About Perma-Pipe India Private Limited
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Perma-Pipe India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mfri Holding (Bvi) Limited. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 31 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27109MH2007PTC177170. Its GSTIN is 24AAECP4835H1ZG (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹19.5 Lakh. It is led by directors including Firuzi Bahadur Langrana and Ravi Arasikere.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹81.46 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20.26 Cr (net margin 24.9%) and EBITDA of ₹28.66 Cr (EBITDA margin 35.2%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 17% over five years.
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Perma-Pipe. As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹30.14 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is 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 permapipe.com.
Company details
Contact details
Perma-Pipe India Private Limited's registered office is in Mumbai, Maharashtra. Its website is permapipe.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/O.Kalyaniwalla Mistry & Associates Plant No. 13 Ext. Off Eastern Ex Hw Pirojsha Ngr V, Ikhroli(E), Mumbai, Maharashtra, India – 400079
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Perma-Pipe India 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
Brands
Perma-Pipe India operates one associated brand: PERMA-PIPE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Piping system solutions and services are provided globally. | permapipe.com |
Business activity
The main business activity of Perma-Pipe India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Perma-Pipe India Private Limited, buy the company report.
Financials of Perma-Pipe India Private Limited
FY 2024 filings availablePerma-Pipe India Private Limited reported revenue of ₹81.46 Cr (up 209% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 209% growth in the latest year. EBITDA rose 941% 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 |
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| EBITDA | ₹28.66 Cr | ||||
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| Net Profit (PAT) | ₹20.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 35.2% | ||||
| Net Profit Margin | 24.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Perma-Pipe India Private Limited, buy the company report.
Board of directors of Perma-Pipe India Private Limited
Perma-Pipe India has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Firuzi Bahadur Langrana Also directs: Messika India Private Limited, Virtuosgames Studios Private Limited, Dsilo AI Technologies Private Limited and 5 more | Director | 28 Sep 2017 | 9 Years 1 Months | Current |
| Ravi Arasikere | Director | 15 Jul 2022 | 4 Years 3 Months | Current |
| Paras Devidas Karani | Director | 09 Jul 2018 | 8 Years 3 Months | Current |
| Saleh Nehad Saleh Sagr | Additional Director | 14 Oct 2022 | 4 Years 0 Months | Current |
Auditor
Perma-Pipe India Private Limited is audited by Kalyaniwalla & Mistry LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kalyaniwalla & Mistry LLP | FY 2023 | 104607W/W100166 |
Shareholding
The shareholding of Perma-Pipe India Private 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Perma-Pipe India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2023 | 100744037 | Others | ₹25 Cr | Open | |
| 18 Jan 2020 | 100321219 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 21 Nov 2011 | 10322932 | Hdfc Bank Limited | ₹14.16 Lakh | Satisfied | |
| 21 Sep 2010 | 10240306 | The Hong Kong and Shanghai Banking Corporation Limited | ₹30 Cr | Satisfied |
To see the full charge records of Perma-Pipe India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Perma-Pipe India Private Limited has 1 court case on record: 1 filed by Perma-Pipe India. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed by the company against Air Waves Engineers Pvt Ltd and Ors | Pending |
To see the full case history of Perma-Pipe India Private 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.
MSME payment delays
Perma-Pipe India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Narayan Polypack | |||
| an individual supplier | |||
| Jindal Forging Private Limited |
To see the full MSME payment records of Perma-Pipe India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Perma-Pipe India Private Limited has a workforce of 59 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Perma-Pipe India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECP4835H1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Perma-Pipe India Private Limited, buy the company report.
Recent activity
Perma-Pipe India Private Limited has 30 board changes on record since 2007: 17 appointments and 13 cessations. The latest: David Bryan Norwood ceased to be Additional Director on 02 Oct 2023.
29 earlier events are in the company report.
News
Frequently asked questions
Perma-Pipe India is an active private limited company based in Mumbai, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 31 December 2007 (19+ years old) and is registered under CIN U27109MH2007PTC177170.
Perma-Pipe India has 4 current directors:
- Firuzi Bahadur Langrana - Director
- Ravi Arasikere - Director
- Paras Devidas Karani - Director
- Saleh Nehad Saleh Sagr - Additional Director
The latest financial statements of Perma-Pipe India 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 Perma-Pipe India is 24AAECP4835H1ZG, registered in Gujarat. 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 Perma-Pipe India is U27109MH2007PTC177170. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Perma-Pipe India has 1 court case on record: 1 filed by the company. 1 is pending.
Perma-Pipe India was incorporated on 31 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
David Bryan Norwood ceased to be Additional Director on 02 Oct 2023. Grant Wilson Dewbre ceased to be Additional Director on 25 May 2023. Saleh Nehad Saleh Sagr was appointed as Additional Director on 14 Oct 2022. Perma-Pipe India has 30 board changes on record in total.
Perma-Pipe India has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 May 2019.
Perma-Pipe India can be reached through the website permapipe.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Perma-Pipe India is at CO.Kalyaniwalla Mistry & Associates Plant No. 13 Ext. Off Eastern Ex Hw Pirojsha Ngr V, IkhroliE, Mumbai, Maharashtra, India – 400079.
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