
About Poweraxion Private Limited
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Poweraxion Private Limited is a private limited company based in Medical College, Kerala, India, recognised as a startup by DPIIT. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 16 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2017PTC049471. Its GSTIN is 32AAJCP2519F1ZP (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chinnu Lal Ashokan and Chinnulal Shyni Aishwarya.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 14/1940 Kvra 168 Kavuvila Lane Kannamoola, Medical College, Kerala, India – 695011.
As per the financials filed for FY 2023, the company reported a revenue of ₹2 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹2.01 Lakh (net margin 1%) and EBITDA of ₹5.35 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
Poweraxion Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-12-0018954). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website poweraxion.com.
Company details
Recognitions & Rankings of Poweraxion
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KL-12-0018954
Contact details
Poweraxion Private Limited's registered office is in Medical College, Kerala. Its website is poweraxion.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address14/1940 Kvra 168 Kavuvila Lane Kannamoola, Medical College, Kerala, India – 695011
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Poweraxion Private 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
Business activity
The main business activity of Poweraxion is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Poweraxion Private Limited, buy the company report.
Financials of Poweraxion Private Limited
FY 2023 filings availablePoweraxion Private Limited reported revenue of ₹2 Cr (down 49% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 49% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA rose 7% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹5.35 Lakh | ||||
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| Net Profit (PAT) | ₹2.01 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Poweraxion Private Limited, buy the company report.
Board of directors of Poweraxion Private Limited
Poweraxion has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinnulal Shyni Aishwarya | Additional Director | 17 Feb 2022 | 4 Years 8 Months | Current |
| Chinnu Lal Ashokan | Director | 16 Jun 2017 | 9 Years 4 Months | Current |
Auditor
Poweraxion Private Limited is audited by N S SARMA ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S SARMA ASSOCIATES | FY 2022 | 008018S |
Shareholding
The shareholding of Poweraxion Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Poweraxion Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Poweraxion Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Poweraxion Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Poweraxion Private Limited has 1 active EPFO establishment as of Mar 20, 2024.
GST
Poweraxion has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAJCP2519F1ZP | Kerala | Active | 01 Sep 2018 |
| 29AAJCP2519F1ZC | Karnataka | Active | 16 Dec 2022 |
To see the full GST registrations and return filing status of Poweraxion Private Limited, buy the company report.
Recent activity
Poweraxion Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Chinnulal Shyni Aishwarya was appointed as Additional Director on 17 Feb 2022.
Frequently asked questions
Poweraxion is an active private limited company based in Medical College, Kerala, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 16 June 2017 (9+ years old) and is registered under CIN U74999KL2017PTC049471.
Poweraxion has 2 current directors:
- Chinnulal Shyni Aishwarya - Additional Director
- Chinnu Lal Ashokan - Director
The latest financial statements of Poweraxion on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Poweraxion is 32AAJCP2519F1ZP, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAJCP2519F1ZC (Karnataka).
The CIN (Corporate Identification Number) of Poweraxion is U74999KL2017PTC049471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Poweraxion was incorporated on 16 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
Chinnulal Shyni Aishwarya was appointed as Additional Director on 17 Feb 2022. Rema Sadanandan Devi ceased to be Director on 17 Feb 2022. Chinnu Lal Ashokan was appointed as Director on 16 Jun 2017.
Yes, Poweraxion is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Poweraxion is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-12-0018954).
Poweraxion can be reached through the website poweraxion.com. Its registered office is in Medical College, Kerala, India.