Startup India Government of India
Ovonel Powertech India Private Limited
Ovonel Powertech India Private Limited - business services in Panvel, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.43 Cr
▲ 114% YoY
Net profit · FY 2025
₹7.43 Lakh
Net margin 5.2%
EBITDA · FY 2025
₹11.03 Lakh
EBITDA margin 7.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
6
Provident fund records
Directors on board
2
As per MCA filings
About Ovonel Powertech India Private Limited
Data last updated:
Ovonel Powertech India Private Limited is a private limited company based in Panvel, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diversified business activities segment of the business services sector. It was incorporated on 05 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC302471. Its GSTIN is 27AACCO6066H1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shantanu Uttam Kumar Sharma and Binapani Devi.
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 Flat A – 203 Kamdhenu Aura Plot No. 17/18 Sector 04 Taloja Panchnand Phase 1, Panvel, Maharashtra, India – 410208.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.43 Cr, a growth of 114% compared to the previous year. For the same year it recorded a net profit of ₹7.43 Lakh (net margin 5.2%) and EBITDA of ₹11.03 Lakh (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 36% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ovonel.
Ovonel Powertech India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0034104). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Ovonel Powertech India Private Limited
CIN U74999MH2017PTC302471
Registration Number 302471
Incorporation Date 05 December 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0034104
Recognitions & Rankings of Ovonel Powertech India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0034104
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat A – 203 Kamdhenu Aura Plot No. 17/18 Sector 04 Taloja Panchnand Phase 1, Panvel, Maharashtra, India – 410208
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
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Business Activity of Ovonel Powertech India Private Limited
The main business activity of Ovonel Powertech India is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Ovonel Powertech India Private Limited FY 2025 filings available
Ovonel Powertech India Private Limited reported revenue of ₹1.43 Cr (up 114% YoY) for FY 2025.
Revenue · FY 2025
₹1.43 Cr ▲ 114%
Net profit · FY 2025
₹7.43 Lakh margin 5.2%
EBITDA · FY 2025
₹11.03 Lakh margin 7.7%
Compounded Annual Growth Rate (CAGR) of Ovonel Powertech India Private Limited
Revenue CAGR growth
1 year
▲ 114%
3 years · compounded
▲ 27%
5 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▲ 347%
3 years · compounded
▼ 2%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 114% growth in the latest year. EBITDA rose 347% 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 Ovonel Powertech India 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 | ₹11.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.43 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 Ovonel Powertech India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.2% | •••• | •••• | •••• | •••• |
| 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 Ovonel Powertech India are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
Board of Directors of Ovonel Powertech India Private Limited
Ovonel Powertech India 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 |
|---|---|---|---|---|
| Shantanu Uttam Kumar Sharma | Director | 05 Dec 2017 | 8 Years 10 Months | Current |
| Binapani Devi | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
Peer Comparison of Ovonel Powertech India Private Limited
Ovonel Powertech India Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Facility Management Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Square Owners Welfare Association | ₹1.44 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Kolkata, West Bengal, India |
| Indo Labour & Security Services Private Limited | ₹1.44 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Delhi, India |
| Absolut Future Tech Private Limited | ₹1.43 Cr (FY 2023) | •••• | •••• | -51.0% | •••• | Pune, Maharashtra, India |
| Propel Facility Management Services Private Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Kolkata, West Bengal, India |
| Eureka Builders Private Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | -59.0% | •••• | Delhi, India |
| Ovonel Powertech India Private Limited this company | ₹1.43 Cr (FY 2025) | •••• | •••• | 114.0% | •••• | Panvel, Maharashtra, India |
| GMS Facilities Private Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Decora West Hills Sector 1 Owners Association | ₹1.43 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Rajkot, Gujarat, India |
| Kamalraj Hospitality Concepts India Private Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | -66.0% | •••• | Bangalore, Karnataka, India |
| Drovin Management Services Private Limited | ₹1.43 Cr (FY 2023) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| Shruti Multifacility Services Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Rewari, Haryana, India |
Peers are the five companies nearest above and the five nearest below Ovonel Powertech India by revenue in the Business Services industry (Facility Management Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Ovonel Powertech India Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Ovonel Powertech India Private Limited
Ovonel Powertech India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ovonel Powertech India Private Limited
Ovonel Powertech India Private Limited has a workforce of 6 employees as of Apr 08, 2024.
Employee count
6
Active EPFO establishments
1
Employee growth
20%
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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 Ovonel Powertech India Private Limited
Ovonel Powertech India Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Preeti Kumari ceased to be Director on 08 Nov 2021.
AGM
Ovonel Powertech India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ovonel Powertech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Ceased
Preeti Kumari ceased to be Director.
Appointed
Binapani Devi was appointed as Director.
Ceased
Oma Singh ceased to be Director.
Appointed
Shantanu Uttam Kumar Sharma was appointed as Director.
Incorporation
05 Dec 2017
Ovonel Powertech India Private Limited was registered on 05 Dec 2017 with Roc Mumbai Ii & aged 8 years 10 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Ovonel Powertech India Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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Verified entity values are shown only after access is granted.
MSME Payment Delays by Ovonel Powertech India Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Ovonel Powertech India Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Ovonel Powertech India Private Limited
Ovonel Powertech India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCO6066H1ZA | Maharashtra | Active | 13 Dec 2017 |
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GST registrations and filing compliance
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MCA Filings & Documents of Ovonel Powertech India Private Limited
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MCA filings and documents
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Frequently Asked Questions about Ovonel Powertech India Private Limited
Ovonel Powertech India is an active private limited company based in Panvel, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 05 December 2017 (9+ years old) and is registered under CIN U74999MH2017PTC302471.
Ovonel Powertech India reported revenue of ₹1.43 Cr for FY 2025 (up 114% YoY).
Ovonel Powertech India has 2 current directors:
- Shantanu Uttam Kumar Sharma - Director
- Binapani Devi - Director
Ovonel Powertech India reported a net profit of ₹7.43 Lakh (net margin 5.2%) and EBITDA of ₹11.03 Lakh (EBITDA margin 7.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ovonel Powertech India is 27% over three years and 36% over five years. In the latest year (FY 2025) revenue rose 114%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ovonel Powertech India is 27AACCO6066H1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ovonel Powertech India is U74999MH2017PTC302471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ovonel Powertech India was incorporated on 05 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ovonel Powertech India by revenue are Square Owners Welfare Association, Indo Labour & Security Services Private Limited, Absolut Future Tech Private Limited, Propel Facility Management Services Private Limited, Eureka Builders Private Limited and 5 more, all in the Business Services industry (Facility Management Services).
Preeti Kumari ceased to be Director on 08 Nov 2021. Binapani Devi was appointed as Director on 09 Aug 2021. Oma Singh ceased to be Director on 29 Jan 2020. Ovonel Powertech India has 4 board changes on record in total.
Yes, Ovonel Powertech India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).