About Pci Limited
Data last updated:
Pci Limited is a public limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 13 February 1986.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1986PLC023329. Its GSTIN is 07AAACP1565E1ZP (Delhi). The company holds 18 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹13.78 Cr. It was formerly known as Prime Chemfert Industries Pvt Ltd and Prime Chemfert Industries Ltd. It is led by directors including Surinder Mehta (Managing Director) and Rohan Mehta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Prime Group Building 11/5 B Pusa Road, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2022, the company reported a revenue of ₹21.98 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹11.57 Cr (net margin -52.6%) and EBITDA of ₹15.25 Cr (EBITDA margin 69.4%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 38% over five years.
The company has about 57 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: PCI Limited. As per MCA filings, the company has open charges of ₹1,174.66 Cr and satisfied charges of ₹159.5 Cr on record. Court records list 148 cases involving the company, including 79 filed by the company and 69 filed against it; 26 cases are pending.
The last known website on record is pci-india.com.
Company details
Name history
Pci has undergone 2 name changes throughout its history. The company was previously known as Prime Chemfert Industries Pvt Ltd, and Prime Chemfert Industries Ltd. The current legal name is Pci Limited.
| Company Name | Status |
|---|---|
| Pci Limited | Current |
| Prime Chemfert Industries Pvt Ltd | Previous |
| Prime Chemfert Industries Ltd | Previous |
Contact details
Pci Limited's registered office is in New Delhi, Delhi. Its website is pci-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPrime Group Building 11/5 B Pusa Road, New Delhi, Delhi, India – 110005
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Pci Limited, buy the company report.
- 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
Brands
Pci operates one associated brand: PCI Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Energy solutions, manufacturing, and aerospace services are delivered by PCI Limited. | pci-india.com |
Business activity
The main business activity of Pci is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Pci Limited, buy the company report.
Financials of Pci Limited
FY 2023 filings availablePci Limited reported revenue of ₹21.98 Cr (down 26% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 26% fall in the latest year. EBITDA rose 718% 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
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| EBITDA | ₹15.25 Cr | ||||
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| Net Profit (PAT) | -₹11.57 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 69.4% | ||||
| Net Profit Margin | -52.6% | ||||
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To see the full financial statements and ratios of Pci Limited, buy the company report.
Board of directors of Pci Limited
Pci has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surinder Mehta Also directs: Prime Power Corporation Limited, Prime Rigs Limited, Pci Precision Engineering Limited and 5 more | Managing Director | 13 Feb 1986 | 40 Years 8 Months | As last reported |
| Archna Mehta Also directs: Prime Rigs Limited, Planet Pci Infotech Limited, Endoprime Healthcare India Private Limited and 5 more | Director | 01 Sep 2007 | 19 Years 1 Months | As last reported |
| Inder Pal Singh Also directs: Endolite India Limited | Director | 01 Aug 2002 | 24 Years 2 Months | As last reported |
| Rohan Mehta Also directs: Prime Power Corporation Limited, Prime Rigs Limited, Pci Precision Engineering Limited and 5 more | Whole-Time Director | 30 Sep 2008 | 18 Years 0 Months | As last reported |
Shareholding
The shareholding of Pci Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pci Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 2018 | 100178355 | Others | ₹5 Cr | Open | |
| 08 May 2018 | 100178356 | Others | ₹5 Cr | Open | |
| 06 Apr 2018 | 100178354 | Others | ₹3 Cr | Open | |
| 07 Mar 2018 | 100178391 | Others | ₹3 Cr | Open | |
| 31 Mar 2017 | 100098544 | Others | ₹34.2 Cr | Open |
To see the full charge records of Pci Limited, buy the company report.
Total charge records: 60 View all charges
Legal cases
Pci Limited has 148 court cases on record: 79 filed by Pci, 69 filed against it. 26 cases are pending and 122 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 79 | 47 | 17 |
| High courts | 57 | 19 | 6 |
| NCLAT | 8 | 0 | 3 |
| Supreme Court | 2 | 1 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 148)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panchkula, Haryana | Arbitration matter | Filed by the company against Uttar Haryana Bijli Vitran Nigam Limited | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Dakshin Haryana Bijli Vitran Nigam Ltd | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Prime Meiden Limited | Pending |
| NCLAT, Court II | Tribunal matter | Filed by the company against Prime Meiden Limited & Ors. and 2 others | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Central Bank of India | Disposed |
To see the full case history of Pci Limited, 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.
Credit ratings & regulatory alerts
Pci Limited was last rated by Crisil on 22 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Oct 2020 |
To see the full credit ratings and regulatory alerts of Pci Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pci Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Pci has 2 subsidiary companies and 3 associated 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 |
|---|---|---|
| Prime Hitech Engineering Limited | U28113DL2010PLC201156 | |
| Prime Harness Systems Private Limited | U31300DL2010PTC209769 |
To see the full group structure of Pci Limited, buy the company report.
Employees & EPFO
Pci Limited has a workforce of 57 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Pci has 18 GST registrations: 1 active and 17 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP1565E1ZP | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pci Limited, buy the company report.
Recent activity
Pci Limited has 12 board changes on record since 1986: 4 appointments and 8 cessations. The latest: Prem Lal Madan ceased to be CFO on 09 Apr 2024.
99 earlier events are in the company report.
Frequently asked questions
Pci is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Pci is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 13 February 1986 and is registered under CIN U74899DL1986PLC023329. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Pci has 4 current directors:
- Surinder Mehta - Managing Director
- Rohan Mehta - Whole-Time Director
- Archna Mehta - Director
- Inder Pal Singh - Director
The latest financial statements of Pci on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pci is U74899DL1986PLC023329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pci has open charges of ₹1,174.66 Cr and satisfied charges of ₹159.5 Cr as per latest MCA filings.
Pci has 148 court cases on record: 79 filed by the company and 69 filed against it. 26 are pending. Most are in the district courts.
Pci was incorporated on 13 February 1986. It is registered with the Registrar of Companies, Delhi.
Prem Lal Madan ceased to be CFO on 09 Apr 2024. Vijay Sarpal ceased to be Whole-Time Director on 31 Mar 2020. Ramesh Chandra Sharma ceased to be Director on 20 Dec 2019. Pci has 12 board changes on record in total.
Pci can be reached through the website pci-india.com. Its registered office is in New Delhi, Delhi, India.