About PNS Metals Limited
Data last updated:
PNS Metals Limited is a public limited company based in Jamnagar, Gujarat, India, a subsidiary of Bhavin Impex Private Limited. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 18 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ2005PLC045308. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹7.01 Cr. It was formerly known as Pns Metals Private Limited. It is led by directors including Ajay Natwarlal Sayani (Managing Director) and Reshma Ajay Sayani.
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 Plot No 191 To 194 GIDC Phase II, Jamnagar, Gujarat, India – 361004.
As per the financials filed for FY 2018, the company reported a revenue of ₹46.22 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹74.39 Lakh (net margin 1.6%) and EBITDA of ₹1.44 Cr (EBITDA margin 3.1%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
As per MCA filings, the company has open charges of ₹7.28 Cr and satisfied charges of ₹13.5 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website pnsmetals.com.
Company details
CIN history
PNS Metals has one previous CIN (Corporate Identification Number): U27100GJ2005PTC045308. The current CIN is U27100GJ2005PLC045308, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100GJ2005PLC045308 | Current |
| U27100GJ2005PTC045308 | Previous |
Contact details
PNS Metals Limited's registered office is in Jamnagar, Gujarat. Its website is pnsmetals.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPlot No 191 To 194 GIDC Phase II, Jamnagar, Gujarat, India – 361004
- IndustryManufacturing, Fittings & Components
To see the full contact details of PNS Metals 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 PNS Metals is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of PNS Metals Limited, buy the company report.
Financials of PNS Metals Limited
FY 2018 filings availablePNS Metals Limited reported revenue of ₹46.22 Cr (up 30% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA fell 7% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹46.22 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.44 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹74.39 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.1% | |||
| Net Profit Margin | 1.6% | |||
| 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 PNS Metals Limited, buy the company report.
Board of directors of PNS Metals Limited
PNS Metals has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Natwarlal Sayani Also directs: Sayani Metals Private Limited | Managing Director | 01 Jan 2013 | 13 Years 9 Months | Current |
| Reshma Ajay Sayani Also directs: Sayani Metals Private Limited | Director | 25 May 2017 | 9 Years 4 Months | Current |
| Surjitsinh Kishansinh Jamindar | Director | 21 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
PNS Metals Limited is compared with the 7 companies closest to it by revenue in the Machinery and Equipment industry (Metals, Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ramya Balaji Alloy Private Limited | ₹46.52 Cr (FY 2025) | 19.0% | Ludhiana, Punjab, India | |||
| Geekay Metals Pvt Ltd | ₹46.49 Cr (FY 2025) | 0.0% | Indore, Madhya Pradesh, India | |||
| Klipco Private Limited | ₹46.31 Cr (FY 2024) | 2.0% | Mumbai, Maharashtra, India | |||
| PNS Metals Limitedthis company | ₹46.22 Cr (FY 2018) | ₹74.39 Lakh | 1.6% | 30.0% | Jamnagar, Gujarat, India | |
| Indian Chain Private Limited | ₹46.18 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Surge Alloys Private Limited | ₹46.17 Cr (FY 2024) | 2.0% | Ajmer, Rajasthan, India | |||
| Cetus Engineering Private Limited | ₹46.16 Cr (FY 2025) | 186.0% | Rajkot, Gujarat, India | |||
| J.D. Metals & Alloys Private Limited | ₹46.13 Cr (FY 2022) | -8.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of PNS Metals Limited, buy the company report.
Auditor
PNS Metals Limited is audited by B B GUSANI AND ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B B GUSANI AND ASSOCIATES | FY 2018 | 140785W |
Shareholding
The shareholding of PNS Metals Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of PNS Metals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2016 | 100052710 | State Bank of India | ₹7.28 Cr | Open | |
| 23 Aug 2011 | 10303233 | Central Bank of India | ₹4.5 Cr | Satisfied | |
| 08 Aug 2005 | 80061203 | Central Bank of India | ₹9 Cr | Satisfied |
To see the full charge records of PNS Metals Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
PNS Metals Limited has 6 court cases on record: 2 filed by PNS Metals, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (3 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jamnagar, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Court case (SCR.A) | Filed by the company against State of Gujarat and 1 other | Disposed |
| District court, Jamnagar, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of PNS Metals 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.
Credit ratings & regulatory alerts
PNS Metals Limited was last rated by Crisil on 27 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Jan 2020 |
To see the full credit ratings and regulatory alerts of PNS Metals Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for PNS Metals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
PNS Metals has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of PNS Metals Limited, buy the company report.
Recent activity
PNS Metals Limited has 13 board changes on record since 2008: 3 appointments and 10 cessations. The latest: Chintan Ashokbhai Mehta ceased to be Director on 14 Feb 2019.
12 earlier events are in the company report.
Frequently asked questions
PNS Metals is an active public limited company based in Jamnagar, Gujarat, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 18 January 2005 (21+ years old) and is registered under CIN U27100GJ2005PLC045308.
PNS Metals has 3 current directors:
- Ajay Natwarlal Sayani - Managing Director
- Reshma Ajay Sayani - Director
- Surjitsinh Kishansinh Jamindar - Director
The latest financial statements of PNS Metals 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.
No. PNS Metals has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of PNS Metals is U27100GJ2005PLC045308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PNS Metals has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the district courts.
PNS Metals was incorporated on 18 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of PNS Metals by revenue are Ramya Balaji Alloy Private Limited, Geekay Metals Pvt Ltd, Klipco Private Limited, Indian Chain Private Limited, Surge Alloys Private Limited and 2 more, all in the Machinery and Equipment industry (Metals, Tools and Components), with the same principal business activity (metal and metal products).
Chintan Ashokbhai Mehta ceased to be Director on 14 Feb 2019. Vipulchandra Sureshchandra Acharya ceased to be Director on 14 Feb 2019. Jinal Shah ceased to be CFO on 17 Jul 2018. PNS Metals has 13 board changes on record in total.
PNS Metals can be reached through the website pnsmetals.com. Its registered office is in Jamnagar, Gujarat, India.
The registered office of PNS Metals is at Plot No 191 To 194 GIDC Phase II, Jamnagar, Gujarat, India – 361004.