MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0038730
Transit Electronics Limited - information technology in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹77.83 Cr
▼ 12% YoY
Net profit · FY 2024
₹2.23 Cr
Net margin 2.9%
EBITDA · FY 2024
₹3.89 Cr
EBITDA margin 5%
Authorised capital
₹5.25 Cr
Registered with MCA
Paid-up capital
₹3.75 Cr
Issued & subscribed
Open charges
₹23.18 Cr
Secured borrowings
Company age
30 yrs
Est. 1996
Employees · EPFO
169
Provident fund records
About Transit Electronics Limited
Data last updated:
Transit Electronics Limited is a public limited company based in Surat, Gujarat, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 17 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U30009GJ1996PLC030950. Its GSTIN is 24AAACT8762H2Z5 (Gujarat). The company holds 8 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹3.75 Cr. It was formerly known as Transit Electronics Private Limited. It is led by directors including Dipesh Shashikant Dasadia (Managing Director) and Kamlesh Laljibhai Marviya (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 2025. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹77.83 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹2.23 Cr (net margin 2.9%) and EBITDA of ₹3.89 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 3% over five years.
The company has about 169 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Transit Electronics. As per MCA filings, the company has open charges of ₹23.18 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
Transit Electronics Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0038730). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website transit.co.in.
Company details
CIN U30009GJ1996PLC030950
Registration Number 030950
Incorporation Date 17 October 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0038730
CIN history
Transit Electronics has one previous CIN (Corporate Identification Number): U30009GJ1996PTC030950. The current CIN is U30009GJ1996PLC030950, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U30009GJ1996PLC030950 | Current |
| U30009GJ1996PTC030950 | Previous |
Key People
Dipesh Shashikant Dasadia Managing Director Kamlesh Laljibhai Marviya Whole-Time Director Kalpesh Rajnikant Shah Whole-Time Director Recognitions & Rankings of Transit Electronics
Contact details
Transit Electronics Limited's registered office is in Surat, Gujarat. Its website is transit.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGr Floor Shop – G/7 S.N.S Interio Near Cng Gas Station Althan Road Bhatar Char Rasta, Althan, Surat, Gujarat, India – 395007
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Transit Electronics Limited, buy the company report.
Comprehensive company report
Transit Electronics Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Transit Electronics operates one associated brand: Transit Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Security, surveillance, IT systems, and monitoring solutions in India. | transit.co.in |
Business activity
The main business activity of Transit Electronics is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Transit Electronics Limited, buy the company report.
Financials of Transit Electronics Limited
FY 2025 filings availableTransit Electronics Limited reported revenue of ₹77.83 Cr (down 12% YoY) for FY 2024.
Revenue · FY 2024
₹77.83 Cr ▼ 12%
Net profit · FY 2024
₹2.23 Cr margin 2.9%
EBITDA · FY 2024
₹3.89 Cr margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 39%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 1%
5 years · compounded
▼ 13%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 36% 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 |
|---|---|---|---|---|---|
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| Other Income | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.23 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Transit Electronics Limited, buy the company report.
Board of directors of Transit Electronics Limited
Transit Electronics has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Laljibhai Marviya Also directs: Transit Geo System Integrators Private Limited | Whole-Time Director | 08 Feb 2013 | 13 Years 8 Months | Current |
| Dipesh Shashikant Dasadia Also directs: Transit Geo System Integrators Private Limited | Managing Director | 17 Oct 1996 | 30 Years 0 Months | Current |
| Kalpesh Rajnikant Shah Also directs: Transit Geo System Integrators Private Limited | Whole-Time Director | 17 Oct 1996 | 30 Years 0 Months | Current |
| Neha Dipeshbhai Dasadia Also directs: Transweb Security Systems LLP | Whole-Time Director | 29 Aug 2016 | 10 Years 1 Months | Current |
Auditor
Transit Electronics Limited is audited by MODY & MODY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MODY & MODY | FY 2023 | 140832W |
Shareholding
The shareholding of Transit Electronics 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Transit Electronics Limited, buy the company report.
Charges & borrowings
Open charges
₹23.18 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2025 | 101070739 | Hdfc Bank Limited | ₹7.3 Lakh | Open | |
| 23 Mar 2021 | 100430335 | Hdfc Bank Limited | ₹4.5 Lakh | Open | |
| 15 Mar 2017 | 100110982 | Hdfc Bank Limited | ₹18 Lakh | Open | |
| 30 Sep 2016 | 100110973 | Hdfc Bank Limited | ₹8.4 Lakh | Open | |
| 10 Jul 2014 | 10508055 | Hdfc Bank Limited | ₹22.8 Cr | Open |
To see the full charge records of Transit Electronics Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Transit Electronics Limited has 4 court cases on record: 4 filed by Transit Electronics. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Secure Power India Pvt Ltd and 3 others | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| High Court, GUJARAT | Court case (COMP) | Filed by the company | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
To see the full case history of Transit Electronics 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
Transit Electronics Limited has 19 MSME Form 1 returns on record between 2017 and 2024, listing 136 overdue payments to 40 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 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Infinova (India) Private Limited | |||
| DC Infotech and Communication Limited | |||
| Accurate PMS Private Limited | |||
| Fennec Fox Network | |||
| an individual supplier |
To see the full MSME payment records of Transit Electronics Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Transit Electronics Limited has a workforce of 169 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
169
Active EPFO establishments
1
Employee growth
25.19%
GST
Transit Electronics has 8 GST registrations: 2 active and 6 cancelled or inactive.
Total GSTINs
8
Active
2
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACT8762H2Z5 | Gujarat | Active | 01 Jul 2017 |
| 20AAACT8762H1ZE | Jharkhand | Active | 01 May 2025 |
To see the full GST registrations and return filing status of Transit Electronics Limited, buy the company report.
Recent activity
Transit Electronics Limited has 17 board changes on record since 1996: 5 appointments and 12 cessations. The latest: Sahil Jitendra Patel ceased to be Director on 01 Feb 2020.
AGM
Transit Electronics Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Transit Electronics Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 101070739 was registered on 28 Mar 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 22.80 Cr registered on 10 Jul 2014 with Charge ID 10508055 was modified on 27 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100430335 was registered on 23 Mar 2021.
Ceased
Sahil Jitendra Patel ceased to be Director.
Ceased
Vinod V Nadoda ceased to be Director.
Ceased
Minal Kalpesh Shah ceased to be Whole-Time Director.
Ceased
Anurag Jainsukh Jain ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100110982 was registered on 15 Mar 2017.
Ceased
Dipesh Shashikant Dasadia ceased to be Director.
Ceased
Kalpesh Rajnikant Shah ceased to be Director.
14 earlier events are in the company report.
Frequently asked questions
Transit Electronics is an active public limited company based in Surat, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 17 October 1996 (30+ years old) and is registered under CIN U30009GJ1996PLC030950.
Transit Electronics has 4 current directors:
- Dipesh Shashikant Dasadia - Managing Director
- Kamlesh Laljibhai Marviya - Whole-Time Director
- Kalpesh Rajnikant Shah - Whole-Time Director
- Neha Dipeshbhai Dasadia - Whole-Time Director
The latest financial statements of Transit Electronics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Transit Electronics is 24AAACT8762H2Z5, registered in Gujarat. The company has 8 GST registrations in all, of which 2 are active and 6 are cancelled or inactive. Other active GSTINs include 20AAACT8762H1ZE (Jharkhand).
The CIN (Corporate Identification Number) of Transit Electronics is U30009GJ1996PLC030950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transit Electronics has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the district courts.
Transit Electronics was incorporated on 17 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sahil Jitendra Patel ceased to be Director on 01 Feb 2020. Vinod V Nadoda ceased to be Director on 01 Feb 2020. Minal Kalpesh Shah ceased to be Whole-Time Director on 31 Mar 2019. Transit Electronics has 17 board changes on record in total.
Yes, Transit Electronics is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0038730).
Transit Electronics has 19 MSME Form 1 returns on record between 2017 and 2024, listing 136 overdue payments to 40 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Transit Electronics can be reached through the website transit.co.in. Its registered office is in Surat, Gujarat, India.