MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0075649
XL Electricals Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹23.37 Cr
▼ 18% YoY
Net profit · FY 2024
₹29.88 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹1.14 Cr
EBITDA margin 4.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
28 yrs
Est. 1998
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About XL Electricals Private Limited
Data last updated:
XL Electricals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 20 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31401MH1998PTC114068. Its GSTIN is 27AAACP9708P1ZR (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Pavior Investment Company Private Limited. It is led by directors including Nishel Deepakkumar Shah and Mitesh Deepak Shah.
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 71 Mangaldas Road Lohar Chawl, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.37 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹29.88 Lakh (net margin 1.3%) and EBITDA of ₹1.14 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 35% over five years.
The company is associated with 1 brand: XL Electricals.
XL Electricals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0075649). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website xlelectricals.com.
Company Details of XL Electricals Private Limited
CIN U31401MH1998PTC114068
Registration Number 114068
Incorporation Date 20 March 1998
ROC Mumbai
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-19-0075649
CIN History of XL Electricals Private Limited
XL Electricals has one previous CIN (Corporate Identification Number): U65990MH1998PTC114068. The current CIN is U31401MH1998PTC114068, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31401MH1998PTC114068 | Current |
| U65990MH1998PTC114068 | Previous |
Recognitions & Rankings of XL Electricals
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address71 Mangaldas Road Lohar Chawl, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
Comprehensive company report
XL Electricals Private Limited - one report that includes everything
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- Legal cases, compliance and MCA filings
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Associated Brands with XL Electricals Private Limited
XL Electricals operates one associated brand: XL Electricals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distribution of electrical and lighting products for industrial and commercial use. | xlelectricals.com |
Business Activity of XL Electricals Private Limited
The main business activity of XL Electricals is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of XL Electricals Private Limited FY 2025 filings available
XL Electricals Private Limited reported revenue of ₹23.37 Cr (down 18% YoY) for FY 2024.
Revenue · FY 2024
₹23.37 Cr ▼ 18%
Net profit · FY 2024
₹29.88 Lakh margin 1.3%
EBITDA · FY 2024
₹1.14 Cr margin 4.9%
Compounded Annual Growth Rate (CAGR) of XL Electricals Private Limited
Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 6%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 4%
5 years · compounded
▲ 35%
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 24% 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 of XL Electricals Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29.88 Lakh | •••• | •••• | •••• | •••• |
| 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 of XL Electricals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of XL Electricals are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of XL Electricals Private Limited
XL Electricals has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishel Deepakkumar Shah Also directs: Pramish Lighting LLP, Luce Vita Private Limited | Director | 15 Dec 2003 | 22 Years 10 Months | Current |
| Mitesh Deepak Shah Also directs: Pramish Lighting LLP, Luce Vita Private Limited | Director | 02 Aug 2010 | 16 Years 2 Months | Current |
| Daxa Deepak Shah | Director | 18 Apr 2019 | 7 Years 6 Months | Current |
Peer Comparison of XL Electricals Private Limited
XL Electricals Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Omnidext Works and Consultancy Private Limited | ₹23.45 Cr (FY 2025) | •••• | •••• | 520.0% | •••• | Dehradun, Uttarakhand, India |
| Lightalive Solutions Private Limited | ₹23.45 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Mumbai, Maharashtra, India |
| G. P. Distributors Private Limited | ₹23.4 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Lucknow, Uttar Pradesh, India |
| Rectus Marketing Advisory Private Limited | ₹23.4 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Ernakulam, Kerala, India |
| Adhunik Switchgears Pvt Ltd | ₹23.38 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| XL Electricals Private Limited this company | ₹23.37 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Micromax Technologies Private Limited. | ₹23.33 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
| Tresor Ventures Private Limited | ₹23.32 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | New Delhi, Delhi, India |
| Ayzo International Private Limited | ₹23.31 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Shreelight Power Private Limited | ₹23.3 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Vadodara, Gujarat, India |
| Prakash Fabcon and Engineering Private Limited | ₹23.29 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below XL Electricals by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of XL Electricals Private Limited
XL Electricals Private Limited is audited by KARIA CHHEDA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KARIA CHHEDA & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Verified entity values are shown only after access is granted.
Ownership and Shareholding of XL Electricals Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of XL Electricals Private Limited
XL Electricals Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at XL Electricals Private Limited
Employment history and EPFO contributions of people linked to XL Electricals.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on XL Electricals Private Limited
XL Electricals Private Limited has 7 board changes on record since 2003: 5 appointments and 2 cessations. The latest: Chandrakant Chimanlal Shah ceased to be Additional Director on 31 Mar 2022.
AGM
Xl Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Xl Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Chandrakant Chimanlal Shah ceased to be Additional Director.
Appointed
Chandrakant Chimanlal Shah was appointed as Additional Director.
Appointed
Daxa Deepak Shah was appointed as Director.
Ceased
Dipakkumar Chimanlal Shah ceased to be Director.
Appointed
Mitesh Deepak Shah was appointed as Director.
Appointed
Dipakkumar Chimanlal Shah was appointed as Director.
Appointed
Nishel Deepakkumar Shah was appointed as Director.
Incorporation
20 Mar 1998
Xl Electricals Private Limited was registered on 20 Mar 1998 with Roc Mumbai I & aged 28 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for XL Electricals Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by XL Electricals Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of XL Electricals Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of XL Electricals Private Limited
XL Electricals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP9708P1ZR | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of XL Electricals Private Limited
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MCA filings and documents
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Frequently Asked Questions about XL Electricals Private Limited
XL Electricals is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 20 March 1998 (28+ years old) and is registered under CIN U31401MH1998PTC114068.
XL Electricals reported revenue of ₹23.37 Cr for FY 2024 (down 18% YoY).
XL Electricals has 3 current directors:
- Nishel Deepakkumar Shah - Director
- Mitesh Deepak Shah - Director
- Daxa Deepak Shah - Director
XL Electricals reported a net profit of ₹29.88 Lakh (net margin 1.3%) and EBITDA of ₹1.14 Cr (EBITDA margin 4.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of XL Electricals is 6% over three years and 35% over five years. In the latest year (FY 2024) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of XL Electricals is 27AAACP9708P1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of XL Electricals is U31401MH1998PTC114068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
XL Electricals was incorporated on 20 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of XL Electricals by revenue are Omnidext Works and Consultancy Private Limited, Lightalive Solutions Private Limited, G. P. Distributors Private Limited, Rectus Marketing Advisory Private Limited, Adhunik Switchgears Pvt Ltd and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Chandrakant Chimanlal Shah ceased to be Additional Director on 31 Mar 2022. Chandrakant Chimanlal Shah was appointed as Additional Director on 18 Feb 2021. Daxa Deepak Shah was appointed as Director on 18 Apr 2019. XL Electricals has 7 board changes on record in total.
Yes, XL Electricals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0075649).