Powertric Electro Engineers P.Ltd.
About Powertric Electro Engineers P.Ltd.
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Powertric Electro Engineers P.Ltd. is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 02 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1994PTC078114. Its GSTIN is 27AACCP2112R2Z8 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors Vellolimadam Gopalkrishnan Vaidyanathan and Vijayalakshmi Vaidyanathan.
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 Sita Kutir Chs A – 202 Veena Nagar 2 Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.28 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹7.83 Lakh (net margin -22.2%) and EBITDA of ₹8,091 (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹90 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Powertric Electro Engineers P.Ltd.'s registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSita Kutir Chs A – 202 Veena Nagar 2 Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Powertric Electro Engineers P.Ltd., 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 Powertric Electro Engineers P is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Powertric Electro Engineers P.Ltd., buy the company report.
Financials of Powertric Electro Engineers P.Ltd.
FY 2024 filings availablePowertric Electro Engineers P.Ltd. reported revenue of ₹35.28 Lakh (down 76% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 76% fall in the latest year. EBITDA fell 100% 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 | ₹8,091 | ||||
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| Net Profit (PAT) | -₹7.83 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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| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | -22.2% | ||||
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To see the full financial statements and ratios of Powertric Electro Engineers P.Ltd., buy the company report.
Board of directors of Powertric Electro Engineers P.Ltd.
Powertric Electro Engineers P has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vellolimadam Gopalkrishnan Vaidyanathan Also directs: Iwin Tech Solutions LLP, Millennium Infra Constructions Private Limited, Ubiq Logistec Private Limited and 3 more | Director | 02 May 1994 | 32 Years 5 Months | Current |
| Vijayalakshmi Vaidyanathan | Director | 10 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Powertric Electro Engineers P.Ltd. is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dakshahastha Services Private Limited | ₹35.4 Lakh (FY 2022) | -78.0% | Chennai, Tamil Nadu, India | |||
| Extrip Immigration Services Private Limited | ₹35.33 Lakh (FY 2022) | Vadodara, Gujarat, India | ||||
| Powertric Electro Engineers P.Ltd.this company | ₹35.28 Lakh (FY 2024) | -₹7.83 Lakh | -22.2% | -76.0% | Mumbai, Maharashtra, India | |
| Sraddha Software Solutions Private Limited | ₹35.22 Lakh (FY 2023) | 485.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Powertric Electro Engineers P.Ltd., buy the company report.
Auditor
Powertric Electro Engineers P.Ltd. is audited by Padmakar Wadyekar & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Padmakar Wadyekar & Co. | FY 2022 | 101459 |
Shareholding
The shareholding of Powertric Electro Engineers P.Ltd. is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Powertric Electro Engineers P.Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2024 | 100988206 | Others | ₹1 Cr | Open | |
| 31 Oct 2018 | 100216191 | Others | ₹50 Lakh | Satisfied | |
| 06 Sep 2017 | 100128940 | Others | ₹30 Lakh | Satisfied | |
| 28 Oct 2003 | 90361315 | Bank of Baroda | ₹10 Lakh | Satisfied |
To see the full charge records of Powertric Electro Engineers P.Ltd., buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Powertric Electro Engineers P.Ltd. 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 Powertric Electro Engineers P.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Powertric Electro Engineers P has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP2112R2Z8 | Maharashtra | Active | 15 Jun 2018 |
To see the full GST registrations and return filing status of Powertric Electro Engineers P.Ltd., buy the company report.
Recent activity
Powertric Electro Engineers P.Ltd. has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Vijayalakshmi Vaidyanathan ceased to be Additional Director on 29 Sep 2018.
3 earlier events are in the company report.
Frequently asked questions
Powertric Electro Engineers P is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 02 May 1994 (32+ years old) and is registered under CIN U99999MH1994PTC078114.
Powertric Electro Engineers P has 2 current directors:
- Vellolimadam Gopalkrishnan Vaidyanathan - Director
- Vijayalakshmi Vaidyanathan - Director
The latest financial statements of Powertric Electro Engineers P 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 Powertric Electro Engineers P is 27AACCP2112R2Z8, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Powertric Electro Engineers P is U99999MH1994PTC078114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powertric Electro Engineers P was incorporated on 02 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Powertric Electro Engineers P by revenue are Dakshahastha Services Private Limited, Extrip Immigration Services Private Limited, Sraddha Software Solutions Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (other support services to organizations).
Vijayalakshmi Vaidyanathan ceased to be Additional Director on 29 Sep 2018. Sivaramakrishnan ceased to be Director on 10 Jul 2017. Vijayalakshmi Vaidyanathan was appointed as Director on 10 Jul 2017. Powertric Electro Engineers P has 4 board changes on record in total.
The registered office of Powertric Electro Engineers P is at Sita Kutir Chs A – 202 Veena Nagar 2 Mulund West, Mumbai, Maharashtra, India – 400080.
Powertric Electro Engineers P operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
Powertric Electro Engineers P has open charges of ₹1 Cr and satisfied charges of ₹90 Lakh as per latest MCA filings.