Precision Electronics Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
as on 04-07-2024
- Paid Up Capital ₹ 13.85 Cr
as on 04-07-2024
- Company Age 45 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 20.06 Cr
as on 04-07-2024
- Satisfied Charges ₹ 18.69 Cr
as on 04-07-2024
- Revenue -6.67%
(FY 2023)
- Profit 100.48%
(FY 2023)
- Ebitda 145.76%
(FY 2023)
- Net Worth 0.68%
(FY 2023)
- Total Assets -11.45%
(FY 2023)
About Precision Electronics
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 2023. 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 ₹20.06 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 Agjit Chopra as CFO and Veenita Puri as Company Secretary. Rahul Goenka, Ashok Kanodia, Suresh Vyas, and Six other members serve as directors at the Company.
- 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
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Delhi
Industry
Company Details
- Location
South Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media
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.
Who are the key members and board of directors at Precision Electronics?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Agjit Chopra  | CFO | 12-Aug-2014 | Current |
| Ashok Kanodia | Managing Director | 01-May-1979 | Current |
| Veenita Puri | Company Secretary | 01-Mar-2024 | Current |
Board Members(8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harbir Banga | Director | 12-Feb-2021 | Current |
| Suresh Vyas | Director | 04-Feb-2023 | Current |
| Rajesh Pant | Director | 11-Aug-2023 | Current |
| Rahul Goenka | Director | 25-Sep-2004 | Current |
| Preeti Grover | Director | 19-Dec-2019 | Current |
| Nikhil Kanodia | Whole-Time Director | 11-Aug-2017 | Current |
Financial Performance and Corporate Structure Insights of Precision Electronics.
Precision Electronics Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.67% decrease. The company also saw a substantial improvement in profitability, with a 100.48% increase in profit. The company's net worth moved up by a moderate rise of 0.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Precision Electronics?
In 2022, Precision Electronics had a promoter holding of 50.68% and a public holding of 49.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The South Indian Bank Limited Creation Date: 15 Mar 2023 | ₹1.98 M | Open |
The South Indian Bank Limited Creation Date: 15 Mar 2023 | ₹2.76 M | Open |
The South Indian Bank Limited Creation Date: 05 Aug 2022 | ₹1.80 M | Open |
How Many Employees Work at Precision Electronics?
Precision Electronics has a workforce of 84 employees as of Apr 05, 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.
Deals i
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
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
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.
