- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-03-0007464

About SPS Transformers Private Limited
Data last updated:
SPS Transformers Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 10 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40100TN2014PTC095350. Its GSTIN is 33AAUCS3574L1ZN (Tamil Nadu).
The company has an authorised share capital of ₹9.9 Cr and a paid-up capital of ₹7.2 Cr. It is led by directors including Peruvamba Subramaniam Shekar (Managing Director) and Peruvemb Easwaraiyer Subramaniam.
Its last annual general meeting (AGM) was held on 11 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at New No.9 & Old No. 5 14H Avenue Harrington Road Chetpet Chennai 600031, Tamil Nadu, India – 600031.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.33 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹7.32 Cr (net margin 13.5%) and EBITDA of ₹10.94 Cr (EBITDA margin 20.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 22% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SPS Transformers. As per MCA filings, the company has open charges of ₹11 Cr on record. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in August 2016. Its 5 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, 2 larger and 3 smaller; the largest is Set On Site Electricals Pvt Ltd with revenue of ₹54.83 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 29 overdue payments to 23 micro and small suppliers.
SPS Transformers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0007464). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spstransformers.com.
Company details
Recognitions & Rankings of SPS Transformers
Contact details
SPS Transformers Private Limited's registered office is in Chennai, Tamil Nadu. Its website is spstransformers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNew No.9 & Old No. 5 14H Avenue Harrington Road Chetpet Chennai 600031, Tamil Nadu, India – 600031
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of SPS Transformers Private Limited, buy the company report.
- 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
Brands
SPS Transformers operates one associated brand: SPS Transformers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Transformer manufacturing and electrical services in the energy sector. | spstransformers.com |
Business activity
The main business activity of SPS Transformers 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 SPS Transformers Private Limited, buy the company report.
Financials of SPS Transformers Private Limited
FY 2025 filings availableSPS Transformers Private Limited reported revenue of ₹54.33 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 21% 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 |
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| EBITDA | ₹10.94 Cr | ||||
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| Net Profit (PAT) | ₹7.32 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.1% | ||||
| Net Profit Margin | 13.5% | ||||
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To see the full financial statements and ratios of SPS Transformers Private Limited, buy the company report.
Board of directors of SPS Transformers Private Limited
SPS Transformers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Peruvemb Easwaraiyer Subramaniam | Director | 10 Mar 2014 | 12 Years 7 Months | Current |
| Peruvamba Subramaniam Jagdish Also directs: Sivasakthi Engineering & Fabricators Private Limited, Vigneswara Electricals Private Limited, Peruvamba Engineering LLP and 1 more | Director | 10 Mar 2014 | 12 Years 7 Months | Current |
| Peruvamba Subramaniam Shekar | Managing Director | 10 Mar 2014 | 12 Years 7 Months | Current |
Peer comparison
SPS Transformers Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Set On Site Electricals Pvt Ltd | ₹54.83 Cr (FY 2025) | 62.0% | Aurangabad, Maharashtra, India | |||
| Vidhyut Control (India) Private Limited | ₹54.5 Cr (FY 2025) | -21.0% | Ghaziabad, Uttar Pradesh, India | |||
| SPS Transformers Private Limitedthis company | ₹54.33 Cr (FY 2025) | ₹7.32 Cr | 13.5% | -6.0% | 39 | Chennai, Tamil Nadu, India |
| Sai Darshan Electrical Private Limited | ₹54.17 Cr (FY 2025) | 49.0% | Ponneri, Tamil Nadu, India | |||
| Kaycee Industries Limited | ₹53.94 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Capital Transformers Private Limited | ₹53.67 Cr (FY 2019) | -6.0% | Delhi, India |
To see the full peer comparison of SPS Transformers Private Limited, buy the company report.
Auditor
SPS Transformers Private Limited is audited by G BALU ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G BALU ASSOCIATES LLP | FY 2023 | 000376S/S200073 |
Shareholding
The shareholding of SPS Transformers 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 SPS Transformers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2023 | 100817228 | Hdfc Bank Limited | ₹100 Lakh | Open | |
| 21 Sep 2017 | 100130996 | Axis Bank Limited | ₹10 Cr | Open |
To see the full charge records of SPS Transformers Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
SPS Transformers Private Limited has 1 deal on record (1 secondary share transfer); the latest was in August 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: Peruvamba Estates Private Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
SPS Transformers Private Limited has 11 court cases on record: 2 filed by SPS Transformers, 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 8 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S.Evr Electricals Pvt. Ltd., | Disposed |
| District court, Coimbatore, Tamil Nadu | Court case (ID) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S.Supreme Power Equipment and 6 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of SPS Transformers 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
SPS Transformers Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 29 overdue payments to 23 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 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Amod Stampings Pvt Ltd | |||
| On Load Gears | |||
| an individual supplier | |||
| an individual supplier | |||
| Lamtuf Limited |
To see the full MSME payment records of SPS Transformers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
SPS Transformers Private Limited has a workforce of 39 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
SPS Transformers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAUCS3574L1ZN | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SPS Transformers Private Limited, buy the company report.
Recent activity
SPS Transformers Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Peruvamba Subramaniam Shekar ceased to be Director on 25 Jun 2021.
Frequently asked questions
SPS Transformers is an active private limited company based in Chennai, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 10 March 2014 (12+ years old) and is registered under CIN U40100TN2014PTC095350.
SPS Transformers has 3 current directors:
- Peruvamba Subramaniam Shekar - Managing Director
- Peruvemb Easwaraiyer Subramaniam - Director
- Peruvamba Subramaniam Jagdish - Director
The latest financial statements of SPS Transformers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of SPS Transformers is 33AAUCS3574L1ZN, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of SPS Transformers is U40100TN2014PTC095350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SPS Transformers has 11 court cases on record: 2 filed by the company and 9 filed against it. Most are in the high courts.
SPS Transformers was incorporated on 10 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
SPS Transformers has 1 deal on record (1 secondary share transfer); the latest was in August 2016.
The peers of SPS Transformers by revenue are Set On Site Electricals Pvt Ltd, Vidhyut Control (India) Private Limited, Sai Darshan Electrical Private Limited, Kaycee Industries Limited, Capital Transformers Private Limited, 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).
Peruvamba Subramaniam Shekar ceased to be Director on 25 Jun 2021. Peruvamba Subramaniam Jagdish was appointed as Director on 10 Mar 2014. Peruvamba Subramaniam Shekar was appointed as Managing Director on 10 Mar 2014. SPS Transformers has 4 board changes on record in total.
Yes, SPS Transformers is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0007464).
SPS Transformers has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 29 overdue payments to 23 micro and small suppliers. The latest return was filed on 31 Oct 2019.