About Pasl Private Limited
Data last updated:
Pasl Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 22 January 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27320GJ1979PTC003273. Its GSTIN is 24AABCP2984J1Z8 (Gujarat).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8 Cr. It was formerly known as Patel Alloy Steel Private Limited and Patel Alloy Steel Pvt Ltd. It is led by directors including Kamalnayan Hasmukhlal Javeri (Managing Director) and Anjana Kamalnayan Javeri (Whole-Time Director).
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 297 300 Phase II GIDC Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.01 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.25 Cr (net margin 4.2%) and EBITDA of ₹10.37 Cr (EBITDA margin 34.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 6% over five years.
The company has about 9 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹14.45 Cr and satisfied charges of ₹59.28 Cr on record. Court records list 33 cases involving the company, including 20 filed by the company and 13 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paslgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address297 300 Phase II GIDC Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryManufacturing, Die Casting & Metal Forming
- 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 Pasl Private Limited
The main business activity of Pasl is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Pasl Private Limited FY 2025 filings available
Pasl Private Limited reported revenue of ₹30.01 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Pasl Private Limited
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 13% 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 Pasl Private Limited
| 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 | ₹10.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.25 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 of Pasl Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Pasl 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 Pasl Private Limited
Pasl Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MSV Dies and Moulds Private Limited | ₹30.34 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Chennai, Tamil Nadu, India |
| Solar Technocast Private Limited | ₹30.32 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Rajkot, Gujarat, India |
| Speciality Reinforced Matrix Private Limited | ₹30.27 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Thane, Maharashtra, India |
| Ajex & Turner Wire Technologies Private Limited | ₹30.16 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Karnataka Turned Components Private Limited | ₹30.15 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Pasl Private Limited this company | ₹30.01 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Ahmedabad, Gujarat, India |
| Hi-Tech Abrasives Limited. | ₹29.96 Cr (FY 2019) | •••• | •••• | 55.0% | •••• | Raipur, Chhattisgarh, India |
| Precision Global Springs Private Limited | ₹29.92 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Kishan Forge Private Limited | ₹29.85 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Rajkot, Gujarat, India |
| Billson Stainless Private Limited | ₹29.82 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Ludhiana, Punjab, India |
| Synergy-Global Manufactec Private Limited | ₹29.76 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Hosur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Pasl by revenue in the Machinery and Equipment industry (Tools and Components), 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 Pasl Private Limited
Pasl Private Limited is audited by DINESH R. SHAH & CO. for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DINESH R. SHAH & CO. | 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 Pasl Private Limited
Pasl has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamalnayan Hasmukhlal Javeri | Managing Director | 12 Oct 1988 | 38 Years 0 Months | Current |
| Anjana Kamalnayan Javeri Also directs: Pasl Wind Solutions Private Limited, Pasl Windtech Private Limited | Whole-Time Director | 12 Dec 1996 | 29 Years 10 Months | Current |
| Abhishek Kamalnayan Javeri Also directs: PWS Towers Private Limited, Pasl Wind Solutions Private Limited, Pasl Windtech Private Limited and 1 more | Whole-Time Director | 28 Jun 2001 | 25 Years 3 Months | Current |
| Javeri Anjali Abhishek Also directs: Pasl Wind Solutions Private Limited, Pasl Windtech Private Limited | Director | 01 Aug 2019 | 7 Years 2 Months | Current |
Ownership and Shareholding of Pasl 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 Pasl Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 2016 | The Kalupur Commercial Co-Operative Bank Limited | ₹12.45 Cr | Open |
| 27 Oct 2016 | The Kalupur Commercial Co-Operative Bank Limited | ₹2 Cr | Open |
| 10 Sep 2009 | Standard Chartered Bank | ₹10 Cr | Satisfied |
| 26 Apr 1999 | Idbi Bank Limited | ₹49 Cr | Satisfied |
| 18 May 1983 | Canara Bank | ₹28 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Pasl Private Limited
Pasl Private Limited has 33 court cases on record: 20 filed by Pasl, 13 filed against it. 2 cases are pending and 31 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 9 | 1 |
| High courts | 12 | 4 | 1 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by Indian Valve Private Limited | Pending |
| High Court of Gujarat | Arbitration matter | Filed by the company against Indusind General Insurance Company Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Suzlon Energy Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Indian Valve Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Varuna Alloys Private Limited | Disposed |
Full case history
All 33 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Pasl Private Limited
Pasl Private Limited has a workforce of 9 employees as of Mar 23, 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.
Group Structure of Pasl Private Limited
Pasl has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Pasl Wind Solutions Private Limited | U31100GJ2008PTC055104 | Locked |
| Pasl Windtech Private Limited | U65910GJ1997PTC031672 | Locked |
Showing major subsidiaries. Total: 2.
Name History of Pasl Private Limited
Pasl has undergone 3 name changes throughout its history. The company was previously known as Patel Alloy Steel Private Limited, Patel Alloy Steel Pvt Ltd, and Patel Alloy Steel Ltd. The current legal name is Pasl Private Limited.
| Company Name | Status |
|---|---|
| Pasl Private Limited | Current |
| Patel Alloy Steel Private Limited | Previous |
| Patel Alloy Steel Pvt Ltd | Previous |
| Patel Alloy Steel Ltd | Previous |
Recent Activity on Pasl Private Limited
Pasl Private Limited has 6 board changes on record since 1979: 5 appointments and 1 cessation. The latest: Javeri Anjali Abhishek was appointed as Director on 01 Aug 2019.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pasl 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 Pasl 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 Pasl 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 Pasl Private Limited
Pasl has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP2984J1Z8 | Gujarat | 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 Pasl 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 Pasl Private Limited
Pasl is an active private limited company based in Ahmedabad, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 22 January 1979 (47+ years old) and is registered under CIN U27320GJ1979PTC003273.
Pasl reported revenue of ₹30.01 Cr for FY 2025 (down 22% YoY).
Pasl has 4 current directors:
- Kamalnayan Hasmukhlal Javeri - Managing Director
- Anjana Kamalnayan Javeri - Whole-Time Director
- Abhishek Kamalnayan Javeri - Whole-Time Director
- Javeri Anjali Abhishek - Director
Pasl reported a net profit of ₹1.25 Cr (net margin 4.2%) and EBITDA of ₹10.37 Cr (EBITDA margin 34.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pasl is -11% over three years and 6% over five years. In the latest year (FY 2025) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pasl is 24AABCP2984J1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Pasl is U27320GJ1979PTC003273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pasl has 33 court cases on record: 20 filed by the company and 13 filed against it. 2 are pending. Most are in the district courts.
Pasl was incorporated on 22 January 1979, making it 47+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Pasl by revenue are MSV Dies and Moulds Private Limited, Solar Technocast Private Limited, Speciality Reinforced Matrix Private Limited, Ajex & Turner Wire Technologies Private Limited, Karnataka Turned Components Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Javeri Anjali Abhishek was appointed as Director on 01 Aug 2019. Narsinhbhai Kalyandas Patel ceased to be Director on 21 Mar 2010. Abhishek Kamalnayan Javeri was appointed as Whole-Time Director on 28 Jun 2001. Pasl has 6 board changes on record in total.