MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-02-0010581
Shri Vaari Electricals Private Limited - energy and power in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹123 Cr
▼ 4% YoY
Net profit · FY 2025
₹5.22 Cr
Net margin 4.2%
EBITDA · FY 2025
₹11.72 Cr
EBITDA margin 9.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹101.21 Cr
Satisfied ₹47.69 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
238
Provident fund records
About Shri Vaari Electricals Private Limited
Data last updated:
Shri Vaari Electricals Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 13 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31200TN2005PTC055967. Its GSTIN is 33AAJCS5545E1ZE (Tamil Nadu). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Venkatachalam Rengarajan (Managing Director) and Jayanthi.
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 C.37 Thiruvika Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2025, the company reported a revenue of ₹123 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹5.22 Cr (net margin 4.2%) and EBITDA of ₹11.72 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.
The company has about 238 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shri Vaari. As per MCA filings, the company has open charges of ₹101.21 Cr and satisfied charges of ₹47.69 Cr on record. Court records list 29 cases involving the company, including 18 filed by the company and 11 filed against it; 15 cases are pending.
Shri Vaari Electricals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0010581). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shrivaarielectricals.com.
Company details
CIN U31200TN2005PTC055967
Registration Number 055967
Incorporation Date 13 April 2005
ROC Chennai
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 Medium
Udyam Registration UDYAM-TN-02-0010581
Key People
Venkatachalam Rengarajan Managing Director Jayanthi Director Nataraja Pillai Sivagaminathan Director Recognitions & Rankings of Shri Vaari Electricals
Contact details
Shri Vaari Electricals Private Limited's registered office is in Chennai, Tamil Nadu. Its website is shrivaarielectricals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC.37 Thiruvika Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryEnergy and Power, BoP & BTG Services, Power EPC, Power Equipment Manufacturers
To see the full contact details of Shri Vaari Electricals Private Limited, buy the company report.
Comprehensive company report
Shri Vaari Electricals 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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Brands
Shri Vaari Electricals operates one associated brand: Shri Vaari. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electrical engineering and panel manufacturing services in India. | shrivaarielectricals.com |
Business activity
The main business activity of Shri Vaari Electricals is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Shri Vaari Electricals Private Limited, buy the company report.
Financials of Shri Vaari Electricals Private Limited
FY 2024 filings availableShri Vaari Electricals Private Limited reported revenue of ₹123 Cr (down 4% YoY) for FY 2025.
Revenue · FY 2025
₹123 Cr ▼ 4%
Net profit · FY 2025
₹5.22 Cr margin 4.2%
EBITDA · FY 2025
₹11.72 Cr margin 9.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 10%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 16%
5 years · compounded
▲ 6%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 7% 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 | ₹11.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.22 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 | 9.5% | ||||
| Net Profit Margin | 4.2% | ||||
| 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 Shri Vaari Electricals Private Limited, buy the company report.
Board of directors of Shri Vaari Electricals Private Limited
Shri Vaari Electricals has 5 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 |
|---|---|---|---|---|
| Venkatachalam Rengarajan | Managing Director | 13 Apr 2005 | 21 Years 6 Months | Current |
| Jayanthi | Director | 11 Jun 2007 | 19 Years 5 Months | Current |
| Nataraja Pillai Sivagaminathan | Director | 11 Jun 2007 | 19 Years 5 Months | Current |
| Kousalya Rengarajan | Director | 13 Apr 2005 | 21 Years 6 Months | Current |
| Radha Krishnan Rakesh Kumar | Director | 24 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Shri Vaari Electricals Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A K Das Associates Limited | ₹123.92 Cr (FY 2025) | 17.0% | Bhubaneswar, Odisha, India | |||
| Arg Electricals Private Limited | ₹123.58 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Shri Vaari Electricals Private Limitedthis company | ₹123 Cr (FY 2025) | ₹5.22 Cr | 4.2% | -4.0% | 238 | Chennai, Tamil Nadu, India |
| H.M. Electro Mech Limited | ₹122.05 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Shri Vaari Electricals Private Limited, buy the company report.
Auditor
Shri Vaari Electricals Private Limited is audited by JARULSELVAM for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JARULSELVAM | FY 2023 | 029022 |
Shareholding
The shareholding of Shri Vaari Electricals 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 Shri Vaari Electricals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹101.21 Cr
Satisfied charges
₹47.69 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2025 | 101127481 | Sidbi | ₹72 Lakh | Open | |
| 31 May 2025 | 101127028 | Hdfc Bank Limited | ₹6.82 Cr | Open | |
| 30 Aug 2024 | 100979168 | Others | ₹30 Cr | Open | |
| 11 Nov 2020 | 100411406 | Axis Bank Limited | ₹60.17 Cr | Open | |
| 22 Jul 2020 | 100428326 | Others | ₹1.5 Cr | Open |
To see the full charge records of Shri Vaari Electricals Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Shri Vaari Electricals Private Limited has 29 court cases on record: 18 filed by Shri Vaari Electricals, 11 filed against it. 15 cases are pending and 14 are disposed.
Total cases
29
Filed by the company
18
Filed against the company
11
Pending
15
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 2 | 11 |
| District courts | 12 | 9 | 4 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Arbitration matter | Filed against the company by Oil and Natural Gas Corporation Ltd | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company by Oil and Natural Gas Corporation Ltd | Pending |
| High Court, KARNATAKA | Appeal | Filed by the company against Tecsol Engineers Private Limited | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Tecsol Engineers Private Limited | Pending |
| Bombay High Court | Court case (ARP) | Filed by the company against Clean Max Enviro Energy Solutions Private Limited A Company | Disposed |
To see the full case history of Shri Vaari Electricals 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.
Credit ratings & regulatory alerts
Shri Vaari Electricals Private Limited was last rated by Care on 10 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 10 Jun 2022 |
To see the full credit ratings and regulatory alerts of Shri Vaari Electricals Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shri Vaari Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shri Vaari Electricals Private Limited has a workforce of 238 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
238
Active EPFO establishments
2
Employee growth
28%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 238 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Shri Vaari Electricals Private Limited, buy the company report.
GST
Shri Vaari Electricals has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
5
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCS5545E1ZE | Tamil Nadu | Active | 01 Jul 2017 |
| 29AAJCS5545E1Z3 | Karnataka | Active | 01 Jul 2017 |
| 32AAJCS5545E1ZG | Kerala | Active | 01 Jul 2017 |
| 34AAJCS5545E1ZC | Puducherry | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shri Vaari Electricals Private Limited, buy the company report.
Recent activity
Shri Vaari Electricals Private Limited has 7 board changes on record since 2005: 5 appointments and 2 cessations. The latest: Radha Krishnan Rakesh Kumar ceased to be Additional Director on 29 Sep 2023.
Charges
A charge with Sidbi amounted to Rs. 72.00 Lakh with Charge ID 101127481 was registered on 17 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 682.00 Lakh with Charge ID 101127028 was registered on 31 May 2025.
Charges
A charge registered on 07 Jul 2020 via Charge ID 100367242 with Indian Bank was fully satisfied on 18 Mar 2025.
Charges
A charge registered on 27 Mar 2018 via Charge ID 100169617 with Indian Bank was fully satisfied on 18 Mar 2025.
Charges
A charge registered on 23 Feb 2016 via Charge ID 10623852 with Indian Bank was fully satisfied on 18 Mar 2025.
Charges
A charge registered on 11 Aug 2006 via Charge ID 10018998 with Indian Bank was fully satisfied on 18 Mar 2025.
Charges
A charge with Others of Rs. 3,000.00 Lakh registered on 30 Aug 2024 with Charge ID 100979168 was modified on 20 Feb 2025.
AGM
Shri Vaari Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 3,000.00 Lakh with Charge ID 100979168 was registered on 30 Aug 2024.
Filing
Shri Vaari Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Radha Krishnan Rakesh Kumar ceased to be Additional Director.
Appointed
Radha Krishnan Rakesh Kumar was appointed as Director.
15 earlier events are in the company report.
Frequently asked questions
Shri Vaari Electricals is an active private limited company based in Chennai, Tamil Nadu, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 13 April 2005 (21+ years old) and is registered under CIN U31200TN2005PTC055967.
Shri Vaari Electricals has 5 current directors:
- Venkatachalam Rengarajan - Managing Director
- Jayanthi - Director
- Nataraja Pillai Sivagaminathan - Director
- Kousalya Rengarajan - Director
- Radha Krishnan Rakesh Kumar - Director
The latest financial statements of Shri Vaari Electricals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shri Vaari Electricals is 33AAJCS5545E1ZE, registered in Tamil Nadu. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAJCS5545E1Z3 (Karnataka), 32AAJCS5545E1ZG (Kerala), 34AAJCS5545E1ZC (Puducherry).
The CIN (Corporate Identification Number) of Shri Vaari Electricals is U31200TN2005PTC055967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Vaari Electricals has 29 court cases on record: 18 filed by the company and 11 filed against it. 15 are pending. Most are in the high courts.
Shri Vaari Electricals was incorporated on 13 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Shri Vaari Electricals by revenue are A K Das Associates Limited, Arg Electricals Private Limited, H.M. Electro Mech Limited, all in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities).
Radha Krishnan Rakesh Kumar ceased to be Additional Director on 29 Sep 2023. Radha Krishnan Rakesh Kumar was appointed as Director on 24 Jul 2023. Venkatachalam Rengarajan ceased to be Director on 01 Apr 2014. Shri Vaari Electricals has 7 board changes on record in total.
Yes, Shri Vaari Electricals is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0010581).
Shri Vaari Electricals can be reached through the website shrivaarielectricals.com. Its registered office is in Chennai, Tamil Nadu, India.
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