MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-23-0014935
Victor Switch Gear Private Limited - automotive in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹26.66 Cr
▼ 50% YoY
Net profit · FY 2020
₹4.37 Cr
Net margin 16.4%
EBITDA · FY 2020
₹6.7 Cr
EBITDA margin 25.1%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹2.21 Cr
Issued & subscribed
Open charges
₹56.11 Cr
Satisfied ₹51.98 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
47
Provident fund records
About Victor Switch Gear Private Limited
Data last updated:
Victor Switch Gear Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 22 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31909MH2005PTC154156. Its GSTIN is 27AACCV0651K1Z9 (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.21 Cr. It is led by directors Anjali Shastri and Nitish Vijay Shastri.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Raniviraj 6 Asher Estate Nashik Road, Maharashtra, India – 422101.
As per the financials filed for FY 2020, the company reported a revenue of ₹26.66 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹4.37 Cr (net margin 16.4%) and EBITDA of ₹6.7 Cr (EBITDA margin 25.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 15% over five years.
The company has about 47 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹56.11 Cr and satisfied charges of ₹51.98 Cr on record. Court records list 35 cases involving the company, including 6 filed by the company and 29 filed against it; 6 cases are pending.
Victor Switch Gear Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-23-0014935). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website victorindia.com.
Company details
CIN U31909MH2005PTC154156
Registration Number 154156
Incorporation Date 22 June 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Non-Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-23-0014935
Recognitions & Rankings of Victor Switch Gear
Contact details
Victor Switch Gear Private Limited's registered office is in Nashik, Maharashtra. Its website is victorindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRaniviraj 6 Asher Estate Nashik Road, Maharashtra, India – 422101
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Victor Switch Gear Private Limited, buy the company report.
Comprehensive company report
Victor Switch Gear 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Victor Switch Gear 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 Victor Switch Gear Private Limited, buy the company report.
Financials of Victor Switch Gear Private Limited
FY 2020 filings availableVictor Switch Gear Private Limited reported revenue of ₹26.66 Cr (down 50% YoY) for FY 2020.
Revenue · FY 2020
₹26.66 Cr ▼ 50%
Net profit · FY 2020
₹4.37 Cr margin 16.4%
EBITDA · FY 2020
₹6.7 Cr margin 25.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▲ 9%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 20%
5 years · compounded
▲ 23%
Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 25% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.66 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.37 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.1% | ||||
| Net Profit Margin | 16.4% | ||||
| 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 Victor Switch Gear Private Limited, buy the company report.
Board of directors of Victor Switch Gear Private Limited
Victor Switch Gear has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjali Shastri | Director | 01 Feb 2006 | 20 Years 8 Months | Current |
| Nitish Vijay Shastri | Director | 22 Jun 2005 | 21 Years 4 Months | Current |
Auditor
Victor Switch Gear Private Limited is audited by N S S & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S S & CO | FY 2020 | 137959W |
Shareholding
The shareholding of Victor Switch Gear Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Victor Switch Gear Private Limited, buy the company report.
Charges & borrowings
Open charges
₹56.11 Cr
Satisfied charges
₹51.98 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2020 | 100372497 | Others | ₹1.4 Lakh | Open | |
| 04 Oct 2019 | 100303609 | Yes Bank Limited | ₹15 Cr | Open | |
| 02 Jul 2019 | 100323534 | Others | ₹15 Cr | Open | |
| 21 Dec 2018 | 100250060 | Others | ₹1.18 Cr | Open | |
| 24 May 2018 | 100188370 | Others | ₹56.44 Lakh | Open |
To see the full charge records of Victor Switch Gear Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Victor Switch Gear Private Limited has 35 court cases on record: 6 filed by Victor Switch Gear, 29 filed against it. 6 cases are pending and 29 are disposed.
Total cases
35
Filed by the company
6
Filed against the company
29
Pending
6
Disposed
29
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 26 | 4 |
| High courts | 5 | 3 | 2 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ecl Finance Limited. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Adhunik Transport Organisation Ltd Through Its Represenative Mr Ramesh Anna Said | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Yes Bank Limited | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Edelweiss Retail Finance Limited | Disposed |
To see the full case history of Victor Switch Gear 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Victor Switch Gear Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Victor Switch Gear Private Limited has a workforce of 47 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
47
Active EPFO establishments
1
Employee growth
2.17%
GST
Victor Switch Gear has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV0651K1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Victor Switch Gear Private Limited, buy the company report.
Recent activity
Victor Switch Gear Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Rani Vijay Shastri ceased to be Director on 06 Mar 2020.
Charges
A charge with Others of Rs. 15.00 Cr registered on 02 Jul 2019 with Charge ID 100323534 was modified on 13 Dec 2024.
Charges
A charge with Others of Rs. 0.59 Cr registered on 25 Jan 2018 with Charge ID 100208429 was modified on 29 Mar 2023.
Charges
A charge with Others of Rs. 21.00 Cr registered on 22 Sep 2016 with Charge ID 100069104 was modified on 23 Feb 2022.
AGM
Victor Switch Gear Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.01 Cr with Charge ID 100372497 was registered on 28 Aug 2020.
Filing
Victor Switch Gear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai Ii.
Ceased
Rani Vijay Shastri ceased to be Director.
Ceased
Vijay Rishideo Shastri ceased to be Director.
Ceased
Adit Nitish Shastri ceased to be Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100303609 was registered on 04 Oct 2019.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100323534 was registered on 02 Jul 2019.
Charges
A charge with Others amounted to Rs. 1.18 Cr with Charge ID 100250060 was registered on 21 Dec 2018.
31 earlier events are in the company report.
Frequently asked questions
Victor Switch Gear is an active private limited company based in Nashik, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 22 June 2005 (21+ years old) and is registered under CIN U31909MH2005PTC154156.
Victor Switch Gear has 2 current directors:
- Anjali Shastri - Director
- Nitish Vijay Shastri - Director
The latest financial statements of Victor Switch Gear on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Victor Switch Gear is 27AACCV0651K1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Victor Switch Gear is U31909MH2005PTC154156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Victor Switch Gear has 35 court cases on record: 6 filed by the company and 29 filed against it. 6 are pending. Most are in the district courts.
Victor Switch Gear was incorporated on 22 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Rani Vijay Shastri ceased to be Director on 06 Mar 2020. Vijay Rishideo Shastri ceased to be Director on 06 Mar 2020. Adit Nitish Shastri ceased to be Director on 10 Dec 2019. Victor Switch Gear has 6 board changes on record in total.
Yes, Victor Switch Gear is registered as an MSME under Udyam registration (number: UDYAM-MH-23-0014935).
Victor Switch Gear can be reached through the website victorindia.com. Its registered office is in Nashik, Maharashtra, India.