About Metacore Electricals Limited
Data last updated:
Metacore Electricals Limited is a public limited company based in Mahad, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 December 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31300MH1988PLC050186. Its GSTIN is 27AAACM8312N1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹39.96 Lakh. It is led by directors including Geeta Mahesh Bagadia and Mahesh Kantilal Bagadia.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. D – 4 MIDC, Mahad, Maharashtra, India – 402301.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.22 Lakh, a decline of 79% compared to the previous year. Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 28% over five years.
As per MCA filings, the company has satisfied charges of ₹33 Lakh on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website metacore.in.
- EmailLocked
- TelephoneLocked
- Website
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- Registered AddressPlot No. D – 4 MIDC, Mahad, Maharashtra, India – 402301
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Financials of Metacore Electricals Limited FY 2025 filings available
Metacore Electricals Limited reported revenue of ₹2.22 Lakh (down 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Metacore Electricals Limited
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 79% fall 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 of Metacore Electricals Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 of Metacore Electricals Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Metacore Electricals are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Metacore Electricals Limited
Metacore Electricals has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geeta Mahesh Bagadia | Director | 06 Sep 2007 | 19 Years 1 Months | Current |
| Mahesh Kantilal Bagadia | Director | 27 Dec 1988 | 37 Years 9 Months | Current |
| Mrugesh Mahesh Bagadia Also directs: Quantegic Advisors LLP | Director | 24 Jul 2009 | 17 Years 2 Months | Current |
Peer Comparison of Metacore Electricals Limited
Metacore Electricals Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Calypte Infrastructure Private Limited | ₹2.3 Lakh (FY 2018) | •••• | •••• | •••• | Delhi, India | |
| Grinbelch Electronics Private Limited | ₹2.3 Lakh (FY 2018) | •••• | •••• | •••• | Patna, Bihar, India | |
| Qdos Flexcircuits (India) Private Limited | ₹2.28 Lakh (FY 2025) | •••• | •••• | -100.0% | •••• | Bangalore, Karnataka, India |
| Essen Deinki Pvt Ltd | ₹2.27 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Chandigarh, India |
| Aaban Controls Private Limited | ₹2.23 Lakh (FY 2025) | •••• | •••• | 6206.0% | •••• | Aurangabad, Maharashtra, India |
| Metacore Electricals Limited this company | ₹2.22 Lakh (FY 2025) | •••• | •••• | -79.0% | •••• | Mahad, Maharashtra, India |
| Raipur Infraventures Private Limited | ₹2.19 Lakh (FY 2016) | •••• | •••• | 514.0% | •••• | Raipur, Chhattisgarh, India |
| Aie Infra Private Limited | ₹2.13 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Thane, Maharashtra, India |
| Urja Transformers (Bombay) Pvt.Ltd. | ₹2.13 Lakh (FY 2021) | •••• | •••• | -88.0% | •••• | Mumbai, Maharashtra, India |
| Savvy Automation and Controls India Private Limited | ₹2.11 Lakh (FY 2022) | •••• | •••• | 1346.0% | •••• | Pune, Maharashtra, India |
| Molecule Enterprises Private Limited | ₹2.1 Lakh (FY 2025) | •••• | •••• | 29900.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Metacore Electricals by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Metacore Electricals Limited
Metacore Electricals Limited is audited by DINESH B BHANUSHALI & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DINESH B BHANUSHALI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Metacore Electricals Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Metacore Electricals Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 2016 | State Bank of India | ₹33 Lakh | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Metacore Electricals Limited
Metacore Electricals Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APPLN) | Filed against the company by Asian Oil Company | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Asian Oil Company | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Ms. Trans Equipment Corporation | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Ms. Trans Equipment Corporation | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Metacore Electricals Limited
Employment history and EPFO contributions of people linked to Metacore Electricals.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Metacore Electricals Limited
Metacore Electricals Limited has 5 board changes on record since 1988: 3 appointments and 2 cessations. The latest: Krishnadoss ceased to be Director on 07 Aug 2009.
Credit Ratings, Litigation & Regulatory Alerts for Metacore Electricals Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Metacore Electricals Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Metacore Electricals Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Metacore Electricals Limited
Metacore Electricals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM8312N1Z8 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Metacore Electricals Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Metacore Electricals Limited
Metacore Electricals is an active public limited company based in Mahad, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 December 1988 (38+ years old) and is registered under CIN U31300MH1988PLC050186.
Metacore Electricals reported revenue of ₹2.22 Lakh for FY 2025 (down 79% YoY).
Metacore Electricals has 3 current directors:
- Geeta Mahesh Bagadia - Director
- Mahesh Kantilal Bagadia - Director
- Mrugesh Mahesh Bagadia - Director
The compounded annual growth rate (CAGR) of the revenue of Metacore Electricals is 61% over three years and -28% over five years. In the latest year (FY 2025) revenue fell 79%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Metacore Electricals is 27AAACM8312N1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Metacore Electricals is U31300MH1988PLC050186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metacore Electricals has 4 court cases on record: 4 filed against it. Most are in the district courts.
Metacore Electricals was incorporated on 27 December 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Metacore Electricals by revenue are Calypte Infrastructure Private Limited, Grinbelch Electronics Private Limited, Qdos Flexcircuits (India) Private Limited, Essen Deinki Pvt Ltd, Aaban Controls Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Krishnadoss ceased to be Director on 07 Aug 2009. Mrugesh Mahesh Bagadia was appointed as Director on 24 Jul 2009. Mrugesh Mahesh Bagadia ceased to be Director on 13 Sep 2007. Metacore Electricals has 5 board changes on record in total.
Metacore Electricals can be reached through the website metacore.in. Its registered office is in Mahad, Maharashtra, India.