About Precimax Engineers Limited
Data last updated:
Precimax Engineers Limited is a public limited company based in Thane, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 26 October 1962 and has been in existence for over 64 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29220MH1962PLC012509. Its GSTIN is 27AABCP3122C1Z1 (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.03 Cr. It was formerly known as Precimax Machine Tools Private Limited. It is led by directors including Lalit Gul Shahani (Managing Director) and Malti Gul Shahani.
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 Plot A – 52 MIDC Area Badlapur, Thane, Maharashtra, India – 421504.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.86 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹8.18 Lakh (net margin 2.9%) and EBITDA of ₹21.77 Lakh (EBITDA margin 7.6%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 5% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Precimax Engineers Limited. As per MCA filings, the company has open charges of ₹2.5 Cr on record. Court records list 27 cases involving the company, including 8 filed by the company and 19 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website precimaxonline.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot A – 52 MIDC Area Badlapur, Thane, Maharashtra, India – 421504
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Precimax Engineers Limited
The main business activity of Precimax Engineers is manufacturing. In detail, this covers manufacture of computer, electronic and optical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 26 | Manufacture of computer, electronic and optical products | 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 Precimax Engineers Limited FY 2025 filings available
Precimax Engineers Limited reported revenue of ₹2.86 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Precimax Engineers Limited
Revenue rose 22% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. 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 of Precimax Engineers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹21.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.18 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 Precimax Engineers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• | •••• | •••• |
| 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 Precimax Engineers 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.
Peer Comparison of Precimax Engineers Limited
Precimax Engineers 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Automation Manifold Services Private Limited | ₹2.86 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Nagpur, Maharashtra, India |
| Porima Technology Private Limited | ₹2.86 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| DSP Precision Products Private Limited | ₹2.86 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Sterling Engineers & Boilers Private Limited | ₹2.86 Cr (FY 2025) | •••• | •••• | 256.0% | •••• | Pune, Maharashtra, India |
| Techno Crat Foundry Chem Private Limited | ₹2.86 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Pune, Maharashtra, India |
| Precimax Engineers Limited this company | ₹2.86 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Thane, Maharashtra, India |
| Dan Infraprojects Private Limited | ₹2.85 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Thane, Maharashtra, India |
| Anandeshwar Exim Private Limited | ₹2.85 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Shihisa Engineering Private Limited | ₹2.85 Cr (FY 2024) | •••• | •••• | 163.0% | •••• | Mumbai, Maharashtra, India |
| Parkinson- San Systems Private Limited | ₹2.85 Cr (FY 2023) | •••• | •••• | -82.0% | •••• | Aurangabad, Maharashtra, India |
| S.R.A. Stamping and Laminations Private Limited | ₹2.85 Cr (FY 2017) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Precimax Engineers 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 Precimax Engineers Limited
Precimax Engineers Limited is audited by CHATURVEDI & SHAH for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHATURVEDI & SHAH | 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.
Board of Directors of Precimax Engineers Limited
Precimax Engineers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Gul Shahani | Managing Director | 19 Feb 1993 | 33 Years 7 Months | Current |
| Malti Gul Shahani Also directs: Markex Agencies India Private Limited | Director | 21 Jan 2016 | 10 Years 8 Months | Current |
| Poonam Gul Shahani Also directs: Shahani Entrepreneurs Limited | Director | 01 Jul 2008 | 18 Years 3 Months | Current |
Ownership and Shareholding of Precimax Engineers 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 Precimax Engineers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2002 | Bank of Baroda | ₹1.2 Cr | Open |
| 12 Nov 1994 | Bank of Baroda | ₹3.2 Lakh | Open |
| 05 Dec 1991 | Bank of Baroda | ₹20 Lakh | Open |
| 08 Jun 1991 | Bank of Baroda | ₹62.56 Lakh | Open |
| 04 Feb 1991 | Bank of Baroda | ₹20.86 Lakh | Open |
Total charge records: 11 View all charges
Legal Cases of Precimax Engineers Limited
Precimax Engineers Limited has 27 court cases on record: 8 filed by Precimax Engineers, 19 filed against it. 3 cases are pending and 24 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 8 | 1 |
| District courts | 11 | 11 | 2 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOCL) | Filed against the company by Touche Communications Private Limited | Pending |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed against the company by Jitamitra Electro Engineering Private Limited | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by Touche Communications Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Touche Communications Private Limited | Disposed |
| Bombay High Court | Court case (APPLN) | Filed against the company by Touche Communications Private Limited | Disposed |
Full case history
All 27 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.
Associated Brands with Precimax Engineers Limited
Precimax Engineers operates one associated brand: Precimax Engineers Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of galvanizing plants and equipment for industrial applications. | precimaxonline.com |
Employees and EPFO Compliance at Precimax Engineers Limited
Precimax Engineers Limited has a workforce of 1 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.
CIN History of Precimax Engineers Limited
Precimax Engineers has one previous CIN (Corporate Identification Number): U29220MH1962PTC012509. The current CIN is U29220MH1962PLC012509, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29220MH1962PLC012509 | Current |
| U29220MH1962PTC012509 | Previous |
Recent Activity on Precimax Engineers Limited
Precimax Engineers Limited has 8 board changes on record since 1993: 3 appointments and 5 cessations. The latest: Malti Gul Shahani ceased to be Additional Director on 30 Sep 2016.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Precimax Engineers 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 Precimax Engineers 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 Precimax Engineers 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 Precimax Engineers Limited
Precimax Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP3122C1Z1 | Maharashtra | Active | 01 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 Precimax Engineers 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 Precimax Engineers Limited
Precimax Engineers is an active public limited company based in Thane, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 26 October 1962 (64+ years old) and is registered under CIN U29220MH1962PLC012509.
Precimax Engineers reported revenue of ₹2.86 Cr for FY 2025 (up 22% YoY).
Precimax Engineers has 3 current directors:
- Lalit Gul Shahani - Managing Director
- Malti Gul Shahani - Director
- Poonam Gul Shahani - Director
Precimax Engineers reported a net profit of ₹8.18 Lakh (net margin 2.9%) and EBITDA of ₹21.77 Lakh (EBITDA margin 7.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Precimax Engineers is -16% over three years and -5% over five years. In the latest year (FY 2025) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Precimax Engineers is 27AABCP3122C1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Precimax Engineers is U29220MH1962PLC012509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precimax Engineers has 27 court cases on record: 8 filed by the company and 19 filed against it. 3 are pending. Most are in the high courts.
Precimax Engineers was incorporated on 26 October 1962, making it 64+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Precimax Engineers by revenue are Automation Manifold Services Private Limited, Porima Technology Private Limited, DSP Precision Products Private Limited, Sterling Engineers & Boilers Private Limited, Techno Crat Foundry Chem Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Malti Gul Shahani ceased to be Additional Director on 30 Sep 2016. Malti Gul Shahani was appointed as Director on 21 Jan 2016. Vineet Agarwal ceased to be Director on 30 Jan 2010. Precimax Engineers has 8 board changes on record in total.