Pioneer Power Profile
Key Indicators
- Authorised Capital ₹ 76.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 76.00 Cr
as on 24-10-2024
- Company Age 26 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 51.91 Cr
as on 24-10-2024
- Satisfied Charges ₹ 933.00 Cr
as on 24-10-2024
- Revenue -87.91%
(FY 2023)
- Profit 43.80%
(FY 2023)
- Ebitda 59.50%
(FY 2023)
- Net Worth -8.36%
(FY 2023)
- Total Assets -17.92%
(FY 2023)
About Pioneer Power
The Corporate was formerly known as Arkay Energy Limited. The Company is engaged in the Infrastructure And Utilities Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 76.00 Cr and a paid-up capital of Rs 76.00 Cr.
The company currently has active open charges totaling ₹51.91 Cr. The company has closed loans amounting to ₹933.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Pioneer Power Limited India are Yugandhar Gajjala as CFO and Haider Ali as Company Secretary. Sanka Rao, Venugopal Puttamreddy, Vikram Bezawada, and Two other members serve as directors at the Company.
- CIN/LLPIN
U40100TG1998PLC030368
- Company No.
030368
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Oct 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Pioneer Power?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Yugandhar Gajjala | CFO | 16-Mar-2015 | Current |
Haider Ali  | Company Secretary | 01-Jun-2017 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanka Rao | Director | 19-May-2006 | Current |
| Venugopal Puttamreddy | Director | 05-Sep-2002 | Current |
| Vikram Bezawada | Director | 24-Oct-2008 | Current |
| Mohan Duggisetty | Director | 30-Nov-2020 | Current |
| Manikanth Vasudevan | Director | 23-Apr-2019 | Current |
Financial Performance and Corporate Structure Insights of Pioneer Power.
Pioneer Power Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 87.91% decrease. The company also saw a substantial improvement in profitability, with a 43.8% increase in profit. The company's net worth dipped by a decrease of 8.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Pioneer Power?
In 2023, Pioneer Power had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Trishul Cement Industries India LimitedActive 13 years 11 months
Venugopal Puttamreddy is a mutual person
- P R Enerrgy Holding LimitedActive 18 years 11 months
Venugopal Puttamreddy and Mohan Duggisetty are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 09 Sep 2023 | ₹50.00 Cr | Open |
Wartsha India Ltd. Creation Date: 21 Dec 2001 | ₹1.91 Cr | Open |
Idbi Trusteeship Services Limited Creation Date: 23 Mar 2018 | ₹400.00 Cr | Satisfied |
How Many Employees Work at Pioneer Power?
Pioneer Power has a workforce of 3 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pioneer Power, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Pioneer Power's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
_LIMITED.webp){kind=small}
