Kay Switchgears India Private Limited

Kay Switchgears India Private Limited - consumer electronics & durables in Kapurthala, Punjab, India. FY 2026 financials & compliance.
CIN U31200PB1981PTC004505 Incorporated 22 April 1981 ROC Chandigarh HQ Kapurthala, Punjab, India
Active Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2025
₹2.67 Cr
▼ 5% YoY
Net loss · FY 2025
₹1.24 Cr
Net margin -46.4%
EBITDA · FY 2025
-₹76.35 Lakh
EBITDA margin -28.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹7 Lakh
Issued & subscribed
Open charges
₹39.65 Lakh
Satisfied ₹25.52 Cr
Company age
45 yrs
Est. 1981
Employees · EPFO
61
Provident fund records

About Kay Switchgears India Private Limited

Data last updated:

Kay Switchgears India Private Limited is a private limited company based in Kapurthala, Punjab, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 22 April 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U31200PB1981PTC004505. Its GSTIN is 03AAACK9954A1ZT (Punjab).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors Mona Khosla and Nitin Khosla.

Its last annual general meeting (AGM) was held on 30 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Factory Area Kapurthala, Punjab, India – 144601.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.67 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹1.24 Cr (net margin -46.4%) and EBITDA of -₹76.35 Lakh (EBITDA margin -28.6%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 26% over five years.

The company has about 61 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹39.65 Lakh and satisfied charges of ₹25.52 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U31200PB1981PTC004505
Registration Number 004505
Incorporation Date 22 April 1981
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Kay Switchgears India Private Limited's registered office is in Kapurthala, Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Factory Area Kapurthala, Punjab, India – 144601
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Kay Switchgears India Private Limited, buy the company report.

Comprehensive company report
Kay Switchgears India 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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Business activity

The main business activity of Kay Switchgears India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Kay Switchgears India Private Limited, buy the company report.

Financials of Kay Switchgears India Private Limited

FY 2025 filings available

Kay Switchgears India Private Limited reported revenue of ₹2.67 Cr (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹2.67 Cr ▼ 5%
Net loss · FY 2025
₹1.24 Cr margin -46.4%
EBITDA · FY 2025
-₹76.35 Lakh margin -28.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 3%
5 years · compounded
▼ 26%
EBITDA CAGR growth
1 year
▼ 173%
3 years · compounded
▼ 41%
5 years · compounded
▼ 18%

Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 5% fall in the latest year. EBITDA fell 173% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹76.35 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.24 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-28.6%
Net Profit Margin-46.4%
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 Kay Switchgears India Private Limited, buy the company report.

Board of directors of Kay Switchgears India Private Limited

Kay Switchgears India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mona KhoslaDirector25 Oct 201313 Years 0 MonthsCurrent
Nitin KhoslaDirector16 Apr 20188 Years 6 MonthsCurrent

Peer comparison

Kay Switchgears India Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Micro Pixel Private Limited₹2.68 Cr (FY 2025)-22.0%Chennai, Tamil Nadu, India
Zawar Gauges and Tools Private Limited₹2.67 Cr (FY 2025)7.0%Pune, Maharashtra, India
Kay Switchgears India Private Limitedthis company₹2.67 Cr (FY 2025)-₹1.24 Cr-46.4%-5.0%61Kapurthala, Punjab, India
Unique Edge Diamond Tools Private Limited₹2.65 Cr (FY 2025)27.0%Jaipur, Rajasthan, India

To see the full peer comparison of Kay Switchgears India Private Limited, buy the company report.

Auditor

Kay Switchgears India Private Limited is audited by S. K. VATTA & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
S. K. VATTA & COFY 2022012843

Shareholding

The shareholding of Kay Switchgears India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Kay Switchgears India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹39.65 Lakh
Satisfied charges
₹25.52 Cr
Breakdown by lending institutions
Others₹0.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Nov 2024101014839Others₹9 LakhOpen
22 May 2024100945291Others₹12 LakhOpen
28 Aug 2023100780739Others₹7.4 LakhOpen
26 Dec 2022100665603Others₹8 LakhOpen
02 Jun 2022100583937Others₹3.25 LakhOpen

To see the full charge records of Kay Switchgears India Private Limited, buy the company report.

Total charge records: 18 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Kay Switchgears India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Kay Switchgears India Private Limited has a workforce of 61 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
61
Active EPFO establishments
1
Employee growth
-24.69%

GST

Kay Switchgears India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AAACK9954A1ZTPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Kay Switchgears India Private Limited, buy the company report.

Recent activity

Kay Switchgears India Private Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Subhash Singh Chauhan ceased to be Additional Director on 31 Jul 2025.

AGM
Kay Switchgears India Private Limited last Annual general meeting of members was held on 30 Dec 2025 as per latest MCA records.
Ceased
Subhash Singh Chauhan ceased to be Additional Director.
Filing
Kay Switchgears India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Others amounted to Rs. 9.00 Lakh with Charge ID 101014839 was registered on 05 Nov 2024.
Appointed
Subhash Singh Chauhan was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 12.00 Lakh with Charge ID 100945291 was registered on 22 May 2024.
Charges
A charge with Others amounted to Rs. 7.40 Lakh with Charge ID 100780739 was registered on 28 Aug 2023.
Charges
A charge with Others amounted to Rs. 8.00 Lakh with Charge ID 100665603 was registered on 26 Dec 2022.
Charges
A charge with Others amounted to Rs. 3.25 Lakh with Charge ID 100583937 was registered on 02 Jun 2022.
Charges
A charge registered on 17 Sep 2020 via Charge ID 100377195 with Canara Bank was fully satisfied on 06 Aug 2021.
Charges
A charge registered on 29 May 2019 via Charge ID 100270519 with Canara Bank was fully satisfied on 06 Aug 2021.
Charges
A charge registered on 19 Apr 2016 via Charge ID 100026718 with Canara Bank was fully satisfied on 06 Aug 2021.

37 earlier events are in the company report.

Frequently asked questions

Kay Switchgears India is an active private limited company based in Kapurthala, Punjab, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 22 April 1981 (45+ years old) and is registered under CIN U31200PB1981PTC004505.

Kay Switchgears India has 2 current directors:

The latest financial statements of Kay Switchgears India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 December 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Kay Switchgears India is 03AAACK9954A1ZT, registered in Punjab.

The CIN (Corporate Identification Number) of Kay Switchgears India is U31200PB1981PTC004505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kay Switchgears India was incorporated on 22 April 1981, making it 45+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Kay Switchgears India by revenue are Micro Pixel Private Limited, Zawar Gauges and Tools Private Limited, Unique Edge Diamond Tools Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Subhash Singh Chauhan ceased to be Additional Director on 31 Jul 2025. Subhash Singh Chauhan was appointed as Additional Director on 02 Sep 2024. Nitin Khosla ceased to be Additional Director on 29 Sep 2018. Kay Switchgears India has 8 board changes on record in total.

The registered office of Kay Switchgears India is at Factory Area Kapurthala, Punjab, India – 144601.

Kay Switchgears India operates in the consumer electronics and durables industry, in the electronics manufacturing segment.

Kay Switchgears India has open charges of ₹39.65 Lakh and satisfied charges of ₹25.52 Cr as per latest MCA filings.