Systemair India Private Limited

Systemair India Private Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials and compliance.
CIN U31908DL2007PTC164074 Incorporated 29 May 2007 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2025
₹372.39 Cr
▲ 13.00% YoY
EBITDA · FY 2025
*****
▲ 18.00% YoY
Net profit · FY 2025
*****
▲ 23.00% YoY
Authorised capital
₹23 Cr
Registered with MCA
Paid-up capital
₹22.89 Cr
Issued & subscribed
Open charges
₹60 Cr
Satisfied ₹50.53 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
452
Latest available

About Systemair India Private Limited

Data last updated: 05 January 2026

Systemair India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Systemair Ab. It specialises in industrial machinery manufacturing, a part of the broader machinery and industrial equipment sector. Incorporated on 29 May 2007, the company has been in operation for over 19 years.

Registered with ROC Delhi under CIN U31908DL2007PTC164074.

Capital: an authorised share capital of ₹23 Cr and a paid-up capital of ₹22.89 Cr. Formerly known as Systemair Fans Private Limited. It is led by directors Kurt Helmut Maurer and Asokdas Mozhikunnam Damodaran.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 2 Commercial Complex Mayfair Garden, New Delhi, Delhi, India – 110016.

As per the financials filed for FY 2025, the company reported a revenue of ₹372.39 Cr, a growth of 13% compared to the previous year.

The company has a workforce of approximately 452 employees as per the latest available data. It operates as a subsidiary of Systemair Ab.

The company is associated with 1 brand - Systemair. As per MCA filings, the company has open charges of ₹60 Cr and satisfied charges of ₹50.53 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 systemair.com.

Company Details of Systemair India Private Limited
CIN U31908DL2007PTC164074
Registration Number 164074
Incorporation Date 29 May 2007
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Systemair Ab
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    2 Commercial Complex Mayfair Garden, New Delhi, Delhi, India – 110016
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing
Company report
Systemair India Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Systemair India Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Systemair India Private Limited

Systemair India Private Limited operates one associated brand: Systemair. These brands represent Systemair India Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Sustainable HVAC products and systems are manufactured for various sectors. systemair.com

Competitors & Alternatives of Systemair India Private Limited

Brands and companies operating in the same space as Systemair India Private Limited include NIBE Group, Aira, ConnectM and 5 more.

Competitor Description Location Founded
NIBE Group NIBE Group Provider of sustainable energy solutions contributing to reducing greenhouse gas emissions globally Markaryd, Sweden, Sweden 1952
Aira Aira Air-source heat pumps for residential heating efficiency are provided. Stockholm, Sweden, Sweden 2022
ConnectM ConnectM Energy management solutions are provided via asset-connecting platforms and applications. Marlborough, United States, United States 2007
DREM DREM Heat pumps are provided for distributed energy saving solutions. Stockholm, Sweden, Sweden 2022
Ngenic Ngenic Smart thermostat for homes Uppsala, Sweden, Sweden 2010
Sally R Sally R IoT and cloud-based solutions for energy-efficient building ventilation are offered. Vasteras, Sweden, Sweden 2016
Airwatergreen Airwatergreen Dehumidification and air treatment solutions are provided for humidity control. Uppsala, Sweden, Sweden 2009
MIMSI Materials MIMSI Materials Thin films and coating materials are designed and manufactured. Linkoping, Sweden, Sweden 2013

Business Activity of Systemair India Private Limited

Systemair India Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C7 Metal and metal products *********

Auditor Details of Systemair India Private Limited

Systemair India Private Limited is audited by T R CHADHA & CO LLP for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
T R CHADHA & CO LLP blur-value blur-value blur-value

Board of Directors of Systemair India Private Limited

Systemair India Private Limited is currently managed by 3 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Kurt Helmut Maurer Director 30 Aug 2019 6 Years 10 Months Current
Asokdas Mozhikunnam Damodaran Director 29 Sep 2011 14 Years 9 Months Current

Financials of Systemair India Private Limited FY 2025 filings available

Systemair India Private Limited reported revenue of ₹372.39 Cr (up 13% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹372.39 Cr ▲ 13%
Profit
***** ▲ 23%
EBITDA
***** ▲ 18%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Systemair India Private Limited

As of FY 2023, Systemair India Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Systemair India Private Limited

Open charges
₹60 Cr
Satisfied charges
₹50.53 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹35.00 Cr
Others₹25.00 Cr
Latest charge details
DateLenderAmountStatus
15 Apr 2024 Others ₹25 Cr Open
03 Apr 2019 Hdfc Bank Limited ₹35 Cr Open
22 May 2012 Canara Bank ₹1.85 Cr Satisfied
04 Mar 2009 Canara Bank ₹36 Cr Satisfied
16 Apr 2007 Canara Bank ₹12 Cr Satisfied

Total charge records: 8 View all charges

Employees and EPFO Compliance at Systemair India Private Limited

Systemair India Private Limited has a workforce of 452 employees as of Apr 05, 2024.

Employee count
452
Active EPFO establishments
2
Employee growth
0.67%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Systemair India Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Systemair India Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Systemair India Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Systemair India Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Systemair India Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Systemair India Private Limited

MSME Payment Delays by Systemair India Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Systemair India Private Limited

Subsidiaries & Group Companies of Systemair India Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Systemair India Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Systemair India Private Limited

MCA Filings & Documents of Systemair India Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Systemair India Private Limited

Activity
30 Sep 2025
Systemair India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
14 Aug 2025
A charge with Others of Rs. 25.00 Cr registered on 15 Apr 2024 with Charge ID 100916762 was modified on 14 Aug 2025.
Activity
31 Mar 2025
Systemair India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
15 Apr 2024
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100916762 was registered on 15 Apr 2024.
Charges
19 Sep 2022
A charge with Hdfc Bank Limited of Rs. 35.00 Cr registered on 03 Apr 2019 with Charge ID 100257833 was modified on 19 Sep 2022.
Directors
30 Aug 2019
Kurt Helmut Maurer was appointed as a Director on 30 Aug 2019 & has been associated with this company since 6 years 10 months.

Frequently Asked Questions about Systemair India Private Limited

Systemair India Private Limited is an active private limited company in the machinery and equipment sector based in New Delhi, Delhi, India. It was incorporated on 29 May 2007 (19+ years old) and is registered under CIN U31908DL2007PTC164074. The company has 452 employees.

Systemair India Private Limited reported revenue of ₹372.39 Cr for FY 2025 (up 13.00% YoY).

The current directors of Systemair India Private Limited are:

The primary industry of Systemair India Private Limited is machinery and equipment. The company specifically operates in industrial machinery manufacturing. The company is currently active in this sector.

Systemair India Private Limited can be reached at the registered office: 2 Commercial Complex Mayfair Garden, New Delhi, Delhi, India – 110016, or through the website systemair.com.

The authorised capital is ₹23 Cr, and the paid-up capital is ₹22.89 Cr.

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