Powergate Energy (Mysore) Private Limited

Powergate Energy (Mysore) Private Limited - environment in Mysore, Karnataka, India. FY 2026 financials & compliance.
CIN U29222KA2013PTC071495 Incorporated 21 October 2013 ROC Bangalore HQ Mysore, Karnataka, India
Active Private Limited Company environment MSME · Small
Data last updated
Revenue · FY 2024
₹5.59 Cr
▲ 6% YoY
Net profit · FY 2024
₹2.86 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹23.77 Lakh
EBITDA margin 4.3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹11 Lakh
Issued & subscribed
Open charges
₹1.35 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
4
As per MCA filings

About Powergate Energy (Mysore) Private Limited

Data last updated:

Powergate Energy (Mysore) Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 21 October 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29222KA2013PTC071495. Its GSTIN is 29AAHCP5139P1ZN (Karnataka).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors including Guruswamy Saravanan (Whole-Time Director) and Poornima Ramaswamy (Whole-Time Director).

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 Mysore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹5.59 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.86 Lakh (net margin 0.5%) and EBITDA of ₹23.77 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 80% over five years.

As per MCA filings, the company has open charges of ₹1.35 Cr on record.

Powergate Energy (Mysore) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0027970). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powergate.in.

Company details

CIN U29222KA2013PTC071495
Registration Number 071495
Incorporation Date 21 October 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-22-0027970

Recognitions & Rankings of Powergate Energy (Mysore)

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-22-0027970

Contact details

Powergate Energy (Mysore) Private Limited's registered office is in Mysore, Karnataka. Its website is powergate.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    364 6th Cross Kamakshi Hospital Road Kuvempu, Nagara, Mysore, Karnataka, India – 570009
  • Industry
    Environment, Clean Energy Solutions

To see the full contact details of Powergate Energy (Mysore) Private Limited, buy the company report.

Comprehensive company report
Powergate Energy (Mysore) Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Powergate Energy (Mysore) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Powergate Energy (Mysore) Private Limited, buy the company report.

Financials of Powergate Energy (Mysore) Private Limited

FY 2025 filings available

Powergate Energy (Mysore) Private Limited reported revenue of ₹5.59 Cr (up 6% YoY) for FY 2024.

Revenue · FY 2024
₹5.59 Cr ▲ 6%
Net profit · FY 2024
₹2.86 Lakh margin 0.5%
EBITDA · FY 2024
₹23.77 Lakh margin 4.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 26%
5 years · compounded
▲ 80%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 14%
5 years · compounded
▲ 43%

Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 6% growth in the latest year. EBITDA rose 52% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹23.77 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.86 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.3%
Net Profit Margin0.5%
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

To see the full financial statements and ratios of Powergate Energy (Mysore) Private Limited, buy the company report.

Board of directors of Powergate Energy (Mysore) Private Limited

Powergate Energy (Mysore) has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Guruswamy SaravananWhole-Time Director21 Oct 201313 Years 0 MonthsCurrent
Poornima RamaswamyWhole-Time Director21 Oct 201313 Years 0 MonthsCurrent
Mandayam Kesari TippaniWhole-Time Director21 Oct 201313 Years 0 MonthsCurrent
AbhishekDirector11 Oct 20188 Years 0 MonthsCurrent

Auditor

Powergate Energy (Mysore) Private Limited is audited by M A NARASIMHAN & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M A NARASIMHAN & COFY 2023002347S

Shareholding

The shareholding of Powergate Energy (Mysore) Private 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Powergate Energy (Mysore) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.35 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.75 Cr
Axis Bank Limited₹0.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Mar 2025101063103Hdfc Bank Limited₹75 LakhOpen
20 Jul 2023100755023Axis Bank Limited₹20 LakhOpen
06 Jun 2023100729865Axis Bank Limited₹40 LakhOpen

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Powergate Energy (Mysore) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Powergate Energy (Mysore) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAHCP5139P1ZNKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Powergate Energy (Mysore) Private Limited, buy the company report.

Recent activity

Powergate Energy (Mysore) Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Abhishek ceased to be Additional Director on 30 Sep 2019.

AGM
Powergate Energy (Mysore) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Powergate Energy (Mysore) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 75.00 Lakh with Charge ID 101063103 was registered on 11 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100755023 was registered on 20 Jul 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 100729865 was registered on 06 Jun 2023.
Ceased
Abhishek ceased to be Additional Director.
Appointed
Abhishek was appointed as Director.
Ceased
Rajagopal Sathya Kumar ceased to be Whole-Time Director.
Appointed
Guruswamy Saravanan was appointed as Whole-Time Director.
Appointed
Mandayam Kesari Tippani was appointed as Whole-Time Director.
Appointed
Poornima Ramaswamy was appointed as Whole-Time Director.
Incorporation
21 Oct 2013
Powergate Energy (Mysore) Private Limited was registered on 21 Oct 2013 with Roc Bangalore & aged 13 years 11 days as per MCA records.

Frequently asked questions

Powergate Energy (Mysore) is an active private limited company based in Mysore, Karnataka, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 21 October 2013 (13+ years old) and is registered under CIN U29222KA2013PTC071495.

Powergate Energy (Mysore) has 4 current directors:

The latest financial statements of Powergate Energy (Mysore) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Powergate Energy (Mysore) is 29AAHCP5139P1ZN, registered in Karnataka.

The CIN (Corporate Identification Number) of Powergate Energy (Mysore) is U29222KA2013PTC071495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Powergate Energy (Mysore) was incorporated on 21 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.

Abhishek ceased to be Additional Director on 30 Sep 2019. Abhishek was appointed as Director on 11 Oct 2018. Rajagopal Sathya Kumar ceased to be Whole-Time Director on 09 Aug 2014. Powergate Energy (Mysore) has 6 board changes on record in total.

Yes, Powergate Energy (Mysore) is registered as a small enterprise under Udyam registration (number: UDYAM-KR-22-0027970).

Powergate Energy (Mysore) can be reached through the website powergate.in. Its registered office is in Mysore, Karnataka, India.

The registered office of Powergate Energy (Mysore) is at 364 6th Cross Kamakshi Hospital Road Kuvempu, Nagara, Mysore, Karnataka, India – 570009.