Primus Commercials Private Limited

Primus Commercials Private Limited - food and beverages in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U51395MP2010PTC023062 Incorporated 10 February 2010 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company food and beverages MSME · Small
Data last updated
Revenue · FY 2025
₹27.71 Cr
▲ 41% YoY
Net profit · FY 2025
₹15.77 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹1.13 Cr
EBITDA margin 4.1%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹32.52 Lakh
Issued & subscribed
Open charges
₹9.91 Cr
Satisfied ₹1.32 Cr
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings

About Primus Commercials Private Limited

Data last updated:

Primus Commercials Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 10 February 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51395MP2010PTC023062. Its GSTIN is 23AAFCP3305H1ZU (Madhya Pradesh).

The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹32.52 Lakh. It is led by directors Tushar Maheshwari and Nikhar Pitamber Maheshwari.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 171 Goyal Nagar Kanadia Road, Indore, Madhya Pradesh, India – 452018.

As per the financials filed for FY 2025, the company reported a revenue of ₹27.71 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹15.77 Lakh (net margin 0.6%) and EBITDA of ₹1.13 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 12% over five years.

As per MCA filings, the company has open charges of ₹9.91 Cr and satisfied charges of ₹1.32 Cr on record.

Primus Commercials Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0008219). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51395MP2010PTC023062
Registration Number 023062
Incorporation Date 10 February 2010
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0008219
Key People
Tushar Maheshwari Director Nikhar Pitamber Maheshwari Director

Recognitions & Rankings of Primus Commercials

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MP-23-0008219

Contact details

Primus Commercials Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    171 Goyal Nagar Kanadia Road, Indore, Madhya Pradesh, India – 452018
  • Industry
    Food and Beverages, Food & Beverage Retail & Distribution

To see the full contact details of Primus Commercials Private Limited, buy the company report.

Comprehensive company report
Primus Commercials 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 Primus Commercials is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Primus Commercials Private Limited, buy the company report.

Financials of Primus Commercials Private Limited

FY 2024 filings available

Primus Commercials Private Limited reported revenue of ₹27.71 Cr (up 41% YoY) for FY 2025.

Revenue · FY 2025
₹27.71 Cr ▲ 41%
Net profit · FY 2025
₹15.77 Lakh margin 0.6%
EBITDA · FY 2025
₹1.13 Cr margin 4.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 22%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 38%
5 years · compounded
▲ 17%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 41% growth in the latest year. EBITDA rose 32% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.13 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.77 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.1%
Net Profit Margin0.6%
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 Primus Commercials Private Limited, buy the company report.

Board of directors of Primus Commercials Private Limited

Primus Commercials has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tushar MaheshwariDirector20 Mar 20188 Years 7 MonthsCurrent
Nikhar Pitamber Maheshwari
Also directs: Primus Akash Ventures Private Limited
Director10 Feb 201016 Years 8 MonthsCurrent
View all directors

Auditor

Primus Commercials Private Limited is audited by Abhishek Parwal & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Abhishek Parwal & AssociatesFY 2023010955C

Shareholding

The shareholding of Primus Commercials 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 categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Primus Commercials Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.91 Cr
Satisfied charges
₹1.32 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹5.10 Cr
State Bank of India₹4.62 Cr
Others₹0.13 Cr
City Union Bank Limited₹0.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Apr 2023100719697Others₹13 LakhOpen
06 Dec 2017100153121State Bank of India₹4.62 CrOpen
06 Oct 2017100132311Hdfc Bank Limited₹5.1 CrOpen
23 Dec 201510621667City Union Bank Limited₹5.85 LakhOpen
30 Nov 201310465712City Union Bank Limited₹2.15 LakhSatisfied

To see the full charge records of Primus Commercials Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Primus Commercials Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Primus Commercials Private Limited has 1 active EPFO establishment as of Mar 31, 2024.

Active EPFO establishments
1

GST

Primus Commercials has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
23AAFCP3305H1ZUMadhya PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Primus Commercials Private Limited, buy the company report.

Recent activity

Primus Commercials Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Naushad Khan ceased to be Director on 22 Mar 2025.

Charges
A charge with State Bank Of India of Rs. 462.14 Lakh registered on 06 Dec 2017 with Charge ID 100153121 was modified on 18 Aug 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 510.00 Lakh registered on 06 Oct 2017 with Charge ID 100132311 was modified on 22 Jul 2025.
Ceased
Naushad Khan ceased to be Director.
Ceased
Sanjay Kumar Mungad ceased to be Director.
AGM
Primus Commercials Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Primus Commercials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with Others amounted to Rs. 13.00 Lakh with Charge ID 100719697 was registered on 30 Apr 2023.
Appointed
Tushar Maheshwari was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 462.14 Lakh with Charge ID 100153121 was registered on 06 Dec 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 510.00 Lakh with Charge ID 100132311 was registered on 06 Oct 2017.
Charges
A charge registered on 30 Nov 2013 via Charge ID 10465712 with City Union Bank Limited was fully satisfied on 20 Jul 2017.
Charges
A charge registered on 12 Jul 2011 via Charge ID 10304663 with City Union Bank Limited was fully satisfied on 20 Jul 2017.

6 earlier events are in the company report.

Frequently asked questions

Primus Commercials is an active private limited company based in Indore, Madhya Pradesh, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 10 February 2010 (16+ years old) and is registered under CIN U51395MP2010PTC023062.

Primus Commercials has 2 current directors:

The latest financial statements of Primus Commercials on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Primus Commercials is 23AAFCP3305H1ZU, registered in Madhya Pradesh.

The CIN (Corporate Identification Number) of Primus Commercials is U51395MP2010PTC023062. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Primus Commercials was incorporated on 10 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Gwalior.

Naushad Khan ceased to be Director on 22 Mar 2025. Sanjay Kumar Mungad ceased to be Director on 22 Mar 2025. Tushar Maheshwari was appointed as Director on 20 Mar 2018. Primus Commercials has 4 board changes on record in total.

Yes, Primus Commercials is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0008219).

The registered office of Primus Commercials is at 171 Goyal Nagar Kanadia Road, Indore, Madhya Pradesh, India – 452018.

Primus Commercials operates in the food and beverages industry, in the food and beverage retail and distribution segment.