MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-19-0009649
Fortune Powernic Solutions Private Limited - energy and power in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.26 Cr
▼ 36% YoY
Net loss · FY 2024
₹70.65 Lakh
Net margin -21.7%
EBITDA · FY 2024
-₹64.2 Lakh
EBITDA margin -19.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹79.9 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
8
Provident fund records
About Fortune Powernic Solutions Private Limited
Data last updated:
Fortune Powernic Solutions Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 13 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U29220OR2013PTC016645. Its GSTIN is 21AACCF6466G1ZT (Odisha).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Fortune Poweronics India Private Limited and Forttune Gensets Private Limited. It is led by directors Mohit Gupta (Managing Director) and Kavita Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 2 Cuttack Road Bomikhal P C Plaza, Bhubaneswar, Odisha, India – 751006.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.26 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹70.65 Lakh (net margin -21.7%) and EBITDA of -₹64.2 Lakh (EBITDA margin -19.7%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 16% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹79.9 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Fortune Powernic Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0009649). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortunepower.in.
Company details
CIN U29220OR2013PTC016645
Registration Number 016645
Incorporation Date 13 March 2013
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-OD-19-0009649
Name history
Fortune Powernic Solutions has undergone 3 name changes throughout its history. The company was previously known as Fortune Poweronics India Private Limited, Forttune Gensets Private Limited, and Fortune Poweronic Solutions Private Limited. The current legal name is Fortune Powernic Solutions Private Limited.
| Company Name | Status |
|---|---|
| Fortune Powernic Solutions Private Limited | Current |
| Fortune Poweronics India Private Limited | Previous |
| Forttune Gensets Private Limited | Previous |
| Fortune Poweronic Solutions Private Limited | Previous |
Recognitions & Rankings of Fortune Powernic Solutions
Contact details
Fortune Powernic Solutions Private Limited's registered office is in Bhubaneswar, Odisha. Its website is fortunepower.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 2 Cuttack Road Bomikhal P C Plaza, Bhubaneswar, Odisha, India – 751006
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Fortune Powernic Solutions Private Limited, buy the company report.
Comprehensive company report
Fortune Powernic 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Fortune Powernic Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Fortune Powernic Solutions Private Limited, buy the company report.
Financials of Fortune Powernic Solutions Private Limited
FY 2025 filings availableFortune Powernic Solutions Private Limited reported revenue of ₹3.26 Cr (down 36% YoY) for FY 2024.
Revenue · FY 2024
₹3.26 Cr ▼ 36%
Net loss · FY 2024
₹70.65 Lakh margin -21.7%
EBITDA · FY 2024
-₹64.2 Lakh margin -19.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 18%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 512%
3 years · compounded
▼ 76%
5 years · compounded
▼ 34%
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 36% fall in the latest year. EBITDA fell 512% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹64.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹70.65 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.7% | ||||
| Net Profit Margin | -21.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Fortune Powernic Solutions Private Limited, buy the company report.
Board of directors of Fortune Powernic Solutions Private Limited
Fortune Powernic Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Gupta | Managing Director | 13 Mar 2013 | 13 Years 7 Months | Current |
| Kavita Gupta | Director | 24 Aug 2019 | 7 Years 2 Months | Current |
Auditor
Fortune Powernic Solutions Private Limited is audited by M K P S & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K P S & ASSOCIATES | FY 2021 | 302014E |
Shareholding
The shareholding of Fortune Powernic Solutions Private 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 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortune Powernic Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹79.9 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2017 | 100100321 | Indian Bank | ₹79.9 Lakh | Open |
To see the full charge records of Fortune Powernic Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Fortune Powernic Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Civil suit | Filed against the company by Smartfit Engineers Pvt. Ltd. | Pending |
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by M/S Cantech Engineers Pvt. Ltd. | Pending |
To see the full case history of Fortune Powernic Solutions 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 Fortune Powernic Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fortune Powernic Solutions Private Limited has a workforce of 8 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
14.29%
GST
Fortune Powernic Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCF6466G1ZT | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortune Powernic Solutions Private Limited, buy the company report.
Recent activity
Fortune Powernic Solutions Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Arun Kumar Samal ceased to be Additional Director on 26 Aug 2019.
AGM
Fortune Powernic Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Fortune Powernic Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Indian Bank of Rs. 79.90 Lakh registered on 26 Apr 2017 with Charge ID 100100321 was modified on 04 Feb 2023.
Ceased
Arun Kumar Samal ceased to be Additional Director.
Appointed
Kavita Gupta was appointed as Director.
Charges
A charge with Indian Bank amounted to Rs. 79.90 Lakh with Charge ID 100100321 was registered on 26 Apr 2017.
Ceased
Kavita Gupta ceased to be Director.
Appointed
Mohit Gupta was appointed as Managing Director.
Incorporation
13 Mar 2013
Fortune Powernic Solutions Private Limited was registered on 13 Mar 2013 with Roc Cuttack & aged 13 years 7 months as per MCA records.
Frequently asked questions
Fortune Powernic Solutions is an active private limited company based in Bhubaneswar, Odisha, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 13 March 2013 (13+ years old) and is registered under CIN U29220OR2013PTC016645.
Fortune Powernic Solutions has 2 current directors:
- Mohit Gupta - Managing Director
- Kavita Gupta - Director
The latest financial statements of Fortune Powernic Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fortune Powernic Solutions is 21AACCF6466G1ZT, registered in Odisha.
The CIN (Corporate Identification Number) of Fortune Powernic Solutions is U29220OR2013PTC016645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Powernic Solutions has 2 court cases on record: 2 filed against it. 2 are pending.
Fortune Powernic Solutions was incorporated on 13 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Cuttack.
Arun Kumar Samal ceased to be Additional Director on 26 Aug 2019. Kavita Gupta was appointed as Director on 24 Aug 2019. Kavita Gupta ceased to be Director on 27 Feb 2017. Fortune Powernic Solutions has 4 board changes on record in total.
Yes, Fortune Powernic Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-OD-19-0009649).
Fortune Powernic Solutions can be reached through the website fortunepower.in. Its registered office is in Bhubaneswar, Odisha, India.