Powertrac Group

Ahmedabad, India Founded: 2011 • Age: 15 yrs
Delivers comprehensive solar energy services and products.

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.

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.

DirectorDesignationAppointedTenureEntity
Kishorsinh Bhikhubha Zala
DIN 06600963
Managing Director12 Jul 201313 yrs 3 moPowertrac Solar Projects Limited
Artiba Bharatsinh Rana
DIN 06550483
Director10 Apr 20197 yrs 6 moPowertrac Industries Limited
Bharatsinh Bhikhobha Rana
DIN 06550480
Director10 Apr 20197 yrs 6 moPowertrac Industries Limited
Nilam Kishorsinh Zala
DIN 08418744
Director19 Mar 20224 yrs 7 moPowertrac Solar Projects Limited
Divyrajsinh Kishorsinh Zala
DIN 08873881
Director19 Mar 20224 yrs 7 moPowertrac Solar Projects Limited
Deepak Ashok Londhe
DIN 07167850
Director11 Apr 20224 yrs 6 moPowertrac 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.

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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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
solarsquare.in2015Mumbai, India$61.07M1,463
Provider of solar panel installation services
oorjasolutions.org2016Delhi, India$2.51M
Solar-powered irrigation and tech services for farmers are provided.
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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 111.38 MUSD 2.77 B8,690
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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.

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