About Xlo India Private Limited
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Xlo India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 10 March 1958 and has been in existence for over 68 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63000MH1958PTC011042. Its GSTIN is 27AAACX0050A2Z0 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹98.24 Lakh. It is led by directors including Arati Sanjaya Saran and Devaki Sanjaya Saran.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Dhanwatay Bldg Wing 3 Rdfloor Plot No 80 Dr A B Rd Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.19 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.02 Cr (net margin 4.4%) and EBITDA of ₹7.4 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 8% over five years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: XLO India. As per MCA filings, the company has open charges of ₹9.52 Cr and satisfied charges of ₹25.43 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website xloindia.com.
Company details
CIN history
Xlo India has one previous CIN (Corporate Identification Number): U63000MH1958PLC011042. The current CIN is U63000MH1958PTC011042, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63000MH1958PTC011042 | Current |
| U63000MH1958PLC011042 | Previous |
Contact details
Xlo India Private Limited's registered office is in Mumbai, Maharashtra. Its website is xloindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDhanwatay Bldg Wing 3 Rdfloor Plot No 80 Dr A B Rd Worli, Mumbai, Maharashtra, India – 400018
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Xlo 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
Xlo India operates one associated brand: XLO India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies steering systems to OEMs. | xloindia.com |
Business activity
The main business activity of Xlo India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Xlo India Private Limited, buy the company report.
Financials of Xlo India Private Limited
FY 2024 filings availableXlo India Private Limited reported revenue of ₹68.19 Cr (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 7% growth in the latest year. EBITDA rose 654% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.4 Cr | ||||
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| Net Profit (PAT) | ₹3.02 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | 4.4% | ||||
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To see the full financial statements and ratios of Xlo India Private Limited, buy the company report.
Board of directors of Xlo India Private Limited
Xlo India has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arati Sanjaya Saran Also directs: Hindustan Hardy Limited, Bombay Footwear Private Limited, Business Combine Private Limited and 3 more | Director | 31 Dec 2015 | 10 Years 10 Months | Current |
| Devaki Sanjaya Saran Also directs: Hindustan Hardy Limited, Bombay Footwear Private Limited, Business Combine Private Limited and 2 more | Director | 05 Mar 2013 | 13 Years 8 Months | Current |
| Mallika Sanjaya Saran Also directs: Hindustan Hardy Limited, Business Combine Private Limited | Additional Director | 01 Apr 2025 | 1 Years 7 Months | Current |
Auditor
Xlo India Private Limited is audited by J. L. BHATT & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. L. BHATT & CO | FY 2022 | 101332W |
Shareholding
The shareholding of Xlo India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Xlo India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2024 | 100943008 | Others | ₹9.18 Cr | Open | |
| 26 Apr 2006 | 10007407 | Centurion Bank of Punjab Limited | ₹1.87 Lakh | Open | |
| 09 Mar 1998 | 80038955 | Dena Bank | ₹31.5 Lakh | Open | |
| 28 Jul 2011 | 10302108 | Apna Sahakari Bank Ltd. | ₹1.5 Cr | Satisfied | |
| 23 Jun 2011 | 10297422 | Apna Sahakari Bank Ltd. | ₹1.5 Cr | Satisfied |
To see the full charge records of Xlo India Private Limited, buy the company report.
Total charge records: 31 View all charges
Legal cases
Xlo India Private Limited has 7 court cases on record: 4 filed by Xlo India, 3 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| District courts | 2 | 1 | 1 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2901-Labour and Industrial Laws : Appointment, retrenchment, termination, dismissal, removal, disciplinary proceedings against labour/workmen) | Filed by the company against individuals | Pending |
| Supreme Court | Court case (2902-Labour and Industrial Laws : Payment of wages, bonus, provident fund, gratuity, service benefits, benefits under ESIC Act, 1948, compensation under Workmen's Compensation Act, 1923 (now Employees Compensation Act, 1923)and payment of overtime wages and minimum wage.) | Filed against the company by an individual | Disposed |
| Bombay High Court | Appeal | Filed against the company by Bhagirath Farm Pvt. Ltd. THR. Authorised Person Abhishek Narendra Thakkar | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Bhagirath Farm Pvt Ltd and 1 other | Disposed |
| District court, Nashik, Maharashtra | Court case (M.C.A.) | Filed against the company by Bhagirath Farm Pvt Ltd Through Authorized Person Shri Abhishek Narendra Thakkar | Disposed |
To see the full case history of Xlo 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
No delayed payments to MSME suppliers are on our record for Xlo India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Xlo India has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Hindustan Hardy Limited | L29300MH1982PLC028498 |
To see the full group structure of Xlo India Private Limited, buy the company report.
Employees & EPFO
Xlo India Private Limited has a workforce of 2 employees on its EPFO records as of Mar 29, 2024, across 2 active EPFO establishments.
GST
Xlo India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACX0050A2Z0 | Maharashtra | Active | 03 Nov 2017 |
To see the full GST registrations and return filing status of Xlo India Private Limited, buy the company report.
Recent activity
Xlo India Private Limited has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Mallika Sanjaya Saran was appointed as Additional Director on 01 Apr 2025.
64 earlier events are in the company report.
Frequently asked questions
Xlo India is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 10 March 1958 (68+ years old) and is registered under CIN U63000MH1958PTC011042.
Xlo India has 3 current directors:
- Arati Sanjaya Saran - Director
- Devaki Sanjaya Saran - Director
- Mallika Sanjaya Saran - Additional Director
The latest financial statements of Xlo India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Xlo India is 27AAACX0050A2Z0, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Xlo India is U63000MH1958PTC011042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xlo India has 7 court cases on record: 4 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Xlo India was incorporated on 10 March 1958, making it 68+ years old. It is registered with the Registrar of Companies, Mumbai.
Mallika Sanjaya Saran was appointed as Additional Director on 01 Apr 2025. Sanjaya Chandrabhushan Saran ceased to be Managing Director on 31 Dec 2019. Arati Sanjaya Saran ceased to be Additional Director on 16 Sep 2016. Xlo India has 12 board changes on record in total.
Xlo India can be reached through the website xloindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Xlo India is at Dhanwatay Bldg Wing 3 Rdfloor Plot No 80 Dr A B Rd Worli, Mumbai, Maharashtra, India – 400018.
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