MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-29-0000001
Recaero India Private Limited - transport and logistics in Ramanagara, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹151.01 Cr
▲ 9% YoY
Net profit · FY 2025
₹21.12 Cr
Net margin 14%
EBITDA · FY 2025
₹37.88 Cr
EBITDA margin 25.1%
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹3.98 Cr
Issued & subscribed
Open charges
₹6 Cr
Satisfied ₹18.92 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
215
Provident fund records
About Recaero India Private Limited
Data last updated:
Recaero India Private Limited is a private limited company based in Ramanagara, Karnataka, India, a subsidiary of Recaero S.A. It operates in the aircraft and component dealership segment of the transport and logistics sector. It was incorporated on 19 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29113KA2004PTC184018. Its GSTIN is 29AACCR8806L1ZU (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹3.98 Cr. It is led by directors including Thierry Pobeau and Philippe Acezat.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ramanagara, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹151.01 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹21.12 Cr (net margin 14%) and EBITDA of ₹37.88 Cr (EBITDA margin 25.1%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 6% over five years.
The company has about 215 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Recaero. As per MCA filings, the company has open charges of ₹6 Cr and satisfied charges of ₹18.92 Cr on record. Court records list 58 cases involving the company, including 42 filed by the company and 29 filed against it; 15 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.7 Cr; the latest was in January 2016. Its 3 peer companies in the Aviation industry (Aircraft and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 smaller; the largest is Merlinhawk Aerospace Private Limited with revenue of ₹138.49 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 71 overdue payments to 11 micro and small suppliers.
Recaero India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-29-0000001). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website recaero.fr.
Company details
CIN U29113KA2004PTC184018
Registration Number 184018
Incorporation Date 19 October 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 11 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Recaero S.A
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-29-0000001
CIN history
Recaero India has one previous CIN (Corporate Identification Number): U29113DL2004PTC130074. The current CIN is U29113KA2004PTC184018, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29113KA2004PTC184018 | Current |
| U29113DL2004PTC130074 | Previous |
Recognitions & Rankings of Recaero India
Contact details
Recaero India Private Limited's registered office is in Ramanagara, Karnataka. Its website is recaero.fr. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address28 C Bidadi Industrial Area, Haroha Main Road ., Ramanagara, Karnataka, India – 562109
- IndustryTransport and Logistics, Aircraft & Component Dealership
To see the full contact details of Recaero India Private Limited, buy the company report.
Comprehensive company report
Recaero 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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Brands
Recaero India operates one associated brand: Recaero. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Aerospace proprietary sub-assemblies and component parts are manufactured. | recaero.fr |
Business activity
The main business activity of Recaero India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Recaero India Private Limited, buy the company report.
Financials of Recaero India Private Limited
FY 2025 filings availableRecaero India Private Limited reported revenue of ₹151.01 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹151.01 Cr ▲ 9%
Net profit · FY 2025
₹21.12 Cr margin 14%
EBITDA · FY 2025
₹37.88 Cr margin 25.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 46%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 50%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 9% growth in the latest year. EBITDA rose 20% 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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| EBITDA | ₹37.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.12 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 | 25.1% | ||||
| Net Profit Margin | 14% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Recaero India Private Limited, buy the company report.
Board of directors of Recaero India Private Limited
Recaero India has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thierry Pobeau | Director | 06 Nov 2004 | 21 Years 11 Months | Current |
| Philippe Acezat | Director | 31 Aug 2020 | 6 Years 1 Months | Current |
| Fabienne Brugere Dupuis | Director | 29 Aug 2024 | 2 Years 2 Months | Current |
| Nicolas Gabriel Marie Philippe Pobeau | Director | 07 Mar 2013 | 13 Years 7 Months | Current |
| Subir Singh Hari | Director | 30 Sep 2020 | 6 Years 0 Months | Current |
| Vinay Jha Also directs: Bharat Pure Earth Foundation | Director | 19 Oct 2004 | 22 Years 0 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Recaero India Private Limited is compared with the 3 companies closest to it by revenue in the Aviation industry (Aircraft and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Recaero India Private Limitedthis company | ₹151.01 Cr (FY 2025) | ₹21.12 Cr | 14% | 9.0% | 215 | Ramanagara, Karnataka, India |
| Merlinhawk Aerospace Private Limited | ₹138.49 Cr (FY 2025) | 35.0% | Bengaluru, Karnataka, India | |||
| Rangsons Aerospace Private Limited | ₹133.71 Cr (FY 2025) | 108.0% | Belagola Hobli Srirangapatna, Karnataka, India | |||
| Gardner Aerospace Operations India Private Limited | ₹122.83 Cr (FY 2025) | 9.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Recaero India Private Limited, buy the company report.
Auditor
Recaero India Private Limited is audited by Virender K Jain & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Virender K Jain & Associates | FY 2024 | 005994N |
Shareholding
The shareholding of Recaero India Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Recaero India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6 Cr
Satisfied charges
₹18.92 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2025 | 101062065 | Others | ₹6 Cr | Open | |
| 16 Apr 2019 | 100257759 | Others | ₹15 Cr | Satisfied | |
| 29 Jul 2011 | 10363258 | Corporation Bank | ₹75 Lakh | Satisfied | |
| 13 Dec 2010 | 10362930 | Corporation Bank | ₹3.17 Cr | Satisfied |
To see the full charge records of Recaero India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Recaero India Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.7 Cr; the latest was in January 2016.
Total deals
5
Funding rounds
3
Secondary share transfers
2
Disclosed funding
₹3.7 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: Recaero SA France Seller: an individual |
| Jan 2010 | Funding round | ₹1.3 Cr | Investors: Recaero SA France |
| Feb 2008 | Funding round | ₹20.7 Lakh | Investors: 2 individuals |
| Oct 2006 | Funding round | ₹2.19 Cr | Investors: Recaero SA France, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Recaero India Private Limited has 58 court cases on record: 42 filed by Recaero India, 29 filed against it. 15 cases are pending and 43 are disposed.
Total cases
58
Filed by the company
42
Filed against the company
29
Pending
15
Disposed
43
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 22 | 11 |
| High courts | 14 | 6 | 4 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 58)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by M/S Recaero India Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (ID) | Filed against the company by Recaero India Pvt Ltd., Workers Union, Bengaluru 560 004. | Pending |
| District court, RAMANAGARA, Karnataka | Civil suit | Filed against the company by M/S Recaero India Private Limited, RPTD by Its Deputy Manager HR and Administer Mr.Krishnamurthy K | Pending |
| District court, BENGALURU, Karnataka | Court case (ID) | Filed by the company against M/S Recaero India Pvt Ltd., Harohalli Main Road,, Bidadi Industrial Area, Ramanagar -562109. | Pending |
| High Court | Writ petition | Filed by the company against Recaero India Private Limited Workers Union and 2 others | Pending |
To see the full case history of Recaero 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
Recaero India Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 71 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Profuse Engineering Excellence Private Limited | |||
| an individual supplier | |||
| Sri Sai Prci Cut |
To see the full MSME payment records of Recaero India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Recaero India Private Limited has a workforce of 215 employees on its EPFO records as of Jan 01, 2025, across 1 active EPFO establishment.
Employee count
215
Active EPFO establishments
1
Employee growth
8.59%
GST
Recaero India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCR8806L1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Recaero India Private Limited, buy the company report.
Recent activity
Recaero India Private Limited has 11 board changes on record since 2004: 7 appointments and 4 cessations. The latest: Hugo Antoine Armand was appointed as Additional Director on 13 Jul 2026.
Appointed
Hugo Antoine Armand was appointed as Additional Director.
AGM
Recaero India Private Limited last Annual general meeting of members was held on 11 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 6.00 Cr registered on 14 Feb 2025 with Charge ID 101062065 was modified on 20 Jun 2025.
Filing
Recaero India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101062065 was registered on 14 Feb 2025.
Appointed
Fabienne Brugere Dupuis was appointed as Director.
Charges
A charge registered on 16 Apr 2019 via Charge ID 100257759 with Others was fully satisfied on 18 Nov 2023.
Ceased
Judikael Loic Le Doridour ceased to be Director.
Appointed
Subir Singh Hari was appointed as Director.
Appointed
Philippe Acezat was appointed as Director.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100257759 was registered on 16 Apr 2019.
Ceased
Odayamadath Padmanabhan Nambiar ceased to be Director.
11 earlier events are in the company report.
Frequently asked questions
Recaero India is an active private limited company based in Ramanagara, Karnataka, India. The company works in aircraft and component dealership, within the transport and logistics industry. It was incorporated on 19 October 2004 (22+ years old) and is registered under CIN U29113KA2004PTC184018.
Recaero India has 7 current directors:
- Thierry Pobeau - Director
- Philippe Acezat - Director
- Fabienne Brugere Dupuis - Director
- Nicolas Gabriel Marie Philippe Pobeau - Director
- Subir Singh Hari - Director
- Vinay Jha - Director
- Hugo Antoine Armand - Additional Director
The latest financial statements of Recaero India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Recaero India is 29AACCR8806L1ZU, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Recaero India is U29113KA2004PTC184018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Recaero India has 58 court cases on record: 42 filed by the company and 29 filed against it. 15 are pending. Most are in the district courts.
Recaero India was incorporated on 19 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Recaero India has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.7 Cr; the latest was in January 2016.
The peers of Recaero India by revenue are Merlinhawk Aerospace Private Limited, Rangsons Aerospace Private Limited, Gardner Aerospace Operations India Private Limited, all in the Aviation industry (Aircraft and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Hugo Antoine Armand was appointed as Additional Director on 13 Jul 2026. Fabienne Brugere Dupuis was appointed as Director on 29 Aug 2024. Judikael Loic Le Doridour ceased to be Director on 31 Aug 2022. Recaero India has 11 board changes on record in total.
Yes, Recaero India is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-29-0000001).
Recaero India has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 71 overdue payments to 11 micro and small suppliers. The latest return was filed on 20 Nov 2019.