Sandvik Coromant India Profile
Key Indicators
- Authorised Capital ₹ 198.73 Cr
- Paid Up Capital ₹ 23.97 Cr
- Company Age 64 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 329.60 Cr
- Revenue Growth 18.71%
- Profit Growth -37.08%
- Ebitda 10.95%
- Net Worth -2.90%
- Total Assets -19.85%
About Sandvik Coromant India
Sandvik Coromant India Private Limited (SCIPL) was founded in India on 08 July 1960 and has a glorious history of 64 years and six months. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Sandvik Asia Ltd. The Company is engaged in the Machinery And Equipment 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 198.73 Cr and a paid-up capital of Rs 23.97 Cr.
The company has closed loans amounting to ₹329.60 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sandvik Coromant India Private Limited India is Kirankumar Acharya as CFO. Kirankumar Acharya, Surendrakumar Ponnanparambil, Rudiger Mannherz, and Two other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29299PN1960PTC011751
- Company No.
011751
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Jul 1960
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
What products or services does Sandvik Coromant India Private Limited offer?
Sandvik Coromant India Private Limited offers a wide range of products and services, including Drilling & Boring Equipment, Mining Machinery, Heater, Thermostat & Heating Devices, Heating Elements, Drills, Grinders, Saws & Power Tools, Electric Drill, Material Handling Machines & Systems, Ingredient Feeder, Commercial Vehicles & Three Wheelers, Medium & Heavy Commercial Vehicles.
Who are the key members and board of directors at Sandvik Coromant India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kirankumar Acharya  | Managing Director | 26-Aug-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surendrakumar Ponnanparambil  | Director | 31-Oct-2017 | Current |
Rudiger Mannherz  | Director | 29-Mar-2023 | Current |
| Sunil Joshi | Director | 22-Dec-2021 | Current |
| Dieter Heimerdinger | Director | 20-Jul-2020 | Current |
Financial Performance of Sandvik Coromant India.
Sandvik Coromant India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.71% increase. The company also saw a substantial fall in profitability, with a 37.08% decrease in profit. The company's net worth dipped by a decrease of 2.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Sandvik Coromant India?
In 2022, Sandvik Coromant India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vaal Triangle Systems Private LimitedKirankumar Acharya is a mutual person
Swedish Chamber Of Commerce IndiaKirankumar Acharya is a mutual person
Sigmatek Systems India Private LimitedKirankumar Acharya is a mutual person
Charges (Loans)
₹0
₹329.60 Cr
Charges Breakdown by Lending Institutions
- Citibank N.A : 200.00 Cr
- Citi Bank : 74.00 Cr
- Corporation Bank : 25.60 Cr
- The Hong Kong And Shanghai Banking Corpn. Ltd. : 20.00 Cr
- Canara Bank : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jul 2008 | Citibank N.A | ₹100.00 Cr | Satisfied |
| 09 Jul 2008 | Citibank N.A | ₹100.00 Cr | Satisfied |
| 30 Mar 2002 | The Hong Kong And Shanghai Banking Corpn. Ltd. | ₹20.00 Cr | Satisfied |
| 22 Mar 2002 | Citi Bank | ₹74.00 Cr | Satisfied |
| 26 Mar 1999 | Corporation Bank | ₹12.00 Cr | Satisfied |
How Many Employees Work at Sandvik Coromant India?
Sandvik Coromant India has a workforce of 754 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sandvik Coromant 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 Sandvik Coromant India's trajectory.
Rating
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
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