Swift Power Products Engineering Private Limited

Manufactures solenoid coils, automation and inspection equipment for various industries, ISO 9001 certified.

2011 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: January 01, 2025

Who are the key members and board of directors at Swift Power Products Engineering?

Board Members (2)

NameDesignationAppointment DateStatus
Sampath Country flag representing In Director 07-Apr-2011Current
Ramachandran Shanmugam Country flag representing In Director 07-Apr-2011Current

Financial Performance of Swift Power Products Engineering.

Swift Power Products Engineering Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.33% decrease. The company also saw a substantial fall in profitability, with a 1635.74% decrease in profit. The company's net worth observed a substantial decline by a decrease of 146.24%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-15.33%
Revenue from Operations
-15.67%
Total Assets
-26.54%
Profit or Loss
-1635.74%
Net Worth
-146.24%
EBITDA
-143.36%

Charges (Loans)

Open Charges

₹9.90 M

Satisfied Charges

₹3.14 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.73 Cr
  • Others : 0.26 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jan 2022Others₹1.10 MOpen
12 Jun 2020Others₹1.50 MOpen
06 Jan 2012Canara Bank₹5.30 MOpen
27 Dec 2011Canara Bank₹2.00 MOpen
29 Mar 2014The Tamilnadu Industrial Investment Corporation Limited₹0.46 MSatisfied

How Many Employees Work at Swift Power Products Engineering?

Swift Power Products Engineering has a workforce of 30 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Swift Power Products Engineering

Recent activity within the organization

  • Annual General Meeting

    Swift Power Products Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Swift Power Products Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 1.50 M registered on 12 Jun 2020 with Charge ID 100363977 was modified on 22 Feb 2022.

    22 Feb 2022

  • Charges

    A charge with Others amounted to Rs. 1.10 M with Charge ID 100535015 was registered on 17 Jan 2022.

    17 Jan 2022

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100363977 was registered on 12 Jun 2020.

    12 Jun 2020

  • Charges

    A charge registered on 29 Mar 2014 via Charge ID 10522918 with The Tamilnadu Industrial Investment Corporation Limited was fully satisfied on 25 Jun 2018.

    25 Jun 2018

Frequently asked questions

  • Swift Power Products Engineering Private Limited was incorporated on 07 Apr 2011.

  • The authorized share capital of Swift Power Products Engineering Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Swift Power Products Engineering Private Limited.

    • Sampath
    • Ramachandran Shanmugam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swift Power Products Engineering Private Limited is 45/5, V B Jamin Street Vengadamangalam India, Chennai, Tamil Nadu, 600127.

  • The corporate identification number (CIN) of Swift Power Products Engineering Private Limited is U29268TN2011PTC080050 and the company number is 080050 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swift Power Products Engineering Private Limited is https://www.sppengineering.info

  • According to the financial reports for the fiscal year 2023, the revenue trend for Swift Power Products Engineering Private Limited has fallen by -15.33%.

  • As Per 2023 financial reports, 30 employees are currently employed by Swift Power Products Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swift Power Products Engineering Private Limited has experienced an downturn of -146.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Swift Power Products Engineering Private Limited amount to ₹ 9.90 M.

  • The most recent Balance Sheet for Swift Power Products Engineering Private Limited was filed with the ROC on 31 Mar 2024.