- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-07-0026275

About Meriton Switchgears Private Limited
Data last updated:
Meriton Switchgears Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 26 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U31904TZ2021PTC036887. Its GSTIN is 33AAOCM9025E1ZG (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹85.65 Lakh. It is led by directors Arunachalam Vinoth and Subramaniam Sureshkumar.
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 No 494/2B2 Puliyankadu Anaikalpalayam Pudur, Erode, Tamil Nadu, India – 638115.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.13 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹8.46 Lakh (net margin 1.4%) and EBITDA of ₹65.58 Lakh (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years.
The company is associated with 1 brand: Meriton SwitchGears. As per MCA filings, the company has open charges of ₹93.93 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Meriton Switchgears Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-07-0026275). For more details, the company can be reached via its website srisuriyaatraders.com.
Company details
Recognitions & Rankings of Meriton Switchgears
Contact details
Meriton Switchgears Private Limited's registered office is in Erode, Tamil Nadu. Its website is srisuriyaatraders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 494/2B2 Puliyankadu Anaikalpalayam Pudur, Erode, Tamil Nadu, India – 638115
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Meriton 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
Brands
Meriton Switchgears operates one associated brand: Meriton SwitchGears. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of switchgears and industrial panel boards for electrical applications. | meriton.co.in |
Business activity
The main business activity of Meriton Switchgears 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 Meriton Switchgears Private Limited, buy the company report.
Financials of Meriton Switchgears Private Limited
FY 2025 filings availableMeriton Switchgears Private Limited reported revenue of ₹6.13 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over three years, including 34% growth in the latest year. 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 |
|---|---|---|---|---|
| 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 | ₹65.58 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹8.46 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 10.7% | |||
| Net Profit Margin | 1.4% | |||
| 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 Meriton Switchgears Private Limited, buy the company report.
Board of directors of Meriton Switchgears Private Limited
Meriton Switchgears has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arunachalam Vinoth Also directs: Vairaaboomi Property Developers LLP | Director | 03 Jan 2022 | 4 Years 10 Months | Current |
| Subramaniam Sureshkumar | Director | 26 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Meriton Switchgears 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 |
|---|---|---|---|---|---|---|
| Murli Electrode Private Limited | ₹6.18 Cr (FY 2016) | -62.0% | Nagpur, Maharashtra, India | |||
| Fibre and Fibre Technologies India Private Limited | ₹6.18 Cr (FY 2025) | -17.0% | Vadodara, Gujarat, India | |||
| Meriton Switchgears Private Limitedthis company | ₹6.13 Cr (FY 2025) | ₹8.46 Lakh | 1.4% | 34.0% | Erode, Tamil Nadu, India | |
| D.S. Controls and Automation Private Limited | ₹6.13 Cr (FY 2023) | 42.0% | Pune, Maharashtra, India | |||
| Tushara Energy Ventures Private Limited | ₹6.12 Cr (FY 2019) | 397.0% | Hyderabad, Telangana, India | |||
| SSG Energy India Private Limited | ₹6.11 Cr (FY 2025) | 21.0% | Delhi, India | |||
| Acutech Solar Private Limited | ₹6.07 Cr (FY 2019) | 4.0% | Pune, Maharashtra, India |
To see the full peer comparison of Meriton Switchgears Private Limited, buy the company report.
Auditor
Meriton Switchgears Private Limited is audited by THILAGAR ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THILAGAR ASSOCIATES | FY 2023 | 225192 |
Shareholding
The shareholding of Meriton Switchgears Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Meriton Switchgears Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2025 | 101197904 | Hdfc Bank Limited | ₹18.93 Lakh | Open | |
| 10 Jul 2024 | 100948540 | Others | ₹75 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Meriton Switchgears Private Limited has 2 court cases on record: 2 filed by Meriton Switchgears. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Erode, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Erode, Tamil Nadu | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Meriton 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 Meriton Switchgears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Meriton Switchgears Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
GST
Meriton Switchgears has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAOCM9025E1ZG | Tamil Nadu | Active | 21 Sep 2021 |
To see the full GST registrations and return filing status of Meriton Switchgears Private Limited, buy the company report.
Recent activity
Meriton Switchgears Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Sivasankar ceased to be Director on 17 Jan 2022.
Frequently asked questions
Meriton Switchgears is an active private limited company based in Erode, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 26 August 2021 (5+ years old) and is registered under CIN U31904TZ2021PTC036887.
Meriton Switchgears has 2 current directors:
- Arunachalam Vinoth - Director
- Subramaniam Sureshkumar - Director
The latest financial statements of Meriton Switchgears 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 FY 2022 are in the company report.
The GSTIN of Meriton Switchgears is 33AAOCM9025E1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Meriton Switchgears is U31904TZ2021PTC036887. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meriton Switchgears has 2 court cases on record: 2 filed by the company. 1 is pending.
Meriton Switchgears was incorporated on 26 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Meriton Switchgears by revenue are Murli Electrode Private Limited, Fibre and Fibre Technologies India Private Limited, D.S. Controls and Automation Private Limited, Tushara Energy Ventures Private Limited, SSG Energy India 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).
Sivasankar ceased to be Director on 17 Jan 2022. Arunachalam Vinoth was appointed as Director on 03 Jan 2022. Subramaniam Sureshkumar was appointed as Director on 26 Aug 2021.
Yes, Meriton Switchgears is registered as a small enterprise under Udyam registration (number: UDYAM-TN-07-0026275).
Meriton Switchgears can be reached through the website srisuriyaatraders.com. Its registered office is in Erode, Tamil Nadu, India.

