About PoweriT
PoweriT is an Energy & Utilities company based in India founded in 2014. It operates as a power and IT services provider focused on backup, data center, and networking solutions in Chennai. It operates in the Energy & Utilities and Technology sectors. The company has 41 employees. Its Indian entity Powerit Technologies Private Limited reported revenue of ₹9.00 Cr. PoweriT offers products and services including Backup Solutions and Data Center Services. Its focus areas include Energy, Power Solutions, Critical Power Services and Energy Backup Systems.
Company details
PoweriT is recognized as one of the fastest growing providers of power and IT services in the state, with headquarters located in Chennai. End-to-end solutions are offered, including backup systems, data center management, networking, audio-visual services, iBuilding automation, and ISP solutions. Innovative products from leading vendors are utilized to enhance enterprise efficiency, data security, and IT infrastructure uptime. Global alliances and round-the-clock support are maintained to ensure timely deployment and quality deliverables across various industries. Operations are managed with a focus on critical power and energy backup for uninterrupted equipment functionality.
- Headquarters India
- Employees 41
- SectorsEnergy & UtilitiesTechnology
- Email••••••••
- Legal Name Powerit Technologies Pvt Limited
- Date of Incorporation 15 Sep, 2016
- Jurisdiction Korattur, Tamil Nadu, India
- Annual Revenue₹9.00 Cr
FY 2021 · -58% YoY
- Net Profit₹14.5 Lakh
FY 2021 · 2% margin
- EBITDA₹78.3 Lakh
FY 2021 · 9% margin
- Employee Count41
Associated legal entities of PoweriT
PoweriT operates through Powerit Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Powerit Technologies Private Limited CIN U52609TN2016PTC112506 | Active | 15 Sep 2016 | Korattur, Tamil Nadu | ₹9.0 Cr | 41 | 2 | View details |
Products & Services of PoweriT
PoweriT offers a comprehensive portfolio of products and services, including Backup Solutions and Data Center Services.
Backup solutions are offered to ensure data security and improved uptime for IT infrastructure.
Data center services are provided for power backup and security to maintain stable operations.
Board of directors of Powerit Technologies Private Limited (PoweriT)
Powerit Technologies Private Limited is the primary company behind PoweriT. The board of Powerit Technologies Private Limited currently have 2 directors; the longest-serving is Venkatesh Vijay Anand, appointed in 2018. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkatesh Vijay Anand DIN 08148701 | Director | 01 Apr 2018 | 8 yrs 6 mo | Powerit Technologies Private Limited |
| Gnanasekaran DIN 08148705 | Director | 01 Apr 2018 | 8 yrs 6 mo | Powerit Technologies Private Limited |
Financials of PoweriT
Figures of Powerit Technologies Private Limited, the primary company behind PoweriT, for FY 2021. Revenue was ₹9.00 Cr (-58% year on year). Net profit was ₹14.5 Lakh (2% margin). EBITDA was ₹78.3 Lakh (9% margin). Revenue has grown at a compounded annual rate of -4% over three years.
- ₹9.00 CrRevenue · FY 2021 · -58% YoY
- ₹14.5 LakhNet profit · 2% margin
- ₹78.3 LakhEBITDA · 9% margin
- ₹1.28 CrPaid-up capital
- 41Employees (provident fund records)
- -4%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Powerit Technologies Private Limited are on its company page.
Detailed financial statements for PoweriT
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Energy Storage Systems
10 companies that operate in the same segment as PoweriT (Energy Storage Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
EV charging station network is operated for vehicle users. | 2017 | Munchen, Bayern, Germany | USD 791 M | – | – | |
Platform offering smart electric vehicle charging solutions | 2018 | London, England, United Kingdom | USD 63.18 M | – | – | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | – | 902 | |
Provider of electric vehicle charging solutions | 2009 | London, England, United Kingdom | USD 58.39 M | – | – | |
Monta is recognized as a provider of EV charging software solutions. | 2020 | Copenhagen, Denmark | USD 134.51 M | – | – | |
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
Portable electric vehicle charging solutions are developed and provided. | 2014 | Boston, Massachusetts, United States | USD 104.86 M | – | 50 | |
Provider of solar integrated power storage system | 2010 | Wildpoldsried, Bavaria, Germany | USD 168.42 M | USD 132.91 M | – |
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Frequently Asked Questions about PoweriT
PoweriT was founded in 2014.
PoweriT is headquartered in India.
PoweriT has 41 employees.
The primary company behind PoweriT, Powerit Technologies Private Limited, reported revenue of ₹9.00 Cr for FY 2021, down 58% year on year.
PoweriT is recognized as one of the fastest growing providers of power and IT services in the state, with headquarters located in Chennai. End-to-end solutions are offered, including backup systems, data center management, networking, audio-visual services, iBuilding automation, and ISP solutions. Innovative products from leading vendors are utilized to enhance enterprise efficiency, data security, and IT infrastructure uptime. Global alliances and round-the-clock support are maintained to ensure timely deployment and quality deliverables across various industries. Operations are managed with a focus on critical power and energy backup for uninterrupted equipment functionality.
PoweriT offers Backup Solutions and Data Center Services.
PoweriT operates through Powerit Technologies Private Limited.
The legal entities of PoweriT currently have 2 directors, including Venkatesh Vijay Anand, Gnanasekaran.