MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0029807
Favourite Switchgear Private Limited
Favourite Switchgear Private Limited - energy and power in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹18.99 Cr
▲ 10% YoY
Net profit · FY 2025
₹12.5 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹1.01 Cr
EBITDA margin 5.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.4 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
About Favourite Switchgear Private Limited
Data last updated:
Favourite Switchgear Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 26 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31200GJ2013PTC076213. Its GSTIN is 24AACCF2452N1ZM (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kamlesh Dahyabhai Panchal (Managing Director) and Girishbhai Dahyabhai Panchal.
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 29 Suprabhat Industrial Estate O/S Dariapur Gate Bardolpura, Ahmedabad, Gujarat, India – 380001.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.99 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹12.5 Lakh (net margin 0.7%) and EBITDA of ₹1.01 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹4.4 Cr on record.
Favourite Switchgear Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0029807). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U31200GJ2013PTC076213
Registration Number 076213
Incorporation Date 26 July 2013
ROC Ahmedabad
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-GJ-01-0029807
Key People
Kamlesh Dahyabhai Panchal Managing Director Girishbhai Dahyabhai Panchal Director Mukundbhai Dahyabhai Panchal Director Recognitions & Rankings of Favourite Switchgear
Contact details
Favourite Switchgear Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address29 Suprabhat Industrial Estate O/S Dariapur Gate Bardolpura, Ahmedabad, Gujarat, India – 380001
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Favourite Switchgear Private Limited, buy the company report.
Comprehensive company report
Favourite Switchgear 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 Favourite Switchgear 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 Favourite Switchgear Private Limited, buy the company report.
Financials of Favourite Switchgear Private Limited
FY 2025 filings availableFavourite Switchgear Private Limited reported revenue of ₹18.99 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹18.99 Cr ▲ 10%
Net profit · FY 2025
₹12.5 Lakh margin 0.7%
EBITDA · FY 2025
₹1.01 Cr margin 5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 3%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 3%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 10% growth in the latest year. EBITDA rose 10% 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 |
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| Total Expenses | |||||
| EBITDA | ₹1.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.5 Lakh | ||||
| Balance Sheet | |||||
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| 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 | 5.3% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Favourite Switchgear Private Limited, buy the company report.
Board of directors of Favourite Switchgear Private Limited
Favourite Switchgear has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girishbhai Dahyabhai Panchal | Director | 26 Jul 2013 | 13 Years 3 Months | Current |
| Kamlesh Dahyabhai Panchal | Managing Director | 26 Jul 2013 | 13 Years 3 Months | Current |
| Mukundbhai Dahyabhai Panchal | Director | 26 Jul 2013 | 13 Years 3 Months | Current |
Auditor
Favourite Switchgear Private Limited is audited by R K DOSHI & CO LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K DOSHI & CO LLP | FY 2021 | 102745W |
Shareholding
The shareholding of Favourite Switchgear Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Favourite Switchgear Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 2018 | 100211928 | Hdfc Bank Limited | ₹4.4 Cr | Open |
To see the full charge records of Favourite Switchgear Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Favourite Switchgear 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
No delayed payments to MSME suppliers are on our record for Favourite Switchgear Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Favourite Switchgear has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCF2452N1ZM | Gujarat | Active | 23 May 2018 |
To see the full GST registrations and return filing status of Favourite Switchgear Private Limited, buy the company report.
Recent activity
Favourite Switchgear Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Girishbhai Dahyabhai Panchal was appointed as Director on 26 Jul 2013.
AGM
Favourite Switchgear Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Favourite Switchgear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 439.70 Lakh registered on 08 Oct 2018 with Charge ID 100211928 was modified on 18 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 439.70 Lakh with Charge ID 100211928 was registered on 08 Oct 2018.
Appointed
Girishbhai Dahyabhai Panchal was appointed as Director.
Appointed
Kamlesh Dahyabhai Panchal was appointed as Managing Director.
Appointed
Mukundbhai Dahyabhai Panchal was appointed as Director.
Incorporation
26 Jul 2013
Favourite Switchgear Private Limited was registered on 26 Jul 2013 with Roc Ahmedabad & aged 13 years 3 months as per MCA records.
Frequently asked questions
Favourite Switchgear is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 26 July 2013 (13+ years old) and is registered under CIN U31200GJ2013PTC076213.
Favourite Switchgear has 3 current directors:
- Kamlesh Dahyabhai Panchal - Managing Director
- Girishbhai Dahyabhai Panchal - Director
- Mukundbhai Dahyabhai Panchal - Director
The latest financial statements of Favourite Switchgear 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 Favourite Switchgear is 24AACCF2452N1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Favourite Switchgear is U31200GJ2013PTC076213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Favourite Switchgear was incorporated on 26 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Girishbhai Dahyabhai Panchal was appointed as Director on 26 Jul 2013. Kamlesh Dahyabhai Panchal was appointed as Managing Director on 26 Jul 2013. Mukundbhai Dahyabhai Panchal was appointed as Director on 26 Jul 2013.
Yes, Favourite Switchgear is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0029807).
The registered office of Favourite Switchgear is at 29 Suprabhat Industrial Estate OS Dariapur Gate Bardolpura, Ahmedabad, Gujarat, India – 380001.
Favourite Switchgear operates in the energy and power industry, in the power equipment manufacturers segment.
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