About Rotomag Enertec Limited
Data last updated:
Rotomag Enertec Limited is a public limited company based in Vithal Udyognagar, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 24 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U34100GJ1993PLC020063. Its GSTIN is 24AAACR9061K1Z7 (Gujarat). The company holds 15 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹10.1 Cr. It is led by directors including Umesh Mohan Balani (Managing Director) and Neelam Umesh Balani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 16 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No. 2102/3 & 4 GIDC Estate, Vithal Udyognagar, Gujarat, India – 388121.
As per the financials filed for FY 2026, the company reported a revenue of ₹1,574.11 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹145.19 Cr (net margin 9.2%) and EBITDA of ₹267.22 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 24% over five years.
The company has about 115 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Rotomotive and Rotomag. As per MCA filings, the company has open charges of ₹667.23 Cr and satisfied charges of ₹227.96 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 1 case is pending. The company has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹33.37 Cr; the latest was in March 2022. Its 7 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 4 smaller; the largest is Salzer Electronics Limited with revenue of ₹1,423.67 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 670 overdue payments to 35 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rotomag.com.
Company details
CIN history
Rotomag Enertec has one previous CIN (Corporate Identification Number): U34100GJ1993PTC020063. The current CIN is U34100GJ1993PLC020063, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34100GJ1993PLC020063 | Current |
| U34100GJ1993PTC020063 | Previous |
Contact details
Rotomag Enertec Limited's registered office is in Vithal Udyognagar, Gujarat.
- Registered AddressPlot No. 2102/3 & 4 GIDC Estate, Vithal Udyognagar, Gujarat, India – 388121
- 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
Brands
Rotomag Enertec operates two associated brands: Rotomotive and Rotomag. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures custom motors, gearboxes, and drives for industrial and electric vehicle sectors. | rotomotive.com | |
| Manufacturer and supplier of PMDC motos | rotomag.com |
Business activity
The main business activity of Rotomag Enertec 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 Rotomag Enertec Limited, buy the company report.
Financials of Rotomag Enertec Limited
FY 2026 filings availableRotomag Enertec Limited reported revenue of ₹1,574.11 Cr (up 23% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 23% growth in the latest year. EBITDA rose 4% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹267.22 Cr | ||||
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| Net Profit (PAT) | ₹145.19 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17% | ||||
| Net Profit Margin | 9.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Rotomag Enertec Limited, buy the company report.
Board of directors of Rotomag Enertec Limited
Rotomag Enertec has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelam Umesh Balani | Whole-Time Director | 01 Jul 2008 | 18 Years 4 Months | Current |
| Umesh Mohan Balani Also directs: Statcon Energiaa Private Limited, Rotomotive Powerdrives India Limited, Su-Vastika Systems Private Limited and 1 more | Managing Director | 24 Aug 1993 | 33 Years 2 Months | Current |
| Rakesh Kumar Bhutoria Also directs: Mahaveer Finance India Limited, Kanakadurga Finance Limited | Nominee Director | 11 Apr 2025 | 1 Years 6 Months | Current |
| Ranganath Nuggehalli Krishna Also directs: Avt Natural Products Limited, Kirloskar Pneumatic Company Limited, Koel Fluid Dynamics Private Limited and 5 more | Director | 31 Jan 2025 | 1 Years 9 Months | Current |
| Anil Kumar Raina | Director | 31 Jan 2025 | 1 Years 9 Months | Current |
| Priyanka Gulati Also directs: Talbros Automotive Components Limited, Premier Energies Limited, Epack Durable Limited and 3 more | Director | 31 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Rotomag Enertec Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Rotomag Enertec Limitedthis company | ₹1,574.11 Cr (FY 2026) | ₹145.19 Cr | 9.2% | 23.0% | Vithal Udyognagar, Gujarat, India | |
| Salzer Electronics Limited | ₹1,423.67 Cr (FY 2025) | 22.0% | Tamil Nadu, India | |||
| Raychem-Rpg Private Limited | ₹1,402.51 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| C&S Electric Limited | ₹1,344.26 Cr (FY 2019) | 10.0% | New Delhi, Delhi, India | |||
| Atlanta Electricals Limited | ₹1,250.49 Cr (FY 2025) | 43.0% | Anand, Gujarat, India | |||
| Nordex India Manufacturing Private Limited | ₹1,208.95 Cr (FY 2024) | 21.0% | Chennai, Tamil Nadu, India | |||
| Fuji Electric India Private Limited | ₹1,208.4 Cr (FY 2024) | 11.0% | Chennai, Tamil Nadu, India | |||
| Saatvik Solar Industries Private Limited | ₹1,186.92 Cr (FY 2025) | 31910.0% | Chandigarh, India |
To see the full peer comparison of Rotomag Enertec Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2026 | 101394128 | Others | ₹50 Cr | Open | |
| 12 Aug 2026 | 101368082 | Others | ₹12 Cr | Open | |
| 04 Aug 2026 | 101366635 | Axis Bank Limited | ₹41 Cr | Open | |
| 25 Aug 2025 | 101196164 | Others | ₹100 Cr | Open | |
| 05 Aug 2025 | 101148166 | Others | ₹70 Cr | Open |
To see the full charge records of Rotomag Enertec Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Rotomag Enertec Limited has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹33.37 Cr; the latest was in March 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: an individual |
| Sep 2015 | Funding round | ₹10,000 | Investors: BanyanTree Finance |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2011 | Funding round | ₹30 Lakh | Investors: 2 individuals |
| Mar 2010 | Funding round | ₹76.6 Lakh | Investors: 4 individuals |
To see the full deal history of Rotomag Enertec Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rotomag Enertec Limited has 9 court cases on record: 7 filed by Rotomag Enertec, 2 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 0 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Anand, Gujarat | Court case (TMSUIT) | Filed by the company against C.R.I Pumps Pvt Ltd | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Bright Solar Pvt Limited | Disposed |
| District court, Fatehabad, Haryana | Civil suit | Filed against the company by an individual | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Disposed |
To see the full case history of Rotomag Enertec 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.
Credit ratings & regulatory alerts
Rotomag Enertec Limited was last rated by Care on 25 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 Mar 2022 |
To see the full credit ratings and regulatory alerts of Rotomag Enertec Limited, buy the company report.
MSME payment delays
Rotomag Enertec Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 670 overdue payments to 35 micro and small suppliers. 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 (5 of 35)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kapil Corepacks Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Rotomag Enertec Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Rotomag Enertec has 15 GST registrations: 15 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACR9061K1Z7 | Gujarat | Active | 01 Jul 2017 |
| 06AAACR9061K1Z5 | Haryana | Active | 01 Jul 2017 |
| 08AAACR9061K1Z1 | Rajasthan | Active | 01 Jul 2017 |
| 09AAACR9061K1ZZ | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rotomag Enertec Limited, buy the company report.
Recent activity
Rotomag Enertec Limited has 15 board changes on record since 1993: 6 appointments and 9 cessations. The latest: Umesh Mohan Balani ceased to be Director on 07 Aug 2025.
38 earlier events are in the company report.
Frequently asked questions
Rotomag Enertec is an active public limited company based in Vithal Udyognagar, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 24 August 1993 (33+ years old) and is registered under CIN U34100GJ1993PLC020063.
Rotomag Enertec has 6 current directors:
- Umesh Mohan Balani - Managing Director
- Neelam Umesh Balani - Whole-Time Director
- Rakesh Kumar Bhutoria - Nominee Director
- Ranganath Nuggehalli Krishna - Director
- Anil Kumar Raina - Director
- Priyanka Gulati - Director
The latest financial statements of Rotomag Enertec on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Rotomag Enertec is 24AAACR9061K1Z7, registered in Gujarat. The company has 15 GST registrations in all, of which 15 are active. Other active GSTINs include 06AAACR9061K1Z5 (Haryana), 08AAACR9061K1Z1 (Rajasthan), 09AAACR9061K1ZZ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Rotomag Enertec is U34100GJ1993PLC020063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rotomag Enertec has 9 court cases on record: 7 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Rotomag Enertec was incorporated on 24 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rotomag Enertec has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹33.37 Cr; the latest was in March 2022.
The peers of Rotomag Enertec by revenue are Salzer Electronics Limited, Raychem-Rpg Private Limited, C&S Electric Limited, Atlanta Electricals Limited, Nordex India Manufacturing Private Limited and 2 more, 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).
Umesh Mohan Balani ceased to be Director on 07 Aug 2025. Rakesh Kumar Bhutoria was appointed as Nominee Director on 11 Apr 2025. Anil Kumar Raina ceased to be Additional Director on 23 Feb 2025. Rotomag Enertec has 15 board changes on record in total.
Rotomag Enertec has 4 MSME Form 1 returns on record between 2019 and 2020, listing 670 overdue payments to 35 micro and small suppliers. The latest return was filed on 17 Aug 2020.
Rotomag Enertec can be reached through the website rotomag.com. Its registered office is in Vithal Udyognagar, Gujarat, India.
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