- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-34-0000803

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
Recognitions & Rankings of Vaigai Engineering
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
- Website
- Registered AddressNo.17 SIDCO Industrial Estate Phase VI, Maraimalai Nagar, Tamil Nadu, India – 603209
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Vaigai Engineering 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 Vaigai Engineering 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 Vaigai Engineering Private Limited, buy the company report.
Financials of Vaigai Engineering Private Limited
FY 2025 filings availableVaigai Engineering Private Limited reported revenue of ₹19.14 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.34 Cr | ||||
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| Net Profit (PAT) | ₹69.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 3.6% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhuranthaki | Director | 10 Aug 2021 | 5 Years 2 Months | Current |
| Maharajan Suresh | Managing Director | 24 Aug 1999 | 27 Years 2 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Lakh | 3.6% | 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 firm | Financial year | Firm registration number |
|---|---|---|
| AR. NAGAPPAN | FY 2023 | 203323 |
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 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 Vaigai Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2023 | 100789532 | Hdfc Bank Limited | ₹15.04 Lakh | Open | |
| 09 Jun 2020 | 100348820 | Others | ₹23 Lakh | Satisfied | |
| 18 Apr 2018 | 100172234 | Others | ₹50 Lakh | Satisfied | |
| 27 Mar 2017 | 100092212 | Others | ₹22.6 Lakh | Satisfied | |
| 22 Mar 2013 | 10413380 | Tamilnadu Industrial Investment Corporation Limited | ₹2.1 Cr | Satisfied |
To see the full charge records of Vaigai Engineering Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Vaigai Engineering Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Court case (OP MV) | Filed against the company by an individual | Disposed |
To see the full case history of Vaigai Engineering 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 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.
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:
- Maharajan Suresh - Managing Director
- Madhuranthaki - Director
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.

