About Vijai Electricals Limited
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Vijai Electricals Limited is a public limited company based in Hyderabad, Andhra Pradesh, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 31 May 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U31909TG1980PLC002697. Its GSTIN is 36AAACV7259B1ZD (Telangana). The company holds 17 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹211 Cr and a paid-up capital of ₹86.65 Cr. It was formerly known as Vijai Electricals Private Limited. It is led by directors including Jai Ramesh Dasari (Managing Director) and Krishna Mohan Dasari.
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 6 – 3 – 648/1 & 2 Off Raj Bhavan Road Somajiguda, Hyderabad, Andhra Pradesh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹769.35 Cr, a growth of 110% compared to the previous year. For the same year it recorded a net profit of ₹47.83 Cr (net margin 6.2%) and EBITDA of ₹111.89 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 10% over five years.
The company has about 604 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Vijai Electricals. As per MCA filings, the company has open charges of ₹992.8 Cr and satisfied charges of ₹4,230.95 Cr on record. Court records list 208 cases involving the company, including 145 filed by the company and 63 filed against it; 80 cases are pending. The company has 10 deals on record (5 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹234.05 Cr; the latest was in December 2015. 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, 2 larger and 3 smaller; the largest is Century Infrapower Private Limited with revenue of ₹832.2 Cr. The company has 6 MSME Form 1 returns on record between 2018 and 2022, listing 78 overdue payments to 43 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vijaielectricals.com.
Company details
CIN history
Vijai Electricals has one previous CIN (Corporate Identification Number): U31909AP1980PLC002697. The current CIN is U31909TG1980PLC002697, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31909TG1980PLC002697 | Current |
| U31909AP1980PLC002697 | Previous |
Contact details
Vijai Electricals Limited's registered office is in Hyderabad, Andhra Pradesh. Its website is vijaielectricals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6 – 3 – 648/1 & 2 Off Raj Bhavan Road Somajiguda, Hyderabad, Andhra Pradesh, India
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Vijai Electricals Limited, 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
Vijai Electricals operates one associated brand: Vijai Electricals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Vijai Electricals Ltd - Manufacturers of Energy Efficient Amorphous Metal Transformers, Single / Three Phase Distribution and Power Transformers. | vijaielectricals.com |
Business activity
The main business activities of Vijai Electricals are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| 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 | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Vijai Electricals Limited, buy the company report.
Financials of Vijai Electricals Limited
FY 2024 filings availableVijai Electricals Limited reported revenue of ₹769.35 Cr (up 110% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 110% growth in the latest year. EBITDA rose 150% 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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| EBITDA | ₹111.89 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹47.83 Cr | ||||
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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 | 14.5% | ||||
| Net Profit Margin | 6.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Vijai Electricals Limited, buy the company report.
Board of directors of Vijai Electricals Limited
Vijai Electricals has 7 current directors and 35 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Mohan Dasari Also directs: Samrakshana Electricals Limited, Omnipath Circuits Limited | Director | 18 Oct 2000 | 26 Years 0 Months | Current |
| Jai Ramesh Dasari | Managing Director | 01 Jun 2015 | 11 Years 5 Months | Current |
| Usharani Dasari Also directs: Raveena's World Art LLP, Omnipath Circuits Limited | Director | 24 Sep 2015 | 11 Years 1 Months | Current |
| Ramakrishna Reddy Garisa Also directs: Parasakti Cement Industries Limited | Director | 09 Mar 2019 | 7 Years 7 Months | Current |
| Mani Palvesan Also directs: Zenplus Private Limited | Nominee Director | 02 May 2024 | 2 Years 6 Months | Current |
| Virendra Singh Verma Also directs: Reliance Infrastructure Limited, India Rural Energy and Power Private Limited, Bses Yamuna Power Limited and 2 more | Additional Director | 30 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Vijai Electricals 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 |
|---|---|---|---|---|---|---|
| Century Infrapower Private Limited | ₹832.2 Cr (FY 2025) | 54.0% | Jaipur, Rajasthan, India | |||
| Icon Solar-En Power Technologies Private Limited | ₹774.83 Cr (FY 2025) | 66.0% | Raipur, Chhattisgarh, India | |||
| Vijai Electricals Limitedthis company | ₹769.35 Cr (FY 2025) | ₹47.83 Cr | 6.2% | 110.0% | 604 | Hyderabad, Andhra Pradesh, India |
| Nucon Switchgears Pvt Ltd | ₹741.52 Cr (FY 2025) | 23.0% | Punjab, India | |||
| MSS India Private Limited | ₹737.67 Cr (FY 2023) | 12.0% | Nashik, Maharashtra, India | |||
| Narayan Power Tech Private Limited | ₹724 Cr (FY 2025) | 37.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Vijai Electricals Limited, buy the company report.
Auditor
Vijai Electricals Limited is audited by Saga r and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Saga r and Associates | FY 2023 | 003510S |
Shareholding
The shareholding of Vijai Electricals 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 Vijai Electricals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2025 | 101173878 | Others | ₹50 Cr | Open | |
| 17 Apr 2024 | 100914521 | Others | ₹105 Cr | Open | |
| 28 Jun 2012 | 10366831 | Sbicap Trustee Company Limited | ₹355.2 Cr | Open | |
| 15 Mar 2011 | 10276286 | Andhra Bank | ₹50 Cr | Open | |
| 25 Jan 2010 | 10200497 | L & T Finance Limited | ₹50 Cr | Open |
To see the full charge records of Vijai Electricals Limited, buy the company report.
Total charge records: 59 View all charges
Deals & funding
Vijai Electricals Limited has 10 deals on record (5 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹234.05 Cr; the latest was in December 2015.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2015 | Secondary share transfer | Undisclosed | Seller: 3i Capital |
| Mar 2014 | Secondary share transfer | Undisclosed | Seller: State Bank Of India, IDBI Bank Limited, Ing Vysya Bank Limited |
| Sep 2013 | Acquisition | ₹1,319.2 Cr | Buyer: Toshiba India Private Limited Seller: Vijai Electricals Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2006 | Funding round | ₹87.36 Cr | Investors: Samrakshana Electricals Limited , 3 individuals |
To see the full deal history of Vijai Electricals 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
Vijai Electricals Limited has 208 court cases on record: 145 filed by Vijai Electricals, 63 filed against it. 80 cases are pending and 128 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 109 | 33 | 24 |
| District courts | 82 | 22 | 49 |
| Supreme Court | 10 | 7 | 3 |
| NCLAT | 5 | 0 | 4 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 208)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by Jharkhand Bijli Vitran Nigam Limited | Pending |
| District court, Visakapatnam, Andhra Pradesh | Court case (CEP) | Filed by the company against Eastern Power Distribution Company of Andhra Pradesh Ltd Apepdcl | Pending |
| District court, Hyderabad CCC, Telangana | Court case (COP) | Filed by the company against M/S Transformers and Rectifiers India Ltd | Pending |
| District court, Visakapatnam, Andhra Pradesh | Court case (CAOP) | Filed against the company by Eastern Power Distribution Company of Andhra Pradesh Ltd Apepdcl | Pending |
| High Court, ANDHRAPRADESH | Revision petition | Filed against the company by Eastern Power Distribution Company of Andhra Pradesh Ltd., | Pending |
To see the full case history of Vijai Electricals 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
Vijai Electricals Limited was last rated by Crisil on 10 May 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 May 2018 |
To see the full credit ratings and regulatory alerts of Vijai Electricals Limited, buy the company report.
MSME payment delays
Vijai Electricals Limited has 6 MSME Form 1 returns on record between 2018 and 2022, listing 78 overdue payments to 43 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 43)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Samrakshana Electricals Limited | |||
| Sri Sairam Infra | |||
| Jainco Transmission Limited | |||
| Vinayak Ferrocon Industries | |||
| Blue Square Engineering Associates |
To see the full MSME payment records of Vijai Electricals Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Vijai Electricals has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Electro Teknica Switchgears Pvt Ltd | U28113WB1988PTC044317 | |
| Global Heavy Electricals Limited | U40105TG2007PLC056799 |
To see the full group structure of Vijai Electricals Limited, buy the company report.
Employees & EPFO
Vijai Electricals Limited has a workforce of 604 employees on its EPFO records as of Apr 05, 2024, across 3 active EPFO establishments.
GST
Vijai Electricals has 17 GST registrations: 13 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACV7259B1ZD | Telangana | Active | 01 Jul 2017 |
| 36AAACV7259B2ZC | Telangana | Active | 01 Aug 2020 |
| 05AAACV7259B1ZI | Uttarakhand | Active | 01 Jul 2017 |
| 09AAACV7259B1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vijai Electricals Limited, buy the company report.
Recent activity
Vijai Electricals Limited has 35 board changes on record since 2000: 7 appointments and 28 cessations. The latest: Mani Palvesan was appointed as Nominee Director on 02 May 2024.
174 earlier events are in the company report.
Frequently asked questions
Vijai Electricals is an active public limited company based in Hyderabad, Andhra Pradesh, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 31 May 1980 (46+ years old) and is registered under CIN U31909TG1980PLC002697.
Vijai Electricals has 7 current directors:
- Jai Ramesh Dasari - Managing Director
- Krishna Mohan Dasari - Director
- Usharani Dasari - Director
- Ramakrishna Reddy Garisa - Director
- Mani Palvesan - Nominee Director
- Virendra Singh Verma - Additional Director
- Venkata Balavardhan Rao Dasari - Director
The latest financial statements of Vijai Electricals 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 Vijai Electricals is 36AAACV7259B1ZD, registered in Telangana. The company has 17 GST registrations in all, of which 13 are active and 4 are cancelled or inactive. Other active GSTINs include 36AAACV7259B2ZC (Telangana), 05AAACV7259B1ZI (Uttarakhand), 09AAACV7259B1ZA (Uttar Pradesh).
The CIN (Corporate Identification Number) of Vijai Electricals is U31909TG1980PLC002697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vijai Electricals has 208 court cases on record: 145 filed by the company and 63 filed against it. 80 are pending. Most are in the high courts.
Vijai Electricals was incorporated on 31 May 1980, making it 46+ years old. It is registered with the Registrar of Companies, Hyderabad.
Vijai Electricals has 10 deals on record (5 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹234.05 Cr; the latest was in December 2015.
The peers of Vijai Electricals by revenue are Century Infrapower Private Limited, Icon Solar-En Power Technologies Private Limited, Nucon Switchgears Pvt Ltd, MSS India Private Limited, Narayan Power Tech 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).
Mani Palvesan was appointed as Nominee Director on 02 May 2024. Rajeev Krishnan ceased to be Nominee Director on 03 Apr 2024. Dattatraya Vishwanath Narke ceased to be Director on 31 Mar 2024. Vijai Electricals has 35 board changes on record in total.
Vijai Electricals has 6 MSME Form 1 returns on record between 2018 and 2022, listing 78 overdue payments to 43 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Vijai Electricals can be reached through the website vijaielectricals.com. Its registered office is in Hyderabad, Andhra Pradesh, India.
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