Punjab Asbestos Pvt Ltd
About Punjab Asbestos Pvt Ltd
Data last updated:
Punjab Asbestos Pvt Ltd was a private limited company based in Ludhiana, Punjab, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the cement and cement products segment of the manufacturing sector. It was incorporated on 01 March 1985.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U26943PB1985PTC006163.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.81 Lakh. It was led by directors including Jagjot Sukhija and Harinder Singh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at B X – 1/17 South City, Ludhiana, Punjab, India – 141002.
As per the financials filed for FY 2020, the company reported a revenue of ₹87.86 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹73.04 Lakh (net margin 83.1%) and EBITDA of -₹56,020 (EBITDA margin -0.6%). Revenue has grown at a compounded annual rate (CAGR) of 691% over three years and 241% over five years.
Company details
Contact details
Punjab Asbestos Pvt Ltd's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB X – 1/17 South City, Ludhiana, Punjab, India – 141002
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Punjab Asbestos Pvt 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
Financials of Punjab Asbestos Pvt Ltd
FY 2023 filings availablePunjab Asbestos Pvt Ltd reported revenue of ₹87.86 Lakh (up 44555% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 241% over five years. 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 | ₹87.86 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹56,020 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹73.04 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 | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.6% | ||||
| Net Profit Margin | 83.1% | ||||
| 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 Punjab Asbestos Pvt Ltd, buy the company report.
Board of directors of Punjab Asbestos Pvt Ltd
Punjab Asbestos has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagjot Sukhija | Director | 09 Jan 1996 | 30 Years 10 Months | As last reported |
| Harinder Singh | Director | 01 Mar 1985 | 41 Years 8 Months | As last reported |
| Lalit Chopra Also directs: Fin Labs Audio Private Limited, Harness Overseas Mktg.Private Limited, Harness Overseas Private Limited and 1 more | Director | 03 Nov 2014 | 12 Years 0 Months | As last reported |
Auditor
Punjab Asbestos Pvt Ltd is audited by GIROTRA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIROTRA & CO | FY 2020 | 025056N |
Shareholding
The shareholding of Punjab Asbestos Pvt Ltd is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Punjab Asbestos Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Punjab Asbestos Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Punjab Asbestos Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Punjab Asbestos Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Punjab Asbestos Pvt Ltd has 5 board changes on record since 1985: 3 appointments and 2 cessations. The latest: Lalit Chopra was appointed as Director on 03 Nov 2014.
Frequently asked questions
Punjab Asbestos has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Punjab Asbestos was a private limited company based in Ludhiana, Punjab, India. The company worked in cement and cement products, within the manufacturing industry. It was incorporated on 01 March 1985 and is registered under CIN U26943PB1985PTC006163. The company has been struck off by the Registrar of Companies and is no longer operational.
Punjab Asbestos had 3 directors:
- Jagjot Sukhija - Director
- Harinder Singh - Director
- Lalit Chopra - Director
The CIN (Corporate Identification Number) of Punjab Asbestos is U26943PB1985PTC006163. 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 Punjab Asbestos is at B X – 117 South City, Ludhiana, Punjab, India – 141002.
Punjab Asbestos was incorporated on 01 March 1985. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Punjab Asbestos on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Punjab Asbestos operated in the manufacturing industry, in the cement and cement products segment. It worked in this industry before it was struck off.
Lalit Chopra was appointed as Director on 03 Nov 2014. Gurdial Singh ceased to be Director on 03 Jan 2013. Sunder Kaur ceased to be Director on 03 Jan 2013. Punjab Asbestos has 5 board changes on record in total.
The compliance status of Punjab Asbestos is compliant as of 26 August 2026.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
