MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-06-0003493
Piyush Electromac Private Limited - consumer electronics & durables in Bharuch, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹18.37 Cr
▲ 39% YoY
Net profit · FY 2025
₹86.92 Lakh
Net margin 4.7%
EBITDA · FY 2025
₹1.77 Cr
EBITDA margin 9.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹1.7 Lakh
Issued & subscribed
Open charges
₹14.6 Cr
Satisfied ₹10.31 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
55
Provident fund records
About Piyush Electromac Private Limited
Data last updated:
Piyush Electromac Private Limited is a private limited company based in Bharuch, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 26 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31403GJ2008PTC053375. Its GSTIN is 24AAECP5918M1Z3 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1.7 Lakh. It is led by directors including Raghav Rameshkumar Patel and Vimalkumar Kantilal 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 Plot No. 5719 G.I.D.C. Ankleshwar, Bharuch, Gujarat, India – 393002.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.37 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹86.92 Lakh (net margin 4.7%) and EBITDA of ₹1.77 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 9% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.6 Cr and satisfied charges of ₹10.31 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 3 cases are pending.
Piyush Electromac Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0003493). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piyushelectromac.in.
Company details
CIN U31403GJ2008PTC053375
Registration Number 053375
Incorporation Date 26 March 2008
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-06-0003493
Key People
Raghav Rameshkumar Patel Director Vimalkumar Kantilal Patel Director Binduben Vimalkumar Patel Director Recognitions & Rankings of Piyush Electromac
Contact details
Piyush Electromac Private Limited's registered office is in Bharuch, Gujarat. Its website is piyushelectromac.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 5719 G.I.D.C. Ankleshwar, Bharuch, Gujarat, India – 393002
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Piyush Electromac Private Limited, buy the company report.
Comprehensive company report
Piyush Electromac 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 Piyush Electromac 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 Piyush Electromac Private Limited, buy the company report.
Financials of Piyush Electromac Private Limited
FY 2025 filings availablePiyush Electromac Private Limited reported revenue of ₹18.37 Cr (up 39% YoY) for FY 2025.
Revenue · FY 2025
₹18.37 Cr ▲ 39%
Net profit · FY 2025
₹86.92 Lakh margin 4.7%
EBITDA · FY 2025
₹1.77 Cr margin 9.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 4%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 15%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 39% growth in the latest year. EBITDA rose 9% 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 | ₹1.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹86.92 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 | |||||
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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 | 9.6% | ||||
| Net Profit Margin | 4.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Piyush Electromac Private Limited, buy the company report.
Board of directors of Piyush Electromac Private Limited
Piyush Electromac has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghav Rameshkumar Patel | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Vimalkumar Kantilal Patel Also directs: Shivabhishek Industrial Park Private Limited | Director | 26 Mar 2008 | 18 Years 7 Months | Current |
| Binduben Vimalkumar Patel | Director | 26 Mar 2008 | 18 Years 7 Months | Current |
Peer comparison
Piyush Electromac Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 |
|---|---|---|---|---|---|---|
| Forus Electric Private Limited | ₹18.41 Cr (FY 2024) | 36.0% | New Delhi, Delhi, India | |||
| Arklite Speciality Lamps Private Limited | ₹18.41 Cr (FY 2025) | 40.0% | Pune, Maharashtra, India | |||
| Piyush Electromac Private Limitedthis company | ₹18.37 Cr (FY 2025) | ₹86.92 Lakh | 4.7% | 39.0% | 55 | Bharuch, Gujarat, India |
| SBC Cooling Private Limited | ₹18.29 Cr (FY 2025) | -2.0% | Surat, Gujarat, India | |||
| Gati Battery Tech Private Limited | ₹18.25 Cr (FY 2024) | 34.0% | Bhor, Maharashtra, India | |||
| Planet Energy Technologies Private Limited | ₹18.18 Cr (FY 2025) | -25.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Piyush Electromac Private Limited, buy the company report.
Auditor
Piyush Electromac Private Limited is audited by AMOLAK JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMOLAK JAIN & ASSOCIATES | FY 2023 | 129094W |
Shareholding
The shareholding of Piyush Electromac Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Piyush Electromac Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.6 Cr
Satisfied charges
₹10.31 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2022 | 100588316 | Others | ₹5 Cr | Open | |
| 16 Nov 2021 | 100501652 | Others | ₹3.7 Cr | Open | |
| 22 Jul 2021 | 100476975 | Others | ₹53 Lakh | Open | |
| 22 Jul 2021 | 100476977 | Others | ₹5.37 Cr | Open | |
| 23 May 2012 | 10356393 | Others | ₹4.62 Cr | Satisfied |
To see the full charge records of Piyush Electromac Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Piyush Electromac Private Limited has 5 court cases on record: 4 filed by Piyush Electromac, 1 filed against it. 3 cases are pending and 2 are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 0 | 3 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Registrar Court | Tribunal matter | Filed by the company against Mr Sanjai Kumar Gupta RP of Kilburn Chemicals Limited & Anr | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Mr. Sanjai Kumar Gupta RP of M/S Kilburn Chemicals Limited & Aanr | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Sanjai Kumar Gupta- Resolution Professional of M/S. Kilburn Chemicals Limited & Anr and 1 other | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Mr. Sanjai Kumar Gupta RP of M/S Kilburn Chemicals Limited &Anr. | Pending |
| District court, New Delhi, Delhi | Court case (TM) | Filed against the company by Larsen Toubro Limited | Disposed |
To see the full case history of Piyush Electromac 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 Piyush Electromac Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Piyush Electromac Private Limited has a workforce of 55 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
55
Active EPFO establishments
1
Employee growth
1.85%
GST
Piyush Electromac has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECP5918M1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Piyush Electromac Private Limited, buy the company report.
Recent activity
Piyush Electromac Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Raghav Rameshkumar Patel was appointed as Director on 01 Apr 2022.
AGM
Piyush Electromac Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Piyush Electromac Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 500.00 Lakh registered on 28 Jun 2022 with Charge ID 100588316 was modified on 30 Oct 2023.
Charges
A charge with Others of Rs. 370.00 Lakh registered on 16 Nov 2021 with Charge ID 100501652 was modified on 02 Jul 2022.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100588316 was registered on 28 Jun 2022.
Appointed
Raghav Rameshkumar Patel was appointed as Director.
Charges
A charge with Others amounted to Rs. 370.00 Lakh with Charge ID 100501652 was registered on 16 Nov 2021.
Charges
A charge registered on 23 May 2012 via Charge ID 10356393 with Others was fully satisfied on 16 Oct 2021.
Charges
A charge registered on 07 Apr 2012 via Charge ID 10356060 with Others was fully satisfied on 16 Oct 2021.
Charges
A charge with Others amounted to Rs. 53.00 Lakh with Charge ID 100476975 was registered on 22 Jul 2021.
Charges
A charge with Others amounted to Rs. 537.40 Lakh with Charge ID 100476977 was registered on 22 Jul 2021.
Charges
A charge with Others of Rs. 568.68 Lakh registered on 07 Apr 2012 with Charge ID 10356060 was modified on 20 Aug 2020.
8 earlier events are in the company report.
Frequently asked questions
Piyush Electromac is an active private limited company based in Bharuch, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 26 March 2008 (18+ years old) and is registered under CIN U31403GJ2008PTC053375.
Piyush Electromac has 3 current directors:
- Raghav Rameshkumar Patel - Director
- Vimalkumar Kantilal Patel - Director
- Binduben Vimalkumar Patel - Director
The latest financial statements of Piyush Electromac 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 Piyush Electromac is 24AAECP5918M1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Piyush Electromac is U31403GJ2008PTC053375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piyush Electromac has 5 court cases on record: 4 filed by the company and 1 filed against it. 3 are pending. Most are in the nclat.
Piyush Electromac was incorporated on 26 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Piyush Electromac by revenue are Forus Electric Private Limited, Arklite Speciality Lamps Private Limited, SBC Cooling Private Limited, Gati Battery Tech Private Limited, Planet Energy Technologies Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Raghav Rameshkumar Patel was appointed as Director on 01 Apr 2022. Laxmiben Ambalal Patel ceased to be Director on 27 Jul 2016. Kantilal Mohanlal Patel ceased to be Director on 05 May 2016. Piyush Electromac has 5 board changes on record in total.
Yes, Piyush Electromac is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-06-0003493).
Piyush Electromac can be reached through the website piyushelectromac.in. Its registered office is in Bharuch, Gujarat, India.
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