H. L. Passey Engineering Private Limited

H. L. Passey Engineering Private Limited - engineering in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U24118MP1976PTC001360 Incorporated 10 February 1976 ROC Gwalior HQ Bhopal, Madhya Pradesh, India
Active Private Limited Company engineering MSME · Medium
Data last updated
Revenue · FY 2024
₹67.41 Cr
▼ 11% YoY
Net profit · FY 2024
₹1.05 Cr
Net margin 1.6%
EBITDA · FY 2024
₹3.14 Cr
EBITDA margin 4.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.66 Cr
Issued & subscribed
Open charges
₹23.33 Cr
Satisfied ₹16.6 Cr
Company age
50 yrs
Est. 1976
Employees · EPFO
73
Provident fund records

About H. L. Passey Engineering Private Limited

Data last updated:

H. L. Passey Engineering Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 10 February 1976 and has been in existence for over 50 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24118MP1976PTC001360. Its GSTIN is 23AABCH1857N1ZG (Madhya Pradesh). The company holds 13 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.66 Cr. It is led by directors including Baldev Raj Passey (Managing Director) and Pooja Passey.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pitra Chhaya C – 2/A Bda Colony Shivaji Nagar, Bhopal, Madhya Pradesh, India – 462016.

As per the financials filed for FY 2024, the company reported a revenue of ₹67.41 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 1.6%) and EBITDA of ₹3.14 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 7% over five years.

The company has about 73 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹23.33 Cr and satisfied charges of ₹16.6 Cr on record. Court records list 13 cases involving the company, including 10 filed by the company and 3 filed against it; 4 cases are pending.

H. L. Passey Engineering Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-10-0001741). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hlpassey.co.in.

Company details

CIN U24118MP1976PTC001360
Registration Number 001360
Incorporation Date 10 February 1976
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-10-0001741
Key People
Baldev Raj Passey Managing Director Pooja Passey Director Monish Passey Director

Recognitions & Rankings of H. L. Passey Engineering

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MP-10-0001741

Contact details

H. L. Passey Engineering Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is hlpassey.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    hlpassey.co.in
  • Registered Address
    Pitra Chhaya C – 2/A Bda Colony Shivaji Nagar, Bhopal, Madhya Pradesh, India – 462016
  • Industry
    Engineering, Metal Foundry & Fabrication Services

To see the full contact details of H. L. Passey Engineering Private Limited, buy the company report.

Comprehensive company report
H. L. Passey Engineering Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of H. L. Passey Engineering is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities

To see the full business activity and turnover split of H. L. Passey Engineering Private Limited, buy the company report.

Financials of H. L. Passey Engineering Private Limited

FY 2024 filings available

H. L. Passey Engineering Private Limited reported revenue of ₹67.41 Cr (down 11% YoY) for FY 2024.

Revenue · FY 2024
₹67.41 Cr ▼ 11%
Net profit · FY 2024
₹1.05 Cr margin 1.6%
EBITDA · FY 2024
₹3.14 Cr margin 4.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 9%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 5%
5 years · compounded
▼ 4%

Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 7% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.14 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.05 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.7%
Net Profit Margin1.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of H. L. Passey Engineering Private Limited, buy the company report.

Board of directors of H. L. Passey Engineering Private Limited

H. L. Passey Engineering has 5 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Pooja PasseyDirector10 Mar 200818 Years 7 MonthsCurrent
Baldev Raj PasseyManaging Director01 Jan 198640 Years 10 MonthsCurrent
Monish PasseyDirector01 Apr 199927 Years 7 MonthsCurrent
Kanchan PasseyDirector06 Apr 197848 Years 6 MonthsCurrent
Prabodh PasseyDirector01 Apr 199531 Years 7 MonthsCurrent
View all directors

Auditor

H. L. Passey Engineering Private Limited is audited by Lowlekar & Barjatya for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Lowlekar & BarjatyaFY 2023007945C

Shareholding

The shareholding of H. L. Passey Engineering Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of H. L. Passey Engineering Private Limited, buy the company report.

Charges & borrowings

Open charges
₹23.33 Cr
Satisfied charges
₹16.6 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹22.94 Cr
Icici Bank Limited₹0.38 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jul 2025101167290Hdfc Bank Limited₹18.45 LakhOpen
22 Jul 2025101167255Hdfc Bank Limited₹26.33 LakhOpen
28 Mar 2017100093979Hdfc Bank Limited₹22.49 CrOpen
31 Mar 201410501119Icici Bank Limited₹38.43 LakhOpen
04 Feb 2020100326329Yes Bank Limited₹1.1 CrSatisfied

To see the full charge records of H. L. Passey Engineering Private Limited, buy the company report.

Total charge records: 23 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for H. L. Passey Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

H. L. Passey Engineering Private Limited has a workforce of 73 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
73
Active EPFO establishments
1
Employee growth
-7.59%

GST

H. L. Passey Engineering has 13 GST registrations: 1 active and 12 cancelled or inactive.

Total GSTINs
13
Active
1
Cancelled / inactive
12
GSTINStateStatusRegistered on
23AABCH1857N1ZGMadhya PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of H. L. Passey Engineering Private Limited, buy the company report.

Recent activity

H. L. Passey Engineering Private Limited has 5 board changes on record since 1978: 5 appointments. The latest: Pooja Passey was appointed as Director on 10 Mar 2008.

Charges
A charge with Hdfc Bank Limited of Rs. 22.49 Cr registered on 28 Mar 2017 with Charge ID 100093979 was modified on 08 Oct 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101167290 was registered on 31 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 101167255 was registered on 22 Jul 2025.
AGM
H. L. Passey Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
H. L. Passey Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge registered on 04 Feb 2020 via Charge ID 100326329 with Yes Bank Limited was fully satisfied on 07 Jul 2023.
Charges
A charge with Yes Bank Limited amounted to Rs. 1.10 Cr with Charge ID 100326329 was registered on 04 Feb 2020.
Charges
A charge registered on 25 Sep 1999 via Charge ID 90205519 with Oriental Bank Of Commerce was fully satisfied on 29 Jun 2017.
Charges
A charge registered on 18 May 2016 via Charge ID 100068375 with Others was fully satisfied on 15 Jun 2017.
Charges
A charge registered on 17 Dec 2015 via Charge ID 10612958 with Oriental Bank Of Commerce was fully satisfied on 15 Jun 2017.
Charges
A charge registered on 14 Jul 2010 via Charge ID 10232517 with Oriental Bank Of Commerce was fully satisfied on 15 Jun 2017.
Charges
A charge registered on 14 Jul 2010 via Charge ID 10232515 with Oriental Bank Of Commerce was fully satisfied on 15 Jun 2017.

46 earlier events are in the company report.

Frequently asked questions

H. L. Passey Engineering is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 10 February 1976 (50+ years old) and is registered under CIN U24118MP1976PTC001360.

H. L. Passey Engineering has 5 current directors:

The latest financial statements of H. L. Passey Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of H. L. Passey Engineering is 23AABCH1857N1ZG, registered in Madhya Pradesh. The company has 13 GST registrations in all, of which 1 is active and 12 are cancelled or inactive.

The CIN (Corporate Identification Number) of H. L. Passey Engineering is U24118MP1976PTC001360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

H. L. Passey Engineering has 13 court cases on record: 10 filed by the company and 3 filed against it. 4 are pending. Most are in the high courts.

H. L. Passey Engineering was incorporated on 10 February 1976, making it 50+ years old. It is registered with the Registrar of Companies, Gwalior.

Pooja Passey was appointed as Director on 10 Mar 2008. Monish Passey was appointed as Director on 01 Apr 1999. Prabodh Passey was appointed as Director on 01 Apr 1995. H. L. Passey Engineering has 5 board changes on record in total.

Yes, H. L. Passey Engineering is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-10-0001741).

H. L. Passey Engineering can be reached through the website hlpassey.co.in. Its registered office is in Bhopal, Madhya Pradesh, India.