- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-09-0001054

About Positron Energy Limited
Data last updated:
Positron Energy Limited is a public limited company based in Gandhinagar, Gujarat, India. It operates in the oil and gas infrastructure services segment of the energy and power sector. It was incorporated on 15 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L01403GJ2008PLC052932. Its GSTIN is 24AAECP5492Q1ZQ (Gujarat). The company holds 4 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on NSE: POSITRON.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.6 Cr. It is led by directors including Rajiv Shankarankutty Menon (Managing Director) and Sujit K Sugathan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Office No. 3 IT Tower – 2 Ground Floor, Infocity Gandhinagar, Gujarat, India – 382007.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹442.15 Cr, a growth of 31.3% compared to the previous year. For the same year it recorded a net profit of ₹20.04 Cr (net margin 4.5%) and EBITDA of ₹22.31 Cr (EBITDA margin 5%). The net worth stands at ₹98.67 Cr (up 25.5% YoY). Total assets are valued at ₹104.29 Cr (up 21.2% YoY).
The company has about 68 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Positron Energy Limited. As per MCA filings, the company has open charges of ₹199.57 Cr and satisfied charges of ₹63 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 ipo), with disclosed funding of ₹41.4 Lakh; the latest was in August 2024.
Positron Energy Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0001054). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website positron-india.com.
Company details
CIN history
Positron Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L01403GJ2008PLC052932, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L01403GJ2008PLC052932 | Current |
| U01403GJ2008PTC052932 | Previous |
| U01403GJ2008PLC052932 | Previous |
Recognitions & Rankings of Positron Energy
Contact details
Positron Energy Limited's registered office is in Gandhinagar, Gujarat.
- Registered AddressOffice No. 3 IT Tower – 2 Ground Floor, Infocity Gandhinagar, Gujarat, India – 382007
- IndustryEnergy and Power, Oil & Gas Infrastructure Services
- 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
Positron Energy operates one associated brand: Positron Energy Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Management and engineering consultancy for oil and gas is provided. | positron-india.com |
Business activity
The main business activities of Positron Energy are professional, scientific and technical and electricity, gas, steam and air condition supply. In detail, this covers management consultancy activities and manufacture of gas, distribution of gaseous fuels. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | |
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Positron Energy Limited, buy the company report.
Financials of Positron Energy Limited
FY 2025-26 filings availablePositron Energy Limited reported revenue of ₹442.15 Cr (up 31.3% YoY) for FY 2025-26.
Financial Highlights
FY 2023-24 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 135 | 51.43 | 8.69 | 3.41 |
| Revenue growth | +162.0% | +491.8% | +154.8% | - |
| EBITDA | 12.03 | 2.99 | 0.88 | (1.23) |
| EBITDA margin | +8.9% | +5.8% | +10.1% | -36.1% |
| Profit before tax | 11.88 | 2.86 | 0.79 | 0.29 |
| Net profit | 8.77 | 2.12 | 0.59 | 0.09 |
| Net profit margin | +6.5% | +4.1% | +6.8% | +2.6% |
| EPS (₹) | 15.83 | 61.33 | 16.71 | 6.58 |
| Balance sheet | ||||
| Total assets | 25.25 | 13.12 | 7.24 | 4.49 |
| Net worth | 14.89 | 5.67 | 3.55 | 3.29 |
| Total debt | 10.28 | 7.42 | 3.68 | 1.20 |
| Cash & bank | 17.45 | 7.54 | 3.81 | 2.76 |
| Net working capital | 22.68 | 9.78 | 4.78 | 2.65 |
| Cash flow | ||||
| Cash from operations | 6.35 | 0.99 | (0.69) | (1.52) |
| Cash from investing | 1.23 | (0.60) | (0.60) | (0.72) |
| Cash from financing | 2.33 | 3.34 | 2.34 | 0.79 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 442 | 337 | 135 | 51.43 | 8.69 |
| Revenue growth | +31.3% | +150.0% | +162.0% | +491.8% | - |
| EBITDA | 22.31 | 20.91 | 11.99 | 3.00 | 0.89 |
| EBITDA margin | +5.1% | +6.2% | +8.9% | +5.8% | +10.2% |
| Profit before tax | 27.10 | 21.98 | 11.84 | 2.87 | 0.80 |
| Net profit | 20.04 | 17.78 | 8.77 | 2.16 | 0.60 |
| Net profit margin | +4.5% | +5.3% | +6.5% | +4.2% | +6.9% |
| EPS (₹) | 26.37 | 23.40 | 15.78 | 61.50 | 16.92 |
| Balance sheet | |||||
| Total assets | 104 | 86.05 | 25.26 | 13.57 | 7.70 |
| Net worth | 98.67 | 78.63 | 14.91 | 6.15 | 4.02 |
| Total debt | 5.35 | 7.29 | 10.28 | 7.42 | 3.68 |
| Cash & bank | 81.00 | 65.66 | 17.45 | 7.54 | 3.81 |
| Net working capital | 92.75 | 80.29 | 22.50 | 10.21 | 5.21 |
| Cash flow | |||||
| Cash from operations | 20.30 | 7.15 | 6.64 | 4.97 | 1.31 |
| Cash from investing | (1.86) | (0.63) | 0.99 | (0.60) | (0.60) |
| Cash from financing | (3.10) | 41.69 | 2.29 | (0.64) | 0.33 |
Financial Statements
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Revenue | 135 | 51.43 | 8.69 | 3.41 |
| Revenue growth | +162.0% | +491.8% | +154.8% | - |
| Other income | 0.69 | 0.60 | 0.28 | 1.75 |
| Total expenses | 123 | 48.44 | 7.81 | 4.64 |
| Employee cost | 4.59 | 2.93 | 1.86 | 1.03 |
| EBITDA | 12.03 | 2.99 | 0.88 | (1.23) |
| EBITDA margin | +8.9% | +5.8% | +10.1% | -36.1% |
| Depreciation | 0.26 | 0.31 | 0.22 | 0.19 |
| Interest | 0.58 | 0.42 | 0.15 | 0.04 |
| Profit before tax | 11.88 | 2.86 | 0.79 | 0.29 |
| Tax | 3.11 | 0.74 | 0.20 | 0.05 |
| Net profit | 8.77 | 2.12 | 0.59 | 0.09 |
| Net profit margin | +6.5% | +4.1% | +6.8% | +2.6% |
| EPS (₹) | 15.83 | 61.33 | 16.71 | 6.58 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 5.55 | 0.35 | 0.35 | 0.35 |
| Reserves & surplus | 9.34 | 5.32 | 3.20 | 2.94 |
| Shareholders' funds (net worth) | 14.89 | 5.67 | 3.55 | 3.29 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 3.95 | 1.44 | 1.66 | 1.01 |
| Unsecured loans | 6.33 | 5.98 | 2.02 | 0.19 |
| Total debt | 10.28 | 7.42 | 3.68 | 1.20 |
| Total liabilities | 25.25 | 13.12 | 7.24 | 4.49 |
| Assets | ||||
| Gross block | 3.08 | 2.95 | 2.74 | 1.87 |
| Net block | 1.92 | 2.05 | 2.15 | 1.51 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 2.69 | 3.83 | 1.02 | 0.00 |
| Sundry debtors | 14.58 | 9.47 | 1.67 | 1.25 |
| Cash & bank balances | 17.45 | 7.54 | 3.81 | 2.76 |
| Loans & advances | 0.60 | 0.55 | 0.40 | 0.27 |
| Total current assets | 35.32 | 21.39 | 6.90 | 4.28 |
| Total current liabilities | 12.64 | 11.61 | 2.12 | 1.63 |
| Net working capital | 22.68 | 9.78 | 4.78 | 2.65 |
| Total assets | 25.25 | 13.12 | 7.24 | 4.49 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Opening cash | 7.54 | 3.81 | 2.76 | 4.22 |
| Net cash from operating activities | 6.35 | 0.99 | (0.69) | (1.52) |
| Net cash from investing activities | 1.23 | (0.60) | (0.60) | (0.72) |
| Net cash from financing activities | 2.33 | 3.34 | 2.34 | 0.79 |
| Net change in cash | 9.91 | 3.73 | 1.04 | (1.45) |
| Closing cash | 17.45 | 7.54 | 3.81 | 2.76 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | +162.0% | +491.8% | +154.8% | - |
| EBITDA growth | +302.3% | +239.8% | +171.5% | - |
| PBT growth | +315.4% | +262.0% | +172.4% | +9997.0% |
| Net income growth | +313.7% | +259.3% | +555.6% | - |
| Revenue CAGR (3Y) | +240.6% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | +6.5% | +4.1% | +6.8% | +7.0% |
| Return on capital employed | +65.0% | +32.3% | +16.0% | +3.1% |
| Return on net worth | +85.5% | +46.2% | +17.0% | +2.4% |
| Debt / equity | 0.86 | 1.20 | 0.71 | 0.36 |
| Long-term debt / equity | 0.71 | 1.16 | 0.67 | 0.35 |
| Interest cover | 4.93 | 15.67 | 22.73 | -2.82 |
| Efficiency & per share | ||||
| Fixed asset turnover | 44.69 | 18.08 | 3.77 | 1.82 |
| Inventory turnover | 41.33 | 21.21 | 17.04 | 0.00 |
| Debtors turnover | 11.20 | 9.23 | 5.95 | 2.73 |
| EPS (₹) | 15.83 | 61.33 | 16.71 | 6.58 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 26.82 | 163.36 | 102.15 | 94.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 442 | 337 | 135 | 51.43 | 8.69 |
| Revenue growth | +31.3% | +150.0% | +162.0% | +491.8% | - |
| Other income | 6.24 | 2.59 | 0.69 | 0.60 | 0.28 |
| Total expenses | 420 | 316 | 123 | 48.43 | 7.80 |
| Employee cost | 5.25 | 4.70 | 4.59 | 2.91 | 1.85 |
| EBITDA | 22.31 | 20.91 | 11.99 | 3.00 | 0.89 |
| EBITDA margin | +5.1% | +6.2% | +8.9% | +5.8% | +10.2% |
| Depreciation | 0.29 | 0.27 | 0.26 | 0.31 | 0.22 |
| Interest | 1.16 | 1.25 | 0.58 | 0.42 | 0.15 |
| Profit before tax | 27.10 | 21.98 | 11.84 | 2.87 | 0.80 |
| Tax | 7.06 | 4.20 | 3.10 | 0.73 | 0.20 |
| Net profit | 20.04 | 17.78 | 8.77 | 2.16 | 0.60 |
| Net profit margin | +4.5% | +5.3% | +6.5% | +4.2% | +6.9% |
| EPS (₹) | 26.37 | 23.40 | 15.78 | 61.50 | 16.92 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 7.60 | 7.60 | 5.55 | 0.35 | 0.35 |
| Reserves & surplus | 91.07 | 71.03 | 9.36 | 5.80 | 3.67 |
| Shareholders' funds (net worth) | 98.67 | 78.63 | 14.91 | 6.15 | 4.02 |
| Secured loans | 0.71 | 2.69 | 3.95 | 1.22 | 1.44 |
| Unsecured loans | 4.64 | 4.60 | 6.33 | 6.20 | 2.24 |
| Total debt | 5.35 | 7.29 | 10.28 | 7.42 | 3.68 |
| Total liabilities | 104 | 86.05 | 25.26 | 13.57 | 7.70 |
| Assets | |||||
| Gross block | 3.35 | 3.29 | 3.08 | 2.95 | 2.74 |
| Net block | 1.62 | 1.86 | 1.92 | 2.05 | 2.15 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Inventories | 5.30 | 5.38 | 2.69 | 3.83 | 1.02 |
| Sundry debtors | 26.13 | 32.08 | 14.58 | 9.89 | 2.08 |
| Cash & bank balances | 81.00 | 65.66 | 17.45 | 7.54 | 3.81 |
| Loans & advances | 4.02 | 6.38 | 3.29 | 0.56 | 0.40 |
| Total current assets | 116 | 110 | 38.01 | 21.82 | 7.31 |
| Total current liabilities | 23.70 | 29.21 | 15.51 | 11.61 | 2.10 |
| Net working capital | 92.75 | 80.29 | 22.50 | 10.21 | 5.21 |
| Total assets | 104 | 86.05 | 25.26 | 13.57 | 7.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 65.66 | 17.45 | 7.54 | 3.81 | 2.76 |
| Net cash from operating activities | 20.30 | 7.15 | 6.64 | 4.97 | 1.31 |
| Net cash from investing activities | (1.86) | (0.63) | 0.99 | (0.60) | (0.60) |
| Net cash from financing activities | (3.10) | 41.69 | 2.29 | (0.64) | 0.33 |
| Net change in cash | 15.34 | 48.21 | 9.91 | 3.73 | 1.04 |
| Closing cash | 81.00 | 65.66 | 17.45 | 7.54 | 3.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +31.3% | +150.0% | +162.0% | +491.8% | - |
| EBITDA growth | +6.7% | +74.4% | +299.7% | +237.1% | - |
| PBT growth | +23.3% | +85.6% | +312.5% | +258.8% | +9997.0% |
| Net income growth | +12.7% | +102.7% | +306.0% | +260.0% | - |
| Revenue CAGR (3Y) | +104.9% | +238.4% | - | - | - |
| EBITDA CAGR (3Y) | +95.2% | +186.4% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +4.5% | +5.3% | +6.5% | +4.2% | +6.9% |
| Return on capital employed | +29.7% | +41.7% | +64.0% | +30.8% | +12.3% |
| Return on net worth | +22.6% | +38.0% | +83.2% | +41.9% | +14.7% |
| Debt / equity | 0.07 | 0.19 | 0.84 | 1.09 | 0.92 |
| Long-term debt / equity | 0.01 | 0.02 | 0.10 | 0.26 | 0.36 |
| Interest cover | 5.27 | 6.06 | 4.94 | 15.61 | 22.39 |
| Efficiency & per share | |||||
| Fixed asset turnover | 133.18 | 105.75 | 44.69 | 18.08 | 3.17 |
| Inventory turnover | 82.80 | 83.47 | 41.33 | 21.21 | 8.52 |
| Debtors turnover | 15.19 | 14.44 | 11.01 | 8.59 | 4.18 |
| EPS (₹) | 26.37 | 23.40 | 15.78 | 61.50 | 16.92 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 129.82 | 103.45 | 26.85 | 177.17 | 115.68 |
To see the full year-wise statements and ratios of Positron Energy Limited, buy the company report.
Board of directors of Positron Energy Limited
Positron Energy has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Shankarankutty Menon Also directs: Positron Ventures Private Limited, Positron Renewables Limited, Calcutta Compressions & Liquefaction Engineering Ltd and 1 more | Managing Director | 15 Feb 2008 | 18 Years 8 Months | Current |
| Sujit K Sugathan | Whole-Time Director | 15 Feb 2008 | 18 Years 8 Months | Current |
| Manav Bahri | Whole-Time Director | 15 Feb 2008 | 18 Years 8 Months | Current |
| Sheela Varma | Director | 08 Oct 2024 | 2 Years 0 Months | Current |
| Safalta Sachin Gupta | Director | 17 Jan 2024 | 2 Years 9 Months | Current |
| Suresh Ayyappankutty | Director | 17 Jan 2024 | 2 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2026 | 101278474 | Yes Bank Limited | ₹50 Cr | Open | |
| 24 Mar 2021 | 100433661 | Hdfc Bank Limited | ₹149.57 Cr | Open | |
| 30 Jan 2016 | 10618946 | Kotak Mahindra Bank Limited | ₹63 Lakh | Satisfied |
To see the full charge records of Positron Energy Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Positron Energy Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 ipo), with disclosed funding of ₹41.4 Lakh; the latest was in August 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | IPO | ₹51.21 Cr | Investors: Ipo Shareholders - Positron Energy Limited, Bofa Securities Europe Sa - Odi, Nav Capital Vcc - Nav Capital Emerging Star Fund |
| Feb 2019 | Rights issue | ₹10.8 Lakh | Investors: 4 individuals |
| Nov 2013 | Funding round | ₹11.9 Lakh | Investors: 3 individuals |
| Mar 2011 | Funding round | ₹29.5 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Positron Energy Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Positron Energy 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 Positron Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Positron Energy has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECP5492Q1ZQ | Gujarat | Active | 01 Jul 2017 |
| 24AAECP5492Q2ZP | Gujarat | Active | 07 Apr 2025 |
| 27AAECP5492Q1ZK | Maharashtra | Active | 26 Mar 2024 |
| 20AAECP5492Q1ZY | Jharkhand | Active | 26 Dec 2024 |
To see the full GST registrations and return filing status of Positron Energy Limited, buy the company report.
Recent activity
Positron Energy Limited has 15 board changes on record since 2008: 7 appointments and 8 cessations. The latest: Sheela Varma ceased to be Additional Director on 24 Dec 2024.
11 earlier events are in the company report.
Frequently asked questions
Positron Energy is an active public limited company based in Gandhinagar, Gujarat, India. The company works in oil and gas infrastructure services, within the energy and power industry. It was incorporated on 15 February 2008 (18+ years old) and is registered under CIN L01403GJ2008PLC052932. Listed on NSE: POSITRON.
Positron Energy reported revenue of ₹442.15 Cr for FY 2025-26 (up 31.3% YoY) based on standalone financials.
Positron Energy has 6 current directors:
- Rajiv Shankarankutty Menon - Managing Director
- Sujit K Sugathan - Whole-Time Director
- Manav Bahri - Whole-Time Director
- Sheela Varma - Director
- Safalta Sachin Gupta - Director
- Suresh Ayyappankutty - Director
The latest financial statements of Positron Energy on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Positron Energy is 24AAECP5492Q1ZQ, registered in Gujarat. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 24AAECP5492Q2ZP (Gujarat), 27AAECP5492Q1ZK (Maharashtra), 20AAECP5492Q1ZY (Jharkhand).
The CIN (Corporate Identification Number) of Positron Energy is L01403GJ2008PLC052932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Positron Energy is a listed company as per MCA records. Its shares are listed on NSE (symbol: POSITRON).
Positron Energy has 2 court cases on record: 2 filed against it.
Positron Energy was incorporated on 15 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Positron Energy has 4 deals on record (2 funding rounds, 1 rights issue, 1 ipo), with disclosed funding of ₹41.4 Lakh; the latest was in August 2024.