About Orient Precision Engineering Private Limited
Data last updated:
Orient Precision Engineering Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Western India Forgings 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 metal foundry and fabrication services segment of the engineering sector. It was incorporated on 22 February 2007.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2007PTC129632. Its GSTIN is 27AAACO9580E1Z9 (Maharashtra).
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹9.93 Lakh. It was led by directors Arun Krishankumar Jindal and Shubham Arun Jindal.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Plot No. 26 Wmdc Village. Kharabwadi Ambethan Road Chakan, Pune, Maharashtra, India – 410501.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.32 Cr, a growth of 121% compared to the previous year. For the same year it recorded a net loss of ₹22.71 Lakh (net margin -9.8%) and EBITDA of -₹8.46 Lakh (EBITDA margin -3.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over five years.
The company had about 9 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹2.35 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is westernindiaforgings.com.
Company details
Contact details
Orient Precision Engineering Private Limited's registered office is in Pune, Maharashtra. Its website is westernindiaforgings.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 26 Wmdc Village. Kharabwadi Ambethan Road Chakan, Pune, Maharashtra, India – 410501
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Orient Precision Engineering 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 Orient Precision Engineering is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Orient Precision Engineering Private Limited, buy the company report.
Financials of Orient Precision Engineering Private Limited
FY 2021 filings availableOrient Precision Engineering Private Limited reported revenue of ₹2.32 Cr (up 121% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 121% growth in the latest year. EBITDA rose 73% 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 | ₹2.32 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.71 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | -3.6% | ||||
| Net Profit Margin | -9.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Orient Precision Engineering Private Limited, buy the company report.
Board of directors of Orient Precision Engineering Private Limited
Orient Precision Engineering has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Krishankumar Jindal | Director | 12 May 2016 | 10 Years 5 Months | As last reported |
| Shubham Arun Jindal Also directs: Kran Rader Infra LLP, Western India Forgings Pvt Ltd | Director | 21 Nov 2019 | 6 Years 11 Months | As last reported |
Auditor
Orient Precision Engineering Private Limited is audited by GOKHALE TANKSALE & GHATPANDE for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOKHALE TANKSALE & GHATPANDE | FY 2021 | 103277W |
Shareholding
The shareholding of Orient Precision Engineering 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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Orient Precision Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2007 | 10075831 | Bank of Baroda | ₹2.35 Cr | Satisfied |
To see the full charge records of Orient Precision Engineering Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Orient Precision Engineering Private Limited has 1 court case on record: 1 filed by Orient Precision Engineering. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M.A.-IDA-Reston.) | Filed by the company against an individual | Disposed |
To see the full case history of Orient Precision Engineering 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 Orient Precision Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Orient Precision Engineering Private Limited has a workforce of 9 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Orient Precision Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO9580E1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Orient Precision Engineering Private Limited, buy the company report.
Recent activity
Orient Precision Engineering Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Shubham Arun Jindal ceased to be Additional Director on 23 Dec 2020.
2 earlier events are in the company report.
Frequently asked questions
Orient Precision Engineering 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.
Orient Precision Engineering was a private limited company based in Pune, Maharashtra, India. The company worked in metal foundry and fabrication services, within the engineering industry. It was incorporated on 22 February 2007 and is registered under CIN U29299PN2007PTC129632. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Orient Precision Engineering was incorporated on 22 February 2007. It is registered with the Registrar of Companies, Pune.
Orient Precision Engineering had 2 directors:
- Arun Krishankumar Jindal - Director
- Shubham Arun Jindal - Director
The CIN (Corporate Identification Number) of Orient Precision Engineering is U29299PN2007PTC129632. 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 Orient Precision Engineering is at Plot No. 26 Wmdc Village. Kharabwadi Ambethan Road Chakan, Pune, Maharashtra, India – 410501.
Orient Precision Engineering can be reached through the website westernindiaforgings.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Orient Precision Engineering on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Orient Precision Engineering is 27AAACO9580E1Z9, registered in Maharashtra.
Orient Precision Engineering operated in the engineering industry, in the metal foundry and fabrication services segment.