- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-04-0001388

About Tricolite Electrical Industries Ltd
Data last updated:
Tricolite Electrical Industries Ltd is a public limited company based in New Delhi, Delhi, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 19 March 1987 and has been in existence for over 39 years.
Its director Jasbir Singh Gujral is #1,202 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL1987PLC027351. Its GSTIN is 06AAACT0401H1Z0 (Haryana). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹11.5 Cr and a paid-up capital of ₹2.89 Cr. It was formerly known as Tricolite Electrical Industries Pvt Ltd. It is led by directors including Meera Kumar Chauhan (Whole-Time Director) and Amitabh Nangia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 70A/13 Najafgarh Road Industrial Area, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹363.66 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹26.17 Cr (net margin 7.2%) and EBITDA of ₹39.83 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 26% over five years.
The company has about 128 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tricolite. As per MCA filings, the company has open charges of ₹102.43 Cr and satisfied charges of ₹160.69 Cr on record. Court records list 12 cases involving the company, including 10 filed by the company and 2 filed against it; 4 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2008. Its 7 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 and 4 smaller; the largest is Ganpati Infrapower Private Limited with revenue of ₹368.51 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 319 overdue payments to 14 micro and small suppliers.
Tricolite Electrical Industries Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-04-0001388). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tricolite.com.
Company details
CIN history
Tricolite Electrical Industries has one previous CIN (Corporate Identification Number): U74899DL1987PTC027351. The current CIN is U74999DL1987PLC027351, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999DL1987PLC027351 | Current |
| U74899DL1987PTC027351 | Previous |
Recognitions & Rankings of Tricolite Electrical Industries
- #1,202 Jasbir Singh Gujral ₹2,000 Cr
Contact details
Tricolite Electrical Industries Ltd's registered office is in New Delhi, Delhi. Its website is tricolite.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address70A/13 Najafgarh Road Industrial Area, New Delhi, Delhi, India – 110015
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Tricolite Electrical Industries Ltd, 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
Brands
Tricolite Electrical Industries operates one associated brand: Tricolite. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of custom switchboards and power solutions in India. | tricolite.com |
Business activity
The main business activity of Tricolite Electrical Industries 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 Tricolite Electrical Industries Ltd, buy the company report.
Financials of Tricolite Electrical Industries Ltd
FY 2025 filings availableTricolite Electrical Industries Ltd reported revenue of ₹363.66 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 24% growth in the latest year. EBITDA rose 33% 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 | ₹363.66 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹39.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.17 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 | 11% | ||||
| Net Profit Margin | 7.2% | ||||
| 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 Tricolite Electrical Industries Ltd, buy the company report.
Board of directors and KMP of Tricolite Electrical Industries Ltd
Tricolite Electrical Industries Ltd currently reports 6 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipin Khanna | Director | 20 Mar 2015 | 11 Years 7 Months | Current |
| Abhishek Nangia Also directs: Ashwamedha Organics LLP, Teevrgati Electric LLP, Tricolite Energy Solutions Private Limited and 1 more | Director | 06 Aug 2005 | 21 Years 2 Months | Current |
| Gautam Kumar | Ceo | 16 Apr 2024 | 2 Years 6 Months | Current |
| Jasbir Singh Gujral Also directs: Syrma SGS Technology Limited, Shinhyup Syrma Circuits Private Limited, Syrma Mobility Private Limited and 5 more | Director | 18 Sep 2024 | 2 Years 1 Months | Current |
| Meera Kumar Chauhan Also directs: Madhav Vardhan Private Limited, Ramdhan Social Foundation | Whole-Time Director | 06 Aug 2005 | 21 Years 2 Months | Current |
| Pradeep Kumar Bajaj | Director | 21 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Tricolite Electrical Industries Ltd is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Ganpati Infrapower Private Limited | ₹368.51 Cr (FY 2025) | 70.0% | Jaipur, Rajasthan, India | |||
| Jay Bee Laminations Limited | ₹368.38 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Technocrafts Electric Private Limited | ₹365.77 Cr (FY 2025) | 59.0% | Mumbai, Maharashtra, India | |||
| Tricolite Electrical Industries Ltdthis company | ₹363.66 Cr (FY 2025) | ₹26.17 Cr | 7.2% | 24.0% | 128 | New Delhi, Delhi, India |
| Shreem Electric Limited | ₹363.32 Cr (FY 2025) | 10.0% | Hatkanangale, Maharashtra, India | |||
| Tesla Power Equipments and Projects Limited | ₹362.37 Cr (FY 2025) | 43.0% | Bhopal, Madhya Pradesh, India | |||
| Cu-Built Renewable Energy Private Limited | ₹361.6 Cr (FY 2025) | 263.0% | Pune, Maharashtra, India | |||
| Igus (India) Private Limited | ₹355.07 Cr (FY 2025) | 13.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Tricolite Electrical Industries Ltd, buy the company report.
Auditor
Tricolite Electrical Industries Ltd is audited by Arun Malhotra & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Arun Malhotra & Associates | FY 2025 | 002563N |
Shareholding
The shareholding of Tricolite Electrical Industries Ltd is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tricolite Electrical Industries Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2025 | 101164512 | Others | ₹91.56 Lakh | Open | |
| 12 Jun 2025 | 101164511 | Others | ₹1.64 Cr | Open | |
| 16 Oct 2023 | 100794968 | Others | ₹46.67 Lakh | Open | |
| 24 Aug 2023 | 100780596 | Others | ₹2.11 Cr | Open | |
| 09 Nov 2022 | 100628936 | The Hongkong and Shanghai Banking Corporation Limited | ₹6.8 Cr | Open |
To see the full charge records of Tricolite Electrical Industries Ltd, buy the company report.
Total charge records: 49 View all charges
Deals & funding
Tricolite Electrical Industries Ltd has 2 deals on record (2 secondary share transfers); the latest was in March 2008.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: IJ Kumar & Sons HUF |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tricolite Electrical Industries Ltd has 12 court cases on record: 10 filed by Tricolite Electrical Industries, 2 filed against it. 4 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 3 |
| High courts | 3 | 1 | 0 |
| Supreme Court | 2 | 1 | 0 |
| NCLAT | 2 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court III | Tribunal matter | Filed by the company against Wipro Limited | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Mas Project Engineers Pvt. Ltd and Ors. | Pending |
| District court, New Delhi, Delhi | Court case (T P (CRL)) | Filed by the company against M/S Mas Project Engineers Private Limited and Others | Disposed |
| NCLAT, Court I | Tribunal matter | Filed by the company against Wipro Limited | Disposed |
| NCLT, NCLT New Delhi | Insolvency matter | Filed by the company against HBN Homes Colonisers Pvt. Ltd. | Disposed |
To see the full case history of Tricolite Electrical Industries Ltd, 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
Tricolite Electrical Industries Ltd has 4 MSME Form 1 returns on record between 2019 and 2020, listing 319 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pragati Electricals Private Limited | |||
| Aarcee Mittal & Bros. | |||
| an individual supplier | |||
| Adhunik Automation India | |||
| Automatic Electric Limited |
To see the full MSME payment records of Tricolite Electrical Industries Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Tricolite Electrical Industries Ltd has a workforce of 128 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Tricolite Electrical Industries has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACT0401H1Z0 | Haryana | Active | 01 Jul 2017 |
| 09AAACT0401H1ZU | Uttar Pradesh | Active | 01 Jul 2017 |
| 09AAACT0401H2ZT | Uttar Pradesh | Active | 05 Oct 2018 |
| 06AAACT0401H2ZZ | Haryana | Active | 01 Jul 2024 |
To see the full GST registrations and return filing status of Tricolite Electrical Industries Ltd, buy the company report.
Recent activity
Tricolite Electrical Industries Ltd has 16 board changes on record since 1987: 7 appointments and 9 cessations. The latest: Jasbir Singh Gujral ceased to be Additional Director on 29 Sep 2024.
118 earlier events are in the company report.
Frequently asked questions
Tricolite Electrical Industries is an active public limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 19 March 1987 (39+ years old) and is registered under CIN U74999DL1987PLC027351.
Tricolite Electrical Industries has 7 current directors and KMP:
- Meera Kumar Chauhan - Whole-Time Director
- Amitabh Nangia - Whole-Time Director
- Vipin Khanna - Director
- Abhishek Nangia - Director
- Jasbir Singh Gujral - Director
- Pradeep Kumar Bajaj - Director
- Gautam Kumar - Ceo
The latest financial statements of Tricolite Electrical Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tricolite Electrical Industries is 06AAACT0401H1Z0, registered in Haryana. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 09AAACT0401H1ZU (Uttar Pradesh), 09AAACT0401H2ZT (Uttar Pradesh), 06AAACT0401H2ZZ (Haryana).
The CIN (Corporate Identification Number) of Tricolite Electrical Industries is U74999DL1987PLC027351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tricolite Electrical Industries has 12 court cases on record: 10 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Tricolite Electrical Industries was incorporated on 19 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Delhi.
Tricolite Electrical Industries has 2 deals on record (2 secondary share transfers); the latest was in March 2008.
The peers of Tricolite Electrical Industries by revenue are Ganpati Infrapower Private Limited, Jay Bee Laminations Limited, Technocrafts Electric Private Limited, Shreem Electric Limited, Tesla Power Equipments and Projects Limited and 2 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).
Jasbir Singh Gujral ceased to be Additional Director on 29 Sep 2024. Pradeep Kumar Bajaj ceased to be Additional Director on 29 Sep 2024. Jasbir Singh Gujral was appointed as Director on 18 Sep 2024. Tricolite Electrical Industries has 16 board changes on record in total.
Yes, Tricolite Electrical Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-04-0001388).
Tricolite Electrical Industries has 4 MSME Form 1 returns on record between 2019 and 2020, listing 319 overdue payments to 14 micro and small suppliers. The latest return was filed on 27 Sep 2020.

