Precision Electronics Limited

Provides military and civil communication equipment and solutions for various industries.

1979 | Delhi (India) | Active
Last Updated:

Precision Electronics Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 13.85 Cr
  • Company Age 46 Year, 22 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 43.83 Cr
  • Satisfied Charges ₹ 18.69 Cr
  • Revenue Growth 31.72%
  • Profit Growth 17892.59%
  • Ebitda 368.34%
  • Net Worth 10.99%
  • Total Assets 16.94%

About Precision Electronics

Precision Electronics Limited (PEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 May 1979 and has a history of 46 years. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 517258.

The Corporate was formerly known as Precision Electronics P Limited. The Company is engaged in the Aerospace, Maritime And Defense 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 20.00 Cr and a paid-up capital of Rs 13.85 Cr.

The company currently has active open charges totaling ₹43.83 Cr. The company has closed loans amounting to ₹18.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Precision Electronics Limited India are Veenita Puri as COMPANY SECRETARY and Agjit Chopra as Cfo. Harbir Banga, Preeti Grover, Ashok Kanodia, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L32104DL1979PLC009590

  • Company No.

    009590

  • Stock Symbol

    BSE : 517258

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 May 1979

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Aerospace, Maritime and Defense

What products or services does Precision Electronics Limited offer?

Precision Electronics Limited offers a wide range of products and services, including Telecom Services, Engg & Maintenance, RF Planning Service, Data Entry & Data Processing Service, Data Digitization, Power Supply Systems, Switch Mode Power Supply, Modems, Wireless Modem, Networking Devices and Equipment, Business Planning and Management.

Company report

Precision Electronics Limited

Explore comprehensive data for Precision Electronics Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Nikhil Kanodia Country flag representing In Managing Director11-Aug-2017Current
Agjit Chopra Country flag representing In CFO12-Aug-2014Current
Veenita Puri Country flag representing In Company Secretary01-Mar-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Harbir Banga Country flag representing In Director 12-Feb-2021Current
Preeti Grover Country flag representing In Director 19-Dec-2019Current
Ashok Kanodia Country flag representing In Whole-Time Director 01-May-1979Current
Dinesh Batra Country flag representing In Director 07-Aug-2024Current
Deepto Roy Country flag representing In Director 27-Sep-2014Current

Financial Performance of Precision Electronics.

Precision Electronics Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 31.72% increase. The company also saw a substantial improvement in profitability, with a 17892.59% increase in profit. The company's net worth Soared by an impressive increase of 10.99%.

Precision Electronics revenue growth over time
Precision Electronics 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
31.72%
Revenue from Operations
33.07%
Total Assets
16.94%
Profit or Loss
17892.59%
Net Worth
10.99%
EBITDA
368.34%

What is the Ownership and Shareholding Structure of Precision Electronics?

In 2024, Precision Electronics had a promoter holding of 50.54% and a public holding of 49.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.83 Cr

Satisfied Charges

₹18.69 Cr

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 23.87 Cr
  • Sidbi : 19.44 Cr
  • Yes Bank Limited : 0.51 Cr

Latest Charge Details

DateLenderAmountStatus
07 Feb 2025Sidbi₹14.44 CrOpen
01 Aug 2024Sidbi₹5.00 CrOpen
28 May 2024Yes Bank Limited₹5.11 MOpen
21 May 2024The South Indian Bank Limited₹1.75 CrOpen
15 Mar 2023The South Indian Bank Limited₹1.98 MOpen

How Many Employees Work at Precision Electronics?

Precision Electronics has a workforce of 82 employees as of Mar 06, 2025. 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 Precision Electronics Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Precision Electronics, 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 Precision Electronics'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 Precision Electronics

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 14.44 Cr with Charge ID 101045875 was registered on 07 Feb 2025.

  • Charges

    A charge with The South Indian Bank Limited of Rs. 20.50 Cr registered on 26 Apr 2018 with Charge ID 100189672 was modified on 29 Oct 2024.

  • Annual General Meeting

    Precision Electronics Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

  • Director Appointment

    Dinesh Kumar Batra was appointed as a Director was appointed as a Director on 07 Aug 2024 & has been associated with this company since 9 months 15 days .

  • Charges

    A charge with Sidbi amounted to Rs. 5.00 Cr with Charge ID 100958741 was registered on 01 Aug 2024.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 0.51 Cr with Charge ID 100925311 was registered on 28 May 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Precision Electronics Limited?

    Precision Electronics Limited was incorporated on 01 May 1979.

  • What is authorized share capital and paid-up capital of Precision Electronics Limited?

    The authorized share capital of Precision Electronics Limited is ₹ 20.00 Cr and paid-up capital is ₹ 13.85 Cr.

  • Who are the current board members & directors of Precision Electronics Limited?

    Currently 8 directors are associated with Precision Electronics Limited.

    • Veenita Puri
    • Agjit Singh Chopra
    • Harbir Singh Banga
    • Preeti Grover
    • Ashok Kumar Kanodia
    • Dinesh Kumar Batra
    • Deepto Roy
    • Nikhil Kanodia

  • What is the registered address of Precision Electronics Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Precision Electronics Limited is D-1081, New Friends Colony India, New Delhi, 110025.

  • What is the corporate identification number (CIN) and company number of Precision Electronics Limited?

    The corporate identification number (CIN) of Precision Electronics Limited is L32104DL1979PLC009590 and the company number is 009590 as per Ministry of Corporate Affairs (MCA).

  • Is Precision Electronics Limited registered with any stock exchange in India?

    Yes, Precision Electronics Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Precision Electronics Limited?

    The Official website of Precision Electronics Limited is https://www.pel-india.com

  • What has been the recent revenue trend for Precision Electronics Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Precision Electronics Limited has risen by 31.72%.

  • How many employees does Precision Electronics Limited currently have?

    As Per 2024 financial reports, 82 employees are currently employed by Precision Electronics Limited.

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

    The financial reports for the fiscal year 2024 indicates that The net worth of Precision Electronics Limited has experienced an upsurge of 10.99%.

  • What are the total open charges for Precision Electronics Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Precision Electronics Limited amount to ₹ 43.83 Cr.

  • When was the last Balance Sheet of Precision Electronics Limited filed with the ROC?

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

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