About Kion India Private Limited
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Kion India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Linde Material Handling Asia Pacific Pte. Ltd. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 28 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29268PN2011PTC146031. Its GSTIN is 07AACCJ5370R2ZY (Delhi). The company holds 19 GST registrations, of which 12 are active.
The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹18.88 Cr. It was formerly known as Voltas Material Handling Private Limited and Jm Materials Handling Solutions Private Limited. It is led by directors including Sunil Kumar Gupta (Managing Director) and Nitin Babbar (Managing Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gat No. 134/1 Koregoan Bhima Tal Shirur, Pune, Maharashtra, India – 412216.
As per the financials filed for FY 2025, the company reported a revenue of ₹692.9 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹15.23 Cr (net margin 2.2%) and EBITDA of ₹41.61 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 13% over five years.
The company has about 412 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Voltas Material Handling. Court records list 26 cases involving the company, including 19 filed by the company and 7 filed against it; 10 cases are pending. The company has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹130 Cr; the latest was in April 2019. Its 6 peer companies in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 4 smaller; the largest is Ece Industries Limited with revenue of ₹902.72 Cr. The company has 13 MSME Form 1 returns on record between 2020 and 2024, listing 2,910 overdue payments to 129 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 kion-india.com.
Company details
Name history
Kion India has undergone 2 name changes throughout its history. The company was previously known as Voltas Material Handling Private Limited, and Jm Materials Handling Solutions Private Limited. The current legal name is Kion India Private Limited.
| Company Name | Status |
|---|---|
| Kion India Private Limited | Current |
| Voltas Material Handling Private Limited | Previous |
| Jm Materials Handling Solutions Private Limited | Previous |
CIN history
Kion India has one previous CIN (Corporate Identification Number): U29268MH2011PTC214118. The current CIN is U29268PN2011PTC146031, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29268PN2011PTC146031 | Current |
| U29268MH2011PTC214118 | Previous |
Contact details
Kion India Private Limited's registered office is in Pune, Maharashtra. Its website is kion-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGat No. 134/1 Koregoan Bhima Tal Shirur, Pune, Maharashtra, India – 412216
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Kion India Private Limited, buy the company report.
- 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
Brands
Kion India operates one associated brand: Voltas Material Handling. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial trucks and supply chain solutions are manufactured and distributed. | voltas-mh.com |
Business activity
The main business activities of Kion India are manufacturing and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and retail trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Kion India Private Limited, buy the company report.
Financials of Kion India Private Limited
FY 2025 filings availableKion India Private Limited reported revenue of ₹692.9 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 11% growth in the latest year. EBITDA rose 86% 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 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 | ₹692.9 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹41.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.23 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 2.2% | ||||
| 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 Kion India Private Limited, buy the company report.
Board of directors of Kion India Private Limited
Kion India has 5 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seng Chuan Tee | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Arnaldo Carlo Pala | Director | 22 Apr 2021 | 5 Years 6 Months | Current |
| Ching Pong Quek | Director | 18 Jun 2013 | 13 Years 4 Months | Current |
| Sunil Kumar Gupta | Managing Director | 20 Oct 2012 | 14 Years 0 Months | Current |
| Nitin Babbar | Managing Director | 17 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Kion India Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment), 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 |
|---|---|---|---|---|---|---|
| Ece Industries Limited | ₹902.72 Cr (FY 2025) | 23.0% | Ghaziabad, Uttar Pradesh, India | |||
| Fujitec India Private Limited | ₹835.52 Cr (FY 2025) | 22.0% | Kancheepuram, Tamil Nadu, India | |||
| Kion India Private Limitedthis company | ₹692.9 Cr (FY 2025) | ₹15.23 Cr | 2.2% | 11.0% | 412 | Pune, Maharashtra, India |
| JCB Industries Private Limited | ₹639.24 Cr (FY 2025) | 75.0% | New Delhi, Delhi, India | |||
| Manitou Equipment India Private Limited | ₹583.34 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Qlar Technology India Private Limited | ₹555.72 Cr (FY 2025) | -17.0% | Bangalore, Karnataka, India | |||
| Konecranes and Demag Private Limited | ₹544.17 Cr (FY 2025) | 6.0% | Purandar, Maharashtra, India |
To see the full peer comparison of Kion India Private Limited, buy the company report.
Auditor
Kion India Private Limited is audited by Joshi Apte & Co, Chartered Accuontants for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Joshi Apte & Co, Chartered Accuontants | FY 2024 | 104370W |
Shareholding
The shareholding of Kion India 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 Kion India Private Limited, buy the company report.
Deals & funding
Kion India Private Limited has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹130 Cr; the latest was in April 2019.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Rights issue | ₹58.61 Cr | Investors: Linde Material Handling Asia Pacific Pte Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Linde Material Handling Asia Pacific Pte Limited, Linde Material Handling GmbH Seller: Voltas Limited |
| May 2011 | Funding round | ₹130 Cr | Investors: Linde Material Handling Asia Pacific Pte Limited |
| Apr 2011 | Secondary share transfer | Undisclosed | Buyer: Voltas Limited Seller: Swiftindiainc Corporate Services Private Limited |
To see the full deal history of Kion India 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
Kion India Private Limited has 26 court cases on record: 19 filed by Kion India, 7 filed against it. 10 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 6 | 6 |
| High courts | 7 | 1 | 4 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed against the company by M/S. Volta Impex Pvt Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S Nice International Ltd Through Aditya Mathur | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Electrosteel Castings Limited | Disposed |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Arctic Refrigeration Private Limited | Disposed |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Shriniwasa Road Carriers Private Limited Through Its Board of Directors Sanjay Nagpal and 2 others | Disposed |
To see the full case history of Kion India 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.
MSME payment delays
Kion India Private Limited has 13 MSME Form 1 returns on record between 2020 and 2024, listing 2,910 overdue payments to 129 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 129)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Unity Forgings Private Limited | |||
| Magnus Steels Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Taheri Enterprises |
To see the full MSME payment records of Kion India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kion India Private Limited has a workforce of 412 employees on its EPFO records as of Oct 19, 2025, across 1 active EPFO establishment.
GST
Kion India has 19 GST registrations: 12 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCJ5370R2ZY | Delhi | Active | 01 Jul 2017 |
| 19AACCJ5370R1ZU | West Bengal | Active | 01 Jul 2017 |
| 20AACCJ5370R1ZB | Jharkhand | Active | 01 Jul 2017 |
| 24AACCJ5370R1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kion India Private Limited, buy the company report.
Recent activity
Kion India Private Limited has 19 board changes on record since 2011: 5 appointments and 14 cessations. The latest: Nitin Babbar was appointed as Managing Director on 17 Dec 2025.
10 earlier events are in the company report.
Frequently asked questions
Kion India is an active private limited company based in Pune, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 28 February 2011 (15+ years old) and is registered under CIN U29268PN2011PTC146031.
Kion India has 5 current directors:
- Sunil Kumar Gupta - Managing Director
- Nitin Babbar - Managing Director
- Seng Chuan Tee - Director
- Arnaldo Carlo Pala - Director
- Ching Pong Quek - Director
The latest financial statements of Kion India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kion India is 07AACCJ5370R2ZY, registered in Delhi. The company has 19 GST registrations in all, of which 12 are active and 7 are cancelled or inactive. Other active GSTINs include 19AACCJ5370R1ZU (West Bengal), 20AACCJ5370R1ZB (Jharkhand), 24AACCJ5370R1Z3 (Gujarat).
The CIN (Corporate Identification Number) of Kion India is U29268PN2011PTC146031. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kion India has 26 court cases on record: 19 filed by the company and 7 filed against it. 10 are pending. Most are in the district courts.
Kion India was incorporated on 28 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Kion India has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹130 Cr; the latest was in April 2019.
The peers of Kion India by revenue are Ece Industries Limited, Fujitec India Private Limited, JCB Industries Private Limited, Manitou Equipment India Private Limited, Qlar Technology India Private Limited and 1 more, all in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Nitin Babbar was appointed as Managing Director on 17 Dec 2025. Rajesh Amarnath Bagga ceased to be Company Secretary on 31 Mar 2022. Arnaldo Carlo Pala was appointed as Director on 22 Apr 2021. Kion India has 19 board changes on record in total.
Kion India has 13 MSME Form 1 returns on record between 2020 and 2024, listing 2,910 overdue payments to 129 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Kion India can be reached through the website kion-india.com. Its registered office is in Pune, Maharashtra, India.