MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-20-0003287
Prashant Castech Private Limited - manufacturing in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹298.84 Cr
▲ 14% YoY
Net profit · FY 2025
₹52.2 Cr
Net margin 17.5%
EBITDA · FY 2025
₹72.17 Cr
EBITDA margin 24.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.26 Cr
Issued & subscribed
Open charges
₹18 Cr
Satisfied ₹20 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
795
Provident fund records
About Prashant Castech Private Limited
Data last updated:
Prashant Castech Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 01 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27310GJ2009PTC056501. Its GSTIN is 24AAFCP0052M1ZJ (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.26 Cr. It is led by directors including Shambhubhai Bhurabhai Parsana (Managing Director) and Bharatbhai Bhurabhai Parsana (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 Mavdi Plot Main Road Near Anand Banglow Chowk, Rajkot, Gujarat, India – 360004.
As per the financials filed for FY 2025, the company reported a revenue of ₹298.84 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹52.2 Cr (net margin 17.5%) and EBITDA of ₹72.17 Cr (EBITDA margin 24.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 19% over five years.
The company has about 795 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹18 Cr and satisfied charges of ₹20 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 2 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹75.9 Lakh; the latest was in October 2022. Its 7 peer companies in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Pradeep Metals Limited with revenue of ₹317.07 Cr.
Prashant Castech Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0003287). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prashantcast.com.
Company details
CIN U27310GJ2009PTC056501
Registration Number 056501
Incorporation Date 01 April 2009
ROC Ahmedabad
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 Medium
Udyam Registration UDYAM-GJ-20-0003287
Key People
Shambhubhai Bhurabhai Parsana Managing Director Bharatbhai Bhurabhai Parsana Whole-Time Director Narottam Bhurabhai Parsana Whole-Time Director Recognitions & Rankings of Prashant Castech
Contact details
Prashant Castech Private Limited's registered office is in Rajkot, Gujarat. Its website is prashantcast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMavdi Plot Main Road Near Anand Banglow Chowk, Rajkot, Gujarat, India – 360004
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Prashant Castech Private Limited, buy the company report.
Comprehensive company report
Prashant Castech 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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Business activity
The main business activity of Prashant Castech 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 Prashant Castech Private Limited, buy the company report.
Financials of Prashant Castech Private Limited
FY 2024 filings availablePrashant Castech Private Limited reported revenue of ₹298.84 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹298.84 Cr ▲ 14%
Net profit · FY 2025
₹52.2 Cr margin 17.5%
EBITDA · FY 2025
₹72.17 Cr margin 24.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▼ 3%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 52%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 14% growth in the latest year. EBITDA rose 52% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹72.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52.2 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.1% | ||||
| Net Profit Margin | 17.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Prashant Castech Private Limited, buy the company report.
Board of directors of Prashant Castech Private Limited
Prashant Castech has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharatbhai Bhurabhai Parsana | Whole-Time Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Narottam Bhurabhai Parsana | Whole-Time Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Shambhubhai Bhurabhai Parsana | Managing Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Prashant Shambhubhai Parsana | Whole-Time Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Govindbhai Bhurabhai Parsana | Whole-Time Director | 01 Apr 2009 | 17 Years 6 Months | Current |
Peer comparison
Prashant Castech Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Die Casting), 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 |
|---|---|---|---|---|---|---|
| Pradeep Metals Limited | ₹317.07 Cr (FY 2025) | 13.0% | Navi Mumbai, Maharashtra, India | |||
| Concast (India) Private Limited | ₹315.28 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Rajdhani Castings Private Limited | ₹302.29 Cr (FY 2025) | 14.0% | Mandi Gobindgarh, Punjab, India | |||
| Prashant Castech Private Limitedthis company | ₹298.84 Cr (FY 2025) | ₹52.2 Cr | 17.5% | 14.0% | 795 | Rajkot, Gujarat, India |
| Iconic Castings Private Limited | ₹285.03 Cr (FY 2025) | 0.0% | Kolhapur, Maharashtra, India | |||
| Aakar Foundry Private Limited | ₹272.05 Cr (FY 2025) | 2.0% | Talegaon Dabhade, Maharashtra, India | |||
| Taural India Private Limited | ₹268.8 Cr (FY 2025) | 27.0% | Pune, Maharashtra, India | |||
| Rba Ferro Industries Private Limited | ₹266.54 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Prashant Castech Private Limited, buy the company report.
Auditor
Prashant Castech Private Limited is audited by M J Rindani & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M J Rindani & Associates | FY 2023 | 108838W |
Shareholding
The shareholding of Prashant Castech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prashant Castech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18 Cr
Satisfied charges
₹20 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Apr 2023 | 100701327 | Others | ₹18 Cr | Open | |
| 21 Feb 2012 | 10343777 | Standard Chartered Bank | ₹10 Cr | Satisfied | |
| 01 Jun 2010 | 10222866 | Standard Chartered Bank | ₹10 Cr | Satisfied |
To see the full charge records of Prashant Castech Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Prashant Castech Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹75.9 Lakh; the latest was in October 2022.
Total deals
2
Funding rounds
2
Disclosed funding
₹75.9 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Funding round | ₹63.4 Lakh | Investors: 4 individuals |
| Aug 2010 | Funding round | ₹12.5 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Prashant Castech Private Limited has 8 court cases on record: 3 filed by Prashant Castech, 5 filed against it. 2 cases are pending and 6 are disposed.
Total cases
8
Filed by the company
3
Filed against the company
5
Pending
2
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 1 |
| High courts | 2 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (IAAP) | Filed by the company against Wind World (India) Limited | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by Bajaj Alliance General Insurance Co.Ltd. | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Siddhapura Industries, Bhavinbhai Sidhhapura | Pending |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company against an individual | Disposed |
To see the full case history of Prashant Castech 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 Prashant Castech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Prashant Castech has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Bhurabhai Punjabhai Parsana Foundation | U85300GJ2021NPL122064 |
To see the full group structure of Prashant Castech Private Limited, buy the company report.
Employees & EPFO
Prashant Castech Private Limited has a workforce of 795 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
795
Active EPFO establishments
1
Employee growth
7.29%
GST
Prashant Castech has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCP0052M1ZJ | Gujarat | Active | 01 Jul 2017 |
| 24AAFCP0052M1DS | Gujarat | Active | 04 Nov 2024 |
To see the full GST registrations and return filing status of Prashant Castech Private Limited, buy the company report.
Recent activity
Prashant Castech Private Limited has 10 board changes on record since 2009: 5 appointments and 5 cessations. The latest: Bharatbhai Bhurabhai Parsana ceased to be Director on 26 Nov 2009.
Charges
A charge registered on 01 Jun 2010 via Charge ID 10222866 with Standard Chartered Bank was fully satisfied on 29 May 2025.
Charges
A charge with Others of Rs. 18.00 Cr registered on 10 Apr 2023 with Charge ID 100701327 was modified on 04 Mar 2025.
AGM
Prashant Castech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Prashant Castech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 21 Feb 2012 via Charge ID 10343777 with Standard Chartered Bank was fully satisfied on 26 Oct 2023.
Charges
A charge with Others amounted to Rs. 18.00 Cr with Charge ID 100701327 was registered on 10 Apr 2023.
Charges
A charge with Standard Chartered Bank of Rs. 10.00 Cr registered on 21 Feb 2012 with Charge ID 10343777 was modified on 10 Aug 2015.
Charges
A charge with Standard Chartered Bank of Rs. 10.00 Cr registered on 01 Jun 2010 with Charge ID 10222866 was modified on 10 Aug 2015.
Charges
A charge with Standard Chartered Bank amounted to Rs. 10.00 Cr with Charge ID 10343777 was registered on 21 Feb 2012.
Charges
A charge with Standard Chartered Bank amounted to Rs. 10.00 Cr with Charge ID 10222866 was registered on 01 Jun 2010.
Ceased
Bharatbhai Bhurabhai Parsana ceased to be Director.
Ceased
Govindbhai Bhurabhai Parsana ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Prashant Castech is an active private limited company based in Rajkot, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 01 April 2009 (17+ years old) and is registered under CIN U27310GJ2009PTC056501.
Prashant Castech has 5 current directors:
- Shambhubhai Bhurabhai Parsana - Managing Director
- Bharatbhai Bhurabhai Parsana - Whole-Time Director
- Narottam Bhurabhai Parsana - Whole-Time Director
- Prashant Shambhubhai Parsana - Whole-Time Director
- Govindbhai Bhurabhai Parsana - Whole-Time Director
The latest financial statements of Prashant Castech 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 Prashant Castech is 24AAFCP0052M1ZJ, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAFCP0052M1DS (Gujarat).
The CIN (Corporate Identification Number) of Prashant Castech is U27310GJ2009PTC056501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prashant Castech has 8 court cases on record: 3 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Prashant Castech was incorporated on 01 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Prashant Castech has 2 deals on record (2 funding rounds), with disclosed funding of ₹75.9 Lakh; the latest was in October 2022.
The peers of Prashant Castech by revenue are Pradeep Metals Limited, Concast (India) Private Limited, Rajdhani Castings Private Limited, Iconic Castings Private Limited, Aakar Foundry Private Limited and 2 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Bharatbhai Bhurabhai Parsana ceased to be Director on 26 Nov 2009. Govindbhai Bhurabhai Parsana ceased to be Director on 26 Nov 2009. Narottam Bhurabhai Parsana ceased to be Director on 26 Nov 2009. Prashant Castech has 10 board changes on record in total.
Yes, Prashant Castech is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0003287).