About Remag Electros Private Limited
Data last updated:
Remag Electros Private Limited is a private limited company based in Sundergarh, Odisha, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 25 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U32109OR1996PTC004385. Its GSTIN is 21AAGFR8893J1ZP (Odisha).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹72.63 Lakh. It is led by directors including Tarun Kumar Agarwal and Arun Agarwal.
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 B – 35 Industrial Estaterourkela, Sundergarh, Odisha, India – 769004.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.64 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹10.52 Lakh (net margin 2.3%) and EBITDA of ₹33.14 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 11% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.57 Cr and satisfied charges of ₹38.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website remagelectros.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressB – 35 Industrial Estaterourkela, Sundergarh, Odisha, India – 769004
- 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 Remag Electros Private Limited
The main business activities of Remag Electros are manufacturing and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| 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 |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Remag Electros Private Limited FY 2025 filings available
Remag Electros Private Limited reported revenue of ₹4.64 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Remag Electros Private Limited
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 8% 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 Remag Electros Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹33.14 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.52 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 Remag Electros Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Remag Electros 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.
Peer Comparison of Remag Electros Private Limited
Remag Electros Private Limited 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 |
|---|---|---|---|---|---|---|
| Solace Cogen Private Limited | ₹4.7 Cr (FY 2023) | •••• | •••• | 118.0% | •••• | Panvel, Maharashtra, India |
| Veeral Controls Private Limited | ₹4.69 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Gandhinagar, Gujarat, India |
| Control Electric Company Private Limited | ₹4.68 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | New Delhi, Delhi, India |
| Noel Engineering Private Limited | ₹4.68 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Ambernath, Maharashtra, India |
| Surya Shakthi Equipments Private Limited | ₹4.66 Cr (FY 2017) | •••• | •••• | 15.0% | •••• | Sivakasi, Tamil Nadu, India |
| Remag Electros Private Limited this company | ₹4.64 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Sundergarh, Odisha, India |
| Sunrise Solar Private Limited | ₹4.64 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
| Panorama Electricals Private Limited | ₹4.63 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Ambernath, Maharashtra, India |
| Sanat Chittlaye Private Limited | ₹4.62 Cr (FY 2025) | •••• | •••• | 371.0% | •••• | Kalka, Haryana, India |
| Dold Electric India Private Limited | ₹4.62 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Traox India Limited | ₹4.62 Cr (FY 2019) | •••• | •••• | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Remag Electros 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 Remag Electros Private Limited
Remag Electros Private Limited is audited by JAGDISH MITTAL & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAGDISH MITTAL & 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 Remag Electros Private Limited
Remag Electros has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarun Kumar Agarwal Also directs: Tecmag Transformers (India)Private Limited | Director | 02 May 2011 | 15 Years 5 Months | Current |
| Arun Agarwal Also directs: Ofa Sports Foundation | Director | 25 Mar 1996 | 30 Years 6 Months | Current |
| Sangeeta Agarwal Also directs: Tecmag Transformers (India)Private Limited | Director | 01 Mar 2011 | 15 Years 7 Months | Current |
Ownership and Shareholding of Remag Electros 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 Remag Electros Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2002 | State Bank of India | ₹1.57 Cr | Open |
| 18 Aug 1998 | Orissa State Financial Corp. | ₹21.5 Lakh | Satisfied |
| 31 Oct 1997 | State Bank of India | ₹17 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Remag Electros Private Limited
Remag Electros Private Limited has a workforce of 25 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 Remag Electros Private Limited
Remag Electros Private Limited has 5 board changes on record since 1996: 3 appointments and 2 cessations. The latest: Ram Pratap Agrawal ceased to be Director on 07 Aug 2024.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Remag Electros 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 Remag Electros 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 Remag Electros 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 Remag Electros Private Limited
Remag Electros has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGFR8893J1ZP | Odisha | 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 Remag Electros 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 Remag Electros Private Limited
Remag Electros is an active private limited company based in Sundergarh, Odisha, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 25 March 1996 (30+ years old) and is registered under CIN U32109OR1996PTC004385.
Remag Electros reported revenue of ₹4.64 Cr for FY 2025 (down 14% YoY).
Remag Electros has 3 current directors:
- Tarun Kumar Agarwal - Director
- Arun Agarwal - Director
- Sangeeta Agarwal - Director
Remag Electros reported a net profit of ₹10.52 Lakh (net margin 2.3%) and EBITDA of ₹33.14 Lakh (EBITDA margin 7.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Remag Electros is 7% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Remag Electros is 21AAGFR8893J1ZP, registered in Odisha.
The CIN (Corporate Identification Number) of Remag Electros is U32109OR1996PTC004385. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Remag Electros was incorporated on 25 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Remag Electros by revenue are Solace Cogen Private Limited, Veeral Controls Private Limited, Control Electric Company Private Limited, Noel Engineering Private Limited, Surya Shakthi Equipments Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Ram Pratap Agrawal ceased to be Director on 07 Aug 2024. Tarun Kumar Agarwal was appointed as Director on 02 May 2011. Sangeeta Agarwal was appointed as Director on 01 Mar 2011. Remag Electros has 5 board changes on record in total.
Remag Electros can be reached through the website remagelectros.com. Its registered office is in Sundergarh, Odisha, India.