Precision Woollen Mills Pvt Ltd
About Precision Woollen Mills Pvt Ltd
Data last updated:
Precision Woollen Mills Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Prabodh Investment And Trading Company Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 31 January 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1985PTC035218. Its GSTIN is 27AAACP3215B1Z2 (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10.44 Lakh. It is led by directors including Rittu Nikhil Bhatia and Manjula Bhatia.
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 3/1 And 1A Pushpa Vihar Opp Colaba Post Office Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.45 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹12.16 Lakh (net margin 39.9%) and EBITDA of ₹19.53 Lakh (EBITDA margin 64.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 20% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹16.65 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Precision Woollen Mills Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3/1 And 1A Pushpa Vihar Opp Colaba Post Office Colaba, Mumbai, Maharashtra, India – 400005
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Precision Woollen Mills Pvt Ltd, 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 Woollen Mills are professional, scientific and technical and real estate. In detail, this covers other professional, scientific and technical activities and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Precision Woollen Mills Pvt Ltd, buy the company report.
Financials of Precision Woollen Mills Pvt Ltd
FY 2025 filings availablePrecision Woollen Mills Pvt Ltd reported revenue of ₹30.45 Lakh (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 18% 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 | ₹19.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.16 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 64.1% | ||||
| Net Profit Margin | 39.9% | ||||
| 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 Woollen Mills Pvt Ltd, buy the company report.
Board of directors of Precision Woollen Mills Pvt Ltd
Precision Woollen Mills has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rittu Nikhil Bhatia Also directs: Pradman Engineering Services Private Limited, Pradman Engineering Private Limited, Mystic Travels Private Limited and 1 more | Director | 09 Apr 2019 | 7 Years 6 Months | Current |
| Manjula Bhatia Also directs: Mystic Travels Private Limited, Primegage (India) P.Ltd., Pradman Trading Co Pvt Ltd and 4 more | Director | 24 Nov 2004 | 21 Years 10 Months | Current |
| Nikhil Pradip Bhatia Also directs: Pradman Engineering Services Private Limited, Pradman Engineering Private Limited, Mystic Travels Private Limited and 5 more | Director | 09 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Precision Woollen Mills Pvt Ltd is audited by Atul A. Joshi & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Atul A. Joshi & Company | FY 2022 | 125658W |
Shareholding
The shareholding of Precision Woollen Mills Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Precision Woollen Mills Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2021 | 100443870 | Others | ₹6.5 Cr | Satisfied | |
| 10 Nov 2014 | 10534329 | Axis Bank Limited | ₹5 Cr | Satisfied | |
| 28 Mar 2014 | 10487908 | Axis Bank Ltd. | ₹5 Cr | Satisfied | |
| 17 Dec 1990 | 90230643 | Andhra Bank | ₹15 Lakh | Satisfied |
To see the full charge records of Precision Woollen Mills Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Precision Woollen Mills Pvt Ltd 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 Woollen Mills Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Precision Woollen Mills has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Pradman Engineering Services Private Limited | U27100MH1993PTC075818 |
To see the full group structure of Precision Woollen Mills Pvt Ltd, buy the company report.
GST
Precision Woollen Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP3215B1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Precision Woollen Mills Pvt Ltd, buy the company report.
Recent activity
Precision Woollen Mills Pvt Ltd has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Nikhil Pradip Bhatia ceased to be Additional Director on 30 Sep 2019.
5 earlier events are in the company report.
Frequently asked questions
Precision Woollen Mills is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 31 January 1985 (41+ years old) and is registered under CIN U17120MH1985PTC035218.
Precision Woollen Mills has 3 current directors:
- Rittu Nikhil Bhatia - Director
- Manjula Bhatia - Director
- Nikhil Pradip Bhatia - Director
The latest financial statements of Precision Woollen Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Precision Woollen Mills is 27AAACP3215B1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Precision Woollen Mills is U17120MH1985PTC035218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precision Woollen Mills was incorporated on 31 January 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Nikhil Pradip Bhatia ceased to be Additional Director on 30 Sep 2019. Rittu Nikhil Bhatia ceased to be Additional Director on 30 Sep 2019. Nikhil Pradip Bhatia was appointed as Director on 09 Apr 2019. Precision Woollen Mills has 6 board changes on record in total.
The registered office of Precision Woollen Mills is at 31 And 1A Pushpa Vihar Opp Colaba Post Office Colaba, Mumbai, Maharashtra, India – 400005.
Precision Woollen Mills operates in the financial services industry, in the real estate financing segment.
Precision Woollen Mills has no open charges and satisfied charges of ₹16.65 Cr as per latest MCA filings.