
About Technical Associates Limited
Data last updated:
Technical Associates Limited is a public limited company based in Lucknow, Uttar Pradesh, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 20 January 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U70100UP1988PLC007884. Its GSTIN is 09AABCT7365F1Z4 (Uttar Pradesh). The company holds 7 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹12.1 Cr and a paid-up capital of ₹2.44 Cr. It was formerly known as T.A. Transformers Private Limited and T.A. Transformers Limited. It is led by directors including Vishnu Agarwal (Managing Director) and Saroj Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8th Km. Faizabad Road Vijaypur Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.67 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.54 Cr (net margin 52.4%) and EBITDA of ₹7.82 Cr (EBITDA margin 90.2%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 50% over five years.
The company has about 86 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
As per MCA filings, the company has open charges of ₹705.7 Cr and satisfied charges of ₹50.38 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techasso.com.
Company details
Name history
Technical Associates has undergone 2 name changes throughout its history. The company was previously known as T.A. Transformers Private Limited, and T.A. Transformers Limited. The current legal name is Technical Associates Limited.
| Company Name | Status |
|---|---|
| Technical Associates Limited | Current |
| T.A. Transformers Private Limited | Previous |
| T.A. Transformers Limited | Previous |
CIN history
Technical Associates has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70100UP1988PLC007884, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100UP1988PLC007884 | Current |
| U31300UP1988PLC007884 | Previous |
| L31300UP1988PLC007884 | Previous |
Contact details
Technical Associates Limited's registered office is in Lucknow, Uttar Pradesh. Its website is techasso.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8th Km. Faizabad Road Vijaypur Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Technical Associates 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 Technical Associates is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Technical Associates Limited, buy the company report.
Financials of Technical Associates Limited
FY 2024 filings availableTechnical Associates Limited reported revenue of ₹8.67 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 50%. EBITDA rose 5% 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 |
|---|---|---|---|---|---|
| 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 | ₹7.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.54 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 | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.2% | ||||
| Net Profit Margin | 52.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Technical Associates Limited, buy the company report.
Board of directors and KMP of Technical Associates Limited
Technical Associates Limited currently reports 4 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Kumar | Director | 01 Jul 2008 | 18 Years 3 Months | Current |
| Vinamra Agarwal Also directs: Adidev Infradevelopers Limited Liability Partnership, Technical Associates Industries LLP, Ta Greentech Private Limited and 5 more | Ceo | 01 Nov 2023 | 2 Years 11 Months | Current |
| Vishnu Agarwal Also directs: Adidev Infradevelopers Limited Liability Partnership, Technical Associates Industries LLP, T A Transformers LLP and 5 more | Managing Director | 01 Aug 1996 | 30 Years 2 Months | Current |
| Palanivel Mudaliar | Director | 02 Dec 2009 | 16 Years 10 Months | Current |
| Saroj Agarwal Also directs: Prologix Private Limited, Ta Greentech Private Limited, Ganpati Infraestate Private Limited and 3 more | Whole-Time Director | 28 Feb 1996 | 30 Years 7 Months | Current |
Peer comparison
Technical Associates Limited is compared with the 7 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Excellent Power Controls (India) Private Limited | ₹8.72 Cr (FY 2024) | -12.0% | Bangalore, Karnataka, India | |||
| Unity Controls Private Limited | ₹8.72 Cr (FY 2025) | 12.0% | Thane, Maharashtra, India | |||
| Losung Automation Private Limited | ₹8.71 Cr (FY 2024) | -6.0% | New Delhi, Delhi, India | |||
| Electech Engineering Private Limited | ₹8.68 Cr (FY 2025) | 8.0% | Ahmedabad, Gujarat, India | |||
| Technical Associates Limitedthis company | ₹8.67 Cr (FY 2025) | ₹4.54 Cr | 52.4% | 6.0% | 86 | Lucknow, Uttar Pradesh, India |
| Sparkle Manufacturing Private Limited | ₹8.66 Cr (FY 2025) | 40.0% | Jaipur, Rajasthan, India | |||
| Photon Computers India Private Limited | ₹8.64 Cr (FY 2024) | -10.0% | New Delhi, Delhi, India | |||
| Associated Switchgears and Projects Limited. | ₹8.64 Cr (FY 2025) | -22.0% | New Delhi, Delhi, India |
To see the full peer comparison of Technical Associates Limited, buy the company report.
Auditor
Technical Associates Limited is audited by S K AGRAWAL AND CO CHARTERED ACCOUNTANTS LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K AGRAWAL AND CO CHARTERED ACCOUNTANTS LLP | FY 2024 | E300272 |
Shareholding
The shareholding of Technical Associates Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Technical Associates Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2023 | 100838026 | State Bank of India | ₹340 Cr | Open | |
| 17 Oct 2023 | 100809459 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 02 Sep 2023 | 100784655 | Yes Bank Limited | ₹110 Cr | Open | |
| 20 Nov 2021 | 100509204 | Hdfc Bank Limited | ₹69.54 Lakh | Open | |
| 24 Jul 2004 | 90275947 | Others | ₹155 Cr | Open |
To see the full charge records of Technical Associates Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
No court or tribunal cases involving Technical Associates Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Technical Associates Limited was last rated by Care on 11 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 11 Feb 2022 |
To see the full credit ratings and regulatory alerts of Technical Associates Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Technical Associates Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Technical Associates has 4 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ta Greentech Private Limited | U40300UP2010PTC041611 | |
| Vibhuti Infraprojects Private Limited | U45400UP2012PTC049105 | |
| Mahadev Infradevelopers Private Limited | U45400UP2012PTC049173 | |
| Technical Associates Transformers Limited | U74120UP2012PLC050526 |
To see the full group structure of Technical Associates Limited, buy the company report.
Employees & EPFO
Technical Associates Limited has a workforce of 86 employees on its EPFO records as of Apr 17, 2025, across 1 active EPFO establishment.
GST
Technical Associates has 7 GST registrations: 2 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCT7365F1Z4 | Uttar Pradesh | Active | 01 Jul 2017 |
| 05AABCT7365F1ZC | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Technical Associates Limited, buy the company report.
Recent activity
Technical Associates Limited has 10 board changes on record since 1996: 5 appointments and 5 cessations. The latest: Anil Kumar Agarwal ceased to be CFO on 14 Sep 2025.
24 earlier events are in the company report.
Frequently asked questions
Technical Associates is an active public limited company based in Lucknow, Uttar Pradesh, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 20 January 1988 (38+ years old) and is registered under CIN U70100UP1988PLC007884.
Technical Associates has 5 current directors and KMP:
- Vishnu Agarwal - Managing Director
- Saroj Agarwal - Whole-Time Director
- Narendra Kumar - Director
- Palanivel Mudaliar - Director
- Vinamra Agarwal - Ceo
The latest financial statements of Technical Associates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Technical Associates is 09AABCT7365F1Z4, registered in Uttar Pradesh. The company has 7 GST registrations in all, of which 2 are active and 5 are cancelled or inactive. Other active GSTINs include 05AABCT7365F1ZC (Uttarakhand).
The CIN (Corporate Identification Number) of Technical Associates is U70100UP1988PLC007884. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technical Associates was incorporated on 20 January 1988, making it 38+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Technical Associates by revenue are Excellent Power Controls (India) Private Limited, Unity Controls Private Limited, Losung Automation Private Limited, Electech Engineering Private Limited, Sparkle Manufacturing Private Limited and 2 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Anil Kumar Agarwal ceased to be CFO on 14 Sep 2025. Vinamra Agarwal was appointed as CEO on 01 Nov 2023. Palanivel Mudaliar ceased to be Additional Director on 30 Sep 2010. Technical Associates has 10 board changes on record in total.
Technical Associates can be reached through the website techasso.com. Its registered office is in Lucknow, Uttar Pradesh, India.
The registered office of Technical Associates is at 8th Km. Faizabad Road Vijaypur Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
Technical Associates operates in the energy and power industry, in the power equipment manufacturers segment.