About Hivoltrans Electricals Pvt Ltd
Data last updated:
Hivoltrans Electricals Pvt Ltd is a private limited company based in Halol, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 24 May 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ1982PTC005227. Its GSTIN is 24AAACH5095B1ZY (Gujarat).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹46.55 Lakh. It is led by directors including Amit Hrishikesh Roychowdhury (Whole-Time Director) and Ghanshyam Vitthal Akre (Whole-Time Director).
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 2203 G.I.D.C. Industrial Estate, Halol, Gujarat, India – 389350.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.39 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹62.19 Lakh (net margin 5%) and EBITDA of ₹1.99 Cr (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.53 Cr and satisfied charges of ₹3 Cr on record. Court records list 15 cases involving the company, including 2 filed by the company and 13 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in April 2014. Its 10 peer companies in the Power industry (Power Equipment Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Electro Volt Equipments Pvt Ltd with revenue of ₹8.58 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 vishalgroup.in.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2203 G.I.D.C. Industrial Estate, Halol, Gujarat, India – 389350
- 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 Hivoltrans Electricals Pvt Ltd
The main business activity of Hivoltrans Electricals 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 Hivoltrans Electricals Pvt Ltd FY 2025 filings available
Hivoltrans Electricals Pvt Ltd reported revenue of ₹12.39 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hivoltrans Electricals Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 44% growth 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 Hivoltrans Electricals Pvt Ltd
| 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 | ₹1.99 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹62.19 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 Hivoltrans Electricals Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5% | •••• | •••• | •••• | •••• |
| 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 Hivoltrans Electricals 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 Hivoltrans Electricals Pvt Ltd
Hivoltrans Electricals Pvt Ltd 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 |
|---|---|---|---|---|---|---|
| Hivoltrans Electricals Pvt Ltd this company | ₹12.39 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Halol, Gujarat, India |
| Electro Volt Equipments Pvt Ltd | ₹8.58 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Howrah, West Bengal, India |
| Saitech Electrical Private Limited | ₹8.57 Cr (FY 2025) | •••• | •••• | 137.0% | •••• | Pune, Maharashtra, India |
| Gemco Controls Limited | ₹8.57 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Optimum Power Solution Private Limited | ₹8.56 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Sheltronics Control Systems Private Limited | ₹8.54 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Coimbatore, Tamil Nadu, India |
| Aguerri Industries Private Limited | ₹8.53 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Hca Engineering Private Limited | ₹8.53 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| Venkateswara Suppliers Private Limited | ₹8.49 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Palakkad, Kerala, India |
| Mpower Composites Private Limited | ₹8.49 Cr (FY 2025) | •••• | •••• | 87.0% | •••• | Vaghodia, Gujarat, India |
| Switch Build Engineers (India) Private Ltd | ₹8.47 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hivoltrans Electricals 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 Hivoltrans Electricals Pvt Ltd
Hivoltrans Electricals Pvt Ltd is audited by MEHTA LODHA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MEHTA LODHA & 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 Hivoltrans Electricals Pvt Ltd
Hivoltrans Electricals has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Hrishikesh Roychowdhury | Whole-Time Director | 24 May 1982 | 44 Years 4 Months | Current |
| Sharad Khattar Also directs: New Electro Metallics Private Limited, Vishal Smart Electric Private Limited, Vishal Electro Power Private Limited and 1 more | Director | 24 Apr 2014 | 12 Years 5 Months | Current |
| Ghanshyam Vitthal Akre | Whole-Time Director | 24 May 1982 | 44 Years 4 Months | Current |
| Shitij Khattar | Director | 24 Apr 2014 | 12 Years 5 Months | Current |
Ownership and Shareholding of Hivoltrans Electricals Pvt Ltd
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 Hivoltrans Electricals Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Mar 1993 | Others | ₹10.53 Cr | Open |
| 01 Mar 2019 | Others | ₹3 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Hivoltrans Electricals Pvt Ltd
Hivoltrans Electricals Pvt Ltd has 1 deal on record (1 acquisition); the latest was in April 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2014 | Acquisition | Undisclosed | Buyer: Vishal Electro Power Private Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Hivoltrans Electricals Pvt Ltd
Hivoltrans Electricals Pvt Ltd has 15 court cases on record: 2 filed by Hivoltrans Electricals, 13 filed against it. 2 cases are pending and 13 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 12 | 2 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Execution petition | Filed against the company by Usha Amorphous Metals Private Limited | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by Gupta Power Infrastructure Limited | Pending |
| District court, Panchmahal at Godhra, Gujarat | Court case (EXE R) | Filed against the company by Mehta Tubes Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Mehta Tubes Limited | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Assistant Provident Fund Commissioner | Disposed |
Full case history
All 15 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.
Employees and EPFO Compliance at Hivoltrans Electricals Pvt Ltd
Hivoltrans Electricals Pvt Ltd has a workforce of 40 employees as of Oct 10, 2025.
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 Hivoltrans Electricals Pvt Ltd
Hivoltrans Electricals Pvt Ltd has 8 board changes on record since 1982: 4 appointments and 4 cessations. The latest: Suresh Kumar Khattar ceased to be Director on 27 Nov 2018.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hivoltrans Electricals Pvt Ltd
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 Hivoltrans Electricals Pvt Ltd
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 Hivoltrans Electricals Pvt Ltd
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 Hivoltrans Electricals Pvt Ltd
Hivoltrans Electricals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH5095B1ZY | Gujarat | 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 Hivoltrans Electricals Pvt Ltd
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 Hivoltrans Electricals Pvt Ltd
Hivoltrans Electricals is an active private limited company based in Halol, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 24 May 1982 (44+ years old) and is registered under CIN U31909GJ1982PTC005227.
Hivoltrans Electricals reported revenue of ₹12.39 Cr for FY 2025 (up 44% YoY).
Hivoltrans Electricals has 4 current directors:
- Amit Hrishikesh Roychowdhury - Whole-Time Director
- Ghanshyam Vitthal Akre - Whole-Time Director
- Sharad Khattar - Director
- Shitij Khattar - Director
Hivoltrans Electricals reported a net profit of ₹62.19 Lakh (net margin 5%) and EBITDA of ₹1.99 Cr (EBITDA margin 16.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hivoltrans Electricals is 15% over three years. In the latest year (FY 2025) revenue rose 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hivoltrans Electricals is 24AAACH5095B1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Hivoltrans Electricals is U31909GJ1982PTC005227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hivoltrans Electricals has 15 court cases on record: 2 filed by the company and 13 filed against it. 2 are pending. Most are in the district courts.
Hivoltrans Electricals was incorporated on 24 May 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hivoltrans Electricals has 1 deal on record (1 acquisition); the latest was in April 2014.
The peers of Hivoltrans Electricals by revenue are Electro Volt Equipments Pvt Ltd, Saitech Electrical Private Limited, Gemco Controls Limited, Optimum Power Solution Private Limited, Sheltronics Control Systems Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).