Skylark Precitech Private Limited

Skylark Precitech Private Limited - machinery and equipment in Sangli, Maharashtra, India. FY 2026 financials & compliance.
CIN U29299PN2005PTC020679 Incorporated 04 May 2005 ROC Pune HQ Sangli, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Micro
Data last updated
Revenue · FY 2024
₹1.66 Cr
▼ 65% YoY
Net loss · FY 2024
₹3.25 Cr
Net margin -195.9%
EBITDA · FY 2024
-₹92.96 Lakh
EBITDA margin -56.1%
Authorised capital
₹1.99 Cr
Registered with MCA
Paid-up capital
₹1.25 Cr
Issued & subscribed
Open charges
₹15.22 Cr
Satisfied ₹44.21 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
8
Provident fund records

About Skylark Precitech Private Limited

Data last updated:

Skylark Precitech Private Limited is a private limited company based in Sangli, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 04 May 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2005PTC020679. Its GSTIN is 27AAICS9782N1ZA (Maharashtra).

The company has an authorised share capital of ₹1.99 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors Bhalchandra Virendra Patil (Managing Director) and Pramod Jaykumar Wategave.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at K – 20 And K – 21 MIDC Kupwad, Sangli, Maharashtra, India – 416436.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.66 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹3.25 Cr (net margin -195.9%) and EBITDA of -₹92.96 Lakh (EBITDA margin -56.1%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 25% over five years.

The company has about 8 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Skylark Precitech. As per MCA filings, the company has open charges of ₹15.22 Cr and satisfied charges of ₹44.21 Cr on record. Court records list 14 cases involving the company, including 4 filed by the company and 10 filed against it; 3 cases are pending.

Skylark Precitech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-29-0004596). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website skylarkprecitech.com.

Company details

CIN U29299PN2005PTC020679
Registration Number 020679
Incorporation Date 04 May 2005
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-29-0004596

Recognitions & Rankings of Skylark Precitech

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-29-0004596

Contact details

Skylark Precitech Private Limited's registered office is in Sangli, Maharashtra. Its website is skylarkprecitech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    K – 20 And K – 21 MIDC Kupwad, Sangli, Maharashtra, India – 416436
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Skylark Precitech Private Limited, buy the company report.

Comprehensive company report
Skylark Precitech Private Limited - one report that includes everything
  • 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
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Brands

Skylark Precitech operates one associated brand: Skylark Precitech. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures industrial equipment for sugar, steel, cement, and power industries.skylarkprecitech.com

Business activity

The main business activity of Skylark Precitech is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Skylark Precitech Private Limited, buy the company report.

Financials of Skylark Precitech Private Limited

FY 2025 filings available

Skylark Precitech Private Limited reported revenue of ₹1.66 Cr (down 65% YoY) for FY 2024.

Revenue · FY 2024
₹1.66 Cr ▼ 65%
Net loss · FY 2024
₹3.25 Cr margin -195.9%
EBITDA · FY 2024
-₹92.96 Lakh margin -56.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 41%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 6%
5 years · compounded
▼ 24%

Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 65% fall in the latest year. EBITDA rose 39% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹92.96 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.25 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-56.1%
Net Profit Margin-195.9%
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 Skylark Precitech Private Limited, buy the company report.

Board of directors of Skylark Precitech Private Limited

Skylark Precitech has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pramod Jaykumar WategaveDirector01 Jul 20215 Years 3 MonthsCurrent
Bhalchandra Virendra PatilManaging Director04 May 200521 Years 5 MonthsCurrent

Auditor

Skylark Precitech Private Limited is audited by SANJAY N PAWAR & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
SANJAY N PAWAR & ASSOCIATESFY 2021122769W

Shareholding

The shareholding of Skylark Precitech Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Skylark Precitech Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15.22 Cr
Satisfied charges
₹44.21 Cr
Breakdown by lending institutions
Others₹15.00 Cr
The Cosmos Co- Operative Bank Limited₹0.22 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Nov 2017100146900Others₹6 CrOpen
28 Nov 2017100146922Others₹8 CrOpen
28 Nov 2017100147289Others₹1 CrOpen
21 May 201310470842The Cosmos Co- Operative Bank Limited₹21.85 LakhOpen
08 Jan 201510544578Others₹11 CrSatisfied

To see the full charge records of Skylark Precitech Private Limited, buy the company report.

Total charge records: 15 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Skylark Precitech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Skylark Precitech Private Limited has a workforce of 8 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
8
Active EPFO establishments
1
Employee growth
-20%

GST

Skylark Precitech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAICS9782N1ZAMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Skylark Precitech Private Limited, buy the company report.

Recent activity

Skylark Precitech Private Limited has 9 board changes on record since 2005: 2 appointments and 7 cessations. The latest: Vijay Oswal Ratanchand ceased to be Director on 20 Aug 2021.

AGM
Skylark Precitech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Skylark Precitech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Vijay Oswal Ratanchand ceased to be Director.
Appointed
Pramod Jaykumar Wategave was appointed as Director.
Charges
A charge with Others of Rs. 8.00 Cr registered on 28 Nov 2017 with Charge ID 100146922 was modified on 23 Mar 2021.
Charges
A charge registered on 14 Jul 2006 via Charge ID 10016153 with Citicorp Finance (India) Limited was fully satisfied on 27 Jan 2020.
Charges
A charge registered on 02 Jul 2010 via Charge ID 10232628 with Karnataka Bank Limited was fully satisfied on 22 Jan 2020.
Charges
A charge registered on 08 Oct 2007 via Charge ID 10070106 with Karnataka Bank Limited was fully satisfied on 22 Jan 2020.
Ceased
Madhav Sharadchandra Kulkarni ceased to be Director.
Charges
A charge registered on 08 Jan 2015 via Charge ID 10544578 with Others was fully satisfied on 16 Feb 2019.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100146900 was registered on 28 Nov 2017.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100147289 was registered on 28 Nov 2017.

31 earlier events are in the company report.

Frequently asked questions

Skylark Precitech is an active private limited company based in Sangli, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 04 May 2005 (21+ years old) and is registered under CIN U29299PN2005PTC020679.

Skylark Precitech has 2 current directors:

The latest financial statements of Skylark Precitech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Skylark Precitech is 27AAICS9782N1ZA, registered in Maharashtra.

The CIN (Corporate Identification Number) of Skylark Precitech is U29299PN2005PTC020679. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Skylark Precitech has 14 court cases on record: 4 filed by the company and 10 filed against it. 3 are pending. Most are in the district courts.

Skylark Precitech was incorporated on 04 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.

Vijay Oswal Ratanchand ceased to be Director on 20 Aug 2021. Pramod Jaykumar Wategave was appointed as Director on 01 Jul 2021. Madhav Sharadchandra Kulkarni ceased to be Director on 01 Jul 2019. Skylark Precitech has 9 board changes on record in total.

Yes, Skylark Precitech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-29-0004596).

Skylark Precitech can be reached through the website skylarkprecitech.com. Its registered office is in Sangli, Maharashtra, India.