About Punj-Lloyd Limited
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Punj-Lloyd Limited is a public limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 26 September 1988.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1988PLC033314. Its GSTIN is 07AAACP0305Q1ZG (Delhi). The company holds 27 GST registrations, of which 19 are active. It is recorded as listed by MCA, but trading in its shares on BSE (532693) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹67.12 Cr. It was formerly known as Punj-Lloyd Engineering Private Limited.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Punj Lloyd House17 – 18 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2018, the company reported a revenue of ₹4,412.9 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹71.82 Cr (net margin -1.6%) and EBITDA of -₹52.67 Cr (EBITDA margin -1.2%).
The company has about 664 employees on its provident fund (EPFO) records. Its group structure includes 19 subsidiaries and 3 joint ventures.
The company is associated with 1 brand: Punj Lloyd Group. As per MCA filings, the company has open charges of ₹20,833 Cr and satisfied charges of ₹17,180 Cr on record. Court records list 646 cases involving the company, including 326 filed by the company and 320 filed against it; 55 cases are pending. The company has 19 deals on record (9 market trades, 6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,446.25 Cr; the latest was in February 2019.
The last known website on record is punjlloydgroup.com.
Company details
Name history
Punj-Lloyd has undergone 2 name changes throughout its history. The company was previously known as Punj Lloyd Limited, and Punj-Lloyd Engineering Private Limited. The current legal name is Punj-Lloyd Limited.
| Company Name | Status |
|---|---|
| Punj-Lloyd Limited | Current |
| Punj Lloyd Limited | Previous |
| Punj-Lloyd Engineering Private Limited | Previous |
CIN history
Punj-Lloyd has one previous CIN (Corporate Identification Number): U74899DL1988PLC033314. The current CIN is L74899DL1988PLC033314, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74899DL1988PLC033314 | Current |
| U74899DL1988PLC033314 | Previous |
Contact details
Punj-Lloyd Limited's registered office is in New Delhi, Delhi. Its website is punjlloydgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPunj Lloyd House17 – 18 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Punj-Lloyd 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
Punj-Lloyd operates one associated brand: Punj Lloyd Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| EPC services in energy and infrastructure are delivered internationally. | punjlloydgroup.com |
Business activity
The main business activities of Punj-Lloyd are construction, trade and support service to organizations. 5 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | |
| F | Construction | F2 | Roads, railways, Utility projects | |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | |
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Punj-Lloyd Limited, buy the company report.
Financials of Punj-Lloyd Limited
FY 2018 filings availablePunj-Lloyd Limited reported revenue of ₹4,412.9 Cr (down 10% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year. EBITDA fell 121% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹4,412.9 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹52.67 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹71.82 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1.2% | |||
| Net Profit Margin | -1.6% | |||
| 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 Punj-Lloyd Limited, buy the company report.
Board of directors and KMP of Punj-Lloyd Limited
Punj-Lloyd Limited currently reports 0 directors and 2 key managerial personnel. 29 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Punj Also directs: Jay Agroflora Pvt Ltd, PL Engineering Limited., Punj Lloyd Infrastructure Limited and 5 more | Ceo | 27 Oct 2018 | 7 Years 11 Months | As last reported |
| Rahul Maheshwari | Cfo | 27 May 2016 | 10 Years 4 Months | As last reported |
Auditor
Punj-Lloyd Limited is audited by BGJC & Associates LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BGJC & Associates LLP | FY 2018 | 003304N |
Shareholding
The shareholding of Punj-Lloyd Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Punj-Lloyd Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2016 | 100038484 | Others | ₹26.44 Cr | Open | |
| 21 May 2015 | 10574582 | Others | ₹10,395 Cr | Open | |
| 21 May 2015 | 10574583 | Others | ₹1,345.53 Cr | Open | |
| 27 Feb 2015 | 10551749 | L&T Infrastructure Finance Company Limited | ₹8 Cr | Open | |
| 08 Aug 2014 | 10514887 | Standard Chartered Bank | ₹21 Cr | Open |
To see the full charge records of Punj-Lloyd Limited, buy the company report.
Total charge records: 201 View all charges
Deals & funding
Punj-Lloyd Limited has 19 deals on record (9 market trades, 6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,446.25 Cr; the latest was in February 2019.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Market trade | ₹3.06 Cr | Buyer: JMP Securities Private Limited , J M Global Equities Private Limited , Multiplier Share and Stock Advisors Private Limited Seller: Ifci Limited , JMP Securities Private Limited , Multiplier Share and Stock Advisors Private Limited |
| Feb 2019 | Market trade | ₹87.4 Lakh | Buyer: Alpha Leon Enterprises LLP Seller: Ifci Limited , Alpha Leon Enterprises LLP |
| Feb 2019 | Market trade | ₹63.3 Lakh | Seller: Ifci Limited |
| Feb 2019 | Market trade | ₹38 Lakh | Seller: Ifci Limited |
| Jan 2019 | Market trade | ₹77.1 Lakh | Seller: Ifci Limited |
To see the full deal history of Punj-Lloyd 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
Punj-Lloyd Limited has 646 court cases on record: 326 filed by Punj-Lloyd, 320 filed against it. 55 cases are pending and 591 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 446 | 171 | 33 |
| District courts | 160 | 130 | 11 |
| Supreme Court | 40 | 19 | 11 |
Cases on record (5 of 646)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Raj Shipping Agencies Limited | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Indian Oil Corporation Limited | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against Bharat Petroleum Corporation Limited | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Indian Oil Corporation Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed against the company by Mangalore Refinery and Petrochemicals Limited | Pending |
To see the full case history of Punj-Lloyd 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 Punj-Lloyd Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Punj-Lloyd has 19 subsidiary companies, 3 joint ventures, and 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Punj Lloyd Upstream Limited | U11100DL2007PLC161686 | |
| Punj Lloyd Solar Power Limited | U40106DL2010PLC211739 | |
| PL Surya Urja Limited | U40106DL2013PLC257153 | |
| PL Sunshine Limited | U40106DL2015PLC277555 | |
| PL Surya Vidyut Limited | U40300DL2015PLC287282 | |
| Ndraprastha Metropolitan Development Limited | U45200DL2012PLC232075 |
To see the full group structure of Punj-Lloyd Limited, buy the company report.
Employees & EPFO
Punj-Lloyd Limited has a workforce of 664 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
Punj-Lloyd has 27 GST registrations: 19 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP0305Q1ZG | Delhi | Active | 01 Jul 2017 |
| 03AAACP0305Q1ZO | Punjab | Active | 01 Jul 2017 |
| 06AAACP0305Q1ZI | Haryana | Active | 01 Jul 2017 |
| 09AAACP0305Q1ZC | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Punj-Lloyd Limited, buy the company report.
Recent activity
Punj-Lloyd Limited has 58 board changes on record since 1994: 30 appointments and 28 cessations. The latest: Dinesh Thairani ceased to be Company Secretary on 08 Mar 2019.
434 earlier events are in the company report.
News
Frequently asked questions
Punj-Lloyd is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Punj-Lloyd is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 26 September 1988 and is registered under CIN L74899DL1988PLC033314. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Punj-Lloyd has 2 current directors and KMP:
- Atul Punj - Ceo
- Rahul Maheshwari - Cfo
The latest financial statements of Punj-Lloyd on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Punj-Lloyd is L74899DL1988PLC033314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Punj-Lloyd is recorded as a listed company by MCA, but trading in its shares on BSE (532693) has been suspended, so they do not currently trade on a stock exchange.
Punj-Lloyd has open charges of ₹20,833 Cr and satisfied charges of ₹17,180 Cr as per latest MCA filings.
Punj-Lloyd has 646 court cases on record: 326 filed by the company and 320 filed against it. 55 are pending. Most are in the high courts.
Punj-Lloyd was incorporated on 26 September 1988. It is registered with the Registrar of Companies, Delhi.
Punj-Lloyd has 19 deals on record (9 market trades, 6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,446.25 Cr; the latest was in February 2019.