About Switching Avo Electro Power Limited
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Switching Avo Electro Power Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 20 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U31200WB2004PLC098363. Its GSTIN is 19AAICS2473C1ZC (West Bengal). The company holds 25 GST registrations, of which 21 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.2 Cr. It is led by directors including Rabindra Agarwal (Managing Director) and Surendra Kumar Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 97 Raja Rammohan Roy Road, Kolkata, West Bengal, India – 700041.
As per the financials filed for FY 2025, the company reported a revenue of ₹466.42 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹43.32 Cr (net margin 9.3%) and EBITDA of ₹58.28 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 16% over five years.
The company has about 437 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹20.77 Cr and satisfied charges of ₹22.46 Cr on record. Court records list 39 cases involving the company, including 37 filed by the company and 2 filed against it; 28 cases are pending. The company has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹8.35 Cr; the latest was in March 2023. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Ikio Technologies Limited with revenue of ₹500.99 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 switchingavo.com.
CIN History of Switching Avo Electro Power Limited
Switching Avo Electro Power has one previous CIN (Corporate Identification Number): U31200WB2004PTC098363. The current CIN is U31200WB2004PLC098363, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31200WB2004PLC098363 | Current |
| U31200WB2004PTC098363 | Previous |
- EmailLocked
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- Registered Address97 Raja Rammohan Roy Road, Kolkata, West Bengal, India – 700041
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 Switching Avo Electro Power Limited
The main business activity of Switching Avo Electro Power is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Switching Avo Electro Power Limited FY 2024 filings available
Switching Avo Electro Power Limited reported revenue of ₹466.42 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Switching Avo Electro Power Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 34% growth in the latest year. EBITDA rose 72% 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 Switching Avo Electro Power Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹58.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹43.32 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Switching Avo Electro Power Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.3% | •••• | •••• | •••• | •••• |
| 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 Switching Avo Electro Power 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.
Board of Directors of Switching Avo Electro Power Limited
Switching Avo Electro Power has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anup Kumar Agarwal | Director | 20 Apr 2004 | 22 Years 6 Months | Current |
| Surendra Kumar Agarwal | Whole-Time Director | 20 Apr 2004 | 22 Years 6 Months | Current |
| Kanhaiya Agarwal Also directs: Da Vento Building Systems LLP, Kakca Constructions LLP, Nbka Developers LLP and 2 more | Director | 30 Nov 2024 | 1 Years 10 Months | Current |
| Ram Gopal Agarwal | Director | 30 Mar 2015 | 11 Years 6 Months | Current |
| Swagata Sinhamahapatra | Director | 13 Nov 2023 | 2 Years 11 Months | Current |
| Rachana Bhojgaria | Director | 03 Sep 2025 | 1 Years 1 Months | Current |
Peer Comparison of Switching Avo Electro Power Limited
Switching Avo Electro Power Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ikio Technologies Limited | ₹500.99 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Kairvam Electronics India Private Limited | ₹498.46 Cr (FY 2025) | •••• | •••• | -60.0% | •••• | New Delhi, Delhi, India |
| Alps Alpine India Private Limited | ₹487.65 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Luker Electric Technologies Private Limited | ₹485.37 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kochi, Kerala, India |
| Sturlite Electric Private Limited | ₹471.46 Cr (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Switching Avo Electro Power Limited this company | ₹466.42 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Kolkata, West Bengal, India |
| Super Plastronics Private Limited | ₹459.35 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Caria Electronic Technology Private Limited | ₹443.43 Cr (FY 2023) | •••• | •••• | -2.0% | •••• | Dadri, Uttar Pradesh, India |
| Empire Home Appliances Private Limited | ₹431.6 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | New Delhi, Delhi, India |
| Vrinda Nano Technologies Private Limited | ₹431.4 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Gurgaon, Haryana, India |
| Su-Kam Power Systems Limited | ₹426.53 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Switching Avo Electro Power by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Switching Avo Electro Power Limited
Switching Avo Electro Power Limited is audited by JAGDISH ASHOK & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAGDISH ASHOK & 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.
Ownership and Shareholding of Switching Avo Electro Power 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 Switching Avo Electro Power Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Dec 2022 | City Union Bank Limited | ₹7 Cr | Open |
| 20 Nov 2022 | City Union Bank Limited | ₹27.01 Lakh | Open |
| 29 Oct 2022 | City Union Bank Limited | ₹3.5 Cr | Open |
| 15 Jul 2022 | City Union Bank Limited | ₹10 Cr | Open |
| 14 Mar 2022 | Hdfc Bank Limited | ₹4.99 Cr | Satisfied |
Total charge records: 7 View all charges
Deals & Funding of Switching Avo Electro Power Limited
Switching Avo Electro Power Limited has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹8.35 Cr; the latest was in March 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Aakash Agarwal Beneficiary Trust, Hiteshi Agarwal Beneficiary Trust, 2 individuals Seller: Kosh Project Private Limited , Heritage Nirman Private Limited , Quantum Marketing Private Limited , an individual |
| Mar 2014 | Funding round | ₹99 Lakh | Investors: Spring Commercial Private Limited , P. R. Oil and Fats Pvt Ltd |
| Mar 2012 | Funding round | ₹2.57 Cr | Investors: Mangalam Capital and Finance Private Limited , Imagine Tradelinks Private Limited , Express Dealcom Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Switching Circuits Private Limited , 3 individuals Seller: Beyond Commerce Private Limited , Delight Projects Private Limited , Sadabahar Tradecomm Pvt.Ltd. |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Express Dealcom Private Limited Seller: an individual |
Full deal history
All 11 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.
Legal Cases of Switching Avo Electro Power Limited
Switching Avo Electro Power Limited has 39 court cases on record: 37 filed by Switching Avo Electro Power, 2 filed against it. 28 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 1 | 24 |
| High courts | 4 | 0 | 2 |
| NCLT | 4 | 1 | 0 |
| NCLAT | 4 | 0 | 2 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Revision petition | Filed against the company by Axis Bank Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against M/S. Deshmukh Lead Pvt. Ltd. and 3 others | Pending |
| District court, South Twenty Four Parganas, West Bengal | Court case (MS (Com)) | Filed by the company against Oneindig Technologies Limited Earlier Known As Oneindig Technologies Pvt. Ltd. | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Dreams the Mall Company Limited and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed by the company against M/S. Davin Info Pvt Ltd. and 2 others | Pending |
Full case history
All 39 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Switching Avo Electro Power Limited
Switching Avo Electro Power Limited has a workforce of 437 employees as of Mar 29, 2024.
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.
Group Structure of Switching Avo Electro Power Limited
Switching Avo Electro Power has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Rc All-Tech Power Systems Private Limited | U72200TG1998PTC029449 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Switching Avo Electro Power Limited
Switching Avo Electro Power Limited has 15 board changes on record since 2004: 7 appointments and 8 cessations. The latest: Kanhaiya Agarwal ceased to be Additional Director on 25 Sep 2025.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Switching Avo Electro Power 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 Switching Avo Electro Power 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 Switching Avo Electro Power 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 Switching Avo Electro Power Limited
Switching Avo Electro Power has 25 GST registrations: 21 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAICS2473C1ZC | West Bengal | Active | 01 Jul 2017 |
| 19AAICS2473C2ZB | West Bengal | Active | 22 Apr 2025 |
| 03AAICS2473C1ZP | Punjab | Active | 01 Jul 2017 |
| 07AAICS2473C1ZH | Delhi | 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 Switching Avo Electro Power 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 Switching Avo Electro Power Limited
Switching Avo Electro Power is an active public limited company based in Kolkata, West Bengal, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 20 April 2004 (22+ years old) and is registered under CIN U31200WB2004PLC098363.
Switching Avo Electro Power reported revenue of ₹466.42 Cr for FY 2025 (up 34% YoY).
Switching Avo Electro Power has 7 current directors:
- Rabindra Agarwal - Managing Director
- Surendra Kumar Agarwal - Whole-Time Director
- Anup Kumar Agarwal - Director
- Kanhaiya Agarwal - Director
- Ram Gopal Agarwal - Director
- Swagata Sinhamahapatra - Director
- Rachana Bhojgaria - Director
Switching Avo Electro Power reported a net profit of ₹43.32 Cr (net margin 9.3%) and EBITDA of ₹58.28 Cr (EBITDA margin 12.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Switching Avo Electro Power is 17% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Switching Avo Electro Power is 19AAICS2473C1ZC, registered in West Bengal. The company has 25 GST registrations in all, of which 21 are active and 4 are cancelled or inactive. Other active GSTINs include 19AAICS2473C2ZB (West Bengal), 03AAICS2473C1ZP (Punjab), 07AAICS2473C1ZH (Delhi).
The CIN (Corporate Identification Number) of Switching Avo Electro Power is U31200WB2004PLC098363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Switching Avo Electro Power has 39 court cases on record: 37 filed by the company and 2 filed against it. 28 are pending. Most are in the district courts.
Switching Avo Electro Power was incorporated on 20 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
Switching Avo Electro Power has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹8.35 Cr; the latest was in March 2023.
The peers of Switching Avo Electro Power by revenue are Ikio Technologies Limited, Kairvam Electronics India Private Limited, Alps Alpine India Private Limited, Luker Electric Technologies Private Limited, Sturlite Electric Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).