Punjab Dyers Association
About Punjab Dyers Association
Data last updated:
Punjab Dyers Association is a public not for profit company based in Ludhiana, Punjab, India. It operates in the water treatment segment of the environmental services sector. It was incorporated on 25 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U93000PB2010NPL033734. Its GSTIN is 03AAFCP4960L1Z8 (Punjab).
The company has an authorised share capital of ₹128 Cr and a paid-up capital of ₹127.04 Cr. It is led by directors including Gurpreet Singh (Managing Director) and Mandeep Singh Khurana.
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 50 Mld Cetp Adjoining Central Jail Tajpur Road, Ludhiana, Punjab, India – 141008.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.32 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹8.53 Lakh (net margin 0.2%) and EBITDA of ₹6.97 Cr (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 129% over three years and 137% over five years.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Punjab Dyers Association's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address50 Mld Cetp Adjoining Central Jail Tajpur Road, Ludhiana, Punjab, India – 141008
- IndustryEnvironment, Water Treatment
To see the full contact details of Punjab Dyers Association, 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 activities of Punjab Dyers Association are water supply, sewerage and waste management and trade. In detail, this covers water collection, treatment and supply and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E1 | Water collection, treatment and supply | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Punjab Dyers Association, buy the company report.
Financials of Punjab Dyers Association
FY 2024 filings availablePunjab Dyers Association reported revenue of ₹46.32 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 137% over five years, including 33% growth in the latest year. EBITDA rose 155% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.97 Cr | ||||
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| Net Profit (PAT) | ₹8.53 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 15% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Punjab Dyers Association, buy the company report.
Board of directors and KMP of Punjab Dyers Association
Punjab Dyers Association currently reports 12 directors and 2 key managerial personnel. 48 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandeep Singh Khurana Also directs: PVM Enterprises Private Limited | Director | 15 Mar 2022 | 4 Years 7 Months | Current |
| Vishal Jain Also directs: Amar Industries Ltd | Director | 29 Feb 2020 | 6 Years 8 Months | Current |
| Harminder Singh Also directs: Fiberlink Textiles & General Mills Private Limited | Director | 23 Jul 2021 | 5 Years 3 Months | Current |
| Ashok Kumar Makkar Also directs: Maharaja Cotspin Limited | Director | 25 Mar 2010 | 16 Years 7 Months | Current |
| Gurpreet Singh | Managing Director | 23 Jul 2021 | 5 Years 3 Months | Current |
| Prithi Pal Bhalla | Cfo | 17 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Punjab Dyers Association is compared with the 3 companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (water collection, treatment and supply), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Punjab Dyers Associationthis company | ₹46.32 Cr (FY 2025) | ₹8.53 Lakh | 0.2% | 33.0% | Ludhiana, Punjab, India | |
| Tarapur Environment Protection Society | ₹45.7 Cr (FY 2025) | -1.0% | Thane, Maharashtra, India | |||
| Driplex Water Engineering Private Limited | ₹43.43 Cr (FY 2025) | -19.0% | New Delhi, Delhi, India | |||
| Felix Industries Limited | ₹42.34 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Punjab Dyers Association, buy the company report.
Auditor
Punjab Dyers Association is audited by M/S Dhand Harish & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/S Dhand Harish & Associates | FY 2023 | 040756N |
Shareholding
The shareholding of Punjab Dyers Association is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Punjab Dyers Association, buy the company report.
Legal cases
Punjab Dyers Association has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed against the company by an individual | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Punjab Dyers Association, 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 Dyers Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Punjab Dyers Association has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCP4960L1Z8 | Punjab | Active | 27 Sep 2018 |
To see the full GST registrations and return filing status of Punjab Dyers Association, buy the company report.
Recent activity
Punjab Dyers Association has 63 board changes on record since 2010: 14 appointments and 49 cessations. The latest: Sunil Verma ceased to be Additional Director on 25 Sep 2023.
54 earlier events are in the company report.
Frequently asked questions
Punjab Dyers Association is an active public not for profit company based in Ludhiana, Punjab, India. The company works in water treatment, within the environment industry. It was incorporated on 25 March 2010 (16+ years old) and is registered under CIN U93000PB2010NPL033734.
Punjab Dyers Association has 14 current directors and KMP:
- Gurpreet Singh - Managing Director
- Mandeep Singh Khurana - Director
- Vishal Jain - Director
- Harminder Singh - Director
- Ashok Kumar Makkar - Director
- Sunil Verma - Director
- Rahul Verma - Director
- Harvinder Singh - Director
- Vivek Kumar Jindal - Director
- Kamal Dev Chauhan - Director
- Ankit Singla - Director
- Mandeep Singh - Director
- Prithi Pal Bhalla - Cfo
- Surinder Goel - Ceo
The latest financial statements of Punjab Dyers Association 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 Dyers Association is 03AAFCP4960L1Z8, registered in Punjab.
The CIN (Corporate Identification Number) of Punjab Dyers Association is U93000PB2010NPL033734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Punjab Dyers Association has 2 court cases on record: 2 filed against it. 1 is pending.
Punjab Dyers Association was incorporated on 25 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Punjab Dyers Association by revenue are Tarapur Environment Protection Society, Driplex Water Engineering Private Limited, Felix Industries Limited, all in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (water collection, treatment and supply).
Sunil Verma ceased to be Additional Director on 25 Sep 2023. Sunil Verma was appointed as Director on 20 Jun 2023. Mandeep Singh Khurana ceased to be Additional Director on 30 Sep 2022. Punjab Dyers Association has 63 board changes on record in total.
The registered office of Punjab Dyers Association is at 50 Mld Cetp Adjoining Central Jail Tajpur Road, Ludhiana, Punjab, India – 141008.
Punjab Dyers Association operates in the environment industry, in the water treatment segment.
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