About Herco Transformers Limited
Data last updated:
Herco Transformers Limited is a public limited company based in Pune, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 30 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2013PLC149928. Its GSTIN is 27AADCH3302A1ZD (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.16 Cr. It is led by directors including Sanvedana Rajeev Handa and Rajeev Vedprakash Handa.
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 Sub Plot No. 8 F.P. No. 13 & 14 Ramtekad Industrial Estate, Pune, Maharashtra, India – 411028.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.51 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net loss of ₹14.28 Lakh (net margin -3.2%) and EBITDA of -₹10.59 Lakh (EBITDA margin -2.3%). Revenue has grown at a compounded annual rate (CAGR) of 964% over three years and 2% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Herco Transformers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hercotransformers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSub Plot No. 8 F.P. No. 13 & 14 Ramtekad Industrial Estate, Pune, Maharashtra, India – 411028
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Herco Transformers Limited
The main business activity of Herco Transformers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Herco Transformers Limited FY 2025 filings available
Herco Transformers Limited reported revenue of ₹4.51 Cr (up 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Herco Transformers Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 47% growth in the latest year. EBITDA fell 1% 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 Herco Transformers Limited
| 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 | -₹10.59 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.28 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 of Herco Transformers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.2% | •••• | •••• | •••• | •••• |
| 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 Herco Transformers 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.
Peer Comparison of Herco Transformers Limited
Herco Transformers Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jain Ceramic Colours and Coatings Private Limited | ₹4.53 Cr (FY 2023) | •••• | •••• | 43.0% | •••• | Rani Bazar, Bikaner, Rajasthan, India |
| Probot Infotech Private Limited | ₹4.53 Cr (FY 2024) | •••• | •••• | 211.0% | •••• | Ludhiana, Punjab, India |
| Southern Wind Farms Limited | ₹4.52 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Chennai, Tamil Nadu, India |
| Olar Electrical Private Limited | ₹4.52 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Ahmedabad, Gujarat, India |
| Capro Switchgears Company Private Limited | ₹4.52 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Herco Transformers Limited this company | ₹4.51 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Pune, Maharashtra, India |
| Electro Tech Integrators Private Limited | ₹4.51 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Nashik, Maharashtra, India |
| CPL Energy India Private Limited | ₹4.51 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Akoni Solar Energy Private Limited | ₹4.51 Cr (FY 2025) | •••• | •••• | 93.0% | •••• | Hyderabad, Telangana, India |
| Sinerco Power Systems Private Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Nashik, Maharashtra, India |
| Cefem-Tech Cse India Private Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Herco Transformers by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Herco Transformers Limited
Herco Transformers Limited is audited by R P BHIDE & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R P BHIDE & ASSOCIATES | 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 Herco Transformers Limited
Herco Transformers has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanvedana Rajeev Handa | Director | 30 Dec 2013 | 12 Years 9 Months | Current |
| Rajeev Vedprakash Handa | Director | 30 Dec 2013 | 12 Years 9 Months | Current |
| Shivang Rajeev Handa | Director | 10 Jul 2024 | 2 Years 3 Months | Current |
| Satyajeet Tukaram Ghone Also directs: Desire 4 India Private Limited | Director | 03 Jun 2014 | 12 Years 4 Months | Current |
| Shauryaraj Handa | Additional Director | 27 Dec 2024 | 1 Years 9 Months | Current |
| Shagun Rajeev Handa | Additional Director | 27 Dec 2024 | 1 Years 9 Months | Current |
Ownership and Shareholding of Herco Transformers 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 Herco Transformers Limited
Herco Transformers Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Herco Transformers Limited
Herco Transformers operates one associated brand: Herco Transformers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Transformer manufacturing and engineering services in the energy sector. | hercotransformers.com |
Employees and EPFO Compliance at Herco Transformers Limited
Herco Transformers Limited has a workforce of 31 employees as of Apr 01, 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.
Recent Activity on Herco Transformers Limited
Herco Transformers Limited has 8 board changes on record since 2013: 6 appointments and 2 cessations. The latest: Shagun Rajeev Handa was appointed as Additional Director on 27 Dec 2024.
Credit Ratings, Litigation & Regulatory Alerts for Herco Transformers 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.
MSME Payment Delays by Herco Transformers Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Herco Transformers 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 Herco Transformers Limited
Herco Transformers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH3302A1ZD | Maharashtra | 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 Herco Transformers 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.
Related news about Herco Transformers Limited
Frequently Asked Questions about Herco Transformers Limited
Herco Transformers is an active public limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 30 December 2013 (13+ years old) and is registered under CIN U74999PN2013PLC149928.
Herco Transformers reported revenue of ₹4.51 Cr for FY 2025 (up 47% YoY).
Herco Transformers has 6 current directors:
- Sanvedana Rajeev Handa - Director
- Rajeev Vedprakash Handa - Director
- Shivang Rajeev Handa - Director
- Satyajeet Tukaram Ghone - Director
- Shauryaraj Handa - Additional Director
- Shagun Rajeev Handa - Additional Director
Herco Transformers reported a net loss of ₹14.28 Lakh (net margin -3.2%) and EBITDA of -₹10.59 Lakh (EBITDA margin -2.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Herco Transformers is 964% over three years and 2% over five years. In the latest year (FY 2025) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Herco Transformers is 27AADCH3302A1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Herco Transformers is U74999PN2013PLC149928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Herco Transformers was incorporated on 30 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Herco Transformers by revenue are Jain Ceramic Colours and Coatings Private Limited, Probot Infotech Private Limited, Southern Wind Farms Limited, Olar Electrical Private Limited, Capro Switchgears Company Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Shagun Rajeev Handa was appointed as Additional Director on 27 Dec 2024. Shauryaraj Handa was appointed as Additional Director on 27 Dec 2024. Shivang Rajeev Handa was appointed as Director on 10 Jul 2024. Herco Transformers has 8 board changes on record in total.
Herco Transformers can be reached through the website hercotransformers.com. Its registered office is in Pune, Maharashtra, India.