Punjab Switchgears Pvt. Ltd.
About Punjab Switchgears Pvt. Ltd.
Data last updated:
Punjab Switchgears Pvt. Ltd. is a private limited company based in Ludhiana, Punjab, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 20 March 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U31909PB1987PTC007368. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹56 Lakh and a paid-up capital of ₹55.73 Lakh. It is led by directors Gavin Devgan and Parminder Kaur.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at B – 30 Ph – V Focal Point, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2019, the company reported a revenue of ₹40.97 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹50.99 Lakh (net margin -124.5%) and EBITDA of -₹28.76 Lakh (EBITDA margin -70.2%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB – 30 Ph – V Focal Point, Ludhiana, Punjab, India – 141010
- 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 Punjab Switchgears Pvt. Ltd.
The main business activity of Punjab 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 Punjab Switchgears Pvt. Ltd. FY 2019 filings available
Punjab Switchgears Pvt. Ltd. reported revenue of ₹40.97 Lakh (down 58% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Punjab Switchgears Pvt. Ltd.
Revenue has declined at a compounded annual rate (CAGR) of 43% over three years, including a 58% fall 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 Punjab Switchgears Pvt. Ltd.
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | -₹28.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹50.99 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 Punjab Switchgears Pvt. Ltd.
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -70.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -124.5% | •••• | •••• | •••• | •••• |
| 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 Punjab 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 Punjab Switchgears Pvt. Ltd.
Punjab Switchgears has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gavin Devgan Also directs: Mefa Needles Pvt Ltd | Additional Director | 22 Feb 2024 | 2 Years 7 Months | Current |
| Parminder Kaur Also directs: Mefa Needles Pvt Ltd | Additional Director | 22 Feb 2024 | 2 Years 7 Months | Current |
Peer Comparison of Punjab Switchgears Pvt. Ltd.
Punjab 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 |
|---|---|---|---|---|---|---|
| Divam Electrical & Contracts Private Limited | ₹41.34 Lakh (FY 2025) | •••• | •••• | 60.0% | •••• | Delhi, India |
| J V Electricals India Private Limited | ₹41.34 Lakh (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Enterprising Consulting Engineers Pvt Ltd | ₹41.16 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Rajnandgaon, Chhattisgarh, India |
| Era Control Systems Private Limited | ₹41.05 Lakh (FY 2024) | •••• | •••• | 17.0% | •••• | Noida, Uttar Pradesh, India |
| Tecman Capacitors Pvt Ltd | ₹40.97 Lakh (FY 2023) | •••• | •••• | 69.0% | •••• | Angamaly South, Kerala, India |
| Punjab Switchgears Pvt. Ltd. this company | ₹40.97 Lakh (FY 2019) | •••• | •••• | -58.0% | •••• | Ludhiana, Punjab, India |
| Electroglauben Engineering Private Limited | ₹40.47 Lakh (FY 2025) | •••• | •••• | •••• | Siliguri, West Bengal, India | |
| Smartgen India Private Limited | ₹40.41 Lakh (FY 2025) | •••• | •••• | 434.0% | •••• | Delhi, India |
| SK Engineers and Infrastructures Private Limited | ₹40.39 Lakh (FY 2023) | •••• | •••• | -63.0% | •••• | Hyderabad, Telangana, India |
| S.V. Power System Private Limited | ₹40.16 Lakh (FY 2024) | •••• | •••• | 971.0% | •••• | Mumbai, Maharashtra, India |
| Ambit Switchgear Private Limited | ₹39.89 Lakh (FY 2025) | •••• | •••• | 44.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Punjab 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 Punjab Switchgears Pvt. Ltd.
Punjab Switchgears Pvt. Ltd. is audited by V V BHALLA & CO for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V V BHALLA & 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 Punjab 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 Punjab Switchgears Pvt. Ltd.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 1997 | State Bank of India | ₹7 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Punjab Switchgears Pvt. Ltd.
Punjab Switchgears Pvt. Ltd. has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by 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 Punjab Switchgears Pvt. Ltd.
Punjab Switchgears Pvt. Ltd. has a workforce of 18 employees as of Apr 05, 2024.
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 Punjab Switchgears Pvt. Ltd.
Punjab Switchgears Pvt. Ltd. has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Yash Pal ceased to be Director on 04 Oct 2024.
Credit Ratings, Litigation & Regulatory Alerts for Punjab 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 Punjab 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 Punjab 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 Punjab Switchgears Pvt. Ltd.
Punjab Switchgears has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Punjab 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 Punjab Switchgears Pvt. Ltd.
Punjab Switchgears is an active private limited company based in Ludhiana, Punjab, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 20 March 1987 (39+ years old) and is registered under CIN U31909PB1987PTC007368.
Punjab Switchgears reported revenue of ₹40.97 Lakh for FY 2019 (down 58% YoY).
Punjab Switchgears has 2 current directors:
- Gavin Devgan - Additional Director
- Parminder Kaur - Additional Director
Punjab Switchgears reported a net loss of ₹50.99 Lakh (net margin -124.5%) and EBITDA of -₹28.76 Lakh (EBITDA margin -70.2%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Punjab Switchgears is -43% over three years. In the latest year (FY 2019) revenue fell 58%. CAGR is the steady yearly rate that links the first and the last year.
No. Punjab Switchgears has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Punjab Switchgears is U31909PB1987PTC007368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Punjab Switchgears has 1 court case on record: 1 filed against it.
Punjab Switchgears was incorporated on 20 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Punjab Switchgears by revenue are Divam Electrical & Contracts Private Limited, J V Electricals India Private Limited, Enterprising Consulting Engineers Pvt Ltd, Era Control Systems Private Limited, Tecman Capacitors Pvt Ltd and 5 more, all in the Power industry (Power Equipment Manufacturers).
Yash Pal ceased to be Director on 04 Oct 2024. Vikram Kumar ceased to be Director on 23 Feb 2024. Gavin Devgan was appointed as Additional Director on 22 Feb 2024. Punjab Switchgears has 6 board changes on record in total.