
Advance Precast Products Limited
About Advance Precast Products Limited
Data last updated:
Advance Precast Products Limited is a public limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Advance Construction Company Private Limited. It operates in the electrical services segment of the construction sector. It was incorporated on 30 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26954MH1992PLC068841. Its GSTIN is 27AAACA9745R1ZX (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49 Lakh. It is led by directors including Nepali Bipin Gandhi and Paruben Jayantilal Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Advance Chambers Sector – 9 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.96 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.81 Cr (net margin 83.5%) and EBITDA of ₹6.65 Cr (EBITDA margin 95.6%). Revenue has grown at a compounded annual rate (CAGR) of 131% over three years and 62% over five years.
As per MCA filings, the company has satisfied charges of ₹3.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Advance Precast Products has one previous CIN (Corporate Identification Number): U26954MH1992PTC068841. The current CIN is U26954MH1992PLC068841, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26954MH1992PLC068841 | Current |
| U26954MH1992PTC068841 | Previous |
Contact details
Advance Precast Products Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAdvance Chambers Sector – 9 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryConstruction, Electrical Services, Plumbing Services & Construction Specialties, Demolition & Construction Services
To see the full contact details of Advance Precast Products 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
Financials of Advance Precast Products Limited
FY 2025 filings availableAdvance Precast Products Limited reported revenue of ₹6.96 Cr (up 798% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 798% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.65 Cr | ||||
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| Net Profit (PAT) | ₹5.81 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.6% | ||||
| Net Profit Margin | 83.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Advance Precast Products Limited, buy the company report.
Board of directors of Advance Precast Products Limited
Advance Precast Products has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nepali Bipin Gandhi Also directs: Advance Equipment Finance Pvt Ltd, Mistique Construction Private Limited, Pine Probuild Private Limited and 2 more | Director | 05 Mar 2016 | 10 Years 8 Months | Current |
| Paruben Jayantilal Patel | Director | 21 Nov 2019 | 6 Years 11 Months | Current |
| Dhirajlal Nathalal Patel Also directs: Advance Equipment Finance Pvt Ltd, Mistique Construction Private Limited, Pine Probuild Private Limited and 3 more | Director | 05 Oct 2022 | 4 Years 1 Months | Current |
| Manjula Dhirajlal Patel | Director | 30 Sep 1992 | 34 Years 1 Months | Current |
Auditor
Advance Precast Products Limited is audited by K. C. Mehta & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. C. Mehta & Co. | FY 2017 | 106237W |
Shareholding
The shareholding of Advance Precast Products Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Advance Precast Products Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2024 | 100932952 | Abhyudaya Co-Operative Bank Limited | ₹3.5 Cr | Satisfied |
To see the full charge records of Advance Precast Products Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Advance Precast Products Limited has 1 court case on record: 1 filed by Advance Precast Products. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against M/S Magna Graphics Limited THR Mario Ferreira | Disposed |
To see the full case history of Advance Precast Products 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 Advance Precast Products Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advance Precast Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA9745R1ZX | Maharashtra | Active | 06 Jun 2018 |
To see the full GST registrations and return filing status of Advance Precast Products Limited, buy the company report.
Recent activity
Advance Precast Products Limited has 8 board changes on record since 1992: 4 appointments and 4 cessations. The latest: Dhirajlal Nathalal Patel was appointed as Director on 05 Oct 2022.
1 earlier event is in the company report.
Frequently asked questions
Advance Precast Products is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in electrical services, within the construction industry. It was incorporated on 30 September 1992 (34+ years old) and is registered under CIN U26954MH1992PLC068841.
Advance Precast Products has 4 current directors:
- Nepali Bipin Gandhi - Director
- Paruben Jayantilal Patel - Director
- Dhirajlal Nathalal Patel - Director
- Manjula Dhirajlal Patel - Director
The latest financial statements of Advance Precast Products on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Advance Precast Products is 27AAACA9745R1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Advance Precast Products is U26954MH1992PLC068841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advance Precast Products has 1 court case on record: 1 filed by the company.
Advance Precast Products was incorporated on 30 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Dhirajlal Nathalal Patel was appointed as Director on 05 Oct 2022. Paruben Jayantilal Patel ceased to be Additional Director on 31 Dec 2020. Dhirajlal Nathalal Patel ceased to be Director on 21 Nov 2019. Advance Precast Products has 8 board changes on record in total.
The registered office of Advance Precast Products is at Advance Chambers Sector – 9 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
Advance Precast Products operates in the construction industry, in the electrical services segment.

