Pioneer Electromatic Private Limited
About Pioneer Electromatic Private Limited
Data last updated:
Pioneer Electromatic Private Limited was a private limited company based in Kolhapur, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the accommodation services by hotel segment of the tourism and accommodation sector. It was incorporated on 17 March 1998.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29305MH1998PTC114001. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.8 Lakh.
Its last annual general meeting (AGM) was held on 30 May 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 563/E Ward 1st Lane Shahupuri, Kolhapur, Maharashtra, India – 416001.
As per the financials filed for FY 2020, the company reported a revenue of ₹32.35 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹4.49 Lakh (net margin -13.9%) and EBITDA of ₹5.22 Lakh (EBITDA margin 16.1%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 15% over five years.
As per MCA filings, the company has satisfied charges of ₹3.52 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Pioneer Electromatic Private Limited's registered office is in Kolhapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address563/E Ward 1st Lane Shahupuri, Kolhapur, Maharashtra, India – 416001
- IndustryTourism And Accommodation, Accommodation Services By Hotel, Resorts, Hostel, Inns, Holiday Homes
To see the full contact details of Pioneer Electromatic 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
Business activity
The main business activity of Pioneer Electromatic is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Pioneer Electromatic Private Limited, buy the company report.
Financials of Pioneer Electromatic Private Limited
FY 2020 filings availablePioneer Electromatic Private Limited reported revenue of ₹32.35 Lakh (down 12% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 12% fall in the latest year. EBITDA fell 46% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | ₹5.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.49 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.1% | ||||
| Net Profit Margin | -13.9% | ||||
| 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 Pioneer Electromatic Private Limited, buy the company report.
Board of directors of Pioneer Electromatic Private Limited
Pioneer Electromatic has 2 former directors on record and no current directors listed.
Auditor
Pioneer Electromatic Private Limited is audited by DINESHDRUPENDRASHAH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESHDRUPENDRASHAH | FY 2017 | 041329 |
Shareholding
The shareholding of Pioneer Electromatic Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Pioneer Electromatic Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2017 | 100144869 | Others | ₹45.75 Lakh | Satisfied | |
| 27 Jan 2012 | 10337035 | Shri Mahalaxmi Co-Operative Bank Limited | ₹5 Lakh | Satisfied | |
| 24 Jan 2012 | 10337027 | Shri Mahalaxmi Co-Operative Bank Limited | ₹10 Lakh | Satisfied | |
| 19 Nov 2010 | 10254160 | Shree Mahalaxmi Cooperative Bank Ltd | ₹40 Lakh | Satisfied | |
| 23 Aug 2010 | 10239608 | Shri Mahalaxmi Co-Operative Bank Ltd. | ₹20 Lakh | Satisfied |
To see the full charge records of Pioneer Electromatic Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Pioneer Electromatic Private Limited has 1 court case on record: 1 filed by Pioneer Electromatic. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Court case (R.C.C.) | Filed by the company against an individual | Disposed |
To see the full case history of Pioneer Electromatic 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 Pioneer Electromatic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pioneer Electromatic 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 Pioneer Electromatic Private Limited, buy the company report.
Recent activity
Pioneer Electromatic Private Limited has 2 board changes on record since 2020: 0 appointments and 2 cessations. The latest: Mahesh Ganeshrao Kulkarni ceased to be Managing Director on 14 Jun 2020.
31 earlier events are in the company report.
Frequently asked questions
Pioneer Electromatic has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Pioneer Electromatic was a private limited company based in Kolhapur, Maharashtra, India. The company worked in accommodation services by hotel, within the tourism and accommodation industry. It was incorporated on 17 March 1998 and is registered under CIN U29305MH1998PTC114001. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Pioneer Electromatic is U29305MH1998PTC114001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pioneer Electromatic was incorporated on 17 March 1998. It is registered with the Registrar of Companies, Mumbai.
The registered office of Pioneer Electromatic is at 563E Ward 1st Lane Shahupuri, Kolhapur, Maharashtra, India – 416001.
The latest financial statements of Pioneer Electromatic on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 May 2020. Year-wise statements from 2015 are in the company report.
No. Pioneer Electromatic has 1 GST registration on record and it is cancelled or inactive.
Pioneer Electromatic operated in the tourism and accommodation industry, in the accommodation services by hotel segment.
Pioneer Electromatic has 1 court case on record: 1 filed by the company.
Mahesh Ganeshrao Kulkarni ceased to be Managing Director on 14 Jun 2020. Yogita Mahesh Kulkarni ceased to be Director on 14 Jun 2020.
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.
