Korde Electric Private Limited
About Korde Electric Private Limited
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Korde Electric Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 21 December 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31100MH1988PTC050118.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors including Subhash Dattatraya Korde (Managing Director) and Aditya Subhash Korde.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2105 21st Floor Tower – B Oberoi Park View Thakur Village, Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.09 Lakh. For the same year it recorded a net profit of ₹58.66 Lakh (net margin 93%) and EBITDA of ₹57.11 Lakh (EBITDA margin 90.5%). Revenue has grown at a compounded annual rate (CAGR) of 278% over three years and 120% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Korde Electric Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2105 21st Floor Tower – B Oberoi Park View Thakur Village, Mumbai, Maharashtra, India – 400101
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Korde Electric 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
Financials of Korde Electric Private Limited
FY 2025 filings availableKorde Electric Private Limited reported revenue of ₹63.09 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 120% over five years. 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 | ₹57.11 Lakh | ||||
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| Net Profit (PAT) | ₹58.66 Lakh | ||||
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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 | 90.5% | ||||
| Net Profit Margin | 93% | ||||
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To see the full financial statements and ratios of Korde Electric Private Limited, buy the company report.
Board of directors of Korde Electric Private Limited
Korde Electric has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Subhash Korde Also directs: Diagnostic Technologies India Private Limited | Director | 11 Sep 2017 | 9 Years 2 Months | Current |
| Neela Subhash Korde Also directs: Diagnostic Technologies India Private Limited | Director | 21 Dec 1988 | 37 Years 10 Months | Current |
| Subhash Dattatraya Korde Also directs: Diagnostic Technologies India Private Limited | Managing Director | 21 Dec 1988 | 37 Years 10 Months | Current |
Peer comparison
Korde Electric Private Limited is compared with the 10 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radhika Transformers Private Limited | ₹64.07 Lakh (FY 2024) | 28.0% | Hyderabad, A.P, Telangana, India | |||
| Electrocon Systems Private Limited | ₹63.62 Lakh (FY 2021) | Pune, Maharashtra, India | ||||
| Yizhen Decoration and Purification Engineering Private Limited | ₹63.56 Lakh (FY 2021) | 218.0% | Vasundhara Ghaziabad, Uttar Pradesh, India | |||
| Northbywest Electric Private Limited | ₹63.5 Lakh (FY 2025) | 17.0% | Pune, Maharashtra, India | |||
| Esscom Electronic Private Limited | ₹63.22 Lakh (FY 2025) | -3.0% | Chennai, Tamil Nadu, India | |||
| Korde Electric Private Limitedthis company | ₹63.09 Lakh (FY 2025) | ₹58.66 Lakh | 93% | Mumbai, Maharashtra, India | ||
| Superlumic Renewable Energy Private Limited | ₹62.65 Lakh (FY 2024) | Pune, Maharashtra, India | ||||
| Techno Power Services Pvt. Ltd. | ₹62.52 Lakh (FY 2021) | -83.0% | Kolkata, West Bengal, India | |||
| Transons Overseas (India) Private Limited | ₹62.46 Lakh (FY 2024) | -93.0% | Alwar, Rajasthan, India | |||
| Tristone Electricals Private Limited | ₹62.43 Lakh (FY 2025) | -10.0% | Thane, Maharashtra, India | |||
| James Renewable's India Private Limited | ₹62.29 Lakh (FY 2024) | -29.0% | Virar, Maharashtra, India |
To see the full peer comparison of Korde Electric Private Limited, buy the company report.
Auditor
Korde Electric Private Limited is audited by ANKUSH J MESTRY & COMPANY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANKUSH J MESTRY & COMPANY | FY 2018 | 128421W |
Shareholding
The shareholding of Korde Electric Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Korde Electric Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Korde Electric 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 Korde Electric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Korde Electric Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Korde Electric Private Limited has 4 board changes on record since 1988: 3 appointments and 1 cessation. The latest: Aditya Subhash Korde ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Korde Electric is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 21 December 1988 (38+ years old) and is registered under CIN U31100MH1988PTC050118.
Korde Electric has 3 current directors:
- Subhash Dattatraya Korde - Managing Director
- Aditya Subhash Korde - Director
- Neela Subhash Korde - Director
The latest financial statements of Korde Electric on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Korde Electric is U31100MH1988PTC050118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Korde Electric was incorporated on 21 December 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Korde Electric by revenue are Radhika Transformers Private Limited, Electrocon Systems Private Limited, Yizhen Decoration and Purification Engineering Private Limited, Northbywest Electric Private Limited, Esscom Electronic Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Aditya Subhash Korde ceased to be Additional Director on 30 Sep 2017. Aditya Subhash Korde was appointed as Director on 11 Sep 2017. Neela Subhash Korde was appointed as Director on 21 Dec 1988. Korde Electric has 4 board changes on record in total.
The registered office of Korde Electric is at 2105 21st Floor Tower – B Oberoi Park View Thakur Village, Mumbai, Maharashtra, India – 400101.
Korde Electric operates in the energy and power industry, in the power equipment manufacturers segment.
The compliance status of Korde Electric is compliant as of 20 July 2026. The company is actively filing with the Registrar of Companies.
Korde Electric can be reached at its registered office: 2105 21st Floor Tower – B Oberoi Park View Thakur Village, Mumbai, Maharashtra, India – 400101.
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