Megawin Switchgear Private Limited

Megawin Switchgear Private Limited - energy and power in Salem, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U31200TZ2005PTC012211 Incorporated 12 October 2005 ROC Coimbatore HQ Salem, Tamil Nadu, India
Active Private Limited Company energy and power MSME · Medium
Data last updated
Revenue · FY 2025
₹223.35 Cr
▲ 31% YoY
Net profit · FY 2025
₹9.7 Cr
Net margin 4.3%
EBITDA · FY 2025
₹22.09 Cr
EBITDA margin 9.9%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5.02 Cr
Issued & subscribed
Open charges
₹154.17 Cr
Satisfied ₹117.5 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
229
Provident fund records

About Megawin Switchgear Private Limited

Data last updated:

Megawin Switchgear Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 12 October 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U31200TZ2005PTC012211. Its GSTIN is 33AAECM4516E1ZW (Tamil Nadu). The company holds 10 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.02 Cr. It is led by directors Subramaniam Ganesan (Managing Director) and Ramadoss Jayanthiganesan (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 35/1 35/2 35/3 Narasothipatty P.B.No.434 Alagapuram Post Perumal Malai Adivaram, Salem, Tamil Nadu, India.

As per the financials filed for FY 2025, the company reported a revenue of ₹223.35 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹9.7 Cr (net margin 4.3%) and EBITDA of ₹22.09 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.

The company has about 229 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹154.17 Cr and satisfied charges of ₹117.5 Cr on record. Court records list 26 cases involving the company, including 17 filed by the company and 9 filed against it; 4 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in March 2006. Its 6 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 2 smaller; the largest is BG Electricals and Electronics India Limited with revenue of ₹231.12 Cr.

Megawin Switchgear Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-20-0003408). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website megawinswitchgear.com.

Company details

CIN U31200TZ2005PTC012211
Registration Number 012211
Incorporation Date 12 October 2005
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-20-0003408

Recognitions & Rankings of Megawin Switchgear

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-20-0003408

Contact details

Megawin Switchgear Private Limited's registered office is in Salem, Tamil Nadu. Its website is megawinswitchgear.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    35/1 35/2 35/3 Narasothipatty P.B.No.434 Alagapuram Post Perumal Malai Adivaram, Salem, Tamil Nadu, India
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Megawin Switchgear Private Limited, buy the company report.

Comprehensive company report
Megawin Switchgear 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 Megawin Switchgear 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 Megawin Switchgear Private Limited, buy the company report.

Financials of Megawin Switchgear Private Limited

FY 2025 filings available

Megawin Switchgear Private Limited reported revenue of ₹223.35 Cr (up 31% YoY) for FY 2025.

Revenue · FY 2025
₹223.35 Cr ▲ 31%
Net profit · FY 2025
₹9.7 Cr margin 4.3%
EBITDA · FY 2025
₹22.09 Cr margin 9.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 16%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 9%
5 years · compounded
▲ 1%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 31% growth in the latest year. EBITDA rose 12% 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₹22.09 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹9.7 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 Margin9.9%
Net Profit Margin4.3%
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 Megawin Switchgear Private Limited, buy the company report.

Board of directors of Megawin Switchgear Private Limited

Megawin Switchgear has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramadoss JayanthiganesanWhole-Time Director12 Oct 200521 Years 0 MonthsCurrent
Subramaniam GanesanManaging Director12 Oct 200521 Years 0 MonthsCurrent

Peer comparison

Megawin Switchgear Private Limited is compared with the 6 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), 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
BG Electricals and Electronics India Limited₹231.12 Cr (FY 2025)9.0%Maharashtra, India
C-Sec Technologies Private Limited₹230.07 Cr (FY 2025)19.0%Delhi, India
Mecc Alte India Private Limited₹227.23 Cr (FY 2025)-22.0%Shirur, Maharashtra, India
Pragati Electricals Private Limited₹225.57 Cr (FY 2025)28.0%Thane, Maharashtra, India
Megawin Switchgear Private Limitedthis company₹223.35 Cr (FY 2025)₹9.7 Cr4.3%31.0%229Salem, Tamil Nadu, India
Kryfs Transformers Private Limited₹222.92 Cr (FY 2025)3.0%Vadodara, Gujarat, India
Viat Instruments Pvt.Ltd.₹219.16 Cr (FY 2025)32.0%Kolkata, West Bengal, India

To see the full peer comparison of Megawin Switchgear Private Limited, buy the company report.

Shareholding

The shareholding of Megawin Switchgear Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Megawin Switchgear Private Limited, buy the company report.

Charges & borrowings

Open charges
₹154.17 Cr
Satisfied charges
₹117.5 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹98.27 Cr
Canara Bank₹55.00 Cr
Others₹0.62 Cr
The South Indian Bank Limited₹0.28 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Jun 2025101145687Others₹61.57 LakhOpen
30 Mar 2025101081660Hdfc Bank Limited₹21 LakhOpen
27 Dec 2022100663947Hdfc Bank Limited₹97.09 CrOpen
05 Nov 2022100657304Canara Bank₹55 CrOpen
25 Mar 2022100582038Hdfc Bank Limited₹62.5 LakhOpen

To see the full charge records of Megawin Switchgear Private Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Megawin Switchgear Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in March 2006.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹5 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2006Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jan 2006Funding round₹5 CrInvestors: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Employees & EPFO

Megawin Switchgear Private Limited has a workforce of 229 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.

Employee count
229
Active EPFO establishments
1
Employee growth
7.51%

GST

Megawin Switchgear has 10 GST registrations: 2 active and 8 cancelled or inactive.

Total GSTINs
10
Active
2
Cancelled / inactive
8
GSTINStateStatusRegistered on
33AAECM4516E1ZWTamil NaduActive01 Jul 2017
09AAECM4516E1ZNUttar PradeshActive19 Dec 2025

To see the full GST registrations and return filing status of Megawin Switchgear Private Limited, buy the company report.

Recent activity

Megawin Switchgear Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Ramadoss Jayanthiganesan ceased to be Director on 30 Oct 2009.

Charges
A charge with Hdfc Bank Limited of Rs. 97.09 Cr registered on 27 Dec 2022 with Charge ID 100663947 was modified on 22 Nov 2025.
AGM
Megawin Switchgear Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.62 Cr with Charge ID 101145687 was registered on 27 Jun 2025.
Filing
Megawin Switchgear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 101081660 was registered on 30 Mar 2025.
Charges
A charge with Canara Bank of Rs. 55.00 Cr registered on 05 Nov 2022 with Charge ID 100657304 was modified on 29 Mar 2025.
Charges
A charge registered on 28 Feb 2006 via Charge ID 10001560 with State Bank Of India was fully satisfied on 04 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 97.09 Cr with Charge ID 100663947 was registered on 27 Dec 2022.
Charges
A charge with Canara Bank amounted to Rs. 55.00 Cr with Charge ID 100657304 was registered on 05 Nov 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.63 Cr with Charge ID 100582038 was registered on 25 Mar 2022.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100528006 was registered on 21 Jan 2022.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100502170 was registered on 17 Nov 2021.

8 earlier events are in the company report.

Frequently asked questions

Megawin Switchgear is an active private limited company based in Salem, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 12 October 2005 (21+ years old) and is registered under CIN U31200TZ2005PTC012211.

Megawin Switchgear has 2 current directors:

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

The GSTIN of Megawin Switchgear is 33AAECM4516E1ZW, registered in Tamil Nadu. The company has 10 GST registrations in all, of which 2 are active and 8 are cancelled or inactive. Other active GSTINs include 09AAECM4516E1ZN (Uttar Pradesh).

The CIN (Corporate Identification Number) of Megawin Switchgear is U31200TZ2005PTC012211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Megawin Switchgear has 26 court cases on record: 17 filed by the company and 9 filed against it. 4 are pending. Most are in the high courts.

Megawin Switchgear was incorporated on 12 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Coimbatore.

Megawin Switchgear has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in March 2006.

The peers of Megawin Switchgear by revenue are BG Electricals and Electronics India Limited, C-Sec Technologies Private Limited, Mecc Alte India Private Limited, Pragati Electricals Private Limited, Kryfs Transformers Private Limited and 1 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Ramadoss Jayanthiganesan ceased to be Director on 30 Oct 2009. Ramadoss Jayanthiganesan was appointed as Whole-Time Director on 12 Oct 2005. Subramaniam Ganesan was appointed as Managing Director on 12 Oct 2005.

Yes, Megawin Switchgear is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-20-0003408).