About Argo Transformers Company Private Limited
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Argo Transformers Company Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 02 April 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31102MH1973PTC016451. Its GSTIN is 27AAACA8867G1ZF (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 ₹25 Lakh. It is led by directors Vinayan Govind and Ramesh Govind.
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 187 Dr D Bhadkamkar Road Opp Minerva Cinema, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.27 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net profit of ₹42.46 Lakh (net margin 86.2%) and EBITDA of ₹42.89 Lakh (EBITDA margin 87.1%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 6% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹60 Lakh on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website argotransformers.co.in.
Company details
Contact details
Argo Transformers Company Private Limited's registered office is in Mumbai, Maharashtra. Its website is argotransformers.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address187 Dr D Bhadkamkar Road Opp Minerva Cinema, Mumbai, Maharashtra, India – 400007
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Argo Transformers Company 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
Financials of Argo Transformers Company Private Limited
FY 2025 filings availableArgo Transformers Company Private Limited reported revenue of ₹49.27 Lakh (down 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 95% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 94% 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 | ₹42.89 Lakh | ||||
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| Net Profit (PAT) | ₹42.46 Lakh | ||||
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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 | 87.1% | ||||
| Net Profit Margin | 86.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Argo Transformers Company Private Limited, buy the company report.
Board of directors of Argo Transformers Company Private Limited
Argo Transformers Company has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinayan Govind Also directs: Fargon Transformers Pvt Ltd | Additional Director | 11 Jan 2011 | 15 Years 9 Months | Current |
| Ramesh Govind | Additional Director | 11 Jan 2011 | 15 Years 9 Months | Current |
Peer comparison
Argo Transformers Company Private Limited is compared with the 10 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swetha Industries Private Limited | ₹50 Lakh (FY 2025) | 97.0% | Hyderabad, Telangana, India | |||
| Fuji Shyam Lift-Tech Private Limited | ₹49.94 Lakh (FY 2019) | 105.0% | New Delhi, Delhi, India | |||
| Vigood Solartek Private Limited | ₹49.72 Lakh (FY 2024) | Modinagar, Uttar Pradesh, India | ||||
| Sahara Transformers Private Limited | ₹49.38 Lakh (FY 2025) | 4.0% | Bangalore, Karnataka, India | |||
| JBS Power Systems Private Limited | ₹49.31 Lakh (FY 2024) | Hyderabad, Telangana, India | ||||
| Argo Transformers Company Private Limitedthis company | ₹49.27 Lakh (FY 2024) | ₹42.46 Lakh | 86.2% | -95.0% | 2 | Mumbai, Maharashtra, India |
| Amogh Electronics Private Limited | ₹49.23 Lakh (FY 2017) | 1.0% | Mumbai, Maharashtra, India | |||
| Kratos Busways Private Limited | ₹49.11 Lakh (FY 2025) | -25.0% | Bangalore, Karnataka, India | |||
| Aironetical Industries India Private Limited | ₹48.52 Lakh (FY 2025) | Patna, Bihar, India | ||||
| Pantech Prolabs India Private Limited | ₹47.99 Lakh (FY 2019) | -35.0% | Chennai, Tamil Nadu, India | |||
| IV Power Systems Private Limited | ₹47.84 Lakh (FY 2018) | -75.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Argo Transformers Company Private Limited, buy the company report.
Auditor
Argo Transformers Company Private Limited is audited by VIRAL SHAH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIRAL SHAH & CO | FY 2018 | 111552W |
Shareholding
The shareholding of Argo Transformers Company Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Argo Transformers Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 1998 | 80031775 | Syndicate Bank | ₹60 Lakh | Satisfied |
To see the full charge records of Argo Transformers Company Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Argo Transformers Company Private Limited has 8 court cases on record: 6 filed by Argo Transformers Company, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by SDN Ferrites Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against Pravin Electricals Pvt. Ltd. | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IT) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Argo Transformers Company 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 Argo Transformers Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Argo Transformers Company Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Argo Transformers Company has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA8867G1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Argo Transformers Company Private Limited, buy the company report.
Recent activity
Argo Transformers Company Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Jairaj Govind ceased to be Director on 25 Jan 2012.
Frequently asked questions
Argo Transformers Company is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 02 April 1973 (53+ years old) and is registered under CIN U31102MH1973PTC016451.
Argo Transformers Company has 2 current directors:
- Vinayan Govind - Additional Director
- Ramesh Govind - Additional Director
The latest financial statements of Argo Transformers Company 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 Argo Transformers Company is 27AAACA8867G1ZF, 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 Argo Transformers Company is U31102MH1973PTC016451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Argo Transformers Company has 8 court cases on record: 6 filed by the company and 2 filed against it.
Argo Transformers Company was incorporated on 02 April 1973, making it 53+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Argo Transformers Company by revenue are Swetha Industries Private Limited, Fuji Shyam Lift-Tech Private Limited, Vigood Solartek Private Limited, Sahara Transformers Private Limited, JBS Power Systems Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Jairaj Govind ceased to be Director on 25 Jan 2012. Janaki Belangil ceased to be Director on 25 Jan 2012. Rajitha Harshappan ceased to be Director on 25 Jan 2012. Argo Transformers Company has 5 board changes on record in total.
Argo Transformers Company can be reached through the website argotransformers.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Argo Transformers Company is at 187 Dr D Bhadkamkar Road Opp Minerva Cinema, Mumbai, Maharashtra, India – 400007.
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