Punjab Abrasives Ltd
About Punjab Abrasives Ltd
Data last updated:
Punjab Abrasives Ltd is a public limited company based in Chandigarh, India. It operates in the paper segment of the packaging sector. It was incorporated on 17 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U19100CH1994PLC014932. Its GSTIN is 03AACCP1344F1Z0 (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.37 Lakh. It is led by directors including Savinder Singh Aurora (Managing Director) and Jujhar Singh Aurora (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1419 Sector 34 C Chandigarh, Chandigarh, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.49 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹4.03 Lakh (net margin 1.6%) and EBITDA of ₹9.6 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1.25 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Punjab Abrasives has one previous CIN (Corporate Identification Number): U01211CH1994PLC014932. The current CIN is U19100CH1994PLC014932, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U19100CH1994PLC014932 | Current |
| U01211CH1994PLC014932 | Previous |
Contact details
Punjab Abrasives Ltd's registered office is in Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1419 Sector 34 C Chandigarh, Chandigarh, India
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Punjab Abrasives Ltd, 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 Punjab Abrasives is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Punjab Abrasives Ltd, buy the company report.
Financials of Punjab Abrasives Ltd
FY 2024 filings availablePunjab Abrasives Ltd reported revenue of ₹2.49 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 126% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹9.6 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹4.03 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Punjab Abrasives Ltd, buy the company report.
Board of directors of Punjab Abrasives Ltd
Punjab Abrasives has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darsreet Singh Aurora | Director | 19 Jul 2000 | 26 Years 3 Months | Current |
| Savinder Singh Aurora | Managing Director | 09 Aug 2010 | 16 Years 2 Months | Current |
| Jujhar Singh Aurora | Whole-Time Director | 17 Aug 1994 | 32 Years 2 Months | Current |
Peer comparison
Punjab Abrasives Ltd is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers, Paper Laminated and Corrugated Packaging), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leo Wetblue Leather Private Limited | ₹2.51 Cr (FY 2024) | -86.0% | Punjab, India | |||
| S S C Shoes Private Limited | ₹2.5 Cr (FY 2025) | -50.0% | Chennai, Tamil Nadu, India | |||
| Punjab Abrasives Ltdthis company | ₹2.49 Cr (FY 2024) | ₹4.03 Lakh | 1.6% | -13.0% | 6 | Chandigarh, India |
| Scarco Shoes Private Limited | ₹2.48 Cr (FY 2025) | 43.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Punjab Abrasives Ltd, buy the company report.
Auditor
Punjab Abrasives Ltd is audited by J.K. Jain & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.K. Jain & Associates | FY 2022 | 004025N |
Shareholding
The shareholding of Punjab Abrasives Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Punjab Abrasives Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2020 | 100378822 | Others | ₹9.5 Lakh | Satisfied | |
| 02 Jun 2012 | 10365258 | Punjab & Sind Bank | ₹70 Lakh | Satisfied | |
| 22 Oct 2009 | 10188709 | Punjab & Sind Bank | ₹15 Lakh | Satisfied | |
| 13 Mar 2007 | 10063226 | Punjab and Sind Bank | ₹10 Lakh | Satisfied | |
| 26 Sep 2001 | 90169591 | Punjab and Sind Bank | ₹5 Lakh | Satisfied |
To see the full charge records of Punjab Abrasives Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Punjab Abrasives Ltd has 1 court case on record: 1 filed by Punjab Abrasives. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Ms Japsi Chem Pharmaceuticals | Disposed |
To see the full case history of Punjab Abrasives Ltd, 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 Punjab Abrasives Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Punjab Abrasives Ltd has a workforce of 6 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Punjab Abrasives has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCP1344F1Z0 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Punjab Abrasives Ltd, buy the company report.
Recent activity
Punjab Abrasives Ltd has 6 board changes on record since 1994: 3 appointments and 3 cessations. The latest: Ravinder Singh Aurora ceased to be Director on 05 Jun 2019.
11 earlier events are in the company report.
Frequently asked questions
Punjab Abrasives is an active public limited company based in Chandigarh, India. The company works in paper, within the packaging industry. It was incorporated on 17 August 1994 (32+ years old) and is registered under CIN U19100CH1994PLC014932.
Punjab Abrasives has 3 current directors:
- Savinder Singh Aurora - Managing Director
- Jujhar Singh Aurora - Whole-Time Director
- Darsreet Singh Aurora - Director
The latest financial statements of Punjab Abrasives on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Punjab Abrasives is 03AACCP1344F1Z0, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Punjab Abrasives is U19100CH1994PLC014932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Punjab Abrasives has 1 court case on record: 1 filed by the company.
Punjab Abrasives was incorporated on 17 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Punjab Abrasives by revenue are Leo Wetblue Leather Private Limited, S S C Shoes Private Limited, Scarco Shoes Private Limited, all in the Consumer Products industry (Footwear Manufacturers, Paper Laminated and Corrugated Packaging), with the same principal business activity (textile, leather and other apparel products).
Ravinder Singh Aurora ceased to be Director on 05 Jun 2019. Jujhar Singh Aurora ceased to be Director on 01 Apr 2015. Savinder Singh Aurora ceased to be Additional Director on 29 Sep 2010. Punjab Abrasives has 6 board changes on record in total.
The registered office of Punjab Abrasives is at 1419 Sector 34 C Chandigarh, Chandigarh, India.
Punjab Abrasives operates in the packaging industry, in the paper segment.
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