MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-DD-01-0000750
PSL Corrosion Control Services Limited - engineering in Daman, Daman And Diu, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹108.33 Cr
▲ 37% YoY
Net profit · FY 2019
₹5.42 Cr
Net margin 5%
EBITDA · FY 2019
₹11.79 Cr
EBITDA margin 10.9%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.4 Cr
Issued & subscribed
Open charges
₹13.11 Cr
Satisfied ₹55 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
84
Provident fund records
About PSL Corrosion Control Services Limited
Data last updated:
PSL Corrosion Control Services Limited is a public limited company based in Daman, Daman And Diu, India, a subsidiary of Psl Limited. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 30 June 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74899DD1993PLC004666. Its GSTIN is 26AAACP7600C1ZX (Dadra and Nagar Haveli and Daman and Diu). The company holds 8 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.4 Cr. It was formerly known as Psl Corrosion Control Services Private Limited. It is led by directors including Rachana Vilas More and Bachan Singh Bindwal.
Its last annual general meeting (AGM) was held on 19 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at House No. 542/3 Survey No. 476/4 Patel Falia Kachigam, Nani Daman, Daman and Diu, India – 396210.
As per the financials filed for FY 2019, the company reported a revenue of ₹108.33 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹5.42 Cr (net margin 5%) and EBITDA of ₹11.79 Cr (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
The company has about 84 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.11 Cr and satisfied charges of ₹55 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 4 cases are pending.
PSL Corrosion Control Services Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DD-01-0000750). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website psllimited.com.
Company details
CIN U74899DD1993PLC004666
Registration Number 004666
Incorporation Date 30 June 1993
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 September 2019
Date of Balance Sheet 31 March 2019
Parent Company Psl Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-DD-01-0000750
CIN history
PSL Corrosion Control Services has one previous CIN (Corporate Identification Number): U74899DL1993PLC054250. The current CIN is U74899DD1993PLC004666, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DD1993PLC004666 | Current |
| U74899DL1993PLC054250 | Previous |
Key People
Rachana Vilas More Director Beena Nediyedath Nair Additional Director Bachan Singh Bindwal Director Recognitions & Rankings of PSL Corrosion Control Services
Contact details
PSL Corrosion Control Services Limited's registered office is in Daman, Daman And Diu. Its website is psllimited.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressHouse No. 542/3 Survey No. 476/4 Patel Falia Kachigam, Nani Daman, Daman and Diu, India – 396210
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of PSL Corrosion Control Services Limited, buy the company report.
Comprehensive company report
PSL Corrosion Control Services 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 PSL Corrosion Control Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of PSL Corrosion Control Services Limited, buy the company report.
Financials of PSL Corrosion Control Services Limited
FY 2019 filings availablePSL Corrosion Control Services Limited reported revenue of ₹108.33 Cr (up 37% YoY) for FY 2019.
Revenue · FY 2019
₹108.33 Cr ▲ 37%
Net profit · FY 2019
₹5.42 Cr margin 5%
EBITDA · FY 2019
₹11.79 Cr margin 10.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 111%
3 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 14% over three years, including 37% growth in the latest year. EBITDA rose 111% 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 | ₹108.33 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.42 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | ||||
| Net Profit Margin | 5% | ||||
| 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 PSL Corrosion Control Services Limited, buy the company report.
Board of directors of PSL Corrosion Control Services Limited
PSL Corrosion Control Services has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachana Vilas More | Director | 01 Nov 2023 | 3 Years 0 Months | Current |
| Beena Nediyedath Nair | Additional Director | 26 Mar 2024 | 2 Years 7 Months | Current |
| Bachan Singh Bindwal | Director | 12 Mar 2024 | 2 Years 7 Months | Current |
Auditor
PSL Corrosion Control Services Limited is audited by SURESH C MATHUR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH C MATHUR & CO | FY 2019 | 000891N |
Shareholding
The shareholding of PSL Corrosion Control Services Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of PSL Corrosion Control Services Limited, buy the company report.
Charges & borrowings
Open charges
₹13.11 Cr
Satisfied charges
₹55 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jan 2013 | 10403590 | Others | ₹13.11 Cr | Open | |
| 22 Nov 2012 | 10393383 | Reliance Capital Ltd | ₹15 Cr | Satisfied | |
| 27 Apr 2012 | 10354124 | Axis Bank Limited | ₹20 Cr | Satisfied | |
| 27 Jun 2009 | 10171476 | Axis Bank | ₹20 Cr | Satisfied |
To see the full charge records of PSL Corrosion Control Services Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
PSL Corrosion Control Services Limited has 8 court cases on record: 4 filed by PSL Corrosion Control Services, 4 filed against it. 4 cases are pending and 4 are disposed.
Total cases
8
Filed by the company
4
Filed against the company
4
Pending
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 2 |
| District courts | 3 | 2 | 1 |
| NCLT | 1 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Trans Union Cibil Limited (Formerly Credit Information Bureau (India) Ltd.) and 6 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Teshi Engineers and Sales Promoters Pvt Ltd | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Nitin Jain RP for PSL Limited | Pending |
| District court, North Goa, Goa | Court case (SPCC) | Filed against the company by Government of India | Pending |
| Bombay High Court | Tax appeal | Filed by the company against Commissioner of Central Excise and Customs, Daman. | Pending |
To see the full case history of PSL Corrosion Control Services 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 PSL Corrosion Control Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
PSL Corrosion Control Services Limited has a workforce of 84 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
Employee count
84
Active EPFO establishments
2
Employee growth
-40%
GST
PSL Corrosion Control Services has 8 GST registrations: 4 active and 4 cancelled or inactive.
Total GSTINs
8
Active
4
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACP7600C1ZX | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Aug 2020 |
| 24AAACP7600C1Z1 | Gujarat | Active | 01 Jul 2017 |
| 33AAACP7600C1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
| 37AAACP7600C1ZU | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of PSL Corrosion Control Services Limited, buy the company report.
Recent activity
PSL Corrosion Control Services Limited has 21 board changes on record since 2008: 3 appointments and 18 cessations. The latest: Bachan Singh Bindwal ceased to be Additional Director on 29 Sep 2024.
Ceased
Bachan Singh Bindwal ceased to be Additional Director.
Ceased
Rachana Vilas More ceased to be Additional Director.
Appointed
Beena Nediyedath Nair was appointed as Additional Director.
Ceased
Amarjeet Singh ceased to be Additional Director.
Appointed
Bachan Singh Bindwal was appointed as Director.
Charges
A charge with Others of Rs. 13.11 Cr registered on 10 Jan 2013 with Charge ID 10403590 was modified on 15 Jan 2024.
Ceased
Ajay Dinkarrao Pingle ceased to be Additional Director.
Appointed
Rachana Vilas More was appointed as Director.
Ceased
Kamaleshkumar Setban Dubey ceased to be Additional Director.
Ceased
Kishor Vasudev Bulchandani ceased to be Additional Director.
Ceased
Radhakrishnan Raghava Menon ceased to be Director.
Ceased
Keshav Ashok Punj ceased to be Director.
20 earlier events are in the company report.
Frequently asked questions
PSL Corrosion Control Services is an active public limited company based in Daman, Daman And Diu, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 30 June 1993 (33+ years old) and is registered under CIN U74899DD1993PLC004666.
PSL Corrosion Control Services has 3 current directors:
- Rachana Vilas More - Director
- Beena Nediyedath Nair - Additional Director
- Bachan Singh Bindwal - Director
The latest financial statements of PSL Corrosion Control Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 19 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of PSL Corrosion Control Services is 26AAACP7600C1ZX, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 8 GST registrations in all, of which 4 are active and 4 are cancelled or inactive. Other active GSTINs include 24AAACP7600C1Z1 (Gujarat), 33AAACP7600C1Z2 (Tamil Nadu), 37AAACP7600C1ZU (Andhra Pradesh).
The CIN (Corporate Identification Number) of PSL Corrosion Control Services is U74899DD1993PLC004666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PSL Corrosion Control Services has 8 court cases on record: 4 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.
PSL Corrosion Control Services was incorporated on 30 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Goa.
Bachan Singh Bindwal ceased to be Additional Director on 29 Sep 2024. Rachana Vilas More ceased to be Additional Director on 29 Sep 2024. Beena Nediyedath Nair was appointed as Additional Director on 26 Mar 2024. PSL Corrosion Control Services has 21 board changes on record in total.
Yes, PSL Corrosion Control Services is registered as an MSME under Udyam registration (number: UDYAM-DD-01-0000750).
PSL Corrosion Control Services can be reached through the website psllimited.com. Its registered office is in Daman, Daman And Diu, India.
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