About Pennant Engineering Private Limited
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Pennant Engineering Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 12 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299MH1997PTC112058. Its GSTIN is 27AABCP6343D1ZM (Maharashtra).
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹11.92 Lakh. It is led by directors including Ryan Christopher Fernandes (Managing Director) and Christopher Joseph Fernandes.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.07 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.78 Cr (net margin 15.4%) and EBITDA of ₹4.71 Cr (EBITDA margin 26.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹15.81 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 pennantcorp.com.
Company details
Contact details
Pennant Engineering Private Limited's registered office is in Pune, Maharashtra. Its website is pennantcorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 301 North Block, Sacred World Mall Wanowarie, Pune, Maharashtra, India – 411040
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Pennant Engineering Private 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
Business activity
The main business activity of Pennant Engineering is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Pennant Engineering Private Limited, buy the company report.
Financials of Pennant Engineering Private Limited
FY 2024 filings availablePennant Engineering Private Limited reported revenue of ₹18.07 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 17% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.71 Cr | ||||
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| Net Profit (PAT) | ₹2.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 26.1% | ||||
| Net Profit Margin | 15.4% | ||||
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To see the full financial statements and ratios of Pennant Engineering Private Limited, buy the company report.
Board of directors of Pennant Engineering Private Limited
Pennant Engineering has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Christopher Joseph Fernandes Also directs: Pennant International Corporation India Private Limited | Director | 12 Nov 1997 | 28 Years 11 Months | Current |
| Rohini Christopher Fernandes Also directs: Pennant International Corporation India Private Limited | Director | 12 Nov 1997 | 28 Years 11 Months | Current |
| Ryan Christopher Fernandes Also directs: Pennant International Corporation India Private Limited | Managing Director | 29 Mar 2023 | 3 Years 6 Months | Current |
| Danielle Christopher Fernandes Also directs: Pennant International Corporation India Private Limited | Director | 29 Mar 2023 | 3 Years 6 Months | Current |
| Crystal Christopher Fernandes Also directs: Pennant International Corporation India Private Limited | Director | 29 Mar 2023 | 3 Years 6 Months | Current |
Auditor
Pennant Engineering Private Limited is audited by Hasmukh Shah & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hasmukh Shah & Co. LLP | FY 2024 | 103592W/W100028 |
Shareholding
The shareholding of Pennant Engineering Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pennant Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2020 | 100396586 | Canara Bank | ₹39 Lakh | Open | |
| 15 Feb 2014 | 10478806 | Canara Bank | ₹6.49 Lakh | Open | |
| 12 Apr 2012 | 10352992 | Canara Bank | ₹4.22 Lakh | Open | |
| 03 Jul 2010 | 10230616 | Canara Bank | ₹4 Lakh | Open | |
| 13 Dec 2004 | 90088876 | Canara Bank | ₹6.56 Cr | Open |
To see the full charge records of Pennant Engineering Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
No court or tribunal cases involving Pennant Engineering Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Pennant Engineering Private Limited has 4 MSME Form 1 returns on record between 2021 and 2024, listing 69 overdue payments to 63 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 63)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Pennant Engineering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Pennant Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP6343D1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pennant Engineering Private Limited, buy the company report.
Recent activity
Pennant Engineering Private Limited has 11 board changes on record since 1997: 5 appointments and 6 cessations. The latest: Christopher Joseph Fernandes ceased to be Director on 15 Aug 2023.
16 earlier events are in the company report.
Frequently asked questions
Pennant Engineering is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 12 November 1997 (29+ years old) and is registered under CIN U29299MH1997PTC112058.
Pennant Engineering has 5 current directors:
- Ryan Christopher Fernandes - Managing Director
- Christopher Joseph Fernandes - Director
- Rohini Christopher Fernandes - Director
- Danielle Christopher Fernandes - Director
- Crystal Christopher Fernandes - Director
The latest financial statements of Pennant Engineering 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 Pennant Engineering is 27AABCP6343D1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pennant Engineering is U29299MH1997PTC112058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pennant Engineering was incorporated on 12 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.
Christopher Joseph Fernandes ceased to be Director on 15 Aug 2023. Crystal Christopher Fernandes ceased to be Additional Director on 15 Aug 2023. Danielle Christopher Fernandes ceased to be Additional Director on 15 Aug 2023. Pennant Engineering has 11 board changes on record in total.
Pennant Engineering has 4 MSME Form 1 returns on record between 2021 and 2024, listing 69 overdue payments to 63 micro and small suppliers. The latest return was filed on 22 Apr 2024.
Pennant Engineering can be reached through the website pennantcorp.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Pennant Engineering is at Office No. 301 North Block, Sacred World Mall Wanowarie, Pune, Maharashtra, India – 411040.
Pennant Engineering operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.