MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-06-0007284
Altair Power Private Limited
Altair Power Private Limited - manufacturing in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹31.78 Cr
▲ 18% YoY
Net profit · FY 2025
₹28.54 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹1.36 Cr
EBITDA margin 4.3%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.47 Cr
Issued & subscribed
Open charges
₹17.38 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
About Altair Power Private Limited
Data last updated:
Altair Power Private Limited is a private limited company based in Delhi, India. It operates in the power cables segment of the manufacturing sector. It was incorporated on 11 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31300DL2013PTC248160. Its GSTIN is 07AALCA3364R1Z1 (Delhi).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.47 Cr. It is led by directors Bhavesh Jain and Rashi Garg.
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 71 Rajasthani Udyog Nagar Gtk Road, Delhi, India – 110033.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.78 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹28.54 Lakh (net margin 0.9%) and EBITDA of ₹1.36 Cr (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
The company is associated with 1 brand: Altair. As per MCA filings, the company has open charges of ₹17.38 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 1 case is pending. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.38 Cr; the latest was in September 2020. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 70 overdue payments to 4 micro and small suppliers.
Altair Power Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0007284). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U31300DL2013PTC248160
Registration Number 248160
Incorporation Date 11 February 2013
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-06-0007284
Recognitions & Rankings of Altair Power
Contact details
Altair Power Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address71 Rajasthani Udyog Nagar Gtk Road, Delhi, India – 110033
- IndustryManufacturing, Power Cables
To see the full contact details of Altair Power Private Limited, buy the company report.
Comprehensive company report
Altair Power 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
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Brands
Altair Power operates one associated brand: Altair. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered data science platform enables model deployment and analytics insights. | altair.com |
Business activity
The main business activity of Altair Power is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Altair Power Private Limited, buy the company report.
Financials of Altair Power Private Limited
FY 2025 filings availableAltair Power Private Limited reported revenue of ₹31.78 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹31.78 Cr ▲ 18%
Net profit · FY 2025
₹28.54 Lakh margin 0.9%
EBITDA · FY 2025
₹1.36 Cr margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 8%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 13%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 18% growth in the latest year. EBITDA rose 7% 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 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 | ₹1.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.54 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Altair Power Private Limited, buy the company report.
Board of directors of Altair Power Private Limited
Altair Power 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 |
|---|---|---|---|---|
| Bhavesh Jain Also directs: Inso Solar Private Limited, Rama Paper Mills Private Limited | Director | 11 Feb 2013 | 13 Years 8 Months | Current |
| Rashi Garg Also directs: Kickstart Startup Services Private Limited | Additional Director | 01 Dec 2024 | 1 Years 11 Months | Current |
Auditor
Altair Power Private Limited is audited by B. B. GARG AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. B. GARG AND ASSOCIATES | FY 2023 | 002803N |
Shareholding
The shareholding of Altair Power Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Altair Power Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.38 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2013 | 10453451 | State Bank of India | ₹17.38 Cr | Open |
To see the full charge records of Altair Power Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Altair Power Private Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.38 Cr; the latest was in September 2020.
Total deals
6
Funding rounds
4
Secondary share transfers
2
Disclosed funding
₹1.38 Cr
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Funding round | ₹40 Lakh | Investors: an individual |
| Sep 2015 | Funding round | ₹60 Lakh | Investors: an individual |
| Dec 2014 | Funding round | ₹20 Lakh | Investors: an individual |
| Sep 2013 | Funding round | ₹18 Lakh | Investors: an individual |
To see the full deal history of Altair Power Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Altair Power Private Limited has 7 court cases on record: 4 filed by Altair Power, 3 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed by the company
4
Filed against the company
3
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 0 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panchkula, Haryana | Arbitration matter | Filed against the company by Uttar Haryana Bijli Vitran Nigam Limited | Pending |
| High Court, HARYANA | Arbitration matter | Filed by the company against an individual | Disposed |
| District court, Panchkula, Haryana | Arbitration matter | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
To see the full case history of Altair Power 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.
Credit ratings & regulatory alerts
Altair Power Private Limited was last rated by Crisil on 04 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 04 Oct 2019 |
To see the full credit ratings and regulatory alerts of Altair Power Private Limited, buy the company report.
MSME payment delays
Altair Power Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 70 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| NMW National Products | |||
| BP Enterprises LLP | |||
| Genius Electricals and Electronics Private Limited |
To see the full MSME payment records of Altair Power Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Altair Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AALCA3364R1Z1 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Altair Power Private Limited, buy the company report.
Recent activity
Altair Power Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Sandeep Jain ceased to be Director on 06 Dec 2024.
AGM
Altair Power Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Altair Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with State Bank Of India of Rs. 17.38 Cr registered on 01 Oct 2013 with Charge ID 10453451 was modified on 27 Dec 2024.
Ceased
Sandeep Jain ceased to be Director.
Appointed
Rashi Garg was appointed as Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 17.38 Cr with Charge ID 10453451 was registered on 01 Oct 2013.
Appointed
Bhavesh Jain was appointed as Director.
Incorporation
11 Feb 2013
Altair Power Private Limited was registered on 11 Feb 2013 with Roc Delhi & aged 13 years 8 months as per MCA records.
Frequently asked questions
Altair Power is an active private limited company based in Delhi, India. The company works in power cables, within the manufacturing industry. It was incorporated on 11 February 2013 (13+ years old) and is registered under CIN U31300DL2013PTC248160.
Altair Power has 2 current directors:
- Bhavesh Jain - Director
- Rashi Garg - Additional Director
The latest financial statements of Altair Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Altair Power is 07AALCA3364R1Z1, registered in Delhi.
The CIN (Corporate Identification Number) of Altair Power is U31300DL2013PTC248160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altair Power has 7 court cases on record: 4 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Altair Power was incorporated on 11 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
Altair Power has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.38 Cr; the latest was in September 2020.
Sandeep Jain ceased to be Director on 06 Dec 2024. Rashi Garg was appointed as Additional Director on 01 Dec 2024. Bhavesh Jain was appointed as Director on 11 Feb 2013.
Yes, Altair Power is registered as a small enterprise under Udyam registration (number: UDYAM-DL-06-0007284).
Altair Power has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 70 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Oct 2019.
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