- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0220819

About Prashanth Projects Limited
Data last updated:
Prashanth Projects Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the engineering sector. It was incorporated on 19 April 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29192MH1989PLC051410. Its GSTIN is 27AABCP2387F1ZE (Maharashtra). The company holds 8 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.78 Cr. It was formerly known as Prashanth Air Coolers Private Limited. It is led by directors including Sudharshan Nadathur Ammal and Dasarathi Nadathur Ammal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 406 – 408 Hermes Atrium Bldgplot No 57 Sector – II C B D Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.54 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹3.32 Cr (net margin -216.4%) and EBITDA of -₹2.29 Cr (EBITDA margin -148.8%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 45% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prashanth Projects Limited. As per MCA filings, the company has satisfied charges of ₹34.54 Cr on record. Court records list 56 cases involving the company, including 38 filed by the company and 18 filed against it; 13 cases are pending.
Prashanth Projects Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0220819). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prashanthprojects.com.
Company details
CIN history
Prashanth Projects has one previous CIN (Corporate Identification Number): U29192MH1989PTC051410. The current CIN is U29192MH1989PLC051410, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29192MH1989PLC051410 | Current |
| U29192MH1989PTC051410 | Previous |
Recognitions & Rankings of Prashanth Projects
Contact details
Prashanth Projects Limited's registered office is in Navi Mumbai, Maharashtra. Its website is prashanthprojects.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address406 – 408 Hermes Atrium Bldgplot No 57 Sector – II C B D Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Prashanth Projects 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
Brands
Prashanth Projects operates one associated brand: Prashanth Projects Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| EPC contracting for petroleum oil and gas storage terminals, including design and construction services. | prashanthprojects.com |
Business activity
The main business activity of Prashanth Projects is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Prashanth Projects Limited, buy the company report.
Financials of Prashanth Projects Limited
FY 2025 filings availablePrashanth Projects Limited reported revenue of ₹1.54 Cr (down 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 54% fall 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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| EBITDA | -₹2.29 Cr | ||||
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| Net Profit (PAT) | -₹3.32 Cr | ||||
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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 | -148.8% | ||||
| Net Profit Margin | -216.4% | ||||
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To see the full financial statements and ratios of Prashanth Projects Limited, buy the company report.
Board of directors of Prashanth Projects Limited
Prashanth Projects has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudharshan Nadathur Ammal | Director | 01 Apr 2010 | 16 Years 6 Months | Current |
| Dasarathi Nadathur Ammal | Director | 24 Sep 2015 | 11 Years 1 Months | Current |
| Santhanam Ayyappan | Director | 20 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Prashanth Projects Limited is compared with the 4 companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Civitech Engineering Private Limited | ₹1.54 Cr (FY 2025) | 4.0% | Chennai, Tamil Nadu, India | |||
| Aswani Engineers and Infra Private Limited | ₹1.54 Cr (FY 2024) | 156.0% | Hyderabad, Telangana, India | |||
| Tech 9 Engineering Solutions Private Limited | ₹1.54 Cr (FY 2020) | -68.0% | Hyderabad, Telangana, India | |||
| Prashanth Projects Limitedthis company | ₹1.54 Cr (FY 2025) | -₹3.32 Cr | -216.4% | -54.0% | 16 | Navi Mumbai, Maharashtra, India |
| D E C Engineering Private Limited | ₹1.51 Cr (FY 2024) | 45.0% | Kalyan, Maharashtra, India |
To see the full peer comparison of Prashanth Projects Limited, buy the company report.
Auditor
Prashanth Projects Limited is audited by SUJAY BHOIR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUJAY BHOIR & CO | FY 2019 | 127870W |
Shareholding
The shareholding of Prashanth Projects Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Prashanth Projects Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2012 | 10377874 | Sundaram Finance Limited | ₹61.98 Lakh | Satisfied | |
| 18 Sep 2010 | 10245105 | Indian Bank | ₹6.53 Lakh | Satisfied | |
| 24 Jul 2000 | 90142965 | Union Bank of India | ₹1.5 Cr | Satisfied | |
| 03 Dec 1998 | 90140661 | Union Bank of India | ₹29.23 Cr | Satisfied | |
| 02 Nov 1998 | 90145970 | Union Bank of India | ₹2 Cr | Satisfied |
To see the full charge records of Prashanth Projects Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Prashanth Projects Limited has 56 court cases on record: 38 filed by Prashanth Projects, 18 filed against it. 13 cases are pending and 43 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 42 | 11 | 11 |
| District courts | 12 | 6 | 2 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Indian Oil Corporation Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Indian Oil Corporation Limited | Pending |
| High Court | Commercial suit | Filed by the company against Indian Oil Corporation Limited | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Indian Oil Corporation Limited | Pending |
| Bombay High Court | Court case (S) | Filed by the company against Union Bank of India | Pending |
To see the full case history of Prashanth Projects 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 Prashanth Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prashanth Projects Limited has a workforce of 16 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Prashanth Projects has 8 GST registrations: 2 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP2387F1ZE | Maharashtra | Active | 01 Jul 2017 |
| 37AABCP2387F2ZC | Andhra Pradesh | Active | 01 Apr 2019 |
To see the full GST registrations and return filing status of Prashanth Projects Limited, buy the company report.
Recent activity
Prashanth Projects Limited has 10 board changes on record since 2010: 3 appointments and 7 cessations. The latest: Santhanam Ayyappan ceased to be Director on 26 Sep 2019.
20 earlier events are in the company report.
Frequently asked questions
Prashanth Projects is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in the engineering industry. It was incorporated on 19 April 1989 (37+ years old) and is registered under CIN U29192MH1989PLC051410.
Prashanth Projects has 3 current directors:
- Sudharshan Nadathur Ammal - Director
- Dasarathi Nadathur Ammal - Director
- Santhanam Ayyappan - Director
The latest financial statements of Prashanth Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Prashanth Projects is 27AABCP2387F1ZE, registered in Maharashtra. The company has 8 GST registrations in all, of which 2 are active and 6 are cancelled or inactive. Other active GSTINs include 37AABCP2387F2ZC (Andhra Pradesh).
The CIN (Corporate Identification Number) of Prashanth Projects is U29192MH1989PLC051410. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prashanth Projects has 56 court cases on record: 38 filed by the company and 18 filed against it. 13 are pending. Most are in the high courts.
Prashanth Projects was incorporated on 19 April 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Prashanth Projects by revenue are Civitech Engineering Private Limited, Aswani Engineers and Infra Private Limited, Tech 9 Engineering Solutions Private Limited, D E C Engineering Private Limited, all in the Engineering industry (Engineering Procurement and Construction), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities).
Santhanam Ayyappan ceased to be Director on 26 Sep 2019. Santhanam Ayyappan was appointed as Director on 20 Aug 2019. Anil Kumar Singh ceased to be Additional Director on 29 Sep 2018. Prashanth Projects has 10 board changes on record in total.
Yes, Prashanth Projects is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0220819).
Prashanth Projects can be reached through the website prashanthprojects.com. Its registered office is in Navi Mumbai, Maharashtra, India.

