About Toyo Engineering India Private Limited
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Toyo Engineering India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Toyo Engineering Corporation. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 12 November 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28900MH1981PTC025413. Its GSTIN is 27AAACT1772H1ZC (Maharashtra). The company holds 16 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹100 Cr. It was formerly known as Toyo Engineering India Ltd. It is led by directors including Takashi Kawahara (Managing Director) and Suresh Bhanudas Shelke (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Toyo House L B S Margkanjurmarg W, Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2026, the company reported a revenue of ₹2,166.85 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹101.29 Cr (net margin 4.7%) and EBITDA of ₹178.12 Cr (EBITDA margin 8.2%).
The company has about 2,215 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Toyo Engineering India Private Limited and Toyo Engineering Corporation. As per MCA filings, the company has open charges of ₹3,477 Cr and satisfied charges of ₹908.4 Cr on record. Court records list 31 cases involving the company, including 13 filed by the company and 15 filed against it; 6 cases are pending. The company has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in March 2015. Its 10 peer companies in the Engineering industry (Engineering Procurement and Construction) are compared by revenue, 5 larger and 5 smaller; the largest is Wapcos Limited with revenue of ₹3,117.66 Cr. The company has 25 MSME Form 1 returns on record between 2019 and 2023, listing 285 overdue payments to 131 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 toyo-eng.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressToyo House L B S Margkanjurmarg W, Mumbai, Maharashtra, India – 400078
- 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 Toyo Engineering India Private Limited
The main business activity of Toyo Engineering India is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| 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 |
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 Toyo Engineering India Private Limited FY 2025 filings available
Toyo Engineering India Private Limited reported revenue of ₹2,166.85 Cr (down 17% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Toyo Engineering India Private Limited
Revenue fell 17% in the latest year. EBITDA fell 41% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Toyo Engineering India 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹178.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹101.29 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 Toyo Engineering India Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 Toyo Engineering 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 Toyo Engineering India Private Limited
Toyo Engineering India 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 |
|---|---|---|---|---|---|---|
| Wapcos Limited | ₹3,117.66 Cr (FY 2023) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Gayatri Projects Limited Listed | ₹3,105.74 Cr (FY 2022) | •••• | •••• | -21.0% | •••• | Hyderabad, Telangana, India |
| 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 | |
| Ram Kripal Singh Construction Private Limited | ₹2,602.8 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Begusarai, Bihar, India |
| Tecnimont Private Limited | ₹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 |
| Toyo Engineering India Private Limited this company | ₹2,166.85 Cr (FY 2026) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Toyo Engineering India 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 Toyo Engineering India Private Limited
Toyo Engineering India Private Limited is audited by B S R & CO. LLP for the financial year 2023.
| 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 Toyo Engineering India Private Limited
Toyo Engineering India has 8 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Bhanudas Shelke | Whole-Time Director | 17 Dec 2016 | 9 Years 9 Months | Current |
| Yukihiro Akimoto | Director | 29 Nov 2019 | 6 Years 10 Months | Current |
| Noriaki Seo | Director | 01 May 2024 | 2 Years 5 Months | Current |
| Takashi Kawahara Also directs: Toyo Modec Ofs India Private Limited | Managing Director | 01 May 2024 | 2 Years 5 Months | Current |
| Keiji Yoshinaga | Director | 01 May 2024 | 2 Years 5 Months | Current |
| Ippeita Kishiguchi | Director | 01 May 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of Toyo Engineering 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 Toyo Engineering India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Oct 2025 | Others | ₹485 Cr | Open |
| 15 Sep 2021 | Hdfc Bank Limited | ₹300 Cr | Open |
| 26 Aug 2015 | Others | ₹650 Cr | Open |
| 08 Mar 2010 | Axis Bank Limited | ₹745 Cr | Open |
| 23 Jan 2007 | Mizuho Corporate Bank Ltd | ₹100 Cr | Open |
Total charge records: 16 View all charges
Deals & Funding of Toyo Engineering India Private Limited
Toyo Engineering India Private Limited has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in March 2015.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Toyo Engineering Corporation Seller: Tec Estate Limited |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: Esop - Toyo Engineering India Private Limited Employee's Benefit Trust, an individual Seller: 3 individuals |
| Jul 2012 | Rights issue | ₹198 Cr | Investors: Toyo Engineering Corporation |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Tec Accounting & Consulting Limited, Tec Air Service Corporation, Techno Frontier Co Ltd Seller: 4 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 8 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 Toyo Engineering India Private Limited
Toyo Engineering India Private Limited has 31 court cases on record: 13 filed by Toyo Engineering India, 15 filed against it, 3 where it is another party. 6 cases are pending and 25 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 11 | 3 |
| High courts | 11 | 4 | 3 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Gke Projects and Constructions Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Equidem Dealers Private Limited | Pending |
| High Court of Karnataka | Court case (RP) | Filed by the company against Ongc Mangalore Petrochemicals Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Vishal Structurals Private Limited | Disposed |
| High Court of Karnataka | Arbitration matter | Filed against the company by Ongc Mangalore Petrochemicals Limited | Disposed |
Full case history
All 31 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 Toyo Engineering India Private Limited
Toyo Engineering India Private Limited has 25 MSME Form 1 returns on record between 2019 and 2023, listing 285 overdue payments to 131 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 131)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Amforge Industries | •••• | •••• | •••• |
| Reliable Equipment | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Tecnicas Reunidas Engineers India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 25 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 Toyo Engineering India Private Limited
Toyo Engineering India operates two associated brands: Toyo Engineering India Private Limited and Toyo Engineering Corporation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Design, engineering, and procurement services are provided internationally. | toyo-eng.com | |
| Engineering, procurement, and construction services in energy and industrial sectors. | toyoindia.com |
Employees and EPFO Compliance at Toyo Engineering India Private Limited
Toyo Engineering India Private Limited has a workforce of 2,215 employees as of Mar 23, 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.
CIN History of Toyo Engineering India Private Limited
Toyo Engineering India has one previous CIN (Corporate Identification Number): U28900MH1981PLC025413. The current CIN is U28900MH1981PTC025413, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28900MH1981PTC025413 | Current |
| U28900MH1981PLC025413 | Previous |
News related to Toyo Engineering India Private Limited
Recent Activity on Toyo Engineering India Private Limited
Toyo Engineering India Private Limited has 40 board changes on record since 2006: 8 appointments and 32 cessations. The latest: Kenichi Takumi Tominaga ceased to be Additional Director on 18 Jun 2025.
65 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Toyo Engineering 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 Toyo Engineering 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 Toyo Engineering India Private Limited
Toyo Engineering India has 16 GST registrations: 11 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT1772H1ZC | Maharashtra | Active | 01 Jul 2017 |
| 07AAACT1772H1ZE | Delhi | Active | 01 Jul 2017 |
| 08AAACT1772H1ZC | Rajasthan | Active | 01 Jul 2017 |
| 21AAACT1772H1ZO | Odisha | 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 Toyo Engineering 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 Toyo Engineering India Private Limited
Toyo Engineering India 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 12 November 1976 (50+ years old) and is registered under CIN U28900MH1981PTC025413.
Toyo Engineering India reported revenue of ₹2,166.85 Cr for FY 2026 (down 17% YoY).
Toyo Engineering India has 8 current directors:
- Takashi Kawahara - Managing Director
- Suresh Bhanudas Shelke - Whole-Time Director
- Jasbirsingh Soni - Whole-Time Director
- Yukihiro Akimoto - Director
- Noriaki Seo - Director
- Keiji Yoshinaga - Director
- Ippeita Kishiguchi - Director
- Kenichi Takumi Tominaga - Director
Toyo Engineering India reported a net profit of ₹101.29 Cr (net margin 4.7%) and EBITDA of ₹178.12 Cr (EBITDA margin 8.2%) for FY 2026, as per its filed financial statements.
The GSTIN of Toyo Engineering India is 27AAACT1772H1ZC, registered in Maharashtra. The company has 16 GST registrations in all, of which 11 are active and 5 are cancelled or inactive. Other active GSTINs include 07AAACT1772H1ZE (Delhi), 08AAACT1772H1ZC (Rajasthan), 21AAACT1772H1ZO (Odisha).
The CIN (Corporate Identification Number) of Toyo Engineering India is U28900MH1981PTC025413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Toyo Engineering India has 31 court cases on record: 13 filed by the company and 15 filed against it. 6 are pending. Most are in the district courts.
Toyo Engineering India was incorporated on 12 November 1976, making it 50+ years old. It is registered with the Registrar of Companies, Mumbai.
Toyo Engineering India has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in March 2015.
The peers of Toyo Engineering India by revenue are Wapcos Limited, Gayatri Projects Limited, Girdhari Lal Constructions Private Limited, Ion Exchange (India) Limited, Alfa Laval India Private Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).
Kenichi Takumi Tominaga ceased to be Additional Director on 18 Jun 2025. Kenichi Takumi Tominaga was appointed as Director on 01 May 2025. Keiji Yoshinaga ceased to be Additional Director on 19 Jun 2024. Toyo Engineering India has 40 board changes on record in total.
Toyo Engineering India has 25 MSME Form 1 returns on record between 2019 and 2023, listing 285 overdue payments to 131 micro and small suppliers. The latest return was filed on 31 Oct 2023.