MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0014273
Planet Power Tools Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹38.61 Cr
▼ 20% YoY
Net profit · FY 2025
₹1.29 Cr
Net margin 3.3%
EBITDA · FY 2025
₹2.16 Cr
EBITDA margin 5.6%
Authorised capital
₹2.3 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹8.83 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
30
Provident fund records
About Planet Power Tools Private Limited
Data last updated:
Planet Power Tools Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 23 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27202MH2008PTC183857. Its GSTIN is 27AAECP7937J1ZW (Maharashtra). The company holds 20 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹2.3 Cr and a paid-up capital of ₹2 Cr. It is led by directors Harshvardan Ramkrishna Shetty (Managing Director) and Niraj Pankaj Bhukhanwala.
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 B – 28 Bhukhanvala Chambers 4th Fl Off New Link Road Extn Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.61 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.29 Cr (net margin 3.3%) and EBITDA of ₹2.16 Cr (EBITDA margin 5.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Planet Power Tools. As per MCA filings, the company has open charges of ₹8.83 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 12 deals on record (7 secondary share transfers, 4 rights issues, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in September 2022. The company has 22 MSME Form 1 returns on record between 2017 and 2024, listing 1,341 overdue payments to 67 micro and small suppliers.
Planet Power Tools Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0014273). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website planetpowertools.com.
Company details
CIN U27202MH2008PTC183857
Registration Number 183857
Incorporation Date 23 June 2008
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
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0014273
Recognitions & Rankings of Planet Power Tools
Contact details
Planet Power Tools Private Limited's registered office is in Mumbai, Maharashtra. Its website is planetpowertools.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 28 Bhukhanvala Chambers 4th Fl Off New Link Road Extn Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Planet Power Tools Private Limited, buy the company report.
Comprehensive company report
Planet Power Tools Private 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
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Brands
Planet Power Tools operates one associated brand: Planet Power Tools. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Dealing in tools, accessories, and appliances in Mumbai. | planetpowertools.com |
Business activity
The main business activities of Planet Power Tools are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Planet Power Tools Private Limited, buy the company report.
Financials of Planet Power Tools Private Limited
FY 2025 filings availablePlanet Power Tools Private Limited reported revenue of ₹38.61 Cr (down 20% YoY) for FY 2025.
Revenue · FY 2025
₹38.61 Cr ▼ 20%
Net profit · FY 2025
₹1.29 Cr margin 3.3%
EBITDA · FY 2025
₹2.16 Cr margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 13%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 8%
5 years · compounded
▲ 64%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 20% fall in the latest year. EBITDA rose 5% 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 | |||||
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| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.29 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 5.6% | ||||
| Net Profit Margin | 3.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Planet Power Tools Private Limited, buy the company report.
Board of directors of Planet Power Tools Private Limited
Planet Power Tools has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshvardan Ramkrishna Shetty | Managing Director | 17 Aug 2015 | 11 Years 2 Months | Current |
| Niraj Pankaj Bhukhanwala Also directs: Hifin Trading Co LLP, Precision Wires India Limited, Precision Wires India Limited and 5 more | Director | 17 Aug 2015 | 11 Years 2 Months | Current |
Auditor
Planet Power Tools Private Limited is audited by Parvathy Ganesh for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Parvathy Ganesh | FY 2023 | 132282 |
Shareholding
The shareholding of Planet Power Tools 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 Planet Power Tools Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.83 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2018 | 100220648 | State Bank of India | ₹8.83 Cr | Open |
To see the full charge records of Planet Power Tools Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Planet Power Tools Private Limited has 12 deals on record (7 secondary share transfers, 4 rights issues, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in September 2022.
Total deals
12
Secondary share transfers
7
Rights issues
4
Funding round
1
Disclosed funding
₹1.5 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Rights issue | ₹70 Lakh | Investors: 2 individuals |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Bhukhanwala Holdings Private Limited, an individual |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Hifin Trading LLP |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Bhukhanwala Holdings Private Limited Seller: Hifin Capital Private Limited |
| Mar 2012 | Funding round | ₹1.5 Cr | Investors: Hifin Capital Private Limited |
To see the full deal history of Planet Power Tools Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Planet Power Tools Private Limited has 4 court cases on record: 2 filed by Planet Power Tools, 2 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against an individual | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
| District court, Yavatmal, Maharashtra | Civil suit | Filed against the company by State of Mah. | Disposed |
To see the full case history of Planet Power Tools 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
Planet Power Tools Private Limited has 22 MSME Form 1 returns on record between 2017 and 2024, listing 1,341 overdue payments to 67 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 67)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Ishaan Engineering | |||
| an individual supplier |
To see the full MSME payment records of Planet Power Tools Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Planet Power Tools has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Planet Power Tools Private Limited has a workforce of 30 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
-25%
GST
Planet Power Tools has 20 GST registrations: 8 active and 12 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
20
Active
8
Cancelled / inactive
12
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP7937J1ZW | Maharashtra | Active | 01 Jul 2017 |
| 07AAECP7937J1ZY | Delhi | Active | 01 Jul 2017 |
| 19AAECP7937J1ZT | West Bengal | Active | 01 Jul 2017 |
| 24AAECP7937J1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Planet Power Tools Private Limited, buy the company report.
Recent activity
Planet Power Tools Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Harshvardan Ramkrishna Shetty ceased to be Director on 01 Jul 2016.
AGM
Planet Power Tools Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Planet Power Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with State Bank Of India of Rs. 8.83 Cr registered on 29 Nov 2018 with Charge ID 100220648 was modified on 29 Dec 2021.
Charges
A charge with State Bank Of India amounted to Rs. 8.83 Cr with Charge ID 100220648 was registered on 29 Nov 2018.
Ceased
Harshvardan Ramkrishna Shetty ceased to be Director.
Ceased
Amrutlal Somnath Mistry ceased to be Director.
Ceased
Radhakrishnan Kodakara Unni ceased to be Director.
Appointed
Harshvardan Ramkrishna Shetty was appointed as Managing Director.
Appointed
Niraj Pankaj Bhukhanwala was appointed as Director.
Ceased
Niraj Pankaj Bhukhanwala ceased to be Director.
Ceased
Nitish Madhukant Bhukhanwala ceased to be Director.
Incorporation
23 Jun 2008
Planet Power Tools Private Limited was registered on 23 Jun 2008 with Roc Mumbai & aged 18 years 4 months as per MCA records.
Frequently asked questions
Planet Power Tools is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 23 June 2008 (18+ years old) and is registered under CIN U27202MH2008PTC183857.
Planet Power Tools has 2 current directors:
- Harshvardan Ramkrishna Shetty - Managing Director
- Niraj Pankaj Bhukhanwala - Director
The latest financial statements of Planet Power Tools 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 Planet Power Tools is 27AAECP7937J1ZW, registered in Maharashtra. The company has 20 GST registrations in all, of which 8 are active and 12 are cancelled or inactive. Other active GSTINs include 07AAECP7937J1ZY (Delhi), 19AAECP7937J1ZT (West Bengal), 24AAECP7937J1Z2 (Gujarat).
The CIN (Corporate Identification Number) of Planet Power Tools is U27202MH2008PTC183857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Planet Power Tools has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Planet Power Tools was incorporated on 23 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Planet Power Tools has 12 deals on record (7 secondary share transfers, 4 rights issues, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in September 2022.
Harshvardan Ramkrishna Shetty ceased to be Director on 01 Jul 2016. Amrutlal Somnath Mistry ceased to be Director on 24 Aug 2015. Radhakrishnan Kodakara Unni ceased to be Director on 24 Aug 2015. Planet Power Tools has 7 board changes on record in total.
Yes, Planet Power Tools is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0014273).
Planet Power Tools has 22 MSME Form 1 returns on record between 2017 and 2024, listing 1,341 overdue payments to 67 micro and small suppliers. The latest return was filed on 30 Apr 2024.