- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-10-0010408
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About Tesla Transformers (India) Limited
Data last updated:
Tesla Transformers (India) Limited is a public limited company based in Bhopal, Madhya Pradesh, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 13 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U31900MP2017PLC042200. Its GSTIN is 23AAGCT8705J1Z6 (Madhya Pradesh).
The company has an authorised share capital of ₹19.5 Cr and a paid-up capital of ₹5.75 Cr. It is led by directors including Jaideep Jain and Ritu Jain.
Its last annual general meeting (AGM) was held on 24 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No. 23 A Sector – B Industrial Area Govindpura, Bhopal, Madhya Pradesh, India – 462023.
As per the financials filed for FY 2025, the company reported a revenue of ₹416.17 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹12.82 Cr (net margin 3.1%) and EBITDA of ₹27.7 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 17% over five years.
The company has about 106 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹192.27 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 3 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹8.85 Cr; the latest was in January 2026. Its 6 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 2 smaller; the largest is Perfect House Private Limited with revenue of ₹439.73 Cr.
Tesla Transformers (India) Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-10-0010408). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website teslatransformersindia.com.
Company details
Recognitions & Rankings of Tesla Transformers (India)
Contact details
Tesla Transformers (India) Limited's registered office is in Bhopal, Madhya Pradesh. Its website is teslatransformersindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 23 A Sector – B Industrial Area Govindpura, Bhopal, Madhya Pradesh, India – 462023
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Tesla Transformers (India) 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 activities of Tesla Transformers (India) are manufacturing, trade and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, wholesale trading and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Tesla Transformers (India) Limited, buy the company report.
Financials of Tesla Transformers (India) Limited
FY 2026 filings availableTesla Transformers (India) Limited reported revenue of ₹416.17 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 30% growth in the latest year. EBITDA rose 39% 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 | ₹416.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹27.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.82 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 6.7% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Tesla Transformers (India) Limited, buy the company report.
Board of directors of Tesla Transformers (India) Limited
Tesla Transformers (India) has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaideep Jain | Director | 13 Jan 2017 | 9 Years 9 Months | Current |
| Ritu Jain Also directs: Tesla Power Equipments and Projects Limited | Director | 13 Jan 2017 | 9 Years 9 Months | Current |
| Veena Jain | Director | 02 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Tesla Transformers (India) Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Perfect House Private Limited | ₹439.73 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Bentec India Limited | ₹429.14 Cr (FY 2024) | 46.0% | Kolkata, West Bengal, India | |||
| Asta India Private Limited | ₹421.44 Cr (FY 2025) | 14.0% | Savli, Gujarat, India | |||
| Modern Transformers Private Limited | ₹416.94 Cr (FY 2025) | 50.0% | Delhi, India | |||
| Tesla Transformers (India) Limitedthis company | ₹416.17 Cr (FY 2025) | ₹12.82 Cr | 3.1% | 30.0% | 106 | Bhopal, Madhya Pradesh, India |
| Hammond Power Solutions Private Limited | ₹416.1 Cr (FY 2024) | 28.0% | Sangareddy, Telangana, India | |||
| Toshiba JSW Power Systems Private Limited | ₹413.74 Cr (FY 2025) | -9.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Tesla Transformers (India) Limited, buy the company report.
Auditor
Tesla Transformers (India) Limited is audited by A.K. KHABYA & CO. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.K. KHABYA & CO. | FY 2025 | 001994C |
Shareholding
The shareholding of Tesla Transformers (India) 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 Tesla Transformers (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2020 | 100393295 | State Bank of India | ₹2.27 Cr | Open | |
| 19 Jul 2019 | 100281598 | Sbicap Trustee Company Limited | ₹190 Cr | Open |
To see the full charge records of Tesla Transformers (India) Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Tesla Transformers (India) Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹8.85 Cr; the latest was in January 2026.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2026 | Funding round | ₹4.08 Cr | Investors: an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Delaware Street Advisors Private Limited , Blue River Finance Corporation, 2 individuals Seller: 4 individuals |
| Dec 2018 | Funding round | ₹4.77 Cr | Investors: Delaware Street Advisors Private Limited , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tesla Transformers (India) Limited has 6 court cases on record: 3 filed by Tesla Transformers (India), 3 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
| High courts | 2 | 1 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CM(M)) | Filed by the company against Technofab Engineering Ltd & Anr. | Pending |
| District court, South East, Delhi | Court case (T.P. C) | Filed by the company against Technofab Engineering Ltd | Disposed |
| District court, South East, Delhi | Court case (OMP (I) (COMM.)) | Filed by the company against Technofab Engineering Ltd | Disposed |
| District court, Panchkula, Haryana | Court case (PC) | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed against the company | Pending |
To see the full case history of Tesla Transformers (India) 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
Tesla Transformers (India) Limited was last rated by Care on 04 Aug 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Aug 2022 |
To see the full credit ratings and regulatory alerts of Tesla Transformers (India) Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tesla Transformers (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tesla Transformers (India) Limited has a workforce of 106 employees on its EPFO records as of Dec 14, 2025, across 1 active EPFO establishment.
GST
Tesla Transformers (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCT8705J1Z6 | Madhya Pradesh | Active | 07 Dec 2018 |
To see the full GST registrations and return filing status of Tesla Transformers (India) Limited, buy the company report.
Recent activity
Tesla Transformers (India) Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Vishwas Ghushe ceased to be Director on 01 Oct 2022.
2 earlier events are in the company report.
Frequently asked questions
Tesla Transformers (India) is an active public limited company based in Bhopal, Madhya Pradesh, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 13 January 2017 (9+ years old) and is registered under CIN U31900MP2017PLC042200.
Tesla Transformers (India) has 3 current directors:
- Jaideep Jain - Director
- Ritu Jain - Director
- Veena Jain - Director
The latest financial statements of Tesla Transformers (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 August 2026. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Tesla Transformers (India) is 23AAGCT8705J1Z6, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Tesla Transformers (India) is U31900MP2017PLC042200. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tesla Transformers (India) has 6 court cases on record: 3 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Tesla Transformers (India) was incorporated on 13 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
Tesla Transformers (India) has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹8.85 Cr; the latest was in January 2026.
The peers of Tesla Transformers (India) by revenue are Perfect House Private Limited, Bentec India Limited, Asta India Private Limited, Modern Transformers Private Limited, Hammond Power Solutions Private Limited and 1 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).
Vishwas Ghushe ceased to be Director on 01 Oct 2022. Sarla Binzzani ceased to be Director on 07 Sep 2022. Veena Jain ceased to be Additional Director on 03 Sep 2022. Tesla Transformers (India) has 7 board changes on record in total.
Yes, Tesla Transformers (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-10-0010408).