MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0093583
Southern Power Source Private Limited
Southern Power Source Private Limited - consumer electronics & durables in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2024
₹13.91 Cr
▲ 139% YoY
Net profit · FY 2024
₹8.78 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹11.84 Lakh
EBITDA margin 0.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹4.95 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Southern Power Source Private Limited
Data last updated:
Southern Power Source Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 25 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29190TN2021PTC146484.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Rajagopal Shanker (Whole-Time Director) and Gopalakrishnan (Whole-Time Director).
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 No 1B Kamadhenu Apts 8 Binny Road Poes Garden, Chennai, Tamil Nadu, India – 600086.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.91 Cr, a growth of 139% compared to the previous year. For the same year it recorded a net profit of ₹8.78 Lakh (net margin 0.6%) and EBITDA of ₹11.84 Lakh (EBITDA margin 0.9%).
As per MCA filings, the company has open charges of ₹4.95 Cr on record.
Southern Power Source Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0093583).
Company details
CIN U29190TN2021PTC146484
Registration Number 146484
Incorporation Date 25 September 2021
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-TN-02-0093583
Key People
Rajagopal Shanker Whole-Time Director Gopalakrishnan Whole-Time Director Sivaramakrishnan Aswin Whole-Time Director Recognitions & Rankings of Southern Power Source
Contact details
Southern Power Source Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo 1B Kamadhenu Apts 8 Binny Road Poes Garden, Chennai, Tamil Nadu, India – 600086
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
Comprehensive company report
Southern Power Source 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 Southern Power Source 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 Southern Power Source Private Limited, buy the company report.
Financials of Southern Power Source Private Limited
FY 2025 filings availableSouthern Power Source Private Limited reported revenue of ₹13.91 Cr (up 139% YoY) for FY 2024.
Revenue · FY 2024
₹13.91 Cr ▲ 139%
Net profit · FY 2024
₹8.78 Lakh margin 0.6%
EBITDA · FY 2024
₹11.84 Lakh margin 0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 139%
EBITDA CAGR growth
1 year
▲ 654%
Revenue rose 139% in the latest year. EBITDA rose 654% 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 | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹11.84 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹8.78 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.9% | ||
| Net Profit Margin | 0.6% | ||
| 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 Southern Power Source Private Limited, buy the company report.
Board of directors of Southern Power Source Private Limited
Southern Power Source 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 |
|---|---|---|---|---|
| Rajagopal Shanker | Whole-Time Director | 25 Sep 2021 | 5 Years 1 Months | Current |
| Gopalakrishnan Also directs: Hivesolar Energy Private Limited | Whole-Time Director | 25 Sep 2021 | 5 Years 1 Months | Current |
| Sivaramakrishnan Aswin Also directs: Hivesolar Energy Private Limited | Whole-Time Director | 25 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Southern Power Source Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Ospt Energy Private Limited | ₹13.97 Cr (FY 2024) | 113705.0% | Gurgaon, Haryana, India | |||
| Continental Trans Tech Private Limited | ₹13.96 Cr (FY 2024) | -57.0% | Hyderabad, Telangana, India | |||
| Eminent Solar Power Private Limited | ₹13.94 Cr (FY 2025) | 11.0% | Gurgaon, Haryana, India | |||
| PN Renewable Energy Limited | ₹13.93 Cr (FY 2023) | 8.0% | Ahmedabad, Gujarat, India | |||
| Ruchi Renewable Energy Private Limited | ₹13.92 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| Southern Power Source Private Limitedthis company | ₹13.91 Cr (FY 2024) | ₹8.78 Lakh | 0.6% | 139.0% | Chennai, Tamil Nadu, India | |
| Shree Maruti Green Energy Private Limited | ₹13.88 Cr (FY 2025) | 10229.0% | Ahmedabad, Gujarat, India | |||
| Gajanan Financial Services Pvt Ltd | ₹13.86 Cr (FY 2025) | -54.0% | Hyderabad, Telangana, India | |||
| Jharkhand Urja Utpadan Nigam Limited | ₹13.85 Cr (FY 2015) | 377.0% | Ranchi, Jharkhand, India | |||
| Hinduja Renewables Private Limited | ₹13.83 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Upc Solar India Private Limited | ₹13.79 Cr (FY 2025) | -57.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Southern Power Source Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.95 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2025 | 101198978 | State Bank of India | ₹4.95 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Southern Power Source 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 Southern Power Source 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 Southern Power Source Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Southern Power Source Private Limited has 6 board changes on record since 2021: 3 appointments and 3 cessations. The latest: Gopalakrishnan ceased to be Director on 31 Mar 2025.
Charges
A charge with State Bank Of India amounted to Rs. 495.00 Lakh with Charge ID 101198978 was registered on 27 Nov 2025.
AGM
Southern Power Source Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Southern Power Source Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Gopalakrishnan ceased to be Director.
Ceased
Rajagopal Shanker ceased to be Director.
Ceased
Sivaramakrishnan Aswin ceased to be Director.
Appointed
Gopalakrishnan was appointed as Whole-Time Director.
Appointed
Rajagopal Shanker was appointed as Whole-Time Director.
Appointed
Sivaramakrishnan Aswin was appointed as Whole-Time Director.
Incorporation
25 Sep 2021
Southern Power Source Private Limited was registered on 25 Sep 2021 with Roc Chennai & aged 5 years 1 month as per MCA records.
Frequently asked questions
Southern Power Source is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 25 September 2021 (5+ years old) and is registered under CIN U29190TN2021PTC146484.
Southern Power Source has 3 current directors:
- Rajagopal Shanker - Whole-Time Director
- Gopalakrishnan - Whole-Time Director
- Sivaramakrishnan Aswin - Whole-Time Director
The latest financial statements of Southern Power Source on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Southern Power Source is U29190TN2021PTC146484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Southern Power Source was incorporated on 25 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Southern Power Source by revenue are Ospt Energy Private Limited, Continental Trans Tech Private Limited, Eminent Solar Power Private Limited, PN Renewable Energy Limited, Ruchi Renewable Energy Private Limited and 5 more, all in the same principal business activity (electric power generation, transmission and distribution).
Gopalakrishnan ceased to be Director on 31 Mar 2025. Rajagopal Shanker ceased to be Director on 31 Mar 2025. Sivaramakrishnan Aswin ceased to be Director on 31 Mar 2025. Southern Power Source has 6 board changes on record in total.
Yes, Southern Power Source is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0093583).
The registered office of Southern Power Source is at No 1B Kamadhenu Apts 8 Binny Road Poes Garden, Chennai, Tamil Nadu, India – 600086.
Southern Power Source operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Southern Power Source has open charges of ₹4.95 Cr and no satisfied charges on record as per latest MCA filings.
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