MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-RJ-02-0001519
R S I Switchgear Pvt Ltd - energy and power in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹51.2 Cr
▲ 56% YoY
Net profit · FY 2024
₹54.11 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹2.76 Cr
EBITDA margin 5.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹87.78 Lakh
Issued & subscribed
Open charges
₹25.5 Cr
Satisfied ₹29.62 Cr
Company age
44 yrs
Est. 1982
Employees · EPFO
44
Provident fund records
About R S I Switchgear Pvt Ltd
Data last updated:
R S I Switchgear Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 11 November 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29130WB1982PTC035427. Its GSTIN is 19AABCR1987K2ZT (West Bengal). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹87.78 Lakh. It is led by directors Pankaj Bhaiya and Dipti Bhaiya.
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 138 Biplabi Rash Behari Basu Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.2 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹54.11 Lakh (net margin 1.1%) and EBITDA of ₹2.76 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 22% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.5 Cr and satisfied charges of ₹29.62 Cr on record. Court records list 16 cases involving the company, including 6 filed by the company and 10 filed against it; 3 cases are pending.
R S I Switchgear Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-02-0001519). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rsiswitchgear.co.in.
Company details
CIN U29130WB1982PTC035427
Registration Number 035427
Incorporation Date 11 November 1982
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-RJ-02-0001519
CIN history
R S I Switchgear has one previous CIN (Corporate Identification Number): U99999WB1982PTC035427. The current CIN is U29130WB1982PTC035427, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29130WB1982PTC035427 | Current |
| U99999WB1982PTC035427 | Previous |
Recognitions & Rankings of R S I Switchgear
Contact details
R S I Switchgear Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is rsiswitchgear.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address138 Biplabi Rash Behari Basu Road, Kolkata, West Bengal, India – 700001
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of R S I Switchgear Pvt Ltd, buy the company report.
Comprehensive company report
R S I Switchgear Pvt Ltd - one report that includes everything
- 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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Business activity
The main business activity of R S I Switchgear 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 R S I Switchgear Pvt Ltd, buy the company report.
Financials of R S I Switchgear Pvt Ltd
FY 2025 filings availableR S I Switchgear Pvt Ltd reported revenue of ₹51.2 Cr (up 56% YoY) for FY 2024.
Revenue · FY 2024
₹51.2 Cr ▲ 56%
Net profit · FY 2024
₹54.11 Lakh margin 1.1%
EBITDA · FY 2024
₹2.76 Cr margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 56%
3 years · compounded
▲ 23%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 2%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 56% growth in the latest year. EBITDA fell 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹54.11 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of R S I Switchgear Pvt Ltd, buy the company report.
Board of directors of R S I Switchgear Pvt Ltd
R S I Switchgear has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipti Bhaiya | Additional Director | 12 Sep 2016 | 10 Years 1 Months | Current |
| Pankaj Bhaiya | Director | 28 Jan 2002 | 24 Years 9 Months | Current |
Peer comparison
R S I Switchgear Pvt Ltd 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 |
|---|---|---|---|---|---|---|
| D P K Engineers Private Limited | ₹51.57 Cr (FY 2025) | 28.0% | Bangalore, Karnataka, India | |||
| R S I Switchgear Pvt Ltdthis company | ₹51.2 Cr (FY 2024) | ₹54.11 Lakh | 1.1% | 56.0% | 44 | Kolkata, West Bengal, India |
| Electrovast Solutions Private Limited | ₹51.11 Cr (FY 2024) | 222.0% | Chennai, Tamil Nadu, India | |||
| Melcon Controls Private Limited | ₹50.89 Cr (FY 2024) | 86.0% | Sriperumbudur, Tamil Nadu, India |
To see the full peer comparison of R S I Switchgear Pvt Ltd, buy the company report.
Auditor
R S I Switchgear Pvt Ltd is audited by S.GHOSE & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.GHOSE & CO LLP | FY 2023 | 302184E |
Shareholding
The shareholding of R S I Switchgear Pvt Ltd 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 R S I Switchgear Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹25.5 Cr
Satisfied charges
₹29.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 2025 | 101120542 | Bank of India | ₹69 Lakh | Open | |
| 02 May 2025 | 101120550 | Bank of India | ₹4.31 Cr | Open | |
| 20 Jun 2022 | 100591252 | Bank of India | ₹6 Lakh | Open | |
| 05 Jan 2018 | 100148692 | Bank of India | ₹60 Lakh | Open | |
| 28 Sep 2017 | 100126732 | Bank of India | ₹60 Lakh | Open |
To see the full charge records of R S I Switchgear Pvt Ltd, buy the company report.
Total charge records: 9 View all charges
Legal cases
R S I Switchgear Pvt Ltd has 16 court cases on record: 6 filed by R S I Switchgear, 10 filed against it. 3 cases are pending and 13 are disposed.
Total cases
16
Filed by the company
6
Filed against the company
10
Pending
3
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 8 | 1 |
| High courts | 5 | 2 | 2 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Court case (CFA) | Filed against the company by Jaipur Vidyut Vitran Nigam Limited | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Jaipur Vidyut Vitran Nigam Limited and 1 other | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Jaipur Vidyut Vitran Nigam Limited | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against M/S Palak Enterprises and Others | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of R S I Switchgear Pvt Ltd, 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 R S I Switchgear Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
R S I Switchgear Pvt Ltd has a workforce of 44 employees on its EPFO records as of Mar 22, 2024, across 2 active EPFO establishments.
Employee count
44
Active EPFO establishments
2
Employee growth
-2.22%
GST
R S I Switchgear has 6 GST registrations: 2 active and 4 cancelled or inactive.
Total GSTINs
6
Active
2
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCR1987K2ZT | West Bengal | Active | 08 Feb 2019 |
| 08AABCR1987K1ZX | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of R S I Switchgear Pvt Ltd, buy the company report.
Recent activity
R S I Switchgear Pvt Ltd has 5 board changes on record since 2002: 2 appointments and 3 cessations. The latest: Dipti Bhaiya was appointed as Additional Director on 12 Sep 2016.
AGM
R S I Switchgear Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Bank Of India amounted to Rs. 0.69 Cr with Charge ID 101120542 was registered on 02 May 2025.
Charges
A charge with Bank Of India amounted to Rs. 4.31 Cr with Charge ID 101120550 was registered on 02 May 2025.
Filing
R S I Switchgear Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Charges
A charge with Bank Of India of Rs. 19.17 Cr registered on 05 Oct 2012 with Charge ID 10381739 was modified on 15 Apr 2024.
Charges
A charge with Bank Of India amounted to Rs. 0.06 Cr with Charge ID 100591252 was registered on 20 Jun 2022.
Charges
A charge with Bank Of India amounted to Rs. 0.60 Cr with Charge ID 100148692 was registered on 05 Jan 2018.
Charges
A charge with Bank Of India amounted to Rs. 0.60 Cr with Charge ID 100126732 was registered on 28 Sep 2017.
Charges
A charge with Bank Of India amounted to Rs. 0.07 Cr with Charge ID 100126710 was registered on 31 Aug 2017.
Appointed
Dipti Bhaiya was appointed as Additional Director.
Ceased
Sachin Bhaiya ceased to be Director.
Charges
A charge registered on 05 Jun 2002 via Charge ID 90249253 with State Bank Of India was fully satisfied on 12 Oct 2012.
10 earlier events are in the company report.
Frequently asked questions
R S I Switchgear is an active private limited company based in Kolkata, West Bengal, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 11 November 1982 (44+ years old) and is registered under CIN U29130WB1982PTC035427.
R S I Switchgear has 2 current directors:
- Dipti Bhaiya - Additional Director
- Pankaj Bhaiya - Director
The latest financial statements of R S I 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 R S I Switchgear is 19AABCR1987K2ZT, registered in West Bengal. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 08AABCR1987K1ZX (Rajasthan).
The CIN (Corporate Identification Number) of R S I Switchgear is U29130WB1982PTC035427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R S I Switchgear has 16 court cases on record: 6 filed by the company and 10 filed against it. 3 are pending. Most are in the district courts.
R S I Switchgear was incorporated on 11 November 1982, making it 44+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of R S I Switchgear by revenue are D P K Engineers Private Limited, Electrovast Solutions Private Limited, Melcon Controls 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).
Dipti Bhaiya was appointed as Additional Director on 12 Sep 2016. Sachin Bhaiya ceased to be Director on 12 Sep 2016. Goverdhan Das Bhaiya ceased to be Director on 24 Mar 2010. R S I Switchgear has 5 board changes on record in total.
Yes, R S I Switchgear is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-02-0001519).
R S I Switchgear can be reached through the website rsiswitchgear.co.in. Its registered office is in Kolkata, West Bengal, India.
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