Precision Turncomponents Private Limited

Manufactures machine components for tractors and automobiles since 1973 in Nagpur, Maharashtra.

1973 | Nagpur, Maharashtra (India) | Active
Last Updated: January 04, 2025

Precision Turncomponents Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 51 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.73 Cr
  • Revenue Growth 15.17%
  • Profit Growth 12.14%
  • Ebitda 22.06%
  • Net Worth 12.62%
  • Total Assets 17.45%

About Precision Turncomponents

Precision Turncomponents Private Limited (PTPL) was founded in India on 07 July 1973 and has a glorious history of 51 years and seven months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Vidarbha Agro Industries Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹3.73 Cr.

Shrikant Modi, Siddharth Modi, and Dhawal Modi serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29211MH1973PTC016659

  • Company No.

    016659

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 1973

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Precision Turncomponents Private Limited offer?

Precision Turncomponents Private Limited offers a wide range of products and services, including CNC Machined Components, CNC Turned Components, Precision Machined Components, Industrial Tools, Fabricated Components.

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

Board Members (3)

Name Designation Appointment Date Status
Shrikant Modi Country flag representing In Director 11-Jul-1975 Current
Siddharth Modi Country flag representing In Director 20-Mar-2008 Current
Dhawal Modi Country flag representing In Director 12-May-2016 Current

Financial Performance of Precision Turncomponents.

Precision Turncomponents Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15.17% increase. The company also saw a substantial improvement in profitability, with a 12.14% increase in profit. The company's net worth Soared by an impressive increase of 12.62%.

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
15.17%
Revenue from Operations
15.16%
Total Assets
17.45%
Profit or Loss
12.14%
Net Worth
12.62%
EBITDA
22.06%

What is the Ownership and Shareholding Structure of Precision Turncomponents?

Unlock access to Precision Turncomponents's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.27 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 2.00 Cr
  • State Bank Of India : 0.61 Cr
  • Central Bank Of India : 0.60 Cr
  • Others : 0.39 Cr
  • Sidbi : 0.12 Cr

Latest Charge Details

Date Lender Amount Status
27 Jul 2021 Others ₹2.94 M Open
13 Nov 2017 Yes Bank Limited ₹1.00 Cr Open
30 Jun 2017 Yes Bank Limited ₹1.00 Cr Open
31 Mar 2017 Others ₹1.00 M Open
18 Jul 2016 Sidbi ₹1.20 M Open

How Many Employees Work at Precision Turncomponents?

Precision Turncomponents has a workforce of 11 employees as of Apr 02, 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 Turncomponents, 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 Turncomponents'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 Turncomponents

Recent activity within the organization

  • Annual General Meeting

    Precision Turncomponents Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Precision Turncomponents Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.94 M with Charge ID 100491988 was registered on 27 Jul 2021.

    27 Jul 2021

  • Charges

    A charge with Yes Bank Limited of Rs. 10.00 M registered on 13 Nov 2017 with Charge ID 100153353 was modified on 21 Jul 2018.

    21 Jul 2018

  • Charges

    A charge with Yes Bank Limited of Rs. 10.00 M registered on 30 Jun 2017 with Charge ID 100152263 was modified on 21 Jul 2018.

    21 Jul 2018

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 10.00 M with Charge ID 100153353 was registered on 13 Nov 2017.

    13 Nov 2017

Frequently asked questions

  • Precision Turncomponents Private Limited was incorporated on 07 Jul 1973.

  • The authorized share capital of Precision Turncomponents Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

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

    • Shrikant Pamulal Modi
    • Siddharth Shrikant Modi
    • Dhawal Shrikant Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Turncomponents Private Limited is C - 80 Hingna Midc Industrial Area Hingna, India, Nagpur, Maharashtra, 440026.

  • The corporate identification number (CIN) of Precision Turncomponents Private Limited is U29211MH1973PTC016659 and the company number is 016659 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precision Turncomponents Private Limited is https://www.ptcplindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Precision Turncomponents Private Limited has risen by 15.17%.

  • As Per 2022 financial reports, 11 employees are currently employed by Precision Turncomponents Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Precision Turncomponents Private Limited has experienced an upsurge of 12.62%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Precision Turncomponents Private Limited amount to ₹ 3.73 Cr.

  • The most recent Balance Sheet for Precision Turncomponents Private Limited was filed with the ROC on 31 Mar 2024.

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