Pyramid Switchgear Private Limited
About Pyramid Switchgear Private Limited
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Pyramid Switchgear Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 17 July 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ1997PTC032685. Its GSTIN is 24AABCP2930N1ZE (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Thaker Kirtikumar Chunilal and Thaker Mayankkumar Bipinchandra.
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 A 6 Shree Meldi Industrialestate Nr Gota Rly Crossing Gota, Ahmedabad, Gujarat, India – 382481.
As per the financials filed for FY 2023, the company reported a revenue of ₹80,000, a decline of 71% compared to the previous year. For the same year it recorded a net profit of ₹42,800 (net margin 53.5%) and EBITDA of ₹42,800 (EBITDA margin 53.5%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 51% over five years.
As per MCA filings, the company has satisfied charges of ₹15 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA 6 Shree Meldi Industrialestate Nr Gota Rly Crossing Gota, Ahmedabad, Gujarat, India – 382481
- IndustryTrading, Retailers, Retail Trading
- 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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Financials of Pyramid Switchgear Private Limited FY 2025 filings available
Pyramid Switchgear Private Limited reported revenue of ₹80,000 (down 71% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Pyramid Switchgear Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 71% fall in the latest year. EBITDA rose 122% 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 Pyramid Switchgear Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹42,800 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹42,800 | •••• | •••• | •••• | •••• |
| 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 Pyramid Switchgear Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 53.5% | •••• | •••• | •••• | •••• |
| 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 Pyramid Switchgear 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.
Auditor Details of Pyramid Switchgear Private Limited
Pyramid Switchgear Private Limited is audited by S.D.Mehta & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.D.Mehta & 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.
Board of Directors of Pyramid Switchgear Private Limited
Pyramid Switchgear has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thaker Kirtikumar Chunilal | Director | 20 Jul 2010 | 16 Years 2 Months | Current |
| Thaker Mayankkumar Bipinchandra | Director | 17 Jul 1997 | 29 Years 3 Months | Current |
| Thaker Smitaben Mayankbhai | Director | 01 Sep 2018 | 8 Years 1 Months | Current |
Ownership and Shareholding of Pyramid Switchgear Private Limited
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 Pyramid Switchgear Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 2007 | The Bhagyodaya Co-Op.Bank Ltd. | ₹15 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Pyramid Switchgear Private Limited
Employment history and EPFO contributions of people linked to Pyramid Switchgear.
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 Pyramid Switchgear Private Limited
Pyramid Switchgear Private Limited has 4 board changes on record since 1997: 3 appointments and 1 cessation. The latest: Thaker Smitaben Mayankbhai was appointed as Director on 01 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Pyramid Switchgear Private Limited
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 Pyramid Switchgear Private Limited
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 Pyramid Switchgear Private Limited
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 Pyramid Switchgear Private Limited
Pyramid Switchgear has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP2930N1ZE | 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 Pyramid Switchgear Private Limited
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 Pyramid Switchgear Private Limited
Pyramid Switchgear is an active private limited company based in Ahmedabad, Gujarat, India. The company works in retailers, within the trading industry. It was incorporated on 17 July 1997 (29+ years old) and is registered under CIN U29309GJ1997PTC032685.
Pyramid Switchgear reported revenue of ₹80,000 for FY 2023 (down 71% YoY).
Pyramid Switchgear has 3 current directors:
- Thaker Kirtikumar Chunilal - Director
- Thaker Mayankkumar Bipinchandra - Director
- Thaker Smitaben Mayankbhai - Director
Pyramid Switchgear reported a net profit of ₹42,800 (net margin 53.5%) and EBITDA of ₹42,800 (EBITDA margin 53.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pyramid Switchgear is -68% over three years and -51% over five years. In the latest year (FY 2023) revenue fell 71%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pyramid Switchgear is 24AABCP2930N1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Pyramid Switchgear is U29309GJ1997PTC032685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pyramid Switchgear was incorporated on 17 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Thaker Smitaben Mayankbhai was appointed as Director on 01 Sep 2018. Nikhil Girishchandra Thaker ceased to be Director on 20 Jul 2010. Thaker Kirtikumar Chunilal was appointed as Director on 20 Jul 2010. Pyramid Switchgear has 4 board changes on record in total.
The registered office of Pyramid Switchgear is at A 6 Shree Meldi Industrialestate Nr Gota Rly Crossing Gota, Ahmedabad, Gujarat, India – 382481.