About Trane Technologies India Private Limited
Data last updated:
Trane Technologies India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Industrial Chill Servicing Private Limited. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 09 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24233KA1996PTC093425. Its GSTIN is 29AACCS9663E2ZY (Karnataka). The company holds 14 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹33.34 Cr and a paid-up capital of ₹1.29 Cr. It was formerly known as Ingersoll - Rand Climate Solutions Private Limited and Shree Lokanath Pharmaceuticals Private Limited. It is led by directors Kishor Balu Patil and Govind Prasad Gupta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8th Floor Tower D Ibc Knowledge Park No. 4/1 Bannerghatta Main Road, Bangalore, Karnataka, India – 560029.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,194.8 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹119.25 Cr (net margin 10%) and EBITDA of ₹182 Cr (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 30% over five years.
The company has about 315 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Trane Technologies and Trane. Court records list 32 cases involving the company, including 14 filed by the company and 14 filed against it; 12 cases are pending. The company has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹181.01 Cr; the latest was in January 2024. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Danfoss Industries Private Limited with revenue of ₹3,063.75 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 496 overdue payments to 98 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 trane.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address8th Floor Tower D Ibc Knowledge Park No. 4/1 Bannerghatta Main Road, Bangalore, Karnataka, India – 560029
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 Trane Technologies India Private Limited
The business activities of Trane Technologies India are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | D3 | Locked | 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 Trane Technologies India Private Limited FY 2025 filings available
Trane Technologies India Private Limited reported revenue of ₹1,194.8 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Trane Technologies India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 31% growth in the latest year. EBITDA rose 22% 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 Trane Technologies 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 | ₹182 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹119.25 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 Trane Technologies India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10% | •••• | •••• | •••• | •••• |
| 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 Trane Technologies 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 Trane Technologies India Private Limited
Trane Technologies India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Danfoss Industries Private Limited | ₹3,063.75 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Chennai, Tamil Nadu, India |
| Prompt Enterprises Private Limited | ₹2,823.32 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Yamuna Vihar, Delhi, India |
| Alfa Laval India Private Limited | ₹2,676.07 Cr (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Abrel Epc Limited | ₹2,002.39 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
| Flsmidth Private Limited | ₹1,343.2 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Chennai, Tamil Nadu, India |
| Trane Technologies India Private Limited this company | ₹1,194.8 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Bangalore, Karnataka, India |
| Sun Export Private Limited | ₹1,123.21 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Grundfos Pumps India Private Limited | ₹1,085.76 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Chennai, Tamil Nadu, India |
| Reekay Seamless Equipments & Solutions Private Limited | ₹918.4 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Nagpur, Maharashtra, India |
| Mann and Hummel Filter Private Limited | ₹880.57 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Bangalore, Karnataka, India |
| Friends Bulk Handlers Limited | ₹877.91 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Gandhidham, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Trane Technologies India by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), 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 Trane Technologies India Private Limited
Trane Technologies India Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse & Co Chartered Accountants 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 Trane Technologies India Private Limited
Trane Technologies India has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishor Balu Patil | Director | 12 Feb 2020 | 6 Years 7 Months | Current |
| Govind Prasad Gupta | Director | 19 Apr 2024 | 2 Years 5 Months | Current |
Ownership and Shareholding of Trane Technologies 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 Trane Technologies India Private Limited
Trane Technologies India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Trane Technologies India Private Limited
Trane Technologies India Private Limited has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹181.01 Cr; the latest was in January 2024.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: Trane Tecnologies European Holding Company Bv Seller: Trane Technologies Lux International Holding Company S.a.r.l. |
| Mar 2013 | Funding round | ₹10.7 Lakh | Investors: Trane Airconditioning Pte Limited, Thermo King Corporation |
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 Trane Technologies India Private Limited
Trane Technologies India Private Limited has 32 court cases on record: 14 filed by Trane Technologies India, 14 filed against it, 4 where it is another party. 12 cases are pending and 20 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 9 | 9 |
| High courts | 9 | 5 | 2 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Commercial suit | Filed against the company by Dhruv Industries Limited | Pending |
| District court, South East, Delhi | Commercial suit | Filed by the company against Heinrich Corporation India Private Limited | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by Rockforest Components India Private Limited | Pending |
| District court, East, Delhi | Commercial suit | Filed by the company against Noida Cyberpark Private Limited | Pending |
| District court, Hisar, Haryana | Civil suit | Filed against the company by Chint Purni Durga Films LLP | Pending |
Full case history
All 32 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 Trane Technologies India Private Limited
Trane Technologies India Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 496 overdue payments to 98 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 98)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Classic Clearing and Forwarding Private Limited | •••• | •••• | •••• |
| Stanship Logistics Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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 Trane Technologies India Private Limited
Trane Technologies India operates two associated brands: Trane Technologies and Trane. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| HVAC and refrigeration systems are designed, manufactured, and sold worldwide. | tranetechnologies.com | |
| Trane is recognized for providing HVAC solutions globally. | trane.com |
Employees and EPFO Compliance at Trane Technologies India Private Limited
Trane Technologies India Private Limited has a workforce of 315 employees as of Mar 29, 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.
Name History of Trane Technologies India Private Limited
Trane Technologies India has undergone 3 name changes throughout its history. The company was previously known as Ingersoll - Rand Climate Solutions Private Limited, Shree Lokanath Pharmaceuticals Private Limited, and Service First Aircon Pvt Limited. The current legal name is Trane Technologies India Private Limited.
| Company Name | Status |
|---|---|
| Trane Technologies India Private Limited | Current |
| Ingersoll - Rand Climate Solutions Private Limited | Previous |
| Shree Lokanath Pharmaceuticals Private Limited | Previous |
| Service First Aircon Pvt Limited | Previous |
CIN History of Trane Technologies India Private Limited
Trane Technologies India has one previous CIN (Corporate Identification Number): U24233MH1996PTC162322. The current CIN is U24233KA1996PTC093425, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24233KA1996PTC093425 | Current |
| U24233MH1996PTC162322 | Previous |
News related to Trane Technologies India Private Limited
Recent Activity on Trane Technologies India Private Limited
Trane Technologies India Private Limited has 14 board changes on record since 2008: 2 appointments and 12 cessations. The latest: Govind Prasad Gupta ceased to be Additional Director on 26 Sep 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Trane Technologies 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 Trane Technologies 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 Trane Technologies India Private Limited
Trane Technologies India has 14 GST registrations: 9 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS9663E2ZY | Karnataka | Active | 07 Jul 2017 |
| 06AACCS9663E1Z7 | Haryana | Active | 01 Jul 2017 |
| 07AACCS9663E1Z5 | Delhi | Active | 01 Jul 2017 |
| 19AACCS9663E1Z0 | West Bengal | 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 Trane Technologies 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 Trane Technologies India Private Limited
Trane Technologies India is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 09 October 1995 (31+ years old) and is registered under CIN U24233KA1996PTC093425.
Trane Technologies India reported revenue of ₹1,194.8 Cr for FY 2025 (up 31% YoY).
Trane Technologies India has 2 current directors:
- Kishor Balu Patil - Director
- Govind Prasad Gupta - Director
Trane Technologies India reported a net profit of ₹119.25 Cr (net margin 10%) and EBITDA of ₹182 Cr (EBITDA margin 15.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Trane Technologies India is 52% over three years and 30% over five years. In the latest year (FY 2025) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Trane Technologies India is 29AACCS9663E2ZY, registered in Karnataka. The company has 14 GST registrations in all, of which 9 are active and 5 are cancelled or inactive. Other active GSTINs include 06AACCS9663E1Z7 (Haryana), 07AACCS9663E1Z5 (Delhi), 19AACCS9663E1Z0 (West Bengal).
The CIN (Corporate Identification Number) of Trane Technologies India is U24233KA1996PTC093425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trane Technologies India has 32 court cases on record: 14 filed by the company and 14 filed against it. 12 are pending. Most are in the district courts.
Trane Technologies India was incorporated on 09 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Trane Technologies India has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹181.01 Cr; the latest was in January 2024.
The peers of Trane Technologies India by revenue are Danfoss Industries Private Limited, Prompt Enterprises Private Limited, Alfa Laval India Private Limited, Abrel Epc Limited, Flsmidth Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution).
Govind Prasad Gupta ceased to be Additional Director on 26 Sep 2024. Upasana Prasad ceased to be Additional Director on 20 Apr 2024. Govind Prasad Gupta was appointed as Director on 19 Apr 2024. Trane Technologies India has 14 board changes on record in total.