About Powency Circuit Private Limited
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Powency Circuit Private Limited is a private limited company based in Gandhinagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 13 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2016PTC092921. Its GSTIN is 24AAICP7112M1Z9 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prakash Ramanlal Arya (Managing Director) and Sunil Ramanlal Parmar (Managing Director).
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 Plot. 112/1 Sector 3A, Gandhinagar, Gujarat, India – 382006.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.92 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹32,826 (net margin -1.3%) and EBITDA of -₹7,378 (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 324% over three years and 262% over five years.
The company is associated with 1 brand: Powency.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powency.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot. 112/1 Sector 3A, Gandhinagar, Gujarat, India – 382006
- IndustryInformation Technology, Semiconductor Products & 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
- One PDF report, delivered after checkout
Business Activity of Powency Circuit Private Limited
The main business activity of Powency Circuit 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 Powency Circuit Private Limited FY 2025 filings available
Powency Circuit Private Limited reported revenue of ₹25.92 Lakh (up 212225% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Powency Circuit Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 262% over five years. EBITDA rose 96% 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 Powency Circuit Private Limited
| 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 | -₹7,378 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹32,826 | •••• | •••• | •••• | •••• |
| 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 Powency Circuit Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.3% | •••• | •••• | •••• | •••• |
| 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 Powency Circuit are in the company report.
Financial statements from FY 2017
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 Powency Circuit Private Limited
Powency Circuit Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Semiconductor Products and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vasbeam Private Limited | ₹30 Lakh (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Cognuitdesign Tech Private Limited | ₹29.35 Lakh (FY 2023) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Semicon Design Technologies Private Limited | ₹28.99 Lakh (FY 2024) | •••• | •••• | 340.0% | •••• | Bangalore, Karnataka, India |
| Vividsparks IT Solutions Private Limited (OPC) | ₹27.26 Lakh (FY 2024) | •••• | •••• | •••• | Hubli, Karnataka, India | |
| Esicompute India Private Limited | ₹26.4 Lakh (FY 2024) | •••• | •••• | -67.0% | •••• | Pune, Maharashtra, India |
| Powency Circuit Private Limited this company | ₹25.92 Lakh (FY 2024) | •••• | •••• | 212225.0% | •••• | Gandhinagar, Gujarat, India |
| Nanosemi Tech Solutions Private Limited | ₹24.09 Lakh (FY 2025) | •••• | •••• | •••• | Dadri, Uttar Pradesh, India | |
| Indiavp Semiconductor Private Limited | ₹23.02 Lakh (FY 2025) | •••• | •••• | 400.0% | •••• | Chennai, Tamil Nadu, India |
| Metavlsi Technologies Private Limited | ₹20.69 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Silizium Circuits Private Limited | ₹17.97 Lakh (FY 2024) | •••• | •••• | -13.0% | •••• | Ernakulam, Kerala, India |
| Astrasilica Technologies Private Limited | ₹15.2 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Powency Circuit by revenue in the Information Technology industry (Semiconductor Products and Services), 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 Powency Circuit Private Limited
Powency Circuit Private Limited is audited by PRUTHVIRAJ N. ZALA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRUTHVIRAJ N. ZALA & 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 Powency Circuit Private Limited
Powency Circuit has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bindu Parmar Also directs: Sikern Semiconductor Private Limited | Additional Director | 30 Apr 2022 | 4 Years 5 Months | Current |
| Prakash Ramanlal Arya | Managing Director | 13 Jul 2016 | 10 Years 2 Months | Current |
| Sunil Ramanlal Parmar Also directs: Sikern Semiconductor Private Limited | Managing Director | 13 Jul 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Powency Circuit Private Limited
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 Powency Circuit Private Limited
Powency Circuit Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Powency Circuit Private Limited
Powency Circuit operates one associated brand: Powency. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Semiconductor design and manufacturing services are offered by Powency. | powency.com |
Employees and EPFO Compliance at Powency Circuit Private Limited
Employment history and EPFO contributions of people linked to Powency Circuit.
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 Powency Circuit Private Limited
Powency Circuit Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Bindu Parmar was appointed as Additional Director on 30 Apr 2022.
Credit Ratings, Litigation & Regulatory Alerts for Powency Circuit Private Limited
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 Powency Circuit Private Limited
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 Powency Circuit Private Limited
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 Powency Circuit Private Limited
Powency Circuit has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICP7112M1Z9 | 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 Powency Circuit Private Limited
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 Powency Circuit Private Limited
Powency Circuit is an active private limited company based in Gandhinagar, Gujarat, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 13 July 2016 (10+ years old) and is registered under CIN U72900GJ2016PTC092921.
Powency Circuit reported revenue of ₹25.92 Lakh for FY 2024 (up 212225% YoY).
Powency Circuit has 3 current directors:
- Prakash Ramanlal Arya - Managing Director
- Sunil Ramanlal Parmar - Managing Director
- Bindu Parmar - Additional Director
Powency Circuit reported a net loss of ₹32,826 (net margin -1.3%) and EBITDA of -₹7,378 (EBITDA margin -0.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Powency Circuit is 324% over three years and 262% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Powency Circuit is 24AAICP7112M1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Powency Circuit is U72900GJ2016PTC092921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powency Circuit was incorporated on 13 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Powency Circuit by revenue are Vasbeam Private Limited, Cognuitdesign Tech Private Limited, Semicon Design Technologies Private Limited, Vividsparks IT Solutions Private Limited (OPC), Esicompute India Private Limited and 5 more, all in the Information Technology industry (Semiconductor Products and Services).
Bindu Parmar was appointed as Additional Director on 30 Apr 2022. Prakash Ramanlal Arya was appointed as Managing Director on 13 Jul 2016. Sunil Ramanlal Parmar was appointed as Managing Director on 13 Jul 2016.
Yes, Powency Circuit is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).