MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GA-01-0003462
Power Engineering (India) Private Limited - energy and power in Pedne, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹171.74 Cr
▼ 3% YoY
Net profit · FY 2025
₹2.41 Cr
Net margin 1.4%
EBITDA · FY 2025
₹6.41 Cr
EBITDA margin 3.7%
Authorised capital
₹11.22 Cr
Registered with MCA
Paid-up capital
₹9.13 Cr
Issued & subscribed
Open charges
₹109.83 Cr
Satisfied ₹21.9 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
78
Provident fund records
About Power Engineering (India) Private Limited
Data last updated:
Power Engineering (India) Private Limited is a private limited company based in Pedne, Goa, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 06 November 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U31101GA1996PTC002221. Its GSTIN is 30AACCC2414P1ZY (Goa). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹11.22 Cr and a paid-up capital of ₹9.13 Cr. It was formerly known as Consolidated Power Techniques Private Limited. It is led by directors including Atul Devidas Pai Kane (Managing Director) and Sunil Manohar Pai Kane.
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 58/A Tuem Industrial Estate Tuem, Pedne, Goa, India – 403512.
As per the financials filed for FY 2025, the company reported a revenue of ₹171.74 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.41 Cr (net margin 1.4%) and EBITDA of ₹6.41 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 10% over five years.
The company has about 78 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Pai Kane group. As per MCA filings, the company has open charges of ₹109.83 Cr and satisfied charges of ₹21.9 Cr on record. Court records list 36 cases involving the company, including 26 filed by the company and 10 filed against it; 2 cases are pending. The company has 20 deals on record (11 secondary share transfers, 8 funding rounds, 1 rights issue), with disclosed funding of ₹48.96 Cr; the latest was in July 2024. Its 6 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, 3 larger and 3 smaller; the largest is Elins Switch Boards Private Limited with revenue of ₹173.47 Cr. The company has 2 MSME Form 1 returns on record between 2022 and 2024, listing 3 overdue payments to 3 micro and small suppliers.
Power Engineering (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-01-0003462). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paikane.com.
Company details
CIN U31101GA1996PTC002221
Registration Number 002221
Incorporation Date 06 November 1996
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GA-01-0003462
Key People
Atul Devidas Pai Kane Managing Director Sunil Manohar Pai Kane Director Pankaj Prasoon Additional Director Recognitions & Rankings of Power Engineering (India)
Contact details
Power Engineering (India) Private Limited's registered office is in Pedne, Goa. Its website is paikane.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address58/A Tuem Industrial Estate Tuem, Pedne, Goa, India – 403512
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Power Engineering (India) Private Limited, buy the company report.
Comprehensive company report
Power Engineering (India) 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
Power Engineering (India) operates one associated brand: Pai Kane group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diesel and gas generators, switchboards, and solar solutions are manufactured. | paikane.com |
Business activity
The main business activity of Power Engineering (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 Power Engineering (India) Private Limited, buy the company report.
Financials of Power Engineering (India) Private Limited
FY 2024 filings availablePower Engineering (India) Private Limited reported revenue of ₹171.74 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹171.74 Cr ▼ 3%
Net profit · FY 2025
₹2.41 Cr margin 1.4%
EBITDA · FY 2025
₹6.41 Cr margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 13%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 3%
5 years · compounded
▲ 25%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 29% 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 |
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| EBITDA | ₹6.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.41 Cr | ||||
| Balance Sheet | |||||
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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 | 3.7% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Power Engineering (India) Private Limited, buy the company report.
Board of directors of Power Engineering (India) Private Limited
Power Engineering (India) has 7 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Manohar Pai Kane Also directs: Creative Manufacturing Solutions (India) Private Limited | Director | 07 Dec 2020 | 5 Years 10 Months | Current |
| Pankaj Prasoon Also directs: Daulat Advisory Services LLP, Livprint Labs LLP, Gajanana Assets and Projects SPV LLP and 5 more | Additional Director | 08 Jan 2025 | 1 Years 9 Months | Current |
| Lalit Balmukund Agrawal Also directs: Ninad Fiscal Services LLP, Dixita Fiscal Services LLP, Daulat Advisory Services LLP and 5 more | Additional Director | 08 Jan 2025 | 1 Years 9 Months | Current |
| Jose Jeronimo Fernandes | Director | 15 Dec 2012 | 13 Years 10 Months | Current |
| Sunil Khanna | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Sachin Mohan | Director | 16 Jul 2016 | 10 Years 3 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Power Engineering (India) Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Elins Switch Boards Private Limited | ₹173.47 Cr (FY 2025) | -26.0% | Bangalore, Karnataka, India | |||
| Arrow Electricals India Limited | ₹173.45 Cr (FY 2025) | 19.0% | Palghar, Maharashtra, India | |||
| Marsons Limited | ₹171.77 Cr (FY 2025) | 2494.0% | Kolkata, West Bengal, India | |||
| Power Engineering (India) Private Limitedthis company | ₹171.74 Cr (FY 2025) | ₹2.41 Cr | 1.4% | -3.0% | 78 | Pedne, Goa, India |
| Asbesco (India) Pvt Ltd | ₹171.29 Cr (FY 2025) | 47.0% | Kolkata, West Bengal, India | |||
| Nexgenix Solar Manufacturing Private Limited | ₹169.47 Cr (FY 2024) | 795848.0% | Rajkot, Gujarat, India | |||
| Vishvas Power Engineering Services Private Limited | ₹167.37 Cr (FY 2025) | 4.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Power Engineering (India) Private Limited, buy the company report.
Auditor
Power Engineering (India) Private Limited is audited by S.P. BHANDARE & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.P. BHANDARE & ASSOCIATES | FY 2022 | 101157W |
Shareholding
The shareholding of Power Engineering (India) 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 Power Engineering (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹109.83 Cr
Satisfied charges
₹21.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2025 | 101163486 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 22 Aug 2025 | 101154848 | Others | ₹9 Cr | Open | |
| 18 Oct 2024 | 100995660 | Hdfc Bank Limited | ₹43.77 Lakh | Open | |
| 02 May 2024 | 100926380 | Others | ₹8.37 Lakh | Open | |
| 25 Feb 2022 | 100541154 | Canara Bank | ₹40 Cr | Open |
To see the full charge records of Power Engineering (India) Private Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Power Engineering (India) Private Limited has 20 deals on record (11 secondary share transfers, 8 funding rounds, 1 rights issue), with disclosed funding of ₹48.96 Cr; the latest was in July 2024.
Total deals
20
Secondary share transfers
11
Funding rounds
8
Rights issue
1
Disclosed funding
₹48.96 Cr
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Funding round | ₹30 Cr | Investors: Suresh Kumar Agarwal & Sarita Agarwal Partners Rba Finance And Investment Company, Suryatej Advisors LLP , 2 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Creative Manufacturing Solutions (India) Private Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Creative Manufacturing Solutions (India) Private Limited Seller: Acoustic Commercial Private Limited |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Creative Manufacturing Solutions (India) Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Acoustic Commercial Private Limited, an individual Seller: Creative Manufacturing Solutions (India) Private Limited |
To see the full deal history of Power Engineering (India) 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 Engineering (India) Private Limited has 36 court cases on record: 26 filed by Power Engineering (India), 10 filed against it. 2 cases are pending and 34 are disposed.
Total cases
36
Filed by the company
26
Filed against the company
10
Pending
2
Disposed
34
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 7 | 1 |
| High courts | 11 | 2 | 0 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by M/S Varalakshmi Starch Industries (P) Ltd. Rep. by Managing Director V. Anbalagan Varalakshmi Tower, 2Nd Floor, 127/1, Gandhi Road, Hasthampatty ,Salem , Tamil Nadu | Pending |
| High Court of Delhi | Court case (O.M.P. (T) (COMM.)) | Filed against the company by M/S Telecommunications Consultants India Ltd. | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by M/S. Telecommunications Consultants India Ltd | Disposed |
| District court, South East, Delhi | Court case (OMP (COMM.)) | Filed by the company against M/S Telecommunications Consultants India Ltd | Disposed |
| Supreme Court | Court case (1802-Ordinary Civil Matters : T.P. Under Section 25 of the C.P.C.) | Filed by the company against M/S Varalakshmi Starch Industries (P) Ltd Through Its Managing Director V.Anbalagan Through Its Managing Director V.Anbalagan Varalakshmi Tower, 2Nd Floor, 127/1, Gandhi Road, Hasthampatty, Salem ,Salem , Tamil Nadu and 1 other | Disposed |
To see the full case history of Power Engineering (India) 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 Engineering (India) Private Limited was last rated by Brickwork on 03 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 03 Dec 2021 |
To see the full credit ratings and regulatory alerts of Power Engineering (India) Private Limited, buy the company report.
MSME payment delays
Power Engineering (India) Private Limited has 2 MSME Form 1 returns on record between 2022 and 2024, listing 3 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shri Padmavati Industries | |||
| Creative Manufacturing Solutions (India) Private Limited |
To see the full MSME payment records of Power Engineering (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Power Engineering (India) has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Mahalasa Acoustic Private Limited | U28939GA2008PTC005914 | |
| Man Rollo Power Generation India Private Limited | U51101GA2007PTC007033 | |
| Power Engineering Spares and Services (India) Private Limited | U74900GA2007PTC005491 |
To see the full group structure of Power Engineering (India) Private Limited, buy the company report.
Employees & EPFO
Power Engineering (India) Private Limited has a workforce of 78 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
78
Active EPFO establishments
1
Employee growth
-11.36%
GST
Power Engineering (India) has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AACCC2414P1ZY | Goa | Active | 01 Jul 2017 |
| 27AACCC2414P1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Power Engineering (India) Private Limited, buy the company report.
Recent activity
Power Engineering (India) Private Limited has 24 board changes on record since 1996: 7 appointments and 17 cessations. The latest: Sunil Khanna was appointed as Director on 01 Apr 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 101163486 was registered on 23 Sep 2025.
Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 101154848 was registered on 22 Aug 2025.
Charges
A charge with Canara Bank of Rs. 40.00 Cr registered on 17 Jul 2009 with Charge ID 10169907 was modified on 23 Jul 2025.
Appointed
Sunil Khanna was appointed as Director.
Charges
A charge registered on 11 May 2021 via Charge ID 100445632 with Others was fully satisfied on 10 Jan 2025.
Appointed
Lalit Balmukund Agrawal was appointed as Additional Director.
Appointed
Pankaj Prasoon was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.44 Cr with Charge ID 100995660 was registered on 18 Oct 2024.
AGM
Power Engineering (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.08 Cr with Charge ID 100926380 was registered on 02 May 2024.
Filing
Power Engineering (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
Charges
A charge with Canara Bank amounted to Rs. 40.00 Cr with Charge ID 100541154 was registered on 25 Feb 2022.
74 earlier events are in the company report.
Frequently asked questions
Power Engineering (India) is an active private limited company based in Pedne, Goa, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 06 November 1996 (30+ years old) and is registered under CIN U31101GA1996PTC002221.
Power Engineering (India) has 7 current directors:
- Atul Devidas Pai Kane - Managing Director
- Sunil Manohar Pai Kane - Director
- Pankaj Prasoon - Additional Director
- Lalit Balmukund Agrawal - Additional Director
- Jose Jeronimo Fernandes - Director
- Sunil Khanna - Director
- Sachin Mohan - Director
The latest financial statements of Power Engineering (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 Power Engineering (India) is 30AACCC2414P1ZY, registered in Goa. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCC2414P1ZL (Maharashtra).
The CIN (Corporate Identification Number) of Power Engineering (India) is U31101GA1996PTC002221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Power Engineering (India) has 36 court cases on record: 26 filed by the company and 10 filed against it. 2 are pending. Most are in the district courts.
Power Engineering (India) was incorporated on 06 November 1996, making it 30+ years old. It is registered with the Registrar of Companies, Goa.
Power Engineering (India) has 20 deals on record (11 secondary share transfers, 8 funding rounds, 1 rights issue), with disclosed funding of ₹48.96 Cr; the latest was in July 2024.
The peers of Power Engineering (India) by revenue are Elins Switch Boards Private Limited, Arrow Electricals India Limited, Marsons Limited, Asbesco (India) Pvt Ltd, Nexgenix Solar Manufacturing Private Limited and 1 more, 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).
Sunil Khanna was appointed as Director on 01 Apr 2025. Lalit Balmukund Agrawal was appointed as Additional Director on 08 Jan 2025. Pankaj Prasoon was appointed as Additional Director on 08 Jan 2025. Power Engineering (India) has 24 board changes on record in total.
Yes, Power Engineering (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-GA-01-0003462).
Power Engineering (India) has 2 MSME Form 1 returns on record between 2022 and 2024, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Apr 2024.