About Perk Mercantile
Perk Mercantile is an Industrial Goods & Manufacturing company based in Mumbai (India) founded in 1990. Manufacturing and supplying load cells and electronic weighing scales in India. Its Indian entity Perk Mercantile Private Limited reported revenue of ₹3.52 Cr. Perk Mercantile offers products and services including Load Cells and Weighing Scales. Its focus areas include Electronics, Electronic Components, Weighing Technology and Indicators and PCBs.
Company details
In 1990, the foundation of Concept Electronics was laid in Mumbai, which led to the development of Perk Mercantile Pvt. Ltd. as a key entity in the electronic weighing scale industry. Microcontroller-based technology was introduced to replace low-end microprocessors, resulting in growth as a manufacturer and supplier of load cells and weighing systems. Continuous research has enabled the provision of cost-effective solutions tailored to various sectors, with a focus on quality and customer support. Over time, high-performance products have been offered to meet diverse needs, supported by a network of satisfied clients.
- Headquarters Mumbai, India
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
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- Website perkloadcell.com
- Legal Name Perk Mercantile Pvt. Ltd
- Date of Incorporation 18 Mar, 1997
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹3.52 Cr
FY 2023 · +78% YoY
- Net Profit₹4.7 Lakh
FY 2023 · 1% margin
- EBITDA₹7.3 Lakh
FY 2023 · 2% margin
Associated legal entities of Perk Mercantile
Perk Mercantile operates through Perk Mercantile Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Perk Mercantile Private Limited CIN U51900MH1997PTC106681 | Active | 18 Mar 1997 | Mumbai, Maharashtra | ₹3.5 Cr | 3 | View details |
Products & Services of Perk Mercantile
Perk Mercantile offers a comprehensive portfolio of products and services, including Load Cells and Weighing Scales.
Load cells are used in weighing scales and systems, where accurate measurements are ensured through reliable manufacturing processes.
Weighing scales are produced using microcontroller-based technology to support industrial applications with precision.
Board of directors of Perk Mercantile Private Limited (Perk Mercantile)
Perk Mercantile Private Limited is the primary company behind Perk Mercantile. The board of Perk Mercantile Private Limited currently have 3 directors; the longest-serving is Leena Hiren Ajmera, appointed in 1997.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Leena Hiren Ajmera DIN 01174259 | Director | 25 May 1997 | 29 yrs 5 mo | Perk Mercantile Private Limited |
| Hiren Champaklal Ajmera DIN 01174221 | Director | 25 May 1997 | 29 yrs 5 mo | Perk Mercantile Private Limited |
| Yash Hiren Ajmera DIN 09632283 | Director | 01 Oct 2022 | 4 yrs 1 mo | Perk Mercantile Private Limited |
Financials of Perk Mercantile
Figures of Perk Mercantile Private Limited, the primary company behind Perk Mercantile, for FY 2023. Revenue was ₹3.52 Cr (+78% year on year). Net profit was ₹4.7 Lakh (1% margin). EBITDA was ₹7.3 Lakh (2% margin). Revenue has grown at a compounded annual rate of +19% over three years and +14% over five years.
- ₹3.52 CrRevenue · FY 2023 · +78% YoY
- ₹4.7 LakhNet profit · 1% margin
- ₹7.3 LakhEBITDA · 2% margin
- ₹9.7 LakhPaid-up capital
- +19%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Perk Mercantile Private Limited are on its company page.
Detailed financial statements for Perk Mercantile
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in PCB & Electronic Components
3 companies that operate in the same segment as Perk Mercantile (PCB & Electronic Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufactures energy meters, monitors, and switchgear for power management and industrial applications. | 2004 | Bengaluru, Karnataka, India | ||||
Gala Precision Engineering is engaged in manufacturing precision components. | 2009 | Thane, Maharashtra, India | USD 33.25 M | 335 | ||
Electronic safety embedded systems are manufactured for railway transport. | 2002 | Bengaluru, Karnataka, India | 383 |
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Frequently Asked Questions about Perk Mercantile
Perk Mercantile was founded in 1990.
Perk Mercantile is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Perk Mercantile, Perk Mercantile Private Limited, reported revenue of ₹3.52 Cr for FY 2023, up 78% year on year.
In 1990, the foundation of Concept Electronics was laid in Mumbai, which led to the development of Perk Mercantile Pvt. Ltd. as a key entity in the electronic weighing scale industry. Microcontroller-based technology was introduced to replace low-end microprocessors, resulting in growth as a manufacturer and supplier of load cells and weighing systems. Continuous research has enabled the provision of cost-effective solutions tailored to various sectors, with a focus on quality and customer support. Over time, high-performance products have been offered to meet diverse needs, supported by a network of satisfied clients.
Perk Mercantile offers Load Cells and Weighing Scales.
Perk Mercantile operates through Perk Mercantile Private Limited.
The legal entities of Perk Mercantile currently have 3 directors, including Yash Hiren Ajmera, Leena Hiren Ajmera, Hiren Champaklal Ajmera.