About Pal Movers
Pal Movers is a Transportation, Automotive & Logistics company based in Khurda (India) founded in 2004. It produces high-quality automotive parts. It operates on a B2B model. The company has 44 employees. Its Indian entity Pal Movers Private Limited reported revenue of ₹92.15 Cr. Its focus areas include Manufacturing, Automotive, Parts Production and High-Quality Components. Its competitors include UNO Minda and Rane Group; 1 of its 2 listed competitors has raised funding.
Company details
Pal Movers, founded in 2004 in Khurda, India, focuses on producing manufactured goods, dealing with automotive parts, parts production, and high-quality components. Produces high-quality automotive parts. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Khurda, India
- Employees 44
- SectorsTransportation, Automotive & Logistics
- Website palgroupindia.com
- Legal Name Pal Movers Private Limited
- Date of Incorporation 16 Apr, 2004
- Jurisdiction Khurda, Odisha, India
- Annual Revenue₹92.15 Cr
FY 2024 · +12% YoY
- Net Profit₹60.6 Lakh
FY 2024 · 1% margin
- EBITDA₹1.57 Cr
FY 2024 · 2% margin
- Employee Count44
Associated legal entities of Pal Movers
Pal Movers is associated with 3 registered companies on The Company Check; the primary company is Pal Movers Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pal Movers Private Limited CIN U34102OR2004PTC007569 | Active | 16 Apr 2004 | Khurda, Odisha | ₹92.1 Cr | 44 | 4 | View details |
| Pal Lifeware Private Limited CIN U51109OR2010PTC011543 | Active | 29 Jan 2010 | Bhubaneswar, Odisha | ₹9.6 Cr | 25 | 3 | View details |
| Pal Automotives Private Limited CIN U50401OR1999PTC005829 | Active | 05 Jul 1999 | Bhubaneswar, Odisha | ₹150 Cr | 29 | 3 | View details |
Board of directors of Pal Movers Private Limited (Pal Movers)
Pal Movers Private Limited is the primary company behind Pal Movers. The boards of the 3 registered companies of Pal Movers currently have 4 directors; the longest-serving is Haneet Kaur, appointed in 2004. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Haneet Kaur DIN 02211755 | Director | 16 Apr 2004 | 22 yrs 6 mo | Pal Movers Private Limited, Pal Automotives Private Limited |
| Harman Pal Singh DIN 00561000 | Director | 29 Jan 2010 | 16 yrs 8 mo | Pal Lifeware Private Limited, Pal Movers Private Limited, Pal Automotives Private Limited |
| Inderjeet Kaur DIN 02441741 | Director | 29 Jan 2010 | 16 yrs 8 mo | Pal Lifeware Private Limited, Pal Movers Private Limited |
| Satpal Singh DIN 02211761 | Managing Director | 29 Jan 2010 | 16 yrs 8 mo | Pal Lifeware Private Limited, Pal Movers Private Limited, Pal Automotives Private Limited |
Financials of Pal Movers
Figures of Pal Movers Private Limited, the primary company behind Pal Movers, for FY 2024. Revenue was ₹92.15 Cr (+12% year on year). Net profit was ₹60.6 Lakh (1% margin). EBITDA was ₹1.57 Cr (2% margin). Revenue has grown at a compounded annual rate of +13% over three years and +8% over five years.
- ₹92.15 CrRevenue · FY 2024 · +12% YoY
- ₹60.6 LakhNet profit · 1% margin
- ₹1.57 CrEBITDA · 2% margin
- ₹33.4 LakhPaid-up capital
- 44Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Pal Movers Private Limited are on its company page.
Detailed financial statements for Pal Movers
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Pal Movers
Pal Movers has 2 listed competitors in our database, 1 of them funded. They include UNO Minda and Rane Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| unominda.com | 1958 | Gurugram, India | $259.53M | 2,509 | Manufacturer and supplier of major auto components to OEMs and tier 1 companies | |
| ranegroup.com | 1929 | Chennai, India | 172 | Major auto components are manufactured and supplied to OEMs. |
Detailed competitors of Pal Movers
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- Full competitor set
- Operating metrics
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Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as Pal Movers (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 17.06 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Frequently Asked Questions about Pal Movers
Pal Movers was founded in 2004.
Pal Movers is headquartered in Khurda, India. It is registered at Khurda, Odisha, India.
Pal Movers has 44 employees.
The primary company behind Pal Movers, Pal Movers Private Limited, reported revenue of ₹92.15 Cr for FY 2024, up 12% year on year.
Pal Movers, founded in 2004 in Khurda, India, focuses on producing manufactured goods, dealing with automotive parts, parts production, and high-quality components. Produces high-quality automotive parts. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Pal Movers's top competitors include UNO Minda and Rane Group.
Pal Movers is associated with 3 legal entities: Pal Movers Private Limited, Pal Lifeware Private Limited, Pal Automotives Private Limited.
The legal entities of Pal Movers currently have 4 directors, including Harman Pal Singh, Inderjeet Kaur, Satpal Singh and others.