MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0065148
A D Associates Electricals Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹25.76 Cr
▲ 14% YoY
Net profit · FY 2024
₹2.17 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹1.1 Cr
EBITDA margin 4.3%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹11.5 Cr
Satisfied ₹5.9 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
39
Provident fund records
About A D Associates Electricals Private Limited
Data last updated:
A D Associates Electricals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power epc, bop and btg services segment of the energy and power sector. It was incorporated on 16 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31100MH2005PTC157332. Its GSTIN is 27AAFCA4664G1ZN (Maharashtra). The company holds 17 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Dinesh Atmaram Bhatkar and Ajay Vasant Parsekar.
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 B/22 Raj Industrial Complexmilitary Rd Marol Maroshi Andheri (E), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.76 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹2.17 Lakh (net margin 0.1%) and EBITDA of ₹1.1 Cr (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 6% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AD Associates. As per MCA filings, the company has open charges of ₹11.5 Cr and satisfied charges of ₹5.9 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
A D Associates Electricals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0065148). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adaepl.com.
Company details
CIN U31100MH2005PTC157332
Registration Number 157332
Incorporation Date 16 November 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0065148
Key People
Dinesh Atmaram Bhatkar Director Ajay Vasant Parsekar Director Kiran Dinesh Bhatkar Director Recognitions & Rankings of A D Associates Electricals
Contact details
A D Associates Electricals Private Limited's registered office is in Mumbai, Maharashtra. Its website is adaepl.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB/22 Raj Industrial Complexmilitary Rd Marol Maroshi Andheri (E), Mumbai, Maharashtra, India – 400059
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of A D Associates Electricals Private Limited, buy the company report.
Comprehensive company report
A D Associates Electricals 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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Brands
A D Associates Electricals operates one associated brand: AD Associates. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers electrical installation, maintenance, testing, and design for various clients and sectors. | adaepl.com |
Business activity
The main business activity of A D Associates Electricals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of A D Associates Electricals Private Limited, buy the company report.
Financials of A D Associates Electricals Private Limited
FY 2025 filings availableA D Associates Electricals Private Limited reported revenue of ₹25.76 Cr (up 14% YoY) for FY 2024.
Revenue · FY 2024
₹25.76 Cr ▲ 14%
Net profit · FY 2024
₹2.17 Lakh margin 0.1%
EBITDA · FY 2024
₹1.1 Cr margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 33%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 3%
5 years · compounded
▼ 7%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 14% growth in the latest year. EBITDA fell 12% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.17 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of A D Associates Electricals Private Limited, buy the company report.
Board of directors of A D Associates Electricals Private Limited
A D Associates Electricals has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Atmaram Bhatkar | Director | 16 Nov 2005 | 20 Years 11 Months | Current |
| Ajay Vasant Parsekar Also directs: D.B. Electricals Private Limited | Director | 16 Nov 2005 | 20 Years 11 Months | Current |
| Kiran Dinesh Bhatkar | Director | 01 Apr 2006 | 20 Years 6 Months | Current |
| Apurva Ajay Parsekar | Director | 01 Apr 2012 | 14 Years 6 Months | Current |
| Girish Hirendra Sharma | Director | 22 Dec 2014 | 11 Years 10 Months | Current |
Auditor
A D Associates Electricals Private Limited is audited by G. R. SHETTY & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G. R. SHETTY & CO. | FY 2023 | 110093W |
Shareholding
The shareholding of A D Associates Electricals 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 A D Associates Electricals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.5 Cr
Satisfied charges
₹5.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2024 | 101018398 | Others | ₹1.5 Cr | Open | |
| 29 Jul 2020 | 100375145 | Others | ₹10 Cr | Open | |
| 23 Jun 2022 | 100608035 | Others | ₹7 Lakh | Satisfied | |
| 20 Feb 2009 | 10146675 | Others | ₹5.83 Cr | Satisfied |
To see the full charge records of A D Associates Electricals Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
A D Associates Electricals Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax - 9 | Disposed |
To see the full case history of A D Associates Electricals 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
No delayed payments to MSME suppliers are on our record for A D Associates Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
A D Associates Electricals Private Limited has a workforce of 39 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
39
Active EPFO establishments
1
Employee growth
5.41%
GST
A D Associates Electricals has 17 GST registrations: 5 active and 12 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
17
Active
5
Cancelled / inactive
12
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA4664G1ZN | Maharashtra | Active | 01 Jul 2017 |
| 30AAFCA4664G1Z0 | Goa | Active | 01 Jul 2017 |
| 36AAFCA4664G1ZO | Telangana | Active | 01 Jul 2017 |
| 24AAFCA4664G3ZR | Gujarat | Active | 31 Mar 2021 |
To see the full GST registrations and return filing status of A D Associates Electricals Private Limited, buy the company report.
Recent activity
A D Associates Electricals Private Limited has 7 board changes on record since 2005: 6 appointments and 1 cessation. The latest: Girish Hirendra Sharma was appointed as Director on 22 Dec 2014.
AGM
A D Associates Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 1,000.00 Lakh registered on 29 Jul 2020 with Charge ID 100375145 was modified on 02 Apr 2025.
Filing
A D Associates Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 101018398 was registered on 05 Dec 2024.
Charges
A charge registered on 23 Jun 2022 via Charge ID 100608035 with Others was fully satisfied on 22 Jul 2024.
Charges
A charge with Others amounted to Rs. 7.00 Lakh with Charge ID 100608035 was registered on 23 Jun 2022.
Charges
A charge registered on 20 Feb 2009 via Charge ID 10146675 with Others was fully satisfied on 19 Sep 2020.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 100375145 was registered on 29 Jul 2020.
Charges
A charge with Others of Rs. 583.09 Lakh registered on 20 Feb 2009 with Charge ID 10146675 was modified on 15 Jun 2018.
Appointed
Girish Hirendra Sharma was appointed as Director.
Ceased
Vasant Baburav Parsekar ceased to be Director.
Appointed
Apurva Ajay Parsekar was appointed as Director.
6 earlier events are in the company report.
Frequently asked questions
A D Associates Electricals is an active private limited company based in Mumbai, Maharashtra, India. The company works in power epc, bop and btg services, within the energy and power industry. It was incorporated on 16 November 2005 (21+ years old) and is registered under CIN U31100MH2005PTC157332.
A D Associates Electricals has 5 current directors:
- Dinesh Atmaram Bhatkar - Director
- Ajay Vasant Parsekar - Director
- Kiran Dinesh Bhatkar - Director
- Apurva Ajay Parsekar - Director
- Girish Hirendra Sharma - Director
The latest financial statements of A D Associates Electricals 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 2015 are in the company report.
The GSTIN of A D Associates Electricals is 27AAFCA4664G1ZN, registered in Maharashtra. The company has 17 GST registrations in all, of which 5 are active and 12 are cancelled or inactive. Other active GSTINs include 30AAFCA4664G1Z0 (Goa), 36AAFCA4664G1ZO (Telangana), 24AAFCA4664G3ZR (Gujarat).
The CIN (Corporate Identification Number) of A D Associates Electricals is U31100MH2005PTC157332. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A D Associates Electricals has 1 court case on record: 1 filed against it.
A D Associates Electricals was incorporated on 16 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Girish Hirendra Sharma was appointed as Director on 22 Dec 2014. Vasant Baburav Parsekar ceased to be Director on 20 Jun 2012. Apurva Ajay Parsekar was appointed as Director on 01 Apr 2012. A D Associates Electricals has 7 board changes on record in total.
Yes, A D Associates Electricals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0065148).
A D Associates Electricals can be reached through the website adaepl.com. Its registered office is in Mumbai, Maharashtra, India.