About Archer Power Systems Private Limited
Data last updated:
Archer Power Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 29 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40109TN2010PTC075522. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.8 Cr and a paid-up capital of ₹1 Cr. It is led by directors Reenanath (Managing Director) and Nigel Charles Blake Macpherson.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 3B (Western Side) Old No.4 New No.7 Lvr Center Seshadri Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Zynergy Group. As per MCA filings, the company has open charges of ₹45.5 Cr and satisfied charges of ₹22 Cr on record. Court records list 14 cases involving the company, including 3 filed by the company and 11 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zynergygroup.net.
Company details
Contact details
Archer Power Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is zynergygroup.net. Its e-mail address is in the company report.
- Email
- Website
- Registered Address3B (Western Side) Old No.4 New No.7 Lvr Center Seshadri Road Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Archer Power Systems Private Limited, buy the company report.
- 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
Brands
Archer Power Systems operates one associated brand: Zynergy Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar IPP and EPC services are provided in India. | zynergygroup.net |
Financials of Archer Power Systems Private Limited
FY 2019 filings availableFinancial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Archer Power Systems Private Limited, buy the company report.
Board of directors of Archer Power Systems Private Limited
Archer Power Systems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reenanath | Managing Director | 29 Apr 2010 | 16 Years 5 Months | Current |
| Nigel Charles Blake Macpherson | Director | 21 Jan 2016 | 10 Years 9 Months | Current |
Auditor
Archer Power Systems Private Limited is audited by MUTHURAM ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUTHURAM ASSOCIATES | FY 2019 | 008266S |
Shareholding
The shareholding of Archer Power Systems Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Archer Power Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Oct 2015 | 10601436 | Others | ₹45.5 Cr | Open | |
| 25 Nov 2014 | 10536001 | Dcb Bank Limited | ₹16 Cr | Satisfied | |
| 04 Feb 2013 | 10449459 | The Federal Bank Limited | ₹6 Cr | Satisfied |
To see the full charge records of Archer Power Systems Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Archer Power Systems Private Limited has 14 court cases on record: 3 filed by Archer Power Systems, 11 filed against it. 8 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 4 |
| High courts | 4 | 4 | 3 |
| Supreme Court | 3 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Company appeal | Filed by the company against Zynergy Solar Projects and Services Pvt Ltd and 4 others | Pending |
| Supreme Court | Court case (1003-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters arising out of orders of Company Law Board under Section 397 & 398 of Companies Act, 1956) | Filed by the company against Zynergy Solar Projects and Services Private Limited and 4 others | Disposed |
| High Court, TAMIL NADU | Original application | Filed against the company by an individual | Pending |
| District court, Chennai, Tamil Nadu | Court case (EOCC) | Filed against the company by The Assistant Registrar of Companies, Tamilnadu | Pending |
| NCLT, Chennai | Insolvency matter | Filed by the company against Radhakrishnan Dharmarajan Resolution Professional | Disposed |
To see the full case history of Archer Power Systems 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 Archer Power Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Archer Power Systems has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Archer Power Products Private Limited | U74900TN2009PTC073700 |
To see the full group structure of Archer Power Systems Private Limited, buy the company report.
GST
Archer Power Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Archer Power Systems Private Limited, buy the company report.
Recent activity
Archer Power Systems Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Reenanath ceased to be Director on 09 Nov 2021.
3 earlier events are in the company report.
Frequently asked questions
Archer Power Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 29 April 2010 (16+ years old) and is registered under CIN U40109TN2010PTC075522.
Archer Power Systems has 2 current directors:
- Reenanath - Managing Director
- Nigel Charles Blake Macpherson - Director
The latest financial statements of Archer Power Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from 2015 are in the company report.
No. Archer Power Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Archer Power Systems is U40109TN2010PTC075522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Archer Power Systems has 14 court cases on record: 3 filed by the company and 11 filed against it. 8 are pending. Most are in the district courts.
Archer Power Systems was incorporated on 29 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
Reenanath ceased to be Director on 09 Nov 2021. Rohit Rabindranath ceased to be Director on 12 Apr 2021. Nigel Charles Blake Macpherson ceased to be Additional Director on 30 May 2016. Archer Power Systems has 5 board changes on record in total.
Archer Power Systems can be reached through the website zynergygroup.net. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Archer Power Systems is at 3B Western Side Old No.4 New No.7 Lvr Center Seshadri Road Alwarpet, Chennai, Tamil Nadu, India – 600018.