MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-01-0002099
Trisquare Switchgears Private Limited - energy and power in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹376.44 Cr
▲ 30% YoY
Net profit · FY 2025
₹21.06 Cr
Net margin 5.6%
EBITDA · FY 2025
₹37.18 Cr
EBITDA margin 9.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹92.26 Cr
Satisfied ₹4.5 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
234
Provident fund records
About Trisquare Switchgears Private Limited
Data last updated:
Trisquare Switchgears Private Limited is a private 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 12 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL2004PTC129829. Its GSTIN is 07AACCT1257H1ZG (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Cr. It is led by directors Nitin Mittal and Shikha Mittal.
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 4574/15 Padam Chand Marg Ansari Road Darya Ganj, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2025, the company reported a revenue of ₹376.44 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹21.06 Cr (net margin 5.6%) and EBITDA of ₹37.18 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 32% over five years.
The company has about 234 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Trisquare Switchgears. As per MCA filings, the company has open charges of ₹92.26 Cr and satisfied charges of ₹4.5 Cr on record. Court records list 20 cases involving the company, including 13 filed by the company and 7 filed against it; 4 cases are pending. The company has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹44.5 Lakh; the latest was in March 2020. Its 5 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 2 smaller; the largest is Quality Power Electrical Equipments Limited with revenue of ₹392.35 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 147 overdue payments to 60 micro and small suppliers.
Trisquare Switchgears Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0002099). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trisquarespl.com.
Company details
CIN U31909DL2004PTC129829
Registration Number 129829
Incorporation Date 12 October 2004
ROC Delhi
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 Medium
Udyam Registration UDYAM-DL-01-0002099
Key People
Nitin Mittal Director Shikha Mittal Director Recognitions & Rankings of Trisquare Switchgears
Contact details
Trisquare Switchgears Private Limited's registered office is in New Delhi, Delhi. Its website is trisquarespl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4574/15 Padam Chand Marg Ansari Road Darya Ganj, New Delhi, Delhi, India – 110002
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Trisquare Switchgears Private Limited, buy the company report.
Comprehensive company report
Trisquare Switchgears Private 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
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Brands
Trisquare Switchgears operates one associated brand: Trisquare Switchgears. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Switchgears and solutions for energy and renewable sectors in India. | trisquarespl.com |
Business activity
The main business activity of Trisquare Switchgears 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 Trisquare Switchgears Private Limited, buy the company report.
Financials of Trisquare Switchgears Private Limited
FY 2024 filings availableTrisquare Switchgears Private Limited reported revenue of ₹376.44 Cr (up 30% YoY) for FY 2025.
Revenue · FY 2025
₹376.44 Cr ▲ 30%
Net profit · FY 2025
₹21.06 Cr margin 5.6%
EBITDA · FY 2025
₹37.18 Cr margin 9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 37%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 77%
3 years · compounded
▲ 50%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 30% growth in the latest year. EBITDA rose 77% 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 |
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| Total Expenses | |||||
| EBITDA | ₹37.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.06 Cr | ||||
| Balance Sheet | |||||
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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 | 9.9% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Trisquare Switchgears Private Limited, buy the company report.
Board of directors of Trisquare Switchgears Private Limited
Trisquare Switchgears has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Mittal | Director | 12 Oct 2004 | 22 Years 0 Months | Current |
| Shikha Mittal | Director | 01 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Trisquare Switchgears Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Quality Power Electrical Equipments Limited | ₹392.35 Cr (FY 2025) | 18.0% | Sangli, Maharashtra, India | |||
| JCB Power Products India Private Limited | ₹379.39 Cr (FY 2025) | -20.0% | New Delhi, Delhi, India | |||
| Meiden T&D (India) Limited | ₹378.49 Cr (FY 2025) | 34.0% | New Delhi, Delhi, India | |||
| Trisquare Switchgears Private Limitedthis company | ₹376.44 Cr (FY 2025) | ₹21.06 Cr | 5.6% | 30.0% | 234 | New Delhi, Delhi, India |
| Trimaster Private Limited | ₹374.84 Cr (FY 2025) | 13.0% | Delhi, India | |||
| Ganpati Infrapower Private Limited | ₹368.51 Cr (FY 2025) | 70.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Trisquare Switchgears Private Limited, buy the company report.
Auditor
Trisquare Switchgears Private Limited is audited by HKG & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HKG & Associates | FY 2023 | 023526N |
Shareholding
The shareholding of Trisquare Switchgears Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Trisquare Switchgears Private Limited, buy the company report.
Charges & borrowings
Open charges
₹92.26 Cr
Satisfied charges
₹4.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2023 | 100758857 | Others | ₹88.3 Cr | Open | |
| 11 Feb 2021 | 100419767 | Others | ₹11 Lakh | Open | |
| 22 Jul 2020 | 100357186 | Others | ₹1.84 Cr | Open | |
| 09 Aug 2008 | 10119054 | Others | ₹2.01 Cr | Open | |
| 21 Aug 2019 | 100282239 | Tata Capital Financial Services Limited | ₹4.5 Cr | Satisfied |
To see the full charge records of Trisquare Switchgears Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Trisquare Switchgears Private Limited has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹44.5 Lakh; the latest was in March 2020.
Total deals
6
Secondary share transfers
4
Rights issue
1
Funding round
1
Disclosed funding
₹44.5 Lakh
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Rights issue | ₹50 Lakh | Investors: 3 individuals |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Nitin Mittal Huf, Sameer Mittal Huf, 2 individuals Seller: 2 individuals |
| Mar 2014 | Funding round | ₹44.5 Lakh | Investors: 3 individuals |
To see the full deal history of Trisquare Switchgears Private 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
Trisquare Switchgears Private Limited has 20 court cases on record: 13 filed by Trisquare Switchgears, 7 filed against it. 4 cases are pending and 16 are disposed.
Total cases
20
Filed by the company
13
Filed against the company
7
Pending
4
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 4 | 3 |
| High courts | 6 | 3 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Commercial suit | Filed by the company against Earth Epc Projects Pvt Ltd | Pending |
| High Court of Delhi | Appeal | Filed by the company against SPML Infra Limited | Pending |
| High Court of Delhi | Court case (FAO (COMM)) | Filed against the company by M/S SPML Infra Limited | Disposed |
| District court, New Delhi, Delhi | Court case (OMP (I) (COMM.)) | Filed by the company against M/S Shapoorji Pallonji and Company Private Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Shapoorji Pallonji and Company Pvt Ltd & Anr. | Disposed |
To see the full case history of Trisquare Switchgears Private 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
Trisquare Switchgears Private Limited was last rated by Acuite on 06 May 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 06 May 2026 |
To see the full credit ratings and regulatory alerts of Trisquare Switchgears Private Limited, buy the company report.
MSME payment delays
Trisquare Switchgears Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 147 overdue payments to 60 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 60)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Debak Enterprises Private Limited | |||
| Shree Anant Electric Stores | |||
| Baroda Bushings & Insulators LLP | |||
| A-Bond Strands Private Limited | |||
| Bhagwati Electricals |
To see the full MSME payment records of Trisquare Switchgears Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Trisquare Switchgears Private Limited has a workforce of 234 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
234
Active EPFO establishments
1
Employee growth
16.42%
GST
Trisquare Switchgears has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCT1257H1ZG | Delhi | Active | 01 Jul 2017 |
| 06AACCT1257H1ZI | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Trisquare Switchgears Private Limited, buy the company report.
Recent activity
Trisquare Switchgears Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Sameer Mittal ceased to be Director on 13 May 2024.
Charges
A charge with Others of Rs. 88.30 Cr registered on 15 Jul 2023 with Charge ID 100758857 was modified on 20 Mar 2025.
AGM
Trisquare Switchgears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Sameer Mittal ceased to be Director.
Filing
Trisquare Switchgears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Shikha Mittal was appointed as Director.
Charges
A charge with Others amounted to Rs. 88.30 Cr with Charge ID 100758857 was registered on 15 Jul 2023.
Charges
A charge with Others of Rs. 2.01 Cr registered on 09 Aug 2008 with Charge ID 10119054 was modified on 15 Mar 2022.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100419767 was registered on 11 Feb 2021.
Charges
A charge registered on 21 Aug 2019 via Charge ID 100282239 with Tata Capital Financial Services Limited was fully satisfied on 21 Oct 2020.
Charges
A charge with Others amounted to Rs. 1.84 Cr with Charge ID 100357186 was registered on 22 Jul 2020.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 4.50 Cr with Charge ID 100282239 was registered on 21 Aug 2019.
Charges
A charge with Others amounted to Rs. 2.01 Cr with Charge ID 10119054 was registered on 09 Aug 2008.
2 earlier events are in the company report.
Frequently asked questions
Trisquare Switchgears is an active private 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 12 October 2004 (22+ years old) and is registered under CIN U31909DL2004PTC129829.
Trisquare Switchgears has 2 current directors:
- Nitin Mittal - Director
- Shikha Mittal - Director
The latest financial statements of Trisquare Switchgears on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Trisquare Switchgears is 07AACCT1257H1ZG, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AACCT1257H1ZI (Haryana).
The CIN (Corporate Identification Number) of Trisquare Switchgears is U31909DL2004PTC129829. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trisquare Switchgears has 20 court cases on record: 13 filed by the company and 7 filed against it. 4 are pending. Most are in the district courts.
Trisquare Switchgears was incorporated on 12 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Trisquare Switchgears has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹44.5 Lakh; the latest was in March 2020.
The peers of Trisquare Switchgears by revenue are Quality Power Electrical Equipments Limited, JCB Power Products India Private Limited, Meiden T&D (India) Limited, Trimaster Private Limited, Ganpati Infrapower 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).
Sameer Mittal ceased to be Director on 13 May 2024. Shikha Mittal was appointed as Director on 01 Mar 2024. Nitin Mittal was appointed as Director on 12 Oct 2004.
Yes, Trisquare Switchgears is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-01-0002099).
Trisquare Switchgears has 9 MSME Form 1 returns on record between 2019 and 2023, listing 147 overdue payments to 60 micro and small suppliers. The latest return was filed on 20 Jan 2024.