MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-20-0003408
Megawin Switchgear Private Limited - energy and power in Salem, Tamil Nadu, India. FY 2026 financials & compliance.
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
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
- Website
- Social Media
- Registered Address35/1 35/2 35/3 Narasothipatty P.B.No.434 Alagapuram Post Perumal Malai Adivaram, Salem, Tamil Nadu, India
- IndustryEnergy 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 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 Megawin Switchgear Private Limited, buy the company report.
Financials of Megawin Switchgear Private Limited
FY 2025 filings availableMegawin 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
| 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 | ₹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 | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 4.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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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 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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramadoss Jayanthiganesan Also directs: Megawin Projects Private Limited, PPB Construction Private Limited | Whole-Time Director | 12 Oct 2005 | 21 Years 0 Months | Current |
| Subramaniam Ganesan Also directs: PPB Construction Private Limited | Managing Director | 12 Oct 2005 | 21 Years 0 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Cr | 4.3% | 31.0% | 229 | Salem, 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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 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
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2025 | 101145687 | Others | ₹61.57 Lakh | Open | |
| 30 Mar 2025 | 101081660 | Hdfc Bank Limited | ₹21 Lakh | Open | |
| 27 Dec 2022 | 100663947 | Hdfc Bank Limited | ₹97.09 Cr | Open | |
| 05 Nov 2022 | 100657304 | Canara Bank | ₹55 Cr | Open | |
| 25 Mar 2022 | 100582038 | Hdfc Bank Limited | ₹62.5 Lakh | Open |
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)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2006 | Funding round | ₹5 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Megawin Switchgear Private Limited has 26 court cases on record: 17 filed by Megawin Switchgear, 9 filed against it. 4 cases are pending and 22 are disposed.
Total cases
26
Filed by the company
17
Filed against the company
9
Pending
4
Disposed
22
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 8 | 4 |
| District courts | 4 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HARYANA | Appeal | Filed against the company by Dakshin Haryana Bijli Vitran Nigam Ltd Hisar | Pending |
| High Court, OTHER | Writ petition | Filed by the company against Haryana Vidyut Prasaran Nigam Ltd and Others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Ms. Refex Energy Ltd. and Ors and 4 others | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S.Areva T & D India Limited | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against M/S Areva T & D India Ltd., | Disposed |
To see the full case history of Megawin Switchgear 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 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
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECM4516E1ZW | Tamil Nadu | Active | 01 Jul 2017 |
| 09AAECM4516E1ZN | Uttar Pradesh | Active | 19 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:
- Subramaniam Ganesan - Managing Director
- Ramadoss Jayanthiganesan - Whole-Time Director
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).
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