Pinnacle Industries Limited

Designs, develops, and manufactures seating systems and interior products for commercial vehicles.

1996 | Pune, Maharashtra (India) | Active
Last Updated:

Pinnacle Industries Profile

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 4.84 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 113.60 Cr
  • Satisfied Charges ₹ 123.07 Cr
  • Revenue Growth -10.50%
  • Profit Growth 287.24%
  • Ebitda 26.93%
  • Net Worth 7.87%
  • Total Assets 9.97%

About Pinnacle Industries

Pinnacle Industries Limited (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 June 1996 and has a history of 28 years and eight months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Pinnacle Auto Private Limited. The Company is engaged in the Transport And Logistics 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 17.00 Cr and a paid-up capital of Rs 4.84 Cr.

The company currently has active open charges totaling ₹113.60 Cr. The company has closed loans amounting to ₹123.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pinnacle Industries Limited India is Dayanand Sahane as COMPANY SECRETARY. Anant Talaulicar, Sudhir Mehta, Sunanda Mehta, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U50300PN1996PLC100600

  • Company No.

    100600

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jun 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Transport and Logistics
Automotive

What products or services does Pinnacle Industries Limited offer?

Pinnacle Industries Limited offers a wide range of products and services, including Steering Parts & Components, Steering Parts, Hats, Caps and Headwears, Caps, Fuses, Circuit Breakers & Components, Vacuum Circuit Breaker, Living Room Chairs, Armchairs, Beds, Designer Beds.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Dayanand Sahane Country flag representing In Company Secretary08-Jan-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Sudhir Mehta Country flag representing In Director 27-Jun-1996Current
Rashmi Urdhwareshe Country flag representing In Director 22-Nov-2021Current
Anant Talaulicar Country flag representing Us Director 22-Nov-2021Current
Sunanda Mehta Country flag representing In Whole-Time Director 27-Jun-1996Current
Rishabh Mehta Country flag representing In Director 26-Mar-2024Current
Ritika Mehta Country flag representing In Director 25-May-2024Current

Financial Performance of Pinnacle Industries.

Pinnacle Industries Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 10.5% decrease. The company also saw a substantial improvement in profitability, with a 287.24% increase in profit. The company's net worth moved up by a moderate rise of 7.87%.

Pinnacle Industries revenue growth over time
Pinnacle Industries 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
-10.50%
Revenue from Operations
-10.34%
Total Assets
9.97%
Profit or Loss
287.24%
Net Worth
7.87%
EBITDA
26.93%

What is the Ownership and Shareholding Structure of Pinnacle Industries?

In 2022, Pinnacle Industries had a promoter holding of 93.79% and a public holding of 6.21%. The company had 1 Joint Venture and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹113.60 Cr

Satisfied Charges

₹123.07 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 96.34 Cr
  • Others : 6.43 Cr
  • Axis Bank Limited : 4.35 Cr
  • Tata Capital Financial Services Limited : 4.00 Cr
  • Hdfc Bank Limited : 2.48 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jul 2024Hdfc Bank Limited₹3.75 MOpen
31 May 2024Axis Bank Limited₹2.14 CrOpen
27 May 2024Others₹1.54 CrOpen
18 May 2024Hdfc Bank Limited₹1.75 MOpen
20 Mar 2024Others₹1.43 CrOpen

How Many Employees Work at Pinnacle Industries?

Pinnacle Industries has a workforce of 511 employees as of Apr 10, 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 growth trends for Pinnacle Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pinnacle 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 Pinnacle 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 Pinnacle Industries

Recent activity within the organization

  • Annual General Meeting

    Pinnacle Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 04 Jan 2022 via Charge ID 100529788 with Hdfc Bank Limited was fully satisfied on 26 Aug 2024.

  • Charges

    A charge registered on 31 May 2021 via Charge ID 100450966 with Hdfc Bank Limited was fully satisfied on 26 Aug 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.38 Cr with Charge ID 100957383 was registered on 11 Jul 2024.

  • Charges

    A charge registered on 18 Jun 2021 via Charge ID 100454475 with Hdfc Bank Limited was fully satisfied on 10 Jun 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.14 Cr with Charge ID 100934949 was registered on 31 May 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Pinnacle Industries Limited?

    Pinnacle Industries Limited was incorporated on 27 Jun 1996.

  • What is authorized share capital and paid-up capital of Pinnacle Industries Limited?

    The authorized share capital of Pinnacle Industries Limited is ₹ 17.00 Cr and paid-up capital is ₹ 4.84 Cr.

  • Who are the current board members & directors of Pinnacle Industries Limited?

    Currently 9 directors are associated with Pinnacle Industries Limited.

    • Anant Jaivant Talaulicar
    • Sudhir Mehta
    • Sunanda Sudhir Mehta
    • Rishabh Mehta
    • Ritika Mehta
    • Rashmi Hemant Urdhwareshe
    • Arihant Mehta
    • Sachin Deshmukh
    • Dayanand Sunil Sahane

  • What is the registered address of Pinnacle Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pinnacle Industries Limited is 9 Th Floor Panchshil Tech Park 1 Besides Rahul Theater, Shivajinagar India, Pune, Maharashtra, 411005.

  • What is the corporate identification number (CIN) and company number of Pinnacle Industries Limited?

    The corporate identification number (CIN) of Pinnacle Industries Limited is U50300PN1996PLC100600 and the company number is 100600 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pinnacle Industries Limited?

    The Official website of Pinnacle Industries Limited is https://www.pinnacleindustries.com

  • What has been the recent revenue trend for Pinnacle Industries Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Pinnacle Industries Limited has fallen by -10.50%.

  • How many employees does Pinnacle Industries Limited currently have?

    As Per 2021 financial reports, 511 employees are currently employed by Pinnacle Industries Limited.

  • What change has been observed in the net worth of Pinnacle Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Pinnacle Industries Limited has experienced an upsurge of 7.87%.

  • What are the total open charges for Pinnacle Industries Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Pinnacle Industries Limited amount to ₹ 113.60 Cr.

  • When was the last Balance Sheet of Pinnacle Industries Limited filed with the ROC?

    The most recent Balance Sheet for Pinnacle Industries Limited was filed with the ROC on 31 Mar 2024.

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