About Primuss Pipes & Tubes Limited
Data last updated:
Primuss Pipes & Tubes Limited is a public limited company based in Fatehpur, Uttar Pradesh, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 15 April 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN L22219UP1975PLC004105. The company has 2 GST registrations on record, none of which is active. It is recorded as listed by MCA, but trading in its shares on BSE (513291) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.55 Cr. It was formerly known as Quality Steel Tubes Pvt Ltd and Quality Steel Tubes Ltd. It is led by directors including Himanshu Batra and Karan Chawla.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Fatehpur, Uttar Pradesh.
As per the financials filed for FY 2019, the company reported a revenue of ₹143.04 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹98.13 Lakh (net margin 0.7%) and EBITDA of ₹4.51 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 36% over five years.
The company has about 52 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.2 Lakh and satisfied charges of ₹161.43 Cr on record. Court records list 81 cases involving the company, including 30 filed by the company and 51 filed against it; 14 cases are pending. The company has 1 deal on record (1 market trade); the latest was in July 2017. Its 3 peer companies in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 1 smaller; the largest is Savera Tubes Private Limited with revenue of ₹146.41 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website premierpipesltd.com.
Company details
Name history
Primuss Pipes & Tubes has undergone 5 name changes throughout its history. The current legal name is Primuss Pipes & Tubes Limited.
| Company Name | Status |
|---|---|
| Primuss Pipes & Tubes Limited | Current |
| Quality Steel Tubes Pvt Ltd | Previous |
| Quality Steel Tubes Ltd | Previous |
| Premier Pipes Limited. | Previous |
| Qst Limited | Previous |
| Premier Pipes Limited | Previous |
Contact details
Primuss Pipes & Tubes Limited's registered office is in Fatehpur, Uttar Pradesh. Its website is premierpipesltd.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 119 Village Harsinghpur, Pargena & Tehsil Bindki, Fatehpur, Uttar Pradesh, India – 212665
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Primuss Pipes & Tubes 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 Primuss Pipes & Tubes is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Primuss Pipes & Tubes Limited, buy the company report.
Financials of Primuss Pipes & Tubes Limited
FY 2019 filings availablePrimuss Pipes & Tubes Limited reported revenue of ₹143.04 Cr (up 2% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 2% growth in the latest year. EBITDA rose 12% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹143.04 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹98.13 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Primuss Pipes & Tubes Limited, buy the company report.
Board of directors of Primuss Pipes & Tubes Limited
Primuss Pipes & Tubes has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Batra | Director | 04 Jun 2024 | 2 Years 4 Months | Current |
| Karan Chawla Also directs: Karan Clothing Private Limited | Director | 04 Jun 2024 | 2 Years 4 Months | Current |
| Dharmveer Yadav | Director | 04 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Primuss Pipes & Tubes Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Savera Tubes Private Limited | ₹146.41 Cr (FY 2025) | -6.0% | Aurangabad, Maharashtra, India | |||
| Gujarat Infrapipes Private Limited | ₹145.59 Cr (FY 2025) | -22.0% | Vadodara, Gujarat, India | |||
| Primuss Pipes & Tubes Limitedthis company | ₹143.04 Cr (FY 2019) | ₹98.13 Lakh | 0.7% | 2.0% | 52 | Fatehpur, Uttar Pradesh, India |
| Pipefield India Private Limited | ₹140.57 Cr (FY 2021) | 27.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Primuss Pipes & Tubes Limited, buy the company report.
Auditor
Primuss Pipes & Tubes Limited is audited by AMIT GOYAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT GOYAL & CO | FY 2019 | 003778C |
Shareholding
The shareholding of Primuss Pipes & Tubes Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Primuss Pipes & Tubes Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2018 | 100216540 | Others | ₹14.2 Lakh | Open | |
| 15 Jun 2011 | 10293705 | Others | ₹25.5 Cr | Satisfied | |
| 08 Sep 2001 | 90277281 | Punjab National Bank | ₹36.51 Cr | Satisfied | |
| 07 Sep 2001 | 90279943 | Punjab National Bank | ₹36.51 Cr | Satisfied | |
| 09 Jul 1998 | 90279382 | Punjab National Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Primuss Pipes & Tubes Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Primuss Pipes & Tubes Limited has 1 deal on record (1 market trade); the latest was in July 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Market trade | ₹60,000 | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Primuss Pipes & Tubes Limited has 81 court cases on record: 30 filed by Primuss Pipes & Tubes, 51 filed against it. 14 cases are pending and 67 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 38 | 18 | 4 |
| District courts | 19 | 15 | 5 |
| NCLAT | 12 | 12 | 5 |
| NCLT | 11 | 5 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 81)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by M/S Ashish Ispat Pvt. Ltd. | Pending |
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Original Suit) | Filed by the company against Ms South Eastern Coalfields Ltd | Pending |
| NCLT, Allahabad | Insolvency matter | Filed against the company by Anjali Capfin Private Limited | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by Anjali Capfin Private Limited | Disposed |
| NCLT, Allahabad | Insolvency matter | Filed by the company against Anjali Capfin Private Limited and 2 others | Disposed |
To see the full case history of Primuss Pipes & Tubes 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
Primuss Pipes & Tubes Limited was last rated by Care on 24 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 24 May 2022 |
To see the full credit ratings and regulatory alerts of Primuss Pipes & Tubes Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Primuss Pipes & Tubes Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Primuss Pipes & Tubes Limited has a workforce of 52 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Primuss Pipes & Tubes has 2 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 Primuss Pipes & Tubes Limited, buy the company report.
Recent activity
Primuss Pipes & Tubes Limited has 45 board changes on record since 1975: 24 appointments and 21 cessations. The latest: Aditya Jain ceased to be Whole-Time Director on 04 Jun 2024.
96 earlier events are in the company report.
Frequently asked questions
Primuss Pipes & Tubes is an active public limited company based in Fatehpur, Uttar Pradesh, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 15 April 1975 (51+ years old) and is registered under CIN L22219UP1975PLC004105.
Primuss Pipes & Tubes has 3 current directors:
- Himanshu Batra - Director
- Karan Chawla - Director
- Dharmveer Yadav - Director
The latest financial statements of Primuss Pipes & Tubes on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Primuss Pipes & Tubes has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Primuss Pipes & Tubes is L22219UP1975PLC004105. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Primuss Pipes & Tubes is recorded as a listed company by MCA, but trading in its shares on BSE (513291) has been suspended, so they do not currently trade on a stock exchange.
Primuss Pipes & Tubes has 81 court cases on record: 30 filed by the company and 51 filed against it. 14 are pending. Most are in the high courts.
Primuss Pipes & Tubes was incorporated on 15 April 1975, making it 51+ years old. It is registered with the Registrar of Companies, Kanpur.
Primuss Pipes & Tubes has 1 deal on record (1 market trade); the latest was in July 2017.
The peers of Primuss Pipes & Tubes by revenue are Savera Tubes Private Limited, Gujarat Infrapipes Private Limited, Pipefield India Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).
Aditya Jain ceased to be Whole-Time Director on 04 Jun 2024. Ajay Kumar Jain ceased to be Managing Director on 04 Jun 2024. Dharmveer Yadav was appointed as Director on 04 Jun 2024. Primuss Pipes & Tubes has 45 board changes on record in total.
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