Power Trac Engineers Private Limited

Provides electrical installations and erection services for various industries and power plants.

1995 | Mylapore,Chennai 600004., Tamil Nadu (India) | Active
Last Updated: July 07, 2024

Power Trac Engineers Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.78 Cr
  • Satisfied Charges ₹ 1.10 Cr
  • Revenue Growth -21.12%
  • Profit Growth -12.80%
  • Ebitda 40.43%
  • Net Worth 1.33%
  • Total Assets 8.57%

About Power Trac Engineers

Power Trac Engineers Private Limited (PTEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 March 1995 and has a history of 29 years and ten months. Its registered office is in Mylapore,Chennai 600004., Tamil Nadu, India.

The Company is engaged in the Energy And Power 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 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹3.78 Cr. The company has closed loans amounting to ₹1.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ganapathy Swaminathan, Srimahesh Krishnaswamy, and Gopalakrishnan Venkatasubramaniam serve as directors at the Company.

Company Details

  • Location

    Mylapore,Chennai 600004., Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209TN1995PTC030748

  • Company No.

    030748

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power

Who are the key members and board of directors at Power Trac Engineers?

Board Members (3)

Name Designation Appointment Date Status
Srimahesh Krishnaswamy Country flag representing In Director 30-Mar-1995 Current
Ganapathy Swaminathan Country flag representing In Director 15-Nov-2000 Current
Gopalakrishnan Venkatasubramaniam Country flag representing In Director 30-Mar-1995 Current

Financial Performance of Power Trac Engineers.

Power Trac Engineers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.12% decrease. The company also saw a substantial fall in profitability, with a 12.8% decrease in profit. The company's net worth moved up by a moderate rise of 1.33%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-21.12%
Revenue from Operations
-21.33%
Total Assets
8.57%
Profit or Loss
-12.80%
Net Worth
1.33%
EBITDA
40.43%

What is the Ownership and Shareholding Structure of Power Trac Engineers?

In 2023, Power Trac Engineers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.80 M

Satisfied Charges

₹11.00 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.78 Cr

Latest Charge Details

Date Lender Amount Status
03 Dec 2002 Canara Bank ₹3.78 Cr Open
25 Feb 2016 The Tamilnadu Industrial Investment Corporation Ltd ₹1.00 Cr Satisfied
28 Nov 2001 Canara Bank ₹1.00 M Satisfied

How Many Employees Work at Power Trac Engineers?

Power Trac Engineers has a workforce of 77 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Power Trac Engineers, 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 Power Trac Engineers's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Power Trac Engineers

Recent activity within the organization

  • Charges

    A charge registered on 28 Nov 2001 via Charge ID 90293947 with Canara Bank was fully satisfied on 29 Jan 2024.

    29 Jan 2024

  • Charges

    A charge with Canara Bank of Rs. 37.80 M registered on 03 Dec 2002 with Charge ID 90294943 was modified on 12 Jan 2024.

    12 Jan 2024

  • Annual General Meeting

    Power Trac Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Power Trac Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 25 Feb 2016 via Charge ID 10623760 with The Tamilnadu Industrial Investment Corporation Ltd was fully satisfied on 27 Oct 2020.

    27 Oct 2020

  • Charges

    A charge with The Tamilnadu Industrial Investment Corporation Ltd amounted to Rs. 10.00 M with Charge ID 10623760 was registered on 25 Feb 2016.

    25 Feb 2016

Frequently asked questions

  • Power Trac Engineers Private Limited was incorporated on 30 Mar 1995.

  • The authorized share capital of Power Trac Engineers Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 3 directors are associated with Power Trac Engineers Private Limited.

    • Ganapathy Swaminathan
    • Srimahesh Krishnaswamy
    • Gopalakrishnan Venkatasubramaniam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Power Trac Engineers Private Limited is 234/189Royapettah High Roadmylapore Chennai 600004. MylaporeChennai 600004., Tamil Nadu, India.

  • The corporate identification number (CIN) of Power Trac Engineers Private Limited is U25209TN1995PTC030748 and the company number is 030748 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Power Trac Engineers Private Limited is https://www.powertrac.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Power Trac Engineers Private Limited has fallen by -21.12%.

  • As Per 2023 financial reports, 77 employees are currently employed by Power Trac Engineers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Power Trac Engineers Private Limited has experienced an upsurge of 1.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Power Trac Engineers Private Limited amount to ₹ 3.78 Cr.

  • The most recent Balance Sheet for Power Trac Engineers Private Limited was filed with the ROC on 31 Mar 2023.