About Milestones Switchgears
Milestones Switchgears is an Industrial Goods & Manufacturing company based in Gurugram (India) founded in 1992. Manufacturing of LT and HT electrical panels and switchboards. It operates in the Industrial Goods & Manufacturing and Energy & Utilities sectors. The company has 74 employees. Its Indian entity Milestones Switchgears Private Limited reported revenue of ₹69.78 Cr. Milestones Switchgears offers products and services including TTA Panels and VCB Panels. Its focus areas include Manufacturing, Electrical Equipment, Switchgear Manufacturing and Panel Production.
Company details
Milestones Switchgears was established in 1992 and is recognized for its role in manufacturing custom-built LT and HT switchboards, TTA panels, power control centers, and VCB panels up to 33kV. A variety of products, including capacitor panels and AMF panels, are produced to meet industry needs. The company operates with facilities for design, fabrication, surface treatment, painting, and testing, serving sectors like automotive and hospitals. Over 40 years of experience is reflected in its infrastructure for electrical panel solutions.
- Headquarters Gurugram, India
- Employees 74
- SectorsIndustrial Goods & ManufacturingEnergy & Utilities
- Email••••••••
- Legal Name Milestones Switchgears Pvt. Ltd
- Date of Incorporation 10 Apr, 1992
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹69.78 Cr
FY 2024 · +20% YoY
- Net Profit₹4.39 Cr
FY 2024 · 6% margin
- EBITDA₹6.69 Cr
FY 2024 · 10% margin
- Employee Count74
Associated legal entities of Milestones Switchgears
Milestones Switchgears operates through Milestones 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 |
|---|---|---|---|---|---|---|---|
| Milestones Switchgears Private Limited CIN U74899DL1992PTC048298 | Active | 10 Apr 1992 | New Delhi, Delhi | ₹69.8 Cr | 74 | 3 | View details |
Products & Services of Milestones Switchgears
Milestones Switchgears offers a comprehensive portfolio of products and services, including TTA Panels and VCB Panels.
TTA panels are manufactured for reliable power distribution and control applications.
VCB panels up to 33kV are produced in partnership with Siemens for high-voltage switching needs.
Board of directors of Milestones Switchgears Private Limited (Milestones Switchgears)
Milestones Switchgears Private Limited is the primary company behind Milestones Switchgears. The board of Milestones Switchgears Private Limited currently have 3 directors; the longest-serving is Gautam Aggarwal, appointed in 1992.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gautam Aggarwal DIN 00226131 | Director | 10 Apr 1992 | 34 yrs 6 mo | Milestones Switchgears Private Limited |
| Shashi Kant Aggarwal DIN 00226089 | Director | 10 Apr 1992 | 34 yrs 6 mo | Milestones Switchgears Private Limited |
| Anila Aggarwal DIN 00239369 | Director | 03 Mar 2014 | 12 yrs 7 mo | Milestones Switchgears Private Limited |
Financials of Milestones Switchgears
Figures of Milestones Switchgears Private Limited, the primary company behind Milestones Switchgears, for FY 2024. Revenue was ₹69.78 Cr (+20% year on year). Net profit was ₹4.39 Cr (6% margin). EBITDA was ₹6.69 Cr (10% margin). Revenue has grown at a compounded annual rate of +22% over three years and +11% over five years.
- ₹69.78 CrRevenue · FY 2024 · +20% YoY
- ₹4.39 CrNet profit · 6% margin
- ₹6.69 CrEBITDA · 10% margin
- ₹97.7 LakhPaid-up capital
- 74Employees (provident fund records)
- +22%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Milestones Switchgears Private Limited are on its company page.
Detailed financial statements for Milestones Switchgears
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in PCB & Electronic Components
3 companies that operate in the same segment as Milestones Switchgears (PCB & Electronic Components) in India, 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 |
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Frequently Asked Questions about Milestones Switchgears
Milestones Switchgears was founded in 1992.
Milestones Switchgears is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Milestones Switchgears has 74 employees.
The primary company behind Milestones Switchgears, Milestones Switchgears Private Limited, reported revenue of ₹69.78 Cr for FY 2024, up 20% year on year.
Milestones Switchgears was established in 1992 and is recognized for its role in manufacturing custom-built LT and HT switchboards, TTA panels, power control centers, and VCB panels up to 33kV. A variety of products, including capacitor panels and AMF panels, are produced to meet industry needs. The company operates with facilities for design, fabrication, surface treatment, painting, and testing, serving sectors like automotive and hospitals. Over 40 years of experience is reflected in its infrastructure for electrical panel solutions.
Milestones Switchgears offers TTA Panels and VCB Panels.
Milestones Switchgears operates through Milestones Switchgears Private Limited.
The legal entities of Milestones Switchgears currently have 3 directors, including Gautam Aggarwal, Shashi Kant Aggarwal, Anila Aggarwal.