Mecpower Solutions Limited - energy and power in Vadodara, Gujarat, India. FY 2026 financials and compliance.
CIN U35105GJ2016PLC093940 Incorporated 03 October 2016 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Public Limited Company energy and power
Data last updated
Revenue · FY 2024
₹101.61 Cr
▲ 54.00% YoY
EBITDA · FY 2024
*****
▲ 374.00% YoY
Net profit · FY 2024
*****
▲ 2299.00% YoY
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹7.05 Cr
Issued & subscribed
Open charges
₹105.64 Cr
Satisfied ₹15.48 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
1
Latest available

About Mecpower Solutions Limited

Data last updated: 23 December 2025

Mecpower Solutions Limited is a public limited company based in Vadodara, Gujarat, India. It specialises in bop and btg services, a part of the broader energy and power sector. Incorporated on 03 October 2016, the company has been in operation for over 10 years.

Registered with ROC Ahmedabad under CIN U35105GJ2016PLC093940.

Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.05 Cr. Formerly known as Mecpower Solutions Private Limited. It is led by directors including Manoj Narendrabhai Shah and Kanchanlal Nemchand Shah.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Vadodara, Gujarat.

As per the financials filed for FY 2024, the company reported a revenue of ₹101.61 Cr, a growth of 54% compared to the previous year.

The company has a workforce of approximately 1 employees as per the latest available data.

The company is associated with 1 brand - Mecpower Solutions. As per MCA filings, the company has open charges of ₹105.64 Cr and satisfied charges of ₹15.48 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mecpower.in.

Company Details of Mecpower Solutions Limited
CIN U35105GJ2016PLC093940
Registration Number 093940
Incorporation Date 03 October 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    Fourth Floor Office Number 02/03, Landmark Nr. Priya Cinema Sevasi Canal Road Tp – 02, Vadodara, Gujarat, India – 391101
  • Industry
    Energy and Power, BoP & BTG Services, Power EPC
Company report
Mecpower Solutions Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Mecpower Solutions Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Mecpower Solutions Limited

Mecpower Solutions Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U35105GJ2016PLC093940, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U35105GJ2016PLC093940 Current
U74999GJ2016PLC093940 Previous
U74999GJ2016PTC093940 Previous

Associated Brands with Mecpower Solutions Limited

Mecpower Solutions Limited operates one associated brand: MECpower Solutions. These brands represent Mecpower Solutions Limited's diversified market presence and brand portfolio.

Brand Description Website
Delivers end-to-end power solutions and EPC services for the renewable energy sector. mecpower.in

Competitors & Alternatives of Mecpower Solutions Limited

Brands and companies operating in the same space as Mecpower Solutions Limited include Enel X, Fourth Partner Energy, TotalEnergies and 6 more.

Competitor Description Location Founded
Enel X Enel X Utility-scale renewable energy projects are developed by Enel X. Boston, United States, United States 2001
Fourth Partner Energy Fourth Partner Energy On-grid and off-grid solar solutions and products are provided. Hyderabad, India, India 2010
TotalEnergies TotalEnergies TotalEnergies is engaged in producing and marketing multi-energy solutions. Paris, France, France 1924
Origis Energy Origis Energy Utility-scale and commercial solar projects are developed worldwide. Miami, United States, United States 2008
Alight Alight Solar solutions are provided for energy-intensive businesses by Alight. Stockholm, Sweden, Sweden 2013
SPIE SPIE SPIE is recognized as a leading European provider of multi-technical services in energy and communications. Cergy, France, France 1998
Sterling And Wilson Sterling And Wilson EPC and MEP services are provided across diverse sectors. Mumbai, India, India 1927
Hillman Group Hillman Group Hardware and home improvement products are supplied to retail markets. Cincinnati, United States, United States 1964
REC Solar REC Solar Commercial solar projects are designed, installed, and financed. San Luis Obispo, United States, United States 1997

Board of Directors of Mecpower Solutions Limited

Mecpower Solutions Limited is currently managed by 6 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Manoj Narendrabhai Shah Director 03 Oct 2016 9 Years 9 Months Current
Kanchanlal Nemchand Shah Director 03 Oct 2016 9 Years 9 Months Current
Setul Kanchanlal Shah Director 03 Oct 2016 9 Years 9 Months Current
Kiran Rajesh Mishra Director 21 Apr 2023 3 Years 2 Months Current
Devansh Shah Director 21 Apr 2023 3 Years 2 Months Current
Ashokkumar Jivaraj Chavda Additional Director 22 May 2025 1 Years 1 Months Current

Financials of Mecpower Solutions Limited FY 2024 filings available

Mecpower Solutions Limited reported revenue of ₹101.61 Cr (up 54% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹101.61 Cr ▲ 54%
Profit
***** ▲ 2299%
EBITDA
***** ▲ 374%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Mecpower Solutions Limited

Open charges
₹105.64 Cr
Satisfied charges
₹15.48 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹59.64 Cr
Axis Bank Limited₹40.00 Cr
Others₹6.00 Cr
Latest charge details
DateLenderAmountStatus
08 Oct 2025 Axis Bank Limited ₹40 Cr Open
08 Aug 2025 Others ₹6 Cr Open
09 Aug 2024 Hdfc Bank Limited ₹14.4 Lakh Open
22 Aug 2023 Hdfc Bank Limited ₹59.5 Cr Open
09 Sep 2022 Axis Bank Limited ₹6.5 Cr Satisfied

Total charge records: 8 View all charges

Employees and EPFO Compliance at Mecpower Solutions Limited

View historical data on people associated with Mecpower Solutions Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Mecpower Solutions Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Mecpower Solutions Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Mecpower Solutions Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Mecpower Solutions Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Mecpower Solutions Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Mecpower Solutions Limited

MSME Payment Delays by Mecpower Solutions Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Mecpower Solutions Limited

Subsidiaries & Group Companies of Mecpower Solutions Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Mecpower Solutions Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Mecpower Solutions Limited

MCA Filings & Documents of Mecpower Solutions Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Mecpower Solutions Limited

Charges
08 Oct 2025
A charge with Axis Bank Limited amounted to Rs. 40.00 Cr with Charge ID 101166736 was registered on 08 Oct 2025.
Charges
08 Oct 2025
A charge with Axis Bank Limited of Rs. 40.00 Cr registered on 08 Oct 2025 with Charge ID 101166736 was modified on 08 Oct 2025.
Charges
08 Aug 2025
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101135850 was registered on 08 Aug 2025.
Directors
22 May 2025
Ashokkumar Jivaraj Chavda was appointed as a Additional Director on 22 May 2025 & has been associated with this company since 1 year 1 month.
Charges
06 May 2025
A charge with Hdfc Bank Limited of Rs. 59.50 Cr registered on 22 Aug 2023 with Charge ID 100788119 was modified on 06 May 2025.
Activity
30 Sep 2024
Mecpower Solutions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

Recent News on Mecpower Solutions Limited

Frequently Asked Questions about Mecpower Solutions Limited

Mecpower Solutions Limited is an active public limited company in the energy and power sector based in Vadodara, Gujarat, India. It was incorporated on 03 October 2016 (10+ years old) and is registered under CIN U35105GJ2016PLC093940. The company has 1 employees.

Mecpower Solutions Limited reported revenue of ₹101.61 Cr for FY 2024 (up 54.00% YoY).

The primary industry of Mecpower Solutions Limited is energy and power. The company specifically operates in bop and btg services. The company is currently active in this sector.

Mecpower Solutions Limited can be reached at the registered office: Fourth Floor Office Number 0203, Landmark Nr. Priya Cinema Sevasi Canal Road Tp – 02, Vadodara, Gujarat, India – 391101, or through the website mecpower.in.

The authorised capital is ₹15 Cr, and the paid-up capital is ₹7.05 Cr.

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