About Mex Switchgears Pvt Ltd
Data last updated:
Mex Switchgears Pvt Ltd is a private limited company based in Jalandhar, Punjab, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 09 August 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U31200PB1979PTC004019. Its GSTIN is 03AABCM2165N1ZI (Punjab). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Jai Saini Kishan (Managing Director) and Tejal Saini (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 Mexestate 9th Km Pathankot Road, Jalandhar, Punjab, India – 144012.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.07 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹81.34 Lakh (net margin 2.5%) and EBITDA of ₹2 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 7% over five years.
The company has about 172 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mex Switchgears. As per MCA filings, the company has open charges of ₹5.69 Cr and satisfied charges of ₹1.63 Cr on record. Court records list 42 cases involving the company, including 39 filed by the company and 2 filed against it; 17 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mexswitchgears.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressMexestate 9th Km Pathankot Road, Jalandhar, Punjab, India – 144012
- 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
Associated Brands with Mex Switchgears Pvt Ltd
Mex Switchgears operates one associated brand: Mex Switchgears. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of electrical switchgears and control gears in India. | mexswitchgears.com |
Business Activity of Mex Switchgears Pvt Ltd
The main business activity of Mex Switchgears is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mex Switchgears Pvt Ltd
Mex Switchgears Pvt Ltd is audited by Y. K. SUD & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Y. K. SUD & 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.
Board of Directors of Mex Switchgears Pvt Ltd
Mex Switchgears has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejal Saini | Whole-Time Director | 16 Oct 2020 | 5 Years 11 Months | Current |
| Shimmi Kalra | Whole-Time Director | 01 Jan 2010 | 16 Years 9 Months | Current |
| Jai Saini Kishan | Managing Director | 09 Aug 1979 | 47 Years 1 Months | Current |
| Chitwan Saini | Whole-Time Director | 01 Apr 2010 | 16 Years 6 Months | Current |
Financials of Mex Switchgears Pvt Ltd FY 2025 filings available
Mex Switchgears Pvt Ltd reported revenue of ₹33.07 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mex Switchgears Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 16% growth in the latest year. EBITDA rose 15% 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 Mex Switchgears Pvt Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹81.34 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mex Switchgears Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 Mex Switchgears 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.
Ownership and Shareholding of Mex Switchgears Pvt Ltd
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 Mex Switchgears Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2025 | Bank of India | ₹49 Lakh | Open |
| 24 May 2005 | State Bank of India | ₹5.2 Cr | Open |
| 16 Dec 2019 | Others | ₹30 Lakh | Satisfied |
| 27 Oct 2010 | District Industries Centre | ₹4.5 Lakh | Satisfied |
| 28 Apr 2008 | State Bank of India | ₹9.35 Lakh | Satisfied |
Total charge records: 19 View all charges
Employees and EPFO Compliance at Mex Switchgears Pvt Ltd
Mex Switchgears Pvt Ltd has a workforce of 172 employees as of Apr 01, 2024.
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.
GST Compliance of Mex Switchgears Pvt Ltd
Mex Switchgears has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCM2165N1ZI | Punjab | Active | 01 Jul 2017 |
| 02AABCM2165N1ZK | Himachal Pradesh | 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.
Legal Cases of Mex Switchgears Pvt Ltd
Mex Switchgears Pvt Ltd has 42 court cases on record: 39 filed by Mex Switchgears, 2 filed against it, 1 where it is another party. 17 cases are pending and 25 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 33 | 2 | 14 |
| District courts | 9 | 0 | 3 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (IPDTMA) | Filed by the company against Umex Polymers Private Limited | Pending |
| High Court of Delhi | Court case (C.A.(COMM.IPD-TM)) | Filed by the company against Twinkle Luminaires Private Limited | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Safvolt Switchgears Private Limited | Disposed |
| Madras High Court | Court case (CMA(TM)) | Filed by the company against Registrar of Trademarks | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against an individual | Pending |
Full case history
All 42 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.
Credit Ratings, Litigation & Regulatory Alerts for Mex Switchgears Pvt Ltd
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 Mex Switchgears Pvt Ltd
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 Mex Switchgears Pvt Ltd
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.
MCA Filings & Documents of Mex Switchgears Pvt Ltd
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.
Recent Activity on Mex Switchgears Pvt Ltd
Frequently Asked Questions about Mex Switchgears Pvt Ltd
Mex Switchgears is an active private limited company based in Jalandhar, Punjab, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 09 August 1979 (47+ years old) and is registered under CIN U31200PB1979PTC004019.
Mex Switchgears reported revenue of ₹33.07 Cr for FY 2025 (up 16% YoY).
Mex Switchgears has 4 current directors:
- Jai Saini Kishan - Managing Director
- Tejal Saini - Whole-Time Director
- Shimmi Kalra - Whole-Time Director
- Chitwan Saini - Whole-Time Director
Mex Switchgears reported a net profit of ₹81.34 Lakh (net margin 2.5%) and EBITDA of ₹2 Cr (EBITDA margin 6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mex Switchgears is 9% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mex Switchgears is 03AABCM2165N1ZI, registered in Punjab. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 02AABCM2165N1ZK (Himachal Pradesh).
The CIN (Corporate Identification Number) of Mex Switchgears is U31200PB1979PTC004019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mex Switchgears has 42 court cases on record: 39 filed by the company and 2 filed against it. 17 are pending. Most are in the high courts.
Mex Switchgears was incorporated on 09 August 1979, making it 47+ years old. It is registered with the Registrar of Companies, Chandigarh.