About Transit Electronics
Transit Electronics is a Technology company based in India founded in 1994. Security, surveillance, IT systems, and monitoring solutions in India. It operates in the Technology and Industrial Goods & Manufacturing sectors. The company has 169 employees. Its Indian entity Transit Electronics Limited reported revenue of ₹77.83 Cr. Transit Electronics offers products and services including IT-Enabled ELV Systems and 24/7 Monitoring Solution. Its focus areas include Technology and Security, IT Infrastructure, Networking Solutions and Data Centre and Firewall Services.
Company details
Transit Electronics is recognized for delivering IT-enabled solutions in security and surveillance, with services encompassing ELV systems, networking, and maintenance contracts. Offerings are extended to sectors such as government, defence, and oil and gas, where problems are addressed through tailored innovations like AI-driven monitoring and data centre solutions. Operations are based in India, focusing on uninterrupted system performance and upgrades to enhance business security and efficiency. Client sectors include commercial and educational entities, ensuring comprehensive support is provided.
- Annual Revenue₹77.83 Cr
FY 2024 · -12% YoY
- Net Profit₹2.23 Cr
FY 2024 · 3% margin
- EBITDA₹3.89 Cr
FY 2024 · 5% margin
- Employee Count169
Associated legal entities of Transit Electronics
Transit Electronics operates through Transit Electronics 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 |
|---|---|---|---|---|---|---|---|
| Transit Electronics Limited CIN U30009GJ1996PLC030950 | Active | 17 Oct 1996 | Surat, Gujarat | ₹77.8 Cr | 169 | 5 | View details |
Products & Services of Transit Electronics
Transit Electronics offers a comprehensive portfolio of products and services, including IT-Enabled ELV Systems and 24/7 Monitoring Solution.
Advanced security and communication systems are provided for buildings and infrastructure, incorporating features like access control and fire alarms.
Constant vigilance is maintained for systems using AI, where proactive safeguarding and customized monitoring are implemented to ensure reliability.
Board of directors of Transit Electronics Limited (Transit Electronics)
Transit Electronics Limited is the primary company behind Transit Electronics. The board of Transit Electronics Limited currently have 4 directors; the longest-serving is Dipesh Shashikant Dasadia, appointed in 1996. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dipesh Shashikant Dasadia DIN 01048684 | Managing Director | 17 Oct 1996 | 30 yrs | Transit Electronics Limited |
| Kalpesh Rajnikant Shah DIN 01048811 | Whole-time director | 17 Oct 1996 | 30 yrs | Transit Electronics Limited |
| Kamlesh Laljibhai Marviya DIN 02568394 | Whole-time director | 08 Feb 2013 | 13 yrs 8 mo | Transit Electronics Limited |
| Neha Dipeshbhai Dasadia DIN 00908293 | Whole-time director | 29 Aug 2016 | 10 yrs 1 mo | Transit Electronics Limited |
People of Transit Electronics
1 people are tracked at Transit Electronics (1 in leadership); the tracked headcount is 169.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Transit Electronics
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Financials of Transit Electronics
Figures of Transit Electronics Limited, the primary company behind Transit Electronics, for FY 2024. Revenue was ₹77.83 Cr (-12% year on year). Net profit was ₹2.23 Cr (3% margin). EBITDA was ₹3.89 Cr (5% margin). Revenue has grown at a compounded annual rate of +39% over three years and +3% over five years.
- ₹77.83 CrRevenue · FY 2024 · -12% YoY
- ₹2.23 CrNet profit · 3% margin
- ₹3.89 CrEBITDA · 5% margin
- ₹3.75 CrPaid-up capital
- 169Employees (provident fund records)
- +39%Revenue CAGR, 3 years
- +3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Transit Electronics Limited are on its company page.
Detailed financial statements for Transit Electronics
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Frequently Asked Questions about Transit Electronics
Transit Electronics was founded in 1994.
Transit Electronics is headquartered in India.
Transit Electronics has 169 employees.
The primary company behind Transit Electronics, Transit Electronics Limited, reported revenue of ₹77.83 Cr for FY 2024, down 12% year on year.
Transit Electronics is recognized for delivering IT-enabled solutions in security and surveillance, with services encompassing ELV systems, networking, and maintenance contracts. Offerings are extended to sectors such as government, defence, and oil and gas, where problems are addressed through tailored innovations like AI-driven monitoring and data centre solutions. Operations are based in India, focusing on uninterrupted system performance and upgrades to enhance business security and efficiency. Client sectors include commercial and educational entities, ensuring comprehensive support is provided.
Transit Electronics offers IT-Enabled ELV Systems and 24/7 Monitoring Solution.
Transit Electronics operates through Transit Electronics Limited.
The legal entities of Transit Electronics currently have 5 directors, including Kamlesh Laljibhai Marviya, Dipesh Shashikant Dasadia, Kalpesh Rajnikant Shah and others.