Punjab Communications Limited - telecom in Mohali, Punjab, India. FY 2026 financials & compliance.
CIN L32202PB1981SGC004616 Incorporated 21 July 1981 ROC Chandigarh HQ Mohali, Punjab, India
Active Listed - BSE: 500346 Public Limited State Government Company telecom MSME · Small
Data last updated
Market Cap
₹64.62 Cr
PUNJCOMMU · BSE
Share Price
₹54.50
-0.46% today
Revenue
₹26.85 Cr
FY 2025-26 · +56.0% YoY
EBITDA
−₹7.23 Cr
Margin -26.9%
Net Profit
₹2.98 Cr
FY 2025-26 · +386.5% YoY
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹12.02 Cr
Issued & subscribed
Satisfied charges
₹189.07 Cr
No open charges

About Punjab Communications Limited

Data last updated:

Punjab Communications Limited is a public limited state government company based in Mohali, Punjab, India, a subsidiary of Punjab Information And Communication Technology Corporation Limited. It operates in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 21 July 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L32202PB1981SGC004616. Its GSTIN is 03AAACP9916H1ZG (Punjab). The company holds 17 GST registrations, of which 1 is active. Its shares are listed on BSE: 500346.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹12.02 Cr. It is led by directors including Harsuhinder Pal Singh Brar (Managing Director) and Manjeet Singh Dhillon.

Its last annual general meeting (AGM) was held on 22 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 91 Phase VIII Industrial Area Sas Nagar, Mohali, Punjab, India – 160071.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹26.85 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹2.98 Cr (net margin 11.1%) and EBITDA of -₹7.23 Cr (EBITDA margin -26.9%).

The company has about 160 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Punjab Communications. As per MCA filings, the company has satisfied charges of ₹189.07 Cr on record. Court records list 29 cases involving the company, including 13 filed by the company and 13 filed against it; 4 cases are pending. The company has 31 deals on record (31 market trades); the latest was in May 2020. Its 10 peer companies in the Telecom industry (Communications, Telecom Equipment and Technology) are compared by revenue, 5 larger and 5 smaller; the largest is Tienda Advanced Materials Private Limited with revenue of ₹26.42 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 9 overdue payments to 7 micro and small suppliers.

Punjab Communications Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0002607). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website puncom.com.

Company Details of Punjab Communications Limited
CIN L32202PB1981SGC004616
Registration Number 004616
Incorporation Date 21 July 1981
ROC Chandigarh
Listing Status Listed (BSE: 500346)
Company Status Active
Date of Last AGM 22 December 2025
Date of Balance Sheet 31 March 2025
Parent Company Punjab Information And Communication Technology Corporation Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-20-0002607

CIN History of Punjab Communications Limited

Punjab Communications has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L32202PB1981SGC004616, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L32202PB1981SGC004616Current
U32202CH1981SGC004616Previous
L32202CH1981SGC004616Previous

Recognitions & Rankings of Punjab Communications

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-PB-20-0002607
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    B – 91 Phase VIII Industrial Area Sas Nagar, Mohali, Punjab, India – 160071
  • Industry
    Telecom, Telecom Equipment & Tech Solutions
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Financials, compliance, directors, charges, ownership and filings for Punjab Communications Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Punjab Communications Limited

Punjab Communications operates one associated brand: Punjab Communications. Each brand links to its own profile.

BrandDescriptionWebsite
Telecom and IT equipment and solutions are provided.puncom.com

Business Activity of Punjab Communications Limited

The main business activities of Punjab Communications are manufacturing and trade. In detail, this covers computer, electronic, communication and scientific measuring & control equipment, wholesale trading and repair & installation of machinery & equipment, motor vehicles. 3 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipmentLocked
GTradeG1Wholesale TradingLocked
CManufacturingC12Repair & installation of machinery & equipment, motor vehiclesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

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Financials of Punjab Communications Limited FY 2025-26 filings available

Punjab Communications Limited reported revenue of ₹26.85 Cr (up 56% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹26.85 Cr
+56.0% YoY
EBITDA
−₹7.23 Cr
+23.2% YoY
Profit After Tax
₹2.98 Cr
+386.5% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue26.8517.2115.0510.5910.7620.5827.60
Revenue growth+56.0%+14.4%+42.1%-1.6%-47.7%-25.4%-
EBITDA(7.23)(9.42)(11.72)(23.43)(20.82)(19.99)(19.93)
EBITDA margin-26.9%-54.7%-77.9%-221.3%-193.5%-97.1%-72.2%
Profit before tax2.98(0.38)10.14(15.63)(13.23)(11.90)(11.43)
Net profit2.98(1.04)(2.73)(8.70)(12.51)(11.90)(11.43)
Net profit margin+11.1%-6.0%-18.1%-82.2%-116.3%-57.8%-41.4%
EPS (₹)2.48(0.31)8.43(12.97)(10.37)(9.88)(9.49)
Balance sheet
Total assets--29.3226.7741.1253.3865.08
Net worth--28.8318.6434.4147.1358.27
Total debt--0.000.000.000.000.39
Cash & bank--54.8743.8959.5067.2064.50
Net working capital--20.108.8222.9938.5548.00
Cash flow
Cash from operations--(1.08)(22.97)(15.11)(4.78)(10.34)
Cash from investing--25.2123.088.645.9014.22
Cash from financing--(4.40)(0.04)3.88(0.42)0.33
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue5.837.024.998.176.674.923.555.54
Revenue growth (YoY)-12.6%+42.7%+40.6%+47.5%+107.8%---
Other income2.142.682.192.902.682.552.812.00
Total expenses5.039.348.017.778.956.005.758.49
EBITDA0.80(2.32)(3.02)0.40(2.28)(1.08)(2.20)(2.95)
EBITDA margin+13.7%-33.0%-60.5%+4.9%-34.2%-22.0%-62.0%-53.2%
Depreciation0.080.060.070.040.040.050.050.05
Interest0.000.000.010.010.000.000.010.00
Profit before tax2.860.30(0.91)3.250.361.420.55(1.00)
Tax0.000.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 20 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue5.837.024.998.176.674.923.555.54
Revenue growth (YoY)-12.6%+42.7%+40.6%+47.5%+107.8%---
Other income2.142.682.192.902.682.552.812.00
Total expenses5.039.348.017.778.956.005.758.49
EBITDA0.80(2.32)(3.02)0.40(2.28)(1.08)(2.20)(2.95)
EBITDA margin+13.7%-33.0%-60.5%+4.9%-34.2%-22.0%-62.0%-53.2%
Depreciation0.080.060.070.040.040.050.050.05
Interest0.000.000.010.010.000.000.010.00
Profit before tax2.860.30(0.91)3.250.361.420.55(1.00)
Tax0.000.000.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue26.8517.2115.0510.5910.7620.5827.60
Revenue growth+56.0%+14.4%+42.1%-1.6%-47.7%-25.4%-
Other income10.459.2422.568.077.918.489.01
Total expenses34.0826.6326.7734.0231.5840.5747.53
Employee cost0.000.0014.8619.4124.7225.8726.95
EBITDA(7.23)(9.42)(11.72)(23.43)(20.82)(19.99)(19.93)
EBITDA margin-26.9%-54.7%-77.9%-221.3%-193.5%-97.1%-72.2%
Depreciation0.210.200.200.230.290.350.44
Interest0.030.000.500.040.030.040.07
Profit before tax2.98(0.38)10.14(15.63)(13.23)(11.90)(11.43)
Tax0.000.000.000.00(0.73)0.000.00
Net profit2.98(1.04)(2.73)(8.70)(12.51)(11.90)(11.43)
Net profit margin+11.1%-6.0%-18.1%-82.2%-116.3%-57.8%-41.4%
EPS (₹)2.48(0.31)8.43(12.97)(10.37)(9.88)(9.49)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital--12.0512.0512.0512.0512.05
Reserves & surplus--16.786.5922.3635.0846.22
Shareholders' funds (net worth)--28.8318.6434.4147.1358.27
Secured loans--0.000.000.000.000.39
Unsecured loans--0.000.000.000.000.00
Total debt--0.000.000.000.000.39
Total liabilities--29.3226.7741.1253.3865.08
Assets
Gross block--53.8153.8953.3255.1756.79
Net block--3.713.894.124.634.97
Capital work in progress--0.000.000.000.000.00
Investments--0.006.996.996.996.99
Inventories--17.3616.3718.5918.2022.49
Sundry debtors--10.7210.2210.4318.2424.28
Cash & bank balances--54.8743.8959.5067.2064.50
Loans & advances--4.154.854.985.496.58
Total current assets--87.1075.3393.50109118
Total current liabilities--67.0066.5170.5170.5869.85
Net working capital--20.108.8222.9938.5548.00
Total assets--29.3226.7741.1253.3865.08
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash--3.433.355.945.241.03
Net cash from operating activities--(1.08)(22.97)(15.11)(4.78)(10.34)
Net cash from investing activities--25.2123.088.645.9014.22
Net cash from financing activities--(4.40)(0.04)3.88(0.42)0.33
Net change in cash--19.740.08(2.59)0.704.21
Closing cash--54.8743.8959.5067.2064.50
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+56.0%+14.4%+42.1%-1.6%-47.7%-25.4%-
EBITDA growth+23.3%+19.6%+50.0%-12.5%-4.2%-0.3%-
PBT growth-88.7%-+9998.0%-18.1%-11.2%-4.1%-321.8%
Net income growth+386.5%+61.9%+68.6%+30.5%-5.1%-4.1%-
Revenue CAGR (3Y)+36.4%+17.0%-9.9%-27.3%-37.8%-18.4%-0.4%
EBITDA CAGR (3Y)-32.4%-23.2%-16.3%+5.5%+22.7%+15.6%+10.5%
Profitability & leverage
Net income margin+11.1%-2.2%+67.4%-147.6%-116.2%-57.8%-41.4%
Return on capital employed---3.7%0.0%0.0%0.0%0.0%
Return on net worth---4.8%0.0%0.0%0.0%0.0%
Debt / equity--0.000.000.000.000.00
Long-term debt / equity--0.000.000.000.000.00
Interest cover-0.400.00-4.19-0.17-0.14-0.20-0.34
Efficiency & per share
Fixed asset turnover--0.280.200.200.370.49
Inventory turnover--0.890.610.581.011.12
Debtors turnover--1.441.030.750.971.06
EPS (₹)2.48(0.31)8.43(12.97)(10.37)(9.88)(9.49)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.000.0023.9315.4728.5639.1248.36
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Board of Directors of Punjab Communications Limited

Punjab Communications has 5 current directors and 49 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manjeet Singh DhillonAdditional Director11 Jan 20251 Years 9 MonthsCurrent
Harsuhinder Pal Singh BrarManaging Director17 Feb 20260 Years 8 MonthsCurrent
Gurkirat Kirpal SinghNominee Director17 Feb 20260 Years 8 MonthsCurrent
Shashi Bhushan AggarwalAdditional Director25 Mar 20260 Years 6 MonthsCurrent
Ashneet KaurAdditional Director25 Mar 20260 Years 6 MonthsCurrent

Peer Comparison of Punjab Communications Limited

Punjab Communications Limited is compared with the companies closest to it by revenue in the Telecom industry (Communications, Telecom Equipment and Technology). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Punjab Communications Limited this company₹26.85 Cr (FY 2026)••••••••56.0%••••Mohali, Punjab, India
Tienda Advanced Materials Private Limited₹26.42 Cr (FY 2024)••••••••-9.0%••••Mormugao, Goa, India
Hughes Network Systems India Private Limited₹26.19 Cr (FY 2025)••••••••12.0%••••New Delhi, Delhi, India
Log Media and Communications Private Limited₹26.15 Cr (FY 2020)••••••••77952.0%••••Delhi, India
Simoco Telecommunications (South Asia) Limited₹25.87 Cr (FY 2025)••••••••-8.0%••••Kolkata, West Bengal, India
Simnovus India Private Limited₹25.84 Cr (FY 2025)••••••••-7.0%••••New Delhi, Delhi, India
Height 8 Technologies Private Limited₹25.76 Cr (FY 2025)••••••••3.0%••••Ahmedabad, Gujarat, India
Cpi Satcom & Antenna Technologies Asia Private Limited₹25.75 Cr (FY 2025)••••••••-39.0%••••New Delhi, Delhi, India
Telit Communications India Private Limited₹25.49 Cr (FY 2022)••••••••21.0%••••Bangalore, Karnataka, India
Enthrall Communications Private Limited₹25.42 Cr (FY 2025)••••••••-13.0%••••Chennai, Tamil Nadu, India
Unique Unity Cellcom Private Limited₹25.42 Cr (FY 2025)••••••••-3.0%••••Kalady, Kerala, India

Peers are the five companies nearest above and the five nearest below Punjab Communications by revenue in the Telecom industry (Communications, Telecom Equipment and Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Punjab Communications Limited

Punjab Communications Limited is audited by RAJ GUPTA & CO. for the financial year 2023.

NameStatusAppointment DateCessation Date
RAJ GUPTA & CO.LockedLockedLocked
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Shareholding Pattern of Punjab Communications Limited

Shareholding for the quarter ended Mar 2026: promoters hold 71.30%, foreign institutional investors hold 4.80%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 23.90%.

Promoters: 71.30%FII (Foreign Institutional): 4.80%Retail & Others: 23.90%
Mar 2026
QUARTER
71.30% Promoters
4.80% FII (Foreign Institutional)
23.90% Retail & Others
Promoter holding - history
Now 71.30% · Mar 2026High 71.30% · Jun 2025Low 71.30% · Jun 2025
70%70.8%71.5%72.3%73%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 71.30%Sep 2025: 71.30%Dec 2025: 71.30%Mar 2026: 71.30%71.30%71.30%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters71.30%71.30%71.30%71.30%
Public28.70%28.70%28.70%28.70%

Charges & Borrowings of Punjab Communications Limited

Open charges
None
Satisfied charges
₹189.07 Cr
Breakdown by lending institutions
Vuppalamritha Magnetic Components Limited₹93.42 Cr
State Bank of India₹64.50 Cr
State Bank of India₹25.00 Cr
Indusind Bank Ltd.₹6.15 Cr
Latest charge details
DateLenderAmountStatus
15 Mar 2016Indusind Bank Ltd.₹6.15 CrSatisfied
06 Feb 2008Vuppalamritha Magnetic Components Limited₹3.43 CrSatisfied
26 Dec 2007Vuppalamritha Magnetic Components Limited₹89.99 CrSatisfied
27 Dec 1994State Bank of India₹26 CrSatisfied
17 Dec 1993State Bank of India₹26 CrSatisfied

Total charge records: 7 View all charges

Deals & Funding of Punjab Communications Limited

Punjab Communications Limited has 31 deals on record (31 market trades); the latest was in May 2020.

Total deals
31
Market trades
31

Deals on record (5 of 31)

WhenDealAmountParties
Oct 2019Market trade₹18 LakhBuyer: Darshan Trading Company
Seller: HDFC Bank Limited
Mar 2015Market trade₹89.3 LakhBuyer: Prism Commodeal Private Limited
Seller: Ganges Realbuild Private Limited
Mar 2015Market trade₹92.2 LakhBuyer: Ganges Realbuild Private Limited
Seller: Phantom Mercantiles Private Limited
Mar 2015Market trade₹90.8 LakhBuyer: Prism Commodeal Private Limited
Seller: Ganges Realbuild Private Limited
Mar 2015Market trade₹91.7 LakhBuyer: Ganges Realbuild Private Limited
Seller: Pixel Mercantiles Private Limited
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Full deal history

All 31 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Punjab Communications Limited

Punjab Communications Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 9 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 7)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
an individual supplier••••••••••••
Essen Deinki••••••••••••
an individual supplier••••••••••••
Benstar Electronics Private Limited••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Punjab Communications Limited

Punjab Communications Limited has a workforce of 160 employees as of Apr 08, 2024.

Employee count
160
Active EPFO establishments
1
Employee growth
-19.19%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Punjab Communications Limited

Punjab Communications has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Punjab Digital Industrial Systems LtdU72210PB1977PLC003714-

Showing major subsidiaries. Total: 1.

Recent Activity on Punjab Communications Limited

Punjab Communications Limited has 94 board changes on record since 1996: 52 appointments and 42 cessations. The latest: Ashneet Kaur was appointed as Additional Director on 25 Mar 2026.

Appointed
Ashneet Kaur was appointed as Additional Director.
Appointed
Shashi Bhushan Aggarwal was appointed as Additional Director.
Appointed
Gurkirat Kirpal Singh was appointed as Nominee Director.
Appointed
Harsuhinder Pal Singh Brar was appointed as Managing Director.
AGM
Punjab Communications Limited last Annual general meeting of members was held on 22 Dec 2025 as per latest MCA records.
Appointed
Jaspreet Singh was appointed as Nominee Director.
Ceased
Sandeep Hans ceased to be Nominee Director.
Ceased
Rahul Chaba ceased to be Nominee Director.
Appointed
Sandeep Hans was appointed as Nominee Director.
Ceased
Ramesh Goel ceased to be CFO.
Appointed
Kamal Kishore Yadav was appointed as Nominee Director.
Ceased
Mohinder Pal ceased to be Nominee Director.

103 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Punjab Communications Limited

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Subsidiaries & Group Companies of Punjab Communications Limited

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Corporate group structure

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GST Compliance of Punjab Communications Limited

Punjab Communications has 17 GST registrations: 1 active and 16 cancelled or inactive.

Total GSTINs
17
Active
1
Cancelled / inactive
16
GSTINStateStatusRegistered on
03AAACP9916H1ZGPunjabActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Punjab Communications Limited

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MCA filings and documents

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Frequently Asked Questions about Punjab Communications Limited

Punjab Communications is an active public limited state government company based in Mohali, Punjab, India. The company works in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 21 July 1981 (45+ years old) and is registered under CIN L32202PB1981SGC004616. Listed on BSE: 500346.

Punjab Communications reported revenue of ₹26.85 Cr for FY 2025-26 (up 56% YoY) based on standalone financials.

Punjab Communications has 5 current directors:

The GSTIN of Punjab Communications is 03AAACP9916H1ZG, registered in Punjab. The company has 17 GST registrations in all, of which 1 is active and 16 are cancelled or inactive.

The CIN (Corporate Identification Number) of Punjab Communications is L32202PB1981SGC004616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Punjab Communications is listed on BSE with code 500346.

Punjab Communications has 29 court cases on record: 13 filed by the company and 13 filed against it. 4 are pending. Most are in the high courts.

Punjab Communications was incorporated on 21 July 1981, making it 45+ years old. It is registered with the Registrar of Companies, Chandigarh.

Punjab Communications has 31 deals on record (31 market trades); the latest was in May 2020.

The peers of Punjab Communications by revenue are Tienda Advanced Materials Private Limited, Hughes Network Systems India Private Limited, Log Media and Communications Private Limited, Simoco Telecommunications (South Asia) Limited, Simnovus India Private Limited and 5 more, all in the Telecom industry (Communications, Telecom Equipment and Technology).

Ashneet Kaur was appointed as Additional Director on 25 Mar 2026. Shashi Bhushan Aggarwal was appointed as Additional Director on 25 Mar 2026. Gurkirat Kirpal Singh was appointed as Nominee Director on 17 Feb 2026. Punjab Communications has 94 board changes on record in total.

Yes, Punjab Communications is registered as a small enterprise under Udyam registration (number: UDYAM-PB-20-0002607).

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