Mesco Precision (India) Private Limited
About Mesco Precision (India) Private Limited
Data last updated:
Mesco Precision (India) Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 11 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29268MH2009PTC197017. The company has 1 GST registration on record, which is no longer active.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 ₹5 Lakh. It is led by directors including Jagdish Narayan Mestry and Atul Jagdish Mestry.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Unit No.6 Patel Industrial Estate No.1 Navghar Vasai (E), Maharashtra, India – 401210.
As per the financials filed for FY 2016, the company reported a revenue of ₹17.59 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹93,084 (net margin 5.3%) and EBITDA of ₹2.35 Lakh (EBITDA margin 13.4%).
As per MCA filings, the company has open charges of ₹6 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Mesco Precision (India) Private Limited's registered office is in Vasai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No.6 Patel Industrial Estate No.1 Navghar Vasai (E), Maharashtra, India – 401210
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Mesco Precision (India) 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 Mesco Precision (India) 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 Mesco Precision (India) Private Limited, buy the company report.
Financials of Mesco Precision (India) Private Limited
FY 2016 filings availableMesco Precision (India) Private Limited reported revenue of ₹17.59 Lakh (down 30% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year. EBITDA rose 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹17.59 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.35 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹93,084 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.4% | |
| Net Profit Margin | 5.3% | |
| 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 Mesco Precision (India) Private Limited, buy the company report.
Board of directors of Mesco Precision (India) Private Limited
Mesco Precision (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdish Narayan Mestry | Director | 11 Nov 2009 | 16 Years 11 Months | Current |
| Atul Jagdish Mestry | Director | 11 Nov 2009 | 16 Years 11 Months | Current |
| Akshay Jagadish Mestry | Director | 11 Nov 2009 | 16 Years 11 Months | Current |
Auditor
Mesco Precision (India) Private Limited is audited by ANKUSH J MESTRY & COMPANY for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANKUSH J MESTRY & COMPANY | FY 2016 | 128421W |
Shareholding
The shareholding of Mesco Precision (India) Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mesco Precision (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2010 | 10255329 | Nkgsb Co-Op. Bank Ltd. | ₹6 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mesco Precision (India) 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 Mesco Precision (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mesco Precision (India) 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 Mesco Precision (India) Private Limited, buy the company report.
Recent activity
Mesco Precision (India) Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Akshay Jagadish Mestry was appointed as Director on 11 Nov 2009.
Frequently asked questions
Mesco Precision (India) is an active private limited company based in Vasai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 11 November 2009 (17+ years old) and is registered under CIN U29268MH2009PTC197017.
Mesco Precision (India) has 3 current directors:
- Jagdish Narayan Mestry - Director
- Atul Jagdish Mestry - Director
- Akshay Jagadish Mestry - Director
The latest financial statements of Mesco Precision (India) on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Mesco Precision (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mesco Precision (India) is U29268MH2009PTC197017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mesco Precision (India) was incorporated on 11 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Akshay Jagadish Mestry was appointed as Director on 11 Nov 2009. Atul Jagdish Mestry was appointed as Director on 11 Nov 2009. Jagdish Narayan Mestry was appointed as Director on 11 Nov 2009.
The registered office of Mesco Precision (India) is at Unit No.6 Patel Industrial Estate No.1 Navghar Vasai E, Maharashtra, India – 401210.
Mesco Precision (India) operates in the machinery and equipment industry, in the industrial tools and components segment.
Mesco Precision (India) has open charges of ₹6 Lakh and no satisfied charges on record as per latest MCA filings.
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