About Azure Switchgear Private Limited
Data last updated:
Azure Switchgear Private Limited is a private limited company based in Delhi, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 04 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27100DL2008PTC181665. Its GSTIN is 05AAHCA2141E1ZB (Uttarakhand). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Nirmal Kumar and Vandana Tayal.
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 Shop No 202 2nd Floor Vardhmaan Fortune Mall G T Karnal Road Industrial Area, Delhi, India – 110033.
As per the financials filed for FY 2024, the company reported a revenue of ₹76.97 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹86.14 Lakh (net margin 1.1%) and EBITDA of ₹5.19 Cr (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹53.27 Cr and satisfied charges of ₹29.69 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it. The company has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.67 Cr; the latest was in July 2020. Its 10 peer companies in the Manufacturing industry (Cables and Wires) are compared by revenue, 5 larger and 5 smaller; the largest is Supertech Conductors (Gujarat)Private Limited with revenue of ₹77.42 Cr. The company has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 836 overdue payments to 16 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ocicables.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShop No 202 2nd Floor Vardhmaan Fortune Mall G T Karnal Road Industrial Area, Delhi, India – 110033
- IndustryManufacturing, Cable & Wire
- 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
- One PDF report, delivered after checkout
Business Activity of Azure Switchgear Private Limited
The main business activity of Azure Switchgear is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Azure Switchgear Private Limited FY 2024 filings available
Azure Switchgear Private Limited reported revenue of ₹76.97 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Azure Switchgear Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 11% fall in the latest year. EBITDA rose 22% 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 of Azure Switchgear Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.19 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹86.14 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Azure Switchgear Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Azure Switchgear are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Azure Switchgear Private Limited
Azure Switchgear Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cables and Wires). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Supertech Conductors (Gujarat)Private Limited | ₹77.42 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Valsad, Gujarat, India |
| Jain Welding Electrodes Private Limited | ₹77.39 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kota, Rajasthan, India |
| Hyphen Cables Private Limited | ₹77.27 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Delhi, India |
| Modern Instruments Private Limited | ₹77.22 Cr (FY 2015) | •••• | •••• | 250.0% | •••• | New Delhi, Delhi, India |
| Magic Inox Private Limited | ₹77.15 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Roorkee, Uttarakhand, India |
| Azure Switchgear Private Limited this company | ₹76.97 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Delhi, India |
| Shree Vardhman Power Private Limited | ₹76.42 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Jaipur, Rajasthan, India |
| Siria Elemet Private Limited | ₹76.07 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Helukabel India Private Limited | ₹75.53 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Signet Conductors Pvt Ltd | ₹75.46 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Rewa, Madhya Pradesh, India |
| Maruti Wiretech Private Limited | ₹75.36 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Rajkot, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Azure Switchgear by revenue in the Manufacturing industry (Cables and Wires), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Azure Switchgear Private Limited
Azure Switchgear Private Limited is audited by KPR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KPR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Azure Switchgear Private Limited
Azure Switchgear has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Kumar Also directs: Adl Orbit Cable (India) LLP, Krishna Electricals Enterprises LLP, Glovolt Ventures Private Limited and 1 more | Director | 12 Oct 2019 | 6 Years 11 Months | Current |
| Vandana Tayal | Director | 23 Apr 2019 | 7 Years 5 Months | Current |
| Lakshay Gupta | Director | 23 Apr 2019 | 7 Years 5 Months | Current |
| Pooja Tayal Also directs: MVSR Ventures Private Limited | Director | 07 May 2019 | 7 Years 5 Months | Current |
| Vishal Tayal | Director | 15 Jun 2011 | 15 Years 3 Months | Current |
Ownership and Shareholding of Azure Switchgear Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Azure Switchgear Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2025 | Others | ₹15 Cr | Open |
| 24 Jun 2025 | Hdfc Bank Limited | ₹64.07 Lakh | Open |
| 06 Jun 2025 | Hdfc Bank Limited | ₹10.57 Lakh | Open |
| 10 Apr 2024 | Hdfc Bank Limited | ₹19.97 Lakh | Open |
| 26 Sep 2023 | Standard Chartered Bank | ₹30 Cr | Open |
Total charge records: 13 View all charges
Deals & Funding of Azure Switchgear Private Limited
Azure Switchgear Private Limited has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.67 Cr; the latest was in July 2020.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Jan 2009 | Funding round | ₹1.1 Cr | Investors: Manbhari Marketing Private Limited , R H Design India Private Limited , M. Mittal & Co., an individual |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Azure Switchgear Private Limited
Azure Switchgear Private Limited has 12 court cases on record: 2 filed by Azure Switchgear, 10 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 10 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P | Disposed |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Court case (COS) | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, West, Delhi | Execution petition | Filed against the company by an individual | Disposed |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Azure Switchgear Private Limited
Azure Switchgear Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 836 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Juneja Wires Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Adl Orbit Cable(India) | •••• | •••• | •••• |
| Dabang Metal Industries | •••• | •••• | •••• |
| Control Print Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Azure Switchgear Private Limited
Azure Switchgear Private Limited has a workforce of 46 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Azure Switchgear Private Limited
Azure Switchgear Private Limited has 21 board changes on record since 2011: 5 appointments and 16 cessations. The latest: Satish Jain ceased to be Director on 20 Sep 2023.
33 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Azure Switchgear Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Azure Switchgear Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Azure Switchgear Private Limited
Azure Switchgear has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAHCA2141E1ZB | Uttarakhand | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Azure Switchgear Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Azure Switchgear Private Limited
Azure Switchgear is an active private limited company based in Delhi, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 04 August 2008 (18+ years old) and is registered under CIN U27100DL2008PTC181665.
Azure Switchgear reported revenue of ₹76.97 Cr for FY 2024 (down 11% YoY).
Azure Switchgear has 5 current directors:
- Nirmal Kumar - Director
- Vandana Tayal - Director
- Lakshay Gupta - Director
- Pooja Tayal - Director
- Vishal Tayal - Director
Azure Switchgear reported a net profit of ₹86.14 Lakh (net margin 1.1%) and EBITDA of ₹5.19 Cr (EBITDA margin 6.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Azure Switchgear is 4% over three years and -2% over five years. In the latest year (FY 2024) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Azure Switchgear is 05AAHCA2141E1ZB, registered in Uttarakhand. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Azure Switchgear is U27100DL2008PTC181665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azure Switchgear has 12 court cases on record: 2 filed by the company and 10 filed against it. Most are in the district courts.
Azure Switchgear was incorporated on 04 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Azure Switchgear has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.67 Cr; the latest was in July 2020.
The peers of Azure Switchgear by revenue are Supertech Conductors (Gujarat)Private Limited, Jain Welding Electrodes Private Limited, Hyphen Cables Private Limited, Modern Instruments Private Limited, Magic Inox Private Limited and 5 more, all in the Manufacturing industry (Cables and Wires).
Satish Jain ceased to be Director on 20 Sep 2023. Nirmal Kumar ceased to be Additional Director on 30 Dec 2020. Amit Kumar ceased to be Director on 12 Oct 2019. Azure Switchgear has 21 board changes on record in total.