Prime Power Zone Private Limited
About Prime Power Zone Private Limited
Data last updated:
Prime Power Zone Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 23 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40300TN2014PTC094676. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Govindasamy Ramadoss and Radhakrishnan Gopalswamy.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Old No. 21 New No. 26 South Dhandapani Street T Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.62 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹11,093 (net margin -6.8%) and EBITDA of ₹51,982 (EBITDA margin 32.1%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years.
As per MCA filings, the company has open charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prime Power Zone Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOld No. 21 New No. 26 South Dhandapani Street T Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryEnvironment, Solar Energy Solutions, Wind Energy Solutions
To see the full contact details of Prime Power Zone 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 Prime Power Zone 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 Prime Power Zone Private Limited, buy the company report.
Financials of Prime Power Zone Private Limited
FY 2019 filings availablePrime Power Zone Private Limited reported revenue of ₹1.62 Lakh (down 81% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over three years, including a 81% fall in the latest year. EBITDA fell 28% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.62 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹51,982 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11,093 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.1% | ||||
| Net Profit Margin | -6.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Prime Power Zone Private Limited, buy the company report.
Board of directors of Prime Power Zone Private Limited
Prime Power Zone has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govindasamy Ramadoss | Director | 07 Oct 2017 | 9 Years 0 Months | Current |
| Radhakrishnan Gopalswamy | Director | 23 Jan 2014 | 12 Years 9 Months | Current |
| Thirunavukarasu Rajkumar Also directs: I I (Indrainsignia) Electronics Private Limited | Director | 23 Jan 2014 | 12 Years 9 Months | Current |
| Damodaran Saravanan | Director | 23 Jan 2014 | 12 Years 9 Months | Current |
Peer comparison
Prime Power Zone Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Solar Power, Wind 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 |
|---|---|---|---|---|---|---|
| SKM Solar Power Controls Private Limited | ₹1.69 Lakh (FY 2016) | -81.0% | Chennai, Tamil Nadu, India | |||
| Greenko Ap01 Irep Solar 2 Private Limited | ₹1.66 Lakh (FY 2025) | -60.0% | Vijayawada, Andhra Pradesh, India | |||
| Prime Power Zone Private Limitedthis company | ₹1.62 Lakh (FY 2019) | -₹11,093 | -6.8% | -81.0% | Chennai, Tamil Nadu, India | |
| Solenco Solar Park Private Limited | ₹1.61 Lakh (FY 2025) | 9.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Prime Power Zone Private Limited, buy the company report.
Auditor
Prime Power Zone Private Limited is audited by J INNOCENT & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J INNOCENT & CO | FY 2019 | 001146S |
Shareholding
The shareholding of Prime Power Zone Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prime Power Zone Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2016 | 100069599 | Others | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Prime Power Zone 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 Prime Power Zone Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prime Power Zone has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Prime Power Zone Private Limited, buy the company report.
Recent activity
Prime Power Zone Private Limited has 7 board changes on record since 2014: 4 appointments and 3 cessations. The latest: Govindasamy Ramadoss ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Prime Power Zone is an active private limited company based in Chennai, Tamil Nadu, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 23 January 2014 (12+ years old) and is registered under CIN U40300TN2014PTC094676.
Prime Power Zone has 4 current directors:
- Govindasamy Ramadoss - Director
- Radhakrishnan Gopalswamy - Director
- Thirunavukarasu Rajkumar - Director
- Damodaran Saravanan - Director
The latest financial statements of Prime Power Zone on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Prime Power Zone has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Prime Power Zone is U40300TN2014PTC094676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prime Power Zone was incorporated on 23 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Prime Power Zone by revenue are SKM Solar Power Controls Private Limited, Greenko Ap01 Irep Solar 2 Private Limited, Solenco Solar Park Private Limited, all in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Govindasamy Ramadoss ceased to be Additional Director on 29 Sep 2018. Ravichandran Madhavan ceased to be Additional Director on 02 Jul 2018. Srinivasanmk ceased to be Additional Director on 02 Jul 2018. Prime Power Zone has 7 board changes on record in total.
The registered office of Prime Power Zone is at Old No. 21 New No. 26 South Dhandapani Street T Nagar, Chennai, Tamil Nadu, India – 600017.
Prime Power Zone operates in the environment industry, in the solar energy solutions segment.
Prime Power Zone has open charges of ₹10 Lakh and no satisfied charges on record as per latest MCA filings.
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