Precitech Turnings Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.20 M
- Company Age 23 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.40 Cr
- Satisfied Charges ₹ 1.57 Cr
- Revenue Growth 8.10%
- Profit Growth 299.17%
- Ebitda -43.88%
- Net Worth 45.04%
- Total Assets -1.24%
About Precitech Turnings
Precitech Turnings Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 September 2001 and has a history of 23 years and four months. Its registered office is in South Delhi, Delhi, 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 2.50 M and a paid-up capital of Rs 2.20 M.
The company currently has active open charges totaling ₹6.40 Cr. The company has closed loans amounting to ₹1.57 Cr, as per Ministry of Corporate Affairs (MCA) records.
Devanshu Arora, Mayank Arora, Neeru Arora, and Three other members serve as directors at the Company.
Company Details
-
Location
South Delhi, Delhi, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U28910DL2001PTC112592
-
Company No.
112592
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
27 Sep 2001
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Precitech Turnings?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mayank Arora
|
Additional Director | 15-Apr-2019 | Current |
|
Devender Arora
|
Director | 27-Sep-2001 | Current |
|
Devanshu Arora
|
Additional Director | 03-Jul-2020 | Current |
|
Neeru Arora
|
Director | 25-Nov-2002 | Current |
|
Achla Arora
|
Director | 25-Nov-2002 | Current |
|
Rajesh Arora
|
Director | 27-Sep-2001 | Current |
Financial Performance of Precitech Turnings.
Precitech Turnings Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.1% increase. The company also saw a substantial improvement in profitability, with a 299.17% increase in profit. The company's net worth Soared by an impressive increase of 45.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Precitech Turnings?
In 2023, Precitech Turnings had a public holding of 40.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
May Alloys LlpDevanshu Arora, Neeru Arora and 1 more are mutual person
-
Aravali Projects Private Limited
Rajesh Arora is a mutual person
Charges (Loans)
₹64.00 M
₹15.70 M
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 3.50 Cr
- Citibank N.A : 2.20 Cr
- Axis Bank Limited : 0.35 Cr
- Hdfc Bank Limited : 0.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Apr 2023 | Hdfc Bank Limited | ₹3.50 M | Open |
| 19 Sep 2020 | Axis Bank Limited | ₹3.50 M | Open |
| 09 Oct 2018 | Citi Bank N.A. | ₹2.50 Cr | Open |
| 09 Oct 2018 | Citi Bank N.A. | ₹1.00 Cr | Open |
| 04 Apr 2011 | Citibank N.A | ₹2.20 Cr | Open |
How Many Employees Work at Precitech Turnings?
Precitech Turnings has a workforce of 60 employees as of Apr 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Precitech Turnings, 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 Turnings's trajectory.
Rating
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
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.