- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0010631
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About Apoorv Electricals (India) Private Limited
Data last updated:
Apoorv Electricals (India) Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 01 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U31100MP2008PTC020535. Its GSTIN is 23AADCC3266C1Z7 (Madhya Pradesh).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹51 Lakh. It is led by directors including Satish Goyal (Managing Director) and Kamlesh Goyal.
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 Shed No. 11 & 16 Sector D/2 Sanwer Road Industrial Estate, Indore, Madhya Pradesh, India – 452015.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.58 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.37 Cr (net margin 7%) and EBITDA of ₹2.67 Cr (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years and 18% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Apoorv Electricals. As per MCA filings, the company has open charges of ₹16.91 Cr and satisfied charges of ₹27.33 Cr on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹10 Lakh; the latest was in December 2021. Its 3 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 1 smaller; the largest is Shree Ganesh Control Panels Private Limited with revenue of ₹19.89 Cr.
Apoorv Electricals (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0010631). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apoorvelectricals.com.
Company details
Recognitions & Rankings of Apoorv Electricals (India)
Contact details
Apoorv Electricals (India) Private Limited's registered office is in Indore, Madhya Pradesh. Its website is apoorvelectricals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShed No. 11 & 16 Sector D/2 Sanwer Road Industrial Estate, Indore, Madhya Pradesh, India – 452015
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Apoorv Electricals (India) 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
Brands
Apoorv Electricals (India) operates one associated brand: Apoorv Electricals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of instrument transformers up to 132KV for the power industry in India. | apoorvelectricals.com |
Business activity
The main business activity of Apoorv Electricals (India) 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 Apoorv Electricals (India) Private Limited, buy the company report.
Financials of Apoorv Electricals (India) Private Limited
FY 2025 filings availableApoorv Electricals (India) Private Limited reported revenue of ₹19.58 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 20% 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 | ₹2.67 Cr | ||||
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| Net Profit (PAT) | ₹1.37 Cr | ||||
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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 | 13.7% | ||||
| Net Profit Margin | 7% | ||||
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To see the full financial statements and ratios of Apoorv Electricals (India) Private Limited, buy the company report.
Board of directors of Apoorv Electricals (India) Private Limited
Apoorv Electricals (India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Goyal Also directs: Loktak Energy Equipments LLP | Director | 01 Apr 2008 | 18 Years 7 Months | Current |
| Satish Goyal Also directs: Loktak Energy Equipments LLP, Tirumala Devcon Private Limited | Managing Director | 01 Apr 2008 | 18 Years 7 Months | Current |
| Apoorv Goyal | Director | 01 Apr 2023 | 3 Years 7 Months | Current |
Peer comparison
Apoorv Electricals (India) Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Ganesh Control Panels Private Limited | ₹19.89 Cr (FY 2024) | 7.0% | Aurangabad, Maharashtra, India | |||
| Nuteck Power Equipments Private Limited | ₹19.78 Cr (FY 2024) | -2.0% | Pune, Maharashtra, India | |||
| Apoorv Electricals (India) Private Limitedthis company | ₹19.58 Cr (FY 2024) | ₹1.37 Cr | 7% | -8.0% | 20 | Indore, Madhya Pradesh, India |
| Hadron Power Transmission Private Limited | ₹19.54 Cr (FY 2025) | 189.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Apoorv Electricals (India) Private Limited, buy the company report.
Auditor
Apoorv Electricals (India) Private Limited is audited by J R D & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J R D & Associates | FY 2023 | 007062C |
Shareholding
The shareholding of Apoorv Electricals (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Apoorv Electricals (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2024 | 100887036 | Others | ₹16.91 Cr | Open | |
| 15 Sep 2016 | 100051057 | Others | ₹11.37 Cr | Satisfied | |
| 17 Jun 2016 | 100049896 | Others | ₹10.47 Cr | Satisfied | |
| 29 Dec 2008 | 10142041 | Bank of Baroda | ₹5.5 Cr | Satisfied |
To see the full charge records of Apoorv Electricals (India) Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Apoorv Electricals (India) Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹10 Lakh; the latest was in December 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2009 | Funding round | ₹10 Lakh | Investors: Satish Goyal Huf, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Apoorv Electricals (India) 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
No delayed payments to MSME suppliers are on our record for Apoorv Electricals (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Apoorv Electricals (India) Private Limited has a workforce of 20 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Apoorv Electricals (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCC3266C1Z7 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Apoorv Electricals (India) Private Limited, buy the company report.
Recent activity
Apoorv Electricals (India) Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Apoorv Goyal was appointed as Director on 01 Apr 2023.
7 earlier events are in the company report.
Frequently asked questions
Apoorv Electricals (India) is an active private limited company based in Indore, Madhya Pradesh, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 01 April 2008 (18+ years old) and is registered under CIN U31100MP2008PTC020535.
Apoorv Electricals (India) has 3 current directors:
- Satish Goyal - Managing Director
- Kamlesh Goyal - Director
- Apoorv Goyal - Director
The latest financial statements of Apoorv Electricals (India) 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 Apoorv Electricals (India) is 23AADCC3266C1Z7, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Apoorv Electricals (India) is U31100MP2008PTC020535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apoorv Electricals (India) was incorporated on 01 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Gwalior.
Apoorv Electricals (India) has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹10 Lakh; the latest was in December 2021.
The peers of Apoorv Electricals (India) by revenue are Shree Ganesh Control Panels Private Limited, Nuteck Power Equipments Private Limited, Hadron Power Transmission Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Apoorv Goyal was appointed as Director on 01 Apr 2023. Apoorv Goyal ceased to be Director on 28 Mar 2022. Satish Goyal ceased to be Director on 10 Apr 2008. Apoorv Electricals (India) has 5 board changes on record in total.
Yes, Apoorv Electricals (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0010631).
Apoorv Electricals (India) can be reached through the website apoorvelectricals.com. Its registered office is in Indore, Madhya Pradesh, India.

