MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0100439
Elite Conductors Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹184.58 Cr
▲ 48% YoY
Net profit · FY 2025
₹2.38 Cr
Net margin 1.3%
EBITDA · FY 2025
₹4.65 Cr
EBITDA margin 2.5%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.1 Cr
Issued & subscribed
Open charges
₹41.3 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Employees · EPFO
10
Provident fund records
About Elite Conductors Limited
Data last updated:
Elite Conductors Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 20 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ2006PLC047953. Its GSTIN is 24AABCE5952D1ZY (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as Elite Conductors Private Limited. It is led by directors including Amita Dharmesh Shah (Whole-Time Director) and Darshil Dharmesh Shah (Whole-Time Director).
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 18 19 Changodar Industrialestate Part II Sarkhej Bavla Highway, Ahmedabad, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹184.58 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹2.38 Cr (net margin 1.3%) and EBITDA of ₹4.65 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 28% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.3 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹1.49 Cr; the latest was in September 2015. Its 3 peer companies in the Manufacturing industry (Cables and Wires), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Bonson Electrical Industries India Private Limited with revenue of ₹193.12 Cr.
Elite Conductors Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0100439). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eliteconductors.com.
Company details
CIN U31909GJ2006PLC047953
Registration Number 047953
Incorporation Date 20 March 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0100439
CIN history
Elite Conductors has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U31909GJ2006PLC047953, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31909GJ2006PLC047953 | Current |
| U31909GJ2006PTC047953 | Previous |
| L31909GJ2006PLC047953 | Previous |
Key People
Amita Dharmesh Shah Whole-Time Director Darshil Dharmesh Shah Whole-Time Director Jiten Hasmukhbhai Shah Director Recognitions & Rankings of Elite Conductors
Contact details
Elite Conductors Limited's registered office is in Ahmedabad, Gujarat. Its website is eliteconductors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address18 19 Changodar Industrialestate Part II Sarkhej Bavla Highway, Ahmedabad, Gujarat, India
- IndustryManufacturing, Cable & Wire
To see the full contact details of Elite Conductors Limited, buy the company report.
Comprehensive company report
Elite Conductors 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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Business activity
The main business activity of Elite Conductors 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 Elite Conductors Limited, buy the company report.
Financials of Elite Conductors Limited
FY 2025 filings availableElite Conductors Limited reported revenue of ₹184.58 Cr (up 48% YoY) for FY 2025.
Revenue · FY 2025
₹184.58 Cr ▲ 48%
Net profit · FY 2025
₹2.38 Cr margin 1.3%
EBITDA · FY 2025
₹4.65 Cr margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 11%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 25%
5 years · compounded
▲ 30%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 48% growth in the latest year. EBITDA rose 27% 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 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 | ₹4.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.38 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Elite Conductors Limited, buy the company report.
Board of directors of Elite Conductors Limited
Elite Conductors has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amita Dharmesh Shah | Whole-Time Director | 25 May 2015 | 11 Years 5 Months | Current |
| Darshil Dharmesh Shah | Whole-Time Director | 30 Nov 2019 | 6 Years 11 Months | Current |
| Jiten Hasmukhbhai Shah | Director | 06 Feb 2024 | 2 Years 9 Months | Current |
| Kanubhai Shantilal Shah | Director | 06 Feb 2024 | 2 Years 9 Months | Current |
| Mukesh Hiralal Shah | Director | 06 Feb 2024 | 2 Years 9 Months | Current |
| Dharmesh Kanubhai Shah Also directs: Elite Multi Metals LLP | Officer In Default | 15 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
Elite Conductors Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), 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 |
|---|---|---|---|---|---|---|
| Bonson Electrical Industries India Private Limited | ₹193.12 Cr (FY 2025) | 49.0% | Delhi, India | |||
| Elite Conductors Limitedthis company | ₹184.58 Cr (FY 2025) | ₹2.38 Cr | 1.3% | 48.0% | 10 | Ahmedabad, Gujarat, India |
| Tecop India Private Limited | ₹183.04 Cr (FY 2025) | 9.0% | Delhi, India | |||
| Yamuna Cable Accessories Private Limited | ₹181.02 Cr (FY 2024) | 31.0% | New Delhi, Delhi, India |
To see the full peer comparison of Elite Conductors Limited, buy the company report.
Auditor
Elite Conductors Limited is audited by C.P. Shah & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.P. Shah & Co. | FY 2022 | 109526W |
Shareholding
The shareholding of Elite Conductors 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 Elite Conductors Limited, buy the company report.
Charges & borrowings
Open charges
₹41.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101165201 | Others | ₹28 Cr | Open | |
| 01 Sep 2023 | 100791242 | Hdfc Bank Limited | ₹74.5 Lakh | Open | |
| 15 Oct 2012 | 10385439 | State Bank of India | ₹12.55 Cr | Open |
To see the full charge records of Elite Conductors Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Elite Conductors Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹1.49 Cr; the latest was in September 2015.
Total deals
6
Funding rounds
3
Secondary share transfers
3
Disclosed funding
₹1.49 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Funding round | ₹50 Lakh | Investors: an individual |
| Aug 2012 | Funding round | ₹97.9 Lakh | Investors: 4 individuals |
| Aug 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Dharmesh Kanubhai Shah HUF, Kanubhai Shantilal Shah HUF |
To see the full deal history of Elite Conductors Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Elite Conductors Limited has 2 court cases on record: 1 filed by Elite Conductors, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR A) | Filed against the company by M/S Mascot Wires Pvt. Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against M/S Mascot Wires Pvt.Ltd. and 2 others | Disposed |
To see the full case history of Elite Conductors 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 Elite Conductors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elite Conductors Limited has a workforce of 10 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-23.08%
GST
Elite Conductors has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCE5952D1ZY | Gujarat | Active | 01 Jul 2017 |
| 24AABCE5952D1D7 | Gujarat | Active | 15 Nov 2024 |
To see the full GST registrations and return filing status of Elite Conductors Limited, buy the company report.
Recent activity
Elite Conductors Limited has 16 board changes on record since 2015: 6 appointments and 10 cessations. The latest: Jiten Hasmukhbhai Shah was appointed as Director on 06 Feb 2024.
Charges
A charge with Others amounted to Rs. 28.00 Cr with Charge ID 101165201 was registered on 30 Sep 2025.
AGM
Elite Conductors Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Elite Conductors Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 12.55 Cr registered on 15 Oct 2012 with Charge ID 10385439 was modified on 11 Oct 2024.
Appointed
Jiten Hasmukhbhai Shah was appointed as Director.
Appointed
Kanubhai Shantilal Shah was appointed as Director.
Appointed
Mukesh Hiralal Shah was appointed as Director.
Appointed
Dharmesh Kanubhai Shah was appointed as Officer In Default.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.75 Cr with Charge ID 100791242 was registered on 01 Sep 2023.
Appointed
Darshil Dharmesh Shah was appointed as Whole-Time Director.
Ceased
Kanubhai Shantilal Shah ceased to be Director.
Ceased
Amita Dharmesh Shah ceased to be Director.
11 earlier events are in the company report.
Frequently asked questions
Elite Conductors is an active public limited company based in Ahmedabad, Gujarat, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 20 March 2006 (20+ years old) and is registered under CIN U31909GJ2006PLC047953.
Elite Conductors has 6 current directors:
- Amita Dharmesh Shah - Whole-Time Director
- Darshil Dharmesh Shah - Whole-Time Director
- Jiten Hasmukhbhai Shah - Director
- Kanubhai Shantilal Shah - Director
- Mukesh Hiralal Shah - Director
- Dharmesh Kanubhai Shah - Officer In Default
The latest financial statements of Elite Conductors 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 Elite Conductors is 24AABCE5952D1ZY, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCE5952D1D7 (Gujarat).
The CIN (Corporate Identification Number) of Elite Conductors is U31909GJ2006PLC047953. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elite Conductors has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Elite Conductors was incorporated on 20 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Elite Conductors has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹1.49 Cr; the latest was in September 2015.
The peers of Elite Conductors by revenue are Bonson Electrical Industries India Private Limited, Tecop India Private Limited, Yamuna Cable Accessories Private Limited, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Jiten Hasmukhbhai Shah was appointed as Director on 06 Feb 2024. Kanubhai Shantilal Shah was appointed as Director on 06 Feb 2024. Mukesh Hiralal Shah was appointed as Director on 06 Feb 2024. Elite Conductors has 16 board changes on record in total.
Yes, Elite Conductors is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0100439).
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