Promoter holding
64.27%
PL
Powergear Limited - Due diligence report
A 360° intelligence report on Powergear: trust score, financial health, credit view, compliance, directors, growth and distress signals - ge…
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Powergear — 360° Intelligence Report
Generated from MCA filings & public records83/100
Trust Score
Low Risk
Powergear is assessed as Low Risk with a Trust Score of 83/100. Powergear is an active public limited indian non-government company incorporated in 1980, operating in the Energy and Power sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.
Report generated on 09 Jul 2026 from the latest processed filings. Powergear Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
83/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
72/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
75/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 75/100 Low Risk
- Open charges exceed net worth - secured lenders rank ahead.
- Moderate gearing (D/E 38%).
- Working-capital cover adequate.
- Profitable - internal accruals available.
- Externally credit-rated (A3).
Charges position: 3 open (204.46 cr) · 0 satisfied (-).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| State Bank Of India | 1 | 48.0 cr |
| Axis Bank Limited | 2 | 48.0 cr |
Compliance Score: 72/100 Moderate
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 3 court forum(s).
- Delayed payments to MSME suppliers disclosed (23 disclosure(s)).
- 4 active GST registration(s).
Legal cases on record (3)
05
Director Intelligence
Stability score: 90/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| GOVINDARAO SUBBARAO | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| TIRUKKURUNGUDI SESHADRI SRINIVASAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAJESH XAVIER DURAIRAJ | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DURAIRAJ XAVIER | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Sreenivasulu Palle | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 5 directors on the board.
- No disqualified or deactivated DINs.
- 1 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2025 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
1
Capital events
0 allotment(s) · 4 transfer(s)
Promoters hold the largest single block of equity - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Lei Powergear Private Limited | Joint Ventures | 74.00% |
Key managerial personnel: RAJESH XAVIER DURAIRAJ (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 75 · Distress 75
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
EPFO headcount growing - hiring signal.
Operating for 46+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
3 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 1.97 cr.
3 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence76/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment77/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 3 open charge(s) of 204.46 cr already registered.
- Compliance record supports lending.
Investor view80/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events30 Sep 2025
Last AGM held
Annual general meeting
01 Aug 2025
Charge created
Axis Bank Limited - 65.00 cr
31 Mar 2025
Latest balance sheet
Filed with ROC
29 Sep 2023
Director ceased
SRINIVASA VENU UPPULURI
30 Nov 2021
Director ceased
TIRUKKURUNGUDI SESHADRI SRINIVASAN
18 Oct 2021
Charge created
Axis Bank Limited - 70.00 Lakh
03 Feb 2021
Director appointed
TIRUKKURUNGUDI SESHADRI SRINIVASAN (Director)
Director ceased
PUPPALA PANDURANGA JAGANMOHAN RAO
23 Nov 2020
Director ceased
GOVINDARAO SUBBARAO
31 Mar 2019
Share transfer (FY 2019)
50499.00000000 shares to REEP INDUSTRIES PRIVATE LIMITED
31 Mar 2018
Share transfer (FY 2018)
33060.00000000 shares to LIMITED PRIVATE REEP INDUSTRIES
Share transfer (FY 2018)
24084.00000000 shares to LIMITED PRIVATE REEP INDUSTRIES
26 Aug 2016
Director ceased
DURAIRAJ XAVIER
31 Mar 2016
Share transfer (FY 2016)
60587.00000000 shares to DURAIRAJ
28 Feb 2015
Director ceased
HEGDE BANNAANPALLI LAKSHMINARAYANA
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Key Observations
Auto-generated from the data aboveRevenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - manageable leverage.
Net worth is positive.
5 active director(s) / partner(s); board looks stable and experienced.
4 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of A3 from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
4 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| San Engineering & Locomotive | U74210KA1973PLC002424 | Bangalore, Karnataka, India |
| Essae-Teraoka | U85110KA1986PTC007560 | Bangalore, Karnataka, India |
| Panasonic Energy India Company | L31400GJ1972PLC002091 | Vadodara, Gujarat, India |
| Hindusthan Urban Infrastructur | L31300DL1959PLC003141 | New Delhi, Delhi, India |
| Elmex Electric Private Limited | U31100GJ1992PTC018091 | Vadodara, Gujarat, India |
| International Combustion | L36912WB1936PLC008588 | Kolkata, West Bengal, India |
| Wil | L74999MH1908PLC000291 | Mumbai, Maharashtra, India |
| Enarka | U31900KA2011PTC061055 | Bengaluru, Karnataka, India |
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Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Powergear before audits and certifications: compliance score 72/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Powergear: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Favourable lending indicators. Credit risk score 75/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Powergear - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 83/100, distress signals and MSME payment-delay disclosures - know whether Powergear pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Powergear - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Powergear an active company?
Powergear has MCA status “Active” with a compliance score of 72/100 (Moderate).
Is Powergear financially healthy?
Powergear has a Financial Health Score of 85/100 (Low Risk) based on its filed financial statements.
Should I do business with Powergear?
Its overall Trust Score is 83/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Powergear?
Promoters hold the largest single block of equity - exact percentages are in the full report. 5 active director(s) are on record.
Does Powergear have loans or charges against its assets?
3 open charge(s) are registered against its assets.
Is Powergear up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 72/100 (Moderate).
Is it risky to lend to Powergear?
Its Credit Risk Score is 75/100 (Low Risk). Banker verdict: Favourable lending indicators.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
