MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0068068
Swegon Blue Box Private Limited - machinery and equipment in Ambarnath, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹90.13 Cr
▼ 12% YoY
Net loss · FY 2025
₹12.08 Cr
Net margin -13.4%
EBITDA · FY 2025
-₹4.05 Cr
EBITDA margin -4.5%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.7 Cr
Issued & subscribed
Company age
18 yrs
Est. 2008
Employees · EPFO
104
Provident fund records
Directors on board
5
As per MCA filings
About Swegon Blue Box Private Limited
Data last updated:
Swegon Blue Box Private Limited is a foreign private limited company based in Ambarnath, Maharashtra, India, a subsidiary of Swegon Operations S.R.L., Italy. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 26 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH2008FTC189149. Its GSTIN is 27AADCB6706A1Z5 (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.7 Cr. It was formerly known as Blue Box Air Engineering (India) Private Limited. It is led by directors including Andrea Bottazzo and Sudhir Kumar Sinha.
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 Logistics Park, Ambarnath, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.13 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹12.08 Cr (net margin -13.4%) and EBITDA of -₹4.05 Cr (EBITDA margin -4.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 16% over five years.
The company has about 104 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bluebox Cooling. The company has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹5.69 Cr; the latest was in July 2021. Its 10 peer companies in the Machinery and Equipment industry (Compressors, Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Kay International Private Limited with revenue of ₹90.55 Cr. The company has 24 MSME Form 1 returns on record between 2019 and 2024, listing 6,883 overdue payments to 127 micro and small suppliers.
Swegon Blue Box Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0068068). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website blueboxcooling.com.
Company Details of Swegon Blue Box Private Limited
CIN U74210MH2008FTC189149
Registration Number 189149
Incorporation Date 26 December 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Swegon Operations S.R.L., Italy
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0068068
Recognitions & Rankings of Swegon Blue Box
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No.B – 01 Esr Lodha – Industrial & Logistics Park Survey No.136/8 138 136/10 And 135 Villa, Ge Usatane, Ambarnath, Maharashtra, India – 421306
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems, Industrial Machinery Manufacturing
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Associated Brands with Swegon Blue Box Private Limited
Swegon Blue Box operates one associated brand: Bluebox Cooling. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Smart cooling solutions and precision air conditioning systems are manufactured. | blueboxcooling.com |
Business Activity of Swegon Blue Box Private Limited
The main business activities of Swegon Blue Box are manufacturing and support service to organizations. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other support services to organizations. 2 activity segments are registered with the MCA.
| 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 | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Swegon Blue Box Private Limited FY 2025 filings available
Swegon Blue Box Private Limited reported revenue of ₹90.13 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹90.13 Cr ▼ 12%
Net loss · FY 2025
₹12.08 Cr margin -13.4%
EBITDA · FY 2025
-₹4.05 Cr margin -4.5%
Compounded Annual Growth Rate (CAGR) of Swegon Blue Box Private Limited
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 15%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 151%
3 years · compounded
▼ 50%
5 years · compounded
▼ 29%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 151% 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 of Swegon Blue Box Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.05 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.08 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 of Swegon Blue Box Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -13.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Swegon Blue Box are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Swegon Blue Box Private Limited
Swegon Blue Box has 5 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Andrea Bottazzo | Director | 27 Feb 2024 | 2 Years 7 Months | Current |
| Sudhir Kumar Sinha | Director | 07 Oct 2011 | 15 Years 0 Months | Current |
| Andreas Orje Wellstam | Director | 10 Oct 2018 | 8 Years 0 Months | Current |
| Rajesh Salian | Director | 10 Oct 2018 | 8 Years 0 Months | Current |
| Jaison Joseph | Additional Director | 02 Dec 2025 | 0 Years 10 Months | Current |
Peer Comparison of Swegon Blue Box Private Limited
Swegon Blue Box Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Compressors, Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kay International Private Limited | ₹90.55 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Electronica Hitech Machine Tools Private Limited | ₹90.54 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Pune, Maharashtra, India |
| Hnti Limited | ₹90.41 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
| Schunk Carbon Technology India Private Limited | ₹90.33 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Paques Environmental Technology India Private Limited | ₹90.28 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Chennai, Tamil Nadu, India |
| Swegon Blue Box Private Limited this company | ₹90.13 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Ambarnath, Maharashtra, India |
| Mago Thermal Limited | ₹89.69 Cr (FY 2023) | •••• | •••• | 76.0% | •••• | New Delhi, Delhi, India |
| Deevin Seismic Systems Private Limited | ₹89.62 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Bhopal, Madhya Pradesh, India |
| Sinto Bharat Manufacturing Private Limited | ₹89.48 Cr (FY 2024) | •••• | •••• | 342.0% | •••• | Chennai, Tamil Nadu, India |
| Isotex Corporation Private Limited | ₹89.3 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Ahmedabad, Gujarat, India |
| Ene Fluidtek Private Limited | ₹89.21 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Swegon Blue Box by revenue in the Machinery and Equipment industry (Compressors, Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Swegon Blue Box Private Limited
Swegon Blue Box Private Limited is audited by Gmj & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gmj & Co. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Swegon Blue Box Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Swegon Blue Box Private Limited
Swegon Blue Box Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Swegon Blue Box Private Limited
Swegon Blue Box Private Limited has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹5.69 Cr; the latest was in July 2021.
Total deals
7
Funding rounds
3
Secondary share transfers
3
Rights issue
1
Disclosed funding
₹5.69 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Swegon Group AB Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Blue Box Group SRL |
| Jun 2020 | Rights issue | ₹4 Cr | Investors: Swegon Group AB, an individual |
| Jul 2014 | Funding round | ₹1.7 Cr | Investors: Blue Box Group SRL, an individual |
| Aug 2012 | Funding round | ₹1.5 Cr | Investors: Blue Box Group SRL, an individual |
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Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
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Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Swegon Blue Box Private Limited
Swegon Blue Box Private Limited has 24 MSME Form 1 returns on record between 2019 and 2024, listing 6,883 overdue payments to 127 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 127)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Fabtech India | •••• | •••• | •••• |
| Samarth Aircon Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Jeekay Enterprises | •••• | •••• | •••• |
| Balaji Airvent Systems Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 24 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Swegon Blue Box Private Limited
Swegon Blue Box Private Limited has a workforce of 104 employees as of Apr 06, 2024.
Employee count
104
Active EPFO establishments
1
Employee growth
5.05%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Swegon Blue Box Private Limited
Swegon Blue Box Private Limited has 20 board changes on record since 2009: 5 appointments and 15 cessations. The latest: Jaison Joseph was appointed as Additional Director on 02 Dec 2025.
Appointed
Jaison Joseph was appointed as Additional Director.
AGM
Swegon Blue Box Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Swegon Blue Box Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Andrea Bottazzo ceased to be Additional Director.
Appointed
Andrea Bottazzo was appointed as Director.
Ceased
Andreas Orje Wellstam ceased to be Director.
Ceased
Massimo Boischio ceased to be Additional Director.
Ceased
Hannu Heikki Saastamoinen ceased to be Director.
Ceased
Paolo Zenatto ceased to be Director.
Ceased
Ajit Marshal Carvalho ceased to be Director.
Appointed
Andreas Orje Wellstam was appointed as Director.
Appointed
Rajesh Salian was appointed as Director.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Swegon Blue Box Private Limited
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Credit ratings, litigation, and regulatory alerts
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Subsidiaries & Group Companies of Swegon Blue Box Private Limited
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Corporate group structure
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GST Compliance of Swegon Blue Box Private Limited
Swegon Blue Box has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB6706A1Z5 | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
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MCA Filings & Documents of Swegon Blue Box Private Limited
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MCA filings and documents
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Frequently Asked Questions about Swegon Blue Box Private Limited
Swegon Blue Box is an active foreign private limited company based in Ambarnath, Maharashtra, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 26 December 2008 (18+ years old) and is registered under CIN U74210MH2008FTC189149.
Swegon Blue Box reported revenue of ₹90.13 Cr for FY 2025 (down 12% YoY).
Swegon Blue Box has 5 current directors:
- Andrea Bottazzo - Director
- Sudhir Kumar Sinha - Director
- Andreas Orje Wellstam - Director
- Rajesh Salian - Director
- Jaison Joseph - Additional Director
Swegon Blue Box reported a net loss of ₹12.08 Cr (net margin -13.4%) and EBITDA of -₹4.05 Cr (EBITDA margin -4.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Swegon Blue Box is 15% over three years and 16% over five years. In the latest year (FY 2025) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Swegon Blue Box is 27AADCB6706A1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Swegon Blue Box is U74210MH2008FTC189149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swegon Blue Box was incorporated on 26 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Swegon Blue Box has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹5.69 Cr; the latest was in July 2021.
The peers of Swegon Blue Box by revenue are Kay International Private Limited, Electronica Hitech Machine Tools Private Limited, Hnti Limited, Schunk Carbon Technology India Private Limited, Paques Environmental Technology India Private Limited and 5 more, all in the Machinery and Equipment industry (Compressors, Industrial Products Manufacturers).
Jaison Joseph was appointed as Additional Director on 02 Dec 2025. Andrea Bottazzo ceased to be Additional Director on 29 Sep 2024. Andrea Bottazzo was appointed as Director on 27 Feb 2024. Swegon Blue Box has 20 board changes on record in total.
Yes, Swegon Blue Box is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0068068).