MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-10-0008302
Narmada Switchgear Private Limited
Narmada Switchgear Private Limited - engineering in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹125.1 Cr
▲ 16% YoY
Net profit · FY 2025
₹79.98 Cr
Net margin 63.9%
EBITDA · FY 2025
₹62.46 Cr
EBITDA margin 49.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹90.92 Lakh
Issued & subscribed
Open charges
₹7.18 Cr
Satisfied ₹4.71 Lakh
Company age
28 yrs
Est. 1998
Employees · EPFO
98
Provident fund records
About Narmada Switchgear Private Limited
Data last updated:
Narmada Switchgear Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 23 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U40106MP1998PTC013075. Its GSTIN is 23AABCN0635N1ZK (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90.92 Lakh. It is led by directors including Udit Agrawal (Managing Director) and Vijay Kumar Agrawal.
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 Plot No – 3 Industrial Estate Govindpura, Bhopal, Madhya Pradesh, India – 462023.
As per the financials filed for FY 2025, the company reported a revenue of ₹125.1 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹79.98 Cr (net margin 63.9%) and EBITDA of ₹62.46 Cr (EBITDA margin 49.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 6% over five years.
The company has about 98 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.18 Cr and satisfied charges of ₹4.71 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending.
Narmada Switchgear Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-10-0008302). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U40106MP1998PTC013075
Registration Number 013075
Incorporation Date 23 September 1998
ROC Gwalior
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 Medium
Udyam Registration UDYAM-MP-10-0008302
CIN history
Narmada Switchgear has one previous CIN (Corporate Identification Number): U31200MP1998PTC013075. The current CIN is U40106MP1998PTC013075, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106MP1998PTC013075 | Current |
| U31200MP1998PTC013075 | Previous |
Recognitions & Rankings of Narmada Switchgear
Contact details
Narmada Switchgear Private Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No – 3 Industrial Estate Govindpura, Bhopal, Madhya Pradesh, India – 462023
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Narmada Switchgear Private Limited, buy the company report.
Comprehensive company report
Narmada Switchgear Private 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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Business activity
The main business activity of Narmada Switchgear is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Narmada Switchgear Private Limited, buy the company report.
Financials of Narmada Switchgear Private Limited
FY 2025 filings availableNarmada Switchgear Private Limited reported revenue of ₹125.1 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹125.1 Cr ▲ 16%
Net profit · FY 2025
₹79.98 Cr margin 63.9%
EBITDA · FY 2025
₹62.46 Cr margin 49.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 1%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 8%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 16% growth in the latest year. EBITDA fell 5% 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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| Total Expenses | |||||
| EBITDA | ₹62.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹79.98 Cr | ||||
| 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 | 49.9% | ||||
| Net Profit Margin | 63.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Narmada Switchgear Private Limited, buy the company report.
Board of directors of Narmada Switchgear Private Limited
Narmada Switchgear has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udit Agrawal Also directs: Narmada Equipments Private Limited, Narmada Transmission Private Limited, Narmada Vidyut Private Limited and 2 more | Managing Director | 23 Sep 1998 | 28 Years 1 Months | Current |
| Vijay Kumar Agrawal Also directs: Narmada Equipments Private Limited, Narmada Transmission Private Limited, Narmada Vidyut Private Limited and 3 more | Director | 23 Sep 1998 | 28 Years 1 Months | Current |
| Shweta Agrawal Also directs: Narmada Transmission Private Limited | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
| Manju Agrawal | Director | 23 Sep 1998 | 28 Years 1 Months | Current |
Peer comparison
Narmada Switchgear Private Limited is compared with the 3 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Modison Copper Private Limited | ₹128.23 Cr (FY 2025) | 52.0% | Mumbai, Maharashtra, India | |||
| Lancer Laser Tech Limited | ₹127.12 Cr (FY 2025) | 6.0% | Rajpur, Gujarat, India | |||
| Narmada Switchgear Private Limitedthis company | ₹125.1 Cr (FY 2025) | ₹79.98 Cr | 63.9% | 16.0% | 98 | Bhopal, Madhya Pradesh, India |
| Balaji Aluminium Extrusions Private Limited | ₹124.15 Cr (FY 2025) | 14.0% | Delhi, India |
To see the full peer comparison of Narmada Switchgear Private Limited, buy the company report.
Auditor
Narmada Switchgear Private Limited is audited by JOSHI VINOD AND COMPANY for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI VINOD AND COMPANY | FY 2025 | 004438C |
Shareholding
The shareholding of Narmada Switchgear Private 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 Narmada Switchgear Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.18 Cr
Satisfied charges
₹4.71 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2021 | 100491531 | Standard Chartered Bank | ₹2.08 Cr | Open | |
| 09 Apr 1999 | 90205468 | State Bank of India | ₹5.1 Cr | Open | |
| 09 Apr 1999 | 80037759 | State Bank of India | ₹4.71 Lakh | Satisfied |
To see the full charge records of Narmada Switchgear Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Narmada Switchgear Private Limited has 3 court cases on record: 1 filed by Narmada Switchgear, 2 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (COMMS) | Filed by the company against an individual | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed against the company by an individual | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (SUM) | Filed against the company by State | Disposed |
To see the full case history of Narmada 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 Narmada Switchgear Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Narmada Switchgear Private Limited has a workforce of 98 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
98
Active EPFO establishments
1
Employee growth
-2%
GST
Narmada Switchgear has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCN0635N1ZK | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Narmada Switchgear Private Limited, buy the company report.
Recent activity
Narmada Switchgear Private Limited has 6 board changes on record since 1998: 5 appointments and 1 cessation. The latest: Madhuri Saran Agrawal ceased to be Whole-Time Director on 03 May 2015.
AGM
Narmada Switchgear Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Narmada Switchgear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Standard Chartered Bank amounted to Rs. 2.08 Cr with Charge ID 100491531 was registered on 21 Sep 2021.
Ceased
Madhuri Saran Agrawal ceased to be Whole-Time Director.
Charges
A charge with State Bank Of India of Rs. 5.10 Cr registered on 09 Apr 1999 with Charge ID 90205468 was modified on 03 Apr 2014.
Appointed
Shweta Agrawal was appointed as Director.
Charges
A charge registered on 09 Apr 1999 via Charge ID 80037759 with State Bank Of India was fully satisfied on 10 Oct 2007.
Charges
A charge with State Bank Of India of Rs. 0.05 Cr registered on 09 Apr 1999 with Charge ID 80037759 was modified on 28 May 2001.
Charges
A charge with State Bank Of India amounted to Rs. 0.05 Cr with Charge ID 80037759 was registered on 09 Apr 1999.
Charges
A charge with State Bank Of India amounted to Rs. 5.10 Cr with Charge ID 90205468 was registered on 09 Apr 1999.
Appointed
Madhuri Saran Agrawal was appointed as Whole-Time Director.
Appointed
Manju Agrawal was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Narmada Switchgear is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 23 September 1998 (28+ years old) and is registered under CIN U40106MP1998PTC013075.
Narmada Switchgear has 4 current directors:
- Udit Agrawal - Managing Director
- Vijay Kumar Agrawal - Director
- Shweta Agrawal - Director
- Manju Agrawal - Director
The latest financial statements of Narmada Switchgear 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 Narmada Switchgear is 23AABCN0635N1ZK, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Narmada Switchgear is U40106MP1998PTC013075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narmada Switchgear has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Narmada Switchgear was incorporated on 23 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Narmada Switchgear by revenue are Modison Copper Private Limited, Lancer Laser Tech Limited, Balaji Aluminium Extrusions Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).
Madhuri Saran Agrawal ceased to be Whole-Time Director on 03 May 2015. Shweta Agrawal was appointed as Director on 01 Apr 2013. Madhuri Saran Agrawal was appointed as Whole-Time Director on 23 Sep 1998. Narmada Switchgear has 6 board changes on record in total.
Yes, Narmada Switchgear is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-10-0008302).
The registered office of Narmada Switchgear is at Plot No – 3 Industrial Estate Govindpura, Bhopal, Madhya Pradesh, India – 462023.