Power Drives Enterprises (India) Private Limited logo

Power Drives Enterprises (India) Private Limited

Specializes in power transmission and industrial automation solutions for diverse industries.
1996 | Chennai 87, Tamil Nadu (India) | Active

Last Updated:

November 15, 2024
HomeCompanyPower Drives Enterprises (India) Private Limited

Who are the key members and board of directors at Power Drives Enterprises (India)?

Board Members(2)

NameDesignationAppointment DateStatus
Nagarajan Balaji In Director 19-Jun-1996Current
Meenakshi Balaji In Director 14-Jun-2006Current

Financial Performance of Power Drives Enterprises (India).

Power Drives Enterprises (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.47% increase. The company also saw a substantial improvement in profitability, with a 143.93% increase in profit. The company's net worth Soared by an impressive increase of 10.79%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
13.47%
Revenue from Operations
12.16%
Total Assets
18.82%
Profit or Loss
143.93%
Net Worth
10.79%
EBITDA
25.64%

Charges (Loans)

Open Charges Satisfied Charges

₹17.50 M

₹10.00 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 28 Aug 2014
₹1.75 CrOpen

Ing Vysya Bank Limited

Creation Date: 20 Dec 2006
₹1.00 CrSatisfied

How Many Employees Work at Power Drives Enterprises (India)?

Unlock and access historical data on people associated with Power Drives Enterprises (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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Latest Updates, News, and FAQs on Power Drives Enterprises (India)

Recent activity within the organization

  • Annual General Meeting

    Power Drives Enterprises (India) Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Power Drives Enterprises (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 17.50 M registered on 28 Aug 2014 with Charge ID 10522535 was modified on 05 Jul 2023.

    05 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 17.50 M with Charge ID 10522535 was registered on 28 Aug 2014.

    28 Aug 2014

  • Charges

    A charge registered on 20 Dec 2006 via Charge ID 10031692 with Ing Vysya Bank Limited was fully satisfied on 08 Aug 2014.

    08 Aug 2014

  • Charges

    A charge with Ing Vysya Bank Limited of Rs. 10.00 M registered on 20 Dec 2006 with Charge ID 10031692 was modified on 20 Apr 2011.

    20 Apr 2011

Frequently asked questions

  • Power Drives Enterprises (India) Private Limited was incorporated on 19 Jun 1996.

  • The authorized share capital of Power Drives Enterprises (India) Private Limited is ₹ 2.40 M and paid-up capital is ₹ 2.08 M.

  • Currently 2 directors are associated with Power Drives Enterprises (India) Private Limited.

    • Nagarajan Balaji
    • Meenakshi Balaji
  • As per Ministry of Corporate Affairs (Mca), the registered address of Power Drives Enterprises (India) Private Limited is 20/N Chinhamani Vinayagarkoil Street Alwartthirunagar, India, Chennai 87, Tamil Nadu.

  • The corporate identification number (CIN) of Power Drives Enterprises (India) Private Limited is U52599TN1996PTC035807 and the company number is 035807 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Power Drives Enterprises (India) Private Limited is https://www.powerdrives.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Power Drives Enterprises (India) Private Limited has risen by 13.47%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Power Drives Enterprises (India) Private Limited has experienced an upsurge of 10.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Power Drives Enterprises (India) Private Limited amount to ₹ 1.75 Cr.

  • The most recent Balance Sheet for Power Drives Enterprises (India) Private Limited was filed with the ROC on 31 Mar 2024.

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