Pil Industries Limited
About Pil Industries Limited
Data last updated:
Pil Industries Limited was a public limited company based in W.E.F.01/11/2003, Maharashtra, India, operated as a subsidiary of Eses Commercials Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial holding companies segment of the financial services sector. It was incorporated on 15 July 1987.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1987PLC044078. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹41 Cr and a paid-up capital of ₹7.97 Cr. It was led by directors including Avni Kishore Biyani and Abhishek Taparia.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at W.E.F.01/11/2003, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹421.57 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹4.61 Cr (net margin 1.1%) and EBITDA of ₹27.52 Cr (EBITDA margin 6.5%).
The company had about 3 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 2 subsidiaries and 4 joint ventures.
As per MCA filings, the company had satisfied charges of ₹2,319.51 Cr on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 7 cases are pending.
Company details
CIN history
Pil Industries has one previous CIN (Corporate Identification Number): L99999MH1987PLC044078. The current CIN is U99999MH1987PLC044078, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1987PLC044078 | Current |
| L99999MH1987PLC044078 | Previous |
Contact details
Pil Industries Limited's registered office is in W.E.F.01/11/2003, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKnowledge House Shyam Nagar Off Jogeshwar – Vkrol Link Rd. Jogeshwari, (E) Mumbai – 400060, W.E.F.01/11/2003, Maharashtra, India
- IndustryFinancial Services, Financial Holding Companies
To see the full contact details of Pil Industries 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
Business activity
The main business activity of Pil Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Pil Industries Limited, buy the company report.
Financials of Pil Industries Limited
FY 2016 filings availablePil Industries Limited reported revenue of ₹421.57 Cr (up 2% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year. EBITDA rose 259% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹421.57 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹27.52 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹4.61 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.5% | |
| Net Profit Margin | 1.1% | |
| 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 Pil Industries Limited, buy the company report.
Board of directors of Pil Industries Limited
Pil Industries has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avni Kishore Biyani Also directs: Foodstories Private Limited | Director | 30 Mar 2015 | 11 Years 7 Months | As last reported |
| Abhishek Taparia | Director | 30 Mar 2015 | 11 Years 7 Months | As last reported |
| Vijay Laxminarayan Biyani Also directs: Santosh V K Investments Management LLP | Director | 01 Oct 1991 | 35 Years 0 Months | As last reported |
| Anil L Biyani Also directs: Future Market Networks Limited, Future Hospitality Private Limited, Future Money Financial Services Limited and 4 more | Director | 01 Oct 1991 | 35 Years 0 Months | As last reported |
| Sunil Gopikishan Biyani Also directs: Future Market Networks Limited, Bansi Mall Management Company Private Limited, Biyani Capital Resources LLP and 5 more | Director | 01 Oct 1991 | 35 Years 0 Months | As last reported |
| Ajay Dedhia Nemchand | Director | 30 Mar 2015 | 11 Years 7 Months | As last reported |
Auditor
Pil Industries Limited is audited by R JANGIR & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R JANGIR & CO | FY 2016 | 140085W |
Shareholding
The shareholding of Pil Industries Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Pil Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2017 | 100100232 | Others | ₹185 Cr | Satisfied | |
| 30 Mar 2017 | 100093390 | Yes Bank Limited | ₹500 Cr | Satisfied | |
| 20 Dec 2016 | 100068583 | Others | ₹600 Cr | Satisfied | |
| 29 Mar 2016 | 100027275 | Idbi Trusteeship Services Limited | ₹100 Cr | Satisfied | |
| 09 Mar 2015 | 10571001 | Idbi Bank Limited | ₹150 Cr | Satisfied |
To see the full charge records of Pil Industries Limited, buy the company report.
Total charge records: 24 View all charges
Legal cases
Pil Industries Limited has 13 court cases on record: 9 filed by Pil Industries, 4 filed against it. 7 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 3 | 7 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Deccan Chronicle Holdings Ltd. and 6 Ors | Pending |
| Bombay High Court | Court case (S) | Filed by the company against Deccan Chronicle Holdings Ltd. and 6 Ors | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against Deccan Chronicle Holdings Ltd. and 6 Ors | Pending |
| Bombay High Court | Court case (APP) | Filed against the company by Deccan Chronicle Holdings Ltd. | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Pil Industries 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
Pil Industries Limited was last rated by Icra on 15 Jan 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Jan 2018 |
To see the full credit ratings and regulatory alerts of Pil Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pil Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Pil Industries has 2 subsidiary companies, 4 joint ventures, and 2 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Future Hospitality Management Limited | U85110MH2007PLC169493 | |
| Future Hospitality Management Limited | U85110MH2007PLC169493 |
To see the full group structure of Pil Industries Limited, buy the company report.
Employees & EPFO
Pil Industries Limited has a workforce of 3 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Pil Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pil Industries Limited, buy the company report.
Recent activity
Pil Industries Limited has 19 board changes on record since 1991: 6 appointments and 13 cessations. The latest: Abhishek Taparia ceased to be Additional Director on 30 Sep 2015.
71 earlier events are in the company report.
Frequently asked questions
Pil Industries has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Pil Industries was a public limited company based in W.E.F.01/11/2003, Maharashtra, India. The company worked in financial holding companies, within the financial services industry. It was incorporated on 15 July 1987 and is registered under CIN U99999MH1987PLC044078. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Pil Industries was incorporated on 15 July 1987. It is registered with the Registrar of Companies, Mumbai.
Pil Industries had 6 directors:
- Avni Kishore Biyani - Director
- Abhishek Taparia - Director
- Vijay Laxminarayan Biyani - Director
- Anil L Biyani - Director
- Sunil Gopikishan Biyani - Director
- Ajay Dedhia Nemchand - Director
The CIN (Corporate Identification Number) of Pil Industries is U99999MH1987PLC044078. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Pil Industries is at Knowledge House Shyam Nagar Off Jogeshwar – Vkrol Link Rd. Jogeshwari, E Mumbai – 400060, W.E.F.01112003, Maharashtra, India.
The latest financial statements of Pil Industries on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Pil Industries has 1 GST registration on record and it is cancelled or inactive.
Pil Industries operated in the financial services industry, in the financial holding companies segment.
Pil Industries has 13 court cases on record: 9 filed by the company and 4 filed against it. 7 are pending. Most are in the high courts.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
