MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0012560
Shyaam Switchgears Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.07 Cr
▼ 3% YoY
Net profit · FY 2024
₹37.13 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹80.21 Lakh
EBITDA margin 5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹6 Lakh
Secured borrowings
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings
About Shyaam Switchgears Private Limited
Data last updated:
Shyaam Switchgears Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 26 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31200MH2004PTC144747. Its GSTIN is 26AAHCS9542H1Z0 (Dadra and Nagar Haveli and Daman and Diu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sunil Ramjilal Agarwal (Managing Director) and Nilesh Ramjilal Agarwal.
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 36 Sumtinath Industrial Estate Behind Inorbit Mall Link Road Malad West, Mumbai, Maharashtra, India – 400090.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.07 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹37.13 Lakh (net margin 2.3%) and EBITDA of ₹80.21 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.
The company is associated with 1 brand: Shyaam Switchgears. As per MCA filings, the company has open charges of ₹6 Lakh on record.
Shyaam Switchgears Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0012560). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shyaamswitchgears.com.
Company details
CIN U31200MH2004PTC144747
Registration Number 144747
Incorporation Date 26 February 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0012560
Key People
Sunil Ramjilal Agarwal Managing Director Nilesh Ramjilal Agarwal Director Shyam Sunil Agarwal Director Recognitions & Rankings of Shyaam Switchgears
Contact details
Shyaam Switchgears Private Limited's registered office is in Mumbai, Maharashtra. Its website is shyaamswitchgears.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address36 Sumtinath Industrial Estate Behind Inorbit Mall Link Road Malad West, Mumbai, Maharashtra, India – 400090
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Shyaam Switchgears Private Limited, buy the company report.
Comprehensive company report
Shyaam Switchgears 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
Shyaam Switchgears operates one associated brand: Shyaam Switchgears. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality switchgears for industrial applications. | shyaamswitchgears.com |
Business activity
The main business activity of Shyaam Switchgears is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Shyaam Switchgears Private Limited, buy the company report.
Financials of Shyaam Switchgears Private Limited
FY 2025 filings availableShyaam Switchgears Private Limited reported revenue of ₹16.07 Cr (down 3% YoY) for FY 2024.
Revenue · FY 2024
₹16.07 Cr ▼ 3%
Net profit · FY 2024
₹37.13 Lakh margin 2.3%
EBITDA · FY 2024
₹80.21 Lakh margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 9%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 3%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | ₹80.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹37.13 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Shyaam Switchgears Private Limited, buy the company report.
Board of directors of Shyaam Switchgears Private Limited
Shyaam Switchgears has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Ramjilal Agarwal Also directs: Monal Capital Private Limited | Managing Director | 26 Feb 2004 | 22 Years 8 Months | Current |
| Nilesh Ramjilal Agarwal Also directs: Indian Flameproff Manufacturers Association | Director | 26 Feb 2004 | 22 Years 8 Months | Current |
| Shyam Sunil Agarwal | Director | 01 Apr 2015 | 11 Years 7 Months | Current |
Auditor
Shyaam Switchgears Private Limited is audited by B T BHOMAWAT & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B T BHOMAWAT & CO | FY 2021 | 101428W |
Shareholding
The shareholding of Shyaam Switchgears Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Shyaam Switchgears Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Oct 2023 | 100862178 | Hdfc Bank Limited | ₹6 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Shyaam Switchgears Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shyaam Switchgears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shyaam Switchgears has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAHCS9542H1Z0 | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shyaam Switchgears Private Limited, buy the company report.
Recent activity
Shyaam Switchgears Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Shyam Sunil Agarwal was appointed as Director on 01 Apr 2015.
AGM
Shyaam Switchgears Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shyaam Switchgears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.00 Lakh with Charge ID 100862178 was registered on 20 Oct 2023.
Appointed
Shyam Sunil Agarwal was appointed as Director.
Appointed
Nilesh Ramjilal Agarwal was appointed as Director.
Appointed
Sunil Ramjilal Agarwal was appointed as Managing Director.
Incorporation
26 Feb 2004
Shyaam Switchgears Private Limited was registered on 26 Feb 2004 with Roc Mumbai & aged 22 years 8 months as per MCA records.
Frequently asked questions
Shyaam Switchgears is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 26 February 2004 (22+ years old) and is registered under CIN U31200MH2004PTC144747.
Shyaam Switchgears has 3 current directors:
- Sunil Ramjilal Agarwal - Managing Director
- Nilesh Ramjilal Agarwal - Director
- Shyam Sunil Agarwal - Director
The latest financial statements of Shyaam Switchgears 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 Shyaam Switchgears is 26AAHCS9542H1Z0, registered in Dadra and Nagar Haveli and Daman and Diu. 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 Shyaam Switchgears is U31200MH2004PTC144747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shyaam Switchgears was incorporated on 26 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Shyam Sunil Agarwal was appointed as Director on 01 Apr 2015. Nilesh Ramjilal Agarwal was appointed as Director on 26 Feb 2004. Sunil Ramjilal Agarwal was appointed as Managing Director on 26 Feb 2004.
Yes, Shyaam Switchgears is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0012560).
Shyaam Switchgears can be reached through the website shyaamswitchgears.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Shyaam Switchgears is at 36 Sumtinath Industrial Estate Behind Inorbit Mall Link Road Malad West, Mumbai, Maharashtra, India – 400090.
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