India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#320- Valuation
- ₹17,640 Cr
Revenue · FY 2025
₹3,160.75 Cr
▼ 13% YoY
Net profit · FY 2025
₹287.53 Cr
Net margin 9.1%
EBITDA · FY 2025
₹646.69 Cr
EBITDA margin 20.5%
Authorised capital
₹35.5 Cr
Registered with MCA
Paid-up capital
₹35.37 Cr
Issued & subscribed
Open charges
₹5,966.51 Cr
Satisfied ₹1,575.01 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
1,056
Provident fund records
About Shirdi Sai Electricals Limited
Data last updated:
Shirdi Sai Electricals Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 30 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U31401TG2010PLC069777. Its GSTIN is 36AAOCS9992C1ZO (Telangana). The company holds 11 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹35.5 Cr and a paid-up capital of ₹35.37 Cr. It was formerly known as Shirdi Sai Electrical Limited and Shirdi Sai Electrical Limited. It is led by directors including Visweswara Reddy Narreddy (Managing Director) and Narreddy Vamsi Reddy (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,160.75 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹287.53 Cr (net margin 9.1%) and EBITDA of ₹646.69 Cr (EBITDA margin 20.5%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years.
The company has about 1,056 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: SSE. As per MCA filings, the company has open charges of ₹5,966.51 Cr and satisfied charges of ₹1,575.01 Cr on record. Court records list 18 cases involving the company, including 10 filed by the company and 8 filed against it; 4 cases are pending. The company has 12 deals on record (4 funding rounds, 4 rights issues, 3 secondary share transfers), with disclosed funding of ₹175.76 Cr; the latest was in November 2025. Its 8 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, 4 larger and 4 smaller; the largest is Sudhir Power Limited with revenue of ₹4,216.67 Cr. The company has 11 MSME Form 1 returns on record between 2018 and 2024, listing 554 overdue payments to 130 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 ssel.in.
Company details
CIN U31401TG2010PLC069777
Registration Number 069777
Incorporation Date 30 July 2010
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Name history
Shirdi Sai Electricals has undergone 3 name changes throughout its history. The company was previously known as Shirdi Sai Electrical Limited, Shirdi Sai Electrical Limited., and Shirdi Sai Electricals Private Limited. The current legal name is Shirdi Sai Electricals Limited.
| Company Name | Status |
|---|---|
| Shirdi Sai Electricals Limited | Current |
| Shirdi Sai Electrical Limited | Previous |
| Shirdi Sai Electrical Limited. | Previous |
| Shirdi Sai Electricals Private Limited | Previous |
CIN history
Shirdi Sai Electricals has one previous CIN (Corporate Identification Number): U31401AP2010PLC069777. The current CIN is U31401TG2010PLC069777, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31401TG2010PLC069777 | Current |
| U31401AP2010PLC069777 | Previous |
Key People
Visweswara Reddy Narreddy Managing Director Narreddy Vamsi Reddy Whole-Time Director Sharat Chandra Kolla Director Recognitions & Rankings of Shirdi Sai Electricals
Contact details
Shirdi Sai Electricals Limited's registered office is in Hyderabad, Telangana. Its website is ssel.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG Pulla Reddy Sweets Building 3rd Floor # 6 – 3 – 8 – 879/B Greenland Road, Begumpet, Hyderabad, Telangana, India – 500016
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Shirdi Sai Electricals Limited, buy the company report.
Comprehensive company report
Shirdi Sai Electricals 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 Shirdi Sai Electricals 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 Shirdi Sai Electricals Limited, buy the company report.
Financials of Shirdi Sai Electricals Limited
FY 2025 filings availableShirdi Sai Electricals Limited reported revenue of ₹3,160.75 Cr (down 13% YoY) for FY 2025.
Revenue · FY 2025
₹3,160.75 Cr ▼ 13%
Net profit · FY 2025
₹287.53 Cr margin 9.1%
EBITDA · FY 2025
₹646.69 Cr margin 20.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 34%
Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA fell 37% 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 | ₹3,160.75 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹646.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹287.53 Cr | ||||
| 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 | 20.5% | ||||
| Net Profit Margin | 9.1% | ||||
| 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 Shirdi Sai Electricals Limited, buy the company report.
Board of directors of Shirdi Sai Electricals Limited
Shirdi Sai Electricals has 6 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Visweswara Reddy Narreddy Also directs: Wish Renewables Private Limited, Indosol Solar Private Limited, Indo-Tech Transformers Limited and 4 more | Managing Director | 30 Jul 2010 | 16 Years 2 Months | Current |
| Sharat Chandra Kolla | Director | 30 Jul 2021 | 5 Years 2 Months | Current |
| Narreddy Vamsi Reddy | Whole-Time Director | 03 Jan 2022 | 4 Years 9 Months | Current |
| Kanakadhara Srinivasan | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
| Vikram Ravindra Mamidipudi Also directs: Ahlada Engineers Limited, Sai Silks (Kalamandir) Limited, Asm Technologies Limited and 5 more | Director | 29 Jun 2023 | 3 Years 3 Months | Current |
| Aditya Nath Das Also directs: Aas Legal LLP, Sikkim Urja Limited, A.P Rayalaseema Drought Mitigation Projects Development Corporation Limited and 1 more | Additional Director | 11 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Shirdi Sai Electricals Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Sudhir Power Limited | ₹4,216.67 Cr (FY 2025) | 20.0% | New Delhi, Delhi, India | |||
| Vestas Wind Technology India Private Limited | ₹4,143.24 Cr (FY 2025) | 9.0% | Chennai, Tamil Nadu, India | |||
| ZF Wind Power Coimbatore Private Limited | ₹3,894.64 Cr (FY 2025) | 3.0% | Karumathampatty And Kittampalayam, Tamil Nadu, India | |||
| Vikram Solar Limited | ₹3,459.53 Cr (FY 2025) | 37.0% | Kolkata, West Bengal, India | |||
| Adani New Industries Limited | ₹3,316.41 Cr (FY 2025) | 291.0% | Ahmedabad, Gujarat, India | |||
| Ge Power Conversion India Private Limited | ₹3,250.59 Cr (FY 2025) | 53.0% | Chennai, Tamil Nadu, India | |||
| Shirdi Sai Electricals Limitedthis company | ₹3,160.75 Cr (FY 2025) | ₹287.53 Cr | 9.1% | -13.0% | 1,056 | Hyderabad, Telangana, India |
| Nordex India Private Limited | ₹3,004.56 Cr (FY 2024) | 1.0% | Chennai, Tamil Nadu, India | |||
| Dhoot Transmission Limited | ₹2,956.43 Cr (FY 2025) | 11.0% | Chakan, Maharashtra, India |
To see the full peer comparison of Shirdi Sai Electricals Limited, buy the company report.
Auditor
Shirdi Sai Electricals Limited is audited by M Bhaskara Rao and Co for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M Bhaskara Rao and Co | FY 2025 | 000459S |
Shareholding
The shareholding of Shirdi Sai Electricals 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 Shirdi Sai Electricals Limited, buy the company report.
Charges & borrowings
Open charges
₹5,966.51 Cr
Satisfied charges
₹1,575.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2025 | 101188412 | Canara Bank | ₹2.85 Cr | Open | |
| 30 Oct 2025 | 101219025 | Others | ₹750 Cr | Open | |
| 30 Sep 2025 | 101163613 | Canara Bank | ₹3.88 Cr | Open | |
| 30 Jun 2025 | 101124585 | Canara Bank | ₹2.23 Cr | Open | |
| 16 May 2025 | 101139465 | Hdfc Bank Limited | ₹1.46 Cr | Open |
To see the full charge records of Shirdi Sai Electricals Limited, buy the company report.
Total charge records: 50 View all charges
Deals & funding
Shirdi Sai Electricals Limited has 12 deals on record (4 funding rounds, 4 rights issues, 3 secondary share transfers), with disclosed funding of ₹175.76 Cr; the latest was in November 2025.
Total deals
12
Funding rounds
4
Rights issues
4
Secondary share transfers
3
Convertible or debt financing
1
Disclosed funding
₹175.76 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Funding round | ₹4 Cr | Investors: an individual |
| Aug 2020 | Rights issue | ₹25.01 Cr | Investors: 2 individuals |
| Aug 2020 | Funding round | ₹15.5 Cr | Investors: Unique Green Energy Technologies Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Unique Green Energy Technologies Private Limited |
| Mar 2014 | Rights issue | ₹12.71 Cr | Investors: Unique Green Energy Technologies Private Limited , 3 individuals |
To see the full deal history of Shirdi Sai Electricals 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
Shirdi Sai Electricals Limited has 18 court cases on record: 10 filed by Shirdi Sai Electricals, 8 filed against it. 4 cases are pending and 14 are disposed.
Total cases
18
Filed by the company
10
Filed against the company
8
Pending
4
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 5 | 2 |
| District courts | 3 | 3 | 2 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by NTPC Limited | Pending |
| High Court, ANDHRAPRADESH | Appeal | Filed by the company against Tata Power Renewable Energy Limited Corporate Centre, and 8 others | Disposed |
| Patna High Court | Court case (CWJC) | Filed by the company against South Bihar Power Distribution Company Limited, and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Ms. Columbia Petro Chem Pvt. Ltd | Disposed |
| District court, Kadapa, Andhra Pradesh | Court case (MVOP) | Filed against the company by an individual | Pending |
To see the full case history of Shirdi Sai Electricals 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
Shirdi Sai Electricals Limited was last rated by Icra on 03 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 03 Jun 2022 |
To see the full credit ratings and regulatory alerts of Shirdi Sai Electricals Limited, buy the company report.
MSME payment delays
Shirdi Sai Electricals Limited has 11 MSME Form 1 returns on record between 2018 and 2024, listing 554 overdue payments to 130 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 130)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gururaj Radiators Private Limited | |||
| Agya Enterprises | |||
| an individual supplier | |||
| SRS Cargo Logistics (India) Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Shirdi Sai Electricals Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shirdi Sai Electricals has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
3
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Indo-Tech Transformers Limited | L29113TN1992PLC022011 | |
| Indosol Solar Private Limited | U31900TG2022PTC159366 | |
| Wish Renewables Private Limited | U74110AP2020PTC114685 |
To see the full group structure of Shirdi Sai Electricals Limited, buy the company report.
Employees & EPFO
Shirdi Sai Electricals Limited has a workforce of 1,056 employees on its EPFO records as of Feb 04, 2026, across 3 active EPFO establishments.
Employee count
1,056
Active EPFO establishments
3
Employee growth
1.93%
GST
Shirdi Sai Electricals has 11 GST registrations: 8 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
8
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAOCS9992C1ZO | Telangana | Active | 01 Jul 2017 |
| 36AAOCS9992C2ZN | Telangana | Active | 07 Dec 2017 |
| 10AAOCS9992C1Z2 | Bihar | Active | 01 Jul 2017 |
| 21AAOCS9992C1ZZ | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shirdi Sai Electricals Limited, buy the company report.
Recent activity
Shirdi Sai Electricals Limited has 20 board changes on record since 2010: 8 appointments and 12 cessations. The latest: Aditya Nath Das was appointed as Additional Director on 11 Aug 2025.
Charges
A charge with Others of Rs. 50.00 Cr registered on 02 Jan 2025 with Charge ID 101092400 was modified on 28 Jan 2026.
Charges
A charge registered on 29 Jan 2022 via Charge ID 100551476 with Axis Bank Limited was fully satisfied on 09 Jan 2026.
AGM
Shirdi Sai Electricals Limited last Annual general meeting of members was held on 31 Dec 2025 as per latest MCA records.
Charges
A charge registered on 13 May 2022 via Charge ID 100577113 with Sbicap Trustee Company Limited was fully satisfied on 24 Nov 2025.
Charges
A charge registered on 18 Dec 2024 via Charge ID 101045970 with Others was fully satisfied on 21 Nov 2025.
Charges
A charge registered on 26 Nov 2024 via Charge ID 101045308 with Others was fully satisfied on 21 Nov 2025.
Charges
A charge registered on 26 Nov 2024 via Charge ID 101045315 with Others was fully satisfied on 20 Nov 2025.
Charges
A charge with Canara Bank amounted to Rs. 2.85 Cr with Charge ID 101188412 was registered on 19 Nov 2025.
Charges
A charge registered on 30 Sep 2022 via Charge ID 100620655 with Others was fully satisfied on 03 Nov 2025.
Charges
A charge registered on 13 May 2022 via Charge ID 100578805 with State Bank Of India was fully satisfied on 01 Nov 2025.
Charges
A charge with Others amounted to Rs. 750.00 Cr with Charge ID 101219025 was registered on 30 Oct 2025.
Charges
A charge with Canara Bank amounted to Rs. 3.88 Cr with Charge ID 101163613 was registered on 30 Sep 2025.
97 earlier events are in the company report.
News
Frequently asked questions
Shirdi Sai Electricals is an active public limited company based in Hyderabad, Telangana, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 30 July 2010 (16+ years old) and is registered under CIN U31401TG2010PLC069777.
Shirdi Sai Electricals has 6 current directors:
- Visweswara Reddy Narreddy - Managing Director
- Narreddy Vamsi Reddy - Whole-Time Director
- Sharat Chandra Kolla - Director
- Kanakadhara Srinivasan - Director
- Vikram Ravindra Mamidipudi - Director
- Aditya Nath Das - Additional Director
The latest financial statements of Shirdi Sai Electricals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shirdi Sai Electricals is 36AAOCS9992C1ZO, registered in Telangana. The company has 11 GST registrations in all, of which 8 are active and 3 are cancelled or inactive. Other active GSTINs include 36AAOCS9992C2ZN (Telangana), 10AAOCS9992C1Z2 (Bihar), 21AAOCS9992C1ZZ (Odisha).
The CIN (Corporate Identification Number) of Shirdi Sai Electricals is U31401TG2010PLC069777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shirdi Sai Electricals has 18 court cases on record: 10 filed by the company and 8 filed against it. 4 are pending. Most are in the high courts.
Shirdi Sai Electricals was incorporated on 30 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
Shirdi Sai Electricals has 12 deals on record (4 funding rounds, 4 rights issues, 3 secondary share transfers), with disclosed funding of ₹175.76 Cr; the latest was in November 2025.
The peers of Shirdi Sai Electricals by revenue are Sudhir Power Limited, Vestas Wind Technology India Private Limited, ZF Wind Power Coimbatore Private Limited, Vikram Solar Limited, Adani New Industries Limited and 3 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).
Aditya Nath Das was appointed as Additional Director on 11 Aug 2025. Vikram Ravindra Mamidipudi was appointed as Director on 29 Jun 2023. Murali Mohan Lomada Reddy was appointed as Director on 09 Jan 2023. Shirdi Sai Electricals has 20 board changes on record in total.
Shirdi Sai Electricals has 11 MSME Form 1 returns on record between 2018 and 2024, listing 554 overdue payments to 130 micro and small suppliers. The latest return was filed on 01 May 2024.
Shirdi Sai Electricals can be reached through the website ssel.in. Its registered office is in Hyderabad, Telangana, India.