Power Fortun Elevators and Escalators Private Limited
About Power Fortun Elevators and Escalators Private Limited
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Power Fortun Elevators and Escalators Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the specialised retail segment of the home appliances and consumer durables sector. It was incorporated on 28 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52335KA2019PTC127443. Its GSTIN is 29AAKCP7440A1ZF (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Hosur Rajanna and Thyloor Bommaiah Mahesh Kumar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.63/1 2nd Floor Between 16th & 17th Near West Park Road Malleswaram, Bangalore, Karnataka, India – 560055.
As per the financials filed for FY 2023, the company reported a revenue of ₹61.12 Lakh, a growth of 111% compared to the previous year. For the same year it recorded a net loss of ₹14.81 Lakh (net margin -24.2%) and EBITDA of -₹14.79 Lakh (EBITDA margin -24.2%). Revenue has grown at a compounded annual rate (CAGR) of 113% over three years.
Company details
Contact details
Power Fortun Elevators and Escalators Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.63/1 2nd Floor Between 16th & 17th Near West Park Road Malleswaram, Bangalore, Karnataka, India – 560055
- IndustryHome Appliances, Specialized Stores, Retailers, Household Appliance Retail
To see the full contact details of Power Fortun Elevators and Escalators 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 Power Fortun Elevators and Escalators 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 Power Fortun Elevators and Escalators Private Limited, buy the company report.
Financials of Power Fortun Elevators and Escalators Private Limited
FY 2023 filings availablePower Fortun Elevators and Escalators Private Limited reported revenue of ₹61.12 Lakh (up 111% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 113% over three years, including 111% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹14.79 Lakh | |||
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| Net Profit (PAT) | -₹14.81 Lakh | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -24.2% | |||
| Net Profit Margin | -24.2% | |||
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To see the full financial statements and ratios of Power Fortun Elevators and Escalators Private Limited, buy the company report.
Board of directors of Power Fortun Elevators and Escalators Private Limited
Power Fortun Elevators and Escalators has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hosur Rajanna | Director | 28 Aug 2019 | 7 Years 2 Months | Current |
| Thyloor Bommaiah Mahesh Kumar Also directs: Shindlarcity Elevator Private Limited | Additional Director | 28 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Power Fortun Elevators and Escalators 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 |
|---|---|---|---|---|---|---|
| Pravdhan Sensors & Controls Private Limited | ₹61.25 Lakh (FY 2023) | Valsad, Gujarat, India | ||||
| Foretec Electric India Private Limited | ₹61.24 Lakh (FY 2024) | 57.0% | Coimbatore, Tamil Nadu, India | |||
| Futari Manufacturing India Private Limited | ₹61.2 Lakh (FY 2019) | 199.0% | Chennai, Tamil Nadu, India | |||
| Jaina Ge Instruments Private Limited | ₹61.19 Lakh (FY 2025) | -57.0% | Chandigarh, India | |||
| Sahya Plast Pvt Ltd | ₹61.15 Lakh (FY 2025) | -23.0% | Palakkad, Kerala, India | |||
| Power Fortun Elevators and Escalators Private Limitedthis company | ₹61.12 Lakh (FY 2023) | -₹14.81 Lakh | -24.2% | 111.0% | Bangalore, Karnataka, India | |
| Open Door Corporation Private Limited | ₹61.09 Lakh (FY 2025) | 425.0% | Delhi, India | |||
| Anadix Technologies Private Limited | ₹61.08 Lakh (FY 2025) | 156.0% | Chennai, Tamil Nadu, India | |||
| Airspin HVLS Technology Private Limited | ₹61.06 Lakh (FY 2024) | -21.0% | Rajkot, Gujarat, India | |||
| Frozetech Cooling Systems (OPC) Private Limited | ₹61.05 Lakh (FY 2025) | 94.0% | Ahmedabad, Gujarat, India | |||
| Ganesh Precision Works Private Limited | ₹61.02 Lakh (FY 2024) | 52.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Power Fortun Elevators and Escalators Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Power Fortun Elevators and Escalators 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 Power Fortun Elevators and Escalators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Power Fortun Elevators and Escalators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP7440A1ZF | Karnataka | Active | 06 Sep 2019 |
To see the full GST registrations and return filing status of Power Fortun Elevators and Escalators Private Limited, buy the company report.
Recent activity
Power Fortun Elevators and Escalators Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Thyloor Bommaiah Mahesh Kumar was appointed as Additional Director on 28 Mar 2023.
Frequently asked questions
Power Fortun Elevators and Escalators is an active private limited company based in Bangalore, Karnataka, India. The company works in specialized stores, within the home appliances industry. It was incorporated on 28 August 2019 (7+ years old) and is registered under CIN U52335KA2019PTC127443.
Power Fortun Elevators and Escalators has 2 current directors:
- Hosur Rajanna - Director
- Thyloor Bommaiah Mahesh Kumar - Additional Director
The latest financial statements of Power Fortun Elevators and Escalators on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Power Fortun Elevators and Escalators is 29AAKCP7440A1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Power Fortun Elevators and Escalators is U52335KA2019PTC127443. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Power Fortun Elevators and Escalators was incorporated on 28 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Power Fortun Elevators and Escalators by revenue are Pravdhan Sensors & Controls Private Limited, Foretec Electric India Private Limited, Futari Manufacturing India Private Limited, Jaina Ge Instruments Private Limited, Sahya Plast Pvt Ltd and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Thyloor Bommaiah Mahesh Kumar was appointed as Additional Director on 28 Mar 2023. Thailuru Bommaiah Sharmila ceased to be Director on 01 Oct 2022. Hosur Rajanna was appointed as Director on 28 Aug 2019.
The registered office of Power Fortun Elevators and Escalators is at No.631 2nd Floor Between 16th & 17th Near West Park Road Malleswaram, Bangalore, Karnataka, India – 560055.
Power Fortun Elevators and Escalators operates in the home appliances industry, in the specialized stores segment.
Power Fortun Elevators and Escalators can be reached at its registered office: No.631 2nd Floor Between 16th & 17th Near West Park Road Malleswaram, Bangalore, Karnataka, India – 560055.
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