Prasann Techniques Private Limited

Prasann Techniques Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U29269GJ2008PTC053577 Incorporated 15 April 2008 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2021
₹11.22 Lakh
▼ 72% YoY
Net profit · FY 2021
₹1.87 Lakh
Net margin 16.7%
EBITDA · FY 2021
₹3.65 Lakh
EBITDA margin 32.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.23 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings

About Prasann Techniques Private Limited

Data last updated:

Prasann Techniques Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 15 April 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29269GJ2008PTC053577. Its GSTIN is 24AAECP6428N1Z2 (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harendrakumar Natvarlal Solanki and Kalrav Harenbhai Mistry.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 17 New Star Industrial Estate Mahakali Mandir Rd Near Government 'A' Colony Dudheshwar, Ahmedabad, Gujarat, India – 380004.

As per the financials filed for FY 2021, the company reported a revenue of ₹11.22 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹1.87 Lakh (net margin 16.7%) and EBITDA of ₹3.65 Lakh (EBITDA margin 32.6%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 25% over five years.

As per MCA filings, the company has open charges of ₹1.23 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 1 case is pending.

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

Company Details of Prasann Techniques Private Limited
CIN U29269GJ2008PTC053577
Registration Number 053577
Incorporation Date 15 April 2008
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    17 New Star Industrial Estate Mahakali Mandir Rd Near Government 'A' Colony Dudheshwar, Ahmedabad, Gujarat, India – 380004
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Prasann Techniques Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Prasann Techniques Private Limited

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

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Prasann Techniques Private Limited FY 2021 filings available

Prasann Techniques Private Limited reported revenue of ₹11.22 Lakh (down 72% YoY) for FY 2021.

Revenue · FY 2021
₹11.22 Lakh ▼ 72%
Net profit · FY 2021
₹1.87 Lakh margin 16.7%
EBITDA · FY 2021
₹3.65 Lakh margin 32.6%

Compounded Annual Growth Rate (CAGR) of Prasann Techniques Private Limited

Revenue CAGR growth
1 year
▼ 72%
3 years · compounded
▼ 48%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 11%
5 years · compounded
▼ 30%

Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 72% fall in the latest year. EBITDA rose 75% 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 Prasann Techniques Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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₹3.65 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.87 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 of Prasann Techniques Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin32.6%••••••••••••••••
Net Profit Margin16.7%••••••••••••••••
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 Prasann Techniques are in the company report.

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Financial statements from 2015

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Peer Comparison of Prasann Techniques Private Limited

Prasann Techniques Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kruzcon Technocrats Private Limited₹11.34 Lakh (FY 2025)••••••••••••Ambarnath, Maharashtra, India
Apt Drives Solutions Private Limited₹11.3 Lakh (FY 2025)••••••••-73.0%••••Coimbatore, Tamil Nadu, India
Allgreen Ecotechsolutions Private Limited₹11.29 Lakh (FY 2019)••••••••-88.0%••••Delhi, India
Chaithanya Precision Private Limited₹11.25 Lakh (FY 2024)••••••••-74.0%••••Bangalore, Karnataka, India
Alcomotive India Private Limited₹11.25 Lakh (FY 2024)••••••••••••Noida, Uttar Pradesh, India
Prasann Techniques Private Limited this company₹11.22 Lakh (FY 2021)••••••••-72.0%••••Ahmedabad, Gujarat, India
Simexperts Solutions Private Limited₹11.17 Lakh (FY 2025)••••••••-83.0%••••Pune, Maharashtra, India
Segman Technology Private Limited₹11.04 Lakh (FY 2021)••••••••-25.0%••••Noida, Uttar Pradesh, India
Axcis Manufacturing Solution Private Limited₹11.02 Lakh (FY 2024)••••••••95.0%••••Pune, Maharashtra, India
German Springs Private Limited₹10.96 Lakh (FY 2024)••••••••-81.0%••••Coimbatore, Tamil Nadu, India
R and H Power Company Private Limited₹10.95 Lakh (FY 2025)••••••••30.0%••••Uttar Pradesh, India

Peers are the five companies nearest above and the five nearest below Prasann Techniques by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Prasann Techniques Private Limited

Prasann Techniques Private Limited is audited by A N A M & ASSOCIATES for the financial year 2019.

NameStatusAppointment DateCessation Date
A N A M & ASSOCIATESLockedLockedLocked
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Board of Directors of Prasann Techniques Private Limited

Prasann Techniques has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Harendrakumar Natvarlal SolankiDirector15 Apr 200818 Years 5 MonthsCurrent
Kalrav Harenbhai MistryDirector15 Apr 200818 Years 5 MonthsCurrent

Ownership and Shareholding of Prasann Techniques Private Limited

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Charges & Borrowings of Prasann Techniques Private Limited

Open charges
₹1.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Capri Global Capital Limited₹0.50 Cr
Others₹0.35 Cr
Shriram City Union Finance Limited₹0.28 Cr
The Navnirman Co Operative Bank Ltd₹0.10 Cr
Latest charge details
DateLenderAmountStatus
24 May 2024Others₹35 LakhOpen
17 Aug 2013Capri Global Capital Limited₹50.45 LakhOpen
19 Oct 2012Shriram City Union Finance Limited₹27.65 LakhOpen
14 May 2012The Navnirman Co Operative Bank Ltd₹9.5 LakhOpen

Total charge records: 4 View all charges

Employees and EPFO Compliance at Prasann Techniques Private Limited

Employment history and EPFO contributions of people linked to Prasann Techniques.

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Recent Activity on Prasann Techniques Private Limited

Prasann Techniques Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Harendrakumar Natvarlal Solanki was appointed as Director on 15 Apr 2008.

Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 100926740 was registered on 24 May 2024.
AGM
Prasann Techniques Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Prasann Techniques Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.
Charges
A charge with Capri Global Capital Limited amounted to Rs. 50.45 Lakh with Charge ID 10448838 was registered on 17 Aug 2013.
Charges
A charge with Shriram City Union Finance Limited amounted to Rs. 27.65 Lakh with Charge ID 10383958 was registered on 19 Oct 2012.
Charges
A charge with The Navnirman Co Operative Bank Ltd amounted to Rs. 9.50 Lakh with Charge ID 10355088 was registered on 14 May 2012.
Appointed
Harendrakumar Natvarlal Solanki was appointed as Director.
Appointed
Kalrav Harenbhai Mistry was appointed as Director.
Incorporation
15 Apr 2008
Prasann Techniques Private Limited was registered on 15 Apr 2008 with Roc Ahmedabad & aged 18 years 5 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Prasann Techniques Private Limited

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MSME Payment Delays by Prasann Techniques Private Limited

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Subsidiaries & Group Companies of Prasann Techniques Private Limited

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GST Compliance of Prasann Techniques Private Limited

Prasann Techniques has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECP6428N1Z2GujaratActive01 Jul 2017
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MCA Filings & Documents of Prasann Techniques Private Limited

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Frequently Asked Questions about Prasann Techniques Private Limited

Prasann Techniques is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 15 April 2008 (18+ years old) and is registered under CIN U29269GJ2008PTC053577.

Prasann Techniques reported revenue of ₹11.22 Lakh for FY 2021 (down 72% YoY).

Prasann Techniques has 2 current directors:

Prasann Techniques reported a net profit of ₹1.87 Lakh (net margin 16.7%) and EBITDA of ₹3.65 Lakh (EBITDA margin 32.6%) for FY 2021, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Prasann Techniques is -48% over three years and -25% over five years. In the latest year (FY 2021) revenue fell 72%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Prasann Techniques is 24AAECP6428N1Z2, registered in Gujarat.

The CIN (Corporate Identification Number) of Prasann Techniques is U29269GJ2008PTC053577. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prasann Techniques has 10 court cases on record: 1 filed by the company and 9 filed against it. 1 is pending.

Prasann Techniques was incorporated on 15 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Prasann Techniques by revenue are Kruzcon Technocrats Private Limited, Apt Drives Solutions Private Limited, Allgreen Ecotechsolutions Private Limited, Chaithanya Precision Private Limited, Alcomotive India Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).

Harendrakumar Natvarlal Solanki was appointed as Director on 15 Apr 2008. Kalrav Harenbhai Mistry was appointed as Director on 15 Apr 2008.

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