
About Powertrac Group
Powertrac Group is an Energy & Utilities company based in Ahmedabad (India) founded in 2011. It delivers comprehensive solar energy services and products. It operates on a B2B model. Its focus areas include Energy, Renewable Energy, Solar Energy and Services and Products. Its competitors include SolarSquare and Oorja; 2 of its 2 listed competitors have raised funding.
Company details
Powertrac Group, established in 2011, excels in working in the energy sector, promoting renewable energy, developing solar energy systems, and services and products. Delivers comprehensive solar energy services and products. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Ahmedabad, India
- SectorsEnergy & Utilities
- Website powertracgroup.com
Associated legal entities of Powertrac Group
Powertrac Group is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Powertrac Solar Projects Limited CIN U40106GJ2013PLC076021 | Active | 12 Jul 2013 | Surendranagar, Gujarat | ₹35.2 Cr | 15 | 3 | View details |
| Powertrac Industries Limited CIN U31906GJ2019PLC107571 | Active | 10 Apr 2019 | Surendranagar, Gujarat | ₹33.3 Cr | 10 | 3 | View details |
Board of directors of Powertrac Group
The boards of the 2 registered companies of Powertrac Group currently have 6 directors; the longest-serving is Kishorsinh Bhikhubha Zala, appointed in 2013. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kishorsinh Bhikhubha Zala DIN 06600963 | Managing Director | 12 Jul 2013 | 13 yrs 3 mo | Powertrac Solar Projects Limited |
| Artiba Bharatsinh Rana DIN 06550483 | Director | 10 Apr 2019 | 7 yrs 6 mo | Powertrac Industries Limited |
| Bharatsinh Bhikhobha Rana DIN 06550480 | Director | 10 Apr 2019 | 7 yrs 6 mo | Powertrac Industries Limited |
| Nilam Kishorsinh Zala DIN 08418744 | Director | 19 Mar 2022 | 4 yrs 7 mo | Powertrac Solar Projects Limited |
| Divyrajsinh Kishorsinh Zala DIN 08873881 | Director | 19 Mar 2022 | 4 yrs 7 mo | Powertrac Solar Projects Limited |
| Deepak Ashok Londhe DIN 07167850 | Director | 11 Apr 2022 | 4 yrs 6 mo | Powertrac Industries Limited |
Financials of Powertrac Group
Figures of Powertrac Solar Projects Limited, the primary company behind Powertrac Group, for FY 2025. Revenue was ₹35.22 Cr (+43% year on year). Net profit was ₹52.8 Lakh (1% margin). EBITDA was ₹1.39 Cr (4% margin). Revenue has grown at a compounded annual rate of +29% over three years and +25% over five years.
- ₹35.22 CrRevenue · FY 2025 · +43% YoY
- ₹52.8 LakhNet profit · 1% margin
- ₹1.39 CrEBITDA · 4% margin
- ₹2.00 CrPaid-up capital
- 15Employees (provident fund records)
- +29%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Powertrac Solar Projects Limited are on its company page.
Detailed financial statements for Powertrac Group
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Competitors of Powertrac Group
Powertrac Group has 2 listed competitors in our database, 2 of them funded. They include SolarSquare and Oorja.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarsquare.in | 2015 | Mumbai, India | $61.07M | 1,463 | Provider of solar panel installation services | |
| oorjasolutions.org | 2016 | Delhi, India | $2.51M | Solar-powered irrigation and tech services for farmers are provided. |
Detailed competitors of Powertrac Group
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Powertrac Group (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about Powertrac Group
Powertrac Group was founded in 2011.
Powertrac Group is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Powertrac Group, established in 2011, excels in working in the energy sector, promoting renewable energy, developing solar energy systems, and services and products. Delivers comprehensive solar energy services and products. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Powertrac Group's top competitors include SolarSquare and Oorja.
Powertrac Group is associated with 2 legal entities: Powertrac Solar Projects Limited, Powertrac Industries Limited.
The legal entities of Powertrac Group currently have 6 directors, including Nilam Kishorsinh Zala, Kishorsinh Bhikhubha Zala, Divyrajsinh Kishorsinh Zala and others.