About Powersoft Systems
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Powersoft Systems is a company based in Chennai (India) founded in 2003. It operates as a B2B. The company has 14 employees. Powersoft Systems operates in a competitive market with competitors including Borosil Renewables, Servoteh, Nessa, SuKam Solar and HVR Solar, among others.
- Headquarter Chennai, India
- Employees 14
- SectorsEnergy & Utilities
- Website powersoftsystems.com
- Legal Name Powersoft It Private Limited
- Date of Incorporation 01 Apr, 2005
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue$703.9 K (USD)110.02as on Mar 31, 2023
- Net Profit-$515.47 (USD)96.58as on Mar 31, 2023
- EBITDA$20.4 K (USD)-0.75as on Mar 31, 2023
- Employee Count14
Associated legal entities of Powersoft Systems
Powersoft Systems operates through Powersoft It Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Report |
|---|---|---|---|---|---|---|---|
| Powersoft It Private Limited CIN U72900MH2005PTC152352 | Active | 01 Apr 2005 | Mumbai, Maharashtra | ₹7.5 Cr | 14 | 2 | Buy report |
Board of directors of Powersoft It Private Limited (Powersoft Systems)
Powersoft It Private Limited is the primary company behind Powersoft Systems. The board of Powersoft It Private Limited currently have 2 directors; the longest-serving is Jagdish Kashinath Galvankar, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jagdish Kashinath Galvankar DIN 08556929 | Director | 09 Sep 2019 | 7 yrs | Powersoft It Private Limited |
| Yogesh Manilal Patel DIN 08556935 | Director | 09 Sep 2019 | 7 yrs | Powersoft It Private Limited |
Financials of Powersoft Systems
Figures of Powersoft It Private Limited, the primary company behind Powersoft Systems, for FY 2025. Revenue was ₹7.47 Cr (+32% year on year). Net profit was ₹0.32 Cr (4% margin). EBITDA was ₹0.56 Cr (7% margin). Revenue has grown at a compounded annual rate of +39% over three years and +17% over five years.
- ₹7.47 CrRevenue · FY 2025 · +32% YoY
- ₹0.32 CrNet profit · 4% margin
- ₹0.56 CrEBITDA · 7% margin
- ₹0.01 CrPaid-up capital
- 14Employees (provident fund records)
- +39%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Powersoft It Private Limited are on its company page.
Buy the company report of Powersoft It Private LimitedDetailed financial statements for Powersoft Systems
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Competitors of Powersoft Systems
Powersoft Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Borosil Renewables, Servoteh, Nessa, SuKam Solar and HVR Solar, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| borosilrenewables.com | 1962 | Mumbai, India | – | 762 | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | |
| servotech.in | 2004 | Delhi, India | – | 178 | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | |
| nessa.in | 2008 | Ahmedabad, India | $95,277 | 84 | Offers solar consumer goods | |
| sukam-solar.com | 1998 | Gurugram, India | $10.1M | 97 | Provider of range of products and services, including solar panels, inverters, and LED street lights for homes and industries | |
| hvrsolar.com | 2016 | Delhi, India | – | 59 | Manufactures solar panels, batteries, and modules for renewable energy solutions in India. | |
| gautamsolar.com | 1997 | Delhi, India | – | 19 | Manufactures solar modules and power plants with high-efficiency technology in India. | |
| ksolare.com | 2012 | Pune, India | – | 52 | Manufactures solar inverters and EV chargers for renewable energy solutions. | |
| dhashtec.com | 2017 | Bengaluru, India | – | 100 | Provides comprehensive solutions for PV junction boxes, connectors, and cables for solar panels. | |
| kosolenergie.com | 2005 | Ahmedabad, India | – | 92 | Manufactures solar products, provides renewable energy systems, and offers EPC services internationally. |
Detailed competitors of Powersoft Systems
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Frequently Asked Questions about Powersoft Systems
Powersoft Systems was founded in 2003.
Powersoft Systems is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Powersoft Systems has 14 employees.
Annual revenue of Powersoft Systems is $703.9K as on Mar 31, 2023.
Powersoft Systems operates with a B2B model, focusing on working in the energy sector, promoting renewable energy, solar power, and solar products manufacturing. Manufactures solar-powered products, including panels and integrated energy systems. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Powersoft Systems's top competitors include Servoteh, Borosil Renewables and SuKam Solar.
Powersoft Systems operates through Powersoft It Private Limited.
The legal entities of Powersoft Systems currently have 2 directors, including Jagdish Kashinath Galvankar, Yogesh Manilal Patel.