- #540 Prayasvin B Patel & family ₹6,300 Cr

About Power Build Private Limited
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Power Build Private Limited is a private limited company based in Faridabad, Haryana, India, a subsidiary of Aakaaish Investments Private Limited. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 15 April 1972 and has been in existence for over 54 years.
Its director Prayasvin B Patel and family are #540 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32201HR1972PTC137702. Its GSTIN is 06AABCP2464K1ZD (Haryana). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹2.36 Cr. It was formerly known as Power Build Limited. It is led by directors including Akanksha Patel (Whole-Time Director) and Aayush Alkesh Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 10 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. – 8/6 & 8/6A Industrial Area, Nit – Faridabad Haryana, Haryana, India – 121005.
As per the financials filed for FY 2026, the company reported a revenue of ₹574.17 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹76.96 Cr (net margin 13.4%) and EBITDA of ₹124.44 Cr (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 19% over five years.
The company has about 164 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.55 Cr and satisfied charges of ₹57.75 Cr on record. Court records list 84 cases involving the company, including 47 filed by the company and 37 filed against it; 5 cases are pending. The company has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹20.93 Cr; the latest was in March 2019. Its 4 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 2 smaller; the largest is Roots Multi Clean Limited with revenue of ₹509.95 Cr. The company has 2 MSME Form 1 returns on record between 2020 and 2023, listing 40 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powerbuild.in.
Company details
CIN history
Power Build has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U32201HR1972PTC137702, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32201HR1972PTC137702 | Current |
| U32201GJ1972PLC002065 | Previous |
| U32201GJ1972PTC002065 | Previous |
Recognitions & Rankings of Power Build
Contact details
Power Build Private Limited's registered office is in Faridabad, Haryana.
- Social Media
- Registered AddressPlot No. – 8/6 & 8/6A Industrial Area, Nit – Faridabad Haryana, Haryana, India – 121005
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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
Business activity
The main business activity of Power Build 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 Power Build Private Limited, buy the company report.
Financials of Power Build Private Limited
FY 2025 filings availablePower Build Private Limited reported revenue of ₹574.17 Cr (up 14% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 14% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹124.44 Cr | ||||
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| Net Profit (PAT) | ₹76.96 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | 13.4% | ||||
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To see the full financial statements and ratios of Power Build Private Limited, buy the company report.
Board of directors of Power Build Private Limited
Power Build has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akanksha Patel Also directs: Emtici Engineering Limited, Power Build Private Limited, Aakaaish Investments Private Limited and 5 more | Whole-Time Director | 26 Jun 2013 | 13 Years 4 Months | Current |
| Aayush Alkesh Shah | Whole-Time Director | 22 Dec 2020 | 5 Years 10 Months | Current |
| Pradip Manubhai Patel Also directs: Ziwani Properties LLP, Jadeite Properties LLP, Eimco Elecon (India ) Limited and 5 more | Director | 17 Mar 2011 | 15 Years 7 Months | Current |
| Dineshbhai Manubhai Patel Also directs: Power Build Private Limited, Prayas Engineering Limited, Elecon Peripherals Limited and 1 more | Director | 01 Apr 2007 | 19 Years 6 Months | Current |
| Prayasvin Patel Also directs: Eimco Elecon (India ) Limited, Elecon Engineering Company Limited, Elecon Hydraulics Private Limited and 5 more | Director | 31 Oct 1999 | 26 Years 11 Months | Current |
Peer comparison
Power Build Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products 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 |
|---|---|---|---|---|---|---|
| Power Build Private Limitedthis company | ₹574.17 Cr (FY 2026) | ₹76.96 Cr | 13.4% | 14.0% | Faridabad, Haryana, India | |
| Roots Multi Clean Limited | ₹509.95 Cr (FY 2025) | 16.0% | Coimbatore, Tamil Nadu, India | |||
| S.V.S Refcomp Private Limited | ₹503.55 Cr (FY 2025) | 71.0% | Hyderabad, Telangana, India | |||
| Sunbeam Generators Private Limited | ₹493.43 Cr (FY 2025) | 25.0% | Chennai, Tamil Nadu, India | |||
| Flender Drive Systems Private Limited | ₹489.36 Cr (FY 2025) | 87.0% | Kanchipuram, Tamil Nadu, India |
To see the full peer comparison of Power Build Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jul 2020 | 100351629 | Axis Bank Limited | ₹14.5 Cr | Open | |
| 25 Jul 2017 | 100117248 | State Bank of India | ₹23.05 Cr | Open | |
| 11 Oct 2004 | 80022635 | Axis Bank Limited | ₹3.53 Cr | Satisfied | |
| 15 Mar 1997 | 90113128 | State Bank of India | ₹5.46 Cr | Satisfied | |
| 28 Jun 1995 | 90109295 | State Bank of India | ₹3.73 Cr | Satisfied |
To see the full charge records of Power Build Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Power Build Private Limited has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹20.93 Cr; the latest was in March 2019.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: Emtici Engineering Limited , K B Investments Private Limited, Akaaish Printing Press Private Limited |
| Jun 2012 | Funding round | ₹5.38 Cr | Investors: Akaaish Mechatronics Private Limited, K B Investments Private Limited, Akaaish Printing Press Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Seller: Akaaish Mechatronics Private Limited, K B Investments Private Limited, Akaaish Printing Press Private Limited |
| Nov 2010 | Funding round | ₹50 Lakh | Investors: Bipra Investments and Trusts Pvt Ltd , K B Investments Private Limited, Akaaish Printing Press Private Limited |
| Apr 2010 | Secondary share transfer | Undisclosed | Seller: Emtici Engineering Limited , Eimco Elecon (I) Limited, Prayas Engineering Limited , an individual |
To see the full deal history of Power Build 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
Power Build Private Limited has 84 court cases on record: 47 filed by Power Build, 37 filed against it. 5 cases are pending and 79 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 47 | 23 | 5 |
| High courts | 34 | 14 | 0 |
| NCLT | 2 | 0 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 84)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Anand, Gujarat | Criminal complaint | Filed by the company against Bipin Salunke Director of Ecoman Enviro Solutions Pvt.Ltd. and 1 other | Pending |
| District court, Anand, Gujarat | Court case (CR EN) | Filed by the company against Mitaso Comtel Ltd and 3 others | Disposed |
| District court, Anand, Gujarat | Criminal complaint | Filed by the company against Mitaso Comtel Ltd and 3 others | Disposed |
| District court, Dhanbad, Jharkhand | Execution petition | Filed against the company by M/S Projects and Development India Ltd | Disposed |
| District court, Anand, Gujarat | Criminal miscellaneous application | Filed by the company against Bipin Salunke Director of Ecoman Enviro Solutions Pvt.Ltd. and 2 others | Disposed |
To see the full case history of Power Build 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
Power Build Private Limited was last rated by Care on 30 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Jun 2022 |
To see the full credit ratings and regulatory alerts of Power Build Private Limited, buy the company report.
MSME payment delays
Power Build Private Limited has 2 MSME Form 1 returns on record between 2020 and 2023, listing 40 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Crane-Bel International Private Limited | |||
| Fine Cast (Guj) Private Limited | |||
| Apex Industries | |||
| Megha Engineering Works. | |||
| Tech Elecon Private Limited |
To see the full MSME payment records of Power Build Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Power Build has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCP2464K1ZD | Haryana | Active | 21 Dec 2021 |
| 24AABCP2464K1ZF | Gujarat | Active | 01 Jul 2017 |
| 27AABCP2464K1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 33AABCP2464K1ZG | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Power Build Private Limited, buy the company report.
Recent activity
Power Build Private Limited has 14 board changes on record since 1999: 5 appointments and 9 cessations. The latest: Aayush Alkesh Shah ceased to be CEO on 01 Apr 2025.
30 earlier events are in the company report.
Frequently asked questions
Power Build is an active private limited company based in Faridabad, Haryana, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 15 April 1972 (54+ years old) and is registered under CIN U32201HR1972PTC137702.
Power Build has 5 current directors:
- Akanksha Patel - Whole-Time Director
- Aayush Alkesh Shah - Whole-Time Director
- Pradip Manubhai Patel - Director
- Dineshbhai Manubhai Patel - Director
- Prayasvin Patel - Director
The latest financial statements of Power Build on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Power Build is 06AABCP2464K1ZD, registered in Haryana. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 24AABCP2464K1ZF (Gujarat), 27AABCP2464K1Z9 (Maharashtra), 33AABCP2464K1ZG (Tamil Nadu).
The CIN (Corporate Identification Number) of Power Build is U32201HR1972PTC137702. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Power Build has 84 court cases on record: 47 filed by the company and 37 filed against it. 5 are pending. Most are in the district courts.
Power Build was incorporated on 15 April 1972, making it 54+ years old. It is registered with the Registrar of Companies, Delhi.
Power Build has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹20.93 Cr; the latest was in March 2019.
The peers of Power Build by revenue are Roots Multi Clean Limited, S.V.S Refcomp Private Limited, Sunbeam Generators Private Limited, Flender Drive Systems Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Aayush Alkesh Shah ceased to be CEO on 01 Apr 2025. Sakthisivasubramaniam Balasubramaniam ceased to be Whole-Time Director on 12 Mar 2021. Aayush Alkesh Shah was appointed as Whole-Time Director on 22 Dec 2020. Power Build has 14 board changes on record in total.
Power Build has 2 MSME Form 1 returns on record between 2020 and 2023, listing 40 overdue payments to 5 micro and small suppliers. The latest return was filed on 21 Oct 2023.
Power Build can be reached through the website powerbuild.in. Its registered office is in Faridabad, Haryana, India.