India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #224 Gaurav Swarup ₹16,600 Cr
- #224 Vikram Swarup ₹16,600 Cr
Revenue · FY 2026
₹3,941.43 Cr
▲ 18% YoY
Net profit · FY 2026
₹201.63 Cr
Net margin 5.1%
EBITDA · FY 2026
₹295.83 Cr
EBITDA margin 7.5%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹8.86 Cr
Issued & subscribed
Open charges
₹5,736 Cr
Satisfied ₹120.37 Cr
Company age
79 yrs
Est. 1947
Employees · EPFO
2,165
Provident fund records
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 among India's richest people (2026). Its director Vikram Swarup is #224 among India's richest people (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 5 peer companies in the Machinery and Equipment industry (Engineering Procurement and Construction, Material Handling Equipment, Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 3 smaller; the largest is Te Connectivity India Private Limited with revenue of ₹3,522.6 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.
Company details
CIN U74999MH1947PTC005508
Registration Number 005508
Incorporation Date 23 January 1947
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 July 2025
Date of Balance Sheet 31 March 2026
Parent Company Thyssenkrupp Technologies Beteiligungen, Gmbh
Compliance Status Active Compliant
Name history
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
Contact details
Tkil Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is thyssenkrupp-industries-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address154C Mittal Tower 15th Floor 210 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryEngineering, Industrial Maintenance & Repair Services, Procurement & Construction (EPC), Engineering
To see the full contact details of Tkil Industries Private Limited, buy the company report.
Comprehensive company report
Tkil Industries 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
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Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Tkil Industries Private Limited, buy the company report.
Financials of Tkil Industries Private Limited
FY 2026 filings availableTkil Industries Private Limited reported revenue of ₹3,941.43 Cr (up 18% YoY) for FY 2026.
Revenue · FY 2026
₹3,941.43 Cr ▲ 18%
Net profit · FY 2026
₹201.63 Cr margin 5.1%
EBITDA · FY 2026
₹295.83 Cr margin 7.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 16%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 26%
5 years · compounded
▲ 71%
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Tkil Industries Private Limited, buy the company report.
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.
Current Directors and KMP
| 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 |
Showing 6 of 10 current directors and KMP. View all directors and KMP
Peer comparison
Tkil Industries Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Engineering Procurement and Construction, Material Handling Equipment, Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tkil Industries Private Limitedthis company | ₹3,941.43 Cr (FY 2026) | ₹201.63 Cr | 5.1% | 18.0% | 2,165 | Mumbai, Maharashtra, India |
| Te Connectivity India Private Limited | ₹3,522.6 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Action Construction Equipment Limited | ₹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 | ₹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 |
To see the full peer comparison of Tkil Industries Private Limited, buy the company report.
Auditor
Tkil Industries Private Limited is audited by Price Waterhouse & Co Bangalore LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Bangalore LLP | FY 2024 | 007567S/S-200012 |
Shareholding
The shareholding of Tkil Industries 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 Tkil Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5,736 Cr
Satisfied charges
₹120.37 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2025 | 101196112 | Others | ₹3,867.5 Cr | Open | |
| 20 May 2024 | 100930645 | Axis Bank Limited | ₹460 Cr | Open | |
| 09 May 2024 | 100926642 | Others | ₹600 Cr | Open | |
| 29 Dec 1995 | 80012972 | Bank of India | ₹808.5 Cr | Open | |
| 10 Feb 2006 | 80052002 | Export Import Bank of India | ₹115.02 Cr | Satisfied |
To see the full charge records of Tkil Industries Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Tkil Industries Private Limited has 11 deals on record (10 secondary share transfers, 1 acquisition); the latest was in March 2024.
Total deals
11
Secondary share transfers
10
Acquisition
1
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 |
To see the full deal history of Tkil Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
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.
Total cases
7
Filed by the company
4
Filed against the company
3
Pending
5
Disposed
2
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 Ltd | 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 |
To see the full case history of Tkil Industries 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
Tkil Industries Private Limited was last rated by Icra on 07 Apr 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 07 Apr 2019 |
To see the full credit ratings and regulatory alerts of Tkil Industries Private Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Tkil Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Tkil Industries Private Limited has a workforce of 2,165 employees on its EPFO records as of Feb 19, 2025, across 4 active EPFO establishments.
Employee count
2,165
Active EPFO establishments
4
Employee growth
9.56%
GST
Tkil Industries has 30 GST registrations: 19 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
30
Active
19
Cancelled / inactive
11
| 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 |
To see the full GST registrations and return filing status of Tkil Industries Private Limited, buy the company report.
Recent activity
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.
Filing
Tkil Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 3,867.50 Cr with Charge ID 101196112 was registered on 14 Nov 2025.
AGM
Tkil Industries Private Limited last Annual general meeting of members was held on 23 Jul 2025 as per latest MCA records.
Ceased
Pradip Panalal Shah ceased to be Additional Director.
Appointed
Pradip Panalal Shah was appointed as Director.
Appointed
Keval Navinchandra Doshi was appointed as Additional Director.
Ceased
Arun Kumar Singhania ceased to be Additional Director.
Ceased
Gaurav Swarup ceased to be Additional Director.
Ceased
Madhav Premal Kapadia ceased to be Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 460.00 Cr with Charge ID 100930645 was registered on 20 May 2024.
Charges
A charge with Others amounted to Rs. 600.00 Cr with Charge ID 100926642 was registered on 09 May 2024.
Appointed
Arun Kumar Singhania was appointed as Director.
47 earlier events are in the company report.
News
Frequently asked questions
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 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
The latest financial statements of Tkil Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 July 2025. Year-wise statements from 2015 are in the company report.
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 Te Connectivity India Private Limited, Action Construction Equipment Limited, Schindler India Private Limited, Praj Industries Limited, Otis Elevator Co (India)Ltd, all in the Machinery and Equipment industry (Engineering Procurement and Construction, Material Handling Equipment, Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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.
Tkil Industries has 24 MSME Form 1 returns on record between 2019 and 2024, listing 6,075 overdue payments to 426 micro and small suppliers. The latest return was filed on 01 May 2024.
Tkil Industries can be reached through the website thyssenkrupp-industries-india.com. Its registered office is in Mumbai, Maharashtra, India.