MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-23-0001114
Powertrac Industries Limited - machinery and equipment in Surendranagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹33.28 Cr
▼ 20% YoY
Net profit · FY 2024
₹2.05 Cr
Net margin 6.1%
EBITDA · FY 2024
₹3.38 Cr
EBITDA margin 10.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹40.18 Lakh
Issued & subscribed
Open charges
₹55.5 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
10
Provident fund records
About Powertrac Industries Limited
Data last updated:
Powertrac Industries Limited is a public limited company based in Surendranagar, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 10 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31906GJ2019PLC107571. Its GSTIN is 24AAKCP4906F1ZI (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹40.18 Lakh. It is led by directors including Deepak Ashok Londhe and Artiba Bharatsinh Rana.
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 Ls No. 248/2 Opp Rai Bus Stand Wadhwan – Limbdi Highway Village:Sankali Wadhwan, Surendranagar, Gujarat, India – 361002.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.28 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹2.05 Cr (net margin 6.1%) and EBITDA of ₹3.38 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Powertrac Group. As per MCA filings, the company has open charges of ₹55.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Powertrac Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-23-0001114). For more details, the company can be reached via its website powertracgroup.com.
Company details
CIN U31906GJ2019PLC107571
Registration Number 107571
Incorporation Date 10 April 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-GJ-23-0001114
Key People
Deepak Ashok Londhe Director Artiba Bharatsinh Rana Director Bharatsinh Bhikhobha Rana Director Recognitions & Rankings of Powertrac Industries
Contact details
Powertrac Industries Limited's registered office is in Surendranagar, Gujarat. Its website is powertracgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLs No. 248/2 Opp Rai Bus Stand Wadhwan – Limbdi Highway Village:Sankali Wadhwan, Surendranagar, Gujarat, India – 361002
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Powertrac Industries Limited, buy the company report.
Comprehensive company report
Powertrac 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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Brands
Powertrac Industries operates one associated brand: Powertrac Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solar energy services and products. | powertracgroup.com |
Business activity
The main business activity of Powertrac Industries 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 Powertrac Industries Limited, buy the company report.
Financials of Powertrac Industries Limited
FY 2024 filings availablePowertrac Industries Limited reported revenue of ₹33.28 Cr (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹33.28 Cr ▼ 20%
Net profit · FY 2024
₹2.05 Cr margin 6.1%
EBITDA · FY 2024
₹3.38 Cr margin 10.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 215%
3 years · compounded
▲ 38%
Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 215% 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 | ₹33.28 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.05 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 6.1% | ||||
| 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 Powertrac Industries Limited, buy the company report.
Board of directors of Powertrac Industries Limited
Powertrac Industries has 3 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 |
|---|---|---|---|---|
| Deepak Ashok Londhe | Director | 11 Apr 2022 | 4 Years 6 Months | Current |
| Artiba Bharatsinh Rana Also directs: Powertrac Greenpro Private Limited | Director | 10 Apr 2019 | 7 Years 7 Months | Current |
| Bharatsinh Bhikhobha Rana | Director | 10 Apr 2019 | 7 Years 7 Months | Current |
Peer comparison
Powertrac Industries Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Busch Manufacturing India Private Limited | ₹33.54 Cr (FY 2025) | 33.0% | Pune, Maharashtra, India | |||
| GT Cargo Fittings India Private Limited | ₹33.36 Cr (FY 2024) | -11.0% | New Delhi, Delhi, India | |||
| Powertrac Industries Limitedthis company | ₹33.28 Cr (FY 2024) | ₹2.05 Cr | 6.1% | -20.0% | 10 | Surendranagar, Gujarat, India |
| Samco Machinery India Private Limited | ₹33.26 Cr (FY 2024) | 120.0% | Palwal, Haryana, India |
To see the full peer comparison of Powertrac Industries Limited, buy the company report.
Auditor
Powertrac Industries Limited is audited by SHAH SANGHVI & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH SANGHVI & ASSOCIATES | FY 2024 | 140107W |
Shareholding
The shareholding of Powertrac Industries Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Powertrac Industries Limited, buy the company report.
Charges & borrowings
Open charges
₹55.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2025 | 101157035 | Others | ₹30 Lakh | Open | |
| 04 Aug 2025 | 101147702 | Others | ₹2 Cr | Open | |
| 21 Jun 2025 | 101111495 | Others | ₹7 Cr | Open | |
| 24 Apr 2025 | 101087886 | Others | ₹90 Lakh | Open | |
| 27 Oct 2024 | 101005141 | Others | ₹29.89 Cr | Open |
To see the full charge records of Powertrac Industries Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Powertrac Industries Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Daga Power Systems and Engineers Pvt. Ltd. | Disposed |
To see the full case history of Powertrac 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
No delayed payments to MSME suppliers are on our record for Powertrac Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Powertrac Industries Limited has a workforce of 10 employees on its EPFO records as of Feb 25, 2025, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
25%
GST
Powertrac Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCP4906F1ZI | Gujarat | Active | 29 Apr 2019 |
To see the full GST registrations and return filing status of Powertrac Industries Limited, buy the company report.
Recent activity
Powertrac Industries Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Deepak Ashok Londhe ceased to be Additional Director on 30 Sep 2022.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101157035 was registered on 02 Sep 2025.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101147702 was registered on 04 Aug 2025.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101111495 was registered on 21 Jun 2025.
Charges
A charge with Others amounted to Rs. 0.90 Cr with Charge ID 101087886 was registered on 24 Apr 2025.
Charges
A charge with Others amounted to Rs. 29.89 Cr with Charge ID 101005141 was registered on 27 Oct 2024.
AGM
Powertrac Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Powertrac Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100884058 was registered on 16 Mar 2024.
Charges
A charge with Others of Rs. 15.00 Cr registered on 19 Mar 2022 with Charge ID 100548286 was modified on 03 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100685639 was registered on 23 Jan 2023.
Ceased
Deepak Ashok Londhe ceased to be Additional Director.
Ceased
Kishorsinh Bhikhubha Zala ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Powertrac Industries is an active public limited company based in Surendranagar, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 10 April 2019 (7+ years old) and is registered under CIN U31906GJ2019PLC107571.
Powertrac Industries has 3 current directors:
- Deepak Ashok Londhe - Director
- Artiba Bharatsinh Rana - Director
- Bharatsinh Bhikhobha Rana - Director
The latest financial statements of Powertrac Industries 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 2020 are in the company report.
The GSTIN of Powertrac Industries is 24AAKCP4906F1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Powertrac Industries is U31906GJ2019PLC107571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powertrac Industries has 1 court case on record: 1 filed against it.
Powertrac Industries was incorporated on 10 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Powertrac Industries by revenue are Busch Manufacturing India Private Limited, GT Cargo Fittings India Private Limited, Samco Machinery India Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Deepak Ashok Londhe ceased to be Additional Director on 30 Sep 2022. Kishorsinh Bhikhubha Zala ceased to be Director on 12 Apr 2022. Nilam Kishorsinh Zala ceased to be Director on 12 Apr 2022. Powertrac Industries has 6 board changes on record in total.
Yes, Powertrac Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-23-0001114).
Powertrac Industries can be reached through the website powertracgroup.com. Its registered office is in Surendranagar, Gujarat, India.
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