About Manuli Psi Hydraulics Private Limited
Data last updated:
Manuli Psi Hydraulics Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Manuli Hydraulics India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the hydraulic machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 06 April 1995.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U02413KA1995PTC017571. Its GSTIN is 29AACCP4223D1ZQ (Karnataka). The company held 3 GST registrations, all of them active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Psi Hydraulics Private Limited. and Psi Hydraulics Private Limited. It was led by directors including Luca Coccioli and Prashant Sadanand Shanbhag.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at A – 111 & 112 3rd Main 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2021, the company reported a revenue of ₹52.15 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹2.71 Cr (net margin 5.2%) and EBITDA of ₹4.73 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 11% over five years.
The company had about 68 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Psi Hydraulics. As per MCA filings, the company had satisfied charges of ₹2.55 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it. The company has 1 deal on record (1 acquisition); the latest was in September 2016. Its 3 peer companies in the Machinery and Equipment industry (Hydraulic Equipment), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Deccan Hydraulics Private Limited with revenue of ₹57.92 Cr.
The last known website on record is psihydraulics.com.
Company details
Name history
Manuli Psi Hydraulics has undergone 2 name changes throughout its history. The company was previously known as Psi Hydraulics Private Limited., and Psi Hydraulics Private Limited. The current legal name is Manuli Psi Hydraulics Private Limited.
| Company Name | Status |
|---|---|
| Manuli Psi Hydraulics Private Limited | Current |
| Psi Hydraulics Private Limited. | Previous |
| Psi Hydraulics Private Limited | Previous |
Contact details
Manuli Psi Hydraulics Private Limited's registered office is in Bangalore, Karnataka. Its website is psihydraulics.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA – 111 & 112 3rd Main 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Hydraulic Machinery & Equipment
To see the full contact details of Manuli Psi Hydraulics 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
Brands
Manuli Psi Hydraulics operates one associated brand: PSI HYDRAULICS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction machinery, injection moulding, cement, and machine tools are provided. | psihydraulics.com |
Business activity
The main business activity of Manuli Psi Hydraulics 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 Manuli Psi Hydraulics Private Limited, buy the company report.
Financials of Manuli Psi Hydraulics Private Limited
FY 2021 filings availableManuli Psi Hydraulics Private Limited reported revenue of ₹52.15 Cr (up 26% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 26% growth in the latest year. EBITDA rose 91% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹52.15 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.71 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 5.2% | ||||
| 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 Manuli Psi Hydraulics Private Limited, buy the company report.
Board of directors of Manuli Psi Hydraulics Private Limited
Manuli Psi Hydraulics has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Luca Coccioli | Director | 19 May 2016 | 10 Years 5 Months | As last reported |
| Prashant Sadanand Shanbhag | Director | 05 Sep 2019 | 7 Years 1 Months | As last reported |
| Franco Gerla | Director | 19 May 2016 | 10 Years 5 Months | As last reported |
Peer comparison
Manuli Psi Hydraulics Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Hydraulic Equipment), with 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 |
|---|---|---|---|---|---|---|
| Deccan Hydraulics Private Limited | ₹57.92 Cr (FY 2024) | 14.0% | Bangarpet, Karnataka, India | |||
| Manuli Psi Hydraulics Private Limitedthis company | ₹52.15 Cr (FY 2021) | ₹2.71 Cr | 5.2% | 26.0% | 68 | Bangalore, Karnataka, India |
| Future Mining Tools Private Limited | ₹50.19 Cr (FY 2025) | 6.0% | Supa, Maharashtra, India | |||
| Newtec Hydraulics Private Limited | ₹50.14 Cr (FY 2024) | -6.0% | Sriperumbudur, Tamil Nadu, India |
To see the full peer comparison of Manuli Psi Hydraulics Private Limited, buy the company report.
Auditor
Manuli Psi Hydraulics Private Limited is audited by A B S & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A B S & CO | FY 2021 | 008203S |
Shareholding
The shareholding of Manuli Psi Hydraulics Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Manuli Psi Hydraulics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2015 | 10571650 | State Bank of India | ₹2.55 Cr | Satisfied |
To see the full charge records of Manuli Psi Hydraulics Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Manuli Psi Hydraulics Private Limited has 1 deal on record (1 acquisition); the latest was in September 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Acquisition | Undisclosed | Buyer: Manuli Rubber Industries S.p.A. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Manuli Psi Hydraulics Private Limited has 4 court cases on record: 2 filed by Manuli Psi Hydraulics, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (MFA) | Filed by the company against M/S JCBL Marrel Tippers Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (APPL) | Filed against the company by an individual | Disposed |
| NCLT, Bengaluru | Court case (C.P.(CAA)) | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Manuli Psi Hydraulics 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 Manuli Psi Hydraulics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Manuli Psi Hydraulics Private Limited has a workforce of 68 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Manuli Psi Hydraulics has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCP4223D1ZQ | Karnataka | Active | 01 Jul 2017 |
| 08AACCP4223D1ZU | Rajasthan | Active | 01 Jul 2017 |
| 24AACCP4223D1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manuli Psi Hydraulics Private Limited, buy the company report.
Recent activity
Manuli Psi Hydraulics Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Dhondo Venkatesh ceased to be Managing Director on 16 Dec 2019.
Frequently asked questions
Manuli Psi Hydraulics has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Manuli Psi Hydraulics was a private limited company based in Bangalore, Karnataka, India. The company worked in hydraulic machinery and equipment, within the machinery and equipment industry. It was incorporated on 06 April 1995 and is registered under CIN U02413KA1995PTC017571. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Manuli Psi Hydraulics was incorporated on 06 April 1995. It is registered with the Registrar of Companies, Bangalore.
Manuli Psi Hydraulics had 3 directors:
- Luca Coccioli - Director
- Prashant Sadanand Shanbhag - Director
- Franco Gerla - Director
The CIN (Corporate Identification Number) of Manuli Psi Hydraulics is U02413KA1995PTC017571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Manuli Psi Hydraulics is at A – 111 & 112 3rd Main 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058.
Manuli Psi Hydraulics can be reached through the website psihydraulics.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Manuli Psi Hydraulics on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Manuli Psi Hydraulics is 29AACCP4223D1ZQ, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 08AACCP4223D1ZU (Rajasthan), 24AACCP4223D1Z0 (Gujarat).
Manuli Psi Hydraulics operated in the machinery and equipment industry, in the hydraulic machinery and equipment segment.
Manuli Psi Hydraulics has 1 deal on record (1 acquisition); the latest was in September 2016.