About Asco Switchgears
Asco Switchgears is a company founded in 1992. Asco Switchgears offers products and services including Switchgears and LED Products.
- SectorsIndustrial Goods & ManufacturingConsumer
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- Legal Name Asco Switchgears Pvt. Ltd
- Date of Incorporation 29 Mar, 2001
- Jurisdiction Punjab, India
- Annual Revenue₹56.14 Cr
FY 2024 · +45% YoY
- Net Profit₹42.8 Lakh
FY 2024 · 1% margin
- EBITDA₹3.15 Cr
FY 2024 · 6% margin
Associated legal entities of Asco Switchgears
Asco Switchgears operates through Asco Switchgears Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Asco Switchgears Private Limited CIN U31200PB2001PTC024297 | Active | 29 Mar 2001 | – | ₹56.1 Cr | – | 6 | View details |
Products & Services of Asco Switchgears
Asco Switchgears offers a comprehensive portfolio of products and services, including Switchgears and LED Products.
Low voltage switchgears are manufactured for power distribution and control purposes
LED lights such as cabinet lights and downlights are produced for various applications
Board of directors of Asco Switchgears Private Limited (Asco Switchgears)
Asco Switchgears Private Limited is the primary company behind Asco Switchgears. The board of Asco Switchgears Private Limited currently have 6 directors; the longest-serving is Ajay Gupta, appointed in 2001.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Gupta DIN 00090869 | Managing Director | 29 Mar 2001 | 25 yrs 6 mo | Asco Switchgears Private Limited |
| Anil Kumar Gupta DIN 00090927 | Director | 29 Mar 2001 | 25 yrs 6 mo | Asco Switchgears Private Limited |
| Sarika Gupta DIN 08179999 | Director | 16 Jul 2018 | 8 yrs 2 mo | Asco Switchgears Private Limited |
| Savita Gupta DIN 08179996 | Director | 16 Jul 2018 | 8 yrs 2 mo | Asco Switchgears Private Limited |
| Anuj Gupta DIN 08179997 | Director | 24 Jan 2022 | 4 yrs 8 mo | Asco Switchgears Private Limited |
| Aviral Gupta DIN 08180008 | Additional Director | 24 Apr 2023 | 3 yrs 5 mo | Asco Switchgears Private Limited |
Financials of Asco Switchgears
Figures of Asco Switchgears Private Limited, the primary company behind Asco Switchgears, for FY 2024. Revenue was ₹56.14 Cr (+45% year on year). Net profit was ₹42.8 Lakh (1% margin). EBITDA was ₹3.15 Cr (6% margin). Revenue has grown at a compounded annual rate of +46% over three years and +32% over five years.
- ₹56.14 CrRevenue · FY 2024 · +45% YoY
- ₹42.8 LakhNet profit · 1% margin
- ₹3.15 CrEBITDA · 6% margin
- ₹19 LakhPaid-up capital
- +46%Revenue CAGR, 3 years
- +32%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Asco Switchgears Private Limited are on its company page.
Detailed financial statements for Asco Switchgears
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Similar companies to Asco Switchgears
10 companies that operate in the same segment as Asco Switchgears (PCB & Electronic Components), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufactures energy meters, monitors, and switchgear for power management and industrial applications. | 2004 | Bengaluru, Karnataka, India | – | – | – | |
Gala Precision Engineering is engaged in manufacturing precision components. | 2009 | Thane, Maharashtra, India | – | USD 33.25 M | 335 | |
Electronic safety embedded systems are manufactured for railway transport. | 2002 | Bengaluru, Karnataka, India | – | – | 383 | |
Manufacturer of printed circuit boards | 1999 | Hosur, Tamil Nadu, India | – | USD 33.63 M | 186 | |
Electronic, electromechanical, and PCB components are manufactured. | 1971 | Niedernhall, Baden-wurttemberg, Germany | – | – | – | |
Supplier of PCB | 1912 | Gifu, Gifu Prefecture, Japan | – | – | – | |
Printed circuit boards are manufactured by Aspocomp in Finland. | 1979 | Espoo, Finland | – | USD 44.83 M | 165 | |
Printed circuit boards are manufactured by ZDT in Taiwan. | 2006 | Taoyuan City, Taiwan | – | – | – | |
A conglomerate with diversified interests in property and finance. | 1963 | Kuala Lumpur, Malaysia | – | USD 465.74 M | – | |
High-performance copper-clad laminates and prepregs for PCBs are manufactured. | 1912 | Chandler, Arizona, United States | – | – | 295 |
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Frequently Asked Questions about Asco Switchgears
Asco Switchgears was founded in 1992.
The primary company behind Asco Switchgears, Asco Switchgears Private Limited, reported revenue of ₹56.14 Cr for FY 2024, up 45% year on year.
Asco Switchgears Pvt. Ltd. is identified as a manufacturer of low voltage switchgears and LED lighting products, with ISO:9001-2008 certification being held. Products including miniature circuit breakers, distribution boards, and various LED lights such as cabinet and downlights are developed for power distribution and control. The company has been operated in Punjab, India, for over 30 years, focusing on indigenous production to support national needs in electrical equipment and lighting solutions.
Asco Switchgears offers Switchgears and LED Products.
Asco Switchgears operates through Asco Switchgears Private Limited.
The legal entities of Asco Switchgears currently have 6 directors, including Sarika Gupta, Ajay Gupta, Anil Kumar Gupta and others.