Precision Engitech Private Limited
About Precision Engitech Private Limited
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Precision Engitech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 20 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74110GJ1997PTC032548. Its GSTIN is 24AAACP9206E1ZR (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It was formerly known as Perpetual Engineering Private Limited. It is led by directors including Nita Prakash Shah and Prakash Rasiklal Shah.
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 3 Janak Estate Opp Chakudia Mahadev Rakhial, Ahmedabad, Gujarat, India – 380021.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.24 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹29,700 (net margin 0.2%) and EBITDA of ₹10.2 Lakh (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 276% over five years.
As per MCA filings, the company has open charges of ₹46.69 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address3 Janak Estate Opp Chakudia Mahadev Rakhial, Ahmedabad, Gujarat, India – 380021
- IndustryMetals and Minerals, Metal Manufacturing & Processing, Steel Manufacturing & Processing
- 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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Financials of Precision Engitech Private Limited FY 2025 filings available
Precision Engitech Private Limited reported revenue of ₹1.24 Cr (up 175% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Precision Engitech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 276% over five years, including 175% growth in the latest year. EBITDA rose 68% 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 Precision Engitech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.24 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29,700 | •••• | •••• | •••• | •••• |
| 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 Precision Engitech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Precision Engitech 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.
Auditor Details of Precision Engitech Private Limited
Precision Engitech Private Limited is audited by KHANDHAR MEHTA & SHAH for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KHANDHAR MEHTA & SHAH | 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 Precision Engitech Private Limited
Precision Engitech has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nita Prakash Shah Also directs: Task Advisory LLP, Trigmate Advisors Private Limited | Director | 20 Jun 1997 | 29 Years 3 Months | Current |
| Prakash Rasiklal Shah | Director | 20 Jun 1997 | 29 Years 3 Months | Current |
| Chintan Prakash Shah Also directs: Trigmate Advisors Private Limited | Director | 06 Aug 2014 | 12 Years 2 Months | Current |
Ownership and Shareholding of Precision Engitech 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 Precision Engitech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2022 | Others | ₹46.69 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Precision Engitech Private Limited
Employment history and EPFO contributions of people linked to Precision Engitech.
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.
CIN History of Precision Engitech Private Limited
Precision Engitech has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110GJ1997PTC032548, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110GJ1997PTC032548 | Current |
| U72100GJ1997PTC032548 | Previous |
| U74210GJ1997PTC032548 | Previous |
Recent Activity on Precision Engitech Private Limited
Precision Engitech Private Limited has 4 board changes on record since 1997: 3 appointments and 1 cessation. The latest: Chintan Prakash Shah ceased to be Additional Director on 30 Sep 2014.
Credit Ratings, Litigation & Regulatory Alerts for Precision Engitech 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 Precision Engitech 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 Precision Engitech 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 Precision Engitech Private Limited
Precision Engitech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACP9206E1ZR | Gujarat | Active | 13 May 2021 |
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 Precision Engitech 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 Precision Engitech Private Limited
Precision Engitech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 20 June 1997 (29+ years old) and is registered under CIN U74110GJ1997PTC032548.
Precision Engitech reported revenue of ₹1.24 Cr for FY 2023 (up 175% YoY).
Precision Engitech has 3 current directors:
- Nita Prakash Shah - Director
- Prakash Rasiklal Shah - Director
- Chintan Prakash Shah - Director
Precision Engitech reported a net profit of ₹29,700 (net margin 0.2%) and EBITDA of ₹10.2 Lakh (EBITDA margin 8.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Precision Engitech is 276% over five years. In the latest year (FY 2023) revenue rose 175%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Precision Engitech is 24AAACP9206E1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Precision Engitech is U74110GJ1997PTC032548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precision Engitech was incorporated on 20 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chintan Prakash Shah ceased to be Additional Director on 30 Sep 2014. Chintan Prakash Shah was appointed as Director on 06 Aug 2014. Nita Prakash Shah was appointed as Director on 20 Jun 1997. Precision Engitech has 4 board changes on record in total.
The registered office of Precision Engitech is at 3 Janak Estate Opp Chakudia Mahadev Rakhial, Ahmedabad, Gujarat, India – 380021.