About Swift Electrocomp Solutions Private Limited
Data last updated:
Swift Electrocomp Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 18 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50401KA2010PTC054831. Its GSTIN is 29AAOCS9400P1ZH (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Hosadurga Ashwathanarayana Rao Vishwanath and Indira Vishwanath.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.74 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹4.47 Lakh (net margin 0.3%) and EBITDA of ₹45.67 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 14% over five years.
The company is associated with 1 brand: Swift Electrocomp. As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹1.6 Cr on record. The company has 9 deals on record (5 secondary share transfers, 4 rights issues); the latest was in May 2022. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution, IT Products Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Vasa Speciality Steels Private Limited with revenue of ₹17.79 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swiftelectrocomp.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGayatri Complex No.151 2nd Floor Mallathalli Main Road Iti Layout Jnanabharathi War, D, Bengaluru, Karnataka, India – 560056
- IndustryTrading, Other Wholesale, Wholesale
- 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 Swift Electrocomp Solutions Private Limited
The main business activity of Swift Electrocomp Solutions is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Swift Electrocomp Solutions Private Limited FY 2024 filings available
Swift Electrocomp Solutions Private Limited reported revenue of ₹17.74 Cr (down 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Swift Electrocomp Solutions Private Limited
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 45% 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 Swift Electrocomp Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹45.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.47 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 Swift Electrocomp Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Swift Electrocomp Solutions 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 Swift Electrocomp Solutions Private Limited
Swift Electrocomp Solutions Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vasa Speciality Steels Private Limited | ₹17.79 Cr (FY 2024) | •••• | •••• | 162.0% | •••• | Borivlai East, Maharashtra, India |
| Uppals Engineering Projects (India) Private Limited | ₹17.79 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Faridabad, Haryana, India |
| Aryan Technologies and Telecommunication Private Limited | ₹17.78 Cr (FY 2024) | •••• | •••• | -45.0% | •••• | New Delhi, Delhi, India |
| Gemini Cooling Systems Projects Private Limited | ₹17.77 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Chennai, Tamil Nadu, India |
| Databorough India Private Limited | ₹17.76 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Lucknow, Uttar Pradesh, India |
| Swift Electrocomp Solutions Private Limited this company | ₹17.74 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Bengaluru, Karnataka, India |
| Anh Infotech Private Limited | ₹17.72 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | New Delhi, Delhi, India |
| NRS Mercantile Services Pvt Ltd | ₹17.71 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Guwhati, Assam, India |
| Bluetown (India) Private Limited | ₹17.69 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Naveen Electrotech Private Limited | ₹17.67 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Delhi, India |
| Aei Power India Private Limited | ₹17.66 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Swift Electrocomp Solutions by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, IT Products Retail and Distribution), 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 Swift Electrocomp Solutions Private Limited
Swift Electrocomp Solutions Private Limited is audited by S S R N AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S S R N AND CO | 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 Swift Electrocomp Solutions Private Limited
Swift Electrocomp Solutions has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hosadurga Ashwathanarayana Rao Vishwanath | Director | 18 Aug 2010 | 16 Years 1 Months | Current |
| Indira Vishwanath | Director | 01 Dec 2021 | 4 Years 10 Months | Current |
| Muniswamyreddy Venugopala | Director | 10 Jun 2022 | 4 Years 4 Months | Current |
| Sukumar Vinodh | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
Ownership and Shareholding of Swift Electrocomp Solutions 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 Swift Electrocomp Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2025 | Others | ₹3.5 Cr | Open |
| 18 Aug 2011 | Others | ₹1.6 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Swift Electrocomp Solutions Private Limited
Swift Electrocomp Solutions Private Limited has 9 deals on record (5 secondary share transfers, 4 rights issues); the latest was in May 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Dec 2021 | Rights issue | ₹15 Lakh | Investors: 3 individuals |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Swift Electrocomp Solutions Private Limited
Swift Electrocomp Solutions operates one associated brand: Swift Electrocomp. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronic component distribution, including active and passives, PCBs, batteries, and ESD products in India. | swiftelectrocomp.in |
Employees and EPFO Compliance at Swift Electrocomp Solutions Private Limited
Employment history and EPFO contributions of people linked to Swift Electrocomp Solutions.
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 Swift Electrocomp Solutions Private Limited
Swift Electrocomp Solutions Private Limited has 6 board changes on record since 2010: 5 appointments and 1 cessation. The latest: Sukumar Vinodh was appointed as Director on 30 Sep 2023.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Swift Electrocomp Solutions 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 Swift Electrocomp Solutions 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 Swift Electrocomp Solutions 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 Swift Electrocomp Solutions Private Limited
Swift Electrocomp Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCS9400P1ZH | Karnataka | Active | 01 Jul 2017 |
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 Swift Electrocomp Solutions 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 Swift Electrocomp Solutions Private Limited
Swift Electrocomp Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in other wholesale, within the trading industry. It was incorporated on 18 August 2010 (16+ years old) and is registered under CIN U50401KA2010PTC054831.
Swift Electrocomp Solutions reported revenue of ₹17.74 Cr for FY 2024 (down 20% YoY).
Swift Electrocomp Solutions has 4 current directors:
- Hosadurga Ashwathanarayana Rao Vishwanath - Director
- Indira Vishwanath - Director
- Muniswamyreddy Venugopala - Director
- Sukumar Vinodh - Director
Swift Electrocomp Solutions reported a net profit of ₹4.47 Lakh (net margin 0.3%) and EBITDA of ₹45.67 Lakh (EBITDA margin 2.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Swift Electrocomp Solutions is 21% over three years and 14% over five years. In the latest year (FY 2024) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Swift Electrocomp Solutions is 29AAOCS9400P1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Swift Electrocomp Solutions is U50401KA2010PTC054831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swift Electrocomp Solutions was incorporated on 18 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Swift Electrocomp Solutions has 9 deals on record (5 secondary share transfers, 4 rights issues); the latest was in May 2022.
The peers of Swift Electrocomp Solutions by revenue are Vasa Speciality Steels Private Limited, Uppals Engineering Projects (India) Private Limited, Aryan Technologies and Telecommunication Private Limited, Gemini Cooling Systems Projects Private Limited, Databorough India Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution, IT Products Retail and Distribution).
Sukumar Vinodh was appointed as Director on 30 Sep 2023. Muniswamyreddy Venugopala was appointed as Director on 10 Jun 2022. Mysore Sridhar Murthy Ramesh Babu ceased to be Director on 08 Mar 2022. Swift Electrocomp Solutions has 6 board changes on record in total.