About Power Net Systems Private Limited
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Power Net Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the security and surveillance segment of the business services sector. It was incorporated on 31 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31101KA2014PTC073342. Its GSTIN is 29AAHCP5725B1ZG (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Channakshava Gowda Bannur Manjunath (Managing Director) and Makodu Ramegowda Arpitha.
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 No.855 J.P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.02 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹17.4 Lakh (net margin 3.5%) and EBITDA of ₹23.49 Lakh (EBITDA margin 4.7%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 2% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Power Net Systems. As per MCA filings, the company has open charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powernetsystem.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.855 J.P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078
- IndustryBusiness Services, Security & Surveillance
- 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 Net Systems Private Limited
The main business activity of Power Net Systems is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Net Systems Private Limited FY 2024 filings available
Power Net Systems Private Limited reported revenue of ₹5.02 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Power Net Systems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 7% fall in the latest year. EBITDA fell 25% 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 Net Systems 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 | ₹23.49 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.4 Lakh | •••• | •••• | •••• | •••• |
| 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 Net Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| 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 Net Systems 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 Net Systems Private Limited
Power Net Systems Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Security Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K2 Security Services Private Limited | •••• | •••• | •••• | •••• | 103 | Chennai, Tamil Nadu, India |
| Ts5 Secure Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Sanchi Management Services Private Limited | •••• | •••• | •••• | •••• | 142 | Chandigarh, India |
| Neo Gallant Security Service Private Limited | •••• | •••• | •••• | •••• | 456 | Kolkata, West Bengal, India |
| Raa Security Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Power Net Systems Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| KDS International Private Limited | •••• | •••• | •••• | •••• | 317 | Muzaffarnagar, Uttar Pradesh, India |
| BPS Secure Solutions Private Limited | •••• | •••• | •••• | •••• | 200 | Jaipur, Rajasthan, India |
| Ensure Secure Services Private Limited | •••• | •••• | •••• | •••• | 314 | Bhubaneswar, Orissa, India |
| Chennai Citizen Security Services Private Limited | •••• | •••• | •••• | •••• | 287 | Chennai, Tamil Nadu, India |
| Authentic Human Jobs Solution Private Limited | •••• | •••• | •••• | •••• | - | Kasia, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Power Net Systems by revenue in the Business Services industry (Security Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Power Net Systems Private Limited
Power Net Systems Private Limited is audited by R A K C H A M P S & CO LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R A K C H A M P S & CO LLP | 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 Net Systems Private Limited
Power Net Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Channakshava Gowda Bannur Manjunath | Managing Director | 31 Jan 2014 | 12 Years 8 Months | Current |
| Makodu Ramegowda Arpitha | Director | 31 Jan 2014 | 12 Years 8 Months | Current |
Ownership and Shareholding of Power Net Systems 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 Net Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2024 | Axis Bank Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Power Net Systems Private Limited
Power Net Systems operates one associated brand: Power Net Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of fire and security systems, HVAC solutions, and networking services in the technology sector. | powernetsystem.com |
Employees and EPFO Compliance at Power Net Systems Private Limited
Power Net Systems Private Limited has a workforce of 6 employees as of Apr 05, 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 Net Systems Private Limited
Power Net Systems Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Channakshava Gowda Bannur Manjunath was appointed as Managing Director on 31 Jan 2014.
Credit Ratings, Litigation & Regulatory Alerts for Power Net Systems 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 Net Systems 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 Net Systems 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 Net Systems Private Limited
Power Net Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCP5725B1ZG | Karnataka | 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 Net Systems 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 Net Systems Private Limited
Power Net Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in security and surveillance, within the business services industry. It was incorporated on 31 January 2014 (12+ years old) and is registered under CIN U31101KA2014PTC073342.
Power Net Systems reported revenue of ₹5.02 Cr for FY 2024 (down 7% YoY).
Power Net Systems has 2 current directors:
- Channakshava Gowda Bannur Manjunath - Managing Director
- Makodu Ramegowda Arpitha - Director
Power Net Systems reported a net profit of ₹17.4 Lakh (net margin 3.5%) and EBITDA of ₹23.49 Lakh (EBITDA margin 4.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Power Net Systems is 40% over three years and -2% over five years. In the latest year (FY 2024) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Power Net Systems is 29AAHCP5725B1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Power Net Systems is U31101KA2014PTC073342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Power Net Systems was incorporated on 31 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Power Net Systems by revenue are K2 Security Services Private Limited, Ts5 Secure Private Limited, Sanchi Management Services Private Limited, Neo Gallant Security Service Private Limited, Raa Security Private Limited and 5 more, all in the Business Services industry (Security Services).
Channakshava Gowda Bannur Manjunath was appointed as Managing Director on 31 Jan 2014. Makodu Ramegowda Arpitha was appointed as Director on 31 Jan 2014.
Power Net Systems can be reached through the website powernetsystem.com. Its registered office is in Bangalore, Karnataka, India.