Midas Powertech Private Limited
About Midas Powertech Private Limited
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Midas Powertech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 10 May 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1989PTC051678.
The company has an authorised share capital of ₹4.62 Cr and a paid-up capital of ₹63.6 Lakh. It is led by directors Shailendra T Singh and Nina Ranka.
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 309 Pioneer Industrial Estate Subhash Road Jogeshwari (East), Mumbai, Maharashtra, India – 400060.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.91 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹2.81 Lakh (net margin -18.8%) and EBITDA of ₹16,607 (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 9% over five years.
Court records list 2 cases involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address309 Pioneer Industrial Estate Subhash Road Jogeshwari (East), Mumbai, Maharashtra, India – 400060
- IndustryEnergy and Power, Power Transmission & Distribution Services
- 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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Financials of Midas Powertech Private Limited FY 2025 filings available
Midas Powertech Private Limited reported revenue of ₹14.91 Lakh (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Midas Powertech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 51% fall in the latest year. EBITDA fell 65% 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 Midas Powertech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹16,607 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.81 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 Midas Powertech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -18.8% | •••• | •••• | •••• | •••• |
| 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 Midas Powertech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Midas Powertech Private Limited
Midas Powertech Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Broking Services, HR Outsourcing, Transmission and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ultimate Search Private Limited | ₹14.94 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Thane, Maharashtra, India |
| Hakeemji Financial Enterprises Private Limited | ₹14.93 Lakh (FY 2024) | •••• | •••• | 2861.0% | •••• | Hardoi, Uttar Pradesh, India |
| Sentinel Workforce Private Limited | ₹14.92 Lakh (FY 2025) | •••• | •••• | •••• | Khurda, Odisha, India | |
| Pawanshiv Commodeal Private Limited | ₹14.92 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Kolkata, West Bengal, India |
| Padmakshi Commodities Private Limited | ₹14.91 Lakh (FY 2024) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Midas Powertech Private Limited this company | ₹14.91 Lakh (FY 2025) | •••• | •••• | -51.0% | •••• | Mumbai, Maharashtra, India |
| Wave 9 IT Solutions Private Limited | ₹14.91 Lakh (FY 2024) | •••• | •••• | 21.0% | •••• | Hyderabad, Telangana, India |
| United Stalwarts Private Limited | ₹14.9 Lakh (FY 2024) | •••• | •••• | -23.0% | •••• | New Delhi, Delhi, India |
| Exemplary People Private Limited | ₹14.9 Lakh (FY 2025) | •••• | •••• | 49.0% | •••• | Hyderabad, Telangana, India |
| Shanti Devi Commercial Private Limited | ₹14.9 Lakh (FY 2018) | •••• | •••• | -74.0% | •••• | New Delhi, Delhi, India |
| Digitalq Information Services Private Limited | ₹14.9 Lakh (FY 2025) | •••• | •••• | 1183.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Midas Powertech by revenue in the Outsourcing industry (Broking Services, HR Outsourcing, Transmission and Distribution), 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 Midas Powertech Private Limited
Midas Powertech Private Limited is audited by Hiren Buch Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Hiren Buch Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Midas Powertech Private Limited
Midas Powertech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra T Singh Also directs: Veenapani Advisory Services LLP, Ken Software Technologies Limited, Dhanrashi Tradelink Private Limited and 5 more | Director | 01 Oct 2014 | 12 Years 0 Months | Current |
| Nina Ranka Also directs: Veenapani Advisory Services LLP, Kanika Ranka Studios LLP, Goldsmith Vinimay LLP and 5 more | Director | 01 Jul 2008 | 18 Years 3 Months | Current |
Ownership and Shareholding of Midas Powertech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Midas Powertech Private Limited
Midas Powertech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Midas Powertech Private Limited
Midas Powertech Private Limited has 2 court cases on record: 1 filed by Midas Powertech, 1 where it is another party. All cases are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Company is another party | Disposed |
| Bombay High Court | Tax appeal | Filed by the company against Income Tax Officer Ward 9 (1) (2) | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Midas Powertech Private Limited
Employment history and EPFO contributions of people linked to Midas Powertech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Midas Powertech Private Limited
Midas Powertech Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Arun Jain ceased to be Director on 04 Oct 2014.
Credit Ratings, Litigation & Regulatory Alerts for Midas Powertech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Midas Powertech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Midas Powertech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Midas Powertech Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Midas Powertech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Midas Powertech Private Limited
Midas Powertech is an active private limited company based in Mumbai, Maharashtra, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 10 May 1989 (37+ years old) and is registered under CIN U51900MH1989PTC051678.
Midas Powertech reported revenue of ₹14.91 Lakh for FY 2025 (down 51% YoY).
Midas Powertech has 2 current directors:
- Shailendra T Singh - Director
- Nina Ranka - Director
Midas Powertech reported a net loss of ₹2.81 Lakh (net margin -18.8%) and EBITDA of ₹16,607 (EBITDA margin 1.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Midas Powertech is -42% over three years and -9% over five years. In the latest year (FY 2025) revenue fell 51%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Midas Powertech is U51900MH1989PTC051678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas Powertech has 2 court cases on record: 1 filed by the company.
Midas Powertech was incorporated on 10 May 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Midas Powertech by revenue are Ultimate Search Private Limited, Hakeemji Financial Enterprises Private Limited, Sentinel Workforce Private Limited, Pawanshiv Commodeal Private Limited, Padmakshi Commodities Private Limited and 5 more, all in the Outsourcing industry (Broking Services, HR Outsourcing, Transmission and Distribution).
Arun Jain ceased to be Director on 04 Oct 2014. Shailendra T Singh was appointed as Director on 01 Oct 2014. Arunprasad Ail ceased to be Director on 02 Feb 2009. Midas Powertech has 5 board changes on record in total.
The registered office of Midas Powertech is at 309 Pioneer Industrial Estate Subhash Road Jogeshwari East, Mumbai, Maharashtra, India – 400060.