MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-20-0000716
Market Cap
₹2,072 Cr
MVELECTRO · NSE
Share Price
₹749.45
-1.30% today
Revenue
₹49.43 Cr
FY 2025-26 · -21.1% YoY
EBITDA
−₹9.65 Cr
Margin -19.5%
Net Profit
−₹12.63 Cr
FY 2025-26 · -1227.7% YoY
Debt / Equity
1.09
Interest cover -31.8x
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹10.23 Cr
Issued & subscribed
About MV Electrosystems Limited
Data last updated:
MV Electrosystems Limited is a public limited company based in Faridabad, Haryana, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 03 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U31401HR2009PLC140536. Its GSTIN is 06AAGCM0867N2Z1 (Haryana). The company holds 3 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 544851 and NSE: MVELECTRO.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.23 Cr. It was formerly known as Mv Electrosystems Private Limited. It is led by directors including Pankaj Rastogi (Managing Director) and Amit Dhawan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Faridabad, Haryana.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹49.43 Cr, a decline of 21.1% compared to the previous year. For the same year it recorded a net loss of ₹12.63 Cr (net margin -25.6%) and EBITDA of -₹9.65 Cr (EBITDA margin -19.5%). The net worth stands at ₹62.57 Cr (up 249.4% YoY). Total assets are valued at ₹119.1 Cr (up 132.1% YoY).
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MV Electrosystems. As per MCA filings, the company has open charges of ₹60.16 Cr and satisfied charges of ₹65.06 Cr on record. Court records list 38 cases involving the company, including 38 filed against it; 33 cases are pending. The company has 20 deals on record (8 market trades, 6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹39.48 Cr; the latest was in September 2026. The company has 6 MSME Form 1 returns on record between 2022 and 2023, listing 48 overdue payments to 11 micro and small suppliers.
MV Electrosystems Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-20-0000716). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mvelectrosystems.com.
Company details
CIN U31401HR2009PLC140536
Registration Number 140536
Incorporation Date 03 July 2009
ROC Haryana
Listing Status Listed - Listed on NSE (MVELECTRO); Listed on BSE (544851)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-20-0000716
CIN history
MV Electrosystems has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U31401HR2009PLC140536, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31401HR2009PLC140536 | Current |
| U31401DL2009PTC191847 | Previous |
| U31401DL2009PLC191847 | Previous |
Recognitions & Rankings of MV Electrosystems
Contact details
MV Electrosystems Limited's registered office is in Faridabad, Haryana. Its website is mvelectrosystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 7 Site No. 2, 14/3 Mathura Road, Faridabad, Haryana, India – 121003
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of MV Electrosystems Limited, buy the company report.
Comprehensive company report
MV Electrosystems 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
MV Electrosystems operates one associated brand: MV Electrosystems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology and innovation in rail transportation systems, including control, propulsion, and electrical solutions. | mvelectrosystems.com |
Business activity
The main business activity of MV Electrosystems 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 MV Electrosystems Limited, buy the company report.
Financials of MV Electrosystems Limited
FY 2025-26 filings availableMV Electrosystems Limited reported revenue of ₹49.43 Cr (down 21.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹49.43 Cr
-21.1% YoY
EBITDA
−₹9.65 Cr
-229.7% YoY
Profit After Tax
−₹12.63 Cr
-1227.7% YoY
Net Worth
₹62.57 Cr
+249.4% YoY
Total Assets
₹119 Cr
+132.1% YoY
Total Debt
₹54.97 Cr
+69.9% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 49.43 | 62.64 | 49.96 | 68.07 |
| Revenue growth | -21.1% | +25.4% | -26.6% | - |
| EBITDA | (9.65) | 7.44 | 6.11 | 6.19 |
| EBITDA margin | -19.5% | +11.9% | +12.2% | +9.1% |
| Profit before tax | (16.80) | 2.58 | 1.01 | 1.75 |
| Net profit | (12.63) | 1.12 | 0.57 | 1.18 |
| Net profit margin | -25.6% | +1.8% | +1.1% | +1.7% |
| EPS (₹) | (6.17) | 1.54 | 0.76 | 52.01 |
| Balance sheet | ||||
| Total assets | 119 | 51.31 | 50.31 | 34.28 |
| Net worth | 62.57 | 17.91 | 16.52 | 12.62 |
| Total debt | 54.97 | 32.35 | 33.07 | 21.04 |
| Cash & bank | 0.18 | 0.08 | 0.15 | 2.35 |
| Net working capital | 71.63 | 25.64 | 23.49 | 15.13 |
| Cash flow | ||||
| Cash from operations | (57.55) | 5.04 | (5.22) | 3.38 |
| Cash from investing | (17.87) | (1.49) | (3.56) | (10.15) |
| Cash from financing | 75.52 | (3.63) | 6.57 | 7.69 |
| Particulars | Jun 2026 | Mar 2026 | Jun 2025 |
|---|---|---|---|
| Revenue | 12.77 | 14.93 | 13.45 |
| Revenue growth (YoY) | -5.1% | - | - |
| Other income | 0.03 | 0.12 | 0.07 |
| Total expenses | 18.15 | 20.78 | 16.94 |
| EBITDA | (5.38) | (5.85) | (3.49) |
| EBITDA margin | -42.1% | -39.2% | -25.9% |
| Depreciation | 1.51 | 1.06 | 0.74 |
| Interest | 1.18 | 1.13 | 0.76 |
| Profit before tax | (8.04) | (7.92) | (4.92) |
| Tax | (1.15) | (5.01) | 0.80 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 29 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Jun 2025 |
|---|---|---|---|
| Revenue | 12.77 | 14.93 | 13.45 |
| Revenue growth (YoY) | -5.1% | - | - |
| Other income | 0.03 | 0.12 | 0.07 |
| Total expenses | 18.15 | 20.78 | 16.94 |
| EBITDA | (5.38) | (5.85) | (3.49) |
| EBITDA margin | -42.1% | -39.2% | -25.9% |
| Depreciation | 1.51 | 1.06 | 0.74 |
| Interest | 1.18 | 1.13 | 0.76 |
| Profit before tax | (8.04) | (7.92) | (4.92) |
| Tax | (1.15) | (5.01) | 0.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Revenue | 49.43 | 62.64 | 49.96 | 68.07 |
| Revenue growth | -21.1% | +25.4% | -26.6% | - |
| Other income | 0.36 | 2.16 | 0.61 | 0.06 |
| Total expenses | 59.08 | 55.20 | 43.85 | 61.88 |
| Employee cost | 13.14 | 9.48 | 9.20 | 7.67 |
| EBITDA | (9.65) | 7.44 | 6.11 | 6.19 |
| EBITDA margin | -19.5% | +11.9% | +12.2% | +9.1% |
| Depreciation | 3.37 | 3.47 | 2.84 | 2.60 |
| Interest | 4.14 | 3.55 | 2.87 | 1.90 |
| Profit before tax | (16.80) | 2.58 | 1.01 | 1.75 |
| Tax | (4.17) | 1.16 | 0.46 | 0.57 |
| Net profit | (12.63) | 1.12 | 0.57 | 1.18 |
| Net profit margin | -25.6% | +1.8% | +1.1% | +1.7% |
| EPS (₹) | (6.17) | 1.54 | 0.76 | 52.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 10.23 | 9.14 | 7.37 | 0.23 |
| Reserves & surplus | 52.34 | 8.77 | 9.15 | 12.39 |
| Shareholders' funds (net worth) | 62.57 | 17.91 | 16.52 | 12.62 |
| Secured loans | 49.89 | 27.40 | 25.44 | 21.04 |
| Unsecured loans | 5.08 | 4.95 | 7.63 | 0.00 |
| Total debt | 54.97 | 32.35 | 33.07 | 21.04 |
| Total liabilities | 119 | 51.31 | 50.31 | 34.28 |
| Assets | ||||
| Gross block | 58.23 | 40.24 | 39.79 | 26.49 |
| Net block | 37.50 | 22.87 | 24.37 | 13.65 |
| Capital work in progress | 1.95 | 0.19 | 0.75 | 4.08 |
| Investments | 0.00 | 0.00 | 0.04 | 0.03 |
| Inventories | 67.49 | 31.76 | 24.45 | 13.67 |
| Sundry debtors | 10.41 | 14.57 | 12.59 | 8.16 |
| Cash & bank balances | 0.18 | 0.08 | 0.15 | 2.35 |
| Loans & advances | 20.20 | 2.04 | 1.56 | 1.42 |
| Total current assets | 98.28 | 48.45 | 38.75 | 25.60 |
| Total current liabilities | 26.65 | 22.81 | 15.26 | 10.47 |
| Net working capital | 71.63 | 25.64 | 23.49 | 15.13 |
| Total assets | 119 | 51.31 | 50.31 | 34.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Opening cash | 0.08 | 0.15 | 2.35 | 1.43 |
| Net cash from operating activities | (57.55) | 5.04 | (5.22) | 3.38 |
| Net cash from investing activities | (17.87) | (1.49) | (3.56) | (10.15) |
| Net cash from financing activities | 75.52 | (3.63) | 6.57 | 7.69 |
| Net change in cash | 0.10 | (0.08) | (2.20) | 0.93 |
| Closing cash | 0.18 | 0.08 | 0.15 | 2.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | -21.1% | +25.4% | -26.6% | - |
| EBITDA growth | -229.7% | +21.8% | -1.3% | - |
| PBT growth | - | +155.5% | -42.3% | +9997.0% |
| Net income growth | -1227.7% | +96.5% | -51.7% | - |
| Revenue CAGR (3Y) | -10.1% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | -25.6% | +2.3% | +1.1% | +1.7% |
| Return on capital employed | 0.0% | +12.0% | +9.2% | +10.7% |
| Return on net worth | 0.0% | +8.1% | +3.9% | +9.4% |
| Debt / equity | 1.09 | 1.90 | 1.86 | 1.67 |
| Long-term debt / equity | 0.30 | 0.66 | 0.65 | 0.49 |
| Interest cover | -31.80 | 89.42 | 87.77 | 52.92 |
| Efficiency & per share | ||||
| Fixed asset turnover | 1.00 | 1.57 | 1.51 | 2.57 |
| Inventory turnover | 1.00 | 2.23 | 2.62 | 4.98 |
| Debtors turnover | 3.96 | 4.61 | 4.82 | 8.34 |
| EPS (₹) | (6.17) | 1.54 | 0.76 | 52.01 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 30.58 | 19.60 | 22.51 | 551.22 |
To see the full year-wise statements and ratios of MV Electrosystems Limited, buy the company report.
Board of directors of MV Electrosystems Limited
MV Electrosystems has 9 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Dhawan | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Sanjay Kumar Singh | Director | 24 Aug 2023 | 3 Years 2 Months | Current |
| Sumit Dhawan Also directs: MV Mobility Limited, Gamers Ocean Private Limited | Director | 22 Oct 2018 | 8 Years 0 Months | Current |
| Rahul Dhawan | Director | 15 May 2019 | 7 Years 5 Months | Current |
| Mohit Vohra Also directs: Quadrant Future Tek Limited, MV Mobility Limited, MV Greentech Private Limited and 1 more | Director | 03 Jul 2009 | 17 Years 3 Months | Current |
| Kanika Bhutani Also directs: Quadrant Future Tek Limited, Indian Designs Exports Private Limited, Candor Dates Private Limited and 2 more | Director | 27 Sep 2025 | 1 Years 1 Months | Current |
Showing 6 of 9 current directors. View all directors
Auditor
MV Electrosystems Limited is audited by SANMARKS & ASSOCIATES for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANMARKS & ASSOCIATES | FY 2025 | 003343N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 57.70%, foreign institutional investors hold 0.50%, domestic institutional investors hold 8.80% and retail and other public shareholders hold 33.00%.
Sep 2026
QUARTER
57.70% Promoters
8.80% DII (Domestic Institutional)
0.50% FII (Foreign Institutional)
33.00% Retail & Others
Shareholding trend - last 6 quarters
| Sep 2026 | |
|---|---|
| Promoters | 57.70% |
| Public | 42.30% |
Charges & borrowings
Open charges
₹60.16 Cr
Satisfied charges
₹65.06 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2026 | 101227536 | Indian Overseas Bank | ₹5.4 Cr | Open | |
| 18 Oct 2025 | 101174920 | Indian Overseas Bank | ₹48.5 Lakh | Open | |
| 28 Aug 2025 | 101157264 | Others | ₹7 Cr | Open | |
| 30 May 2025 | 101105883 | Hdfc Bank Limited | ₹7.25 Lakh | Open | |
| 30 May 2025 | 101127823 | Hdfc Bank Limited | ₹21.29 Lakh | Open |
To see the full charge records of MV Electrosystems Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
MV Electrosystems Limited has 20 deals on record (8 market trades, 6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹39.48 Cr; the latest was in September 2026.
Total deals
20
Market trades
8
Funding rounds
6
Secondary share transfers
5
IPO
1
Disclosed funding
₹39.48 Cr
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹45.44 Cr | Buyer: Irage Broking Services LLP , Hrti Private Limited Seller: Irage Broking Services LLP , Hrti Private Limited |
| Sep 2026 | Market trade | ₹36.72 Cr | Buyer: Hrti Private Limited , Irage Broking Services LLP Seller: Irage Broking Services LLP , Hrti Private Limited |
| Sep 2026 | Market trade | ₹28.39 Cr | Buyer: Irage Broking Services LLP , Hrti Private Limited Seller: Irage Broking Services LLP , Hrti Private Limited |
| Aug 2026 | Market trade | ₹27.99 Cr | Buyer: Irage Broking Services LLP , Hrti Private Limited Seller: Irage Broking Services LLP , Hrti Private Limited |
| Aug 2026 | Market trade | ₹37.58 Cr | Buyer: Irage Broking Services LLP Seller: Irage Broking Services LLP |
To see the full deal history of MV Electrosystems 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
MV Electrosystems Limited has 38 court cases on record: 38 filed against it. 33 cases are pending and 5 are disposed.
Total cases
38
Filed against the company
38
Pending
33
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 38 | 33 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Civil suit | Filed against the company by Ms Shree Na5th Enterprises | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of Uttar Pradesh | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, Faridabad, Haryana | Civil suit | Filed against the company by an individual | Disposed |
| District court, Faridabad, Haryana | Court case (CM APPLI) | Filed against the company by an individual | Disposed |
To see the full case history of MV Electrosystems 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.
MSME payment delays
MV Electrosystems Limited has 6 MSME Form 1 returns on record between 2022 and 2023, listing 48 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Breiz India | |||
| Delta Engineering Works | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of MV Electrosystems Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
MV Electrosystems Limited has a workforce of 65 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
65
Active EPFO establishments
1
Employee growth
14.04%
GST
MV Electrosystems has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCM0867N2Z1 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MV Electrosystems Limited, buy the company report.
Recent activity
MV Electrosystems Limited has 16 board changes on record since 2009: 9 appointments and 7 cessations. The latest: Pankaj Rastogi was appointed as Managing Director on 01 Oct 2025.
Filing
Mv Electrosystems Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Haryana.
Charges
A charge with Indian Overseas Bank amounted to Rs. 5.40 Cr with Charge ID 101227536 was registered on 06 Jan 2026.
Charges
A charge with Indian Overseas Bank amounted to Rs. 0.49 Cr with Charge ID 101174920 was registered on 18 Oct 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 26.51 Cr registered on 01 Jul 2020 with Charge ID 100356674 was modified on 14 Oct 2025.
Appointed
Pankaj Rastogi was appointed as Managing Director.
AGM
Mv Electrosystems Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Appointed
Kanika Bhutani was appointed as Director.
Appointed
Sanjeev Mehta was appointed as Director.
Appointed
Vipin Sharma was appointed as Director.
Charges
A charge registered on 31 Aug 2019 via Charge ID 100286259 with Others was fully satisfied on 24 Sep 2025.
Charges
A charge registered on 30 May 2019 via Charge ID 100269082 with Axis Bank Limited was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 01 Dec 2022 via Charge ID 100651980 with Indian Overseas Bank was fully satisfied on 08 Sep 2025.
39 earlier events are in the company report.
News
Frequently asked questions
MV Electrosystems is an active public limited company based in Faridabad, Haryana, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 03 July 2009 (17+ years old) and is registered under CIN U31401HR2009PLC140536. Listed on BSE: 544851 and NSE: MVELECTRO.
MV Electrosystems reported revenue of ₹49.43 Cr for FY 2025-26 (down 21.1% YoY) based on standalone financials.
MV Electrosystems has 9 current directors:
- Pankaj Rastogi - Managing Director
- Amit Dhawan - Director
- Sanjay Kumar Singh - Director
- Sumit Dhawan - Director
- Rahul Dhawan - Director
- Mohit Vohra - Director
- Kanika Bhutani - Director
- Sanjeev Mehta - Director
- Vipin Sharma - Director
The latest financial statements of MV Electrosystems on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of MV Electrosystems is 06AAGCM0867N2Z1, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of MV Electrosystems is U31401HR2009PLC140536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. MV Electrosystems is a listed company as per MCA records. Its shares are listed on both BSE (code: 544851) and NSE (symbol: MVELECTRO).
MV Electrosystems has 38 court cases on record: 38 filed against it. 33 are pending.
MV Electrosystems was incorporated on 03 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Haryana.
MV Electrosystems has 20 deals on record (8 market trades, 6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹39.48 Cr; the latest was in September 2026.
Pankaj Rastogi was appointed as Managing Director on 01 Oct 2025. Kanika Bhutani was appointed as Director on 27 Sep 2025. Sanjeev Mehta was appointed as Director on 27 Sep 2025. MV Electrosystems has 16 board changes on record in total.