About High Volt Electricals Private Limited
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High Volt Electricals Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 20 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1995PTC086616. Its GSTIN is 27AABCH7678H1Z6 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5.2 Cr and a paid-up capital of ₹4.82 Cr. It is led by directors including Miten Rajesh Shah and Nutan Rajeshkumar Shah.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at J – 46 MIDC Tarapur Indl.Estate Boisar, Thane, Maharashtra, India – 401506.
As per the financials filed for FY 2025, the company reported a revenue of ₹252.31 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹30.24 Cr (net margin 12%) and EBITDA of ₹42.99 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 9% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HVEPL. As per MCA filings, the company has open charges of ₹18.7 Cr and satisfied charges of ₹52.02 Cr on record. Court records list 18 cases involving the company, including 11 filed by the company and 7 filed against it; 5 cases are pending. The company has 13 deals on record (7 funding rounds, 6 secondary share transfers), with disclosed funding of ₹4.49 Cr; the latest was in September 2021. Its 9 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 5 larger and 4 smaller; the largest is Control Techniques India Private Limited with revenue of ₹259.5 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website highvolt.in.
Company details
Contact details
High Volt Electricals Private Limited's registered office is in Thane, Maharashtra. Its website is highvolt.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJ – 46 MIDC Tarapur Indl.Estate Boisar, Thane, Maharashtra, India – 401506
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of High Volt Electricals Private Limited, buy the company report.
- 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
Brands
High Volt Electricals operates one associated brand: HVEPL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and repairing of power, distribution, locomotive, and special purpose transformers in India. | highvolt.in |
Business activity
The main business activity of High Volt Electricals 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 High Volt Electricals Private Limited, buy the company report.
Financials of High Volt Electricals Private Limited
FY 2025 filings availableHigh Volt Electricals Private Limited reported revenue of ₹252.31 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 13% 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 | ₹42.99 Cr | ||||
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| Net Profit (PAT) | ₹30.24 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 17% | ||||
| Net Profit Margin | 12% | ||||
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To see the full financial statements and ratios of High Volt Electricals Private Limited, buy the company report.
Board of directors of High Volt Electricals Private Limited
High Volt Electricals has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Miten Rajesh Shah | Director | 04 May 2021 | 5 Years 5 Months | Current |
| Nutan Rajeshkumar Shah | Director | 30 Aug 2021 | 5 Years 2 Months | Current |
| Praful Manubhai Shah | Director | 20 Mar 1995 | 31 Years 7 Months | Current |
Peer comparison
High Volt Electricals Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Control Techniques India Private Limited | ₹259.5 Cr (FY 2024) | 32.0% | Nelamangala, Karnataka, India | |||
| Telawne Power Equipments Private Limited | ₹258.96 Cr (FY 2025) | 47.0% | Navi Mumbai, Maharashtra, India | |||
| Socomec India Private Limited | ₹258.23 Cr (FY 2025) | 25.0% | Gurgaon, Haryana, India | |||
| Popular Switchgears Private Limited | ₹258.2 Cr (FY 2025) | 41.0% | Mumbai, Maharashtra, India | |||
| Mehru Electrical and Mechanical Engineers Private Limited | ₹255.66 Cr (FY 2025) | 16.0% | Alwar, Rajasthan, India | |||
| High Volt Electricals Private Limitedthis company | ₹252.31 Cr (FY 2025) | ₹30.24 Cr | 12% | -12.0% | 67 | Thane, Maharashtra, India |
| Borgwarner Emissions Talegaon Private Limited | ₹251.47 Cr (FY 2025) | 639.0% | Pune, Maharashtra, India | |||
| Sri Savitr Solar Private Limited | ₹248.06 Cr (FY 2025) | 112.0% | Hyderabad, Telangana, India | |||
| Emr Tap Changers Private Limited | ₹246.92 Cr (FY 2025) | 20.0% | Chennai, Tamil Nadu, India | |||
| Jyoti Limited | ₹246.57 Cr (FY 2025) | 39.0% | Vadodara, Gujarat, India |
To see the full peer comparison of High Volt Electricals Private Limited, buy the company report.
Auditor
High Volt Electricals Private Limited is audited by RAMAN S SHAH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMAN S SHAH & CO | FY 2022 | 111919W |
Shareholding
The shareholding of High Volt Electricals 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 High Volt Electricals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2020 | 100399242 | Others | ₹2.7 Cr | Open | |
| 03 Oct 2017 | 100129608 | Others | ₹16 Cr | Open | |
| 04 Jun 2020 | 100339855 | Standard Chartered Bank | ₹10 Cr | Satisfied | |
| 04 Jun 2020 | 100339852 | Standard Chartered Bank | ₹50 Lakh | Satisfied | |
| 05 Apr 2019 | 100260246 | Others | ₹5 Cr | Satisfied |
To see the full charge records of High Volt Electricals Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
High Volt Electricals Private Limited has 13 deals on record (7 funding rounds, 6 secondary share transfers), with disclosed funding of ₹4.49 Cr; the latest was in September 2021.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: R.V.Shah Huf, Praful M Shah Huf, an individual |
| Mar 2016 | Funding round | ₹19.3 Lakh | Investors: 4 individuals |
| Mar 2015 | Funding round | ₹2.43 Cr | Investors: 4 individuals |
To see the full deal history of High Volt Electricals 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
High Volt Electricals Private Limited has 18 court cases on record: 11 filed by High Volt Electricals, 7 filed against it. 5 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 4 | 1 |
| High courts | 9 | 3 | 4 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by United India Insurance Co. Ltd. Etc 1 | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Hind Rectifiers Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Premier Transport Ltd | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ms Champalal Motilal Steel Co. Pvt. Ltd. | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ms.Champalal Motilal Steel Co.Pvt.Ltd. | Disposed |
To see the full case history of High Volt Electricals 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.
Credit ratings & regulatory alerts
High Volt Electricals Private Limited was last rated by Icra on 22 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 22 Oct 2021 |
To see the full credit ratings and regulatory alerts of High Volt Electricals Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for High Volt Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
High Volt Electricals Private Limited has a workforce of 67 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
High Volt Electricals has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH7678H1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of High Volt Electricals Private Limited, buy the company report.
Recent activity
High Volt Electricals Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Miten Rajesh Shah ceased to be Additional Director on 21 Sep 2021.
24 earlier events are in the company report.
Frequently asked questions
High Volt Electricals is an active private limited company based in Thane, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 20 March 1995 (31+ years old) and is registered under CIN U99999MH1995PTC086616.
High Volt Electricals has 3 current directors:
- Miten Rajesh Shah - Director
- Nutan Rajeshkumar Shah - Director
- Praful Manubhai Shah - Director
The latest financial statements of High Volt Electricals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of High Volt Electricals is 27AABCH7678H1Z6, registered in Maharashtra. 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 High Volt Electricals is U99999MH1995PTC086616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
High Volt Electricals has 18 court cases on record: 11 filed by the company and 7 filed against it. 5 are pending. Most are in the district courts.
High Volt Electricals was incorporated on 20 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
High Volt Electricals has 13 deals on record (7 funding rounds, 6 secondary share transfers), with disclosed funding of ₹4.49 Cr; the latest was in September 2021.
The peers of High Volt Electricals by revenue are Control Techniques India Private Limited, Telawne Power Equipments Private Limited, Socomec India Private Limited, Popular Switchgears Private Limited, Mehru Electrical and Mechanical Engineers Private Limited and 4 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).
Miten Rajesh Shah ceased to be Additional Director on 21 Sep 2021. Nutan Rajeshkumar Shah ceased to be Director on 20 Sep 2021. Nutan Rajeshkumar Shah was appointed as Director on 30 Aug 2021. High Volt Electricals has 6 board changes on record in total.
High Volt Electricals can be reached through the website highvolt.in. Its registered office is in Thane, Maharashtra, India.
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