- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0072540

About Paras Power Engineering Private Limited
Data last updated:
Paras Power Engineering Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 29 December 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31102KA2000PTC028379. Its GSTIN is 29AACCP5879P1ZD (Karnataka).
The company has an authorised share capital of ₹99 Lakh and a paid-up capital of ₹99 Lakh. It is led by directors including Mahesh Dhanayakumar Shah (Managing Director) and Rishab Mahesh Shah.
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 Plot No.434 12th Cross 4th Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.63 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹30.53 Lakh (net margin 2.6%) and EBITDA of ₹1.03 Cr (EBITDA margin 8.9%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 1% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.3 Cr on record. Court records list 14 cases involving the company, including 9 filed by the company and 5 filed against it.
Paras Power Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0072540). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paraspower.in.
Company details
Recognitions & Rankings of Paras Power Engineering
Contact details
Paras Power Engineering Private Limited's registered office is in Bangalore, Karnataka. Its website is paraspower.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.434 12th Cross 4th Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Paras Power Engineering Private Limited, buy the company report.
- 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
Business activity
The main business activity of Paras Power Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Paras Power Engineering Private Limited, buy the company report.
Financials of Paras Power Engineering Private Limited
FY 2025 filings availableParas Power Engineering Private Limited reported revenue of ₹11.63 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 8% fall in the latest year. EBITDA fell 17% 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 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 | ₹1.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.53 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 2.6% | ||||
| 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 Paras Power Engineering Private Limited, buy the company report.
Board of directors of Paras Power Engineering Private Limited
Paras Power Engineering has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Dhanayakumar Shah Also directs: Shaikshya Kala Private Limited | Managing Director | 29 Dec 2000 | 25 Years 9 Months | Current |
| Rishab Mahesh Shah Also directs: Shaikshya Kala Private Limited | Director | 07 Apr 2022 | 4 Years 6 Months | Current |
| Brahmma Mahesh Shah Also directs: Shaikshya Kala Private Limited | Director | 29 Dec 2000 | 25 Years 9 Months | Current |
Peer comparison
Paras Power Engineering Private Limited is compared with the 6 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Euroclima (India) Private Limited | ₹11.68 Cr (FY 2025) | 4.0% | Thane, Maharashtra, India | |||
| Gallium Mechatronics Private Limited | ₹11.67 Cr (FY 2025) | 5.0% | Faridabad, Haryana, India | |||
| Amitytrans Techno India Private Limited | ₹11.66 Cr (FY 2024) | 159.0% | Aurangabad, Maharashtra, India | |||
| Abak Electrofab Engineering Pvt Ltd | ₹11.65 Cr (FY 2024) | 23.0% | Mumbai, Maharashtra, India | |||
| Paras Power Engineering Private Limitedthis company | ₹11.63 Cr (FY 2025) | ₹30.53 Lakh | 2.6% | -8.0% | 18 | Bangalore, Karnataka, India |
| Meenakshi Alloys Pvt Ltd | ₹11.62 Cr (FY 2024) | 58.0% | Jaipur, Rajasthan, India | |||
| Spaceage Switchgears Private Limited | ₹11.6 Cr (FY 2025) | 61.0% | Haryana, India |
To see the full peer comparison of Paras Power Engineering Private Limited, buy the company report.
Auditor
Paras Power Engineering Private Limited is audited by Sadashiv Prasad & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sadashiv Prasad & Co | FY 2023 | 010621S |
Shareholding
The shareholding of Paras Power Engineering Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paras Power Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2024 | 101004595 | State Bank of India | ₹33.71 Lakh | Open | |
| 30 Mar 2001 | 80035128 | State Bank of India | ₹10.96 Cr | Open |
To see the full charge records of Paras Power Engineering Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Paras Power Engineering Private Limited has 14 court cases on record: 9 filed by Paras Power Engineering, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 3 | 0 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Banavathy Power Systems Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Triveni Turbine Ltd., | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Mysore Electrical Industries Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (ID) | Filed against the company by an individual | Disposed |
To see the full case history of Paras Power Engineering 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
Paras Power Engineering Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 112 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Swarnagiri Wire Insulations Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Turn and Forge Metal Tec | |||
| an individual supplier |
To see the full MSME payment records of Paras Power Engineering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Paras Power Engineering Private Limited has a workforce of 18 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Paras Power Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCP5879P1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paras Power Engineering Private Limited, buy the company report.
Recent activity
Paras Power Engineering Private Limited has 7 board changes on record since 2000: 3 appointments and 4 cessations. The latest: Rishab Mahesh Shah was appointed as Director on 07 Apr 2022.
1 earlier event is in the company report.
Frequently asked questions
Paras Power Engineering is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 29 December 2000 (26+ years old) and is registered under CIN U31102KA2000PTC028379.
Paras Power Engineering has 3 current directors:
- Mahesh Dhanayakumar Shah - Managing Director
- Rishab Mahesh Shah - Director
- Brahmma Mahesh Shah - Director
The latest financial statements of Paras Power Engineering 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 Paras Power Engineering is 29AACCP5879P1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Paras Power Engineering is U31102KA2000PTC028379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Power Engineering has 14 court cases on record: 9 filed by the company and 5 filed against it. Most are in the district courts.
Paras Power Engineering was incorporated on 29 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Paras Power Engineering by revenue are Euroclima (India) Private Limited, Gallium Mechatronics Private Limited, Amitytrans Techno India Private Limited, Abak Electrofab Engineering Pvt Ltd, Meenakshi Alloys Pvt Ltd and 1 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Rishab Mahesh Shah was appointed as Director on 07 Apr 2022. Dattatraya Dinkar Kavi ceased to be Director on 13 Nov 2020. Radhika Rajendra Shah ceased to be Director on 28 Dec 2010. Paras Power Engineering has 7 board changes on record in total.
Yes, Paras Power Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0072540).
Paras Power Engineering has 3 MSME Form 1 returns on record between 2019 and 2021, listing 112 overdue payments to 17 micro and small suppliers. The latest return was filed on 02 Dec 2021.
Paras Power Engineering can be reached through the website paraspower.in. Its registered office is in Bangalore, Karnataka, India.