MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-03-0004116
Safvolt Switchgears Private Limited - energy and power in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.22 Cr
▼ 50% YoY
Net profit · FY 2025
₹50.4 Lakh
Net margin 2.5%
EBITDA · FY 2025
₹1.58 Cr
EBITDA margin 7.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹98 Lakh
Issued & subscribed
Open charges
₹22.95 Cr
Satisfied ₹7.97 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
35
Provident fund records
About Safvolt Switchgears Private Limited
Data last updated:
Safvolt Switchgears Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 15 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U31900TZ2011PTC016759. Its GSTIN is 33AAHCM0555E1ZU (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹98 Lakh. It was formerly known as Max Electric India Private Limited and Max Switchgears Private Limited. It is led by directors Ananthi and Ganapathy Vijayakumar Srisanth.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 7/174 Vellanaipatty Post Kalapatty Via, Coimbatore, Tamil Nadu, India – 641048.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.22 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹50.4 Lakh (net margin 2.5%) and EBITDA of ₹1.58 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 7% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.95 Cr and satisfied charges of ₹7.97 Cr on record. Court records list 53 cases involving the company, including 13 filed by the company and 6 filed against it; 3 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹96.5 Lakh; the latest was in March 2021. Its 10 peer companies in the Power industry (Power Equipment Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Genesis Enterprises Private Limited with revenue of ₹20.32 Cr.
Safvolt Switchgears Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0004116). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website safvolt.com.
Company Details of Safvolt Switchgears Private Limited
CIN U31900TZ2011PTC016759
Registration Number 016759
Incorporation Date 15 February 2011
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-03-0004116
Name History of Safvolt Switchgears Private Limited
Safvolt Switchgears has undergone 3 name changes throughout its history. The company was previously known as Max Electric India Private Limited, Max Switchgears Private Limited, and Safvolts Switchgears Private Limited. The current legal name is Safvolt Switchgears Private Limited.
| Company Name | Status |
|---|---|
| Safvolt Switchgears Private Limited | Current |
| Max Electric India Private Limited | Previous |
| Max Switchgears Private Limited | Previous |
| Safvolts Switchgears Private Limited | Previous |
Recognitions & Rankings of Safvolt Switchgears
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address7/174 Vellanaipatty Post Kalapatty Via, Coimbatore, Tamil Nadu, India – 641048
- IndustryEnergy and Power, Power Equipment Manufacturers
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Business Activity of Safvolt Switchgears Private Limited
The main business activity of Safvolt 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Safvolt Switchgears Private Limited FY 2024 filings available
Safvolt Switchgears Private Limited reported revenue of ₹20.22 Cr (down 50% YoY) for FY 2025.
Revenue · FY 2025
₹20.22 Cr ▼ 50%
Net profit · FY 2025
₹50.4 Lakh margin 2.5%
EBITDA · FY 2025
₹1.58 Cr margin 7.8%
Compounded Annual Growth Rate (CAGR) of Safvolt Switchgears Private Limited
Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 24%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 1%
5 years · compounded
▲ 3%
Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 2% 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 Safvolt Switchgears 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 | ₹1.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50.4 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 Safvolt Switchgears Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 Safvolt Switchgears are in the company report.
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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 Safvolt Switchgears Private Limited
Safvolt Switchgears has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ananthi Also directs: Safvolt Energy Private Limited | Director | 06 Jan 2016 | 10 Years 9 Months | Current |
| Ganapathy Vijayakumar Srisanth Also directs: Safvolt Energy Private Limited | Additional Director | 03 Jan 2025 | 1 Years 9 Months | Current |
Peer Comparison of Safvolt Switchgears Private Limited
Safvolt Switchgears 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 |
|---|---|---|---|---|---|---|
| Genesis Enterprises Private Limited | ₹20.32 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Delhi, India |
| Formura Offshore Services Private Limited | ₹20.29 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Petlad, Gujarat, India |
| Sen and Pandit Voltage Control Private Limited | ₹20.27 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Pahal Renewable Energy LLP | ₹20.25 Cr (FY 2024) | •••• | •••• | 185.0% | •••• | Surat, Gujarat, India |
| Ecom Engineers Private Limited | ₹20.23 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Thane, Maharashtra, India |
| Safvolt Switchgears Private Limited this company | ₹20.22 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Coimbatore, Tamil Nadu, India |
| Nexion Automation Private Limited | ₹20.2 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Anand Transformers Private Limited | ₹20.19 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Uttar Pradesh, India |
| Lawson Lucy India Private Limited | ₹20.17 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Halol, Gujarat, India |
| Topline Ceramics Private Limited | ₹20.16 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Bikaner, Rajasthan, India |
| Sm.Be Electrical Engineering Private Limited | ₹20.15 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Safvolt 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 Safvolt Switchgears Private Limited
Safvolt Switchgears Private Limited is audited by S VELUSAMY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S VELUSAMY | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Safvolt Switchgears Private Limited
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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 Safvolt Switchgears Private Limited
Open charges
₹22.95 Cr
Satisfied charges
₹7.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Apr 2024 | Canara Bank | ₹10.56 Cr | Open |
| 28 Dec 2023 | Canara Bank | ₹5.25 Cr | Open |
| 24 Jul 2023 | City Union Bank Limited | ₹7.45 Lakh | Open |
| 06 Jan 2023 | Axis Bank Limited | ₹75 Lakh | Open |
| 30 Jul 2021 | Axis Bank Limited | ₹6.32 Cr | Open |
Total charge records: 8 View all charges
Deals & Funding of Safvolt Switchgears Private Limited
Safvolt Switchgears Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹96.5 Lakh; the latest was in March 2021.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹96.5 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Funding round | ₹96.5 Lakh | Investors: 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
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Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Safvolt Switchgears Private Limited
Safvolt Switchgears Private Limited has 53 court cases on record: 13 filed by Safvolt Switchgears, 6 filed against it, 34 where it is another party. 3 cases are pending and 50 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
53
Filed by the company
13
Filed against the company
6
Pending
3
Disposed
50
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 48 | 3 | 2 |
| District courts | 5 | 3 | 1 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Transfix (India) Private Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Transfix (India) Private Limited | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by Mex Switchgears Pvt Ltd | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
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Full case history
All 53 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
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- Decision dates and orders
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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 Safvolt Switchgears Private Limited
Safvolt Switchgears Private Limited has a workforce of 35 employees as of Apr 05, 2024.
Employee count
35
Active EPFO establishments
1
Employee growth
2.94%
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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
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Recent Activity on Safvolt Switchgears Private Limited
Safvolt Switchgears Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Ganapathy Vijayakumar Srisanth was appointed as Additional Director on 03 Jan 2025.
Charges
A charge with Canara Bank of Rs. 10.56 Cr registered on 16 Apr 2024 with Charge ID 100903675 was modified on 14 Aug 2025.
Charges
A charge registered on 20 Mar 2024 via Charge ID 100886317 with Sidbi was fully satisfied on 08 Apr 2025.
Appointed
Ganapathy Vijayakumar Srisanth was appointed as Additional Director.
AGM
Safvolt Switchgears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Canara Bank amounted to Rs. 10.56 Cr with Charge ID 100903675 was registered on 16 Apr 2024.
Filing
Safvolt Switchgears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Sidbi amounted to Rs. 0.56 Cr with Charge ID 100886317 was registered on 20 Mar 2024.
Charges
A charge with Canara Bank amounted to Rs. 5.25 Cr with Charge ID 100852567 was registered on 28 Dec 2023.
Charges
A charge with City Union Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100789253 was registered on 24 Jul 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.75 Cr with Charge ID 100667524 was registered on 06 Jan 2023.
Charges
A charge registered on 20 Dec 2013 via Charge ID 10476586 with City Union Bank Limited was fully satisfied on 22 Mar 2022.
Charges
A charge registered on 13 Mar 2013 via Charge ID 10421943 with City Union Bank Limited was fully satisfied on 22 Mar 2022.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Safvolt Switchgears Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by Safvolt Switchgears Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Safvolt Switchgears Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Safvolt Switchgears Private Limited
Safvolt Switchgears has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCM0555E1ZU | Tamil Nadu | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Safvolt Switchgears Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Safvolt Switchgears Private Limited
Safvolt Switchgears is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 15 February 2011 (15+ years old) and is registered under CIN U31900TZ2011PTC016759.
Safvolt Switchgears reported revenue of ₹20.22 Cr for FY 2025 (down 50% YoY).
Safvolt Switchgears has 2 current directors:
- Ananthi - Director
- Ganapathy Vijayakumar Srisanth - Additional Director
Safvolt Switchgears reported a net profit of ₹50.4 Lakh (net margin 2.5%) and EBITDA of ₹1.58 Cr (EBITDA margin 7.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Safvolt Switchgears is -24% over three years and 7% over five years. In the latest year (FY 2025) revenue fell 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Safvolt Switchgears is 33AAHCM0555E1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Safvolt Switchgears is U31900TZ2011PTC016759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safvolt Switchgears has 53 court cases on record: 13 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.
Safvolt Switchgears was incorporated on 15 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Coimbatore.
Safvolt Switchgears has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹96.5 Lakh; the latest was in March 2021.
The peers of Safvolt Switchgears by revenue are Genesis Enterprises Private Limited, Formura Offshore Services Private Limited, Sen and Pandit Voltage Control Private Limited, Pahal Renewable Energy LLP, Ecom Engineers Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).