Powerriders Private Limited
About Powerriders Private Limited
Data last updated:
Powerriders Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 27 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U50500GJ2017PTC097134. Its GSTIN is 24AAJCP1623J1ZI (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ravirajsinh Pradumnsinh Jadeja and Lalit Vanarsibhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot A1 – A/3 Nr Umiya Nagar Industries Opp Chosath Jogani Mata Mandir, Surat, Gujarat, India – 394210.
As per the financials filed for FY 2024, the company reported a revenue of ₹99.34 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹42.77 Lakh (net margin -43%) and EBITDA of -₹36.54 Lakh (EBITDA margin -36.8%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Powerriders Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot A1 – A/3 Nr Umiya Nagar Industries Opp Chosath Jogani Mata Mandir, Surat, Gujarat, India – 394210
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Powerriders 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 Powerriders is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Powerriders Private Limited, buy the company report.
Financials of Powerriders Private Limited
FY 2024 filings availablePowerriders Private Limited reported revenue of ₹99.34 Lakh (up 610% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 610% in the latest year. EBITDA fell 272% 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 |
|---|---|---|---|---|---|
| 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 | -₹36.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹42.77 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -36.8% | ||||
| Net Profit Margin | -43% | ||||
| 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 Powerriders Private Limited, buy the company report.
Board of directors of Powerriders Private Limited
Powerriders has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravirajsinh Pradumnsinh Jadeja Also directs: Power Green Mobility LLP, Monarch Automotive Private Limited, Power Automobiles Private Limited and 5 more | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
| Lalit Vanarsibhai Patel Also directs: Power Green Mobility LLP, Power Mobility Private Limited, Shaktison Autoworld LLP and 2 more | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Powerriders Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akvee Automotives Private Limited | ₹99.91 Lakh (FY 2020) | 35582.0% | Changanacherry, Kerala, India | |||
| My Wheels Private Limited | ₹99.89 Lakh (FY 2017) | -74.0% | Bhopal, Madhya Pradesh, India | |||
| Powerriders Private Limitedthis company | ₹99.34 Lakh (FY 2024) | -₹42.77 Lakh | -43% | 610.0% | Surat, Gujarat, India | |
| Sisco Automotive Private Limited | ₹98.97 Lakh (FY 2024) | -7.0% | Delhi, India | |||
| Perron Marketers & Distributors Private Limited | ₹98.79 Lakh (FY 2024) | 15.0% | Patna, Bihar, India | |||
| Aqib Automobiles Private Limited | ₹98.74 Lakh (FY 2024) | -27.0% | Jhansi, Uttar Pradesh, India |
To see the full peer comparison of Powerriders Private Limited, buy the company report.
Auditor
Powerriders Private Limited is audited by HEMANT P. DALAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HEMANT P. DALAL & CO | FY 2022 | 115329W |
Shareholding
The shareholding of Powerriders 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 Powerriders Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Powerriders Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Powerriders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Powerriders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCP1623J1ZI | Gujarat | Active | 29 Dec 2022 |
To see the full GST registrations and return filing status of Powerriders Private Limited, buy the company report.
Recent activity
Powerriders Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Lalit Vanarsibhai Patel was appointed as Director on 20 Dec 2022.
Frequently asked questions
Powerriders is an active private limited company based in Surat, Gujarat, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 27 April 2017 (9+ years old) and is registered under CIN U50500GJ2017PTC097134.
Powerriders has 2 current directors:
- Ravirajsinh Pradumnsinh Jadeja - Director
- Lalit Vanarsibhai Patel - Director
The latest financial statements of Powerriders on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Powerriders is 24AAJCP1623J1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Powerriders is U50500GJ2017PTC097134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powerriders was incorporated on 27 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Powerriders by revenue are Akvee Automotives Private Limited, My Wheels Private Limited, Sisco Automotive Private Limited, Perron Marketers & Distributors Private Limited, Aqib Automobiles Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Lalit Vanarsibhai Patel was appointed as Director on 20 Dec 2022. Pradhumansinh Rajendrasinh Jadeja ceased to be Director on 20 Dec 2022. Ravirajsinh Pradumnsinh Jadeja was appointed as Director on 20 Dec 2022. Powerriders has 7 board changes on record in total.
The registered office of Powerriders is at Plot A1 – A3 Nr Umiya Nagar Industries Opp Chosath Jogani Mata Mandir, Surat, Gujarat, India – 394210.
Powerriders operates in the automotive industry, in the auto dealership and trading segment.
The compliance status of Powerriders is compliant as of 24 September 2026. The company is actively filing with the Registrar of Companies.