Placid Tradelinks Private Limited
About Placid Tradelinks Private Limited
Data last updated:
Placid Tradelinks Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 30 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1998PTC117276.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Santosh Jain (Whole-Time Director) and Keshri Prasad Mishra.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Shop No. 6 Sai Parivar Appartment Pragati Nagar Virar Link Road Nalasopara East, Thane, Maharashtra, India – 401209.
As per the financials filed for FY 2018, the company reported a revenue of ₹156.49 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹39.43 Cr (net margin -25.2%) and EBITDA of -₹40.9 Cr (EBITDA margin -26.1%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 36% over five years.
As per MCA filings, the company has open charges of ₹20.32 Cr on record. Court records list 18 cases involving the company, including 13 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Placid Tradelinks Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 6 Sai Parivar Appartment Pragati Nagar Virar Link Road Nalasopara East, Thane, Maharashtra, India – 401209
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Placid Tradelinks 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
Financials of Placid Tradelinks Private Limited
FY 2018 filings availablePlacid Tradelinks Private Limited reported revenue of ₹156.49 Cr (down 73% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 36%. 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹156.49 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹40.9 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹39.43 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -26.1% | |||
| Net Profit Margin | -25.2% | |||
| 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 Placid Tradelinks Private Limited, buy the company report.
Board of directors of Placid Tradelinks Private Limited
Placid Tradelinks has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Jain Also directs: Accurate HR Solutions Private Limited | Whole-Time Director | 01 Sep 2014 | 12 Years 1 Months | Current |
| Keshri Prasad Mishra Also directs: Imperial Exports Limited, Tanisha Multi Trading Private Limited, Sangeet Tradelinks Private Limited and 4 more | Director | 26 Oct 2021 | 5 Years 0 Months | Current |
Auditor
Placid Tradelinks Private Limited is audited by SANJAY G SHARMA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY G SHARMA & ASSOCIATES | FY 2018 | 014722C |
Shareholding
The shareholding of Placid Tradelinks Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Placid Tradelinks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jan 2016 | 10619192 | Staragri Finance Limited | ₹20 Cr | Open | |
| 12 May 2003 | 90144489 | State Bank of Indore | ₹32 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Placid Tradelinks Private Limited has 18 court cases on record: 13 filed by Placid Tradelinks, 5 filed against it. 2 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 3 | 1 |
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Commercial suit | Filed against the company by Pumarth Infrastructure Private Limited | Disposed |
| Bombay High Court | Court case (LPETN) | Filed against the company by Pumarth Infrastructure Private Limited | Disposed |
| Bombay High Court | Court case (CNPCP) | Filed by the company against M/S. Pumarth Infrastructure Private Limited (Contemnor) and Manoj Kasliwal (Respondent) | Disposed |
| Bombay High Court | Company petition | Filed by the company against M/S. Pumarth Infrastructure Private Limited Cin Nou45200mh1982ptc028200 | Disposed |
| Bombay High Court | Appeal | Filed by the company against M/S. Pumarth Infrastructure Private Limited Cin Nou45200mh1982ptc028200 | Disposed |
To see the full case history of Placid Tradelinks 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 Placid Tradelinks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Placid Tradelinks has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Placid Tradelinks Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Placid Tradelinks Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Shanti Lal Jain ceased to be Director on 30 Oct 2021.
Frequently asked questions
Placid Tradelinks is an active private limited company based in Thane, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 30 November 1998 (28+ years old) and is registered under CIN U51900MH1998PTC117276.
Placid Tradelinks has 2 current directors:
- Santosh Jain - Whole-Time Director
- Keshri Prasad Mishra - Director
The latest financial statements of Placid Tradelinks on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Placid Tradelinks is U51900MH1998PTC117276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Placid Tradelinks has 18 court cases on record: 13 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Placid Tradelinks was incorporated on 30 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Shanti Lal Jain ceased to be Director on 30 Oct 2021. Keshri Prasad Mishra was appointed as Director on 26 Oct 2021. Santosh Jain ceased to be Director on 01 Apr 2016. Placid Tradelinks has 6 board changes on record in total.
The registered office of Placid Tradelinks is at Shop No. 6 Sai Parivar Appartment Pragati Nagar Virar Link Road Nalasopara East, Thane, Maharashtra, India – 401209.
Placid Tradelinks operates in the agriculture industry, in the agro retail and distribution segment.
Placid Tradelinks has open charges of ₹20.32 Cr and no satisfied charges on record as per latest MCA filings.