Fortune MNC 500 India 2026 edition
Rank#477- Total income
- ₹242 Cr
- Profit
- ₹24 Cr
Last year #463
Hager Electro Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹233.11 Cr
▼ 4% YoY
Net profit · FY 2025
₹19.69 Cr
Net margin 8.4%
EBITDA · FY 2025
₹31.68 Cr
EBITDA margin 13.6%
Authorised capital
₹55 Cr
Registered with MCA
Paid-up capital
₹43.27 Cr
Issued & subscribed
Company age
19 yrs
Est. 2007
Employees · EPFO
153
Provident fund records
Directors on board
2
As per MCA filings
About Hager Electro Private Limited
Data last updated:
Hager Electro Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Hager Electro S.A.S.. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 02 January 2007 and has been in existence for over 19 years.
Hager Electro is ranked #477 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31909PN2007PTC130863. Its GSTIN is 27AABCH7896K1ZV (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹43.27 Cr. It is led by directors Atulya Chandra (Managing Director) and Johannes Theodorus Gerardus Zondag.
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 Gat No 185 Global Industrial Park, Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹233.11 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹19.69 Cr (net margin 8.4%) and EBITDA of ₹31.68 Cr (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 11% over five years.
The company has about 153 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hager Group. Court records list 39 cases involving the company, including 21 filed by the company and 18 filed against it; 12 cases are pending. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹37.54 Cr; the latest was in February 2016. The company has 44 MSME Form 1 returns on record between 2015 and 2024, listing 2,472 overdue payments to 83 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hager.co.in.
Company details
CIN U31909PN2007PTC130863
Registration Number 130863
Incorporation Date 02 January 2007
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Hager Electro S.A.S.
Compliance Status Active Compliant
CIN history
Hager Electro has one previous CIN (Corporate Identification Number): U31909MH2007PTC166648. The current CIN is U31909PN2007PTC130863, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31909PN2007PTC130863 | Current |
| U31909MH2007PTC166648 | Previous |
Recognitions & Rankings of Hager Electro
Contact details
Hager Electro Private Limited's registered office is in Pune, Maharashtra. Its website is hager.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGat No 185 Global Industrial Park Alandi – Ahmednagar Road Phulgaon Tal Ha, Veli, Pune, Maharashtra, India – 412216
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Hager Electro Private Limited, buy the company report.
Comprehensive company report
Hager Electro 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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Brands
Hager Electro operates one associated brand: Hager Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers electrical installation solutions for energy distribution, cable management, and building automation globally. | hagergroup.com |
Business activity
The main business activities of Hager Electro are manufacturing and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and wholesale trading. 2 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 | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hager Electro Private Limited, buy the company report.
Financials of Hager Electro Private Limited
FY 2024 filings availableHager Electro Private Limited reported revenue of ₹233.11 Cr (down 4% YoY) for FY 2025.
Revenue · FY 2025
₹233.11 Cr ▼ 4%
Net profit · FY 2025
₹19.69 Cr margin 8.4%
EBITDA · FY 2025
₹31.68 Cr margin 13.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 3%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 5%
5 years · compounded
▲ 19%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 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 |
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| EBITDA | ₹31.68 Cr | ||||
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| Net Profit (PAT) | ₹19.69 Cr | ||||
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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 | 13.6% | ||||
| Net Profit Margin | 8.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hager Electro Private Limited, buy the company report.
Board of directors of Hager Electro Private Limited
Hager Electro has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Johannes Theodorus Gerardus Zondag | Director | 02 Sep 2020 | 6 Years 1 Months | Current |
| Atulya Chandra | Managing Director | 01 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Hager Electro Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Hager Electro 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 Hager Electro Private Limited, buy the company report.
Deals & funding
Hager Electro Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹37.54 Cr; the latest was in February 2016.
Total deals
6
Funding rounds
3
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹37.54 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Funding round | ₹11.6 Cr | Investors: an individual |
| Feb 2016 | Rights issue | ₹10 Cr | Investors: an individual |
| Jun 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2008 | Funding round | ₹13 Cr | Investors: an individual |
| Feb 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
To see the full deal history of Hager Electro Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hager Electro Private Limited has 39 court cases on record: 21 filed by Hager Electro, 18 filed against it. 12 cases are pending and 27 are disposed.
Total cases
39
Filed by the company
21
Filed against the company
18
Pending
12
Disposed
27
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 17 | 12 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Sterling and Wilson Pvt. Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Sushron Electronics Pvt Ltd and 2 others | Pending |
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed against the company by Kuoni Travel India Pvt. Ltd. Through Mr. Nilesh Shashikant Sawant | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against S N Electel Pvt Ltd and 2 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Bhaskara Sree Ramakrishna Jeedigunta Proprietor of JMR Technical Services | Pending |
To see the full case history of Hager Electro 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
Hager Electro Private Limited has 44 MSME Form 1 returns on record between 2015 and 2024, listing 2,472 overdue payments to 83 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 83)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pravin Industries | |||
| Raghmohan Industries | |||
| Abhi Impact Logistics Solutions Private Limited | |||
| Unity Facilities Private Limited | |||
| Elite Corporate Consultants Private Limited |
To see the full MSME payment records of Hager Electro Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hager Electro Private Limited has a workforce of 153 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
153
Active EPFO establishments
1
Employee growth
11.68%
GST
Hager Electro has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH7896K1ZV | Maharashtra | Active | 01 Jul 2017 |
| 07AABCH7896K1ZX | Delhi | Active | 12 Sep 2017 |
To see the full GST registrations and return filing status of Hager Electro Private Limited, buy the company report.
Recent activity
Hager Electro Private Limited has 13 board changes on record since 2011: 2 appointments and 11 cessations. The latest: Sophie Louise Jeanne Lucie Breton ceased to be Additional Director on 29 Dec 2021.
AGM
Hager Electro Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hager Electro Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Sophie Louise Jeanne Lucie Breton ceased to be Additional Director.
Ceased
Wenjia Yan ceased to be Additional Director.
Ceased
Vishal Balasaheb Shelke ceased to be Company Secretary.
Ceased
Johannes Theodorus Gerardus Zondag ceased to be Additional Director.
Ceased
Geraldine Valerie Stahl Ciotta ceased to be Director.
Appointed
Johannes Theodorus Gerardus Zondag was appointed as Director.
Ceased
Ralf Michael Swoboda ceased to be Additional Director.
Ceased
Jacques Jean Philippe Klethi ceased to be Director.
Appointed
Atulya Chandra was appointed as Managing Director.
Ceased
Atulya Chandra ceased to be Additional Director.
4 earlier events are in the company report.
News
Frequently asked questions
Hager Electro is an active private limited company based in Pune, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 02 January 2007 (19+ years old) and is registered under CIN U31909PN2007PTC130863.
Hager Electro has 2 current directors:
- Atulya Chandra - Managing Director
- Johannes Theodorus Gerardus Zondag - Director
The latest financial statements of Hager Electro 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 Hager Electro is 27AABCH7896K1ZV, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 07AABCH7896K1ZX (Delhi).
The CIN (Corporate Identification Number) of Hager Electro is U31909PN2007PTC130863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hager Electro has 39 court cases on record: 21 filed by the company and 18 filed against it. 12 are pending. Most are in the district courts.
Hager Electro was incorporated on 02 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Hager Electro has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹37.54 Cr; the latest was in February 2016.
Sophie Louise Jeanne Lucie Breton ceased to be Additional Director on 29 Dec 2021. Wenjia Yan ceased to be Additional Director on 29 Dec 2021. Vishal Balasaheb Shelke ceased to be Company Secretary on 30 Jul 2021. Hager Electro has 13 board changes on record in total.
Hager Electro has 44 MSME Form 1 returns on record between 2015 and 2024, listing 2,472 overdue payments to 83 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Hager Electro can be reached through the website hager.co.in. Its registered office is in Pune, Maharashtra, India.