About P.S.Earthmovers Private Limited
Data last updated:
P.S.Earthmovers Private Limited is a private limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 24 March 2006.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29244WB2006PTC108701. Its GSTIN is 11AADCP8704A1Z2 (Sikkim). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹98.33 Lakh. It is led by directors including Pradip Kumar Daam (Managing Director) and Rupasree Daam.
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 is at 40/2/1Z Lake Rd, Kolkata, West Bengal, India – 700029.
As per the financials filed for FY 2021, the company reported a revenue of ₹97.5 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹65.51 Lakh (net margin 0.7%) and EBITDA of ₹4.64 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 41% over five years.
The company has about 125 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24 Cr and satisfied charges of ₹42 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹89 Lakh; the latest was in February 2019. Its 4 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is Prakash Auto Pvt Ltd with revenue of ₹97.75 Cr.
The last known website on record is psempl.co.in.
Company details
CIN history
P.S.Earthmovers has one previous CIN (Corporate Identification Number): U29244WB2003PTC108701. The current CIN is U29244WB2006PTC108701, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29244WB2006PTC108701 | Current |
| U29244WB2003PTC108701 | Previous |
Contact details
P.S.Earthmovers Private Limited's registered office is in Kolkata, West Bengal. Its website is psempl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address40/2/1Z Lake Rd, Kolkata, West Bengal, India – 700029
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of P.S.Earthmovers 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 activities of P.S.Earthmovers are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of P.S.Earthmovers Private Limited, buy the company report.
Financials of P.S.Earthmovers Private Limited
FY 2021 filings availableP.S.Earthmovers Private Limited reported revenue of ₹97.5 Cr (down 21% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 41%. EBITDA rose 49% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹97.5 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹65.51 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of P.S.Earthmovers Private Limited, buy the company report.
Board of directors of P.S.Earthmovers Private Limited
P.S.Earthmovers has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupasree Daam | Director | 24 Mar 2006 | 20 Years 7 Months | As last reported |
| Shaunak Daam | Director | 24 Mar 2006 | 20 Years 7 Months | As last reported |
| Manish Kumar Santosh Buchasia Also directs: Kushal Cotfab Private Limited | Irp/Rp/Liquidator | 23 Apr 2024 | 2 Years 6 Months | As last reported |
| Pradip Kumar Daam | Managing Director | 24 Mar 2006 | 20 Years 7 Months | As last reported |
Peer comparison
P.S.Earthmovers Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prakash Auto Pvt Ltd | ₹97.75 Cr (FY 2024) | -6.0% | Ulhasnagar, Maharashtra, India | |||
| Shriya Overseas Private Limited | ₹97.68 Cr (FY 2018) | -5.0% | Delhi, India | |||
| P.S.Earthmovers Private Limitedthis company | ₹97.5 Cr (FY 2021) | ₹65.51 Lakh | 0.7% | -21.0% | 125 | Kolkata, West Bengal, India |
| Rameswar Auto Electrical Private Limited | ₹97.31 Cr (FY 2025) | 3.0% | Chennai, Tamil Nadu, India | |||
| CLML Motors Private Limited | ₹97.11 Cr (FY 2024) | 20.0% | New Delhi, Delhi, India |
To see the full peer comparison of P.S.Earthmovers Private Limited, buy the company report.
Auditor
P.S.Earthmovers Private Limited is audited by DUTTA LAHIRI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DUTTA LAHIRI & CO | FY 2021 | 323938E |
Shareholding
The shareholding of P.S.Earthmovers 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 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of P.S.Earthmovers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2017 | 100115285 | State Bank of India | ₹21.5 Cr | Open | |
| 29 Jul 2008 | 10116855 | Tata Capital Limited | ₹2.5 Cr | Open | |
| 13 Jun 2012 | 10360610 | Hdfc Bank Limited | ₹11.75 Cr | Satisfied | |
| 11 May 2012 | 10354630 | Hdfc Bank Limited | ₹12 Cr | Satisfied | |
| 02 May 2012 | 10354631 | Hdfc Bank Limited | ₹11.75 Cr | Satisfied |
To see the full charge records of P.S.Earthmovers Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
P.S.Earthmovers Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹89 Lakh; the latest was in February 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2018 | Funding round | ₹40 Lakh | Investors: 2 individuals |
| Mar 2012 | Funding round | ₹6 Lakh | Investors: 2 individuals |
| Jan 2008 | Funding round | ₹34 Lakh | Investors: 4 individuals |
| Feb 2007 | Funding round | ₹9 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
P.S.Earthmovers Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East Singhbhum at Jamshedpur, Jharkhand | Criminal complaint | Filed against the company by Airways Logistics Pvt Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by State Bank of India | Pending |
| District court, Pakur, Jharkhand | Court case (Complaint Case (O)) | Filed against the company by State of Jharkhand | Disposed |
To see the full case history of P.S.Earthmovers 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.
Credit ratings & regulatory alerts
P.S.Earthmovers Private Limited was last rated by Crisil on 25 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Oct 2021 |
To see the full credit ratings and regulatory alerts of P.S.Earthmovers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for P.S.Earthmovers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
P.S.Earthmovers Private Limited has a workforce of 125 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
P.S.Earthmovers has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 11AADCP8704A1Z2 | Sikkim | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of P.S.Earthmovers Private Limited, buy the company report.
Recent activity
P.S.Earthmovers Private Limited has 7 board changes on record since 2006: 4 appointments and 3 cessations. The latest: Manish Kumar Santosh Buchasia was appointed as Irp/Rp/Liquidator on 23 Apr 2024.
10 earlier events are in the company report.
Frequently asked questions
P.S.Earthmovers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
P.S.Earthmovers is a company under insolvency, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 24 March 2006 and is registered under CIN U29244WB2006PTC108701. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
P.S.Earthmovers has 4 current directors:
- Pradip Kumar Daam - Managing Director
- Rupasree Daam - Director
- Shaunak Daam - Director
- Manish Kumar Santosh Buchasia - Irp/Rp/Liquidator
The latest financial statements of P.S.Earthmovers 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 CIN (Corporate Identification Number) of P.S.Earthmovers is U29244WB2006PTC108701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
P.S.Earthmovers has open charges of ₹24 Cr and satisfied charges of ₹42 Cr as per latest MCA filings.
P.S.Earthmovers has 3 court cases on record: 3 filed against it. 1 is pending.
P.S.Earthmovers was incorporated on 24 March 2006. It is registered with the Registrar of Companies, Kolkata.
P.S.Earthmovers has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹89 Lakh; the latest was in February 2019.
The peers of P.S.Earthmovers by revenue are Prakash Auto Pvt Ltd, Shriya Overseas Private Limited, Rameswar Auto Electrical Private Limited, CLML Motors Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading).
Manish Kumar Santosh Buchasia was appointed as Irp/Rp/Liquidator on 23 Apr 2024. Paulomi Daam ceased to be Director on 01 Apr 2021. Sanjib Bardhan ceased to be Whole-Time Director on 01 Feb 2019. P.S.Earthmovers has 7 board changes on record in total.