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pradeep metals ltd (513532) Details

Pradeep Metals Limited manufactures and sells closed stainless, alloy, and carbon steel forgings. The company offers valves, gears and automative products, manifolds, forged flanges, and general engineering products. Its products are used as finished and semi-finished machined components for instrumentation, oil and gas, petro-chemical, automotive, and general engineering industries. The company offers its products in India, the United States, the United Kingdom, Singapore, Sweden, Denmark, France, Germany, Mexico, and Argentina. Pradeep Metals Limited was founded in 1982 and is based in Navi Mumbai, India.

Founded in 1982

pradeep metals ltd (513532) Top Compensated Officers

Chairman, Managing Director and Chairman of R...
Total Annual Compensation: 8.4M
Compensation as of Fiscal Year 2016.
pradeep metals ltd
Pradeep Metals Limited Announces Management Changes

Pradeep Metals Ltd. announced the appointment of Mr. Rakesh Agarwal as the Chief Financial Officer of the company, Mr. Dilip Dalvi (Dy. CFO) is relieved from his responsibility as KMP, however, he continues to be in the services of the company as Dy. CFO reporting to Mr. Rakesh Agarwal (CFO) of the company.

Pradeep Metals Limited Reports Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2016

Pradeep Metals Limited reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2016. For the quarter, net sales/income from operation was INR 276.6 million against INR 276.9 million a year ago. Profit from operation before other income, finance costs and exceptional items was INR 34.1 million against INR 32.4 million a year ago. Profit from ordinary activities before tax was INR 22.5 million against INR 17.7 million a year ago. Net profit was INR 14.9 million or INR 0.87 per basic and diluted share before and after extraordinary items (not annualized) against INR 11.7 million or INR 0.68 per basic and diluted share before and after extraordinary items (not annualized) a year ago. For the six months, net sales/income from operation was INR 502.5 million against INR 519.1 million a year ago. Profit from operation before other income, finance costs and exceptional items was INR 58.4 million against INR 67.2 million a year ago. Profit from ordinary activities before tax was INR 32.6 million against INR 38.2 million a year ago. Net profit was INR 21.5 million or INR 1.24 per basic and diluted share before and after extraordinary items (not annualized) against INR 26.9 million or INR 1.56 per basic and diluted share before and after extraordinary items (not annualized) a year ago.

Pradeep Metals Ltd Appoints Rakesh Agarwal as the Chief Financial Officer and Key Managerial Personnel

Pradeep Metals Ltd. announced that the Board of Directors of the Company at its meeting held on November 08, 2016, has considered and approved the appointment of Mr. Rakesh Agarwal as the Chief Financial Officer and Key Managerial Personnel of the company with immediate effect pursuant to the Listing Regulations and the Companies Act, 2013.

 

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