MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-29-0002063
Vijeta Switchgear Pvt Ltd - consumer electronics & durables in Sangli, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹56.92 Cr
▲ 16% YoY
Net profit · FY 2024
₹39.72 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹3.53 Cr
EBITDA margin 6.2%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹30.78 Cr
Satisfied ₹58.07 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
43
Provident fund records
About Vijeta Switchgear Pvt Ltd
Data last updated:
Vijeta Switchgear Pvt Ltd is a private limited company based in Sangli, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 23 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U32102PN2003PTC018060. Its GSTIN is 27AABCV7421Q1ZS (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Prasad Prashant Dixit (Managing Director) and Sudhir Parshuram Patwardhan.
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 E 26 MIDC Kupwad, Sangli, Maharashtra, India – 416416.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.92 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹39.72 Lakh (net margin 0.7%) and EBITDA of ₹3.53 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 6% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vijeta. As per MCA filings, the company has open charges of ₹30.78 Cr and satisfied charges of ₹58.07 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2010. 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, 2 larger and 5 smaller; the largest is Alpha Arc Private Limited with revenue of ₹57.45 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 1,902 overdue payments to 79 micro and small suppliers.
Vijeta Switchgear Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-29-0002063). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vijetagroup.com.
Company details
CIN U32102PN2003PTC018060
Registration Number 018060
Incorporation Date 23 June 2003
ROC Pune
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-MH-29-0002063
Key People
Prasad Prashant Dixit Managing Director Sudhir Parshuram Patwardhan Director Mandar Pandurang Gokhale Director Recognitions & Rankings of Vijeta Switchgear
Contact details
Vijeta Switchgear Pvt Ltd's registered office is in Sangli, Maharashtra. Its website is vijetagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE 26 MIDC Kupwad, Sangli, Maharashtra, India – 416416
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Vijeta Switchgear Pvt Ltd, buy the company report.
Comprehensive company report
Vijeta Switchgear Pvt Ltd - 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
Vijeta Switchgear operates one associated brand: Vijeta. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of control panels and provision of engineering services in India. | vijetagroup.com |
Business activity
The main business activity of Vijeta Switchgear 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 Vijeta Switchgear Pvt Ltd, buy the company report.
Financials of Vijeta Switchgear Pvt Ltd
FY 2025 filings availableVijeta Switchgear Pvt Ltd reported revenue of ₹56.92 Cr (up 16% YoY) for FY 2024.
Revenue · FY 2024
₹56.92 Cr ▲ 16%
Net profit · FY 2024
₹39.72 Lakh margin 0.7%
EBITDA · FY 2024
₹3.53 Cr margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 12%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 9%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 16% growth in the latest year. EBITDA rose 20% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.72 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| 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 | 6.2% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Vijeta Switchgear Pvt Ltd, buy the company report.
Board of directors of Vijeta Switchgear Pvt Ltd
Vijeta Switchgear has 5 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 |
|---|---|---|---|---|
| Sudhir Parshuram Patwardhan Also directs: Vglobe Marcom Private Limited | Director | 10 May 2010 | 16 Years 5 Months | Current |
| Mandar Pandurang Gokhale | Director | 04 May 2020 | 6 Years 5 Months | Current |
| Prasad Prashant Dixit | Managing Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Bhakti Prasad Dixit | Director | 05 Apr 2021 | 5 Years 6 Months | Current |
| Priya Prashant Dixit | Director | 05 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Vijeta Switchgear Pvt 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 |
|---|---|---|---|---|---|---|
| Alpha Arc Private Limited | ₹57.45 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Vajra Transpower Private Limited | ₹56.99 Cr (FY 2024) | 20.0% | Hyderabad, Telangana, India | |||
| Vijeta Switchgear Pvt Ltdthis company | ₹56.92 Cr (FY 2024) | ₹39.72 Lakh | 0.7% | 16.0% | 43 | Sangli, Maharashtra, India |
| Electro Crimp Contacts (India) Private Limited | ₹56.89 Cr (FY 2024) | 25.0% | Nashik, Maharashtra, India | |||
| Ike Electric Private Limited | ₹56.76 Cr (FY 2025) | 4.0% | Pune, Maharashtra, India | |||
| Kryfs Fabrications Private Limited | ₹56.52 Cr (FY 2025) | 30.0% | Bhopal, Madhya Pradesh, India | |||
| Entraco-Bks Busducts Private Limited | ₹56.43 Cr (FY 2025) | 102.0% | Nashik, Maharashtra, India | |||
| Affinity Power Private Limited | ₹56.4 Cr (FY 2024) | 47.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Vijeta Switchgear Pvt Ltd, buy the company report.
Auditor
Vijeta Switchgear Pvt Ltd is audited by Khire Khandekar & Kirloskar for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khire Khandekar & Kirloskar | FY 2023 | 105148W |
Shareholding
The shareholding of Vijeta Switchgear Pvt Ltd 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 Vijeta Switchgear Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹30.78 Cr
Satisfied charges
₹58.07 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2025 | 101185059 | Others | ₹5 Cr | Open | |
| 28 Oct 2025 | 101185078 | Others | ₹7 Cr | Open | |
| 28 Oct 2025 | 101185084 | Others | ₹4.5 Cr | Open | |
| 24 Mar 2025 | 101065573 | Sidbi | ₹40.12 Lakh | Open | |
| 01 Dec 2023 | 100831729 | Sidbi | ₹1.74 Cr | Open |
To see the full charge records of Vijeta Switchgear Pvt Ltd, buy the company report.
Total charge records: 37 View all charges
Deals & funding
Vijeta Switchgear Pvt Ltd has 1 deal on record (1 secondary share transfer); the latest was in March 2010.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vijeta Switchgear Pvt Ltd has 3 court cases on record: 1 filed by Vijeta Switchgear, 2 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangli, Maharashtra | Court case (R.C.A.) | Filed against the company | Pending |
| District court, Sangli, Maharashtra | Court case (Civil M.A.) | Filed against the company | Pending |
| District court, Sangli, Maharashtra | Civil suit | Filed by the company against District Collector Sangli and 3 others | Disposed |
To see the full case history of Vijeta Switchgear Pvt 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.
Credit ratings & regulatory alerts
Vijeta Switchgear Pvt Ltd was last rated by Crisil on 07 Mar 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 07 Mar 2019 |
To see the full credit ratings and regulatory alerts of Vijeta Switchgear Pvt Ltd, buy the company report.
MSME payment delays
Vijeta Switchgear Pvt Ltd has 9 MSME Form 1 returns on record between 2019 and 2023, listing 1,902 overdue payments to 79 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 79)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Unique Tools and Presscomps Private Limited | |||
| Manas Industries, Ahmednagar | |||
| B. Rameshkumar Metals Private Limited | |||
| Aristo Foils Mfg.Co. | |||
| an individual supplier |
To see the full MSME payment records of Vijeta Switchgear Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vijeta Switchgear Pvt Ltd has a workforce of 43 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
43
Active EPFO establishments
1
Employee growth
-29.51%
GST
Vijeta Switchgear has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV7421Q1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vijeta Switchgear Pvt Ltd, buy the company report.
Recent activity
Vijeta Switchgear Pvt Ltd has 13 board changes on record since 2003: 9 appointments and 4 cessations. The latest: Hemant Chintaman Phatak ceased to be Director on 06 Jan 2025.
Charges
A charge with Others of Rs. 500.00 Lakh registered on 28 Oct 2025 with Charge ID 101185059 was modified on 29 Dec 2025.
Charges
A charge with Others of Rs. 700.00 Lakh registered on 28 Oct 2025 with Charge ID 101185078 was modified on 29 Dec 2025.
Charges
A charge with Others of Rs. 450.00 Lakh registered on 28 Oct 2025 with Charge ID 101185084 was modified on 29 Dec 2025.
Charges
A charge registered on 26 Jun 2018 via Charge ID 100194771 with Others was fully satisfied on 22 Dec 2025.
Charges
A charge registered on 30 Aug 2023 via Charge ID 100830696 with Others was fully satisfied on 02 Dec 2025.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 101185059 was registered on 28 Oct 2025.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 101185078 was registered on 28 Oct 2025.
Charges
A charge with Others amounted to Rs. 450.00 Lakh with Charge ID 101185084 was registered on 28 Oct 2025.
AGM
Vijeta Switchgear Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vijeta Switchgear Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Sidbi amounted to Rs. 40.12 Lakh with Charge ID 101065573 was registered on 24 Mar 2025.
Ceased
Hemant Chintaman Phatak ceased to be Director.
77 earlier events are in the company report.
Frequently asked questions
Vijeta Switchgear is an active private limited company based in Sangli, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 23 June 2003 (23+ years old) and is registered under CIN U32102PN2003PTC018060.
Vijeta Switchgear has 5 current directors:
- Prasad Prashant Dixit - Managing Director
- Sudhir Parshuram Patwardhan - Director
- Mandar Pandurang Gokhale - Director
- Bhakti Prasad Dixit - Director
- Priya Prashant Dixit - Director
The latest financial statements of Vijeta Switchgear 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 Vijeta Switchgear is 27AABCV7421Q1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vijeta Switchgear is U32102PN2003PTC018060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vijeta Switchgear has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending.
Vijeta Switchgear was incorporated on 23 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Pune.
Vijeta Switchgear has 1 deal on record (1 secondary share transfer); the latest was in March 2010.
The peers of Vijeta Switchgear by revenue are Alpha Arc Private Limited, Vajra Transpower Private Limited, Electro Crimp Contacts (India) Private Limited, Ike Electric Private Limited, Kryfs Fabrications Private 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).
Hemant Chintaman Phatak ceased to be Director on 06 Jan 2025. Prashant Madhav Dixit ceased to be Director on 12 Jul 2024. Bhakti Prasad Dixit was appointed as Director on 05 Apr 2021. Vijeta Switchgear has 13 board changes on record in total.
Yes, Vijeta Switchgear is registered as a small enterprise under Udyam registration (number: UDYAM-MH-29-0002063).
Vijeta Switchgear has 9 MSME Form 1 returns on record between 2019 and 2023, listing 1,902 overdue payments to 79 micro and small suppliers. The latest return was filed on 29 Aug 2023.