About Pressels Pvt Ltd
Data last updated:
Pressels Pvt Ltd is a private limited company based in Cuttack, Odisha, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 19 September 1967 and has been in existence for over 59 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51909OR1967PTC000505. Its GSTIN is 21AABCP0620K1ZZ (Odisha).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48.42 Lakh. It is led by directors Sukant Kumar Mullick and Shreepragnya Swain.
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 Madhupatna, Cuttack, Odisha, India – 753010.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.06 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹21 Lakh (net margin 3.5%) and EBITDA of ₹36.92 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 87% 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 ₹1.65 Cr and satisfied charges of ₹20.68 Cr on record. Court records list 25 cases involving the company, including 20 filed by the company and 5 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website presselsboiler.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressMadhupatna, Cuttack, Odisha, India – 753010
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Pressels Pvt Ltd
The main business activity of Pressels is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | 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 Pressels Pvt Ltd FY 2025 filings available
Pressels Pvt Ltd reported revenue of ₹6.06 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Pressels Pvt Ltd
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 87%. EBITDA rose 73% 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 Pressels Pvt Ltd
| 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 | ₹36.92 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21 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 Pressels Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| 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 Pressels 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 Pressels Pvt Ltd
Pressels Pvt Ltd is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sealwell Systems Private Limited | ₹6.07 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Thane, Maharashtra, India |
| Drilltech Marine and Industrial Services Private Limited | ₹6.06 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mathura, Uttar Pradesh, India |
| Coolova Cold Chain Private Limited | ₹6.06 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ninad Agro Plast Private Limited | ₹6.06 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Nanded, Maharashtra, India |
| Unique Dosing Systems Private Limited | ₹6.06 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Nashik, Maharashtra, India |
| Pressels Pvt Ltd this company | ₹6.06 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Cuttack, Odisha, India |
| Bhagyashri Accessories Private Limited | ₹6.05 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Pune, Maharashtra, India |
| Aksa Convertex Sterilants Private Limited | ₹6.05 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| Royal Ribbons & Shells Private Limited | ₹6.05 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Chennai, Tamil Nadu, India |
| Garg Gas Appliances Private Limited | ₹6.05 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Delhi, India |
| Spak Metal Crafts Private Limited | ₹6.05 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Pressels by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Pressels Pvt Ltd
Pressels Pvt Ltd is audited by BATRA SWAIN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BATRA SWAIN & 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 Pressels Pvt Ltd
Pressels 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 |
|---|---|---|---|---|
| Sukant Kumar Mullick Also directs: Cifoods Ltd | Director | 25 Dec 1989 | 36 Years 9 Months | Current |
| Shreepragnya Swain Also directs: Cifoods Ltd | Director | 20 Apr 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of Pressels Pvt Ltd
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 Pressels Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2023 | Others | ₹1.65 Cr | Open |
| 26 Aug 2002 | State Bank of India | ₹8.21 Cr | Satisfied |
| 24 Aug 2002 | Statebank of India | ₹15 Lakh | Satisfied |
| 28 Dec 1997 | Statebank of India | ₹4.12 Cr | Satisfied |
| 23 Oct 1997 | Statebank of India | ₹1.02 Cr | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Pressels Pvt Ltd
Pressels Pvt Ltd has 25 court cases on record: 20 filed by Pressels, 5 filed against it. 3 cases are pending and 22 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 1 | 0 |
| District courts | 9 | 4 | 3 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ganjam, Odisha | Arbitration matter | Filed by the company against Irel (India) Limited | Pending |
| District court, Ganjam, Odisha | Execution petition | Filed by the company against Irel (India) Limited | Pending |
| High Court of Orissa | Writ petition | Filed by the company against Irel (India) Limited | Disposed |
| District court, Ganjam, Odisha | Arbitration matter | Filed by the company against Irel (India) Limited | Disposed |
| District court, Ganjam, Odisha | Execution petition | Filed by the company against Irel (India) Limited | Disposed |
Full case history
All 25 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 Pressels Pvt Ltd
Pressels Pvt Ltd has a workforce of 15 employees as of Apr 05, 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 Pressels Pvt Ltd
Pressels Pvt Ltd has 3 board changes on record since 1989: 2 appointments and 1 cessation. The latest: Shreepragnya Swain was appointed as Director on 20 Apr 2023.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pressels Pvt Ltd
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 Pressels Pvt Ltd
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 Pressels Pvt Ltd
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 Pressels Pvt Ltd
Pressels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCP0620K1ZZ | Odisha | 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 Pressels Pvt Ltd
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 Pressels Pvt Ltd
Pressels is an active private limited company based in Cuttack, Odisha, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 19 September 1967 (59+ years old) and is registered under CIN U51909OR1967PTC000505.
Pressels reported revenue of ₹6.06 Cr for FY 2025 (down 30% YoY).
Pressels has 2 current directors:
- Sukant Kumar Mullick - Director
- Shreepragnya Swain - Director
Pressels reported a net profit of ₹21 Lakh (net margin 3.5%) and EBITDA of ₹36.92 Lakh (EBITDA margin 6.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pressels is 56% over three years and 87% over five years. In the latest year (FY 2025) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pressels is 21AABCP0620K1ZZ, registered in Odisha.
The CIN (Corporate Identification Number) of Pressels is U51909OR1967PTC000505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pressels has 25 court cases on record: 20 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.
Pressels was incorporated on 19 September 1967, making it 59+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Pressels by revenue are Sealwell Systems Private Limited, Drilltech Marine and Industrial Services Private Limited, Coolova Cold Chain Private Limited, Ninad Agro Plast Private Limited, Unique Dosing Systems Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Shreepragnya Swain was appointed as Director on 20 Apr 2023. Subimal Chandra Mullick ceased to be Director on 25 Jan 2023. Sukant Kumar Mullick was appointed as Director on 25 Dec 1989.