About Power IT Services Private Limited
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Power IT Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 03 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2012PTC087919. Its GSTIN is 33AAGCP8814J1Z7 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramesh Babu Pemmasani and Rathnamma Pemmasani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.82 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹1.18 Cr (net margin -64.9%) and EBITDA of -₹83.84 Lakh (EBITDA margin -46%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 21% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Power IT Services. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website poweritservices.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressG2 T L V Kamalam Flats, New No.95/4 – (Old No.40/4) Bazullah Road T Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryInformation Technology, Web Design & Maintenance Services
- 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
Business Activity of Power IT Services Private Limited
The main business activity of Power IT Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 IT Services Private Limited FY 2025 filings available
Power IT Services Private Limited reported revenue of ₹1.82 Cr (down 56% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Power IT Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 56% fall in the latest year. EBITDA fell 279% 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 IT Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹83.84 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.18 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 IT Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -46% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -64.9% | •••• | •••• | •••• | •••• |
| 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 IT Services 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.
Peer Comparison of Power IT Services Private Limited
Power IT Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iseenlab Technology Private Limited | ₹1.85 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Thergaon, Maharashtra, India |
| Collationhub Private Limited | ₹1.84 Cr (FY 2023) | •••• | •••• | •••• | Ludhiana, Punjab, India | |
| Uixflow Private Limited | ₹1.84 Cr (FY 2024) | •••• | •••• | 294.0% | •••• | Pollachi, Tamil Nadu, India |
| Bluebot Technologies Private Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Arp Softtech Private Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Gautam Buddha Nagar, Uttar Pradesh, India |
| Power IT Services Private Limited this company | ₹1.82 Cr (FY 2024) | •••• | •••• | -56.0% | •••• | Chennai, Tamil Nadu, India |
| E-Scedar India Private Limited | ₹1.82 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Pune, Maharashtra, India |
| Letspie Entertainment Private Limited | ₹1.82 Cr (FY 2020) | •••• | •••• | 77614.0% | •••• | Mumbai, Maharashtra, India |
| Avik Technologies Private Limited | ₹1.81 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Jaipur, Rajasthan, India |
| Candid Software Private Limited | ₹1.79 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Uttar Pradash, Uttar Pradesh, India |
| Xtreme Online Solutions Private Limited | ₹1.79 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Thiruvananthapuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Power IT Services by revenue in the Information Technology industry (Website Design and Maintenance), 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 IT Services Private Limited
Power IT Services Private Limited is audited by R KABRA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R KABRA & CO | 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.
Board of Directors of Power IT Services Private Limited
Power IT Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Babu Pemmasani Also directs: Py Stone Private Limited, Buy This and That Online Private Limited, South Indian Food Factory Private Limited and 5 more | Additional Director | 04 May 2022 | 4 Years 5 Months | Current |
| Rathnamma Pemmasani | Additional Director | 02 Feb 2013 | 13 Years 8 Months | Current |
Ownership and Shareholding of Power IT Services 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 IT Services Private Limited
Power IT Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Power IT Services Private Limited
Power IT Services Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
Full case history
All 1 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.
Associated Brands with Power IT Services Private Limited
Power IT Services operates one associated brand: Power IT Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT services, consulting, software development and global expertise. | poweritservices.com |
Employees and EPFO Compliance at Power IT Services Private Limited
Power IT Services Private Limited has a workforce of 25 employees as of Mar 22, 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.
Recent Activity on Power IT Services Private Limited
Power IT Services Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Ramesh Babu Pemmasani was appointed as Additional Director on 04 May 2022.
Credit Ratings, Litigation & Regulatory Alerts for Power IT Services 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.
MSME Payment Delays by Power IT Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Power IT Services 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 IT Services Private Limited
Power IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCP8814J1Z7 | Tamil Nadu | 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 IT Services 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.
Related news about Power IT Services Private Limited
Frequently Asked Questions about Power IT Services Private Limited
Power IT Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 03 October 2012 (14+ years old) and is registered under CIN U72900TN2012PTC087919.
Power IT Services reported revenue of ₹1.82 Cr for FY 2024 (down 56% YoY).
Power IT Services has 2 current directors:
- Ramesh Babu Pemmasani - Additional Director
- Rathnamma Pemmasani - Additional Director
Power IT Services reported a net loss of ₹1.18 Cr (net margin -64.9%) and EBITDA of -₹83.84 Lakh (EBITDA margin -46%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Power IT Services is -24% over three years and -21% over five years. In the latest year (FY 2024) revenue fell 56%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Power IT Services is 33AAGCP8814J1Z7, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Power IT Services is U72900TN2012PTC087919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Power IT Services has 1 court case on record: 1 filed against it. 1 is pending.
Power IT Services was incorporated on 03 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Power IT Services by revenue are Iseenlab Technology Private Limited, Collationhub Private Limited, Uixflow Private Limited, Bluebot Technologies Private Limited, Arp Softtech Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).
Ramesh Babu Pemmasani was appointed as Additional Director on 04 May 2022. Shashikala Vinjam ceased to be Additional Director on 04 May 2022. Kesavan Nirmala ceased to be Additional Director on 30 Sep 2021. Power IT Services has 7 board changes on record in total.