Powerica Limited

Manufacturer of diesel and gas generators, power distribution systems, and wind farms for various clients.

1984 | Mumbai, Maharashtra (India) | Active
Last Updated:

Powerica Profile

Key Indicators

  • Authorised Capital ₹ 45.01 Cr
  • Paid Up Capital ₹ 23.53 Cr
  • Company Age 40 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,000.39 Cr
  • Satisfied Charges ₹ 1,524.20 Cr
  • Revenue Growth 57.55%
  • Profit Growth 324.50%
  • Ebitda 80.36%
  • Net Worth 4.35%
  • Total Assets -0.92%

About Powerica

Powerica Limited (PL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 May 1984 and has a history of 40 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

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.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Environment
Energy and Power

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.

Company report

Powerica Limited

Explore comprehensive data for Powerica Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Powerica?

Executive Team (3)

NameDesignationAppointment DateStatus
Naresh Chander Country flag representing In Managing Director04-May-1984Current
Manish Agarwal CFO01-Sep-2022Current
Anita Renuse Country flag representing In Company Secretary01-Sep-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Pradeep Gupta Country flag representing In Whole-Time Director 02-Sep-2016Current
Bharat Oberoi Country flag representing In Whole-Time Director 01-Nov-2008Current
Maheswar Sahu Country flag representing In Director 24-May-2018Current
Renu Oberoi Country flag representing In Whole-Time Director 20-Mar-2017Current
Sunil Lobo Country flag representing In Director 23-Jul-2024Current
Udaya Jena Country flag representing In Director 24-Jun-2022Current

Financial Performance 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%.

Powerica revenue growth over time
Powerica 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
57.55%
Revenue from Operations
58.40%
Total Assets
-0.92%
Profit or Loss
324.50%
Net Worth
4.35%
EBITDA
80.36%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,000.39 Cr

Satisfied Charges

₹1,524.20 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 495.00 Cr
  • Hdfc Bank Limited : 225.00 Cr
  • Standard Chartered Bank : 150.20 Cr
  • Others : 130.05 Cr
  • Citi Bank N.A. : 0.10 Cr
  • Others : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
20 Sep 2024Axis Bank Limited₹270.00 CrOpen
15 Jul 2024Standard Chartered Bank₹40.00 CrOpen
04 Dec 2023Standard Chartered Bank₹30.00 CrOpen
02 Jul 2021Axis Bank Limited₹225.00 CrOpen
11 May 2020Hdfc Bank Limited₹225.00 CrOpen

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.

Employee growth trends for Powerica Limited

Deals i

Graph showing company valuation over time

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

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 Powerica

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 270.00 Cr with Charge ID 100984093 was registered on 20 Sep 2024.

  • Charges

    A charge with Standard Chartered Bank of Rs. 35.20 Cr registered on 14 May 2019 with Charge ID 100261983 was modified on 05 Sep 2024.

  • Annual General Meeting

    Powerica Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

  • Director Appointment

    Sunil Godwin Lobo was appointed as a Director was appointed as a Director on 23 Jul 2024 & has been associated with this company since 8 months 21 days .

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 40.00 Cr with Charge ID 100950558 was registered on 15 Jul 2024.

  • Balance Sheet

    Powerica Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

Frequently asked questions

  • What is the Incorporation or founding date of Powerica Limited?

    Powerica Limited was incorporated on 04 May 1984.

  • What is authorized share capital and paid-up capital of Powerica Limited?

    The authorized share capital of Powerica Limited is ₹ 45.01 Cr and paid-up capital is ₹ 23.53 Cr.

  • Who are the current board members & directors of Powerica Limited?

    Currently 9 directors are associated with Powerica Limited.

    • Naresh Oberoi Chander
    • Pradeep Omprakash Gupta
    • Maheswar Sahu
    • Bharat Naresh Oberoi
    • Renu Naresh Oberoi
    • Sunil Godwin Lobo
    • Udaya Shankar Jena
    • Manish Trilokchand Agarwal
    • Anita Praful Renuse

  • What is the registered address of Powerica Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Powerica Limited is 9Th Floor Bakhtawar Nariman Point, India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Powerica Limited?

    The corporate identification number (CIN) of Powerica Limited is U31100MH1984PLC032825 and the company number is 032825 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Powerica Limited?

    The Official website of Powerica Limited is https://www.powericaltd.com

  • What has been the recent revenue trend for Powerica Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Powerica Limited has risen by 57.55%.

  • How many employees does Powerica Limited currently have?

    As Per 2023 financial reports, 793 employees are currently employed by Powerica Limited.

  • What change has been observed in the net worth of Powerica Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Powerica Limited has experienced an upsurge of 4.35%.

  • What are the total open charges for Powerica Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Powerica Limited amount to ₹ 1,000.39 Cr.

  • When was the last Balance Sheet of Powerica Limited filed with the ROC?

    The most recent Balance Sheet for Powerica Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Power Equipment Manufacturers