About Switzer Process Instruments Private Limited
Data last updated:
Switzer Process Instruments Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Wika Alexander Wiegand Se & Co., Kg. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 25 March 2014.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U29255TN2014PTC095662. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹40 Cr and a paid-up capital of ₹36.98 Cr. It was led by directors including Andreas Keiger and Gaurav Bawa.
Its last annual general meeting (AGM) was held on 14 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No.128 SIDCO Estates Ambattur, Chennai, Tamil Nadu, India – 600098.
As per the financials filed for FY 2021, the company reported a revenue of ₹41.28 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹2.62 Cr (net margin 6.3%) and EBITDA of ₹6.69 Cr (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over five years.
The company had about 135 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 10 cases involving the company, including 10 filed by the company; 2 cases are pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2015. The company has 5 MSME Form 1 returns on record between 2018 and 2020, listing 908 overdue payments to 71 micro and small suppliers.
The last known website on record is switzerprocess.co.in.
Company details
Contact details
Switzer Process Instruments Private Limited's registered office is in Chennai, Tamil Nadu. Its website is switzerprocess.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.128 SIDCO Estates Ambattur, Chennai, Tamil Nadu, India – 600098
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Switzer Process Instruments Private Limited, buy the company report.
- 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
Business activity
The main business activity of Switzer Process Instruments is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Switzer Process Instruments Private Limited, buy the company report.
Financials of Switzer Process Instruments Private Limited
FY 2021 filings availableSwitzer Process Instruments Private Limited reported revenue of ₹41.28 Cr (down 12% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 38% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹41.28 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.62 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.2% | ||||
| Net Profit Margin | 6.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| 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 Switzer Process Instruments Private Limited, buy the company report.
Board of directors of Switzer Process Instruments Private Limited
Switzer Process Instruments has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Andreas Keiger | Director | 27 Aug 2021 | 5 Years 1 Months | As last reported |
| Gaurav Bawa | Director | 01 Apr 2019 | 7 Years 6 Months | As last reported |
| Sandeep Digamber Khole | Director | 25 Mar 2014 | 12 Years 7 Months | As last reported |
| Alexander Konard Wiegand | Director | 12 Sep 2014 | 12 Years 1 Months | As last reported |
Auditor
Switzer Process Instruments Private Limited is audited by SASTAKAR VAIDYA & CO. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SASTAKAR VAIDYA & CO. | FY 2021 | 118461W |
Shareholding
The shareholding of Switzer Process Instruments Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Switzer Process Instruments Private Limited, buy the company report.
Deals & funding
Switzer Process Instruments Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2015 | Secondary share transfer | Undisclosed | Buyer: WIKA Alexander Wiegand SE & Co KG, Kachel Gmbh Seller: 2 individuals |
| May 2014 | Rights issue | ₹81.34 Cr | Investors: WIKA Alexander Wiegand SE & Co KG |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Switzer Process Instruments Private Limited has 10 court cases on record: 10 filed by Switzer Process Instruments. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed by the company against M/S. Batliboi Environmental Engineering Ltd., Rep. by Its Managing Director | Pending |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed by the company against Advance Ventilation Pvt Ltd., Rep by Its Managing Director | Disposed |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed by the company against M/S. Indus Projects Ltd, Rep by Its Managing Director | Pending |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed by the company against Gammon Enginneers and Contractors Pvt Ltd., Rep by Its Managing Director | Disposed |
To see the full case history of Switzer Process Instruments Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Switzer Process Instruments Private Limited has 5 MSME Form 1 returns on record between 2018 and 2020, listing 908 overdue payments to 71 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 (5 of 71)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Merind Automotive Private Limited | |||
| Sri Venkateswara Plastics | |||
| an individual supplier | |||
| an individual supplier | |||
| Contact Engineering Madras Private Limited |
To see the full MSME payment records of Switzer Process Instruments Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Switzer Process Instruments Private Limited has a workforce of 135 employees on its EPFO records as of Apr 03, 2024, across 2 active EPFO establishments.
GST
Switzer Process Instruments has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Switzer Process Instruments Private Limited, buy the company report.
Recent activity
Switzer Process Instruments Private Limited has 10 board changes on record since 2014: 4 appointments and 6 cessations. The latest: Andreas Keiger ceased to be Additional Director on 14 Sep 2021.
1 earlier event is in the company report.
Frequently asked questions
Switzer Process Instruments has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Switzer Process Instruments was a private limited company based in Chennai, Tamil Nadu, India. The company worked in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 25 March 2014 and is registered under CIN U29255TN2014PTC095662. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Switzer Process Instruments was incorporated on 25 March 2014. It is registered with the Registrar of Companies, Chennai.
Switzer Process Instruments had 4 directors:
- Andreas Keiger - Director
- Gaurav Bawa - Director
- Sandeep Digamber Khole - Director
- Alexander Konard Wiegand - Director
The CIN (Corporate Identification Number) of Switzer Process Instruments is U29255TN2014PTC095662. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Switzer Process Instruments is at No.128 SIDCO Estates Ambattur, Chennai, Tamil Nadu, India – 600098.
Switzer Process Instruments can be reached through the website switzerprocess.co.in. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Switzer Process Instruments on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 14 September 2021. Year-wise statements from 2015 are in the company report.
No. Switzer Process Instruments has 2 GST registrations on record and all of them are cancelled or inactive.
Switzer Process Instruments operated in the information technology industry, in the electronic components and equipment manufacturing segment.
Switzer Process Instruments has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2015.