Gala Precision Engineering Limited logo

Gala Precision Engineering Limited

Manufactures various types of springs and offers fastening solutions.
2009 | Thane, Maharashtra (India) | Active

Last Updated:

July 06, 2024
HomeCompanyGala Precision Engineering Limited

Who are the key members and board of directors at Gala Precision Engineering?

Executive Team (3)

NameDesignationAppointment DateStatus
Kirit Gala InManaging Director01-Jun-2009Current
Giridhar SrinivasanCFO22-Dec-2023Current
Pooja Ladha InCompany Secretary09-Oct-2023Current

Board Members(7)

NameDesignationAppointment DateStatus
Neha Gada In Director 22-Dec-2023Current
Rajendra Gogri In Director 28-Aug-2018Current
Balkishan Jalan In Whole-Time Director 01-Nov-2009Current
Snehal Shah Gb Director 23-Dec-2023Current
Varsha Galvankar In Director 22-Dec-2023Current
Sudhir Gosar Director 12-Jan-2024Current

Financial Performance and Corporate Structure Insights of Gala Precision Engineering.

Gala Precision Engineering Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 1.43% decrease. The company also saw a substantial fall in profitability, with a 67.85% decrease in profit. The company's net worth moved up by a moderate rise of 5.81%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-1.43%
Revenue from Operations
-1.23%
Total Assets
7.58%
Profit or Loss
-67.85%
Net Worth
5.81%
EBITDA
-26.06%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹109.33 Cr

₹35.32 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 20 Sep 2023
₹1.99 MOpen

Hdfc Bank Limited

Creation Date: 04 Jul 2023
₹1.16 MOpen

Hdfc Bank Limited

Creation Date: 04 Jul 2023
₹1.17 MOpen

How Many Employees Work at Gala Precision Engineering?

Gala Precision Engineering has a workforce of 282 employees as of Apr 07, 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 Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Gala Precision Engineering

Recent activity within the organization

  • Director Appointment

    Sudhir Tokarshi Gosar was appointed as a Director was appointed as a Director on 12 Jan 2024 & has been associated with this company since 11 months 9 days .

    12 Jan 2024

  • Director Appointment

    Snehal Shah was appointed as a Director was appointed as a Director on 23 Dec 2023 & has been associated with this company since 11 months 29 days .

    23 Dec 2023

  • Director Appointment

    Neha Rajen Gada was appointed as a Director was appointed as a Director on 22 Dec 2023 & has been associated with this company since 11 months 30 days .

    22 Dec 2023

  • Director Appointment

    Giridhar Srinivasan was appointed as a Cfo was appointed as a Cfo on 22 Dec 2023 & has been associated with this company since 11 months 30 days .

    22 Dec 2023

  • Director Appointment

    Varsha Rajaram Galvankar was appointed as a Director was appointed as a Director on 22 Dec 2023 & has been associated with this company since 11 months 30 days .

    22 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 78.97 Cr registered on 01 Dec 2015 with Charge ID 10611004 was modified on 17 Oct 2023.

    17 Oct 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Gala Precision Engineering Limited was incorporated on 23 Feb 2009.

  • The authorized share capital of Gala Precision Engineering Limited is ₹ 18.00 Cr and paid-up capital is ₹ 10.11 Cr.

  • Currently 10 directors are associated with Gala Precision Engineering Limited.

    • Rajendra Vallabhaji Gogri
    • Balkishan Shyamsunder Jalan
    • Neha Rajen Gada
    • Giridhar Srinivasan
    • Kirit Vishanji Gala
    • Snehal Shah
    • Varsha Rajaram Galvankar
    • Sudhir Tokarshi Gosar
    • Satish Dayaldas Kotwani
    • Pooja Ladha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gala Precision Engineering Limited is A-59 Road No. 10 Wagle Industrial Estate, Thane, Maharashtra, India, 400604.

  • The corporate identification number (CIN) of Gala Precision Engineering Limited is U29268MH2009PLC190522 and the company number is 190522 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gala Precision Engineering Limited is https://www.galagroup.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Gala Precision Engineering Limited has fallen by -1.43%.

  • As Per 2020 financial reports, 282 employees are currently employed by Gala Precision Engineering Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Gala Precision Engineering Limited has experienced an upsurge of 5.81%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Gala Precision Engineering Limited amount to ₹ 109.33 Cr.

  • The most recent Balance Sheet for Gala Precision Engineering Limited was filed with the ROC on 31 Mar 2023.

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