Prism Control Gear Private Limited
About Prism Control Gear Private Limited
Data last updated:
Prism Control Gear Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the manufacturing segment of the musical instruments sector. It was incorporated on 21 August 1996.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U20130MH1996PTC102004.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Nikunj Navnitlal Shah and Jatin Shantilal Parikh.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹46,088, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹27,158 (net margin -58.9%) and EBITDA of -₹27,022 (EBITDA margin -58.6%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 60% over five years.
As per MCA filings, the company has satisfied charges of ₹41 Lakh on record.
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- Registered Address2 Floor – 1 Plot – 141/153 Tawawala Building, Kantilal M Sharma Marg Lohar Chawl Kalbadevi, Mumbai, Maharashtra, India – 400002
- IndustryMusical Instruments, Manufacturing, Jewellery, Musical Instrument, Sports Goods
- 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
Financials of Prism Control Gear Private Limited FY 2022 filings available
Prism Control Gear Private Limited reported revenue of ₹46,088 (down 74% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Prism Control Gear Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 74% fall in the latest year. EBITDA fell 127% 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 Prism Control Gear Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹27,022 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹27,158 | •••• | •••• | •••• | •••• |
| 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 Prism Control Gear Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -58.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -58.9% | •••• | •••• | •••• | •••• |
| 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 Prism Control Gear 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 Prism Control Gear Private Limited
Prism Control Gear has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikunj Navnitlal Shah Also directs: Prism Control Gear LLP, Citroen Switchgears Private Limited | Director | 21 Aug 1996 | 30 Years 2 Months | As last reported |
| Jatin Shantilal Parikh Also directs: Prism Control Gear LLP, Citroen Switchgears Private Limited | Director | 21 Aug 1996 | 30 Years 2 Months | As last reported |
| Sameer Krishnakant Tijoriwala Also directs: Prism Control Gear LLP, Citroen Switchgears Private Limited | Director | 21 Aug 1996 | 30 Years 2 Months | As last reported |
Peer Comparison of Prism Control Gear Private Limited
Prism Control Gear Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Conveyor Systems Private Limited | ₹50,000 (FY 2020) | •••• | •••• | 733.0% | •••• | Krishnagiri, Tamil Nadu, India |
| Imco Advanced Materials Private Limited | ₹49,651 (FY 2025) | •••• | •••• | 139.0% | •••• | Mumbai, Maharashtra, India |
| Association of Tinplate Users | ₹46,500 (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Solarmount Structures Private Limited | ₹46,253 (FY 2023) | •••• | •••• | -97.0% | •••• | Thane, Maharashtra, India |
| PCL (India) Private Limited | ₹46,140 (FY 2025) | •••• | •••• | -98.0% | •••• | Delhi, India |
| Prism Control Gear Private Limited this company | ₹46,088 (FY 2022) | •••• | •••• | -74.0% | •••• | Mumbai, Maharashtra, India |
| Aims Forgings Private Limited | ₹45,710 (FY 2021) | •••• | •••• | •••• | Mehsana, Gujarat, India | |
| Shrid Metal Technologies Private Limited | ₹44,217 (FY 2024) | •••• | •••• | -47.0% | •••• | Pune, Maharashtra, India |
| Vak Engineering Private Limited | ₹43,231 (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Yconomy Engitech Private Limited | ₹41,968 (FY 2023) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Nilam Steelage India Private Limited | ₹41,800 (FY 2024) | •••• | •••• | -74.0% | •••• | Virar West, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Prism Control Gear by revenue in the Machinery and Equipment industry (Tools and Components), 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 Prism Control Gear Private Limited
Prism Control Gear Private Limited is audited by MUKESH H. JAIN & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUKESH H. JAIN & ASSOCIATES | 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 Prism Control Gear 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 Prism Control Gear Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Dec 2010 | Bank of Baroda | ₹18 Lakh | Satisfied |
| 07 Dec 2010 | Bank of Baroda | ₹18 Lakh | Satisfied |
| 25 Mar 2004 | New India Co-Op Bank Ltd | ₹5 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Prism Control Gear Private Limited
Employment history and EPFO contributions of people linked to Prism Control Gear.
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 Prism Control Gear Private Limited
Prism Control Gear Private Limited has 4 board changes on record since 1996: 3 appointments and 1 cessation. The latest: Bharati Rohit Bhagatwala ceased to be Director on 04 Jan 2021.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Prism Control Gear 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 Prism Control Gear 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 Prism Control Gear 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 Prism Control Gear Private Limited
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 Prism Control Gear 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 Prism Control Gear Private Limited
Prism Control Gear has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Prism Control Gear was a private limited company based in Mumbai, Maharashtra, India. The company worked in manufacturing, within the musical instruments industry. It was incorporated on 21 August 1996 and is registered under CIN U20130MH1996PTC102004. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Prism Control Gear is U20130MH1996PTC102004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prism Control Gear had 3 directors:
- Nikunj Navnitlal Shah - Director
- Jatin Shantilal Parikh - Director
- Sameer Krishnakant Tijoriwala - Director
Prism Control Gear was incorporated on 21 August 1996. It is registered with the Registrar of Companies, Mumbai.
The registered office of Prism Control Gear is at 2 Floor – 1 Plot – 141153 Tawawala Building, Kantilal M Sharma Marg Lohar Chawl Kalbadevi, Mumbai, Maharashtra, India – 400002.
Prism Control Gear reported revenue of ₹46,088 for FY 2022 (down 74% YoY).
Prism Control Gear has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Prism Control Gear reported a net loss of ₹27,158 (net margin -58.9%) and EBITDA of -₹27,022 (EBITDA margin -58.6%) for FY 2022, as per its filed financial statements.
Prism Control Gear operated in the musical instruments industry, in the manufacturing segment.
The compounded annual growth rate (CAGR) of the revenue of Prism Control Gear is -45% over three years and -60% over five years. In the latest year (FY 2022) revenue fell 74%. CAGR is the steady yearly rate that links the first and the last year.