About Parin Casting Private Limited
Data last updated:
Parin Casting Private Limited is a private limited company based in New, Delhi, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 16 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U28932DL2010PTC211479. Its GSTIN is 06AAFCP7601J1ZE (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹32 Lakh. It is led by directors including Ashwani Sehgal and Indu Sehgal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Block – B – 3/126 Janakpuri, New, Delhi, India – 110058.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.22 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹14.41 Lakh (net margin 1.3%) and EBITDA of ₹62.77 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 1% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.2 Cr and satisfied charges of ₹1.19 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parincasting.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBlock – B – 3/126 Janakpuri, New, Delhi, India – 110058
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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 Parin Casting Private Limited
The main business activity of Parin Casting is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Parin Casting Private Limited FY 2024 filings available
Parin Casting Private Limited reported revenue of ₹11.22 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Parin Casting Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 8% growth in the latest year. EBITDA rose 5% 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 Parin Casting 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 | ₹62.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.41 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 of Parin Casting Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Parin Casting 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 Parin Casting Private Limited
Parin Casting Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Electronic Appliances Manufacturing, Process Machinery). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ved Electromec Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Polly Cool Appliances Private Limited | •••• | •••• | •••• | •••• | 23 | Delhi, India |
| Callmate (India) Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Radius Engineering Solutions Private Limited | •••• | •••• | •••• | •••• | 42 | Bangalore, Karnataka, India |
| Purnima Solar Technologies Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Parin Casting Private Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Energy and Power Tech India Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Hle Engineers Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Radha Precision Private Limited | •••• | •••• | •••• | •••• | 23 | Sriperumbudur Taluk, Tamil Nadu, India |
| Unified Globaltech (I) Private Limited | •••• | •••• | •••• | •••• | 53 | Bangalore, Karnataka, India |
| PMS Flashmatics Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Parin Casting by revenue in the Machinery and Equipment industry (Electronic Appliances Manufacturing, Process Machinery), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Parin Casting Private Limited
Parin Casting Private Limited is audited by SKRK & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SKRK & 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 Parin Casting Private Limited
Parin Casting has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwani Sehgal | Director | 16 Dec 2010 | 15 Years 9 Months | Current |
| Indu Sehgal | Director | 16 Dec 2010 | 15 Years 9 Months | Current |
| Jatin Sehgal | Director | 16 Dec 2010 | 15 Years 9 Months | Current |
| Nitin Sehgal | Director | 16 Dec 2010 | 15 Years 9 Months | Current |
Ownership and Shareholding of Parin Casting 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 Parin Casting Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Oct 2024 | Others | ₹3.2 Cr | Open |
| 18 Nov 2017 | Bank of India | ₹16.15 Lakh | Satisfied |
| 18 Jan 2012 | Bank of India | ₹12.5 Lakh | Satisfied |
| 15 Feb 2011 | Bank of India | ₹20 Lakh | Satisfied |
| 15 Feb 2011 | Bank of India | ₹70 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Parin Casting Private Limited
Parin Casting Private Limited has a workforce of 8 employees as of Mar 27, 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 Parin Casting Private Limited
Parin Casting Private Limited has 4 board changes on record since 2010: 4 appointments. The latest: Ashwani Sehgal was appointed as Director on 16 Dec 2010.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Parin Casting 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 Parin Casting 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 Parin Casting 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 Parin Casting Private Limited
Parin Casting has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCP7601J1ZE | Haryana | 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 Parin Casting 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 Parin Casting Private Limited
Parin Casting is an active private limited company based in New, Delhi, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 16 December 2010 (16+ years old) and is registered under CIN U28932DL2010PTC211479.
Parin Casting reported revenue of ₹11.22 Cr for FY 2024 (up 8% YoY).
Parin Casting has 4 current directors:
- Ashwani Sehgal - Director
- Indu Sehgal - Director
- Jatin Sehgal - Director
- Nitin Sehgal - Director
Parin Casting reported a net profit of ₹14.41 Lakh (net margin 1.3%) and EBITDA of ₹62.77 Lakh (EBITDA margin 5.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Parin Casting is 21% over three years and 1% over five years. In the latest year (FY 2024) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Parin Casting is 06AAFCP7601J1ZE, registered in Haryana. 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 Parin Casting is U28932DL2010PTC211479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parin Casting was incorporated on 16 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Parin Casting by revenue are Ved Electromec Private Limited, Polly Cool Appliances Private Limited, Callmate (India) Private Limited, Radius Engineering Solutions Private Limited, Purnima Solar Technologies Limited and 5 more, all in the Machinery and Equipment industry (Electronic Appliances Manufacturing, Process Machinery).
Ashwani Sehgal was appointed as Director on 16 Dec 2010. Indu Sehgal was appointed as Director on 16 Dec 2010. Jatin Sehgal was appointed as Director on 16 Dec 2010. Parin Casting has 4 board changes on record in total.
Parin Casting can be reached through the website parincasting.com. Its registered office is in New, Delhi, India.