About Power Exchange India Limited
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Power Exchange India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the power trading and energy markets segment of the energy and power sector. It was incorporated on 20 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2008PLC179152. Its GSTIN is 27AAECP6452C1ZJ (Maharashtra). The company holds 25 GST registrations, of which 23 are active.
The company has an authorised share capital of ₹120 Cr and a paid-up capital of ₹58.47 Cr. It is led by directors including Satyajit Ganguly (Managing Director) and Avinash Mohan.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹100.45 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹37.05 Cr (net margin 36.9%) and EBITDA of ₹53.68 Cr (EBITDA margin 53.4%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Power Exchange India and PXIL. Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending. The company has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹58.42 Cr; the latest was in March 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powerexindia.in.
Company details
Contact details
Power Exchange India Limited's registered office is in Mumbai, Maharashtra. Its website is powerexindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No 901 9th Floor Sumer Plaza Marol Maroshi Road Andheri (East) Mumba, I 400059, Mumbai, Maharashtra, India – 400059
- IndustryEnergy and Power, Power Trading & Energy Markets
To see the full contact details of Power Exchange India Limited, buy the company report.
- 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
Brands
Power Exchange India operates two associated brands: Power Exchange India and PXIL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of electricity transmission based utility projects | powerexindia.in | |
| Energy trading and exchange services in India. | powerexindia.com |
Business activity
The main business activity of Power Exchange India is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Power Exchange India Limited, buy the company report.
Financials of Power Exchange India Limited
FY 2025 filings availablePower Exchange India Limited reported revenue of ₹100.45 Cr (up 8% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over three years, including 8% growth in the latest year. EBITDA rose 8% 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 | ₹53.68 Cr | ||||
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| Net Profit (PAT) | ₹37.05 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | 53.4% | ||||
| Net Profit Margin | 36.9% | ||||
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To see the full financial statements and ratios of Power Exchange India Limited, buy the company report.
Board of directors and KMP of Power Exchange India Limited
Power Exchange India Limited currently reports 11 directors and 1 key managerial person. 43 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Mohan Also directs: Quadra Hospitality LLP | Director | 08 Aug 2023 | 3 Years 2 Months | Current |
| Deepak Jinvardas Lad | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Alok Kumar Also directs: Lantau (India) Private Limited | Director | 15 Apr 2025 | 1 Years 6 Months | Current |
| Harish Ahuja | Director | 18 May 2023 | 3 Years 5 Months | Current |
| Rajiv Mishra Ranjan Also directs: Alluvium Consulting India Private Limited | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Atul Roongta | Director | 01 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Power Exchange India Limited is audited by K.S.AIYAR & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.S.AIYAR & Co. | FY 2023 | 100186W |
Shareholding
The shareholding of Power Exchange India 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 Exchange India Limited, buy the company report.
Deals & funding
Power Exchange India Limited has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹58.42 Cr; the latest was in March 2025.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: National Stock Exchange of India Ltd. , Triumph Properties Pte Limited, an individual Seller: Ntpc Vidhyut Vyapar Nigam Limited, BanyanTree Finance |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Others - Power Exchange India Limited, National Stock Exchange of India Ltd. Seller: NSE Investments Limited |
| Jun 2024 | Secondary share transfer | Undisclosed | Buyer: Others - Power Exchange India Limited, 2 individuals Seller: National Commodity and Derivatives Exchange Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: BanyanTree Finance Seller: National Commodity and Derivatives Exchange Limited |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Ntpc Vidhyut Vyapar Nigam Limited Seller: NSE Investments Limited |
To see the full deal history of Power Exchange India 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 Exchange India Limited has 3 court cases on record: 3 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 2 | 2 | 2 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by JSW Energy Limited | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by Indian Captive Power Producers Association Through Its Authorized Representative 309, Mansarovar Building,90, Nehru Place,New Delhi ,New Delhi , Delhi | Pending |
| Supreme Court | Court case (1815-Ordinary Civil Matters : Matters relating to Electricity Dispute(connection/disconnection etc)) | Filed against the company by Captive Power Producers Association THR Its President Secretariat Office, Technocrat Industries (India) Ltd., Opus Centre, Midc Marol ,Andheri (East) , District: Mumbai ,Mumbai , Maharashtra | Pending |
To see the full case history of Power Exchange India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Power Exchange India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Power Exchange India Limited has a workforce of 59 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Power Exchange India has 25 GST registrations: 23 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP6452C1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 27AAECP6452C1CU | Maharashtra | Active | 24 Oct 2018 |
| 27AAECP6452C2ZI | Maharashtra | Active | 17 Mar 2025 |
| 24AAECP6452C1C0 | Gujarat | Active | 07 Dec 2018 |
To see the full GST registrations and return filing status of Power Exchange India Limited, buy the company report.
Recent activity
Power Exchange India Limited has 53 board changes on record since 2008: 12 appointments and 41 cessations. The latest: Vivek Singla was appointed as CEO on 10 Nov 2025.
44 earlier events are in the company report.
News
Frequently asked questions
Power Exchange India is an active public limited company based in Mumbai, Maharashtra, India. The company works in power trading and energy markets, within the energy and power industry. It was incorporated on 20 February 2008 (18+ years old) and is registered under CIN U74900MH2008PLC179152.
Power Exchange India has 12 current directors and KMP:
- Satyajit Ganguly - Managing Director
- Avinash Mohan - Director
- Deepak Jinvardas Lad - Director
- Alok Kumar - Director
- Harish Ahuja - Director
- Rajiv Mishra Ranjan - Director
- Atul Roongta - Director
- Ian Gerard Desouza - Director
- Pramod Kumar Vaishya - Director
- Arvind Gaurishankar Singh - Director
- Ashok Sethi - Director
- Vivek Singla - Ceo
The latest financial statements of Power Exchange India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Power Exchange India is 27AAECP6452C1ZJ, registered in Maharashtra. The company has 25 GST registrations in all, of which 23 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAECP6452C1CU (Maharashtra), 27AAECP6452C2ZI (Maharashtra), 24AAECP6452C1C0 (Gujarat).
The CIN (Corporate Identification Number) of Power Exchange India is U74900MH2008PLC179152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Power Exchange India has 3 court cases on record: 3 filed against it. 3 are pending. Most are in the supreme court.
Power Exchange India was incorporated on 20 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Power Exchange India has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹58.42 Cr; the latest was in March 2025.
Vivek Singla was appointed as CEO on 10 Nov 2025. Vivek Singla ceased to be Additional Director on 10 Nov 2025. Alok Kumar ceased to be Additional Director on 18 Sep 2025. Power Exchange India has 53 board changes on record in total.
Power Exchange India can be reached through the website powerexindia.in. Its registered office is in Mumbai, Maharashtra, India.