About Samvardhana Motherson Innovative Solutions Limited
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Samvardhana Motherson Innovative Solutions Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Samvardhana Motherson International Limited. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 26 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35100MH2006PLC285657. Its GSTIN is 27AAECM7741D1ZI (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹948.5 Cr and a paid-up capital of ₹659.53 Cr. It was formerly known as Tigers Connect Travel Systems and Solutions Limited and Samvardhana Motherson Advanced Technologies Limited. It is led by directors including Lata Unnikrishnan and Ashok Tandon.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit 705 C Wing One BKC G Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹158.8 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹26.4 Cr (net margin -16.6%) and EBITDA of ₹21.77 Cr (EBITDA margin 13.7%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 2% over five years.
The company has about 281 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries and 4 joint ventures.
As per MCA filings, the company has open charges of ₹24 Cr and satisfied charges of ₹122.9 Cr on record. Court records list 14 cases involving the company, including 14 filed by the company; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website motherson.com.
Company details
Name history
Samvardhana Motherson Innovative Solutions has undergone 5 name changes throughout its history. The current legal name is Samvardhana Motherson Innovative Solutions Limited.
| Company Name | Status |
|---|---|
| Samvardhana Motherson Innovative Solutions Limited | Current |
| Tigers Connect Travel Systems And Solutions Limited | Previous |
| Samvardhana Motherson Advanced Technologies Limited | Previous |
| Samvardhana Motherson Modern System Limited | Previous |
| Motherson Cabin Engineering Limited | Previous |
| Motherson Automation Technology Limited | Previous |
CIN history
Samvardhana Motherson Innovative Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U35100MH2006PLC285657, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35100MH2006PLC285657 | Current |
| U34300MH2006PLC285657 | Previous |
| U34300DL2006PLC151292 | Previous |
Contact details
Samvardhana Motherson Innovative Solutions Limited's registered office is in Mumbai, Maharashtra. Its website is motherson.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit 705 C Wing One BKC G Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Samvardhana Motherson Innovative Solutions 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
Business activity
The main business activity of Samvardhana Motherson Innovative Solutions is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Samvardhana Motherson Innovative Solutions Limited, buy the company report.
Financials of Samvardhana Motherson Innovative Solutions Limited
FY 2025 filings availableSamvardhana Motherson Innovative Solutions Limited reported revenue of ₹158.8 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 17% fall in the latest year. EBITDA fell 52% 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 | ₹21.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹26.4 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 | 13.7% | ||||
| Net Profit Margin | -16.6% | ||||
| 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 Samvardhana Motherson Innovative Solutions Limited, buy the company report.
Board of directors of Samvardhana Motherson Innovative Solutions Limited
Samvardhana Motherson Innovative Solutions has 4 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lata Unnikrishnan Also directs: Motherson Techno Tools Limited, Cim Tools Private Limited, SMRC Automotive Products India Limited and 5 more | Director | 27 Jun 2024 | 2 Years 4 Months | Current |
| Ashok Tandon Also directs: Southcity Motors Private Limited, Motherson Electro Components Limited, Motherson Molds and Diecasting Limited and 5 more | Director | 08 Apr 2019 | 7 Years 6 Months | Current |
| Shailesh Prabhakar Prabhune | Director | 08 Apr 2019 | 7 Years 6 Months | Current |
| Parthasarathy Srinivasan Also directs: Motherson Electro Components Limited, Nissin Advanced Coating Indo Co. Private Limited, Aes (India) Engineering Limited and 5 more | Director | 08 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Samvardhana Motherson Innovative Solutions Limited is audited by R K Khanna & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K Khanna & Co | FY 2023 | 000033N |
Shareholding
The shareholding of Samvardhana Motherson Innovative Solutions 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 Samvardhana Motherson Innovative Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2022 | 100618786 | Yes Bank Limited | ₹8 Cr | Satisfied | |
| 08 Feb 2021 | 100413525 | Yes Bank Limited | ₹6 Cr | Satisfied | |
| 20 Jul 2020 | 100365866 | Hdfc Bank Limited | ₹10.9 Cr | Satisfied | |
| 14 Dec 2018 | 100231267 | Yes Bank Limited | ₹15 Cr | Satisfied | |
| 25 Sep 2017 | 100140908 | Hdfc Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Samvardhana Motherson Innovative Solutions Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Samvardhana Motherson Innovative Solutions Limited has 14 court cases on record: 14 filed by Samvardhana Motherson Innovative Solutions. 8 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 0 | 8 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chengalpattu, Tamil Nadu | Court case (COS) | Filed by the company against M/S.Madras Engineering Industries Private Ltd., Rep by Its Directors | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed by the company against M/S J.J. Industries and Anothers | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed by the company against M/S J.J.Industries and Anothers | Pending |
| District court, Faridabad, Haryana | Commercial suit | Filed by the company against an individual | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed by the company against Best Asian Technologies and 1 other | Pending |
To see the full case history of Samvardhana Motherson Innovative Solutions 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.
Credit ratings & regulatory alerts
Samvardhana Motherson Innovative Solutions Limited was last rated by Care on 07 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Apr 2021 |
To see the full credit ratings and regulatory alerts of Samvardhana Motherson Innovative Solutions Limited, buy the company report.
MSME payment delays
Samvardhana Motherson Innovative Solutions Limited has 21 MSME Form 1 returns on record between 2019 and 2024, listing 2,618 overdue payments to 119 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 119)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rollick Automation | |||
| an individual supplier | |||
| Grace Enterprises | |||
| Sri Sivane Machine Tools | |||
| an individual supplier |
To see the full MSME payment records of Samvardhana Motherson Innovative Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Samvardhana Motherson Innovative Solutions has 5 subsidiary companies, 4 joint ventures, and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Samvardhana Motherson Auto System Private Limited | U50300DL2014PTC273269 | |
| Motherson Machinery and Automations Limited | U74899DL2004PLC131099 | |
| Saks Ancillaries Limited | U74899MH1985PLC285656 | |
| Motherson Techno Tools Limited | U74999DL1992PLC049607 | |
| Samvardhana Motherson Refrigeration Product Limited | U90000DL2007PLC169556 |
To see the full group structure of Samvardhana Motherson Innovative Solutions Limited, buy the company report.
Employees & EPFO
Samvardhana Motherson Innovative Solutions Limited has a workforce of 281 employees on its EPFO records as of Apr 03, 2024, across 3 active EPFO establishments.
GST
Samvardhana Motherson Innovative Solutions has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM7741D1ZI | Maharashtra | Active | 01 Feb 2019 |
| 09AAECM7741D1ZG | Uttar Pradesh | Active | 01 Jul 2017 |
| 34AAECM7741D1ZN | Puducherry | Active | 18 Mar 2019 |
| 09AAECM7741D2ZF | Uttar Pradesh | Active | 01 Apr 2019 |
To see the full GST registrations and return filing status of Samvardhana Motherson Innovative Solutions Limited, buy the company report.
Recent activity
Samvardhana Motherson Innovative Solutions Limited has 23 board changes on record since 2008: 4 appointments and 19 cessations. The latest: Lata Unnikrishnan ceased to be Additional Director on 26 Sep 2024.
33 earlier events are in the company report.
News
Frequently asked questions
Samvardhana Motherson Innovative Solutions is an active public limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 26 July 2006 (20+ years old) and is registered under CIN U35100MH2006PLC285657.
Samvardhana Motherson Innovative Solutions has 4 current directors:
- Lata Unnikrishnan - Director
- Ashok Tandon - Director
- Shailesh Prabhakar Prabhune - Director
- Parthasarathy Srinivasan - Director
The latest financial statements of Samvardhana Motherson Innovative Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Samvardhana Motherson Innovative Solutions is 27AAECM7741D1ZI, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 09AAECM7741D1ZG (Uttar Pradesh), 34AAECM7741D1ZN (Puducherry), 09AAECM7741D2ZF (Uttar Pradesh).
The CIN (Corporate Identification Number) of Samvardhana Motherson Innovative Solutions is U35100MH2006PLC285657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Samvardhana Motherson Innovative Solutions has 14 court cases on record: 14 filed by the company. 8 are pending. Most are in the district courts.
Samvardhana Motherson Innovative Solutions was incorporated on 26 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Lata Unnikrishnan ceased to be Additional Director on 26 Sep 2024. Lata Unnikrishnan was appointed as Director on 27 Jun 2024. Ajay Bahl ceased to be Additional Director on 25 Sep 2023. Samvardhana Motherson Innovative Solutions has 23 board changes on record in total.
Samvardhana Motherson Innovative Solutions has 21 MSME Form 1 returns on record between 2019 and 2024, listing 2,618 overdue payments to 119 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Samvardhana Motherson Innovative Solutions can be reached through the website motherson.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Samvardhana Motherson Innovative Solutions is at Unit 705 C Wing One BKC G Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
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