
About Planetary Gear Drives India Private Limited
Data last updated:
Planetary Gear Drives India Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Silwin Winches India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the clean energy solutions segment of the environmental services sector. It was incorporated on 03 June 2003.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2003PTC032038. Its GSTIN is 29AABCT9258M1ZJ (Karnataka).
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors including Sekaran Krishnamurthy and Krishnan Kasturi Rangan.
Its last annual general meeting (AGM) was held on 27 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at No. 21/2 C Bhattarahalli 14th Km Old Madras Road, Bangalore, Karnataka, India – 560049.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.98 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.53 Lakh (net margin 0.2%) and EBITDA of ₹46.29 Lakh (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.
The company had about 14 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 3 cases involving the company, including 3 filed against it.
The last known website on record is pgidrives.com.
Company details
Contact details
Planetary Gear Drives India Private Limited's registered office is in Bangalore, Karnataka. Its website is pgidrives.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 21/2 C Bhattarahalli 14th Km Old Madras Road, Bangalore, Karnataka, India – 560049
- IndustryEnvironment, Clean Energy Solutions
To see the full contact details of Planetary Gear Drives India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Planetary Gear Drives India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Planetary Gear Drives India Private Limited, buy the company report.
Financials of Planetary Gear Drives India Private Limited
FY 2019 filings availablePlanetary Gear Drives India Private Limited reported revenue of ₹9.98 Cr (up 40% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over three years, including 40% growth in the latest year. EBITDA fell 13% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.98 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹46.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.53 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Planetary Gear Drives India Private Limited, buy the company report.
Board of directors of Planetary Gear Drives India Private Limited
Planetary Gear Drives India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sekaran Krishnamurthy | Director | 27 Jul 2010 | 16 Years 3 Months | As last reported |
| Krishnan Kasturi Rangan | Director | 03 Jun 2003 | 23 Years 5 Months | As last reported |
| Winston Derric Rego | Director | 01 Sep 2017 | 9 Years 2 Months | As last reported |
Auditor
Planetary Gear Drives India Private Limited is audited by GNANOBA & BHAT for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GNANOBA & BHAT | FY 2019 | 000939S |
Shareholding
The shareholding of Planetary Gear Drives India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Planetary Gear Drives India Private Limited, buy the company report.
Legal cases
Planetary Gear Drives India Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishnagiri, Tamil Nadu | Civil suit | Filed against the company by Ms. Hywell Forging Private Ltd., | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed against the company by Precision Bearing Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed against the company by Precision Bearing Pvt. Ltd. | Disposed |
To see the full case history of Planetary Gear Drives India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Planetary Gear Drives India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Planetary Gear Drives India Private Limited has a workforce of 14 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Planetary Gear Drives India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCT9258M1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Planetary Gear Drives India Private Limited, buy the company report.
Recent activity
Planetary Gear Drives India Private Limited has 6 board changes on record since 2003: 3 appointments and 3 cessations. The latest: Winston Derric Rego ceased to be Additional Director on 27 Sep 2017.
Frequently asked questions
Planetary Gear Drives India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Planetary Gear Drives India was a private limited company based in Bangalore, Karnataka, India. The company worked in clean energy solutions, within the environment industry. It was incorporated on 03 June 2003 and is registered under CIN U31909KA2003PTC032038. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Planetary Gear Drives India was incorporated on 03 June 2003. It is registered with the Registrar of Companies, Bangalore.
Planetary Gear Drives India had 3 directors:
- Sekaran Krishnamurthy - Director
- Krishnan Kasturi Rangan - Director
- Winston Derric Rego - Director
The CIN (Corporate Identification Number) of Planetary Gear Drives India is U31909KA2003PTC032038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Planetary Gear Drives India is at No. 212 C Bhattarahalli 14th Km Old Madras Road, Bangalore, Karnataka, India – 560049.
Planetary Gear Drives India can be reached through the website pgidrives.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Planetary Gear Drives India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 August 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Planetary Gear Drives India is 29AABCT9258M1ZJ, registered in Karnataka.
Planetary Gear Drives India operated in the environment industry, in the clean energy solutions segment.

