About Narkhede Switchgear Private Limited
Data last updated:
Narkhede Switchgear Private Limited is a private limited company based in Nashik, Maharashtra, India, a subsidiary of Rajhans Fabrication Private Limited. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 24 April 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1982PTC027003. Its GSTIN is 27AAECN9161C1ZH (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Dwivedi'S Steel Fabrication'S Pvt Ltd and Dwivedi'S Steel Fabrications Pvt Ltd. It is led by directors including Rupchand Ramdas Narkhede and Manoj Rupchand Narkhede.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 80 MIDC Industrial Area Ambad, Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2024, the company reported a revenue of ₹104.74 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.38 Cr (net margin 1.3%) and EBITDA of ₹3.51 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 33% over five years.
The company has about 74 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹33.99 Cr and satisfied charges of ₹7 Lakh on record. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹94 Lakh; the latest was in March 2015. Its 10 peer companies in the Power industry (Power Equipment Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Sudhir Switchgears Private Limited with revenue of ₹106.41 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 44 overdue payments to 25 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website narkhedeswitchgear.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB – 80 MIDC Industrial Area Ambad, Nashik, Maharashtra, India – 422010
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Narkhede Switchgear Private Limited
The main business activity of Narkhede Switchgear is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Narkhede Switchgear Private Limited FY 2024 filings available
Narkhede Switchgear Private Limited reported revenue of ₹104.74 Cr (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Narkhede Switchgear Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 13% growth in the latest year. EBITDA fell 2% 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 of Narkhede Switchgear Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.51 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.38 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 of Narkhede Switchgear Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Narkhede Switchgear are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Narkhede Switchgear Private Limited
Narkhede Switchgear Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sudhir Switchgears Private Limited | ₹106.41 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Mundra Solar Limited | ₹105.42 Cr (FY 2025) | •••• | •••• | 11166.0% | •••• | Ahmedabad, Gujarat, India |
| Transceltic Cores Private Limited | ₹105.41 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
| Noratel India Power Components Private Limited | ₹105.08 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Thiruvananthapuram, Kerala, India |
| Devang Solaar Private Limited | ₹105.02 Cr (FY 2025) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India | |
| Narkhede Switchgear Private Limited this company | ₹104.74 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Nashik, Maharashtra, India |
| S R Impex Private Limited | ₹103.86 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Jalandhar, Punjab, India |
| Rajdhani Private Limited | ₹103.78 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Dynamech Electropower Private Limited | ₹103.61 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Bhopal, Madhya Pradesh, India |
| Everest Electrical Enterprises Private Limited | ₹103.21 Cr (FY 2024) | •••• | •••• | 71.0% | •••• | Tiruvallur, Tamil Nadu, India |
| Schnell Energy Equipments Private Limited | ₹103.09 Cr (FY 2024) | •••• | •••• | 200.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Narkhede Switchgear by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Narkhede Switchgear Private Limited
Narkhede Switchgear Private Limited is audited by PATIL HIRAN JAJOO & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PATIL HIRAN JAJOO & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Narkhede Switchgear Private Limited
Narkhede Switchgear has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupchand Ramdas Narkhede Also directs: Narkhede Electro Controls Private Limited | Director | 01 Nov 2012 | 13 Years 11 Months | Current |
| Manoj Rupchand Narkhede Also directs: Narkhede Electro Controls Private Limited | Director | 03 May 2012 | 14 Years 5 Months | Current |
| Shailesh Rupchand Narkhede Also directs: Narkhede Electro Controls Private Limited | Director | 03 May 2012 | 14 Years 5 Months | Current |
Ownership and Shareholding of Narkhede Switchgear Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Narkhede Switchgear Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2019 | Others | ₹2.31 Cr | Open |
| 15 Mar 2019 | Others | ₹16.1 Cr | Open |
| 28 Feb 2019 | Others | ₹6 Cr | Open |
| 09 Jul 2015 | Others | ₹9.58 Cr | Open |
| 10 Mar 1994 | The Shamrao Vithal Co- Op. Bank Ltd. | ₹7 Lakh | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Narkhede Switchgear Private Limited
Narkhede Switchgear Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹94 Lakh; the latest was in March 2015.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Funding round | ₹94 Lakh | Investors: Rajhans Fabrication Private Limited, 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Rajhans Fabrication Private Limited, 3 individuals Seller: 4 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Narkhede Switchgear Private Limited
Narkhede Switchgear Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 44 overdue payments to 25 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 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Elmex Controls Pvt Ltd | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Narkhede Switchgear Private Limited
Narkhede Switchgear Private Limited has a workforce of 74 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Narkhede Switchgear Private Limited
Narkhede Switchgear has undergone 2 name changes throughout its history. The company was previously known as Dwivedi's Steel Fabrication's Pvt Ltd, and Dwivedi's Steel Fabrications Pvt Ltd. The current legal name is Narkhede Switchgear Private Limited.
| Company Name | Status |
|---|---|
| Narkhede Switchgear Private Limited | Current |
| Dwivedi's Steel Fabrication's Pvt Ltd | Previous |
| Dwivedi's Steel Fabrications Pvt Ltd | Previous |
Recent Activity on Narkhede Switchgear Private Limited
Narkhede Switchgear Private Limited has 11 board changes on record since 1996: 7 appointments and 4 cessations. The latest: Arun Kumar Jaiswal ceased to be Director on 31 Dec 2012.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Narkhede Switchgear Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Narkhede Switchgear Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Narkhede Switchgear Private Limited
Narkhede Switchgear has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECN9161C1ZH | Maharashtra | Active | 01 Jul 2017 |
| 24AAECN9161C1ZN | Gujarat | Active | 18 Jun 2025 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Narkhede Switchgear Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Narkhede Switchgear Private Limited
Narkhede Switchgear is an active private limited company based in Nashik, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 24 April 1982 (44+ years old) and is registered under CIN U99999MH1982PTC027003.
Narkhede Switchgear reported revenue of ₹104.74 Cr for FY 2024 (up 13% YoY).
Narkhede Switchgear has 3 current directors:
- Rupchand Ramdas Narkhede - Director
- Manoj Rupchand Narkhede - Director
- Shailesh Rupchand Narkhede - Director
Narkhede Switchgear reported a net profit of ₹1.38 Cr (net margin 1.3%) and EBITDA of ₹3.51 Cr (EBITDA margin 3.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Narkhede Switchgear is 42% over three years and 33% over five years. In the latest year (FY 2024) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Narkhede Switchgear is 27AAECN9161C1ZH, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAECN9161C1ZN (Gujarat).
The CIN (Corporate Identification Number) of Narkhede Switchgear is U99999MH1982PTC027003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narkhede Switchgear was incorporated on 24 April 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Narkhede Switchgear has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹94 Lakh; the latest was in March 2015.
The peers of Narkhede Switchgear by revenue are Sudhir Switchgears Private Limited, Mundra Solar Limited, Transceltic Cores Private Limited, Noratel India Power Components Private Limited, Devang Solaar Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Arun Kumar Jaiswal ceased to be Director on 31 Dec 2012. Amitabh Jagatnarain Gupta ceased to be Director on 01 Nov 2012. Avnish Jagatnarain Gupta ceased to be Director on 01 Nov 2012. Narkhede Switchgear has 11 board changes on record in total.
Narkhede Switchgear has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 44 overdue payments to 25 micro and small suppliers. The latest return was filed on 29 May 2019.