Precitec Precision Machineries Private Limited logo

Precitec Precision Machineries Private Limited

Designs and manufactures special purpose machines, machine tools, and retro fitments for various industries.
2009 | Bangaluru, Karnataka (India) | Active

Last Updated:

December 13, 2024
HomeCompanyPrecitec Precision Machineries Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Nikhila Honnudike InManaging Director30-Nov-2009Current

Board Members(1)

NameDesignationAppointment DateStatus
Ravindra Honnudike In Director 30-Nov-2009Current

Financial Performance of Precitec Precision Machineries.

Precitec Precision Machineries Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 59.98% decrease. The company also saw a substantial fall in profitability, with a 126434.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 37.44%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-59.98%
Revenue from Operations
-60.83%
Total Assets
-12.88%
Profit or Loss
-126434.69%
Net Worth
-37.44%
EBITDA
-191.03%

Charges (Loans)

Open Charges Satisfied Charges

₹84.78 M

₹40.50 M

LenderAmountStatus

Canara Bank

Creation Date: 28 Feb 2018
₹0.75 MOpen

Canara Bank

Creation Date: 18 Dec 2017
₹0.58 MOpen

Canara Bank

Creation Date: 01 Feb 2011
₹8.34 CrOpen

How Many Employees Work at Precitec Precision Machineries?

Precitec Precision Machineries has a workforce of 41 employees as of Apr 06, 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.

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Latest Updates, News, and FAQs on Precitec Precision Machineries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Canara Bank of Rs. 83.44 M registered on 01 Feb 2011 with Charge ID 10268861 was modified on 16 Apr 2024.

    16 Apr 2024

  • Balance Sheet

    Precitec Precision Machineries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 07 Jun 2010 via Charge ID 10226278 with Canara Bank was fully satisfied on 14 Jan 2019.

    14 Jan 2019

  • Charges

    A charge with Canara Bank amounted to Rs. 0.75 M with Charge ID 100172991 was registered on 28 Feb 2018.

    28 Feb 2018

  • Charges

    A charge with Canara Bank amounted to Rs. 0.58 M with Charge ID 100145702 was registered on 18 Dec 2017.

    18 Dec 2017

Frequently asked questions

  • Precitec Precision Machineries Private Limited was incorporated on 30 Nov 2009.

  • The authorized share capital of Precitec Precision Machineries Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.60 M.

  • Currently 2 directors are associated with Precitec Precision Machineries Private Limited.

    • Ravindra Sridhara Honnudike
    • Nikhila Sridhara Honnudike
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precitec Precision Machineries Private Limited is No.A-353(B) 8Th Main Road 2Nd Stage, Peenya Industrial Estate India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Precitec Precision Machineries Private Limited is U31909KA2009PTC051667 and the company number is 051667 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precitec Precision Machineries Private Limited is https://www.precitec.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Precitec Precision Machineries Private Limited has fallen by -59.98%.

  • As Per 2021 financial reports, 41 employees are currently employed by Precitec Precision Machineries Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Precitec Precision Machineries Private Limited has experienced an downturn of -37.44%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Precitec Precision Machineries Private Limited amount to ₹ 8.48 Cr.

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

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