MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0117123
Powertrac Solar Projects Limited - energy and power in Surendranagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹35.22 Cr
▲ 43% YoY
Net profit · FY 2025
₹52.78 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹1.39 Cr
EBITDA margin 4%
Authorised capital
₹2.27 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹8.43 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
15
Provident fund records
About Powertrac Solar Projects Limited
Data last updated:
Powertrac Solar Projects Limited is a public limited company based in Surendranagar, Gujarat, India, a subsidiary of Samarth Life Sciences Private Limited. It operates in the power epc segment of the energy and power sector. It was incorporated on 12 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40106GJ2013PLC076021. Its GSTIN is 24AAHCP2875N1ZW (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.27 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Kishorsinh Bhikhubha Zala (Managing Director) and Nilam Kishorsinh Zala.
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 Survey No – 451 Behind Ardeec Engineering Ambavadi Wadhwan GIDC, Surendranagar, Gujarat, India – 363035.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.22 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹52.78 Lakh (net margin 1.5%) and EBITDA of ₹1.39 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 25% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Powertrac Group. As per MCA filings, the company has open charges of ₹8.43 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Powertrac Solar Projects Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0117123). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powertracgroup.com.
Company details
CIN U40106GJ2013PLC076021
Registration Number 076021
Incorporation Date 12 July 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Samarth Life Sciences Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0117123
Key People
Kishorsinh Bhikhubha Zala Managing Director Nilam Kishorsinh Zala Director Divyrajsinh Kishorsinh Zala Director Recognitions & Rankings of Powertrac Solar Projects
Contact details
Powertrac Solar Projects Limited's registered office is in Surendranagar, Gujarat. Its website is powertracgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No – 451 Behind Ardeec Engineering Ambavadi Wadhwan GIDC, Surendranagar, Gujarat, India – 363035
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Powertrac Solar Projects Limited, buy the company report.
Comprehensive company report
Powertrac Solar Projects 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Powertrac Solar Projects operates one associated brand: Powertrac Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solar energy services and products. | powertracgroup.com |
Business activity
The main business activity of Powertrac Solar Projects is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Powertrac Solar Projects Limited, buy the company report.
Financials of Powertrac Solar Projects Limited
FY 2025 filings availablePowertrac Solar Projects Limited reported revenue of ₹35.22 Cr (up 43% YoY) for FY 2025.
Revenue · FY 2025
₹35.22 Cr ▲ 43%
Net profit · FY 2025
₹52.78 Lakh margin 1.5%
EBITDA · FY 2025
₹1.39 Cr margin 4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 29%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 15%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 43% growth in the latest year. EBITDA rose 6% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹1.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52.78 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Powertrac Solar Projects Limited, buy the company report.
Board of directors of Powertrac Solar Projects Limited
Powertrac Solar Projects has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilam Kishorsinh Zala Also directs: Powertrac Greenpro Private Limited | Director | 19 Mar 2022 | 4 Years 7 Months | Current |
| Kishorsinh Bhikhubha Zala Also directs: Powertrac Packaging Private Limited, Powertrac Urja Private Limited, Powertrac Assets Private Limited and 5 more | Managing Director | 12 Jul 2013 | 13 Years 3 Months | Current |
| Divyrajsinh Kishorsinh Zala Also directs: Powertrac Assets Private Limited, Powertrac Sun Urja Private Limited, Powertrac Renew Energies Private Limited and 5 more | Director | 19 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Powertrac Solar Projects Limited is audited by Shah Sanghvi & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Sanghvi & Associates | FY 2024 | 140107W |
Shareholding
The shareholding of Powertrac Solar Projects Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Powertrac Solar Projects Limited, buy the company report.
Charges & borrowings
Open charges
₹8.43 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Oct 2018 | 100209676 | Others | ₹43.34 Lakh | Open | |
| 20 Jan 2016 | 10622093 | State Bank of India | ₹8 Cr | Open |
To see the full charge records of Powertrac Solar Projects Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Powertrac Solar Projects Limited has 2 court cases on record: 2 filed by Powertrac Solar Projects. All cases are pending.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mahesana, Gujarat | Commercial matter | Filed by the company against Uttar Gujarat Vij Company Limited (Ugvcl) | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Paschim Gujarat Vij Co. Ltd. and 4 others | Pending |
To see the full case history of Powertrac Solar Projects 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
Powertrac Solar Projects Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 20 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Goldi Solar Private Limited | |||
| Gopi Aluminium | |||
| Powertrac Industries Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Powertrac Solar Projects Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Powertrac Solar Projects Limited has a workforce of 15 employees on its EPFO records as of Feb 24, 2025, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
-34.78%
GST
Powertrac Solar Projects has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCP2875N1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Powertrac Solar Projects Limited, buy the company report.
Recent activity
Powertrac Solar Projects Limited has 9 board changes on record since 2013: 3 appointments and 6 cessations. The latest: Divyrajsinh Kishorsinh Zala ceased to be Additional Director on 30 Sep 2022.
AGM
Powertrac Solar Projects Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Powertrac Solar Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Divyrajsinh Kishorsinh Zala ceased to be Additional Director.
Ceased
Nilam Kishorsinh Zala ceased to be Additional Director.
Ceased
Artiba Bharatsinh Rana ceased to be Director.
Ceased
Bharatsinh Bhikhobha Rana ceased to be Director.
Ceased
Pranav Gunvantlal Shah ceased to be Director.
Ceased
Rajiv Gunvantlal Shah ceased to be Director.
Appointed
Divyrajsinh Kishorsinh Zala was appointed as Director.
Appointed
Nilam Kishorsinh Zala was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.43 Cr with Charge ID 100209676 was registered on 05 Oct 2018.
Charges
A charge with State Bank Of India of Rs. 8.00 Cr registered on 20 Jan 2016 with Charge ID 10622093 was modified on 15 Jan 2018.
3 earlier events are in the company report.
Frequently asked questions
Powertrac Solar Projects is an active public limited company based in Surendranagar, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 12 July 2013 (13+ years old) and is registered under CIN U40106GJ2013PLC076021.
Powertrac Solar Projects has 3 current directors:
- Kishorsinh Bhikhubha Zala - Managing Director
- Nilam Kishorsinh Zala - Director
- Divyrajsinh Kishorsinh Zala - Director
The latest financial statements of Powertrac Solar Projects 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 Powertrac Solar Projects is 24AAHCP2875N1ZW, registered in Gujarat. 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 Powertrac Solar Projects is U40106GJ2013PLC076021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powertrac Solar Projects has 2 court cases on record: 2 filed by the company. 2 are pending. Most are in the district courts.
Powertrac Solar Projects was incorporated on 12 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Divyrajsinh Kishorsinh Zala ceased to be Additional Director on 30 Sep 2022. Nilam Kishorsinh Zala ceased to be Additional Director on 30 Sep 2022. Artiba Bharatsinh Rana ceased to be Director on 21 Mar 2022. Powertrac Solar Projects has 9 board changes on record in total.
Yes, Powertrac Solar Projects is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0117123).
Powertrac Solar Projects has 4 MSME Form 1 returns on record between 2019 and 2020, listing 20 overdue payments to 13 micro and small suppliers. The latest return was filed on 02 May 2020.
Powertrac Solar Projects can be reached through the website powertracgroup.com. Its registered office is in Surendranagar, Gujarat, India.