MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-08-0004417
Parkaire Engineering Company Pvt Ltd - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹41.19 Lakh
▼ 26% YoY
Net loss · FY 2024
₹7.47 Lakh
Net margin -18.1%
EBITDA · FY 2024
-₹1.72 Lakh
EBITDA margin -4.2%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹7 Lakh
Issued & subscribed
Open charges
₹45.19 Lakh
Secured borrowings
Company age
44 yrs
Est. 1982
Directors on board
2
As per MCA filings
About Parkaire Engineering Company Pvt Ltd
Data last updated:
Parkaire Engineering Company Pvt Ltd is a private limited company based in New Delhi, Delhi, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 14 December 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1982PTC014838. Its GSTIN is 07AAACP3558P1ZX (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors Vikas Sawhney and Lalita Singh.
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 D – 15/4 Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.19 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹7.47 Lakh (net margin -18.1%) and EBITDA of -₹1.72 Lakh (EBITDA margin -4.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 26% over five years.
The company is associated with 1 brand: Parkaire. As per MCA filings, the company has open charges of ₹45.19 Lakh on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Parkaire Engineering Company Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0004417). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parkaire.net.
Company details
CIN U74899DL1982PTC014838
Registration Number 014838
Incorporation Date 14 December 1982
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-08-0004417
Key People
Vikas Sawhney Director Lalita Singh Director Recognitions & Rankings of Parkaire Engineering Company
Contact details
Parkaire Engineering Company Pvt Ltd's registered office is in New Delhi, Delhi. Its website is parkaire.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 15/4 Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Parkaire Engineering Company Pvt Ltd, buy the company report.
Comprehensive company report
Parkaire Engineering Company Pvt 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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Secure checkout · GST invoice included
Brands
Parkaire Engineering Company operates one associated brand: Parkaire. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs and manufactures heat exchangers, vessels, and industrial structures. | parkaire.net |
Business activity
The main business activity of Parkaire Engineering Company is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Parkaire Engineering Company Pvt Ltd, buy the company report.
Financials of Parkaire Engineering Company Pvt Ltd
FY 2024 filings availableParkaire Engineering Company Pvt Ltd reported revenue of ₹41.19 Lakh (down 26% YoY) for FY 2024.
Revenue · FY 2024
₹41.19 Lakh ▼ 26%
Net loss · FY 2024
₹7.47 Lakh margin -18.1%
EBITDA · FY 2024
-₹1.72 Lakh margin -4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 23%
5 years · compounded
▼ 26%
EBITDA CAGR growth
1 year
▲ 94%
3 years · compounded
▲ 37%
5 years · compounded
▲ 56%
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 26% fall in the latest year. EBITDA rose 94% 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 | -₹1.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.47 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.2% | ||||
| Net Profit Margin | -18.1% | ||||
| 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 Parkaire Engineering Company Pvt Ltd, buy the company report.
Board of directors of Parkaire Engineering Company Pvt Ltd
Parkaire Engineering Company has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Sawhney Also directs: Parksons Engineering Co. Private Limited | Director | 22 Dec 2021 | 4 Years 10 Months | Current |
| Lalita Singh Also directs: Parksons Engineering Co. Private Limited | Director | 10 Aug 2015 | 11 Years 2 Months | Current |
Auditor
Parkaire Engineering Company Pvt Ltd is audited by KUMAR RAJ & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR RAJ & CO | FY 2023 | 554261 |
Shareholding
The shareholding of Parkaire Engineering Company Pvt 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 Parkaire Engineering Company Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹45.19 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2015 | 10627096 | Dcb Bank Limited | ₹30 Lakh | Open | |
| 04 Mar 2009 | 10148419 | Punjab National Bank | ₹8 Lakh | Open | |
| 20 Oct 2008 | 10128706 | Punjab National Bank | ₹2.98 Lakh | Open | |
| 13 Aug 1992 | 90032907 | Punjab National Bank | ₹1.62 Lakh | Open | |
| 17 Sep 1989 | 90032469 | Punjab National Bank | ₹70,000 | Open |
Total charge records: 6 View all charges
Legal cases
Parkaire Engineering Company Pvt Ltd has 4 court cases on record: 1 filed by Parkaire Engineering Company, 3 filed against it. All cases are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed by the company against M/S Airox Nigen Equipments Pvt Ltd and 2 others | Disposed |
| District court, Meerut, Uttar Pradesh | Criminal case | Filed against the company by an individual | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by an individual | Disposed |
| District court, North East, Delhi | Court case (L I R) | Filed against the company by an individual | Disposed |
To see the full case history of Parkaire Engineering Company Pvt 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 Parkaire Engineering Company Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parkaire Engineering Company has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP3558P1ZX | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parkaire Engineering Company Pvt Ltd, buy the company report.
Recent activity
Parkaire Engineering Company Pvt Ltd has 10 board changes on record since 2011: 2 appointments and 8 cessations. The latest: Vikas Sawhney ceased to be Additional Director on 30 Sep 2022.
AGM
Parkaire Engineering Company Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Parkaire Engineering Company Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Vikas Sawhney ceased to be Additional Director.
Ceased
Laxmi Sawhney ceased to be Director.
Appointed
Vikas Sawhney was appointed as Director.
Ceased
Vivek Sawhney ceased to be Director.
Charges
A charge with Dcb Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 10627096 was registered on 31 Dec 2015.
Ceased
Lalita Singh ceased to be Additional Director.
Ceased
Abhay Kumar Saksena ceased to be Director.
Appointed
Lalita Singh was appointed as Director.
Ceased
Srishti Sawhney ceased to be Director.
Ceased
Suraj Parkash Sawhney ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Parkaire Engineering Company is an active private limited company based in New Delhi, Delhi, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 14 December 1982 (44+ years old) and is registered under CIN U74899DL1982PTC014838.
Parkaire Engineering Company has 2 current directors:
- Vikas Sawhney - Director
- Lalita Singh - Director
The latest financial statements of Parkaire Engineering Company on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Parkaire Engineering Company is 07AAACP3558P1ZX, registered in Delhi. 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 Parkaire Engineering Company is U74899DL1982PTC014838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parkaire Engineering Company has 4 court cases on record: 1 filed by the company and 3 filed against it.
Parkaire Engineering Company was incorporated on 14 December 1982, making it 44+ years old. It is registered with the Registrar of Companies, Delhi.
Vikas Sawhney ceased to be Additional Director on 30 Sep 2022. Laxmi Sawhney ceased to be Director on 22 Dec 2021. Vikas Sawhney was appointed as Director on 22 Dec 2021. Parkaire Engineering Company has 10 board changes on record in total.
Yes, Parkaire Engineering Company is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-08-0004417).
Parkaire Engineering Company can be reached through the website parkaire.net. Its registered office is in New Delhi, Delhi, India.
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