Powervac Private Limited
About Powervac Private Limited
Data last updated:
Powervac Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 10 July 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28199GJ2023PTC142797.
The company has an authorised share capital of ₹3.5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Ashokbhai Manilal Panchal and Bhartiben Ashok Panchal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.5 Lakh. For the same year it recorded a net profit of ₹21.36 Lakh (net margin 94.9%) and EBITDA of ₹21.36 Lakh (EBITDA margin 94.9%).
As per MCA filings, the company has open charges of ₹6.65 Cr on record.
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- Registered AddressPlot No 520, Kathawada GIDC Odhav, Ahmedabad, Gujarat, India – 382430
- IndustryPackaging, Industrial Packaging Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Powervac Private Limited
The main business activity of Powervac is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Powervac Private Limited FY 2025 filings available
Powervac Private Limited reported revenue of ₹22.5 Lakh for FY 2024.
Financial Statement Summary of Powervac Private Limited
| Metrics | FY 2023-24 |
|---|---|
| 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 | ₹21.36 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | ₹21.36 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 of Powervac Private Limited
| Metrics | FY 2023-24 |
|---|---|
| Profitability | |
| EBITDA Margin | 94.9% |
| Net Profit Margin | 94.9% |
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Powervac are in the company report.
Financial statements from FY 2024
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Powervac Private Limited
Powervac Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Industrial Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leapworth Technologies Private Limited | ₹23.41 Lakh (FY 2025) | •••• | •••• | -31.0% | •••• | Pune, Maharashtra, India |
| Goel Flexible Packaging Private Limited | ₹23.25 Lakh (FY 2025) | •••• | •••• | -73.0% | •••• | New Delhi, Delhi, India |
| Zippy Packaging Private Limited | ₹22.98 Lakh (FY 2025) | •••• | •••• | •••• | Gurugram, Haryana, India | |
| Alzaib Pioneer Export Pvt Ltd | ₹22.96 Lakh (FY 2016) | •••• | •••• | -53.0% | •••• | Kolkata, West Bengal, India |
| Sun Petpack Jabalpur Private Limited | ₹22.81 Lakh (FY 2021) | •••• | •••• | -96.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Powervac Private Limited this company | ₹22.5 Lakh (FY 2024) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Earthjoy Private Limited | ₹22.47 Lakh (FY 2024) | •••• | •••• | -33.0% | •••• | Kozhikode, Kerala, India |
| SRN Recycling Private Limited | ₹22.34 Lakh (FY 2025) | •••• | •••• | 133.0% | •••• | New Delhi, Delhi, India |
| Wager Hygiene India Private Limited | ₹22.06 Lakh (FY 2024) | •••• | •••• | 329.0% | •••• | Koratty, Kerala, India |
| Renuka Brothers Private Limited | ₹21.66 Lakh (FY 2025) | •••• | •••• | 43.0% | •••• | Hyderabad, Telangana, India |
| Malik Products Private Limited | ₹21.49 Lakh (FY 2025) | •••• | •••• | 60.0% | •••• | Kanpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Powervac by revenue in the Packaging industry (Industrial Packaging), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Powervac Private Limited
Powervac has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashokbhai Manilal Panchal | Director | 29 Aug 2023 | 3 Years 1 Months | Current |
| Bhartiben Ashok Panchal | Director | 29 Aug 2023 | 3 Years 1 Months | Current |
| Sandipkumar Ashokbhai Panchal | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Sheetal Sandipkumar Panchal | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Vivek Panchal | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
Charges & Borrowings of Powervac Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2024 | Others | ₹6.65 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Powervac Private Limited
Employment history and EPFO contributions of people linked to Powervac.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Powervac Private Limited
Powervac Private Limited has 8 board changes on record since 2023: 5 appointments and 3 cessations. The latest: Ashokbhai Manilal Panchal ceased to be Additional Director on 23 Oct 2024.
Credit Ratings, Litigation & Regulatory Alerts for Powervac Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Powervac Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Powervac Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Powervac Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Powervac Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Powervac Private Limited
Powervac is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 10 July 2023 (3+ years old) and is registered under CIN U28199GJ2023PTC142797.
Powervac reported revenue of ₹22.5 Lakh for FY 2024.
Powervac has 5 current directors:
- Ashokbhai Manilal Panchal - Director
- Bhartiben Ashok Panchal - Director
- Sandipkumar Ashokbhai Panchal - Director
- Sheetal Sandipkumar Panchal - Director
- Vivek Panchal - Director
Powervac reported a net profit of ₹21.36 Lakh (net margin 94.9%) and EBITDA of ₹21.36 Lakh (EBITDA margin 94.9%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Powervac is U28199GJ2023PTC142797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powervac was incorporated on 10 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Powervac by revenue are Leapworth Technologies Private Limited, Goel Flexible Packaging Private Limited, Zippy Packaging Private Limited, Alzaib Pioneer Export Pvt Ltd, Sun Petpack Jabalpur Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
Ashokbhai Manilal Panchal ceased to be Additional Director on 23 Oct 2024. Bhartiben Ashok Panchal ceased to be Additional Director on 23 Oct 2024. Ashokbhai Manilal Panchal was appointed as Director on 29 Aug 2023. Powervac has 8 board changes on record in total.
The registered office of Powervac is at Plot No 520, Kathawada GIDC Odhav, Ahmedabad, Gujarat, India – 382430.
Powervac has an authorised share capital of ₹3.5 Lakh and a paid-up capital of ₹2.5 Lakh.
Powervac operates in the packaging industry, in the industrial packaging solutions segment.