About Precitec Precision Machineries Private Limited
Data last updated:
Precitec Precision Machineries Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 30 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2009PTC051667. Its GSTIN is 29AAFCP3698D1Z2 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Nikhila Sridhara Honnudike (Managing Director) and Ravindra Sridhara Honnudike.
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 No.A – 353(B) 8th Main Road 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.38 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹36.63 Lakh (net margin 2.7%) and EBITDA of ₹1.34 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 7% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.49 Cr and satisfied charges of ₹4.05 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website precitec.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.A – 353(B) 8th Main Road 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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 Precitec Precision Machineries Private Limited
The main business activity of Precitec Precision Machineries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | 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 Precitec Precision Machineries Private Limited FY 2025 filings available
Precitec Precision Machineries Private Limited reported revenue of ₹13.38 Cr (up 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Precitec Precision Machineries Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 70% growth in the latest year. 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 of Precitec Precision Machineries 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 | ₹1.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹36.63 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 Precitec Precision Machineries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 Precitec Precision Machineries 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 Precitec Precision Machineries Private Limited
Precitec Precision Machineries Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sibas Ultrasonics Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Eol Packworld Private Limited | •••• | •••• | •••• | •••• | 61 | Haridwar, Uttarakhand, India |
| Foreman Machine Tools Private Limited | •••• | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| Spice Lifestyle Products Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Univec Polytech Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Precitec Precision Machineries Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Sai Krishna Engg. & Construction Private Limited | •••• | •••• | •••• | •••• | 14 | Thane, Maharashtra, India |
| Dhruvi Textile Engineering Private Limited | •••• | •••• | •••• | •••• | - | Chorasi, Gujarat, India |
| Aakruti Process Technologies Private Limited | •••• | •••• | •••• | •••• | 30 | Savli, Gujarat, India |
| Varad Automation and Robotics Private Limited | •••• | •••• | •••• | •••• | 69 | Pune City, Maharashtra, India |
| Saet India Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Precitec Precision Machineries by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Precitec Precision Machineries Private Limited
Precitec Precision Machineries Private Limited is audited by RAO ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAO 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 Precitec Precision Machineries Private Limited
Precitec Precision Machineries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Sridhara Honnudike | Director | 30 Nov 2009 | 16 Years 10 Months | Current |
| Nikhila Sridhara Honnudike | Managing Director | 30 Nov 2009 | 16 Years 10 Months | Current |
Ownership and Shareholding of Precitec Precision Machineries 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 Precitec Precision Machineries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2018 | Canara Bank | ₹7.5 Lakh | Open |
| 18 Dec 2017 | Canara Bank | ₹5.84 Lakh | Open |
| 01 Feb 2011 | Canara Bank | ₹10.35 Cr | Open |
| 07 Jun 2010 | Canara Bank | ₹4.05 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Precitec Precision Machineries Private Limited
Precitec Precision Machineries Private Limited has 2 court cases on record: 2 filed by Precitec Precision Machineries. All cases are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Precitec Precision Machineries Private Limited
Precitec Precision Machineries Private Limited has a workforce of 41 employees as of Apr 06, 2024.
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 Precitec Precision Machineries Private Limited
Precitec Precision Machineries Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Sridhara Honnudike Krishnaswamy ceased to be Director on 31 Oct 2019.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Precitec Precision Machineries 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.
MSME Payment Delays by Precitec Precision Machineries Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Precitec Precision Machineries 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 Precitec Precision Machineries Private Limited
Precitec Precision Machineries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCP3698D1Z2 | Karnataka | 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 Precitec Precision Machineries 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 Precitec Precision Machineries Private Limited
Precitec Precision Machineries is an active private limited company based in Bangalore, Karnataka, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 30 November 2009 (17+ years old) and is registered under CIN U31909KA2009PTC051667.
Precitec Precision Machineries reported revenue of ₹13.38 Cr for FY 2025 (up 70% YoY).
Precitec Precision Machineries has 2 current directors:
- Nikhila Sridhara Honnudike - Managing Director
- Ravindra Sridhara Honnudike - Director
Precitec Precision Machineries reported a net profit of ₹36.63 Lakh (net margin 2.7%) and EBITDA of ₹1.34 Cr (EBITDA margin 10%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Precitec Precision Machineries is 22% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Precitec Precision Machineries is 29AAFCP3698D1Z2, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Precitec Precision Machineries is U31909KA2009PTC051667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precitec Precision Machineries has 2 court cases on record: 2 filed by the company.
Precitec Precision Machineries was incorporated on 30 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Precitec Precision Machineries by revenue are Sibas Ultrasonics Private Limited, Eol Packworld Private Limited, Foreman Machine Tools Private Limited, Spice Lifestyle Products Private Limited, Univec Polytech Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Sridhara Honnudike Krishnaswamy ceased to be Director on 31 Oct 2019. Sadashiv Yeshwanth Rao ceased to be Director on 30 Sep 2017. Nikhila Sridhara Honnudike ceased to be Director on 01 Apr 2011. Precitec Precision Machineries has 5 board changes on record in total.