MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TN-08-0008524
Power Track Technology Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹6.4 Lakh
▼ 73% YoY
Net loss · FY 2023
₹57,423
Net margin -9%
EBITDA · FY 2023
-₹53,870
EBITDA margin -8.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Power Track Technology Private Limited
Data last updated:
Power Track Technology Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 25 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31908TN2008PTC067500. Its GSTIN is 33AAGCA9845A1ZW (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Abm Network Solutions Private Limited. It is led by directors Molly Mohanan and Shinu Rajan.
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 No 38 I Phase Woodcreek County St Thomas Mount, Chennai, Tamil Nadu, India – 600016.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.4 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹57,423 (net margin -9%) and EBITDA of -₹53,870 (EBITDA margin -8.4%). Revenue has declined at a compounded annual rate (CAGR) of 28% over five years.
Court records list 1 case involving the company, including 1 filed against it.
Power Track Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0008524). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powertracktech.com.
Company details
CIN U31908TN2008PTC067500
Registration Number 067500
Incorporation Date 25 April 2008
ROC Chennai
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-TN-08-0008524
CIN history
Power Track Technology has one previous CIN (Corporate Identification Number): U52392TN2008PTC067500. The current CIN is U31908TN2008PTC067500, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31908TN2008PTC067500 | Current |
| U52392TN2008PTC067500 | Previous |
Key People
Molly Mohanan Director Shinu Rajan Director Recognitions & Rankings of Power Track Technology
Contact details
Power Track Technology Private Limited's registered office is in Chennai, Tamil Nadu. Its website is powertracktech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 38 I Phase Woodcreek County St Thomas Mount, Chennai, Tamil Nadu, India – 600016
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Power Track Technology Private Limited, buy the company report.
Comprehensive company report
Power Track Technology 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Power Track Technology is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Power Track Technology Private Limited, buy the company report.
Financials of Power Track Technology Private Limited
FY 2024 filings availablePower Track Technology Private Limited reported revenue of ₹6.4 Lakh (down 73% YoY) for FY 2023.
Revenue · FY 2023
₹6.4 Lakh ▼ 73%
Net loss · FY 2023
₹57,423 margin -9%
EBITDA · FY 2023
-₹53,870 margin -8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 73%
5 years · compounded
▼ 28%
EBITDA CAGR growth
1 year
▼ 475%
3 years · compounded
▼ 46%
5 years · compounded
▲ 7%
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 73% fall in the latest year. EBITDA fell 475% 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 | FY 2018-19 |
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| EBITDA | -₹53,870 | ||||
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| Net Profit (PAT) | -₹57,423 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -8.4% | ||||
| Net Profit Margin | -9% | ||||
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To see the full financial statements and ratios of Power Track Technology Private Limited, buy the company report.
Board of directors of Power Track Technology Private Limited
Power Track Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Molly Mohanan Also directs: Net Connect Technology Private Limited | Director | 25 Apr 2008 | 18 Years 6 Months | Current |
| Shinu Rajan | Director | 14 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Power Track Technology Private Limited is audited by USHA BABU & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| USHA BABU & ASSOCIATES | FY 2018 | 013765S |
Shareholding
The shareholding of Power Track Technology Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Power Track Technology Private Limited, buy the company report.
Legal cases
Power Track Technology Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
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, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Power Track Technology 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 Power Track Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Power Track Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCA9845A1ZW | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Power Track Technology Private Limited, buy the company report.
Recent activity
Power Track Technology Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Mohanan Abraham ceased to be Managing Director on 21 Nov 2022.
AGM
Power Track Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Power Track Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Mohanan Abraham ceased to be Managing Director.
Appointed
Shinu Rajan was appointed as Director.
Appointed
Molly Mohanan was appointed as Director.
Incorporation
25 Apr 2008
Power Track Technology Private Limited was registered on 25 Apr 2008 with Roc Chennai & aged 18 years 6 months as per MCA records.
Frequently asked questions
Power Track Technology is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 25 April 2008 (18+ years old) and is registered under CIN U31908TN2008PTC067500.
Power Track Technology has 2 current directors:
- Molly Mohanan - Director
- Shinu Rajan - Director
The latest financial statements of Power Track Technology 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 2015 are in the company report.
The GSTIN of Power Track Technology is 33AAGCA9845A1ZW, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Power Track Technology is U31908TN2008PTC067500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Power Track Technology has 1 court case on record: 1 filed against it.
Power Track Technology was incorporated on 25 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Mohanan Abraham ceased to be Managing Director on 21 Nov 2022. Shinu Rajan was appointed as Director on 14 Nov 2022. Molly Mohanan was appointed as Director on 25 Apr 2008.
Yes, Power Track Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-08-0008524).
Power Track Technology can be reached through the website powertracktech.com. Its registered office is in Chennai, Tamil Nadu, India.