About Sulzer Pumps India Private Limited
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Sulzer Pumps India Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Sulzer Ag. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 19 June 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1974PTC017561. Its GSTIN is 27AAACK2238F1ZU (Maharashtra). The company holds 9 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹2.49 Cr. It was formerly known as Sulzer Pumps India Limited. It is led by directors including Sujal Jagdishbhai Shah (Managing Director) and Stephan Patrick Scharer.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9 Midcthane Belapur Road Digha, Navi Mumbai, Maharashtra, India – 400708.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,249.05 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹74.82 Cr (net margin 6%) and EBITDA of ₹95.79 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 14% over five years.
The company has about 564 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹27.2 Cr on record. Court records list 173 cases involving the company, including 38 filed by the company and 136 filed against it; 97 cases are pending. The company has 5 deals on record (5 secondary share transfers); the latest was in March 2019. Its 3 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers, Pumps), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 1 smaller; the largest is Garrett Motion Technologies (India) Private Limited with revenue of ₹1,353.43 Cr. The company has 10 MSME Form 1 returns on record between 2020 and 2024, listing 792 overdue payments to 213 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 sulzer.com.
Company details
CIN history
Sulzer Pumps India has one previous CIN (Corporate Identification Number): U99999MH1974PLC017561. The current CIN is U99999MH1974PTC017561, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1974PTC017561 | Current |
| U99999MH1974PLC017561 | Previous |
Contact details
Sulzer Pumps India Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is sulzer.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9 Midcthane Belapur Road Digha, Navi Mumbai, Maharashtra, India – 400708
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Sulzer Pumps 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
Business activity
The main business activity of Sulzer Pumps 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 Sulzer Pumps India Private Limited, buy the company report.
Financials of Sulzer Pumps India Private Limited
FY 2025 filings availableSulzer Pumps India Private Limited reported revenue of ₹1,249.05 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 23% growth in the latest year. EBITDA rose 119% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,249.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹95.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74.82 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 6% | ||||
| 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 Sulzer Pumps India Private Limited, buy the company report.
Board of directors of Sulzer Pumps India Private Limited
Sulzer Pumps India has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Stephan Patrick Scharer | Director | 15 Jun 2022 | 4 Years 4 Months | Current |
| Walter Kurt Reinhard | Director | 11 Aug 2018 | 8 Years 2 Months | Current |
| Sujal Jagdishbhai Shah Also directs: Sulzer Tech India Private Limited | Managing Director | 18 Jul 2018 | 8 Years 3 Months | Current |
| James Kenneth Roberts | Director | 21 Mar 2025 | 1 Years 7 Months | Current |
| Sebastiano Zumbino | Additional Director | 19 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Sulzer Pumps India Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers, Pumps), 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 |
|---|---|---|---|---|---|---|
| Garrett Motion Technologies (India) Private Limited | ₹1,353.43 Cr (FY 2025) | -2.0% | Pune, Maharashtra, India | |||
| J B Advani and Company Private Limited | ₹1,344.72 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Sulzer Pumps India Private Limitedthis company | ₹1,249.05 Cr (FY 2025) | ₹74.82 Cr | 6% | 23.0% | 564 | Navi Mumbai, Maharashtra, India |
| Inductotherm (India) Private Limited | ₹1,150.36 Cr (FY 2025) | 5.0% | Sanand, Gujarat, India |
To see the full peer comparison of Sulzer Pumps India Private Limited, buy the company report.
Auditor
Sulzer Pumps India Private Limited is audited by B S R & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2025 | 101248W/W-100022 |
Shareholding
The shareholding of Sulzer Pumps India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sulzer Pumps India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 1999 | 90186711 | Central Bank of India | ₹1.5 Cr | Open | |
| 20 Jun 1997 | 90186460 | The Hongkong and Shanghai Banking Corporation Limited | ₹9.75 Cr | Open | |
| 02 Feb 1996 | 90186309 | New India Co.Op. Abnk Limited | ₹4.85 Lakh | Open | |
| 14 Nov 1995 | 90184028 | The Central Bank of India | ₹9.65 Cr | Open | |
| 10 Jul 1991 | 90185737 | Central Bank of India | ₹4.67 Lakh | Open |
To see the full charge records of Sulzer Pumps India Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Sulzer Pumps India Private Limited has 5 deals on record (5 secondary share transfers); the latest was in March 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Suzler AG Seller: Suzler Pumps Ltd |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sulzer Pumps India Private Limited has 173 court cases on record: 38 filed by Sulzer Pumps India, 136 filed against it. 97 cases are pending and 76 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 135 | 118 | 87 |
| High courts | 34 | 16 | 8 |
| Supreme Court | 4 | 2 | 2 |
Cases on record (5 of 173)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Forbes and Company Ltd. | Pending |
| Supreme Court | Court case (0109-Labour Matters : Matters under various States Act) | Filed by the company against Amit Kumar Sirohi, Agm-Hr Ir, Sulzer Pumps India Pvt. Ltd., Office at 9, Midc, Thane-Belapuar Road, Digha, Navi Mumbai 400 708 ,Mumbai , Maharashtra and 2 others | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against Sepc Limited (Formerly Known As Shriram Epc Limited) | Disposed |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed by the company against Shriram Epc Limited | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Shriram Epc Limited | Disposed |
To see the full case history of Sulzer Pumps 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
Sulzer Pumps India Private Limited has 10 MSME Form 1 returns on record between 2020 and 2024, listing 792 overdue payments to 213 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 213)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Cold Weld Engineers Private Limited | |||
| Morefluon Industries | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Sulzer Pumps India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sulzer Pumps India Private Limited has a workforce of 564 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
GST
Sulzer Pumps India has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK2238F1ZU | Maharashtra | Active | 01 Jul 2017 |
| 27AAACK2238F2ZT | Maharashtra | Active | 09 Apr 2025 |
| 07AAACK2238F1ZW | Delhi | Active | 01 Jul 2017 |
| 24AAACK2238F1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sulzer Pumps India Private Limited, buy the company report.
Recent activity
Sulzer Pumps India Private Limited has 17 board changes on record since 2009: 5 appointments and 12 cessations. The latest: Sebastiano Zumbino was appointed as Additional Director on 19 Dec 2025.
31 earlier events are in the company report.
News
Frequently asked questions
Sulzer Pumps India is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 19 June 1974 (52+ years old) and is registered under CIN U99999MH1974PTC017561.
Sulzer Pumps India has 5 current directors:
- Sujal Jagdishbhai Shah - Managing Director
- Stephan Patrick Scharer - Director
- Walter Kurt Reinhard - Director
- James Kenneth Roberts - Director
- Sebastiano Zumbino - Additional Director
The latest financial statements of Sulzer Pumps India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sulzer Pumps India is 27AAACK2238F1ZU, registered in Maharashtra. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 27AAACK2238F2ZT (Maharashtra), 07AAACK2238F1ZW (Delhi), 24AAACK2238F1Z0 (Gujarat).
The CIN (Corporate Identification Number) of Sulzer Pumps India is U99999MH1974PTC017561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sulzer Pumps India has 173 court cases on record: 38 filed by the company and 136 filed against it. 97 are pending. Most are in the district courts.
Sulzer Pumps India was incorporated on 19 June 1974, making it 52+ years old. It is registered with the Registrar of Companies, Mumbai.
Sulzer Pumps India has 5 deals on record (5 secondary share transfers); the latest was in March 2019.
The peers of Sulzer Pumps India by revenue are Garrett Motion Technologies (India) Private Limited, J B Advani and Company Private Limited, Inductotherm (India) Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers, Pumps), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Sebastiano Zumbino was appointed as Additional Director on 19 Dec 2025. James Kenneth Roberts was appointed as Director on 21 Mar 2025. Stephan Patrick Scharer was appointed as Director on 15 Jun 2022. Sulzer Pumps India has 17 board changes on record in total.
Sulzer Pumps India has 10 MSME Form 1 returns on record between 2020 and 2024, listing 792 overdue payments to 213 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Sulzer Pumps India can be reached through the website sulzer.com. Its registered office is in Navi Mumbai, Maharashtra, India.
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