- #224 Gaurav Swarup ₹16,600 Cr
- #224 Vikram Swarup ₹16,600 Cr

About Tkil Industries Private Limited
Data last updated:
Tkil Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Thyssenkrupp Technologies Beteiligungen, Gmbh. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 23 January 1947 and has been in existence for over 79 years.
Its director Gaurav Swarup is #224 on the Hurun India Rich List 2026. Its director Vikram Swarup is #224 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1947PTC005508. Its GSTIN is 27AAACK1947K1ZD (Maharashtra). The company holds 30 GST registrations, of which 19 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.86 Cr. It was formerly known as New India Development Corporation Pvt Ltd and New India Development Corporation Ltd. It is led by directors including Vivek Bhatia (Managing Director) and Pradip Panalal Shah.
Its last annual general meeting (AGM) was held on 23 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 154C Mittal Tower 15th Floor 210 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2026, the company reported a revenue of ₹3,941.43 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹201.63 Cr (net margin 5.1%) and EBITDA of ₹295.83 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 17% over five years.
The company has about 2,165 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5,736 Cr and satisfied charges of ₹120.37 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 5 cases are pending. The company has 11 deals on record (10 secondary share transfers, 1 acquisition); the latest was in March 2024. Its 10 peer companies in the Machinery and Equipment industry (Engineering Procurement and Construction, Material Handling Equipment, Process Machinery) are compared by revenue, 5 larger and 5 smaller; the largest is Rithwik Projects Private Limited with revenue of ₹3,563.46 Cr. The company has 24 MSME Form 1 returns on record between 2019 and 2024, listing 6,075 overdue payments to 426 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-industries-india.com.
Name History of Tkil Industries Private Limited
Tkil Industries has undergone 2 name changes throughout its history. The company was previously known as New India Development Corporation Pvt Ltd, and New India Development Corporation Ltd. The current legal name is Tkil Industries Private Limited.
| Company Name | Status |
|---|---|
| Tkil Industries Private Limited | Current |
| New India Development Corporation Pvt Ltd | Previous |
| New India Development Corporation Ltd | Previous |
Recognitions & Rankings of Tkil Industries
- EmailLocked
- TelephoneLocked
- Social Media
- Registered Address154C Mittal Tower 15th Floor 210 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryEngineering, Industrial Maintenance & Repair Services, 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 Tkil Industries Private Limited
The main business activity of Tkil Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Tkil Industries Private Limited FY 2026 filings available
Tkil Industries Private Limited reported revenue of ₹3,941.43 Cr (up 18% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Tkil Industries Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 18% growth in the latest year. EBITDA rose 15% 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 Tkil Industries Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3,941.43 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹295.83 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹201.63 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 Tkil Industries Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.1% | •••• | •••• | •••• | •••• |
| 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 Tkil Industries 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.
Board of Directors and KMP of Tkil Industries Private Limited
Tkil Industries Private Limited currently reports 9 directors and 1 key managerial person. 34 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Panalal Shah | Director | 13 Jan 2025 | 1 Years 9 Months | Current |
| Ketan Vishnu Pendse | Cfo | 23 Jun 2022 | 4 Years 3 Months | Current |
| Vivek Bhatia Also directs: GMM Pfaudler Limited | Managing Director | 01 Aug 2018 | 8 Years 2 Months | Current |
| Premal Narendra Kapadia Also directs: Sukripa International Services LLP, Kaira Can Company Limited, Alkyl Amines Chemicals Limited and 5 more | Director | 20 Jul 1999 | 27 Years 3 Months | Current |
| Keval Navinchandra Doshi Also directs: Kaira Can Company Limited, Clean Science and Technology Limited, Clean Fino-Chem Limited and 2 more | Additional Director | 18 Oct 2024 | 2 Years 0 Months | Current |
| Vikram Swarup Also directs: Jay Shree Tea and Industries Limited, Paharpur Cooling Towers Ltd, Rccpl Private Limited and 5 more | Director | 19 Dec 2008 | 17 Years 10 Months | Current |
Peer Comparison of Tkil Industries Private Limited
Tkil Industries Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Engineering Procurement and Construction, Material Handling Equipment, Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tkil Industries Private Limited this company | ₹3,941.43 Cr (FY 2026) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Rithwik Projects Private Limited | ₹3,563.46 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Hyerabad, Telangana, India |
| Te Connectivity India Private Limited | ₹3,522.6 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Skylark Infra Engineering Private Limited | ₹3,469.37 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
| Vishwa Samudra Holdings Private Limited | ₹3,458.07 Cr (FY 2025) | •••• | •••• | 327.0% | •••• | Hyderabad, Telangana, India |
| Action Construction Equipment Limited Listed | ₹3,427.37 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Palwal, Haryana, India |
| Schindler India Private Limited | ₹3,293.55 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Praj Industries Limited Listed | ₹3,278.88 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Pune, Maharashtra, India |
| Otis Elevator Co (India)Ltd | ₹3,260.69 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Engineers India Limited Listed | ₹3,247.84 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Wapcos Limited | ₹3,117.66 Cr (FY 2023) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Tkil Industries by revenue in the Machinery and Equipment industry (Engineering Procurement and Construction, Material Handling Equipment, Process Machinery), 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 Tkil Industries Private Limited
Tkil Industries Private Limited is audited by Price Waterhouse & Co Bangalore LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse & Co Bangalore 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.
Ownership and Shareholding of Tkil Industries 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 Tkil Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Nov 2025 | Others | ₹3,867.5 Cr | Open |
| 20 May 2024 | Axis Bank Limited | ₹460 Cr | Open |
| 09 May 2024 | Others | ₹600 Cr | Open |
| 29 Dec 1995 | Bank of India | ₹808.5 Cr | Open |
| 10 Feb 2006 | Export Import Bank of India | ₹115.02 Cr | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of Tkil Industries Private Limited
Tkil Industries Private Limited has 11 deals on record (10 secondary share transfers, 1 acquisition); the latest was in March 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Bwi Equity Trust, 2 individuals Seller: 2 individuals |
| Feb 2024 | Acquisition | Undisclosed | Buyer: Paharpur Cooling Towers Ltd , Protos Engineering Company Private Limited Seller: Thyssenkrupp AG |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: Paharpur Cooling Towers Ltd Seller: Paharpur Corporation Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
Full deal history
All 11 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 Tkil Industries Private Limited
Tkil Industries Private Limited has 7 court cases on record: 4 filed by Tkil Industries, 3 filed against it. 5 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 3 |
| High courts | 3 | 1 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Execution petition | Filed by the company against Venkatesh Coke and Power Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by DCM Shriram Limited | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against Enkebee Infratech India Private Limited | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Court case (TS (Com)) | Filed against the company by Techno India Manufacturing and Engineering Solution | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Thyseen Krupp Industries India Private Ltd | Pending |
Full case history
All 7 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 Tkil Industries Private Limited
Tkil Industries Private Limited has 24 MSME Form 1 returns on record between 2019 and 2024, listing 6,075 overdue payments to 426 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 426)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Pravin Auto & Industrial Agency LLP | •••• | •••• | •••• |
| Super India Spring Mfg.Co. | •••• | •••• | •••• |
| Raghukul Marketing & Engineering | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 24 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 Tkil Industries Private Limited
Tkil Industries Private Limited has a workforce of 2,165 employees as of Feb 19, 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.
Recent Activity on Tkil Industries Private Limited
Tkil Industries Private Limited has 43 board changes on record since 1999: 10 appointments and 33 cessations. The latest: Pradip Panalal Shah ceased to be Additional Director on 22 Jul 2025.
47 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tkil Industries 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 Tkil Industries 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 Tkil Industries Private Limited
Tkil Industries has 30 GST registrations: 19 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK1947K1ZD | Maharashtra | Active | 01 Jul 2017 |
| 27AAACK1947K2ZC | Maharashtra | Active | 06 Sep 2017 |
| 06AAACK1947K1ZH | Haryana | Active | 01 Jul 2017 |
| 08AAACK1947K1ZD | Rajasthan | 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 Tkil Industries 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 Tkil Industries Private Limited
Frequently Asked Questions about Tkil Industries Private Limited
Tkil Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 23 January 1947 (79+ years old) and is registered under CIN U74999MH1947PTC005508.
Tkil Industries reported revenue of ₹3,941.43 Cr for FY 2026 (up 18% YoY).
Tkil Industries has 10 current directors and KMP:
- Vivek Bhatia - Managing Director
- Pradip Panalal Shah - Director
- Premal Narendra Kapadia - Director
- Keval Navinchandra Doshi - Additional Director
- Vikram Swarup - Director
- Neerja Arvind Parikh - Director Appointed In Casual Vacancy
- Gaurav Swarup - Director
- Madhav Premal Kapadia - Director
- Arun Kumar Singhania - Director
- Ketan Vishnu Pendse - Cfo
Tkil Industries reported a net profit of ₹201.63 Cr (net margin 5.1%) and EBITDA of ₹295.83 Cr (EBITDA margin 7.5%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tkil Industries is 16% over three years and 17% over five years. In the latest year (FY 2026) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tkil Industries is 27AAACK1947K1ZD, registered in Maharashtra. The company has 30 GST registrations in all, of which 19 are active and 11 are cancelled or inactive. Other active GSTINs include 27AAACK1947K2ZC (Maharashtra), 06AAACK1947K1ZH (Haryana), 08AAACK1947K1ZD (Rajasthan).
The CIN (Corporate Identification Number) of Tkil Industries is U74999MH1947PTC005508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tkil Industries has 7 court cases on record: 4 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.
Tkil Industries was incorporated on 23 January 1947, making it 79+ years old. It is registered with the Registrar of Companies, Mumbai.
Tkil Industries has 11 deals on record (10 secondary share transfers, 1 acquisition); the latest was in March 2024.
The peers of Tkil Industries by revenue are Rithwik Projects Private Limited, Te Connectivity India Private Limited, Skylark Infra Engineering Private Limited, Vishwa Samudra Holdings Private Limited, Action Construction Equipment Limited and 5 more, all in the Machinery and Equipment industry (Engineering Procurement and Construction, Material Handling Equipment, Process Machinery).
Pradip Panalal Shah ceased to be Additional Director on 22 Jul 2025. Pradip Panalal Shah was appointed as Director on 13 Jan 2025. Keval Navinchandra Doshi was appointed as Additional Director on 18 Oct 2024. Tkil Industries has 43 board changes on record in total.