MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0036859
Precimax Engineers Limited - machinery and equipment in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.86 Cr
▲ 22% YoY
Net profit · FY 2025
₹8.18 Lakh
Net margin 2.9%
EBITDA · FY 2025
₹21.77 Lakh
EBITDA margin 7.6%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.03 Cr
Issued & subscribed
Open charges
₹2.5 Cr
Secured borrowings
Company age
64 yrs
Est. 1962
Employees · EPFO
1
Provident fund records
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 29 cases involving the company, including 8 filed by the company and 21 filed against it; 3 cases are pending.
Precimax Engineers Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0036859). 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.
Company details
CIN U29220MH1962PLC012509
Registration Number 012509
Incorporation Date 26 October 1962
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0036859
CIN history
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 |
Key People
Lalit Gul Shahani Managing Director Malti Gul Shahani Director Poonam Gul Shahani Director Recognitions & Rankings of Precimax Engineers
Contact details
Precimax Engineers Limited's registered office is in Thane, Maharashtra. Its website is precimaxonline.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot A – 52 MIDC Area Badlapur, Thane, Maharashtra, India – 421504
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Precimax Engineers Limited, buy the company report.
Comprehensive company report
Precimax Engineers 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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Secure checkout · GST invoice included
Brands
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 |
Business activity
The main business activity of Precimax Engineers is manufacturing. In detail, this covers manufacture of computer, electronic and optical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 26 | Manufacture of computer, electronic and optical products |
To see the full business activity and turnover split of Precimax Engineers Limited, buy the company report.
Financials of Precimax Engineers Limited
FY 2025 filings availablePrecimax Engineers Limited reported revenue of ₹2.86 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹2.86 Cr ▲ 22%
Net profit · FY 2025
₹8.18 Lakh margin 2.9%
EBITDA · FY 2025
₹21.77 Lakh margin 7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▼ 16%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 4%
5 years · compounded
▼ 9%
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹21.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.18 Lakh | ||||
| 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 | 7.6% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Precimax Engineers Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Gul Shahani | Managing Director | 19 Feb 1993 | 33 Years 8 Months | Current |
| Malti Gul Shahani Also directs: Markex Agencies India Private Limited | Director | 21 Jan 2016 | 10 Years 9 Months | Current |
| Poonam Gul Shahani Also directs: Shahani Entrepreneurs Limited | Director | 01 Jul 2008 | 18 Years 3 Months | Current |
Auditor
Precimax Engineers Limited is audited by CHATURVEDI & SHAH for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI & SHAH | FY 2022 | 101720W |
Shareholding
The shareholding of Precimax Engineers Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Precimax Engineers Limited, buy the company report.
Charges & borrowings
Open charges
₹2.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2002 | 90141062 | Bank of Baroda | ₹1.2 Cr | Open | |
| 12 Nov 1994 | 90141819 | Bank of Baroda | ₹3.2 Lakh | Open | |
| 05 Dec 1991 | 90141721 | Bank of Baroda | ₹20 Lakh | Open | |
| 08 Jun 1991 | 90140580 | Bank of Baroda | ₹62.56 Lakh | Open | |
| 04 Feb 1991 | 90141700 | Bank of Baroda | ₹20.86 Lakh | Open |
To see the full charge records of Precimax Engineers Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Precimax Engineers Limited has 29 court cases on record: 8 filed by Precimax Engineers, 21 filed against it. 3 cases are pending and 26 are disposed.
Total cases
29
Filed by the company
8
Filed against the company
21
Pending
3
Disposed
26
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 8 | 1 |
| District courts | 11 | 11 | 2 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOCL) | Filed against the company by Touche Communications Pvt Ltd | Pending |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed against the company by Jitamitra Electro Engineering Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Touche Communications Pvt Ltd | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by Touche Communications Pvt Ltd | Disposed |
| Bombay High Court | Court case (APPLN) | Filed against the company by Touche Communications Pvt. Limited | Disposed |
To see the full case history of Precimax Engineers 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 Precimax Engineers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Precimax Engineers Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-50%
GST
Precimax Engineers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP3122C1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Precimax Engineers Limited, buy the company report.
Recent activity
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.
AGM
Precimax Engineers Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Precimax Engineers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Malti Gul Shahani ceased to be Additional Director.
Appointed
Malti Gul Shahani was appointed as Director.
Ceased
Vineet Agarwal ceased to be Director.
Ceased
Gul Gianchand Shahani ceased to be Director.
Ceased
Lalit Gul Shahani ceased to be Director.
Ceased
Poonam Gul Shahani ceased to be Additional Director.
Appointed
Poonam Gul Shahani was appointed as Director.
Charges
A charge with Bank Of Baroda of Rs. 1.20 Cr registered on 18 Oct 2002 with Charge ID 90141062 was modified on 09 Oct 2007.
Charges
A charge with Bank Of Baroda of Rs. 0.63 Cr registered on 08 Jun 1991 with Charge ID 90140580 was modified on 10 Jan 2005.
Charges
A charge with Bank Of Baroda amounted to Rs. 1.20 Cr with Charge ID 90141062 was registered on 18 Oct 2002.
15 earlier events are in the company report.
Frequently asked questions
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 has 3 current directors:
- Lalit Gul Shahani - Managing Director
- Malti Gul Shahani - Director
- Poonam Gul Shahani - Director
The latest financial statements of Precimax Engineers 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 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 29 court cases on record: 8 filed by the company and 21 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.
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.
Yes, Precimax Engineers is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0036859).
Precimax Engineers can be reached through the website precimaxonline.com. Its registered office is in Thane, Maharashtra, India.