About Picanol India Private Limited
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Picanol India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Picanol Nv. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 17 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17291DL2007PTC169500. Its GSTIN is 07AAECP4023H1ZO (Delhi). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹4.3 Cr and a paid-up capital of ₹3.87 Cr. It is led by directors including Luc Jules Remi Marie Tack and Johan Cyriel Remi Verstraete.
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 Dsm – 621 & 622 DLF Towers Block – IV 15 Shivaji Marg, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2022, the company reported a revenue of ₹11.69 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Cr (net margin 9.1%) and EBITDA of ₹2.78 Cr (EBITDA margin 23.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Picanol. The company has 5 deals on record (2 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹5.59 Cr; the latest was in June 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website picanol.be.
Company details
Contact details
Picanol India Private Limited's registered office is in New Delhi, Delhi. Its website is picanol.be. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressDsm – 621 & 622 DLF Towers Block – IV 15 Shivaji Marg, New Delhi, Delhi, India – 110015
- IndustryEngineering, Industrial Maintenance & Repair Services
To see the full contact details of Picanol 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
Picanol India operates one associated brand: Picanol. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An augmented reality app for visualizing printed documents is provided. | picanol.be |
Financials of Picanol India Private Limited
FY 2025 filings availablePicanol India Private Limited reported revenue of ₹11.69 Cr (up 16% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 16% growth in the latest year. EBITDA rose 5% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.69 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.06 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.8% | ||||
| Net Profit Margin | 9.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Picanol India Private Limited, buy the company report.
Board of directors of Picanol India Private Limited
Picanol India has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Luc Jules Remi Marie Tack Also directs: Tessenderlo Kerley India Private Limited | Director | 15 Dec 2009 | 16 Years 10 Months | Current |
| Johan Cyriel Remi Verstraete | Director | 15 Dec 2009 | 16 Years 10 Months | Current |
| Kasiviswanathan Palanisamy | Director | 06 May 2024 | 2 Years 6 Months | Current |
Auditor
Picanol India Private Limited is audited by SRSU & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRSU & COMPANY | FY 2022 | 021754N |
Shareholding
The shareholding of Picanol 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 Picanol India Private Limited, buy the company report.
Deals & funding
Picanol India Private Limited has 5 deals on record (2 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹5.59 Cr; the latest was in June 2021.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Rights issue | ₹2.1 Cr | Investors: Picanol Nv |
| Mar 2017 | Secondary share transfer | Undisclosed | Seller: Picanol Nv |
| Apr 2009 | Secondary share transfer | Undisclosed | Buyer: Proferro Nv, Picanol Nv Seller: 2 individuals |
| Dec 2007 | Funding round | ₹1.59 Cr | Investors: Picanol Nv |
To see the full deal history of Picanol India 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
No court or tribunal cases involving Picanol 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
No delayed payments to MSME suppliers are on our record for Picanol India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Picanol India Private Limited has a workforce of 45 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Picanol India has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECP4023H1ZO | Delhi | Active | 01 Jul 2017 |
| 33AAECG4315R1ZE | Tamil Nadu | Active | 01 Jul 2017 |
| 06AAECG4315R1ZB | Haryana | Active | 01 Jul 2021 |
To see the full GST registrations and return filing status of Picanol India Private Limited, buy the company report.
Recent activity
Picanol India Private Limited has 12 board changes on record since 2008: 3 appointments and 9 cessations. The latest: Kasiviswanathan Palanisamy was appointed as Director on 06 May 2024.
3 earlier events are in the company report.
Frequently asked questions
Picanol India is an active private limited company based in New Delhi, Delhi, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 17 October 2007 (19+ years old) and is registered under CIN U17291DL2007PTC169500.
Picanol India has 3 current directors:
- Luc Jules Remi Marie Tack - Director
- Johan Cyriel Remi Verstraete - Director
- Kasiviswanathan Palanisamy - Director
The latest financial statements of Picanol 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 2015 are in the company report.
The GSTIN of Picanol India is 07AAECP4023H1ZO, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAECG4315R1ZE (Tamil Nadu), 06AAECG4315R1ZB (Haryana).
The CIN (Corporate Identification Number) of Picanol India is U17291DL2007PTC169500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Picanol India was incorporated on 17 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Picanol India has 5 deals on record (2 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹5.59 Cr; the latest was in June 2021.
Kasiviswanathan Palanisamy was appointed as Director on 06 May 2024. Geert Alex Marc Ostyn ceased to be Director on 16 Jun 2014. Kasiviswanathan Palanisamy ceased to be Alternate Director on 25 Nov 2010. Picanol India has 12 board changes on record in total.
Picanol India can be reached through the website picanol.be. Its registered office is in New Delhi, Delhi, India.
The registered office of Picanol India is at Dsm – 621 & 622 DLF Towers Block – IV 15 Shivaji Marg, New Delhi, Delhi, India – 110015.
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