About Switch Mobility Automotive Limited
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Switch Mobility Automotive Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Switch Mobility Limited, U.K.. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 28 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U34300TN2020PLC140385. Its GSTIN is 33ABFCS1827E1ZN (Tamil Nadu). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹431 Cr and a paid-up capital of ₹354.4 Cr. It is led by directors including Venkataramani Sumantran and Aditya Sapru.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 1 Sardar Patel Road Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2025, the company reported a revenue of ₹929.34 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net loss of ₹62.24 Cr (net margin -6.7%) and EBITDA of ₹71.78 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 504% over three years.
The company has about 284 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2,541.58 Cr and satisfied charges of ₹182 Cr on record. Court records list 90 cases involving the company, including 1 filed by the company and 89 filed against it; 40 cases are pending. The company has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹301.32 Cr; the latest was in December 2023. Its 5 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 3 larger and 2 smaller; the largest is Ather Energy Limited with revenue of ₹2,305.2 Cr. The company has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 231 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website switchmobility.tech.
Company details
Contact details
Switch Mobility Automotive Limited's registered office is in Chennai, Tamil Nadu. Its website is switchmobility.tech. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 1 Sardar Patel Road Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Switch Mobility Automotive Limited, buy the company report.
- 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 Switch Mobility Automotive is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Switch Mobility Automotive Limited, buy the company report.
Financials of Switch Mobility Automotive Limited
FY 2025 filings availableSwitch Mobility Automotive Limited reported revenue of ₹929.34 Cr (up 117% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 504% over three years, including 117% growth in the latest year. EBITDA rose 688% 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 |
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| EBITDA | ₹71.78 Cr | ||||
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| Net Profit (PAT) | -₹62.24 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | -6.7% | ||||
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To see the full financial statements and ratios of Switch Mobility Automotive Limited, buy the company report.
Board of directors and KMP of Switch Mobility Automotive Limited
Switch Mobility Automotive Limited currently reports 5 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkataramani Sumantran | Director | 04 Apr 2022 | 4 Years 6 Months | Current |
| Aditya Sapru Also directs: Gro Digital Platforms Limited, Jyothy Labs Limited, Gocl Corporation Limited and 4 more | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
| Manju Agarwal Also directs: Hinduja Housing Finance Limited, Hinduja Leyland Finance Limited, Gocl Corporation Limited and 5 more | Director | 04 Apr 2022 | 4 Years 6 Months | Current |
| Shanmuga Sundaram Ganeshmani Also directs: Ohm Global Mobility Private Limited, Ashley Alteams India Limited, Vishwa Buses and Coaches Limited and 1 more | Ceo | 01 Sep 2025 | 1 Years 1 Months | Current |
| Gopal Mahadevan Also directs: Hinduja Housing Finance Limited, Hinduja Leyland Finance Limited, Hinduja Tech Limited and 3 more | Director | 28 Dec 2020 | 5 Years 9 Months | Current |
| Dheeraj Gopichand Hinduja Also directs: Ashok Leyland Limited, Hinduja Housing Finance Limited, Hinduja Leyland Finance Limited and 2 more | Director | 04 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Switch Mobility Automotive Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ather Energy Limited | ₹2,305.2 Cr (FY 2025) | 29.0% | Bangalore, Karnataka, India | |||
| JBM Electric Vehicles Private Limited | ₹1,652.32 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Hero Electric Vehicles Private Limited | ₹993.51 Cr (FY 2023) | 17.0% | New Delhi, Delhi, India | |||
| Switch Mobility Automotive Limitedthis company | ₹929.34 Cr (FY 2025) | -₹62.24 Cr | -6.7% | 117.0% | 284 | Chennai, Tamil Nadu, India |
| Greaves Electric Mobility Limited | ₹674.82 Cr (FY 2025) | 5.0% | Ranipet, Tamil Nadu, India | |||
| Pmi Electro Mobility Solutions Private Limited | ₹436.96 Cr (FY 2024) | -20.0% | New Delhi, Delhi, India |
To see the full peer comparison of Switch Mobility Automotive Limited, buy the company report.
Auditor
Switch Mobility Automotive Limited is audited by MSKA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & ASSOCIATES | FY 2023 | 105047W |
Shareholding
The shareholding of Switch Mobility Automotive Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Switch Mobility Automotive Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2025 | 101094339 | Axis Bank Limited | ₹200 Cr | Open | |
| 25 Oct 2024 | 101000335 | Canara Bank | ₹1,232.58 Cr | Open | |
| 19 Sep 2024 | 100977963 | Hdfc Bank Limited | ₹240 Cr | Open | |
| 29 Mar 2024 | 100900437 | Yes Bank Limited | ₹350 Cr | Open | |
| 20 Jan 2023 | 100669434 | Others | ₹434.5 Cr | Open |
To see the full charge records of Switch Mobility Automotive Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Switch Mobility Automotive Limited has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹301.32 Cr; the latest was in December 2023.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Rights issue | ₹550 Cr | Investors: Switch Mobility Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Switch Mobility Limited Seller: 4 individuals |
| Oct 2021 | Rights issue | ₹49.65 Cr | Investors: Switch Mobility Limited |
| Jun 2021 | Funding round | ₹31.5 Lakh | Investors: Switch Mobility Limited |
To see the full deal history of Switch Mobility Automotive Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Switch Mobility Automotive Limited has 90 court cases on record: 1 filed by Switch Mobility Automotive, 89 filed against it. 40 cases are pending and 50 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 87 | 86 | 38 |
| High courts | 3 | 3 | 2 |
Cases on record (5 of 90)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (MFA) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (MACC) | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company | Pending |
To see the full case history of Switch Mobility Automotive Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Switch Mobility Automotive Limited was last rated by Care on 11 Apr 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 11 Apr 2023 |
To see the full credit ratings and regulatory alerts of Switch Mobility Automotive Limited, buy the company report.
MSME payment delays
Switch Mobility Automotive Limited has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 231 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rajan Industrial Corporation | |||
| an individual supplier | |||
| Gilpin Tours and Travel Management India Private Limited | |||
| Dynacorp Engineering Private Limited | |||
| Sasco Engineering (India) Private Limited |
To see the full MSME payment records of Switch Mobility Automotive Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Switch Mobility Automotive Limited has a workforce of 284 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Switch Mobility Automotive has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABFCS1827E1ZN | Tamil Nadu | Active | 22 Mar 2021 |
| 04ABFCS1827E1ZO | Chandigarh | Active | 24 Nov 2021 |
| 29ABFCS1827E1ZC | Karnataka | Active | 11 Dec 2021 |
| 27ABFCS1827E1ZG | Maharashtra | Active | 30 May 2022 |
To see the full GST registrations and return filing status of Switch Mobility Automotive Limited, buy the company report.
Recent activity
Switch Mobility Automotive Limited has 16 board changes on record since 2020: 6 appointments and 10 cessations. The latest: Shanmuga Sundaram Ganeshmani was appointed as CEO on 01 Sep 2025.
21 earlier events are in the company report.
News
Frequently asked questions
Switch Mobility Automotive is an active public limited company based in Chennai, Tamil Nadu, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 28 December 2020 (6+ years old) and is registered under CIN U34300TN2020PLC140385.
Switch Mobility Automotive has 6 current directors and KMP:
- Venkataramani Sumantran - Director
- Aditya Sapru - Director
- Manju Agarwal - Director
- Gopal Mahadevan - Director
- Dheeraj Gopichand Hinduja - Director
- Shanmuga Sundaram Ganeshmani - Ceo
The latest financial statements of Switch Mobility Automotive on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Switch Mobility Automotive is 33ABFCS1827E1ZN, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 04ABFCS1827E1ZO (Chandigarh), 29ABFCS1827E1ZC (Karnataka), 27ABFCS1827E1ZG (Maharashtra).
The CIN (Corporate Identification Number) of Switch Mobility Automotive is U34300TN2020PLC140385. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Switch Mobility Automotive has 90 court cases on record: 1 filed by the company and 89 filed against it. 40 are pending. Most are in the district courts.
Switch Mobility Automotive was incorporated on 28 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
Switch Mobility Automotive has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹301.32 Cr; the latest was in December 2023.
The peers of Switch Mobility Automotive by revenue are Ather Energy Limited, JBM Electric Vehicles Private Limited, Hero Electric Vehicles Private Limited, Greaves Electric Mobility Limited, Pmi Electro Mobility Solutions Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Shanmuga Sundaram Ganeshmani was appointed as CEO on 01 Sep 2025. Lalit Malik ceased to be CFO on 31 Jul 2025. Andrew Charles Palmer ceased to be Director on 03 Nov 2022. Switch Mobility Automotive has 16 board changes on record in total.
Switch Mobility Automotive has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 231 overdue payments to 5 micro and small suppliers. The latest return was filed on 24 Oct 2023.
Switch Mobility Automotive can be reached through the website switchmobility.tech. Its registered office is in Chennai, Tamil Nadu, India.