About Sanden Vikas (India) Private Limited
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Sanden Vikas (India) Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 23 September 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45202DL1982PTC014381. Its GSTIN is 06AABCS3174M1Z5 (Haryana). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹29.63 Cr. It was formerly known as Sankyo Vikas (I) Ltd and Sanden Vikas (India) Limited. It is led by directors including Praveen Agarwal (Managing Director) and Ryuhei Ushikubo (Managing Director).
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 Plot No. 57 Rama Road, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,269.37 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹26.52 Cr (net margin 2.1%) and EBITDA of ₹88.75 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
The company has about 582 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sanden Vikas. As per MCA filings, the company has open charges of ₹265.13 Cr and satisfied charges of ₹216.67 Cr on record. Court records list 30 cases involving the company, including 20 filed by the company and 10 filed against it; 4 cases are pending. The company has 10 deals on record (9 secondary share transfers, 1 rights issue); the latest was in July 2024. Its 3 peer companies in the Automobiles industry (Auto Ancillary, Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Dr Axion India Private Limited with revenue of ₹1,301.74 Cr. The company has 16 MSME Form 1 returns on record between 2019 and 2023, listing 1,045 overdue payments to 37 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 sandenvikas.com.
Company details
Name history
Sanden Vikas (India) has undergone 3 name changes throughout its history. The company was previously known as Sankyo Vikas (I) Ltd, Sanden Vikas (India) Limited, and Sankyo Vikas (India) Limited. The current legal name is Sanden Vikas (India) Private Limited.
| Company Name | Status |
|---|---|
| Sanden Vikas (India) Private Limited | Current |
| Sankyo Vikas (I) Ltd | Previous |
| Sanden Vikas (India) Limited | Previous |
| Sankyo Vikas (India) Limited | Previous |
CIN history
Sanden Vikas (India) has one previous CIN (Corporate Identification Number): U45202DL1982PLC014381. The current CIN is U45202DL1982PTC014381, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45202DL1982PTC014381 | Current |
| U45202DL1982PLC014381 | Previous |
Contact details
Sanden Vikas (India) Private Limited's registered office is in New Delhi, Delhi. Its website is sandenvikas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 57 Rama Road, New Delhi, Delhi, India – 110015
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Sanden Vikas (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
Sanden Vikas (India) operates one associated brand: Sanden Vikas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sanden Vikas is recognized as a leader in automotive air-conditioning systems in India. | sandenvikas.com |
Business activity
The main business activity of Sanden Vikas (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 Sanden Vikas (India) Private Limited, buy the company report.
Financials of Sanden Vikas (India) Private Limited
FY 2025 filings availableSanden Vikas (India) Private Limited reported revenue of ₹1,269.37 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 17% growth in the latest year. EBITDA rose 30% 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 | ₹88.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.52 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 | 7% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 Sanden Vikas (India) Private Limited, buy the company report.
Board of directors and KMP of Sanden Vikas (India) Private Limited
Sanden Vikas (India) Private Limited currently reports 7 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shigeharu Nakamura | Director | 01 Sep 2017 | 9 Years 1 Months | Current |
| Hideyuki Maruyama Also directs: Sanden Vikas Precision Parts Private Limited | Director | 18 Nov 2015 | 10 Years 11 Months | Current |
| Dinesh Nandan Jain Also directs: Autovikas Sales and Service Private Limited | Company Secretary | 26 Dec 1983 | 42 Years 10 Months | Current |
| Naveen Agarwal | Whole-Time Director | 06 Nov 1989 | 36 Years 11 Months | Current |
| Abhimanyu Sharaff | Whole-Time Director | 30 Jan 2015 | 11 Years 8 Months | Current |
| Praveen Agarwal Also directs: Pranav Vikas (India ) Private Limited, Pranav Vikas (India ) Private Limited, Tesk Vikas (India) Private Limited and 5 more | Managing Director | 23 Sep 1982 | 44 Years 1 Months | Current |
Peer comparison
Sanden Vikas (India) Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto Ancillary, Compressors), 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 |
|---|---|---|---|---|---|---|
| Dr Axion India Private Limited | ₹1,301.74 Cr (FY 2025) | 4.0% | Thiruvallur, Tamil Nadu, India | |||
| Sanden Vikas (India) Private Limitedthis company | ₹1,269.37 Cr (FY 2025) | ₹26.52 Cr | 2.1% | 17.0% | 582 | New Delhi, Delhi, India |
| Viney Corporation Limited | ₹1,267.8 Cr (FY 2024) | 12.0% | New Delhi, Delhi, India | |||
| Iljin Automotive Private Limited | ₹1,226.24 Cr (FY 2022) | 17.0% | Kancheepuram Dt, Tamil Nadu, India |
To see the full peer comparison of Sanden Vikas (India) Private Limited, buy the company report.
Auditor
Sanden Vikas (India) Private Limited is audited by Uberoi Sood & Kapoor for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Uberoi Sood & Kapoor | FY 2024 | 001462N |
Shareholding
The shareholding of Sanden Vikas (India) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sanden Vikas (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2025 | 101148952 | Axis Bank Limited | ₹30 Cr | Open | |
| 25 Aug 2025 | 101153241 | Axis Bank Limited | ₹20 Cr | Open | |
| 27 Jun 2025 | 101123036 | Hdfc Bank Limited | ₹26.86 Lakh | Open | |
| 25 Apr 2025 | 101090665 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 11 Dec 2024 | 101022504 | Hdfc Bank Limited | ₹26 Cr | Open |
To see the full charge records of Sanden Vikas (India) Private Limited, buy the company report.
Total charge records: 73 View all charges
Deals & funding
Sanden Vikas (India) Private Limited has 10 deals on record (9 secondary share transfers, 1 rights issue); the latest was in July 2024.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Sandeen Holding Corporation Seller: Sanden Automotive Climate Systems Corporation |
| Nov 2014 | Rights issue | ₹15 Cr | Investors: Sanden lnternational Singapore Pte. Ltd, Kenmore Vikas (India) Private Limited , an individual |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: Kenmore Vikas (India) Private Limited , an individual Seller: Pranav Vikas (India ) Private Limited , Man Mohak Fin-Invest-Lease Limited , an individual |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Man Mohak Fin-Invest-Lease Limited , Rispana Leasing Finance and Investments Private Limited |
To see the full deal history of Sanden Vikas (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
Sanden Vikas (India) Private Limited has 30 court cases on record: 20 filed by Sanden Vikas (India), 10 filed against it. 4 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 0 | 1 |
| District courts | 14 | 10 | 3 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed by the company against Ms Mirkana Engineering Private Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Haryana and Others | Pending |
| District court, Palwal, Haryana | Motor accident claim | Filed against the company by an individual | Pending |
To see the full case history of Sanden Vikas (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
Sanden Vikas (India) Private Limited has 16 MSME Form 1 returns on record between 2019 and 2023, listing 1,045 overdue payments to 37 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 37)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Singhal Sintered Private Limited | |||
| Consult Techniques (India) Private Limited | |||
| Klas Technologies LLP | |||
| an individual supplier | |||
| Amphenol Omniconnect India Private Limited |
To see the full MSME payment records of Sanden Vikas (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sanden Vikas (India) Private Limited has a workforce of 582 employees on its EPFO records as of Aug 06, 2024, across 1 active EPFO establishment.
GST
Sanden Vikas (India) has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCS3174M1Z5 | Haryana | Active | 01 Jul 2017 |
| 27AABCS3174M1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 33AABCS3174M1Z8 | Tamil Nadu | Active | 01 Jul 2017 |
| 24AABCS3174M1Z7 | Gujarat | Active | 21 May 2018 |
To see the full GST registrations and return filing status of Sanden Vikas (India) Private Limited, buy the company report.
Recent activity
Sanden Vikas (India) Private Limited has 23 board changes on record since 1982: 8 appointments and 15 cessations. The latest: Chin Lee Tee ceased to be Additional Director on 29 Sep 2025.
145 earlier events are in the company report.
Frequently asked questions
Sanden Vikas (India) is an active 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 23 September 1982 (44+ years old) and is registered under CIN U45202DL1982PTC014381.
Sanden Vikas (India) has 8 current directors and KMP:
- Praveen Agarwal - Managing Director
- Ryuhei Ushikubo - Managing Director
- Naveen Agarwal - Whole-Time Director
- Abhimanyu Sharaff - Whole-Time Director
- Shigeharu Nakamura - Director
- Hideyuki Maruyama - Director
- Chin Lee Tee - Director
- Dinesh Nandan Jain - Company Secretary
The latest financial statements of Sanden Vikas (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 Sanden Vikas (India) is 06AABCS3174M1Z5, registered in Haryana. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 27AABCS3174M1Z1 (Maharashtra), 33AABCS3174M1Z8 (Tamil Nadu), 24AABCS3174M1Z7 (Gujarat).
The CIN (Corporate Identification Number) of Sanden Vikas (India) is U45202DL1982PTC014381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sanden Vikas (India) has 30 court cases on record: 20 filed by the company and 10 filed against it. 4 are pending. Most are in the high courts.
Sanden Vikas (India) was incorporated on 23 September 1982, making it 44+ years old. It is registered with the Registrar of Companies, Delhi.
Sanden Vikas (India) has 10 deals on record (9 secondary share transfers, 1 rights issue); the latest was in July 2024.
The peers of Sanden Vikas (India) by revenue are Dr Axion India Private Limited, Viney Corporation Limited, Iljin Automotive Private Limited, all in the Automobiles industry (Auto Ancillary, Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Chin Lee Tee ceased to be Additional Director on 29 Sep 2025. Chin Lee Tee was appointed as Director on 20 Dec 2024. Kunio Shiina ceased to be Managing Director on 25 Jun 2019. Sanden Vikas (India) has 23 board changes on record in total.
Sanden Vikas (India) has 16 MSME Form 1 returns on record between 2019 and 2023, listing 1,045 overdue payments to 37 micro and small suppliers. The latest return was filed on 16 Dec 2023.
Sanden Vikas (India) can be reached through the website sandenvikas.com. Its registered office is in New Delhi, Delhi, India.