India's Richest People 2026 edition · 1 director · Source: Hurun India
- #571 Vinodchandra Doshi & family ₹5,900 Cr
Palanpur Engineering and Fabrications Ltd
Palanpur Engineering and Fabrications Ltd - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Public Limited Company engineering
Revenue · FY 2024
₹93.62 Cr
▼ 2% YoY
Net profit · FY 2024
₹9.73 Cr
Net margin 10.4%
EBITDA · FY 2024
₹14.51 Cr
EBITDA margin 15.5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹2.6 Cr
Secured borrowings
Company age
39 yrs
Est. 1987
Directors on board
5
As per MCA filings
About Palanpur Engineering and Fabrications Ltd
Data last updated:
Palanpur Engineering and Fabrications Ltd is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Echjay Industries Private Limited. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 07 January 1987 and has been in existence for over 39 years.
Its director Vinodchandra Doshi and family are #571 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28900MH1987PLC042139. Its GSTIN is 27AAACP7692J1ZW (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Palanpur Engineering and Fabrications Pvt Ltd. It is led by directors including Deven Vinodchandra Doshi and Paras Vinodchandra Doshi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 83 Bajaj Bhavan Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹93.62 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹9.73 Cr (net margin 10.4%) and EBITDA of ₹14.51 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹2.6 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U28900MH1987PLC042139
Registration Number 042139
Incorporation Date 07 January 1987
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Echjay Industries Private Limited
Compliance Status Active Compliant
CIN history
Palanpur Engineering and Fabrications has one previous CIN (Corporate Identification Number): L28900MH1987PLC042139. The current CIN is U28900MH1987PLC042139, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28900MH1987PLC042139 | Current |
| L28900MH1987PLC042139 | Previous |
Key People
Deven Vinodchandra Doshi Director Paras Vinodchandra Doshi Director Vinodchandra Harilal Doshi Director Recognitions & Rankings of Palanpur Engineering and Fabrications
Contact details
Palanpur Engineering and Fabrications Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address83 Bajaj Bhavan Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Palanpur Engineering and Fabrications Ltd, buy the company report.
Comprehensive company report
Palanpur Engineering and Fabrications Ltd - 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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Business activity
The main business activity of Palanpur Engineering and Fabrications is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Palanpur Engineering and Fabrications Ltd, buy the company report.
Financials of Palanpur Engineering and Fabrications Ltd
FY 2025 filings availablePalanpur Engineering and Fabrications Ltd reported revenue of ₹93.62 Cr (down 2% YoY) for FY 2024.
Revenue · FY 2024
₹93.62 Cr ▼ 2%
Net profit · FY 2024
₹9.73 Cr margin 10.4%
EBITDA · FY 2024
₹14.51 Cr margin 15.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 24%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 7%
5 years · compounded
▲ 43%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 12% 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 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 | ₹14.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.73 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | 10.4% | ||||
| 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 Palanpur Engineering and Fabrications Ltd, buy the company report.
Board of directors of Palanpur Engineering and Fabrications Ltd
Palanpur Engineering and Fabrications has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deven Vinodchandra Doshi | Director | 27 Jun 1988 | 38 Years 3 Months | Current |
| Paras Vinodchandra Doshi | Director | 27 Jun 1988 | 38 Years 3 Months | Current |
| Vinodchandra Harilal Doshi | Director | 27 Jun 1988 | 38 Years 3 Months | Current |
| Monika Paras Doshi Also directs: Bombay Gymkhana Limited | Director | 20 Aug 1992 | 34 Years 2 Months | Current |
| Sachi Deven Doshi | Director | 20 Aug 1992 | 34 Years 2 Months | Current |
Peer comparison
Palanpur Engineering and Fabrications Ltd is compared with the 5 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Forming India Private Limited | ₹94.79 Cr (FY 2025) | -4.0% | Pune, Maharashtra, India | |||
| LGB Forge Limited | ₹94.75 Cr (FY 2025) | 5.0% | Coimbatore, Tamil Nadu, India | |||
| Palanpur Engineering and Fabrications Ltdthis company | ₹93.62 Cr (FY 2024) | ₹9.73 Cr | 10.4% | -2.0% | Mumbai, Maharashtra, India | |
| Samraj Engineering Controls Private Limited | ₹93.59 Cr (FY 2024) | 19.0% | Sriperumpudur, Tamil Nadu, India | |||
| Polyhose Sato-Shoji Metal Works Private Limited | ₹92.95 Cr (FY 2025) | 42.0% | Chennai, Tamil Nadu, India | |||
| Magod Laser Machining Private Limited | ₹92.8 Cr (FY 2025) | 5.0% | Anekal, Karnataka, India |
To see the full peer comparison of Palanpur Engineering and Fabrications Ltd, buy the company report.
Auditor
Palanpur Engineering and Fabrications Ltd is audited by RSVA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RSVA & CO | FY 2023 | 110504W |
Shareholding
The shareholding of Palanpur Engineering and Fabrications Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palanpur Engineering and Fabrications Ltd, buy the company report.
Charges & borrowings
Open charges
₹2.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 1988 | 90221525 | Others | ₹2.6 Cr | Open |
To see the full charge records of Palanpur Engineering and Fabrications Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Palanpur Engineering and Fabrications Ltd has 1 court case on record: 1 filed by Palanpur Engineering and Fabrications. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
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, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Palanpur Engineering and Fabrications Ltd, 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 Palanpur Engineering and Fabrications Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palanpur Engineering and Fabrications has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP7692J1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palanpur Engineering and Fabrications Ltd, buy the company report.
Recent activity
Palanpur Engineering and Fabrications Ltd has 6 board changes on record since 1988: 5 appointments and 1 cessation. The latest: Jitendra Nimchand Shah ceased to be Director on 25 Jan 2025.
AGM
Palanpur Engineering And Fabrications Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Palanpur Engineering And Fabrications Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Jitendra Nimchand Shah ceased to be Director.
Charges
A charge with Others of Rs. 260.00 Lakh registered on 25 Oct 1988 with Charge ID 90221525 was modified on 03 Jun 2016.
Appointed
Monika Paras Doshi was appointed as Director.
Appointed
Sachi Deven Doshi was appointed as Director.
Charges
A charge with Others amounted to Rs. 260.00 Lakh with Charge ID 90221525 was registered on 25 Oct 1988.
Appointed
Deven Vinodchandra Doshi was appointed as Director.
Appointed
Paras Vinodchandra Doshi was appointed as Director.
Appointed
Vinodchandra Harilal Doshi was appointed as Director.
Incorporation
07 Jan 1987
Palanpur Engineering And Fabrications Ltd was registered on 07 Jan 1987 with Roc Mumbai I & aged 39 years 9 months as per MCA records.
Frequently asked questions
Palanpur Engineering and Fabrications is an active public limited company based in Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 07 January 1987 (39+ years old) and is registered under CIN U28900MH1987PLC042139.
Palanpur Engineering and Fabrications has 5 current directors:
- Deven Vinodchandra Doshi - Director
- Paras Vinodchandra Doshi - Director
- Vinodchandra Harilal Doshi - Director
- Monika Paras Doshi - Director
- Sachi Deven Doshi - Director
The latest financial statements of Palanpur Engineering and Fabrications on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Palanpur Engineering and Fabrications is 27AAACP7692J1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Palanpur Engineering and Fabrications is U28900MH1987PLC042139. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palanpur Engineering and Fabrications has 1 court case on record: 1 filed by the company.
Palanpur Engineering and Fabrications was incorporated on 07 January 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Palanpur Engineering and Fabrications by revenue are Forming India Private Limited, LGB Forge Limited, Samraj Engineering Controls Private Limited, Polyhose Sato-Shoji Metal Works Private Limited, Magod Laser Machining Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).
Jitendra Nimchand Shah ceased to be Director on 25 Jan 2025. Monika Paras Doshi was appointed as Director on 20 Aug 1992. Sachi Deven Doshi was appointed as Director on 20 Aug 1992. Palanpur Engineering and Fabrications has 6 board changes on record in total.
The registered office of Palanpur Engineering and Fabrications is at 83 Bajaj Bhavan Nariman Point, Mumbai, Maharashtra, India – 400021.
Palanpur Engineering and Fabrications operates in the engineering industry, in the metal foundry and fabrication services segment.