Vaigai Engineering Private Limited

Vaigai Engineering Private Limited - energy and power in Maraimalai Nagar, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U29142TN1999PTC043055 Incorporated 24 August 1999 ROC Chennai HQ Maraimalai Nagar, Tamil Nadu, India
Active Private Limited Company energy and power MSME · Small
Data last updated
Revenue · FY 2025
₹19.14 Cr
▲ 9% YoY
Net profit · FY 2025
₹69.74 Lakh
Net margin 3.6%
EBITDA · FY 2025
₹1.34 Cr
EBITDA margin 7%
Authorised capital
₹2.36 Cr
Registered with MCA
Paid-up capital
₹2.32 Cr
Issued & subscribed
Open charges
₹15.04 Lakh
Satisfied ₹3.06 Cr
Company age
27 yrs
Est. 1999
Directors on board
2
As per MCA filings

About Vaigai Engineering Private Limited

Data last updated:

Vaigai Engineering Private Limited is a private limited company based in Maraimalai Nagar, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 24 August 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29142TN1999PTC043055.

The company has an authorised share capital of ₹2.36 Cr and a paid-up capital of ₹2.32 Cr. It is led by directors Maharajan Suresh (Managing Director) and Madhuranthaki.

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 No.17 SIDCO Industrial Estate Phase VI, Maraimalai Nagar, Tamil Nadu, India – 603209.

As per the financials filed for FY 2025, the company reported a revenue of ₹19.14 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹69.74 Lakh (net margin 3.6%) and EBITDA of ₹1.34 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 23% over five years.

As per MCA filings, the company has open charges of ₹15.04 Lakh and satisfied charges of ₹3.06 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

Vaigai Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-34-0000803). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vaigaiengineering.com.

Company details

CIN U29142TN1999PTC043055
Registration Number 043055
Incorporation Date 24 August 1999
ROC Chennai
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-TN-34-0000803

Recognitions & Rankings of Vaigai Engineering

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-34-0000803

Contact details

Vaigai Engineering Private Limited's registered office is in Maraimalai Nagar, Tamil Nadu. Its website is vaigaiengineering.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.17 SIDCO Industrial Estate Phase VI, Maraimalai Nagar, Tamil Nadu, India – 603209
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Vaigai Engineering Private Limited, buy the company report.

Comprehensive company report
Vaigai Engineering Private Limited - 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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Business activity

The main business activity of Vaigai Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Vaigai Engineering Private Limited, buy the company report.

Financials of Vaigai Engineering Private Limited

FY 2025 filings available

Vaigai Engineering Private Limited reported revenue of ₹19.14 Cr (up 9% YoY) for FY 2025.

Revenue · FY 2025
₹19.14 Cr ▲ 9%
Net profit · FY 2025
₹69.74 Lakh margin 3.6%
EBITDA · FY 2025
₹1.34 Cr margin 7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 28%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 25%
5 years · compounded
▲ 15%

Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 9% growth in the latest year. EBITDA rose 4% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.34 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹69.74 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7%
Net Profit Margin3.6%
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 Vaigai Engineering Private Limited, buy the company report.

Board of directors of Vaigai Engineering Private Limited

Vaigai Engineering has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
MadhuranthakiDirector10 Aug 20215 Years 2 MonthsCurrent
Maharajan SureshManaging Director24 Aug 199927 Years 2 MonthsCurrent

Peer comparison

Vaigai Engineering Private Limited is compared with the 6 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Stanelec Pvt Ltd₹19.33 Cr (FY 2024)-2.0%Kolkata, West Bengal, India
Galaxy Indicators India Private Limited₹19.21 Cr (FY 2024)3.0%Faridabad, Haryana, India
Vaigai Engineering Private Limitedthis company₹19.14 Cr (FY 2025)₹69.74 Lakh3.6%9.0%Maraimalai Nagar, Tamil Nadu, India
Lexmark Radiators Private Limited₹18.99 Cr (FY 2025)20.0%Tal Savli, Gujarat, India
Inovic Power Solutions Private Limited₹18.9 Cr (FY 2025)-3.0%Hyderabad, Telangana, India
Southern Electric Controls India Private Limited₹18.86 Cr (FY 2024)13.0%Coimbatore, Tamil Nadu, India
SKL India Private Limited₹18.79 Cr (FY 2025)-9.0%Mumbai, Maharashtra, India

To see the full peer comparison of Vaigai Engineering Private Limited, buy the company report.

Auditor

Vaigai Engineering Private Limited is audited by AR. NAGAPPAN for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AR. NAGAPPANFY 2023203323

Shareholding

The shareholding of Vaigai Engineering Private 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vaigai Engineering Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15.04 Lakh
Satisfied charges
₹3.06 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹0.15 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jun 2023100789532Hdfc Bank Limited₹15.04 LakhOpen
09 Jun 2020100348820Others₹23 LakhSatisfied
18 Apr 2018100172234Others₹50 LakhSatisfied
27 Mar 2017100092212Others₹22.6 LakhSatisfied
22 Mar 201310413380Tamilnadu Industrial Investment Corporation Limited₹2.1 CrSatisfied

To see the full charge records of Vaigai Engineering Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vaigai Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Vaigai Engineering Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Vaigai Engineering Private Limited has 4 board changes on record since 1999: 2 appointments and 2 cessations. The latest: Durai Raj Maharajan ceased to be Director on 10 Aug 2021.

AGM
Vaigai Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vaigai Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100789532 was registered on 30 Jun 2023.
Charges
A charge registered on 09 Jun 2020 via Charge ID 100348820 with Others was fully satisfied on 10 Aug 2022.
Charges
A charge registered on 18 Apr 2018 via Charge ID 100172234 with Others was fully satisfied on 10 Aug 2022.
Charges
A charge registered on 27 Mar 2017 via Charge ID 100092212 with Others was fully satisfied on 10 Aug 2022.
Charges
A charge registered on 22 Mar 2013 via Charge ID 10413380 with Tamilnadu Industrial Investment Corporation Limited was fully satisfied on 10 Aug 2022.
Ceased
Durai Raj Maharajan ceased to be Director.
Appointed
Madhuranthaki was appointed as Director.
Ceased
Maharajan Saraswathi ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.23 Cr with Charge ID 100348820 was registered on 09 Jun 2020.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100172234 was registered on 18 Apr 2018.

4 earlier events are in the company report.

Frequently asked questions

Vaigai Engineering is an active private limited company based in Maraimalai Nagar, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 24 August 1999 (27+ years old) and is registered under CIN U29142TN1999PTC043055.

Vaigai Engineering has 2 current directors:

The latest financial statements of Vaigai Engineering 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 CIN (Corporate Identification Number) of Vaigai Engineering is U29142TN1999PTC043055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vaigai Engineering has 1 court case on record: 1 filed against it.

Vaigai Engineering was incorporated on 24 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Vaigai Engineering by revenue are Stanelec Pvt Ltd, Galaxy Indicators India Private Limited, Lexmark Radiators Private Limited, Inovic Power Solutions Private Limited, Southern Electric Controls India Private Limited and 1 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).

Durai Raj Maharajan ceased to be Director on 10 Aug 2021. Madhuranthaki was appointed as Director on 10 Aug 2021. Maharajan Saraswathi ceased to be Director on 10 Aug 2021. Vaigai Engineering has 4 board changes on record in total.

Yes, Vaigai Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-TN-34-0000803).

Vaigai Engineering can be reached through the website vaigaiengineering.com. Its registered office is in Maraimalai Nagar, Tamil Nadu, India.

The registered office of Vaigai Engineering is at No.17 SIDCO Industrial Estate Phase VI, Maraimalai Nagar, Tamil Nadu, India – 603209.