Premier Steel Components Private Limited

Premier Steel Components Private Limited - automotive in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74999TN2015PTC102737 Incorporated 28 October 2015 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company automotive MSME · Small
Data last updated
Revenue · FY 2024
₹16.88 Cr
▲ 74% YoY
Net profit · FY 2024
₹54.65 Lakh
Net margin 3.2%
EBITDA · FY 2024
₹99 Lakh
EBITDA margin 5.9%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹5.77 Cr
Satisfied ₹1.36 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
15
Provident fund records

About Premier Steel Components Private Limited

Data last updated:

Premier Steel Components Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 28 October 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2015PTC102737. Its GSTIN is 33AAICP3285H1ZB (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Venugopal Karthik (Managing Director) and Venugopal Govindarajulu.

Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 8 Chellammal Street Shenoy Nagar, Chennai, Tamil Nadu, India – 600030.

As per the financials filed for FY 2024, the company reported a revenue of ₹16.88 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹54.65 Lakh (net margin 3.2%) and EBITDA of ₹99 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 32% over five years.

The company has about 15 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹5.77 Cr and satisfied charges of ₹1.36 Cr on record.

Premier Steel Components Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0031538). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website premiersteels.in.

Company details

CIN U74999TN2015PTC102737
Registration Number 102737
Incorporation Date 28 October 2015
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0031538

Recognitions & Rankings of Premier Steel Components

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0031538

Contact details

Premier Steel Components Private Limited's registered office is in Chennai, Tamil Nadu. Its website is premiersteels.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No 8 Chellammal Street Shenoy Nagar, Chennai, Tamil Nadu, India – 600030
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Premier Steel Components Private Limited, buy the company report.

Comprehensive company report
Premier Steel Components 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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Business activity

The main business activity of Premier Steel Components is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Premier Steel Components Private Limited, buy the company report.

Financials of Premier Steel Components Private Limited

FY 2024 filings available

Premier Steel Components Private Limited reported revenue of ₹16.88 Cr (up 74% YoY) for FY 2024.

Revenue · FY 2024
₹16.88 Cr ▲ 74%
Net profit · FY 2024
₹54.65 Lakh margin 3.2%
EBITDA · FY 2024
₹99 Lakh margin 5.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 55%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 30%
5 years · compounded
▲ 91%

Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 74% growth in the latest year. EBITDA rose 62% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹99 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹54.65 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.9%
Net Profit Margin3.2%
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 Premier Steel Components Private Limited, buy the company report.

Board of directors of Premier Steel Components Private Limited

Premier Steel Components has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Venugopal GovindarajuluDirector28 Oct 201511 Years 0 MonthsCurrent
Venugopal NaliniDirector28 Oct 201511 Years 0 MonthsCurrent
Venugopal KarthikManaging Director28 Oct 201511 Years 0 MonthsCurrent

Auditor

Premier Steel Components Private Limited is audited by N GANESAN ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
N GANESAN ASSOCIATESFY 2023023700

Shareholding

The shareholding of Premier Steel Components 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Premier Steel Components Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.77 Cr
Satisfied charges
₹1.36 Cr
Breakdown by lending institutions
Others₹3.17 Cr
Sidbi₹2.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Jun 2024100935970Sidbi₹2.6 CrOpen
07 Jan 2022100531142Others₹3.17 CrOpen
09 Oct 2017100128817Others₹64 LakhSatisfied
11 Jan 2017100078477Others₹15.9 LakhSatisfied
07 Apr 2016100057398Others₹56.2 LakhSatisfied

To see the full charge records of Premier Steel Components Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Premier Steel Components Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Premier Steel Components Private Limited has a workforce of 15 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
15
Active EPFO establishments
1
Employee growth
-6.25%

GST

Premier Steel Components has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAICP3285H1ZBTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Premier Steel Components Private Limited, buy the company report.

Recent activity

Premier Steel Components Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Venugopal Govindarajulu was appointed as Director on 28 Oct 2015.

AGM
Premier Steel Components Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
Charges
A charge with Sidbi amounted to Rs. 260.00 Lakh with Charge ID 100935970 was registered on 04 Jun 2024.
Filing
Premier Steel Components Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 317.00 Lakh with Charge ID 100531142 was registered on 07 Jan 2022.
Charges
A charge registered on 09 Oct 2017 via Charge ID 100128817 with Others was fully satisfied on 26 Aug 2021.
Charges
A charge registered on 11 Jan 2017 via Charge ID 100078477 with Others was fully satisfied on 26 Aug 2021.
Charges
A charge registered on 07 Apr 2016 via Charge ID 100057398 with Others was fully satisfied on 26 Aug 2021.
Charges
A charge with Others amounted to Rs. 64.00 Lakh with Charge ID 100128817 was registered on 09 Oct 2017.
Charges
A charge with Others amounted to Rs. 15.90 Lakh with Charge ID 100078477 was registered on 11 Jan 2017.
Charges
A charge with Others amounted to Rs. 56.20 Lakh with Charge ID 100057398 was registered on 07 Apr 2016.
Appointed
Venugopal Govindarajulu was appointed as Director.
Appointed
Venugopal Karthik was appointed as Managing Director.

2 earlier events are in the company report.

Frequently asked questions

Premier Steel Components is an active private limited company based in Chennai, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 28 October 2015 (11+ years old) and is registered under CIN U74999TN2015PTC102737.

Premier Steel Components has 3 current directors:

The latest financial statements of Premier Steel Components on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Premier Steel Components is 33AAICP3285H1ZB, registered in Tamil Nadu. 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 Premier Steel Components is U74999TN2015PTC102737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Premier Steel Components was incorporated on 28 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.

Venugopal Govindarajulu was appointed as Director on 28 Oct 2015. Venugopal Karthik was appointed as Managing Director on 28 Oct 2015. Venugopal Nalini was appointed as Director on 28 Oct 2015.

Yes, Premier Steel Components is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0031538).

Premier Steel Components can be reached through the website premiersteels.in. Its registered office is in Chennai, Tamil Nadu, India.

The registered office of Premier Steel Components is at No 8 Chellammal Street Shenoy Nagar, Chennai, Tamil Nadu, India – 600030.