- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-20-0029590

About Vishvas Power Engineering Services Private Limited
Data last updated:
Vishvas Power Engineering Services Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 08 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1996PTC101738. Its GSTIN is 27AAACV5175E1ZB (Maharashtra). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.84 Cr. It is led by directors including Rajeev Madhukar Bhave (Managing Director) and Kiran Prabhakar Joharapurkar.
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 K 5 MIDC Butibori, Nagpur, Maharashtra, India – 441108.
As per the financials filed for FY 2025, the company reported a revenue of ₹167.37 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹17.62 Cr (net margin 10.5%) and EBITDA of ₹30.71 Cr (EBITDA margin 18.3%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 52% over five years.
As per MCA filings, the company has open charges of ₹90.47 Cr and satisfied charges of ₹19.69 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 3 cases are pending.
Vishvas Power Engineering Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0029590). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vishvaspower.com.
Company details
Recognitions & Rankings of Vishvas Power Engineering Services
Contact details
Vishvas Power Engineering Services Private Limited's registered office is in Nagpur, Maharashtra. Its website is vishvaspower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressK 5 MIDC Butibori, Nagpur, Maharashtra, India – 441108
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Vishvas Power Engineering Services 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 activities of Vishvas Power Engineering Services are manufacturing and support service to organizations. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Vishvas Power Engineering Services Private Limited, buy the company report.
Financials of Vishvas Power Engineering Services Private Limited
FY 2025 filings availableVishvas Power Engineering Services Private Limited reported revenue of ₹167.37 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 4% growth in the latest year. EBITDA rose 26% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹30.71 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹17.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.3% | ||||
| Net Profit Margin | 10.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vishvas Power Engineering Services Private Limited, buy the company report.
Board of directors of Vishvas Power Engineering Services Private Limited
Vishvas Power Engineering Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Prabhakar Joharapurkar | Director | 01 Jan 2001 | 25 Years 9 Months | Current |
| Rajeev Madhukar Bhave | Managing Director | 08 Aug 1998 | 28 Years 2 Months | Current |
| Savionsent Vinsent Dmello | Director | 14 Nov 1998 | 27 Years 11 Months | Current |
Peer comparison
Vishvas Power Engineering Services Private Limited is compared with the 7 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Power Engineering (India) Private Limited | ₹171.74 Cr (FY 2025) | -3.0% | Pedne, Goa, India | |||
| Asbesco (India) Pvt Ltd | ₹171.29 Cr (FY 2025) | 47.0% | Kolkata, West Bengal, India | |||
| Nexgenix Solar Manufacturing Private Limited | ₹169.47 Cr (FY 2024) | 795848.0% | Rajkot, Gujarat, India | |||
| Vishvas Power Engineering Services Private Limitedthis company | ₹167.37 Cr (FY 2025) | ₹17.62 Cr | 10.5% | 4.0% | Nagpur, Maharashtra, India | |
| Honeywell Electrical Devices and Systems India Limited | ₹162.63 Cr (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Microtek Himachal Power Products Private Limited | ₹160.63 Cr (FY 2022) | New Delhi, Delhi, India | ||||
| Ge Power Systems India Private Limited | ₹160.42 Cr (FY 2025) | -46.0% | New Delhi, Delhi, India | |||
| Genlite Engineering Private Limited | ₹156.29 Cr (FY 2025) | -59.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Vishvas Power Engineering Services Private Limited, buy the company report.
Auditor
Vishvas Power Engineering Services Private Limited is audited by Anand Pendhari & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anand Pendhari & Associates | FY 2024 | 127774W |
Shareholding
The shareholding of Vishvas Power Engineering Services Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vishvas Power Engineering Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2024 | 100953406 | Canara Bank | ₹41 Lakh | Open | |
| 04 Jun 2024 | 100952671 | Canara Bank | ₹25 Lakh | Open | |
| 04 Jun 2024 | 100975591 | Canara Bank | ₹17.2 Lakh | Open | |
| 04 Jun 2024 | 100975595 | Canara Bank | ₹23.4 Lakh | Open | |
| 04 Jun 2024 | 100975597 | Canara Bank | ₹14.5 Lakh | Open |
To see the full charge records of Vishvas Power Engineering Services Private Limited, buy the company report.
Total charge records: 34 View all charges
Legal cases
Vishvas Power Engineering Services Private Limited has 4 court cases on record: 2 filed by Vishvas Power Engineering Services, 2 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| NCLAT | 2 | 0 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by M/S. Decent Cargo Movers Pvt Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against an individual | Pending |
| District court, Nagpur, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Pending |
To see the full case history of Vishvas Power Engineering Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Vishvas Power Engineering Services Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 35 overdue payments to 35 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 35)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gaurav Industries | |||
| an individual supplier | |||
| V-Bro Tech India Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Vishvas Power Engineering Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Vishvas Power Engineering Services has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV5175E1ZB | Maharashtra | Active | 01 Jul 2017 |
| 27AAACV5175E1DK | Maharashtra | Active | 23 Jan 2025 |
To see the full GST registrations and return filing status of Vishvas Power Engineering Services Private Limited, buy the company report.
Recent activity
Vishvas Power Engineering Services Private Limited has 5 board changes on record since 1998: 3 appointments and 2 cessations. The latest: Shilpa H Joshi ceased to be Additional Director on 10 Mar 2015.
57 earlier events are in the company report.
Frequently asked questions
Vishvas Power Engineering Services is an active private limited company based in Nagpur, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 08 August 1996 (30+ years old) and is registered under CIN U28920MH1996PTC101738.
Vishvas Power Engineering Services has 3 current directors:
- Rajeev Madhukar Bhave - Managing Director
- Kiran Prabhakar Joharapurkar - Director
- Savionsent Vinsent Dmello - Director
The latest financial statements of Vishvas Power Engineering Services 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 2015 are in the company report.
The GSTIN of Vishvas Power Engineering Services is 27AAACV5175E1ZB, registered in Maharashtra. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 27AAACV5175E1DK (Maharashtra).
The CIN (Corporate Identification Number) of Vishvas Power Engineering Services is U28920MH1996PTC101738. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vishvas Power Engineering Services has 4 court cases on record: 2 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Vishvas Power Engineering Services was incorporated on 08 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vishvas Power Engineering Services by revenue are Power Engineering (India) Private Limited, Asbesco (India) Pvt Ltd, Nexgenix Solar Manufacturing Private Limited, Honeywell Electrical Devices and Systems India Limited, Microtek Himachal Power Products Private Limited and 2 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Shilpa H Joshi ceased to be Additional Director on 10 Mar 2015. Rajeev Madhukar Bhave ceased to be Director on 25 Apr 2007. Kiran Prabhakar Joharapurkar was appointed as Director on 01 Jan 2001. Vishvas Power Engineering Services has 5 board changes on record in total.
Yes, Vishvas Power Engineering Services is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-20-0029590).
Vishvas Power Engineering Services has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 35 overdue payments to 35 micro and small suppliers. The latest return was filed on 09 Nov 2021.
Vishvas Power Engineering Services can be reached through the website vishvaspower.com. Its registered office is in Nagpur, Maharashtra, India.