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Kaizen Electricals Private Limited - energy and power in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹33.48 Cr
▼ 36% YoY
Net profit · FY 2025
₹1.85 Cr
Net margin 5.5%
EBITDA · FY 2025
₹3.75 Cr
EBITDA margin 11.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹11.05 Cr
Satisfied ₹1.33 Cr
Company age
4 yrs
Est. 2022
Employees · EPFO
31
Provident fund records
About Kaizen Electricals Private Limited
Data last updated:
Kaizen Electricals Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 25 March 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31900GJ2022PTC130414. Its GSTIN is 24AAJCK4125A1Z3 (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Kamleshkumar Govindbhai Patel and Aartiben Kamleshkumar Patel.
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 179 181 182 & 183 Ashirvad Co. Op. Industrial Estate Naroda Road, Ahmedabad, Gujarat, India – 382345.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.48 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹1.85 Cr (net margin 5.5%) and EBITDA of ₹3.75 Cr (EBITDA margin 11.2%).
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kaizen Electricals. As per MCA filings, the company has open charges of ₹11.05 Cr and satisfied charges of ₹1.33 Cr on record.
Kaizen Electricals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0159624). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kaizenelectricals.com.
Company details
CIN U31900GJ2022PTC130414
Registration Number 130414
Incorporation Date 25 March 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0159624
Key People
Kamleshkumar Govindbhai Patel Director Aartiben Kamleshkumar Patel Director Rohitkumar Shambhubhai Patel Director Recognitions & Rankings of Kaizen Electricals
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0159624
Contact details
Kaizen Electricals Private Limited's registered office is in Ahmedabad, Gujarat. Its website is kaizenelectricals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address179 181 182 & 183 Ashirvad Co. Op. Industrial Estate Naroda Road, Ahmedabad, Gujarat, India – 382345
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Kaizen Electricals Private Limited, buy the company report.
Comprehensive company report
Kaizen Electricals 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
Kaizen Electricals operates one associated brand: Kaizen Electricals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of electrical control panels and solar controllers in India. | kaizenelectricals.com |
Business activity
The main business activity of Kaizen 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 Kaizen Electricals Private Limited, buy the company report.
Financials of Kaizen Electricals Private Limited
FY 2025 filings availableKaizen Electricals Private Limited reported revenue of ₹33.48 Cr (down 36% YoY) for FY 2025.
Revenue · FY 2025
₹33.48 Cr ▼ 36%
Net profit · FY 2025
₹1.85 Cr margin 5.5%
EBITDA · FY 2025
₹3.75 Cr margin 11.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
EBITDA CAGR growth
1 year
▼ 4%
Revenue fell 36% in the latest year. EBITDA fell 4% in the latest 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 |
|---|---|---|---|---|
| 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 | ₹3.75 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.85 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.2% | |||
| Net Profit Margin | 5.5% | |||
| 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 | ||||
To see the full financial statements and ratios of Kaizen Electricals Private Limited, buy the company report.
Board of directors of Kaizen Electricals Private Limited
Kaizen Electricals has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamleshkumar Govindbhai Patel Also directs: Kad Engitech Private Limited, Paarth Solar Pumps Private Limited | Director | 25 Mar 2022 | 4 Years 7 Months | Current |
| Aartiben Kamleshkumar Patel | Director | 25 Mar 2022 | 4 Years 7 Months | Current |
| Rohitkumar Shambhubhai Patel | Director | 08 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Kaizen Electricals Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| S G Control & Switchgear Private Limited. | ₹33.95 Cr (FY 2024) | 39.0% | New Delhi, Delhi, India | |||
| Nomax Electrical Steel Private Limited | ₹33.94 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Power Matrix Solutions Private Limited | ₹33.86 Cr (FY 2025) | -15.0% | Navi Mumbai, Maharashtra, India | |||
| Vaibhav Energy Saving Equipments Private Limited | ₹33.69 Cr (FY 2025) | 16.0% | Nashik, Maharashtra, India | |||
| Kaizen Electricals Private Limitedthis company | ₹33.48 Cr (FY 2025) | ₹1.85 Cr | 5.5% | -36.0% | 31 | Ahmedabad, Gujarat, India |
| Dharia Switchgears and Controls Private Limited | ₹33.48 Cr (FY 2024) | 20.0% | Mumbai, Maharashtra, India | |||
| Khedda Insulation Systems Private Limited | ₹33.42 Cr (FY 2025) | 46.0% | Bangalore, Karnataka, India | |||
| Siddhivinayak Genset Private Limited | ₹33.42 Cr (FY 2024) | 24.0% | Khed, Maharashtra, India |
To see the full peer comparison of Kaizen Electricals Private Limited, buy the company report.
Auditor
Kaizen Electricals Private Limited is audited by PIYUSH J SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PIYUSH J SHAH & CO. | FY 2023 | 121172W |
Shareholding
The shareholding of Kaizen Electricals Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kaizen Electricals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.05 Cr
Satisfied charges
₹1.33 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2024 | 100995363 | Others | ₹4.75 Cr | Open | |
| 11 Mar 2024 | 100877099 | Sidbi | ₹6.3 Cr | Open | |
| 13 Jun 2022 | 100588332 | Others | ₹1.33 Cr | Satisfied |
To see the full charge records of Kaizen Electricals Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Kaizen Electricals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kaizen Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kaizen Electricals Private Limited has a workforce of 31 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
GST
Kaizen Electricals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCK4125A1Z3 | Gujarat | Active | 31 Mar 2022 |
To see the full GST registrations and return filing status of Kaizen Electricals Private Limited, buy the company report.
Recent activity
Kaizen Electricals Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Rohitkumar Shambhubhai Patel was appointed as Director on 08 Oct 2025.
Appointed
Rohitkumar Shambhubhai Patel was appointed as Director.
AGM
Kaizen Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kaizen Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 4.75 Cr with Charge ID 100995363 was registered on 17 Oct 2024.
Charges
A charge registered on 13 Jun 2022 via Charge ID 100588332 with Others was fully satisfied on 01 Aug 2024.
Charges
A charge with Sidbi amounted to Rs. 6.30 Cr with Charge ID 100877099 was registered on 11 Mar 2024.
Charges
A charge with Others amounted to Rs. 1.33 Cr with Charge ID 100588332 was registered on 13 Jun 2022.
Appointed
Aartiben Kamleshkumar Patel was appointed as Director.
Appointed
Kamleshkumar Govindbhai Patel was appointed as Director.
Incorporation
25 Mar 2022
Kaizen Electricals Private Limited was registered on 25 Mar 2022 with Roc Ahmedabad & aged 4 years 7 months as per MCA records.
Frequently asked questions
Kaizen Electricals is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 25 March 2022 (4+ years old) and is registered under CIN U31900GJ2022PTC130414.
Kaizen Electricals has 3 current directors:
- Kamleshkumar Govindbhai Patel - Director
- Aartiben Kamleshkumar Patel - Director
- Rohitkumar Shambhubhai Patel - Director
The latest financial statements of Kaizen Electricals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Kaizen Electricals is 24AAJCK4125A1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Kaizen Electricals is U31900GJ2022PTC130414. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kaizen Electricals was incorporated on 25 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kaizen Electricals by revenue are S G Control & Switchgear Private Limited, Nomax Electrical Steel Private Limited, Power Matrix Solutions Private Limited, Vaibhav Energy Saving Equipments Private Limited, Dharia Switchgears and Controls Private Limited and 2 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).
Rohitkumar Shambhubhai Patel was appointed as Director on 08 Oct 2025. Aartiben Kamleshkumar Patel was appointed as Director on 25 Mar 2022. Kamleshkumar Govindbhai Patel was appointed as Director on 25 Mar 2022.
Yes, Kaizen Electricals is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Kaizen Electricals is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0159624).
Kaizen Electricals can be reached through the website kaizenelectricals.com. Its registered office is in Ahmedabad, Gujarat, India.