Prasiddham Enterprises Private Limited

Prasiddham Enterprises Private Limited - energy and power in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U51505TN2005PTC056485 Incorporated 01 June 2005 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company energy and power MSME · Small
Data last updated
Revenue · FY 2020
₹1.24 Cr
▼ 40% YoY
Net profit · FY 2020
₹6.5 Lakh
Net margin 5.2%
EBITDA · FY 2020
₹15.05 Lakh
EBITDA margin 12.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.5 Lakh
Issued & subscribed
Open charges
₹2.75 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Employees · EPFO
8
Provident fund records

About Prasiddham Enterprises Private Limited

Data last updated:

Prasiddham Enterprises Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 01 June 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51505TN2005PTC056485. Its GSTIN is 32AADCP8152E1ZO (Kerala). The company holds 4 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.5 Lakh. It is led by directors including Sivakumaran Govindarajan (Managing Director) and Ramanathan Rajshree.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.42/21 1st Cross Street Trustpuram Kodambakkam, Chennai, Tamil Nadu, India – 600024.

As per the financials filed for FY 2020, the company reported a revenue of ₹1.24 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹6.5 Lakh (net margin 5.2%) and EBITDA of ₹15.05 Lakh (EBITDA margin 12.1%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 21% over five years.

The company has about 8 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.75 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.

Prasiddham Enterprises Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0032992). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51505TN2005PTC056485
Registration Number 056485
Incorporation Date 01 June 2005
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0032992

Recognitions & Rankings of Prasiddham Enterprises

MSME (Udyam registered) Ministry of MSME
Category
Small (2020-21)
Udyam number
UDYAM-TN-02-0032992

Contact details

Prasiddham Enterprises Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    No.42/21 1st Cross Street Trustpuram Kodambakkam, Chennai, Tamil Nadu, India – 600024
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Prasiddham Enterprises Private Limited, buy the company report.

Comprehensive company report
Prasiddham Enterprises 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 Prasiddham Enterprises is construction. In detail, this covers roads, railways, utility projects.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF2Roads, railways, Utility projects

To see the full business activity and turnover split of Prasiddham Enterprises Private Limited, buy the company report.

Financials of Prasiddham Enterprises Private Limited

FY 2020 filings available

Prasiddham Enterprises Private Limited reported revenue of ₹1.24 Cr (down 40% YoY) for FY 2020.

Revenue · FY 2020
₹1.24 Cr ▼ 40%
Net profit · FY 2020
₹6.5 Lakh margin 5.2%
EBITDA · FY 2020
₹15.05 Lakh margin 12.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 40%
3 years · compounded
▼ 27%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 9%
5 years · compounded
▼ 3%

Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 40% fall in the latest year. EBITDA rose 2% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.24 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹15.05 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.5 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin12.1%
Net Profit Margin5.2%
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 Prasiddham Enterprises Private Limited, buy the company report.

Board of directors of Prasiddham Enterprises Private Limited

Prasiddham Enterprises has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramanathan RajshreeDirector01 Jun 200521 Years 5 MonthsCurrent
Sivakumaran GovindarajanManaging Director25 May 20179 Years 5 MonthsCurrent
Subramaniam DurairajDirector30 Oct 20179 Years 0 MonthsCurrent

Auditor

Prasiddham Enterprises Private Limited is audited by SUBBIAH and associates for the financial year 2020.

Auditor firmFinancial yearFirm registration number
SUBBIAH and associatesFY 2020

Shareholding

The shareholding of Prasiddham Enterprises Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Prasiddham Enterprises Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.75 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹2.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Aug 201210379079State Bank of India₹2.25 CrOpen
22 May 200910165575State Bank of India₹50 LakhOpen

To see the full charge records of Prasiddham Enterprises Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Prasiddham Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Prasiddham Enterprises has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
32AADCP8152E1ZOKeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Prasiddham Enterprises Private Limited, buy the company report.

Recent activity

Prasiddham Enterprises Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Subramaniam Govindarajan ceased to be Director on 07 Dec 2018.

AGM
Prasiddham Enterprises Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Prasiddham Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.
Ceased
Subramaniam Govindarajan ceased to be Director.
Appointed
Subramaniam Durairaj was appointed as Director.
Ceased
Sivakumaran Govindarajan ceased to be Director.
Appointed
Sivakumaran Govindarajan was appointed as Managing Director.
Charges
A charge with State Bank Of India of Rs. 225.00 Lakh registered on 09 Aug 2012 with Charge ID 10379079 was modified on 18 Feb 2015.
Ceased
Muthu Aravindan ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 225.00 Lakh with Charge ID 10379079 was registered on 09 Aug 2012.
Charges
A charge with State Bank Of India amounted to Rs. 50.00 Lakh with Charge ID 10165575 was registered on 22 May 2009.
Appointed
Ramanathan Rajshree was appointed as Director.
Incorporation
01 Jun 2005
Prasiddham Enterprises Private Limited was registered on 01 Jun 2005 with Roc Chennai & aged 21 years 5 months as per MCA records.

Frequently asked questions

Prasiddham Enterprises is an active private limited company based in Chennai, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 01 June 2005 (21+ years old) and is registered under CIN U51505TN2005PTC056485.

Prasiddham Enterprises has 3 current directors:

The latest financial statements of Prasiddham Enterprises on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.

The GSTIN of Prasiddham Enterprises is 32AADCP8152E1ZO, registered in Kerala. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.

The CIN (Corporate Identification Number) of Prasiddham Enterprises is U51505TN2005PTC056485. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prasiddham Enterprises has 3 court cases on record: 3 filed by the company. 3 are pending.

Prasiddham Enterprises was incorporated on 01 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.

Subramaniam Govindarajan ceased to be Director on 07 Dec 2018. Subramaniam Durairaj was appointed as Director on 30 Oct 2017. Sivakumaran Govindarajan ceased to be Director on 07 Jun 2017. Prasiddham Enterprises has 6 board changes on record in total.

Yes, Prasiddham Enterprises is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0032992).

The registered office of Prasiddham Enterprises is at No.4221 1st Cross Street Trustpuram Kodambakkam, Chennai, Tamil Nadu, India – 600024.