MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0051844
Transgear Power Systems Private Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹50.45 Cr
▲ 12% YoY
Net profit · FY 2024
₹1.26 Cr
Net margin 2.5%
EBITDA · FY 2024
₹1.83 Cr
EBITDA margin 3.6%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹7.5 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
12
Provident fund records
About Transgear Power Systems Private Limited
Data last updated:
Transgear Power Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 14 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31104KA2014PTC077245. Its GSTIN is 29AAFCT1669J1ZU (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Raju and Gugi Somashekar Santhosh Kumar.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.45 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.26 Cr (net margin 2.5%) and EBITDA of ₹1.83 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 55% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Transgear Power Systems. As per MCA filings, the company has open charges of ₹7.5 Cr on record.
Transgear Power Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0051844). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tgps.in.
Company Details of Transgear Power Systems Private Limited
CIN U31104KA2014PTC077245
Registration Number 077245
Incorporation Date 14 November 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0051844
Recognitions & Rankings of Transgear Power Systems
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSyno.49/1A Siteno.50A&50B 1st Cross 8th Main S.L.V Industrial Estate Peenya 2nd Stat, Ge, Bangalore, Karnataka, India – 560058
- IndustryEnergy and Power, BoP & BTG Services, Power Equipment Manufacturers, Power EPC
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Associated Brands with Transgear Power Systems Private Limited
Transgear Power Systems operates one associated brand: Transgear Power Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of electrical power systems, transformers, and switchgear panels for utilities and industries. | tgps.in |
Business Activity of Transgear Power Systems Private Limited
The main business activity of Transgear Power Systems 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Transgear Power Systems Private Limited FY 2024 filings available
Transgear Power Systems Private Limited reported revenue of ₹50.45 Cr (up 12% YoY) for FY 2024.
Revenue · FY 2024
₹50.45 Cr ▲ 12%
Net profit · FY 2024
₹1.26 Cr margin 2.5%
EBITDA · FY 2024
₹1.83 Cr margin 3.6%
Compounded Annual Growth Rate (CAGR) of Transgear Power Systems Private Limited
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 60%
5 years · compounded
▲ 55%
EBITDA CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 98%
5 years · compounded
▲ 81%
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 12% growth in the latest year. EBITDA rose 50% 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 Transgear Power Systems Private Limited
| 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 | ₹1.83 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.26 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 of Transgear Power Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 Transgear Power Systems are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Transgear Power Systems Private Limited
Transgear Power Systems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju | Director | 14 Nov 2014 | 11 Years 11 Months | Current |
| Gugi Somashekar Santhosh Kumar | Director | 18 Sep 2015 | 11 Years 1 Months | Current |
Peer Comparison of Transgear Power Systems Private Limited
Transgear Power Systems Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indo-Tech Magnetics Private Limited | ₹50.69 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Orbit Electromech India Private Limited | ₹50.66 Cr (FY 2024) | •••• | •••• | 3633.0% | •••• | Aurangabad, Maharashtra, India |
| Matel Motion and Energy Solutions Private Limited | ₹50.65 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Pune, Maharashtra, India |
| Sheetsol Private Limited | ₹50.58 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Dharsiwa, Chhattisgarh, India |
| Vidata Powertech Limited | ₹50.58 Cr (FY 2025) | •••• | •••• | 136.0% | •••• | Pune, Maharashtra, India |
| Transgear Power Systems Private Limited this company | ₹50.45 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Goldstar Power Limited Listed | ₹50.42 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Jamnagar, Gujarat, India |
| Shreevari Energy Systems Private Limited | ₹50.37 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Chennai, Tamil Nadu, India |
| Transpares Limited | ₹50.36 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Ahmedabad, Gujarat, India |
| Western Modular Switches Private Limited | ₹50.32 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Vasai East, Maharashtra, India |
| Shreya Ex-Tech Private Limited | ₹50.06 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Transgear Power Systems by revenue in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers), 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 Transgear Power Systems Private Limited
Transgear Power Systems Private Limited is audited by JAYARAJA AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAYARAJA AND ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Transgear Power Systems Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Transgear Power Systems Private Limited
Open charges
₹7.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Aug 2022 | Hdfc Bank Limited | ₹2 Cr | Open |
| 27 Aug 2021 | Hdfc Bank Limited | ₹5.5 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Transgear Power Systems Private Limited
Transgear Power Systems Private Limited has a workforce of 12 employees as of Apr 06, 2024.
Employee count
12
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Transgear Power Systems Private Limited
Transgear Power Systems Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Mounesh Erappa Matti Halli ceased to be Director on 04 Jun 2016.
Charges
A charge with Hdfc Bank Limited of Rs. 550.00 Lakh registered on 27 Aug 2021 with Charge ID 100480060 was modified on 15 Sep 2025.
AGM
Transgear Power Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Transgear Power Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100624754 was registered on 04 Aug 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 550.00 Lakh with Charge ID 100480060 was registered on 27 Aug 2021.
Ceased
Mounesh Erappa Matti Halli ceased to be Director.
Ceased
Anser Mohammed ceased to be Director.
Ceased
Arekalludoddy Srinivas Vinay Kumar ceased to be Director.
Appointed
Gugi Somashekar Santhosh Kumar was appointed as Director.
Appointed
Raju was appointed as Director.
Incorporation
14 Nov 2014
Transgear Power Systems Private Limited was registered on 14 Nov 2014 with Roc Bangalore & aged 11 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Transgear Power Systems Private Limited
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MSME Payment Delays by Transgear Power Systems Private Limited
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Subsidiaries & Group Companies of Transgear Power Systems Private Limited
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Corporate group structure
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GST Compliance of Transgear Power Systems Private Limited
Transgear Power Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCT1669J1ZU | Karnataka | Active | 01 Jul 2017 |
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MCA Filings & Documents of Transgear Power Systems Private Limited
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Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Transgear Power Systems Private Limited
Transgear Power Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 14 November 2014 (12+ years old) and is registered under CIN U31104KA2014PTC077245.
Transgear Power Systems reported revenue of ₹50.45 Cr for FY 2024 (up 12% YoY).
Transgear Power Systems has 2 current directors:
- Raju - Director
- Gugi Somashekar Santhosh Kumar - Director
Transgear Power Systems reported a net profit of ₹1.26 Cr (net margin 2.5%) and EBITDA of ₹1.83 Cr (EBITDA margin 3.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Transgear Power Systems is 60% over three years and 55% over five years. In the latest year (FY 2024) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Transgear Power Systems is 29AAFCT1669J1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Transgear Power Systems is U31104KA2014PTC077245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transgear Power Systems was incorporated on 14 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Transgear Power Systems by revenue are Indo-Tech Magnetics Private Limited, Orbit Electromech India Private Limited, Matel Motion and Energy Solutions Private Limited, Sheetsol Private Limited, Vidata Powertech Limited and 5 more, all in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers).
Mounesh Erappa Matti Halli ceased to be Director on 04 Jun 2016. Anser Mohammed ceased to be Director on 18 Sep 2015. Arekalludoddy Srinivas Vinay Kumar ceased to be Director on 18 Sep 2015. Transgear Power Systems has 5 board changes on record in total.
Yes, Transgear Power Systems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0051844).