Startup India Government of India
Paarkadel Ballast Technology Private Limited - automotive in Thane, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2021
₹24.67 Lakh
▼ 56% YoY
Net loss · FY 2021
₹29.67 Lakh
Net margin -120.3%
EBITDA · FY 2021
-₹29.28 Lakh
EBITDA margin -118.7%
Authorised capital
₹5.53 Cr
Registered with MCA
Paid-up capital
₹5.51 Cr
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Paarkadel Ballast Technology Private Limited
Data last updated:
Paarkadel Ballast Technology Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 17 February 2017.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC291377. Its GSTIN is 27AAICP9862C1Z3 (Maharashtra).
The company had an authorised share capital of ₹5.53 Cr and a paid-up capital of ₹5.51 Cr. It was led by directors Puddukarai Srinivasan Ramachandran (Managing Director) and Lalitha Ramachandran.
Its last annual general meeting (AGM) was held on 20 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 202 M.V. Everest Ravi Indl Comp Bhakti Mandir, Thane, Maharashtra, India – 400602.
As per the financials filed for FY 2021, the company reported a revenue of ₹24.67 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹29.67 Lakh (net margin -120.3%) and EBITDA of -₹29.28 Lakh (EBITDA margin -118.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is paarkadel.com.
Company details
CIN U74999MH2017PTC291377
Registration Number 291377
Incorporation Date 17 February 2017
ROC Mumbai
Listing Status Unlisted
Company Status Dissolved Under Section 59(8)
Date of Last AGM 20 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Paarkadel Ballast Technology
Contact details
Paarkadel Ballast Technology Private Limited's registered office is in Thane, Maharashtra. Its website is paarkadel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address202 M.V. Everest Ravi Indl Comp Bhakti Mandir, Thane, Maharashtra, India – 400602
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Paarkadel Ballast Technology Private Limited, buy the company report.
Comprehensive company report
Paarkadel Ballast Technology Private Limited - one report that includes everything
- 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
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Financials of Paarkadel Ballast Technology Private Limited
FY 2021 filings availablePaarkadel Ballast Technology Private Limited reported revenue of ₹24.67 Lakh (down 56% YoY) for FY 2021.
Revenue · FY 2021
₹24.67 Lakh ▼ 56%
Net loss · FY 2021
₹29.67 Lakh margin -120.3%
EBITDA · FY 2021
-₹29.28 Lakh margin -118.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 56%
3 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 40%
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 56% fall in the latest year. EBITDA rose 44% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹29.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹29.67 Lakh | ||||
| 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 | -118.7% | ||||
| Net Profit Margin | -120.3% | ||||
| 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 Paarkadel Ballast Technology Private Limited, buy the company report.
Board of directors of Paarkadel Ballast Technology Private Limited
Paarkadel Ballast Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puddukarai Srinivasan Ramachandran Also directs: Ell Ess Engineering Private Limited | Managing Director | 17 Feb 2017 | 9 Years 8 Months | As last reported |
| Lalitha Ramachandran Also directs: Ell Ess Engineering Private Limited | Director | 17 Feb 2017 | 9 Years 8 Months | As last reported |
Peer comparison
Paarkadel Ballast Technology Private Limited is compared with the 10 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Autogenic Engineers Private Limited | ₹24.97 Lakh (FY 2019) | 81.0% | Bangalore, Karnataka, India | |||
| Aqtar Al-Khaleej Trading India Private Limited | ₹24.97 Lakh (FY 2016) | New Delhi, Delhi, India | ||||
| Baaz Headgears Private Limited | ₹24.89 Lakh (FY 2020) | 420.0% | Delhi, India | |||
| Luxurious Car Seats Private Limited | ₹24.85 Lakh (FY 2025) | 9.0% | Nabha, Punjab, India | |||
| Venus Engineering Components Private Limited | ₹24.76 Lakh (FY 2025) | 49.0% | Hyderabad, Telangana, India | |||
| Paarkadel Ballast Technology Private Limitedthis company | ₹24.67 Lakh (FY 2021) | -₹29.67 Lakh | -120.3% | -56.0% | Thane, Maharashtra, India | |
| Autotriz Multi Trade Private Limited | ₹24.59 Lakh (FY 2024) | -50.0% | Pune, Maharashtra, India | |||
| K & K Craftsman Private Limited | ₹24.49 Lakh (FY 2020) | Shiroli Pullachi, Maharashtra, India | ||||
| Daejin Automotive India Private Limited | ₹24.45 Lakh (FY 2024) | -93.0% | Maraimalai Nagar, Tamil Nadu, India | |||
| Pacfil Udyog Private Limited | ₹24.29 Lakh (FY 2025) | -45.0% | Derra Bassi, Punjab, India | |||
| Kalyan Rubber Private Limited | ₹24.24 Lakh (FY 2025) | -30.0% | Thane, Maharashtra, India |
To see the full peer comparison of Paarkadel Ballast Technology Private Limited, buy the company report.
Auditor
Paarkadel Ballast Technology Private Limited is audited by C V K & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C V K & ASSOCIATES | FY 2019 | 101745W |
Shareholding
The shareholding of Paarkadel Ballast Technology Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Paarkadel Ballast Technology Private Limited, buy the company report.
Legal cases
Paarkadel Ballast Technology Private Limited has 1 court case on record: 1 filed by Paarkadel Ballast Technology. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Paarkadel Ballast Technology 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 Paarkadel Ballast Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paarkadel Ballast Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP9862C1Z3 | Maharashtra | Active | 14 Jul 2017 |
To see the full GST registrations and return filing status of Paarkadel Ballast Technology Private Limited, buy the company report.
Recent activity
Paarkadel Ballast Technology Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Puddukarai Srinivasan Ramachandran ceased to be Director on 20 Feb 2017.
AGM
Paarkadel Ballast Technology Private Limited last Annual general meeting of members was held on 20 Nov 2021 as per latest MCA records.
Filing
Paarkadel Ballast Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
Ceased
Puddukarai Srinivasan Ramachandran ceased to be Director.
Appointed
Lalitha Ramachandran was appointed as Director.
Appointed
Puddukarai Srinivasan Ramachandran was appointed as Managing Director.
Incorporation
17 Feb 2017
Paarkadel Ballast Technology Private Limited was registered on 17 Feb 2017 with Roc Mumbai & aged 9 years 8 months as per MCA records.
Frequently asked questions
Paarkadel Ballast Technology has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Paarkadel Ballast Technology was a private limited company based in Thane, Maharashtra, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 17 February 2017 and is registered under CIN U74999MH2017PTC291377. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Paarkadel Ballast Technology was incorporated on 17 February 2017. It is registered with the Registrar of Companies, Mumbai.
Paarkadel Ballast Technology had 2 directors:
- Puddukarai Srinivasan Ramachandran - Managing Director
- Lalitha Ramachandran - Director
The CIN (Corporate Identification Number) of Paarkadel Ballast Technology is U74999MH2017PTC291377. 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 Paarkadel Ballast Technology is at 202 M.V. Everest Ravi Indl Comp Bhakti Mandir, Thane, Maharashtra, India – 400602.
Yes, Paarkadel Ballast Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Paarkadel Ballast Technology can be reached through the website paarkadel.com. Its registered office is in Thane, Maharashtra, India.
The latest financial statements of Paarkadel Ballast Technology on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 20 November 2021. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Paarkadel Ballast Technology is 27AAICP9862C1Z3, registered in Maharashtra.
Paarkadel Ballast Technology operated in the automotive industry, in the auto parts and components segment.
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