MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0054614
Silmax Tools India Private Limited - machinery and equipment in Hoskote, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.12 Cr
▼ 4% YoY
Net profit · FY 2024
₹2.08 Cr
Net margin 12.9%
EBITDA · FY 2024
₹2.86 Cr
EBITDA margin 17.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹41.85 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
Active GSTINs
2
of 3 registered
About Silmax Tools India Private Limited
Data last updated:
Silmax Tools India Private Limited is a foreign private limited company based in Hoskote, Karnataka, India, a subsidiary of Silmax Spa, Italy. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 30 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29200KA2012FTC084520. Its GSTIN is 29AARCS8306D1Z0 (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41.85 Lakh. It is led by directors including Dario Maria Fumagalli and Kartik Navinchandra Modi.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B KIADB Hitech Aerospace Park, Hoskote, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.12 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.08 Cr (net margin 12.9%) and EBITDA of ₹2.86 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 18% over five years.
The company is associated with 1 brand: Silmax. Court records list 1 case involving the company, including 1 filed by the company.
Silmax Tools India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0054614). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silmax.it.
Company details
CIN U29200KA2012FTC084520
Registration Number 084520
Incorporation Date 30 July 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Silmax Spa, Italy
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0054614
CIN history
Silmax Tools India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U29200KA2012FTC084520, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29200KA2012FTC084520 | Current |
| U29200AP2012FTC082209 | Previous |
| U29200TG2012FTC082209 | Previous |
Key People
Dario Maria Fumagalli Director Kartik Navinchandra Modi Director Sanjeev Govindan Director Recognitions & Rankings of Silmax Tools India
Contact details
Silmax Tools India Private Limited's registered office is in Hoskote, Karnataka. Its website is silmax.it. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.145 – B KIADB Hitech Aerospace Park Unachur Village, Jala Hobli Bengaluru North Yelahanka Taluk, Hoskote, Karnataka, India – 562129
- IndustryMachinery and Equipment, Industrial Machine Tools
To see the full contact details of Silmax Tools India Private Limited, buy the company report.
Comprehensive company report
Silmax Tools 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Silmax Tools India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Silmax Tools India Private Limited, buy the company report.
Financials of Silmax Tools India Private Limited
FY 2024 filings availableSilmax Tools India Private Limited reported revenue of ₹16.12 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹16.12 Cr ▼ 4%
Net profit · FY 2024
₹2.08 Cr margin 12.9%
EBITDA · FY 2024
₹2.86 Cr margin 17.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 55%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 112%
5 years · compounded
▲ 8%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 31% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹16.12 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.08 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 12.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Silmax Tools India Private Limited, buy the company report.
Board of directors of Silmax Tools India Private Limited
Silmax Tools India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dario Maria Fumagalli | Director | 30 Jul 2012 | 14 Years 2 Months | Current |
| Kartik Navinchandra Modi | Director | 12 Jan 2024 | 2 Years 9 Months | Current |
| Sanjeev Govindan | Director | 01 Jul 2014 | 12 Years 3 Months | Current |
Auditor
Silmax Tools India Private Limited is audited by CNK HSKA & ASSOCIATES LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNK HSKA & ASSOCIATES LLP | FY 2024 | 019249S/S000115 |
Shareholding
The shareholding of Silmax Tools 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 Silmax Tools India Private Limited, buy the company report.
Legal cases
Silmax Tools India Private Limited has 1 court case on record: 1 filed by Silmax Tools India. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Silmax Tools 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
No delayed payments to MSME suppliers are on our record for Silmax Tools India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Silmax Tools India has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCS8306D1Z0 | Karnataka | Active | 01 Jul 2017 |
| 36AARCS8306D1Z5 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silmax Tools India Private Limited, buy the company report.
Recent activity
Silmax Tools India Private Limited has 9 board changes on record since 2012: 4 appointments and 5 cessations. The latest: Francis Kumar was appointed as CEO on 20 May 2025.
Appointed
Francis Kumar was appointed as CEO.
AGM
Silmax Tools India Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
Filing
Silmax Tools India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Kartik Navinchandra Modi was appointed as Director.
Ceased
Antonio Enrico Maria Pini ceased to be Director.
Ceased
Nand Kumar Kurup ceased to be Additional Director.
Ceased
Sanjeev Govindan ceased to be Additional Director.
Appointed
Sanjeev Govindan was appointed as Director.
Ceased
Vamsi Krishna Kothakonda ceased to be Managing Director.
Ceased
Stefano Calliari ceased to be Additional Director.
Appointed
Dario Maria Fumagalli was appointed as Director.
Incorporation
30 Jul 2012
Silmax Tools India Private Limited was registered on 30 Jul 2012 with Roc Bangalore & aged 14 years 2 months as per MCA records.
Frequently asked questions
Silmax Tools India is an active foreign private limited company based in Hoskote, Karnataka, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 30 July 2012 (14+ years old) and is registered under CIN U29200KA2012FTC084520.
Silmax Tools India has 3 current directors:
- Dario Maria Fumagalli - Director
- Kartik Navinchandra Modi - Director
- Sanjeev Govindan - Director
The latest financial statements of Silmax Tools India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Silmax Tools India is 29AARCS8306D1Z0, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AARCS8306D1Z5 (Telangana).
The CIN (Corporate Identification Number) of Silmax Tools India is U29200KA2012FTC084520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silmax Tools India has 1 court case on record: 1 filed by the company.
Silmax Tools India was incorporated on 30 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Francis Kumar was appointed as CEO on 20 May 2025. Kartik Navinchandra Modi was appointed as Director on 12 Jan 2024. Antonio Enrico Maria Pini ceased to be Director on 23 Jan 2017. Silmax Tools India has 9 board changes on record in total.
Yes, Silmax Tools India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0054614).
Silmax Tools India can be reached through the website silmax.it. Its registered office is in Hoskote, Karnataka, India.