MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0234683
Powergrace Industries Limited - metals and minerals in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹19.67 Cr
▲ 14% YoY
Net profit · FY 2023
₹1.73 Cr
Net margin 8.8%
EBITDA · FY 2023
₹2.56 Cr
EBITDA margin 13%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Satisfied charges
₹16.88 Lakh
No open charges
Company age
13 yrs
Est. 2013
Employees · EPFO
81
Provident fund records
About Powergrace Industries Limited
Data last updated:
Powergrace Industries Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Agl Industries Limited. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 12 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85100GJ2013PLC075582. Its GSTIN is 24AAHCP2214K1ZL (Gujarat). The company holds 10 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Girishbhai Manilal Patel and Girish Narayan Patel.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 305 3rd Floor Devarc Opp. Iscon Temple S.G.Highway, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.67 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.73 Cr (net margin 8.8%) and EBITDA of ₹2.56 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.
The company has about 81 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹16.88 Lakh on record. Court records list 61 cases involving the company, including 61 filed by the company; 16 cases are pending.
Powergrace Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0234683). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powergraceindustries.com.
Company details
CIN U85100GJ2013PLC075582
Registration Number 075582
Incorporation Date 12 June 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Agl Industries Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0234683
CIN history
Powergrace Industries has one previous CIN (Corporate Identification Number): U24100GJ2013PLC075582. The current CIN is U85100GJ2013PLC075582, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85100GJ2013PLC075582 | Current |
| U24100GJ2013PLC075582 | Previous |
Key People
Girishbhai Manilal Patel Director Girish Narayan Patel Director Mukeshbhai Jivabhai Patel Director Recognitions & Rankings of Powergrace Industries
Contact details
Powergrace Industries Limited's registered office is in Ahmedabad, Gujarat. Its website is powergraceindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No. 305 3rd Floor Devarc Opp. Iscon Temple S.G.Highway, Ahmedabad, Gujarat, India – 380015
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Powergrace Industries Limited, buy the company report.
Comprehensive company report
Powergrace Industries 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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Financials of Powergrace Industries Limited
FY 2025 filings availablePowergrace Industries Limited reported revenue of ₹19.67 Cr (up 14% YoY) for FY 2023.
Revenue · FY 2023
₹19.67 Cr ▲ 14%
Net profit · FY 2023
₹1.73 Cr margin 8.8%
EBITDA · FY 2023
₹2.56 Cr margin 13%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 6%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 31%
5 years · compounded
▲ 20%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 14% growth in the latest year. EBITDA rose 17% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.67 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.73 Cr | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | ||||
| Net Profit Margin | 8.8% | ||||
| 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 Powergrace Industries Limited, buy the company report.
Board of directors of Powergrace Industries Limited
Powergrace Industries has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girishbhai Manilal Patel Also directs: Agl Industries Limited, Agl Marketing LLP | Director | 12 Jun 2013 | 13 Years 4 Months | Current |
| Girish Narayan Patel | Director | 06 Dec 2023 | 2 Years 11 Months | Current |
| Mukeshbhai Jivabhai Patel | Director | 30 Mar 2023 | 3 Years 7 Months | Current |
| Kamleshbhai Mavjibhai Patel | Director | 12 Jun 2013 | 13 Years 4 Months | Current |
Auditor
Powergrace Industries Limited is audited by R R S & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R S & Associates | FY 2023 | 118336W |
Shareholding
The shareholding of Powergrace Industries 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Powergrace Industries Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹16.88 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2018 | 100210399 | Hdfc Bank Limited | ₹10.65 Lakh | Satisfied | |
| 11 Aug 2017 | 100119894 | Hdfc Bank Limited | ₹6.23 Lakh | Satisfied |
To see the full charge records of Powergrace Industries Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Powergrace Industries Limited has 61 court cases on record: 61 filed by Powergrace Industries. 16 cases are pending and 45 are disposed.
Total cases
61
Filed by the company
61
Pending
16
Disposed
45
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 61 | 0 | 16 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Aroma Enterprises | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Om Shri Yellamma Enterprises | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Ponni and Co and 2 others | Pending |
To see the full case history of Powergrace Industries 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
Powergrace Industries Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 242 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Walplast Products Private Limited | |||
| Harra Polypack - Gandhinagar | |||
| Samcon Chemicals Private Limited | |||
| Drychem India Private Limited | |||
| Samrock Chemicals (I) Limited |
To see the full MSME payment records of Powergrace Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Powergrace Industries Limited has a workforce of 81 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
81
Active EPFO establishments
1
Employee growth
52.83%
GST
Powergrace Industries has 10 GST registrations: 2 active and 8 cancelled or inactive.
Total GSTINs
10
Active
2
Cancelled / inactive
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCP2214K1ZL | Gujarat | Active | 01 Jul 2017 |
| 19AAHCP2214K1ZC | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Powergrace Industries Limited, buy the company report.
Recent activity
Powergrace Industries Limited has 7 board changes on record since 2013: 4 appointments and 3 cessations. The latest: Girish Narayan Patel ceased to be Additional Director on 15 Aug 2024.
AGM
Powergrace Industries Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Powergrace Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Girish Narayan Patel ceased to be Additional Director.
Appointed
Girish Narayan Patel was appointed as Director.
Ceased
Mukeshbhai Jivabhai Patel ceased to be Additional Director.
Charges
A charge registered on 30 Sep 2018 via Charge ID 100210399 with Hdfc Bank Limited was fully satisfied on 17 Aug 2023.
Ceased
Kalidas Jivabhai Patel ceased to be Director.
Appointed
Mukeshbhai Jivabhai Patel was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.65 Lakh with Charge ID 100210399 was registered on 30 Sep 2018.
Charges
A charge registered on 11 Aug 2017 via Charge ID 100119894 with Hdfc Bank Limited was fully satisfied on 07 Aug 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.23 Lakh with Charge ID 100119894 was registered on 11 Aug 2017.
Appointed
Girishbhai Manilal Patel was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Powergrace Industries is an active public limited company based in Ahmedabad, Gujarat, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 12 June 2013 (13+ years old) and is registered under CIN U85100GJ2013PLC075582.
Powergrace Industries has 4 current directors:
- Girishbhai Manilal Patel - Director
- Girish Narayan Patel - Director
- Mukeshbhai Jivabhai Patel - Director
- Kamleshbhai Mavjibhai Patel - Director
The latest financial statements of Powergrace Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Powergrace Industries is 24AAHCP2214K1ZL, registered in Gujarat. The company has 10 GST registrations in all, of which 2 are active and 8 are cancelled or inactive. Other active GSTINs include 19AAHCP2214K1ZC (West Bengal).
The CIN (Corporate Identification Number) of Powergrace Industries is U85100GJ2013PLC075582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powergrace Industries has 61 court cases on record: 61 filed by the company. 16 are pending.
Powergrace Industries was incorporated on 12 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Girish Narayan Patel ceased to be Additional Director on 15 Aug 2024. Girish Narayan Patel was appointed as Director on 06 Dec 2023. Mukeshbhai Jivabhai Patel ceased to be Additional Director on 29 Sep 2023. Powergrace Industries has 7 board changes on record in total.
Yes, Powergrace Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0234683).
Powergrace Industries has 12 MSME Form 1 returns on record between 2019 and 2023, listing 242 overdue payments to 13 micro and small suppliers. The latest return was filed on 23 Oct 2023.
Powergrace Industries can be reached through the website powergraceindustries.com. Its registered office is in Ahmedabad, Gujarat, India.
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