MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0017832
Tsi Power Private Limited - energy and power in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹34.83 Cr
▲ 13% YoY
Net profit · FY 2024
₹3.3 Cr
Net margin 9.5%
EBITDA · FY 2024
₹4.9 Cr
EBITDA margin 14.1%
Authorised capital
₹1.02 Cr
Registered with MCA
Paid-up capital
₹1.02 Cr
Issued & subscribed
Open charges
₹4.92 Cr
Satisfied ₹3 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
78
Provident fund records
About Tsi Power Private Limited
Data last updated:
Tsi Power Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 22 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31101GJ2011PTC108630. Its GSTIN is 24AADCT7711M1Z5 (Gujarat).
The company has an authorised share capital of ₹1.02 Cr and a paid-up capital of ₹1.02 Cr. It was formerly known as Tsi Elecpower Private Limited. It is led by directors including Rajesh Nandan Pande and Ashish Mittal.
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 Plot No : 154 – 155 Siddhi Industrial Infra Park Waghodia, Vadodara, Gujarat, India – 391760.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.83 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.3 Cr (net margin 9.5%) and EBITDA of ₹4.9 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.
The company has about 78 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TSi Power. As per MCA filings, the company has open charges of ₹4.92 Cr and satisfied charges of ₹3 Cr on record.
Tsi Power Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0017832). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tsipower.in.
Company details
CIN U31101GJ2011PTC108630
Registration Number 108630
Incorporation Date 22 February 2011
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 Small
Udyam Registration UDYAM-GJ-24-0017832
CIN history
Tsi Power has one previous CIN (Corporate Identification Number): U31101DL2011PTC214651. The current CIN is U31101GJ2011PTC108630, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31101GJ2011PTC108630 | Current |
| U31101DL2011PTC214651 | Previous |
Recognitions & Rankings of Tsi Power
Contact details
Tsi Power Private Limited's registered office is in Vadodara, Gujarat. Its website is tsipower.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No : 154 – 155 Siddhi Industrial Infra Park Waghodia, Vadodara, Gujarat, India – 391760
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Tsi Power Private Limited, buy the company report.
Comprehensive company report
Tsi Power 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
Tsi Power operates one associated brand: TSi Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Voltage regulators and power-related equipment are manufactured by TSi Power. | tsipower.in |
Business activity
The main business activity of Tsi Power 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 Tsi Power Private Limited, buy the company report.
Financials of Tsi Power Private Limited
FY 2025 filings availableTsi Power Private Limited reported revenue of ₹34.83 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹34.83 Cr ▲ 13%
Net profit · FY 2024
₹3.3 Cr margin 9.5%
EBITDA · FY 2024
₹4.9 Cr margin 14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 12%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 8%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 13% growth in the latest year. EBITDA rose 18% 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 | ₹34.83 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.3 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 9.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Tsi Power Private Limited, buy the company report.
Board of directors of Tsi Power Private Limited
Tsi Power has 4 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 |
|---|---|---|---|---|
| Rajesh Nandan Pande Also directs: Saurza Power Private Limited, Ayra Power Private Limited | Director | 22 Feb 2011 | 15 Years 8 Months | Current |
| Ashish Mittal Also directs: Saurza Power Private Limited, Ayra Power Private Limited | Director | 04 Feb 2023 | 3 Years 8 Months | Current |
| Umesh Kumar Also directs: Proace Telecommunications LLP, Mahelka Bioenergy Private Limited, Lami Tube Private Limited and 4 more | Director | 22 Feb 2011 | 15 Years 8 Months | Current |
| Peter Sane Nystrom | Director | 01 Oct 2012 | 14 Years 0 Months | Current |
Peer comparison
Tsi Power Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Adarsh Transformers Private Limited | ₹34.96 Cr (FY 2025) | 9.0% | Jaipur, Rajasthan, India | |||
| Industrial Perforation (India) Pvt Ltd | ₹34.85 Cr (FY 2025) | -19.0% | Kolkata, West Bengal, India | |||
| Tsi Power Private Limitedthis company | ₹34.83 Cr (FY 2024) | ₹3.3 Cr | 9.5% | 13.0% | 78 | Vadodara, Gujarat, India |
| SVG Control Systems Private Limited | ₹34.65 Cr (FY 2025) | 8.0% | Dabaspete, Karnataka, India | |||
| Gemini Instratech Limited | ₹34.65 Cr (FY 2025) | 5.0% | Thane, Maharashtra, India | |||
| Elettromil India Private Limited | ₹34.26 Cr (FY 2025) | -6.0% | Bangalore, Karnataka, India | |||
| Electropneumatics Drives and Controls Private Limited | ₹34.17 Cr (FY 2024) | 54.0% | Chakan, Maharashtra, India |
To see the full peer comparison of Tsi Power Private Limited, buy the company report.
Auditor
Tsi Power Private Limited is audited by PVSP & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PVSP & CO | FY 2024 | 008940N |
Shareholding
The shareholding of Tsi Power Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tsi Power Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.92 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2015 | 10610502 | Others | ₹3.67 Cr | Open | |
| 20 Oct 2014 | 10534447 | Others | ₹1.25 Cr | Open | |
| 23 Nov 2015 | 10610645 | Punjab National Bank | ₹3 Cr | Satisfied |
To see the full charge records of Tsi Power Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Tsi Power Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tsi Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tsi Power Private Limited has a workforce of 78 employees on its EPFO records as of Apr 21, 2025, across 1 active EPFO establishment.
Employee count
78
Active EPFO establishments
1
Employee growth
8.33%
GST
Tsi Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCT7711M1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tsi Power Private Limited, buy the company report.
Recent activity
Tsi Power Private Limited has 5 board changes on record since 2011: 4 appointments and 1 cessation. The latest: Ashish Mittal was appointed as Director on 04 Feb 2023.
AGM
Tsi Power Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tsi Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 3.67 Cr registered on 03 Dec 2015 with Charge ID 10610502 was modified on 14 Mar 2023.
Appointed
Ashish Mittal was appointed as Director.
Charges
A charge registered on 23 Nov 2015 via Charge ID 10610645 with Punjab National Bank was fully satisfied on 09 Jul 2020.
Charges
A charge with Others of Rs. 1.25 Cr registered on 20 Oct 2014 with Charge ID 10534447 was modified on 14 May 2020.
Charges
A charge with Others amounted to Rs. 3.67 Cr with Charge ID 10610502 was registered on 03 Dec 2015.
Charges
A charge with Punjab National Bank amounted to Rs. 3.00 Cr with Charge ID 10610645 was registered on 23 Nov 2015.
Charges
A charge with Others amounted to Rs. 1.25 Cr with Charge ID 10534447 was registered on 20 Oct 2014.
Ceased
Peter Sane Nystrom ceased to be Additional Director.
Appointed
Peter Sane Nystrom was appointed as Director.
Appointed
Rajesh Nandan Pande was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Tsi Power is an active private limited company based in Vadodara, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 22 February 2011 (15+ years old) and is registered under CIN U31101GJ2011PTC108630.
Tsi Power has 4 current directors:
- Rajesh Nandan Pande - Director
- Ashish Mittal - Director
- Umesh Kumar - Director
- Peter Sane Nystrom - Director
The latest financial statements of Tsi Power 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 Tsi Power is 24AADCT7711M1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Tsi Power is U31101GJ2011PTC108630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tsi Power was incorporated on 22 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Tsi Power by revenue are Adarsh Transformers Private Limited, Industrial Perforation (India) Pvt Ltd, SVG Control Systems Private Limited, Gemini Instratech Limited, Elettromil India Private Limited and 1 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).
Ashish Mittal was appointed as Director on 04 Feb 2023. Peter Sane Nystrom ceased to be Additional Director on 30 Sep 2013. Peter Sane Nystrom was appointed as Director on 01 Oct 2012. Tsi Power has 5 board changes on record in total.
Yes, Tsi Power is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0017832).
Tsi Power can be reached through the website tsipower.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Tsi Power is at Plot No : 154 – 155 Siddhi Industrial Infra Park Waghodia, Vadodara, Gujarat, India – 391760.