- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-03-0001967

Neelachal Transformers Private Limited
About Neelachal Transformers Private Limited
Data last updated:
Neelachal Transformers Private Limited is a private limited company based in Balesore, Odisha, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 15 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U31102OR2005PTC008006. Its GSTIN is 21AACCN0754D1Z4 (Odisha).
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Shankarlal Patel (Managing Director) and Prakash Patel.
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 Bampada, Balesore, Odisha, India – 756056.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.77 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹6.36 Lakh (net margin 1.7%) and EBITDA of ₹16.25 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 27% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.45 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Neelachal Transformers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-03-0001967). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Neelachal Transformers
Contact details
Neelachal Transformers Private Limited's registered office is in Balesore, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBampada, Balesore, Odisha, India – 756056
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Neelachal Transformers 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
Business activity
The main business activity of Neelachal Transformers 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 Neelachal Transformers Private Limited, buy the company report.
Financials of Neelachal Transformers Private Limited
FY 2025 filings availableNeelachal Transformers Private Limited reported revenue of ₹3.77 Cr (up 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 58% growth in the latest year. EBITDA rose 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 |
|---|---|---|---|---|---|
| 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 | ₹16.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.36 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 Neelachal Transformers Private Limited, buy the company report.
Board of directors of Neelachal Transformers Private Limited
Neelachal Transformers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Patel | Director | 03 Mar 2014 | 12 Years 7 Months | Current |
| Shankarlal Patel | Managing Director | 15 Feb 2005 | 21 Years 8 Months | Current |
Peer comparison
Neelachal Transformers Private Limited is compared with the 4 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GVR Industries Private Limited | ₹3.8 Cr (FY 2025) | -19.0% | Telangana, India | |||
| Neelachal Transformers Private Limitedthis company | ₹3.77 Cr (FY 2025) | ₹6.36 Lakh | 1.7% | 58.0% | 7 | Balesore, Odisha, India |
| KVB E-Technologies Private Limited | ₹3.77 Cr (FY 2024) | 6.0% | Hyderabad, Telangana, India | |||
| Elcom Hi-Q Electro Products Private Limited | ₹3.77 Cr (FY 2025) | -20.0% | Delhi, India | |||
| Reso Power Private Limited | ₹3.76 Cr (FY 2023) | Bengaluru, Karnataka, India |
To see the full peer comparison of Neelachal Transformers Private Limited, buy the company report.
Auditor
Neelachal Transformers Private Limited is audited by N JATANIA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N JATANIA & CO | FY 2017 | 315001E |
Shareholding
The shareholding of Neelachal Transformers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Neelachal Transformers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2006 | 80067462 | Others | ₹1.45 Cr | Open |
To see the full charge records of Neelachal Transformers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Neelachal Transformers Private Limited has 1 court case on record: 1 filed by Neelachal Transformers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Jharkhand State Electricity Bo | Disposed |
To see the full case history of Neelachal Transformers 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 Neelachal Transformers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neelachal Transformers Private Limited has a workforce of 7 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Neelachal Transformers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCN0754D1Z4 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neelachal Transformers Private Limited, buy the company report.
Recent activity
Neelachal Transformers Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Anita Patel ceased to be Director on 05 Sep 2017.
Frequently asked questions
Neelachal Transformers is an active private limited company based in Balesore, Odisha, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 15 February 2005 (21+ years old) and is registered under CIN U31102OR2005PTC008006.
Neelachal Transformers has 2 current directors:
- Shankarlal Patel - Managing Director
- Prakash Patel - Director
The latest financial statements of Neelachal Transformers 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 Neelachal Transformers is 21AACCN0754D1Z4, registered in Odisha.
The CIN (Corporate Identification Number) of Neelachal Transformers is U31102OR2005PTC008006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neelachal Transformers has 1 court case on record: 1 filed by the company.
Neelachal Transformers was incorporated on 15 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Neelachal Transformers by revenue are GVR Industries Private Limited, KVB E-Technologies Private Limited, Elcom Hi-Q Electro Products Private Limited, Reso Power Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Anita Patel ceased to be Director on 05 Sep 2017. Prakash Patel was appointed as Director on 03 Mar 2014. Narayan Thakrani ceased to be Director on 28 Feb 2014. Neelachal Transformers has 4 board changes on record in total.
Yes, Neelachal Transformers is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-03-0001967).
The registered office of Neelachal Transformers is at Bampada, Balesore, Odisha, India – 756056.