Precitech Forgings & Engineering Private Limited

Manufactures and sells hot forged and machine components, including compressor gear, engine sprocket, and brake shoes.

2011 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 02, 2024

Precitech Forgings & Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.70 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.59 Cr
  • Satisfied Charges ₹ 3.24 Cr
  • Revenue Growth 40.58%
  • Profit Growth 83.21%
  • Ebitda 11.71%
  • Net Worth 36.75%
  • Total Assets -7.27%

About Precitech Forgings & Engineering

Precitech Forgings & Engineering Private Limited (PFEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 December 2011 and has a history of 13 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

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 1.70 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹4.59 Cr. The company has closed loans amounting to ₹3.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

Poonam Agrawal and Rahul Agrawal serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    precitechforgings.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29253TN2011PTC083434

  • Company No.

    083434

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Dec 2011

  • 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 Precitech Forgings & Engineering Private Limited offer?

Precitech Forgings & Engineering Private Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Industrial Shafts, Bushings & Bushing Parts, Machine Bushing, Forgings, Forging Parts & Supplies, Forged Components, Industrial Valves & Valve Fittings, Butterfly Valves, Door Lock, Electronic Lock & Latches, Door Lock.

Who are the key members and board of directors at Precitech Forgings & Engineering?

Board Members (2)

Name Designation Appointment Date Status
Poonam Agrawal Country flag representing In Director 12-Sep-2013 Current
Rahul Agrawal Country flag representing In Director 29-Oct-2012 Current

Financial Performance of Precitech Forgings & Engineering.

Precitech Forgings & Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.58% increase. The company also saw a substantial improvement in profitability, with a 83.21% increase in profit. The company's net worth Soared by an impressive increase of 36.75%.

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
40.58%
Revenue from Operations
41.12%
Total Assets
-7.27%
Profit or Loss
83.21%
Net Worth
36.75%
EBITDA
11.71%

What is the Ownership and Shareholding Structure of Precitech Forgings & Engineering?

In 2023, Precitech Forgings & Engineering 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

₹4.59 Cr

Satisfied Charges

₹3.24 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.59 Cr

Latest Charge Details

Date Lender Amount Status
31 Oct 2020 Others ₹3.76 M Open
07 Oct 2020 Others ₹2.90 Cr Open
26 Feb 2020 Others ₹1.53 M Open
12 Feb 2020 Others ₹1.54 M Open
04 Oct 2019 Others ₹2.07 M Open

How Many Employees Work at Precitech Forgings & Engineering?

Precitech Forgings & Engineering has a workforce of 102 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 Precitech Forgings & Engineering, 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 Precitech Forgings & Engineering'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 Precitech Forgings & Engineering

Recent activity within the organization

  • Annual General Meeting

    Precitech Forgings & Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Precitech Forgings & Engineering 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 Others amounted to Rs. 0.38 Cr with Charge ID 100437842 was registered on 31 Oct 2020.

    31 Oct 2020

  • Charges

    A charge registered on 26 Nov 2013 via Charge ID 10465688 with Yes Bank Limited was fully satisfied on 27 Oct 2020.

    27 Oct 2020

  • Charges

    A charge with Others amounted to Rs. 2.90 Cr with Charge ID 100392074 was registered on 07 Oct 2020.

    07 Oct 2020

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100394791 was registered on 26 Feb 2020.

    26 Feb 2020

Frequently asked questions

  • Precitech Forgings & Engineering Private Limited was incorporated on 05 Dec 2011.

  • The authorized share capital of Precitech Forgings & Engineering Private Limited is ₹ 1.70 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 2 directors are associated with Precitech Forgings & Engineering Private Limited.

    • Poonam Bai Agrawal
    • Rahul Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precitech Forgings & Engineering Private Limited is Dp112/4A (Sp) 2Nd Main Road Ambattur Industrial Estate, Chennai, Tamil Nadu, India, 600058.

  • The corporate identification number (CIN) of Precitech Forgings & Engineering Private Limited is U29253TN2011PTC083434 and the company number is 083434 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precitech Forgings & Engineering Private Limited is https://www.precitechforgings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precitech Forgings & Engineering Private Limited has risen by 40.58%.

  • As Per 2023 financial reports, 102 employees are currently employed by Precitech Forgings & Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precitech Forgings & Engineering Private Limited has experienced an upsurge of 36.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precitech Forgings & Engineering Private Limited amount to ₹ 4.59 Cr.

  • The most recent Balance Sheet for Precitech Forgings & Engineering Private Limited was filed with the ROC on 31 Mar 2023.

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