Powergrid Energy Services Limited

Powergrid Energy Services Limited - environment in Gurugram, Haryana, India. FY 2026 financials & compliance.
CIN U40100HR2022GOI102016 Incorporated 14 March 2022 ROC Delhi HQ Gurugram, Haryana, India
Active Public Limited Union Government Company environment
Data last updated
Revenue · FY 2025
₹332.03 Cr
▲ 341% YoY
Net profit · FY 2025
₹51.22 Cr
Net margin 15.4%
EBITDA · FY 2025
₹75.41 Cr
EBITDA margin 22.7%
Authorised capital
₹495 Cr
Registered with MCA
Paid-up capital
₹282.62 Cr
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
4
As per MCA filings
Active GSTINs
37
GST registered

About Powergrid Energy Services Limited

Data last updated:

Powergrid Energy Services Limited is a public limited union government company based in Gurugram, Haryana, India, a subsidiary of Power Grid Corporation Of India Limited. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 14 March 2022.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40100HR2022GOI102016. Its GSTIN is 06AAMCP7371A1ZF (Haryana). The company holds 37 GST registrations, all of them active.

The company has an authorised share capital of ₹495 Cr and a paid-up capital of ₹282.62 Cr. It is led by directors including Rakesh Kumar and Ravisankar Ganesan.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Saudamini Plot No. – 2 Sector – 29, Gurugram, Haryana, India – 122001.

As per the financials filed for FY 2025, the company reported a revenue of ₹332.03 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹51.22 Cr (net margin 15.4%) and EBITDA of ₹75.41 Cr (EBITDA margin 22.7%).

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powergrid.in.

Company details

CIN U40100HR2022GOI102016
Registration Number 102016
Incorporation Date 14 March 2022
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Power Grid Corporation Of India Limited
Compliance Status Active Compliant

Contact details

Powergrid Energy Services Limited's registered office is in Gurugram, Haryana. Its website is powergrid.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Saudamini Plot No. – 2 Sector – 29, Gurugram, Haryana, India – 122001
  • Industry
    Environment, Clean Energy Solutions

To see the full contact details of Powergrid Energy Services Limited, buy the company report.

Comprehensive company report
Powergrid Energy Services 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 activities of Powergrid Energy Services are manufacturing and professional, scientific and technical activities. In detail, this covers repair and installation of machinery and equipment and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing33Repair and installation of machinery and equipment
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

To see the full business activity and turnover split of Powergrid Energy Services Limited, buy the company report.

Financials of Powergrid Energy Services Limited

FY 2025 filings available

Powergrid Energy Services Limited reported revenue of ₹332.03 Cr (up 341% YoY) for FY 2025.

Revenue · FY 2025
₹332.03 Cr ▲ 341%
Net profit · FY 2025
₹51.22 Cr margin 15.4%
EBITDA · FY 2025
₹75.41 Cr margin 22.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 341%
EBITDA CAGR growth
1 year
▲ 483%

Revenue rose 341% in the latest year. EBITDA rose 483% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
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₹75.41 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹51.22 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin22.7%
Net Profit Margin15.4%
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 Powergrid Energy Services Limited, buy the company report.

Board of directors of Powergrid Energy Services Limited

Powergrid Energy Services has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Auditor

Powergrid Energy Services Limited is audited by DMRN & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DMRN & AssociatesFY 2023008100N

Shareholding

The shareholding of Powergrid Energy Services Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Powergrid Energy Services Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Powergrid Energy Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Powergrid Energy Services Limited has 1 active EPFO establishment as of Apr 10, 2024.

Active EPFO establishments
1

GST

Powergrid Energy Services has 37 GST registrations: 37 active. The first 4 active GSTINs are listed below.

Total GSTINs
37
Active
37
GSTINStateStatusRegistered on
06AAMCP7371A1ZFHaryanaActive10 Jun 2022
06AAMCP7371A1DOHaryanaActive14 Nov 2022
23AAMCP7371A1ZJMadhya PradeshActive17 Jun 2022
23AAMCP7371A1DSMadhya PradeshActive23 Jul 2022

To see the full GST registrations and return filing status of Powergrid Energy Services Limited, buy the company report.

Recent activity

Powergrid Energy Services Limited has 21 board changes on record since 2022: 7 appointments and 14 cessations. The latest: Anoop Singh ceased to be CEO on 30 Sep 2025.

Ceased
Anoop Singh ceased to be CEO.
AGM
Powergrid Energy Services Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Rakesh Kumar ceased to be Additional Director.
Ceased
Sangeeta Edwards ceased to be Additional Director.
Ceased
Vimla Bhandari ceased to be Additional Director.
Appointed
Rakesh Kumar was appointed as Director.
Appointed
Vimla Bhandari was appointed as Director.
Ceased
Sandeep Kumar Jain ceased to be Additional Director.
Filing
Powergrid Energy Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Sandeep Kumar Jain was appointed as Additional Director.
Appointed
Sangeeta Edwards was appointed as Director.
Appointed
Anoop Singh was appointed as CEO.

12 earlier events are in the company report.

Frequently asked questions

Powergrid Energy Services is an active public limited union government company based in Gurugram, Haryana, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 14 March 2022 (4+ years old) and is registered under CIN U40100HR2022GOI102016.

Powergrid Energy Services has 4 current directors:

The latest financial statements of Powergrid Energy Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Powergrid Energy Services is 06AAMCP7371A1ZF, registered in Haryana. The company has 37 GST registrations in all, of which 37 are active. Other active GSTINs include 06AAMCP7371A1DO (Haryana), 23AAMCP7371A1ZJ (Madhya Pradesh), 23AAMCP7371A1DS (Madhya Pradesh).

The CIN (Corporate Identification Number) of Powergrid Energy Services is U40100HR2022GOI102016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Powergrid Energy Services was incorporated on 14 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.

Anoop Singh ceased to be CEO on 30 Sep 2025. Rakesh Kumar ceased to be Additional Director on 25 Sep 2025. Sangeeta Edwards ceased to be Additional Director on 25 Sep 2025. Powergrid Energy Services has 21 board changes on record in total.

Powergrid Energy Services can be reached through the website powergrid.in. Its registered office is in Gurugram, Haryana, India.

The registered office of Powergrid Energy Services is at Saudamini Plot No. – 2 Sector – 29, Gurugram, Haryana, India – 122001.

Powergrid Energy Services operates in the environment industry, in the clean energy solutions segment.