Planodrives Asia Private Limited

Planodrives Asia Private Limited - engineering in Hosur, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U29199TZ2011PTC017002 Incorporated 28 April 2011 ROC Coimbatore HQ Hosur, Tamil Nadu, India
Active Private Limited Company engineering MSME · Small
Data last updated
Revenue · FY 2024
₹2.68 Cr
▼ 50% YoY
Net profit · FY 2024
₹8.31 Lakh
Net margin 3.1%
EBITDA · FY 2024
₹30.44 Lakh
EBITDA margin 11.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹3.92 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings

About Planodrives Asia Private Limited

Data last updated:

Planodrives Asia Private Limited is a private limited company based in Hosur, Tamil Nadu, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 28 April 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29199TZ2011PTC017002. Its GSTIN is 33AAGCP0017P1ZG (Tamil Nadu).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Arunachalam Murugesan (Whole-Time Director) and Nirmalkumar Aiyakkannu (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 27/5B Anumepalli Agraharam Village Sipcot – I Post, Hosur, Tamil Nadu, India – 635126.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.68 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹8.31 Lakh (net margin 3.1%) and EBITDA of ₹30.44 Lakh (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over five years.

The company is associated with 1 brand: Planodrives. As per MCA filings, the company has open charges of ₹3.92 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

Planodrives Asia Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-11-0007478). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website planodrives.com.

Company details

CIN U29199TZ2011PTC017002
Registration Number 017002
Incorporation Date 28 April 2011
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-11-0007478

Recognitions & Rankings of Planodrives Asia

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-11-0007478

Contact details

Planodrives Asia Private Limited's registered office is in Hosur, Tamil Nadu. Its website is planodrives.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Survey No. 27/5B Anumepalli Agraharam Village Sipcot – I Post, Hosur, Tamil Nadu, India – 635126
  • Industry
    Engineering, Engineering Design & Consultancy

To see the full contact details of Planodrives Asia Private Limited, buy the company report.

Comprehensive company report
Planodrives Asia 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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Secure checkout · GST invoice included

Brands

Planodrives Asia operates one associated brand: Planodrives. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing of customized gearboxes and engineering services by Planodrives in India.planodrives.com

Business activity

The main business activity of Planodrives Asia is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

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

Financials of Planodrives Asia Private Limited

FY 2024 filings available

Planodrives Asia Private Limited reported revenue of ₹2.68 Cr (down 50% YoY) for FY 2024.

Revenue · FY 2024
₹2.68 Cr ▼ 50%
Net profit · FY 2024
₹8.31 Lakh margin 3.1%
EBITDA · FY 2024
₹30.44 Lakh margin 11.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 50%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 34%
5 years · compounded
▲ 38%

Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 20% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹30.44 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.31 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.4%
Net Profit Margin3.1%
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 Planodrives Asia Private Limited, buy the company report.

Board of directors of Planodrives Asia Private Limited

Planodrives Asia has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Arunachalam MurugesanWhole-Time Director28 Apr 201115 Years 6 MonthsCurrent
Nirmalkumar AiyakkannuWhole-Time Director28 Apr 201115 Years 6 MonthsCurrent
Arunanayakam MahalingamWhole-Time Director28 Apr 201115 Years 6 MonthsCurrent

Auditor

Planodrives Asia Private Limited is audited by S BETRAYASAMY & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
S BETRAYASAMY & COFY 2021000423S

Shareholding

The shareholding of Planodrives Asia Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Planodrives Asia Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.92 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹3.92 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 May 2022100582760Canara Bank₹18 LakhOpen
22 Feb 201310412263Canara Bank₹3 LakhOpen
21 Aug 201210375597Canara Bank₹3.71 CrOpen

To see the full charge records of Planodrives Asia Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

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

GST

Planodrives Asia has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAGCP0017P1ZGTamil NaduActive01 Jul 2017

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

Recent activity

Planodrives Asia Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Arunachalam Murugesan was appointed as Whole-Time Director on 28 Apr 2011.

AGM
Planodrives Asia Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Planodrives Asia Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Canara Bank of Rs. 370.85 Lakh registered on 21 Aug 2012 with Charge ID 10375597 was modified on 23 Sep 2022.
Charges
A charge with Canara Bank amounted to Rs. 18.00 Lakh with Charge ID 100582760 was registered on 06 May 2022.
Charges
A charge with Canara Bank amounted to Rs. 3.00 Lakh with Charge ID 10412263 was registered on 22 Feb 2013.
Charges
A charge with Canara Bank amounted to Rs. 370.85 Lakh with Charge ID 10375597 was registered on 21 Aug 2012.
Appointed
Arunachalam Murugesan was appointed as Whole-Time Director.
Appointed
Arunanayakam Mahalingam was appointed as Whole-Time Director.
Appointed
Nirmalkumar Aiyakkannu was appointed as Whole-Time Director.
Incorporation
28 Apr 2011
Planodrives Asia Private Limited was registered on 28 Apr 2011 with Roc Coimbatore & aged 15 years 6 months as per MCA records.

Frequently asked questions

Planodrives Asia is an active private limited company based in Hosur, Tamil Nadu, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 28 April 2011 (15+ years old) and is registered under CIN U29199TZ2011PTC017002.

Planodrives Asia has 3 current directors:

The latest financial statements of Planodrives Asia on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Planodrives Asia is 33AAGCP0017P1ZG, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Planodrives Asia is U29199TZ2011PTC017002. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Planodrives Asia has 1 court case on record: 1 filed against it.

Planodrives Asia was incorporated on 28 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Coimbatore.

Arunachalam Murugesan was appointed as Whole-Time Director on 28 Apr 2011. Arunanayakam Mahalingam was appointed as Whole-Time Director on 28 Apr 2011. Nirmalkumar Aiyakkannu was appointed as Whole-Time Director on 28 Apr 2011.

Yes, Planodrives Asia is registered as a small enterprise under Udyam registration (number: UDYAM-TN-11-0007478).

Planodrives Asia can be reached through the website planodrives.com. Its registered office is in Hosur, Tamil Nadu, India.