About Swapnil Electricals Private Limited
Data last updated:
Swapnil Electricals Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 23 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31401MH2009PTC190520. Its GSTIN is 27AAACY5370N1ZS (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sunanda Suresh Borade and Nakul Suresh Borade.
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 M – 71 M.I.D.C. Ambad, Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.94 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.02 Lakh (net margin 0.3%) and EBITDA of ₹32.38 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 101% over three years and 60% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Swapnil Electricals. As per MCA filings, the company has open charges of ₹3.43 Cr and satisfied charges of ₹35 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swapnilelectricals.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressM – 71 M.I.D.C. Ambad, Nashik, Maharashtra, India – 422010
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Swapnil Electricals Private Limited
The main business activity of Swapnil Electricals is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Swapnil Electricals Private Limited FY 2025 filings available
Swapnil Electricals Private Limited reported revenue of ₹50.94 Cr (up 158% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Swapnil Electricals Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 60% over five years, including 158% growth in the latest year. EBITDA fell 22% 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 of Swapnil Electricals Private Limited
| 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 | ₹32.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.02 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 of Swapnil Electricals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Swapnil Electricals are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Swapnil Electricals Private Limited
Swapnil Electricals Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vineetpower Transformer and Switchgear Private Limited | ₹51.75 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Jaipur, Rajasthan, India |
| D P K Engineers Private Limited | ₹51.57 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Bangalore, Karnataka, India |
| Sunlink Photovoltaic Private Limited | ₹51.28 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Pune, Maharashtra, India |
| R S I Switchgear Pvt Ltd | ₹51.2 Cr (FY 2024) | •••• | •••• | 56.0% | •••• | Kolkata, West Bengal, India |
| Electrovast Solutions Private Limited | ₹51.11 Cr (FY 2024) | •••• | •••• | 222.0% | •••• | Chennai, Tamil Nadu, India |
| Swapnil Electricals Private Limited this company | ₹50.94 Cr (FY 2025) | •••• | •••• | 158.0% | •••• | Nashik, Maharashtra, India |
| Melcon Controls Private Limited | ₹50.89 Cr (FY 2024) | •••• | •••• | 86.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| W R Talwalker Brothers Private Limited | ₹50.81 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Progressive Meters Private Limited | ₹50.81 Cr (FY 2019) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Alfa Transformers Limited Listed | ₹50.78 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Bhubaneswar, Odisha, India |
| Indo-Tech Magnetics Private Limited | ₹50.69 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Swapnil Electricals by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Swapnil Electricals Private Limited
Swapnil Electricals Private Limited is audited by Agrawal Malvade Patil & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Agrawal Malvade Patil & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Swapnil Electricals Private Limited
Swapnil Electricals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunanda Suresh Borade | Director | 15 Apr 2019 | 7 Years 5 Months | Current |
| Nakul Suresh Borade | Director | 23 Feb 2009 | 17 Years 7 Months | Current |
Ownership and Shareholding of Swapnil Electricals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Swapnil Electricals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Apr 2025 | Sidbi | ₹46.1 Lakh | Open |
| 17 Oct 2024 | Others | ₹1.4 Cr | Open |
| 05 May 2022 | Others | ₹7 Lakh | Open |
| 20 Jun 2020 | Others | ₹1.5 Cr | Open |
| 11 Mar 2011 | Axis Bank Limited | ₹35 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Swapnil Electricals Private Limited
Swapnil Electricals Private Limited has 2 court cases on record: 1 filed by Swapnil Electricals, 1 filed against it. All cases are pending. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (MCA) | Filed against the company by Sarja Electricals and Engineering Sevices Pvt. Ltd | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Swapnil Electricals Private Limited
Swapnil Electricals operates one associated brand: Swapnil Electricals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar power solutions, including structures and panels, for renewable energy needs in Maharashtra. | swapnilelectricals.com |
Employees and EPFO Compliance at Swapnil Electricals Private Limited
Swapnil Electricals Private Limited has a workforce of 6 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Swapnil Electricals Private Limited
Swapnil Electricals Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Suresh Gangaram Borade ceased to be Managing Director on 20 Apr 2019.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Swapnil Electricals Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Swapnil Electricals Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Swapnil Electricals Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Swapnil Electricals Private Limited
Swapnil Electricals has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACY5370N1ZS | Maharashtra | Active | 01 Jul 2017 |
| 27AAMCS8569H1ZK | Maharashtra | Active | 01 Jul 2017 |
| 09AAACY5370N1ZQ | Uttar Pradesh | Active | 22 Jan 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Swapnil Electricals Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Swapnil Electricals Private Limited
Swapnil Electricals is an active private limited company based in Nashik, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 23 February 2009 (17+ years old) and is registered under CIN U31401MH2009PTC190520.
Swapnil Electricals reported revenue of ₹50.94 Cr for FY 2025 (up 158% YoY).
Swapnil Electricals has 2 current directors:
- Sunanda Suresh Borade - Director
- Nakul Suresh Borade - Director
Swapnil Electricals reported a net profit of ₹16.02 Lakh (net margin 0.3%) and EBITDA of ₹32.38 Lakh (EBITDA margin 0.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Swapnil Electricals is 101% over three years and 60% over five years. In the latest year (FY 2025) revenue rose 158%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Swapnil Electricals is 27AAACY5370N1ZS, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAMCS8569H1ZK (Maharashtra), 09AAACY5370N1ZQ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Swapnil Electricals is U31401MH2009PTC190520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swapnil Electricals has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Swapnil Electricals was incorporated on 23 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Swapnil Electricals by revenue are Vineetpower Transformer and Switchgear Private Limited, D P K Engineers Private Limited, Sunlink Photovoltaic Private Limited, R S I Switchgear Pvt Ltd, Electrovast Solutions Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Suresh Gangaram Borade ceased to be Managing Director on 20 Apr 2019. Sunanda Suresh Borade was appointed as Director on 15 Apr 2019. Nakul Suresh Borade was appointed as Director on 23 Feb 2009. Swapnil Electricals has 4 board changes on record in total.