MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-KL-12-0000690
Noratel India Power Components Private Limited - energy and power in Thiruvananthapuram, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹105.08 Cr
▼ 2% YoY
Net loss · FY 2025
₹8.86 Cr
Net margin -8.4%
EBITDA · FY 2025
-₹6.96 Cr
EBITDA margin -6.6%
Authorised capital
₹8.95 Cr
Registered with MCA
Paid-up capital
₹8.95 Cr
Issued & subscribed
Satisfied charges
₹3.55 Cr
No open charges
Company age
30 yrs
Est. 1996
Employees · EPFO
376
Provident fund records
About Noratel India Power Components Private Limited
Data last updated:
Noratel India Power Components Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India, a subsidiary of Noratel As. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 09 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U31102KL1996PTC010715. Its GSTIN is 32AAACT8702F1ZP (Kerala). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹8.95 Cr and a paid-up capital of ₹8.95 Cr. It was formerly known as Toroid India Private Limited. It is led by directors including Shahwaz Ahmed Khan (Managing Director) and Erling Christian Nesset.
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 Nilatechnopark Campus Kariyavattom, Thiruvananthapuram, Kerala, India – 695581.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.08 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹8.86 Cr (net margin -8.4%) and EBITDA of -₹6.96 Cr (EBITDA margin -6.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 1% over five years.
The company has about 376 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Noratel. As per MCA filings, the company has satisfied charges of ₹3.55 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Noratel India Power Components Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-12-0000690). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website noratel.com.
Company details
CIN U31102KL1996PTC010715
Registration Number 010715
Incorporation Date 09 September 1996
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Noratel As
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-12-0000690
Key People
Shahwaz Ahmed Khan Managing Director Erling Christian Nesset Director Puneet Arora Director Recognitions & Rankings of Noratel India Power Components
Contact details
Noratel India Power Components Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is noratel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNilatechnopark Campus Kariyavattom, Thiruvananthapuram, Kerala, India – 695581
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Noratel India Power Components Private Limited, buy the company report.
Comprehensive company report
Noratel India Power Components 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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Secure checkout · GST invoice included
Brands
Noratel India Power Components operates one associated brand: Noratel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Transformers and reactors are manufactured by Noratel in Norway. | noratel.com |
Business activity
The main business activity of Noratel India Power Components is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Noratel India Power Components Private Limited, buy the company report.
Financials of Noratel India Power Components Private Limited
FY 2025 filings availableNoratel India Power Components Private Limited reported revenue of ₹105.08 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹105.08 Cr ▼ 2%
Net loss · FY 2025
₹8.86 Cr margin -8.4%
EBITDA · FY 2025
-₹6.96 Cr margin -6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 15%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▼ 38%
5 years · compounded
▼ 22%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 34% 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 | -₹6.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.86 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.6% | ||||
| Net Profit Margin | -8.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Noratel India Power Components Private Limited, buy the company report.
Board of directors of Noratel India Power Components Private Limited
Noratel India Power Components has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Erling Christian Nesset | Director | 17 Feb 2021 | 5 Years 8 Months | Current |
| Puneet Arora | Director | 25 Apr 2023 | 3 Years 5 Months | Current |
| Shahwaz Ahmed Khan | Managing Director | 22 Oct 2025 | 1 Years 0 Months | Current |
Auditor
Noratel India Power Components Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Noratel India Power Components 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 Noratel India Power Components Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3.55 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2010 | 10206189 | Canara Bank | ₹6.4 Lakh | Satisfied | |
| 13 Nov 2006 | 10029314 | Canara Bank | ₹18.5 Lakh | Satisfied | |
| 13 Nov 2006 | 10029316 | Canara Bank | ₹20 Lakh | Satisfied | |
| 08 Jul 1999 | 80013377 | Canara Bank | ₹2.65 Lakh | Satisfied | |
| 08 Jul 1999 | 90023993 | Canara Bank | ₹80 Lakh | Satisfied |
To see the full charge records of Noratel India Power Components Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Noratel India Power Components Private Limited has 3 court cases on record: 2 filed by Noratel India Power Components, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Court case (C.E.Appeal) | Filed by the company against The Commissioner of Central GST & Central Excise, | Disposed |
| High Court | Tax appeal | Filed against the company by The Commissioner of Income-Tax | Disposed |
| High Court | Writ petition | Filed by the company against State of Kerala and 10 others | Disposed |
To see the full case history of Noratel India Power Components 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 Noratel India Power Components Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Noratel India Power Components Private Limited has a workforce of 376 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
376
Active EPFO establishments
1
Employee growth
0.27%
GST
Noratel India Power Components has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACT8702F1ZP | Kerala | Active | 01 Jul 2017 |
| 32AAACT8702F2ZO | Kerala | Active | 01 Apr 2025 |
| 29AAACT8702F1ZC | Karnataka | Active | 16 Dec 2017 |
To see the full GST registrations and return filing status of Noratel India Power Components Private Limited, buy the company report.
Recent activity
Noratel India Power Components Private Limited has 11 board changes on record since 2006: 5 appointments and 6 cessations. The latest: Shahwaz Ahmed Khan was appointed as Managing Director on 22 Oct 2025.
Appointed
Shahwaz Ahmed Khan was appointed as Managing Director.
AGM
Noratel India Power Components Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Noratel India Power Components Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Appointed
Pankaj Kumar Upadhyay was appointed as Managing Director.
Appointed
Puneet Arora was appointed as Director.
Ceased
Reidar Kjaer ceased to be Director.
Ceased
Asle Ellef Braathen Tandberg ceased to be Director.
Appointed
Erling Christian Nesset was appointed as Director.
Charges
A charge registered on 13 Nov 2006 via Charge ID 10029316 with Canara Bank was fully satisfied on 28 Jan 2016.
Charges
A charge registered on 08 Jul 1999 via Charge ID 80013377 with Canara Bank was fully satisfied on 28 Jan 2016.
Charges
A charge registered on 08 Jul 1999 via Charge ID 80013380 with Canara Bank was fully satisfied on 28 Jan 2016.
Charges
A charge registered on 08 Jul 1999 via Charge ID 90023993 with Canara Bank was fully satisfied on 28 Jan 2016.
31 earlier events are in the company report.
Frequently asked questions
Noratel India Power Components is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 09 September 1996 (30+ years old) and is registered under CIN U31102KL1996PTC010715.
Noratel India Power Components has 3 current directors:
- Shahwaz Ahmed Khan - Managing Director
- Erling Christian Nesset - Director
- Puneet Arora - Director
The latest financial statements of Noratel India Power Components 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 GSTIN of Noratel India Power Components is 32AAACT8702F1ZP, registered in Kerala. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 32AAACT8702F2ZO (Kerala), 29AAACT8702F1ZC (Karnataka).
The CIN (Corporate Identification Number) of Noratel India Power Components is U31102KL1996PTC010715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Noratel India Power Components has 3 court cases on record: 2 filed by the company and 1 filed against it.
Noratel India Power Components was incorporated on 09 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ernakulam.
Shahwaz Ahmed Khan was appointed as Managing Director on 22 Oct 2025. Pankaj Kumar Upadhyay was appointed as Managing Director on 01 Apr 2024. Puneet Arora was appointed as Director on 25 Apr 2023. Noratel India Power Components has 11 board changes on record in total.
Yes, Noratel India Power Components is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-12-0000690).
Noratel India Power Components can be reached through the website noratel.com. Its registered office is in Thiruvananthapuram, Kerala, India.