About XL Electricals
XL Electricals is an Energy & Utilities company founded in 1998. It operates as a distribution of electrical and lighting products for industrial and commercial use. It operates in the Energy & Utilities and Industrial Goods & Manufacturing sectors. Its Indian entity Xl Electricals Private Limited reported revenue of ₹23.37 Cr. XL Electricals offers products and services including LED Lighting and Switchgear. Its focus areas include Industrial Supplies, Switchgear and Controlgear, Power Management and Distribution Systems.
Company details
XL Electricals Private Limited is recognized as a distributor of electrical products, including wiring accessories, switchgear, LED drivers, and lighting solutions. With over 40 years of operation, it serves industrial and commercial sectors by sourcing from brands like Osram and Ledvance. Products are supplied to end users, contractors, and OEMs, ensuring compliance with quality standards and timely delivery across India. Support services are provided to meet diverse sourcing needs effectively.
- SectorsEnergy & UtilitiesIndustrial Goods & Manufacturing
- Email••••••••
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- Legal Name Xl Electricals Private Limited
- Date of Incorporation 20 Mar, 1998
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹23.37 Cr
FY 2024 · -18% YoY
- Net Profit₹29.9 Lakh
FY 2024 · 1% margin
- EBITDA₹1.14 Cr
FY 2024 · 5% margin
Associated legal entities of XL Electricals
XL Electricals operates through Xl Electricals 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 |
|---|---|---|---|---|---|---|---|
| Xl Electricals Private Limited CIN U31401MH1998PTC114068 | Active | 20 Mar 1998 | Mumbai, Maharashtra | ₹23.4 Cr | – | 3 | View details |
Products & Services of XL Electricals
XL Electricals offers a comprehensive portfolio of products and services, including LED Lighting and Switchgear.
LED lighting solutions are supplied for energy-efficient applications in industrial and commercial settings.
Switchgear products are provided for power distribution and management in various electrical systems.
Board of directors of Xl Electricals Private Limited (XL Electricals)
Xl Electricals Private Limited is the primary company behind XL Electricals. The board of Xl Electricals Private Limited currently have 3 directors; the longest-serving is Nishel Deepakkumar Shah, appointed in 2003. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nishel Deepakkumar Shah DIN 00923501 | Director | 15 Dec 2003 | 22 yrs 10 mo | Xl Electricals Private Limited |
| Mitesh Deepak Shah DIN 03154086 | Director | 02 Aug 2010 | 16 yrs 2 mo | Xl Electricals Private Limited |
| Daxa Deepak Shah DIN 08424721 | Director | 18 Apr 2019 | 7 yrs 6 mo | Xl Electricals Private Limited |
Financials of XL Electricals
Figures of Xl Electricals Private Limited, the primary company behind XL Electricals, for FY 2024. Revenue was ₹23.37 Cr (-18% year on year). Net profit was ₹29.9 Lakh (1% margin). EBITDA was ₹1.14 Cr (5% margin). Revenue has grown at a compounded annual rate of +6% over three years and +35% over five years.
- ₹23.37 CrRevenue · FY 2024 · -18% YoY
- ₹29.9 LakhNet profit · 1% margin
- ₹1.14 CrEBITDA · 5% margin
- ₹10 LakhPaid-up capital
- +6%Revenue CAGR, 3 years
- +35%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Xl Electricals Private Limited are on its company page.
Detailed financial statements for XL Electricals
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 Power Transmission & Distribution
10 companies that operate in the same segment as XL Electricals (Power Transmission & Distribution), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
EDF is engaged in electricity production and distribution in France. | 1946 | Paris, France | – | – | 151,073 | |
Electrical, hydraulic, and mechanical power management solutions are provided. | 1911 | United States | – | USD 27.45 B | 92,000 | |
Power distribution and secure services in Telangana. | 2014 | Hyderabad, Telangana, India | – | USD 4.12 B | 16,102 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | – | USD 114.37 M | 618 | |
Electricity transmission utility projects are developed in India. | 2010 | Mumbai, Maharashtra, India | USD 167.58 M | USD 603.94 M | – | |
Pumps and motors are manufactured by WEG for industrial use. | 1961 | Duluth, United States | – | USD 7.45 B | 47,530 | |
Electricity is supplied with integrated services for power infrastructure projects. | 2008 | Thane, Maharashtra, India | USD 18.47 M | USD 133.02 M | 1,045 | |
High-voltage, medium-voltage, and low-voltage cables and accessories are manufactured. | 1891 | Copenhagen, Denmark | – | – | – | |
Electricity distribution services are provided in Sydney by Ausgrid. | 2009 | Sydney, New South Wales, Australia | – | – | – | |
Electricity generation and distribution are managed in India. | 1996 | Ahmedabad, Gujarat, India | – | USD 3.08 B | 20,250 |
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Frequently Asked Questions about XL Electricals
XL Electricals was founded in 1998.
The primary company behind XL Electricals, Xl Electricals Private Limited, reported revenue of ₹23.37 Cr for FY 2024, down 18% year on year.
XL Electricals Private Limited is recognized as a distributor of electrical products, including wiring accessories, switchgear, LED drivers, and lighting solutions. With over 40 years of operation, it serves industrial and commercial sectors by sourcing from brands like Osram and Ledvance. Products are supplied to end users, contractors, and OEMs, ensuring compliance with quality standards and timely delivery across India. Support services are provided to meet diverse sourcing needs effectively.
XL Electricals offers LED Lighting and Switchgear.
XL Electricals operates through Xl Electricals Private Limited.
The legal entities of XL Electricals currently have 3 directors, including Nishel Deepakkumar Shah, Mitesh Deepak Shah, Daxa Deepak Shah.