Key Metrics
AUTHORISED CAPITAL
1.00 Lakh
PAID-UP CAPITAL
1.00 Lakh
COMPANY AGE
17 Years 0 Months
since 2009-05-13
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
-
-
SATISFIED CHARGES
-
-
ACTIVE GST
1
Updated: 2024-12-16 10:37:58
About Parallel Track
Parallel Track is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U74900KA2009PTC049836). Business overview includes Machinery and Equipment (Material Handling & Storage Equipment), incorporated on May 13, 2009 (17+ years old), headquartered in Bangalore, Karnataka, India. The company is currently Active with Active Compliant compliance status. It has 2 active directors.
Material Handling & Storage Equipment
- Location No. 37/1, 6Th Main, Singasandra Hosur Main Road, Bangalore, Karnataka - 560068
CIN / LLPINU74900KA2009PTC049836
Company No.049836
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2009-05-13
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant
Financial Performance of Parallel Track
Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3%
Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1%
Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,20,083.04 cr | 2,35,431.21 cr | 2,51,890.00 cr | 2,18,400.00 cr | 1,95,200.00 cr | 1,72,000.00 cr | 1,59,000.00 cr |
| Profit/Loss | 13,969.70 cr | 4,810.00 cr | 12,200.00 cr | 9,100.00 cr | -8,200.00 cr | 3,200.00 cr | 5,100.00 cr |
| Cash & Bank Balance | 38,200.00 cr | 35,100.00 cr | 32,000.00 cr | 28,500.00 cr | 25,200.00 cr | 22,000.00 cr | 19,800.00 cr |
| Net Worth | 1,26,731.94 cr | 1,37,500.00 cr | 1,40,200.00 cr | 1,28,000.00 cr | 1,15,000.00 cr | 1,02,000.00 cr | 95,000.00 cr |
| EBITDA | 27,865.49 cr | 29,800.00 cr | 30,200.00 cr | 27,000.00 cr | 24,500.00 cr | 22,000.00 cr | 20,100.00 cr |
Financial Ratios
■ Revenue ■ P/L ■ EBITDA
Values in Crores (Cr) - illustrative trend
FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Profit Margin | 10.54 | 3.20 | 2.10 | 1.80 | 0.50 |
| Debt to EBITDA | 2.14 | 1.90 | 1.70 | 1.50 | 1.20 |
| Interest Coverage Ratio | 0.47 | 0.50 | 0.45 | 0.40 | 0.35 |
| Debt to Equity | 0.88 | 0.90 | 0.85 | 0.80 | 0.75 |
| Return on Equity | 12.10 | 3.00 | 2.00 | 1.50 | 0.20 |
| Current Ratio | 1.20 | 1.15 | 1.10 | 1.05 | 0.99 |
| Quick Ratio | 0.95 | 0.92 | 0.88 | 0.85 | 0.80 |
| EBITDA Margin | 12.00 | 10.00 | 8.00 | 7.00 | 5.00 |
| Return on Capital Employed | 8.00 | 2.00 | 1.00 | 0.20 | 0.00 |
| Earning Per Share | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EPFO Establishments (1)
MRNOI0019835000
Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995
Current Directors (2)
Business Activity
| Activity Group | Description | Turnover % |
|---|---|---|
| Manufacturing | - | 100 |
Flagged By Authority
Regulatory and exchange flags (preview)
Legal Cases
District Court
Cases Found
High Court
Cases Found
Supreme Court
Cases Found
NCLT
Cases Found
NCLAT
Cases Found
View Details →
Frequently Asked Questions about Parallel Track
What is CIN of Parallel Track?
The Corporate Identification Number (CIN) for Parallel Track is U74900KA2009PTC049836. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 049836 as per MCA.
When was Parallel Track incorporated?
Parallel Track was incorporated 17 years 1 day ago on 13 May 2009.
What is paid-up capital and authorised share capital of Parallel Track?
The paid-up capital of Parallel Track is ₹ 100,000.00 and authorised share capital is ₹ 100,000.00.
Who are the current board members and directors of Parallel Track?
Currently 2 directors are associated with Parallel Track: Uday Manikrao Pannase, Valsan Radhakrishnan Kottil.
- Uday Manikrao Pannase
- Valsan Radhakrishnan Kottil
What is the registered address of Parallel Track?
As per Ministry of Corporate Affairs (MCA), the registered address of Parallel Track is No. 37/1, 6Th Main, Singasandra Hosur Main Road, Bangalore, Karnataka, 560068, India.
What is the ROC code of Parallel Track?
Parallel Track ROC code is Roc Bangalore.
What is the company classification of Parallel Track?
Parallel Track is classified as Private Limited Indian Non-Government Company.
Parallel Track - is it listed or unlisted?
Parallel Track is a Unlisted company.
What is the current status of Parallel Track?
Parallel Track is currently Active and registered in Bangalore, Karnataka, India.
What industry or business activity is Parallel Track associated with?
Parallel Track lists activity aligned with: Machinery and Equipment - Material Handling & Storage Equipment - Manufacturing. See the Overview and Competition sections for fuller industry context.
Does Parallel Track have GST registrations on file?
Parallel Track shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
What is the turnover or revenue of Parallel Track?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Parallel Track?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Parallel Track (last filed snapshot)?
As per the latest financial snapshot on file for FY 2022, net worth is about ₹ -52.07 Lakh. Verify figures on the Financial tab and supporting filings.