MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0009180
Clariant Power System Limited - energy and power in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹45.18 Cr
▲ 16% YoY
Net profit · FY 2023
₹3.9 Cr
Net margin 8.6%
EBITDA · FY 2023
₹7.05 Cr
EBITDA margin 15.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹49.37 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
50
Provident fund records
About Clariant Power System Limited
Data last updated:
Clariant Power System Limited is a public limited company based in Pune, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 20 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31501PN2013PLC149493. Its GSTIN is 27AAFCC4770R1ZZ (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Tushar Sureshrao Deshmukh (Managing Director) and Usha Sureshrao Deshamukh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Clariant House B – Wing Abhijit Court 799/A Bhandarkar Road, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2023, the company reported a revenue of ₹45.18 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹3.9 Cr (net margin 8.6%) and EBITDA of ₹7.05 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 13% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Clariant Power System. As per MCA filings, the company has open charges of ₹49.37 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 1 case is pending.
Clariant Power System Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0009180). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clariantpower.com.
Company details
CIN U31501PN2013PLC149493
Registration Number 149493
Incorporation Date 20 November 2013
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0009180
Key People
Tushar Sureshrao Deshmukh Managing Director Usha Sureshrao Deshamukh Whole-Time Director Suresh Govind Deshmukh Whole-Time Director Recognitions & Rankings of Clariant Power System
Contact details
Clariant Power System Limited's registered office is in Pune, Maharashtra. Its website is clariantpower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressClariant House B – Wing Abhijit Court 799/A Bhandarkar Road, Pune, Maharashtra, India – 411004
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Clariant Power System Limited, buy the company report.
Comprehensive company report
Clariant Power System Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Clariant Power System operates one associated brand: Clariant Power System. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of multiple electrical equipment | clariantpower.com |
Business activity
The main business activity of Clariant Power System is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Clariant Power System Limited, buy the company report.
Financials of Clariant Power System Limited
FY 2023 filings availableClariant Power System Limited reported revenue of ₹45.18 Cr (up 16% YoY) for FY 2023.
Revenue · FY 2023
₹45.18 Cr ▲ 16%
Net profit · FY 2023
₹3.9 Cr margin 8.6%
EBITDA · FY 2023
₹7.05 Cr margin 15.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 13%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 10%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 16% growth in the latest year. EBITDA rose 19% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹45.18 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.9 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 8.6% | ||||
| 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 Clariant Power System Limited, buy the company report.
Board of directors of Clariant Power System Limited
Clariant Power System has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Sureshrao Deshamukh Also directs: Madhav Capacitors Pvt Ltd | Whole-Time Director | 20 Nov 2013 | 12 Years 11 Months | Current |
| Suresh Govind Deshmukh | Whole-Time Director | 20 Nov 2013 | 12 Years 11 Months | Current |
| Tushar Sureshrao Deshmukh Also directs: Clariant Energy Private Limited, Madhav Capacitors Pvt Ltd | Managing Director | 20 Nov 2013 | 12 Years 11 Months | Current |
Peer comparison
Clariant Power System Limited is compared with the 5 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Silverline Electricals Private Limited | ₹46.24 Cr (FY 2025) | 34.0% | Sanaswadi, Maharashtra, India | |||
| Allied Moulded Enclosure Products (India) Private Limited | ₹46.16 Cr (FY 2024) | 193.0% | Bangalore, Karnataka, India | |||
| Bush Electromech and Engineering Private Limited | ₹45.71 Cr (FY 2025) | 93.0% | Aurangabad, Maharashtra, India | |||
| Clariant Power System Limitedthis company | ₹45.18 Cr (FY 2023) | ₹3.9 Cr | 8.6% | 16.0% | 50 | Pune, Maharashtra, India |
| Dellner Bubenzer India Private Limited | ₹45.08 Cr (FY 2025) | 135.0% | Chennai, Tamil Nadu, India | |||
| Application Control Panels Private Limited | ₹44.91 Cr (FY 2024) | 51.0% | Faridabad, Haryana, India |
To see the full peer comparison of Clariant Power System Limited, buy the company report.
Auditor
Clariant Power System Limited is audited by NISHIKANT V. BADWE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NISHIKANT V. BADWE | FY 2023 | 031637 |
Shareholding
The shareholding of Clariant Power System Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Clariant Power System Limited, buy the company report.
Charges & borrowings
Open charges
₹49.37 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2022 | 100569006 | Others | ₹10 Cr | Open | |
| 27 Nov 2015 | 10616207 | Others | ₹39.37 Cr | Open |
To see the full charge records of Clariant Power System Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Clariant Power System Limited has 7 court cases on record: 3 filed by Clariant Power System, 4 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed by the company
3
Filed against the company
4
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against Newtech Electric Co. India Pvt. Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
| District court, Nashik, Maharashtra | Court case (Civil M.A.) | Filed against the company by M/S G B Enterprises | Disposed |
| District court, Nashik, Maharashtra | Arbitration matter | Filed against the company by M/S GB Enterprises | Disposed |
| District court, Nashik, Maharashtra | Arbitration matter | Filed against the company by M/S G B Enterprises | Disposed |
To see the full case history of Clariant Power System 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.
Credit ratings & regulatory alerts
Clariant Power System Limited was last rated by Crisil on 30 Jul 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jul 2019 |
To see the full credit ratings and regulatory alerts of Clariant Power System Limited, buy the company report.
MSME payment delays
Clariant Power System Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 50 overdue payments to 24 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Indomax | |||
| Hi-Tech Corporation | |||
| Alif Traders | |||
| an individual supplier |
To see the full MSME payment records of Clariant Power System Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Clariant Power System Limited has a workforce of 50 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
50
Active EPFO establishments
1
GST
Clariant Power System has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCC4770R1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clariant Power System Limited, buy the company report.
Recent activity
Clariant Power System Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Tushar Sureshrao Deshmukh ceased to be Whole-Time Director on 01 Aug 2022.
Charges
A charge with Others of Rs. 39.37 Cr registered on 27 Nov 2015 with Charge ID 10616207 was modified on 30 Jun 2025.
AGM
Clariant Power System Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Clariant Power System Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Ceased
Tushar Sureshrao Deshmukh ceased to be Whole-Time Director.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100569006 was registered on 28 Feb 2022.
Charges
A charge with Others amounted to Rs. 39.37 Cr with Charge ID 10616207 was registered on 27 Nov 2015.
Ceased
Suresh Govind Deshmukh ceased to be Director.
Ceased
Usha Sureshrao Deshamukh ceased to be Director.
Appointed
Suresh Govind Deshmukh was appointed as Whole-Time Director.
Appointed
Tushar Sureshrao Deshmukh was appointed as Managing Director.
Appointed
Usha Sureshrao Deshamukh was appointed as Whole-Time Director.
Incorporation
20 Nov 2013
Clariant Power System Limited was registered on 20 Nov 2013 with Roc Pune & aged 12 years 11 months as per MCA records.
Frequently asked questions
Clariant Power System is an active public limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 20 November 2013 (13+ years old) and is registered under CIN U31501PN2013PLC149493.
Clariant Power System has 3 current directors:
- Tushar Sureshrao Deshmukh - Managing Director
- Usha Sureshrao Deshamukh - Whole-Time Director
- Suresh Govind Deshmukh - Whole-Time Director
The latest financial statements of Clariant Power System on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Clariant Power System is 27AAFCC4770R1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Clariant Power System is U31501PN2013PLC149493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clariant Power System has 7 court cases on record: 3 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Clariant Power System was incorporated on 20 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Clariant Power System by revenue are Silverline Electricals Private Limited, Allied Moulded Enclosure Products (India) Private Limited, Bush Electromech and Engineering Private Limited, Dellner Bubenzer India Private Limited, Application Control Panels Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Tushar Sureshrao Deshmukh ceased to be Whole-Time Director on 01 Aug 2022. Suresh Govind Deshmukh ceased to be Director on 01 Apr 2015. Usha Sureshrao Deshamukh ceased to be Director on 01 Apr 2015. Clariant Power System has 6 board changes on record in total.
Yes, Clariant Power System is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0009180).
Clariant Power System has 5 MSME Form 1 returns on record between 2019 and 2024, listing 50 overdue payments to 24 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Clariant Power System can be reached through the website clariantpower.com. Its registered office is in Pune, Maharashtra, India.