MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-20-0018476
Essvee Wires India Private Limited - manufacturing in Salem, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹153.22 Cr
▲ 8% YoY
Net profit · FY 2025
₹1.08 Cr
Net margin 0.7%
EBITDA · FY 2025
₹5.48 Cr
EBITDA margin 3.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹59.04 Lakh
Issued & subscribed
Open charges
₹43.1 Cr
Satisfied ₹15.58 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
23
Provident fund records
About Essvee Wires India Private Limited
Data last updated:
Essvee Wires India Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 08 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U51909TZ2004PTC011085. Its GSTIN is 33AAICS7969M1ZI (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹59.04 Lakh. It was formerly known as Shah Vikaas Wires Tamilnadu Private Limited. It is led by directors including Vikas Kanubai Shah (Managing Director) and Jyothi Vikas Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.6 Womens Industrial Estate Omalur Tk Karuppur, Salem, Tamil Nadu, India – 636012.
As per the financials filed for FY 2025, the company reported a revenue of ₹153.22 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.08 Cr (net margin 0.7%) and EBITDA of ₹5.48 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 20% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹43.1 Cr and satisfied charges of ₹15.58 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Essvee Wires India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-20-0018476). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website essveewires.com.
Company details
CIN U51909TZ2004PTC011085
Registration Number 011085
Incorporation Date 08 April 2004
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-20-0018476
Key People
Vikas Kanubai Shah Managing Director Jyothi Vikas Shah Director Harni Vikas Shah Director Recognitions & Rankings of Essvee Wires India
Contact details
Essvee Wires India Private Limited's registered office is in Salem, Tamil Nadu. Its website is essveewires.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.6 Womens Industrial Estate Omalur Tk Karuppur, Salem, Tamil Nadu, India – 636012
- IndustryManufacturing, Cable & Wire
To see the full contact details of Essvee Wires India Private Limited, buy the company report.
Comprehensive company report
Essvee Wires 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 activities of Essvee Wires India are manufacturing, electricity, gas, steam and air condition supply and support service to organizations. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, electric power generation, transmission and distribution and other support services to organizations. 3 activity segments are registered with the MCA.
| 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 | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Essvee Wires India Private Limited, buy the company report.
Financials of Essvee Wires India Private Limited
FY 2024 filings availableEssvee Wires India Private Limited reported revenue of ₹153.22 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹153.22 Cr ▲ 8%
Net profit · FY 2025
₹1.08 Cr margin 0.7%
EBITDA · FY 2025
₹5.48 Cr margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 18%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 37%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 8% growth in the latest year. EBITDA rose 61% 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 | ₹5.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.08 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 | 3.6% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Essvee Wires India Private Limited, buy the company report.
Board of directors of Essvee Wires India Private Limited
Essvee Wires India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyothi Vikas Shah | Director | 08 Apr 2004 | 22 Years 7 Months | Current |
| Vikas Kanubai Shah Also directs: Copral Energy Private Limited | Managing Director | 09 Jun 2012 | 14 Years 5 Months | Current |
| Harni Vikas Shah | Director | 01 Oct 2024 | 2 Years 1 Months | Current |
Peer comparison
Essvee Wires India Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Yingtong Electronic Technology India Private Limited | ₹159.1 Cr (FY 2024) | 45.0% | Noida, Uttar Pradesh, India | |||
| Adela Electricals Private Limited | ₹158.97 Cr (FY 2025) | 87.0% | Delhi, India | |||
| Ebullient Cables Private Limited | ₹153.53 Cr (FY 2024) | 395.0% | Ghaziabad, Uttar Pradesh, India | |||
| Essvee Wires India Private Limitedthis company | ₹153.22 Cr (FY 2025) | ₹1.08 Cr | 0.7% | 8.0% | 23 | Salem, Tamil Nadu, India |
| Centurion Power Cables Private Limited | ₹152.62 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Vi-Son Wires Private Limited | ₹151.03 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Essvee Wires India Private Limited, buy the company report.
Auditor
Essvee Wires India Private Limited is audited by ELANGOVAN & NATARAJAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ELANGOVAN & NATARAJAN | FY 2023 | 000799S |
Shareholding
The shareholding of Essvee Wires 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Essvee Wires India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹43.1 Cr
Satisfied charges
₹15.58 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2025 | 101207032 | Sidbi | ₹2 Cr | Open | |
| 01 Jul 2025 | 101125923 | Others | ₹80 Lakh | Open | |
| 31 Dec 2024 | 101030983 | Others | ₹2 Cr | Open | |
| 16 Nov 2023 | 100813229 | Others | ₹1.1 Cr | Open | |
| 23 Jun 2023 | 100778605 | Hdfc Bank Limited | ₹10 Lakh | Open |
To see the full charge records of Essvee Wires India Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Essvee Wires India Private Limited has 1 court case on record: 1 filed by Essvee Wires India. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Salem, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Essvee Wires India 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 Essvee Wires India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Essvee Wires India Private Limited has a workforce of 23 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
23
Active EPFO establishments
1
Employee growth
15%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 23 |
| 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 | |
| FY 2015-16 |
To see the full employee and EPFO history of Essvee Wires India Private Limited, buy the company report.
GST
Essvee Wires India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICS7969M1ZI | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Essvee Wires India Private Limited, buy the company report.
Recent activity
Essvee Wires India Private Limited has 8 board changes on record since 2004: 3 appointments and 5 cessations. The latest: Harni Vikas Shah was appointed as Director on 01 Oct 2024.
Charges
A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 101207032 was registered on 23 Dec 2025.
Charges
A charge registered on 03 May 2024 via Charge ID 100926385 with Karnataka Bank Ltd. was fully satisfied on 05 Nov 2025.
Charges
A charge registered on 08 Nov 2018 via Charge ID 100213817 with Sidbi was fully satisfied on 23 Jul 2025.
Charges
A charge with Others amounted to Rs. 0.80 Cr with Charge ID 101125923 was registered on 01 Jul 2025.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101030983 was registered on 31 Dec 2024.
Appointed
Harni Vikas Shah was appointed as Director.
AGM
Essvee Wires India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 01 Jun 2020 via Charge ID 100338217 with Sidbi was fully satisfied on 07 Jun 2024.
Charges
A charge registered on 29 Sep 2021 via Charge ID 100499555 with Karnataka Bank Ltd. was fully satisfied on 04 Jun 2024.
Charges
A charge registered on 29 Jun 2020 via Charge ID 100347907 with Karnataka Bank Ltd. was fully satisfied on 04 Jun 2024.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 4.98 Cr with Charge ID 100926385 was registered on 03 May 2024.
Filing
Essvee Wires India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
23 earlier events are in the company report.
Frequently asked questions
Essvee Wires India is an active private limited company based in Salem, Tamil Nadu, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 08 April 2004 (22+ years old) and is registered under CIN U51909TZ2004PTC011085.
Essvee Wires India has 3 current directors:
- Vikas Kanubai Shah - Managing Director
- Jyothi Vikas Shah - Director
- Harni Vikas Shah - Director
The latest financial statements of Essvee Wires India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Essvee Wires India is 33AAICS7969M1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Essvee Wires India is U51909TZ2004PTC011085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essvee Wires India has 1 court case on record: 1 filed by the company. 1 is pending.
Essvee Wires India was incorporated on 08 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Essvee Wires India by revenue are Yingtong Electronic Technology India Private Limited, Adela Electricals Private Limited, Ebullient Cables Private Limited, Centurion Power Cables Private Limited, Vi-Son Wires 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).
Harni Vikas Shah was appointed as Director on 01 Oct 2024. Kanu Bhai Shah Alkesh Shah ceased to be Director on 06 Aug 2012. Nimisha Manishkumar Shah ceased to be Director on 06 Aug 2012. Essvee Wires India has 8 board changes on record in total.
Yes, Essvee Wires India is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-20-0018476).
Essvee Wires India can be reached through the website essveewires.com. Its registered office is in Salem, Tamil Nadu, India.
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