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pradeep metals ltd (513532) Details

Pradeep Metals Limited manufactures and sells closed die 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 raw, finished, and semi-finished machined components primarily for instrumentation, oil and gas, petrochemical, 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 & MD
Total Annual Compensation: 8.4M
Chief Financial Officer
Total Annual Compensation: 1.2M
Accounts Head & Deputy CFO
Total Annual Compensation: 376.0K
Compliance Officer & Company Secretary
Total Annual Compensation: 531.0K
Compensation as of Fiscal Year 2017.
pradeep metals ltd
Pradeep Metals Limited Appoints Jayavardhan Dhar Diwan as Additional Director; Not Recommends Dividend for Fiscal Year 2016-2017

Pradeep Metals Limited at its board meeting approved the appointment of Jayavardhan Dhar Diwan as additional director effective from May 13, 2017, who shall hold office upto the date of the ensuring general meeting of the company. The company not recommended any dividend on equity shares for the fiscal year 2016-2017.

Pradeep Metals Limited Announces Unaudited Standalone Earnings Results for the Fourth Quarter and Audited Standalone and Consolidated Earnings Results for the Year Ended March 31, 2017

Pradeep Metals Limited announced unaudited standalone earnings results for the fourth quarter and audited standalone and consolidated earnings results for the year ended March 31, 2017. For the quarter, on standalone basis the company reported total revenue of INR 345.5 million as compared to INR 334.4 million for the same period last year. Profit before exceptional and extra ordinary items and tax was INR 28.4 million as compared to INR 8.2 million for the same period last year. Profit from continuing operations was INR 15.8 million as compared to INR 7.1 million for the same period last year. Basic and diluted earnings per share were INR 0.91 as compared to INR 0.41 for the same period last year. For the year, on standalone basis the company reported total revenue of INR 1,232.0 million as compared to INR 1,208.4 million for the same period last year. Profit before exceptional and extra ordinary items and tax was INR 78.7 million as compared to INR 51.4 million for the same period last year. Profit from continuing operations was INR 51.7 million as compared to INR 37.6 million for the same period last year. Basic and diluted earnings per share were INR 3.00 as compared to INR 2.17 for the same period last year. For the year ended, on consolidated basis the company reported total revenue of INR 1,341.7 million as compared to INR 1,444.7 million for the same period last year. Profit before exceptional and extra ordinary items and tax was INR 9.7 million as compared to INR 3.9 million for the same period last year. Loss from continuing operations was INR 32.8 million as compared to INR 7.0 million for the same period last year. Basic and diluted earnings per share were INR 0.37 as compared to INR 0.43 for the same period last year.

Pradeep Metals Limited, Board Meeting, May 13, 2017

Pradeep Metals Limited, Board Meeting, May 13, 2017. Agenda: To consider, approve and take on record the audited financial results on standalone and consolidated basis for the quarter / year ended 31 March, 2017; and to recommend declaration of Dividend, for fiscal year 2016-17, if any.

 

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