Fortune MNC 500 India 2026 edition
Rank#346- Total income
- ₹1,153 Cr
- Profit
- ₹128 Cr
Last year #333
Swatch Group (India) Private Limited - consumer goods in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1,217.17 Cr
▲ 9% YoY
Net profit · FY 2025
₹45.05 Cr
Net margin 3.7%
EBITDA · FY 2025
₹107.54 Cr
EBITDA margin 8.8%
Authorised capital
₹528 Cr
Registered with MCA
Paid-up capital
₹528 Cr
Issued & subscribed
Company age
26 yrs
Est. 2000
Employees · EPFO
120
Provident fund records
Directors on board
4
As per MCA filings
About Swatch Group (India) Private Limited
Data last updated:
Swatch Group (India) Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of The Swatch Group Ltd, Switzerland. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 25 April 2000 and has been in existence for over 26 years.
Swatch Group (India) is ranked #346 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2000PTC105409. Its GSTIN is 07AAFCS7516R1ZN (Delhi). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹528 Cr and a paid-up capital of ₹528 Cr. It is led by directors including Thierry Robert Kenel and Raynald Aeschlimann.
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 4th Floor Rectangle One Building Plot D – 4 Saket District Centre, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,217.17 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹45.05 Cr (net margin 3.7%) and EBITDA of ₹107.54 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.
The company has about 120 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Swatch Group. Court records list 31 cases involving the company, including 18 filed by the company and 13 filed against it; 11 cases are pending. The company has 8 deals on record (6 funding rounds, 2 rights issues), with disclosed funding of ₹397.5 Cr; the latest was in March 2017. The company has 38 MSME Form 1 returns on record between 2014 and 2024, listing 127 overdue payments to 34 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 swatchgroup.com.
Company details
CIN U74999DL2000PTC105409
Registration Number 105409
Incorporation Date 25 April 2000
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company The Swatch Group Ltd, Switzerland
Compliance Status Active Compliant
Key People
Anand Prakash Company Secretary Thierry Robert Kenel Director Raynald Aeschlimann Director Recognitions & Rankings of Swatch Group (India)
Contact details
Swatch Group (India) Private Limited's registered office is in New Delhi, Delhi. Its website is swatchgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor Rectangle One Building Plot D – 4 Saket District Centre, New Delhi, Delhi, India – 110017
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Swatch Group (India) Private Limited, buy the company report.
Comprehensive company report
Swatch Group (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
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Brands
Swatch Group (India) operates one associated brand: Swatch Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Watches, jewelry, and components are designed, manufactured, and distributed globally. | swatchgroup.com |
Business activity
The main business activities of Swatch Group (India) are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Swatch Group (India) Private Limited, buy the company report.
Financials of Swatch Group (India) Private Limited
FY 2025 filings availableSwatch Group (India) Private Limited reported revenue of ₹1,217.17 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹1,217.17 Cr ▲ 9%
Net profit · FY 2025
₹45.05 Cr margin 3.7%
EBITDA · FY 2025
₹107.54 Cr margin 8.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 46%
3 years · compounded
▼ 5%
Revenue has grown at a compounded annual rate (CAGR) of 22% over three years, including 9% growth in the latest year. EBITDA fell 46% 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 | ₹107.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45.05 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 | 8.8% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Swatch Group (India) Private Limited, buy the company report.
Board of directors and KMP of Swatch Group (India) Private Limited
Swatch Group (India) Private Limited currently reports 3 directors and 1 key managerial person. 9 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Prakash | Company Secretary | 01 Mar 2008 | 18 Years 7 Months | Current |
| Thierry Robert Kenel | Director | 18 May 2010 | 16 Years 5 Months | Current |
| Raynald Aeschlimann | Director | 14 Dec 2010 | 15 Years 10 Months | Current |
| Umesh Babu Mappate | Additional Director | 02 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Swatch Group (India) Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2024 | 012754N/N500016 |
Shareholding
The shareholding of Swatch Group (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 Swatch Group (India) Private Limited, buy the company report.
Deals & funding
Swatch Group (India) Private Limited has 8 deals on record (6 funding rounds, 2 rights issues), with disclosed funding of ₹397.5 Cr; the latest was in March 2017.
Total deals
8
Funding rounds
6
Rights issues
2
Disclosed funding
₹397.5 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Rights issue | ₹60 Cr | Investors: The Swatch Group Limited |
| Jun 2015 | Rights issue | ₹60 Cr | Investors: The Swatch Group Limited |
| Aug 2013 | Funding round | ₹183 Cr | Investors: The Swatch Group Limited |
| Mar 2011 | Funding round | ₹122 Cr | Investors: The Swatch Group Limited |
| Aug 2009 | Funding round | ₹10 Cr | Investors: The Swatch Group Limited |
To see the full deal history of Swatch Group (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
Swatch Group (India) Private Limited has 31 court cases on record: 18 filed by Swatch Group (India), 13 filed against it. 11 cases are pending and 20 are disposed.
Total cases
31
Filed by the company
18
Filed against the company
13
Pending
11
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 6 | 8 |
| High courts | 6 | 3 | 1 |
| Supreme Court | 4 | 4 | 2 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Prime Retail India Ltd and Ors | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Parkkavi Trading Pvt Ltd and Ors | Disposed |
| District court, New Delhi, Delhi | Court case (Civ SCJ) | Filed against the company by Ms Gordon Woodroffe Logistics Ltd. | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by Ms Gordon Woodroffe Logistics Ltd. | Disposed |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Pending |
To see the full case history of Swatch Group (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
Swatch Group (India) Private Limited has 38 MSME Form 1 returns on record between 2014 and 2024, listing 127 overdue payments to 34 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 34)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Reliable Cabs Services Private Limited | |||
| Sufficient Services and Solutions-3S Private Limited | |||
| River Side Media Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Swatch Group (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Swatch Group (India) has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Swatch Group (India) Tissot Retail Private Limited | U47912DL2024PTC426840 | |
| Swatch Group (India) Rado Retail Private Limited | U47912DL2024PTC427138 |
To see the full group structure of Swatch Group (India) Private Limited, buy the company report.
Employees & EPFO
Swatch Group (India) Private Limited has a workforce of 120 employees on its EPFO records as of Nov 24, 2025, across 1 active EPFO establishment.
Employee count
120
Active EPFO establishments
1
Employee growth
2.56%
GST
Swatch Group (India) has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
5
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCS7516R1ZN | Delhi | Active | 01 Jul 2017 |
| 07AAFCS7516R3ZL | Delhi | Active | 26 Jun 2024 |
| 27AAFCS7516R1ZL | Maharashtra | Active | 01 Jul 2017 |
| 29AAFCS7516R1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swatch Group (India) Private Limited, buy the company report.
Recent activity
Swatch Group (India) Private Limited has 15 board changes on record since 2005: 6 appointments and 9 cessations. The latest: Umesh Babu Mappate was appointed as Additional Director on 02 Jul 2025.
AGM
Swatch Group (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Umesh Babu Mappate was appointed as Additional Director.
Filing
Swatch Group (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Ceased
Francois Robert Daniel Thiebaud ceased to be Director.
Ceased
Partha Dattagupta ceased to be Director Appointed In Casual Vacancy.
Ceased
Stephen Joseph Duff Urquhart ceased to be Director.
Appointed
Partha Dattagupta was appointed as Director.
Ceased
Samriti Ahluwalia ceased to be Director.
Ceased
Raynald Aeschlimann ceased to be Additional Director.
Ceased
Georges Nicolas Hayek ceased to be Director.
Ceased
Naila Hayek ceased to be Director.
Appointed
Raynald Aeschlimann was appointed as Director.
6 earlier events are in the company report.
News
Frequently asked questions
Swatch Group (India) is an active private limited company based in New Delhi, Delhi, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 25 April 2000 (26+ years old) and is registered under CIN U74999DL2000PTC105409.
Swatch Group (India) has 4 current directors and KMP:
- Thierry Robert Kenel - Director
- Raynald Aeschlimann - Director
- Umesh Babu Mappate - Additional Director
- Anand Prakash - Company Secretary
The latest financial statements of Swatch Group (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 Swatch Group (India) is 07AAFCS7516R1ZN, registered in Delhi. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAFCS7516R3ZL (Delhi), 27AAFCS7516R1ZL (Maharashtra), 29AAFCS7516R1ZH (Karnataka).
The CIN (Corporate Identification Number) of Swatch Group (India) is U74999DL2000PTC105409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swatch Group (India) has 31 court cases on record: 18 filed by the company and 13 filed against it. 11 are pending. Most are in the district courts.
Swatch Group (India) was incorporated on 25 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Delhi.
Swatch Group (India) has 8 deals on record (6 funding rounds, 2 rights issues), with disclosed funding of ₹397.5 Cr; the latest was in March 2017.
Umesh Babu Mappate was appointed as Additional Director on 02 Jul 2025. Francois Robert Daniel Thiebaud ceased to be Director on 31 Jan 2025. Partha Dattagupta ceased to be Director Appointed In Casual Vacancy on 28 Sep 2018. Swatch Group (India) has 15 board changes on record in total.
Swatch Group (India) has 38 MSME Form 1 returns on record between 2014 and 2024, listing 127 overdue payments to 34 micro and small suppliers. The latest return was filed on 17 Apr 2024.
Swatch Group (India) can be reached through the website swatchgroup.com. Its registered office is in New Delhi, Delhi, India.