Unlisted Shares
Otis Elevator (India) Limited
Otis Elevator (India) Limited (Unlisted)

Verified Unlisted CompanyOff-market Transfer · NSDL / CDSL
About Otis Elevator (India) Limited
Otis Elevator Company (India) Limited, established in 1952, is a wholly-owned subsidiary of Otis Worldwide Corporation. It is a pioneer in the elevator and escalator industry in India. The company is engaged in the manufacture, installation, maintenance, and modernization of elevators, escalators, and moving walkways.
Share Details
| company Name | Otis Elevator (India) Limited (Unlisted) |
| indicative Unlisted Share Price | ₹4688 |
| market Capitalization | ₹4546 Crore |
| lot Size | 10 |
| 52 Week High | ₹4250 |
| 52 Week Low | ₹3875 |
| face Value | ₹10 |
| book Value | 316.75 |
| pe Ratio | 23.8 |
| pb Ratio | 9.86 |
| debt To Equity | 0 |
| return On Equity | 41.8 |
| total Outstanding Shares | 1180822 |
| isin | INE050D01013 |
| depository | NSDL & CDSL |
| pan | AAACO0481E |
| cin | U29150MH1952PLC008918 |
| rta | Link Intime |
Income Statement (Profit & Loss) (₹ in Crore)
| Particulars | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 1,947 | 2,435 | 2,771 | 3,362.2 |
| EBITDA | 919.71 | 202 | 255 | 192 |
| PBT | 180 | 175 | 228 | 293.3 |
| Net Profit / Loss (PAT) | 116.8 | 154 | 216 | 191 |
| EPS | 123.82 | 130.4 | 177.82 | 161.73 |
Key Financial Ratios (Last 3–5 Years)
| Ratio | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Operating Profit Margin (%) | 9.71 | 8.3 | 9.2 | 8.1 |
| Net Profit Margin (%) | 7.5 | 6.32 | 7.58 | 6.04 |
| Earning Per Share (Diluted) | 123.82 | 130.4 | 177.82 | 161.73 |
Financial Annual Report Summary
Otis Elevator (India) has shown steady revenue growth with strong profitability. The company maintains a debt-free balance sheet and benefits from its leadership position in the Indian elevator and escalator market.
Why Invest in Otis Elevator (India)
- Market leader in elevators and escalators in India.
- Debt-free balance sheet.
- Consistent revenue growth and strong margins.
- Part of global Otis Worldwide Corporation.
Balance Sheet - Assets (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Fixed Assets | 73 | 80 | 75 | 75 |
| CWIP | 2.8 | 8.6 | 10 | 15.5 |
| Investments | 0 | 0 | 0 | 0 |
| Trade Receivables | 420 | 455 | 475 | 587.6 |
| Inventory | 267 | 284 | 228 | 280 |
| Other Assets | 915.27 | 931 | 1,112 | 1,691.9 |
| Total Assets | 1,657.81 | 1,758.8 | 1,898 | 2,410 |
Balance Sheet - Liabilities & Equity (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Share Capital | 11.81 | 11.81 | 11.81 | 11.81 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 225 | 207 | 257 | 449 |
| Borrowings | 0 | 0 | 0 | 0 |
| Trade Payables | 400 | 530 | 535 | 597 |
| Other Liabilities | 931 | 1,008 | 1,096.19 | 1,352.19 |
| Total Liabilities | 1,657.81 | 1,758.8 | 1,898 | 2,410 |
Liabilities Breakdown & Balance Sheet Insights
Balance Sheet Insights
Debt-free company with strong reserves.
Liabilities Breakdown
Debt to Equity ratio of 0 (Debt-free).
Additional Insights
Healthy balance sheet with no borrowings and steady growth in assets.
Cash Flow Insights
- Strong and consistent operating cash flow.
- Debt-free with regular dividend payouts.
Shareholding Pattern
Recent
Promoter: 100% (Otis Worldwide Corporation)
Institutional: N/A
Public: N/A
Promoters & Management
Wholly owned subsidiary of Otis Worldwide Corporation (USA).
Key Management
Not Available on page
Registrar & Transfer Agent (RTA)
Registrar: Link Intime
Website: https://linkintime.co.in/
Management Analysis
Focus on innovation in vertical transportation, modernization projects, and maintaining leadership in the Indian elevator and escalator market.
Frequently Asked Questions About Otis Elevator (India) Limited
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