Znl Bearings Private Limited

Manufacturer and exporter of various types of bearings, exporting to 45 countries.

1996 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

Znl Bearings Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.10 Cr
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.00 Cr
  • Satisfied Charges ₹ 93.49 Cr
  • Revenue Growth -28.00%
  • Profit Growth -37.86%
  • Ebitda -28.36%
  • Net Worth -16.02%
  • Total Assets -21.68%

About Znl Bearings

Znl Bearings Private Limited (ZBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 August 1996 and has a history of 28 years and five months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Precision Bearings Private Limited. The Company is engaged in the Machinery And Equipment 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 4.00 Cr and a paid-up capital of Rs 3.10 Cr.

The company currently has active open charges totaling ₹23.00 Cr. The company has closed loans amounting to ₹93.49 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinay Shah, Utpal Parikh, Danesh Shah, and Four other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    znlbearings.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29120GJ1996PTC030534

  • Company No.

    030534

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Aug 1996

  • Date of AGM

    06 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Znl Bearings Private Limited offer?

Znl Bearings Private Limited offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Thrust Bearings, Ball Bearings, Roller Bearings, Cylindrical Roller Bearing, Angular Contact Ball Bearing, Deep Groove Ball Bearings, Thrust Ball Bearing, Industrial Bearings, Self Aligning Ball Bearing.

Who are the key members and board of directors at Znl Bearings?

Executive Team (1)

Name Designation Appointment Date Status
Danesh Shah Country flag representing In Managing Director 22-Aug-1996 Current

Board Members (6)

Name Designation Appointment Date Status
Bhagyesh Shah Country flag representing In Director 22-Aug-1996 Current
Vinay Shah Country flag representing In Director 01-Nov-2003 Current
Utpal Parikh Country flag representing In Director 19-Dec-2002 Current
Sukesh Shah Country flag representing In Director 22-Aug-1996 Current
Dhiren Shah Country flag representing In Director 22-Aug-1996 Current
Dhrumil Shah Country flag representing In Director 11-Feb-2012 Current

Financial Performance of Znl Bearings.

Znl Bearings Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28% decrease. The company also saw a substantial fall in profitability, with a 37.86% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.02%.

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
-28.00%
Revenue from Operations
-27.63%
Total Assets
-21.68%
Profit or Loss
-37.86%
Net Worth
-16.02%
EBITDA
-28.36%

What is the Ownership and Shareholding Structure of Znl Bearings?

In 2023, Znl Bearings had a promoter holding of 99.73% and a public holding of 0.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.00 Cr

Satisfied Charges

₹93.49 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 20.00 Cr
  • Axis Bank Limited : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
04 Sep 2023 Citi Bank N.A. ₹5.00 Cr Open
10 Mar 2021 Axis Bank Limited ₹3.00 Cr Open
29 Jun 2012 Citi Bank N.A. ₹15.00 Cr Open
26 Mar 2019 Axis Bank Limited ₹5.00 Cr Satisfied
21 Mar 2017 Axis Bank Limited ₹5.00 Cr Satisfied

How Many Employees Work at Znl Bearings?

Znl Bearings has a workforce of 87 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Znl Bearings, 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 Znl Bearings'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 Znl Bearings

Recent activity within the organization

  • Annual General Meeting

    Znl Bearings Private Limited last Annual general meeting of members was held on 06 Aug 2024 as per latest MCA records.

    06 Aug 2024

  • Balance Sheet

    Znl Bearings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 5.00 Cr with Charge ID 100796469 was registered on 04 Sep 2023.

    04 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100467384 was registered on 10 Mar 2021.

    10 Mar 2021

  • Charges

    A charge registered on 26 Mar 2019 via Charge ID 100259307 with Axis Bank Limited was fully satisfied on 30 Dec 2020.

    30 Dec 2020

  • Charges

    A charge registered on 17 Mar 2005 via Charge ID 90101085 with Export-Import Bank Of India was fully satisfied on 30 Nov 2019.

    30 Nov 2019

Frequently asked questions

  • Znl Bearings Private Limited was incorporated on 22 Aug 1996.

  • The authorized share capital of Znl Bearings Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.10 Cr.

  • Currently 7 directors are associated with Znl Bearings Private Limited.

    • Vinay Nalinkumar Shah
    • Utpal Manojbhai Parikh
    • Danesh Vinodchandra Shah
    • Bhagyesh Vinodchandra Shah
    • Sukesh Vinodchandra Shah
    • Dhiren Vinodchandra Shah
    • Dhrumil Danesh Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Znl Bearings Private Limited is 26 A/B Changodar Indl. Estate Changodar, Tal. Sanand India, Ahmedabad, Gujarat, 382213.

  • The corporate identification number (CIN) of Znl Bearings Private Limited is U29120GJ1996PTC030534 and the company number is 030534 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Znl Bearings Private Limited is https://www.znlbearings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Znl Bearings Private Limited has fallen by -28.00%.

  • As Per 2023 financial reports, 87 employees are currently employed by Znl Bearings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Znl Bearings Private Limited has experienced an downturn of -16.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Znl Bearings Private Limited amount to ₹ 23.00 Cr.

  • The most recent Balance Sheet for Znl Bearings Private Limited was filed with the ROC on 31 Mar 2024.

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