of Petterssons India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Petterssons India is 33AAHCP7318L1Z5, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Petterssons India is U27100TN2014PTC096362. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Petterssons India was incorporated on 01 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Petterssons India by revenue are Plasma Alloys Private Limited, Progressive Tools and Components Private Limited, Durga Forge Private Limited, Fine Blankings Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Kavita Chola ceased to be Company Secretary on 02 Jan 2024. Saravanan Subramanian ceased to be Additional Director on 30 Sep 2019. Rangarajan Ananth ceased to be Director on 06 Feb 2019. Petterssons India has 8 board changes on record in total.
Petterssons India has 15 MSME Form 1 returns on record between 2019 and 2024, listing 144 overdue payments to 39 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Petterssons India can be reached through the website petterssons.com. Its registered office is in Kancheepuram, Tamil Nadu, India.
The registered office of Petterssons India is at Plot No. E 13 A 1st Cross Street Sipcot Industrial Park Sriperumbudur, Kancheepuram, Tamil Nadu, India – 602105.
Petterssons India operates in the machinery and equipment industry, in the industrial tools and components segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
