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Mirth Power Private Limited - energy and power in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.52 Cr
▼ 2% YoY
Net loss · FY 2024
₹25.83 Lakh
Net margin -2.1%
EBITDA · FY 2024
-₹9.32 Lakh
EBITDA margin -0.7%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹32 Lakh
Issued & subscribed
Open charges
₹70 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Mirth Power Private Limited
Data last updated:
Mirth Power Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the oil and gas marketing services segment of the energy and power sector. It was incorporated on 05 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U34300TN2018PTC124390. Its GSTIN is 33AAMCM0528J1ZH (Tamil Nadu).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹32 Lakh. It is led by directors Lakshmipriya Parthasarathy and Srinivasan Parthasarathy.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.52 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹25.83 Lakh (net margin -2.1%) and EBITDA of -₹9.32 Lakh (EBITDA margin -0.7%). Revenue has grown at a compounded annual rate (CAGR) of 113% over three years.
As per MCA filings, the company has open charges of ₹70 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in October 2021. Its 4 peer companies in the Oil and Gas industry (Oil and Gas Marketing), with the same principal business activity (retail trading) are compared by revenue, 1 larger and 3 smaller; the largest is Veekay Enterprises Pvt Limited with revenue of ₹12.57 Cr.
Mirth Power Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0030289). For more details, the company can be reached via its website everpower.in.
Company details
CIN U34300TN2018PTC124390
Registration Number 124390
Incorporation Date 05 September 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-24-0030289
Recognitions & Rankings of Mirth Power
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-24-0030289
Contact details
Mirth Power Private Limited's registered office is in Chennai, Tamil Nadu. Its website is everpower.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.37 Indra Street Plot No. 388 Varatharajapuram Nazarathpet Poonamall, Ee, Chennai, Tamil Nadu, India – 600123
- IndustryEnergy and Power, Oil & Gas Marketing Services
To see the full contact details of Mirth Power Private Limited, buy the company report.
Comprehensive company report
Mirth Power 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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Business activity
The main business activity of Mirth Power is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Mirth Power Private Limited, buy the company report.
Financials of Mirth Power Private Limited
FY 2025 filings availableMirth Power Private Limited reported revenue of ₹12.52 Cr (down 2% YoY) for FY 2024.
Revenue · FY 2024
₹12.52 Cr ▼ 2%
Net loss · FY 2024
₹25.83 Lakh margin -2.1%
EBITDA · FY 2024
-₹9.32 Lakh margin -0.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 113%
EBITDA CAGR growth
1 year
▲ 50%
3 years · compounded
▼ 45%
5 years · compounded
▼ 24%
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 113%. EBITDA rose 50% 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 |
|---|---|---|---|---|---|
| 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 | -₹9.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25.83 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.7% | ||||
| Net Profit Margin | -2.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Mirth Power Private Limited, buy the company report.
Board of directors of Mirth Power Private Limited
Mirth Power 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 |
|---|---|---|---|---|
| Lakshmipriya Parthasarathy | Director | 05 Sep 2018 | 8 Years 2 Months | Current |
| Srinivasan Parthasarathy | Director | 05 Sep 2018 | 8 Years 2 Months | Current |
Peer comparison
Mirth Power Private Limited is compared with the 4 companies closest to it by revenue in the Oil and Gas industry (Oil and Gas Marketing), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Veekay Enterprises Pvt Limited | ₹12.57 Cr (FY 2024) | -20.0% | Guwahati, Assam, India | |||
| Mirth Power Private Limitedthis company | ₹12.52 Cr (FY 2024) | -₹25.83 Lakh | -2.1% | -2.0% | Chennai, Tamil Nadu, India | |
| Hari Engicon Private Limited | ₹12.34 Cr (FY 2025) | 591.0% | Bihar, India | |||
| T and T Fuel Solutions Private Limited | ₹12.01 Cr (FY 2024) | 1677.0% | Pune, Maharashtra, India | |||
| Devico Fuels Private Limited | ₹11.6 Cr (FY 2025) | -13.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Mirth Power Private Limited, buy the company report.
Auditor
Mirth Power Private Limited is audited by A V DEVEN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V DEVEN & CO | FY 2022 | 000726S |
Shareholding
The shareholding of Mirth Power Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mirth Power Private Limited, buy the company report.
Charges & borrowings
Open charges
₹70 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2022 | 100546411 | Canara Bank | ₹70 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Mirth Power Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in October 2021.
Total deals
2
Rights issue
1
Secondary share transfer
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Rights issue | ₹31 Lakh | Investors: an individual |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mirth Power Private Limited has 1 court case on record: 1 filed by Mirth Power. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruvallur, Tamil Nadu | Court case (COS) | Filed by the company against an individual | Pending |
To see the full case history of Mirth Power 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 Mirth Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mirth Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAMCM0528J1ZH | Tamil Nadu | Active | 28 Nov 2020 |
To see the full GST registrations and return filing status of Mirth Power Private Limited, buy the company report.
Recent activity
Mirth Power Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Gayathri Badrinarayanan ceased to be Director on 20 Sep 2019.
AGM
Mirth Power Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mirth Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Canara Bank amounted to Rs. 70.00 Lakh with Charge ID 100546411 was registered on 18 Feb 2022.
Ceased
Gayathri Badrinarayanan ceased to be Director.
Ceased
Rangachari Srinivasan ceased to be Director.
Appointed
Lakshmipriya Parthasarathy was appointed as Director.
Appointed
Srinivasan Parthasarathy was appointed as Director.
Incorporation
05 Sep 2018
Mirth Power Private Limited was registered on 05 Sep 2018 with Roc Chennai & aged 8 years 2 months as per MCA records.
Frequently asked questions
Mirth Power is an active private limited company based in Chennai, Tamil Nadu, India. The company works in oil and gas marketing services, within the energy and power industry. It was incorporated on 05 September 2018 (8+ years old) and is registered under CIN U34300TN2018PTC124390.
Mirth Power has 2 current directors:
- Lakshmipriya Parthasarathy - Director
- Srinivasan Parthasarathy - Director
The latest financial statements of Mirth Power 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 FY 2019 are in the company report.
The GSTIN of Mirth Power is 33AAMCM0528J1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mirth Power is U34300TN2018PTC124390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mirth Power has 1 court case on record: 1 filed by the company. 1 is pending.
Mirth Power was incorporated on 05 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
Mirth Power has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in October 2021.
The peers of Mirth Power by revenue are Veekay Enterprises Pvt Limited, Hari Engicon Private Limited, T and T Fuel Solutions Private Limited, Devico Fuels Private Limited, all in the Oil and Gas industry (Oil and Gas Marketing), with the same principal business activity (retail trading).
Gayathri Badrinarayanan ceased to be Director on 20 Sep 2019. Rangachari Srinivasan ceased to be Director on 20 Sep 2019. Lakshmipriya Parthasarathy was appointed as Director on 05 Sep 2018. Mirth Power has 4 board changes on record in total.
Yes, Mirth Power is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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