Swatishree Electricals Private Limited
About Swatishree Electricals Private Limited
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Swatishree Electricals Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the gas segment of the oil and gas sector. It was incorporated on 12 February 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40200KA2022PTC157874.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chandrakant Bhairu Handigund and Rukmini Chandrakant Handigund.
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 707/522/A – B Kalamaruti Galli Chikkodi, Belgaum, Karnataka, India – 591201.
As per the financials filed for FY 2024, the company reported a revenue of ₹67.34 Lakh, a growth of 58% compared to the previous year. For the same year it recorded a net loss of ₹6.5 Lakh (net margin -9.6%) and EBITDA of -₹6.5 Lakh (EBITDA margin -9.6%).
The company has about 34 employees on its provident fund (EPFO) records.
Company details
Contact details
Swatishree Electricals Private Limited's registered office is in Belgaum, Karnataka.
- Registered Address707/522/A – B Kalamaruti Galli Chikkodi, Belgaum, Karnataka, India – 591201
- IndustryOil & Gas, Gas, Distribution Of Gaseous, Manufacturing
- 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
Business activity
The main business activity of Swatishree Electricals is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Swatishree Electricals Private Limited, buy the company report.
Financials of Swatishree Electricals Private Limited
FY 2025 filings availableSwatishree Electricals Private Limited reported revenue of ₹67.34 Lakh (up 58% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 58% in the latest year. EBITDA fell 394% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹6.5 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6.5 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -9.6% | ||
| Net Profit Margin | -9.6% | ||
| 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 Swatishree Electricals Private Limited, buy the company report.
Board of directors of Swatishree Electricals Private Limited
Swatishree Electricals 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 |
|---|---|---|---|---|
| Chandrakant Bhairu Handigund | Director | 12 Feb 2022 | 4 Years 8 Months | Current |
| Rukmini Chandrakant Handigund | Director | 12 Feb 2022 | 4 Years 8 Months | Current |
| Vishal Chandrakant Handigund | Additional Director | 22 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
Swatishree Electricals Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Winners Wind Energy Spares & Services Private Limited | ₹67.88 Lakh (FY 2024) | 48.0% | Aralvaimozhi, Tamil Nadu, India | |||
| Mercure Energy Private Limited | ₹67.85 Lakh (FY 2025) | -16.0% | Porbandar, Gujarat, India | |||
| PM Planet Innovations Private Limited | ₹67.8 Lakh (FY 2021) | 319.0% | Pune, Maharashtra, India | |||
| Gosatech Power Transformers Private Limited | ₹67.62 Lakh (FY 2025) | -24.0% | Vellore, Tamil Nadu, India | |||
| Mani Power Distribution Systems Private Limited | ₹67.59 Lakh (FY 2025) | -51.0% | Hyderabad, Telangana, India | |||
| Swatishree Electricals Private Limitedthis company | ₹67.34 Lakh (FY 2024) | -₹6.5 Lakh | -9.6% | 58.0% | Belgaum, Karnataka, India | |
| Butati Renewable Energy Resources Private Limited | ₹67.28 Lakh (FY 2025) | 15862.0% | Jaipur, Rajasthan, India | |||
| Catalytic Consultancy Services Private Limited | ₹67.23 Lakh (FY 2024) | Delhi, India | ||||
| Noctilucent Projects Private Limited | ₹67.1 Lakh (FY 2025) | -12.0% | Nashik, Maharashtra, India | |||
| Aanjaneya Solar Private Limited | ₹67.07 Lakh (FY 2024) | Vadodara, Gujarat, India | ||||
| Raasi Green Earth Energy Private Limited | ₹67.02 Lakh (FY 2024) | -21.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Swatishree Electricals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Swatishree Electricals 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 Swatishree Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Swatishree Electricals Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Swatishree Electricals Private Limited has 4 board changes on record since 2022: 4 appointments. The latest: Vishal Chandrakant Handigund was appointed as Additional Director on 22 Jan 2026.
Frequently asked questions
Swatishree Electricals is an active private limited company based in Belgaum, Karnataka, India. The company works in gas, within the oil and gas industry. It was incorporated on 12 February 2022 (4+ years old) and is registered under CIN U40200KA2022PTC157874.
Swatishree Electricals has 3 current directors:
- Chandrakant Bhairu Handigund - Director
- Rukmini Chandrakant Handigund - Director
- Vishal Chandrakant Handigund - Additional Director
The latest financial statements of Swatishree Electricals 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Swatishree Electricals is U40200KA2022PTC157874. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swatishree Electricals was incorporated on 12 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Swatishree Electricals by revenue are Winners Wind Energy Spares & Services Private Limited, Mercure Energy Private Limited, PM Planet Innovations Private Limited, Gosatech Power Transformers Private Limited, Mani Power Distribution Systems Private Limited and 5 more, all in the same principal business activity (electric power generation, transmission and distribution).
Vishal Chandrakant Handigund was appointed as Additional Director on 22 Jan 2026. Chandrakant Bhairu Handigund was appointed as Director on 12 Feb 2022. Jyoti Handigund was appointed as Director on 12 Feb 2022. Swatishree Electricals has 4 board changes on record in total.
The registered office of Swatishree Electricals is at 707522A – B Kalamaruti Galli Chikkodi, Belgaum, Karnataka, India – 591201.
Swatishree Electricals operates in the oil and gas industry, in the gas segment.
Swatishree Electricals can be reached at its registered office: 707522A – B Kalamaruti Galli Chikkodi, Belgaum, Karnataka, India – 591201.
Swatishree Electricals is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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