Swelect Energy Systems Limited - Company Profile

It is a environment public limited company based in Chennai, Tamil Nadu, India, established in 1994.

1994 Chennai, Tamil Nadu, India Active

Last Updated: December 23, 2025

About Swelect Energy Systems Limited

Swelect Energy Systems Limited, a active public limited company, was established on 12 September 1994 in Chennai, Tamil Nadu, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: L93090TN1994PLC028578. Registered under ROC Roc Chennai. it is listed on BSE: 532051 and NSE: SWELECTES. It has an authorized capital of ₹72.50 Cr and a paid-up capital of ₹15.16 Cr.

Formerly known as Numeric Power Systems Limited. It upholds a compliant status. In 2023, it reported revenue of ₹261.03 Cr and a net worth of ₹735.39 Cr. Employing 288 professional, Its leadership includes Balan Arthanari (Nodal Officer), Nachiappan Konganapuram Venkatesan (Whole-Time Director), Iniyan Selvarajan (Director). Past directors included Vasantha Balan, Balan Arthanari, Nachiappan Konganapuram Venkatesan. It holds ₹637.07 Cr open charges and ₹750.58 Cr settled loans. Its latest AGM occurred on 25 July 2025, with the balance sheet filed on 31 March 2025. It is based at Swelect House, No.5 Sir P.S.Sivasamy Salai Mylapore, Chennai, Tamil Nadu, 600004.

Company Details

CIN/LLPIN
L93090TN1994PLC028578
Registration Number
028578
Incorporation Date
12 September 1994
Authorized Capital
₹72.50 Cr
Paid-Up Capital
₹15.16 Cr
ROC Code
Roc Chennai
Listing Status
Listed (BSE: 532051, NSE: SWELECTES)
Company Status
Active

Key Metrics

Authorised Capital ₹ 72.50 Cr as on 23-12-2025
Paid Up Capital ₹ 15.16 Cr as on 23-12-2025
Company Age 31 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 637.07 Cr as on 23-12-2025
Satisfied Charges ₹ 750.58 Cr as on 23-12-2025
Revenue Growth **** -17.48% (FY 2023)
Profit Growth **** -72.35% (FY 2023)
Ebitda **** -1.56% (FY 2023)
Net Worth 3.51% (FY 2023)
Total Assets **** 0.37% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Swelect Energy Systems Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Swelect Energy Systems Limited?

Current Directors

Name	Designation	Appointment Date	Status
Balan Arthanari	Nodal Officer	16 Sep 2020	Current
Nachiappan Konganapuram Venkatesan	Whole-Time Director	20 Apr 2018	Current
Iniyan Selvarajan	Director	01 Apr 2019	Current
Sundaram Annadurai	Director	28 Jun 2017	Current
Chellappan Gounder Ramasamy	Whole-Time Director	12 Sep 1994	Current
Raghunath Venkatagiri Chellappan	Whole-Time Director	11 Nov 2013	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	24 Jul 2013	Past
Pramod Abcsdd	Whole-Time Director	30 May 2012	Past
Pramod Abcsdd	Whole-Time Director	30 May 2012	Past
Pramod Abcsdd	Director	26 Apr 2018	Past
Pramod Abcsdd	Director	01 Apr 2019	Past
Pramod Abcsdd	Director	24 Jul 2013	Past

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Financial Performance of Swelect Energy Systems.

Swelect Energy Systems Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.48% decrease. The company also saw a substantial fall in profitability, with a 72.35% decrease in profit. The company's net worth moved up by a moderate rise of 3.51%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-17.48%

*******

Revenue from Operations

*******

-19.88%

*******

Total Assets

*******

0.37%

*******

Profit or Loss

*******

-72.35%

*******

Net Worth

*******

3.51%

*******

EBITDA

*******

-1.56%

*******

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What is the Ownership and Shareholding Structure of Swelect Energy Systems?

In 2023, Swelect Energy Systems had a promoter holding of 56.36% and a public holding of 43.64%. The company had 11 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹6,370,730,000.00

Satisfied Charges

₹7,505,750,000.00

Charges Breakdown by Lending Institutions

Others : 280.50 Cr
Hdfc Bank Limited : 138.88 Cr
The Hongkong And Shanghai Banking Corporation Limited : 94.35 Cr
Axis Bank Limited : 67.64 Cr
State Bank Of India : 40.85 Cr
Others : 14.85 Cr

Latest Charge Details

Date	Lender	Amount	Status
22 Feb 2025	Others	₹138.50 Cr	Open
13 Mar 2024	State Bank Of India	₹8.50 M	Open
22 Feb 2024	Others	₹30.00 Cr	Open
10 Oct 2023	Axis Bank Limited	₹20.00 Cr	Open
15 Jul 2023	State Bank Of India	₹1.00 Cr	Open

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How Many Employees Work at Swelect Energy Systems?

Swelect Energy Systems has a workforce of 288 employees as of Mar 26, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Swelect Energy Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Swelect Energy Systems's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Swelect Energy Systems

Recent Activity within the Organization

Director Appointment

The activity Arulkumar Pudur Shanmugasundaram was appointed as a CEO was appointed as a CEO on 04 Sep 2025 & has been associated with this company since 5 months 9 days . was completed.
04 Sep 2025
Director Appointment

Progress on Gnanasekar Sukumar Samuel was appointed as a Director was appointed as a Director on 04 Sep 2025 & has been associated with this company since 5 months 9 days . was documented.
04 Sep 2025
Charges

The activity A charge registered on 12 Apr 2023 via Charge ID 100734615 with Others was fully satisfied on 21 Aug 2025. was completed.
21 Aug 2025
Annual General Meeting

The activity Swelect Energy Systems Limited last Annual general meeting of members was held on 25 Jul 2025 as per latest MCA records. was completed.
25 Jul 2025
Charges

The activity A charge registered on 04 Mar 2024 via Charge ID 100890801 with State Bank Of India was fully satisfied on 21 Jul 2025. was completed.
21 Jul 2025
Charges

Progress on A charge registered on 16 May 2023 via Charge ID 100728125 with State Bank Of India was fully satisfied on 21 Jul 2025. was documented.
21 Jul 2025

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