About Shreem Electric Limited
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Shreem Electric Limited is a public limited company based in Hatkanangale, Maharashtra, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 02 January 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51505PN1976PLC151160. Its GSTIN is 03AACCS4893C1ZJ (Punjab). The company holds 21 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹90.99 Cr and a paid-up capital of ₹20.57 Cr. It was formerly known as Shreem Electric Private Limited and Shreem Capacitors Private Limited. It is led by directors including Vishal Shahaji Jagadale (Managing Director) and Vikas Shahaji Jagadale (Managing 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 Hatkanangale, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹363.32 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹14.26 Cr (net margin 3.9%) and EBITDA of ₹44.9 Cr (EBITDA margin 12.4%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The company has about 434 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shreem Electric. As per MCA filings, the company has open charges of ₹564.75 Cr and satisfied charges of ₹1,383.11 Cr on record. Court records list 115 cases involving the company, including 65 filed by the company and 50 filed against it; 20 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹68.52 Cr; the latest was in March 2012.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreemelectric.com.
Company details
Name history
Shreem Electric has undergone 2 name changes throughout its history. The company was previously known as Shreem Electric Private Limited, and Shreem Capacitors Private Limited. The current legal name is Shreem Electric Limited.
| Company Name | Status |
|---|---|
| Shreem Electric Limited | Current |
| Shreem Electric Private Limited | Previous |
| Shreem Capacitors Private Limited | Previous |
CIN history
Shreem Electric has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51505PN1976PLC151160, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51505PN1976PLC151160 | Current |
| U51505MH1976PLC235523 | Previous |
| U51505MH1976PLC018741 | Previous |
Contact details
Shreem Electric Limited's registered office is in Hatkanangale, Maharashtra. Its website is shreemelectric.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 43 To 46, L. K. Akiwate Industrial Co – Op. Estate Ltd., Hatkanangale, Maharashtra, India – 416101
- IndustryEnergy and Power, Power EPC, Power Equipment Manufacturers, BoP & BTG Services
To see the full contact details of Shreem Electric Limited, buy the company report.
- 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
Brands
Shreem Electric operates one associated brand: Shreem Electric. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Power transmission and distribution equipment is manufactured by Shreem Electric. | shreemelectric.com |
Business activity
The main business activities of Shreem Electric are manufacturing and construction. In detail, this covers manufacture of food products and roads, railways, utility projects. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products | |
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Shreem Electric Limited, buy the company report.
Financials of Shreem Electric Limited
FY 2025 filings availableShreem Electric Limited reported revenue of ₹363.32 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 3% 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 | |||||
| Total Revenue | ₹363.32 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹44.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.26 Cr | ||||
| 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 | 12.4% | ||||
| Net Profit Margin | 3.9% | ||||
| 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 Shreem Electric Limited, buy the company report.
Board of directors of Shreem Electric Limited
Shreem Electric has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hema Shahaji Jagadale | Director | 08 Apr 1997 | 29 Years 7 Months | Current |
| Vishal Shahaji Jagadale | Managing Director | 18 Mar 2006 | 20 Years 7 Months | Current |
| Vikas Shahaji Jagadale | Managing Director | 18 Mar 2006 | 20 Years 7 Months | Current |
| Pandurang Tukaram Kumbhar Also directs: Srujanshakti Knowledge Foundation | Director | 26 Sep 2024 | 2 Years 1 Months | Current |
| Hemal Rohit Gandhi | Nominee Director | 28 Jun 2022 | 4 Years 4 Months | Current |
| Shahaji Ramchandra Jagadale | Director | 18 Mar 2009 | 17 Years 7 Months | Current |
Auditor
Shreem Electric Limited is audited by VMN and Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VMN and Associates | FY 2025 | 142582W |
Shareholding
The shareholding of Shreem Electric Limited 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 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shreem Electric Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2022 | 100613290 | Others | ₹9.96 Lakh | Open | |
| 03 Nov 2009 | 10191641 | Sbicap Trustee Company Limited | ₹564.65 Cr | Open | |
| 01 Jun 2020 | 100341750 | Others | ₹4.25 Cr | Satisfied | |
| 27 Sep 2017 | 100141264 | Others | ₹8.9 Lakh | Satisfied | |
| 28 Jul 2017 | 100125607 | Others | ₹30 Lakh | Satisfied |
To see the full charge records of Shreem Electric Limited, buy the company report.
Total charge records: 56 View all charges
Deals & funding
Shreem Electric Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹68.52 Cr; the latest was in March 2012.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2010 | Funding round | ₹66 Cr | Investors: Eight Roads Ventures |
| Mar 2010 | Funding round | ₹1.52 Cr | Investors: Shahaji Ramachandra Jagadale HUF, 3 individuals |
| Aug 2009 | Secondary share transfer | Undisclosed | Buyer: Sharp Financial & Capital Cons. Llp Seller: Shahaji Ramachandra Jagadale HUF, 3 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
To see the full deal history of Shreem Electric Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shreem Electric Limited has 115 court cases on record: 65 filed by Shreem Electric, 50 filed against it. 20 cases are pending and 95 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 58 | 31 | 14 |
| High courts | 49 | 13 | 5 |
| NCLT | 5 | 3 | 0 |
| Supreme Court | 3 | 3 | 1 |
Cases on record (5 of 115)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Petition | Filed against the company by Transformers and Rectifiers India Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Accusonic Controls Pvt. Ltd. and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by M/S Transformers and Rectifiers India Ltd. | Pending |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against Hi-Tech Electromech Pvt. Ltd. Etc.3 and 2 others | Pending |
| High Court of Punjab and Haryana | Revision petition | Filed against the company by Punjab State Power Corporation Limited and Another | Disposed |
To see the full case history of Shreem Electric Limited, 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.
Credit ratings & regulatory alerts
Shreem Electric Limited was last rated by Care on 20 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 20 Mar 2023 |
To see the full credit ratings and regulatory alerts of Shreem Electric Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shreem Electric Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shreem Electric Limited has a workforce of 434 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 434 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Shreem Electric Limited, buy the company report.
GST
Shreem Electric has 21 GST registrations: 14 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCS4893C1ZJ | Punjab | Active | 01 Jul 2017 |
| 06AACCS4893C1ZD | Haryana | Active | 01 Jul 2017 |
| 09AACCS4893C1Z7 | Uttar Pradesh | Active | 01 Jul 2017 |
| 22AACCS4893C1ZJ | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shreem Electric Limited, buy the company report.
Recent activity
Shreem Electric Limited has 18 board changes on record since 1997: 6 appointments and 12 cessations. The latest: Shahaji Ramchandra Jagadale ceased to be Managing Director on 30 Sep 2025.
128 earlier events are in the company report.
Frequently asked questions
Shreem Electric is an active public limited company based in Hatkanangale, Maharashtra, India. The company works in power epc, within the energy and power industry. It was incorporated on 02 January 1976 (50+ years old) and is registered under CIN U51505PN1976PLC151160.
Shreem Electric has 6 current directors:
- Vishal Shahaji Jagadale - Managing Director
- Vikas Shahaji Jagadale - Managing Director
- Hema Shahaji Jagadale - Director
- Pandurang Tukaram Kumbhar - Director
- Hemal Rohit Gandhi - Nominee Director
- Shahaji Ramchandra Jagadale - Director
The latest financial statements of Shreem Electric 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 Shreem Electric is 03AACCS4893C1ZJ, registered in Punjab. The company has 21 GST registrations in all, of which 14 are active and 7 are cancelled or inactive. Other active GSTINs include 06AACCS4893C1ZD (Haryana), 09AACCS4893C1Z7 (Uttar Pradesh), 22AACCS4893C1ZJ (Chattisgarh).
The CIN (Corporate Identification Number) of Shreem Electric is U51505PN1976PLC151160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shreem Electric has 115 court cases on record: 65 filed by the company and 50 filed against it. 20 are pending. Most are in the district courts.
Shreem Electric was incorporated on 02 January 1976, making it 50+ years old. It is registered with the Registrar of Companies, Pune.
Shreem Electric has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹68.52 Cr; the latest was in March 2012.
Shahaji Ramchandra Jagadale ceased to be Managing Director on 30 Sep 2025. Pandurang Tukaram Kumbhar ceased to be Additional Director on 29 Sep 2025. Hemal Rohit Gandhi ceased to be Nominee Director on 15 May 2025. Shreem Electric has 18 board changes on record in total.
Shreem Electric can be reached through the website shreemelectric.com. Its registered office is in Hatkanangale, Maharashtra, India.
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