Micon Automation Systems Private Limited

Micon Automation Systems Private Limited - consumer electronics & durables in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U31909GJ2006PTC048980 Incorporated 31 August 2006 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company consumer electronics and durables MSME · Small
Data last updated
Revenue · FY 2025
₹16.45 Cr
▼ 41% YoY
Net profit · FY 2025
₹58.87 Lakh
Net margin 3.6%
EBITDA · FY 2025
₹1.07 Cr
EBITDA margin 6.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹22 Lakh
Satisfied ₹3.56 Cr
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings

About Micon Automation Systems Private Limited

Data last updated:

Micon Automation Systems Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 31 August 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ2006PTC048980. Its GSTIN is 24AAECM7879C1ZB (Gujarat).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Parag Vishnuprasad Shukla and Niket Sureshchandra Gorakhia.

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 A – 814 Siddhi Vinayak Towers B/H Dcp Office Off. S.G. Road Makarba, Ahmedabad, Gujarat, India – 380051.

As per the financials filed for FY 2025, the company reported a revenue of ₹16.45 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹58.87 Lakh (net margin 3.6%) and EBITDA of ₹1.07 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.

The company is associated with 1 brand: MICON. As per MCA filings, the company has open charges of ₹22 Lakh and satisfied charges of ₹3.56 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹10 Lakh; the latest was in March 2011. Its 6 peer companies in the Consumer Durables industry (Automation, Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 3 smaller; the largest is Rse Technology Private Limited with revenue of ₹16.59 Cr.

Micon Automation Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0034079). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website miconindia.com.

Company details

CIN U31909GJ2006PTC048980
Registration Number 048980
Incorporation Date 31 August 2006
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-01-0034079

Recognitions & Rankings of Micon Automation Systems

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0034079

Contact details

Micon Automation Systems Private Limited's registered office is in Ahmedabad, Gujarat. Its website is miconindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    A – 814 Siddhi Vinayak Towers B/H Dcp Office Off. S.G. Road Makarba, Ahmedabad, Gujarat, India – 380051
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution

To see the full contact details of Micon Automation Systems Private Limited, buy the company report.

Comprehensive company report
Micon Automation Systems 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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Brands

Micon Automation Systems operates one associated brand: MICON. Each brand links to its own profile.

BrandDescriptionWebsite
Supply of automation, control, and instrumentation solutions in industrial sectors.miconindia.com

Business activity

The main business activity of Micon Automation Systems is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Micon Automation Systems Private Limited, buy the company report.

Financials of Micon Automation Systems Private Limited

FY 2025 filings available

Micon Automation Systems Private Limited reported revenue of ₹16.45 Cr (down 41% YoY) for FY 2025.

Revenue · FY 2025
₹16.45 Cr ▼ 41%
Net profit · FY 2025
₹58.87 Lakh margin 3.6%
EBITDA · FY 2025
₹1.07 Cr margin 6.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 2%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 55%
3 years · compounded
▼ 20%
5 years · compounded
▼ 8%

Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 55% 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₹1.07 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹58.87 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.5%
Net Profit Margin3.6%
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 Micon Automation Systems Private Limited, buy the company report.

Board of directors of Micon Automation Systems Private Limited

Micon Automation Systems has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Parag Vishnuprasad ShuklaDirector31 Aug 200620 Years 1 MonthsCurrent
Niket Sureshchandra GorakhiaDirector31 Aug 200620 Years 1 MonthsCurrent

Peer comparison

Micon Automation Systems Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Automation, Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rse Technology Private Limited₹16.59 Cr (FY 2025)110.0%Gurugram, Haryana, India
Geberit Electronics Private Limited₹16.57 Cr (FY 2025)-12.0%Delhi, India
Apvm Electronics Private Limited₹16.51 Cr (FY 2024)-74.0%Delhi, India
Micon Automation Systems Private Limitedthis company₹16.45 Cr (FY 2025)₹58.87 Lakh3.6%-41.0%Ahmedabad, Gujarat, India
Navya Electric Vehicle Private Limited₹16.45 Cr (FY 2025)94.0%Howrah, West Bengal, India
Crazelink Gadgets Private Limited₹16.44 Cr (FY 2025)34.0%Ludhiana, Punjab, India
Banwari Lall Electricals Private Limited₹16.41 Cr (FY 2025)-2.0%Ambala, Haryana, India

To see the full peer comparison of Micon Automation Systems Private Limited, buy the company report.

Auditor

Micon Automation Systems Private Limited is audited by CHHAJED & DOSHI for the financial year 2021.

Auditor firmFinancial yearFirm registration number
CHHAJED & DOSHIFY 2021101794W

Shareholding

The shareholding of Micon Automation Systems Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Micon Automation Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
₹22 Lakh
Satisfied charges
₹3.56 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹0.22 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Dec 2022100674348Hdfc Bank Limited₹22 LakhOpen
07 Sep 2016100049186Others₹1.28 CrSatisfied
21 Jul 2016100043406Others₹1.28 CrSatisfied
15 Mar 201010205936State Bank of India₹1 CrSatisfied

To see the full charge records of Micon Automation Systems Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Micon Automation Systems Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹10 Lakh; the latest was in March 2011.

Total deals
1
Funding round
1
Disclosed funding
₹10 Lakh

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2011Funding round₹10 LakhInvestors: 4 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 Micon Automation Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Micon Automation Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECM7879C1ZBGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Micon Automation Systems Private Limited, buy the company report.

Recent activity

Micon Automation Systems Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Niket Sureshchandra Gorakhia was appointed as Director on 31 Aug 2006.

AGM
Micon Automation Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Micon Automation Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 07 Sep 2016 via Charge ID 100049186 with Others was fully satisfied on 05 Sep 2024.
Charges
A charge registered on 21 Jul 2016 via Charge ID 100043406 with Others was fully satisfied on 05 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.00 Lakh with Charge ID 100674348 was registered on 14 Dec 2022.
Charges
A charge registered on 15 Mar 2010 via Charge ID 10205936 with State Bank Of India was fully satisfied on 05 May 2017.
Charges
A charge with Others amounted to Rs. 128.00 Lakh with Charge ID 100049186 was registered on 07 Sep 2016.
Charges
A charge with Others amounted to Rs. 128.00 Lakh with Charge ID 100043406 was registered on 21 Jul 2016.
Charges
A charge with State Bank Of India of Rs. 100.00 Lakh registered on 15 Mar 2010 with Charge ID 10205936 was modified on 30 Dec 2014.
Charges
A charge with State Bank Of India amounted to Rs. 100.00 Lakh with Charge ID 10205936 was registered on 15 Mar 2010.
Appointed
Niket Sureshchandra Gorakhia was appointed as Director.
Appointed
Parag Vishnuprasad Shukla was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Micon Automation Systems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 31 August 2006 (20+ years old) and is registered under CIN U31909GJ2006PTC048980.

Micon Automation Systems has 2 current directors:

The latest financial statements of Micon Automation Systems 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 Micon Automation Systems is 24AAECM7879C1ZB, registered in Gujarat.

The CIN (Corporate Identification Number) of Micon Automation Systems is U31909GJ2006PTC048980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Micon Automation Systems was incorporated on 31 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Micon Automation Systems has 1 deal on record (1 funding round), with disclosed funding of ₹10 Lakh; the latest was in March 2011.

The peers of Micon Automation Systems by revenue are Rse Technology Private Limited, Geberit Electronics Private Limited, Apvm Electronics Private Limited, Navya Electric Vehicle Private Limited, Crazelink Gadgets Private Limited and 1 more, all in the Consumer Durables industry (Automation, Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).

Niket Sureshchandra Gorakhia was appointed as Director on 31 Aug 2006. Parag Vishnuprasad Shukla was appointed as Director on 31 Aug 2006.

Yes, Micon Automation Systems is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0034079).

Micon Automation Systems can be reached through the website miconindia.com. Its registered office is in Ahmedabad, Gujarat, India.