About Phinia Delphi India Private Limited
Data last updated:
Phinia Delphi India Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Borgwarner Singapore Holdings Pte Ltd. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 06 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017FTC324593. Its GSTIN is 06AAGCD3810Q1ZG (Haryana). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹70.01 Cr and a paid-up capital of ₹59.01 Cr. It was formerly known as Delphi Propulsion Systems Private Limited and Borgwarner India Private Limited. It is led by directors including Thiagarajan Kannan (Managing Director) and Pedro Rui Neto De Abreu.
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 Kh. No 1273 Lower Ground Floor Village Kapashera Near Deep Plaza, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2025, the company reported a revenue of ₹625.25 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹61.61 Cr (net margin 9.9%) and EBITDA of ₹101.49 Cr (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 11% over five years.
The company is associated with 2 brands: Delphi Technologies and BorgWarner. As per MCA filings, the company has satisfied charges of ₹1.55 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 6 deals on record (4 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹196.8 Cr; the latest was in July 2023. Its 10 peer companies in the Automobiles industry (Auto Ancillary) are compared by revenue, 5 larger and 5 smaller; the largest is Pha India Private Limited with revenue of ₹633.91 Cr. The company has 28 MSME Form 1 returns on record between 2018 and 2024, listing 12,388 overdue payments to 126 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 borgwarner.com.
Name History of Phinia Delphi India Private Limited
Phinia Delphi India has undergone 2 name changes throughout its history. The company was previously known as Delphi Propulsion Systems Private Limited, and Borgwarner India Private Limited. The current legal name is Phinia Delphi India Private Limited.
| Company Name | Status |
|---|---|
| Phinia Delphi India Private Limited | Current |
| Delphi Propulsion Systems Private Limited | Previous |
| Borgwarner India Private Limited | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressKh. No 1273 Lower Ground Floor Village Kapashera Near Deep Plaza, New Delhi, Delhi, India – 110037
- IndustryAutomotive, Auto Parts & Components
- 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
- One PDF report, delivered after checkout
Associated Brands with Phinia Delphi India Private Limited
Phinia Delphi India operates two associated brands: Delphi Technologies and BorgWarner. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and supplier of automotive parts to OEMs | delphi.com | |
| Manufacturer of multiple automotive parts and accessories | borgwarner.com |
Business Activity of Phinia Delphi India Private Limited
The main business activities of Phinia Delphi India are manufacturing, information and communication and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, computer programming, consultancy and related activities and wholesale trading. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Phinia Delphi India Private Limited FY 2025 filings available
Phinia Delphi India Private Limited reported revenue of ₹625.25 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Phinia Delphi India Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 22% 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 of Phinia Delphi India Private Limited
| 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 | ₹101.49 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹61.61 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 of Phinia Delphi India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Phinia Delphi India are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Phinia Delphi India Private Limited
Phinia Delphi India has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thiagarajan Kannan | Managing Director | 03 Nov 2025 | 0 Years 11 Months | Current |
| Pedro Rui Neto De Abreu Also directs: Delphi-Tvs Technologies Limited | Director | 24 Dec 2022 | 3 Years 9 Months | Current |
| Ho Young Kang Also directs: Delphi-Tvs Technologies Limited | Additional Director | 16 Jan 2025 | 1 Years 9 Months | Current |
| Vidya Shankar Somasundaram | Additional Director | 28 Nov 2024 | 1 Years 10 Months | Current |
Peer Comparison of Phinia Delphi India Private Limited
Phinia Delphi India Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pha India Private Limited | ₹633.91 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Borgwarner Morse Systems India Private Limited | ₹633.01 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Thiruvallur, Tamil Nadu, India |
| Meneta Automotive Components Private Limited | ₹630.73 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Revent Precision Engineering Limited | ₹630.3 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Gurgaon, Haryana, India |
| Kross Limited | ₹625.68 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Seraikella Kharsawan, Jharkhand, India |
| Phinia Delphi India Private Limited this company | ₹625.25 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Tafe Access Limited | ₹619.5 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Chennai, Tamil Nadu, India |
| Hsi Automotives Private Limited | ₹618.82 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Tamil Nadu, India |
| Terminal Technologies (India) Pvt Ltd | ₹617.92 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Mumbai, Maharashtra, India |
| Ask Automobiles Private Limited | ₹613.94 Cr (FY 2025) | •••• | •••• | 327.0% | •••• | New Delhi, Delhi, India |
| Sekisui DLJM Molding Private Limited | ₹613.48 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Phinia Delphi India by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Phinia Delphi India Private Limited
Phinia Delphi India Private Limited is audited by Price Waterhouse Cha r t e r ed Accountants LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse Cha r t e r ed Accountants LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Phinia Delphi India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Phinia Delphi India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jul 2023 | Others | ₹6.01 Lakh | Satisfied |
| 22 Aug 2018 | Yes Bank Limited | ₹8.26 Lakh | Satisfied |
| 23 Jul 2018 | Yes Bank Limited | ₹1.1 Cr | Satisfied |
| 28 Nov 2017 | Yes Bank Limited | ₹30.55 Lakh | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Phinia Delphi India Private Limited
Phinia Delphi India Private Limited has 6 deals on record (4 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹196.8 Cr; the latest was in July 2023.
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: PHINIA Delphi Holdings Singapore Pte. Ltd. Seller: Borgwarner Singapore Holdings Pte Limited |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: PHINIA Delphi Holdings Singapore Pte. Ltd., Phinia International Holdings LLC Seller: PHINIA Delphi Holdings Singapore Pte. Ltd., Borgwarner Singapore Holdings Pte Limited |
| Nov 2020 | Secondary share transfer | Undisclosed | Seller: Borgwarner Singapore Holdings Pte Limited |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: Borgwarner Singapore Holdings Pte Limited, Borgwarner Singapore Holdings Pte Limited & Rajendra Singh Seller: Delphi International S.a.r.l, Delphi Global Holdings S.a.r.l |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Phinia Delphi India Private Limited
Phinia Delphi India Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Court case (SUMM) | Filed against the company by State of Haryana | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Phinia Delphi India Private Limited
Phinia Delphi India Private Limited has 28 MSME Form 1 returns on record between 2018 and 2024, listing 12,388 overdue payments to 126 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 126)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Movex Relocations Private Limited | •••• | •••• | •••• |
| Consult Techniques (India) Private Limited | •••• | •••• | •••• |
| KMF Automotive Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 28 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Phinia Delphi India Private Limited
Employment history and EPFO contributions of people linked to Phinia Delphi India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Phinia Delphi India Private Limited
Phinia Delphi India Private Limited has 12 board changes on record since 2017: 6 appointments and 6 cessations. The latest: Thiagarajan Kannan was appointed as Managing Director on 03 Nov 2025.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Phinia Delphi India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Phinia Delphi India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Phinia Delphi India Private Limited
Phinia Delphi India has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCD3810Q1ZG | Haryana | Active | 06 Nov 2017 |
| 29AAGCD3810Q1Z8 | Karnataka | Active | 08 Nov 2017 |
| 29AAGCD3810Q2Z7 | Karnataka | Active | 01 Jul 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Phinia Delphi India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Phinia Delphi India Private Limited
Frequently Asked Questions about Phinia Delphi India Private Limited
Phinia Delphi India is an active foreign private limited company based in New Delhi, Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 06 October 2017 (9+ years old) and is registered under CIN U74999DL2017FTC324593.
Phinia Delphi India reported revenue of ₹625.25 Cr for FY 2025 (down 1% YoY).
Phinia Delphi India has 4 current directors:
- Thiagarajan Kannan - Managing Director
- Pedro Rui Neto De Abreu - Director
- Ho Young Kang - Additional Director
- Vidya Shankar Somasundaram - Additional Director
Phinia Delphi India reported a net profit of ₹61.61 Cr (net margin 9.9%) and EBITDA of ₹101.49 Cr (EBITDA margin 16.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Phinia Delphi India is 16% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Phinia Delphi India is 06AAGCD3810Q1ZG, registered in Haryana. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAGCD3810Q1Z8 (Karnataka), 29AAGCD3810Q2Z7 (Karnataka).
The CIN (Corporate Identification Number) of Phinia Delphi India is U74999DL2017FTC324593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phinia Delphi India has 1 court case on record: 1 filed against it.
Phinia Delphi India was incorporated on 06 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Phinia Delphi India has 6 deals on record (4 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹196.8 Cr; the latest was in July 2023.
The peers of Phinia Delphi India by revenue are Pha India Private Limited, Borgwarner Morse Systems India Private Limited, Meneta Automotive Components Private Limited, Revent Precision Engineering Limited, Kross Limited and 5 more, all in the Automobiles industry (Auto Ancillary).
Thiagarajan Kannan was appointed as Managing Director on 03 Nov 2025. Ho Young Kang was appointed as Additional Director on 16 Jan 2025. Vidya Shankar Somasundaram was appointed as Additional Director on 28 Nov 2024. Phinia Delphi India has 12 board changes on record in total.