About Preethan Equipment Services Private Limited
Data last updated:
Preethan Equipment Services Private Limited is a private limited company based in New Panvel, Maharashtra, India. It operates in the engineering sector. It was incorporated on 08 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2012PTC238631.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Sekar Gnanaiah (Managing Director) and Neenapreethilinga Sekar.
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 Flat No. 201 Riddhi Shaya Pl E 31 Sector 6, New Panvel, Maharashtra, India – 410206.
As per the financials filed for FY 2024, the company reported a revenue of ₹2 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹15.24 Lakh (net margin 7.6%) and EBITDA of ₹15.44 Lakh (EBITDA margin 7.7%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 3% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹57.5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website preethan.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No. 201 Riddhi Shaya Pl E 31 Sector 6, New Panvel, Maharashtra, India – 410206
- IndustryEngineering, Engineering, Procurement & Construction (EPC), Industrial Maintenance & Repair Services
- 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 Preethan Equipment Services Private Limited
The main business activity of Preethan Equipment Services is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| 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 |
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 Preethan Equipment Services Private Limited FY 2024 filings available
Preethan Equipment Services Private Limited reported revenue of ₹2 Cr (down 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Preethan Equipment Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 40% fall in the latest year. EBITDA fell 42% 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 Preethan Equipment Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹15.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.24 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 Preethan Equipment Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.6% | •••• | •••• | •••• | •••• |
| 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 Preethan Equipment Services 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 Preethan Equipment Services Private Limited
Preethan Equipment Services Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction, Maintenance Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samgor Grid Construction Private Limited | ₹2.01 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| Abhinav Engineering Solutions Private Limited | ₹2 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Ida Jeedimetla, Telangana, India |
| Adar Power Private Limited | ₹2 Cr (FY 2024) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India | |
| Axis Machine Works Private Limited | ₹2 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Coimbatore, Tamil Nadu, India |
| Global Post-Tensioning Solutions India Private Limited | ₹2 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Surat, Gujarat, India |
| Preethan Equipment Services Private Limited this company | ₹2 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | New Panvel, Maharashtra, India |
| Fusions Ecopro Private Limited | ₹2 Cr (FY 2024) | •••• | •••• | 1279.0% | •••• | Chennai, Tamil Nadu, India |
| Kumble Solar Energy Solutions Private Limited | ₹2 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mangalore, Karnataka, India |
| Zaya Integrated Solutions India Private Limited | ₹1.99 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Bangalore North, Karnataka, India |
| Endirt Cleaning Solutions Private Limited | ₹1.99 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Damore Consulting Private Limited | ₹1.99 Cr (FY 2019) | •••• | •••• | -20.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Preethan Equipment Services by revenue in the Engineering industry (Engineering Procurement and Construction, Maintenance Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Preethan Equipment Services Private Limited
Preethan Equipment Services Private Limited is audited by V P HARIKUMAR & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V P HARIKUMAR & CO | 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 Preethan Equipment Services Private Limited
Preethan Equipment Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sekar Gnanaiah | Managing Director | 08 Dec 2012 | 13 Years 10 Months | Current |
| Neenapreethilinga Sekar | Director | 08 Dec 2012 | 13 Years 10 Months | Current |
Ownership and Shareholding of Preethan Equipment Services 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 Preethan Equipment Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2021 | Bank of India | ₹7.5 Lakh | Open |
| 05 Oct 2019 | Bank of India | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Preethan Equipment Services Private Limited
Preethan Equipment Services Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruvallur, Tamil Nadu | Criminal case | Filed against the company by Labour Enforcement Officer (Central)-I , Government of India | Pending |
Full case history
All 1 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 Preethan Equipment Services Private Limited
Preethan Equipment Services Private Limited has a workforce of 28 employees as of Apr 01, 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 Preethan Equipment Services Private Limited
Preethan Equipment Services Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Sekar Pandian ceased to be Additional Director on 07 Jun 2017.
Credit Ratings, Litigation & Regulatory Alerts for Preethan Equipment Services 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 Preethan Equipment Services 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 Preethan Equipment Services 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 Preethan Equipment Services Private Limited
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 Preethan Equipment Services 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 Preethan Equipment Services Private Limited
Preethan Equipment Services is an active private limited company based in New Panvel, Maharashtra, India. The company works in the engineering industry. It was incorporated on 08 December 2012 (14+ years old) and is registered under CIN U51101MH2012PTC238631.
Preethan Equipment Services reported revenue of ₹2 Cr for FY 2024 (down 40% YoY).
Preethan Equipment Services has 2 current directors:
- Sekar Gnanaiah - Managing Director
- Neenapreethilinga Sekar - Director
Preethan Equipment Services reported a net profit of ₹15.24 Lakh (net margin 7.6%) and EBITDA of ₹15.44 Lakh (EBITDA margin 7.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Preethan Equipment Services is -10% over three years and -3% over five years. In the latest year (FY 2024) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Preethan Equipment Services is U51101MH2012PTC238631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Preethan Equipment Services has 1 court case on record: 1 filed against it. 1 is pending.
Preethan Equipment Services was incorporated on 08 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Preethan Equipment Services by revenue are Samgor Grid Construction Private Limited, Abhinav Engineering Solutions Private Limited, Adar Power Private Limited, Axis Machine Works Private Limited, Global Post-Tensioning Solutions India Private Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction, Maintenance Services).
Sekar Pandian ceased to be Additional Director on 07 Jun 2017. Neenapreethilinga Sekar was appointed as Director on 08 Dec 2012. Sekar Gnanaiah was appointed as Managing Director on 08 Dec 2012.
Preethan Equipment Services can be reached through the website preethan.com. Its registered office is in New Panvel, Maharashtra, India.