Presstech Steels Private Limited
About Presstech Steels Private Limited
Data last updated:
Presstech Steels Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 02 June 1993.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U50300PN1993PTC072244. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹26 Lakh.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at T 97/2 General Blockmidc Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2017, the company reported a revenue of ₹35.74 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹15.22 Lakh (net margin 42.6%) and EBITDA of ₹18.89 Lakh (EBITDA margin 52.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
As per MCA filings, the company has satisfied charges of ₹2.03 Cr on record.
Company details
CIN history
Presstech Steels has one previous CIN (Corporate Identification Number): U50300MH1993PTC072244. The current CIN is U50300PN1993PTC072244, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50300PN1993PTC072244 | Current |
| U50300MH1993PTC072244 | Previous |
Contact details
Presstech Steels Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressT 97/2 General Blockmidc Bhosari, Pune, Maharashtra, India – 411026
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Presstech Steels Private 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
Business activity
The main business activity of Presstech Steels is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
Financials of Presstech Steels Private Limited
FY 2017 filings availablePresstech Steels Private Limited reported revenue of ₹35.74 Lakh (up 12% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over three years, including 12% growth in the latest year. EBITDA rose 7% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹35.74 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹18.89 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹15.22 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 52.8% | ||
| Net Profit Margin | 42.6% | ||
| 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 | |||
To see the full financial statements and ratios of Presstech Steels Private Limited, buy the company report.
Board of directors of Presstech Steels Private Limited
Presstech Steels has 3 former directors on record and no current directors listed.
Auditor
Presstech Steels Private Limited is audited by V.S.POTDAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.S.POTDAR & CO | FY 2017 | 107984W |
Shareholding
The shareholding of Presstech Steels Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Presstech Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 May 2011 | 10334428 | Idbi Bank Limited | ₹2 Cr | Satisfied | |
| 01 Aug 1994 | 90089998 | The Saraswat Co-Op Bank Ltd. | ₹25,000 | Satisfied | |
| 13 Dec 1993 | 90089907 | The Saraswat Co-Op Bank Ltd. | ₹3 Lakh | Satisfied |
To see the full charge records of Presstech Steels Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Presstech Steels Private 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 Presstech Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Presstech Steels has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Presstech Steels Private Limited, buy the company report.
Recent activity
Presstech Steels Private Limited has 3 board changes on record since 2017: 0 appointments and 3 cessations. The latest: Bharat Hassomal Asudani ceased to be Director on 11 Mar 2018.
1 earlier event is in the company report.
Frequently asked questions
Presstech Steels has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Presstech Steels was a private limited company based in Pune, Maharashtra, India. The company worked in industrial tools and components, within the machinery and equipment industry. It was incorporated on 02 June 1993 and is registered under CIN U50300PN1993PTC072244. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Presstech Steels is U50300PN1993PTC072244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Presstech Steels was incorporated on 02 June 1993. It is registered with the Registrar of Companies, Mumbai.
The registered office of Presstech Steels is at T 972 General Blockmidc Bhosari, Pune, Maharashtra, India – 411026.
The latest financial statements of Presstech Steels on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Presstech Steels has 4 GST registrations on record and all of them are cancelled or inactive.
Presstech Steels operated in the machinery and equipment industry, in the industrial tools and components segment.
Bharat Hassomal Asudani ceased to be Director on 11 Mar 2018. Shlok Bharat Assudani ceased to be Director on 11 Mar 2018. Chandita Bharat Assudani ceased to be Director on 30 Jun 2017.
Presstech Steels has no open charges and satisfied charges of ₹2.03 Cr as per latest MCA filings.
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