About Taiheiyo Promac Engineering Private Limited
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Taiheiyo Promac Engineering Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Promac Engineering Industries Limited. 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 procurement and construction (epc) segment of the engineering sector. It was incorporated on 23 April 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U29220KA2013PTC068720.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Jayaram Surendra Reddy and Surendra Jayaram Reddy.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Avalahalli Anjanapura Post Kanakapura Road, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2021, the company reported a revenue of ₹22,506, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹7,747 (net margin -34.4%) and EBITDA of -₹7,747 (EBITDA margin -34.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
The last known website on record is promacindia.com.
Company details
Contact details
Taiheiyo Promac Engineering Private Limited's registered office is in Bangalore, Karnataka. Its website is promacindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressAvalahalli Anjanapura Post Kanakapura Road, Bangalore, Karnataka, India – 560062
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Taiheiyo Promac Engineering Private Limited, 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 Taiheiyo Promac Engineering Private Limited
FY 2021 filings availableTaiheiyo Promac Engineering Private Limited reported revenue of ₹22,506 (down 26% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 26% fall in the latest year. EBITDA fell 165% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹22,506 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7,747 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7,747 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34.4% | ||||
| Net Profit Margin | -34.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Taiheiyo Promac Engineering Private Limited, buy the company report.
Board of directors of Taiheiyo Promac Engineering Private Limited
Taiheiyo Promac Engineering 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 |
|---|---|---|---|---|
| Jayaram Surendra Reddy | Director | 23 Apr 2013 | 13 Years 6 Months | As last reported |
| Surendra Jayaram Reddy Also directs: Promac Engineering Industries Limited, Lamina Suspension Products Limited, Lamina Foundries Limited and 1 more | Director | 23 Apr 2013 | 13 Years 6 Months | As last reported |
| Shashank Govindraj Also directs: Promac Engineering Industries Limited | Director | 23 Apr 2013 | 13 Years 6 Months | As last reported |
Peer comparison
Taiheiyo Promac Engineering Private Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Engineering Procurement and Construction, Material Handling Equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HNS Vahini Engineering Private Limited | ₹23,780 (FY 2023) | Singrauli, Madhya Pradesh, India | ||||
| Zyxel Logistics (India) Private Limited | ₹23,482 (FY 2018) | -85.0% | New Delhi, Delhi, India | |||
| Shapical Infra Private Limited | ₹22,840 (FY 2023) | 127.0% | Ranchi, Jharkhand, India | |||
| Taikone Elevator India Private Limited | ₹22,750 (FY 2020) | Howrah, West Bengal, India | ||||
| Madhucon Land Developers Limited | ₹22,650 (FY 2025) | -99.0% | Telangana, India | |||
| Taiheiyo Promac Engineering Private Limitedthis company | ₹22,506 (FY 2021) | -₹7,747 | -34.4% | -26.0% | Bangalore, Karnataka, India | |
| Nathe Engineering Private Limited | ₹22,150 (FY 2025) | 10.0% | Kalmeshwar, Maharashtra, India | |||
| Abeinsa Engineering Private Limited | ₹21,694 (FY 2017) | -100.0% | Mumbai, Maharashtra, India | |||
| Sawaka Surface Coating Systems Private Limited | ₹21,523 (FY 2024) | -97.0% | Andheri, Mumbai, Maharashtra, India | |||
| Trans Gulf Mep Engineers Private Limited | ₹21,168 (FY 2019) | -85.0% | Mumbai, Maharashtra, India | |||
| Superfine Translogistics Private Limited | ₹21,140 (FY 2020) | 1055.0% | New Delhi, Delhi, India |
To see the full peer comparison of Taiheiyo Promac Engineering Private Limited, buy the company report.
Auditor
Taiheiyo Promac Engineering Private Limited is audited by S R R K SHARMA ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R R K SHARMA ASSOCIATES | FY 2020 | 003790S |
Shareholding
The shareholding of Taiheiyo Promac Engineering Private Limited 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 2019 | FY 2018 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Taiheiyo Promac Engineering Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Taiheiyo Promac Engineering Private Limited 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 Taiheiyo Promac Engineering Private Limited; 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 Taiheiyo Promac Engineering Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Taiheiyo Promac Engineering Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Haruo Tsuyuki ceased to be Director on 06 Sep 2021.
Frequently asked questions
Taiheiyo Promac Engineering 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.
Taiheiyo Promac Engineering was a private limited company based in Bangalore, Karnataka, India. The company worked in procurement and construction (epc), within the engineering industry. It was incorporated on 23 April 2013 and is registered under CIN U29220KA2013PTC068720. The company has been struck off by the Registrar of Companies and is no longer operational.
Taiheiyo Promac Engineering had 3 directors:
- Jayaram Surendra Reddy - Director
- Surendra Jayaram Reddy - Director
- Shashank Govindraj - Director
The CIN (Corporate Identification Number) of Taiheiyo Promac Engineering is U29220KA2013PTC068720. 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 Taiheiyo Promac Engineering is at Avalahalli Anjanapura Post Kanakapura Road, Bangalore, Karnataka, India – 560062.
Taiheiyo Promac Engineering was incorporated on 23 April 2013. It is registered with the Registrar of Companies, Bangalore.
Taiheiyo Promac Engineering can be reached through the website promacindia.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Taiheiyo Promac Engineering on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
Taiheiyo Promac Engineering operated in the engineering industry, in the procurement and construction (epc) segment. It worked in this industry before it was struck off.
The peers of Taiheiyo Promac Engineering by revenue are HNS Vahini Engineering Private Limited, Zyxel Logistics (India) Private Limited, Shapical Infra Private Limited, Taikone Elevator India Private Limited, Madhucon Land Developers Limited and 5 more, all in the Machinery and Equipment industry (Engineering Procurement and Construction, Material Handling Equipment).
Haruo Tsuyuki ceased to be Director on 06 Sep 2021. Nobuyoshi Kaneko ceased to be Director on 06 Sep 2021. Jayaram Surendra Reddy was appointed as Director on 23 Apr 2013. Taiheiyo Promac Engineering has 5 board changes on record in total.