- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0113523

About Precision System Equipments Private Limited
Data last updated:
Precision System Equipments Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the oil and gas infrastructure services segment of the energy and power sector. It was incorporated on 18 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29253MH2013PTC249389. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhu Pravin Bhansali and Praveenkumar Ghevarchand Bhansali.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 00 Floor – Grd Plot – G/3 Coal Depot H – 1 Hutments Fosbery Road Sewree, Mumbai, Maharashtra, India – 400015.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.75 Lakh (net margin 2.3%) and EBITDA of ₹8.45 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 218% over five years.
Precision System Equipments Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0113523). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website precisionsystemepl.com.
Company details
Recognitions & Rankings of Precision System Equipments
Contact details
Precision System Equipments Private Limited's registered office is in Mumbai, Maharashtra. Its website is precisionsystemepl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address00 Floor – Grd Plot – G/3 Coal Depot H – 1 Hutments Fosbery Road Sewree, Mumbai, Maharashtra, India – 400015
- IndustryEnergy and Power, Oil & Gas Infrastructure Services
To see the full contact details of Precision System Equipments 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 System Equipments is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Precision System Equipments Private Limited, buy the company report.
Financials of Precision System Equipments Private Limited
FY 2021 filings availablePrecision System Equipments Private Limited reported revenue of ₹2.49 Cr (up 12017% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 218% over five years. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.49 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹8.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.75 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Precision System Equipments Private Limited, buy the company report.
Board of directors of Precision System Equipments Private Limited
Precision System Equipments has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhu Pravin Bhansali | Director | 18 Oct 2013 | 13 Years 0 Months | Current |
| Praveenkumar Ghevarchand Bhansali Also directs: Praveen Petroleum Services Private Limited | Director | 18 Oct 2013 | 13 Years 0 Months | Current |
Peer comparison
Precision System Equipments Private Limited is compared with the 4 companies closest to it by revenue in the Oil and Gas industry (Infrastructure Services), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vardan Associates Private Limited | ₹3.86 Cr (FY 2025) | -88.0% | Meerut, Uttar Pradesh, India | |||
| Futuristic Gas Systems Private Limited | ₹3.62 Cr (FY 2019) | -5.0% | Mumbai, Maharashtra, India | |||
| Precision System Equipments Private Limitedthis company | ₹2.49 Cr (FY 2021) | ₹5.75 Lakh | 2.3% | 12017.0% | Mumbai, Maharashtra, India | |
| Alok Em Projects Private Limited | ₹2.18 Cr (FY 2025) | -2.0% | Sonipat, Haryana, India | |||
| Sunway Infrastructure Services Limited | ₹1.87 Cr (FY 2025) | 31.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Precision System Equipments Private Limited, buy the company report.
Auditor
Precision System Equipments Private Limited is audited by G M Y & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G M Y & ASSOCIATES | FY 2021 | 138505W |
Shareholding
The shareholding of Precision System Equipments Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Precision System Equipments Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Precision System Equipments Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Precision System Equipments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Precision System Equipments has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Precision System Equipments Private Limited, buy the company report.
Recent activity
Precision System Equipments Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Madhu Pravin Bhansali was appointed as Director on 18 Oct 2013.
Frequently asked questions
Precision System Equipments is an active private limited company based in Mumbai, Maharashtra, India. The company works in oil and gas infrastructure services, within the energy and power industry. It was incorporated on 18 October 2013 (13+ years old) and is registered under CIN U29253MH2013PTC249389.
Precision System Equipments has 2 current directors:
- Madhu Pravin Bhansali - Director
- Praveenkumar Ghevarchand Bhansali - Director
The latest financial statements of Precision System Equipments on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Precision System Equipments has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Precision System Equipments is U29253MH2013PTC249389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precision System Equipments was incorporated on 18 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Precision System Equipments by revenue are Vardan Associates Private Limited, Futuristic Gas Systems Private Limited, Alok Em Projects Private Limited, Sunway Infrastructure Services Limited, all in the Oil and Gas industry (Infrastructure Services), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities).
Madhu Pravin Bhansali was appointed as Director on 18 Oct 2013. Praveenkumar Ghevarchand Bhansali was appointed as Director on 18 Oct 2013.
Yes, Precision System Equipments is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0113523).
Precision System Equipments can be reached through the website precisionsystemepl.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Precision System Equipments is at 00 Floor – Grd Plot – G3 Coal Depot H – 1 Hutments Fosbery Road Sewree, Mumbai, Maharashtra, India – 400015.

