Palus Engineering Industries Private Limited

Manufactures and trades various types of castings, established in 1982 in Sangali, Maharashtra.

1982 | Sangli, Maharashtra (India) | Active
Last Updated: January 02, 2025

Palus Engineering Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 42 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.10 Cr
  • Satisfied Charges ₹ 4.15 Cr
  • Revenue Growth 9.80%
  • Profit Growth -42.89%
  • Ebitda 13.51%
  • Net Worth 1.78%
  • Total Assets 18.63%

About Palus Engineering Industries

Palus Engineering Industries Private Limited (PEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 April 1982 and has a history of 42 years and ten months. Its registered office is in Sangli, Maharashtra, India.

The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹8.10 Cr. The company has closed loans amounting to ₹4.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nilesh Yesugade, Mangesh Yesugade, and Jyotsna Yesugade serve as directors at the Company.

Company Details

  • Location

    Sangli, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29300PN1982PTC026880

  • Company No.

    026880

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Apr 1982

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Engineering
Manufacturing

Who are the key members and board of directors at Palus Engineering Industries?

Board Members (3)

Name Designation Appointment Date Status
Nilesh Yesugade Country flag representing In Director 25-Aug-2019 Current
Mangesh Yesugade Country flag representing In Director 11-Dec-2019 Current
Jyotsna Yesugade Country flag representing In Director 22-Dec-2020 Current

Financial Performance of Palus Engineering Industries.

Palus Engineering Industries Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 9.8% increase. The company also saw a substantial fall in profitability, with a 42.89% decrease in profit. The company's net worth moved up by a moderate rise of 1.78%.

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
9.80%
Revenue from Operations
9.44%
Total Assets
18.63%
Profit or Loss
-42.89%
Net Worth
1.78%
EBITDA
13.51%

What is the Ownership and Shareholding Structure of Palus Engineering Industries?

Unlock access to Palus Engineering Industries's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹81.00 M

Satisfied Charges

₹41.50 M

Charges Breakdown by Lending Institutions

  • Others : 8.10 Cr

Latest Charge Details

Date Lender Amount Status
29 Oct 2021 Others ₹3.00 M Open
05 Mar 2021 Others ₹7.80 Cr Open
19 Mar 2020 Others ₹1.75 Cr Satisfied
07 Apr 2015 Palus Sahakari Bank Ltd. ₹5.00 M Satisfied
07 Apr 2015 Palus Sahakari Bank Ltd. ₹8.00 M Satisfied

How Many Employees Work at Palus Engineering Industries?

Unlock and access historical data on people associated with Palus Engineering Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palus Engineering Industries, 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 Palus Engineering Industries'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 Palus Engineering Industries

Recent activity within the organization

  • Annual General Meeting

    Palus Engineering Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Palus Engineering Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 78.00 M registered on 05 Mar 2021 with Charge ID 100427442 was modified on 27 Feb 2023.

    27 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 3.00 M with Charge ID 100506520 was registered on 29 Oct 2021.

    29 Oct 2021

  • Charges

    A charge registered on 19 Mar 2020 via Charge ID 100333317 with Others was fully satisfied on 03 Apr 2021.

    03 Apr 2021

  • Charges

    A charge with Others amounted to Rs. 78.00 M with Charge ID 100427442 was registered on 05 Mar 2021.

    05 Mar 2021

Frequently asked questions

  • Palus Engineering Industries Private Limited was incorporated on 08 Apr 1982.

  • The authorized share capital of Palus Engineering Industries Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Palus Engineering Industries Private Limited.

    • Nilesh Vitthalrao Yesugade
    • Mangesh Vitthalrao Yesugade
    • Jyotsna Vitthalrao Yesugade
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palus Engineering Industries Private Limited is Plot No 86 91 Industrial Estate Palus India, Sangali, Maharashtra, 416310.

  • The corporate identification number (CIN) of Palus Engineering Industries Private Limited is U29300PN1982PTC026880 and the company number is 026880 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Palus Engineering Industries Private Limited has risen by 9.80%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Palus Engineering Industries Private Limited has experienced an upsurge of 1.78%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Palus Engineering Industries Private Limited amount to ₹ 8.10 Cr.

  • The most recent Balance Sheet for Palus Engineering Industries Private Limited was filed with the ROC on 31 Mar 2023.

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