MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-03-0028809
Premier Evolvics Private Limited - machinery and equipment in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹169.61 Cr
▼ 3% YoY
Net profit · FY 2024
₹41.02 Cr
Net margin 24.2%
EBITDA · FY 2024
₹54.06 Cr
EBITDA margin 31.9%
Authorised capital
₹3.41 Cr
Registered with MCA
Paid-up capital
₹2.52 Cr
Issued & subscribed
Satisfied charges
₹17 Cr
No open charges
Company age
45 yrs
Est. 1981
Employees · EPFO
363
Provident fund records
About Premier Evolvics Private Limited
Data last updated:
Premier Evolvics Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 16 September 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U02520TZ1981PTC001107. Its GSTIN is 33AABCP3031A1ZC (Tamil Nadu).
The company has an authorised share capital of ₹3.41 Cr and a paid-up capital of ₹2.52 Cr. It was formerly known as Premier Textile Instruments Limited. It is led by directors including Ramachandran Jagadish Chandran (Managing Director) and Kavitha Chandran (Managing Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rrlandmarkno.1E – 1 Navaindiaroad, Coimbatore, Tamil Nadu, India – 641028.
As per the financials filed for FY 2024, the company reported a revenue of ₹169.61 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹41.02 Cr (net margin 24.2%) and EBITDA of ₹54.06 Cr (EBITDA margin 31.9%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 7% over five years.
The company has about 363 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: PREMIER Q Vision. As per MCA filings, the company has satisfied charges of ₹17 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.24 Cr; the latest was in November 2022.
Premier Evolvics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0028809). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website premierevolvics.com.
Company details
CIN U02520TZ1981PTC001107
Registration Number 001107
Incorporation Date 16 September 1981
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-03-0028809
Key People
Ramachandran Jagadish Chandran Managing Director Kavitha Chandran Managing Director Armaan Varadaraj Director Recognitions & Rankings of Premier Evolvics
Contact details
Premier Evolvics Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is premierevolvics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRrlandmarkno.1E – 1 Navaindiaroad, Coimbatore, Tamil Nadu, India – 641028
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
To see the full contact details of Premier Evolvics Private Limited, buy the company report.
Comprehensive company report
Premier Evolvics Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Premier Evolvics operates one associated brand: PREMIER Q Vision. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Inspection and monitoring solutions are provided for various industries using AI and IoT technologies. | evolvics.com |
Business activity
The main business activity of Premier Evolvics is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Premier Evolvics Private Limited, buy the company report.
Financials of Premier Evolvics Private Limited
FY 2025 filings availablePremier Evolvics Private Limited reported revenue of ₹169.61 Cr (down 3% YoY) for FY 2024.
Revenue · FY 2024
₹169.61 Cr ▼ 3%
Net profit · FY 2024
₹41.02 Cr margin 24.2%
EBITDA · FY 2024
₹54.06 Cr margin 31.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 32%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 52%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 12% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹54.06 Cr | ||||
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| Net Profit (PAT) | ₹41.02 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 31.9% | ||||
| Net Profit Margin | 24.2% | ||||
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To see the full financial statements and ratios of Premier Evolvics Private Limited, buy the company report.
Board of directors of Premier Evolvics Private Limited
Premier Evolvics has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandran Jagadish Chandran Also directs: Jagadish Chandran Properties LLP, Coimbatore Twisters LLP, PPL Holdings Private Limited and 5 more | Managing Director | 11 Mar 1983 | 43 Years 7 Months | Current |
| Kavitha Chandran Also directs: Coimbatore Twisters LLP, Whitmore Techpark LLP, Pfyl Holdings Private Limited and 5 more | Managing Director | 12 Aug 2006 | 20 Years 2 Months | Current |
| Armaan Varadaraj | Director | 01 Jan 2022 | 4 Years 9 Months | Current |
| Diya Varadaraj | Director | 01 Jan 2022 | 4 Years 9 Months | Current |
| Sabitha Chandran Also directs: Jagadish Chandran Properties LLP, Coimbatore Twisters LLP, Whitmore Techpark LLP and 5 more | Director | 07 Apr 2015 | 11 Years 6 Months | Current |
| Karadibhavi Varadarajan Srinivasan Also directs: Premier Mills Private Limited, Premier Fine Linens Private Limited, Esvee Consultants and Engineers Private Limited and 5 more | Director | 01 Jul 1989 | 37 Years 3 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
Premier Evolvics Private Limited is audited by M S JAGANATHAN & VISVANTHAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S JAGANATHAN & VISVANTHAN | FY 2023 | 001209S |
Shareholding
The shareholding of Premier Evolvics 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 Premier Evolvics Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹17 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2003 | 90004242 | The Bank of Nova Scotia | ₹3.8 Cr | Satisfied | |
| 27 Nov 2003 | 90004217 | Andhra Bank | ₹6.6 Cr | Satisfied | |
| 17 Oct 2003 | 90004191 | Punjab National Bank | ₹6.6 Cr | Satisfied |
To see the full charge records of Premier Evolvics Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Premier Evolvics Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.24 Cr; the latest was in November 2022.
Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹2.24 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| May 2009 | Secondary share transfer | Undisclosed | Seller: Capricorn General Finance Private Limited |
| Mar 2009 | Funding round | ₹2.23 Cr | Investors: 2 individuals |
To see the full deal history of Premier Evolvics 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
Premier Evolvics Private Limited has 6 court cases on record: 3 filed by Premier Evolvics, 3 filed against it. All cases are disposed.
Total cases
6
Filed by the company
3
Filed against the company
3
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case ((T)CMA(PT)) | Filed by the company against individuals | Disposed |
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Govindaraj Textiles Pvt Ltd | Disposed |
| District court, Coimbatore, Tamil Nadu | Court case (ID) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed by the company against M/S.Statex Engg. Pvt.Ltd. and 1 other | Disposed |
To see the full case history of Premier Evolvics 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Premier Evolvics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Premier Evolvics has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Hebbal Holdings Private Limited | U70100TZ2013PTC019287 |
To see the full group structure of Premier Evolvics Private Limited, buy the company report.
Employees & EPFO
Premier Evolvics Private Limited has a workforce of 363 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
363
Active EPFO establishments
1
Employee growth
14.51%
GST
Premier Evolvics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCP3031A1ZC | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Premier Evolvics Private Limited, buy the company report.
Recent activity
Premier Evolvics Private Limited has 17 board changes on record since 1983: 8 appointments and 9 cessations. The latest: Srinivasan ceased to be Additional Director on 29 Sep 2024.
AGM
Premier Evolvics Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Premier Evolvics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Ceased
Srinivasan ceased to be Additional Director.
Appointed
Srinivasan was appointed as Director.
Ceased
Armaan Varadaraj ceased to be Additional Director.
Ceased
Diya Varadaraj ceased to be Additional Director.
Ceased
Rohit Rajendran ceased to be Director.
Appointed
Armaan Varadaraj was appointed as Director.
Appointed
Diya Varadaraj was appointed as Director.
Charges
A charge registered on 30 Dec 2003 via Charge ID 90004242 with The Bank Of Nova Scotia was fully satisfied on 04 Feb 2019.
Charges
A charge registered on 27 Nov 2003 via Charge ID 90004217 with Andhra Bank was fully satisfied on 01 Feb 2019.
Charges
A charge registered on 17 Oct 2003 via Charge ID 90004191 with Punjab National Bank was fully satisfied on 01 Feb 2019.
17 earlier events are in the company report.
Frequently asked questions
Premier Evolvics is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 16 September 1981 (45+ years old) and is registered under CIN U02520TZ1981PTC001107.
Premier Evolvics has 8 current directors:
- Ramachandran Jagadish Chandran - Managing Director
- Kavitha Chandran - Managing Director
- Armaan Varadaraj - Director
- Diya Varadaraj - Director
- Sabitha Chandran - Director
- Karadibhavi Varadarajan Srinivasan - Director
- Shanthi Srinivasan - Director
- Srinivasan - Director
The latest financial statements of Premier Evolvics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Premier Evolvics is 33AABCP3031A1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Premier Evolvics is U02520TZ1981PTC001107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Premier Evolvics has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the district courts.
Premier Evolvics was incorporated on 16 September 1981, making it 45+ years old. It is registered with the Registrar of Companies, Coimbatore.
Premier Evolvics has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.24 Cr; the latest was in November 2022.
Srinivasan ceased to be Additional Director on 29 Sep 2024. Srinivasan was appointed as Director on 20 Jun 2024. Armaan Varadaraj ceased to be Additional Director on 29 Sep 2022. Premier Evolvics has 17 board changes on record in total.
Yes, Premier Evolvics is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-03-0028809).