MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TN-02-0011735
Madras Switch Gears Private Limited
Madras Switch Gears Private Limited - infrastructure and utilities in Sriperumbudur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹100.83 Cr
▲ 52% YoY
Net profit · FY 2025
₹4.4 Cr
Net margin 4.4%
EBITDA · FY 2025
₹7.97 Cr
EBITDA margin 7.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹25.88 Cr
Secured borrowings
Company age
30 yrs
Est. 1996
Employees · EPFO
14
Provident fund records
About Madras Switch Gears Private Limited
Data last updated:
Madras Switch Gears Private Limited is a private limited company based in Sriperumbudur, Tamil Nadu, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 25 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29142TN1996PTC036173. Its GSTIN is 33AABCM9733C1ZQ (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Ramachandran Murali (Managing Director) and Sivaranjani Shanmugasundaram.
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 Sriperumbudur, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹100.83 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹4.4 Cr (net margin 4.4%) and EBITDA of ₹7.97 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 34% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.88 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Madras Switch Gears Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-02-0011735). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29142TN1996PTC036173
Registration Number 036173
Incorporation Date 25 July 1996
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-02-0011735
Recognitions & Rankings of Madras Switch Gears
Contact details
Madras Switch Gears Private Limited's registered office is in Sriperumbudur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTs 11 Micro Industrial Estate, SIDCO, Sriperumbudur, Tamil Nadu, India – 600044
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Madras Switch Gears Private Limited, buy the company report.
Comprehensive company report
Madras Switch Gears 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 Madras Switch Gears 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 Madras Switch Gears Private Limited, buy the company report.
Financials of Madras Switch Gears Private Limited
FY 2024 filings availableMadras Switch Gears Private Limited reported revenue of ₹100.83 Cr (up 52% YoY) for FY 2025.
Revenue · FY 2025
₹100.83 Cr ▲ 52%
Net profit · FY 2025
₹4.4 Cr margin 4.4%
EBITDA · FY 2025
₹7.97 Cr margin 7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 57%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 57%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 52% growth in the latest year. EBITDA rose 22% 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 | |||||
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| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹7.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.4 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| 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 | 7.9% | ||||
| Net Profit Margin | 4.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Madras Switch Gears Private Limited, buy the company report.
Board of directors of Madras Switch Gears Private Limited
Madras Switch Gears has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandran Murali Also directs: Greentek Equipments Private Limited | Managing Director | 15 Mar 2004 | 22 Years 7 Months | Current |
| Sivaranjani Shanmugasundaram Also directs: Greentek Equipments Private Limited | Director | 12 Feb 2008 | 18 Years 8 Months | Current |
Auditor
Madras Switch Gears Private Limited is audited by RSM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RSM & ASSOCIATES | FY 2023 | 002813S |
Shareholding
The shareholding of Madras Switch Gears Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Madras Switch Gears Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.88 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2024 | 101005052 | Others | ₹7 Cr | Open | |
| 20 Sep 2024 | 100979067 | Others | ₹1.26 Cr | Open | |
| 27 Jul 2023 | 100753841 | Others | ₹1.98 Cr | Open | |
| 25 Aug 2021 | 100479292 | Indian Overseas Bank | ₹37.02 Lakh | Open | |
| 26 Feb 2005 | 80053288 | Indian Overseas Bank | ₹15.27 Cr | Open |
To see the full charge records of Madras Switch Gears Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Madras Switch Gears Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Madras Switch Gears 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 Madras Switch Gears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Madras Switch Gears Private Limited has a workforce of 14 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-51.72%
GST
Madras Switch Gears has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCM9733C1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Madras Switch Gears Private Limited, buy the company report.
Recent activity
Madras Switch Gears Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Paraman Paramananthan ceased to be Director on 21 May 2009.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101005052 was registered on 29 Oct 2024.
AGM
Madras Switch Gears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.26 Cr with Charge ID 100979067 was registered on 20 Sep 2024.
Filing
Madras Switch Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 1.98 Cr with Charge ID 100753841 was registered on 27 Jul 2023.
Charges
A charge with Indian Overseas Bank of Rs. 15.27 Cr registered on 26 Feb 2005 with Charge ID 80053288 was modified on 25 Jan 2022.
Charges
A charge with Indian Overseas Bank amounted to Rs. 0.37 Cr with Charge ID 100479292 was registered on 25 Aug 2021.
Ceased
Paraman Paramananthan ceased to be Director.
Ceased
Sivaranjani Shanmugasundaram ceased to be Additional Director.
Appointed
Sivaranjani Shanmugasundaram was appointed as Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 15.27 Cr with Charge ID 80053288 was registered on 26 Feb 2005.
Appointed
Ramachandran Murali was appointed as Managing Director.
1 earlier event is in the company report.
Frequently asked questions
Madras Switch Gears is an active private limited company based in Sriperumbudur, Tamil Nadu, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 25 July 1996 (30+ years old) and is registered under CIN U29142TN1996PTC036173.
Madras Switch Gears has 2 current directors:
- Ramachandran Murali - Managing Director
- Sivaranjani Shanmugasundaram - Director
The latest financial statements of Madras Switch Gears 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 Madras Switch Gears is 33AABCM9733C1ZQ, registered in Tamil Nadu. 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 Madras Switch Gears is U29142TN1996PTC036173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madras Switch Gears has 1 court case on record: 1 filed against it.
Madras Switch Gears was incorporated on 25 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.
Paraman Paramananthan ceased to be Director on 21 May 2009. Sivaranjani Shanmugasundaram ceased to be Additional Director on 30 Sep 2008. Sivaranjani Shanmugasundaram was appointed as Director on 12 Feb 2008. Madras Switch Gears has 4 board changes on record in total.
Yes, Madras Switch Gears is registered as an MSME under Udyam registration (number: UDYAM-TN-02-0011735).
The registered office of Madras Switch Gears is at Ts 11 Micro Industrial Estate, SIDCO, Sriperumbudur, Tamil Nadu, India – 600044.
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