About Prax Aircon Private Limited
Data last updated:
Prax Aircon Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 03 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29192MH2010PTC202679. Its GSTIN is 27AAFCP4669N1ZO (Maharashtra). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijaya Prakashchandra Bobda and Sumesh Prakashchandra Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹89.84 Lakh, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹15.55 Lakh (net margin 17.3%) and EBITDA of ₹39.53 Lakh (EBITDA margin 44%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 22% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2.8 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website praxaircon.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address98 Kalpataru Avenue Opp. Esis Hospital, Akurli Road Kandivali (East), Mumbai, Maharashtra, India – 400101
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Electrical Equipment, Transport Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Prax Aircon Private Limited
The main business activity of Prax Aircon is manufacturing. In detail, this covers other manufacturing.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Prax Aircon Private Limited FY 2023 filings available
Prax Aircon Private Limited reported revenue of ₹89.84 Lakh (up 52% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Prax Aircon Private Limited
Revenue rose 52% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA rose 55% 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 Prax Aircon Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹39.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.55 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 Prax Aircon Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.3% | •••• | •••• | •••• | •••• |
| 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 Prax Aircon are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Prax Aircon Private Limited
Prax Aircon has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaya Prakashchandra Bobda | Director | 02 May 2016 | 10 Years 5 Months | Current |
| Sumesh Prakashchandra Shah | Director | 03 May 2010 | 16 Years 5 Months | Current |
Peer Comparison of Prax Aircon Private Limited
Prax Aircon Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Maintenance Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Promedix (I) Private Limited | ₹90.59 Lakh (FY 2024) | •••• | •••• | 81.0% | •••• | Ahmedabad, Gujarat, India |
| Ultramodern Elevator's and Escalator Private Limited | ₹90.29 Lakh (FY 2023) | •••• | •••• | 113.0% | •••• | Bhubaneswar, Odisha, India |
| United Enviroengineers India Private Limited | ₹90.26 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Hyderabad, Telangana, India |
| Geocon Test Engineers Private Limited | ₹90.04 Lakh (FY 2020) | •••• | •••• | 26.0% | •••• | Pune, Maharashtra, India |
| Sapd Engineering Services Private Limited | ₹89.89 Lakh (FY 2024) | •••• | •••• | 67.0% | •••• | Kolkata, West Bengal, India |
| Prax Aircon Private Limited this company | ₹89.84 Lakh (FY 2023) | •••• | •••• | 52.0% | •••• | Mumbai, Maharashtra, India |
| Mile Aire Private Limited | ₹89.5 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
| Autotrade Design Private Limited | ₹89.21 Lakh (FY 2024) | •••• | •••• | 456.0% | •••• | Gurugram, Haryana, India |
| Suvadarshi Industries Private Limited | ₹89.18 Lakh (FY 2025) | •••• | •••• | 48.0% | •••• | Dhuligarh, Odisha, India |
| Cleanwise Property Maintenance Services Private Limited | ₹89.14 Lakh (FY 2022) | •••• | •••• | 4.0% | •••• | Kottayam, Kerala, India |
| Nestor Engineering Private Limited | ₹88.65 Lakh (FY 2020) | •••• | •••• | -51.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Prax Aircon by revenue in the Engineering industry (Maintenance Services), 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 Prax Aircon Private Limited
Prax Aircon Private Limited is audited by VASANI & THAKKAR for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VASANI & THAKKAR | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Prax Aircon Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prax Aircon Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2016 | Others | ₹2.8 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Prax Aircon Private Limited
Prax Aircon Private Limited has 3 court cases on record: 3 filed by Prax Aircon. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Livewel Beauty Services Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against Livewel Beauty Services Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Livewel Beauty Services Private Limited | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Prax Aircon Private Limited
Prax Aircon Private Limited has a workforce of 2 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Prax Aircon Private Limited
Prax Aircon Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Vijaya Prakashchandra Bobda ceased to be Additional Director on 30 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Prax Aircon Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Prax Aircon Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prax Aircon Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Prax Aircon Private Limited
Prax Aircon has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP4669N1ZO | Maharashtra | Active | 01 Jul 2017 |
| 03AAFCP4669N2ZX | Punjab | Active | 21 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Prax Aircon Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prax Aircon Private Limited
Prax Aircon is an active private limited company based in Mumbai, Maharashtra, India. The company works in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 03 May 2010 (16+ years old) and is registered under CIN U29192MH2010PTC202679.
Prax Aircon reported revenue of ₹89.84 Lakh for FY 2023 (up 52% YoY).
Prax Aircon has 2 current directors:
- Vijaya Prakashchandra Bobda - Director
- Sumesh Prakashchandra Shah - Director
Prax Aircon reported a net profit of ₹15.55 Lakh (net margin 17.3%) and EBITDA of ₹39.53 Lakh (EBITDA margin 44%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prax Aircon is -50% over three years and -22% over five years. In the latest year (FY 2023) revenue rose 52%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prax Aircon is 27AAFCP4669N1ZO, registered in Maharashtra. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 03AAFCP4669N2ZX (Punjab).
The CIN (Corporate Identification Number) of Prax Aircon is U29192MH2010PTC202679. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prax Aircon has 3 court cases on record: 3 filed by the company.
Prax Aircon was incorporated on 03 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Prax Aircon by revenue are Promedix (I) Private Limited, Ultramodern Elevator's and Escalator Private Limited, United Enviroengineers India Private Limited, Geocon Test Engineers Private Limited, Sapd Engineering Services Private Limited and 5 more, all in the Engineering industry (Maintenance Services).
Vijaya Prakashchandra Bobda ceased to be Additional Director on 30 Sep 2017. Prakashchandra Mithalal Bobda ceased to be Director on 25 May 2016. Vijaya Prakashchandra Bobda was appointed as Director on 02 May 2016. Prax Aircon has 4 board changes on record in total.