- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GA-01-0003462

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 27 filed by the company and 9 filed against it; 1 case is 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 10 peer companies in the Power industry (Power Equipment Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Orbit Electro Equipments Private Limited with revenue of ₹175.98 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.
Recognitions & Rankings of Power Engineering (India)
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address58/A Tuem Industrial Estate Tuem, Pedne, Goa, India – 403512
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
Associated Brands with Power Engineering (India) Private Limited
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 of Power Engineering (India) Private Limited
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 | 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 Power Engineering (India) Private Limited FY 2024 filings available
Power Engineering (India) Private Limited reported revenue of ₹171.74 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Power Engineering (India) Private Limited
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 of Power Engineering (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹6.41 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.41 Cr | •••• | •••• | •••• | •••• |
| 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 Power Engineering (India) Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 Power Engineering (India) are in the company report.
Financial statements from 2015
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.
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.
| 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 |
Peer Comparison of Power Engineering (India) Private Limited
Power Engineering (India) Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Orbit Electro Equipments Private Limited | ₹175.98 Cr (FY 2019) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Umang Boards Limited | ₹174.74 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Jaipur, Rajasthan, India |
| 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 Listed | ₹171.77 Cr (FY 2025) | •••• | •••• | 2494.0% | •••• | Kolkata, West Bengal, India |
| Power Engineering (India) Private Limited this company | ₹171.74 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | 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 |
| RBP Energy (India) Private Limited | ₹168.36 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Raipur, Chhattisgarh, India |
| Yasin Impex India Private Limited | ₹167.87 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Chennai, Tamil Nadu, India |
| Vishvas Power Engineering Services Private Limited | ₹167.37 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Power Engineering (India) by revenue in the Power industry (Power Equipment Manufacturers), 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 Power Engineering (India) Private Limited
Power Engineering (India) Private Limited is audited by S.P. BHANDARE & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.P. BHANDARE & 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.
Ownership and Shareholding of Power Engineering (India) 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 Power Engineering (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Sep 2025 | Hdfc Bank Limited | ₹20 Cr | Open |
| 22 Aug 2025 | Others | ₹9 Cr | Open |
| 18 Oct 2024 | Hdfc Bank Limited | ₹43.77 Lakh | Open |
| 02 May 2024 | Others | ₹8.37 Lakh | Open |
| 25 Feb 2022 | Canara Bank | ₹40 Cr | Open |
Total charge records: 33 View all charges
Deals & Funding of Power Engineering (India) Private Limited
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.
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 |
Full deal history
All 20 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Power Engineering (India) Private Limited
Power Engineering (India) Private Limited has 36 court cases on record: 27 filed by Power Engineering (India), 9 filed against it. 1 case is pending and 35 are disposed. Status as checked between 29 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 7 | 1 |
| High courts | 12 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (T) (COMM.)) | Filed against the company by Telecommunications Consultants India Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Telecommunications Consultants India Limited | Disposed |
| District court, South East, Delhi | Court case (OMP (COMM.)) | Filed by the company against Telecommunications Consultants India Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against Telecommunications Consultants India Limited | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Spanco Limited | Disposed |
Full case history
All 36 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Power Engineering (India) Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Power Engineering (India) Private Limited
Power Engineering (India) Private Limited has a workforce of 78 employees as of Apr 06, 2024.
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.
Group Structure of Power Engineering (India) Private Limited
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.
| Company Name | CIN | Shares Held |
|---|---|---|
| Mahalasa Acoustic Private Limited | U28939GA2008PTC005914 | Locked |
| Man Rollo Power Generation India Private Limited | U51101GA2007PTC007033 | Locked |
| Power Engineering Spares And Services (India) Private Limited | U74900GA2007PTC005491 | Locked |
Showing major subsidiaries. Total: 3.
Recent Activity on Power Engineering (India) Private Limited
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.
74 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Power Engineering (India) 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.
Subsidiaries & Group Companies of Power Engineering (India) 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 Power Engineering (India) Private Limited
Power Engineering (India) has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AACCC2414P1ZY | Goa | Active | 01 Jul 2017 |
| 27AACCC2414P1ZL | Maharashtra | 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 Power Engineering (India) 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 Power Engineering (India) Private Limited
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) reported revenue of ₹171.74 Cr for FY 2025 (down 3% YoY).
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
Power Engineering (India) reported a net profit of ₹2.41 Cr (net margin 1.4%) and EBITDA of ₹6.41 Cr (EBITDA margin 3.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Power Engineering (India) is 13% over three years and 10% over five years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
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: 27 filed by the company and 9 filed against it. 1 is 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 Orbit Electro Equipments Private Limited, Umang Boards Limited, Elins Switch Boards Private Limited, Arrow Electricals India Limited, Marsons Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
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.