MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0015892
Swastik Power Electronics (India) Private Limited - energy and power in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.41 Cr
▲ 5% YoY
Net profit · FY 2025
₹2.95 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹28.86 Lakh
EBITDA margin 8.5%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹60.95 Lakh
Issued & subscribed
Open charges
₹2.05 Cr
Satisfied ₹5.66 Cr
Company age
24 yrs
Est. 2002
Directors on board
4
As per MCA filings
About Swastik Power Electronics (India) Private Limited
Data last updated:
Swastik Power Electronics (India) Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 09 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31909MH2002PTC137121. Its GSTIN is 27AAKCS5399F2ZR (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹60.95 Lakh. It is led by directors including Prashant Vinayak Amare and Chhaya Shyam Amare.
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 Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.41 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.95 Lakh (net margin 0.9%) and EBITDA of ₹28.86 Lakh (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The company is associated with 1 brand: Swastik Power Electronics. As per MCA filings, the company has open charges of ₹2.05 Cr and satisfied charges of ₹5.66 Cr on record.
Swastik Power Electronics (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0015892). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swastikpower.com.
Company details
CIN U31909MH2002PTC137121
Registration Number 137121
Incorporation Date 09 September 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0015892
Key People
Prashant Vinayak Amare Director Chhaya Shyam Amare Director Jyoti Prashant Amare Director Recognitions & Rankings of Swastik Power Electronics (India)
Contact details
Swastik Power Electronics (India) Private Limited's registered office is in Thane, Maharashtra. Its website is swastikpower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDharani Arcade 1302 Gr Flr Opp Anjurphata Octroi Naka Rahanal Village Bhiwandi Dandeka, Rwad, Thane, Maharashtra, India – 421302
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Swastik Power Electronics (India) Private Limited, buy the company report.
Comprehensive company report
Swastik Power Electronics (India) 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
Swastik Power Electronics (India) operates one associated brand: Swastik Power Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Power electronics solutions including UPS, inverters, and solar products in India. | swastikpower.com |
Business activity
The main business activity of Swastik Power Electronics (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Swastik Power Electronics (India) Private Limited, buy the company report.
Financials of Swastik Power Electronics (India) Private Limited
FY 2025 filings availableSwastik Power Electronics (India) Private Limited reported revenue of ₹3.41 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹3.41 Cr ▲ 5%
Net profit · FY 2025
₹2.95 Lakh margin 0.9%
EBITDA · FY 2025
₹28.86 Lakh margin 8.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 1%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 5% over three years, including 5% growth in the latest year. EBITDA fell 4% 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 | ₹3.41 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹28.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.95 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.5% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Swastik Power Electronics (India) Private Limited, buy the company report.
Board of directors of Swastik Power Electronics (India) Private Limited
Swastik Power Electronics (India) has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Vinayak Amare | Director | 09 Sep 2002 | 24 Years 1 Months | Current |
| Chhaya Shyam Amare | Director | 01 May 2005 | 21 Years 6 Months | Current |
| Jyoti Prashant Amare | Director | 01 May 2005 | 21 Years 6 Months | Current |
| Nitant Shyam Amare Also directs: Tula Distribution LLP | Director | 02 Jan 2023 | 3 Years 10 Months | Current |
Auditor
Swastik Power Electronics (India) Private Limited is audited by PARESH HARIA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARESH HARIA & ASSOCIATES | FY 2022 | 121147W |
Shareholding
The shareholding of Swastik Power Electronics (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swastik Power Electronics (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.05 Cr
Satisfied charges
₹5.66 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jan 2022 | 100578948 | Others | ₹62 Lakh | Open | |
| 20 Jun 2020 | 100351137 | Tata Capital Housing Finance Limited | ₹56.49 Lakh | Open | |
| 22 Jun 2011 | 10341470 | Others | ₹87 Lakh | Open | |
| 31 Jan 2012 | 10335051 | Bank of Baroda | ₹1.62 Cr | Satisfied | |
| 22 Jun 2011 | 10341469 | Bank of Baroda | ₹22 Lakh | Satisfied |
To see the full charge records of Swastik Power Electronics (India) Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
No court or tribunal cases involving Swastik Power Electronics (India) 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 Swastik Power Electronics (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swastik Power Electronics (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS5399F2ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swastik Power Electronics (India) Private Limited, buy the company report.
Recent activity
Swastik Power Electronics (India) Private Limited has 5 board changes on record since 2002: 4 appointments and 1 cessation. The latest: Nitant Shyam Amare was appointed as Director on 02 Jan 2023.
AGM
Swastik Power Electronics (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Swastik Power Electronics (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Nitant Shyam Amare was appointed as Director.
Ceased
Shyam Vinayak Amare ceased to be Director.
Charges
A charge with Others amounted to Rs. 62.00 Lakh with Charge ID 100578948 was registered on 01 Jan 2022.
Charges
A charge with Tata Capital Housing Finance Limited amounted to Rs. 56.49 Lakh with Charge ID 100351137 was registered on 20 Jun 2020.
Charges
A charge registered on 31 Jan 2012 via Charge ID 10335051 with Bank Of Baroda was fully satisfied on 27 Feb 2019.
Charges
A charge registered on 22 Jun 2011 via Charge ID 10341469 with Bank Of Baroda was fully satisfied on 27 Feb 2019.
Charges
A charge with Others of Rs. 87.00 Lakh registered on 22 Jun 2011 with Charge ID 10341470 was modified on 13 Apr 2018.
Charges
A charge with Bank Of Baroda amounted to Rs. 162.00 Lakh with Charge ID 10335051 was registered on 31 Jan 2012.
Charges
A charge registered on 31 Mar 2008 via Charge ID 10098534 with The Shamrao Vithal Co-Op. Bank Ltd. was fully satisfied on 21 Jul 2011.
Charges
A charge registered on 05 Feb 2008 via Charge ID 10090453 with The Shamrao Vithal Co-Op. Bank Ltd. was fully satisfied on 21 Jul 2011.
15 earlier events are in the company report.
Frequently asked questions
Swastik Power Electronics (India) is an active private limited company based in Thane, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 09 September 2002 (24+ years old) and is registered under CIN U31909MH2002PTC137121.
Swastik Power Electronics (India) has 4 current directors:
- Prashant Vinayak Amare - Director
- Chhaya Shyam Amare - Director
- Jyoti Prashant Amare - Director
- Nitant Shyam Amare - Director
The latest financial statements of Swastik Power Electronics (India) 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 Swastik Power Electronics (India) is 27AAKCS5399F2ZR, registered in Maharashtra. 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 Swastik Power Electronics (India) is U31909MH2002PTC137121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastik Power Electronics (India) was incorporated on 09 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Nitant Shyam Amare was appointed as Director on 02 Jan 2023. Shyam Vinayak Amare ceased to be Director on 22 Oct 2022. Chhaya Shyam Amare was appointed as Director on 01 May 2005. Swastik Power Electronics (India) has 5 board changes on record in total.
Yes, Swastik Power Electronics (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0015892).
Swastik Power Electronics (India) can be reached through the website swastikpower.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Swastik Power Electronics (India) is at Dharani Arcade 1302 Gr Flr Opp Anjurphata Octroi Naka Rahanal Village Bhiwandi Dandeka, Rwad, Thane, Maharashtra, India – 421302.
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