About
Basic Data Updated:
2 days agoPrecision Camshafts Limited, founded in 1992, is a company that specializes in the manufacturing of camshafts, a critical component of engines. With over 150 varieties of camshafts, the company supplies to various industries such as passenger vehicles, tractors, light commercial vehicles, and locomotive engines. The company has four manufacturing units located in Solapur, Maharashtra, out of which two are Export Oriented Units (EOU). Its product range includes chilled cast iron, straight hollow, profiled hollow, and trilobe camshafts. PCL's clients include renowned names in the auto industry and railway sectors such as BMW, Changan Ford Mazda, GM, Mahle, Maruti Suzuki, New Holland, Piaggio, Porche, Sonalika International, TATA, Hyundai, Escorts, Mahindra, and Force. PCL is a subsidiary of... Read More
Industry
Company Details
- Location
Solapur, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Precision Camshafts Limited
Camshafts
Cast Iron
Engine Camshaft
Auto Camshaft
Financials of Precision Camshafts Limited
Precision Camshafts Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 11.95% decrease. The company also saw a substantial fall in profitability, with a 14.38% decrease in profit. The company's net worth moved up by a moderate rise of 9.62%.
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Corporate Structure
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People in Precision Camshafts Limited
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Executive Team (3)
YS
Yatin Shah
Managing DirectorAppointment Date: 08-Jun-1992
Status: Current
TP
Tanmay Pethkar Company SecretaryAppointment Date: 10-Aug-2023
Status: Current
MJ
Mr Joshi CFOAppointment Date: 09-Jan-2015
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Bank Of India Creation Date: 14 Jun 2010 | ₹87.00 Cr | Open |
Bank Of Baroda Creation Date: 05 Oct 2011 | ₹7.99 M | Satisfied |
Bank Of India And Bank Of Baroda Creation Date: 30 Aug 2011 | ₹120.00 Cr | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
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Cams Technology Limited
Active
10 years 10 months Yatin Shah, Ravindra Joshi and 1 more are mutual person
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Recent activity within the organization
Annual General Meeting
Precision Camshafts Limited last Annual general meeting of members was held on 26 Jul 2023 as per latest MCA records.
26 Jul 2023Balance Sheet
Precision Camshafts Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
31 Mar 2023Charges
A charge with Bank Of India of Rs. 87.00 cr registered on 14 Jun 2010 with Charge ID 10227408 was modified on 29 Mar 2023.
29 Mar 2023Director Appointment
Anagha Srinivas Rao Anasingaraju was appointed as a Director was appointed as a Director on 29 Mar 2023 & has been associated with this company since 1 year 1 month .
29 Mar 2023Director Appointment
Apurva Pradeep Joshi was appointed as a Director was appointed as a Director on 29 Mar 2023 & has been associated with this company since 1 year 1 month .
29 Mar 2023
Recent News, Updates & Announcement
Precision Camshafts gets nod to grant foreign currency loan to subsidiary.Udaipurkiran 15 Nov 2018
- Precision Camshafts acquires 51 stake in EMOSS Mobile Systems BV Netherlands.
Business Standard 18 May 2018
- Precision Camshafts acquires MEMCO to strengthen niche machining capabilities.
The company has an enviable client roster including global original equipment manufacturers OEMs such as Ford Motors General Motors Toyota Maruti Suzuki Hyundai Daimler and Porsche.
ETAuto 11 Oct 2017
- Precision Camshafts receives order worth Rs 550 crores from Ford Motor Company.
PCL is also setting up a plant in Brazil for machining of camshafts to General Motors 6 mn over the life of program In India the company is expanding its capacity and adding a new machine shop for ductile assembled chilled cast iron camshafts at its EOU division in Solapur.
ETAuto 29 May 2017
- Precision Camshafts bags global contract from General Motors.
Finalaya 14 Feb 2017
Frequently asked questions
What is the Incorporation or founding date of Precision Camshafts Limited?
