About Xylon Electrotechnic Private Limited
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Xylon Electrotechnic 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 28 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1994PTC023992. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.1 Cr. It was formerly known as Xylon Holdings Pvt Ltd. It is led by directors including Shekhar Kunjbehari Shah and Vishwas Mahadeo Desai.
Its last annual general meeting (AGM) was held on 29 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Arun Complexflat No 3 36 Alkapuri, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2017, the company reported a revenue of ₹10.26 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹80.23 Lakh and EBITDA of -₹42.3 Lakh (EBITDA margin -412.2%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
As per MCA filings, the company has open charges of ₹23.12 Cr and satisfied charges of ₹1.72 Cr on record. Court records list 25 cases involving the company, including 3 filed by the company and 22 filed against it; 4 cases are pending.
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 xylon.co.in.
Company details
Contact details
Xylon Electrotechnic Private Limited's registered office is in Vadodara, Gujarat. Its website is xylon.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressArun Complexflat No 3 36 Alkapuri, Vadodara, Gujarat, India – 390007
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Xylon Electrotechnic Private 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
Business activity
The main business activity of Xylon Electrotechnic 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 Xylon Electrotechnic Private Limited, buy the company report.
Financials of Xylon Electrotechnic Private Limited
FY 2019 filings availableXylon Electrotechnic Private Limited reported revenue of ₹10.26 Lakh (up 4% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 49% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹10.26 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹42.3 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹80.23 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -412.2% | ||
| Net Profit Margin | |||
| 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 Xylon Electrotechnic Private Limited, buy the company report.
Board of directors of Xylon Electrotechnic Private Limited
Xylon Electrotechnic has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwas Mahadeo Desai | Additional Director | 10 Aug 2010 | 16 Years 2 Months | Current |
| Ajay Mansingrao Salunkhe | Additional Director | 16 Feb 2010 | 16 Years 8 Months | Current |
| Shilpa Shekhar Shah | Additional Director | 01 Oct 2011 | 15 Years 0 Months | Current |
| Shekhar Kunjbehari Shah | Director | 28 Dec 1994 | 31 Years 9 Months | Current |
Peer comparison
Xylon Electrotechnic Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Shri Bihariji Concrete & Poles Private Limited | ₹10.46 Lakh (FY 2025) | -47.0% | Shikohabad, Uttar Pradesh, India | |||
| Photonix Solar Private Limited | ₹10.26 Lakh (FY 2019) | -89.0% | Wai, Maharashtra, India | |||
| Xylon Electrotechnic Private Limitedthis company | ₹10.26 Lakh (FY 2017) | -₹80.23 Lakh | 4.0% | Vadodara, Gujarat, India | ||
| Sang Won Machinery India Private Limited | ₹10.23 Lakh (FY 2022) | -94.0% | Andhra Pradesh, India |
To see the full peer comparison of Xylon Electrotechnic Private Limited, buy the company report.
Auditor
Xylon Electrotechnic Private Limited is audited by CHAITANYA C DALAL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHAITANYA C DALAL & CO | FY 2017 | 101632W |
Shareholding
The shareholding of Xylon Electrotechnic Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Xylon Electrotechnic Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2008 | 10087951 | Invent Assets Securitisation and Reconstruction Private Limited | ₹21.56 Cr | Open | |
| 12 Dec 2005 | 80042697 | Icici Bank Limited | ₹83.85 Lakh | Open | |
| 28 Feb 2005 | 90101079 | Icici Bank Limited | ₹72 Lakh | Open | |
| 27 Apr 2005 | 90101099 | Icici Bank Limited | ₹54.35 Lakh | Satisfied | |
| 30 Sep 1998 | 90098901 | Small Industries Development Bank of India | ₹1.1 Cr | Satisfied |
To see the full charge records of Xylon Electrotechnic Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Xylon Electrotechnic Private Limited has 25 court cases on record: 3 filed by Xylon Electrotechnic, 22 filed against it. 4 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 3 |
| High courts | 7 | 5 | 0 |
| Supreme Court | 3 | 2 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Appeal | Filed against the company by The Candle Light Company Pvt Ltd | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed against the company by Epcos India Private Limited | Disposed |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed against the company by Epitome Components Ltd. and 1 other | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Shogini Technoarts Pvt. Ltd. | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (P.Appeal) | Filed against the company by an individual | Pending |
To see the full case history of Xylon Electrotechnic 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 Xylon Electrotechnic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Xylon Electrotechnic has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Xylon Electrotechnic Private Limited, buy the company report.
Recent activity
Xylon Electrotechnic Private Limited has 7 board changes on record since 1994: 4 appointments and 3 cessations. The latest: Shilpa Shekhar Shah was appointed as Additional Director on 01 Oct 2011.
9 earlier events are in the company report.
Frequently asked questions
Xylon Electrotechnic 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 28 December 1994 (32+ years old) and is registered under CIN U45201GJ1994PTC023992.
Xylon Electrotechnic has 4 current directors:
- Vishwas Mahadeo Desai - Additional Director
- Ajay Mansingrao Salunkhe - Additional Director
- Shilpa Shekhar Shah - Additional Director
- Shekhar Kunjbehari Shah - Director
The latest financial statements of Xylon Electrotechnic on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 29 September 2019. Year-wise statements from 2015 are in the company report.
No. Xylon Electrotechnic has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Xylon Electrotechnic is U45201GJ1994PTC023992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xylon Electrotechnic has 25 court cases on record: 3 filed by the company and 22 filed against it. 4 are pending. Most are in the district courts.
Xylon Electrotechnic was incorporated on 28 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Xylon Electrotechnic by revenue are Shri Bihariji Concrete & Poles Private Limited, Photonix Solar Private Limited, Sang Won Machinery India 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).
Shilpa Shekhar Shah was appointed as Additional Director on 01 Oct 2011. Vishwas Mahadeo Desai was appointed as Additional Director on 10 Aug 2010. Ajay Mansingrao Salunkhe was appointed as Additional Director on 16 Feb 2010. Xylon Electrotechnic has 7 board changes on record in total.
Xylon Electrotechnic can be reached through the website xylon.co.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Xylon Electrotechnic is at Arun Complexflat No 3 36 Alkapuri, Vadodara, Gujarat, India – 390007.