About Gilard Electronics Private Limited
Data last updated:
Gilard Electronics Private Limited is a private limited company based in Punjab, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 16 May 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U31909PB1983PTC012861. Its GSTIN is 03AAACG7797F1ZI (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.9 Cr. It is led by directors including Sanjiv Singh Sethi (Managing Director) and Harmohan Singh Sethi.
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 C 132 Phase Viiiindustrial Area Sas Nagar, Punjab, India – 160071.
As per the financials filed for FY 2023, the company reported a revenue of ₹42.71 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹5.73 Cr (net margin 13.4%) and EBITDA of ₹11.31 Cr (EBITDA margin 26.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 9% over five years.
The company has about 377 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹5.63 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gilard.com.
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- Website
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- Registered AddressC 132 Phase Viiiindustrial Area Sas Nagar, Punjab, India – 160071
- IndustryAutomotive, Auto Parts & Components
- 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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Financials of Gilard Electronics Private Limited FY 2025 filings available
Gilard Electronics Private Limited reported revenue of ₹42.71 Cr (up 29% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Gilard Electronics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 29% growth in the latest year. EBITDA rose 70% 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 of Gilard Electronics Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹42.71 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.31 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.73 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 of Gilard Electronics Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gilard Electronics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Gilard Electronics Private Limited
Gilard Electronics Private Limited is audited by K.B Lal Chopra & Co.. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.B Lal Chopra & Co.. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gilard Electronics Private Limited
Gilard Electronics has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Singh Sethi Also directs: Gilard Application Programmers LLP | Managing Director | 27 Jun 1983 | 43 Years 3 Months | Current |
| Harmohan Singh Sethi | Director | 16 May 1983 | 43 Years 4 Months | Current |
| Sukhjiv Singh Sethi | Director | 27 Jun 1983 | 43 Years 3 Months | Current |
| Khushjiv Singh Sethi | Director | 27 Jun 1983 | 43 Years 3 Months | Current |
| Guneet Kaur Sethi | Director | 02 Apr 2001 | 25 Years 6 Months | Current |
| Manjiv Singh Sethi Also directs: Gilard Application Programmers LLP | Director | 10 May 2017 | 9 Years 4 Months | Current |
Ownership and Shareholding of Gilard Electronics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gilard Electronics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2020 | Sidbi | ₹50 Lakh | Satisfied |
| 28 Jul 2015 | Sidbi | ₹35 Lakh | Satisfied |
| 22 Sep 2014 | Sidbi | ₹35 Lakh | Satisfied |
| 30 Aug 2013 | Small Industries Development Bank of India | ₹35 Lakh | Satisfied |
| 23 Mar 2011 | Small Industries Development Bank of India | ₹24.5 Lakh | Satisfied |
Total charge records: 12 View all charges
Legal Cases of Gilard Electronics Private Limited
Gilard Electronics Private Limited has 8 court cases on record: 4 filed by Gilard Electronics, 4 filed against it. 1 case is pending and 7 are disposed. Status as checked between 30 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
| District courts | 3 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against an individual | Pending |
| District court, Faridabad, Haryana | Execution petition | Filed by the company against an individual | Disposed |
| District court, SAS Nagar, Punjab | Court case (CRR) | Filed against the company by Sigma Interactive India Pvt Ltd | Disposed |
| District court, SAS Nagar, Punjab | Court case (COMI) | Filed by the company against Sigma Interactive India Pvt Ltd | Disposed |
| High Court of Punjab and Haryana | Court case (XOBJL) | Filed against the company by Punjab Financial Corporation | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Gilard Electronics Private Limited
Gilard Electronics Private Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 99 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Denso Haryana Private Limited | •••• | •••• | •••• |
| Arpit Industries | •••• | •••• | •••• |
| Tipco Industries Private Limited | •••• | •••• | •••• |
| Krishna Engineering Industries | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Gilard Electronics Private Limited
Gilard Electronics Private Limited has a workforce of 377 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Gilard Electronics Private Limited
Gilard Electronics has one previous CIN (Corporate Identification Number): U31909PB1992PTC012861. The current CIN is U31909PB1983PTC012861, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31909PB1983PTC012861 | Current |
| U31909PB1992PTC012861 | Previous |
Recent Activity on Gilard Electronics Private Limited
Gilard Electronics Private Limited has 13 board changes on record since 1983: 7 appointments and 6 cessations. The latest: Harmohan Singh Sethi ceased to be Managing Director on 23 Aug 2021.
32 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gilard Electronics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gilard Electronics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gilard Electronics Private Limited
Gilard Electronics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACG7797F1ZI | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gilard Electronics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gilard Electronics Private Limited
Gilard Electronics is an active private limited company based in Punjab, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 16 May 1983 (43+ years old) and is registered under CIN U31909PB1983PTC012861.
Gilard Electronics reported revenue of ₹42.71 Cr for FY 2023 (up 29% YoY).
Gilard Electronics has 7 current directors:
- Sanjiv Singh Sethi - Managing Director
- Harmohan Singh Sethi - Director
- Sukhjiv Singh Sethi - Director
- Khushjiv Singh Sethi - Director
- Guneet Kaur Sethi - Director
- Manjiv Singh Sethi - Director
- Ishleen Kaur Sethi - Director
Gilard Electronics reported a net profit of ₹5.73 Cr (net margin 13.4%) and EBITDA of ₹11.31 Cr (EBITDA margin 26.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gilard Electronics is 25% over three years and 9% over five years. In the latest year (FY 2023) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gilard Electronics is 03AAACG7797F1ZI, 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 Gilard Electronics is U31909PB1983PTC012861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gilard Electronics has 8 court cases on record: 4 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Gilard Electronics was incorporated on 16 May 1983, making it 43+ years old. It is registered with the Registrar of Companies, Chandigarh.
Harmohan Singh Sethi ceased to be Managing Director on 23 Aug 2021. Sanjiv Singh Sethi ceased to be Director on 23 Aug 2021. Harjiv Singh Sethi ceased to be Director on 07 Dec 2020. Gilard Electronics has 13 board changes on record in total.
Gilard Electronics has 5 MSME Form 1 returns on record between 2019 and 2022, listing 99 overdue payments to 4 micro and small suppliers. The latest return was filed on 24 Oct 2022.