About PRS Permacel Private Limited
Data last updated:
PRS Permacel Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Stock Traders Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the packaging films and foils segment of the packaging sector. It was incorporated on 22 June 1999.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1999PTC120475. Its GSTIN is 27AABCP4401A1Z5 (Maharashtra). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Permacel Private Limited. It was led by directors including Ramakrishnan Mahadevan (Whole-Time Director) and Krishna Prasad.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 5th Level Leela Business Park Marol Andheri – Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2022, the company reported a revenue of ₹147.49 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹4.92 Cr (net margin 3.3%) and EBITDA of ₹11.75 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over five years.
The company had about 168 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Premchand Family Trust and Permacel India. As per MCA filings, the company had satisfied charges of ₹60.22 Cr on record. Court records list 54 cases involving the company, including 22 filed by the company and 32 filed against it; 9 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2009.
The last known website on record is prs-group.com.
Company details
Contact details
PRS Permacel Private Limited's registered office is in Mumbai, Maharashtra. Its website is prs-group.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address5th Level Leela Business Park Marol Andheri – Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of PRS Permacel Private 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
Brands
PRS Permacel operates two associated brands: Premchand Family Trust and Permacel India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of graphics, functional labels, specialty tapes, and thermal insulation for automotive & industrial applications | permacelindia.com | |
| It serves as a welcome to "the premchand group". | prs-group.com |
Business activity
The main business activity of PRS Permacel is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of PRS Permacel Private Limited, buy the company report.
Financials of PRS Permacel Private Limited
FY 2022 filings availablePRS Permacel Private Limited reported revenue of ₹147.49 Cr (up 17% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 17% growth in the latest year. EBITDA rose 52% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹147.49 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.92 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 3.3% | ||||
| 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 PRS Permacel Private Limited, buy the company report.
Board of directors of PRS Permacel Private Limited
PRS Permacel has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Prasad | Director | 27 May 2022 | 4 Years 4 Months | As last reported |
| Santhanam | Director | 27 May 2022 | 4 Years 4 Months | As last reported |
| Deepak Prabhakar Chindarkar Also directs: Renaissance Global Limited | Director | 27 May 2022 | 4 Years 4 Months | As last reported |
| Ramakrishnan Mahadevan | Whole-Time Director | 19 Apr 2021 | 5 Years 6 Months | As last reported |
Auditor
PRS Permacel Private Limited is audited by S R B C & CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2022 | 324982E/E300003 |
Shareholding
The shareholding of PRS Permacel Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of PRS Permacel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2016 | 100023458 | Others | ₹2.5 Cr | Satisfied | |
| 28 Jun 2013 | 10443348 | Icici Bank Limited | ₹8.15 Lakh | Satisfied | |
| 03 Jan 2013 | 10397150 | The Saraswat Cooperative Bank Ltd | ₹1 Cr | Satisfied | |
| 21 Jan 2011 | 10273047 | The Saraswat Co-Operative Bank Ltd. | ₹5 Cr | Satisfied | |
| 21 Jan 2011 | 10273032 | The Saraswat Co-Operative Bank Ltd. | ₹2 Cr | Satisfied |
To see the full charge records of PRS Permacel Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
PRS Permacel Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2009.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Preroy Holdings AG Seller: Permacel India Holding AG Zug |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
PRS Permacel Private Limited has 54 court cases on record: 22 filed by PRS Permacel, 32 filed against it. 9 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 18 | 7 |
| District courts | 23 | 13 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed against the company by Landcare Realty LLP Limited and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Precision Distribution Pvt Ltd | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Precision Distribution Pvt.Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Precision Distribution Pvt.Ltd.And Ors. | Disposed |
| High Court, MAHARASHTRA | Court case (RPW) | Filed against the company by individuals | Pending |
To see the full case history of PRS Permacel 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 PRS Permacel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
PRS Permacel Private Limited has a workforce of 168 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
PRS Permacel has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP4401A1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 07AABCP4401A1Z7 | Delhi | Active | 16 Apr 2021 |
To see the full GST registrations and return filing status of PRS Permacel Private Limited, buy the company report.
Recent activity
PRS Permacel Private Limited has 14 board changes on record since 2011: 4 appointments and 10 cessations. The latest: Deepak Prabhakar Chindarkar ceased to be Additional Director on 29 Sep 2022.
32 earlier events are in the company report.
Frequently asked questions
PRS Permacel has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
PRS Permacel was a private limited company based in Mumbai, Maharashtra, India. The company worked in packaging films and foils, within the packaging industry. It was incorporated on 22 June 1999 and is registered under CIN U74999MH1999PTC120475. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
PRS Permacel was incorporated on 22 June 1999. It is registered with the Registrar of Companies, Mumbai.
PRS Permacel had 4 directors:
- Ramakrishnan Mahadevan - Whole-Time Director
- Krishna Prasad - Director
- Santhanam - Director
- Deepak Prabhakar Chindarkar - Director
The CIN (Corporate Identification Number) of PRS Permacel is U74999MH1999PTC120475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of PRS Permacel is at 5th Level Leela Business Park Marol Andheri – Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059.
PRS Permacel can be reached through the website prs-group.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of PRS Permacel on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of PRS Permacel is 27AABCP4401A1Z5, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AABCP4401A1Z7 (Delhi).
PRS Permacel operated in the packaging industry, in the packaging films and foils segment.