MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-26-0032411
Pride Air Systems Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹5.07 Cr
▲ 199% YoY
Net profit · FY 2023
₹25.32 Lakh
Net margin 5%
EBITDA · FY 2023
₹39.83 Lakh
EBITDA margin 7.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹45 Lakh
Satisfied ₹2.4 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
9
Provident fund records
About Pride Air Systems Private Limited
Data last updated:
Pride Air Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 08 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2006PTC128859. Its GSTIN is 27AAECP0362R1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahendra Singh Amar Singh Parihar and Priyasingh Mahendrasingh Parihar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.07 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹25.32 Lakh (net margin 5%) and EBITDA of ₹39.83 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 32% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45 Lakh and satisfied charges of ₹2.4 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
Pride Air Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0032411). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paspl.co.in.
Company details
CIN U74999PN2006PTC128859
Registration Number 128859
Incorporation Date 08 August 2006
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0032411
Recognitions & Rankings of Pride Air Systems
Contact details
Pride Air Systems Private Limited's registered office is in Pune, Maharashtra. Its website is paspl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 102 Shree Swamivivekananda Industrial Estate Survey No 54 Satav Nagar Hadap, Sar, Pune, Maharashtra, India – 411028
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Pride Air Systems Private Limited, buy the company report.
Comprehensive company report
Pride Air Systems 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 Pride Air Systems is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Pride Air Systems Private Limited, buy the company report.
Financials of Pride Air Systems Private Limited
FY 2023 filings availablePride Air Systems Private Limited reported revenue of ₹5.07 Cr (up 199% YoY) for FY 2023.
Revenue · FY 2023
₹5.07 Cr ▲ 199%
Net profit · FY 2023
₹25.32 Lakh margin 5%
EBITDA · FY 2023
₹39.83 Lakh margin 7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 199%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 361%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 199% growth in the latest year. EBITDA rose 361% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹5.07 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹39.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.32 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 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 | |||||
To see the full financial statements and ratios of Pride Air Systems Private Limited, buy the company report.
Board of directors of Pride Air Systems Private Limited
Pride Air Systems has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Singh Amar Singh Parihar | Director | 08 Aug 2006 | 20 Years 2 Months | Current |
| Priyasingh Mahendrasingh Parihar | Director | 08 Aug 2006 | 20 Years 2 Months | Current |
Auditor
Pride Air Systems Private Limited is audited by P. N. Phadke & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. N. Phadke & Co. | FY 2023 | 107890W |
Shareholding
The shareholding of Pride Air Systems 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 category | FY 2023 | FY 2022 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pride Air Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45 Lakh
Satisfied charges
₹2.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2011 | 10316635 | Axis Bank Ltd | ₹45 Lakh | Open | |
| 02 Apr 2014 | 10504443 | The Kalyan Janata Sahakari Bank Limited | ₹90 Lakh | Satisfied | |
| 12 Mar 2014 | 10504445 | The Kalyan Janata Sahakari Bank Limited | ₹90 Lakh | Satisfied | |
| 13 Feb 2014 | 10504440 | The Kalyan Janata Sahakari Bank Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Pride Air Systems Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Pride Air Systems Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Total cases
5
Filed against the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by RBL Bank Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by RBL Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by RBL Bank Ltd and 1 other | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Scube Air Conditioning Pvt. Ltd. Through Sumant Kulkarni and 1 other | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company | Disposed |
To see the full case history of Pride Air Systems Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pride Air Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pride Air Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP0362R1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pride Air Systems Private Limited, buy the company report.
Recent activity
Pride Air Systems Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Mahendra Singh Amar Singh Parihar was appointed as Director on 08 Aug 2006.
AGM
Pride Air Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Pride Air Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Charges
A charge registered on 02 Apr 2014 via Charge ID 10504443 with The Kalyan Janata Sahakari Bank Limited was fully satisfied on 05 Feb 2021.
Charges
A charge registered on 12 Mar 2014 via Charge ID 10504445 with The Kalyan Janata Sahakari Bank Limited was fully satisfied on 05 Feb 2021.
Charges
A charge registered on 13 Feb 2014 via Charge ID 10504440 with The Kalyan Janata Sahakari Bank Limited was fully satisfied on 05 Feb 2021.
Charges
A charge with The Kalyan Janata Sahakari Bank Limited amounted to Rs. 90.00 Lakh with Charge ID 10504443 was registered on 02 Apr 2014.
Charges
A charge with The Kalyan Janata Sahakari Bank Limited of Rs. 90.00 Lakh registered on 12 Mar 2014 with Charge ID 10504445 was modified on 02 Apr 2014.
Charges
A charge with The Kalyan Janata Sahakari Bank Limited of Rs. 60.00 Lakh registered on 13 Feb 2014 with Charge ID 10504440 was modified on 02 Apr 2014.
Charges
A charge with The Kalyan Janata Sahakari Bank Limited amounted to Rs. 90.00 Lakh with Charge ID 10504445 was registered on 12 Mar 2014.
Charges
A charge with The Kalyan Janata Sahakari Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 10504440 was registered on 13 Feb 2014.
Charges
A charge with Axis Bank Ltd amounted to Rs. 45.00 Lakh with Charge ID 10316635 was registered on 14 Oct 2011.
Appointed
Mahendra Singh Amar Singh Parihar was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Pride Air Systems is an active private limited company based in Pune, Maharashtra, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 08 August 2006 (20+ years old) and is registered under CIN U74999PN2006PTC128859.
Pride Air Systems has 2 current directors:
- Mahendra Singh Amar Singh Parihar - Director
- Priyasingh Mahendrasingh Parihar - Director
The latest financial statements of Pride Air Systems on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Pride Air Systems is 27AAECP0362R1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pride Air Systems is U74999PN2006PTC128859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pride Air Systems has 5 court cases on record: 5 filed against it.
Pride Air Systems was incorporated on 08 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
Mahendra Singh Amar Singh Parihar was appointed as Director on 08 Aug 2006. Priyasingh Mahendrasingh Parihar was appointed as Director on 08 Aug 2006.
Yes, Pride Air Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0032411).
Pride Air Systems can be reached through the website paspl.co.in. Its registered office is in Pune, Maharashtra, India.
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