About Systemair India Private Limited
Data last updated:
Systemair India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Systemair Ab. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 29 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31908DL2007PTC164074. Its GSTIN is 09AAKCS9465Q1Z4 (Uttar Pradesh). The company holds 10 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹22.89 Cr. It was formerly known as Systemair Fans Private Limited. It is led by directors Kurt Helmut Maurer and Asokdas Mozhikunnam Damodaran.
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 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. For the same year it recorded a net profit of ₹21.82 Cr (net margin 5.9%) and EBITDA of ₹36.57 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 20% over five years.
The company has about 452 employees on its provident fund (EPFO) records.
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. Court records list 77 cases involving the company, including 75 filed by the company and 2 filed against it; 11 cases are pending. The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹16.29 Cr; the latest was in March 2012. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Tempsens Instruments (India) Limited with revenue of ₹382.47 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 317 overdue payments to 75 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 systemair.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2 Commercial Complex Mayfair Garden, New Delhi, Delhi, India – 110016
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Systemair India Private Limited
The main business activity of Systemair India is manufacturing. In detail, this covers 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 | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
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.
Compounded Annual Growth Rate (CAGR) of Systemair India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 13% growth in the latest year. EBITDA rose 18% 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 Systemair India 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 | ₹36.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.82 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 of Systemair India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Systemair India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Systemair India Private Limited
Systemair India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (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 |
|---|---|---|---|---|---|---|
| Tempsens Instruments (India) Limited | ₹382.47 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Vadodara, Gujarat, India |
| Namo Alloys Private Limited | ₹382.11 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Edgetech Air Systems Private Limited | ₹379.7 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Coperion Ideal Private Limited | ₹377.07 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Cu-Built Engineers Private Limited | ₹375.07 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Pcntda, Bhosari, Pune - 411026, Maharashtra, India |
| Systemair India Private Limited this company | ₹372.39 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Pressmatic Engineers India Private Limited | ₹370.23 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Coimbatore, Tamil Nadu, India |
| Kirloskar Ebara Pumps Limited | ₹368.75 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
| Ratan Projects & Engineering Co. Private Limited | ₹367.89 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Kolkata, West Bengal, India |
| Ajay Poly Ltd | ₹366.17 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | New Delhi, Delhi, India |
| Everllence India Private Limited | ₹360.97 Cr (FY 2020) | •••• | •••• | •••• | Aurangabad, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Systemair India by revenue in the Machinery and Equipment industry (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 Systemair India Private Limited
Systemair India Private Limited is audited by T R CHADHA & CO LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T R CHADHA & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Systemair India Private Limited
Systemair India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kurt Helmut Maurer Also directs: Nadi Airtechnics Private Limited | Director | 30 Aug 2019 | 7 Years 1 Months | Current |
| Asokdas Mozhikunnam Damodaran | Director | 29 Sep 2011 | 15 Years 0 Months | Current |
Ownership and Shareholding of Systemair India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Systemair India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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
Deals & Funding of Systemair India Private Limited
Systemair India Private Limited has 4 deals on record (4 funding rounds), with disclosed funding of ₹16.29 Cr; the latest was in March 2012.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Funding round | ₹5 Cr | Investors: an individual |
| Dec 2011 | Funding round | ₹1.89 Cr | Investors: an individual |
| Jan 2010 | Funding round | ₹6.72 Cr | Investors: an individual |
| Mar 2008 | Funding round | ₹2.67 Cr | Investors: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
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.
Legal Cases of Systemair India Private Limited
Systemair India Private Limited has 77 court cases on record: 75 filed by Systemair India, 2 filed against it. 11 cases are pending and 66 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 72 | 2 | 9 |
| High courts | 5 | 0 | 2 |
Cases on record (5 of 77)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Commercial suit | Filed by the company against Centech Engineers Private Limited | Pending |
| District court, South, Delhi | Civil suit | Filed by the company against Airon Pharma Solutions Private Limited | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Protek Air Solutions Private Limited | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against Volition Projects Private Limited | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against Allied Engineering Private Limited | Pending |
Full case history
All 77 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Systemair India Private Limited
Systemair India Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 317 overdue payments to 75 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 75)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ralpro Industries Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ramco Plast Product Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 14 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Systemair India Private Limited
Systemair India operates one associated brand: Systemair. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sustainable HVAC products and systems are manufactured for various sectors. | systemair.com |
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 and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Systemair India Private Limited
Systemair India Private Limited has 10 board changes on record since 2011: 2 appointments and 8 cessations. The latest: Kurt Helmut Maurer ceased to be Additional Director on 30 Sep 2019.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Systemair India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Systemair India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Systemair India Private Limited
Systemair India has 10 GST registrations: 5 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAKCS9465Q1Z4 | Uttar Pradesh | Active | 01 Jul 2017 |
| 36AAKCS9465Q1Z7 | Telangana | Active | 01 Jul 2017 |
| 27AAKCS9465Q1Z6 | Maharashtra | Active | 21 Sep 2017 |
| 29AAKCS9465Q1Z2 | Karnataka | Active | 22 Sep 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Systemair India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Systemair India Private Limited
Systemair India is an active private limited company based in New Delhi, Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 29 May 2007 (19+ years old) and is registered under CIN U31908DL2007PTC164074.
Systemair India reported revenue of ₹372.39 Cr for FY 2025 (up 13% YoY).
Systemair India has 2 current directors:
- Kurt Helmut Maurer - Director
- Asokdas Mozhikunnam Damodaran - Director
Systemair India reported a net profit of ₹21.82 Cr (net margin 5.9%) and EBITDA of ₹36.57 Cr (EBITDA margin 9.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Systemair India is 16% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Systemair India is 09AAKCS9465Q1Z4, registered in Uttar Pradesh. The company has 10 GST registrations in all, of which 5 are active and 5 are cancelled or inactive. Other active GSTINs include 36AAKCS9465Q1Z7 (Telangana), 27AAKCS9465Q1Z6 (Maharashtra), 29AAKCS9465Q1Z2 (Karnataka).
The CIN (Corporate Identification Number) of Systemair India is U31908DL2007PTC164074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Systemair India has 77 court cases on record: 75 filed by the company and 2 filed against it. 11 are pending. Most are in the district courts.
Systemair India was incorporated on 29 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Systemair India has 4 deals on record (4 funding rounds), with disclosed funding of ₹16.29 Cr; the latest was in March 2012.
The peers of Systemair India by revenue are Tempsens Instruments (India) Limited, Namo Alloys Private Limited, Edgetech Air Systems Private Limited, Coperion Ideal Private Limited, Cu-Built Engineers Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Kurt Helmut Maurer ceased to be Additional Director on 30 Sep 2019. Hakan Lenjesson Georg ceased to be Director on 16 Sep 2019. Kurt Helmut Maurer was appointed as Director on 30 Aug 2019. Systemair India has 10 board changes on record in total.