India's Richest People 2026 edition · 1 director · Source: Hurun India
- #633 Daljit Singh ₹5,100 Cr
Revenue · FY 2025
₹483.67 Cr
▲ 42% YoY
Net profit · FY 2025
₹18.74 Cr
Net margin 3.9%
EBITDA · FY 2025
₹50.75 Cr
EBITDA margin 10.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.64 Cr
Issued & subscribed
Open charges
₹257.5 Cr
Satisfied ₹265.87 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
223
Provident fund records
About Picl (India) Private Limited
Data last updated:
Picl (India) Private Limited is a private limited company based in Faridabad, Haryana, India, a subsidiary of Amber Enterprises India Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 13 September 1994 and has been in existence for over 32 years.
Its director Daljit Singh is #633 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899HR1994PTC113718. Its GSTIN is 06AACCP4524H1ZM (Haryana). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.64 Cr. It was formerly known as Polar Intercontinental Private Limited. It is led by directors including Harpreet Sukhija (Whole-Time Director) and Daljit Singh.
Its last annual general meeting (AGM) was held on 08 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 69, Faridabad, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹483.67 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹18.74 Cr (net margin 3.9%) and EBITDA of ₹50.75 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 21% over five years.
The company has about 223 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: PICL India. As per MCA filings, the company has open charges of ₹257.5 Cr and satisfied charges of ₹265.87 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 1 case is pending. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹10,000; the latest was in April 2014. Its 3 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 1 smaller; the largest is Sunbeam Generators Private Limited with revenue of ₹493.43 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piclindia.com.
Company details
CIN U74899HR1994PTC113718
Registration Number 113718
Incorporation Date 13 September 1994
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 08 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Amber Enterprises India Limited
Compliance Status Active Compliant
CIN history
Picl (India) has one previous CIN (Corporate Identification Number): U74899DL1994PTC061471. The current CIN is U74899HR1994PTC113718, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899HR1994PTC113718 | Current |
| U74899DL1994PTC061471 | Previous |
Recognitions & Rankings of Picl (India)
Contact details
Picl (India) Private Limited's registered office is in Faridabad, Haryana. Its website is piclindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIndustrial Model Township Plot 619, Sector 69, Faridabad, Haryana, India – 121009
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Picl (India) Private Limited, buy the company report.
Comprehensive company report
Picl (India) 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
Picl (India) operates one associated brand: PICL India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Induction motors for air conditioning and cooler units are manufactured. | piclindia.com |
Business activity
The main business activity of Picl (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 Picl (India) Private Limited, buy the company report.
Financials of Picl (India) Private Limited
FY 2025 filings availablePicl (India) Private Limited reported revenue of ₹483.67 Cr (up 42% YoY) for FY 2025.
Revenue · FY 2025
₹483.67 Cr ▲ 42%
Net profit · FY 2025
₹18.74 Cr margin 3.9%
EBITDA · FY 2025
₹50.75 Cr margin 10.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 27%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 30%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 42% growth in the latest year. EBITDA rose 45% 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 |
|---|---|---|---|---|---|
| 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 | ₹50.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.74 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 3.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Picl (India) Private Limited, buy the company report.
Board of directors of Picl (India) Private Limited
Picl (India) has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daljit Singh Also directs: Amber Enterprises India Limited, Ascent-K Circuit Private Limited, Amber Digital Technologies Private Limited and 5 more | Director | 12 Nov 2012 | 13 Years 11 Months | Current |
| Harpreet Sukhija | Whole-Time Director | 05 Aug 2024 | 2 Years 3 Months | Current |
| Sanjay Arora Also directs: Ascent-K Circuit Private Limited, Amber Digital Technologies Private Limited, Iljin Digital Technologies Private Limited and 5 more | Director | 16 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Picl (India) Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunbeam Generators Private Limited | ₹493.43 Cr (FY 2025) | 25.0% | Chennai, Tamil Nadu, India | |||
| Flender Drive Systems Private Limited | ₹489.36 Cr (FY 2025) | 87.0% | Kanchipuram, Tamil Nadu, India | |||
| Picl (India) Private Limitedthis company | ₹483.67 Cr (FY 2025) | ₹18.74 Cr | 3.9% | 42.0% | 223 | Faridabad, Haryana, India |
| Redren Energy Private Limited | ₹464.32 Cr (FY 2025) | 135.0% | Wankaner Morbi, Gujarat, India |
To see the full peer comparison of Picl (India) Private Limited, buy the company report.
Auditor
Picl (India) Private Limited is audited by S R BATLIBOI & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R BATLIBOI & CO LLP | FY 2023 | 301003E/E300005 |
Shareholding
The shareholding of Picl (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 Picl (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹257.5 Cr
Satisfied charges
₹265.87 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Apr 2025 | 101111068 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 13 May 2024 | 100925757 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 08 Apr 2024 | 100907578 | Citi Bank N.A. | ₹30 Cr | Open | |
| 18 Mar 2024 | 100899178 | Others | ₹30 Cr | Open | |
| 16 Nov 2022 | 100645523 | Others | ₹40 Cr | Open |
To see the full charge records of Picl (India) Private Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Picl (India) Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹10,000; the latest was in April 2014.
Total deals
4
Secondary share transfers
2
Funding round
1
Acquisition
1
Disclosed funding
₹10,000
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2014 | Secondary share transfer | Undisclosed | Buyer: Amber Enterprises India Limited Seller: an individual |
| Mar 2014 | Funding round | ₹10,000 | Investors: Amber Enterprises (India) Private Limited & Jasbir Singh |
| Nov 2012 | Acquisition | ₹41.75 Cr | Buyer: Amber Enterprises India Limited Seller: 2 individuals |
| Dec 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Picl (India) Private Limited has 6 court cases on record: 2 filed by Picl (India), 4 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
2
Filed against the company
4
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 1 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Faridabad, Haryana | Court case (SUMM) | Filed against the company by State of Haryana | Disposed |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against individuals | Disposed |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against an individual | Disposed |
To see the full case history of Picl (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.
Credit ratings & regulatory alerts
Picl (India) Private Limited was last rated by Crisil on 30 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Nov 2020 |
To see the full credit ratings and regulatory alerts of Picl (India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Picl (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Picl (India) Private Limited has a workforce of 223 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
Employee count
223
Active EPFO establishments
2
Employee growth
14.36%
GST
Picl (India) has 5 GST registrations: 2 active and 3 cancelled or inactive.
Total GSTINs
5
Active
2
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCP4524H1ZM | Haryana | Active | 01 Jul 2017 |
| 02AACCP4524H1ZU | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Picl (India) Private Limited, buy the company report.
Recent activity
Picl (India) Private Limited has 16 board changes on record since 2012: 4 appointments and 12 cessations. The latest: Harpreet Sukhija was appointed as Whole-Time Director on 05 Aug 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 25.00 Cr registered on 13 May 2024 with Charge ID 100925757 was modified on 04 Nov 2025.
AGM
Picl (India) Private Limited last Annual general meeting of members was held on 08 Aug 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 101111068 was registered on 03 Apr 2025.
Filing
Picl (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Citi Bank N.A. of Rs. 30.00 Cr registered on 08 Apr 2024 with Charge ID 100907578 was modified on 12 Mar 2025.
Appointed
Harpreet Sukhija was appointed as Whole-Time Director.
Ceased
Harpreet Sukhija ceased to be Additional Director.
Ceased
Sanjay Arora ceased to be Additional Director.
Charges
A charge registered on 24 Aug 2018 via Charge ID 100199556 with Others was fully satisfied on 29 May 2024.
Charges
A charge registered on 03 Jun 2016 via Charge ID 100032128 with Others was fully satisfied on 29 May 2024.
Appointed
Sanjay Arora was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100925757 was registered on 13 May 2024.
85 earlier events are in the company report.
Frequently asked questions
Picl (India) is an active private limited company based in Faridabad, Haryana, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 13 September 1994 (32+ years old) and is registered under CIN U74899HR1994PTC113718.
Picl (India) has 3 current directors:
- Harpreet Sukhija - Whole-Time Director
- Daljit Singh - Director
- Sanjay Arora - Director
The latest financial statements of Picl (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Picl (India) is 06AACCP4524H1ZM, registered in Haryana. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 02AACCP4524H1ZU (Himachal Pradesh).
The CIN (Corporate Identification Number) of Picl (India) is U74899HR1994PTC113718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Picl (India) has 6 court cases on record: 2 filed by the company and 4 filed against it. 1 is pending.
Picl (India) was incorporated on 13 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
Picl (India) has 4 deals on record (2 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹10,000; the latest was in April 2014.
The peers of Picl (India) by revenue are Sunbeam Generators Private Limited, Flender Drive Systems Private Limited, Redren Energy Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Harpreet Sukhija was appointed as Whole-Time Director on 05 Aug 2024. Harpreet Sukhija ceased to be Additional Director on 05 Aug 2024. Sanjay Arora ceased to be Additional Director on 29 Jul 2024. Picl (India) has 16 board changes on record in total.
Picl (India) can be reached through the website piclindia.com. Its registered office is in Faridabad, Haryana, India.
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