Premco Rail Engineers Limited

Provides railway construction and consulting services for private sidings and networks for industries.

1998 | 24 Parganas, West Bengal (India) | Active
Last Updated:

Premco Rail Engineers Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 7.57 Cr
  • Company Age 27 Year, 23 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 37.24 Cr
  • Satisfied Charges ₹ 250.90 Cr
  • Revenue Growth -31.97%
  • Profit Growth -10.87%
  • Ebitda -39.40%
  • Net Worth 1.72%
  • Total Assets -1.09%

About Premco Rail Engineers

Premco Rail Engineers Limited (PREL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 February 1998 and has a history of 27 years. Its registered office is in 24 Parganas, West Bengal, India.

The Corporate was formerly known as Premco Rail Engineers Private Limited. The Company is engaged in the Infrastructure And Utilities 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 25.00 Cr and a paid-up capital of Rs 7.57 Cr.

The company currently has active open charges totaling ₹37.24 Cr. The company has closed loans amounting to ₹250.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mausam Lihala, Prem Lihala, and Anup Lihala serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51109WB1998PLC086555

  • Company No.

    086555

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Infrastructure and Utilities

What products or services does Premco Rail Engineers Limited offer?

Premco Rail Engineers Limited offers a wide range of products and services, including Weighbridges, Rail Weighing System, Railway, Railroad & Train Components, Railway Track Parts, Project Management, Electrification Service.

Who are the key members and board of directors at Premco Rail Engineers?

Executive Team (1)

NameDesignationAppointment DateStatus
Prem Lihala Country flag representing In Managing Director13-Feb-1998Current

Board Members (2)

NameDesignationAppointment DateStatus
Mausam Lihala Country flag representing In Whole-Time Director 01-Feb-2003Current
Anup Lihala Country flag representing In Director 13-Feb-1998Current

Financial Performance of Premco Rail Engineers.

Premco Rail Engineers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.97% decrease. The company also saw a substantial fall in profitability, with a 10.87% decrease in profit. The company's net worth moved up by a moderate rise of 1.72%.

Premco Rail Engineers revenue growth over time
Premco Rail Engineers 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
-31.97%
Revenue from Operations
-33.70%
Total Assets
-1.09%
Profit or Loss
-10.87%
Net Worth
1.72%
EBITDA
-39.40%

What is the Ownership and Shareholding Structure of Premco Rail Engineers?

In 2023, Premco Rail Engineers had a promoter holding of 93.60% and a public holding of 6.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.24 Cr

Satisfied Charges

₹250.90 Cr

Charges Breakdown by Lending Institutions

  • Others : 37.24 Cr

Latest Charge Details

DateLenderAmountStatus
15 May 2024Others₹5.00 CrOpen
21 Jan 2009Others₹32.24 CrOpen
05 Nov 2011Hdfc Bank Limited₹1.44 MSatisfied
20 Oct 2011Bank Of Baroda₹24.00 CrSatisfied
28 Sep 2011Hdfc Bank Limited₹3.15 MSatisfied

How Many Employees Work at Premco Rail Engineers?

Premco Rail Engineers has a workforce of 54 employees as of Mar 30, 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.

Employee growth trends for Premco Rail Engineers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Premco Rail Engineers, 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 Premco Rail Engineers'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 Premco Rail Engineers

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100928925 was registered on 15 May 2024.

  • Charges

    A charge with Others of Rs. 32.24 Cr registered on 21 Jan 2009 with Charge ID 10144631 was modified on 03 Nov 2023.

  • Annual General Meeting

    Premco Rail Engineers Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Premco Rail Engineers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge registered on 12 Mar 2008 via Charge ID 10097089 with State Bank Of India was fully satisfied on 28 Jun 2018.

  • Charges

    A charge registered on 20 Oct 2011 via Charge ID 10322301 with Bank Of Baroda was fully satisfied on 02 May 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Premco Rail Engineers Limited?

    Premco Rail Engineers Limited was incorporated on 13 Feb 1998.

  • What is authorized share capital and paid-up capital of Premco Rail Engineers Limited?

    The authorized share capital of Premco Rail Engineers Limited is ₹ 25.00 Cr and paid-up capital is ₹ 7.57 Cr.

  • Who are the current board members & directors of Premco Rail Engineers Limited?

    Currently 3 directors are associated with Premco Rail Engineers Limited.

    • Mausam Lihala
    • Prem Kumar Lihala
    • Anup Kumar Lihala
  • What is the registered address of Premco Rail Engineers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Premco Rail Engineers Limited is Axis Mall Cf-9 3Rd Floor 1C, New Town Rajarhat India, Kolkata, West Bengal, 700156.

  • What is the corporate identification number (CIN) and company number of Premco Rail Engineers Limited?

    The corporate identification number (CIN) of Premco Rail Engineers Limited is U51109WB1998PLC086555 and the company number is 086555 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Premco Rail Engineers Limited?

    The Official website of Premco Rail Engineers Limited is https://www.premcogroup.com

  • What has been the recent revenue trend for Premco Rail Engineers Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Premco Rail Engineers Limited has fallen by -31.97%.

  • How many employees does Premco Rail Engineers Limited currently have?

    As Per 2023 financial reports, 54 employees are currently employed by Premco Rail Engineers Limited.

  • What change has been observed in the net worth of Premco Rail Engineers Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Premco Rail Engineers Limited has experienced an upsurge of 1.72%.

  • What are the total open charges for Premco Rail Engineers Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Premco Rail Engineers Limited amount to ₹ 37.24 Cr.

  • When was the last Balance Sheet of Premco Rail Engineers Limited filed with the ROC?

    The most recent Balance Sheet for Premco Rail Engineers Limited was filed with the ROC on 31 Mar 2023.

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