Power Engineering (India) Private Limited

Power Engineering (India) Private Limited - energy and power in Pedne, Goa, India. FY 2026 financials & compliance.
CIN U31101GA1996PTC002221 Incorporated 06 November 1996 ROC Goa HQ Pedne, Goa, India
Active Private Limited Company energy and power MSME · Medium
Data last updated
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 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.

Company Details of Power Engineering (India) Private Limited
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

Recognitions & Rankings of Power Engineering (India)

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-GA-01-0003462
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    58/A Tuem Industrial Estate Tuem, Pedne, Goa, India – 403512
  • Industry
    Energy and Power, Power Equipment Manufacturers
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Financials, compliance, directors, charges, ownership and filings for Power Engineering (India) Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

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.

BrandDescriptionWebsite
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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
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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.

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) of Power Engineering (India) Private Limited

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 of Power Engineering (India) Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.7%••••••••••••••••
Net Profit Margin1.4%••••••••••••••••
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.

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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
NameDesignationAppointment DateTenureStatus
Sunil Manohar Pai KaneDirector07 Dec 20205 Years 10 MonthsCurrent
Pankaj PrasoonAdditional Director08 Jan 20251 Years 9 MonthsCurrent
Lalit Balmukund AgrawalAdditional Director08 Jan 20251 Years 9 MonthsCurrent
Jose Jeronimo FernandesDirector15 Dec 201213 Years 10 MonthsCurrent
Sunil KhannaDirector01 Apr 20251 Years 6 MonthsCurrent
Sachin MohanDirector16 Jul 201610 Years 3 MonthsCurrent
Showing 6 of 7 current directors. View all directors

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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.

NameStatusAppointment DateCessation Date
S.P. BHANDARE & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Power Engineering (India) Private Limited

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Charges & Borrowings of Power Engineering (India) Private Limited

Open charges
₹109.83 Cr
Satisfied charges
₹21.9 Cr
Breakdown by lending institutions
Canara Bank₹80.00 Cr
Hdfc Bank Limited₹20.53 Cr
Others₹9.08 Cr
Bank of India₹0.12 Cr
Srei Equipment Finance Private Limited₹0.10 Cr
Latest charge details
DateLenderAmountStatus
23 Sep 2025Hdfc Bank Limited₹20 CrOpen
22 Aug 2025Others₹9 CrOpen
18 Oct 2024Hdfc Bank Limited₹43.77 LakhOpen
02 May 2024Others₹8.37 LakhOpen
25 Feb 2022Canara Bank₹40 CrOpen

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.

Total deals
20
Secondary share transfers
11
Funding rounds
8
Rights issue
1
Disclosed funding
₹48.96 Cr

Deals on record (5 of 20)

WhenDealAmountParties
Jul 2024Funding round₹30 CrInvestors: Suresh Kumar Agarwal & Sarita Agarwal Partners Rba Finance And Investment Company, Suryatej Advisors LLP , 2 individuals
Mar 2024Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Creative Manufacturing Solutions (India) Private Limited
Mar 2020Secondary share transferUndisclosedBuyer: Creative Manufacturing Solutions (India) Private Limited
Seller: Acoustic Commercial Private Limited
Nov 2019Secondary share transferUndisclosedBuyer: an individual
Seller: Creative Manufacturing Solutions (India) Private Limited
Mar 2013Secondary share transferUndisclosedBuyer: Acoustic Commercial Private Limited, an individual
Seller: Creative Manufacturing Solutions (India) Private Limited
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Full deal history

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

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)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
Shri Padmavati Industries••••••••••••
Creative Manufacturing Solutions (India) Private Limited••••••••••••
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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 count
78
Active EPFO establishments
1
Employee growth
-11.36%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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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.

3
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Mahalasa Acoustic Private LimitedU28939GA2008PTC005914Locked
Man Rollo Power Generation India Private LimitedU51101GA2007PTC007033Locked
Power Engineering Spares And Services (India) Private LimitedU74900GA2007PTC005491Locked

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.

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 listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Power Engineering (India) Private Limited

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Subsidiaries & Group Companies of Power Engineering (India) Private Limited

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GST Compliance of Power Engineering (India) Private Limited

Power Engineering (India) has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
30AACCC2414P1ZYGoaActive01 Jul 2017
27AACCC2414P1ZLMaharashtraActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Power Engineering (India) Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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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:

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.

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