About Precise Equipments Private Limited
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Precise Equipments Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 07 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1997PTC111113. Its GSTIN is 27AABCP6546L1Z0 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nitin Pandurang Patwardhan (Whole-Time Director) and Varsha Nitin Patwardhan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 4 Laghu Udyog Kendra I B Patel Road Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.22 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.38 Lakh (net margin 23.3%) and EBITDA of ₹5.39 Lakh (EBITDA margin 52.8%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 44% over five years.
As per MCA filings, the company has open charges of ₹54.08 Lakh and satisfied charges of ₹43.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website preciseequipments.com.
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- TelephoneLocked
- Website
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- Registered AddressB – 4 Laghu Udyog Kendra I B Patel Road Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryMachinery and Equipment, Process Machinery & Industrial 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 Precise Equipments Private Limited
The main business activity of Precise Equipments is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports 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 Precise Equipments Private Limited FY 2025 filings available
Precise Equipments Private Limited reported revenue of ₹10.22 Lakh (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Precise Equipments Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 4% fall in the latest year. EBITDA rose 160% 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 Precise Equipments Private 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 | ₹5.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.38 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 Precise Equipments Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 23.3% | •••• | •••• | •••• | •••• |
| 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 Precise Equipments 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 Precise Equipments Private Limited
Precise Equipments Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rohit Techserve Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Samyak Tools Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| CVN Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Devagya Tools Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Shri Ram Techno Engineering Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Precise Equipments Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Elpro Machinery Private Limited | •••• | •••• | •••• | •••• | - | Silvassa, Dadra & Nagar Haveli, India |
| PD Polygrinders Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Convertaid Engineers Pvt Ltd | •••• | •••• | •••• | •••• | - | Haryana, India |
| A 2 Z Auto Craft Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Jinraj Agro and Chemical Products Private Limited | •••• | •••• | •••• | •••• | - | Karad, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Precise Equipments by revenue in the Machinery and Equipment industry (Process Machinery), 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 Precise Equipments Private Limited
Precise Equipments Private Limited is audited by S S JHUNJHUNWALA & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S S JHUNJHUNWALA & 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 Precise Equipments Private Limited
Precise Equipments 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 |
|---|---|---|---|---|
| Varsha Nitin Patwardhan | Director | 02 Aug 2023 | 3 Years 2 Months | Current |
| Nitin Pandurang Patwardhan Also directs: Precision Cutting Systems Private Limited | Whole-Time Director | 07 Oct 1997 | 29 Years 0 Months | Current |
Ownership and Shareholding of Precise Equipments 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 Precise Equipments Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2020 | Others | ₹4.08 Lakh | Open |
| 04 Jun 2018 | Others | ₹50 Lakh | Open |
| 10 Dec 2010 | Hdfc Bank Limited | ₹30 Lakh | Satisfied |
| 23 Dec 2002 | Bank of Maharastra | ₹13.5 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Precise Equipments Private Limited
Employment history and EPFO contributions of people linked to Precise Equipments.
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 Precise Equipments Private Limited
Precise Equipments Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Varsha Nitin Patwardhan ceased to be Additional Director on 29 Sep 2023.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Precise Equipments 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 Precise Equipments 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 Precise Equipments 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 Precise Equipments Private Limited
Precise Equipments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP6546L1Z0 | 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 Precise Equipments 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 Precise Equipments Private Limited
Precise Equipments is an active private limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 07 October 1997 (29+ years old) and is registered under CIN U28920MH1997PTC111113.
Precise Equipments reported revenue of ₹10.22 Lakh for FY 2025 (down 4% YoY).
Precise Equipments has 2 current directors:
- Nitin Pandurang Patwardhan - Whole-Time Director
- Varsha Nitin Patwardhan - Director
Precise Equipments reported a net profit of ₹2.38 Lakh (net margin 23.3%) and EBITDA of ₹5.39 Lakh (EBITDA margin 52.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Precise Equipments is -58% over three years and -44% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Precise Equipments is 27AABCP6546L1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Precise Equipments is U28920MH1997PTC111113. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precise Equipments was incorporated on 07 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Precise Equipments by revenue are Rohit Techserve Limited, Samyak Tools Private Limited, CVN Technologies Private Limited, Devagya Tools Private Limited, Shri Ram Techno Engineering Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Varsha Nitin Patwardhan ceased to be Additional Director on 29 Sep 2023. Narayan Bhaskar Borvankar ceased to be Director on 17 Aug 2023. Varsha Nitin Patwardhan was appointed as Director on 02 Aug 2023. Precise Equipments has 4 board changes on record in total.
Precise Equipments can be reached through the website preciseequipments.com. Its registered office is in Mumbai, Maharashtra, India.