MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-03-0000060
Prime Hitech Engineering Limited - energy and power in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹13.03 Cr
▲ 539% YoY
Net loss · FY 2021
₹37.81 Cr
Net margin -290.1%
EBITDA · FY 2021
-₹31.39 Cr
EBITDA margin -240.8%
Authorised capital
₹62 Cr
Registered with MCA
Paid-up capital
₹61.42 Cr
Issued & subscribed
Open charges
₹211.9 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
31
Provident fund records
About Prime Hitech Engineering Limited
Data last updated:
Prime Hitech Engineering Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Pci Limited. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 05 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U28113DL2010PLC201156. Its GSTIN is 07AAFCP4080K1Z7 (Delhi). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹62 Cr and a paid-up capital of ₹61.42 Cr. It is led by directors including Bikash Dutta Roy and Rohan Mehta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 11/5B Prime Group Building Pusa Road, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2021, the company reported a revenue of ₹13.03 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹37.81 Cr (net margin -290.1%) and EBITDA of -₹31.39 Cr (EBITDA margin -240.8%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 15% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹211.9 Cr on record. Court records list 23 cases involving the company, including 6 filed by the company and 17 filed against it; 10 cases are pending. The company has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹29.37 Cr; the latest was in June 2017.
Prime Hitech Engineering Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0000060). 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 prime-phel.com.
Company details
CIN U28113DL2010PLC201156
Registration Number 201156
Incorporation Date 05 April 2010
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2021
Parent Company Pci Limited
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-03-0000060
Recognitions & Rankings of Prime Hitech Engineering
Contact details
Prime Hitech Engineering Limited's registered office is in New Delhi, Delhi. Its website is prime-phel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address11/5B Prime Group Building Pusa Road, New Delhi, Delhi, India – 110005
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Prime Hitech Engineering Limited, buy the company report.
Comprehensive company report
Prime Hitech Engineering 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Prime Hitech Engineering is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. |
To see the full business activity and turnover split of Prime Hitech Engineering Limited, buy the company report.
Financials of Prime Hitech Engineering Limited
FY 2021 filings availablePrime Hitech Engineering Limited reported revenue of ₹13.03 Cr (up 539% YoY) for FY 2021.
Revenue · FY 2021
₹13.03 Cr ▲ 539%
Net loss · FY 2021
₹37.81 Cr margin -290.1%
EBITDA · FY 2021
-₹31.39 Cr margin -240.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 539%
3 years · compounded
▼ 32%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 697%
3 years · compounded
▼ 81%
5 years · compounded
▼ 52%
Revenue rose 539% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA fell 697% 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 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 | ₹13.03 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹31.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹37.81 Cr | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -240.8% | ||||
| Net Profit Margin | -290.1% | ||||
| 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 Prime Hitech Engineering Limited, buy the company report.
Board of directors of Prime Hitech Engineering Limited
Prime Hitech Engineering has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bikash Dutta Roy | Director | 21 Jun 2010 | 16 Years 4 Months | Current |
| Rohan Mehta Also directs: Prime Power Corporation Limited, Prime Rigs Limited, Pci Precision Engineering Limited and 5 more | Director | 05 Apr 2010 | 16 Years 6 Months | Current |
| Murad Beniaminov | Director | 21 Jun 2010 | 16 Years 4 Months | Current |
Auditor
Prime Hitech Engineering Limited is audited by KMRG & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KMRG & ASSOCIATES | FY 2021 | 002968N |
Shareholding
The shareholding of Prime Hitech Engineering Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Prime Hitech Engineering Limited, buy the company report.
Charges & borrowings
Open charges
₹211.9 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2018 | 100178361 | Others | ₹5 Cr | Open | |
| 27 Mar 2018 | 100170566 | Others | ₹19.6 Lakh | Open | |
| 29 Mar 2017 | 100095474 | Others | ₹65 Cr | Open | |
| 09 Jul 2013 | 10445714 | Others | ₹11.2 Cr | Open | |
| 09 Jul 2013 | 10445717 | Others | ₹7 Cr | Open |
To see the full charge records of Prime Hitech Engineering Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Prime Hitech Engineering Limited has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹29.37 Cr; the latest was in June 2017.
Total deals
7
Rights issues
3
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹29.37 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: Pci Limited Seller: Prime Rigs Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Meiden T&D (India) Limited |
| Sep 2016 | Rights issue | ₹22.29 Cr | Investors: Pci Limited , Keliburg Holding Limited |
| Oct 2015 | Rights issue | ₹2.19 Cr | Investors: Pci Limited , Keliburg Holding Limited |
| Jul 2014 | Rights issue | ₹7.53 Cr | Investors: Pci Limited , Keliburg Holding Limited |
To see the full deal history of Prime Hitech Engineering Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Prime Hitech Engineering Limited has 23 court cases on record: 6 filed by Prime Hitech Engineering, 17 filed against it. 10 cases are pending and 13 are disposed.
Total cases
23
Filed by the company
6
Filed against the company
17
Pending
10
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 14 | 7 |
| High courts | 7 | 3 | 3 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Ms Meiden T D India Limited Formerly Known As Ms Prime Meiden Limited and 1 other | Pending |
| District court, Nellore, Andhra Pradesh | Execution petition | Filed against the company by Messrs Rasi Electrodes Limited, Rep by Its Managing Director | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Angelique International Limited | Pending |
| District court, Central, Delhi | Commercial suit | Filed against the company by M/S SMS Meer India P. Ltd. | Pending |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed against the company by M/S Meiden T and D (India) Limited, Formerly Known As M/S Prime Meiden Limited and 1 other | Disposed |
To see the full case history of Prime Hitech Engineering 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.
Credit ratings & regulatory alerts
Prime Hitech Engineering Limited was last rated by Crisil on 26 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 Aug 2020 |
To see the full credit ratings and regulatory alerts of Prime Hitech Engineering Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prime Hitech Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prime Hitech Engineering Limited has a workforce of 31 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
Employee growth
-68.69%
GST
Prime Hitech Engineering has 6 GST registrations: 4 active and 2 cancelled or inactive.
Total GSTINs
6
Active
4
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCP4080K1Z7 | Delhi | Active | 01 Jul 2017 |
| 37AAFCP4080K2Z3 | Andhra Pradesh | Active | 01 Jul 2017 |
| 36AAFCP4080K1Z6 | Telangana | Active | 17 Nov 2017 |
| 24AAFCP4080K1ZB | Gujarat | Active | 28 Feb 2018 |
To see the full GST registrations and return filing status of Prime Hitech Engineering Limited, buy the company report.
Recent activity
Prime Hitech Engineering Limited has 9 board changes on record since 2010: 4 appointments and 5 cessations. The latest: Devaraja Iyer Krishna Iyer ceased to be Whole-Time Director on 01 Mar 2023.
AGM
Prime Hitech Engineering Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Devaraja Iyer Krishna Iyer ceased to be Whole-Time Director.
Filing
Prime Hitech Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Delhi.
Ceased
Vijay Sarpal ceased to be Director.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100178361 was registered on 08 May 2018.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100170566 was registered on 27 Mar 2018.
Charges
A charge with Others of Rs. 11.20 Cr registered on 09 Jul 2013 with Charge ID 10445714 was modified on 31 Mar 2017.
Charges
A charge with Others of Rs. 7.00 Cr registered on 09 Jul 2013 with Charge ID 10445717 was modified on 31 Mar 2017.
Charges
A charge with Others of Rs. 16.00 Cr registered on 09 Jul 2013 with Charge ID 10445719 was modified on 31 Mar 2017.
Charges
A charge with Others amounted to Rs. 65.00 Cr with Charge ID 100095474 was registered on 29 Mar 2017.
Ceased
Gurdeep Saluja ceased to be Company Secretary.
Charges
A charge with Punjab National Bank of Rs. 107.50 Cr registered on 07 Jun 2011 with Charge ID 10293991 was modified on 21 Dec 2013.
11 earlier events are in the company report.
Frequently asked questions
Prime Hitech Engineering is an active public limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 05 April 2010 (16+ years old) and is registered under CIN U28113DL2010PLC201156.
Prime Hitech Engineering has 3 current directors:
- Bikash Dutta Roy - Director
- Rohan Mehta - Director
- Murad Beniaminov - Director
The latest financial statements of Prime Hitech Engineering on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Prime Hitech Engineering is 07AAFCP4080K1Z7, registered in Delhi. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 37AAFCP4080K2Z3 (Andhra Pradesh), 36AAFCP4080K1Z6 (Telangana), 24AAFCP4080K1ZB (Gujarat).
The CIN (Corporate Identification Number) of Prime Hitech Engineering is U28113DL2010PLC201156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prime Hitech Engineering has 23 court cases on record: 6 filed by the company and 17 filed against it. 10 are pending. Most are in the district courts.
Prime Hitech Engineering was incorporated on 05 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Prime Hitech Engineering has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹29.37 Cr; the latest was in June 2017.
Devaraja Iyer Krishna Iyer ceased to be Whole-Time Director on 01 Mar 2023. Vijay Sarpal ceased to be Director on 02 Aug 2019. Gurdeep Saluja ceased to be Company Secretary on 10 Apr 2015. Prime Hitech Engineering has 9 board changes on record in total.
Yes, Prime Hitech Engineering is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-03-0000060).