MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0054886
Canara Switchgears Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.94 Cr
▲ 1% YoY
Net profit · FY 2025
₹2.79 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹7.9 Lakh
EBITDA margin 2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Canara Switchgears Private Limited
Data last updated:
Canara Switchgears Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 19 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31401MH2008PTC186928. Its GSTIN is 27AADCC4772D1ZS (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shreyas Kariya Shetty and Mohini Kariya Shetty.
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 Plot No.26 Cama Indl. Est. Opp. Remi Industries Walbhat Road Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.94 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.79 Lakh (net margin 0.7%) and EBITDA of ₹7.9 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 29% over five years.
Canara Switchgears Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0054886). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website canaraswitchgears.com.
Company details
CIN U31401MH2008PTC186928
Registration Number 186928
Incorporation Date 19 September 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0054886
Key People
Shreyas Kariya Shetty Director Mohini Kariya Shetty Director Kariya Koraga Shetty Director Recognitions & Rankings of Canara Switchgears
Contact details
Canara Switchgears Private Limited's registered office is in Mumbai, Maharashtra. Its website is canaraswitchgears.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.26 Cama Indl. Est. Opp. Remi Industries Walbhat Road Goregaon (East), Mumbai, Maharashtra, India – 400063
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Canara Switchgears Private Limited, buy the company report.
Comprehensive company report
Canara Switchgears Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Canara Switchgears is manufacturing. In detail, this covers manufacture of computer, electronic and optical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 26 | Manufacture of computer, electronic and optical products |
To see the full business activity and turnover split of Canara Switchgears Private Limited, buy the company report.
Financials of Canara Switchgears Private Limited
FY 2024 filings availableCanara Switchgears Private Limited reported revenue of ₹3.94 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹3.94 Cr ▲ 1%
Net profit · FY 2025
₹2.79 Lakh margin 0.7%
EBITDA · FY 2025
₹7.9 Lakh margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 48%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 428%
3 years · compounded
▲ 130%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 1% growth in the latest year. EBITDA rose 428% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹7.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.79 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Canara Switchgears Private Limited, buy the company report.
Board of directors of Canara Switchgears Private Limited
Canara Switchgears has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreyas Kariya Shetty Also directs: Wyrre Efuels Private Limited | Director | 06 Jul 2022 | 4 Years 3 Months | Current |
| Mohini Kariya Shetty | Director | 19 Sep 2008 | 18 Years 1 Months | Current |
| Kariya Koraga Shetty | Director | 19 Sep 2008 | 18 Years 1 Months | Current |
Auditor
Canara Switchgears Private Limited is audited by GANESH SHETTY & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESH SHETTY & CO. | FY 2022 | 103061W |
Shareholding
The shareholding of Canara Switchgears Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Canara Switchgears Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Canara Switchgears Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Canara Switchgears Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 4 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Electro Care (India) Private Limited | |||
| Vashi Integrated Solutions Limited | |||
| an individual supplier |
To see the full MSME payment records of Canara Switchgears Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Canara Switchgears has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC4772D1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Canara Switchgears Private Limited, buy the company report.
Recent activity
Canara Switchgears Private Limited has 3 board changes on record since 2008: 3 appointments. The latest: Shreyas Kariya Shetty was appointed as Director on 06 Jul 2022.
AGM
Canara Switchgears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Canara Switchgears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Shreyas Kariya Shetty was appointed as Director.
Appointed
Kariya Koraga Shetty was appointed as Director.
Appointed
Mohini Kariya Shetty was appointed as Director.
Incorporation
19 Sep 2008
Canara Switchgears Private Limited was registered on 19 Sep 2008 with Roc Mumbai & aged 18 years 1 month as per MCA records.
Frequently asked questions
Canara Switchgears is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 19 September 2008 (18+ years old) and is registered under CIN U31401MH2008PTC186928.
Canara Switchgears has 3 current directors:
- Shreyas Kariya Shetty - Director
- Mohini Kariya Shetty - Director
- Kariya Koraga Shetty - Director
The latest financial statements of Canara Switchgears 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 Canara Switchgears is 27AADCC4772D1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Canara Switchgears is U31401MH2008PTC186928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Canara Switchgears was incorporated on 19 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Shreyas Kariya Shetty was appointed as Director on 06 Jul 2022. Kariya Koraga Shetty was appointed as Director on 19 Sep 2008. Mohini Kariya Shetty was appointed as Director on 19 Sep 2008.
Yes, Canara Switchgears is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0054886).
Canara Switchgears has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 31 May 2019.
Canara Switchgears can be reached through the website canaraswitchgears.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Canara Switchgears is at Plot No.26 Cama Indl. Est. Opp. Remi Industries Walbhat Road Goregaon East, Mumbai, Maharashtra, India – 400063.
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