About Elyon Switchgears Private Limited
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Elyon Switchgears Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 15 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31908KA2018PTC111223. Its GSTIN is 29AAECE9756E1Z9 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Sanu Rajan and Veriakal Cherian Rajan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at New Katha No. 238/A 232/1 Madavara Village Dasanapura Hobli, Bangalore, Karnataka, India – 562162.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.58 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹48.5 Lakh (net margin 5.7%) and EBITDA of ₹68.28 Lakh (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 56% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website elyonswitchgears.com.
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- Website
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- Registered AddressNew Katha No. 238/A 232/1 Madavara Village Dasanapura Hobli, Bangalore, Karnataka, India – 562162
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Elyon Switchgears Private Limited
The main business activity of Elyon Switchgears is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Elyon Switchgears Private Limited FY 2025 filings available
Elyon Switchgears Private Limited reported revenue of ₹8.58 Cr (up 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Elyon Switchgears Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 42% growth in the latest year. EBITDA rose 65% 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 of Elyon Switchgears Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹68.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹48.5 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Elyon Switchgears Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Elyon Switchgears are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Elyon Switchgears Private Limited
Elyon Switchgears Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arc Electricals Private Limited | ₹8.62 Cr (FY 2025) | •••• | •••• | 92.0% | •••• | New Delhi, Delhi, India |
| Star Gazer Transformers Private Limited | ₹8.61 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Hyderabad, Telangana, India |
| Elger Controls India Private Limited | ₹8.6 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Coimbatore, Tamil Nadu, India |
| Galaxy Process Automation Private Limited | ₹8.59 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Bhiwadi, Rajasthan, India |
| Anjars Harihar Engineers Private Limited | ₹8.58 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Vithal Udyognagar, Gujarat, India |
| Elyon Switchgears Private Limited this company | ₹8.58 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Bangalore, Karnataka, India |
| Transcore (India) Private Limited | ₹8.58 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Delhi, India |
| Electro Volt Equipments Pvt Ltd | ₹8.58 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Howrah, West Bengal, India |
| Saitech Electrical Private Limited | ₹8.57 Cr (FY 2025) | •••• | •••• | 137.0% | •••• | Pune, Maharashtra, India |
| Gemco Controls Limited | ₹8.57 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Optimum Power Solution Private Limited | ₹8.56 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Elyon Switchgears by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Elyon Switchgears Private Limited
Auditor information for Elyon Switchgears Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Elyon Switchgears Private Limited
Elyon Switchgears has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanu Rajan | Director | 15 Mar 2018 | 8 Years 6 Months | Current |
| Veriakal Cherian Rajan | Director | 15 Mar 2018 | 8 Years 6 Months | Current |
Ownership and Shareholding of Elyon Switchgears Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Elyon Switchgears Private Limited
Elyon Switchgears Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elyon Switchgears Private Limited
Elyon Switchgears Private Limited has a workforce of 10 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Elyon Switchgears Private Limited
Elyon Switchgears Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Sanu Rajan was appointed as Director on 15 Mar 2018.
Credit Ratings, Litigation & Regulatory Alerts for Elyon Switchgears Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Elyon Switchgears Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Elyon Switchgears Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Elyon Switchgears Private Limited
Elyon Switchgears has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE9756E1Z9 | Karnataka | Active | 02 Aug 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Elyon Switchgears Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Elyon Switchgears Private Limited
Elyon Switchgears is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 15 March 2018 (8+ years old) and is registered under CIN U31908KA2018PTC111223.
Elyon Switchgears reported revenue of ₹8.58 Cr for FY 2025 (up 42% YoY).
Elyon Switchgears has 2 current directors:
- Sanu Rajan - Director
- Veriakal Cherian Rajan - Director
Elyon Switchgears reported a net profit of ₹48.5 Lakh (net margin 5.7%) and EBITDA of ₹68.28 Lakh (EBITDA margin 8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elyon Switchgears is 35% over three years and 56% over five years. In the latest year (FY 2025) revenue rose 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elyon Switchgears is 29AAECE9756E1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Elyon Switchgears is U31908KA2018PTC111223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elyon Switchgears was incorporated on 15 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Elyon Switchgears by revenue are Arc Electricals Private Limited, Star Gazer Transformers Private Limited, Elger Controls India Private Limited, Galaxy Process Automation Private Limited, Anjars Harihar Engineers Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Sanu Rajan was appointed as Director on 15 Mar 2018. Veriakal Cherian Rajan was appointed as Director on 15 Mar 2018.
Elyon Switchgears can be reached through the website elyonswitchgears.com. Its registered office is in Bangalore, Karnataka, India.