MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0059374
Hivoltrans Electricals Pvt Ltd - energy and power in Halol, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.39 Cr
▲ 44% YoY
Net profit · FY 2025
₹62.19 Lakh
Net margin 5%
EBITDA · FY 2025
₹1.99 Cr
EBITDA margin 16.1%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹46.55 Lakh
Issued & subscribed
Open charges
₹10.53 Cr
Satisfied ₹3 Cr
Company age
44 yrs
Est. 1982
Employees · EPFO
40
Provident fund records
About Hivoltrans Electricals Pvt Ltd
Data last updated:
Hivoltrans Electricals Pvt Ltd is a private limited company based in Halol, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 24 May 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ1982PTC005227. Its GSTIN is 24AAACH5095B1ZY (Gujarat).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹46.55 Lakh. It is led by directors including Amit Hrishikesh Roychowdhury (Whole-Time Director) and Ghanshyam Vitthal Akre (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 2203 G.I.D.C. Industrial Estate, Halol, Gujarat, India – 389350.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.39 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹62.19 Lakh (net margin 5%) and EBITDA of ₹1.99 Cr (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.53 Cr and satisfied charges of ₹3 Cr on record. Court records list 16 cases involving the company, including 2 filed by the company and 14 filed against it; 3 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in April 2014. Its 4 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 2 smaller; the largest is Saitech Electrical Private Limited with revenue of ₹8.57 Cr.
Hivoltrans Electricals Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0059374). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vishalgroup.in.
Company details
CIN U31909GJ1982PTC005227
Registration Number 005227
Incorporation Date 24 May 1982
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-01-0059374
Key People
Amit Hrishikesh Roychowdhury Whole-Time Director Ghanshyam Vitthal Akre Whole-Time Director Sharad Khattar Director Recognitions & Rankings of Hivoltrans Electricals
Contact details
Hivoltrans Electricals Pvt Ltd's registered office is in Halol, Gujarat. Its website is vishalgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2203 G.I.D.C. Industrial Estate, Halol, Gujarat, India – 389350
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Hivoltrans Electricals Pvt Ltd, buy the company report.
Comprehensive company report
Hivoltrans Electricals 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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Business activity
The main business activity of Hivoltrans Electricals 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 Hivoltrans Electricals Pvt Ltd, buy the company report.
Financials of Hivoltrans Electricals Pvt Ltd
FY 2025 filings availableHivoltrans Electricals Pvt Ltd reported revenue of ₹12.39 Cr (up 44% YoY) for FY 2025.
Revenue · FY 2025
₹12.39 Cr ▲ 44%
Net profit · FY 2025
₹62.19 Lakh margin 5%
EBITDA · FY 2025
₹1.99 Cr margin 16.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 15%
EBITDA CAGR growth
3 years · compounded
▲ 52%
Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 44% growth 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 |
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| EBITDA | ₹1.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹62.19 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.1% | ||||
| Net Profit Margin | 5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hivoltrans Electricals Pvt Ltd, buy the company report.
Board of directors of Hivoltrans Electricals Pvt Ltd
Hivoltrans Electricals has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Hrishikesh Roychowdhury | Whole-Time Director | 24 May 1982 | 44 Years 5 Months | Current |
| Sharad Khattar Also directs: New Electro Metallics Private Limited, Vishal Smart Electric Private Limited, Vishal Electro Power Private Limited and 1 more | Director | 24 Apr 2014 | 12 Years 6 Months | Current |
| Ghanshyam Vitthal Akre | Whole-Time Director | 24 May 1982 | 44 Years 5 Months | Current |
| Shitij Khattar | Director | 24 Apr 2014 | 12 Years 6 Months | Current |
Peer comparison
Hivoltrans Electricals Pvt Ltd is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Hivoltrans Electricals Pvt Ltdthis company | ₹12.39 Cr (FY 2025) | ₹62.19 Lakh | 5% | 44.0% | 40 | Halol, Gujarat, India |
| Saitech Electrical Private Limited | ₹8.57 Cr (FY 2025) | 137.0% | Pune, Maharashtra, India | |||
| Gemco Controls Limited | ₹8.57 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Aguerri Industries Private Limited | ₹8.53 Cr (FY 2024) | -25.0% | Sriperumbudur, Tamil Nadu, India | |||
| Venkateswara Suppliers Private Limited | ₹8.49 Cr (FY 2024) | 52.0% | Palakkad, Kerala, India |
To see the full peer comparison of Hivoltrans Electricals Pvt Ltd, buy the company report.
Auditor
Hivoltrans Electricals Pvt Ltd is audited by MEHTA LODHA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA LODHA & CO. | FY 2022 | 106250W |
Shareholding
The shareholding of Hivoltrans Electricals Pvt Ltd is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2022 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hivoltrans Electricals Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹10.53 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 1993 | 80015088 | Others | ₹10.53 Cr | Open | |
| 01 Mar 2019 | 100247822 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Hivoltrans Electricals Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Hivoltrans Electricals Pvt Ltd has 1 deal on record (1 acquisition); the latest was in April 2014.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2014 | Acquisition | Undisclosed | Buyer: Vishal Electro Power Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hivoltrans Electricals Pvt Ltd has 16 court cases on record: 2 filed by Hivoltrans Electricals, 14 filed against it. 3 cases are pending and 13 are disposed.
Total cases
16
Filed by the company
2
Filed against the company
14
Pending
3
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 13 | 3 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Execution petition | Filed against the company by M/S Usha Amorphous Metals Pvt Ltd Through Its Authorised Person | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by M/S Gupta Power Infrastructure Ltd | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S Usha Amorphous Metals P Ltd | Pending |
| District court, Panchmahal at Godhra, Gujarat | Court case (EXE R) | Filed against the company by Mehta Tubes Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Mehta Tubes Ltd | Disposed |
To see the full case history of Hivoltrans Electricals 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
No delayed payments to MSME suppliers are on our record for Hivoltrans Electricals Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hivoltrans Electricals Pvt Ltd has a workforce of 40 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
GST
Hivoltrans Electricals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH5095B1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hivoltrans Electricals Pvt Ltd, buy the company report.
Recent activity
Hivoltrans Electricals Pvt Ltd has 8 board changes on record since 1982: 4 appointments and 4 cessations. The latest: Suresh Kumar Khattar ceased to be Director on 27 Nov 2018.
AGM
Hivoltrans Electricals Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hivoltrans Electricals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 01 Mar 2019 via Charge ID 100247822 with Others was fully satisfied on 21 Sep 2022.
Charges
A charge with Others of Rs. 1,053.00 Lakh registered on 17 Mar 1993 with Charge ID 80015088 was modified on 03 Feb 2022.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100247822 was registered on 01 Mar 2019.
Ceased
Suresh Kumar Khattar ceased to be Director.
Ceased
Sharad Khattar ceased to be Additional Director.
Ceased
Shitij Khattar ceased to be Additional Director.
Appointed
Sharad Khattar was appointed as Director.
Appointed
Shitij Khattar was appointed as Director.
Ceased
Vasant Ranchhoddas Karia ceased to be Whole-Time Director.
Charges
A charge with Others amounted to Rs. 1,053.00 Lakh with Charge ID 80015088 was registered on 17 Mar 1993.
3 earlier events are in the company report.
Frequently asked questions
Hivoltrans Electricals is an active private limited company based in Halol, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 24 May 1982 (44+ years old) and is registered under CIN U31909GJ1982PTC005227.
Hivoltrans Electricals has 4 current directors:
- Amit Hrishikesh Roychowdhury - Whole-Time Director
- Ghanshyam Vitthal Akre - Whole-Time Director
- Sharad Khattar - Director
- Shitij Khattar - Director
The latest financial statements of Hivoltrans Electricals 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 Hivoltrans Electricals is 24AAACH5095B1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Hivoltrans Electricals is U31909GJ1982PTC005227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hivoltrans Electricals has 16 court cases on record: 2 filed by the company and 14 filed against it. 3 are pending. Most are in the district courts.
Hivoltrans Electricals was incorporated on 24 May 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hivoltrans Electricals has 1 deal on record (1 acquisition); the latest was in April 2014.
The peers of Hivoltrans Electricals by revenue are Saitech Electrical Private Limited, Gemco Controls Limited, Aguerri Industries Private Limited, Venkateswara Suppliers Private 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).
Suresh Kumar Khattar ceased to be Director on 27 Nov 2018. Sharad Khattar ceased to be Additional Director on 30 Sep 2014. Shitij Khattar ceased to be Additional Director on 30 Sep 2014. Hivoltrans Electricals has 8 board changes on record in total.
Yes, Hivoltrans Electricals is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0059374).