MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-33-0223674
Polarity Energy Private Limited
Polarity Energy Private Limited - electrnoics in Bhiwandi, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹82.14 Lakh
▲ 254% YoY
Net profit · FY 2024
₹10,412
Net margin 0.1%
EBITDA · FY 2024
₹18,562
EBITDA margin 0.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Polarity Energy Private Limited
Data last updated:
Polarity Energy Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the electrical equipment manufacturing segment of the electronics sector. It was incorporated on 30 May 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31907MH2022PTC383704.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vinod Sureshbhai Parmar and Gauriben Sureshbhai Parmar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H No 1980 Gala No S 18 Ground Floor Kud Business Avenue Parasnath Complex, Bhiwandi, Maharashtra, India – 421302.
As per the financials filed for FY 2024, the company reported a revenue of ₹82.14 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10,412 (net margin 0.1%) and EBITDA of ₹18,562 (EBITDA margin 0.2%).
Polarity Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0223674). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U31907MH2022PTC383704
Registration Number 383704
Incorporation Date 30 May 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0223674
Recognitions & Rankings of Polarity Energy
Contact details
Polarity Energy Private Limited's registered office is in Bhiwandi, Maharashtra.
- Registered AddressH No 1980 Gala No S 18 Ground Floor Kud Business Avenue Parasnath Complex, Bhiwandi, Maharashtra, India – 421302
- IndustryElectrnoics, Electrical Equipment, Manufacturing
Comprehensive company report
Polarity Energy 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 Polarity Energy 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 Polarity Energy Private Limited, buy the company report.
Financials of Polarity Energy Private Limited
FY 2024 filings availablePolarity Energy Private Limited reported revenue of ₹82.14 Lakh (up 254% YoY) for FY 2024.
Revenue · FY 2024
₹82.14 Lakh ▲ 254%
Net profit · FY 2024
₹10,412 margin 0.1%
EBITDA · FY 2024
₹18,562 margin 0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 254%
EBITDA CAGR growth
1 year
▼ 84%
Revenue rose 254% in the latest year. EBITDA fell 84% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹18,562 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹10,412 | |
| 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
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.2% | |
| Net Profit Margin | 0.1% | |
| 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 Polarity Energy Private Limited, buy the company report.
Board of directors of Polarity Energy Private Limited
Polarity Energy has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Sureshbhai Parmar Also directs: Cu Metrix Metals LLP, SGP Infra Projects Private Limited | Director | 30 May 2022 | 4 Years 5 Months | Current |
| Gauriben Sureshbhai Parmar | Director | 01 Aug 2023 | 3 Years 3 Months | Current |
Peer comparison
Polarity Energy Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| G K Engineering Works & Stores Pvt Ltd | ₹82.43 Lakh (FY 2025) | -10.0% | Howrah, West Bengal, India | |||
| Vedant Thermal Engineering Private Limited | ₹82.39 Lakh (FY 2022) | Thane, Maharashtra, India | ||||
| Airelief Technology (OPC) Private Limited | ₹82.36 Lakh (FY 2024) | Sadhaura, Haryana, India | ||||
| Elecnovo Private Limited | ₹82.22 Lakh (FY 2024) | 262.0% | Bangalore, Karnataka, India | |||
| Hindustan Power Instruments Private Limited | ₹82.16 Lakh (FY 2025) | -10.0% | New Delhi, Delhi, India | |||
| Polarity Energy Private Limitedthis company | ₹82.14 Lakh (FY 2024) | ₹10,412 | 0.1% | 254.0% | Bhiwandi, Maharashtra, India | |
| Ray Flameproof Private Limited | ₹82.12 Lakh (FY 2024) | 1.0% | New Delhi, Delhi, India | |||
| Argus Carbide Private Limited | ₹82.09 Lakh (FY 2024) | 403.0% | Rajkot, Gujarat, India | |||
| Elmech Genset Private Limited | ₹82.06 Lakh (FY 2025) | -10.0% | New Delhi, Delhi, India | |||
| Crelab Innovation Private Limited | ₹82.03 Lakh (FY 2024) | -6.0% | Gandhinagar, Gujarat, India | |||
| Iiotx Technologies Private Limited | ₹82.01 Lakh (FY 2025) | 50.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Polarity Energy Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Polarity Energy Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polarity Energy 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 Polarity Energy Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Polarity Energy Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Bharat Vitthal Shelar ceased to be Additional Director on 02 Aug 2023.
AGM
Polarity Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Polarity Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai Ii.
Ceased
Bharat Vitthal Shelar ceased to be Additional Director.
Appointed
Gauriben Sureshbhai Parmar was appointed as Director.
Ceased
Gauriben Sureshbhai Parmar ceased to be Director.
Appointed
Vinod Sureshbhai Parmar was appointed as Director.
Incorporation
30 May 2022
Polarity Energy Private Limited was registered on 30 May 2022 with Roc Mumbai Ii & aged 4 years 5 months as per MCA records.
Frequently asked questions
Polarity Energy is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in electrical equipment, within the electronics industry. It was incorporated on 30 May 2022 (4+ years old) and is registered under CIN U31907MH2022PTC383704.
Polarity Energy has 2 current directors:
- Vinod Sureshbhai Parmar - Director
- Gauriben Sureshbhai Parmar - Director
The latest financial statements of Polarity Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Polarity Energy is U31907MH2022PTC383704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polarity Energy was incorporated on 30 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Polarity Energy by revenue are G K Engineering Works & Stores Pvt Ltd, Vedant Thermal Engineering Private Limited, Airelief Technology (OPC) Private Limited, Elecnovo Private Limited, Hindustan Power Instruments Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Bharat Vitthal Shelar ceased to be Additional Director on 02 Aug 2023. Gauriben Sureshbhai Parmar was appointed as Director on 01 Aug 2023. Gauriben Sureshbhai Parmar ceased to be Director on 06 Oct 2022. Polarity Energy has 4 board changes on record in total.
Yes, Polarity Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0223674).
The registered office of Polarity Energy is at H No 1980 Gala No S 18 Ground Floor Kud Business Avenue Parasnath Complex, Bhiwandi, Maharashtra, India – 421302.
Polarity Energy operates in the electronics industry, in the electrical equipment segment.
The compliance status of Polarity Energy is compliant as of 22 August 2026. The company is actively filing with the Registrar of Companies.
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