About TK Elevator India Private Limited
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TK Elevator India Private Limited is a private limited company based in Delhi, India, a subsidiary of Tk Elevator Innovation And Operations Gmbh. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 01 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24239DL1999PTC098162. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹152.95 Cr and a paid-up capital of ₹11.42 Cr. It was formerly known as Thyssenkrupp Elevator (India) Private Limited and Thyssenkrupp Ece Elevator Private Limited. It is led by directors including Jurgen Bohler and Akanksha Jain.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 429 Functional Industrial Estate Patparganj, Delhi, India – 110092.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,556.82 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹115.35 Cr (net margin 7.4%) and EBITDA of ₹157.37 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 15% over five years.
The company has about 5,417 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Thyssenkrupp Elevator and TK Elevator. Court records list 126 cases involving the company, including 93 filed by the company and 32 filed against it; 29 cases are pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹80.95 Cr; the latest was in March 2023. Its 10 peer companies in the Machinery and Equipment industry (Material Handling Equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Johnson Lifts Private Limited with revenue of ₹3,023.84 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,236 overdue payments to 119 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 thyssenkrupp-elevator.com.
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- TelephoneLocked
- Website
- Social Media
- Registered Address429 Functional Industrial Estate Patparganj, Delhi, India – 110092
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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 TK Elevator India Private Limited
The main business activity of TK Elevator India is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | 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 TK Elevator India Private Limited FY 2025 filings available
TK Elevator India Private Limited reported revenue of ₹1,556.82 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of TK Elevator India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 29% growth in the latest year. EBITDA rose 89% 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 TK Elevator 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 | ₹157.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹115.35 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 TK Elevator India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.4% | •••• | •••• | •••• | •••• |
| 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 TK Elevator 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 TK Elevator India Private Limited
TK Elevator India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Johnson Lifts Private Limited | ₹3,023.84 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Extension, Chennai-600 101, Tamil Nadu, India |
| Kone Elevator India Private Limited | ₹2,770.9 Cr (FY 2023) | •••• | •••• | •••• | Kancheepuram, Tamil Nadu, India | |
| Tecpro Systems Limited | ₹2,624.59 Cr (FY 2013) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Elecon Engineering Company Limited Listed | ₹2,287.01 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Vallabh Vidyanagar, Gujarat, India |
| Kobelco Construction Equipment India Private Limited | ₹1,566.25 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| TK Elevator India Private Limited this company | ₹1,556.82 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Delhi, India |
| Terex India Private Limited | ₹1,286.65 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Hosur, Tamil Nadu, India |
| Braithwaite & Co Ltd | ₹1,267.8 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Ece Industries Limited | ₹902.72 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Mitsubishi Elevator India Private Limited | ₹836.5 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Kolar, Karnataka, India |
| Fujitec India Private Limited | ₹835.52 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Kancheepuram, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below TK Elevator India by revenue in the Machinery and Equipment industry (Material Handling Equipment), 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 TK Elevator India Private Limited
TK Elevator India Private Limited is audited by B S R & Co Llp for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & 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 TK Elevator India Private Limited
TK Elevator India has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jurgen Bohler | Director | 14 May 2018 | 8 Years 5 Months | Current |
| Akanksha Jain | Additional Director | 25 Nov 2025 | 0 Years 10 Months | Current |
| Ravikrishnan Srinivasan | Additional Director | 14 Apr 2026 | 0 Years 6 Months | Current |
Ownership and Shareholding of TK Elevator 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 TK Elevator India Private Limited
TK Elevator India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of TK Elevator India Private Limited
TK Elevator India Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹80.95 Cr; the latest was in March 2023.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Seller: T K Elevator Innovation And Operations Gmbh |
| Mar 2014 | Funding round | ₹42 Cr | Investors: T K Elevator Innovation And Operations Gmbh |
| Jan 2009 | Funding round | ₹20 Cr | Investors: T K Elevator Innovation And Operations Gmbh |
| Aug 2006 | Funding round | ₹3 Cr | Investors: T K Elevator Innovation And Operations Gmbh |
Full deal history
All 5 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 TK Elevator India Private Limited
TK Elevator India Private Limited has 126 court cases on record: 93 filed by TK Elevator India, 32 filed against it, 1 where it is another party. 29 cases are pending and 97 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 70 | 20 | 22 |
| High courts | 54 | 10 | 6 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 126)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Court case (COMCA) | Filed against the company by Shapoorji Pallonji and Company Private Limited | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed by the company against City Corporation Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Ritu Multitrade Services Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Kaybee Developers Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Kadarika Interiors Private Limited | Pending |
Full case history
All 126 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 TK Elevator India Private Limited
TK Elevator India Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,236 overdue payments to 119 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 119)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Leaps N Laps Logistics Private Limited | •••• | •••• | •••• |
| Ravi Teleinfomatics | •••• | •••• | •••• |
| Aishwarya Regency LLP | •••• | •••• | •••• |
| Ganesh Multitech Engineering Private Limited | •••• | •••• | •••• |
| Llabdhi Manufacturing LLP | •••• | •••• | •••• |
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 TK Elevator India Private Limited
TK Elevator India operates two associated brands: Thyssenkrupp Elevator and TK Elevator. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Elevators and escalators repair & installation services provider | thyssenkrupp-elevator.com | |
| Management consulting, business, and infrastructure services are provided. | tkelevator.com |
Employees and EPFO Compliance at TK Elevator India Private Limited
TK Elevator India Private Limited has a workforce of 5,417 employees as of Oct 10, 2025.
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.
Name History of TK Elevator India Private Limited
TK Elevator India has undergone 3 name changes throughout its history. The company was previously known as Thyssenkrupp Elevator (India) Private Limited, Thyssenkrupp Ece Elevator Private Limited, and Fremont Novo Science (India) Private Limited. The current legal name is Tk Elevator India Private Limited.
| Company Name | Status |
|---|---|
| TK Elevator India Private Limited | Current |
| Thyssenkrupp Elevator (India) Private Limited | Previous |
| Thyssenkrupp Ece Elevator Private Limited | Previous |
| Fremont Novo Science (India) Private Limited | Previous |
Recent Activity on TK Elevator India Private Limited
TK Elevator India Private Limited has 16 board changes on record since 2007: 5 appointments and 11 cessations. The latest: Ravikrishnan Srinivasan was appointed as Additional Director on 14 Apr 2026.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for TK Elevator 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 TK Elevator 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 TK Elevator India Private Limited
TK Elevator India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 TK Elevator 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.
Related news about TK Elevator India Private Limited
Frequently Asked Questions about TK Elevator India Private Limited
TK Elevator India is an active private limited company based in Delhi, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 01 February 1999 (27+ years old) and is registered under CIN U24239DL1999PTC098162.
TK Elevator India reported revenue of ₹1,556.82 Cr for FY 2025 (up 29% YoY).
TK Elevator India has 3 current directors:
- Jurgen Bohler - Director
- Akanksha Jain - Additional Director
- Ravikrishnan Srinivasan - Additional Director
TK Elevator India reported a net profit of ₹115.35 Cr (net margin 7.4%) and EBITDA of ₹157.37 Cr (EBITDA margin 10.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of TK Elevator India is 19% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
No. TK Elevator India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of TK Elevator India is U24239DL1999PTC098162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TK Elevator India has 126 court cases on record: 93 filed by the company and 32 filed against it. 29 are pending. Most are in the district courts.
TK Elevator India was incorporated on 01 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
TK Elevator India has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹80.95 Cr; the latest was in March 2023.
The peers of TK Elevator India by revenue are Johnson Lifts Private Limited, Kone Elevator India Private Limited, Tecpro Systems Limited, Elecon Engineering Company Limited, Kobelco Construction Equipment India Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Ravikrishnan Srinivasan was appointed as Additional Director on 14 Apr 2026. Akanksha Jain was appointed as Additional Director on 25 Nov 2025. Gyan Chandra Mishra ceased to be Additional Director on 30 Nov 2021. TK Elevator India has 16 board changes on record in total.