- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-13-0003336

Luxmi Switchgears Private Limited
About Luxmi Switchgears Private Limited
Data last updated:
Luxmi Switchgears Private Limited is a private limited company based in Chandigarh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 09 August 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U31200CH1989PTC009609. Its GSTIN is 06AAACL3018Q1ZE (Haryana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.07 Cr. It is led by directors Sunil Goyal and Madhu Goyal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.57 Industrial Area Phase 1, Chandigarh, India – 160002.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.39 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net loss of ₹7.06 Lakh (net margin -2.1%) and EBITDA of ₹2.87 Cr (EBITDA margin 84.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 29% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.85 Cr and satisfied charges of ₹37.86 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 8 filed against it; 1 case is pending.
Luxmi Switchgears Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-13-0003336). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Luxmi Switchgears
Contact details
Luxmi Switchgears Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.57 Industrial Area Phase 1, Chandigarh, India – 160002
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Luxmi Switchgears 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
Business activity
The main business activity of Luxmi Switchgears is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Luxmi Switchgears Private Limited, buy the company report.
Financials of Luxmi Switchgears Private Limited
FY 2024 filings availableLuxmi Switchgears Private Limited reported revenue of ₹3.39 Cr (up 55% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 55% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 29%. EBITDA rose 50% 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
| 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 | ₹2.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.06 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 84.6% | ||||
| Net Profit Margin | -2.1% | ||||
| 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 Luxmi Switchgears Private Limited, buy the company report.
Board of directors of Luxmi Switchgears Private Limited
Luxmi Switchgears has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Goyal | Director | 20 Aug 2008 | 18 Years 2 Months | Current |
| Madhu Goyal | Director | 11 Apr 2016 | 10 Years 6 Months | Current |
Peer comparison
Luxmi Switchgears Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siddhiriddhi Auto Services Private Limited | ₹3.41 Cr (FY 2024) | 23.0% | Ranchi, Jharkhand, India | |||
| Daga Automobiles Private Limited | ₹3.4 Cr (FY 2024) | 58.0% | Kolkata, West Bengal, India | |||
| Luxmi Switchgears Private Limitedthis company | ₹3.39 Cr (FY 2025) | -₹7.06 Lakh | -2.1% | 55.0% | 7 | Chandigarh, India |
| Arnesta E-Vehicles Private Limited | ₹3.39 Cr (FY 2025) | 236.0% | Singur, West Bengal, India |
To see the full peer comparison of Luxmi Switchgears Private Limited, buy the company report.
Auditor
Luxmi Switchgears Private Limited is audited by ANIL NEHRA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL NEHRA & ASSOCIATES | FY 2022 | 024670N |
Shareholding
The shareholding of Luxmi Switchgears 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 category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Luxmi Switchgears Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2020 | 100430551 | Yes Bank Limited | ₹2.6 Cr | Open | |
| 14 Aug 2018 | 100207716 | Tata Capital Financial Services Limited | ₹3 Cr | Open | |
| 23 Jun 2018 | 100184660 | Yes Bank Limited | ₹3 Cr | Open | |
| 23 Jun 2018 | 100184656 | Yes Bank Limited | ₹11.25 Cr | Open | |
| 29 May 2014 | 10507255 | Others | ₹12.38 Cr | Satisfied |
To see the full charge records of Luxmi Switchgears Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Luxmi Switchgears Private Limited has 8 court cases on record: 3 filed by Luxmi Switchgears, 8 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
| High courts | 4 | 4 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Meerut, Uttar Pradesh | Criminal case | Filed against the company by Mahindra and Mahindra Financial Services Ltd | Pending |
| High Court, PUNJAB | Writ petition | Filed against the company by M/S Luxmi Switchgears Private Limited and 1 other | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against M/S Luxmi Switchgears Private Limited, and 4 others | Disposed |
| District court, Meerut, Uttar Pradesh | Criminal complaint | Filed against the company by Mahindra and Mahindra Financial Services Ltd | Disposed |
| Bombay High Court | Court case (CARAP) | Filed against the company by Mahindra and Mahindra Financial Services Ltd. | Disposed |
To see the full case history of Luxmi Switchgears Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Luxmi Switchgears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Luxmi Switchgears Private Limited has a workforce of 7 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Luxmi Switchgears has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACL3018Q1ZE | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Luxmi Switchgears Private Limited, buy the company report.
Recent activity
Luxmi Switchgears Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Madhu Goyal ceased to be Additional Director on 17 Apr 2016.
21 earlier events are in the company report.
Frequently asked questions
Luxmi Switchgears is an active private limited company based in Chandigarh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 09 August 1989 (37+ years old) and is registered under CIN U31200CH1989PTC009609.
Luxmi Switchgears has 2 current directors:
- Sunil Goyal - Director
- Madhu Goyal - Director
The latest financial statements of Luxmi Switchgears on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Luxmi Switchgears is 06AAACL3018Q1ZE, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Luxmi Switchgears is U31200CH1989PTC009609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Luxmi Switchgears has 8 court cases on record: 3 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Luxmi Switchgears was incorporated on 09 August 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Luxmi Switchgears by revenue are Siddhiriddhi Auto Services Private Limited, Daga Automobiles Private Limited, Arnesta E-Vehicles Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading).
Madhu Goyal ceased to be Additional Director on 17 Apr 2016. Madhu Goyal was appointed as Director on 11 Apr 2016. Sandeep Goyal ceased to be Director on 11 Apr 2016. Luxmi Switchgears has 7 board changes on record in total.
Yes, Luxmi Switchgears is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-13-0003336).
The registered office of Luxmi Switchgears is at Plot No.57 Industrial Area Phase 1, Chandigarh, India – 160002.