MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0014133
Panam Engineers Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹128.03 Cr
▲ 43% YoY
Net profit · FY 2025
₹13.08 Cr
Net margin 10.2%
EBITDA · FY 2025
₹19.88 Cr
EBITDA margin 15.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹51.2 Lakh
Issued & subscribed
Open charges
₹59.95 Cr
Satisfied ₹28.75 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
106
Provident fund records
About Panam Engineers Limited
Data last updated:
Panam Engineers Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 29 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29120MH2004PLC147195. Its GSTIN is 24AADCP3015C1Z5 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹51.2 Lakh. It was formerly known as Panam Engineers Private Limited. It is led by directors including Mukesh Bhikhalal Prajapati and Jaya Jagdish Prajapati.
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 203 Jaisingh Businesscenter Parsiwada Sahar Rd Andheri (E), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹128.03 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹13.08 Cr (net margin 10.2%) and EBITDA of ₹19.88 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 25% over five years.
The company has about 106 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Panam Engineers Ltd. As per MCA filings, the company has open charges of ₹59.95 Cr and satisfied charges of ₹28.75 Cr on record.
Panam Engineers Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0014133). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panam.in.
Company details
CIN U29120MH2004PLC147195
Registration Number 147195
Incorporation Date 29 June 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0014133
CIN history
Panam Engineers has one previous CIN (Corporate Identification Number): U29120MH2004PTC147195. The current CIN is U29120MH2004PLC147195, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29120MH2004PLC147195 | Current |
| U29120MH2004PTC147195 | Previous |
Key People
Mukesh Bhikhalal Prajapati Director Jaya Jagdish Prajapati Director Jagdish Bhikhalal Prajapati Director Recognitions & Rankings of Panam Engineers
Contact details
Panam Engineers Limited's registered office is in Mumbai, Maharashtra. Its website is panam.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address203 Jaisingh Businesscenter Parsiwada Sahar Rd Andheri (E), Mumbai, Maharashtra, India – 400099
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Panam Engineers Limited, buy the company report.
Comprehensive company report
Panam Engineers 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Panam Engineers operates one associated brand: PANAM ENGINEERS LTD. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial valves, fittings, and tubing solutions for oil and gas, defence, and pharmaceuticals sectors. | panamengineers.com |
Business activity
The main business activity of Panam Engineers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Panam Engineers Limited, buy the company report.
Financials of Panam Engineers Limited
FY 2025 filings availablePanam Engineers Limited reported revenue of ₹128.03 Cr (up 43% YoY) for FY 2025.
Revenue · FY 2025
₹128.03 Cr ▲ 43%
Net profit · FY 2025
₹13.08 Cr margin 10.2%
EBITDA · FY 2025
₹19.88 Cr margin 15.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 37%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 51%
5 years · compounded
▲ 42%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 43% growth in the latest year. EBITDA rose 19% 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 |
|---|---|---|---|---|---|
| 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 | ₹19.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.08 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | 10.2% | ||||
| 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 Panam Engineers Limited, buy the company report.
Board of directors of Panam Engineers Limited
Panam Engineers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Bhikhalal Prajapati | Director | 21 Jan 2021 | 5 Years 9 Months | Current |
| Jaya Jagdish Prajapati | Director | 29 Jun 2004 | 22 Years 3 Months | Current |
| Jagdish Bhikhalal Prajapati | Director | 29 Jun 2004 | 22 Years 3 Months | Current |
Auditor
Panam Engineers Limited is audited by R D Patel & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R D Patel & Associates | FY 2023 | 042605 |
Shareholding
The shareholding of Panam Engineers Limited 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 Panam Engineers Limited, buy the company report.
Charges & borrowings
Open charges
₹59.95 Cr
Satisfied charges
₹28.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2025 | 101052025 | Others | ₹59.95 Cr | Open | |
| 04 Jan 2020 | 100315210 | Hdfc Bank Limited | ₹10 Cr | Satisfied | |
| 23 Oct 2013 | 10460712 | Bank of India | ₹18.75 Cr | Satisfied |
To see the full charge records of Panam Engineers Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Panam Engineers Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Panam Engineers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Panam Engineers Limited has a workforce of 106 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
106
Active EPFO establishments
1
Employee growth
-4.5%
GST
Panam Engineers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCP3015C1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Panam Engineers Limited, buy the company report.
Recent activity
Panam Engineers Limited has 7 board changes on record since 2004: 5 appointments and 2 cessations. The latest: Bhikhabhai Hirabhai Prajapati ceased to be Director on 21 Jan 2021.
Charges
A charge with Others of Rs. 59.95 Cr registered on 10 Feb 2025 with Charge ID 101052025 was modified on 27 Nov 2025.
AGM
Panam Engineers Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Panam Engineers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 59.95 Cr with Charge ID 101052025 was registered on 10 Feb 2025.
Charges
A charge registered on 04 Jan 2020 via Charge ID 100315210 with Hdfc Bank Limited was fully satisfied on 16 Apr 2022.
Ceased
Bhikhabhai Hirabhai Prajapati ceased to be Director.
Appointed
Mukesh Bhikhalal Prajapati was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100315210 was registered on 04 Jan 2020.
Charges
A charge registered on 23 Oct 2013 via Charge ID 10460712 with Bank Of India was fully satisfied on 16 Dec 2015.
Charges
A charge with Bank Of India of Rs. 18.75 Cr registered on 23 Oct 2013 with Charge ID 10460712 was modified on 24 Oct 2013.
Charges
A charge with Bank Of India amounted to Rs. 18.75 Cr with Charge ID 10460712 was registered on 23 Oct 2013.
Ceased
Narmada Bhikhabhai Prajapati ceased to be Director.
5 earlier events are in the company report.
Frequently asked questions
Panam Engineers is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 29 June 2004 (22+ years old) and is registered under CIN U29120MH2004PLC147195.
Panam Engineers has 3 current directors:
- Mukesh Bhikhalal Prajapati - Director
- Jaya Jagdish Prajapati - Director
- Jagdish Bhikhalal Prajapati - Director
The latest financial statements of Panam Engineers 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 Panam Engineers is 24AADCP3015C1Z5, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Panam Engineers is U29120MH2004PLC147195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panam Engineers was incorporated on 29 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhikhabhai Hirabhai Prajapati ceased to be Director on 21 Jan 2021. Mukesh Bhikhalal Prajapati was appointed as Director on 21 Jan 2021. Narmada Bhikhabhai Prajapati ceased to be Director on 06 Dec 2012. Panam Engineers has 7 board changes on record in total.
Yes, Panam Engineers is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0014133).
Panam Engineers can be reached through the website panam.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Panam Engineers is at 203 Jaisingh Businesscenter Parsiwada Sahar Rd Andheri E, Mumbai, Maharashtra, India – 400099.