Precision Cutting Systems Private Limited Company Logo

Precision Cutting Systems Private Limited - Company Profile

It is a machinery and equipment private limited company based in Mumbai, Maharashtra, India, established in 1997.

1997 | Mumbai, Maharashtra, India | Active
Last Updated:

About Precision Cutting Systems Private Limited

Precision Cutting Systems Private Limited, a active private limited company, was established on 08 October 1997 in Mumbai, Maharashtra, India. Engaging in packaging machinery & equipment within the manufacturing sector, it holds CIN: U28920MH1997PTC111154. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 16 professional, Its leadership includes Varsha Nitin Patwardhan (Whole-Time Director), Nitin Pandurang Patwardhan (Whole-Time Director). It holds no open charges and ₹1.18 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Flat No. B/202, Velentine Apartment Lll ,Chs Ltd, Bldg B-1, General A.K. Vaidya Marg, Mala, D(E), Mumbai, Maharashtra, 400097.

Company Details

  • CIN/LLPIN

    U28920MH1997PTC111154

  • Registration Number

    111154

  • Incorporation Date

    08 October 1997

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 28 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.18 Cr
  • Revenue Growth -4.91%
  • Profit Growth -57.53%
  • Ebitda -101.49%
  • Net Worth 2.90%
  • Total Assets -1.81%
Company report

Precision Cutting Systems Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Precision Cutting Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Precision Cutting Systems Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Varsha Nitin PatwardhanWhole-Time Director01 Dec 2001Current
Nitin Pandurang PatwardhanWhole-Time Director08 Oct 1997Current

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Financial Performance of Precision Cutting Systems.

Precision Cutting Systems Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.91% decrease. The company also saw a substantial fall in profitability, with a 57.53% decrease in profit. The company's net worth moved up by a moderate rise of 2.9%.

Precision Cutting Systems revenue growth over time
Precision Cutting Systems profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-4.91%
Revenue from Operations
-5.02%
Total Assets
-1.81%
Profit or Loss
-57.53%
Net Worth
2.90%
EBITDA
-101.49%

What is the Ownership and Shareholding Structure of Precision Cutting Systems?

In 2022, Precision Cutting Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹11,800,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.80 Cr
  • Bank Of Maharashtra : 0.38 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 2010Bank Of Maharashtra₹2.16 MSatisfied
11 Dec 2010Hdfc Bank Limited₹4.00 MSatisfied
15 Nov 2010Hdfc Bank Limited₹4.00 MSatisfied
04 Nov 2003Bank Of Maharashtra₹1.00 MSatisfied
02 Sep 1998Bank Of Maharashtra₹0.64 MSatisfied

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How Many Employees Work at Precision Cutting Systems?

Precision Cutting Systems has a workforce of 16 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Precision Cutting Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Precision Cutting Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Precision Cutting Systems's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Precision Cutting Systems

Recent Activity within the Organization

  • Annual General Meeting

    Precision Cutting Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Precision Cutting Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    A charge registered on 28 Dec 2010 via Charge ID 10264497 with Bank Of Maharashtra was fully satisfied on 21 Mar 2014. was recorded as a recent event.

  • Charges

    A charge registered on 11 Dec 2010 via Charge ID 10266305 with Hdfc Bank Limited was fully satisfied on 10 Feb 2014. was recorded as a recent event.

  • Charges

    The activity A charge registered on 15 Nov 2010 via Charge ID 10265625 with Hdfc Bank Limited was fully satisfied on 10 Feb 2014. was completed.

  • Charges

    The activity A charge with Bank Of Maharashtra amounted to Rs. 2.16 M with Charge ID 10264497 was registered on 28 Dec 2010. was completed.

Frequently Asked Questions

  • What is the CIN of Precision Cutting Systems Private Limited?

    The CIN of Precision Cutting Systems Private Limited is U28920MH1997PTC111154.

  • Where is Precision Cutting Systems Private Limited headquartered?

    Precision Cutting Systems Private Limited is headquartered at Flat No. B/202, Velentine Apartment Lll ,Chs Ltd, Bldg B-1, General A.K. Vaidya Marg, Mala, D(E), Mumbai, Maharashtra, 400097.

  • When was Precision Cutting Systems Private Limited incorporated?

    Precision Cutting Systems Private Limited was incorporated on 08 October 1997.

  • Who are the current directors of Precision Cutting Systems Private Limited?

    The current directors of Precision Cutting Systems Private Limited are

  • What is the primary industry of Precision Cutting Systems Private Limited?

    The primary industry of Precision Cutting Systems Private Limited is Manufacturing.

  • Is Precision Cutting Systems Private Limited a listed company?

    Precision Cutting Systems Private Limited is unlisted.

  • What is the capital structure of Precision Cutting Systems Private Limited?

    The authorized capital of Precision Cutting Systems Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

  • What is the compliance status of Precision Cutting Systems Private Limited?

    The compliance status of Precision Cutting Systems Private Limited is Compliant.

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