Precision Electronics Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 13.85 Cr
- Company Age 45 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 29.39 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 45 years and nine months. 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 ₹29.39 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. Ashok Kanodia, Preeti Grover, Deepto Roy, 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
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 |
|---|---|---|---|
Nikhil Kanodia  | Managing Director | 11-Aug-2017 | Current |
| Agjit Chopra | CFO | 12-Aug-2014 | Current |
| Veenita Puri | Company Secretary | 01-Mar-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harbir Banga | Director | 12-Feb-2021 | Current |
| Preeti Grover | Director | 19-Dec-2019 | Current |
| Ashok Kanodia | Whole-Time Director | 01-May-1979 | Current |
| Deepto Roy | Director | 27-Sep-2014 | Current |
| Dinesh Batra | Director | 07-Aug-2024 | Current |
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%.
- 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 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.
Related Corporates (Common Directorship)
Pooja Metal Processors Private LimitedHarbir Banga is a mutual person
Millennium Technotools Private LimitedHarbir Banga is a mutual person
Wehear Innovations Private LimitedHarbir Banga is a mutual person
Victora Automotive Private LimitedHarbir Banga is a mutual person
Grand Prix Engineering Private LimitedHarbir Banga is a mutual person
Som Distilleries Breweries & Wineries LimitedDinesh Batra is a mutual person
Charges (Loans)
₹29.39 Cr
₹18.69 Cr
Charges Breakdown by Lending Institutions
- The South Indian Bank Limited : 23.87 Cr
- Sidbi : 5.00 Cr
- Yes Bank Limited : 0.51 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2024 | Sidbi | ₹5.00 Cr | Open |
| 28 May 2024 | Yes Bank Limited | ₹5.11 M | Open |
| 21 May 2024 | The South Indian Bank Limited | ₹1.75 Cr | Open |
| 15 Mar 2023 | The South Indian Bank Limited | ₹1.98 M | Open |
| 15 Mar 2023 | The South Indian Bank Limited | ₹2.76 M | Open |
How Many Employees Work at Precision Electronics?
Precision Electronics has a workforce of 84 employees as of Jan 31, 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.
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.
