About Tecnimont Private Limited
Data last updated:
Tecnimont Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Tecnimont Spa, Italy. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 09 July 1958 and has been in existence for over 68 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH1958PTC013544. Its GSTIN is 27AAACI2628B1Z2 (Maharashtra). The company holds 12 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹1.4 Cr. It was formerly known as Industrial Consulting Bureau P Ltd and Tecnimont Icb Private Limited. It is led by directors including Sathiamoorthy Gopalsamy (Managing Director) and Hariharasubramanian Mahadevan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tecnimont House Chincholi Bunder 504 Link Road Malad (West), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,585.16 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹10.08 Cr (net margin 0.4%) and EBITDA of ₹108.52 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 11% over five years.
The company has about 5,365 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary and 1 joint venture.
As per MCA filings, the company has open charges of ₹1,868 Cr and satisfied charges of ₹692.18 Cr on record. Court records list 127 cases involving the company, including 109 filed by the company and 17 filed against it; 14 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹25.61 Cr; the latest was in January 2014. Its 10 peer companies in the Engineering industry (Engineering Procurement and Construction) are compared by revenue, 5 larger and 5 smaller; the largest is Girdhari Lal Constructions Private Limited with revenue of ₹2,865.01 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tecnimont.it.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressTecnimont House Chincholi Bunder 504 Link Road Malad (West), Mumbai, Maharashtra, India – 400064
- IndustryEngineering, Procurement & Construction (EPC), Engineering
- 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 Tecnimont Private Limited
The main business activity of Tecnimont is construction. In detail, this covers specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities | 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 Tecnimont Private Limited FY 2025 filings available
Tecnimont Private Limited reported revenue of ₹2,585.16 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tecnimont Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 7% growth in the latest year. EBITDA fell 40% 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 Tecnimont 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 | ₹108.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.08 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 Tecnimont Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Tecnimont 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 Tecnimont Private Limited
Tecnimont Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Girdhari Lal Constructions Private Limited | ₹2,865.01 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Punjab, India |
| Ion Exchange (India) Limited Listed | ₹2,785.72 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Alfa Laval India Private Limited | ₹2,676.07 Cr (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Toyo Engineering India Private Limited | ₹2,612.03 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Ram Kripal Singh Construction Private Limited | ₹2,602.8 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Begusarai, Bihar, India |
| Tecnimont Private Limited this company | ₹2,585.16 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Krishna Constellation Private Limited | ₹2,558.7 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | New Delhi, Delhi, India |
| GHV (India) Private Limited | ₹2,497.91 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
| Brij Gopal Construction Company Private Limited | ₹2,444.74 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| LC Infra Projects Private Limited | ₹2,100.11 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ahmedabad, Gujarat, India |
| R.V.R. Projects Private Limited | ₹2,000.78 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Tecnimont by revenue in the Engineering industry (Engineering Procurement and Construction), 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 Tecnimont Private Limited
Tecnimont Private Limited is audited by SHAILESH HARIBHAKTI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAILESH HARIBHAKTI & ASSOCIATES | 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 Tecnimont Private Limited
Tecnimont has 9 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Vasant Rao Baride Also directs: Tecni and Metal Private Limited | Director | 09 Sep 2019 | 7 Years 1 Months | Current |
| Sathiamoorthy Gopalsamy | Managing Director | 18 Sep 2018 | 8 Years 0 Months | Current |
| Hariharasubramanian Mahadevan | Whole-Time Director | 06 Sep 2023 | 3 Years 1 Months | Current |
| Francesca Familiari | Director | 06 Sep 2023 | 3 Years 1 Months | Current |
| Thiyagarajan Bhupalasundaram | Whole-Time Director | 02 Sep 2014 | 12 Years 1 Months | Current |
| Nadia Leila Benamar Berrouayel | Director | 30 Aug 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Tecnimont 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 Tecnimont Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2024 | Others | ₹234.5 Cr | Open |
| 23 Feb 2024 | Others | ₹44 Cr | Open |
| 19 May 2023 | Others | ₹150 Cr | Open |
| 21 Nov 2022 | Standard Chartered Bank | ₹180 Cr | Open |
| 24 Apr 2019 | Standard Chartered Bank | ₹212.5 Cr | Open |
Total charge records: 10 View all charges
Deals & Funding of Tecnimont Private Limited
Tecnimont Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹25.61 Cr; the latest was in January 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2014 | Funding round | ₹25.61 Cr | Investors: an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Dryden Private Limited, 3 individuals |
Full deal history
All 2 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 Tecnimont Private Limited
Tecnimont Private Limited has 127 court cases on record: 109 filed by Tecnimont, 17 filed against it, 1 where it is another party. 14 cases are pending and 113 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 74 | 11 | 2 |
| High courts | 44 | 2 | 12 |
| Supreme Court | 9 | 4 | 0 |
Cases on record (5 of 127)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against HPCL Rajasthan Refinery Limited | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against HPCL Rajasthan Refinery Limited | Pending |
| Bombay High Court | Court case (COMEX) | Filed by the company against Bharat Petroleum Corporation Limited | Disposed |
| High Court of Kerala | Court case (AR) | Filed by the company against Bharat Petroleum Corporation Limited | Disposed |
| District court, Ernakulam, Kerala | Court case (CMApplication(Arb)) | Filed by the company against Bharat Petroleum Corporation Limited | Disposed |
Full case history
All 127 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.
Employees and EPFO Compliance at Tecnimont Private Limited
Tecnimont Private Limited has a workforce of 5,365 employees as of Mar 28, 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.
Group Structure of Tecnimont Private Limited
Tecnimont has 1 subsidiary company and 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Tecni And Metal Private Limited | U45203GJ2022PTC131649 | Locked |
Showing major subsidiaries. Total: 1.
Name History of Tecnimont Private Limited
Tecnimont has undergone 2 name changes throughout its history. The company was previously known as Industrial Consulting Bureau P Ltd, and Tecnimont Icb Private Limited. The current legal name is Tecnimont Private Limited.
| Company Name | Status |
|---|---|
| Tecnimont Private Limited | Current |
| Industrial Consulting Bureau P Ltd | Previous |
| Tecnimont Icb Private Limited | Previous |
CIN History of Tecnimont Private Limited
Tecnimont has one previous CIN (Corporate Identification Number): U74140MH1966PTC013544. The current CIN is U74140MH1958PTC013544, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MH1958PTC013544 | Current |
| U74140MH1966PTC013544 | Previous |
Recent Activity on Tecnimont Private Limited
Tecnimont Private Limited has 33 board changes on record since 2007: 10 appointments and 23 cessations. The latest: Stefania Santamaria was appointed as Director on 25 Aug 2025.
41 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tecnimont 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.
MSME Payment Delays by Tecnimont Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Tecnimont 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 Tecnimont Private Limited
Tecnimont has 12 GST registrations: 9 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI2628B1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACI2628B2Z1 | Maharashtra | Active | 21 Feb 2025 |
| 03AAACI2628B1ZC | Punjab | Active | 01 Jul 2017 |
| 24AAACI2628B1Z8 | Gujarat | Active | 01 Jul 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 Tecnimont 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 Tecnimont Private Limited
Tecnimont is an active private limited company based in Mumbai, Maharashtra, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 09 July 1958 (68+ years old) and is registered under CIN U74140MH1958PTC013544.
Tecnimont reported revenue of ₹2,585.16 Cr for FY 2025 (up 7% YoY).
Tecnimont has 9 current directors:
- Sathiamoorthy Gopalsamy - Managing Director
- Hariharasubramanian Mahadevan - Whole-Time Director
- Thiyagarajan Bhupalasundaram - Whole-Time Director
- Ravindra Laxman Shetty - Whole-Time Director
- Milind Vasant Rao Baride - Director
- Francesca Familiari - Director
- Nadia Leila Benamar Berrouayel - Director
- Gianni Bardazzi - Director
- Stefania Santamaria - Director
Tecnimont reported a net profit of ₹10.08 Cr (net margin 0.4%) and EBITDA of ₹108.52 Cr (EBITDA margin 4.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tecnimont is 12% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tecnimont is 27AAACI2628B1Z2, registered in Maharashtra. The company has 12 GST registrations in all, of which 9 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAACI2628B2Z1 (Maharashtra), 03AAACI2628B1ZC (Punjab), 24AAACI2628B1Z8 (Gujarat).
The CIN (Corporate Identification Number) of Tecnimont is U74140MH1958PTC013544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tecnimont has 127 court cases on record: 109 filed by the company and 17 filed against it. 14 are pending. Most are in the district courts.
Tecnimont was incorporated on 09 July 1958, making it 68+ years old. It is registered with the Registrar of Companies, Mumbai.
Tecnimont has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹25.61 Cr; the latest was in January 2014.
The peers of Tecnimont by revenue are Girdhari Lal Constructions Private Limited, Ion Exchange (India) Limited, Alfa Laval India Private Limited, Toyo Engineering India Private Limited, Ram Kripal Singh Construction Private Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).