About Pace Printers Private Limited
Data last updated:
Pace Printers Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the commercial printing services segment of the media and publishing sector. It was incorporated on 18 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22200MH1997PTC112539. Its GSTIN is 27AAACP9096L1ZQ (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Sandeep Ramkrishna Chitale and Harshad Ramkrishna Chitale.
Its last annual general meeting (AGM) was held on 17 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.64 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹2.48 Cr (net margin -28.7%) and EBITDA of -₹1.16 Cr (EBITDA margin -13.4%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 9% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.38 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paceprinters.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No B 42 – 1 Additional MIDC Anandnagar Ambarn, Ath, Thane, Maharashtra, India – 421506
- IndustryMedia and Publishing, Commercial Printing Services
- 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
- One PDF report, delivered after checkout
Business Activity of Pace Printers Private Limited
The main business activity of Pace Printers is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Pace Printers Private Limited FY 2024 filings available
Pace Printers Private Limited reported revenue of ₹8.64 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Pace Printers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 9% fall in the latest year. EBITDA fell 190% 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 of Pace Printers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹1.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.48 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 of Pace Printers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -28.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pace Printers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Pace Printers Private Limited
Pace Printers Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Commercial Printing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Slick Mica Private Limited | ₹8.73 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Ahmedabad, Gujarat, India |
| Nagpur Textiles Private Limited | ₹8.73 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Nagpur, Maharashtra, India |
| Globe Pharma Publications Private Limited | ₹8.71 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Mumbai, Maharashtra, India |
| Encode Printers Private Limited | ₹8.69 Cr (FY 2025) | •••• | •••• | 1001.0% | •••• | Jalandhar - I, Punjab, India |
| New Model Impex Private Limited | ₹8.67 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Pace Printers Private Limited this company | ₹8.64 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Thane, Maharashtra, India |
| BRK Printing and Packaging Private Limited | ₹8.62 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Delhi, India |
| Indy Print Pack Private Limited | ₹8.6 Cr (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Accurate Graphics Private Limited | ₹8.58 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Mumbai, Maharashtra, India |
| Pixel 2 Print Private Limited | ₹8.58 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Madurai, Tamil Nadu, India |
| Axescape India Private Limited | ₹8.55 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Pace Printers by revenue in the Media and Publishing industry (Commercial Printing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pace Printers Private Limited
Pace Printers Private Limited is audited by R T MOGHE & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R T MOGHE & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Pace Printers Private Limited
Pace Printers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Ramkrishna Chitale Also directs: Siddhivinayak Healthcare Private Limited | Director | 18 Dec 1997 | 28 Years 9 Months | Current |
| Harshad Ramkrishna Chitale Also directs: Siddhivinayak Healthcare Private Limited | Director | 18 Dec 1997 | 28 Years 9 Months | Current |
Ownership and Shareholding of Pace Printers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pace Printers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2022 | Others | ₹74 Lakh | Open |
| 19 May 2018 | Others | ₹6 Cr | Open |
| 18 May 2018 | Others | ₹76.57 Lakh | Open |
| 23 Feb 2018 | Others | ₹2.2 Cr | Open |
| 10 Feb 2011 | Nkgsb Co-Op. Bank Ltd. | ₹45 Lakh | Open |
Total charge records: 14 View all charges
Legal Cases of Pace Printers Private Limited
Pace Printers Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Civil suit | Filed against the company by Boettcher (India) Private Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Pace Printers Private Limited
Pace Printers Private Limited has a workforce of 32 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Pace Printers Private Limited
Pace Printers Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Harshad Ramkrishna Chitale was appointed as Director on 18 Dec 1997.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pace Printers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pace Printers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pace Printers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pace Printers Private Limited
Pace Printers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP9096L1ZQ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pace Printers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pace Printers Private Limited
Pace Printers is an active private limited company based in Thane, Maharashtra, India. The company works in commercial printing services, within the media and publishing industry. It was incorporated on 18 December 1997 (29+ years old) and is registered under CIN U22200MH1997PTC112539.
Pace Printers reported revenue of ₹8.64 Cr for FY 2024 (down 9% YoY).
Pace Printers has 2 current directors:
- Sandeep Ramkrishna Chitale - Director
- Harshad Ramkrishna Chitale - Director
Pace Printers reported a net loss of ₹2.48 Cr (net margin -28.7%) and EBITDA of -₹1.16 Cr (EBITDA margin -13.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pace Printers is -4% over three years and -9% over five years. In the latest year (FY 2024) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pace Printers is 27AAACP9096L1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pace Printers is U22200MH1997PTC112539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Printers has 3 court cases on record: 3 filed against it.
Pace Printers was incorporated on 18 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pace Printers by revenue are Slick Mica Private Limited, Nagpur Textiles Private Limited, Globe Pharma Publications Private Limited, Encode Printers Private Limited, New Model Impex Private Limited and 5 more, all in the Media and Publishing industry (Commercial Printing).
Harshad Ramkrishna Chitale was appointed as Director on 18 Dec 1997. Sandeep Ramkrishna Chitale was appointed as Director on 18 Dec 1997.