- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0124029

About Powersun India Private Limited
Data last updated:
Powersun India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 24 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC249567. Its GSTIN is 27AAHCP4132A1ZV (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Prateek Praveen Kakulte and Prarthana Praveen Kakulte.
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 Level 3 Anuradha Satyamurthy Residency 16 Vithal Nagar Chsl Ns Road 11 Juhu, Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.39 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹64.47 Lakh (net margin 6.2%) and EBITDA of ₹1.28 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 63% over five years.
The company has about 159 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4 Cr on record.
Powersun India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0124029). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powersun.in.
Company details
Recognitions & Rankings of Powersun India
Contact details
Powersun India Private Limited's registered office is in Mumbai, Maharashtra. Its website is powersun.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel 3 Anuradha Satyamurthy Residency 16 Vithal Nagar Chsl Ns Road 11 Juhu, Mumbai, Maharashtra, India – 400049
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Powersun 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 Powersun India is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Powersun India Private Limited, buy the company report.
Financials of Powersun India Private Limited
FY 2024 filings availablePowersun India Private Limited reported revenue of ₹10.39 Cr (up 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 52% growth in the latest year. EBITDA rose 159% 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 | ₹1.28 Cr | ||||
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| Net Profit (PAT) | ₹64.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 6.2% | ||||
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To see the full financial statements and ratios of Powersun India Private Limited, buy the company report.
Board of directors of Powersun India Private Limited
Powersun India has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prateek Praveen Kakulte Also directs: Evve Electric Vehicles India Private Limited, Powercon Ventures India Private Limited', Powersun Infra Private Limited and 4 more | Director | 24 Oct 2013 | 13 Years 0 Months | Current |
| Prarthana Praveen Kakulte Also directs: Powercon Ventures India Private Limited', Datamann India LLP | Director | 10 Mar 2018 | 8 Years 7 Months | Current |
| Pratiksha Pravin Kakulte Also directs: Powerwind Energy Private Limited, Powercon Ventures India Private Limited', Powersun Infra Private Limited and 5 more | Director | 24 Oct 2013 | 13 Years 0 Months | Current |
| Praveen Dayaram Kakulte Also directs: Evve Electric Vehicles India Private Limited, Powerwind Energy Private Limited, Powercon Ventures India Private Limited' and 3 more | Director | 24 Oct 2013 | 13 Years 0 Months | Current |
Peer comparison
Powersun India Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Talettutayi Solar Projects Two Private Limited | ₹10.51 Cr (FY 2025) | -21.0% | Gurgaon, Haryana, India | |||
| Avaada Knshorapur Private Limited | ₹10.48 Cr (FY 2025) | 3.0% | Noida, Uttar Pradesh, India | |||
| Powersun India Private Limitedthis company | ₹10.39 Cr (FY 2024) | ₹64.47 Lakh | 6.2% | 52.0% | 159 | Mumbai, Maharashtra, India |
| Fpel Phoenix Private Limited | ₹10.33 Cr (FY 2025) | 94.0% | Hyderabad, Telangana, India | |||
| Sri Amman Sizing and Weaving Mills Private Limited | ₹10.32 Cr (FY 2024) | 762.0% | Annur, Tamil Nadu, India |
To see the full peer comparison of Powersun India Private Limited, buy the company report.
Auditor
Powersun India Private Limited is audited by Palsule Pangam & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Palsule Pangam & Co | FY 2023 | 144058W |
Shareholding
The shareholding of Powersun 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Powersun India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2023 | 100764805 | Others | ₹3 Cr | Open | |
| 01 Jul 2017 | 100127545 | Hdfc Bank Limited | ₹1 Cr | Open |
To see the full charge records of Powersun India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Powersun India 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 Powersun India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Powersun India Private Limited has a workforce of 159 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.
GST
Powersun India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP4132A1ZV | Maharashtra | Active | 01 Jul 2017 |
| 24AAHCP4132A1Z1 | Gujarat | Active | 02 Jan 2023 |
To see the full GST registrations and return filing status of Powersun India Private Limited, buy the company report.
Recent activity
Powersun India Private Limited has 4 board changes on record since 2013: 4 appointments. The latest: Prarthana Praveen Kakulte was appointed as Director on 10 Mar 2018.
Frequently asked questions
Powersun India is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 24 October 2013 (13+ years old) and is registered under CIN U74999MH2013PTC249567.
Powersun India has 4 current directors:
- Prateek Praveen Kakulte - Director
- Prarthana Praveen Kakulte - Director
- Pratiksha Pravin Kakulte - Director
- Praveen Dayaram Kakulte - Director
The latest financial statements of Powersun India 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 2015 are in the company report.
The GSTIN of Powersun India is 27AAHCP4132A1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAHCP4132A1Z1 (Gujarat).
The CIN (Corporate Identification Number) of Powersun India is U74999MH2013PTC249567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powersun India was incorporated on 24 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Powersun India by revenue are Talettutayi Solar Projects Two Private Limited, Avaada Knshorapur Private Limited, Fpel Phoenix Private Limited, Sri Amman Sizing and Weaving Mills Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Prarthana Praveen Kakulte was appointed as Director on 10 Mar 2018. Prateek Praveen Kakulte was appointed as Director on 24 Oct 2013. Pratiksha Pravin Kakulte was appointed as Director on 24 Oct 2013. Powersun India has 4 board changes on record in total.
Yes, Powersun India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0124029).
Powersun India can be reached through the website powersun.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Powersun India is at Level 3 Anuradha Satyamurthy Residency 16 Vithal Nagar Chsl Ns Road 11 Juhu, Mumbai, Maharashtra, India – 400049.