About Powernet India Private Limited
Data last updated:
Powernet India Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 16 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U40106KL2012PTC031227. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Mary Karukappillil Jose and Karukappillil Philipose Jose.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Karukappillil House Oliyappuram Po Koothattukulam, Ernakulam, Kerala, India – 686679.
As per the financials filed for FY 2019, the company reported a revenue of ₹53.12 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹67,797 (net margin -1.3%) and EBITDA of ₹21.99 Lakh (EBITDA margin 41.4%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years.
As per MCA filings, the company has open charges of ₹1.75 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 2 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powernet.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressKarukappillil House Oliyappuram Po Koothattukulam, Ernakulam, Kerala, India – 686679
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 of Powernet India Private Limited
The main business activity of Powernet India is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Powernet India Private Limited FY 2019 filings available
Powernet India Private Limited reported revenue of ₹53.12 Lakh (down 60% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Powernet India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 18% over three years, including a 60% fall in the latest year. EBITDA rose 3% 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 of Powernet India Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹21.99 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹67,797 | •••• | •••• | •••• | •••• |
| 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 of Powernet India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Powernet India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Powernet India Private Limited
Powernet India Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anvitel Solution Private Limited | ₹53.49 Lakh (FY 2025) | •••• | •••• | -80.0% | •••• | Buldhana, Maharashtra, India |
| Ravenz Lifetech Private Limited | ₹53.45 Lakh (FY 2022) | •••• | •••• | 8.0% | •••• | Delhi, India |
| Rubyte Components Private Limited | ₹53.44 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Mega Automations and Controls Private Limited | ₹53.4 Lakh (FY 2016) | •••• | •••• | -52.0% | •••• | Pune, Maharashtra, India |
| Visuell Creations Private Limited | ₹53.19 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Powernet India Private Limited this company | ₹53.12 Lakh (FY 2019) | •••• | •••• | -60.0% | •••• | Ernakulam, Kerala, India |
| Frontline Techsol Private Limited | ₹53.04 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Secunderabad, Telangana, India |
| Hurryr Logistics Services and Technology Solutions Private Limited | ₹53.03 Lakh (FY 2022) | •••• | •••• | -12.0% | •••• | Hyderabad, Telangana, India |
| Audio Technik Solutions India Private Limited | ₹52.86 Lakh (FY 2019) | •••• | •••• | -41.0% | •••• | Sangam Vihar, Delhi, India |
| Mishra Sales Agency Private Limited | ₹52.79 Lakh (FY 2021) | •••• | •••• | 85.0% | •••• | Virar East, Maharashtra, India |
| Ekalaiva Ventures Private Limited | ₹52.76 Lakh (FY 2022) | •••• | •••• | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Powernet India by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Powernet India Private Limited
Powernet India Private Limited is audited by BOBY FRANCIS & PRADEEP for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BOBY FRANCIS & PRADEEP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Powernet India Private Limited
Powernet India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mary Karukappillil Jose | Director | 16 May 2012 | 14 Years 5 Months | Current |
| Karukappillil Philipose Jose Also directs: Amass Power Solutions Private Limited | Director | 16 May 2012 | 14 Years 5 Months | Current |
| Philipose Karukappillil Ouseph | Director | 16 May 2012 | 14 Years 5 Months | Current |
Ownership and Shareholding of Powernet India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Powernet India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jun 2015 | Canara Bank | ₹1.3 Cr | Open |
| 09 Jun 2015 | Canara Bank | ₹44.5 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Powernet India Private Limited
Powernet India Private Limited has 5 court cases on record: 2 filed by Powernet India, 2 filed against it, 1 where it is another party. 3 cases are pending and 2 are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 3 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Civil suit | Company is another party | Pending |
| District court, Ernakulam, Kerala | Criminal complaint | Filed against the company by an individual | Pending |
| High Court of Kerala | Appeal | Filed by the company against Union of India | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against Union of India | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Powernet India Private Limited
Employment history and EPFO contributions of people linked to Powernet India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Powernet India Private Limited
Powernet India Private Limited has 5 board changes on record since 2012: 4 appointments and 1 cessation. The latest: Penattu Skaria Raju ceased to be Additional Director on 22 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Powernet India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Powernet India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Powernet India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Powernet India Private Limited
Powernet India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Powernet India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Powernet India Private Limited
Powernet India is an active private limited company based in Ernakulam, Kerala, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 16 May 2012 (14+ years old) and is registered under CIN U40106KL2012PTC031227.
Powernet India reported revenue of ₹53.12 Lakh for FY 2019 (down 60% YoY).
Powernet India has 3 current directors:
- Mary Karukappillil Jose - Director
- Karukappillil Philipose Jose - Director
- Philipose Karukappillil Ouseph - Director
Powernet India reported a net loss of ₹67,797 (net margin -1.3%) and EBITDA of ₹21.99 Lakh (EBITDA margin 41.4%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Powernet India is -18% over three years. In the latest year (FY 2019) revenue fell 60%. CAGR is the steady yearly rate that links the first and the last year.
No. Powernet India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Powernet India is U40106KL2012PTC031227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powernet India has 5 court cases on record: 2 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Powernet India was incorporated on 16 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Powernet India by revenue are Anvitel Solution Private Limited, Ravenz Lifetech Private Limited, Rubyte Components Private Limited, Mega Automations and Controls Private Limited, Visuell Creations Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Penattu Skaria Raju ceased to be Additional Director on 22 Nov 2018. Penattu Skaria Raju was appointed as Additional Director on 01 Mar 2017. Karukappillil Philipose Jose was appointed as Director on 16 May 2012. Powernet India has 5 board changes on record in total.