Covai Precision Tools and Machines Private Limited
About Covai Precision Tools and Machines Private Limited
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Covai Precision Tools and Machines Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the metalworking segment of the metals and mining sector. It was incorporated on 30 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29219TZ2011PTC017740. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Paulraj Gomathi (Managing Director) and Santheep Kumar Paulraj.
Its last annual general meeting (AGM) was held on 15 May 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No 6 Sri Nagar 6th Cross Bharathi Nagar, Coimbatore, Tamil Nadu, India – 641006.
As per the financials filed for FY 2019, the company reported a revenue of ₹14.27 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹22,920 (net margin 1.6%) and EBITDA of ₹60,278 (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Covai Precision Tools and Machines Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 6 Sri Nagar 6th Cross Bharathi Nagar, Coimbatore, Tamil Nadu, India – 641006
- IndustryMetal & Minerals, Metalworking
To see the full contact details of Covai Precision Tools and Machines 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 Covai Precision Tools and Machines is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Covai Precision Tools and Machines Private Limited, buy the company report.
Financials of Covai Precision Tools and Machines Private Limited
FY 2019 filings availableCovai Precision Tools and Machines Private Limited reported revenue of ₹14.27 Lakh (down 64% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 64% fall in the latest year. EBITDA fell 36% 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 |
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| EBITDA | ₹60,278 | ||||
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| Net Profit (PAT) | ₹22,920 | ||||
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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 | 4.2% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Covai Precision Tools and Machines Private Limited, buy the company report.
Board of directors of Covai Precision Tools and Machines Private Limited
Covai Precision Tools and Machines has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santheep Kumar Paulraj | Director | 30 Dec 2011 | 14 Years 10 Months | Current |
| Paulraj Gomathi | Managing Director | 30 Dec 2011 | 14 Years 10 Months | Current |
Peer comparison
Covai Precision Tools and Machines Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanghvi Products Private Limited | ₹14.33 Lakh (FY 2019) | Abu Road, Rajasthan, India | ||||
| Swamikrupa Industries Private Limited | ₹14.31 Lakh (FY 2022) | 84.0% | Pune, Maharashtra, India | |||
| Atharva Industrial Services Private Limited | ₹14.3 Lakh (FY 2022) | 1200.0% | Pune, Maharashtra, India | |||
| Arrow Wire Industries Private Limited | ₹14.29 Lakh (FY 2024) | -46.0% | Mathura, Uttar Pradesh, India | |||
| Caretech Engineering India Private Limited | ₹14.27 Lakh (FY 2022) | -64.0% | Chennai, Tamil Nadu, India | |||
| Covai Precision Tools and Machines Private Limitedthis company | ₹14.27 Lakh (FY 2019) | ₹22,920 | 1.6% | -64.0% | Coimbatore, Tamil Nadu, India | |
| Rennis Engineering Works Private Limited | ₹14.26 Lakh (FY 2023) | Haryana, India | ||||
| Ossanna Infratech Private Limited | ₹14.21 Lakh (FY 2019) | -86.0% | Hyderabad, Telangana, India | |||
| Avera Engineering Private Limited | ₹14.21 Lakh (FY 2025) | 1.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Techland Metals and Minerals Private Limited | ₹14.16 Lakh (FY 2023) | 59.0% | Bhubaneswar, Odisha, India | |||
| Shriram Metals and Alloys Private Limited | ₹14.15 Lakh (FY 2024) | -1.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Covai Precision Tools and Machines Private Limited, buy the company report.
Auditor
Covai Precision Tools and Machines Private Limited is audited by CA EKANATHAN V for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA EKANATHAN V | FY 2017 | 028948 |
Shareholding
The shareholding of Covai Precision Tools and Machines Private Limited is on record for 4 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Covai Precision Tools and Machines Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Covai Precision Tools and Machines Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Covai Precision Tools and Machines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Covai Precision Tools and Machines has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Covai Precision Tools and Machines Private Limited, buy the company report.
Recent activity
Covai Precision Tools and Machines Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Paulraj Gomathi was appointed as Managing Director on 30 Dec 2011.
Frequently asked questions
Covai Precision Tools and Machines is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in metalworking, within the metal and minerals industry. It was incorporated on 30 December 2011 (15+ years old) and is registered under CIN U29219TZ2011PTC017740.
Covai Precision Tools and Machines has 2 current directors:
- Paulraj Gomathi - Managing Director
- Santheep Kumar Paulraj - Director
The latest financial statements of Covai Precision Tools and Machines on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 15 May 2019. Year-wise statements from 2015 are in the company report.
No. Covai Precision Tools and Machines has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Covai Precision Tools and Machines is U29219TZ2011PTC017740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covai Precision Tools and Machines was incorporated on 30 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Covai Precision Tools and Machines by revenue are Sanghvi Products Private Limited, Swamikrupa Industries Private Limited, Atharva Industrial Services Private Limited, Arrow Wire Industries Private Limited, Caretech Engineering India Private Limited and 5 more, all in the same principal business activity (metal and metal products).
Paulraj Gomathi was appointed as Managing Director on 30 Dec 2011. Santheep Kumar Paulraj was appointed as Director on 30 Dec 2011.
The registered office of Covai Precision Tools and Machines is at No 6 Sri Nagar 6th Cross Bharathi Nagar, Coimbatore, Tamil Nadu, India – 641006.
Covai Precision Tools and Machines operates in the metal and minerals industry, in the metalworking segment.
The compliance status of Covai Precision Tools and Machines is compliant as of 22 August 2026. The company is actively filing with the Registrar of Companies.
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