Precision Foils Private Limited

Manufacturer and supplier of aluminum foil rolls, wooden sticks, and lacquers for dairy industry.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: June 17, 2024

Precision Foils Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.50 Cr
  • Satisfied Charges ₹ 5.52 Cr
  • Revenue Growth 47.02%
  • Profit Growth 122.77%
  • Ebitda 86.24%
  • Net Worth 5.26%
  • Total Assets 11.10%

About Precision Foils

Precision Foils Private Limited (PFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 January 1994 and has a history of 31 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Packaging 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 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹12.50 Cr. The company has closed loans amounting to ₹5.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hitesh Joshi, Tapan Shah, and Kartik Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    precisionfoils.net

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27203MH1994PTC075886

  • Company No.

    075886

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 1994

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

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

Board Members (3)

Name Designation Appointment Date Status
Hitesh Joshi Country flag representing In Whole-Time Director 30-Jul-1996 Current
Tapan Shah Country flag representing In Whole-Time Director 04-Jan-1994 Current
Kartik Shah Country flag representing In Whole-Time Director 01-Apr-1998 Current

Financial Performance of Precision Foils.

Precision Foils Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.02% increase. The company also saw a substantial improvement in profitability, with a 122.77% increase in profit. The company's net worth moved up by a moderate rise of 5.26%.

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
47.02%
Revenue from Operations
47.50%
Total Assets
11.10%
Profit or Loss
122.77%
Net Worth
5.26%
EBITDA
86.24%

What is the Ownership and Shareholding Structure of Precision Foils?

In 2023, Precision Foils 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

₹125.00 M

Satisfied Charges

₹55.23 M

Charges Breakdown by Lending Institutions

  • Others : 12.50 Cr

Latest Charge Details

Date Lender Amount Status
29 Jan 2023 Others ₹12.50 Cr Open
28 Feb 2019 Others ₹1.80 Cr Satisfied
14 Feb 2009 United Bank Of India ₹2.10 Cr Satisfied
26 Jul 2002 United Bank Of India ₹8.00 M Satisfied
08 Jan 2002 United Bank Of India ₹3.40 M Satisfied

How Many Employees Work at Precision Foils?

Unlock and access historical data on people associated with Precision Foils, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Precision Foils Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Precision Foils Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 125.00 M with Charge ID 100690098 was registered on 29 Jan 2023.

    29 Jan 2023

  • Charges

    A charge registered on 28 Feb 2019 via Charge ID 100245704 with Others was fully satisfied on 20 Nov 2021.

    20 Nov 2021

  • Charges

    A charge registered on 14 Feb 2009 via Charge ID 10145766 with United Bank Of India was fully satisfied on 15 Apr 2019.

    15 Apr 2019

  • Charges

    A charge registered on 26 Jul 2002 via Charge ID 90157983 with United Bank Of India was fully satisfied on 15 Apr 2019.

    15 Apr 2019

Frequently asked questions

  • Precision Foils Private Limited was incorporated on 04 Jan 1994.

  • The authorized share capital of Precision Foils Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Precision Foils Private Limited.

    • Hitesh Bhaskar Joshi
    • Tapan Ranjit Shah
    • Kartik Ranjit Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Foils Private Limited is 202 Sagarika Opp. Palm Grove Hotel Juhu Tara Road Juhu Mumbai., Maharashtra, India, 400049.

  • The corporate identification number (CIN) of Precision Foils Private Limited is U27203MH1994PTC075886 and the company number is 075886 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precision Foils Private Limited is https://www.precisionfoils.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precision Foils Private Limited has risen by 47.02%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precision Foils Private Limited has experienced an upsurge of 5.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precision Foils Private Limited amount to ₹ 12.50 Cr.

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

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