About H2E POWER SYSTEMS PRIVATE LIMITED
H2E POWER SYSTEMS PRIVATE LIMITED is a Private Limited Company and was incorporated on Sep 26, 2011 in India. It is registered at Registrar of Companies, ROC Pune. Its registered address is 20, Sangam Project Phase II & III, Wellesely Road, Nr. RTO Office, Pune, Maharashtra, India, 411001. Its corporate identification number is (CIN) U40108PN2011PTC140874 and its current status is Active. Its industry classification as per MCA is generation Of Electricity From Other Non-Conventional Sources. It had a team size of 33 employees as on Aug 31, 2025.
H2E POWER SYSTEMS PRIVATE LIMITED's last Annual General Meeting (AGM) was held on Sep 30, 2024 as per records from Ministry of Corporate Affairs (MCA). H2E POWER SYSTEMS PRIVATE LIMITED's authorised share capital is ₹74.8Cr and its paid up capital is ₹73.9Cr. The current board of directors of H2E POWER SYSTEMS PRIVATE LIMITED comprises Amarnath Chakradeo, Michael Ciril Vernekar and 2 more.
H2E POWER SYSTEMS PRIVATE LIMITED generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2025.
Contact Details for H2E POWER SYSTEMS PRIVATE LIMITED
- *****@h2epower.in
- Registered Address
- 20, Sangam Project Phase II & III, Wellesely Road, Nr. RTO Office, Pune, Maharashtra, India, 411001
Brands associated with H2E POWER SYSTEMS PRIVATE LIMITED
Principal Business Activity of H2E POWER SYSTEMS PRIVATE LIMITED
Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply | {yf |
Auditor Details of H2E POWER SYSTEMS PRIVATE LIMITED
Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
Patki and Soman | xdvygjk | oheltjx | rrnbkde |
Documents of H2E POWER SYSTEMS PRIVATE LIMITEDFY 25 Available
Filing Summary
Here is a summary of filing activity and document availability across financial years:
File Type | FY 24-25 | FY 23-24 | FY 22-23 | FY 21-22 | FY 20-21 |
|---|---|---|---|---|---|
Financial Statements | - | - | |||
Annual Returns |
Latest Financials, Share Allotment and Annual Report
The latest filed financial documents, annual reports, and share allotment filings are shown below:
Recent Filings
Below are the most recent filings submitted by the company:
Document Name | Category | Filing Date |
|---|---|---|
Form MSME | Other eForm Documents | Apr 28, 2026 |
Optional attachment(s)- if any | Annual Returns and Balance Sheet eForms | Dec 30, 2025 |
Optional attachment(s)- if any | Annual Returns and Balance Sheet eForms | Dec 30, 2025 |
Optional attachment(s)- if any | Annual Returns and Balance Sheet eForms | Dec 30, 2025 |
List of share holders, debenture holders; | Annual Returns and Balance Sheet eForms | Dec 30, 2025 |
Form MGT-7 | Annual Returns and Balance Sheet eForms | Dec 30, 2025 |
Form MGT-7 | Annual Returns and Balance Sheet eForms | Dec 30, 2025 |
Photograph of the registered office of the Company showing external building and name prominently visible | Annual Returns and Balance Sheet eForms | Dec 30, 2025 |
Form AOC-4(XBRL) | Annual Returns and Balance Sheet eForms | Dec 29, 2025 |
Form MGT-14 | Other eForm Documents | Dec 15, 2025 |
Financials of H2E POWER SYSTEMS PRIVATE LIMITEDFY 25 Available
Financial Statement Summary
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 1329 | 6548 | 9905 | 1717 | 1507 |
Total Sales | 1666 | 6069 | 9359 | 1473 | 7189 |
Total Expenses | 9165 | 9668 | 5857 | 5513 | 6531 |
Operating Expenses | 3234 | 6692 | 8232 | 2519 | 4900 |
Employee Expenses | 4413 | 6544 | 3303 | 3200 | 1268 |
Operating Income (EBIT) | 9957 | 4617 | 7968 | 6402 | 9241 |
Interest Expenses | 2220 | 8431 | 8121 | 4664 | 6723 |
Expenses from other activities | 2393 | 5468 | 4057 | 2510 | 8999 |
EBITDA | 7880 | 9099 | 6456 | 1784 | 5919 |
Taxes | 9298 | 8760 | 5291 | 2651 | 6695 |
Net Profit | 9311 | 3564 | 4495 | 2780 | 5332 |
Balance Sheet | |||||
Assets | 2335 | 5811 | 8260 | 7428 | 8102 |
Cash Equivalent | 8893 | 1438 | 3300 | 7621 | 7077 |
Accounts Receivables | 9345 | 6016 | 4978 | 2443 | 2762 |
Inventory | 8305 | 9496 | 1507 | 6664 | 4909 |
Liabilities | 5290 | 6110 | 7318 | 1664 | 6470 |
Total Debt | 7790 | 9868 | 2654 | 5086 | 2241 |
Accounts Payable | 8313 | 3438 | 9684 | 2350 | 2602 |
Equities | 3887 | 6492 | 4450 | 1127 | 7144 |
Cashflow Statement | |||||
Cash from Operating activities | 9464 | 3524 | 2598 | 6931 | 8952 |
Cash from Investing activities | 4898 | 5962 | 4869 | 6987 | 3338 |
Net cash from Financing activities | 5838 | 4513 | 7562 | 9772 | 9700 |
Ratios
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
Profitability Ratios | |||||
EBITDA Margin | 6006 | 9519 | 6645 | 2168 | 4704 |
EBIT Margin | 2052 | 5464 | 8382 | 8741 | 2703 |
Net Profit Margin | 7886 | 3837 | 4511 | 6759 | 5199 |
Return on Assets (ROA) | 8178 | 3828 | 9025 | 4226 | 5464 |
Return on Equity (ROE) | 4559 | 8370 | 2276 | 1492 | 5220 |
Return on Capital Employed | 5951 | 4794 | 4545 | 2876 | 7526 |
Return on Invested Capital | 8909 | 4629 | 2215 | 6523 | 1811 |
Efficiency Ratios | |||||
Asset Turnover | 7674 | 5122 | 2274 | 1983 | 4247 |
Receivables Turnover | 2509 | 2115 | 8127 | 1730 | 1512 |
Days Sales Outstanding | 6801 | 5486 | 3045 | 3277 | 4753 |
Inventory Turnover | 2241 | 7148 | 6262 | 2752 | 3714 |
Days Inventory Outstanding | 5701 | 7886 | 4564 | 3369 | 3029 |
Payables Turnover | 2522 | 4134 | 1206 | 5894 | 6827 |
Days Payables Outstanding | 4265 | 7629 | 4982 | 5461 | 9861 |
Liquidity Ratios | |||||
Current Ratio | 2011 | 9438 | 1769 | 4397 | 1865 |
Quick Ratio | 7713 | 6885 | 8273 | 2554 | 9454 |
Cash Ratio | 7118 | 8940 | 9621 | 2423 | 4581 |
Coverage Ratios | |||||
Cash Flow Coverage Ratio | 1056 | 8789 | 2151 | 6446 | 2927 |
Debt Ratios | |||||
Debt-to-Equity Ratio | 9477 | 5083 | 9322 | 2082 | 1770 |
Debt Ratio | 6967 | 5472 | 9707 | 7052 | 4744 |
Net Debt | 3245 | 4570 | 3703 | 3590 | 5504 |
Interest Coverage Ratio | 8506 | 8967 | 4039 | 5139 | 8737 |
Debt Service Coverage Ratio | 1077 | 7617 | 1859 | 5507 | 8460 |
Net Debt/EBITDA | 2316 | 6300 | 6635 | 3278 | 6735 |
Solvency Ratios | |||||
Runway (in months) | 6335 | 9717 | 2410 | 4081 | 3068 |
Growth Ratios | |||||
Revenue Growth Rate (CAGR) | 8888 | 6366 | 3735 | 8796 | 3835 |
Earnings Growth Rate (CAGR) | 1541 | 3545 | 9437 | 8916 | 6461 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Compounded Annual Growth Rate of H2E POWER SYSTEMS PRIVATE LIMITED
Revenue CAGR | Growth |
|---|---|
1 Year | -26% |
3 Year | 659 |
5 Year | 934 |
EBITDA CAGR | Growth |
|---|---|
1 Year | -604% |
3 Year | 926 |
5 Year | 470 |
MSME Payment Delays by H2E POWER SYSTEMS PRIVATE LIMITED
Supplier Name | Supplier PAN | Amount Due | Due since |
|---|---|---|---|
Athena
Instrume
nts Pvt
Ltd | 5987 | 8940 | 1287 |
Kimaya
Automati
on
Private
Limited | 8635 | 4832 | 8064 |
Loans and Charges on H2E POWER SYSTEMS PRIVATE LIMITED
As a Borrower
Loan/ Charge ID | Lender Name | Loan Amount | Status | Creation Date | Closure Date |
|---|---|---|---|---|---|
100884862 | - | ₹75L | zfvievy | Feb 26, 2024 | hejb{ed |
100736960 | - | ₹25L | r{jsfch | Jun 07, 2023 | cjimchp |
100703735 | - | ₹65L | a{tnvxi | Mar 23, 2023 | u{nxria |
100485898 | - | ₹4.5Cr | teiactn | Sep 13, 2021 | ny{{lqw |
Credit Ratings of H2E POWER SYSTEMS PRIVATE LIMITED
GSTIN Details of H2E POWER SYSTEMS PRIVATE LIMITED
Board of Directors and Signatories of H2E POWER SYSTEMS PRIVATE LIMITED
Board of Directors of H2E POWER SYSTEMS PRIVATE LIMITED
Name | Designation | Status | Appointment Date | Duration |
|---|---|---|---|---|
Whole-time Director | Current | Sep 01, 2016 | 9 Years 10 Months | |
Director | Current | Dec 20, 2019 | 6 Years 7 Months | |
Director | Current | Dec 20, 2019 | 6 Years 7 Months | |
Additional Director | Current | Feb 02, 2026 | 5 Months |
Signatories of H2E POWER SYSTEMS PRIVATE LIMITED
Name | Designation(s) | Status | Appointment Date | Duration |
|---|---|---|---|---|
Managing Director | Current | Sep 01, 2016 | 9 Years 10 Months | |
Whole-time Director | Current | Sep 30, 2016 | 9 Years 9 Months | |
Director | Current | Dec 31, 2020 | 5 Years 6 Months | |
Director | Current | Dec 31, 2020 | 5 Years 6 Months | |
Director | Current | Dec 31, 2020 | 5 Years 6 Months |
Cross Directorships of H2E POWER SYSTEMS PRIVATE LIMITED
Legal Entity Name | % of Common Directors | Common Director(s) | Open Charge(s) | Active Legal Case(s) |
|---|---|---|---|---|
Poonawalla Finance Private Limited CIN: U65100MH1985PTC035067, India, Active | 754 | 115 | 739 | 627 |
DHARMATIC ENTERTAINMENT PRIVATE LIMITED CIN: U22300MH2018PTC311182, India, Amalgamated | 361 | 489 | 165 | 114 |
SEZ BIOTECH SERVICES PRIVATE LIMITED CIN: U74999PN2006PTC021820, India, Active | 692 | 727 | 960 | 932 |
CHANDA INVESTMENT AND TRADING COMPANY PRIVATE LIMITED CIN: U93000MH1974PTC017705, India, Active | 120 | 824 | 344 | 523 |
SERUM LIFECARE FOUNDATION CIN: U86909PN2023NPL218344, India, Active | 296 | 303 | 687 | 998 |
PHINITY DEVELOPERS PRIVATE LIMITED CIN: U70100PN2017PTC171794, India, Active | 739 | 764 | 262 | 123 |
POONAWALLA CREDIT PRIVATE LIMITED CIN: U65993PN1993PTC070591, India, Active | 930 | 941 | 250 | 511 |
SAUVINA CONSTRUCTIONS AND STUD PRIVATE LIMITED CIN: U70101PN2003PTC018014, India, Active | 242 | 146 | 297 | 231 |
RISING SUN HOLDINGS PVT LTD CIN: U67110PN1993PTC070989, India, Active | 293 | 980 | 817 | 573 |
SERUM INSTITUTE VACCINES PRIVATE LIMITED CIN: U24100PN2021PTC200477, India, Active | 780 | 951 | 302 | 156 |
AMRON REALTORS PRIVATE LIMITED CIN: U70102PN2005PTC021143, India, Active | 525 | 174 | 757 | 235 |
PHINITY CREATIVE PRIVATE LIMITED CIN: U70200PN2024PTC235422, India, Active | 296 | 467 | 104 | 864 |
POONAWALLA SPORTS AND FITNESS PRIVATE LIMITED CIN: U93110PN2025PTC237249, India, Active | 829 | 181 | 603 | 604 |
CUSTOS TRUSTEES PRIVATE LIMITED CIN: U74999PN2022PTC207854, India, Active | 373 | 759 | 414 | 201 |
POORNATAH TRUSTEESHIP PRIVATE LIMITED CIN: U74999PN2022PTC207847, India, Active | 674 | 706 | 127 | 877 |
Legal Cases involving H2E POWER SYSTEMS PRIVATE LIMITED
Employee Count of H2E POWER SYSTEMS PRIVATE LIMITED
Date | Employee Count |
|---|---|
Aug 25 | 33 |
Jul 25 | 170 |
Jun 25 | 951 |
May 25 | 357 |
Apr 25 | 205 |
Mar 25 | 836 |
Feb 25 | 487 |
Trademarks of H2E POWER SYSTEMS PRIVATE LIMITED
Patents of H2E POWER SYSTEMS PRIVATE LIMITED
Competitors & Alternates of H2E POWER SYSTEMS PRIVATE LIMITED
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Bloom Energy 2001, San Jose (United States), Public | Provider of solid oxide fuel cell technology | $973M | 72/100 | |
2nd | FuelCell Energy 1969, United States, Public | Manufacturer of fuel cell systems for power generation and emissions management | - | 64/100 | |
3rd | Manufacturer of solid oxide fuel cells and hydrogen production components | $103M | 59/100 | ||
4th | Dynelectro 2018, Copenhagen (Denmark), Series A | Designer and manufacture Dynamic Electrolyser Units which produce green hydrogen for carbon-neutral eFuels | $16.7M | 58/100 | |
5th | Watt Fuel Cell 2010, Pittsburgh (United States), Series C | Develops and manufactures solid oxide fuel cell systems | $174M | 56/100 | |
6th | Nexceris 1994, Lewis Center (United States), Funding Raised | Developer of fuel cell components | - | 49/100 | |
7th | ![]() Ceres 2001, Horsham (United Kingdom), Public | Developer of solid oxide fuel cell and hydrogen electrolyser technology | - | 47/100 | |
8th | Upstart Power 2017, Boston (United States), Series D | Offering solutions for solid oxide fuel generators | $63.2M | 44/100 | |
9th | Provider of fuel cell technology solutions | $47M | 42/100 | ||
10th | Manufacturer of solid oxide fuel cell and electrolyzer power systems | $200K | 40/100 |
