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KONE ELEVATOR INDIA PRIVATE LIMITED
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Updated: 15 Dec 2025
KONE Elevator India Private Limited is a leading provider in the elevator and escalator industry, focused on delivering innovative solutions for vertical transportation systems. The company specializes in products such as elevators, escalators, and automatic doors, serving a diverse clientele that includes residential, commercial, and infrastructural sectors, ensuring safe and efficient movement in buildings.
Kone Elevator India Private Limited, is an unlisted private company incorporated on 12 June, 1984. It is classified as a private subsidiary of a foreign company and is located in , Tamil Nadu. It's authorized share capital is INR 92.76 cr and the total paid-up capital is INR 34.90 cr.
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Industry and products
Manufacturing (Machinery & Equipments)
- maintenance services for elevators, escalators, and automatic doors of new and existing buildings
Company size
₹ 92.8 Cr
₹ 34.9 Cr
₹ 3750-4000 cr
Auth Capital
Paidup Capital
Revenue
Key Metrics
** All rupee values in INR crores. Based on March 2025 numbers.
Total Revenue
18.34%
18.34%
EBITDA
24.63%
24.63%
Net Profit
29.63%
29.63%
Networth
4.14%
4.14%
Borrowings
-
Assets
12.61%
12.61%
Gross Margin
1.14
1.14
Operating Margin
0.95
0.95
Net Profit Margin
1.05
1.05
Return on Equity
14.94
14.94
ROCE
20.29
20.29
Debt to Equity
-
Sales
Mar 2025
Net worth
Mar 2025
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Locations
India
(77)
| State | Type | Address |
|---|
Locations on Map
Locations on Map
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People
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Managing Director | Amit Gossain | 07351940 | 10 years |
| Whole-time Director | Chittatoorveeravalli Seshadri Krishnakumar | 06652406 | 13 years |
| Director | Johannes Dan Otto Frande | 09163489 | 5 years |
Financial Highlights
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Sales | 1,675.7 | 2,175.1 | 2,717.2 | 3,320.5 | 3,914.9 |
| Operating profit | 375.8 | 314.5 | 372.2 | 552.5 | 688.6 |
| Net profit | 350.8 | 302.7 | 249.0 | 371.9 | 482.1 |
| Gross margin | 70.3 | 62.2 | 59.9 | 61.8 | 63.0 |
| Operating margin | 22.4 | 14.5 | 13.7 | 16.6 | 17.6 |
| Net margin | 20.8 | 13.2 | 9.0 | 11.0 | 12.1 |
| Networth | 931.8 | 973.2 | 940.5 | 609.3 | 634.5 |
| Borrowings | - | - | - | - | - |
| Assets | 1,887.0 | 2,164.8 | 2,314.4 | 2,229.3 | 2,510.4 |
| Debt to equity | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Current ratio | 1.3 | 1.3 | 1.2 | 0.9 | 0.9 |
| ROE | 37.6 | 31.1 | 26.5 | 61.0 | 76.0 |
| Days payable | 162.0 | 159.0 | 111.0 | 112.0 | 106.0 |
| WC days | 53.0 | 51.0 | 28.0 | -23.0 | -21.0 |
Margins
Gross margin
Operating margin
Net margin
Balance Sheet
₹
%
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 34.9 | 34.9 | 34.9 | 34.9 | 34.9 |
| Reserves | 896.9 | 938.3 | 905.6 | 574.4 | 599.6 |
| Borrowings + | - | - | - | - | - |
| Long term borrowings | - | - | - | - | - |
| Short term borrowings | - | - | - | - | - |
| Trade payables + | 220.8 | 357.1 | 330.2 | 389.1 | 422.5 |
| Days payable | 162.0 | 159.0 | 111.0 | 112.0 | 106.0 |
| Other liabilities + | 955.2 | 1,191.6 | 1,373.9 | 1,620.0 | 1,875.9 |
| Other non-current liabilities | 47.5 | 57.0 | 44.9 | 85.5 | 108.2 |
| Other current liabilities | 686.9 | 777.5 | 998.8 | 1,145.4 | 1,345.2 |
| Total liabilities | 1,887.0 | 2,164.8 | 2,314.4 | 2,229.3 | 2,510.4 |
| Fixed Assets + | 511.2 | 489.6 | 504.2 | 613.1 | 665.6 |
| Tangible assets | 486.2 | 458.8 | 432.5 | 574.4 | 614.7 |
| CWIP | 23.7 | 29.5 | 70.6 | 36.1 | 46.4 |
| Intangible assets | 1.3 | 1.3 | 1.1 | 2.6 | 4.5 |
| LT loans and advances | 18.3 | 14.8 | 17.9 | 16.5 | 30.4 |
| Other non-current assets | 205.9 | 221.8 | 251.3 | 278.8 | 276.7 |
| Current assets + | 1,151.6 | 1,438.6 | 1,541.0 | 1,320.9 | 1,537.7 |
| Inventories | 113.3 | 152.7 | 205.6 | 224.4 | 208.3 |
| Trade receivables | 308.9 | 328.5 | 428.4 | 453.4 | 547.2 |
| Cash and cash equivalents | 405.2 | 355.5 | 432.3 | 490.2 | 634.4 |
| ST loans and advances | 6.7 | 10.7 | 9.9 | 15.8 | 5.2 |
| Other current assets | 317.5 | 591.2 | 464.8 | 137.1 | 142.6 |
| Total assets | 1,887.0 | 2,164.8 | 2,314.4 | 2,229.3 | 2,510.4 |
Total assets
Profit & Loss
₹
%
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Sales + | 1,675.7 | 2,175.1 | 2,717.2 | 3,320.5 | 3,914.9 |
| Sales growth % | -14.05 | 29.8 | 24.92 | 22.2 | 17.9 |
| Expenses + | 1,384.7 | 1,946.5 | 2,434.0 | 2,870.5 | 3,336.2 |
| Cost of goods | 498.3 | 821.3 | 1,088.5 | 1,268.0 | 1,450.4 |
| Employee cost | 386.6 | 461.8 | 553.6 | 661.2 | 778.9 |
| Other costs | 415.0 | 577.5 | 702.9 | 838.8 | 997.0 |
| Operating profit + | 375.8 | 314.5 | 372.2 | 552.5 | 688.6 |
| Operating margin % | 22.4 | 14.5 | 13.7 | 16.6 | 17.6 |
| Other income | 10.6 | 116.3 | 53.7 | 52.6 | 76.8 |
| Interest | 5.5 | 5.2 | 3.7 | 6.4 | 7.3 |
| Depreciation | 79.3 | 80.7 | 85.3 | 96.1 | 102.6 |
| Exceptional items | 197.9 | 52.9 | - | - | - |
| Profit before tax | 499.5 | 397.8 | 336.9 | 502.6 | 655.5 |
| Tax | 148.7 | 95.1 | 87.9 | 130.7 | 173.4 |
| Profit - disc. ops | - | - | - | - | - |
| Net profit | 350.8 | 302.7 | 249.0 | 371.9 | 482.1 |
| Net margin % | 20.8 | 13.2 | 9.0 | 11.0 | 12.1 |
Revenue from operations
Ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Solvency + | |||||
| Total Debt/Equity | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Debt/Equity | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Debt/Assets | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Assets/Equity | 2.0 | 2.2 | 2.5 | 3.7 | 4.0 |
| Liquidity + | |||||
| Current Ratio | 1.3 | 1.3 | 1.2 | 0.9 | 0.9 |
| Quick Ratio | 1.1 | 1.1 | 1.0 | 0.7 | 0.8 |
| Interest Coverage | 68.3 | 60.5 | 100.6 | 86.3 | 94.3 |
| Performance | |||||
| Gross Margin | 70.3 | 62.2 | 59.9 | 61.8 | 63.0 |
| Operating Margin | 22.4 | 14.5 | 13.7 | 16.6 | 17.6 |
| Net Margin | 20.8 | 13.2 | 9.0 | 11.0 | 12.1 |
| Return + | |||||
| Return on Equity | 37.6 | 31.1 | 26.5 | 61.0 | 76.0 |
| Pre-tax ROCE | 39.3 | 29.5 | 40.1 | 114.2 | 134.5 |
| Return on Assets | 18.6 | 14.0 | 10.8 | 16.7 | 19.2 |
| Pre-tax ROIC | 31.8 | 24.0 | 30.5 | 74.9 | 92.4 |
| Efficiency + | |||||
| Days Payable | 162.0 | 159.0 | 111.0 | 112.0 | 106.0 |
| Days Inventory | 83.0 | 68.0 | 69.0 | 65.0 | 52.0 |
| Days Receivable | 67.0 | 55.0 | 58.0 | 50.0 | 51.0 |
| Fixed Asset Turnover | 3.3 | 4.4 | 5.4 | 5.4 | 5.9 |
| Total Asset Turnover | 0.9 | 1.0 | 1.2 | 1.5 | 1.6 |
| Working Capital | |||||
| Cash Conversion Cycle | -12.0 | -36.0 | 16.0 | 3.0 | -3.0 |
| Working Capital Days | 53.0 | 51.0 | 28.0 | -23.0 | -21.0 |
Ratios
Current ratio
Debt/equity ratio
Charges on assets
Bank wise
Charges
1
FINNISH FUND FOR INDUSTRIAL DEVELOPMENT COOPERATION LIMITED
No. of Loans: 1
Total Amount : 0.4 cr
Charges
FINNISH FUND FOR INDUSTRIAL DEVELOPMENT COOPERATION LIMITED
Company Network
Companies connected through Directors
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| FINLAND CHAMBER OF COMMERCE IN INDIA |
Active
|
3,000.0 | 1 | Delhi |
Tofler Score
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Poor
Fair
Good
Very Good
Excellent
Risk
Severe Risk
- No risks identified
Moderate Risk
- No risks identified
Low Risk
- No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is
dependent on three key factors - Sustainability, Governance, and Growth.
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Registered Details
CIN
U29141TN1984FTC010913PAN
AAACK2567PIncorporation
1984, 41.8 yearsCompany Email
c[dot]v[dot]s[dot]krishnakumar[at]kone[dot]comPaid up Capital
₹ 34.9 CrAuthorised Capital
₹ 92.8 CrAGM
Sep 2025Type
Private
Others
FAQ - KONE ELEVATOR INDIA PRIVATE LIMITED
What is the incorporation date of KONE ELEVATOR INDIA PRIVATE LIMITED?
The incorporation date of KONE ELEVATOR INDIA PRIVATE LIMITED is 12 June, 1984
What is the authorized share capital of KONE ELEVATOR INDIA PRIVATE LIMITED?
The authorized share capital of KONE ELEVATOR INDIA PRIVATE LIMITED is INR ₹ 92.8 Cr.
What is the paid-up capital of KONE ELEVATOR INDIA PRIVATE LIMITED?
The paid-up capital of KONE ELEVATOR INDIA PRIVATE LIMITED is INR ₹ 34.9 Cr.
What is the registered address of KONE ELEVATOR INDIA PRIVATE LIMITED?
The registered address of KONE ELEVATOR INDIA PRIVATE LIMITED is Plot no : A28, SIPCOT Industrial Park, Pillaipakkam, Sriperumbudur Taluk, Kancheepuram, Kancheepuram, Tamil Nadu, India, 602105 - 602105
What is the CIN number of KONE ELEVATOR INDIA PRIVATE LIMITED?
The CIN number of KONE ELEVATOR INDIA PRIVATE LIMITED is U29141TN1984FTC010913.
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