Pal Jay Power Solutions Private Limited

Pal Jay Power Solutions Private Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U29190DL2012PTC230162 Incorporated 17 January 2012 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2025
₹201.14 Cr
▲ 1% YoY
Net profit · FY 2025
₹8.19 Cr
Net margin 4.1%
EBITDA · FY 2025
₹14.21 Cr
EBITDA margin 7.1%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹12 Cr
Issued & subscribed
Open charges
₹10 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
419
Provident fund records

About Pal Jay Power Solutions Private Limited

Data last updated:

Pal Jay Power Solutions Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Cummins India Limited. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 17 January 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29190DL2012PTC230162. Its GSTIN is 07AAECC6820H1ZS (Delhi). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹12 Cr. It was formerly known as Cummins Svam Sales & Service Limited and Cummins Svam Sales & Service Private Limited. It is led by directors including Prasant Luthra and Meera Luthra.

Its last annual general meeting (AGM) was held on 01 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dpt009 Prime Towers F 79 – 80 Okhla Phase – I, New Delhi, Delhi, India – 110020.

As per the financials filed for FY 2025, the company reported a revenue of ₹201.14 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹8.19 Cr (net margin 4.1%) and EBITDA of ₹14.21 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 14% over five years.

The company has about 419 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹11.95 Cr; the latest was in October 2015. Its 6 peer companies in the Automobiles industry (Auto Ancillary, Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 3 larger and 3 smaller; the largest is Arora Motocorp Private Limited with revenue of ₹201.9 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 277 overdue payments to 25 micro and small suppliers.

Pal Jay Power Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0003685). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website csspl.org.

Company details

CIN U29190DL2012PTC230162
Registration Number 230162
Incorporation Date 17 January 2012
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 01 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Cummins India Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-10-0003685

Name history

Pal Jay Power Solutions has undergone 3 name changes throughout its history. The company was previously known as Cummins Svam Sales & Service Limited, Cummins Svam Sales & Service Private Limited, and Pal Jay Power Solutions Private Limited. The current legal name is Pal Jay Power Solutions Private Limited.

Company NameStatus
Pal Jay Power Solutions Private LimitedCurrent
Cummins Svam Sales & Service LimitedPrevious
Cummins Svam Sales & Service Private LimitedPrevious

CIN history

Pal Jay Power Solutions has one previous CIN (Corporate Identification Number): U29190DL2012PLC230162. The current CIN is U29190DL2012PTC230162, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29190DL2012PTC230162Current
U29190DL2012PLC230162Previous
Key People
Prasant Luthra Director Meera Luthra Director Madankumar Kotragouda Patil Director

Recognitions & Rankings of Pal Jay Power Solutions

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-DL-10-0003685

Contact details

Pal Jay Power Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is csspl.org. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    csspl.org
  • Registered Address
    Dpt009 Prime Towers F 79 – 80 Okhla Phase – I, New Delhi, Delhi, India – 110020
  • Industry
    Machinery and Equipment, Industrial Machinery Retail & Distribution

To see the full contact details of Pal Jay Power Solutions Private Limited, buy the company report.

Comprehensive company report
Pal Jay Power Solutions Private 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

Business activity

The main business activities of Pal Jay Power Solutions are trade and professional, scientific and technical. In detail, this covers retail trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Pal Jay Power Solutions Private Limited, buy the company report.

Financials of Pal Jay Power Solutions Private Limited

FY 2025 filings available

Pal Jay Power Solutions Private Limited reported revenue of ₹201.14 Cr (up 1% YoY) for FY 2025.

Revenue · FY 2025
₹201.14 Cr ▲ 1%
Net profit · FY 2025
₹8.19 Cr margin 4.1%
EBITDA · FY 2025
₹14.21 Cr margin 7.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 25%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 59%
5 years · compounded
▲ 22%

Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 1% growth in the latest year. EBITDA fell 8% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹14.21 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.19 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.1%
Net Profit Margin4.1%
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 Pal Jay Power Solutions Private Limited, buy the company report.

Board of directors of Pal Jay Power Solutions Private Limited

Pal Jay Power Solutions has 8 current directors and 35 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prasant Luthra
Also directs: Pal Svam Power Solutions Private Limited, Pal Jay Mobility India Private Limited, L.G. Impex Private Limited and 1 more
Director01 Apr 20251 Years 7 MonthsCurrent
Meera Luthra
Also directs: Pal Svam Power Solutions Private Limited, S-Trading Engineers Service Centre Private Limited
Director01 Apr 20251 Years 7 MonthsCurrent
Madankumar Kotragouda PatilDirector17 Jan 201214 Years 9 MonthsCurrent
Jayant Malhotra
Also directs: Malhotra Finvest Private Limited, Zion Biotechnologies Private Limited, Pal Svam Power Solutions Private Limited and 5 more
Director01 Apr 20251 Years 7 MonthsCurrent
Ashima Luthra
Also directs: Pal Svam Power Solutions Private Limited, Pal Jay Mobility India Private Limited, Pal Affordable Housing LLP
Director01 Apr 20251 Years 7 MonthsCurrent
Sonia Malhotra
Also directs: Malhotra Finvest Private Limited, Pal Svam Power Solutions Private Limited, JRSM Properties Private Limited and 5 more
Director01 Apr 20251 Years 7 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

Pal Jay Power Solutions Private Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (Auto Ancillary, Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Arora Motocorp Private Limited₹201.9 Cr (FY 2024)9.0%Jaipur, Rajasthan, India
Natasha Automobiles Private Ltd₹201.5 Cr (FY 2024)17.0%New Delhi, Delhi, India
TCS and Associates Private Limited₹201.17 Cr (FY 2025)-2.0%New Delhi, Delhi, India
Pal Jay Power Solutions Private Limitedthis company₹201.14 Cr (FY 2025)₹8.19 Cr4.1%1.0%419New Delhi, Delhi, India
Rsya Dhanbad Auto Private Limited₹200.85 Cr (FY 2025)13.0%Patna, Bihar, India
Kaveri Garage Private Limited₹200.72 Cr (FY 2025)-9.0%Chennai, Tamil Nadu, India
Horizon Motors India Private Limited₹200.4 Cr (FY 2024)24.0%Muvatupuzha, Kerala, India

To see the full peer comparison of Pal Jay Power Solutions Private Limited, buy the company report.

Auditor

Pal Jay Power Solutions Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Price Waterhouse & Co Chartered Accountants LLPFY 2023304026E / E-300009

Shareholding

The shareholding of Pal Jay Power Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Pal Jay Power Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹10.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Oct 201210391124Hdfc Bank Limited₹10 CrOpen

To see the full charge records of Pal Jay Power Solutions Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Pal Jay Power Solutions Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹11.95 Cr; the latest was in October 2015.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹11.95 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Oct 2015Secondary share transferUndisclosedBuyer: Cummins India Limited
Seller: Svam Power Plants Private Limited , Svam Power Plants Private Limited & Vandana Sawhney, Svam Power Plants Private Limited & Vanita Malhotra
Feb 2012Funding round₹11.95 CrInvestors: Svam Power Plants Private Limited , Cummins India Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Pal Jay Power Solutions Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 277 overdue payments to 25 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 25)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Pal Jay Power Solutions Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Pal Jay Power Solutions Private Limited has a workforce of 419 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.

Employee count
419
Active EPFO establishments
2
Employee growth
4.49%

GST

Pal Jay Power Solutions has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
07AAECC6820H1ZSDelhiActive01 Jul 2017
05AAECC6820H1ZWUttarakhandActive01 Jul 2017
09AAECC6820H1ZOUttar PradeshActive01 Jul 2017
09AAECC6820H2ZNUttar PradeshActive22 Mar 2019

To see the full GST registrations and return filing status of Pal Jay Power Solutions Private Limited, buy the company report.

Recent activity

Pal Jay Power Solutions Private Limited has 35 board changes on record since 2012: 8 appointments and 27 cessations. The latest: Ashima Luthra was appointed as Director on 01 Apr 2025.

AGM
Pal Jay Power Solutions Private Limited last Annual general meeting of members was held on 01 Aug 2025 as per latest MCA records.
Appointed
Ashima Luthra was appointed as Director.
Ceased
Ashima Luthra ceased to be Additional Director.
Appointed
Hemant Bajaj was appointed as Director.
Ceased
Hemant Bajaj ceased to be Additional Director.
Appointed
Jayant Malhotra was appointed as Director.
Ceased
Jayant Malhotra ceased to be Additional Director.
Appointed
Meera Luthra was appointed as Director.
Ceased
Meera Luthra ceased to be Additional Director.
Ceased
Pankaj Kapoor ceased to be Additional Director.
Ceased
Prasad Shridhar Kulkarni ceased to be Additional Director.
Appointed
Prasant Luthra was appointed as Director.

28 earlier events are in the company report.

Frequently asked questions

Pal Jay Power Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 17 January 2012 (14+ years old) and is registered under CIN U29190DL2012PTC230162.

Pal Jay Power Solutions has 8 current directors:

The latest financial statements of Pal Jay Power Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Pal Jay Power Solutions is 07AAECC6820H1ZS, registered in Delhi. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 05AAECC6820H1ZW (Uttarakhand), 09AAECC6820H1ZO (Uttar Pradesh), 09AAECC6820H2ZN (Uttar Pradesh).

The CIN (Corporate Identification Number) of Pal Jay Power Solutions is U29190DL2012PTC230162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pal Jay Power Solutions has 6 court cases on record: 6 filed by the company. Most are in the district courts.

Pal Jay Power Solutions was incorporated on 17 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.

Pal Jay Power Solutions has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹11.95 Cr; the latest was in October 2015.

The peers of Pal Jay Power Solutions by revenue are Arora Motocorp Private Limited, Natasha Automobiles Private Ltd, TCS and Associates Private Limited, Rsya Dhanbad Auto Private Limited, Kaveri Garage Private Limited and 1 more, all in the Automobiles industry (Auto Ancillary, Auto and Components Dealers), with the same principal business activity (retail trading).

Ashima Luthra was appointed as Director on 01 Apr 2025. Ashima Luthra ceased to be Additional Director on 01 Apr 2025. Hemant Bajaj was appointed as Director on 01 Apr 2025. Pal Jay Power Solutions has 35 board changes on record in total.

Yes, Pal Jay Power Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-10-0003685).

Pal Jay Power Solutions has 13 MSME Form 1 returns on record between 2019 and 2024, listing 277 overdue payments to 25 micro and small suppliers. The latest return was filed on 29 Apr 2024.