MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0008737
Dhaval Electricals Private Limited - energy and power in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.26 Cr
▼ 26% YoY
Net profit · FY 2024
₹3.83 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹32.99 Lakh
EBITDA margin 4.5%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹39.95 Lakh
Issued & subscribed
Open charges
₹5.06 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
8
Provident fund records
About Dhaval Electricals Private Limited
Data last updated:
Dhaval Electricals Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 08 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31100GJ2008PTC053844. Its GSTIN is 24AACCD8822G1ZT (Gujarat).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹39.95 Lakh. It is led by directors including Tejalben Desai Dhaval and Ranjanben Nandkumar Desai.
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 113/13 GIDC Nr. Bombardier Work Shop Makarpura, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.26 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹3.83 Lakh (net margin 0.5%) and EBITDA of ₹32.99 Lakh (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dhaval Electricals. As per MCA filings, the company has open charges of ₹5.06 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it.
Dhaval Electricals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0008737). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhavalgroup.net.
Company details
CIN U31100GJ2008PTC053844
Registration Number 053844
Incorporation Date 08 May 2008
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 Small
Udyam Registration UDYAM-GJ-24-0008737
Key People
Tejalben Desai Dhaval Director Ranjanben Nandkumar Desai Director Dhaval Desai Nandkumar Director Recognitions & Rankings of Dhaval Electricals
Contact details
Dhaval Electricals Private Limited's registered office is in Vadodara, Gujarat. Its website is dhavalgroup.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address113/13 GIDC Nr. Bombardier Work Shop Makarpura, Vadodara, Gujarat, India – 390010
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Dhaval Electricals Private Limited, buy the company report.
Comprehensive company report
Dhaval 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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Brands
Dhaval Electricals operates one associated brand: Dhaval Electricals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of LT and HT panels and provision of turnkey services in India. | dhavalgroup.net |
Business activity
The main business activity of Dhaval 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 Dhaval Electricals Private Limited, buy the company report.
Financials of Dhaval Electricals Private Limited
FY 2025 filings availableDhaval Electricals Private Limited reported revenue of ₹7.26 Cr (down 26% YoY) for FY 2024.
Revenue · FY 2024
₹7.26 Cr ▼ 26%
Net profit · FY 2024
₹3.83 Lakh margin 0.5%
EBITDA · FY 2024
₹32.99 Lakh margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 26%
5 years · compounded
▲ 5%
Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 26% fall 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 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 | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹32.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.83 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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| Cash and Bank Balance | |||||
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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 | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity 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 Dhaval Electricals Private Limited, buy the company report.
Board of directors of Dhaval Electricals Private Limited
Dhaval Electricals has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejalben Desai Dhaval | Director | 08 May 2008 | 18 Years 5 Months | Current |
| Ranjanben Nandkumar Desai | Director | 15 May 2008 | 18 Years 5 Months | Current |
| Dhaval Desai Nandkumar | Director | 08 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Dhaval Electricals Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Pinggao Group Power India Private Limited | ₹7.29 Cr (FY 2025) | -43.0% | Sanand, Gujarat, India | |||
| Paragon Tap Changers Private Limited | ₹7.28 Cr (FY 2025) | 21.0% | Ambarnath, Maharashtra, India | |||
| Dhaval Electricals Private Limitedthis company | ₹7.26 Cr (FY 2024) | ₹3.83 Lakh | 0.5% | -26.0% | 8 | Vadodara, Gujarat, India |
| Cawin Electric India Private Limited | ₹7.25 Cr (FY 2025) | 13.0% | Malappuram, Kerala, India | |||
| Uni Power Technical Services and Consultancy Private Limited | ₹7.25 Cr (FY 2023) | 77.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Dhaval Electricals Private Limited, buy the company report.
Auditor
Dhaval Electricals Private Limited is audited by NARESH & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARESH & COMPANY | FY 2023 | 106928W |
Shareholding
The shareholding of Dhaval Electricals 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dhaval Electricals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.06 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2009 | 10141882 | Axis Bank Limited | ₹5.06 Cr | Open |
To see the full charge records of Dhaval Electricals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Dhaval Electricals Private Limited has 8 court cases on record: 4 filed by Dhaval Electricals, 4 filed against it. All cases are disposed.
Total cases
8
Filed by the company
4
Filed against the company
4
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal miscellaneous application | Filed by the company against Ravindra Joshi Prop. of M/S. Ravi Electricals | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (EXE S) | Filed by the company against an individual | Disposed |
To see the full case history of Dhaval 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 Dhaval Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dhaval Electricals Private Limited has a workforce of 8 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
-20%
GST
Dhaval Electricals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCD8822G1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dhaval Electricals Private Limited, buy the company report.
Recent activity
Dhaval Electricals Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Nandkumar Desai Nyalchand ceased to be Director on 09 Dec 2018.
AGM
Dhaval Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Dhaval Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 506.00 Lakh registered on 23 Jan 2009 with Charge ID 10141882 was modified on 13 Jun 2023.
Ceased
Nandkumar Desai Nyalchand ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 506.00 Lakh with Charge ID 10141882 was registered on 23 Jan 2009.
Appointed
Ranjanben Nandkumar Desai was appointed as Director.
Appointed
Dhaval Desai Nandkumar was appointed as Director.
Appointed
Tejalben Desai Dhaval was appointed as Director.
Incorporation
08 May 2008
Dhaval Electricals Private Limited was registered on 08 May 2008 with Roc Ahmedabad & aged 18 years 5 months as per MCA records.
Frequently asked questions
Dhaval Electricals is an active private limited company based in Vadodara, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 08 May 2008 (18+ years old) and is registered under CIN U31100GJ2008PTC053844.
Dhaval Electricals has 3 current directors:
- Tejalben Desai Dhaval - Director
- Ranjanben Nandkumar Desai - Director
- Dhaval Desai Nandkumar - Director
The latest financial statements of Dhaval 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 Dhaval Electricals is 24AACCD8822G1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Dhaval Electricals is U31100GJ2008PTC053844. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhaval Electricals has 8 court cases on record: 4 filed by the company and 4 filed against it.
Dhaval Electricals was incorporated on 08 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Dhaval Electricals by revenue are Pinggao Group Power India Private Limited, Paragon Tap Changers Private Limited, Cawin Electric India Private Limited, Uni Power Technical Services and Consultancy 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).
Nandkumar Desai Nyalchand ceased to be Director on 09 Dec 2018. Ranjanben Nandkumar Desai was appointed as Director on 15 May 2008. Dhaval Desai Nandkumar was appointed as Director on 08 May 2008. Dhaval Electricals has 4 board changes on record in total.
Yes, Dhaval Electricals is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0008737).
Dhaval Electricals can be reached through the website dhavalgroup.net. Its registered office is in Vadodara, Gujarat, India.
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