Switchplus Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U31909MH2021PTC373408 Incorporated 15 December 2021 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer electronics and durables MSME · Micro
Data last updated
Revenue · FY 2025
₹31.47 Lakh
▼ 48% YoY
Net profit · FY 2025
₹31,730
Net margin 1%
EBITDA · FY 2025
₹53,450
EBITDA margin 1.7%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About Switchplus Private Limited

Data last updated:

Switchplus Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 15 December 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31909MH2021PTC373408. Its GSTIN is 27ABHCS5028D1ZF (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Kaushal Shrinivas Basa and Parin Rajendra Gudhka.

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 Plot No 136 Bhatru Chaya 5th Floor Road No 9 Jawahar Nagar Goregaon West, Mumbai, Maharashtra, India – 400104.

As per the financials filed for FY 2025, the company reported a revenue of ₹31.47 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹31,730 (net margin 1%) and EBITDA of ₹53,450 (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years.

Switchplus Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0104510). For more details, the company can be reached via its website switchplusindia.com.

Company details

CIN U31909MH2021PTC373408
Registration Number 373408
Incorporation Date 15 December 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0104510

Recognitions & Rankings of Switchplus

MSME (Udyam registered) Ministry of MSME
Category
Micro (2021-22)
Udyam number
UDYAM-MH-19-0104510

Contact details

Switchplus Private Limited's registered office is in Mumbai, Maharashtra. Its website is switchplusindia.com. Its e-mail address is in the company report.

  • Email
  • Apps
  • Registered Address
    Plot No 136 Bhatru Chaya 5th Floor Road No 9 Jawahar Nagar Goregaon West, Mumbai, Maharashtra, India – 400104
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Switchplus Private Limited, buy the company report.

Comprehensive company report
Switchplus 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Switchplus is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Switchplus Private Limited, buy the company report.

Financials of Switchplus Private Limited

FY 2025 filings available

Switchplus Private Limited reported revenue of ₹31.47 Lakh (down 48% YoY) for FY 2025.

Revenue · FY 2025
₹31.47 Lakh ▼ 48%
Net profit · FY 2025
₹31,730 margin 1%
EBITDA · FY 2025
₹53,450 margin 1.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 30%
EBITDA CAGR growth
1 year
▼ 55%
3 years · compounded
▼ 63%

Revenue has declined at a compounded annual rate (CAGR) of 30% over three years, including a 48% fall in the latest year. EBITDA fell 55% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
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₹53,450
Profit Before Tax
Tax Expense
Net Profit (PAT)₹31,730
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin1.7%
Net Profit Margin1%
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

To see the full financial statements and ratios of Switchplus Private Limited, buy the company report.

Board of directors of Switchplus Private Limited

Switchplus has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Kaushal Shrinivas BasaDirector15 Dec 20214 Years 10 MonthsCurrent
Parin Rajendra GudhkaDirector15 Dec 20214 Years 10 MonthsCurrent

Peer comparison

Switchplus Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Diety Hydraulics India Private Limited₹31.68 Lakh (FY 2015)55.0%Hosur, Tamil Nadu, India
Gouri Engineering Private Limited₹31.6 Lakh (FY 2020)-29.0%Pune, Maharashtra, India
Arati Automation Private Limited₹31.59 Lakh (FY 2019)-33.0%Kolkata, West Bengal, India
Adams Elevator Company Pvt. Ltd.₹31.57 Lakh (FY 2016)-17.0%Kolkata, West Bengal, India
Trinity Spindle Services Private Limited₹31.48 Lakh (FY 2025)-47.0%Pune, Maharashtra, India
Switchplus Private Limitedthis company₹31.47 Lakh (FY 2025)₹31,7301%-48.0%Mumbai, Maharashtra, India
Inditron Enviro Engineering Private Limited₹31.46 Lakh (FY 2020)72.0%Indore, Madhya Pradesh, India
Adinath Innovative Technologies Private Limited₹31.45 Lakh (FY 2024)5.0%Pune, Maharashtra, India
Okulo Aerospace Private Limited₹31.43 Lakh (FY 2025)7.0%Bangalore, Karnataka, India
Aayra Automation Private Limited₹31.39 Lakh (FY 2025)Haridwar, Uttarakhand, India
P3c Technology and Solutions Private Limited₹31.39 Lakh (FY 2025)109181.0%Manesar, Haryana, India

To see the full peer comparison of Switchplus Private Limited, buy the company report.

Auditor

Switchplus Private Limited is audited by P R JAKHARIA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
P R JAKHARIA & COFY 2023037783

Shareholding

The shareholding of Switchplus Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Switchplus Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Switchplus Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Switchplus Private Limited has 1 active EPFO establishment as of Apr 06, 2024.

Active EPFO establishments
1

GST

Switchplus has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27ABHCS5028D1ZFMaharashtraActive25 Dec 2021

To see the full GST registrations and return filing status of Switchplus Private Limited, buy the company report.

Recent activity

Switchplus Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Kaushal Shrinivas Basa was appointed as Director on 15 Dec 2021.

AGM
Switchplus Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Switchplus Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Kaushal Shrinivas Basa was appointed as Director.
Appointed
Parin Rajendra Gudhka was appointed as Director.
Incorporation
15 Dec 2021
Switchplus Private Limited was registered on 15 Dec 2021 with Roc Mumbai I & aged 4 years 10 months as per MCA records.

Frequently asked questions

Switchplus is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 15 December 2021 (5+ years old) and is registered under CIN U31909MH2021PTC373408.

Switchplus has 2 current directors:

The latest financial statements of Switchplus on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Switchplus is 27ABHCS5028D1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Switchplus is U31909MH2021PTC373408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Switchplus was incorporated on 15 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Switchplus by revenue are Diety Hydraulics India Private Limited, Gouri Engineering Private Limited, Arati Automation Private Limited, Adams Elevator Company Pvt. Ltd, Trinity Spindle Services Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Kaushal Shrinivas Basa was appointed as Director on 15 Dec 2021. Parin Rajendra Gudhka was appointed as Director on 15 Dec 2021.

Yes, Switchplus is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0104510).

Switchplus can be reached through the website switchplusindia.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Switchplus is at Plot No 136 Bhatru Chaya 5th Floor Road No 9 Jawahar Nagar Goregaon West, Mumbai, Maharashtra, India – 400104.