MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-11-0002227
Pieco India Engineering Company Private Limited - energy and power in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹122.21 Cr
▲ 21% YoY
Net profit · FY 2025
₹6.85 Cr
Net margin 5.6%
EBITDA · FY 2025
₹11.38 Cr
EBITDA margin 9.3%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.02 Lakh
Issued & subscribed
Open charges
₹73.04 Cr
Satisfied ₹6 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
10
Provident fund records
About Pieco India Engineering Company Private Limited
Data last updated:
Pieco India Engineering Company Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 29 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1991PTC044140. Its GSTIN is 07AAACP1651R2Z2 (Delhi). The company holds 18 GST registrations, of which 16 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.02 Lakh. It is led by directors including Sunita Verma and Munish Kumar Verma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 36 A First Floor DLF Industrial Area, Najafgarh Road Kirti Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹122.21 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹6.85 Cr (net margin 5.6%) and EBITDA of ₹11.38 Cr (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 52% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹73.04 Cr and satisfied charges of ₹6 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 2 cases are pending.
Pieco India Engineering Company Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-11-0002227). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pieco.in.
Company details
CIN U74899DL1991PTC044140
Registration Number 044140
Incorporation Date 29 April 1991
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-11-0002227
Recognitions & Rankings of Pieco India Engineering Company
Contact details
Pieco India Engineering Company Private Limited's registered office is in New Delhi, Delhi. Its website is pieco.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address36 A First Floor DLF Industrial Area, Najafgarh Road Kirti Nagar, New Delhi, Delhi, India – 110015
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Pieco India Engineering Company Private Limited, buy the company report.
Comprehensive company report
Pieco India Engineering Company 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Pieco India Engineering Company is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Pieco India Engineering Company Private Limited, buy the company report.
Financials of Pieco India Engineering Company Private Limited
FY 2024 filings availablePieco India Engineering Company Private Limited reported revenue of ₹122.21 Cr (up 21% YoY) for FY 2025.
Revenue · FY 2025
₹122.21 Cr ▲ 21%
Net profit · FY 2025
₹6.85 Cr margin 5.6%
EBITDA · FY 2025
₹11.38 Cr margin 9.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 49%
5 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 50%
5 years · compounded
▲ 46%
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 21% growth in the latest year. EBITDA rose 33% 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 | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹11.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.85 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Pieco India Engineering Company Private Limited, buy the company report.
Board of directors of Pieco India Engineering Company Private Limited
Pieco India Engineering Company has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Verma | Director | 27 Dec 2022 | 3 Years 10 Months | Current |
| Munish Kumar Verma Also directs: Pieco Labs LLP | Director | 27 Feb 1994 | 32 Years 8 Months | Current |
| Narinder Kumar Verma | Director | 05 Jul 2005 | 21 Years 4 Months | Current |
Auditor
Pieco India Engineering Company Private Limited is audited by N D R & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N D R & ASSOCIATES | FY 2024 | 024815N |
Shareholding
The shareholding of Pieco India Engineering Company 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 category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pieco India Engineering Company Private Limited, buy the company report.
Charges & borrowings
Open charges
₹73.04 Cr
Satisfied charges
₹6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2025 | 101178509 | Hdfc Bank Limited | ₹1.82 Cr | Open | |
| 08 Aug 2024 | 100966005 | Hdfc Bank Limited | ₹14 Cr | Open | |
| 06 May 2024 | 100912898 | Hdfc Bank Limited | ₹7.88 Cr | Open | |
| 06 May 2024 | 100918283 | Hdfc Bank Limited | ₹7.88 Cr | Open | |
| 12 Jul 2016 | 100040012 | Others | ₹41.47 Cr | Open |
To see the full charge records of Pieco India Engineering Company Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Pieco India Engineering Company Private Limited has 7 court cases on record: 4 filed by Pieco India Engineering Company, 3 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
4
Filed against the company
3
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Court case (Regular Suit) | Filed by the company against Ms Sahara India Medical Institute Ltd. | Pending |
| NCLT, Kolkata | Insolvency matter | Filed by the company against M/S Suasth Health Care (India) Limited | Disposed |
| District court, Lucknow, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against Ms Sahara India Medical Institute Ltd. | Disposed |
| District court, South West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Pieco India Engineering Company 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 Pieco India Engineering Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pieco India Engineering Company Private Limited has a workforce of 10 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
GST
Pieco India Engineering Company has 18 GST registrations: 16 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
18
Active
16
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP1651R2Z2 | Delhi | Active | 01 Jul 2017 |
| 06AAACP1651R2Z4 | Haryana | Active | 01 Jul 2017 |
| 09AAACP1651R1ZZ | Uttar Pradesh | Active | 01 Jul 2017 |
| 08AAACP1651R1Z1 | Rajasthan | Active | 13 Sep 2017 |
To see the full GST registrations and return filing status of Pieco India Engineering Company Private Limited, buy the company report.
Recent activity
Pieco India Engineering Company Private Limited has 5 board changes on record since 1994: 3 appointments and 2 cessations. The latest: Sunita Verma was appointed as Director on 27 Dec 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 14.00 Cr registered on 08 Aug 2024 with Charge ID 100966005 was modified on 13 Nov 2025.
Charges
A charge with Others of Rs. 41.47 Cr registered on 12 Jul 2016 with Charge ID 100040012 was modified on 10 Nov 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.82 Cr with Charge ID 101178509 was registered on 30 Oct 2025.
AGM
Pieco India Engineering Company Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.00 Cr with Charge ID 100966005 was registered on 08 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.88 Cr with Charge ID 100912898 was registered on 06 May 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.88 Cr with Charge ID 100918283 was registered on 06 May 2024.
Filing
Pieco India Engineering Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Sunita Verma was appointed as Director.
Charges
A charge registered on 28 Feb 2019 via Charge ID 100267425 with Others was fully satisfied on 22 Dec 2022.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100267425 was registered on 28 Feb 2019.
Charges
A charge with Others amounted to Rs. 41.47 Cr with Charge ID 100040012 was registered on 12 Jul 2016.
5 earlier events are in the company report.
Frequently asked questions
Pieco India Engineering Company is an active private limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 29 April 1991 (35+ years old) and is registered under CIN U74899DL1991PTC044140.
Pieco India Engineering Company has 3 current directors:
- Sunita Verma - Director
- Munish Kumar Verma - Director
- Narinder Kumar Verma - Director
The latest financial statements of Pieco India Engineering Company on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pieco India Engineering Company is 07AAACP1651R2Z2, registered in Delhi. The company has 18 GST registrations in all, of which 16 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAACP1651R2Z4 (Haryana), 09AAACP1651R1ZZ (Uttar Pradesh), 08AAACP1651R1Z1 (Rajasthan).
The CIN (Corporate Identification Number) of Pieco India Engineering Company is U74899DL1991PTC044140. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pieco India Engineering Company has 7 court cases on record: 4 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Pieco India Engineering Company was incorporated on 29 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
Sunita Verma was appointed as Director on 27 Dec 2022. Anita Verma ceased to be Director on 12 Oct 2007. Mamta Mittal ceased to be Director on 12 Oct 2007. Pieco India Engineering Company has 5 board changes on record in total.
Yes, Pieco India Engineering Company is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-11-0002227).
Pieco India Engineering Company can be reached through the website pieco.in. Its registered office is in New Delhi, Delhi, India.
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