Startup India Government of India
Powmet Technologies Private Limited
Powmet Technologies Private Limited - metal & minerals in Ahmednagar, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹19,200
▼ 99% YoY
Net loss · FY 2024
₹10,599
Net margin -55.2%
EBITDA · FY 2024
-₹10,000
EBITDA margin -52.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Powmet Technologies Private Limited
Data last updated:
Powmet Technologies Private Limited is a private limited company based in Ahmednagar, Maharashtra, India, recognised as a startup by DPIIT. It operates in the precious and non-ferrous metal segment of the metals and mining sector. It was incorporated on 29 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27200PN2021PTC201363.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹10,000. It is led by directors Rajni Uttam Thorat and Arti Suhas Dhotre.
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 Milkat No. 1643/47 Supa Heights Supa Parner Road, Ahmednagar, Maharashtra, India – 414301.
As per the financials filed for FY 2024, the company reported a revenue of ₹19,200, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹10,599 (net margin -55.2%) and EBITDA of -₹10,000 (EBITDA margin -52.1%).
Powmet Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-01-0025009).
Company details
CIN U27200PN2021PTC201363
Registration Number 201363
Incorporation Date 29 May 2021
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-01-0025009
Recognitions & Rankings of Powmet Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-01-0025009
Contact details
Powmet Technologies Private Limited's registered office is in Ahmednagar, Maharashtra.
- Registered AddressMilkat No. 1643/47 Supa Heights Supa Parner Road, Ahmednagar, Maharashtra, India – 414301
- IndustryMetal & Minerals, Precious And Non-Ferrous Metal, Manufacturing
Comprehensive company report
Powmet Technologies Private 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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Business activity
The main business activity of Powmet Technologies 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 Powmet Technologies Private Limited, buy the company report.
Financials of Powmet Technologies Private Limited
FY 2024 filings availablePowmet Technologies Private Limited reported revenue of ₹19,200 (down 99% YoY) for FY 2024.
Revenue · FY 2024
₹19,200 ▼ 99%
Net loss · FY 2024
₹10,599 margin -55.2%
EBITDA · FY 2024
-₹10,000 margin -52.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 99%
EBITDA CAGR growth
1 year
▲ 94%
Revenue fell 99% in the latest year. EBITDA rose 94% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
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| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹10,000 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹10,599 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -52.1% | ||
| Net Profit Margin | -55.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Asset Turnover | |||
| Receivable Days | |||
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| Inventory Days | |||
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| Net Profit Growth | |||
To see the full financial statements and ratios of Powmet Technologies Private Limited, buy the company report.
Board of directors of Powmet Technologies Private Limited
Powmet Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajni Uttam Thorat | Director | 29 May 2021 | 5 Years 4 Months | Current |
| Arti Suhas Dhotre Also directs: Novamet Corporation Private Limited | Director | 29 May 2021 | 5 Years 4 Months | Current |
Peer comparison
Powmet Technologies Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Ecowheels Cab Services Private Limited | ₹19,446 (FY 2023) | Kolkata, West Bengal, India | ||||
| Debikot Micro Service Foundation | ₹19,435 (FY 2024) | Banshihari, West Bengal, India | ||||
| 3D Housekeeping and Securities Private Limited | ₹19,408 (FY 2019) | Gurgaon, Haryana, India | ||||
| Inbockz Hypertraders Private Limited | ₹19,406 (FY 2021) | -45.0% | Chennai, Tamil Nadu, India | |||
| Saif Impex Private Limited | ₹19,201 (FY 2024) | -8.0% | Kolkata, West Bengal, India | |||
| Powmet Technologies Private Limitedthis company | ₹19,200 (FY 2024) | -₹10,599 | -55.2% | -99.0% | Ahmednagar, Maharashtra, India | |
| D.J. Human Support Facility Services Private Limited | ₹19,198 (FY 2025) | New Delhi, Delhi, India | ||||
| Travel Ready Private Limited | ₹19,144 (FY 2022) | New Delhi, Delhi, India | ||||
| Cygnoid Technologies Private Limited | ₹19,118 (FY 2025) | -5.0% | Navi Mumbai, Maharashtra, India | |||
| Netit Solutions Private Limited | ₹19,066 (FY 2017) | -99.0% | Kolkata, West Bengal, India | |||
| Jubilation Business Services Private Limited | ₹19,000 (FY 2024) | -89.0% | Gram, Sahid Path, Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Powmet Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Powmet Technologies 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 Powmet Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Powmet Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Powmet Technologies Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Arti Janardhan Moundekar ceased to be Director on 24 Jan 2023.
AGM
Powmet Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Powmet Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Arti Janardhan Moundekar ceased to be Director.
Appointed
Arti Suhas Dhotre was appointed as Director.
Appointed
Rajni Uttam Thorat was appointed as Director.
Incorporation
29 May 2021
Powmet Technologies Private Limited was registered on 29 May 2021 with Roc Pune & aged 5 years 4 months as per MCA records.
Frequently asked questions
Powmet Technologies is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in precious and non-ferrous metal, within the metal and minerals industry. It was incorporated on 29 May 2021 (5+ years old) and is registered under CIN U27200PN2021PTC201363.
Powmet Technologies has 2 current directors:
- Rajni Uttam Thorat - Director
- Arti Suhas Dhotre - Director
The latest financial statements of Powmet Technologies 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 2022 are in the company report.
The CIN (Corporate Identification Number) of Powmet Technologies is U27200PN2021PTC201363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powmet Technologies was incorporated on 29 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Powmet Technologies by revenue are Ecowheels Cab Services Private Limited, Debikot Micro Service Foundation, 3D Housekeeping and Securities Private Limited, Inbockz Hypertraders Private Limited, Saif Impex Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Arti Janardhan Moundekar ceased to be Director on 24 Jan 2023. Arti Suhas Dhotre was appointed as Director on 29 May 2021. Rajni Uttam Thorat was appointed as Director on 29 May 2021.
Yes, Powmet Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Powmet Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-01-0025009).
The registered office of Powmet Technologies is at Milkat No. 164347 Supa Heights Supa Parner Road, Ahmednagar, Maharashtra, India – 414301.
Powmet Technologies operates in the metal and minerals industry, in the precious and non-ferrous metal segment.