About Power-Grid Switchgears Pvt Ltd
Data last updated:
Power-Grid Switchgears Pvt Ltd is a private limited company based in Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 24 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ1995PTC024792. Its GSTIN is 24AAACP6766D1ZI (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jayant Girjashanker Vyas and Kaushik Girjashanker Vyas.
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 1885 Pada Pole B/H Union Bankof India Gandhi Road Ahmedabadd., Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.68 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹20.1 Lakh (net margin 2.1%) and EBITDA of ₹46.9 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powergridswitchgear.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1885 Pada Pole B/H Union Bankof India Gandhi Road Ahmedabadd., Gujarat, India
- 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 Power-Grid Switchgears Pvt Ltd
The main business activity of Power-Grid Switchgears is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Power-Grid Switchgears Pvt Ltd FY 2025 filings available
Power-Grid Switchgears Pvt Ltd reported revenue of ₹9.68 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Power-Grid Switchgears Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 17% growth in the latest year. EBITDA rose 6% 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 Power-Grid Switchgears Pvt Ltd
| 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 | ₹46.9 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.1 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 of Power-Grid Switchgears Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 Power-Grid Switchgears 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.
Board of Directors of Power-Grid Switchgears Pvt Ltd
Power-Grid Switchgears has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayant Girjashanker Vyas | Director | 06 Mar 1995 | 31 Years 7 Months | Current |
| Kaushik Girjashanker Vyas | Director | 24 Feb 1995 | 31 Years 7 Months | Current |
| Sagar Kaushik Vyas | Director | 25 Mar 2011 | 15 Years 6 Months | Current |
| Ashaben Kaushikbhai Vyas | Director | 14 May 2015 | 11 Years 5 Months | Current |
| Priyanka Rahil Desai | Director | 14 May 2015 | 11 Years 5 Months | Current |
| Truptiben Jayant Vyas | Director | 14 Sep 2016 | 10 Years 1 Months | Current |
Peer Comparison of Power-Grid Switchgears Pvt Ltd
Power-Grid Switchgears Pvt Ltd 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 |
|---|---|---|---|---|---|---|
| Avante Global Services Private Limited | ₹9.72 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Jayanthi Transformers Private Limited | ₹9.72 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Chennai, Tamil Nadu, India |
| Reliable Electronic Components Private Limited | ₹9.7 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Vertex Power Controls Private Limited | ₹9.69 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Shakshi Transformers Private Limited | ₹9.68 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Vadodara, Gujarat, India |
| Power-Grid Switchgears Pvt Ltd this company | ₹9.68 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Gujarat, India |
| Eps Transformers Private Limited | ₹9.67 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Indore, Madhya Pradesh, India |
| Imperium Engineering Private Limited | ₹9.66 Cr (FY 2024) | •••• | •••• | 73.0% | •••• | Vadodara, Gujarat, India |
| Elecos Engineers Private Limited | ₹9.65 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Kolkata, West Bengal, India |
| Cyantron Synergies Private Limited | ₹9.62 Cr (FY 2025) | •••• | •••• | 114.0% | •••• | Nanded, Maharashtra, India |
| Icon Engineers Pvt Ltd | ₹9.61 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Power-Grid Switchgears 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 Power-Grid Switchgears Pvt Ltd
Power-Grid Switchgears Pvt Ltd is audited by N.K. ASWANI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N.K. ASWANI & 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.
Ownership and Shareholding of Power-Grid Switchgears Pvt Ltd
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 Power-Grid Switchgears Pvt Ltd
Power-Grid Switchgears Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Power-Grid Switchgears Pvt Ltd
Power-Grid Switchgears Pvt Ltd has 1 court case on record: 1 filed by Power-Grid Switchgears. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Power-Grid Switchgears Pvt Ltd
Employment history and EPFO contributions of people linked to Power-Grid Switchgears.
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.
Recent Activity on Power-Grid Switchgears Pvt Ltd
Power-Grid Switchgears Pvt Ltd has 11 board changes on record since 1995: 9 appointments and 2 cessations. The latest: Raj Kaushik Vyas was appointed as Director on 28 Dec 2023.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Power-Grid Switchgears Pvt Ltd
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.
MSME Payment Delays by Power-Grid Switchgears Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Power-Grid Switchgears Pvt Ltd
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 Power-Grid Switchgears Pvt Ltd
Power-Grid Switchgears has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACP6766D1ZI | Gujarat | Active | 01 Jul 2017 |
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 Power-Grid Switchgears Pvt Ltd
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 Power-Grid Switchgears Pvt Ltd
Power-Grid Switchgears is an active private limited company based in Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 24 February 1995 (31+ years old) and is registered under CIN U31909GJ1995PTC024792.
Power-Grid Switchgears reported revenue of ₹9.68 Cr for FY 2025 (up 17% YoY).
Power-Grid Switchgears has 7 current directors:
- Jayant Girjashanker Vyas - Director
- Kaushik Girjashanker Vyas - Director
- Sagar Kaushik Vyas - Director
- Ashaben Kaushikbhai Vyas - Director
- Priyanka Rahil Desai - Director
- Truptiben Jayant Vyas - Director
- Raj Kaushik Vyas - Director
Power-Grid Switchgears reported a net profit of ₹20.1 Lakh (net margin 2.1%) and EBITDA of ₹46.9 Lakh (EBITDA margin 4.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Power-Grid Switchgears is 8% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Power-Grid Switchgears is 24AAACP6766D1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Power-Grid Switchgears is U31909GJ1995PTC024792. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Power-Grid Switchgears has 1 court case on record: 1 filed by the company.
Power-Grid Switchgears was incorporated on 24 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Power-Grid Switchgears by revenue are Avante Global Services Private Limited, Jayanthi Transformers Private Limited, Reliable Electronic Components Private Limited, Vertex Power Controls Private Limited, Shakshi Transformers Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Raj Kaushik Vyas was appointed as Director on 28 Dec 2023. Truptiben Jayant Vyas was appointed as Director on 14 Sep 2016. Mansi Jayant Vyas ceased to be Director on 10 Aug 2016. Power-Grid Switchgears has 11 board changes on record in total.