Precon Technology And Castings Limited

Manufactures steel and alloy steel castings for heavy equipment industries.

2012 | Delhi (India) | Active
Last Updated: December 14, 2024

Precon Technology And Castings Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 12 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.50 Cr
  • Satisfied Charges ₹ 18.76 Cr
  • Revenue Growth -12.92%
  • Profit Growth 191.87%
  • Ebitda 4.33%
  • Net Worth 13178.03%
  • Total Assets 2.72%

About Precon Technology And Castings

Precon Technology And Castings Limited (PTACL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 March 2012 and has a history of 12 years and ten months. Its registered office is in Delhi, India.

The Corporate was formerly known as Precon Technology And Castings Private Limited. The Company is engaged in the Manufacturing 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 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹14.50 Cr. The company has closed loans amounting to ₹18.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Devendra Agarwal, Himanshu Agarwal, and Anita Agarwal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27107DL2012PLC233762

  • Company No.

    233762

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

Who are the key members and board of directors at Precon Technology And Castings?

Board Members (3)

Name Designation Appointment Date Status
Devendra Agarwal Country flag representing In Director 04-Oct-2019 Current
Himanshu Agarwal Country flag representing In Director 01-Jun-2017 Current
Anita Agarwal Country flag representing In Director 30-Mar-2012 Current

Financial Performance of Precon Technology And Castings.

Precon Technology And Castings Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 12.92% decrease. The company also saw a substantial improvement in profitability, with a 191.87% increase in profit. The company's net worth Soared by an impressive increase of 13178.03%.

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
-12.92%
Revenue from Operations
-13.03%
Total Assets
2.72%
Profit or Loss
191.87%
Net Worth
13178.03%
EBITDA
4.33%

What is the Ownership and Shareholding Structure of Precon Technology And Castings?

In 2024, Precon Technology And Castings 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

₹14.50 Cr

Satisfied Charges

₹18.76 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 14.50 Cr

Latest Charge Details

Date Lender Amount Status
10 Aug 2018 Axis Bank Limited ₹12.00 Cr Open
10 Aug 2018 Axis Bank Limited ₹2.50 Cr Open
15 May 2015 Others ₹10.50 Cr Satisfied
04 Jun 2013 State Bank Of India ₹8.26 Cr Satisfied

How Many Employees Work at Precon Technology And Castings?

Precon Technology And Castings has a workforce of 34 employees as of Dec 14, 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 Precon Technology And Castings, 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 Precon Technology And Castings'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 Precon Technology And Castings

Recent activity within the organization

  • Annual General Meeting

    Precon Technology And Castings Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Precon Technology And Castings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Devendra Kumar Agarwal was appointed as a Director was appointed as a Director on 04 Oct 2019 & has been associated with this company since 5 years 3 months .

    04 Oct 2019

  • Charges

    A charge registered on 15 May 2015 via Charge ID 10579380 with Others was fully satisfied on 14 May 2019.

    14 May 2019

  • Charges

    A charge with Axis Bank Limited of Rs. 12.00 Cr registered on 10 Aug 2018 with Charge ID 100200985 was modified on 10 May 2019.

    10 May 2019

  • Charges

    A charge with Axis Bank Limited of Rs. 2.50 Cr registered on 10 Aug 2018 with Charge ID 100200986 was modified on 28 Mar 2019.

    28 Mar 2019

Frequently asked questions

  • Precon Technology And Castings Limited was incorporated on 30 Mar 2012.

  • The authorized share capital of Precon Technology And Castings Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 3 directors are associated with Precon Technology And Castings Limited.

    • Devendra Kumar Agarwal
    • Himanshu Agarwal
    • Anita Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precon Technology And Castings Limited is 39, Paschimi Marg Vasant Vihar India, New Delhi, 110057.

  • The corporate identification number (CIN) of Precon Technology And Castings Limited is U27107DL2012PLC233762 and the company number is 233762 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2024, the revenue trend for Precon Technology And Castings Limited has fallen by -12.92%.

  • As Per 2024 financial reports, 34 employees are currently employed by Precon Technology And Castings Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Precon Technology And Castings Limited has experienced an upsurge of 13178.03%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Precon Technology And Castings Limited amount to ₹ 14.50 Cr.

  • The most recent Balance Sheet for Precon Technology And Castings Limited was filed with the ROC on 31 Mar 2024.

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