- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0019335

About Precision Mass Products Private Limited
Data last updated:
Precision Mass Products Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 28 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29190GJ2008PTC053086. Its GSTIN is 24AAECP6307N1Z8 (Gujarat).
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.6 Cr. It is led by directors including Nishit Pankaj Patel and Valmik Pankaj Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 23 Shivanand Apartment B/H Mandakini Society K.K. Nagar Road Ghatlodiya, Ahmedabad, Gujarat, India – 380061.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.68 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.59 Cr (net margin 4.7%) and EBITDA of ₹4.42 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 16% over five years.
The company has about 102 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.75 Cr and satisfied charges of ₹50 Lakh on record. The company has 1 deal on record (1 rights issue); the latest was in January 2016. Its 4 peer companies in the Machinery and Equipment industry (Testing Equipment), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment) are compared by revenue, 2 larger and 2 smaller; the largest is Presto Stantest Private Limited with revenue of ₹57.13 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 8 overdue payments to 5 micro and small suppliers.
Precision Mass Products Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0019335). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website precisionmass.com.
Company details
Recognitions & Rankings of Precision Mass Products
Contact details
Precision Mass Products Private Limited's registered office is in Ahmedabad, Gujarat. Its website is precisionmass.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 23 Shivanand Apartment B/H Mandakini Society K.K. Nagar Road Ghatlodiya, Ahmedabad, Gujarat, India – 380061
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
To see the full contact details of Precision Mass Products Private Limited, buy the company report.
- 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
Business activity
The main business activity of Precision Mass Products is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Precision Mass Products Private Limited, buy the company report.
Financials of Precision Mass Products Private Limited
FY 2024 filings availablePrecision Mass Products Private Limited reported revenue of ₹54.68 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 1% growth in the latest year. EBITDA rose 4% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.42 Cr | ||||
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| Net Profit (PAT) | ₹2.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 4.7% | ||||
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To see the full financial statements and ratios of Precision Mass Products Private Limited, buy the company report.
Board of directors of Precision Mass Products Private Limited
Precision Mass Products has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishit Pankaj Patel Also directs: Precision Mass Holdings Private Limited | Director | 03 Mar 2008 | 18 Years 8 Months | Current |
| Valmik Pankaj Patel | Director | 22 Sep 2019 | 7 Years 1 Months | Current |
| Harishbhai Prahladbhai Patel | Director | 28 Feb 2008 | 18 Years 8 Months | Current |
| Pankajbhai Prahladbhai Patel | Director | 28 Feb 2008 | 18 Years 8 Months | Current |
Peer comparison
Precision Mass Products Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Testing Equipment), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Presto Stantest Private Limited | ₹57.13 Cr (FY 2025) | 15.0% | Faridabad, Haryana, India | |||
| Scientific Mes-Technik Pvt.Ltd. | ₹54.75 Cr (FY 2025) | -11.0% | Indore, Madhya Pradesh, India | |||
| Precision Mass Products Private Limitedthis company | ₹54.68 Cr (FY 2025) | ₹2.59 Cr | 4.7% | 1.0% | 102 | Ahmedabad, Gujarat, India |
| Engineering and Environmental Solutions Private Limited | ₹53.05 Cr (FY 2025) | 13.0% | Aligarh, Uttar Pradesh, India | |||
| Accurate Engineering Company Private Limited | ₹50.65 Cr (FY 2024) | 16.0% | Pune, Maharashtra, India |
To see the full peer comparison of Precision Mass Products Private Limited, buy the company report.
Auditor
Precision Mass Products Private Limited is audited by P M PATEL & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P M PATEL & CO | FY 2024 | 107741W |
Shareholding
The shareholding of Precision Mass Products Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Precision Mass Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2022 | 100642494 | Hdfc Bank Limited | ₹18.35 Lakh | Open | |
| 11 Sep 2015 | 10595228 | Others | ₹6.56 Cr | Open | |
| 01 May 2019 | 100263087 | Hdfc Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Precision Mass Products Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Precision Mass Products Private Limited has 1 deal on record (1 rights issue); the latest was in January 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Rights issue | ₹1.59 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Precision Mass Products Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Precision Mass Products Private Limited was last rated by Care on 04 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Jul 2022 |
To see the full credit ratings and regulatory alerts of Precision Mass Products Private Limited, buy the company report.
MSME payment delays
Precision Mass Products Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 8 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ratnamani Techno Casts Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Sunshine Metals | |||
| an individual supplier |
To see the full MSME payment records of Precision Mass Products Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Precision Mass Products Private Limited has a workforce of 102 employees on its EPFO records as of Apr 10, 2025, across 1 active EPFO establishment.
GST
Precision Mass Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECP6307N1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Precision Mass Products Private Limited, buy the company report.
Recent activity
Precision Mass Products Private Limited has 5 board changes on record since 2008: 4 appointments and 1 cessation. The latest: Valmik Pankaj Patel ceased to be Additional Director on 30 Sep 2019.
2 earlier events are in the company report.
Frequently asked questions
Precision Mass Products is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 28 February 2008 (18+ years old) and is registered under CIN U29190GJ2008PTC053086.
Precision Mass Products has 4 current directors:
- Nishit Pankaj Patel - Director
- Valmik Pankaj Patel - Director
- Harishbhai Prahladbhai Patel - Director
- Pankajbhai Prahladbhai Patel - Director
The latest financial statements of Precision Mass Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Precision Mass Products is 24AAECP6307N1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Precision Mass Products is U29190GJ2008PTC053086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precision Mass Products was incorporated on 28 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Precision Mass Products has 1 deal on record (1 rights issue); the latest was in January 2016.
The peers of Precision Mass Products by revenue are Presto Stantest Private Limited, Scientific Mes-Technik Pvt.Ltd, Engineering and Environmental Solutions Private Limited, Accurate Engineering Company Private Limited, all in the Machinery and Equipment industry (Testing Equipment), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Valmik Pankaj Patel ceased to be Additional Director on 30 Sep 2019. Valmik Pankaj Patel was appointed as Director on 22 Sep 2019. Nishit Pankaj Patel was appointed as Director on 03 Mar 2008. Precision Mass Products has 5 board changes on record in total.
Yes, Precision Mass Products is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0019335).
Precision Mass Products has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 8 overdue payments to 5 micro and small suppliers. The latest return was filed on 20 Jun 2019.
Precision Mass Products can be reached through the website precisionmass.com. Its registered office is in Ahmedabad, Gujarat, India.

