- Category
- Small (2021-22)
- Udyam number
- UDYAM-TN-02-0054852

About PSTS Heavy Lift and Shift Limited
Data last updated:
PSTS Heavy Lift and Shift Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 25 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29309TN1995PLC031089. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.28 Cr. It was formerly known as Psts Heavy Eqiupments Limited. It is led by directors including Thiraviarathnam Udayasankar (Managing Director) and Jeyasankar Giriram.
Its last annual general meeting (AGM) was held on 31 March 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 48(((Old No.39) II Floor Waroomansion Rajaji Salai Chennai – 1, Tamil Nadu, India – 600001.
As per the financials filed for FY 2020, the company reported a revenue of ₹28.07 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹24.63 Lakh (net margin 0.9%) and EBITDA of ₹1.34 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: PSTS. As per MCA filings, the company has open charges of ₹7.38 Cr and satisfied charges of ₹7.88 Cr on record. Court records list 17 cases involving the company, including 7 filed by the company and 10 filed against it; 6 cases are pending.
PSTS Heavy Lift and Shift Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0054852). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website psts.in.
Company details
CIN history
PSTS Heavy Lift and Shift has one previous CIN (Corporate Identification Number): L29309TN1995PLC031089. The current CIN is U29309TN1995PLC031089, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29309TN1995PLC031089 | Current |
| L29309TN1995PLC031089 | Previous |
Recognitions & Rankings of PSTS Heavy Lift and Shift
Contact details
PSTS Heavy Lift and Shift Limited's registered office is in Chennai, Tamil Nadu. Its website is psts.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address48(((Old No.39) II Floor Waroomansion Rajaji Salai Chennai – 1, Tamil Nadu, India – 600001
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of PSTS Heavy Lift and Shift 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
Financials of PSTS Heavy Lift and Shift Limited
FY 2020 filings availablePSTS Heavy Lift and Shift Limited reported revenue of ₹28.07 Cr (up 12% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 12% growth in the latest year. EBITDA rose 18% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹28.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.63 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 PSTS Heavy Lift and Shift Limited, buy the company report.
Board of directors of PSTS Heavy Lift and Shift Limited
PSTS Heavy Lift and Shift has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jeyasankar Giriram | Additional Director | 01 Mar 2018 | 8 Years 8 Months | Current |
| Thiraviarathnam Udayasankar | Managing Director | 15 Jul 2005 | 21 Years 3 Months | Current |
| Kalidossnadar Vasanthi | Additional Director | 01 Mar 2018 | 8 Years 8 Months | Current |
Auditor
PSTS Heavy Lift and Shift Limited is audited by SAMPATH & SHRINIVASAN for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMPATH & SHRINIVASAN | FY 2020 | 050010S |
Shareholding
The shareholding of PSTS Heavy Lift and Shift Limited is on record for 2 financial years, the latest being FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 | FY 2014 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of PSTS Heavy Lift and Shift Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2020 | 100347654 | Tamilnad Mercantile Bank Limited | ₹98 Lakh | Open | |
| 30 Nov 2018 | 100224417 | Tamilnad Mercantile Bank Limited | ₹20 Lakh | Open | |
| 27 Jul 2018 | 100197411 | Tamilnad Mercantile Bank Limited | ₹6 Cr | Open | |
| 22 May 2015 | 10575660 | Indusind Bank Ltd. | ₹20 Lakh | Open | |
| 22 May 2015 | 10575665 | Indusind Bank Ltd. | ₹15 Lakh | Satisfied |
To see the full charge records of PSTS Heavy Lift and Shift Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
PSTS Heavy Lift and Shift Limited has 17 court cases on record: 7 filed by PSTS Heavy Lift and Shift, 10 filed against it. 6 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 10 | 5 |
| High courts | 6 | 0 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Odisha | Court case (Ex.P.) | Filed against the company by M/S Navitek Logistics Pvt Ltd | Disposed |
| District court, Madurai, Tamil Nadu | Criminal complaint | Filed against the company by The Superintendent of GST and Central Excise | Pending |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Kishan Gopal Suresh Kumar Khadloya (HUF) | Pending |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by an individual | Pending |
To see the full case history of PSTS Heavy Lift and Shift 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 PSTS Heavy Lift and Shift Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
PSTS Heavy Lift and Shift Limited has a workforce of 1 employees on its EPFO records as of Feb 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 1 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of PSTS Heavy Lift and Shift Limited, buy the company report.
GST
PSTS Heavy Lift and Shift 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 PSTS Heavy Lift and Shift Limited, buy the company report.
Recent activity
PSTS Heavy Lift and Shift Limited has 11 board changes on record since 2005: 3 appointments and 8 cessations. The latest: Jeyasankar Kannaram ceased to be Director on 19 Apr 2018.
15 earlier events are in the company report.
Frequently asked questions
PSTS Heavy Lift and Shift is an active public limited company based in Chennai, Tamil Nadu, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 25 April 1995 (31+ years old) and is registered under CIN U29309TN1995PLC031089.
PSTS Heavy Lift and Shift has 3 current directors:
- Thiraviarathnam Udayasankar - Managing Director
- Jeyasankar Giriram - Additional Director
- Kalidossnadar Vasanthi - Additional Director
The latest financial statements of PSTS Heavy Lift and Shift on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 March 2021. Year-wise statements from 2015 are in the company report.
No. PSTS Heavy Lift and Shift has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of PSTS Heavy Lift and Shift is U29309TN1995PLC031089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PSTS Heavy Lift and Shift has 17 court cases on record: 7 filed by the company and 10 filed against it. 6 are pending. Most are in the district courts.
PSTS Heavy Lift and Shift was incorporated on 25 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
Jeyasankar Kannaram ceased to be Director on 19 Apr 2018. Puthurajan Nanthakumar ceased to be Director on 19 Apr 2018. Thiraviaratnam Velsankar ceased to be Managing Director on 19 Apr 2018. PSTS Heavy Lift and Shift has 11 board changes on record in total.
Yes, PSTS Heavy Lift and Shift is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0054852).
PSTS Heavy Lift and Shift can be reached through the website psts.in. Its registered office is in Chennai, Tamil Nadu, India.

