Affinity Power Private Limited

Affinity Power Private Limited - energy and power in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U29309TN2018PTC123446 Incorporated 28 June 2018 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company energy and power MSME · Small
Data last updated
Revenue · FY 2024
₹56.4 Cr
▲ 47% YoY
Net profit · FY 2024
₹15.01 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹68.8 Lakh
EBITDA margin 1.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹9.43 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
31
Provident fund records

About Affinity Power Private Limited

Data last updated:

Affinity Power Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 28 June 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29309TN2018PTC123446. Its GSTIN is 33AARCA0727E1ZY (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Duraiswamy Pillai Ranganathan and Sathish Babu.

Its last annual general meeting (AGM) was held on 17 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.134/1 – B Thilagar Street Saligramam, Chennai, Tamil Nadu, India – 600093.

As per the financials filed for FY 2024, the company reported a revenue of ₹56.4 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹15.01 Lakh (net margin 0.3%) and EBITDA of ₹68.8 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 79% over five years.

The company has about 31 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹9.43 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

Affinity Power Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-34-0000730). For more details, the company can be reached via its website affinitypowers.com.

Company Details of Affinity Power Private Limited
CIN U29309TN2018PTC123446
Registration Number 123446
Incorporation Date 28 June 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 November 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-TN-34-0000730

Recognitions & Rankings of Affinity Power

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-34-0000730
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    No.134/1 – B Thilagar Street Saligramam, Chennai, Tamil Nadu, India – 600093
  • Industry
    Energy and Power, Power Equipment Manufacturers
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Financials, compliance, directors, charges, ownership and filings for Affinity Power Private Limited in one report.

Financials from FY 2019 Directors & ownership Charges & compliance

Business Activity of Affinity Power Private Limited

The main business activity of Affinity Power is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Affinity Power Private Limited FY 2025 filings available

Affinity Power Private Limited reported revenue of ₹56.4 Cr (up 47% YoY) for FY 2024.

Revenue · FY 2024
₹56.4 Cr ▲ 47%
Net profit · FY 2024
₹15.01 Lakh margin 0.3%
EBITDA · FY 2024
₹68.8 Lakh margin 1.2%

Compounded Annual Growth Rate (CAGR) of Affinity Power Private Limited

Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 50%
5 years · compounded
▲ 79%
EBITDA CAGR growth
1 year
▲ 88%
3 years · compounded
▲ 16%
5 years · compounded
▲ 83%

Revenue has grown at a compounded annual rate (CAGR) of 79% over five years, including 47% growth in the latest year. EBITDA rose 88% 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 Affinity Power Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹68.8 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹15.01 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 Affinity Power Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.2%••••••••••••••••
Net Profit Margin0.3%••••••••••••••••
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 Affinity Power are in the company report.

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Financial statements from FY 2019

Earlier years and trend charts are in the company report.

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Board of Directors of Affinity Power Private Limited

Affinity Power has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Duraiswamy Pillai RanganathanDirector22 Feb 20206 Years 8 MonthsCurrent
Sathish BabuDirector28 Jun 20188 Years 3 MonthsCurrent
Rangaswamy Kumar RavichandraDirector01 Sep 20242 Years 1 MonthsCurrent

Peer Comparison of Affinity Power Private Limited

Affinity Power Private 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vijeta Switchgear Pvt Ltd₹56.92 Cr (FY 2024)••••••••16.0%••••Sangli, Maharashtra, India
Electro Crimp Contacts (India) Private Limited₹56.89 Cr (FY 2024)••••••••25.0%••••Nashik, Maharashtra, India
Ike Electric Private Limited₹56.76 Cr (FY 2025)••••••••4.0%••••Pune, Maharashtra, India
Kryfs Fabrications Private Limited₹56.52 Cr (FY 2025)••••••••30.0%••••Bhopal, Madhya Pradesh, India
Entraco-Bks Busducts Private Limited₹56.43 Cr (FY 2025)••••••••102.0%••••Nashik, Maharashtra, India
Affinity Power Private Limited this company₹56.4 Cr (FY 2024)••••••••47.0%••••Chennai, Tamil Nadu, India
Vishal Engineers & Galvanizers Private Limited₹56.2 Cr (FY 2025)••••••••-17.0%••••Tal Sanand, Gujarat, India
Jyoti Switchgears Private Limited₹56.02 Cr (FY 2025)••••••••43.0%••••Navi Mumbai, Maharashtra, India
Solberry Energy Private Limited₹55.94 Cr (FY 2025)••••••••161.0%••••Kadi, Gujarat, India
Brilltech Engineers Private Limited₹55.92 Cr (FY 2024)••••••••8.0%••••Ghaziabad, Uttar Pradesh, India
M K Engineers and Controls Private Limited₹55.46 Cr (FY 2024)••••••••1.0%••••Navi Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Affinity Power 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 Affinity Power Private Limited

Affinity Power Private Limited is audited by GOVINDARAJAPURAM RAMASESHAN SANKARANARAYANAN for the financial year 2023.

NameStatusAppointment DateCessation Date
GOVINDARAJAPURAM RAMASESHAN SANKARANARAYANANLockedLockedLocked
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Ownership and Shareholding of Affinity Power Private Limited

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Charges & Borrowings of Affinity Power Private Limited

Open charges
₹9.43 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹9.43 Cr
Latest charge details
DateLenderAmountStatus
29 Oct 2025Others₹70 LakhOpen
21 Jul 2023Others₹6 CrOpen
10 Sep 2022Others₹7 LakhOpen
12 Aug 2022Others₹50.78 LakhOpen
07 Jul 2022Others₹11.73 LakhOpen

Total charge records: 7 View all charges

Employees and EPFO Compliance at Affinity Power Private Limited

Affinity Power Private Limited has a workforce of 31 employees as of Apr 08, 2024.

Employee count
31
Active EPFO establishments
1
Employee growth
40.91%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Affinity Power Private Limited

Affinity Power Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Rangaswamy Kumar Ravichandra was appointed as Director on 01 Sep 2024.

AGM
Affinity Power Private Limited last Annual general meeting of members was held on 17 Nov 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 70.00 Lakh with Charge ID 101218819 was registered on 29 Oct 2025.
Charges
A charge with Others of Rs. 600.00 Lakh registered on 21 Jul 2023 with Charge ID 100752064 was modified on 13 Jun 2025.
Filing
Affinity Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Rangaswamy Kumar Ravichandra was appointed as Director.
Ceased
Rangaswamy Kumar Ravichandra ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100752064 was registered on 21 Jul 2023.
Charges
A charge with Others amounted to Rs. 7.00 Lakh with Charge ID 100626502 was registered on 10 Sep 2022.
Charges
A charge with Others amounted to Rs. 50.78 Lakh with Charge ID 100646025 was registered on 12 Aug 2022.
Charges
A charge with Others amounted to Rs. 11.73 Lakh with Charge ID 100622999 was registered on 07 Jul 2022.
Appointed
Duraiswamy Pillai Ranganathan was appointed as Director.
Ceased
Kamiliar Mohammed Jainullabudeen ceased to be Director.

4 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Affinity Power Private Limited

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MSME Payment Delays by Affinity Power Private Limited

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Subsidiaries & Group Companies of Affinity Power Private Limited

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GST Compliance of Affinity Power Private Limited

Affinity Power has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AARCA0727E1ZYTamil NaduActive15 Jul 2018
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Affinity Power Private Limited

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Frequently Asked Questions about Affinity Power Private Limited

Affinity Power is an active private limited company based in Chennai, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 28 June 2018 (8+ years old) and is registered under CIN U29309TN2018PTC123446.

Affinity Power reported revenue of ₹56.4 Cr for FY 2024 (up 47% YoY).

Affinity Power has 3 current directors:

Affinity Power reported a net profit of ₹15.01 Lakh (net margin 0.3%) and EBITDA of ₹68.8 Lakh (EBITDA margin 1.2%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Affinity Power is 50% over three years and 79% over five years. In the latest year (FY 2024) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Affinity Power is 33AARCA0727E1ZY, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Affinity Power is U29309TN2018PTC123446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Affinity Power has 1 court case on record: 1 filed against it. 1 is pending.

Affinity Power was incorporated on 28 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Affinity Power by revenue are Vijeta Switchgear Pvt Ltd, Electro Crimp Contacts (India) Private Limited, Ike Electric Private Limited, Kryfs Fabrications Private Limited, Entraco-Bks Busducts Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).

Rangaswamy Kumar Ravichandra was appointed as Director on 01 Sep 2024. Rangaswamy Kumar Ravichandra ceased to be Additional Director on 01 Sep 2024. Duraiswamy Pillai Ranganathan was appointed as Director on 22 Feb 2020. Affinity Power has 5 board changes on record in total.

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