Palus Engineering Industries Private Limited
About Palus Engineering Industries Private Limited
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Palus Engineering Industries Private Limited is a private limited company based in Sangli, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 08 April 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29300PN1982PTC026880. Its GSTIN is 27AABCP2244H1ZM (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Jyotsna Vitthalrao Yesugade and Nilesh Vitthalrao Yesugade.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 86 91 Industrial Estate Palus, Sangli, Maharashtra, India – 416310.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.04 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Lakh (net margin 0.4%) and EBITDA of ₹69.26 Lakh (EBITDA margin 17.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹8.1 Cr and satisfied charges of ₹4.15 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Palus Engineering Industries has one previous CIN (Corporate Identification Number): U29300MH1982PTC026880. The current CIN is U29300PN1982PTC026880, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29300PN1982PTC026880 | Current |
| U29300MH1982PTC026880 | Previous |
Contact details
Palus Engineering Industries Private Limited's registered office is in Sangli, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 86 91 Industrial Estate Palus, Sangli, Maharashtra, India – 416310
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Palus Engineering Industries 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 Palus Engineering Industries 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 Palus Engineering Industries Private Limited, buy the company report.
Financials of Palus Engineering Industries Private Limited
FY 2025 filings availablePalus Engineering Industries Private Limited reported revenue of ₹4.04 Cr (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 28% fall in the latest year. EBITDA fell 33% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹69.26 Lakh | ||||
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| Net Profit (PAT) | ₹1.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.1% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Palus Engineering Industries Private Limited, buy the company report.
Board of directors of Palus Engineering Industries Private Limited
Palus Engineering Industries has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyotsna Vitthalrao Yesugade | Director | 22 Dec 2020 | 5 Years 10 Months | Current |
| Nilesh Vitthalrao Yesugade | Director | 25 Aug 2019 | 7 Years 2 Months | Current |
| Mangesh Vitthalrao Yesugade Also directs: Samratsinh Steel Cast Private Limited, Ysons Steel Private Limited | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
Auditor
Palus Engineering Industries Private Limited is audited by A D SHIKALGAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A D SHIKALGAR & CO | FY 2022 | 185502 |
Shareholding
The shareholding of Palus Engineering Industries Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palus Engineering Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2021 | 100506520 | Others | ₹30 Lakh | Open | |
| 05 Mar 2021 | 100427442 | Others | ₹7.8 Cr | Open | |
| 19 Mar 2020 | 100333317 | Others | ₹1.75 Cr | Satisfied | |
| 07 Apr 2015 | 10565141 | Palus Sahakari Bank Ltd. | ₹50 Lakh | Satisfied | |
| 07 Apr 2015 | 10565146 | Palus Sahakari Bank Ltd. | ₹80 Lakh | Satisfied |
To see the full charge records of Palus Engineering Industries Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Palus Engineering Industries Private Limited has 6 court cases on record: 6 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| High courts | 3 | 3 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by M/S Mahalaxmi Minechem Prop | Pending |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by M/S Mahalaxmi Minechem Prop Rekha M Mannurkar | Pending |
| Bombay High Court | Court case (COAPP) | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (CAA) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CAA) | Filed against the company by an individual | Disposed |
To see the full case history of Palus Engineering Industries 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 Palus Engineering Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palus Engineering Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP2244H1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palus Engineering Industries Private Limited, buy the company report.
Recent activity
Palus Engineering Industries Private Limited has 13 board changes on record since 2014: 3 appointments and 10 cessations. The latest: Mangesh Vitthalrao Yesugade ceased to be Additional Director on 31 Dec 2020.
22 earlier events are in the company report.
Frequently asked questions
Palus Engineering Industries is an active private limited company based in Sangli, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 08 April 1982 (44+ years old) and is registered under CIN U29300PN1982PTC026880.
Palus Engineering Industries has 3 current directors:
- Jyotsna Vitthalrao Yesugade - Director
- Nilesh Vitthalrao Yesugade - Director
- Mangesh Vitthalrao Yesugade - Director
The latest financial statements of Palus Engineering Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Palus Engineering Industries is 27AABCP2244H1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Palus Engineering Industries is U29300PN1982PTC026880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palus Engineering Industries has 6 court cases on record: 6 filed against it. 3 are pending. Most are in the district courts.
Palus Engineering Industries was incorporated on 08 April 1982, making it 44+ years old. It is registered with the Registrar of Companies, Pune.
Mangesh Vitthalrao Yesugade ceased to be Additional Director on 31 Dec 2020. Jyotsna Vitthalrao Yesugade was appointed as Director on 22 Dec 2020. Vitthalrao Baban Yesugade ceased to be Additional Director on 02 Oct 2020. Palus Engineering Industries has 13 board changes on record in total.
The registered office of Palus Engineering Industries is at Plot No 86 91 Industrial Estate Palus, Sangli, Maharashtra, India – 416310.
Palus Engineering Industries operates in the engineering industry, in the metal foundry and fabrication services segment.
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