About Precision Foils Private Limited
Data last updated:
Precision Foils Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 04 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27203MH1994PTC075886. Its GSTIN is 27AABCP6367P1ZP (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Kartik Ranjit Shah (Whole-Time Director) and Tapan Ranjit Shah (Whole-Time Director).
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 202 Sagarika Opp. Palm Grove Hotel Juhu Tara Road Juhu Mumbai., Maharashtra, India – 400049.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.59 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹26.34 Lakh (net margin 2.3%) and EBITDA of ₹44.62 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹12.5 Cr and satisfied charges of ₹5.52 Cr 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 precisionfoils.net.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address202 Sagarika Opp. Palm Grove Hotel Juhu Tara Road Juhu Mumbai., Maharashtra, India – 400049
- IndustryPackaging, Packaging Films & Foils
- 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 Precision Foils Private Limited
The main business activity of Precision Foils 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 Precision Foils Private Limited FY 2025 filings available
Precision Foils Private Limited reported revenue of ₹11.59 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Precision Foils Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 15% growth in the latest year. EBITDA fell 3% 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 Foils 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 | ₹44.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.34 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 Precision Foils Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 Precision Foils 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 Precision Foils Private Limited
Precision Foils Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Films and Foils). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Vinayak Medical Services Private Limited | ₹11.93 Cr (FY 2017) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
| Garodia Plastcon Private Limited | ₹11.88 Cr (FY 2025) | •••• | •••• | 105.0% | •••• | Ranchi, Jharkhand, India |
| Shree Ganesh Graphics Private Limited | ₹11.79 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Sai Foils Private Limited | ₹11.62 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Delhi, India |
| Alpha Lasertek India Limited | ₹11.6 Cr (FY 2017) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Precision Foils Private Limited this company | ₹11.59 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Capricon Stypack (India) Private Limited | ₹11.59 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Samarth Polyprints Private Limited | ₹11.56 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Surat, Gujarat, India |
| SKC Poly Engineering Private Limited | ₹11.56 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Aurangabad, Maharashtra, India |
| Texam Technologies Private Limited | ₹11.45 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Rajratna Polymers Private Limited | ₹11.03 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Kotda Sanghani, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Precision Foils by revenue in the Packaging industry (Films and Foils), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Precision Foils Private Limited
Precision Foils Private Limited is audited by PGS & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PGS & Associates | 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 Foils Private Limited
Precision Foils has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kartik Ranjit Shah Also directs: Dynamic Properties Pvt Ltd | Whole-Time Director | 01 Apr 1998 | 28 Years 6 Months | Current |
| Tapan Ranjit Shah Also directs: Dynamic Properties Pvt Ltd | Whole-Time Director | 04 Jan 1994 | 32 Years 9 Months | Current |
| Hitesh Bhaskar Joshi | Whole-Time Director | 30 Jul 1996 | 30 Years 2 Months | Current |
Ownership and Shareholding of Precision Foils 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 Foils Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2023 | Others | ₹12.5 Cr | Open |
| 28 Feb 2019 | Others | ₹1.8 Cr | Satisfied |
| 14 Feb 2009 | United Bank of India | ₹2.1 Cr | Satisfied |
| 26 Jul 2002 | United Bank of India | ₹80 Lakh | Satisfied |
| 08 Jan 2002 | United Bank of India | ₹34 Lakh | Satisfied |
Total charge records: 7 View all charges
MSME Payment Delays by Precision Foils Private Limited
Precision Foils Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 23 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Parag Milk Foods Limited | •••• | •••• | •••• |
| Sunfresh Agro Industries Private Limited | •••• | •••• | •••• |
| Shree Bhavnagar Dcmpu Ltd. | •••• | •••• | •••• |
| Mehsana Dairy and Food Products Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Precision Foils Private Limited
Employment history and EPFO contributions of people linked to Precision Foils.
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 Precision Foils Private Limited
Precision Foils Private Limited has 7 board changes on record since 1994: 3 appointments and 4 cessations. The latest: Hitesh Bhaskar Joshi ceased to be Director on 24 Oct 2016.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Precision Foils 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.
Subsidiaries & Group Companies of Precision Foils 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 Foils Private Limited
Precision Foils has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP6367P1ZP | 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 Precision Foils 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 Foils Private Limited
Precision Foils is an active private limited company based in Mumbai, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 04 January 1994 (32+ years old) and is registered under CIN U27203MH1994PTC075886.
Precision Foils reported revenue of ₹11.59 Cr for FY 2025 (up 15% YoY).
Precision Foils has 3 current directors:
- Kartik Ranjit Shah - Whole-Time Director
- Tapan Ranjit Shah - Whole-Time Director
- Hitesh Bhaskar Joshi - Whole-Time Director
Precision Foils reported a net profit of ₹26.34 Lakh (net margin 2.3%) and EBITDA of ₹44.62 Lakh (EBITDA margin 3.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Precision Foils is 10% over three years and 4% over five years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Precision Foils is 27AABCP6367P1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Precision Foils is U27203MH1994PTC075886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precision Foils was incorporated on 04 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Precision Foils by revenue are Shree Vinayak Medical Services Private Limited, Garodia Plastcon Private Limited, Shree Ganesh Graphics Private Limited, Sai Foils Private Limited, Alpha Lasertek India Limited and 5 more, all in the Packaging industry (Films and Foils).
Hitesh Bhaskar Joshi ceased to be Director on 24 Oct 2016. Kartik Ranjit Shah ceased to be Director on 24 Oct 2016. Ranjit Hiralal Shah ceased to be Director on 24 Oct 2016. Precision Foils has 7 board changes on record in total.
Precision Foils has 4 MSME Form 1 returns on record between 2022 and 2023, listing 23 overdue payments to 13 micro and small suppliers. The latest return was filed on 13 Oct 2023.
Precision Foils can be reached through the website precisionfoils.net. Its registered office is in Mumbai, Maharashtra, India.