Pip Industries Private Limited

Pip Industries Private Limited - metals and minerals in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U28990GJ2009PTC056164 Incorporated 17 February 2009 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company metals and minerals MSME · Micro
Revenue · FY 2026
₹3.03 Cr
▲ 21% YoY
Net profit · FY 2026
₹9.87 Lakh
Net margin 3.3%
EBITDA · FY 2026
₹36.36 Lakh
EBITDA margin 12%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.98 Lakh
Issued & subscribed
Open charges
₹1.2 Cr
Satisfied ₹13.39 Lakh
Company age
17 yrs
Est. 2009
Employees · EPFO
6
Provident fund records

About Pip Industries Private Limited

Data last updated:

Pip Industries Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 February 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28990GJ2009PTC056164. Its GSTIN is 24AAECP9598F1ZY (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.98 Lakh. It was formerly known as Pip Marine Private Limited. It is led by directors Ryan Joachim Agera (Managing Director) and Terin Ryan Agera.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at C1B – 114 GIDC Bhatpore Ichapore Tal: Choryasi, Surat, Gujarat, India – 394510.

As per the financials filed for FY 2026, the company reported a revenue of ₹3.03 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹9.87 Lakh (net margin 3.3%) and EBITDA of ₹36.36 Lakh (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.

The company has about 6 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.2 Cr and satisfied charges of ₹13.39 Lakh on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.

Pip Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0005730). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pip6.com.

Company details

CIN U28990GJ2009PTC056164
Registration Number 056164
Incorporation Date 17 February 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0005730
Key People
Ryan Joachim Agera Managing Director Terin Ryan Agera Director

Recognitions & Rankings of Pip Industries

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-22-0005730

Contact details

Pip Industries Private Limited's registered office is in Surat, Gujarat. Its website is pip6.com. Its e-mail address is in the company report.

  • Email
  • Website
    pip6.com
  • Registered Address
    C1B – 114 GIDC Bhatpore Ichapore Tal: Choryasi, Surat, Gujarat, India – 394510
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Pip Industries Private Limited, buy the company report.

Comprehensive company report
Pip Industries 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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Business activity

The main business activity of Pip Industries is manufacturing. In detail, this covers manufacture of basic metals.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing24Manufacture of basic metals

To see the full business activity and turnover split of Pip Industries Private Limited, buy the company report.

Financials of Pip Industries Private Limited

FY 2026 filings available

Pip Industries Private Limited reported revenue of ₹3.03 Cr (up 21% YoY) for FY 2026.

Revenue · FY 2026
₹3.03 Cr ▲ 21%
Net profit · FY 2026
₹9.87 Lakh margin 3.3%
EBITDA · FY 2026
₹36.36 Lakh margin 12%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 17%
5 years · compounded
▼ 5%

Revenue has grown at a compounded annual rate (CAGR) of 5% over three years, including 21% growth in the latest year. EBITDA rose 3% 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹3.03 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹36.36 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹9.87 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin12%
Net Profit Margin3.3%
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 Pip Industries Private Limited, buy the company report.

Board of directors of Pip Industries Private Limited

Pip Industries has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ryan Joachim AgeraManaging Director17 Feb 200917 Years 8 MonthsCurrent
Terin Ryan AgeraDirector16 Jan 201610 Years 9 MonthsCurrent
View all directors

Auditor

Pip Industries Private Limited is audited by KPCM & Co. for the financial year 2026.

Auditor firmFinancial yearFirm registration number
KPCM & Co.FY 2026117390W

Shareholding

The shareholding of Pip Industries Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Pip Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.2 Cr
Satisfied charges
₹13.39 Lakh
Breakdown by lending institutions
Others₹1.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Dec 2025101196695Others₹25 LakhOpen
09 Oct 200910181369Others₹95 LakhOpen
06 Nov 201210389763Bank of Baroda₹7 LakhSatisfied
09 Sep 201110309750Bank of Baroda₹6.39 LakhSatisfied

To see the full charge records of Pip Industries Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Pip Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Pip Industries Private Limited has a workforce of 6 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
6
Active EPFO establishments
1
Employee growth
-14.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-276
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Pip Industries Private Limited, buy the company report.

GST

Pip Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAECP9598F1ZYGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Pip Industries Private Limited, buy the company report.

Recent activity

Pip Industries Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Sandeep Shashikant Naik ceased to be Whole-Time Director on 15 Feb 2018.

Filing
Pip Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 101196695 was registered on 06 Dec 2025.
AGM
Pip Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 95.00 Lakh registered on 09 Oct 2009 with Charge ID 10181369 was modified on 21 Dec 2024.
Charges
A charge registered on 06 Nov 2012 via Charge ID 10389763 with Bank Of Baroda was fully satisfied on 19 Sep 2020.
Ceased
Sandeep Shashikant Naik ceased to be Whole-Time Director.
Appointed
Terin Ryan Agera was appointed as Director.
Charges
A charge registered on 09 Sep 2011 via Charge ID 10309750 with Bank Of Baroda was fully satisfied on 21 Feb 2014.
Ceased
Terin Ryan Agera ceased to be Whole-Time Director.
Ceased
Ryan Joachim Agera ceased to be Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 7.00 Lakh with Charge ID 10389763 was registered on 06 Nov 2012.
Charges
A charge with Bank Of Baroda amounted to Rs. 6.39 Lakh with Charge ID 10309750 was registered on 09 Sep 2011.

4 earlier events are in the company report.

Frequently asked questions

Pip Industries is an active private limited company based in Surat, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 February 2009 (17+ years old) and is registered under CIN U28990GJ2009PTC056164.

Pip Industries has 2 current directors:

The latest financial statements of Pip Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Pip Industries is 24AAECP9598F1ZY, registered in Gujarat. 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 Pip Industries is U28990GJ2009PTC056164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pip Industries has 4 court cases on record: 1 filed by the company and 3 filed against it.

Pip Industries was incorporated on 17 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Sandeep Shashikant Naik ceased to be Whole-Time Director on 15 Feb 2018. Terin Ryan Agera was appointed as Director on 16 Jan 2016. Terin Ryan Agera ceased to be Whole-Time Director on 10 Feb 2014. Pip Industries has 6 board changes on record in total.

Yes, Pip Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0005730).

Pip Industries can be reached through the website pip6.com. Its registered office is in Surat, Gujarat, India.