About Textron India Private Limited
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Textron India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Textron Far East Pte Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2004PTC033677. Its GSTIN is 29AACCT0118M1Z9 (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹19 Cr and a paid-up capital of ₹9.98 Cr. It was formerly known as Textron Global Technology Center Private Limited. It is led by directors Krishnan Venkataraman (Whole-Time Director) and Vijay Madhukar Pilay.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹371.7 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹40.57 Cr (net margin 10.9%) and EBITDA of ₹63.6 Cr (EBITDA margin 17.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 20% over five years.
The company has about 509 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹6.5 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹14 Lakh; the latest was in September 2024. Its 10 peer companies in the Engineering industry (Engineering Design, IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Fortrea Scientific Private Limited with revenue of ₹382.4 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 9 overdue payments to 2 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 textron.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressTextron India Private Limited Floor1&2 Tower 2 SEZ Campus Global Village Rvce Post My, Lasandra, Bangalore, Karnataka, India – 560059
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Textron India Private Limited
The main business activities of Textron India are professional, scientific and technical, information and communication and manufacturing. 4 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
| J | Information and communication | J8 | Other information & communication service activities | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated 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 Textron India Private Limited FY 2024 filings available
Textron India Private Limited reported revenue of ₹371.7 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Textron India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 8% growth in the latest year. EBITDA fell 6% 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 Textron 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 | ₹63.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.57 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 Textron India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.9% | •••• | •••• | •••• | •••• |
| 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 Textron 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 Textron India Private Limited
Textron India Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Design, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fortrea Scientific Private Limited | ₹382.4 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Pune, Maharashtra, India |
| Transunion Global Capability Center Private Limited | ₹378.67 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Bengaluru, Karnataka, India |
| Meganet Technologies Global Limited | ₹377.81 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| Exilant Technologies Private Limited | ₹377.14 Cr (FY 2017) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| Transline Technologies Limited | ₹371.91 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | New Delhi, Delhi, India |
| Textron India Private Limited this company | ₹371.7 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Firstrand Services Private Limited | ₹368.47 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Navi Mumbai, Maharashtra, India |
| Transaction Solutions International (India) Private Limited | ₹367.76 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Ust Global Technology Services (India) Private Limited | ₹367.67 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Kochi, Kerala, India |
| Headstrong Services India Private Limited | ₹365.73 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Delhi, India |
| Thirdware Solution Limited | ₹361.21 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Textron India by revenue in the Engineering industry (Engineering Design, IT Consulting and Services), 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 Textron India Private Limited
Textron India Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS | 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 Textron India Private Limited
Textron India has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnan Venkataraman | Whole-Time Director | 23 Mar 2009 | 17 Years 6 Months | Current |
| Vijay Madhukar Pilay | Director | 08 Sep 2011 | 15 Years 1 Months | Current |
Ownership and Shareholding of Textron 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 Textron India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2015 | Citi Bank N.A. | ₹6.5 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Textron India Private Limited
Textron India Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹14 Lakh; the latest was in September 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: Textron Atlantic LLC Seller: Textron Inc, Beechcraft International Holding LLC, Beechcraft International Service Company |
| May 2018 | Funding round | ₹14 Lakh | Investors: Beechcraft International Service Company, Beechcraft International Holding LLC |
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: Textron Far East Pte Ltd Seller: Textron Atlantic Inc |
Full deal history
All 3 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 Textron India Private Limited
Textron India Private Limited has 9 court cases on record: 4 filed by Textron India, 5 filed against it. 2 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 2 |
| District courts | 4 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Sas Automation Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Sas Automation Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Sas Automation Private Limited | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by Principal Commissioner of Central Tax | Pending |
| High Court of Karnataka | Tax appeal | Filed against the company by PR Commissioner of Income Tax-2 | Pending |
Full case history
All 9 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 Textron India Private Limited
Textron India Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 9 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Park Place Technologies India Private Limited | •••• | •••• | •••• |
| Gem Integrations Services Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 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.
Employees and EPFO Compliance at Textron India Private Limited
Textron India Private Limited has a workforce of 509 employees as of Apr 03, 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.
News related to Textron India Private Limited
Recent Activity on Textron India Private Limited
Textron India Private Limited has 26 board changes on record since 2004: 14 appointments and 12 cessations. The latest: Ann Thompson Willaman ceased to be Director on 31 Oct 2020.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Textron 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 Textron 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 Textron India Private Limited
Textron India has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCT0118M1Z9 | Karnataka | Active | 01 Jul 2017 |
| 29AACCT0118M2Z8 | Karnataka | Active | 11 Jul 2017 |
| 07AACCT0118M1ZF | Delhi | Active | 01 Jul 2017 |
| 24AACCT0118M1ZJ | Gujarat | Active | 01 Apr 2018 |
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 Textron 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 Textron India Private Limited
Textron India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 April 2004 (22+ years old) and is registered under CIN U72900KA2004PTC033677.
Textron India reported revenue of ₹371.7 Cr for FY 2025 (up 8% YoY).
Textron India has 2 current directors:
- Krishnan Venkataraman - Whole-Time Director
- Vijay Madhukar Pilay - Director
Textron India reported a net profit of ₹40.57 Cr (net margin 10.9%) and EBITDA of ₹63.6 Cr (EBITDA margin 17.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Textron India is 22% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Textron India is 29AACCT0118M1Z9, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 29AACCT0118M2Z8 (Karnataka), 07AACCT0118M1ZF (Delhi), 24AACCT0118M1ZJ (Gujarat).
The CIN (Corporate Identification Number) of Textron India is U72900KA2004PTC033677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Textron India has 9 court cases on record: 4 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Textron India was incorporated on 02 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Textron India has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹14 Lakh; the latest was in September 2024.
The peers of Textron India by revenue are Fortrea Scientific Private Limited, Transunion Global Capability Center Private Limited, Meganet Technologies Global Limited, Exilant Technologies Private Limited, Transline Technologies Limited and 5 more, all in the Engineering industry (Engineering Design, IT Consulting and Services).
Ann Thompson Willaman ceased to be Director on 31 Oct 2020. Paul Augustine Mc Gartoll ceased to be Director on 31 Dec 2019. Arijit Ghosh ceased to be Managing Director on 24 May 2018. Textron India has 26 board changes on record in total.