Praja Cements Private Limited

Praja Cements Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U26941KA2003PTC032360 Incorporated 05 August 2003 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2019
₹2.23 Lakh
Latest filing
Net loss · FY 2019
₹4.18 Cr
Latest filing
EBITDA · FY 2019
-₹32.62 Lakh
Latest filing
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.3 Cr
Issued & subscribed
Open charges
₹85 Cr
Satisfied ₹8.8 Cr
Company age
23 yrs
Est. 2003
Directors on board
6
As per MCA filings

About Praja Cements Private Limited

Data last updated:

Praja Cements Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 05 August 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U26941KA2003PTC032360. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.3 Cr. It was formerly known as Nirani Cements Private Limited. It is led by directors including Raghavendra Pralhad Joshi and Jayashri Raghavendra Joshi.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at # 2053 High Point – II 45 Palace Road Bangalore, Karnataka, India – 560001.

As per the financials filed for FY 2019, the company reported a revenue of ₹2.23 Lakh. For the same year it recorded a net loss of ₹4.18 Cr and EBITDA of -₹32.62 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 72% over five years.

As per MCA filings, the company has open charges of ₹85 Cr and satisfied charges of ₹8.8 Cr on record. Court records list 14 cases involving the company, including 14 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Praja Cements Private Limited
CIN U26941KA2003PTC032360
Registration Number 032360
Incorporation Date 05 August 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    # 2053 High Point – II 45 Palace Road Bangalore, Karnataka, India – 560001
  • Industry
    Manufacturing, Cement & Cement Products
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Financials, compliance, directors, charges, ownership and filings for Praja Cements Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Praja Cements Private Limited FY 2019 filings available

Praja Cements Private Limited reported revenue of ₹2.23 Lakh for FY 2019.

Revenue · FY 2019
₹2.23 Lakh
Net loss · FY 2019
₹4.18 Cr
EBITDA · FY 2019
-₹32.62 Lakh

Compounded Annual Growth Rate (CAGR) of Praja Cements Private Limited

Revenue CAGR growth
3 years · compounded
▼ 83%
5 years · compounded
▼ 72%
EBITDA CAGR growth
3 years · compounded
▼ 37%
5 years · compounded
▼ 18%

Revenue has declined at a compounded annual rate (CAGR) of 72% over five years. 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 Praja Cements Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹2.23 Lakh••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹32.62 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹4.18 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 Praja Cements Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin••••••••••••••••••••
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 Praja Cements are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Praja Cements Private Limited

Praja Cements Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Construction Materials). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jaishree Pipe Co Ltd₹2.37 Lakh (FY 2024)••••••••8.0%••••Howrah, West Bengal, India
Nandana Buildmat Private Limited₹2.36 Lakh (FY 2025)••••••••-76.0%••••Udaipur, Rajasthan, India
Whitford India Private Limited₹2.34 Lakh (FY 2024)••••••••-22.0%••••Bangalore, Karnataka, India
Ar Ispat Udhyog Private Limited₹2.33 Lakh (FY 2025)••••••••82333.0%••••Delhi, India
Waffle Enterprises Private Limited₹2.23 Lakh (FY 2025)••••••••142.0%••••Noida, Uttar Pradesh, India
Praja Cements Private Limited this company₹2.23 Lakh (FY 2019)••••••••••••Bangalore, Karnataka, India
Securier Technologies Private Limited₹2.22 Lakh (FY 2022)••••••••-81.0%••••Bangalore, Karnataka, India
Ga Supliers Private Limited₹2.22 Lakh (FY 2025)••••••••••••Delhi, India
Saraf Projects Private Limited₹2.2 Lakh (FY 2024)••••••••-68.0%••••Kolkata, West Bengal, India
Hem Ganga Polytex Pvt.Ltd.₹2.2 Lakh (FY 2024)••••••••1.0%••••Ramnagar, Uttar Pradesh, India
Saibalaji Rocks Private Limited₹2.2 Lakh (FY 2025)••••••••••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Praja Cements by revenue in the Manufacturing industry (Construction Materials), 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 Praja Cements Private Limited

Praja Cements Private Limited is audited by S. G. SURESH AND CO. for the financial year 2019.

NameStatusAppointment DateCessation Date
S. G. SURESH AND CO.LockedLockedLocked
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Board of Directors of Praja Cements Private Limited

Praja Cements has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Raghavendra Pralhad JoshiDirector10 Jun 201610 Years 4 MonthsCurrent
Jayashri Raghavendra JoshiDirector10 Jun 201610 Years 4 MonthsCurrent
Venkappa Timmappa NyamagodarAdditional Director28 Mar 20206 Years 6 MonthsCurrent
Bhimappa MachakanurAdditional Director28 Mar 20206 Years 6 MonthsCurrent
Venkappa GadigeppagolAdditional Director28 Mar 20206 Years 6 MonthsCurrent
Hanamantgouda Rangangouda SankappanavarAdditional Director28 Mar 20206 Years 6 MonthsCurrent

Ownership and Shareholding of Praja Cements Private Limited

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Shareholding and ownership data

Promoter, institutional, public and beneficial ownership figures are in the company report.

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Charges & Borrowings of Praja Cements Private Limited

Open charges
₹85 Cr
Satisfied charges
₹8.8 Cr
Breakdown by lending institutions
Others₹85.00 Cr
Latest charge details
DateLenderAmountStatus
24 Jun 2020Others₹60 CrOpen
03 Apr 2019Others₹3 CrOpen
21 Mar 2016Others₹22 CrOpen
27 Mar 2007Karnataka State Financial Corporation₹3.8 CrSatisfied
30 Nov 2004Karnataka State Financial Corporation₹5 CrSatisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Praja Cements Private Limited

Employment history and EPFO contributions of people linked to Praja Cements.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Praja Cements Private Limited

Praja Cements Private Limited has 22 board changes on record since 2003: 14 appointments and 8 cessations. The latest: Bhimappa Machakanur was appointed as Additional Director on 28 Mar 2020.

Charges
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 100350487 was registered on 24 Jun 2020.
Appointed
Bhimappa Machakanur was appointed as Additional Director.
Appointed
Hanamantgouda Rangangouda Sankappanavar was appointed as Additional Director.
Appointed
Venkappa Gadigeppagol was appointed as Additional Director.
Appointed
Venkappa Timmappa Nyamagodar was appointed as Additional Director.
AGM
Praja Cements Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100251516 was registered on 03 Apr 2019.
Filing
Praja Cements Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.
Ceased
Basavaraj Channappa Udupudi ceased to be Director.
Ceased
Mahantesh Basavaraj Udapudi ceased to be Director.
Ceased
Pavan Basavaraj Udupudi ceased to be Director.
Appointed
Jayashri Raghavendra Joshi was appointed as Director.

20 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Praja Cements Private Limited

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MSME Payment Delays by Praja Cements Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Praja Cements Private Limited

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Corporate group structure

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GST Compliance of Praja Cements Private Limited

Praja Cements has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Praja Cements Private Limited

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MCA filings and documents

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Frequently Asked Questions about Praja Cements Private Limited

Praja Cements is an active private limited company based in Bangalore, Karnataka, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 05 August 2003 (23+ years old) and is registered under CIN U26941KA2003PTC032360.

Praja Cements reported revenue of ₹2.23 Lakh for FY 2019.

Praja Cements has 6 current directors:

Praja Cements reported a net loss of ₹4.18 Cr and EBITDA of -₹32.62 Lakh for FY 2019, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Praja Cements is -83% over three years and -72% over five years. CAGR is the steady yearly rate that links the first and the last year.

No. Praja Cements has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Praja Cements is U26941KA2003PTC032360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Praja Cements has 14 court cases on record: 14 filed by the company. Most are in the district courts.

Praja Cements was incorporated on 05 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Praja Cements by revenue are Jaishree Pipe Co Ltd, Nandana Buildmat Private Limited, Whitford India Private Limited, Ar Ispat Udhyog Private Limited, Waffle Enterprises Private Limited and 5 more, all in the Manufacturing industry (Construction Materials).

Bhimappa Machakanur was appointed as Additional Director on 28 Mar 2020. Hanamantgouda Rangangouda Sankappanavar was appointed as Additional Director on 28 Mar 2020. Venkappa Gadigeppagol was appointed as Additional Director on 28 Mar 2020. Praja Cements has 22 board changes on record in total.

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