MSME (Udyam registered) Ministry of MSME
- Category
- Small (2020-21)
- Udyam number
- UDYAM-UP-28-0009613
Associated Switchgears and Projects Limited. - energy and power in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.64 Cr
▼ 22% YoY
Net profit · FY 2025
₹7.86 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹60.05 Lakh
EBITDA margin 7%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹59.31 Lakh
Satisfied ₹14.97 Cr
Company age
52 yrs
Est. 1974
Employees · EPFO
4
Provident fund records
About Associated Switchgears and Projects Limited.
Data last updated:
Associated Switchgears and Projects Limited. is a public limited company based in New Delhi, Delhi, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 September 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U34300DL1974PLC007468. Its GSTIN is 09AAACA2771K1ZL (Uttar Pradesh).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Associated Switchgears and Projects Private Limited. It is led by directors including Vikas Jain and Gaurav Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at K – 107 Hauz Khas Enclave, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.64 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹7.86 Lakh (net margin 0.9%) and EBITDA of ₹60.05 Lakh (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Associated Switchgears. As per MCA filings, the company has open charges of ₹59.31 Lakh and satisfied charges of ₹14.97 Cr on record. Court records list 34 cases involving the company, including 12 filed by the company and 22 filed against it; 6 cases are pending.
Associated Switchgears and Projects Limited. is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0009613). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website associatedswitchgears.com.
Company details
CIN U34300DL1974PLC007468
Registration Number 007468
Incorporation Date 27 September 1974
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-28-0009613
Recognitions & Rankings of Associated Switchgears and Projects Limited
Contact details
Associated Switchgears and Projects Limited.'s registered office is in New Delhi, Delhi. Its website is associatedswitchgears.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressK – 107 Hauz Khas Enclave, New Delhi, Delhi, India – 110016
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Associated Switchgears and Projects Limited., buy the company report.
Comprehensive company report
Associated Switchgears and Projects 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
Brands
Associated Switchgears and Projects Limited operates one associated brand: Associated Switchgears. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality electrical switchgear and transformers. | associatedswitchgears.com |
Business activity
The main business activity of Associated Switchgears and Projects Limited 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 Associated Switchgears and Projects Limited., buy the company report.
Financials of Associated Switchgears and Projects Limited.
FY 2024 filings availableAssociated Switchgears and Projects Limited. reported revenue of ₹8.64 Cr (down 22% YoY) for FY 2025.
Revenue · FY 2025
₹8.64 Cr ▼ 22%
Net profit · FY 2025
₹7.86 Lakh margin 0.9%
EBITDA · FY 2025
₹60.05 Lakh margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 42%
5 years · compounded
▲ 27%
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 26% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹60.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.86 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Associated Switchgears and Projects Limited., buy the company report.
Board of directors of Associated Switchgears and Projects Limited.
Associated Switchgears and Projects Limited has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Jain | Director | 02 Jan 2008 | 18 Years 9 Months | Current |
| Gaurav Jain | Director | 26 Jul 2010 | 16 Years 2 Months | Current |
| Jawahar Lal Jain | Director | 27 Sep 1974 | 52 Years 0 Months | Current |
Peer comparison
Associated Switchgears and Projects Limited. is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Technical Associates Limited | ₹8.67 Cr (FY 2025) | 6.0% | Lucknow, Uttar Pradesh, India | |||
| Sparkle Manufacturing Private Limited | ₹8.66 Cr (FY 2025) | 40.0% | Jaipur, Rajasthan, India | |||
| Photon Computers India Private Limited | ₹8.64 Cr (FY 2024) | -10.0% | New Delhi, Delhi, India | |||
| Associated Switchgears and Projects Limited.this company | ₹8.64 Cr (FY 2025) | ₹7.86 Lakh | 0.9% | -22.0% | 4 | New Delhi, Delhi, India |
| H M Conductors and Engineers Private Limited | ₹8.63 Cr (FY 2024) | -38.0% | Gummidipoondi, Tamil Nadu, India | |||
| Arc Electricals Private Limited | ₹8.62 Cr (FY 2025) | 92.0% | New Delhi, Delhi, India | |||
| Star Gazer Transformers Private Limited | ₹8.61 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Elger Controls India Private Limited | ₹8.6 Cr (FY 2024) | 4.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Associated Switchgears and Projects Limited., buy the company report.
Auditor
Associated Switchgears and Projects Limited. is audited by R.M. LALL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.M. LALL & CO. | FY 2023 | 000932C |
Shareholding
The shareholding of Associated Switchgears and Projects 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 Associated Switchgears and Projects Limited., buy the company report.
Charges & borrowings
Open charges
₹59.31 Lakh
Satisfied charges
₹14.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2025 | 101050848 | Others | ₹10 Lakh | Open | |
| 08 Jan 2025 | 101036125 | Others | ₹10 Lakh | Open | |
| 26 Oct 2024 | 100992325 | Others | ₹20 Lakh | Open | |
| 05 Jun 2023 | 100747863 | Others | ₹19.31 Lakh | Open | |
| 26 Mar 1999 | 90368426 | U.P.F.C. | ₹40.25 Lakh | Satisfied |
To see the full charge records of Associated Switchgears and Projects Limited., buy the company report.
Total charge records: 24 View all charges
Legal cases
Associated Switchgears and Projects Limited. has 34 court cases on record: 12 filed by Associated Switchgears and Projects Limited, 22 filed against it. 6 cases are pending and 28 are disposed.
Total cases
34
Filed by the company
12
Filed against the company
22
Pending
6
Disposed
28
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 15 | 5 |
| High courts | 13 | 6 | 0 |
| Supreme Court | 4 | 0 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Siemens Financial Services Pvt Ltd | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by Ms Vishwakarma Garments Pvt Ltd | Pending |
| District court, West, Delhi | Commercial suit | Filed against the company by Max Engineering and Marketing Pvt Ltd | Disposed |
| District court, North, Delhi | Civil suit | Filed by the company against Ritters Automation Pvt Ltd | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Swastik Pipe Limited | Disposed |
To see the full case history of Associated Switchgears and Projects 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 Associated Switchgears and Projects Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Associated Switchgears and Projects Limited. has a workforce of 4 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
GST
Associated Switchgears and Projects Limited has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACA2771K1ZL | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Associated Switchgears and Projects Limited., buy the company report.
Recent activity
Associated Switchgears and Projects Limited. has 6 board changes on record since 1974: 3 appointments and 3 cessations. The latest: Gaurav Jain ceased to be Additional Director on 30 Sep 2010.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 101050848 was registered on 07 Feb 2025.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 101036125 was registered on 08 Jan 2025.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100992325 was registered on 26 Oct 2024.
AGM
Associated Switchgears And Projects Limited. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Associated Switchgears And Projects Limited. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100747863 was registered on 05 Jun 2023.
Charges
A charge registered on 26 Mar 1999 via Charge ID 90368426 with U.P.F.C. was fully satisfied on 05 Feb 2020.
Charges
A charge registered on 25 Sep 1996 via Charge ID 90369166 with U.P. Financial Corporation was fully satisfied on 05 Feb 2020.
Charges
A charge registered on 27 Dec 1985 via Charge ID 90368201 with U.P.F.C. was fully satisfied on 05 Feb 2020.
Charges
A charge registered on 29 Mar 1985 via Charge ID 90368191 with U.P.F.C. was fully satisfied on 05 Feb 2020.
Ceased
Gaurav Jain ceased to be Additional Director.
Ceased
Sri Prakash Jain ceased to be Director.
47 earlier events are in the company report.
Frequently asked questions
Associated Switchgears and Projects Limited is an active public limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 September 1974 (52+ years old) and is registered under CIN U34300DL1974PLC007468.
Associated Switchgears and Projects Limited has 3 current directors:
- Vikas Jain - Director
- Gaurav Jain - Director
- Jawahar Lal Jain - Director
The latest financial statements of Associated Switchgears and Projects Limited on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Associated Switchgears and Projects Limited is 09AAACA2771K1ZL, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Associated Switchgears and Projects Limited is U34300DL1974PLC007468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Switchgears and Projects Limited has 34 court cases on record: 12 filed by the company and 22 filed against it. 6 are pending. Most are in the district courts.
Associated Switchgears and Projects Limited was incorporated on 27 September 1974, making it 52+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Associated Switchgears and Projects Limited by revenue are Technical Associates Limited, Sparkle Manufacturing Private Limited, Photon Computers India Private Limited, H M Conductors and Engineers Private Limited, Arc Electricals Private Limited and 2 more, 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).
Gaurav Jain ceased to be Additional Director on 30 Sep 2010. Sri Prakash Jain ceased to be Director on 27 Jul 2010. Gaurav Jain was appointed as Director on 26 Jul 2010. Associated Switchgears and Projects Limited has 6 board changes on record in total.
Yes, Associated Switchgears and Projects Limited is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0009613).
Associated Switchgears and Projects Limited can be reached through the website associatedswitchgears.com. Its registered office is in New Delhi, Delhi, India.