Garrett Motion Technologies (India) Private Limited

Manufactures and sells turbochargers and provides application engineering and support services.

2004 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

Garrett Motion Technologies (India) Profile

Key Indicators

  • Authorised Capital ₹ 324.00 Cr
  • Paid Up Capital ₹ 283.29 Cr
  • Company Age 20 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 11.04%
  • Profit Growth 29.75%
  • Ebitda 27.26%
  • Net Worth -16.09%
  • Total Assets 1.63%

About Garrett Motion Technologies (India)

Garrett Motion Technologies (India) Private Limited (GMTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 November 2004 and has a history of 20 years and three months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Honeywell Turbo Technologies (India) Private Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 324.00 Cr and a paid-up capital of Rs 283.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Garrett Motion Technologies (India) Private Limited India is Kalpana Regunta as COMPANY SECRETARY. Jegapriyan Govindarajan, Sameer Phadke, Chaitanya Pendse, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    garrettmotion.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29299PN2004PTC019904

  • Company No.

    019904

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 2004

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

Who are the key members and board of directors at Garrett Motion Technologies (India)?

Executive Team (2)

NameDesignationAppointment DateStatus
Jegapriyan Govindarajan Country flag representing In Managing Director18-Aug-2021Current
Kalpana Regunta Country flag representing In Company Secretary28-Mar-2018Current

Board Members (3)

NameDesignationAppointment DateStatus
Sean Reagan Country flag representing Us Additional Director 13-Feb-2024Current
Sameer Phadke Country flag representing In Director 28-Mar-2017Current
Chaitanya Pendse Country flag representing In Additional Director 27-Mar-2024Current

Financial Performance of Garrett Motion Technologies (India).

Garrett Motion Technologies (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.04% increase. The company also saw a substantial improvement in profitability, with a 29.75% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.09%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
11.04%
Revenue from Operations
10.75%
Total Assets
1.63%
Profit or Loss
29.75%
Net Worth
-16.09%
EBITDA
27.26%

What is the Ownership and Shareholding Structure of Garrett Motion Technologies (India)?

In 2023, Garrett Motion Technologies (India) had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Garrett Motion Technologies (India)?

Garrett Motion Technologies (India) has a workforce of 384 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garrett Motion Technologies (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Garrett Motion Technologies (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Garrett Motion Technologies (India)

Recent activity within the organization

  • Annual General Meeting

    Garrett Motion Technologies (India) Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Garrett Motion Technologies (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Director Appointment

    Chaitanya Raghunandan Pendse was appointed as a Additional Director was appointed as a Additional Director on 27 Mar 2024 & has been associated with this company since 10 months 27 days .

    27 Mar 2024

  • Director Appointment

    Sean Edward Reagan was appointed as a Additional Director was appointed as a Additional Director on 13 Feb 2024 & has been associated with this company since 1 year 9 days .

    13 Feb 2024

  • Director Appointment

    Jegapriyan Govindarajan was appointed as a Managing Director was appointed as a Managing Director on 18 Aug 2021 & has been associated with this company since 3 years 6 months .

    18 Aug 2021

  • Director Appointment

    Kalpana Regunta was appointed as a Company Secretary was appointed as a Company Secretary on 28 Mar 2018 & has been associated with this company since 6 years 10 months .

    28 Mar 2018

Frequently asked questions

  • Garrett Motion Technologies (India) Private Limited was incorporated on 03 Nov 2004.

  • The authorized share capital of Garrett Motion Technologies (India) Private Limited is ₹ 324.00 Cr and paid-up capital is ₹ 283.29 Cr.

  • Currently 5 directors are associated with Garrett Motion Technologies (India) Private Limited.

    • Jegapriyan Govindarajan
    • Sameer Bhalchandra Phadke
    • Chaitanya Raghunandan Pendse
    • Sean Edward Reagan
    • Kalpana Regunta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garrett Motion Technologies (India) Private Limited is Plot No 4A Raisoni Industrial Estate Near Hinjewadi Phase Ii Village Mann Taluka M Ulshi India, Pune, Maharashtra, 411057.

  • The corporate identification number (CIN) of Garrett Motion Technologies (India) Private Limited is U29299PN2004PTC019904 and the company number is 019904 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Garrett Motion Technologies (India) Private Limited is https://www.garrettmotion.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Garrett Motion Technologies (India) Private Limited has risen by 11.04%.

  • As Per 2023 financial reports, 384 employees are currently employed by Garrett Motion Technologies (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Garrett Motion Technologies (India) Private Limited has experienced an downturn of -16.09%.

  • The most recent Balance Sheet for Garrett Motion Technologies (India) Private Limited was filed with the ROC on 31 Mar 2024.

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