Precision Equipments (Chennai) Private Limited

Design and manufacture process equipment for oil, gas, and petrochemical industries with global presence.

1998 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Precision Equipments (Chennai) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 195.26 Cr
  • Satisfied Charges ₹ 80.93 Cr
  • Revenue Growth 10.16%
  • Profit Growth 19.83%
  • Ebitda 20.90%
  • Net Worth 20.41%
  • Total Assets 8.33%

About Precision Equipments (Chennai)

Precision Equipments (Chennai) Private Limited (PECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 June 1998 and has a history of 26 years and eight months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Corporate was formerly known as Precision Equipments (Chennai). 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹195.26 Cr. The company has closed loans amounting to ₹80.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

Balasubramanian Prabhu and Eswaramurthy serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pecpl.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29309TN1998PTC040651

  • Company No.

    040651

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Precision Equipments (Chennai) Private Limited offer?

Precision Equipments (Chennai) Private Limited offers a wide range of products and services, including Heater, Thermostat & Heating Devices, Industrial Heaters, Freezers, Refrigerators & Chillers, Refrigerator Spare Parts, Heat Exchangers, Pumping Systems, Vacuum Ejector System, Tube Heat Exchangers, Hydraulic Machines, Static Hydraulic System.

Who are the key members and board of directors at Precision Equipments (Chennai)?

Executive Team (1)

NameDesignationAppointment DateStatus
Eswaramurthy Country flag representing In Managing Director11-Jun-1998Current

Board Members (1)

NameDesignationAppointment DateStatus
Balasubramanian Prabhu Country flag representing In Director 16-Jun-1999Current

Financial Performance of Precision Equipments (Chennai).

Precision Equipments (Chennai) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.16% increase. The company also saw a substantial improvement in profitability, with a 19.83% increase in profit. The company's net worth Soared by an impressive increase of 20.41%.

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
10.16%
Revenue from Operations
10.19%
Total Assets
8.33%
Profit or Loss
19.83%
Net Worth
20.41%
EBITDA
20.90%

What is the Ownership and Shareholding Structure of Precision Equipments (Chennai)?

In 2023, Precision Equipments (Chennai) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹195.26 Cr

Satisfied Charges

₹80.93 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 141.89 Cr
  • Others : 50.00 Cr
  • Sidbi : 2.00 Cr
  • Tata Capital Financial Services Limited : 1.37 Cr

Latest Charge Details

DateLenderAmountStatus
04 Sep 2023Sidbi₹2.00 CrOpen
21 Jun 2023Others₹50.00 CrOpen
05 Jan 2023Hdfc Bank Limited₹10.00 CrOpen
14 Jun 2022Tata Capital Financial Services Limited₹3.70 MOpen
06 May 2022Tata Capital Financial Services Limited₹1.00 CrOpen

How Many Employees Work at Precision Equipments (Chennai)?

Precision Equipments (Chennai) has a workforce of 269 employees as of Mar 30, 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 Precision Equipments (Chennai), 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 Equipments (Chennai)'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 Equipments (Chennai)

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 131.50 Cr registered on 24 Mar 2022 with Charge ID 100565253 was modified on 01 Mar 2024.

    01 Mar 2024

  • Annual General Meeting

    Precision Equipments (Chennai) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 100777467 was registered on 04 Sep 2023.

    04 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100740657 was registered on 21 Jun 2023.

    21 Jun 2023

  • Balance Sheet

    Precision Equipments (Chennai) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100672183 was registered on 05 Jan 2023.

    05 Jan 2023

Frequently asked questions

  • Precision Equipments (Chennai) Private Limited was incorporated on 11 Jun 1998.

  • The authorized share capital of Precision Equipments (Chennai) Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 2 directors are associated with Precision Equipments (Chennai) Private Limited.

    • Balasubramanian Prabhu
    • Eswaramurthy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Equipments (Chennai) Private Limited is No.26, Mount Poonamallee Roadnandambakkam India, Chennai-89., Tamil Nadu, 600089.

  • The corporate identification number (CIN) of Precision Equipments (Chennai) Private Limited is U29309TN1998PTC040651 and the company number is 040651 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precision Equipments (Chennai) Private Limited is https://www.pecpl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precision Equipments (Chennai) Private Limited has risen by 10.16%.

  • As Per 2023 financial reports, 269 employees are currently employed by Precision Equipments (Chennai) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precision Equipments (Chennai) Private Limited has experienced an upsurge of 20.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precision Equipments (Chennai) Private Limited amount to ₹ 195.26 Cr.

  • The most recent Balance Sheet for Precision Equipments (Chennai) Private Limited was filed with the ROC on 31 Mar 2023.

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