About Phinia Delphi India Private Limited
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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. 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
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
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
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
Financials of Phinia Delphi India Private Limited
FY 2025 filings availablePhinia Delphi India Private Limited reported revenue of ₹625.25 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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, and every line for FY 2020-21 to FY 2023-24, 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.
: available in the company report
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 |
Auditor Details
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 |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| 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
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 |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Phinia Delphi India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
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 |
: available in 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
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 | •••• | •••• | •••• |
: available in the company report
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
Employment history and EPFO contributions of people linked to Phinia Delphi India.
: available in the company report
Recent Activity
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
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
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 |
: available in the company report
MCA Filings & Documents
: available in the company report
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Frequently Asked Questions
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 has 4 current directors:
- Thiagarajan Kannan - Managing Director
- Pedro Rui Neto De Abreu - Director
- Ho Young Kang - Additional Director
- Vidya Shankar Somasundaram - Additional Director
The latest financial statements of Phinia Delphi India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
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.
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.
Phinia Delphi India has 28 MSME Form 1 returns on record between 2018 and 2024, listing 12,388 overdue payments to 126 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Phinia Delphi India can be reached through the website borgwarner.com. Its registered office is in New Delhi, Delhi, India.