Premier Industrial Corporation Limited logo

Premier Industrial Corporation Limited

ISO-certified company processing ferro and metal for welding electrode industries in domestic and foreign markets.
2007 | Mumbai, Maharashtra (India) | Active

Last Updated:

June 23, 2024
HomeCompanyPremier Industrial Corporation Limited

Who are the key members and board of directors at Premier Industrial Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Arvind Morzaria InManaging Director08-Aug-2007Current

Board Members(10)

NameDesignationAppointment DateStatus
Meet Morzaria In Whole-Time Director 16-Oct-2014Current
Lalit Morzaria In Whole-Time Director 08-Aug-2007Current
Shaila Mehta In Director 19-Feb-2021Current
Dilip Morzaria In Whole-Time Director 08-Aug-2007Current
Kashmira Parekh In Director 16-Oct-2014Current
Mehul Raichura In Whole-Time Director 19-Feb-2021Current

Financial Performance of Premier Industrial Corporation.

Premier Industrial Corporation Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 10.64% decrease. The company also saw a substantial fall in profitability, with a 31.65% decrease in profit. The company's net worth moved up by a moderate rise of 9.79%.

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  • 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
-10.64%
Revenue from Operations
-10.25%
Total Assets
24.44%
Profit or Loss
-31.65%
Net Worth
9.79%
EBITDA
-12.22%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹68.05 Cr

₹255.25 Cr

LenderAmountStatus

Others

Creation Date: 18 Jun 2021
₹3.65 CrOpen

Hdfc Bank Limited

Creation Date: 28 Apr 2021
₹59.95 CrOpen

Others

Creation Date: 22 Jul 2020
₹4.45 CrOpen

How Many Employees Work at Premier Industrial Corporation?

Premier Industrial Corporation has a workforce of 140 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 Premier Industrial Corporation

Recent activity within the organization

  • Annual General Meeting

    Premier Industrial Corporation Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Premier Industrial Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 59.95 Cr registered on 28 Apr 2021 with Charge ID 100441865 was modified on 25 May 2022.

    25 May 2022

  • Charges

    A charge with Others amounted to Rs. 3.65 Cr with Charge ID 100456580 was registered on 18 Jun 2021.

    18 Jun 2021

  • Charges

    A charge registered on 30 Oct 2012 via Charge ID 10390145 with Bank Of Baroda was fully satisfied on 06 May 2021.

    06 May 2021

  • Charges

    A charge registered on 25 Aug 2008 via Charge ID 10121456 with Bank Of Baroda was fully satisfied on 06 May 2021.

    06 May 2021

Frequently asked questions

  • Premier Industrial Corporation Limited was incorporated on 08 Aug 2007.

  • The authorized share capital of Premier Industrial Corporation Limited is ₹ 20.00 Cr and paid-up capital is ₹ 8.40 Cr.

  • Currently 11 directors are associated with Premier Industrial Corporation Limited.

    • Dilip Chhotalal Morzaria
    • Arvind Chhotalal Morzaria
    • Lalit Navin Morzaria
    • Kashmira Bharat Parekh
    • Meet Arvind Morzaria
    • Shaila Dilip Mehta
    • Mehul Harsukhlal Raichura
    • Smeet Arvind Morzaria
    • Anand Dilip Morzaria
    • Bharat Balkrishna Parekh
    • Subhash Chotalal Morzaria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premier Industrial Corporation Limited is 5Th Floor Kailash Corporate Lounge Godrej, Hiranandani Link Road Park Site Vikroli West, Mumbai, Maharashtra, India, 400079.

  • The corporate identification number (CIN) of Premier Industrial Corporation Limited is U27101MH2007PLC172955 and the company number is 172955 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Premier Industrial Corporation Limited is https://www.kammangroup.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Premier Industrial Corporation Limited has fallen by -10.64%.

  • As Per 2021 financial reports, 140 employees are currently employed by Premier Industrial Corporation Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Premier Industrial Corporation Limited has experienced an upsurge of 9.79%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Premier Industrial Corporation Limited amount to ₹ 68.05 Cr.

  • The most recent Balance Sheet for Premier Industrial Corporation Limited was filed with the ROC on 31 Mar 2023.

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