MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0018896
Gujarat Transformers Pvt Ltd - energy and power in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹40.8 Cr
▲ 50% YoY
Net profit · FY 2025
₹61.96 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹4.06 Cr
EBITDA margin 9.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹6.5 Lakh
Issued & subscribed
Open charges
₹38.45 Cr
Satisfied ₹8.88 Cr
Company age
60 yrs
Est. 1966
Directors on board
3
As per MCA filings
About Gujarat Transformers Pvt Ltd
Data last updated:
Gujarat Transformers Pvt Ltd is a private limited company based in Vadodara, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 15 September 1966 and has been in existence for over 60 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32201GJ1966PTC001413. Its GSTIN is 24AAACG7099L1Z6 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹6.5 Lakh. It is led by directors including Montu Dharmendra Shah and Mina Dharmendra Shah.
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 Priyadarshini Station Rdmaneja, Vadodara, Gujarat, India – 390013.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.8 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹61.96 Lakh (net margin 1.5%) and EBITDA of ₹4.06 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 28% over five years.
The company is associated with 1 brand: Gujarat Transformers. As per MCA filings, the company has open charges of ₹38.45 Cr and satisfied charges of ₹8.88 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Gujarat Transformers Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0018896). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gujarattransformers.com.
Company details
CIN U32201GJ1966PTC001413
Registration Number 001413
Incorporation Date 15 September 1966
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-24-0018896
Key People
Montu Dharmendra Shah Director Mina Dharmendra Shah Director Dhruv Dharmendra Shah Director Recognitions & Rankings of Gujarat Transformers
Contact details
Gujarat Transformers Pvt Ltd's registered office is in Vadodara, Gujarat. Its website is gujarattransformers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPriyadarshini Station Rdmaneja, Vadodara, Gujarat, India – 390013
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Gujarat Transformers Pvt Ltd, buy the company report.
Comprehensive company report
Gujarat Transformers Pvt Ltd - 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
Gujarat Transformers operates one associated brand: Gujarat Transformers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of transformers, including power and distribution types, in India. | gujarattransformers.com |
Business activity
The main business activity of Gujarat Transformers 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 Gujarat Transformers Pvt Ltd, buy the company report.
Financials of Gujarat Transformers Pvt Ltd
FY 2025 filings availableGujarat Transformers Pvt Ltd reported revenue of ₹40.8 Cr (up 50% YoY) for FY 2025.
Revenue · FY 2025
₹40.8 Cr ▲ 50%
Net profit · FY 2025
₹61.96 Lakh margin 1.5%
EBITDA · FY 2025
₹4.06 Cr margin 9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 30%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 40%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 50% growth in the latest year. EBITDA rose 42% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹61.96 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 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Gujarat Transformers Pvt Ltd, buy the company report.
Board of directors of Gujarat Transformers Pvt Ltd
Gujarat Transformers has 3 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 |
|---|---|---|---|---|
| Montu Dharmendra Shah Also directs: Ratna Tourism (India) Private Limited | Director | 09 Mar 2015 | 11 Years 7 Months | Current |
| Mina Dharmendra Shah | Director | 11 Aug 1994 | 32 Years 2 Months | Current |
| Dhruv Dharmendra Shah Also directs: Ratna Tourism (India) Private Limited | Director | 09 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Gujarat Transformers Pvt Ltd is compared with the 5 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 |
|---|---|---|---|---|---|---|
| B and H Electrodes Private Limited | ₹40.94 Cr (FY 2025) | -2.0% | Chandigarh, India | |||
| Ksquare Energy Private Limited | ₹40.86 Cr (FY 2024) | 16.0% | Ahmedabad, Gujarat, India | |||
| Lumens Aircon Private Limited | ₹40.82 Cr (FY 2024) | -16.0% | Mumbai, Maharashtra, India | |||
| Gujarat Transformers Pvt Ltdthis company | ₹40.8 Cr (FY 2025) | ₹61.96 Lakh | 1.5% | 50.0% | Vadodara, Gujarat, India | |
| Maktel Power Limited | ₹40.77 Cr (FY 2017) | 5.0% | Vadodara, Gujarat, India | |||
| Motif Electric Limited | ₹40.65 Cr (FY 2025) | 24.0% | Delhi, India |
To see the full peer comparison of Gujarat Transformers Pvt Ltd, buy the company report.
Auditor
Gujarat Transformers Pvt Ltd is audited by JAIN & HINDOCHA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN & HINDOCHA | FY 2022 | 103868W |
Shareholding
The shareholding of Gujarat Transformers Pvt Ltd 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 Gujarat Transformers Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹38.45 Cr
Satisfied charges
₹8.88 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Apr 2025 | 101083676 | Others | ₹4 Cr | Open | |
| 31 Jul 2024 | 100998061 | Hdfc Bank Limited | ₹1.13 Cr | Open | |
| 24 Mar 2022 | 100558955 | Axis Bank Limited | ₹13 Cr | Open | |
| 23 Mar 2022 | 100558951 | Axis Bank Limited | ₹18.25 Cr | Open | |
| 08 Mar 2021 | 100463758 | Axis Bank Limited | ₹96.75 Lakh | Open |
To see the full charge records of Gujarat Transformers Pvt Ltd, buy the company report.
Total charge records: 10 View all charges
Legal cases
Gujarat Transformers Pvt Ltd has 3 court cases on record: 1 filed by Gujarat Transformers, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Shri Balakrishnan M/S V.B.K. Electricals and Agencies Pvt Ltd | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by an individual | Disposed |
To see the full case history of Gujarat Transformers Pvt Ltd, 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
Gujarat Transformers Pvt Ltd has 5 MSME Form 1 returns on record between 2019 and 2024, listing 137 overdue payments to 32 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 32)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Gujarat Transformers Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Gujarat Transformers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG7099L1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gujarat Transformers Pvt Ltd, buy the company report.
Recent activity
Gujarat Transformers Pvt Ltd has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Dharmendra Purushottam Shah ceased to be Director on 01 Jan 2019.
Charges
A charge with Axis Bank Limited of Rs. 1,825.00 Lakh registered on 23 Mar 2022 with Charge ID 100558951 was modified on 04 Dec 2025.
AGM
Gujarat Transformers Pvt Ltd 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. 400.00 Lakh with Charge ID 101083676 was registered on 19 Apr 2025.
Filing
Gujarat Transformers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 113.00 Lakh with Charge ID 100998061 was registered on 31 Jul 2024.
Charges
A charge with Axis Bank Limited of Rs. 1,300.00 Lakh registered on 24 Mar 2022 with Charge ID 100558955 was modified on 25 Jul 2024.
Charges
A charge registered on 04 Jul 2018 via Charge ID 100492282 with Hdfc Bank Limited was fully satisfied on 11 Oct 2022.
Charges
A charge registered on 27 Aug 2020 via Charge ID 100368569 with Others was fully satisfied on 18 May 2022.
Charges
A charge registered on 31 Jan 2003 via Charge ID 80012663 with Bank Of Baroda was fully satisfied on 18 May 2022.
Charges
A charge registered on 02 Dec 2002 via Charge ID 80012666 with Bank Of Baroda was fully satisfied on 18 May 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,300.00 Lakh with Charge ID 100558955 was registered on 24 Mar 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,825.00 Lakh with Charge ID 100558951 was registered on 23 Mar 2022.
13 earlier events are in the company report.
Frequently asked questions
Gujarat Transformers is an active private limited company based in Vadodara, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 15 September 1966 (60+ years old) and is registered under CIN U32201GJ1966PTC001413.
Gujarat Transformers has 3 current directors:
- Montu Dharmendra Shah - Director
- Mina Dharmendra Shah - Director
- Dhruv Dharmendra Shah - Director
The latest financial statements of Gujarat Transformers 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 Gujarat Transformers is 24AAACG7099L1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Gujarat Transformers is U32201GJ1966PTC001413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gujarat Transformers has 3 court cases on record: 1 filed by the company and 2 filed against it.
Gujarat Transformers was incorporated on 15 September 1966, making it 60+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gujarat Transformers by revenue are B and H Electrodes Private Limited, Ksquare Energy Private Limited, Lumens Aircon Private Limited, Maktel Power Limited, Motif Electric Limited, 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).
Dharmendra Purushottam Shah ceased to be Director on 01 Jan 2019. Dhruv Dharmendra Shah was appointed as Director on 09 Mar 2015. Montu Dharmendra Shah was appointed as Director on 09 Mar 2015. Gujarat Transformers has 4 board changes on record in total.
Yes, Gujarat Transformers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0018896).
Gujarat Transformers has 5 MSME Form 1 returns on record between 2019 and 2024, listing 137 overdue payments to 32 micro and small suppliers. The latest return was filed on 14 May 2024.
Gujarat Transformers can be reached through the website gujarattransformers.com. Its registered office is in Vadodara, Gujarat, India.
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