About Zetex Engineers Private Limited
Data last updated:
Zetex Engineers Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 29 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29199MH2006PTC162911. Its GSTIN is 27AAACZ2640L1Z4 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹95 Lakh. It is led by directors including Ravi Pichaya and Rita Balasubramoniam.
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 Asa – 06 Ashvin Nagar – Cidco, Nashik, Maharashtra, India – 422009.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.97 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹18.72 Lakh and EBITDA of -₹18.72 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 67% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zetex Engineers Private Limited. As per MCA filings, the company has satisfied charges of ₹125.23 Cr on record. Court records list 3 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zetex.tel.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressAsa – 06 Ashvin Nagar – Cidco, Nashik, Maharashtra, India – 422009
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Associated Brands with Zetex Engineers Private Limited
Zetex Engineers operates one associated brand: Zetex Engineers Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of instrument transformers and electrical components in India. | zetex.tel |
Financials of Zetex Engineers Private Limited FY 2025 filings available
Zetex Engineers Private Limited reported revenue of ₹1.97 Lakh (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Zetex Engineers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years, including a 6% fall 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 Zetex Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹18.72 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹18.72 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 Zetex Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Zetex Engineers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Zetex Engineers Private Limited
Zetex Engineers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Pichaya | Director | 29 Jun 2006 | 20 Years 3 Months | Current |
| Rita Balasubramoniam | Director | 25 Feb 2007 | 19 Years 7 Months | Current |
| Sivasanthanam Gita | Director | 08 May 2023 | 3 Years 5 Months | Current |
Peer Comparison of Zetex Engineers Private Limited
Zetex Engineers Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sinewave Synergy India Private Limited | ₹2.01 Lakh (FY 2020) | •••• | •••• | -90.0% | •••• | Chennai, Tamil Nadu, India |
| Hi-Tech Potentiometers Private Limited | ₹2 Lakh (FY 2019) | •••• | •••• | -65.0% | •••• | Hyderabad, Telangana, India |
| Agadh Power Transmission Private Limited | ₹2 Lakh (FY 2017) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Oxide Power Products Private Limited | ₹1.98 Lakh (FY 2021) | •••• | •••• | •••• | Bhiwadi, Rajasthan, India | |
| Indyro Global Technologies Private Limited | ₹1.98 Lakh (FY 2024) | •••• | •••• | 1217.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Zetex Engineers Private Limited this company | ₹1.97 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Nashik, Maharashtra, India |
| Current Electricals Limited | ₹1.97 Lakh (FY 2022) | •••• | •••• | -94.0% | •••• | Chennai, Tamil Nadu, India |
| Dandera Technologies Private Limited | ₹1.96 Lakh (FY 2025) | •••• | •••• | -97.0% | •••• | Gurugram, Haryana, India |
| Shi Switchgears Private Limited | ₹1.96 Lakh (FY 2023) | •••• | •••• | -42.0% | •••• | Delhi, India |
| Namotirupati Green Energy Private Limited | ₹1.92 Lakh (FY 2025) | •••• | •••• | •••• | Latur, Maharashtra, India | |
| Sunsumo Exim Technologies Private Limited | ₹1.92 Lakh (FY 2019) | •••• | •••• | 39.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Zetex Engineers by revenue in the Power industry (Power Equipment Manufacturers), 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 Zetex Engineers Private Limited
Zetex Engineers Private Limited is audited by S.R. Rahalkar and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Rahalkar and Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Zetex Engineers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Zetex Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2017 | The South Indian Bank Limited | ₹8.83 Cr | Satisfied |
| 07 Jun 2017 | Others | ₹75 Lakh | Satisfied |
| 27 Nov 2014 | The Shamrao Vitthal Cooperative Bank Limited | ₹12 Lakh | Satisfied |
| 25 Mar 2013 | Others | ₹9.02 Cr | Satisfied |
| 22 Dec 2010 | The Shamrao Vitthal Cooperative Bank Limited | ₹20.2 Cr | Satisfied |
Total charge records: 15 View all charges
Legal Cases of Zetex Engineers Private Limited
Zetex Engineers Private Limited has 3 court cases on record: 2 filed against it, 1 where it is another party. 1 case is pending and 2 are disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Company is another party | Pending |
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax-I | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Zetex Engineers Private Limited
Employment history and EPFO contributions of people linked to Zetex Engineers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Zetex Engineers Private Limited
Zetex Engineers Private Limited has 7 board changes on record since 2006: 5 appointments and 2 cessations. The latest: Sivasanthanam Gita was appointed as Director on 08 May 2023.
35 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Zetex Engineers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Zetex Engineers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Zetex Engineers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Zetex Engineers Private Limited
Zetex Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ2640L1Z4 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Zetex Engineers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Zetex Engineers Private Limited
Zetex Engineers is an active private limited company based in Nashik, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 29 June 2006 (20+ years old) and is registered under CIN U29199MH2006PTC162911.
Zetex Engineers reported revenue of ₹1.97 Lakh for FY 2025 (down 6% YoY).
Zetex Engineers has 3 current directors:
- Ravi Pichaya - Director
- Rita Balasubramoniam - Director
- Sivasanthanam Gita - Director
Zetex Engineers reported a net loss of ₹18.72 Lakh and EBITDA of -₹18.72 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Zetex Engineers is -67% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Zetex Engineers is 27AAACZ2640L1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Zetex Engineers is U29199MH2006PTC162911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zetex Engineers has 3 court cases on record: 2 filed against it. 1 is pending. Most are in the high courts.
Zetex Engineers was incorporated on 29 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Zetex Engineers by revenue are Sinewave Synergy India Private Limited, Hi-Tech Potentiometers Private Limited, Agadh Power Transmission Private Limited, Oxide Power Products Private Limited, Indyro Global Technologies Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Sivasanthanam Gita was appointed as Director on 08 May 2023. Santha Pichaya ceased to be Director on 16 Nov 2021. Vijay Kaliapillai Pichaya ceased to be Director on 07 Jun 2014. Zetex Engineers has 7 board changes on record in total.