- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0054532

About Perennial Technologies Private Limited
Data last updated:
Perennial Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 13 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27101PN2005PTC021013. Its GSTIN is 27AADCP6596J1ZS (Maharashtra). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Yashwant Hanmant Desai and Yogita Yashwant Desai.
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 Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹67.85 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.84 Cr (net margin 5.7%) and EBITDA of ₹11.3 Cr (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 7% over five years.
The company has about 259 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Perennial Technologies. As per MCA filings, the company has open charges of ₹82.68 Cr and satisfied charges of ₹28.48 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹36.5 Lakh; the latest was in March 2008. Its 3 peer companies in the BFSI industry (Machinery and Equipment Leasing), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities) are compared by revenue, 2 larger and 1 smaller; the largest is Aggreko India Private Limited with revenue of ₹69.82 Cr.
Perennial Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0054532). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powerrental.co.in.
Company details
CIN history
Perennial Technologies has one previous CIN (Corporate Identification Number): U29120PN2005PTC021013. The current CIN is U27101PN2005PTC021013, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27101PN2005PTC021013 | Current |
| U29120PN2005PTC021013 | Previous |
Recognitions & Rankings of Perennial Technologies
Contact details
Perennial Technologies Private Limited's registered office is in Pune, Maharashtra.
- Social Media
- Registered AddressS No – 13/2 Perennial House Plot No – 70 Sagar Co – Op Society Bavdhan, Khurd, Pune, Maharashtra, India – 411021
- IndustryFinancial Services, Equipment Leasing & Financing
- 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
Brands
Perennial Technologies operates one associated brand: Perennial Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Generator rental, power solutions, and equipment services in India. | powerrental.co.in |
Business activity
The main business activity of Perennial Technologies is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Perennial Technologies Private Limited, buy the company report.
Financials of Perennial Technologies Private Limited
FY 2024 filings availablePerennial Technologies Private Limited reported revenue of ₹67.85 Cr (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 13% growth in the latest year. EBITDA rose 16% 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 |
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| EBITDA | ₹11.3 Cr | ||||
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| Net Profit (PAT) | ₹3.84 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 16.7% | ||||
| Net Profit Margin | 5.7% | ||||
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To see the full financial statements and ratios of Perennial Technologies Private Limited, buy the company report.
Board of directors of Perennial Technologies Private Limited
Perennial Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashwant Hanmant Desai Also directs: Perennial Utility Equipments Private Limited, Perennial Energy Private Limited, Perennial Logistics Private Limited and 2 more | Director | 13 Jul 2005 | 21 Years 3 Months | Current |
| Yogita Yashwant Desai Also directs: Perennial Utility Equipments Private Limited, Perennial Energy Private Limited, Perennial Logistics Private Limited and 2 more | Director | 13 Jul 2005 | 21 Years 3 Months | Current |
| Yogesh Yashwant Desai Also directs: Perennial Utility Equipments Private Limited, Perennial Hydrotech Private Limited, Welkin Logistics and Services LLP and 5 more | Director | 01 Apr 2008 | 18 Years 6 Months | Current |
Peer comparison
Perennial Technologies Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aggreko India Private Limited | ₹69.82 Cr (FY 2025) | -5.0% | Pune, Maharashtra, India | |||
| Aayush Shreyesh Properties Private Limited | ₹68.95 Cr (FY 2025) | 6.0% | Ranchi, Jharkhand, India | |||
| Perennial Technologies Private Limitedthis company | ₹67.85 Cr (FY 2024) | ₹3.84 Cr | 5.7% | 13.0% | Pune, Maharashtra, India | |
| Wickedride Adventure Services Private Limited | ₹64.22 Cr (FY 2025) | -28.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Perennial Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2025 | 101191598 | Axis Bank Limited | ₹44.83 Lakh | Open | |
| 14 Oct 2025 | 101184132 | Axis Bank Limited | ₹1.93 Cr | Open | |
| 16 Sep 2025 | 101170789 | Axis Bank Limited | ₹2.18 Cr | Open | |
| 02 Sep 2025 | 101162702 | Hdfc Bank Limited | ₹1.47 Cr | Open | |
| 26 Aug 2025 | 101165193 | Others | ₹13.12 Lakh | Open |
To see the full charge records of Perennial Technologies Private Limited, buy the company report.
Total charge records: 134 View all charges
Deals & funding
Perennial Technologies Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹36.5 Lakh; the latest was in March 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2008 | Funding round | ₹36.5 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Perennial Technologies Private Limited has 4 court cases on record: 2 filed by Perennial Technologies, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S Inox Wind Infrastructure Services Ltd. Through Vineet Valentine Davis | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Axis Bank Ltd. and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by R. B. Traders Through Kamaljeet Rajpal S/O. Laxman Rajpal | Disposed |
| District court, Dindigul, Tamil Nadu | Motor accident claim | Filed against the company by individuals | Disposed |
To see the full case history of Perennial Technologies 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.
Credit ratings & regulatory alerts
Perennial Technologies Private Limited was last rated by Crisil on 09 Jul 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 09 Jul 2019 |
To see the full credit ratings and regulatory alerts of Perennial Technologies Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Perennial Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Perennial Technologies has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP6596J1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Perennial Technologies Private Limited, buy the company report.
Recent activity
Perennial Technologies Private Limited has 3 board changes on record since 2005: 3 appointments. The latest: Yogesh Yashwant Desai was appointed as Director on 01 Apr 2008.
173 earlier events are in the company report.
Frequently asked questions
Perennial Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 13 July 2005 (21+ years old) and is registered under CIN U27101PN2005PTC021013.
Perennial Technologies has 3 current directors:
- Yashwant Hanmant Desai - Director
- Yogita Yashwant Desai - Director
- Yogesh Yashwant Desai - Director
The latest financial statements of Perennial Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Perennial Technologies is 27AADCP6596J1ZS, registered in Maharashtra. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Perennial Technologies is U27101PN2005PTC021013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Perennial Technologies has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending.
Perennial Technologies was incorporated on 13 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Perennial Technologies has 1 deal on record (1 funding round), with disclosed funding of ₹36.5 Lakh; the latest was in March 2008.
The peers of Perennial Technologies by revenue are Aggreko India Private Limited, Aayush Shreyesh Properties Private Limited, Wickedride Adventure Services Private Limited, all in the BFSI industry (Machinery and Equipment Leasing), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities).
Yogesh Yashwant Desai was appointed as Director on 01 Apr 2008. Yashwant Hanmant Desai was appointed as Director on 13 Jul 2005. Yogita Yashwant Desai was appointed as Director on 13 Jul 2005.
Yes, Perennial Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0054532).