- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-27-0036846

About Pesmel Technology India Private Limited
Data last updated:
Pesmel Technology India Private Limited is a private limited company based in Kharghar, Maharashtra, India, a subsidiary of M/S . Pesmel Oy. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 13 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29255MH2009PTC190919. Its GSTIN is 27AAFCP0381H1ZG (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.62 Cr and a paid-up capital of ₹1.39 Cr. It was formerly known as Pesmel Packaging India Private Limited. It is led by directors including Jathan Soundararajan Srikumar (Whole-Time Director) and Singaram Arjunan.
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 Shop No. 16 Shah Heights Co – Operative Housing Society Plot No. 22 Sector 7, Kharghar, Maharashtra, India – 410210.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.17 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹2.33 Cr (net margin 8%) and EBITDA of ₹3.35 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 78% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pesmel. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
Pesmel Technology India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0036846). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pesmel.com.
Company details
Recognitions & Rankings of Pesmel Technology India
Contact details
Pesmel Technology India Private Limited's registered office is in Kharghar, Maharashtra. Its website is pesmel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No. 16 Shah Heights Co – Operative Housing Society Plot No. 22 Sector 7, Kharghar, Maharashtra, India – 410210
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Pesmel Technology 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
Pesmel Technology India operates one associated brand: Pesmel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of automated material handling systems for various industries | pesmel.com |
Business activity
The main business activity of Pesmel Technology India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| 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 | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Pesmel Technology India Private Limited, buy the company report.
Financials of Pesmel Technology India Private Limited
FY 2024 filings availablePesmel Technology India Private Limited reported revenue of ₹29.17 Cr (up 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 78% over five years, including 68% growth in the latest year. EBITDA rose 111% 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 | ₹3.35 Cr | ||||
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| Net Profit (PAT) | ₹2.33 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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| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | 8% | ||||
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To see the full financial statements and ratios of Pesmel Technology India Private Limited, buy the company report.
Board of directors of Pesmel Technology India Private Limited
Pesmel Technology India has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Singaram Arjunan | Director | 24 May 2024 | 2 Years 5 Months | Current |
| Jathan Soundararajan Srikumar | Whole-Time Director | 08 Jun 2017 | 9 Years 4 Months | Current |
| Jagannathan Rajagopalan | Director | 15 Jul 2012 | 14 Years 3 Months | Current |
| Marko Kristian Heikkinen | Additional Director | 10 Oct 2024 | 2 Years 0 Months | Current |
Auditor
Pesmel Technology India Private Limited is audited by C. M. GABHAWALA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. M. GABHAWALA & CO. | FY 2023 | 102870W |
Shareholding
The shareholding of Pesmel Technology India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pesmel Technology India Private Limited, buy the company report.
Legal cases
Pesmel Technology India Private Limited has 2 court cases on record: 1 filed by Pesmel Technology India, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Accuweigh Automation and Solutions Pvt.Ltd. Bhokte and 3 others | Pending |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra and Anr | Pending |
To see the full case history of Pesmel Technology 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
No delayed payments to MSME suppliers are on our record for Pesmel Technology India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pesmel Technology India Private Limited has a workforce of 34 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Pesmel Technology India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP0381H1ZG | Maharashtra | Active | 01 Jul 2017 |
| 33AAFCP0381H1ZN | Tamil Nadu | Active | 11 Sep 2024 |
To see the full GST registrations and return filing status of Pesmel Technology India Private Limited, buy the company report.
Recent activity
Pesmel Technology India Private Limited has 13 board changes on record since 2012: 4 appointments and 9 cessations. The latest: Jathan Soundararajan Srikumar ceased to be Whole-Time Director on 25 Oct 2024.
4 earlier events are in the company report.
Frequently asked questions
Pesmel Technology India is an active private limited company based in Kharghar, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 13 March 2009 (17+ years old) and is registered under CIN U29255MH2009PTC190919.
Pesmel Technology India has 4 current directors:
- Jathan Soundararajan Srikumar - Whole-Time Director
- Singaram Arjunan - Director
- Jagannathan Rajagopalan - Director
- Marko Kristian Heikkinen - Additional Director
The latest financial statements of Pesmel Technology 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 Pesmel Technology India is 27AAFCP0381H1ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAFCP0381H1ZN (Tamil Nadu).
The CIN (Corporate Identification Number) of Pesmel Technology India is U29255MH2009PTC190919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pesmel Technology India has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Pesmel Technology India was incorporated on 13 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Jathan Soundararajan Srikumar ceased to be Whole-Time Director on 25 Oct 2024. Marko Kristian Heikkinen was appointed as Additional Director on 10 Oct 2024. Singaram Arjunan ceased to be Additional Director on 29 Sep 2024. Pesmel Technology India has 13 board changes on record in total.
Yes, Pesmel Technology India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-27-0036846).
Pesmel Technology India can be reached through the website pesmel.com. Its registered office is in Kharghar, Maharashtra, India.