Powertroniks Solar Private Limited

Manufactures and supplies solar water heaters for industrial and domestic use.

2010 | Thane, Maharashtra (India) | Active
Last Updated: November 16, 2024

Powertroniks Solar Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 15 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.06 Cr
  • Satisfied Charges ₹ 6.25 M
  • Revenue Growth -13.15%
  • Profit Growth -29.19%
  • Ebitda 173.95%
  • Net Worth 48.20%
  • Total Assets 36.18%

About Powertroniks Solar

Powertroniks Solar Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 January 2010 and has a history of 15 years and one month. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 4.00 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹1.06 Cr. The company has closed loans amounting to ₹6.25 M, as per Ministry of Corporate Affairs (MCA) records.

Sheeju Varghese and Reena Varghese serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U40103MH2010PTC198612

  • Company No.

    198612

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jan 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Powertroniks Solar Private Limited offer?

Powertroniks Solar Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Panels, Solar Power Plants, Solar Water Heater Tubes & Accessories, Heater, Thermostat & Heating Devices, Water Heater & Geyser, Solar Water Heater, Solar Pumps.

Who are the key members and board of directors at Powertroniks Solar?

Executive Team (1)

Name Designation Appointment Date Status
Sheeju Varghese Country flag representing In Managing Director 06-Jan-2010 Current

Board Members (1)

Name Designation Appointment Date Status
Reena Varghese Country flag representing In Director 24-Nov-2021 Current

Financial Performance of Powertroniks Solar.

Powertroniks Solar Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.15% decrease. The company also saw a substantial fall in profitability, with a 29.19% decrease in profit. The company's net worth Soared by an impressive increase of 48.2%.

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
-13.15%
Revenue from Operations
7.98%
Total Assets
36.18%
Profit or Loss
-29.19%
Net Worth
48.20%
EBITDA
173.95%

What is the Ownership and Shareholding Structure of Powertroniks Solar?

In 2023, Powertroniks Solar 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

₹10.57 M

Satisfied Charges

₹6.25 M

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 1.05 Cr
  • Others : 0.00 Cr

Latest Charge Details

Date Lender Amount Status
14 Aug 2023 The South Indian Bank Limited ₹0.54 M Open
09 Dec 2021 Others ₹0.03 M Open
28 Jun 2019 The South Indian Bank Limited ₹1.00 Cr Open
27 Jun 2014 Icici Bank Limited ₹6.25 M Satisfied

How Many Employees Work at Powertroniks Solar?

Powertroniks Solar has a workforce of 0 employees as of Apr 04, 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 Powertroniks Solar, 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 Powertroniks Solar'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 Powertroniks Solar

Recent activity within the organization

  • Annual General Meeting

    Powertroniks Solar Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.54 M with Charge ID 100776159 was registered on 14 Aug 2023.

    14 Aug 2023

  • Charges

    A charge with The South Indian Bank Limited of Rs. 10.00 M registered on 28 Jun 2019 with Charge ID 100277842 was modified on 29 Oct 2022.

    29 Oct 2022

  • Charges

    A charge with Others amounted to Rs. 0.03 M with Charge ID 100518302 was registered on 09 Dec 2021.

    09 Dec 2021

  • Director Appointment

    Reena Sheeju Varghese was appointed as a Director was appointed as a Director on 24 Nov 2021 & has been associated with this company since 3 years 2 months .

    24 Nov 2021

Frequently asked questions

  • Powertroniks Solar Private Limited was incorporated on 06 Jan 2010.

  • The authorized share capital of Powertroniks Solar Private Limited is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.

  • Currently 2 directors are associated with Powertroniks Solar Private Limited.

    • Sheeju Varghese
    • Reena Sheeju Varghese
  • As per Ministry of Corporate Affairs (Mca), the registered address of Powertroniks Solar Private Limited is Vrc Niwas Section 29 Shreeram Nagar Vithalwadi, India, Ulhasnagar, Maharashtra, 421004.

  • The corporate identification number (CIN) of Powertroniks Solar Private Limited is U40103MH2010PTC198612 and the company number is 198612 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Powertroniks Solar Private Limited is https://www.powertroniksolar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Powertroniks Solar Private Limited has fallen by -13.15%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Powertroniks Solar Private Limited has experienced an upsurge of 48.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Powertroniks Solar Private Limited amount to ₹ 1.06 Cr.

  • The most recent Balance Sheet for Powertroniks Solar Private Limited was filed with the ROC on 31 Mar 2024.

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