About Piramal Sons Private Limited
Data last updated:
Piramal Sons Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Piramal Corporate Services 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 equipment leasing and financing segment of the financial services sector. It was incorporated on 07 November 1955.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH1955PTC009672. Its GSTIN is 27AAACP6282E2ZE (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.91 Lakh. It was formerly known as Piramal Sons Limited. It was led by directors Sunilkumar Jagdishprasad Adukia and Kuttikrishnan Krishna Pisharody.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office was at 1st Floor Piramal Tower Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.08 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹1.51 Cr and EBITDA of ₹2.55 Lakh (EBITDA margin 62.6%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 46% over five years.
The company was associated with 1 brand: Piramal Group. As per MCA filings, the company had satisfied charges of ₹22.64 Cr on record. Court records list 19 cases involving the company, including 11 filed by the company and 8 filed against it.
The last known website on record is piramal.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1st Floor Piramal Tower Peninsula Corporate Park, Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Equipment Leasing & Financing
- 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
- One PDF report, delivered after checkout
Associated Brands with Piramal Sons Private Limited
Piramal Sons operates one associated brand: Piramal Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multinational conglomerate with diverse interests in Pharma, Financial Services and Real Estate | piramal.com |
Business Activity of Piramal Sons Private Limited
The main business activity of Piramal Sons is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Piramal Sons Private Limited FY 2025 filings available
Piramal Sons Private Limited reported revenue of ₹4.08 Lakh (down 89% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Piramal Sons Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 89% fall in the latest year. EBITDA rose 101% 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 of Piramal Sons Private Limited
| 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 | ₹2.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.51 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 of Piramal Sons Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Piramal Sons are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Piramal Sons Private Limited
Piramal Sons has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunilkumar Jagdishprasad Adukia | Director | 16 Mar 2023 | 3 Years 7 Months | As last reported |
| Kuttikrishnan Krishna Pisharody | Director | 23 Sep 2024 | 2 Years 0 Months | As last reported |
Peer Comparison of Piramal Sons Private Limited
Piramal Sons Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Regus Connaught Place Business Centre Private Limited | ₹4.11 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Mumbai, Maharashtra, India |
| Mechfab Electrodes Pvt Ltd | ₹4.1 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Assam, India |
| Supriya Tea Limited | ₹4.1 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| Neogie Hospitality Private Limited | ₹4.1 Lakh (FY 2016) | •••• | •••• | 1339.0% | •••• | Durgapur, West Bengal, India |
| Dap Buildcon Private Limited | ₹4.08 Lakh (FY 2020) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Piramal Sons Private Limited this company | ₹4.08 Lakh (FY 2025) | •••• | •••• | -89.0% | •••• | Mumbai, Maharashtra, India |
| Rupali Vyapaar Pvtltd | ₹4.07 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| V-Care Real Infra Private Limited | ₹4.07 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Delhi, India |
| Sukh Sagar Real Estate Private Limited | ₹4.06 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Nahid Foils Private Limited | ₹4.06 Lakh (FY 2020) | •••• | •••• | -30.0% | •••• | Delhi, India |
| CVS Developers Private Limited | ₹4.05 Lakh (FY 2024) | •••• | •••• | -76.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Piramal Sons by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Piramal Sons Private Limited
Piramal Sons Private Limited is audited by S V DOSHI & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S V DOSHI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Piramal Sons Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Piramal Sons Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2015 | State Bank of India | ₹15 Cr | Satisfied |
| 18 Nov 2009 | Union Bank of India | ₹2.44 Cr | Satisfied |
| 07 Nov 2008 | Union Bank of India | ₹70.25 Lakh | Satisfied |
| 27 Dec 2007 | Union Bank of India | ₹50 Lakh | Satisfied |
| 27 Dec 2007 | Union Bank of India | ₹4 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Piramal Sons Private Limited
Piramal Sons Private Limited has 19 court cases on record: 11 filed by Piramal Sons, 8 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 5 | 0 |
| District courts | 7 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Navbharat Engicon Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against The Indure Private Limited | Disposed |
| Supreme Court | Special leave petition | Filed against the company by The Indure Private Limited | Disposed |
| Bombay High Court | Appeal | Filed against the company by The Indure Pvt. Ltd | Disposed |
| Bombay High Court | Court case (CAF) | Filed against the company by The Indure Pvt. Ltd | Disposed |
Full case history
All 19 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Piramal Sons Private Limited
Employment history and EPFO contributions of people linked to Piramal Sons.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Piramal Sons Private Limited
Piramal Sons has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
Recent Activity on Piramal Sons Private Limited
Piramal Sons Private Limited has 24 board changes on record since 1955: 13 appointments and 11 cessations. The latest: Alpana Samir Chinai ceased to be Director on 23 Sep 2024.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Piramal Sons Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Piramal Sons Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Piramal Sons Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Piramal Sons Private Limited
Piramal Sons has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP6282E2ZE | Maharashtra | Active | 07 Sep 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Piramal Sons Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Piramal Sons Private Limited
Frequently Asked Questions about Piramal Sons Private Limited
Piramal Sons 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.
Piramal Sons was a private limited company based in Mumbai, Maharashtra, India. The company worked in equipment leasing and financing, within the financial services industry. It was incorporated on 07 November 1955 and is registered under CIN U51101MH1955PTC009672. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Piramal Sons was incorporated on 07 November 1955. It is registered with the Registrar of Companies, Mumbai.
Piramal Sons had 2 directors:
- Sunilkumar Jagdishprasad Adukia - Director
- Kuttikrishnan Krishna Pisharody - Director
The CIN (Corporate Identification Number) of Piramal Sons is U51101MH1955PTC009672. 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 Piramal Sons is at 1st Floor Piramal Tower Peninsula Corporate Park, Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Piramal Sons can be reached through the website piramal.com. Its registered office is in Mumbai, Maharashtra, India.
Piramal Sons reported revenue of ₹4.08 Lakh for FY 2025 (down 89% YoY).
Piramal Sons has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.91 Lakh.
Piramal Sons reported a net loss of ₹1.51 Cr and EBITDA of ₹2.55 Lakh (EBITDA margin 62.6%) for FY 2025, as per its filed financial statements.
The GSTIN of Piramal Sons is 27AAACP6282E2ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.