MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0009753
Enpay Transformer Components India Private Limited - energy and power in Savli, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹303.48 Cr
▲ 44% YoY
Net profit · FY 2025
₹41.65 Cr
Net margin 13.7%
EBITDA · FY 2025
₹64.05 Cr
EBITDA margin 21.1%
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹35.93 Cr
Issued & subscribed
Open charges
₹41 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
338
Provident fund records
About Enpay Transformer Components India Private Limited
Data last updated:
Enpay Transformer Components India Private Limited is a foreign private limited company based in Savli, Gujarat, India, a subsidiary of Enpay Endustriyel Pazarlama Ve Yatrim A.S. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 20 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29268GJ2009FTC064602. Its GSTIN is 24AACCE2260M1ZR (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹35.93 Cr. It is led by directors including Nitinkumar Shankarlal Dave (Managing Director) and Murat Selim Yurekten.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 112 Manjusar GIDC Village: Alindra Post – Lamdapura, Savli, Gujarat, India – 391775.
As per the financials filed for FY 2025, the company reported a revenue of ₹303.48 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹41.65 Cr (net margin 13.7%) and EBITDA of ₹64.05 Cr (EBITDA margin 21.1%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 30% over five years.
The company has about 338 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ENPAY. As per MCA filings, the company has open charges of ₹41 Cr on record. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹86.52 Cr; the latest was in December 2012. Its 4 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 2 smaller; the largest is Tulika Appliances Private Limited with revenue of ₹306.16 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2020, listing 262 overdue payments to 53 micro and small suppliers.
Enpay Transformer Components India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0009753). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website enpay.com.
Company details
CIN U29268GJ2009FTC064602
Registration Number 064602
Incorporation Date 20 August 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Enpay Endustriyel Pazarlama Ve Yatrim A.S
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0009753
CIN history
Enpay Transformer Components India has one previous CIN (Corporate Identification Number): U29268MH2009FTC195084. The current CIN is U29268GJ2009FTC064602, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29268GJ2009FTC064602 | Current |
| U29268MH2009FTC195084 | Previous |
Key People
Nitinkumar Shankarlal Dave Managing Director Murat Selim Yurekten Director Asimkumar Bhattacharya Director Recognitions & Rankings of Enpay Transformer Components India
Contact details
Enpay Transformer Components India Private Limited's registered office is in Savli, Gujarat. Its website is enpay.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 112 Manjusar GIDC Village: Alindra Post – Lamdapura, Savli, Gujarat, India – 391775
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Enpay Transformer Components India Private Limited, buy the company report.
Comprehensive company report
Enpay Transformer Components India 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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Business activity
The main business activity of Enpay Transformer Components India 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 Enpay Transformer Components India Private Limited, buy the company report.
Financials of Enpay Transformer Components India Private Limited
FY 2025 filings availableEnpay Transformer Components India Private Limited reported revenue of ₹303.48 Cr (up 44% YoY) for FY 2025.
Revenue · FY 2025
₹303.48 Cr ▲ 44%
Net profit · FY 2025
₹41.65 Cr margin 13.7%
EBITDA · FY 2025
₹64.05 Cr margin 21.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 28%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▲ 103%
3 years · compounded
▲ 49%
5 years · compounded
▲ 100%
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 44% growth in the latest year. EBITDA rose 103% 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 | ₹64.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41.65 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.1% | ||||
| Net Profit Margin | 13.7% | ||||
| 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 Enpay Transformer Components India Private Limited, buy the company report.
Board of directors of Enpay Transformer Components India Private Limited
Enpay Transformer Components India has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murat Selim Yurekten | Director | 20 Aug 2009 | 17 Years 2 Months | Current |
| Nitinkumar Shankarlal Dave | Managing Director | 01 Jul 2024 | 2 Years 4 Months | Current |
| Asimkumar Bhattacharya | Director | 26 Sep 2014 | 12 Years 1 Months | Current |
| Emrah Halim Yurekten | Director | 28 Mar 2013 | 13 Years 7 Months | Current |
Peer comparison
Enpay Transformer Components India 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 |
|---|---|---|---|---|---|---|
| Tulika Appliances Private Limited | ₹306.16 Cr (FY 2025) | 71.0% | New Delhi, Delhi, India | |||
| Kanohar Electricals Limited | ₹304.52 Cr (FY 2024) | -3.0% | Meerut, Uttar Pradesh, India | |||
| Enpay Transformer Components India Private Limitedthis company | ₹303.48 Cr (FY 2025) | ₹41.65 Cr | 13.7% | 44.0% | 338 | Savli, Gujarat, India |
| Lucy Electric Manufacturing and Technologies India Private Limited | ₹297.06 Cr (FY 2025) | 36.0% | Halol, Gujarat, India | |||
| Elmex Electric Private Limited | ₹293.43 Cr (FY 2025) | 30.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Enpay Transformer Components India Private Limited, buy the company report.
Auditor
Enpay Transformer Components India Private Limited is audited by N. C. Vaishnav & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. C. Vaishnav & Co. | FY 2023 | 112712W |
Shareholding
The shareholding of Enpay Transformer Components India 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 Enpay Transformer Components India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹41 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jan 2024 | 100858226 | Axis Bank Limited | ₹41 Cr | Open |
To see the full charge records of Enpay Transformer Components India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Enpay Transformer Components India Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹86.52 Cr; the latest was in December 2012.
Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹86.52 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2012 | Funding round | ₹57.86 Cr | Investors: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Nov 2010 | Funding round | ₹10.8 Cr | Investors: an individual |
| Feb 2010 | Funding round | ₹17.86 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Enpay Transformer Components India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Enpay Transformer Components India Private Limited has 5 MSME Form 1 returns on record between 2019 and 2020, listing 262 overdue payments to 53 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 53)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Armtech Computer Services Private Limited | |||
| M.K.Ceramics | |||
| Indian Agencies | |||
| an individual supplier |
To see the full MSME payment records of Enpay Transformer Components India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Enpay Transformer Components India Private Limited has a workforce of 338 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
338
Active EPFO establishments
1
Employee growth
9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 338 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Enpay Transformer Components India Private Limited, buy the company report.
GST
Enpay Transformer Components India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCE2260M1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Enpay Transformer Components India Private Limited, buy the company report.
Recent activity
Enpay Transformer Components India Private Limited has 11 board changes on record since 2009: 4 appointments and 7 cessations. The latest: Nitinkumar Shankarlal Dave was appointed as Managing Director on 01 Jul 2024.
AGM
Enpay Transformer Components India Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 41.00 Cr registered on 12 Jan 2024 with Charge ID 100858226 was modified on 19 Apr 2025.
Filing
Enpay Transformer Components India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Nitinkumar Shankarlal Dave was appointed as Managing Director.
Ceased
Nitinkumar Shankarlal Dave ceased to be Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 41.00 Cr with Charge ID 100858226 was registered on 12 Jan 2024.
Ceased
Goutam Haridas Bhatia ceased to be Director.
Ceased
Asimkumar Bhattacharya ceased to be Director.
Appointed
Asimkumar Bhattacharya was appointed as Director.
Ceased
Rajeev Gajanan Mujumdar ceased to be Whole-Time Director.
Ceased
Javed Kavas Wykes ceased to be Whole-Time Director.
Appointed
Emrah Halim Yurekten was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Enpay Transformer Components India is an active foreign private limited company based in Savli, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 20 August 2009 (17+ years old) and is registered under CIN U29268GJ2009FTC064602.
Enpay Transformer Components India has 4 current directors:
- Nitinkumar Shankarlal Dave - Managing Director
- Murat Selim Yurekten - Director
- Asimkumar Bhattacharya - Director
- Emrah Halim Yurekten - Director
The latest financial statements of Enpay Transformer Components India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Enpay Transformer Components India is 24AACCE2260M1ZR, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Enpay Transformer Components India is U29268GJ2009FTC064602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Enpay Transformer Components India was incorporated on 20 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Enpay Transformer Components India has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹86.52 Cr; the latest was in December 2012.
The peers of Enpay Transformer Components India by revenue are Tulika Appliances Private Limited, Kanohar Electricals Limited, Lucy Electric Manufacturing and Technologies India Private Limited, Elmex Electric 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).
Nitinkumar Shankarlal Dave was appointed as Managing Director on 01 Jul 2024. Nitinkumar Shankarlal Dave ceased to be Additional Director on 01 Jul 2024. Goutam Haridas Bhatia ceased to be Director on 22 Sep 2020. Enpay Transformer Components India has 11 board changes on record in total.
Yes, Enpay Transformer Components India is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0009753).
Enpay Transformer Components India has 5 MSME Form 1 returns on record between 2019 and 2020, listing 262 overdue payments to 53 micro and small suppliers. The latest return was filed on 31 Oct 2020.
Enpay Transformer Components India can be reached through the website enpay.com. Its registered office is in Savli, Gujarat, India.
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