
About Toyama Electric Limited
Data last updated:
Toyama Electric Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 15 July 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L31900KA1985PLC007019. Its GSTIN is 29AAACT7553L1ZS (Karnataka). The company holds 2 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 11 Oct 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Toyama Electric Private Limited. It is led by directors including Mustafa Kamal Basha (Managing Director) and Shakir Moulana Moulvi Azeez (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 36 A KIADB Industrial Estate Hoskote, Bangalore, Karnataka, India – 562114.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.46 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.04 Lakh (net margin -0.9%) and EBITDA of ₹7.79 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 21% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹9.31 Cr on record. Court records list 44 cases involving the company, including 40 filed by the company and 4 filed against it; 1 case is pending. The company has 15 deals on record (15 market trades); the latest was in July 2011. Its 3 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, 3 larger; the largest is Treffer Power System Solution Private Limited with revenue of ₹6.5 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 toyamaworld.com.
Company details
CIN history
Toyama Electric has one previous CIN (Corporate Identification Number): L85110KA1985PLC007019. The current CIN is L31900KA1985PLC007019, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31900KA1985PLC007019 | Current |
| L85110KA1985PLC007019 | Previous |
Contact details
Toyama Electric Limited's registered office is in Bangalore, Karnataka. Its website is toyamaworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address36 A KIADB Industrial Estate Hoskote, Bangalore, Karnataka, India – 562114
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Toyama Electric 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 Toyama Electric 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 Toyama Electric Limited, buy the company report.
Financials of Toyama Electric Limited
FY 2024 filings availableToyama Electric Limited reported revenue of ₹6.46 Cr (up 171% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 171% growth in the latest year. EBITDA rose 41% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹7.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.04 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | -0.9% | ||||
| 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 Toyama Electric Limited, buy the company report.
Board of directors of Toyama Electric Limited
Toyama Electric has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Farha Kamal | Director | 22 Jun 2000 | 26 Years 4 Months | Current |
| Syed Akmal Hassan Razvi Also directs: A.E.Logistics Private Limited, Seatmann Systems Private Limited, Jitex Freight Global Private Limited and 3 more | Director | 29 Aug 2002 | 24 Years 2 Months | Current |
| Mohamed Taha Mateen Also directs: Acura Health Care Private Limited, Hwa Charitable Foundation | Director | 04 Sep 2003 | 23 Years 2 Months | Current |
| Mustafa Kamal Basha | Managing Director | 04 Sep 2003 | 23 Years 2 Months | Current |
| Shakir Moulana Moulvi Azeez | Whole-Time Director | 04 Sep 2003 | 23 Years 2 Months | Current |
Peer comparison
Toyama Electric Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Treffer Power System Solution Private Limited | ₹6.5 Cr (FY 2024) | -33.0% | Pune, Maharashtra, India | |||
| Harit Transformers Pvt Ltd | ₹6.47 Cr (FY 2025) | 7.0% | Alwar, Rajasthan, India | |||
| CBP Industries Private Limited | ₹6.46 Cr (FY 2024) | 10.0% | Pune, Maharashtra, India | |||
| Toyama Electric Limitedthis company | ₹6.46 Cr (FY 2024) | -₹6.04 Lakh | -0.9% | 171.0% | 14 | Bangalore, Karnataka, India |
To see the full peer comparison of Toyama Electric Limited, buy the company report.
Auditor
Toyama Electric Limited is audited by PRAKASH BHAT & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH BHAT & ASSOCIATES | FY 2020 | 007830S |
Shareholding
The shareholding of Toyama Electric Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Toyama Electric Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 1999 | 90192093 | State Bank of India | ₹1.55 Cr | Satisfied | |
| 04 Jan 1996 | 90195986 | Nagarjuna Finance Ltd | ₹2.16 Lakh | Satisfied | |
| 06 Jul 1992 | 90190960 | State Bank of India | ₹90 Lakh | Satisfied | |
| 28 Jan 1992 | 90190889 | State Bank of India | ₹3.25 Cr | Satisfied | |
| 06 Nov 1990 | 90190684 | State Bank of India | ₹2 Cr | Satisfied |
To see the full charge records of Toyama Electric Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Toyama Electric Limited has 15 deals on record (15 market trades); the latest was in July 2011.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2011 | Market trade | ₹11 Lakh | Buyer: Maryada Barter Pvt Ltd Seller: Arion Commercial Pvt Ltd |
| Nov 2010 | Market trade | ₹27.9 Lakh | Buyer: Arion Commercial Pvt Ltd Seller: Jaikarni Holdings Private Ltd |
| Oct 2010 | Market trade | ₹37.7 Lakh | Buyer: Jaikarni Holdings Private Ltd Seller: Arion Commercial Pvt Ltd , Haridarshan Sales Private Limited |
| Oct 2010 | Market trade | ₹6.1 Lakh | Buyer: Arion Commercial Pvt Ltd |
| Oct 2010 | Market trade | ₹9 Lakh | Buyer: Arion Commercial Pvt Ltd |
To see the full deal history of Toyama Electric 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
Toyama Electric Limited has 44 court cases on record: 40 filed by Toyama Electric, 4 filed against it. 1 case is pending and 43 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 2 | 0 |
| High courts | 6 | 2 | 1 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Spacematrix Design Consultants Pvt Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Hotel Radha Pvt Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against Hotel Radha Pvt Ltd. | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Union of India | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
To see the full case history of Toyama Electric 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Toyama Electric Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Toyama Electric Limited has a workforce of 14 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Toyama Electric has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACT7553L1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Toyama Electric Limited, buy the company report.
Recent activity
Toyama Electric Limited has 7 board changes on record since 1993: 6 appointments and 1 cessation. The latest: Lakshmanan Arcot Senapathy ceased to be Director on 12 Nov 2011.
15 earlier events are in the company report.
Frequently asked questions
Toyama Electric is an active public limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 15 July 1985 (41+ years old) and is registered under CIN L31900KA1985PLC007019.
Toyama Electric has 5 current directors:
- Mustafa Kamal Basha - Managing Director
- Shakir Moulana Moulvi Azeez - Whole-Time Director
- Farha Kamal - Director
- Syed Akmal Hassan Razvi - Director
- Mohamed Taha Mateen - Director
The latest financial statements of Toyama Electric on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Toyama Electric is 29AAACT7553L1ZS, registered in Karnataka. 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 Toyama Electric is L31900KA1985PLC007019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Toyama Electric is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 Oct 2023 · compulsory delisting, and no longer trade on a stock exchange.
Toyama Electric has 44 court cases on record: 40 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Toyama Electric was incorporated on 15 July 1985, making it 41+ years old. It is registered with the Registrar of Companies, Bangalore.
Toyama Electric has 15 deals on record (15 market trades); the latest was in July 2011.
The peers of Toyama Electric by revenue are Treffer Power System Solution Private Limited, Harit Transformers Pvt Ltd, CBP Industries 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).
Lakshmanan Arcot Senapathy ceased to be Director on 12 Nov 2011. Mohamed Taha Mateen was appointed as Director on 04 Sep 2003. Mustafa Kamal Basha was appointed as Managing Director on 04 Sep 2003. Toyama Electric has 7 board changes on record in total.

