MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TN-02-0119648
Onload Gears Private Limited - energy and power in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹151.58 Cr
▲ 26% YoY
Net profit · FY 2025
₹16.48 Cr
Net margin 10.9%
EBITDA · FY 2025
₹34.47 Cr
EBITDA margin 22.7%
Authorised capital
₹9.9 Cr
Registered with MCA
Paid-up capital
₹9.9 Cr
Issued & subscribed
Open charges
₹8.5 Cr
Secured borrowings
Company age
35 yrs
Est. 1991
Employees · EPFO
281
Provident fund records
About Onload Gears Private Limited
Data last updated:
Onload Gears Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Far-Vision Services Private Limited. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 03 June 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U30007TN1991PTC020898. Its GSTIN is 33AAACO0900G2Z5 (Tamil Nadu). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹9.9 Cr and a paid-up capital of ₹9.9 Cr. It was formerly known as O L G Power P Ltd. It is led by directors including Perla Hanumantha Rao (Managing Director) and Sundara Venkataraman Gopalen.
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 338 SIDCO Estate Ambattur Madras – 98, Chennai, Tamil Nadu, India – 600098.
As per the financials filed for FY 2025, the company reported a revenue of ₹151.58 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹16.48 Cr (net margin 10.9%) and EBITDA of ₹34.47 Cr (EBITDA margin 22.7%).
The company has about 281 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: On Load Gears. As per MCA filings, the company has open charges of ₹8.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹9.84 Cr; the latest was in May 2022. Its 9 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 5 smaller; the largest is Marsons Energy Private Limited with revenue of ₹154.71 Cr.
Onload Gears Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-02-0119648). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website onloadgears.com.
Company details
CIN U30007TN1991PTC020898
Registration Number 020898
Incorporation Date 03 June 1991
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Far-Vision Services Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-02-0119648
Key People
Perla Hanumantha Rao Managing Director Sundara Venkataraman Gopalen Director Srinivasan N S Srinivasan Director Recognitions & Rankings of Onload Gears
Contact details
Onload Gears Private Limited's registered office is in Chennai, Tamil Nadu. Its website is onloadgears.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address338 SIDCO Estate Ambattur Madras – 98, Chennai, Tamil Nadu, India – 600098
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Onload Gears Private Limited, buy the company report.
Comprehensive company report
Onload Gears 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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Brands
Onload Gears operates one associated brand: On Load Gears. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of OLTCs, switch gears, and maintenance services in India. | onloadgears.com |
Business activity
The main business activity of Onload Gears 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 Onload Gears Private Limited, buy the company report.
Financials of Onload Gears Private Limited
FY 2025 filings availableOnload Gears Private Limited reported revenue of ₹151.58 Cr (up 26% YoY) for FY 2025.
Revenue · FY 2025
₹151.58 Cr ▲ 26%
Net profit · FY 2025
₹16.48 Cr margin 10.9%
EBITDA · FY 2025
₹34.47 Cr margin 22.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 627%
5 years · compounded
▲ 665%
Revenue rose 26% in the latest year. EBITDA rose 39% 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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| EBITDA | ₹34.47 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹16.48 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 | 22.7% | ||||
| Net Profit Margin | 10.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Onload Gears Private Limited, buy the company report.
Board of directors of Onload Gears Private Limited
Onload Gears has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundara Venkataraman Gopalen | Director | 03 Jun 1991 | 35 Years 4 Months | Current |
| Perla Hanumantha Rao Also directs: Onloadgears Exports India Private Limited | Managing Director | 29 Apr 2022 | 4 Years 5 Months | Current |
| Srinivasan N S Srinivasan | Director | 29 Apr 2022 | 4 Years 5 Months | Current |
| Parameswaran Neelakantan | Director | 29 Apr 2022 | 4 Years 5 Months | Current |
Peer comparison
Onload Gears Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Marsons Energy Private Limited | ₹154.71 Cr (FY 2025) | 37.0% | Jaipur, Rajasthan, India | |||
| Asiatic Electrical & Switchgear Private Limited | ₹153.84 Cr (FY 2025) | 22.0% | Gurgaon, Haryana, India | |||
| Transformers and Electricals Kerala Ltd | ₹153.15 Cr (FY 2023) | 12.0% | Ernakulam, Kerala, India | |||
| Amara Raja Power Systems Limited | ₹152 Cr (FY 2025) | -19.0% | Tirupati, Andhra Pradesh, India | |||
| Onload Gears Private Limitedthis company | ₹151.58 Cr (FY 2025) | ₹16.48 Cr | 10.9% | 26.0% | 281 | Chennai, Tamil Nadu, India |
| Switchgears and Structurals (India) Pvt. Ltd. | ₹151.56 Cr (FY 2025) | 46.0% | Hyderabad, Telangana, India | |||
| Obo Bettermann India Private Limited | ₹151.53 Cr (FY 2025) | -5.0% | Oragadam Village, Tamil Nadu, India | |||
| Supreme Power Equipment Limited | ₹149.54 Cr (FY 2025) | 32.0% | Chennai, Tamil Nadu, India | |||
| JSK Electricals Private Limited | ₹149.31 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Viji Power Transformers Private Limited | ₹149.29 Cr (FY 2025) | 6.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Onload Gears Private Limited, buy the company report.
Auditor
Onload Gears Private Limited is audited by R Ramalingam & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R Ramalingam & Associates | FY 2024 | 010616S |
Shareholding
The shareholding of Onload Gears Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Onload Gears Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2023 | 100724831 | Hdfc Bank Limited | ₹8.5 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Onload Gears Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹9.84 Cr; the latest was in May 2022.
Total deals
5
Secondary share transfers
4
Funding round
1
Disclosed funding
₹9.84 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Funding round | ₹9.84 Cr | Investors: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Apr 2013 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Onload Gears Private Limited has 2 court cases on record: 2 filed by Onload Gears. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against The Assistant Provident Fund | Disposed |
| Madras High Court | Court case (WPMP) | Filed by the company against The Assistant Provident Fund | Disposed |
To see the full case history of Onload Gears 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 Onload Gears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Onload Gears has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Onloadgears Exports India Private Limited | U27900AP2023PTC113289 |
To see the full group structure of Onload Gears Private Limited, buy the company report.
Employees & EPFO
Onload Gears Private Limited has a workforce of 281 employees on its EPFO records as of Nov 08, 2024, across 1 active EPFO establishment.
Employee count
281
Active EPFO establishments
1
Employee growth
-12.19%
GST
Onload Gears has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACO0900G2Z5 | Tamil Nadu | Active | 19 Apr 2022 |
| 23AAACO0900G1Z7 | Madhya Pradesh | Active | 11 Mar 2024 |
To see the full GST registrations and return filing status of Onload Gears Private Limited, buy the company report.
Recent activity
Onload Gears Private Limited has 8 board changes on record since 1991: 4 appointments and 4 cessations. The latest: Priya Gopalen ceased to be Additional Director on 16 May 2022.
AGM
Onload Gears Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Onload Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.50 Cr with Charge ID 100724831 was registered on 25 May 2023.
Ceased
Priya Gopalen ceased to be Additional Director.
Appointed
Parameswaran Neelakantan was appointed as Director.
Appointed
Perla Hanumantha Rao was appointed as Managing Director.
Appointed
Srinivasan N S Srinivasan was appointed as Director.
Ceased
Chidambaram Ramaswamy ceased to be Director.
Ceased
Viswanathan Sattanathan ceased to be Director.
Ceased
Tiruchendurai Viswanathan Sridhar ceased to be Director.
Appointed
Sundara Venkataraman Gopalen was appointed as Director.
Incorporation
03 Jun 1991
Onload Gears Private Limited was registered on 03 Jun 1991 with Roc Chennai & aged 35 years 4 months as per MCA records.
Frequently asked questions
Onload Gears is an active private limited company based in Chennai, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 03 June 1991 (35+ years old) and is registered under CIN U30007TN1991PTC020898.
Onload Gears has 4 current directors:
- Perla Hanumantha Rao - Managing Director
- Sundara Venkataraman Gopalen - Director
- Srinivasan N S Srinivasan - Director
- Parameswaran Neelakantan - Director
The latest financial statements of Onload Gears 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 Onload Gears is 33AAACO0900G2Z5, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 23AAACO0900G1Z7 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Onload Gears is U30007TN1991PTC020898. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Onload Gears has 2 court cases on record: 2 filed by the company.
Onload Gears was incorporated on 03 June 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chennai.
Onload Gears has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹9.84 Cr; the latest was in May 2022.
The peers of Onload Gears by revenue are Marsons Energy Private Limited, Asiatic Electrical & Switchgear Private Limited, Transformers and Electricals Kerala Ltd, Amara Raja Power Systems Limited, Switchgears and Structurals (India) Pvt. Ltd. and 4 more, 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).
Priya Gopalen ceased to be Additional Director on 16 May 2022. Parameswaran Neelakantan was appointed as Director on 29 Apr 2022. Perla Hanumantha Rao was appointed as Managing Director on 29 Apr 2022. Onload Gears has 8 board changes on record in total.
Yes, Onload Gears is registered as an MSME under Udyam registration (number: UDYAM-TN-02-0119648).