About Schindler India Private Limited
Data last updated: 05 January 2026
Schindler India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Schindler Holding Ltd.. It specialises in material handling and storage equipment, a part of the broader machinery and industrial equipment sector. Incorporated on 26 December 1997, the company has been in operation for over 29 years.
Registered with ROC Mumbai under CIN U29150MH1997PTC112690.
Capital: an authorised share capital of ₹127.5 Cr and a paid-up capital of ₹121.79 Cr. It is led by directors including Nitin Shridhar Chalke and Vikas Vedprakash Chawla.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Schindler House Main Street Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,293.55 Cr, a growth of 9% compared to the previous year.
The company has a workforce of approximately 7,438 employees as per the latest available data. It operates as a subsidiary of Schindler Holding Ltd..
The company is associated with 1 brand - Schindler. As per MCA filings, the company has open charges of ₹13.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website schindler.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Registered AddressSchindler House Main Street Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
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IndustryMachinery and Equipment, Material Handling & Storage Equipment
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Schindler India Private Limited
Schindler India Private Limited operates one associated brand: Schindler. These brands represent Schindler India Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Elevator maintenance and repair services are provided worldwide. | schindler.com |
Competitors & Alternatives of Schindler India Private Limited
Brands and companies operating in the same space as Schindler India Private Limited include KONE, TK Elevator, Johnson Lifts and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
KONE
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Elevators, escalators, and maintenance services for buildings are provided. | Espoo, Finland, Finland | 1910 |
TK Elevator
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Management consulting, business, and infrastructure services are provided. | Delhi, India, India | 2002 |
Johnson Lifts
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Manufactures and installs lifts and escalators for buildings and infrastructure. | Chennai, India, India | 1963 |
Nibav Home Lifts
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Provides comprehensive solutions for vacuum home lifts and residential elevators. | Chennai, India, India | 2019 |
Savaria
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Lifts and elevators are manufactured and supplied by Savaria. | Laval, Canada, Canada | 1979 |
ATIS Elevator Inspections
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Provider of premier elevator inspection services | Saint Louis, United States, United States | 2013 |
Motum
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Elevator installation, modernization, servicing, and repair solutions are provided. | Stockholm, Sweden, Sweden | 2013 |
RJ Lifts Group
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Commercial lift installation and maintenance services are provided to businesses. | - | 1992 |
Champion Elevator
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Provides comprehensive residential and commercial elevator services. | New York, United States, United States | 2014 |
Business Activity of Schindler India Private Limited
Schindler India Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, repair & installation of machinery & equipment, motor vehicles. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | ********* |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | ********* |
Auditor Details of Schindler India Private Limited
Schindler India Private Limited is audited by PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP | blur-value | blur-value | blur-value |
Board of Directors of Schindler India Private Limited
Schindler India Private Limited is currently managed by 5 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Shridhar Chalke | Director | 01 Jul 2025 | 1 Years 0 Months | Current |
| Vikas Vedprakash Chawla | Additional Director | 07 Feb 2025 | 1 Years 5 Months | Current |
| Tarunesh Mathur | Managing Director | 16 Jul 2025 | 0 Years 11 Months | Current |
Financials of Schindler India Private Limited FY 2025 filings available
Schindler India Private Limited reported revenue of ₹3,293.55 Cr (up 9% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Schindler India Private Limited
As of FY 2023, Schindler India Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Schindler India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2019 | Others | ₹3.5 Cr | Open |
| 24 Mar 2009 | Corporation Bank | ₹10 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Schindler India Private Limited
Schindler India Private Limited has a workforce of 7,438 employees as of Apr 02, 2024.
Employee Count & EPFO Data of Schindler India Private Limited
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GST Compliance of Schindler India Private Limited
GSTIN & GST Filing Data of Schindler India Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Schindler India Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Schindler India Private Limited
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MSME Payment Delays by Schindler India Private Limited
MSME Payment Delays by Schindler India Private Limited
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Subsidiaries & Group Companies of Schindler India Private Limited
Subsidiaries & Group Companies of Schindler India Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Schindler India Private Limited with ownership details.
MCA Filings & Documents of Schindler India Private Limited
MCA Filings & Documents of Schindler India Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Schindler India Private Limited
Frequently Asked Questions about Schindler India Private Limited
Schindler India Private Limited is an active private limited company in the machinery and equipment sector based in Mumbai, Maharashtra, India. It was incorporated on 26 December 1997 (29+ years old) and is registered under CIN U29150MH1997PTC112690. The company has 7,438 employees.
Schindler India Private Limited reported revenue of ₹3,293.55 Cr for FY 2025 (up 9.00% YoY).
The current directors of Schindler India Private Limited are:
- Husein Asger Fakhri
- Nitin Shridhar Chalke
- Vikas Vedprakash Chawla
- Sanket Jayprakash Dhage
- Tarunesh Mathur
The primary industry of Schindler India Private Limited is machinery and equipment. The company specifically operates in material handling and storage equipment. The company is currently active in this sector.
Schindler India Private Limited can be reached at the registered office: Schindler House Main Street Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076, or through the website schindler.com.
The authorised capital is ₹127.5 Cr, and the paid-up capital is ₹121.79 Cr.