About Powerful Technologies Limited
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Powerful Technologies Limited is a public limited company based in Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 26 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L26900DL2015PLC277265. Its GSTIN is 07AAICP0349J1ZA (Delhi). The company holds 2 GST registrations, all of them active. It is recorded as listed by MCA, but its shares were delisted from NSE on 22 Mar 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹10.2 Cr and a paid-up capital of ₹10.02 Cr. It was formerly known as Powerful Technologies Private Limited. It is led by directors including Aditya Gupta (Managing Director) and Nitin Chhabra.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at G1 Prakash Chamber Ground Floor 6 Netaji Subash Marg Darya Ganj New Delhi 110002, Delhi, India – 110002.
As per the financials filed for FY 2019, the company reported a revenue of ₹58.49 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹98.49 Lakh (net margin 1.7%) and EBITDA of ₹2.74 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Powerful Technologies. As per MCA filings, the company has open charges of ₹27.54 Cr and satisfied charges of ₹5.01 Cr on record. Court records list 18 cases involving the company, including 18 filed against it; 6 cases are pending. The company has 9 deals on record (8 market trades, 1 ipo); the latest was in April 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powerfultech.in.
Company details
CIN history
Powerful Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L26900DL2015PLC277265, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L26900DL2015PLC277265 | Current |
| U26900DL2015PTC277265 | Previous |
| U26900DL2015PLC277265 | Previous |
Contact details
Powerful Technologies Limited's registered office is in Delhi, Delhi. Its website is powerfultech.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressG1 Prakash Chamber Ground Floor 6 Netaji Subash Marg Darya Ganj New Delhi 110002, Delhi, India – 110002
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Powerful Technologies 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
Powerful Technologies operates one associated brand: Powerful Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offline retail chain of electronic products | powerfultech.in |
Financials of Powerful Technologies Limited
FY 2019 filings availablePowerful Technologies Limited reported revenue of ₹58.49 Cr (down 7% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 33%. EBITDA fell 61% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹58.49 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹98.49 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Powerful Technologies Limited, buy the company report.
Board of directors of Powerful Technologies Limited
Powerful Technologies has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Chhabra Also directs: Pioneer Computronix Private Limited | Director | 07 Feb 2018 | 8 Years 9 Months | Current |
| Aditya Gupta | Managing Director | 26 Feb 2015 | 11 Years 8 Months | Current |
| Rajesh Kumar | Director | 27 Sep 2019 | 7 Years 1 Months | Current |
Auditor
Powerful Technologies Limited is audited by R P M D & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R P M D & ASSOCIATES | FY 2019 | 005961C |
Shareholding
The shareholding of Powerful Technologies Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Powerful Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2019 | 100244776 | Others | ₹5 Cr | Open | |
| 22 May 2017 | 100107945 | Dena Bank | ₹14.79 Cr | Open | |
| 22 Mar 2017 | 100097939 | Dena Bank | ₹7.75 Cr | Open | |
| 13 Jan 2016 | 10620765 | Dena Bank | ₹42.5 Lakh | Satisfied | |
| 17 Sep 2015 | 10596224 | Dena Bank | ₹4.59 Cr | Satisfied |
To see the full charge records of Powerful Technologies Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Powerful Technologies Limited has 9 deals on record (8 market trades, 1 ipo); the latest was in April 2020.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2020 | Market trade | ₹17.5 Lakh | Buyer: an individual Seller: Northern ARC Investments |
| Mar 2020 | Market trade | ₹3.7 Lakh | Seller: an individual |
| Mar 2020 | Market trade | ₹6.7 Lakh | Buyer: an individual Seller: 2 individuals |
| Feb 2020 | Market trade | ₹3.8 Lakh | Buyer: an individual Seller: Mittal Portfolios Private Limited |
| Jan 2019 | Market trade | ₹12.3 Lakh | Buyer: an individual Seller: an individual |
To see the full deal history of Powerful Technologies 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
Powerful Technologies Limited has 18 court cases on record: 18 filed against it. 6 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 6 |
| High courts | 2 | 2 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (PC) | Filed against the company by Northern Arc Capital Limited Rep by Its Associate Vice President and Authorised Signatory Mr. Kamal | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Dhani Loans and Services Ltd | Pending |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by Northern Arc Capital Limited Rep by C. Kalyanasundaram | Pending |
| District court, East, Delhi | Criminal case | Filed against the company by Super Plastronics Pvt. Ltd. | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Northern Arc Capital Limited Rep by Its Associate Vice President and Authorised Signatory Mr. Kamal | Disposed |
To see the full case history of Powerful Technologies 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 Powerful Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Powerful Technologies Limited has a workforce of 12 employees on its EPFO records as of Apr 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 12 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Powerful Technologies Limited, buy the company report.
GST
Powerful Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAICP0349J1ZA | Delhi | Active | 01 Jul 2017 |
| 09AAICP0349J1Z6 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Powerful Technologies Limited, buy the company report.
Recent activity
Powerful Technologies Limited has 12 board changes on record since 2015: 7 appointments and 5 cessations. The latest: Rajesh Kumar ceased to be Director on 23 Jan 2020.
11 earlier events are in the company report.
Frequently asked questions
Powerful Technologies is an active public limited company based in Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 26 February 2015 (11+ years old) and is registered under CIN L26900DL2015PLC277265.
Powerful Technologies has 3 current directors:
- Aditya Gupta - Managing Director
- Nitin Chhabra - Director
- Rajesh Kumar - Director
The latest financial statements of Powerful Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Powerful Technologies is 07AAICP0349J1ZA, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAICP0349J1Z6 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Powerful Technologies is L26900DL2015PLC277265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powerful Technologies is recorded as a listed company by MCA, but its shares were delisted from NSE on 22 Mar 2023 · compulsory delisting, and no longer trade on a stock exchange.
Powerful Technologies has 18 court cases on record: 18 filed against it. 6 are pending. Most are in the district courts.
Powerful Technologies was incorporated on 26 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Powerful Technologies has 9 deals on record (8 market trades, 1 ipo); the latest was in April 2020.
Rajesh Kumar ceased to be Director on 23 Jan 2020. Karuna Chhabra ceased to be Director on 27 Sep 2019. Rajesh Kumar was appointed as Director on 27 Sep 2019. Powerful Technologies has 12 board changes on record in total.
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