- Category
- Small (2023-24)
- Udyam number
- UDYAM-HP-11-0000545

About Telema Electricals Private Limited
Data last updated:
Telema Electricals Private Limited is a private limited company based in Solan, Himachal Pradesh, India, a subsidiary of Telema Holdings S.R.L.. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 08 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U31102HP1995PTC007151. Its GSTIN is 02AAACH6495H2ZL (Himachal Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹9.74 Cr. It was formerly known as Stesalit Telema Electricals Private Limited and Himachal Transformers Pvt. Ltd. It is led by directors including Vishal Bhardwaj and Mario Fornari.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Solan, Himachal Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.91 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹5.96 Cr (net margin 16.6%) and EBITDA of ₹8.64 Cr (EBITDA margin 24.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 21% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
Telema Electricals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0000545). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stesalittelema.com.
Company details
Name history
Telema Electricals has undergone 2 name changes throughout its history. The company was previously known as Stesalit Telema Electricals Private Limited, and Himachal Transformers Pvt. Ltd.. The current legal name is Telema Electricals Private Limited.
| Company Name | Status |
|---|---|
| Telema Electricals Private Limited | Current |
| Stesalit Telema Electricals Private Limited | Previous |
| Himachal Transformers Pvt. Ltd. | Previous |
CIN history
Telema Electricals has one previous CIN (Corporate Identification Number): U31102WB1995PTC072038. The current CIN is U31102HP1995PTC007151, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31102HP1995PTC007151 | Current |
| U31102WB1995PTC072038 | Previous |
Recognitions & Rankings of Telema Electricals
Contact details
Telema Electricals Private Limited's registered office is in Solan, Himachal Pradesh. Its website is stesalittelema.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHb. No. 214 Hill Top Bhatolikalan Near Epip Phase – 1 Barotiwala Baddi District Sol, An, Solan, Himachal Pradesh, India – 174103
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Telema Electricals Private 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 Telema Electricals 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 Telema Electricals Private Limited, buy the company report.
Financials of Telema Electricals Private Limited
FY 2025 filings availableTelema Electricals Private Limited reported revenue of ₹35.91 Cr (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 35% growth in the latest year. EBITDA rose 66% 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 | ₹8.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.96 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 | 24.1% | ||||
| Net Profit Margin | 16.6% | ||||
| 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 Telema Electricals Private Limited, buy the company report.
Board of directors of Telema Electricals Private Limited
Telema Electricals has 5 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Bhardwaj | Director | 05 Sep 2024 | 2 Years 1 Months | Current |
| Mario Fornari Also directs: Tesio Cooling Systems India Private Limited | Director | 01 Apr 2020 | 6 Years 6 Months | Current |
| Sushim Mukul Dhar | Director | 25 Jun 2019 | 7 Years 3 Months | Current |
| Michele Fornari | Director | 04 Feb 2010 | 16 Years 8 Months | Current |
| Luca Fornari | Director | 31 Jan 2025 | 1 Years 8 Months | Current |
Peer comparison
Telema Electricals Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Accord Electropower Private Limited | ₹36.25 Cr (FY 2024) | 0.0% | Greater Noida, Uttar Pradesh, India | |||
| Radiant Advanced Systems Private Limited | ₹36.06 Cr (FY 2025) | 670.0% | Telangana, India | |||
| Radlay Metal Products Private Limited | ₹35.98 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Telema Electricals Private Limitedthis company | ₹35.91 Cr (FY 2025) | ₹5.96 Cr | 16.6% | 35.0% | 45 | Solan, Himachal Pradesh, India |
| Microtex Energy Private Limited | ₹35.58 Cr (FY 2025) | -21.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Telema Electricals Private Limited, buy the company report.
Auditor
Telema Electricals Private Limited is audited by SAHAJ & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAHAJ & Associates | FY 2022 | 127954W |
Shareholding
The shareholding of Telema Electricals Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Telema Electricals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Telema Electricals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Telema Electricals Private Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 16 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ruby Mica Company Limited | |||
| an individual supplier | |||
| Sunrise Industries | |||
| an individual supplier | |||
| Avlock International India Private Limited |
To see the full MSME payment records of Telema Electricals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Telema Electricals Private Limited has a workforce of 45 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Telema Electricals has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACH6495H2ZL | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Telema Electricals Private Limited, buy the company report.
Recent activity
Telema Electricals Private Limited has 19 board changes on record since 2010: 5 appointments and 14 cessations. The latest: Luca Fornari ceased to be Additional Director on 22 Sep 2025.
10 earlier events are in the company report.
Frequently asked questions
Telema Electricals is an active private limited company based in Solan, Himachal Pradesh, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 08 June 1995 (31+ years old) and is registered under CIN U31102HP1995PTC007151.
Telema Electricals has 5 current directors:
- Vishal Bhardwaj - Director
- Mario Fornari - Director
- Sushim Mukul Dhar - Director
- Michele Fornari - Director
- Luca Fornari - Director
The latest financial statements of Telema Electricals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Telema Electricals is 02AAACH6495H2ZL, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Telema Electricals is U31102HP1995PTC007151. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Telema Electricals was incorporated on 08 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Telema Electricals by revenue are Accord Electropower Private Limited, Radiant Advanced Systems Private Limited, Radlay Metal Products Private Limited, Microtex Energy Private Limited, 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).
Luca Fornari ceased to be Additional Director on 22 Sep 2025. Luca Fornari was appointed as Director on 31 Jan 2025. Vishal Bhardwaj ceased to be Additional Director on 19 Sep 2024. Telema Electricals has 19 board changes on record in total.
Yes, Telema Electricals is registered as a small enterprise under Udyam registration (number: UDYAM-HP-11-0000545).
Telema Electricals has 4 MSME Form 1 returns on record between 2021 and 2023, listing 16 overdue payments to 11 micro and small suppliers. The latest return was filed on 18 Dec 2023.
Telema Electricals can be reached through the website stesalittelema.com. Its registered office is in Solan, Himachal Pradesh, India.
The registered office of Telema Electricals is at Hb. No. 214 Hill Top Bhatolikalan Near Epip Phase – 1 Barotiwala Baddi District Sol, An, Solan, Himachal Pradesh, India – 174103.