MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0051626
Savex Electricals (India) Private Limited - consumer electronics & durables in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.42 Cr
▼ 19% YoY
Net profit · FY 2025
₹4 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹21.5 Lakh
EBITDA margin 4.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹2.17 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
5
As per MCA filings
About Savex Electricals (India) Private Limited
Data last updated:
Savex Electricals (India) Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 17 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ2012PTC071987. Its GSTIN is 24AASCS1399D1Z2 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Asmitaben Jitendrabhai Patodiya and Sanjaykumar Sukhlal Patodiya.
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 18 Krishna Park, Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.42 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹4 Lakh (net margin 0.9%) and EBITDA of ₹21.5 Lakh (EBITDA margin 4.9%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹2.17 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Savex Electricals (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0051626). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website savexelectricals.co.in.
Company details
CIN U31909GJ2012PTC071987
Registration Number 071987
Incorporation Date 17 September 2012
ROC Ahmedabad
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-GJ-22-0051626
Key People
Asmitaben Jitendrabhai Patodiya Director Sanjaykumar Sukhlal Patodiya Director Chetnaben Vijaybhai Patodiya Director Recognitions & Rankings of Savex Electricals (India)
Contact details
Savex Electricals (India) Private Limited's registered office is in Surat, Gujarat. Its website is savexelectricals.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No. 73 Plot No. 18 Krishna Park Village: Saniyahemad Tal., Choryasi, Surat, Gujarat, India – 395008
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Savex Electricals (India) Private Limited, buy the company report.
Comprehensive company report
Savex Electricals (India) Private Limited - 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 Savex Electricals (India) 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 Savex Electricals (India) Private Limited, buy the company report.
Financials of Savex Electricals (India) Private Limited
FY 2025 filings availableSavex Electricals (India) Private Limited reported revenue of ₹4.42 Cr (down 19% YoY) for FY 2025.
Revenue · FY 2025
₹4.42 Cr ▼ 19%
Net profit · FY 2025
₹4 Lakh margin 0.9%
EBITDA · FY 2025
₹21.5 Lakh margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 5%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 2%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 19% fall in the latest year. EBITDA fell 6% 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 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 | ₹21.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Savex Electricals (India) Private Limited, buy the company report.
Board of directors of Savex Electricals (India) Private Limited
Savex Electricals (India) has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asmitaben Jitendrabhai Patodiya | Director | 27 Sep 2014 | 12 Years 0 Months | Current |
| Sanjaykumar Sukhlal Patodiya | Director | 17 Sep 2012 | 14 Years 1 Months | Current |
| Chetnaben Vijaybhai Patodiya | Director | 27 Sep 2014 | 12 Years 0 Months | Current |
| Vijay Sukhabhai Patoliya | Director | 17 Sep 2012 | 14 Years 1 Months | Current |
| Varshaben Pareshbhai Patoliya | Director | 27 Sep 2014 | 12 Years 0 Months | Current |
Peer comparison
Savex Electricals (India) Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 |
|---|---|---|---|---|---|---|
| Leliya Digital (OPC) Private Limited | ₹4.45 Cr (FY 2025) | -22.0% | New Delhi, Delhi, India | |||
| Ligman India Illumination Systems Private Limited | ₹4.45 Cr (FY 2025) | 21.0% | Greater Noida, Uttar Pradesh, India | |||
| Tech Max Engineers Private Limited (OPC) | ₹4.45 Cr (FY 2025) | 13.0% | Delhi, India | |||
| Savex Electricals (India) Private Limitedthis company | ₹4.42 Cr (FY 2025) | ₹4 Lakh | 0.9% | -19.0% | Surat, Gujarat, India | |
| Shivswati Enterprises Private Limited | ₹4.4 Cr (FY 2023) | -31.0% | New Delhi, Delhi, India | |||
| Greenwire Power Solutions Private Limited | ₹4.39 Cr (FY 2025) | 39.0% | Surat, Gujarat, India |
To see the full peer comparison of Savex Electricals (India) Private Limited, buy the company report.
Auditor
Savex Electricals (India) Private Limited is audited by H R M & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H R M & CO | FY 2023 | 132644W |
Shareholding
The shareholding of Savex Electricals (India) Private Limited 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 Savex Electricals (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.17 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2012 | 10385298 | Axis Bank Limited | ₹2.17 Cr | Open |
To see the full charge records of Savex Electricals (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Savex Electricals (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed against the company by Om Logistics Ltd | Disposed |
To see the full case history of Savex Electricals (India) Private 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.
MSME payment delays
Savex Electricals (India) Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 11 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Proline Sales Agency | |||
| Lumens Technologies Private Limited | |||
| an individual supplier | |||
| Excel Greentech Private Limited |
To see the full MSME payment records of Savex Electricals (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Savex Electricals (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCS1399D1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Savex Electricals (India) Private Limited, buy the company report.
Recent activity
Savex Electricals (India) Private Limited has 5 board changes on record since 2012: 5 appointments. The latest: Asmitaben Jitendrabhai Patodiya was appointed as Director on 27 Sep 2014.
AGM
Savex Electricals (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Savex Electricals (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 217.00 Lakh registered on 03 Nov 2012 with Charge ID 10385298 was modified on 21 Aug 2020.
Appointed
Asmitaben Jitendrabhai Patodiya was appointed as Director.
Appointed
Chetnaben Vijaybhai Patodiya was appointed as Director.
Appointed
Varshaben Pareshbhai Patoliya was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 217.00 Lakh with Charge ID 10385298 was registered on 03 Nov 2012.
Appointed
Sanjaykumar Sukhlal Patodiya was appointed as Director.
Appointed
Vijay Sukhabhai Patoliya was appointed as Director.
Incorporation
17 Sep 2012
Savex Electricals (India) Private Limited was registered on 17 Sep 2012 with Roc Ahmedabad & aged 14 years 1 month as per MCA records.
Frequently asked questions
Savex Electricals (India) is an active private limited company based in Surat, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 17 September 2012 (14+ years old) and is registered under CIN U31909GJ2012PTC071987.
Savex Electricals (India) has 5 current directors:
- Asmitaben Jitendrabhai Patodiya - Director
- Sanjaykumar Sukhlal Patodiya - Director
- Chetnaben Vijaybhai Patodiya - Director
- Vijay Sukhabhai Patoliya - Director
- Varshaben Pareshbhai Patoliya - Director
The latest financial statements of Savex Electricals (India) 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 Savex Electricals (India) is 24AASCS1399D1Z2, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Savex Electricals (India) is U31909GJ2012PTC071987. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savex Electricals (India) has 1 court case on record: 1 filed against it.
Savex Electricals (India) was incorporated on 17 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Savex Electricals (India) by revenue are Leliya Digital (OPC) Private Limited, Ligman India Illumination Systems Private Limited, Tech Max Engineers Private Limited (OPC), Shivswati Enterprises Private Limited, Greenwire Power Solutions Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Asmitaben Jitendrabhai Patodiya was appointed as Director on 27 Sep 2014. Chetnaben Vijaybhai Patodiya was appointed as Director on 27 Sep 2014. Varshaben Pareshbhai Patoliya was appointed as Director on 27 Sep 2014. Savex Electricals (India) has 5 board changes on record in total.
Yes, Savex Electricals (India) is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0051626).
Savex Electricals (India) has 2 MSME Form 1 returns on record between 2018 and 2019, listing 11 overdue payments to 5 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Savex Electricals (India) can be reached through the website savexelectricals.co.in. Its registered office is in Surat, Gujarat, India.