- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0035540

About Presto Switchgear Private Limited
Data last updated:
Presto Switchgear Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 09 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31400MH2011PTC218472. Its GSTIN is 27AAGCP0571J1ZA (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.89 Lakh. It is led by directors Vikas Pandit Nehete and Vijay Eknath Kumbhar.
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 Nashik, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.44 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹18.52 Lakh (net margin -148.9%) and EBITDA of -₹16.61 Lakh (EBITDA margin -133.5%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 38% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹20 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
Presto Switchgear Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0035540). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prestoswitchgear.com.
Company details
Recognitions & Rankings of Presto Switchgear
Contact details
Presto Switchgear Private Limited's registered office is in Nashik, Maharashtra. Its website is prestoswitchgear.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. 1 Golden Residency Pl – 1 Sn 807/2B/3 Suchita Nagar Behind Hotel, Rasoi, Nashik, Maharashtra, India – 422009
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Presto Switchgear 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 Presto Switchgear is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Presto Switchgear Private Limited, buy the company report.
Financials of Presto Switchgear Private Limited
FY 2025 filings availablePresto Switchgear Private Limited reported revenue of ₹12.44 Lakh (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 19% fall in the latest year. EBITDA fell 395% 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 | -₹16.61 Lakh | ||||
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| Net Profit (PAT) | -₹18.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -133.5% | ||||
| Net Profit Margin | -148.9% | ||||
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To see the full financial statements and ratios of Presto Switchgear Private Limited, buy the company report.
Board of directors of Presto Switchgear Private Limited
Presto Switchgear has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Pandit Nehete Also directs: Presto Transpower Private Limited | Director | 09 Jun 2011 | 15 Years 4 Months | Current |
| Vijay Eknath Kumbhar | Director | 15 Dec 2011 | 14 Years 10 Months | Current |
Auditor
Presto Switchgear Private Limited is audited by AGRAWALMALVADEPATIL& ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWALMALVADEPATIL& ASSOCIATES | FY 2023 | 114426W |
Shareholding
The shareholding of Presto Switchgear 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 Presto Switchgear Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2012 | 10394037 | Hdfc Bank Limited | ₹20 Lakh | Satisfied |
To see the full charge records of Presto Switchgear Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Presto Switchgear Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, Nashik, Maharashtra | Arbitration matter | Filed against the company by Idfc First Bank Ltd Through Yogesh Chandrakant Sandhan | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Aditya Birla Finance Limited | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Aditya Birla Finance Ltd | Disposed |
To see the full case history of Presto Switchgear 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
Presto Switchgear Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Presto Switchgear Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Presto Switchgear Private Limited has a workforce of 2 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Presto Switchgear has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP0571J1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Presto Switchgear Private Limited, buy the company report.
Recent activity
Presto Switchgear Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Nikhilesh Dilip Bedekar ceased to be Director on 01 Oct 2015.
Frequently asked questions
Presto Switchgear is an active private limited company based in Nashik, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 09 June 2011 (15+ years old) and is registered under CIN U31400MH2011PTC218472.
Presto Switchgear has 2 current directors:
- Vikas Pandit Nehete - Director
- Vijay Eknath Kumbhar - Director
The latest financial statements of Presto Switchgear 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 Presto Switchgear is 27AAGCP0571J1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Presto Switchgear is U31400MH2011PTC218472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Presto Switchgear has 5 court cases on record: 5 filed against it. 1 is pending.
Presto Switchgear was incorporated on 09 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Nikhilesh Dilip Bedekar ceased to be Director on 01 Oct 2015. Rahul Bhaware ceased to be Director on 01 Oct 2014. Suhas Chandrakant Gurav ceased to be Director on 01 Aug 2014. Presto Switchgear has 5 board changes on record in total.
Yes, Presto Switchgear is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0035540).
Presto Switchgear has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 31 May 2019.
Presto Switchgear can be reached through the website prestoswitchgear.com. Its registered office is in Nashik, Maharashtra, India.