About Piab Vacuum Technology Private Limited
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Piab Vacuum Technology Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Piab Management Ab. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 04 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U46599MH2009PTC190700. Its GSTIN is 27AAFCP3130Q1Z4 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹12.58 Lakh. It is led by directors Uday Shriram Kshirsagar and Monika Annette Hagg.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Room No 005 Jivdani Apartment Ambika Nagar Alkapuri Nallasopara East, Thane, Maharashtra, India – 401209.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.29 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.71 Cr (net margin 12.9%) and EBITDA of ₹2.43 Cr (EBITDA margin 18.3%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 21% over five years.
The company is associated with 1 brand: Piab. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piab.com.
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- Registered AddressRoom No 005 Jivdani Apartment Ambika Nagar Alkapuri Nallasopara East, Thane, Maharashtra, India – 401209
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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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Business Activity of Piab Vacuum Technology Private Limited
The main business activity of Piab Vacuum Technology is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Piab Vacuum Technology Private Limited FY 2025 filings available
Piab Vacuum Technology Private Limited reported revenue of ₹13.29 Cr (up 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Piab Vacuum Technology Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 32% growth in the latest year. EBITDA rose 43% 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 of Piab Vacuum Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.43 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.71 Cr | •••• | •••• | •••• | •••• |
| 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 of Piab Vacuum Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Piab Vacuum Technology are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Piab Vacuum Technology Private Limited
Piab Vacuum Technology Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shivrajya Krushi Mitra Producer Company Limited | ₹13.37 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Latur, Maharashtra, India |
| Ayana Energy Private Limited | ₹13.37 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Hyderabad, Telangana, India |
| Quality Agencies Private Limited | ₹13.36 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
| Sna Power Engineering Private Limited | ₹13.34 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Chandigarh, India |
| Durg Engineering Ventures Private Limited | ₹13.3 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Chomu, Rajasthan, India |
| Piab Vacuum Technology Private Limited this company | ₹13.29 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Thane, Maharashtra, India |
| Smartnode Automations Private Limited | ₹13.28 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Gorwa, Gujarat, India |
| KNS Air Systems Private Limited | ₹13.28 Cr (FY 2025) | •••• | •••• | 850.0% | •••• | New Delhi, Delhi, India |
| Naadaum Udyam Private Limited | ₹13.27 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Ponda, Goa, India |
| Voltaic Power Private Limited | ₹13.26 Cr (FY 2023) | •••• | •••• | 29.0% | •••• | Delhi, India |
| Ctech Energy Private Limited | ₹13.25 Cr (FY 2021) | •••• | •••• | -21.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Piab Vacuum Technology by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Piab Vacuum Technology Private Limited
Piab Vacuum Technology has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uday Shriram Kshirsagar | Director | 22 Mar 2018 | 8 Years 6 Months | Current |
| Monika Annette Hagg | Additional Director | 14 Oct 2025 | 0 Years 11 Months | Current |
Charges & Borrowings of Piab Vacuum Technology Private Limited
Piab Vacuum Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Piab Vacuum Technology Private Limited
Piab Vacuum Technology Private Limited has 2 court cases on record: 2 filed by Piab Vacuum Technology. All cases are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against Commissioner of State Tax | Disposed |
| Madras High Court | Writ petition | Filed by the company against Commissioner of State Tax | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Piab Vacuum Technology Private Limited
Employment history and EPFO contributions of people linked to Piab Vacuum Technology.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Piab Vacuum Technology Private Limited
Piab Vacuum Technology has one previous CIN (Corporate Identification Number): U29268MH2009PTC190700. The current CIN is U46599MH2009PTC190700, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46599MH2009PTC190700 | Current |
| U29268MH2009PTC190700 | Previous |
News related to Piab Vacuum Technology Private Limited
Recent Activity on Piab Vacuum Technology Private Limited
Piab Vacuum Technology Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Wong Mui Ching ceased to be Director on 31 Dec 2025.
Credit Ratings, Litigation & Regulatory Alerts for Piab Vacuum Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Piab Vacuum Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Piab Vacuum Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Piab Vacuum Technology Private Limited
Piab Vacuum Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP3130Q1Z4 | Maharashtra | Active | 25 Nov 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Piab Vacuum Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Piab Vacuum Technology Private Limited
Piab Vacuum Technology is an active private limited company based in Thane, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 04 March 2009 (17+ years old) and is registered under CIN U46599MH2009PTC190700.
Piab Vacuum Technology reported revenue of ₹13.29 Cr for FY 2024 (up 32% YoY).
Piab Vacuum Technology has 2 current directors:
- Uday Shriram Kshirsagar - Director
- Monika Annette Hagg - Additional Director
Piab Vacuum Technology reported a net profit of ₹1.71 Cr (net margin 12.9%) and EBITDA of ₹2.43 Cr (EBITDA margin 18.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Piab Vacuum Technology is 24% over three years and 21% over five years. In the latest year (FY 2024) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Piab Vacuum Technology is 27AAFCP3130Q1Z4, registered in Maharashtra. 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 Piab Vacuum Technology is U46599MH2009PTC190700. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piab Vacuum Technology has 2 court cases on record: 2 filed by the company.
Piab Vacuum Technology was incorporated on 04 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Piab Vacuum Technology by revenue are Shivrajya Krushi Mitra Producer Company Limited, Ayana Energy Private Limited, Quality Agencies Private Limited, Sna Power Engineering Private Limited, Durg Engineering Ventures Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Wong Mui Ching ceased to be Director on 31 Dec 2025. Monika Annette Hagg was appointed as Additional Director on 14 Oct 2025. Uday Shriram Kshirsagar was appointed as Director on 22 Mar 2018. Piab Vacuum Technology has 5 board changes on record in total.