About Parakeet Power Pvt Ltd
Data last updated:
Parakeet Power Pvt Ltd is a private limited company based in Rajkot, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 18 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40106GJ1995PTC025484. Its GSTIN is 24AABCP2849J1ZC (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹18.41 Lakh. It is led by directors Dhruv Rameshbhai Vadhadia and Rameshchandra Thakarshibhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Powerfarmat&Polajaimorbirajkothighwaytal.Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.65 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹7,000 (net margin 0.9%) and EBITDA of ₹3.1 Lakh (EBITDA margin 40.5%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 35% over five years.
The company is associated with 1 brand: Parakeet Power. As per MCA filings, the company has satisfied charges of ₹1.03 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parakeetpower.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPowerfarmat&Polajaimorbirajkothighwaytal.Morbi, Gujarat, India – 363641
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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 of Parakeet Power Pvt Ltd
The main business activity of Parakeet Power is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Parakeet Power Pvt Ltd FY 2024 filings available
Parakeet Power Pvt Ltd reported revenue of ₹7.65 Lakh (down 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Parakeet Power Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 27% fall in the latest year. EBITDA fell 24% 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 Parakeet Power Pvt Ltd
| 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 | ₹3.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7,000 | •••• | •••• | •••• | •••• |
| 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 Parakeet Power Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Parakeet Power 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 Parakeet Power Pvt Ltd
Parakeet Power Pvt Ltd is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Juzzflip India Private Limited | ₹7.9 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Kancheepuram, Tamil Nadu, India |
| Megavolt Gee Transformers Private Limited | ₹7.87 Lakh (FY 2025) | •••• | •••• | 29.0% | •••• | Liluah, West Bengal, India |
| Cafom Services India Private Limited | ₹7.75 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Tiger Impex Private Limited | ₹7.74 Lakh (FY 2020) | •••• | •••• | 221.0% | •••• | Delhi, India |
| Perfect Radiators and Oil Coolers Private Limited | ₹7.73 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Parakeet Power Pvt Ltd this company | ₹7.65 Lakh (FY 2024) | •••• | •••• | -27.0% | •••• | Rajkot, Gujarat, India |
| Stur Technologies Private Limited | ₹7.65 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Chennai, Tamil Nadu, India |
| Vedav Energy Solutions Private Limited | ₹7.62 Lakh (FY 2024) | •••• | •••• | -64.0% | •••• | Bangalore, Karnataka, India |
| 1Shivinn Innotech Private Limited | ₹7.62 Lakh (FY 2024) | •••• | •••• | •••• | Jammu, Jammu and Kashmir, India | |
| Komal Electrotech Private Limited | ₹7.62 Lakh (FY 2024) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Ictus Electronics Pvt Ltd | ₹7.55 Lakh (FY 2024) | •••• | •••• | 57.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Parakeet Power by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Parakeet Power Pvt Ltd
Parakeet Power Pvt Ltd is audited by S V K & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S V K & 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 Parakeet Power Pvt Ltd
Parakeet Power has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhruv Rameshbhai Vadhadia | Director | 08 Aug 2011 | 15 Years 2 Months | Current |
| Rameshchandra Thakarshibhai Patel Also directs: Parot Power Private Limited, Sno Bizdeals Private Limited | Director | 19 Feb 2021 | 5 Years 7 Months | Current |
Ownership and Shareholding of Parakeet Power Pvt Ltd
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 Parakeet Power Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 1998 | State Bank of Saurashtra | ₹2.5 Lakh | Satisfied |
| 17 Nov 1995 | State Bank of Saurashtra | ₹1 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Parakeet Power Pvt Ltd
Parakeet Power Pvt Ltd has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | 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.
Associated Brands with Parakeet Power Pvt Ltd
Parakeet Power operates one associated brand: Parakeet Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| LED lighting products and energy-saving solutions in India. | parakeetpower.com |
Employees and EPFO Compliance at Parakeet Power Pvt Ltd
Employment history and EPFO contributions of people linked to Parakeet Power.
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 Parakeet Power Pvt Ltd
Parakeet Power Pvt Ltd has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Anand Rameshbhai Vadhadia ceased to be Director on 22 Feb 2021.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Parakeet Power Pvt Ltd
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 Parakeet Power Pvt Ltd
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 Parakeet Power Pvt Ltd
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 Parakeet Power Pvt Ltd
Parakeet Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP2849J1ZC | Gujarat | Active | 01 Jul 2017 |
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 Parakeet Power Pvt Ltd
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 Parakeet Power Pvt Ltd
Parakeet Power is an active private limited company based in Rajkot, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 18 April 1995 (31+ years old) and is registered under CIN U40106GJ1995PTC025484.
Parakeet Power reported revenue of ₹7.65 Lakh for FY 2024 (down 27% YoY).
Parakeet Power has 2 current directors:
- Dhruv Rameshbhai Vadhadia - Director
- Rameshchandra Thakarshibhai Patel - Director
Parakeet Power reported a net profit of ₹7,000 (net margin 0.9%) and EBITDA of ₹3.1 Lakh (EBITDA margin 40.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Parakeet Power is -32% over three years and -35% over five years. In the latest year (FY 2024) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Parakeet Power is 24AABCP2849J1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Parakeet Power is U40106GJ1995PTC025484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parakeet Power has 2 court cases on record: 2 filed against it.
Parakeet Power was incorporated on 18 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Parakeet Power by revenue are Juzzflip India Private Limited, Megavolt Gee Transformers Private Limited, Cafom Services India Private Limited, Tiger Impex Private Limited, Perfect Radiators and Oil Coolers Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Anand Rameshbhai Vadhadia ceased to be Director on 22 Feb 2021. Rameshchandra Thakarshibhai Patel was appointed as Director on 19 Feb 2021. Rameshchandra Thakarshibhai Patel ceased to be Director on 31 Dec 2014. Parakeet Power has 6 board changes on record in total.