About Prandev Tech Limited
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Prandev Tech Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Etain Energy Holdings Limited. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 18 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29307GJ2010PLC062347. Its GSTIN is 24AACCE5128J1ZS (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Anurag Mukesh Bhandari and Siddharth Mukesh Bhandari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.74 Lakh, a growth of 72% compared to the previous year. For the same year it recorded a net loss of ₹32.9 Lakh (net margin -118.6%) and EBITDA of -₹23.58 Lakh (EBITDA margin -85%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 60% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website electrothermrenewables.com.
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- Registered AddressA/1 Skylark Appartment, Opp Bima Nagar Satellite Road, Ahmedabad, Gujarat, India – 380015
- IndustryElectrical, Electrical Equipment, Transport Equipment, General Purpose And Special Purpose Machinery & Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Prandev Tech Limited
The main business activity of Prandev Tech is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Prandev Tech Limited FY 2025 filings available
Prandev Tech Limited reported revenue of ₹27.74 Lakh (up 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Prandev Tech Limited
Revenue rose 72% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 60%. EBITDA rose 10% 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 of Prandev Tech Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹23.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹32.9 Lakh | •••• | •••• | •••• | •••• |
| 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 of Prandev Tech Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -85% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -118.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Prandev Tech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Prandev Tech Limited
Prandev Tech Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nand Batteries Private Limited., | ₹28.16 Lakh (FY 2023) | •••• | •••• | -6.0% | •••• | Delhi, India |
| Shiva Tradex Private Limited | ₹28.08 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Trident Power and Control Private Limited | ₹27.85 Lakh (FY 2025) | •••• | •••• | -82.0% | •••• | Bhubaneswar, Odisha, India |
| Karyalaya Electricals Private Limited | ₹27.79 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Smash Electricals Pvt Ltd | ₹27.78 Lakh (FY 2025) | •••• | •••• | -60.0% | •••• | Pune, Maharashtra, India |
| Prandev Tech Limited this company | ₹27.74 Lakh (FY 2025) | •••• | •••• | 72.0% | •••• | Ahmedabad, Gujarat, India |
| Amtronix Electro Technologies Private Limited | ₹27.72 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| Sri Divyapadhuka Engineering Private Limited | ₹27.66 Lakh (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Weber Technologies Private Limited | ₹27.63 Lakh (FY 2022) | •••• | •••• | 189.0% | •••• | Ernakulam, Kerala, India |
| Lall King Generators Private Limited | ₹27.44 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Harday Energies Private Limited | ₹27.3 Lakh (FY 2025) | •••• | •••• | •••• | Ranchi, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below Prandev Tech by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Prandev Tech Limited
Prandev Tech Limited is audited by ASHOK BHOGILAL AND CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHOK BHOGILAL AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Prandev Tech Limited
Prandev Tech has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Mukesh Bhandari Also directs: Arjun Ceramics & Carbon Private Limited, Prandev Batteries Private Limited, Etain Renewables Limited and 5 more | Director | 26 Jun 2012 | 14 Years 3 Months | Current |
| Siddharth Mukesh Bhandari Also directs: Arjun Ceramics & Carbon Private Limited, Prandev Batteries Private Limited, Etain Renewables Limited and 5 more | Director | 18 Sep 2010 | 16 Years 0 Months | Current |
| Mukesh Bhanwarlal Bhandari | Director | 02 Dec 2024 | 1 Years 10 Months | Current |
Ownership and Shareholding of Prandev Tech Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prandev Tech Limited
Prandev Tech Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Prandev Tech Limited
Prandev Tech Limited has a workforce of 1 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Prandev Tech Limited
Prandev Tech Limited has 13 board changes on record since 2010: 4 appointments and 9 cessations. The latest: Mukesh Bhanwarlal Bhandari was appointed as Director on 02 Dec 2024.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Prandev Tech Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Prandev Tech Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prandev Tech Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Prandev Tech Limited
Prandev Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCE5128J1ZS | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Prandev Tech Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prandev Tech Limited
Prandev Tech is an active public limited company based in Ahmedabad, Gujarat, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 18 September 2010 (16+ years old) and is registered under CIN U29307GJ2010PLC062347.
Prandev Tech reported revenue of ₹27.74 Lakh for FY 2025 (up 72% YoY).
Prandev Tech has 3 current directors:
- Anurag Mukesh Bhandari - Director
- Siddharth Mukesh Bhandari - Director
- Mukesh Bhanwarlal Bhandari - Director
Prandev Tech reported a net loss of ₹32.9 Lakh (net margin -118.6%) and EBITDA of -₹23.58 Lakh (EBITDA margin -85%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prandev Tech is -70% over three years and -60% over five years. In the latest year (FY 2025) revenue rose 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prandev Tech is 24AACCE5128J1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Prandev Tech is U29307GJ2010PLC062347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prandev Tech was incorporated on 18 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Prandev Tech by revenue are Nand Batteries Private Limited,, Shiva Tradex Private Limited, Trident Power and Control Private Limited, Karyalaya Electricals Private Limited, Smash Electricals Pvt Ltd and 5 more, all in the Power industry (Power Equipment Manufacturers).
Mukesh Bhanwarlal Bhandari was appointed as Director on 02 Dec 2024. Siddharth Mukesh Bhandari ceased to be Managing Director on 25 Apr 2017. Anurag Mukesh Bhandari ceased to be Additional Director on 25 Sep 2012. Prandev Tech has 13 board changes on record in total.
Prandev Tech can be reached through the website electrothermrenewables.com. Its registered office is in Ahmedabad, Gujarat, India.