MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-20-0002695
Ete Electro Gears Pvt Ltd - energy and power in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.42 Cr
▼ 14% YoY
Net profit · FY 2025
₹13.2 Lakh
Net margin 0.8%
EBITDA · FY 2025
₹81.98 Lakh
EBITDA margin 5%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹25.56 Lakh
Issued & subscribed
Open charges
₹5.38 Cr
Satisfied ₹1.03 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
46
Provident fund records
About Ete Electro Gears Pvt Ltd
Data last updated:
Ete Electro Gears Pvt Ltd is a private limited company based in Chandigarh, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 22 February 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U31909CH1990PTC010119. Its GSTIN is 03AAACE6262D1Z6 (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹25.56 Lakh. It was formerly known as Ete Electrogears Private Limited. It is led by directors including Tushar Kumar Chandra and Maya Chandra.
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 Plot No. 24/8 Industrial Area Phase II, Chandigarh, India – 160101.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.42 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹13.2 Lakh (net margin 0.8%) and EBITDA of ₹81.98 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 15% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ETE Electrogears. As per MCA filings, the company has open charges of ₹5.38 Cr and satisfied charges of ₹1.03 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 3 cases are pending.
Ete Electro Gears Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0002695). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eteelectro.com.
Company details
CIN U31909CH1990PTC010119
Registration Number 010119
Incorporation Date 22 February 1990
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-20-0002695
Recognitions & Rankings of Ete Electro Gears
Contact details
Ete Electro Gears Pvt Ltd's registered office is in Chandigarh, Chandigarh. Its website is eteelectro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 24/8 Industrial Area Phase II, Chandigarh, India – 160101
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Ete Electro Gears Pvt Ltd, buy the company report.
Comprehensive company report
Ete Electro Gears Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Ete Electro Gears operates one associated brand: ETE Electrogears. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electrical panel manufacturing and services for industries including textiles and steel. | eteelectro.com |
Business activity
The main business activity of Ete Electro Gears 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 Ete Electro Gears Pvt Ltd, buy the company report.
Financials of Ete Electro Gears Pvt Ltd
FY 2025 filings availableEte Electro Gears Pvt Ltd reported revenue of ₹16.42 Cr (down 14% YoY) for FY 2025.
Revenue · FY 2025
₹16.42 Cr ▼ 14%
Net profit · FY 2025
₹13.2 Lakh margin 0.8%
EBITDA · FY 2025
₹81.98 Lakh margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 2%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 17%
5 years · compounded
▲ 5%
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 16% 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 | ₹81.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.2 Lakh | ||||
| 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 | 5% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 Ete Electro Gears Pvt Ltd, buy the company report.
Board of directors of Ete Electro Gears Pvt Ltd
Ete Electro Gears has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Kumar Chandra Also directs: Ayati Bio Fuels LLP | Director | 30 Mar 2001 | 25 Years 7 Months | Current |
| Maya Chandra | Director | 22 Feb 1990 | 36 Years 8 Months | Current |
| Tapash Kumar Chandra | Director | 06 Jun 1996 | 30 Years 5 Months | Current |
| Tirthankar Chandra | Director | 19 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Ete Electro Gears Pvt Ltd is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Umbrey Engineering Private Limited. | ₹16.5 Cr (FY 2025) | 21.0% | Bangalore, Karnataka, India | |||
| Amichand Technological Private Limited | ₹16.5 Cr (FY 2025) | 14.0% | Adityapur, Jharkhand, India | |||
| Fatehpuria Transformers and Switchgears Private Limited | ₹16.48 Cr (FY 2025) | -21.0% | Jaipur, Rajasthan, India | |||
| Elpower Control Systems Private Limited | ₹16.47 Cr (FY 2025) | 10.0% | Delhi, India | |||
| Ete Electro Gears Pvt Ltdthis company | ₹16.42 Cr (FY 2025) | ₹13.2 Lakh | 0.8% | -14.0% | 46 | Chandigarh, India |
| Durga Transformers Private Limited | ₹16.32 Cr (FY 2025) | -2.0% | Coimbatore, Tamil Nadu, India | |||
| Tamura Elcomponics Technologies Private Limited | ₹16.26 Cr (FY 2025) | -19.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Ete Electro Gears Pvt Ltd, buy the company report.
Auditor
Ete Electro Gears Pvt Ltd is audited by MITTAL & GARG for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITTAL & GARG | FY 2023 | 026354N |
Shareholding
The shareholding of Ete Electro Gears Pvt Ltd 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 Ete Electro Gears Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹5.38 Cr
Satisfied charges
₹1.03 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Apr 2022 | 100568215 | Others | ₹7.5 Lakh | Open | |
| 30 Mar 2022 | 100562480 | Others | ₹27 Lakh | Open | |
| 31 Jan 2012 | 10344287 | State Bank of India | ₹4.85 Cr | Open | |
| 15 Nov 2003 | 90180730 | State Bank of Patiala | ₹2.6 Lakh | Open | |
| 06 Feb 2002 | 90180491 | State Bank of Patiala | ₹25,000 | Open |
To see the full charge records of Ete Electro Gears Pvt Ltd, buy the company report.
Total charge records: 12 View all charges
Legal cases
Ete Electro Gears Pvt Ltd has 7 court cases on record: 4 filed by Ete Electro Gears, 3 filed against it. 3 cases are pending and 4 are disposed.
Total cases
7
Filed by the company
4
Filed against the company
3
Pending
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 2 |
| Supreme Court | 2 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed by the company against M/S Nectar Life Sciences Limited Through Its Managing Director Village Saidpura , District: Sas Nagar ,Mohali , Punjab and 16 others | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by an individual | Pending |
| District court, SAS Nagar, Punjab | Civil suit | Filed against the company by an individual | Pending |
| Supreme Court | Court case (2404_7jj-Indirect Taxation : Seven Judge Matter) | Filed by the company against The State of Punjab Department of Excise and Taxation Secretary Secretary [Cwp/2052/2002,Cwp/2767/2002,Cwp/2049/2002,Cwp/2765/2002,Cwp/2762/2002,Cwp/2711/2002,Cwp/2708/2002,Cwp/2705/2002,Cwp/2702/2002,Cwp/2691/2002,Cwp/2048/2002,Cwp/2051/2002,Cwp/2766/2002,Cwp/2764/2002,Cwp/2761/2002,Cwp/2710/2002,Cwp/2707/2002,Cwp/2703/2002,Cwp/2701/2002,Cwp/2692/2002]Chandigarh , , Chandigarh and 1 other | Pending |
| District court, SAS Nagar, Punjab | Cheque dishonour complaint | Filed by the company against Metallic Enterprises | Disposed |
To see the full case history of Ete Electro Gears Pvt Ltd, 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 Ete Electro Gears Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ete Electro Gears Pvt Ltd has a workforce of 46 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Employee growth
-2.13%
GST
Ete Electro Gears has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACE6262D1Z6 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ete Electro Gears Pvt Ltd, buy the company report.
Recent activity
Ete Electro Gears Pvt Ltd has 4 board changes on record since 1990: 4 appointments. The latest: Tirthankar Chandra was appointed as Director on 19 Mar 2022.
AGM
Ete Electro Gears Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ete Electro Gears Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with State Bank Of India of Rs. 485.00 Lakh registered on 31 Jan 2012 with Charge ID 10344287 was modified on 09 Apr 2024.
Charges
A charge registered on 21 Jun 2018 via Charge ID 100209590 with Hdfc Bank Limited was fully satisfied on 23 Mar 2024.
Charges
A charge with Others amounted to Rs. 7.50 Lakh with Charge ID 100568215 was registered on 02 Apr 2022.
Charges
A charge with Others amounted to Rs. 27.00 Lakh with Charge ID 100562480 was registered on 30 Mar 2022.
Appointed
Tirthankar Chandra was appointed as Director.
Charges
A charge registered on 22 Jun 2020 via Charge ID 100347992 with State Bank Of India was fully satisfied on 07 Feb 2022.
Charges
A charge registered on 18 Jan 2018 via Charge ID 100214843 with State Bank Of India was fully satisfied on 03 Apr 2021.
Charges
A charge with State Bank Of India amounted to Rs. 15.00 Lakh with Charge ID 100347992 was registered on 22 Jun 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.10 Lakh with Charge ID 100209590 was registered on 21 Jun 2018.
Charges
A charge with State Bank Of India amounted to Rs. 36.90 Lakh with Charge ID 100214843 was registered on 18 Jan 2018.
13 earlier events are in the company report.
Frequently asked questions
Ete Electro Gears is an active private limited company based in Chandigarh, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 22 February 1990 (36+ years old) and is registered under CIN U31909CH1990PTC010119.
Ete Electro Gears has 4 current directors:
- Tushar Kumar Chandra - Director
- Maya Chandra - Director
- Tapash Kumar Chandra - Director
- Tirthankar Chandra - Director
The latest financial statements of Ete Electro Gears on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ete Electro Gears is 03AAACE6262D1Z6, registered in Punjab. 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 Ete Electro Gears is U31909CH1990PTC010119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ete Electro Gears has 7 court cases on record: 4 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Ete Electro Gears was incorporated on 22 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Ete Electro Gears by revenue are Umbrey Engineering Private Limited, Amichand Technological Private Limited, Fatehpuria Transformers and Switchgears Private Limited, Elpower Control Systems Private Limited, Durga Transformers Private Limited and 1 more, 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).
Tirthankar Chandra was appointed as Director on 19 Mar 2022. Tushar Kumar Chandra was appointed as Director on 30 Mar 2001. Tapash Kumar Chandra was appointed as Director on 06 Jun 1996. Ete Electro Gears has 4 board changes on record in total.
Yes, Ete Electro Gears is registered as a small enterprise under Udyam registration (number: UDYAM-PB-20-0002695).
Ete Electro Gears can be reached through the website eteelectro.com. Its registered office is in Chandigarh, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages