About Kandi Electrical Solutions Private Limited
Data last updated:
Kandi Electrical Solutions Private Limited is a private limited company based in Delhi, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 26 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31900DL2013PTC249820. Its GSTIN is 06AAFCK1048L1ZI (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹28.32 Lakh. It is led by directors Naresh Arora and Mithlesh Kumari.
Its last annual general meeting (AGM) was held on 13 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at First Floor Plot No: 23 – 24 Block – G Pocket – 4 Sector – 11 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.1 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹22.29 Lakh (net margin 2%) and EBITDA of ₹57.49 Lakh (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 25% over five years.
The company is associated with 1 brand: Kandi Electrical Solutions. As per MCA filings, the company has open charges of ₹2.78 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kandi-electrical.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFirst Floor Plot No: 23 – 24 Block – G Pocket – 4 Sector – 11 Rohini, Delhi, India – 110085
- IndustryEnergy and Power, BoP & BTG Services, Power Equipment Manufacturers, Power EPC
- 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 Kandi Electrical Solutions Private Limited
The main business activity of Kandi Electrical Solutions 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 Kandi Electrical Solutions Private Limited FY 2025 filings available
Kandi Electrical Solutions Private Limited reported revenue of ₹11.1 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kandi Electrical Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 29% growth in the latest year. EBITDA rose 55% 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 Kandi Electrical Solutions Private 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 | ₹57.49 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹22.29 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 Kandi Electrical Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 Kandi Electrical Solutions 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 Kandi Electrical Solutions Private Limited
Kandi Electrical Solutions Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG, 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 |
|---|---|---|---|---|---|---|
| Afm Solar Mart India Private Limited | ₹11.11 Cr (FY 2025) | •••• | •••• | 1049.0% | •••• | Pune, Maharashtra, India |
| Nuflux Electromagnetics Private Limited | ₹11.11 Cr (FY 2023) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Neo Electronics India Private Limited | ₹11.1 Cr (FY 2024) | •••• | •••• | 14858.0% | •••• | Sonipat, Haryana, India |
| Veracious Electro Fab Private Limited | ₹11.1 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Navi Mumbai, Maharashtra, India |
| Jaysis Green Energy Infra Private Limited | ₹11.1 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Nagpur, Maharashtra, India |
| Kandi Electrical Solutions Private Limited this company | ₹11.1 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Delhi, India |
| TPSC (India) Private Limited | ₹11.1 Cr (FY 2025) | •••• | •••• | -69.0% | •••• | Hyderabad, Telangana, India |
| Inox Renewables Limited | ₹11.09 Cr (FY 2020) | •••• | •••• | -52.0% | •••• | Vadodara, Gujarat, India |
| Electrosmart Technologies Private Limited | ₹11.08 Cr (FY 2024) | •••• | •••• | 107.0% | •••• | Mathura, Uttar Pradesh, India |
| Bergen Electronics Limited | ₹11.08 Cr (FY 2024) | •••• | •••• | 237.0% | •••• | Gurgaon, Haryana, India |
| Punj Lloyd Solar Power Limited | ₹11.07 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Kandi Electrical Solutions by revenue in the Power industry (EPC, BoP and BTG, 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 Kandi Electrical Solutions Private Limited
Kandi Electrical Solutions Private Limited is audited by NPRA & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NPRA & 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 Kandi Electrical Solutions Private Limited
Kandi Electrical Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Arora | Director | 26 Mar 2013 | 13 Years 6 Months | Current |
| Mithlesh Kumari | Director | 11 Jun 2018 | 8 Years 3 Months | Current |
Ownership and Shareholding of Kandi Electrical Solutions Private 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 Kandi Electrical Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2025 | Yes Bank Limited | ₹2 Cr | Open |
| 01 Jul 2024 | Others | ₹51.34 Lakh | Open |
| 23 Nov 2021 | Others | ₹26.4 Lakh | Open |
Total charge records: 3 View all charges
Associated Brands with Kandi Electrical Solutions Private Limited
Kandi Electrical Solutions operates one associated brand: Kandi Electrical Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of electrical control panels and provision of automation services for industrial sectors. | kandi-electrical.com |
Employees and EPFO Compliance at Kandi Electrical Solutions Private Limited
Employment history and EPFO contributions of people linked to Kandi Electrical Solutions.
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 Kandi Electrical Solutions Private Limited
Kandi Electrical Solutions Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Mithlesh Kumari was appointed as Director on 11 Jun 2018.
Credit Ratings, Litigation & Regulatory Alerts for Kandi Electrical Solutions Private 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 Kandi Electrical Solutions Private 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 Kandi Electrical Solutions Private 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 Kandi Electrical Solutions Private Limited
Kandi Electrical Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCK1048L1ZI | Haryana | 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 Kandi Electrical Solutions Private 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.
Frequently Asked Questions about Kandi Electrical Solutions Private Limited
Kandi Electrical Solutions is an active private limited company based in Delhi, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 26 March 2013 (13+ years old) and is registered under CIN U31900DL2013PTC249820.
Kandi Electrical Solutions reported revenue of ₹11.1 Cr for FY 2025 (up 29% YoY).
Kandi Electrical Solutions has 2 current directors:
- Naresh Arora - Director
- Mithlesh Kumari - Director
Kandi Electrical Solutions reported a net profit of ₹22.29 Lakh (net margin 2%) and EBITDA of ₹57.49 Lakh (EBITDA margin 5.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kandi Electrical Solutions is 15% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kandi Electrical Solutions is 06AAFCK1048L1ZI, registered in Haryana. 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 Kandi Electrical Solutions is U31900DL2013PTC249820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kandi Electrical Solutions was incorporated on 26 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Kandi Electrical Solutions by revenue are Afm Solar Mart India Private Limited, Nuflux Electromagnetics Private Limited, Neo Electronics India Private Limited, Veracious Electro Fab Private Limited, Jaysis Green Energy Infra Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers).
Mithlesh Kumari was appointed as Director on 11 Jun 2018. Rajiv Grover ceased to be Director on 11 Jun 2018. Naresh Arora was appointed as Director on 26 Mar 2013.
Kandi Electrical Solutions can be reached through the website kandi-electrical.com. Its registered office is in Delhi, India.