MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-32-0001183
Canary Electricals Private Limited - energy and power in Tankara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.94 Cr
▲ 11% YoY
Net loss · FY 2025
₹26.5 Lakh
Net margin -6.7%
EBITDA · FY 2025
₹30.06 Lakh
EBITDA margin 7.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹24.07 Lakh
Issued & subscribed
Open charges
₹6.14 Cr
Satisfied ₹24 Lakh
Company age
30 yrs
Est. 1996
Directors on board
3
As per MCA filings
About Canary Electricals Private Limited
Data last updated:
Canary Electricals Private Limited is a private limited company based in Tankara, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 23 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31109GJ1996PTC029732. Its GSTIN is 24AAACC8607L1ZM (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.07 Lakh. It was formerly known as Canary Electricals Limited. It is led by directors including Harishbhai Parshottambhai Vadalia and Deepakkumar Parshottambhai Vadalia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tankara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.94 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹26.5 Lakh (net margin -6.7%) and EBITDA of ₹30.06 Lakh (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over five years.
As per MCA filings, the company has open charges of ₹6.14 Cr and satisfied charges of ₹24 Lakh on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending. The company has 4 deals on record (4 secondary share transfers); the latest was in October 2019. Its 3 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 1 smaller; the largest is Vega Solar Energy Private Limited with revenue of ₹3.96 Cr.
Canary Electricals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0001183). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vulcanmachinery.in.
Company details
CIN U31109GJ1996PTC029732
Registration Number 029732
Incorporation Date 23 May 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-32-0001183
CIN history
Canary Electricals has one previous CIN (Corporate Identification Number): U31109GJ1996PLC029732. The current CIN is U31109GJ1996PTC029732, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31109GJ1996PTC029732 | Current |
| U31109GJ1996PLC029732 | Previous |
Key People
Harishbhai Parshottambhai Vadalia Director Deepakkumar Parshottambhai Vadalia Director Rashiklal Meghji Vadalia Director Recognitions & Rankings of Canary Electricals
Contact details
Canary Electricals Private Limited's registered office is in Tankara, Gujarat. Its website is vulcanmachinery.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressArc House S. No. 37P2 Opp. Rajpar Gaushala, Street Of Umiya Mandap Rajpar Tal. & Dist. Morbi, Tankara, Gujarat, India – 363641
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Canary Electricals Private Limited, buy the company report.
Comprehensive company report
Canary Electricals Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Canary Electricals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Canary Electricals Private Limited, buy the company report.
Financials of Canary Electricals Private Limited
FY 2025 filings availableCanary Electricals Private Limited reported revenue of ₹3.94 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹3.94 Cr ▲ 11%
Net loss · FY 2025
₹26.5 Lakh margin -6.7%
EBITDA · FY 2025
₹30.06 Lakh margin 7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 20%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 11% growth in the latest year. EBITDA rose 3% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹30.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹26.5 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | -6.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Canary Electricals Private Limited, buy the company report.
Board of directors of Canary Electricals Private Limited
Canary Electricals has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harishbhai Parshottambhai Vadalia | Director | 16 Jul 2020 | 6 Years 3 Months | Current |
| Deepakkumar Parshottambhai Vadalia | Director | 01 Apr 1997 | 29 Years 7 Months | Current |
| Rashiklal Meghji Vadalia | Director | 23 May 1996 | 30 Years 5 Months | Current |
Peer comparison
Canary Electricals Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vega Solar Energy Private Limited | ₹3.96 Cr (FY 2024) | -2.0% | Hyderabad, Telangana, India | |||
| Indus Transformers and Devices Private Limited | ₹3.95 Cr (FY 2024) | 9.0% | Thrissur, Kerala, India | |||
| Canary Electricals Private Limitedthis company | ₹3.94 Cr (FY 2025) | -₹26.5 Lakh | -6.7% | 11.0% | Tankara, Gujarat, India | |
| Sthavistah Automation Private Limited | ₹3.94 Cr (FY 2025) | 6377.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Canary Electricals Private Limited, buy the company report.
Auditor
Canary Electricals Private Limited is audited by D V BAKRANIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D V BAKRANIA & ASSOCIATES | FY 2021 | 127116W |
Shareholding
The shareholding of Canary Electricals Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Canary Electricals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.14 Cr
Satisfied charges
₹24 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2009 | 10184789 | Hdfc Bank Limited | ₹3.47 Cr | Open | |
| 07 Oct 2009 | 10182446 | Hdfc Bank Limited | ₹2.67 Cr | Open | |
| 18 Sep 1996 | 90101690 | State Bank of Saurashtra | ₹24 Lakh | Satisfied |
To see the full charge records of Canary Electricals Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Canary Electricals Private Limited has 4 deals on record (4 secondary share transfers); the latest was in October 2019.
Total deals
4
Secondary share transfers
4
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Canary Electricals Private Limited has 5 court cases on record: 1 filed by Canary Electricals, 4 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
1
Filed against the company
4
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Civil suit | Filed by the company against an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Canary Electricals Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Canary Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Canary Electricals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACC8607L1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Canary Electricals Private Limited, buy the company report.
Recent activity
Canary Electricals Private Limited has 10 board changes on record since 1996: 3 appointments and 7 cessations. The latest: Harishbhai Parshottambhai Vadalia was appointed as Director on 16 Jul 2020.
AGM
Canary Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Canary Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 347.33 Lakh registered on 03 Nov 2009 with Charge ID 10184789 was modified on 04 Oct 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 267.00 Lakh registered on 07 Oct 2009 with Charge ID 10182446 was modified on 02 Jun 2022.
Appointed
Harishbhai Parshottambhai Vadalia was appointed as Director.
Ceased
Parshottambhai Meghjibhai Vadalia ceased to be Director.
Ceased
Deepakkumar Parshottambhai Vadalia ceased to be Whole-Time Director.
Ceased
Rashiklal Meghji Vadalia ceased to be Whole-Time Director.
Ceased
Babulal Thobhanbhai Moradia ceased to be Director.
Ceased
Devshibhai Narshibhai Zalariya ceased to be Director.
Ceased
Nanjibhai Kamaria Mohanbhai ceased to be Director.
Ceased
Vipul Ratilal Patel ceased to be Whole-Time Director.
8 earlier events are in the company report.
Frequently asked questions
Canary Electricals is an active private limited company based in Tankara, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 23 May 1996 (30+ years old) and is registered under CIN U31109GJ1996PTC029732.
Canary Electricals has 3 current directors:
- Harishbhai Parshottambhai Vadalia - Director
- Deepakkumar Parshottambhai Vadalia - Director
- Rashiklal Meghji Vadalia - Director
The latest financial statements of Canary Electricals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Canary Electricals is 24AAACC8607L1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Canary Electricals is U31109GJ1996PTC029732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Canary Electricals has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending.
Canary Electricals was incorporated on 23 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Canary Electricals has 4 deals on record (4 secondary share transfers); the latest was in October 2019.
The peers of Canary Electricals by revenue are Vega Solar Energy Private Limited, Indus Transformers and Devices Private Limited, Sthavistah Automation Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Harishbhai Parshottambhai Vadalia was appointed as Director on 16 Jul 2020. Parshottambhai Meghjibhai Vadalia ceased to be Director on 18 Jun 2020. Deepakkumar Parshottambhai Vadalia ceased to be Whole-Time Director on 01 Jun 2018. Canary Electricals has 10 board changes on record in total.
Yes, Canary Electricals is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-32-0001183).
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