About Premier Wire Products Limited
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Premier Wire Products Limited is a public limited company based in Secunderabad, Telangana, India, a subsidiary of Premier Explosives Limited. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 06 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74990TG2007PLC055427. Its GSTIN is 36AAECP6522B1ZR (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹6.5 Cr. It was formerly known as Premier Wire Products Private Limited and Premier Bulk Emulsion Explosives Private Limited. It is led by directors including Durga Prasad Rao Yachamaneni and Tripuraneni Venkaiah Chowdary.
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 Premierhouse 11 Ishaqcolony (Nearaoccentre), Secunderabad, Telangana, India – 500015.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.19 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹18.98 Lakh (net margin 65%) and EBITDA of ₹26.53 Lakh (EBITDA margin 90.9%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 47% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Premier Explosives. As per MCA filings, the company has satisfied charges of ₹1.25 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in June 2016. Its 5 peer companies in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Ratansiri Communications Private Limited with revenue of ₹30.35 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pelgel.com.
Company details
Name history
Premier Wire Products has undergone 2 name changes throughout its history. The company was previously known as Premier Wire Products Private Limited, and Premier Bulk Emulsion Explosives Private Limited. The current legal name is Premier Wire Products Limited.
| Company Name | Status |
|---|---|
| Premier Wire Products Limited | Current |
| Premier Wire Products Private Limited | Previous |
| Premier Bulk Emulsion Explosives Private Limited | Previous |
CIN history
Premier Wire Products has one previous CIN (Corporate Identification Number): U74990AP2007PLC055427. The current CIN is U74990TG2007PLC055427, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74990TG2007PLC055427 | Current |
| U74990AP2007PLC055427 | Previous |
Contact details
Premier Wire Products Limited's registered office is in Secunderabad, Telangana. Its website is pelgel.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPremierhouse 11 Ishaqcolony (Nearaoccentre), Secunderabad, Telangana, India – 500015
- IndustryManufacturing, Cable & Wire
To see the full contact details of Premier Wire Products Limited, 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
Brands
Premier Wire Products operates one associated brand: Premier Explosives. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solid propellants are manufactured by Premier Explosives in India. | pelgel.com |
Financials of Premier Wire Products Limited
FY 2024 filings availablePremier Wire Products Limited reported revenue of ₹29.19 Lakh (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 27% fall in the latest year. EBITDA fell 30% 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 |
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| EBITDA | ₹26.53 Lakh | ||||
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| Net Profit (PAT) | ₹18.98 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.9% | ||||
| Net Profit Margin | 65% | ||||
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To see the full financial statements and ratios of Premier Wire Products Limited, buy the company report.
Board of directors of Premier Wire Products Limited
Premier Wire Products has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durga Prasad Rao Yachamaneni Also directs: Premier Explosives Limited | Director | 02 Mar 2018 | 8 Years 8 Months | Current |
| Tripuraneni Venkaiah Chowdary Also directs: Premier Explosives Limited, Octane Chemicals Private Limited, Pelnext Defence Systems Private Limited and 1 more | Director | 06 Sep 2007 | 19 Years 1 Months | Current |
| Kailash Gupta Also directs: Premier Explosives Limited | Director | 01 Mar 2010 | 16 Years 8 Months | Current |
Peer comparison
Premier Wire Products Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ratansiri Communications Private Limited | ₹30.35 Lakh (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Sohna Forge Private Limited | ₹30.14 Lakh (FY 2025) | -8.0% | New Delhi, Delhi, India | |||
| Premier Wire Products Limitedthis company | ₹29.19 Lakh (FY 2025) | ₹18.98 Lakh | 65% | -27.0% | Secunderabad, Telangana, India | |
| Tensile Wires (India) Private Limited | ₹29.16 Lakh (FY 2025) | -2.0% | Nagpur, Maharashtra, India | |||
| Sree Lakshmiram Wires Private Limited | ₹28.47 Lakh (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Sufon Hydraulic Private Limited | ₹28.28 Lakh (FY 2024) | -12.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Premier Wire Products Limited, buy the company report.
Auditor
Premier Wire Products Limited is audited by P V R K NAGESWARA RAO & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P V R K NAGESWARA RAO & CO | FY 2020 | 002283S |
Shareholding
The shareholding of Premier Wire Products Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Premier Wire Products Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2008 | 10130245 | State Bank of India | ₹1.25 Cr | Satisfied |
To see the full charge records of Premier Wire Products Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Premier Wire Products Limited has 1 deal on record (1 acquisition); the latest was in June 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2016 | Acquisition | ₹4.88 Cr | Buyer: Premier Explosives Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Premier Wire Products Limited 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 Premier Wire Products Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Premier Wire Products has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECP6522B1ZR | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Premier Wire Products Limited, buy the company report.
Recent activity
Premier Wire Products Limited has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Rajesh Agarwal ceased to be Additional Director on 31 Oct 2020.
5 earlier events are in the company report.
News
Frequently asked questions
Premier Wire Products is an active public limited company based in Secunderabad, Telangana, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 06 September 2007 (19+ years old) and is registered under CIN U74990TG2007PLC055427.
Premier Wire Products has 3 current directors:
- Durga Prasad Rao Yachamaneni - Director
- Tripuraneni Venkaiah Chowdary - Director
- Kailash Gupta - Director
The latest financial statements of Premier Wire Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Premier Wire Products is 36AAECP6522B1ZR, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Premier Wire Products is U74990TG2007PLC055427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Premier Wire Products was incorporated on 06 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
Premier Wire Products has 1 deal on record (1 acquisition); the latest was in June 2016.
The peers of Premier Wire Products by revenue are Ratansiri Communications Private Limited, Sohna Forge Private Limited, Tensile Wires (India) Private Limited, Sree Lakshmiram Wires Private Limited, Sufon Hydraulic Private Limited, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products).
Rajesh Agarwal ceased to be Additional Director on 31 Oct 2020. Durga Prasad Rao Yachamaneni ceased to be Additional Director on 24 Sep 2018. Durga Prasad Rao Yachamaneni was appointed as Director on 02 Mar 2018. Premier Wire Products has 11 board changes on record in total.
Premier Wire Products can be reached through the website pelgel.com. Its registered office is in Secunderabad, Telangana, India.
The registered office of Premier Wire Products is at Premierhouse 11 Ishaqcolony Nearaoccentre, Secunderabad, Telangana, India – 500015.
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