About Powergear Limited
Data last updated: 17 February 2026
Powergear Limited is a public limited company based in Chennai, Tamil Nadu, India. It specialises in power equipment manufacturers, a part of the broader energy and power sector. Incorporated on 26 March 1980, the company has been in operation for over 46 years.
Registered with ROC Chennai under CIN U32109TN1980PLC090740.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.37 Cr. Formerly known as Powergear Private Limited. It is led by directors including Govindarao Subbarao and Tirukkurungudi Seshadri Srinivasan.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No.B – 33 Phase 2 5Th Main Road Mepz – Sez Tambaram, Chennai, Tamil Nadu, India – 600045.
As per the financials filed for FY 2025, the company reported a revenue of ₹289.87 Cr, a decline of 2% compared to the previous year.
The company has a workforce of approximately 215 employees as per the latest available data.
The company is associated with 1 brand - Powergear Limited. As per MCA filings, the company has open charges of ₹204.46 Cr 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 powergearlimited.com.
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Registered AddressPlot No.B – 33 Phase 2 5Th Main Road Mepz – Sez Tambaram, Chennai, Tamil Nadu, India – 600045
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IndustryEnergy and Power, Power Equipment Manufacturers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Powergear Limited
Powergear Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U32109TN1980PLC090740, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32109TN1980PLC090740 | Current |
| U85110KA1980PLC003787 | Previous |
| U32109KA1980PLC003787 | Previous |
Associated Brands with Powergear Limited
Powergear Limited operates one associated brand: Powergear Limited. These brands represent Powergear Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying of power systems, busducts, and switchgear by Powergear Limited in the energy sector. | powergearlimited.com |
Business Activity of Powergear Limited
Powergear Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details for Powergear Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Powergear Limited
Powergear Limited is audited by B.P.RAO & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B.P.RAO & CO | Locked | Locked | Locked |
Complete auditor history for Powergear Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Powergear Limited
Powergear Limited is currently managed by 4 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Govindarao Subbarao
Also directs:
Powergear Limited
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Director | 26 Mar 1980 | 46 Years 3 Months | Current |
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Tirukkurungudi Seshadri Srinivasan
Also directs:
Powergear Limited, Constronics Infra Limited, Groarc Industries India Limited and 3 more
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Director | 03 Feb 2021 | 5 Years 5 Months | Current |
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Rajesh Xavier Durairaj
Also directs:
Nireta Brands Llp, Reep Electricx Motors Private Limited, Lei Powergear Private Limited and 4 more
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Managing Director | 28 Sep 2007 | 18 Years 9 Months | Current |
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Durairaj Xavier
Also directs:
Nireta Brands Llp, Gilt Sterling Private Limited, P C Exports Private Limited and 5 more
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Director | 11 Sep 2000 | 25 Years 10 Months | Current |
Financials of Powergear Limited FY 2025 filings available
Powergear Limited reported revenue of ₹289.87 Cr (down 2.00% YoY) for FY 2025.
Ten-year financial statements for Powergear Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Powergear Limited
Shareholding and ownership data for Powergear Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Group Structure of Powergear Limited
Powergear Limited has 1 joint venture. This group structure data is as of FY 2023. The corporate group structure reflects Powergear Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Powergear Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2025 | Axis Bank Limited | ₹65 Cr | Open |
| 18 Oct 2021 | Axis Bank Limited | ₹70 Lakh | Open |
| 04 Nov 1989 | State Bank of India | ₹138.76 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Powergear Limited
Powergear Limited has a workforce of 215 employees as of Oct 04, 2024.
Employee and EPFO history for Powergear Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Powergear Limited
GST registrations and filing compliance for Powergear Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Powergear Limited
Credit ratings, litigation, and regulatory alerts for Powergear Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Powergear Limited
MSME payment history for Powergear Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Powergear Limited
Corporate group structure for Powergear Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Powergear Limited
MCA filings and documents for Powergear Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Powergear Limited
Frequently Asked Questions about Powergear Limited
Powergear Limited is an active public limited company in the energy and power sector based in Chennai, Tamil Nadu, India. It was incorporated on 26 March 1980 (46+ years old) and is registered under CIN U32109TN1980PLC090740. The company has 215 employees.
Powergear Limited reported revenue of ₹289.87 Cr for FY 2025 (down 2.00% YoY).
The current directors of Powergear Limited are:
- Govindarao Subbarao - Director
- Tirukkurungudi Seshadri Srinivasan - Director
- Rajesh Xavier Durairaj - Managing Director
- Durairaj Xavier - Director
The primary industry of Powergear Limited is energy and power. The company specifically operates in power equipment manufacturers. The company is currently active in this sector.
Powergear Limited can be reached at the registered office: Plot No.B – 33 Phase 2 5Th Main Road Mepz – Sez Tambaram, Chennai, Tamil Nadu, India – 600045, or through the website powergearlimited.com.
The authorised capital is ₹5 Cr, and the paid-up capital is ₹2.37 Cr.