Precimax Engineers Limited - Due diligence report

A 360° intelligence report on Precimax Engineers Limited: trust score, financial health, credit view, compliance, directors, growth and dist…

1962-10-26 Thane, Maharashtra Active Unlisted Active Compliant
PE Precimax Engineers Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Precimax Engineers Limited — 360° Intelligence Report

Generated from MCA filings & public records
83/100
Trust Score
Low Risk

Precimax Engineers Limited is assessed as Low Risk with a Trust Score of 83/100. Precimax Engineers Limited is an active public limited indian non-government company incorporated in 1962, operating in the Machinery and Equipment sector. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.

Report generated on 20 Jul 2026 from the latest processed filings. Precimax Engineers Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
83/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
56/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 50/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 1.42).
  • Profitable - internal accruals available.

Charges position: 11 open (2.50 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Bank Of Baroda9 48.0 cr
Gujrat State Financial Corporation1 48.0 cr
Bank Of India1 48.0 cr
Compliance Score: 56/100 Moderate
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Flagged by authority: EPFO.
  • Litigation present in 2 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
LALIT GUL SHAHANI 01234567 Director 01/04/2018 6 yrs Approved
MALTI GUL SHAHANI 01234567 Director 01/04/2018 6 yrs Approved
POONAM GUL SHAHANI 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2022)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 0 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Group entityRelationship% held
Shahani Wedge Engineers P Associate Company 74.00%

Key managerial personnel: LALIT GUL SHAHANI (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 75 · Distress 90
Growth signals & trust indicators
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Net margin improved to 0.86.
Operating for 63+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (56/100).
11 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence74/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment65/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 11 open charge(s) of 2.50 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view84/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
30 Sep 2016
Director ceased
MALTI GUL SHAHANI
21 Jan 2016
Director appointed
MALTI GUL SHAHANI (Director)
28 Mar 2014
Securities allotted
300000.00 Equity Shares - 30.00 Lakh raised
30 Jan 2010
Director ceased
VINEET AGARWAL
01 Oct 2008
Director ceased
GUL GIANCHAND SHAHANI
Director ceased
LALIT GUL SHAHANI
29 Sep 2008
Director ceased
POONAM GUL SHAHANI
01 Jul 2008
Director appointed
POONAM GUL SHAHANI (Director)
18 Oct 2002
Charge created
Bank Of Baroda - 1.20 cr
12 Nov 1994
Charge created
Bank Of Baroda - 3.20 Lakh
19 Feb 1993
Director appointed
LALIT GUL SHAHANI (Managing Director)
05 Dec 1991
Charge created
Bank Of Baroda - 20.00 Lakh
08 Jun 1991
Charge created
Bank Of Baroda - 62.56 Lakh
10

Key Observations

Auto-generated from the data above
Revenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Ispa Engineering Private Limited U28900MH2005PTC151835 Thane West, Maharashtra, India
Superfab Industries Private Limited U74999MH2016PTC280486 Mumbai, Maharashtra, India
Electronica Semiconductors Private Limited U74999DL2016PTC304510 Delhi, Delhi, India
Raag Innovations Private Limited U74140HR2015PTC056418 Karnal, Haryana, India
Mehtech Engineering Private Limited U29248MH2013PTC239391 Vasai, Maharashtra, India
Fidelis Healthcare Private Limited U41000DL2016PTC307386 New Delhi, Delhi, India
Supra Vessels And Engineers Private Limited U28992RJ1999PTC015579 Bharatpur, Rajasthan, India
Slog Square Electromech Private Limited U29309HR2018PTC072596 Bawal, Haryana, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Precimax Engineers Limited before audits and certifications: compliance score 56/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Precimax Engineers Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Precimax Engineers Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 83/100, distress signals and MSME payment-delay disclosures - know whether Precimax Engineers Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Precimax Engineers Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Precimax Engineers Limited an active company?

Precimax Engineers Limited has MCA status “Active” with a compliance score of 56/100 (Moderate).

Is Precimax Engineers Limited financially healthy?

Precimax Engineers Limited has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Precimax Engineers Limited?

Its overall Trust Score is 83/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Precimax Engineers Limited?

Promoters hold a majority stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Precimax Engineers Limited have loans or charges against its assets?

11 open charge(s) are registered against its assets.

Is Precimax Engineers Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 56/100 (Moderate).

Is it risky to lend to Precimax Engineers Limited?

Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.