About Elins Switch Boards Private Limited
Data last updated:
Elins Switch Boards Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 29 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U81909KA2000PTC027159. Its GSTIN is 29AAACE7925R1ZV (Karnataka).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹25 Cr. It is led by directors including Shanka Krishna Iyengar Seetharamu (Managing Director) and Sudha Seetharam.
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 65A/1 3rd Cross Bommasandra Industrial Area Anekal Taluk, Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2025, the company reported a revenue of ₹173.47 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹13.58 Cr (net margin 7.8%) and EBITDA of ₹22.15 Cr (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
The company has about 94 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: elins Switch Boards. As per MCA filings, the company has open charges of ₹62.5 Cr and satisfied charges of ₹102 Cr 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 elinsswitchboards.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address65A/1 3rd Cross Bommasandra Industrial Area Anekal Taluk, Bangalore, Karnataka, India – 560099
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
Associated Brands with Elins Switch Boards Private Limited
Elins Switch Boards operates one associated brand: elins Switch Boards. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of switchboards and automation solutions for industries like data centers and process sectors. | elinsswitchboards.com |
Business Activity of Elins Switch Boards Private Limited
The main business activity of Elins Switch Boards is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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
Verified entity values are shown only after access is granted.
Auditor Details of Elins Switch Boards Private Limited
Elins Switch Boards Private Limited is audited by UDAYA SHANKAR & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| UDAYA SHANKAR & Co | 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 and KMP of Elins Switch Boards Private Limited
Elins Switch Boards Private Limited currently reports 6 directors and 1 key managerial person. 3 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudha Seetharam Also directs: Micron Electricals (India) Private Limited | Director | 20 Dec 2012 | 13 Years 9 Months | Current |
| Bangalore Srinivasaprasanna Madhusudhan Also directs: Micron Electricals (India) Private Limited | Director | 29 May 2000 | 26 Years 4 Months | Current |
| Krishnan Seetharam Also directs: Micron Electricals (India) Private Limited | Director | 01 Jun 2010 | 16 Years 4 Months | Current |
| Narasimhan Seetharam Also directs: Micron Electricals (India) Private Limited | Director | 19 Oct 2010 | 15 Years 11 Months | Current |
| Binoy Wilson Also directs: Micron Electricals (India) Private Limited | Director | 08 Apr 2019 | 7 Years 5 Months | Current |
| Shanka Krishna Iyengar Seetharamu Also directs: Micron Electricals (India) Private Limited | Managing Director | 29 May 2000 | 26 Years 4 Months | Current |
Financials of Elins Switch Boards Private Limited FY 2025 filings available
Elins Switch Boards Private Limited reported revenue of ₹173.47 Cr (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Elins Switch Boards Private Limited
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 6% 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 Elins Switch Boards Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | ₹22.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.58 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Elins Switch Boards Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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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 Elins Switch Boards 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.
Ownership and Shareholding of Elins Switch Boards 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 Elins Switch Boards Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Apr 2020 | Canara Bank | ₹62.5 Cr | Open |
| 14 Dec 2010 | Syndicate Bank | ₹80 Cr | Satisfied |
| 03 Apr 2004 | Syndicate Bank | ₹22 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Elins Switch Boards Private Limited
Elins Switch Boards Private Limited has a workforce of 94 employees as of Apr 07, 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.
GST Compliance of Elins Switch Boards Private Limited
Elins Switch Boards has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACE7925R1ZV | Karnataka | 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.
Credit Ratings, Litigation & Regulatory Alerts for Elins Switch Boards 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 Elins Switch Boards 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 Elins Switch Boards 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.
MCA Filings & Documents of Elins Switch Boards 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.
Recent Activity on Elins Switch Boards Private Limited
Frequently Asked Questions about Elins Switch Boards Private Limited
Elins Switch Boards is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 29 May 2000 (26+ years old) and is registered under CIN U81909KA2000PTC027159.
Elins Switch Boards reported revenue of ₹173.47 Cr for FY 2025 (down 26% YoY).
Elins Switch Boards has 7 current directors and KMP:
- Shanka Krishna Iyengar Seetharamu - Managing Director
- Sudha Seetharam - Director
- Bangalore Srinivasaprasanna Madhusudhan - Director
- Krishnan Seetharam - Director
- Narasimhan Seetharam - Director
- Binoy Wilson - Director
- Srinivasan Nagarajan - Company Secretary
Elins Switch Boards reported a net profit of ₹13.58 Cr (net margin 7.8%) and EBITDA of ₹22.15 Cr (EBITDA margin 12.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elins Switch Boards is 13% over three years and 9% over five years. In the latest year (FY 2025) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elins Switch Boards is 29AAACE7925R1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Elins Switch Boards is U81909KA2000PTC027159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elins Switch Boards was incorporated on 29 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Elins Switch Boards can be reached through the website elinsswitchboards.com. Its registered office is in Bangalore, Karnataka, India.