About Nagpur Switchgear Private Limited
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Nagpur Switchgear Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 21 April 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1981PTC024270. Its GSTIN is 27AAACN6192P1ZT (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.75 Lakh. It is led by directors Saanjay Madhukar Muley and Vishwas Vijay Deshpande.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at C – 39 MIDC Industrial Area Hingna Road, Nagpur, Maharashtra, India – 400028.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.56 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net loss of ₹25.96 Lakh (net margin -16.7%) and EBITDA of ₹24.65 Lakh (EBITDA margin 15.8%).
The company has about 72 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.1 Cr and satisfied charges of ₹1.9 Cr on record. Court records list 33 cases involving the company, including 4 filed by the company and 29 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website nspl.in.
Company details
Contact details
Nagpur Switchgear Private Limited's registered office is in Nagpur, Maharashtra. Its website is nspl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 39 MIDC Industrial Area Hingna Road, Nagpur, Maharashtra, India – 400028
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Nagpur Switchgear Private 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
Financials of Nagpur Switchgear Private Limited
FY 2018 filings availableNagpur Switchgear Private Limited reported revenue of ₹1.56 Cr (up 62% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 62% in the latest year. EBITDA fell 38% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.56 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹24.65 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹25.96 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 15.8% | |||
| Net Profit Margin | -16.7% | |||
| 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 Nagpur Switchgear Private Limited, buy the company report.
Board of directors of Nagpur Switchgear Private Limited
Nagpur Switchgear has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saanjay Madhukar Muley Also directs: Vishwesh Hydrotech Private Limited | Director | 22 Mar 2012 | 14 Years 7 Months | Current |
| Vishwas Vijay Deshpande Also directs: Horizon Fuel Cell India Private Limited | Director | 22 Mar 2012 | 14 Years 7 Months | Current |
Peer comparison
Nagpur Switchgear Private Limited is compared with the 10 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Olympus Electrical Industries Private Limited | ₹1.57 Cr (FY 2025) | 68.0% | New Delhi, Delhi, India | |||
| Gig - Irm Glass Insulators Private Limited | ₹1.57 Cr (FY 2025) | 1162.0% | Ahmedabad, Gujarat, India | |||
| Inclusive Energy (India) Private Limited | ₹1.57 Cr (FY 2025) | -3.0% | Bhubaneswar, Odisha, India | |||
| Tisun Edes Solar (India) Private Limited | ₹1.57 Cr (FY 2015) | 125.0% | Mumbai, Maharashtra, India | |||
| Pcbexcellent India Private Limited | ₹1.56 Cr (FY 2025) | -8.0% | Noida, Uttar Pradesh, India | |||
| Nagpur Switchgear Private Limitedthis company | ₹1.56 Cr (FY 2018) | -₹25.96 Lakh | -16.7% | 62.0% | 72 | Nagpur, Maharashtra, India |
| Psak Engineering (India) Private Limited | ₹1.55 Cr (FY 2025) | 48.0% | Noida, Uttar Pradesh, India | |||
| Mytrah N4electric Private Limited | ₹1.55 Cr (FY 2025) | 8.0% | Jaipur, Rajasthan, India | |||
| NS Transmission Private Limited | ₹1.55 Cr (FY 2025) | 36.0% | Sanand, Gujarat, India | |||
| Sun Power Controls and Services Private Limited | ₹1.54 Cr (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Neocell Energie Private Limited | ₹1.54 Cr (FY 2025) | Bangalore, Karnataka, India |
To see the full peer comparison of Nagpur Switchgear Private Limited, buy the company report.
Auditor
Nagpur Switchgear Private Limited is audited by P G JOSHI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P G JOSHI & CO | FY 2018 | 104416W |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2014 | 10480716 | Shikshak Sahakari Bank Limited | ₹2.1 Cr | Open | |
| 13 Dec 2010 | 10266245 | Punjab National Bank | ₹1.5 Cr | Satisfied | |
| 25 Mar 2009 | 10155886 | Central Bank of India | ₹40 Lakh | Satisfied |
To see the full charge records of Nagpur Switchgear Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Nagpur Switchgear Private Limited has 33 court cases on record: 4 filed by Nagpur Switchgear, 29 filed against it. 2 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 29 | 2 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Court case (Cri.Appeal) | Filed by the company against Samarth Electrocare Pvt. Ltd. Through Directors Satish Manoharrao Awari | Pending |
| District court, Nagpur, Maharashtra | Court case (Reg Dkst) | Filed against the company by M/S Epsillon Cables Pvt. Ltd, | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Samarth Electrocare Pvt.Ltd. | Disposed |
| District court, Thane, Maharashtra | Court case (R.C.C.) | Filed against the company by Ms. Sunesons Engineering and Fabrications P. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Abb Ltd | Disposed |
To see the full case history of Nagpur Switchgear Private 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
No delayed payments to MSME suppliers are on our record for Nagpur Switchgear Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nagpur Switchgear Private Limited has a workforce of 72 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Nagpur Switchgear has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN6192P1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nagpur Switchgear Private Limited, buy the company report.
Recent activity
Nagpur Switchgear Private Limited has 8 board changes on record since 1981: 5 appointments and 3 cessations. The latest: Meena Vanmali Kulkarni ceased to be Director on 24 Mar 2012.
5 earlier events are in the company report.
Frequently asked questions
Nagpur Switchgear is an active private limited company based in Nagpur, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 21 April 1981 (45+ years old) and is registered under CIN U99999MH1981PTC024270.
Nagpur Switchgear has 2 current directors:
- Saanjay Madhukar Muley - Director
- Vishwas Vijay Deshpande - Director
The latest financial statements of Nagpur Switchgear on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Nagpur Switchgear is 27AAACN6192P1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nagpur Switchgear is U99999MH1981PTC024270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nagpur Switchgear has 33 court cases on record: 4 filed by the company and 29 filed against it. 2 are pending. Most are in the district courts.
Nagpur Switchgear was incorporated on 21 April 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nagpur Switchgear by revenue are Olympus Electrical Industries Private Limited, Gig - Irm Glass Insulators Private Limited, Inclusive Energy (India) Private Limited, Tisun Edes Solar (India) Private Limited, Pcbexcellent India Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Meena Vanmali Kulkarni ceased to be Director on 24 Mar 2012. Pranav Vanmali Kulkarni ceased to be Director on 24 Mar 2012. Saanjay Madhukar Muley was appointed as Director on 22 Mar 2012. Nagpur Switchgear has 8 board changes on record in total.
Nagpur Switchgear can be reached through the website nspl.in. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Nagpur Switchgear is at C – 39 MIDC Industrial Area Hingna Road, Nagpur, Maharashtra, India – 400028.