MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0040180
Citroen Switchgears Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹37.22 Cr
▲ 29% YoY
Net profit · FY 2024
₹1.18 Cr
Net margin 3.2%
EBITDA · FY 2024
₹1.67 Cr
EBITDA margin 4.5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹1.01 Cr
Satisfied ₹35 Lakh
Company age
31 yrs
Est. 1995
Directors on board
5
As per MCA filings
About Citroen Switchgears Private Limited
Data last updated:
Citroen Switchgears Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 04 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22219MH1995PTC088052. Its GSTIN is 27AAACC4861G1ZR (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Jyoti Sameer Tijoriwala and Trupti Jatin Parikh.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 147 Tavawala Bldg 2nd Floor Room No 36 Lohar Chawl, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.22 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Cr (net margin 3.2%) and EBITDA of ₹1.67 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 12% over five years.
The company is associated with 1 brand: Citroen Switchgears. As per MCA filings, the company has open charges of ₹1.01 Cr and satisfied charges of ₹35 Lakh on record. Court records list 5 cases involving the company, including 5 filed by the company.
Citroen Switchgears Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0040180). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website citroenswitchgears.com.
Company details
CIN U22219MH1995PTC088052
Registration Number 088052
Incorporation Date 04 May 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0040180
CIN history
Citroen Switchgears has one previous CIN (Corporate Identification Number): U22219MH1995GAT088052. The current CIN is U22219MH1995PTC088052, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22219MH1995PTC088052 | Current |
| U22219MH1995GAT088052 | Previous |
Key People
Jyoti Sameer Tijoriwala Director Trupti Jatin Parikh Director Nikunj Navnitlal Shah Director Recognitions & Rankings of Citroen Switchgears
Contact details
Citroen Switchgears Private Limited's registered office is in Mumbai, Maharashtra. Its website is citroenswitchgears.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address147 Tavawala Bldg 2nd Floor Room No 36 Lohar Chawl, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Citroen Switchgears Private Limited, buy the company report.
Comprehensive company report
Citroen Switchgears 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Citroen Switchgears operates one associated brand: Citroen Switchgears. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributes electrical switchgears and components for industrial applications in India. | citroenswitchgears.com |
Business activity
The main business activity of Citroen Switchgears is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Citroen Switchgears Private Limited, buy the company report.
Financials of Citroen Switchgears Private Limited
FY 2025 filings availableCitroen Switchgears Private Limited reported revenue of ₹37.22 Cr (up 29% YoY) for FY 2024.
Revenue · FY 2024
₹37.22 Cr ▲ 29%
Net profit · FY 2024
₹1.18 Cr margin 3.2%
EBITDA · FY 2024
₹1.67 Cr margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 32%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 33%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 29% growth in the latest year. EBITDA rose 26% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.18 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Citroen Switchgears Private Limited, buy the company report.
Board of directors of Citroen Switchgears Private Limited
Citroen Switchgears has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Sameer Tijoriwala | Director | 04 May 1995 | 31 Years 5 Months | Current |
| Trupti Jatin Parikh | Director | 16 Jun 1995 | 31 Years 4 Months | Current |
| Nikunj Navnitlal Shah Also directs: Prism Control Gear LLP | Director | 16 Jun 1995 | 31 Years 4 Months | Current |
| Jatin Shantilal Parikh Also directs: Prism Control Gear LLP | Director | 04 May 1995 | 31 Years 5 Months | Current |
| Sameer Krishnakant Tijoriwala Also directs: Prism Control Gear LLP | Director | 16 Jun 1995 | 31 Years 4 Months | Current |
Peer comparison
Citroen Switchgears Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shubham Consumer Durables Private Limited | ₹37.46 Cr (FY 2024) | -40.0% | Bangalore, Karnataka, India | |||
| Cressa Gadgets Private Limited | ₹37.43 Cr (FY 2025) | -19.0% | Delhi, India | |||
| Pranav Consumer Solutions Private Limited | ₹37.31 Cr (FY 2024) | 5.0% | Thiruvananthapuram, Kerala, India | |||
| Techno Commercial Company Private Limited | ₹37.27 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Citroen Switchgears Private Limitedthis company | ₹37.22 Cr (FY 2024) | ₹1.18 Cr | 3.2% | 29.0% | Mumbai, Maharashtra, India | |
| Habiba Enterprises Private Limited | ₹37.07 Cr (FY 2025) | 18.0% | Thanesar, Haryana, India |
To see the full peer comparison of Citroen Switchgears Private Limited, buy the company report.
Auditor
Citroen Switchgears Private Limited is audited by Himmat Shethia & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Himmat Shethia & Associates | FY 2023 | 139311W |
Shareholding
The shareholding of Citroen Switchgears Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Citroen Switchgears Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.01 Cr
Satisfied charges
₹35 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2020 | 100359570 | Bank of India | ₹3.14 Lakh | Open | |
| 15 Dec 2000 | 90166690 | Bank of India | ₹98 Lakh | Open | |
| 25 Sep 2013 | 10460460 | Indusind Bank Ltd. | ₹35 Lakh | Satisfied |
To see the full charge records of Citroen Switchgears Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Citroen Switchgears Private Limited has 5 court cases on record: 5 filed by Citroen Switchgears. All cases are disposed.
Total cases
5
Filed by the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against M/S. S.V. Electricals and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against M/S. S.V. Electricals and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Argo Transformers Co. Pvt. Ltd. | Disposed |
To see the full case history of Citroen Switchgears 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 Citroen Switchgears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citroen Switchgears has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC4861G1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Citroen Switchgears Private Limited, buy the company report.
Recent activity
Citroen Switchgears Private Limited has 7 board changes on record since 1995: 5 appointments and 2 cessations. The latest: Harshal Nikunj Shah ceased to be Director on 31 Mar 2023.
AGM
Citroen Switchgears Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Filing
Citroen Switchgears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 25 Sep 2013 via Charge ID 10460460 with Indusind Bank Ltd. was fully satisfied on 07 Sep 2023.
Ceased
Harshal Nikunj Shah ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 3.14 Lakh with Charge ID 100359570 was registered on 24 Jul 2020.
Charges
A charge with Bank Of India of Rs. 98.00 Lakh registered on 15 Dec 2000 with Charge ID 90166690 was modified on 23 Oct 2019.
Charges
A charge with Indusind Bank Ltd. amounted to Rs. 35.00 Lakh with Charge ID 10460460 was registered on 25 Sep 2013.
Ceased
Nita Nikunj Shah ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 98.00 Lakh with Charge ID 90166690 was registered on 15 Dec 2000.
Appointed
Nikunj Navnitlal Shah was appointed as Director.
Appointed
Sameer Krishnakant Tijoriwala was appointed as Director.
Appointed
Trupti Jatin Parikh was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Citroen Switchgears is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 04 May 1995 (31+ years old) and is registered under CIN U22219MH1995PTC088052.
Citroen Switchgears has 5 current directors:
- Jyoti Sameer Tijoriwala - Director
- Trupti Jatin Parikh - Director
- Nikunj Navnitlal Shah - Director
- Jatin Shantilal Parikh - Director
- Sameer Krishnakant Tijoriwala - Director
The latest financial statements of Citroen Switchgears on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Citroen Switchgears is 27AAACC4861G1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Citroen Switchgears is U22219MH1995PTC088052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citroen Switchgears has 5 court cases on record: 5 filed by the company.
Citroen Switchgears was incorporated on 04 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Citroen Switchgears by revenue are Shubham Consumer Durables Private Limited, Cressa Gadgets Private Limited, Pranav Consumer Solutions Private Limited, Techno Commercial Company Private Limited, Habiba Enterprises Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Harshal Nikunj Shah ceased to be Director on 31 Mar 2023. Nita Nikunj Shah ceased to be Director on 08 May 2010. Nikunj Navnitlal Shah was appointed as Director on 16 Jun 1995. Citroen Switchgears has 7 board changes on record in total.
Yes, Citroen Switchgears is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0040180).
Citroen Switchgears can be reached through the website citroenswitchgears.com. Its registered office is in Mumbai, Maharashtra, India.