Pressteel Projects Private Limited
About Pressteel Projects Private Limited
Data last updated:
Pressteel Projects Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 19 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2011PTC213819. Its GSTIN is 27AAFCP9206R1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Pressteel Tce Projects Private Limited. It is led by directors Cheruvilayil Daniel Achankunju and Ancy Achankunju.
Its last annual general meeting (AGM) was held on 08 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No – 02 Ground Floor Bhalchandra Apt. Plot No – 55 Sec – 44A Seawoods (W), Navi Mumbai, Maharashtra, India – 400706.
As per the financials filed for FY 2021, the company reported a revenue of ₹7.17 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹20.78 Lakh (net margin -289.9%) and EBITDA of -₹16.92 Lakh (EBITDA margin -236.1%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 52% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShop No – 02 Ground Floor Bhalchandra Apt. Plot No – 55 Sec – 44A Seawoods (W), Navi Mumbai, Maharashtra, India – 400706
- IndustryInfrastructure and Utilities, General Construction Services
- 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 Pressteel Projects Private Limited
The main business activity of Pressteel Projects is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Pressteel Projects Private Limited FY 2021 filings available
Pressteel Projects Private Limited reported revenue of ₹7.17 Lakh (down 72% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Pressteel Projects Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 72% fall in the latest year. EBITDA fell 151% 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 Pressteel Projects Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹16.92 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹20.78 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 Pressteel Projects Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -236.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -289.9% | •••• | •••• | •••• | •••• |
| 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 Pressteel Projects 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.
Board of Directors of Pressteel Projects Private Limited
Pressteel Projects has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cheruvilayil Daniel Achankunju | Director | 02 Aug 2019 | 7 Years 2 Months | Current |
| Ancy Achankunju | Director | 09 Apr 2012 | 14 Years 6 Months | Current |
Peer Comparison of Pressteel Projects Private Limited
Pressteel Projects Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pranam Developers Private Limited | ₹7.2 Lakh (FY 2025) | •••• | •••• | 3218.0% | •••• | Pune, Maharashtra, India |
| Madurai Realtors Private Limited | ₹7.2 Lakh (FY 2024) | •••• | •••• | •••• | Madurai, Tamil Nadu, India | |
| Banker and Sons Builders Pvtltd | ₹7.2 Lakh (FY 2025) | •••• | •••• | •••• | Telangana, India | |
| Fantastic Projects Private Limited | ₹7.2 Lakh (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Ucon Colonizers Private Limited | ₹7.2 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Pressteel Projects Private Limited this company | ₹7.17 Lakh (FY 2021) | •••• | •••• | -72.0% | •••• | Navi Mumbai, Maharashtra, India |
| Gunakara Infracon Private Limited | ₹7.17 Lakh (FY 2025) | •••• | •••• | 521.0% | •••• | Kolkata, West Bengal, India |
| Green Sky Services Private Limited | ₹7.17 Lakh (FY 2021) | •••• | •••• | -43.0% | •••• | Patna, Bihar, India |
| Swadhin Devcon Private Limited | ₹7.16 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Balaji Contracts & Resources Private Limited | ₹7.16 Lakh (FY 2020) | •••• | •••• | -9.0% | •••• | Cuttack, Odisha, India |
| Yengkokpam Enterprises Private Limited | ₹7.16 Lakh (FY 2022) | •••• | •••• | -93.0% | •••• | Imphal, Manipur, India |
Peers are the five companies nearest above and the five nearest below Pressteel Projects by revenue in the Infrastructure industry (Construction Services), 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 Pressteel Projects Private Limited
Pressteel Projects Private Limited is audited by INDER RAJ & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| INDER RAJ & CO | 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.
Ownership and Shareholding of Pressteel Projects Private Limited
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 Pressteel Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Aug 2015 | The Catholic Syrian Bank Ltd | ₹8 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Pressteel Projects Private Limited
Employment history and EPFO contributions of people linked to Pressteel Projects.
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 Pressteel Projects Private Limited
Pressteel Projects Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Seles Achankunju Mathew ceased to be Director on 22 Jun 2021.
Credit Ratings, Litigation & Regulatory Alerts for Pressteel Projects Private Limited
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 Pressteel Projects Private Limited
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 Pressteel Projects Private Limited
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 Pressteel Projects Private Limited
Pressteel Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP9206R1ZP | Maharashtra | 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 Pressteel Projects Private Limited
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 Pressteel Projects Private Limited
Pressteel Projects is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 19 February 2011 (15+ years old) and is registered under CIN U45202MH2011PTC213819.
Pressteel Projects reported revenue of ₹7.17 Lakh for FY 2021 (down 72% YoY).
Pressteel Projects has 2 current directors:
- Cheruvilayil Daniel Achankunju - Director
- Ancy Achankunju - Director
Pressteel Projects reported a net loss of ₹20.78 Lakh (net margin -289.9%) and EBITDA of -₹16.92 Lakh (EBITDA margin -236.1%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pressteel Projects is -55% over three years and -52% over five years. In the latest year (FY 2021) revenue fell 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pressteel Projects is 27AAFCP9206R1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pressteel Projects is U45202MH2011PTC213819. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pressteel Projects was incorporated on 19 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pressteel Projects by revenue are Pranam Developers Private Limited, Madurai Realtors Private Limited, Banker and Sons Builders Pvtltd, Fantastic Projects Private Limited, Ucon Colonizers Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Seles Achankunju Mathew ceased to be Director on 22 Jun 2021. Cheruvilayil Daniel Achankunju was appointed as Director on 02 Aug 2019. Cheruvilayil Daniel Achankunju ceased to be Director on 08 Jun 2019. Pressteel Projects has 6 board changes on record in total.
The registered office of Pressteel Projects is at Shop No – 02 Ground Floor Bhalchandra Apt. Plot No – 55 Sec – 44A Seawoods W, Navi Mumbai, Maharashtra, India – 400706.