Prathoma Switchgears Private Limited
About Prathoma Switchgears Private Limited
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Prathoma Switchgears Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 07 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31200MH1995PTC089235. Its GSTIN is 27AAACP3765G1ZD (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Thomas Devassy Thecknath and Kailas Bhagwan Dhade.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 6 Mahim House Mogullane Mahim, Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.28 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.3 Lakh (net margin 0.3%) and EBITDA of ₹25.96 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.83 Cr and satisfied charges of ₹1.01 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Prathoma Switchgears Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6 Mahim House Mogullane Mahim, Mumbai, Maharashtra, India – 400016
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Prathoma Switchgears 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 Prathoma Switchgears 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 Prathoma Switchgears Private Limited, buy the company report.
Financials of Prathoma Switchgears Private Limited
FY 2018 filings availablePrathoma Switchgears Private Limited reported revenue of ₹4.28 Cr (up 21% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over three years, including 21% growth in the latest year. EBITDA rose 1% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹4.28 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹25.96 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.3 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.1% | |||
| Net Profit Margin | 0.3% | |||
| 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 Prathoma Switchgears Private Limited, buy the company report.
Board of directors of Prathoma Switchgears Private Limited
Prathoma Switchgears has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thomas Devassy Thecknath | Director | 07 Jun 1995 | 31 Years 4 Months | Current |
| Kailas Bhagwan Dhade Also directs: Jaguar Switchgears Private Limited | Director | 29 Nov 2012 | 13 Years 10 Months | Current |
| Praveen Vijay Nikalje Also directs: NGD Unique Electricals Private Limited | Director | 11 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Prathoma Switchgears Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Sarn Switchgear Control Panel Private Limited | ₹4.31 Cr (FY 2025) | 38.0% | New Delhi, Delhi, India | |||
| Prathoma Switchgears Private Limitedthis company | ₹4.28 Cr (FY 2018) | ₹1.3 Lakh | 0.3% | 21.0% | 6 | Mumbai, Maharashtra, India |
| Homac Transformer and Electrical Private Limited | ₹4.27 Cr (FY 2025) | -12.0% | Siliguri, West Bengal, India | |||
| Levant Solar Private Limited | ₹4.27 Cr (FY 2024) | -81.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Prathoma Switchgears Private Limited, buy the company report.
Auditor
Prathoma Switchgears Private Limited is audited by NATESH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NATESH & ASSOCIATES | FY 2018 | 106957W |
Shareholding
The shareholding of Prathoma Switchgears Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prathoma Switchgears Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2009 | 10151863 | The Federal Bank Ltd | ₹1.42 Cr | Open | |
| 31 Mar 2009 | 10151880 | The Federal Bank Ltd | ₹1.42 Cr | Open | |
| 17 Jan 2008 | 10086902 | Central Bank of India | ₹70 Lakh | Satisfied | |
| 07 Oct 1997 | 90224848 | Central Bank of India | ₹1.5 Lakh | Satisfied | |
| 26 Sep 1997 | 90224845 | Central Bank of India | ₹14.97 Lakh | Satisfied |
To see the full charge records of Prathoma Switchgears Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Prathoma Switchgears Private Limited has 5 court cases on record: 3 filed by Prathoma Switchgears, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Criminal miscellaneous application | Filed against the company by The Federal Bank Ltd Through Sijo D K | Disposed |
| Bombay High Court | Court case (CHS) | Filed by the company against Batliboi Ltd. | Disposed |
| Bombay High Court | Court case (SJ) | Filed by the company against M/S. Batliboi Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Ashok Sales Corporation Through Tushar Ashok Shah | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M S Batliboi Ltd | Disposed |
To see the full case history of Prathoma Switchgears 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 Prathoma Switchgears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prathoma Switchgears Private Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Prathoma Switchgears has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP3765G1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prathoma Switchgears Private Limited, buy the company report.
Recent activity
Prathoma Switchgears Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Praveen Vijay Nikalje was appointed as Director on 11 Jun 2019.
9 earlier events are in the company report.
Frequently asked questions
Prathoma Switchgears is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 07 June 1995 (31+ years old) and is registered under CIN U31200MH1995PTC089235.
Prathoma Switchgears has 3 current directors:
- Thomas Devassy Thecknath - Director
- Kailas Bhagwan Dhade - Director
- Praveen Vijay Nikalje - Director
The latest financial statements of Prathoma Switchgears on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Prathoma Switchgears is 27AAACP3765G1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Prathoma Switchgears is U31200MH1995PTC089235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prathoma Switchgears has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the district courts.
Prathoma Switchgears was incorporated on 07 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Prathoma Switchgears by revenue are Sarn Switchgear Control Panel Private Limited, Homac Transformer and Electrical Private Limited, Levant Solar 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).
Praveen Vijay Nikalje was appointed as Director on 11 Jun 2019. Leeja Thomas ceased to be Director on 07 Aug 2013. Kailas Bhagwan Dhade was appointed as Director on 29 Nov 2012. Prathoma Switchgears has 6 board changes on record in total.
The registered office of Prathoma Switchgears is at 6 Mahim House Mogullane Mahim, Mumbai, Maharashtra, India – 400016.
Prathoma Switchgears operates in the energy and power industry, in the power equipment manufacturers segment.