MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GA-02-0000223
Hughes Precision Manufacturing Private Limited - plastics in Salcete, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹142.65 Cr
▲ 93% YoY
Net profit · FY 2025
₹18.97 Cr
Net margin 13.3%
EBITDA · FY 2025
₹31.36 Cr
EBITDA margin 22%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.35 Cr
Issued & subscribed
Open charges
₹15.12 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
102
Provident fund records
About Hughes Precision Manufacturing Private Limited
Data last updated:
Hughes Precision Manufacturing Private Limited is a private limited company based in Salcete, Goa, India. It operates in the non-metallic mineral products segment of the plastics and polymers sector. It was incorporated on 04 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74999GA2016PTC016738. Its GSTIN is 30AADCH9945F1ZN (Goa). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.35 Cr. It is led by directors including Sanjay Soni (Managing Director) and Jayprakash Susheelkumar Saraff.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Salcete, Goa.
As per the financials filed for FY 2025, the company reported a revenue of ₹142.65 Cr, a growth of 93% compared to the previous year. For the same year it recorded a net profit of ₹18.97 Cr (net margin 13.3%) and EBITDA of ₹31.36 Cr (EBITDA margin 22%). Revenue has grown at a compounded annual rate (CAGR) of 170% over three years and 307% over five years.
The company has about 102 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hughes Precision M. As per MCA filings, the company has open charges of ₹15.12 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹250 Cr; the latest was in September 2026.
Hughes Precision Manufacturing Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GA-02-0000223). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hughesprecisionm.com.
Company details
CIN U74999GA2016PTC016738
Registration Number 016738
Incorporation Date 04 October 2016
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GA-02-0000223
CIN history
Hughes Precision Manufacturing has one previous CIN (Corporate Identification Number): U74999KA2016PTC096965. The current CIN is U74999GA2016PTC016738, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GA2016PTC016738 | Current |
| U74999KA2016PTC096965 | Previous |
Key People
Sanjay Soni Managing Director Jayprakash Susheelkumar Saraff Director Susheel Kumar Saraff Director Recognitions & Rankings of Hughes Precision Manufacturing
Contact details
Hughes Precision Manufacturing Private Limited's registered office is in Salcete, Goa. Its website is hughesprecisionm.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 99 – 102 Verna Industrial Estate, National Highway 17, Salcete, Goa, India – 403722
- IndustryPlastics, Non-Metallic Mineral Products, Fabricated Metal Products, Plastic Products, Rubber Products
To see the full contact details of Hughes Precision Manufacturing Private Limited, buy the company report.
Comprehensive company report
Hughes Precision Manufacturing 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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Brands
Hughes Precision Manufacturing operates one associated brand: Hughes Precision M. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Small arms ammunition is manufactured for military and civilian use. | hughesprecisionm.com |
Business activity
The main business activity of Hughes Precision Manufacturing is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Hughes Precision Manufacturing Private Limited, buy the company report.
Financials of Hughes Precision Manufacturing Private Limited
FY 2025 filings availableHughes Precision Manufacturing Private Limited reported revenue of ₹142.65 Cr (up 93% YoY) for FY 2025.
Revenue · FY 2025
₹142.65 Cr ▲ 93%
Net profit · FY 2025
₹18.97 Cr margin 13.3%
EBITDA · FY 2025
₹31.36 Cr margin 22%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 93%
3 years · compounded
▲ 170%
5 years · compounded
▲ 307%
Revenue has grown at a compounded annual rate (CAGR) of 307% over five years, including 93% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹142.65 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹31.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.97 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22% | ||||
| Net Profit Margin | 13.3% | ||||
| 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 Hughes Precision Manufacturing Private Limited, buy the company report.
Board of directors of Hughes Precision Manufacturing Private Limited
Hughes Precision Manufacturing has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayprakash Susheelkumar Saraff Also directs: Sirius Clean Tech Private Limited | Director | 29 Jul 2019 | 7 Years 3 Months | Current |
| Susheel Kumar Saraff | Director | 29 Jul 2019 | 7 Years 3 Months | Current |
| Shashi Soni | Director | 11 Dec 2023 | 2 Years 10 Months | Current |
| Sanjay Soni Also directs: Izmo Limited, Izmo Microsystems Private Limited | Managing Director | 04 Oct 2016 | 10 Years 0 Months | Current |
Auditor
Hughes Precision Manufacturing Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2025 | 001076N / N500013 |
Shareholding
The shareholding of Hughes Precision Manufacturing Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hughes Precision Manufacturing Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.12 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2025 | 101092155 | Others | ₹15 Cr | Open | |
| 29 Aug 2022 | 100652801 | Axis Bank Limited | ₹12.15 Lakh | Open |
To see the full charge records of Hughes Precision Manufacturing Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Hughes Precision Manufacturing Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹250 Cr; the latest was in September 2026.
Total deals
1
Funding round
1
Disclosed funding
₹250 Cr
To see the full deal history of Hughes Precision Manufacturing Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hughes Precision Manufacturing Private Limited has 6 court cases on record: 3 filed by Hughes Precision Manufacturing, 3 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
3
Filed against the company
3
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Goa, Goa | Criminal miscellaneous application | Filed by the company against App | Pending |
| District court, South Goa, Goa | Criminal miscellaneous application | Filed by the company against App | Disposed |
| Bombay High Court | Writ petition | Filed against the company | Pending |
| District court, South Goa, Goa | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, South Goa, Goa | Criminal miscellaneous application | Filed against the company by State (Through Deputy Collector and SDM Quepem) | Disposed |
To see the full case history of Hughes Precision Manufacturing Private 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 Hughes Precision Manufacturing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hughes Precision Manufacturing Private Limited has a workforce of 102 employees on its EPFO records as of Feb 19, 2026, across 1 active EPFO establishment.
Employee count
102
Active EPFO establishments
1
Employee growth
12.09%
GST
Hughes Precision Manufacturing has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AADCH9945F1ZN | Goa | Active | 01 Oct 2019 |
To see the full GST registrations and return filing status of Hughes Precision Manufacturing Private Limited, buy the company report.
Recent activity
Hughes Precision Manufacturing Private Limited has 9 board changes on record since 2016: 5 appointments and 4 cessations. The latest: Yogesh Rakesh Mittal was appointed as CFO on 18 Dec 2024.
AGM
Hughes Precision Manufacturing Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Hughes Precision Manufacturing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Charges
A charge with Others of Rs. 15.00 Cr registered on 24 Mar 2025 with Charge ID 101092155 was modified on 25 Mar 2025.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101092155 was registered on 24 Mar 2025.
Appointed
Yogesh Rakesh Mittal was appointed as CFO.
Appointed
Shashi Soni was appointed as Director.
Ceased
Ved Prakash Soni ceased to be Director.
Ceased
Sanjay Soni ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100652801 was registered on 29 Aug 2022.
Ceased
Jayprakash Susheelkumar Saraff ceased to be Additional Director.
Ceased
Susheel Kumar Saraff ceased to be Additional Director.
Appointed
Jayprakash Susheelkumar Saraff was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Hughes Precision Manufacturing is an active private limited company based in Salcete, Goa, India. The company works in non-metallic mineral products, within the plastics industry. It was incorporated on 04 October 2016 (10+ years old) and is registered under CIN U74999GA2016PTC016738.
Hughes Precision Manufacturing has 4 current directors:
- Sanjay Soni - Managing Director
- Jayprakash Susheelkumar Saraff - Director
- Susheel Kumar Saraff - Director
- Shashi Soni - Director
The latest financial statements of Hughes Precision Manufacturing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Hughes Precision Manufacturing is 30AADCH9945F1ZN, registered in Goa. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hughes Precision Manufacturing is U74999GA2016PTC016738. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hughes Precision Manufacturing has 6 court cases on record: 3 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Hughes Precision Manufacturing was incorporated on 04 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Goa.
Hughes Precision Manufacturing has 1 deal on record (1 funding round), with disclosed funding of ₹250 Cr; the latest was in September 2026.
Yogesh Rakesh Mittal was appointed as CFO on 18 Dec 2024. Shashi Soni was appointed as Director on 11 Dec 2023. Ved Prakash Soni ceased to be Director on 11 Dec 2023. Hughes Precision Manufacturing has 9 board changes on record in total.
Yes, Hughes Precision Manufacturing is registered as an MSME under Udyam registration (number: UDYAM-GA-02-0000223).
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