Fortune MNC 500 India 2026 edition
Rank#434- Total income
- ₹477 Cr
- Profit
- ₹83 Cr
Last year #435
Taegutec India Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹473.07 Cr
▲ 23% YoY
Net profit · FY 2025
₹82.94 Cr
Net margin 17.5%
EBITDA · FY 2025
₹113.37 Cr
EBITDA margin 24%
Authorised capital
₹14 Cr
Registered with MCA
Paid-up capital
₹4.7 Cr
Issued & subscribed
Satisfied charges
₹17.5 Cr
No open charges
Company age
27 yrs
Est. 1999
Employees · EPFO
193
Provident fund records
About Taegutec India Private Limited
Data last updated:
Taegutec India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Mc International Metalworking Co. Bv. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 27 October 1999 and has been in existence for over 27 years.
Taegutec India is ranked #434 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27109KA1999PTC025888. Its GSTIN is 29AAACT9923C1Z9 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹4.7 Cr. It was formerly known as Taegutec India Limited. It is led by directors including Krishnan Lakshmikanthan (Managing Director) and Hyun Jun Han.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 119 & 120 4th Phase, Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2025, the company reported a revenue of ₹473.07 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹82.94 Cr (net margin 17.5%) and EBITDA of ₹113.37 Cr (EBITDA margin 24%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.
The company has about 193 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹17.5 Cr on record. Court records list 17 cases involving the company, including 13 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website taegutec-india.com.
Company details
CIN U27109KA1999PTC025888
Registration Number 025888
Incorporation Date 27 October 1999
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Mc International Metalworking Co. Bv
Compliance Status Active Compliant
Key People
Krishnan Lakshmikanthan Managing Director Arakere Gopalswamy Rakesh Cfo Hyun Jun Han Director Recognitions & Rankings of Taegutec India
Contact details
Taegutec India Private Limited's registered office is in Bangalore, Karnataka. Its website is taegutec-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 119 & 120 4th Phase, Bangalore, Karnataka, India – 560099
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Taegutec India Private Limited, buy the company report.
Comprehensive company report
Taegutec 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of Taegutec India are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Taegutec India Private Limited, buy the company report.
Financials of Taegutec India Private Limited
FY 2025 filings availableTaegutec India Private Limited reported revenue of ₹473.07 Cr (up 23% YoY) for FY 2025.
Revenue · FY 2025
₹473.07 Cr ▲ 23%
Net profit · FY 2025
₹82.94 Cr margin 17.5%
EBITDA · FY 2025
₹113.37 Cr margin 24%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 12%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 3%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 23% growth in the latest year. EBITDA rose 23% 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 | ₹473.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹113.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹82.94 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 | 24% | ||||
| Net Profit Margin | 17.5% | ||||
| 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 Taegutec India Private Limited, buy the company report.
Board of directors and KMP of Taegutec India Private Limited
Taegutec 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 |
|---|---|---|---|---|
| Krishnan Lakshmikanthan | Managing Director | 01 Jan 2005 | 21 Years 9 Months | Current |
| Hyun Jun Han | Director | 27 Jan 2017 | 9 Years 8 Months | Current |
| Arakere Gopalswamy Rakesh | Cfo | 19 Jul 2016 | 10 Years 3 Months | Current |
| Jacob Harpaz Also directs: Iscar India Private Limited, Tungaloy India Private Limited | Director | 15 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Taegutec India Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pec Ventures Private Limited | ₹510.28 Cr (FY 2025) | -8.0% | Delhi, India | |||
| Geekay Wires Limited | ₹499.5 Cr (FY 2025) | 13.0% | Hyderabad, Telangana, India | |||
| Se Forge Limited | ₹492 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Taegutec India Private Limitedthis company | ₹473.07 Cr (FY 2025) | ₹82.94 Cr | 17.5% | 23.0% | 193 | Bangalore, Karnataka, India |
| Multimetals Limited | ₹461.7 Cr (FY 2025) | 9.0% | Kotah, Rajasthan, India | |||
| Oriental Foundry Private Limited | ₹458.23 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Taegutec India Private Limited, buy the company report.
Auditor
Taegutec India Private Limited is audited by BSR & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Co LLP | FY 2025 | 101248/W/W-100022 |
Shareholding
The shareholding of Taegutec 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 Taegutec India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹17.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2000 | 90195541 | State Bank of India | ₹6.5 Cr | Satisfied | |
| 18 Oct 2000 | 90197839 | State Bank of India | ₹11 Cr | Satisfied |
To see the full charge records of Taegutec India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Taegutec India Private Limited has 17 court cases on record: 13 filed by Taegutec India, 4 filed against it. 3 cases are pending and 14 are disposed.
Total cases
17
Filed by the company
13
Filed against the company
4
Pending
3
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 1 | 1 |
| High courts | 6 | 3 | 2 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by M/S Masa Tech Trading Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Masa Tech Trading Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Masa Tech Trading Pvt Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against Mss.Metcut Toolings Pvt.Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against Mss.Metcut Toolings Pvt.Ltd | Disposed |
To see the full case history of Taegutec 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.
Credit ratings & regulatory alerts
Taegutec India Private Limited was last rated by Icra on 12 Apr 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 12 Apr 2019 |
To see the full credit ratings and regulatory alerts of Taegutec India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Taegutec India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Taegutec India Private Limited has a workforce of 193 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
193
Active EPFO establishments
1
Employee growth
3.21%
GST
Taegutec India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACT9923C1Z9 | Karnataka | Active | 01 Jul 2017 |
| 27AAACT9923C1ZD | Maharashtra | Active | 15 Feb 2019 |
To see the full GST registrations and return filing status of Taegutec India Private Limited, buy the company report.
Recent activity
Taegutec India Private Limited has 20 board changes on record since 1999: 12 appointments and 8 cessations. The latest: Jacob Harpaz was appointed as Director on 15 Apr 2025.
AGM
Taegutec India Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Appointed
Jacob Harpaz was appointed as Director.
Ceased
Nirmal Kumar Jain ceased to be Director.
Ceased
Sanjiv Krishnaji Shelgikar ceased to be Director.
Filing
Taegutec India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Nirmal Kumar Jain was appointed as Director.
Ceased
Srinivasan Rangarajan ceased to be Director.
Ceased
Erez Mizrahi ceased to be Director.
Appointed
Sanjiv Krishnaji Shelgikar was appointed as Director.
Appointed
Hyun Jun Han was appointed as Director.
Appointed
Erez Mizrahi was appointed as Director.
Appointed
Arakere Gopalswamy Rakesh was appointed as CFO.
17 earlier events are in the company report.
Frequently asked questions
Taegutec India is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 27 October 1999 (27+ years old) and is registered under CIN U27109KA1999PTC025888.
Taegutec India has 4 current directors and KMP:
- Krishnan Lakshmikanthan - Managing Director
- Hyun Jun Han - Director
- Jacob Harpaz - Director
- Arakere Gopalswamy Rakesh - Cfo
The latest financial statements of Taegutec India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Taegutec India is 29AAACT9923C1Z9, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACT9923C1ZD (Maharashtra).
The CIN (Corporate Identification Number) of Taegutec India is U27109KA1999PTC025888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Taegutec India has 17 court cases on record: 13 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Taegutec India was incorporated on 27 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Taegutec India by revenue are Pec Ventures Private Limited, Geekay Wires Limited, Se Forge Limited, Multimetals Limited, Oriental Foundry Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Jacob Harpaz was appointed as Director on 15 Apr 2025. Nirmal Kumar Jain ceased to be Director on 15 Apr 2025. Sanjiv Krishnaji Shelgikar ceased to be Director on 15 Apr 2025. Taegutec India has 20 board changes on record in total.
Taegutec India can be reached through the website taegutec-india.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Taegutec India is at No 119 & 120 4th Phase, Bangalore, Karnataka, India – 560099.