Precimet Private Limited
About Precimet Private Limited
Data last updated:
Precimet Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 31 August 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27104TN1981PTC008973. Its GSTIN is 33AADCP3514G1ZU (Tamil Nadu).
The company has an authorised share capital of ₹2.5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sriram Mundengaden Cheruvari and Sharmila Sriram.
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 2nd Floor 1346 Golden Colony 9th Street Annanagar West Extension, Chennai, Tamil Nadu, India – 600050.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.43 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹4.07 Lakh (net margin 13.8%) and EBITDA of ₹12.87 Lakh (EBITDA margin 43.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.
As per MCA filings, the company has satisfied charges of ₹2.24 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address2nd Floor 1346 Golden Colony 9th Street Annanagar West Extension, Chennai, Tamil Nadu, India – 600050
- IndustryFinancial Services, Equipment Leasing & Financing
- 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 Precimet Private Limited
The main business activity of Precimet is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | 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 Precimet Private Limited FY 2025 filings available
Precimet Private Limited reported revenue of ₹29.43 Lakh (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Precimet Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 4% growth in the latest year. EBITDA fell 5% 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 Precimet Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹12.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.07 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 Precimet Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.8% | •••• | •••• | •••• | •••• |
| 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 Precimet 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 Precimet Private Limited
Precimet Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mtow Mobility Private Limited | •••• | •••• | •••• | •••• | 31 | Delhi, India |
| Yantramaya Projects Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Cerise Consultancy Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Lima Shipping and Dredging Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| BR Imex (India) Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Precimet Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Mradu Overseas Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Seatech Infra Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Girkar Brothers Audio Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Triveni Communications Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Safe Enterprises Shopfittings Private Limited | •••• | •••• | •••• | •••• | - | New Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Precimet by revenue in the BFSI industry (Machinery and Equipment Leasing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Precimet Private Limited
Precimet Private Limited is audited by P SRINIVASAN & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P SRINIVASAN & CO | 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 Precimet Private Limited
Precimet has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriram Mundengaden Cheruvari Also directs: Alset Estates Private Limited | Director | 23 Aug 1999 | 27 Years 1 Months | Current |
| Sharmila Sriram Also directs: Alset Estates Private Limited | Director | 23 Aug 1999 | 27 Years 1 Months | Current |
Ownership and Shareholding of Precimet 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 Precimet Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Feb 2018 | Others | ₹42 Lakh | Satisfied |
| 15 Apr 2004 | Indian Overseas Bank | ₹1.82 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Precimet Private Limited
Employment history and EPFO contributions of people linked to Precimet.
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 Precimet Private Limited
Precimet Private Limited has 2 board changes on record since 1999: 2 appointments. The latest: Sharmila Sriram was appointed as Director on 23 Aug 1999.
Credit Ratings, Litigation & Regulatory Alerts for Precimet 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 Precimet 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 Precimet 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 Precimet Private Limited
Precimet has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCP3514G1ZU | Tamil Nadu | 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 Precimet 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 Precimet Private Limited
Precimet is an active private limited company based in Chennai, Tamil Nadu, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 31 August 1981 (45+ years old) and is registered under CIN U27104TN1981PTC008973.
Precimet reported revenue of ₹29.43 Lakh for FY 2024 (up 4% YoY).
Precimet has 2 current directors:
- Sriram Mundengaden Cheruvari - Director
- Sharmila Sriram - Director
Precimet reported a net profit of ₹4.07 Lakh (net margin 13.8%) and EBITDA of ₹12.87 Lakh (EBITDA margin 43.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Precimet is 8% over three years and 2% over five years. In the latest year (FY 2024) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Precimet is 33AADCP3514G1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Precimet is U27104TN1981PTC008973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precimet was incorporated on 31 August 1981, making it 45+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Precimet by revenue are Mtow Mobility Private Limited, Yantramaya Projects Private Limited, Cerise Consultancy Private Limited, Lima Shipping and Dredging Private Limited, BR Imex (India) Private Limited and 5 more, all in the BFSI industry (Machinery and Equipment Leasing).
Sharmila Sriram was appointed as Director on 23 Aug 1999. Sriram Mundengaden Cheruvari was appointed as Director on 23 Aug 1999.
The registered office of Precimet is at 2nd Floor 1346 Golden Colony 9th Street Annanagar West Extension, Chennai, Tamil Nadu, India – 600050.