About Empower Gensets Private Limited
Data last updated:
Empower Gensets Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Powerica Sales And Services Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 04 January 2007.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U31101PN2007PTC129406. Its GSTIN is 27AABCE6945J1ZC (Maharashtra). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.99 Cr. It was led by directors including Yashawant Shridhar Joshi and Ramesh Chandra Puri.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Showroom No. 1&2 Ground Floor Vartak Heritage Karve Nagar Hingane Badruk Erandwane, Pune, Maharashtra, India – 411052.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.22 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹56.27 Lakh (net margin -13.3%) and EBITDA of -₹46.98 Lakh (EBITDA margin -11.1%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 25% over five years.
The company had about 23 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹11.09 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is empowergensets.com.
Company details
Contact details
Empower Gensets Private Limited's registered office is in Pune, Maharashtra. Its website is empowergensets.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShowroom No. 1&2 Ground Floor Vartak Heritage Karve Nagar Hingane Badruk Erandwane, Pune, Maharashtra, India – 411052
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Empower Gensets Private Limited, buy the company report.
- 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
Business activity
The main business activity of Empower Gensets is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Empower Gensets Private Limited, buy the company report.
Financials of Empower Gensets Private Limited
FY 2022 filings availableEmpower Gensets Private Limited reported revenue of ₹4.22 Cr (down 45% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 45% fall in the latest year. EBITDA fell 550% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.22 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹46.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹56.27 Lakh | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.1% | ||||
| Net Profit Margin | -13.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Empower Gensets Private Limited, buy the company report.
Board of directors of Empower Gensets Private Limited
Empower Gensets has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashawant Shridhar Joshi | Director | 17 Nov 2016 | 9 Years 11 Months | As last reported |
| Ramesh Chandra Puri | Director | 13 Dec 2021 | 4 Years 10 Months | As last reported |
| Madhur Manohar Prabhu | Director | 04 Oct 2017 | 9 Years 1 Months | As last reported |
Auditor
Empower Gensets Private Limited is audited by KAPOOR & PAREKH ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAPOOR & PAREKH ASSOCIATES | FY 2020 | 104803W |
Shareholding
The shareholding of Empower Gensets Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Empower Gensets Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2009 | 10169123 | Hdfc Bank Limited | ₹10.5 Cr | Satisfied | |
| 20 Apr 2009 | 10160081 | Hdfc Bank Limited | ₹59 Lakh | Satisfied |
To see the full charge records of Empower Gensets Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Empower Gensets Private Limited has 1 court case on record: 1 filed by Empower Gensets. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Empower Gensets Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Empower Gensets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Empower Gensets Private Limited has a workforce of 23 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Empower Gensets has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE6945J1ZC | Maharashtra | Active | 01 Jul 2017 |
| 26AABCE6945J1ZE | Dadra and Nagar Haveli and Daman and Diu | Active | 12 Nov 2020 |
To see the full GST registrations and return filing status of Empower Gensets Private Limited, buy the company report.
Recent activity
Empower Gensets Private Limited has 11 board changes on record since 2015: 3 appointments and 8 cessations. The latest: Ramesh Chandra Puri ceased to be Additional Director on 30 Sep 2022.
7 earlier events are in the company report.
Frequently asked questions
Empower Gensets has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Empower Gensets was a private limited company based in Pune, Maharashtra, India. The company worked in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 04 January 2007 and is registered under CIN U31101PN2007PTC129406. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Empower Gensets was incorporated on 04 January 2007. It is registered with the Registrar of Companies, Pune.
Empower Gensets had 3 directors:
- Yashawant Shridhar Joshi - Director
- Ramesh Chandra Puri - Director
- Madhur Manohar Prabhu - Director
The CIN (Corporate Identification Number) of Empower Gensets is U31101PN2007PTC129406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Empower Gensets is at Showroom No. 1&2 Ground Floor Vartak Heritage Karve Nagar Hingane Badruk Erandwane, Pune, Maharashtra, India – 411052.
Empower Gensets can be reached through the website empowergensets.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Empower Gensets on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Empower Gensets is 27AABCE6945J1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 26AABCE6945J1ZE (Dadra and Nagar Haveli and Daman and Diu).
Empower Gensets operated in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
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