About Eaton Technologies Private Limited
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Eaton Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Eaton Electric (Singapore) Pte Ltd. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 09 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2005PTC020272. Its GSTIN is 27AABCE4323Q1ZE (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7.81 Lakh. It is led by directors Nilesh Vilas Dharwadkar (Whole-Time Director) and Ashish Agarwal.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,478.45 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹955.17 Cr (net margin 21.3%) and EBITDA of ₹1,311.99 Cr (EBITDA margin 29.3%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 22% over five years.
The company has about 2,129 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
Court records list 13 cases involving the company, including 4 filed by the company and 9 filed against it; 7 cases are pending. The company has 8 deals on record (8 secondary share transfers); the latest was in February 2015. Its 5 peer companies in the Power industry (Application Development, Engineering Design, Power Equipment Manufacturers), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 2 smaller; the largest is Eit Services India Private Limited with revenue of ₹5,232.67 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 27 overdue payments to 13 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eaton.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressCluster C Wing 1 Eon Free Zone Plot No 1 Survey No 77 MIDC Kharadi Knowledge Par, K Kharadi, Pune, Maharashtra, India – 411014
- IndustryEngineering, Engineering Design & Consultancy
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Eaton Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Eaton Technologies Private Limited
FY 2025 filings availableEaton Technologies Private Limited reported revenue of ₹4,478.45 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 8% growth in the latest year. EBITDA fell 5% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹1,311.99 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹955.17 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 29.3% | |
| Net Profit Margin | 21.3% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Eaton Technologies are in the company report.
: available in the company report
Board of Directors of Eaton Technologies Private Limited
Eaton Technologies has 2 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Vilas Dharwadkar | Whole-Time Director | 18 Jul 2018 | 8 Years 3 Months | Current |
| Ashish Agarwal Also directs: Eaton India Innovation Center LLP, Eaton Management Services LLP, Eaton Industrial Products Private Limited and 3 more | Director | 23 May 2025 | 1 Years 4 Months | Current |
Peer Comparison
Eaton Technologies Private Limited is compared with the companies closest to it by revenue in the Power industry (Application Development, Engineering Design, Power Equipment Manufacturers), with the same principal business activity (computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eit Services India Private Limited | ₹5,232.67 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Hosur Rd Bangalore, Karnataka, India |
| Amd India Private Limited | ₹4,844.3 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Mastercard Technology Private Limited | ₹4,600.07 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Pune, Maharashtra, India |
| Eaton Technologies Private Limited this company | ₹4,478.45 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
| Cgi Information Systems and Management Consultants Private Limited | ₹4,282.31 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Hitachi Digital Services India Private Limited | ₹4,268.39 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Hyderabad, Telangana, India |
Peers are the companies nearest to Eaton Technologies by revenue, above and below it, in the Power industry (Application Development, Engineering Design, Power Equipment Manufacturers), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Eaton Technologies Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R B C & CO LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Eaton Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding
Eaton Technologies Private Limited has 8 deals on record (8 secondary share transfers); the latest was in February 2015.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: Eaton Electric Singapore Pte Ltd Seller: ETN Holding 3 Limited |
| May 2013 | Secondary share transfer | Undisclosed | Seller: ETN Holding 3 Limited |
| Dec 2012 | Secondary share transfer | Undisclosed | Seller: ETN Holding 3 Limited |
| Sep 2012 | Secondary share transfer | Undisclosed | Seller: ETN Holding 3 Limited |
| Oct 2011 | Secondary share transfer | Undisclosed | Seller: ETN Holding 3 Limited |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Eaton Technologies Private Limited has 13 court cases on record: 4 filed by Eaton Technologies, 9 filed against it. 7 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 9 | 7 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 1 | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 1 Pune | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR Commissioner of Income Tax 1 Pune | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India Ministry of Commerce and Industry Government of India Udyog Bhavan New Delhi | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by an individual | Pending |
: available in 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
Eaton Technologies Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 27 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Unicom Infotel Private Limited | •••• | •••• | •••• |
| Pica Type Systems Private Limited | •••• | •••• | •••• |
| Berggruen Hotels Private Limited | •••• | •••• | •••• |
| Power Bridge Systems Private Limited | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Eaton Technologies Private Limited has a workforce of 2,129 employees as of Apr 08, 2024.
: available in the company report
Group Structure
Eaton Technologies has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Eaton Power Quality Private Limited | U29120PN1965PLC015850 | Locked |
| Eaton Industrial Products Private Limited | U29197PN1990PTC148155 | Locked |
| Mtl Instruments Private Limited | U33112TN1989PTC018507 | Locked |
Showing major subsidiaries. Total: 3.
Recent Activity
Eaton Technologies Private Limited has 24 board changes on record since 2007: 2 appointments and 22 cessations. The latest: Ashish Agarwal ceased to be Additional Director on 26 Sep 2025.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Eaton Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE4323Q1ZE | Maharashtra | Active | 01 Jul 2017 |
| 27AABCE4323Q2ZD | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Eaton Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 09 February 2005 (21+ years old) and is registered under CIN U29299PN2005PTC020272.
Eaton Technologies has 2 current directors:
- Nilesh Vilas Dharwadkar - Whole-Time Director
- Ashish Agarwal - Director
The latest financial statements of Eaton Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Eaton Technologies is 27AABCE4323Q1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCE4323Q2ZD (Maharashtra).
The CIN (Corporate Identification Number) of Eaton Technologies is U29299PN2005PTC020272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eaton Technologies has 13 court cases on record: 4 filed by the company and 9 filed against it. 7 are pending.
Eaton Technologies was incorporated on 09 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Eaton Technologies has 8 deals on record (8 secondary share transfers); the latest was in February 2015.
The peers of Eaton Technologies by revenue are Eit Services India Private Limited, Amd India Private Limited, Mastercard Technology Private Limited, Cgi Information Systems and Management Consultants Private Limited, Hitachi Digital Services India Private Limited, all in the Power industry (Application Development, Engineering Design, Power Equipment Manufacturers), with the same principal business activity (computer programming, consultancy and related activities).
Ashish Agarwal ceased to be Additional Director on 26 Sep 2025. Ashish Agarwal was appointed as Director on 23 May 2025. Nitin Shridhar Chalke ceased to be Whole-Time Director on 02 May 2021. Eaton Technologies has 24 board changes on record in total.
Eaton Technologies has 10 MSME Form 1 returns on record between 2019 and 2024, listing 27 overdue payments to 13 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Eaton Technologies can be reached through the website eaton.in. Its registered office is in Pune, Maharashtra, India.