About Pme Power Solutions (India) Limited
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Pme Power Solutions (India) Limited is a public limited company based in New Delhi, Delhi, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 October 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32109DL1988PLC033680. Its GSTIN is 09AAACP1698Q1ZM (Uttar Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹34.27 Cr. It was formerly known as Pme Transformers (India) Limited and P M Electronics Limited. It is led by directors including Anil Kumar Aggarwal (Managing Director) and Manish Sehgal.
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 F – 20 F/F Sheikh Sarai Near Apj School, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.53 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹94.99 Lakh (net margin -6.5%) and EBITDA of ₹7.62 Cr (EBITDA margin 52.4%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 69% over five years.
The company is associated with 1 brand: PME Power Solutions. As per MCA filings, the company has open charges of ₹112.83 Cr and satisfied charges of ₹281.48 Cr on record. Court records list 72 cases involving the company, including 21 filed by the company and 51 filed against it; 15 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹49.39 Cr; the latest was in December 2013. Its 5 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 4 smaller; the largest is Genco Power Switchgears Private Limited with revenue of ₹14.64 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pmepowersolutions.in.
Company details
Name history
Pme Power Solutions (India) has undergone 2 name changes throughout its history. The company was previously known as Pme Transformers (India) Limited, and P M Electronics Limited. The current legal name is Pme Power Solutions (India) Limited.
| Company Name | Status |
|---|---|
| Pme Power Solutions (India) Limited | Current |
| Pme Transformers (India) Limited | Previous |
| P M Electronics Limited | Previous |
Contact details
Pme Power Solutions (India) Limited's registered office is in New Delhi, Delhi. Its website is pmepowersolutions.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF – 20 F/F Sheikh Sarai Near Apj School, New Delhi, Delhi, India – 110017
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Pme Power Solutions (India) Limited, buy the company report.
- 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
Pme Power Solutions (India) operates one associated brand: PME Power Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| BIS-certified transformers are manufactured in India by the company. | pmepowersolutions.com |
Business activity
The main business activity of Pme Power Solutions (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Pme Power Solutions (India) Limited, buy the company report.
Financials of Pme Power Solutions (India) Limited
FY 2024 filings availablePme Power Solutions (India) Limited reported revenue of ₹14.53 Cr (down 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 69%. 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 | ₹7.62 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹94.99 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.4% | ||||
| Net Profit Margin | -6.5% | ||||
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To see the full financial statements and ratios of Pme Power Solutions (India) Limited, buy the company report.
Board of directors of Pme Power Solutions (India) Limited
Pme Power Solutions (India) has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Singh | Additional Director | 23 Feb 2024 | 2 Years 8 Months | Current |
| Anil Kumar Aggarwal | Managing Director | 27 Oct 1988 | 38 Years 0 Months | Current |
| Manish Sehgal | Director | 28 Dec 2012 | 13 Years 10 Months | Current |
Peer comparison
Pme Power Solutions (India) Limited is compared with the 5 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Genco Power Switchgears Private Limited | ₹14.64 Cr (FY 2025) | -33.0% | Delhi, India | |||
| Pme Power Solutions (India) Limitedthis company | ₹14.53 Cr (FY 2024) | -₹94.99 Lakh | -6.5% | -44.0% | New Delhi, Delhi, India | |
| Spectrum Solutions and Technologies Private Limited | ₹14.51 Cr (FY 2025) | -48.0% | Surat, Gujarat, India | |||
| Okay Tools Pvt Ltd | ₹14.48 Cr (FY 2024) | -13.0% | Nashik, Maharashtra, India | |||
| Archit Electricals Pvt Ltd | ₹14.43 Cr (FY 2025) | 4.0% | Vadodara, Gujarat, India | |||
| Dausa Transformer Udhyog Private Limited | ₹14.41 Cr (FY 2024) | 6.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Pme Power Solutions (India) Limited, buy the company report.
Auditor
Pme Power Solutions (India) Limited is audited by RAMESH GOYAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH GOYAL & ASSOCIATES | FY 2023 | 004306N |
Shareholding
The shareholding of Pme Power Solutions (India) 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 Pme Power Solutions (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Feb 2013 | 10413676 | Others | ₹36 Cr | Open | |
| 26 Sep 2011 | 10310504 | First Leasing Company of India Limited | ₹51 Lakh | Open | |
| 28 Jan 2011 | 10272802 | First Leasing Company of India Limited | ₹32 Lakh | Open | |
| 10 Jan 2011 | 10263141 | Export Import Bank of India | ₹20 Cr | Open | |
| 11 Oct 2010 | 10244567 | First Leasing Company of India Limited | ₹5 Cr | Open |
To see the full charge records of Pme Power Solutions (India) Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Pme Power Solutions (India) Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹49.39 Cr; the latest was in December 2013.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: Sterlite Gird 4 Limited & Pooja Aggarwal, 2 individuals Seller: 2 individuals |
| Mar 2011 | Funding round | ₹34.5 Lakh | Investors: 3 individuals |
| Aug 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Aug 2008 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Sterlite Gird 4 Limited & Pooja Aggarwal, an individual |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Pme Power Solutions (India) 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
Pme Power Solutions (India) Limited has 72 court cases on record: 21 filed by Pme Power Solutions (India), 51 filed against it. 15 cases are pending and 57 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 32 | 3 |
| High courts | 22 | 9 | 7 |
| NCLAT | 6 | 6 | 5 |
| Supreme Court | 5 | 3 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (T) (COMM.)) | Filed against the company by M/S. Atlas Shipping Services Pvt Ltd | Pending |
| High Court of Punjab and Haryana | Revision petition | Filed against the company by Punjab State Power Corporation Ltd | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Airen Metals Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Airen Metals Pvt Ltd | Pending |
| District court, Patiala, Punjab | Civil miscellaneous application | Filed by the company against Punjab State Power Corporation Limited | Pending |
To see the full case history of Pme Power Solutions (India) 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
No delayed payments to MSME suppliers are on our record for Pme Power Solutions (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pme Power Solutions (India) has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACP1698Q1ZM | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pme Power Solutions (India) Limited, buy the company report.
Recent activity
Pme Power Solutions (India) Limited has 21 board changes on record since 1988: 3 appointments and 18 cessations. The latest: Anilbhai Ranchhodji Mehta ceased to be Director on 24 Sep 2024.
46 earlier events are in the company report.
Frequently asked questions
Pme Power Solutions (India) is an active public limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 October 1988 (38+ years old) and is registered under CIN U32109DL1988PLC033680.
Pme Power Solutions (India) has 3 current directors:
- Anil Kumar Aggarwal - Managing Director
- Mohan Singh - Additional Director
- Manish Sehgal - Director
The latest financial statements of Pme Power Solutions (India) 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 Pme Power Solutions (India) is 09AAACP1698Q1ZM, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Pme Power Solutions (India) is U32109DL1988PLC033680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pme Power Solutions (India) has 72 court cases on record: 21 filed by the company and 51 filed against it. 15 are pending. Most are in the district courts.
Pme Power Solutions (India) was incorporated on 27 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.
Pme Power Solutions (India) has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹49.39 Cr; the latest was in December 2013.
The peers of Pme Power Solutions (India) by revenue are Genco Power Switchgears Private Limited, Spectrum Solutions and Technologies Private Limited, Okay Tools Pvt Ltd, Archit Electricals Pvt Ltd, Dausa Transformer Udhyog Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Anilbhai Ranchhodji Mehta ceased to be Director on 24 Sep 2024. Mohan Singh was appointed as Additional Director on 23 Feb 2024. Vivek Chandra Malaviya ceased to be CFO on 07 Jan 2021. Pme Power Solutions (India) has 21 board changes on record in total.
Pme Power Solutions (India) can be reached through the website pmepowersolutions.in. Its registered office is in New Delhi, Delhi, India.
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