Precision Power Products (India) Private Limited

Manufactures power electronic products for private companies and defense applications.

2002 | Aurangabad, Maharashtra (India) | Active
Last Updated: November 16, 2024

Precision Power Products (India) Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 38.18 Cr
  • Company Age 22 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 39.37 Cr
  • Satisfied Charges ₹ 50.13 Cr
  • Revenue Growth 38.66%
  • Profit Growth 143.53%
  • Ebitda 136.53%
  • Net Worth 4.41%
  • Total Assets 19.63%

About Precision Power Products (India)

Precision Power Products (India) Private Limited (PPPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 June 2002 and has a history of 22 years and seven months. Its registered office is in Aurangabad, Maharashtra, India.

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 40.00 Cr and a paid-up capital of Rs 38.18 Cr.

The company currently has active open charges totaling ₹39.37 Cr. The company has closed loans amounting to ₹50.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Precision Power Products (India) Private Limited India is Shivam Sen as COMPANY SECRETARY. Vinit Bhamburdekar and Vikas Bhambhurdekar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U31909MH2002PTC136239

  • Company No.

    136239

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Aerospace, Maritime and Defense

What products or services does Precision Power Products (India) Private Limited offer?

Precision Power Products (India) Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Electrical Distribution System, Fuses, Circuit Breakers & Components, Current Limiting and Changeover Devices, Data Entry & Data Processing Service, Data Digitization, Electrical & Electronic Test Devices, Energy Meter, Inverters, UPS and Converters, Electric Converters.

Who are the key members and board of directors at Precision Power Products (India)?

Executive Team (1)

Name Designation Appointment Date Status
Shivam Sen Company Secretary 21-Jun-2024 Current

Board Members (2)

Name Designation Appointment Date Status
Vinit Bhamburdekar Country flag representing In Director 25-Mar-2015 Current
Vikas Bhambhurdekar Country flag representing In Director 18-Jun-2002 Current

Financial Performance of Precision Power Products (India).

Precision Power Products (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.66% increase. The company also saw a substantial improvement in profitability, with a 143.53% increase in profit. The company's net worth moved up by a moderate rise of 4.41%.

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
38.66%
Revenue from Operations
44.89%
Total Assets
19.63%
Profit or Loss
143.53%
Net Worth
4.41%
EBITDA
136.53%

What is the Ownership and Shareholding Structure of Precision Power Products (India)?

In 2023, Precision Power Products (India) had a promoter holding of 92.52% and a public holding of 7.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.37 Cr

Satisfied Charges

₹50.13 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 38.30 Cr
  • Axis Bank Limited : 1.07 Cr

Latest Charge Details

Date Lender Amount Status
08 Jun 2023 Indian Overseas Bank ₹37.30 Cr Open
16 Dec 2022 Indian Overseas Bank ₹1.00 Cr Open
10 Nov 2020 Axis Bank Limited ₹1.07 Cr Open
10 Nov 2020 Axis Bank Limited ₹1.07 Cr Satisfied
29 Dec 2018 Axis Bank Limited ₹26.60 Cr Satisfied

How Many Employees Work at Precision Power Products (India)?

Precision Power Products (India) has a workforce of 78 employees as of Apr 09, 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 Power Products (India), 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 Power Products (India)'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 Power Products (India)

Recent activity within the organization

  • Charges

    A charge with Indian Overseas Bank of Rs. 37.30 Cr registered on 08 Jun 2023 with Charge ID 100735414 was modified on 31 Aug 2024.

    31 Aug 2024

  • Director Appointment

    Shivam Sen was appointed as a Company Secretary was appointed as a Company Secretary on 21 Jun 2024 & has been associated with this company since 7 months 13 days .

    21 Jun 2024

  • Charges

    A charge registered on 29 Dec 2018 via Charge ID 100247034 with Axis Bank Limited was fully satisfied on 12 Dec 2023.

    12 Dec 2023

  • Annual General Meeting

    Precision Power Products (India) 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 Indian Overseas Bank amounted to Rs. 37.30 Cr with Charge ID 100735414 was registered on 08 Jun 2023.

    08 Jun 2023

  • Balance Sheet

    Precision Power Products (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Precision Power Products (India) Private Limited was incorporated on 18 Jun 2002.

  • The authorized share capital of Precision Power Products (India) Private Limited is ₹ 40.00 Cr and paid-up capital is ₹ 38.18 Cr.

  • Currently 3 directors are associated with Precision Power Products (India) Private Limited.

    • Vinit Vikas Bhamburdekar
    • Shivam Sen
    • Vikas Vasantrao Bhambhurdekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Power Products (India) Private Limited is C-114M I D C Area Waluj India, Aurangabad, Maharashtra, 431136.

  • The corporate identification number (CIN) of Precision Power Products (India) Private Limited is U31909MH2002PTC136239 and the company number is 136239 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precision Power Products (India) Private Limited is https://www.precisionpowerproducts.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precision Power Products (India) Private Limited has risen by 38.66%.

  • As Per 2023 financial reports, 78 employees are currently employed by Precision Power Products (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precision Power Products (India) Private Limited has experienced an upsurge of 4.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precision Power Products (India) Private Limited amount to ₹ 39.37 Cr.

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

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