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Ionics Power Solutions Private Limited - energy and power in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹10.92 Cr
▲ 57% YoY
Net profit · FY 2023
₹68.21 Lakh
Net margin 6.2%
EBITDA · FY 2023
₹1.28 Cr
EBITDA margin 11.7%
Authorised capital
₹1.39 Cr
Registered with MCA
Paid-up capital
₹74.34 Lakh
Issued & subscribed
Open charges
₹1.94 Cr
Satisfied ₹71.8 Lakh
Company age
15 yrs
Est. 2011
Employees · EPFO
35
Provident fund records
About Ionics Power Solutions Private Limited
Data last updated:
Ionics Power Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 25 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74120TG2011PTC077154. Its GSTIN is 36AACCI7518N1Z5 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.39 Cr and a paid-up capital of ₹74.34 Lakh. It is led by directors Arup Kumar Kar and Mauchumi Baruah.
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 Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.92 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹68.21 Lakh (net margin 6.2%) and EBITDA of ₹1.28 Cr (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 37% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.94 Cr and satisfied charges of ₹71.8 Lakh on record.
Ionics Power Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0007693). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ionics.co.in.
Company Details of Ionics Power Solutions Private Limited
CIN U74120TG2011PTC077154
Registration Number 077154
Incorporation Date 25 October 2011
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TS-09-0007693
CIN History of Ionics Power Solutions Private Limited
Ionics Power Solutions has one previous CIN (Corporate Identification Number): U74120AP2011PTC077154. The current CIN is U74120TG2011PTC077154, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120TG2011PTC077154 | Current |
| U74120AP2011PTC077154 | Previous |
Key People
Arup Kumar Kar Director Mauchumi Baruah Director Recognitions & Rankings of Ionics Power Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TS-09-0007693
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSurvey No.266/Aa Dommara Pochampally Near Essar Petrol Bunk Quthbullapur Man, Dal, Hyderabad, Telangana, India – 500043
- IndustryEnergy and Power, Power Equipment Manufacturers
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Business Activity of Ionics Power Solutions Private Limited
The main business activity of Ionics Power Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Ionics Power Solutions Private Limited FY 2023 filings available
Ionics Power Solutions Private Limited reported revenue of ₹10.92 Cr (up 57% YoY) for FY 2023.
Revenue · FY 2023
₹10.92 Cr ▲ 57%
Net profit · FY 2023
₹68.21 Lakh margin 6.2%
EBITDA · FY 2023
₹1.28 Cr margin 11.7%
Compounded Annual Growth Rate (CAGR) of Ionics Power Solutions Private Limited
Revenue CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 30%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 29%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 57% growth in the latest year. EBITDA rose 53% 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 of Ionics Power Solutions Private Limited
| 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 | ₹10.92 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹68.21 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 of Ionics Power Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ionics Power Solutions are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Ionics Power Solutions Private Limited
Ionics Power Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arup Kumar Kar | Director | 14 May 2022 | 4 Years 5 Months | Current |
| Mauchumi Baruah | Director | 25 Oct 2011 | 14 Years 11 Months | Current |
Peer Comparison of Ionics Power Solutions Private Limited
Ionics Power Solutions Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Powermax Energies Private Limited | ₹11.03 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | Mumbai, Maharashtra, India |
| Rakesh Transformer Industries Pvt Ltd | ₹11.02 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Pune, Maharashtra, India |
| Electronic Switches (India) Private Limited | ₹11.01 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Nashik, Maharashtra, India |
| Pce Projects Pvt Ltd | ₹10.97 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Kolkata, West Bengal, India |
| Power Transformers Sales and Services India Private Limited | ₹10.93 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ionics Power Solutions Private Limited this company | ₹10.92 Cr (FY 2023) | •••• | •••• | 57.0% | •••• | Hyderabad, Telangana, India |
| Epropelled Systems Private Limited | ₹10.9 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Axiom Controls Private Limited | ₹10.89 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Chandigarh, India |
| Creacent Elecinfra Private Limited | ₹10.88 Cr (FY 2025) | •••• | •••• | 147.0% | •••• | Dehgam, Gujarat, India |
| Vasant Electric and Mechanical Private Limited | ₹10.87 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Jaysingpur, Maharashtra, India |
| Orissa Engineering Udyog Private Limited | ₹10.87 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Cuttack, Odisha, India |
Peers are the five companies nearest above and the five nearest below Ionics Power Solutions by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ionics Power Solutions Private Limited
Ionics Power Solutions Private Limited is audited by S L R & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S L R & ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Ionics Power Solutions Private Limited
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Charges & Borrowings of Ionics Power Solutions Private Limited
Open charges
₹1.94 Cr
Satisfied charges
₹71.8 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Feb 2020 | Sidbi | ₹50 Lakh | Open |
| 12 Dec 2018 | Sidbi | ₹44 Lakh | Open |
| 26 Nov 2015 | Small Industries Development Bank of India | ₹1 Cr | Open |
| 22 Dec 2012 | Canara Bank | ₹71.8 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Ionics Power Solutions Private Limited
Ionics Power Solutions Private Limited has a workforce of 35 employees as of Mar 27, 2024.
Employee count
35
Active EPFO establishments
1
Employee growth
2.94%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Ionics Power Solutions Private Limited
Ionics Power Solutions Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Arup Kumar Kar was appointed as Director on 14 May 2022.
AGM
Ionics Power Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Ionics Power Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
Appointed
Arup Kumar Kar was appointed as Director.
Ceased
Kakilati Purushotham Venkata ceased to be Director.
Charges
A charge with Sidbi amounted to Rs. 0.50 Cr with Charge ID 100321320 was registered on 04 Feb 2020.
Charges
A charge with Sidbi amounted to Rs. 0.44 Cr with Charge ID 100222986 was registered on 12 Dec 2018.
Charges
A charge registered on 22 Dec 2012 via Charge ID 10449401 with Canara Bank was fully satisfied on 19 Apr 2016.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 1.00 Cr with Charge ID 10606898 was registered on 26 Nov 2015.
Charges
A charge with Canara Bank amounted to Rs. 0.72 Cr with Charge ID 10449401 was registered on 22 Dec 2012.
Appointed
Mauchumi Baruah was appointed as Director.
Incorporation
25 Oct 2011
Ionics Power Solutions Private Limited was registered on 25 Oct 2011 with Roc Hyderabad & aged 14 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Ionics Power Solutions Private Limited
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MSME Payment Delays by Ionics Power Solutions Private Limited
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Subsidiaries & Group Companies of Ionics Power Solutions Private Limited
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GST Compliance of Ionics Power Solutions Private Limited
Ionics Power Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCI7518N1Z5 | Telangana | Active | 01 Jul 2017 |
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MCA Filings & Documents of Ionics Power Solutions Private Limited
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Frequently Asked Questions about Ionics Power Solutions Private Limited
Ionics Power Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 25 October 2011 (15+ years old) and is registered under CIN U74120TG2011PTC077154.
Ionics Power Solutions reported revenue of ₹10.92 Cr for FY 2023 (up 57% YoY).
Ionics Power Solutions has 2 current directors:
- Arup Kumar Kar - Director
- Mauchumi Baruah - Director
Ionics Power Solutions reported a net profit of ₹68.21 Lakh (net margin 6.2%) and EBITDA of ₹1.28 Cr (EBITDA margin 11.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ionics Power Solutions is 30% over three years and 37% over five years. In the latest year (FY 2023) revenue rose 57%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ionics Power Solutions is 36AACCI7518N1Z5, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ionics Power Solutions is U74120TG2011PTC077154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ionics Power Solutions was incorporated on 25 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Ionics Power Solutions by revenue are Powermax Energies Private Limited, Rakesh Transformer Industries Pvt Ltd, Electronic Switches (India) Private Limited, Pce Projects Pvt Ltd, Power Transformers Sales and Services India Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Arup Kumar Kar was appointed as Director on 14 May 2022. Kakilati Purushotham Venkata ceased to be Director on 14 May 2022. Mauchumi Baruah was appointed as Director on 25 Oct 2011.
Yes, Ionics Power Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).