Parnika Engineering Private Limited
About Parnika Engineering Private Limited
Data last updated:
Parnika Engineering Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 23 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29253TG2012PTC082107. Its GSTIN is 36AAGCP7224G1ZE (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kranthi Bandreddi Kumar and Gurrala Venkata Rambabu.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at D. No.: 16 – 31 P – 66 Flat No 302 Ixth Phase Kphb Colony, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2021, the company reported a revenue of ₹39.55 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹6.64 Lakh (net margin -16.8%) and EBITDA of -₹1.78 Lakh (EBITDA margin -4.5%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹40 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressD. No.: 16 – 31 P – 66 Flat No 302 Ixth Phase Kphb Colony, Hyderabad, Telangana, India – 500072
- IndustryElectrical, Electrical Equipment, General Purpose And Special Purpose Machinery & Equipment, Transport 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
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Business Activity of Parnika Engineering Private Limited
The main business activity of Parnika Engineering 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 Parnika Engineering Private Limited FY 2021 filings available
Parnika Engineering Private Limited reported revenue of ₹39.55 Lakh (down 75% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Parnika Engineering Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 75% fall in the latest year. EBITDA rose 93% 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 Parnika Engineering Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹1.78 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.64 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 Parnika Engineering Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -16.8% | •••• | •••• | •••• | •••• |
| 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 Parnika Engineering 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 Parnika Engineering Private Limited
Parnika Engineering Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Foundry and Fabrication). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avkon Engineers Private Limited | ₹40.07 Lakh (FY 2024) | •••• | •••• | -18.0% | •••• | Kolkata, West Bengal, India |
| I R C Welded Mesh Private Limited | ₹39.84 Lakh (FY 2024) | •••• | •••• | 564.0% | •••• | Saidapet, Tamil Nadu, India |
| Stacil Engineering Private Limited | ₹39.76 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Pune, Maharashtra, India |
| Sound Cast Pvt Ltd | ₹39.73 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | West Bengal, India |
| Unifeat Engineering Private Limited | ₹39.72 Lakh (FY 2019) | •••• | •••• | 2254.0% | •••• | Chennai, Tamil Nadu, India |
| Parnika Engineering Private Limited this company | ₹39.55 Lakh (FY 2021) | •••• | •••• | -75.0% | •••• | Hyderabad, Telangana, India |
| Sorakaya Precision Products Private Limited | ₹39 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Venkatachal Engineers Private Limited | ₹38.88 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Mgi Infra Private Limited | ₹38.28 Lakh (FY 2025) | •••• | •••• | -80.0% | •••• | New Delhi, Delhi, India |
| Jasmino Engineering Private Limited | ₹38.02 Lakh (FY 2025) | •••• | •••• | 832.0% | •••• | Panvel, Maharashtra, India |
| Sunmar Fabricators Private Limited | ₹38.02 Lakh (FY 2019) | •••• | •••• | 9.0% | •••• | Dombivli West, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Parnika Engineering by revenue in the Engineering industry (Foundry and Fabrication), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Parnika Engineering Private Limited
Parnika Engineering Private Limited is audited by VASIREDDY&ASSOCIATESCHARTERED ACCOUNTANTS for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VASIREDDY&ASSOCIATESCHARTERED ACCOUNTANTS | 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 Parnika Engineering Private Limited
Parnika Engineering has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kranthi Bandreddi Kumar Also directs: Excel Modular Systems LLP, Louis Pharmaceuticals Private Limited | Director | 30 Mar 2018 | 8 Years 6 Months | Current |
| Gurrala Venkata Rambabu | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
Ownership and Shareholding of Parnika Engineering 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 Parnika Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Sep 2012 | Syndicate Bank | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Parnika Engineering Private Limited
Employment history and EPFO contributions of people linked to Parnika Engineering.
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.
CIN History of Parnika Engineering Private Limited
Parnika Engineering has one previous CIN (Corporate Identification Number): U29253AP2012PTC082107. The current CIN is U29253TG2012PTC082107, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253TG2012PTC082107 | Current |
| U29253AP2012PTC082107 | Previous |
Recent Activity on Parnika Engineering Private Limited
Parnika Engineering Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Gurrala Venkata Rambabu ceased to be Additional Director on 31 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Parnika Engineering 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 Parnika Engineering 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 Parnika Engineering 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 Parnika Engineering Private Limited
Parnika Engineering has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCP7224G1ZE | Telangana | 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 Parnika Engineering 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 Parnika Engineering Private Limited
Parnika Engineering is an active private limited company based in Hyderabad, Telangana, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 23 July 2012 (14+ years old) and is registered under CIN U29253TG2012PTC082107.
Parnika Engineering reported revenue of ₹39.55 Lakh for FY 2021 (down 75% YoY).
Parnika Engineering has 2 current directors:
- Kranthi Bandreddi Kumar - Director
- Gurrala Venkata Rambabu - Director
Parnika Engineering reported a net loss of ₹6.64 Lakh (net margin -16.8%) and EBITDA of -₹1.78 Lakh (EBITDA margin -4.5%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Parnika Engineering is -46% over three years and -28% over five years. In the latest year (FY 2021) revenue fell 75%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Parnika Engineering is 36AAGCP7224G1ZE, registered in Telangana. 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 Parnika Engineering is U29253TG2012PTC082107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parnika Engineering was incorporated on 23 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Parnika Engineering by revenue are Avkon Engineers Private Limited, I R C Welded Mesh Private Limited, Stacil Engineering Private Limited, Sound Cast Pvt Ltd, Unifeat Engineering Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Gurrala Venkata Rambabu ceased to be Additional Director on 31 Dec 2020. Gurrala Venkata Rambabu was appointed as Director on 01 Jun 2020. Rameshbabu Malisitty ceased to be Director on 01 Jun 2020. Parnika Engineering has 8 board changes on record in total.
The registered office of Parnika Engineering is at D. No.: 16 – 31 P – 66 Flat No 302 Ixth Phase Kphb Colony, Hyderabad, Telangana, India – 500072.