- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0071363

About Powernetics Equipment (India) Private Limited
Data last updated:
Powernetics Equipment (India) Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 28 July 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31400MH1997PTC109657. Its GSTIN is 27AAACP9311Q1ZY (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Satish Chada and Dhaneshkumar Singa Udayavar.
Its last annual general meeting (AGM) was held on 23 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. El – 15 Ttc Industrial Area Electronic Zone Mahape, Navi Mumbai, Maharashtra, India – 400710.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.86 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹16.6 Lakh (net margin -2.8%) and EBITDA of -₹14.37 Lakh (EBITDA margin -2.5%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 27% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹4.91 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Powernetics Equipment (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0071363). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powernetics.co.in.
Company details
Recognitions & Rankings of Powernetics Equipment (India)
Contact details
Powernetics Equipment (India) Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is powernetics.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. El – 15 Ttc Industrial Area Electronic Zone Mahape, Navi Mumbai, Maharashtra, India – 400710
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Powernetics Equipment (India) Private 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
Business activity
The main business activity of Powernetics Equipment (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Powernetics Equipment (India) Private Limited, buy the company report.
Financials of Powernetics Equipment (India) Private Limited
FY 2024 filings availablePowernetics Equipment (India) Private Limited reported revenue of ₹5.86 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 14% growth in the latest year. EBITDA fell 236% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹14.37 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹16.6 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.5% | ||||
| Net Profit Margin | -2.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Powernetics Equipment (India) Private Limited, buy the company report.
Board of directors of Powernetics Equipment (India) Private Limited
Powernetics Equipment (India) has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Chada | Director | 28 Jul 1997 | 29 Years 3 Months | Current |
| Dhaneshkumar Singa Udayavar | Director | 08 Jan 2015 | 11 Years 9 Months | Current |
| Kavita Kapoor | Director | 08 Jan 2015 | 11 Years 9 Months | Current |
Peer comparison
Powernetics Equipment (India) Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Emisun Solar Private Limited | ₹5.9 Cr (FY 2025) | 30.0% | Rajkot, Gujarat, India | |||
| Dynatronix India Private Limited | ₹5.9 Cr (FY 2025) | 51.0% | Coimbatore, Tamil Nadu, India | |||
| Powernetics Equipment (India) Private Limitedthis company | ₹5.86 Cr (FY 2024) | -₹16.6 Lakh | -2.8% | 14.0% | Navi Mumbai, Maharashtra, India | |
| Kanchan International Limited | ₹5.84 Cr (FY 2015) | -50.0% | Mumbai, Maharashtra, India | |||
| BN Led Lights Private Limited | ₹5.84 Cr (FY 2025) | -6.0% | Lothada, Gujarat, India | |||
| Spectrum Uv Private Limited | ₹5.83 Cr (FY 2024) | 89.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Powernetics Equipment (India) Private Limited, buy the company report.
Auditor
Powernetics Equipment (India) Private Limited is audited by P.S.NAGARAJAN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.S.NAGARAJAN & CO. | FY 2023 | 106766W |
Shareholding
The shareholding of Powernetics Equipment (India) 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 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 Powernetics Equipment (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2006 | 10016023 | Bank of India | ₹2.6 Cr | Satisfied | |
| 13 Aug 2005 | 90149111 | Bank of India | ₹2.3 Cr | Satisfied |
To see the full charge records of Powernetics Equipment (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Powernetics Equipment (India) Private Limited has 2 court cases on record: 2 filed by Powernetics Equipment (India). All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Padma Ispat Pvt. Ltd and 8 Ors | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against an individual | Pending |
To see the full case history of Powernetics Equipment (India) Private 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
Powernetics Equipment (India) Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Powernetics Equipment (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Powernetics Equipment (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP9311Q1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Powernetics Equipment (India) Private Limited, buy the company report.
Recent activity
Powernetics Equipment (India) Private Limited has 9 board changes on record since 1997: 3 appointments and 6 cessations. The latest: Manigandan Majunathan ceased to be Director on 15 May 2025.
6 earlier events are in the company report.
Frequently asked questions
Powernetics Equipment (India) is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 28 July 1997 (29+ years old) and is registered under CIN U31400MH1997PTC109657.
Powernetics Equipment (India) has 3 current directors:
- Satish Chada - Director
- Dhaneshkumar Singa Udayavar - Director
- Kavita Kapoor - Director
The latest financial statements of Powernetics Equipment (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 October 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Powernetics Equipment (India) is 27AAACP9311Q1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Powernetics Equipment (India) is U31400MH1997PTC109657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powernetics Equipment (India) has 2 court cases on record: 2 filed by the company. 2 are pending. Most are in the district courts.
Powernetics Equipment (India) was incorporated on 28 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Powernetics Equipment (India) by revenue are Emisun Solar Private Limited, Dynatronix India Private Limited, Kanchan International Limited, BN Led Lights Private Limited, Spectrum Uv Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Manigandan Majunathan ceased to be Director on 15 May 2025. Rajesh Srivastava ceased to be Director on 30 Nov 2024. Bhalchandra Wamanrao Chavan ceased to be Director on 24 Apr 2018. Powernetics Equipment (India) has 9 board changes on record in total.
Yes, Powernetics Equipment (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0071363).
Powernetics Equipment (India) has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 31 May 2019.
Powernetics Equipment (India) can be reached through the website powernetics.co.in. Its registered office is in Navi Mumbai, Maharashtra, India.

