Powerica Profile
Key Indicators
- Authorised Capital ₹ 45.01 Cr
as on 23-10-2024
- Paid Up Capital ₹ 23.53 Cr
as on 23-10-2024
- Company Age 40 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,000.39 Cr
as on 23-10-2024
- Satisfied Charges ₹ 1,524.20 Cr
as on 23-10-2024
- Revenue 57.55%
(FY 2023)
- Profit 324.50%
(FY 2023)
- Ebitda 80.36%
(FY 2023)
- Net Worth 4.35%
(FY 2023)
- Total Assets -0.92%
(FY 2023)
About Powerica
The Corporate was formerly known as Consolidated Power System P Ltd. The Company is engaged in the Environment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 45.01 Cr and a paid-up capital of Rs 23.53 Cr.
The company currently has active open charges totaling ₹1,000.39 Cr. The company has closed loans amounting to ₹1,524.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Powerica Limited India are Manish Agarwal as CFO and Anita Renuse as Company Secretary. Naresh Chander, Pradeep Gupta, Maheswar Sahu, and Four other members serve as directors at the Company.
- CIN/LLPIN
U31100MH1984PLC032825
- Company No.
032825
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 May 1984
- Date of AGM
12 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Powerica Limited offer?
Powerica Limited offers a wide range of products and services, including Adaptors, Plugs & Sockets, Extension Board, Environment Protection & Auditing, Environmental Consultants, Generators, Turbines & Power Plants, Diesel Engine Generator Set, Diesel Generator, Cummins Diesel Generator & DG set, DG Sets, Generator and Accessories.
Who are the key members and board of directors at Powerica?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Naresh Chander  | Managing Director | 04-May-1984 | Current |
| Manish Agarwal | CFO | 01-Sep-2022 | Current |
| Anita Renuse | Company Secretary | 01-Sep-2022 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pradeep Gupta | Whole-Time Director | 02-Sep-2016 | Current |
| Bharat Oberoi | Whole-Time Director | 01-Nov-2008 | Current |
| Maheswar Sahu | Director | 24-May-2018 | Current |
| Renu Oberoi | Whole-Time Director | 20-Mar-2017 | Current |
| Sunil Lobo | Director | 23-Jul-2024 | Current |
| Udaya Jena | Director | 24-Jun-2022 | Current |
Financial Performance and Corporate Structure Insights of Powerica.
Powerica Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.55% increase. The company also saw a substantial improvement in profitability, with a 324.5% increase in profit. The company's net worth moved up by a moderate rise of 4.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Powerica?
In 2022, Powerica had a promoter holding of 96.58% and a public holding of 3.43%. The company had 9 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 20 Sep 2024 | ₹270.00 Cr | Open |
Standard Chartered Bank Creation Date: 15 Jul 2024 | ₹40.00 Cr | Open |
Standard Chartered Bank Creation Date: 04 Dec 2023 | ₹30.00 Cr | Open |
How Many Employees Work at Powerica?
Powerica has a workforce of 793 employees as of Apr 08, 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 Powerica, 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 Powerica'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.
