About Chain Electronics Private Limited
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Chain Electronics Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 02 March 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29308GJ1985PTC007697. Its GSTIN is 24AAACC6325M1ZP (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors including Hemant Ramesh Savla and Kastur Rameshchandra Savla.
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 B – 22 GIDC Electronic Estate Sector – 25, Gandhinagar, Gujarat, India – 382044.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.96 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹9.11 Lakh (net margin -16.3%) and EBITDA of -₹3.39 Lakh (EBITDA margin -6.1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 16% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹25.64 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flexicircuit.com.
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- Registered AddressB – 22 GIDC Electronic Estate Sector – 25, Gandhinagar, Gujarat, India – 382044
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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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Financials of Chain Electronics Private Limited FY 2025 filings available
Chain Electronics Private Limited reported revenue of ₹55.96 Lakh (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Chain Electronics Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 13% fall in the latest year. EBITDA fell 161% 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 of Chain Electronics Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.11 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Chain Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -16.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Chain Electronics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Chain Electronics Private Limited
Chain Electronics Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Venkam Technologies Private Limited | •••• | •••• | •••• | •••• | - | Banglore, Karnataka, India |
| Auckam Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kanchipuram, Tamil Nadu, India |
| Ascon Automation Systems Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Thistle TTR India Private Limited | •••• | •••• | •••• | •••• | - | Sriperumbudur, Tamil Nadu, India |
| Shree Chintamani Automation Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Chain Electronics Private Limited this company | •••• | •••• | •••• | •••• | - | Gandhinagar, Gujarat, India |
| Electrine Ingenum Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Abseco International Private Limited | •••• | •••• | •••• | •••• | - | Malappuram, Kerala, India |
| Iqz Designs Private Limited | •••• | •••• | •••• | •••• | 13 | Bengaluru, Karnataka, India |
| S2d Process Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Aimlware Systems Private Limited | •••• | •••• | •••• | •••• | - | Mysuru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Chain Electronics by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Chain Electronics Private Limited
Chain Electronics Private Limited is audited by MEHTA SHETH & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MEHTA SHETH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Chain Electronics Private Limited
Chain Electronics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Ramesh Savla | Director | 10 Dec 2010 | 15 Years 9 Months | Current |
| Kastur Rameshchandra Savla | Director | 26 Jul 1994 | 32 Years 2 Months | Current |
| Rameshchandra Kuvarji Savla | Director | 26 Jul 1994 | 32 Years 2 Months | Current |
Ownership and Shareholding of Chain Electronics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Chain Electronics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 1995 | State Bank of India | ₹6.45 Lakh | Satisfied |
| 18 Oct 1995 | State Bank of India | ₹6.45 Lakh | Satisfied |
| 12 Jan 1987 | Dena Bank | ₹2.5 Lakh | Satisfied |
| 11 Aug 1986 | Gujarat State Financial Corporation | ₹10.24 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Chain Electronics Private Limited
Chain Electronics Private Limited has a workforce of 9 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Chain Electronics Private Limited
Chain Electronics Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Hemant Ramesh Savla ceased to be Additional Director on 23 Sep 2011.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Chain Electronics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Chain Electronics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Chain Electronics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Chain Electronics Private Limited
Chain Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACC6325M1ZP | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Chain Electronics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Chain Electronics Private Limited
Chain Electronics is an active private limited company based in Gandhinagar, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 02 March 1985 (41+ years old) and is registered under CIN U29308GJ1985PTC007697.
Chain Electronics reported revenue of ₹55.96 Lakh for FY 2025 (down 13% YoY).
Chain Electronics has 3 current directors:
- Hemant Ramesh Savla - Director
- Kastur Rameshchandra Savla - Director
- Rameshchandra Kuvarji Savla - Director
Chain Electronics reported a net loss of ₹9.11 Lakh (net margin -16.3%) and EBITDA of -₹3.39 Lakh (EBITDA margin -6.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Chain Electronics is -4% over three years and -16% over five years. In the latest year (FY 2025) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Chain Electronics is 24AAACC6325M1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Chain Electronics is U29308GJ1985PTC007697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chain Electronics was incorporated on 02 March 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Chain Electronics by revenue are Venkam Technologies Private Limited, Auckam Technologies Private Limited, Ascon Automation Systems Private Limited, Thistle TTR India Private Limited, Shree Chintamani Automation Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Hemant Ramesh Savla ceased to be Additional Director on 23 Sep 2011. Hemant Ramesh Savla was appointed as Director on 10 Dec 2010. Kastur Rameshchandra Savla was appointed as Director on 26 Jul 1994. Chain Electronics has 4 board changes on record in total.
Chain Electronics can be reached through the website flexicircuit.com. Its registered office is in Gandhinagar, Gujarat, India.