MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-AP-02-0000296
Piolax India Private Limited - automotive in Chittoor, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹117.39 Cr
▲ 20% YoY
Net profit · FY 2025
₹14.76 Cr
Net margin 12.6%
EBITDA · FY 2025
₹28.75 Cr
EBITDA margin 24.5%
Authorised capital
₹150 Cr
Registered with MCA
Paid-up capital
₹116 Cr
Issued & subscribed
Company age
17 yrs
Est. 2009
Employees · EPFO
144
Provident fund records
Directors on board
3
As per MCA filings
About Piolax India Private Limited
Data last updated:
Piolax India Private Limited is a foreign private limited company based in Chittoor, Andhra Pradesh, India, a subsidiary of Piolax Inc., Japan. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 08 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U25200AP2009FTC083280. Its GSTIN is 37AAFCP2578J1ZZ (Andhra Pradesh). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹116 Cr. It is led by directors including Jun Ishimaru (Managing Director) and Shigeru Masuda.
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 No.200 North Belerica Road Post Box No.1 Sri City Dtz, Chittoor, Andhra Pradesh, India – 517588.
As per the financials filed for FY 2025, the company reported a revenue of ₹117.39 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹14.76 Cr (net margin 12.6%) and EBITDA of ₹28.75 Cr (EBITDA margin 24.5%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.
The company has about 144 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Piolax. Court records list 8 cases involving the company, including 8 filed by the company. The company has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹78.5 Cr; the latest was in August 2019. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 55 overdue payments to 18 micro and small suppliers.
Piolax India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-02-0000296). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piolax.co.jp.
Company details
CIN U25200AP2009FTC083280
Registration Number 083280
Incorporation Date 08 December 2009
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Piolax Inc., Japan
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-AP-02-0000296
CIN history
Piolax India has one previous CIN (Corporate Identification Number): U25200TN2009FTC073818. The current CIN is U25200AP2009FTC083280, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25200AP2009FTC083280 | Current |
| U25200TN2009FTC073818 | Previous |
Key People
Jun Ishimaru Managing Director Shigeru Masuda Director Santhalingam Sankarasubbu Director Recognitions & Rankings of Piolax India
Contact details
Piolax India Private Limited's registered office is in Chittoor, Andhra Pradesh. Its website is piolax.co.jp. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.200 North Belerica Road Post Box No.1 Sri City Dtz, Chittoor, Andhra Pradesh, India – 517588
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Piolax India Private Limited, buy the company report.
Comprehensive company report
Piolax India Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Piolax India operates one associated brand: Piolax. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Major automotive components are manufactured and supplied to OEMs. | piolax.co.jp |
Business activity
The main business activity of Piolax India is manufacturing. In detail, this covers repair and installation of machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 33 | Repair and installation of machinery and equipment |
To see the full business activity and turnover split of Piolax India Private Limited, buy the company report.
Financials of Piolax India Private Limited
FY 2025 filings availablePiolax India Private Limited reported revenue of ₹117.39 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹117.39 Cr ▲ 20%
Net profit · FY 2025
₹14.76 Cr margin 12.6%
EBITDA · FY 2025
₹28.75 Cr margin 24.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 101%
3 years · compounded
▲ 36%
Revenue has grown at a compounded annual rate (CAGR) of 20% over three years, including 20% growth in the latest year. EBITDA rose 101% 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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| Total Expenses | |||||
| EBITDA | ₹28.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.76 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 | 24.5% | ||||
| Net Profit Margin | 12.6% | ||||
| 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 Piolax India Private Limited, buy the company report.
Board of directors of Piolax India Private Limited
Piolax India has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jun Ishimaru | Managing Director | 25 Aug 2022 | 4 Years 1 Months | Current |
| Shigeru Masuda | Director | 22 Dec 2020 | 5 Years 10 Months | Current |
| Santhalingam Sankarasubbu | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
Auditor
Piolax India Private Limited is audited by R J N & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R J N & ASSOCIATES | FY 2023 | 019064S |
Shareholding
The shareholding of Piolax 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 Piolax India Private Limited, buy the company report.
Deals & funding
Piolax India Private Limited has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹78.5 Cr; the latest was in August 2019.
Total deals
4
Funding rounds
2
Rights issues
2
Disclosed funding
₹78.5 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Rights issue | ₹20 Cr | Investors: Piolax Inc |
| Jun 2016 | Rights issue | ₹14 Cr | Investors: Piolax Inc |
| Mar 2013 | Funding round | ₹32 Cr | Investors: Piolax Inc |
| Feb 2011 | Funding round | ₹46.5 Cr | Investors: Piolax Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Piolax India Private Limited has 8 court cases on record: 8 filed by Piolax India. All cases are disposed.
Total cases
8
Filed by the company
8
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Southern Power Distribution Company of Andhra Pradesh Limited and 2 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Deputy Commissioner | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Deputy Commissioner of Customs and 4 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Deputy Commissioner | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Deputy Commissioner of Customs and 4 others | Disposed |
To see the full case history of Piolax 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.
MSME payment delays
Piolax India Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 55 overdue payments to 18 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 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nexbase Information Technologies Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Procandour Automotive Systems Private Limited |
To see the full MSME payment records of Piolax India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Piolax India Private Limited has a workforce of 144 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
144
Active EPFO establishments
1
Employee growth
11.63%
GST
Piolax India has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAFCP2578J1ZZ | Andhra Pradesh | Active | 01 Jul 2017 |
| 06AAFCP2578J1Z4 | Haryana | Active | 01 Jul 2017 |
| 33AAFCP2578J1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
| 24AAFCP2578J1Z6 | Gujarat | Active | 06 Dec 2018 |
To see the full GST registrations and return filing status of Piolax India Private Limited, buy the company report.
Recent activity
Piolax India Private Limited has 23 board changes on record since 2009: 13 appointments and 10 cessations. The latest: Hiroyuki Umezawa ceased to be Director on 29 Aug 2025.
AGM
Piolax India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Hiroyuki Umezawa ceased to be Director.
Ceased
Hitoshi Ishihara ceased to be Director.
Filing
Piolax India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Appointed
Santhalingam Sankarasubbu was appointed as Director.
Appointed
Hiroyuki Umezawa was appointed as Director.
Ceased
Tetsuji Hirano ceased to be Managing Director.
Appointed
Jun Ishimaru was appointed as Managing Director.
Appointed
Shigeru Masuda was appointed as Director.
Ceased
Toru Suzuki ceased to be Director.
Ceased
Takashi Umeyama ceased to be Director.
Appointed
Hitoshi Ishihara was appointed as Director.
14 earlier events are in the company report.
News
Frequently asked questions
Piolax India is an active foreign private limited company based in Chittoor, Andhra Pradesh, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 08 December 2009 (17+ years old) and is registered under CIN U25200AP2009FTC083280.
Piolax India has 3 current directors:
- Jun Ishimaru - Managing Director
- Shigeru Masuda - Director
- Santhalingam Sankarasubbu - Director
The latest financial statements of Piolax 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 Piolax India is 37AAFCP2578J1ZZ, registered in Andhra Pradesh. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 06AAFCP2578J1Z4 (Haryana), 33AAFCP2578J1Z7 (Tamil Nadu), 24AAFCP2578J1Z6 (Gujarat).
The CIN (Corporate Identification Number) of Piolax India is U25200AP2009FTC083280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piolax India has 8 court cases on record: 8 filed by the company.
Piolax India was incorporated on 08 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Vijayawada.
Piolax India has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹78.5 Cr; the latest was in August 2019.
Hiroyuki Umezawa ceased to be Director on 29 Aug 2025. Hitoshi Ishihara ceased to be Director on 29 Aug 2025. Santhalingam Sankarasubbu was appointed as Director on 30 Sep 2024. Piolax India has 23 board changes on record in total.
Yes, Piolax India is registered as a medium enterprise under Udyam registration (number: UDYAM-AP-02-0000296).
Piolax India has 9 MSME Form 1 returns on record between 2019 and 2023, listing 55 overdue payments to 18 micro and small suppliers. The latest return was filed on 08 Nov 2023.