- Udyam number
- UDYAM-GJ-25-0001521

About Precision Rubber Industries Private Limited
Data last updated:
Precision Rubber Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 23 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25190MH2008PTC178158. Its GSTIN is 27AADCG0576B1ZY (Maharashtra). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.42 Cr. It was formerly known as Gdn Rubbers Private Limited. It is led by directors including Ghansham Tolaram Dembla (Managing Director) and Niraj Ishwar Thakkar.
Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 201 A Poonam Chambers Dr. A.B.Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2025, the company reported a revenue of ₹135.46 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹4.65 Cr (net margin 3.4%) and EBITDA of ₹9.31 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
The company has about 178 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹88.54 Lakh and satisfied charges of ₹64.05 Cr on record. Court records list 44 cases involving the company, including 24 filed by the company and 20 filed against it; 12 cases are pending. The company has 8 deals on record (8 secondary share transfers); the latest was in March 2025. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 217 overdue payments to 20 micro and small suppliers.
Precision Rubber Industries Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0001521). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website precitex.com.
Company details
Recognitions & Rankings of Precision Rubber Industries
Contact details
Precision Rubber Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is precitex.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address201 A Poonam Chambers Dr. A.B.Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Precision Rubber Industries 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 activities of Precision Rubber Industries are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Precision Rubber Industries Private Limited, buy the company report.
Financials of Precision Rubber Industries Private Limited
FY 2025 filings availablePrecision Rubber Industries Private Limited reported revenue of ₹135.46 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 17% growth in the latest year. EBITDA rose 48% 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 |
|---|---|---|---|---|---|
| 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 | ₹9.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.65 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 3.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Precision Rubber Industries Private Limited, buy the company report.
Board of directors of Precision Rubber Industries Private Limited
Precision Rubber Industries has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Ishwar Thakkar Also directs: Precision Business Park LLP, Precision Yarns Private Limited | Director | 23 Jan 2008 | 18 Years 9 Months | Current |
| Diven Ghansham Dembla | Director | 27 Mar 2023 | 3 Years 6 Months | Current |
| Ghansham Tolaram Dembla Also directs: Precision Business Park LLP, Precision Yarns Private Limited | Managing Director | 23 Jan 2008 | 18 Years 9 Months | Current |
| Bhenoy Ghansham Dembla | Director | 01 Jun 2021 | 5 Years 4 Months | Current |
| Rovina Ghansham Dembla | Director | 07 Jan 2009 | 17 Years 9 Months | Current |
Auditor
Precision Rubber Industries Private Limited is audited by K A Pandya & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K A Pandya & Co | FY 2023 | 107323W |
Shareholding
The shareholding of Precision Rubber Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Precision Rubber Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2022 | 100712452 | Hdfc Bank Limited | ₹12.28 Lakh | Open | |
| 31 Jul 2021 | 100487034 | Hdfc Bank Limited | ₹12.18 Lakh | Open | |
| 02 Dec 2020 | 100423748 | Hdfc Bank Limited | ₹14.48 Lakh | Open | |
| 26 Nov 2020 | 100413422 | Hdfc Bank Limited | ₹49.6 Lakh | Open | |
| 21 Jun 2017 | 100127574 | Hdfc Bank Limited | ₹22.99 Cr | Satisfied |
To see the full charge records of Precision Rubber Industries Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Precision Rubber Industries Private Limited has 8 deals on record (8 secondary share transfers); the latest was in March 2025.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Niraj I Thakkar Huf, 3 individuals Seller: an individual |
To see the full deal history of Precision Rubber Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Precision Rubber Industries Private Limited has 44 court cases on record: 24 filed by Precision Rubber Industries, 20 filed against it. 12 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 4 | 0 |
| District courts | 10 | 4 | 2 |
| NCLAT | 10 | 10 | 10 |
| NCLT | 2 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (RCS A) | Filed by the company against HDFC Bank Ltd Cin-165920Mh1994plc08080618 and 17 others | Pending |
| Bombay High Court | Company petition | Filed by the company against Precitex Industries P.Ltd Precitex Rubber Ind.P.L. and Precistex Rubber Ind. P.Ltd. and 1 other | Disposed |
| Bombay High Court | Court case (RP) | Filed by the company against Inarco Ltd. and Nandkumar S. Durve and Ors | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by individuals | Pending |
To see the full case history of Precision Rubber Industries Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Precision Rubber Industries Private Limited was last rated by Crisil on 17 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Jul 2020 |
To see the full credit ratings and regulatory alerts of Precision Rubber Industries Private Limited, buy the company report.
MSME payment delays
Precision Rubber Industries Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 217 overdue payments to 20 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 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| D Polymers | |||
| R G Technologies | |||
| Gangamani Industries | |||
| I R Tubes Pvt Ltd | |||
| SRM Technologies |
To see the full MSME payment records of Precision Rubber Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Precision Rubber Industries Private Limited has a workforce of 178 employees on its EPFO records as of Mar 23, 2024, across 2 active EPFO establishments.
GST
Precision Rubber Industries has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCG0576B1ZY | Maharashtra | Active | 01 Jul 2017 |
| 27AADCG0576B2ZX | Maharashtra | Active | 30 Jan 2019 |
| 23AADCG0576B1Z6 | Madhya Pradesh | Active | 01 Jul 2017 |
| 24AADCG0576B1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Precision Rubber Industries Private Limited, buy the company report.
Recent activity
Precision Rubber Industries Private Limited has 9 board changes on record since 2008: 5 appointments and 4 cessations. The latest: Diven Ghansham Dembla was appointed as Director on 27 Mar 2023.
13 earlier events are in the company report.
Frequently asked questions
Precision Rubber Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 23 January 2008 (18+ years old) and is registered under CIN U25190MH2008PTC178158.
Precision Rubber Industries has 5 current directors:
- Ghansham Tolaram Dembla - Managing Director
- Niraj Ishwar Thakkar - Director
- Diven Ghansham Dembla - Director
- Bhenoy Ghansham Dembla - Director
- Rovina Ghansham Dembla - Director
The latest financial statements of Precision Rubber Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 07 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Precision Rubber Industries is 27AADCG0576B1ZY, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 27AADCG0576B2ZX (Maharashtra), 23AADCG0576B1Z6 (Madhya Pradesh), 24AADCG0576B1Z4 (Gujarat).
The CIN (Corporate Identification Number) of Precision Rubber Industries is U25190MH2008PTC178158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precision Rubber Industries has 44 court cases on record: 24 filed by the company and 20 filed against it. 12 are pending. Most are in the high courts.
Precision Rubber Industries was incorporated on 23 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Precision Rubber Industries has 8 deals on record (8 secondary share transfers); the latest was in March 2025.
Diven Ghansham Dembla was appointed as Director on 27 Mar 2023. Bhenoy Ghansham Dembla ceased to be Additional Director on 30 Nov 2021. Bhenoy Ghansham Dembla was appointed as Director on 01 Jun 2021. Precision Rubber Industries has 9 board changes on record in total.
Yes, Precision Rubber Industries is registered as an MSME under Udyam registration (number: UDYAM-GJ-25-0001521).
Precision Rubber Industries has 12 MSME Form 1 returns on record between 2019 and 2023, listing 217 overdue payments to 20 micro and small suppliers. The latest return was filed on 27 Feb 2024.