Permionics Membranes Private Limited

Permionics Membranes Private Limited - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U29197GJ2003PTC042216 Incorporated 07 April 2003 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2025
₹54.85 Cr
▼ 41% YoY
Net profit · FY 2025
₹83.94 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹4.32 Cr
EBITDA margin 7.9%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹2.56 Cr
Issued & subscribed
Open charges
₹37.23 Cr
Satisfied ₹4.42 Cr
Company age
23 yrs
Est. 2003
Directors on board
3
As per MCA filings

About Permionics Membranes Private Limited

Data last updated:

Permionics Membranes Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 07 April 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29197GJ2003PTC042216. Its GSTIN is 24AACCP9167E1ZD (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.56 Cr. It is led by directors including Satyajai Satyapal Mayor (Managing Director) and Satyajit Satyapal Mayor.

Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3/29 4/19 B.I.D.C Estate Gorwa, Vadodara, Gujarat, India – 390016.

As per the financials filed for FY 2025, the company reported a revenue of ₹54.85 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹83.94 Lakh (net margin 1.5%) and EBITDA of ₹4.32 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 4% over five years.

The company is associated with 1 brand: Permionics Membranes. As per MCA filings, the company has open charges of ₹37.23 Cr and satisfied charges of ₹4.42 Cr on record. Court records list 17 cases involving the company, including 9 filed by the company and 8 filed against it; 3 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in March 2024. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 240 overdue payments to 109 micro and small suppliers.

Permionics Membranes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0006400). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website permionics.com.

Company details

CIN U29197GJ2003PTC042216
Registration Number 042216
Incorporation Date 07 April 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0006400
Key People
Satyajai Satyapal Mayor Managing Director Satyajit Satyapal Mayor Director Vinodini Satyapal Mayor Director

Recognitions & Rankings of Permionics Membranes

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-24-0006400

Contact details

Permionics Membranes Private Limited's registered office is in Vadodara, Gujarat. Its website is permionics.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    permionics.com
  • Social Media
  • Registered Address
    3/29 4/19 B.I.D.C Estate Gorwa, Vadodara, Gujarat, India – 390016
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Permionics Membranes Private Limited, buy the company report.

Comprehensive company report
Permionics Membranes Private Limited - one report that includes everything
  • 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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Brands

Permionics Membranes operates one associated brand: Permionics Membranes. Each brand links to its own profile.

BrandDescriptionWebsite
Permionics Membranes
Manufacturer membrane for water treatment plantspermionics.com

Financials of Permionics Membranes Private Limited

FY 2025 filings available

Permionics Membranes Private Limited reported revenue of ₹54.85 Cr (down 41% YoY) for FY 2025.

Revenue · FY 2025
₹54.85 Cr ▼ 41%
Net profit · FY 2025
₹83.94 Lakh margin 1.5%
EBITDA · FY 2025
₹4.32 Cr margin 7.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▲ 9%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 16%
5 years · compounded
▼ 4%

Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 11% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹54.85 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.32 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹83.94 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.9%
Net Profit Margin1.5%
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

To see the full financial statements and ratios of Permionics Membranes Private Limited, buy the company report.

Board of directors of Permionics Membranes Private Limited

Permionics Membranes has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Satyajit Satyapal Mayor
Also directs: Permionics Global Technologies LLP, Permionics India Private Limited, Centre for Cellular and Molecular Platforms
Director07 Apr 200323 Years 6 MonthsCurrent
Vinodini Satyapal Mayor
Also directs: Permionics India Private Limited
Director07 Apr 200323 Years 6 MonthsCurrent
Satyajai Satyapal Mayor
Also directs: Permionics Global Technologies LLP, Permionics India Private Limited
Managing Director07 Apr 200323 Years 6 MonthsCurrent
View all directors

Auditor

Permionics Membranes Private Limited is audited by K. M. SWADIA & CO. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
K. M. SWADIA & CO.FY 2024110740W

Shareholding

The shareholding of Permionics Membranes 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 categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Permionics Membranes Private Limited, buy the company report.

Charges & borrowings

Open charges
₹37.23 Cr
Satisfied charges
₹4.42 Cr
Breakdown by lending institutions
State Bank of India₹37.01 Cr
Others₹0.22 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Aug 2025101133695Others₹22 LakhOpen
17 Apr 200610011480State Bank of India₹35.12 CrOpen
18 Apr 200390105234State Bank of India₹1.89 CrOpen
27 Mar 2023100727864Hdfc Bank Limited₹17.21 LakhSatisfied
30 Oct 201510603465Aditya Birla Finance Limited₹3.5 CrSatisfied

To see the full charge records of Permionics Membranes Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Permionics Membranes Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in March 2024.

Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹20 Lakh

Deals on record (4 of 4)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Mar 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2021Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Mar 2007Funding round₹20 LakhInvestors: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Permionics Membranes Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 240 overdue payments to 109 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 109)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Digital Instruments Corporation
an individual supplier
|Atcoflex Hydraulic & Engineering Co.

To see the full MSME payment records of Permionics Membranes Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Permionics Membranes has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AACCP9167E1ZDGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Permionics Membranes Private Limited, buy the company report.

Recent activity

Permionics Membranes Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Jose Yohannan Vazhappallil ceased to be Managing Director on 21 May 2013.

Charges
A charge registered on 27 Mar 2023 via Charge ID 100727864 with Hdfc Bank Limited was fully satisfied on 17 Jul 2026.
Charges
A charge with State Bank Of India of Rs. 35.12 Cr registered on 17 Apr 2006 with Charge ID 10011480 was modified on 06 Jun 2026.
Charges
A charge with State Bank Of India of Rs. 1.89 Cr registered on 18 Apr 2003 with Charge ID 90105234 was modified on 06 Jun 2026.
AGM
Permionics Membranes Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Charges
A charge registered on 01 Jan 2005 via Charge ID 90105990 with State Bank Of India was fully satisfied on 18 Aug 2025.
Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 101133695 was registered on 07 Aug 2025.
Filing
Permionics Membranes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100727864 was registered on 27 Mar 2023.
Charges
A charge registered on 30 Oct 2015 via Charge ID 10603465 with Aditya Birla Finance Limited was fully satisfied on 12 Jun 2019.
Charges
A charge with Aditya Birla Finance Limited amounted to Rs. 3.50 Cr with Charge ID 10603465 was registered on 30 Oct 2015.
Ceased
Jose Yohannan Vazhappallil ceased to be Managing Director.
Charges
A charge with State Bank Of India amounted to Rs. 35.12 Cr with Charge ID 10011480 was registered on 17 Apr 2006.

6 earlier events are in the company report.

News

Frequently asked questions

Permionics Membranes is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 07 April 2003 (23+ years old) and is registered under CIN U29197GJ2003PTC042216.

Permionics Membranes has 3 current directors:

The latest financial statements of Permionics Membranes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Permionics Membranes is 24AACCP9167E1ZD, 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 Permionics Membranes is U29197GJ2003PTC042216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Permionics Membranes has 17 court cases on record: 9 filed by the company and 8 filed against it. 3 are pending. Most are in the district courts.

Permionics Membranes was incorporated on 07 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Permionics Membranes has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in March 2024.

Jose Yohannan Vazhappallil ceased to be Managing Director on 21 May 2013. Satyajai Satyapal Mayor was appointed as Managing Director on 07 Apr 2003. Satyajit Satyapal Mayor was appointed as Director on 07 Apr 2003. Permionics Membranes has 4 board changes on record in total.

Yes, Permionics Membranes is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0006400).

Permionics Membranes has 14 MSME Form 1 returns on record between 2019 and 2024, listing 240 overdue payments to 109 micro and small suppliers. The latest return was filed on 27 Apr 2024.