Precision Containeurs

What Precision Containeurs does

Precision Containeurs Ltd is an India-domiciled, BSE-listed (bom:523874) industrial manufacturer incorporated in 1981 and headquartered in Borivali (West), Mumbai. The company operates a single product line — small, intermediate, and large plastic and metal barrels, together with Mild Steel Barrels — sold under a stated quality policy of "Quality Mild Steel Barrels at a competitive price." It serves industrial and commercial customers requiring storage and containment solutions, with no disclosed customer names, no certifications, and no patents or trademarks on record.

The business model is straightforward direct hardware sales: revenue is generated through sale of manufactured barrels to enterprise buyers, with no proprietary technology, no digital channel, no partnerships, and no distributor network documented. Geographic reach is limited to Western India / domestic India, and the company maintains only a basic corporate website plus a registered investor relations contact for shareholding and quarterly financial result disclosures dating back to 2011.

The company's strategic posture is dominated by distress events rather than offensive growth. NCLT-initiated Corporate Insolvency Resolution Process (CIRP) proceedings were initiated on 6 July 2019, with NCLT Order, Public Announcement, List of Creditors, and Expression of Interest (EOI) published on the investor relations page. The board has been reconstituted multiple times across FY2019-20 through FY2023-24 with rotating directors. The company remains nominally operating per public filings, but its growth, hiring, and product expansion signals are absent, and the CIRP process — rather than organic strategy — is the defining corporate action.

Name

Precision Containeurs

Legal name

Precision Containeurs Ltd.

Website

https://precisioncontaineurltd.com

Company type

Private

Founded year

1981

Operating status

Operating

Short description

Precision Containeurs Ltd is a Mumbai-based, BSE-listed Indian manufacturer of plastic and metal barrels (small, intermediate, large) and mild steel barrels, serving industrial and commercial customers in Western India. Founded in 1981, the company has been under NCLT Corporate Insolvency Resolution Process since 2019.

Ownership category

akta.pro rank

Product category

Industrial Container Manufacturing

NAICS

Other Metal Container Manufacturing (332439)

SIC

Metal Shipping Barrels, Drums, Kegs & Pails (3412)

akta.pro primary industry

Industrial & Chemical Rigid Plastic Packaging (Drums, Pails, Jerrycans) (IMALAAAG)

akta.pro secondary industry

Metal Pails & Paint Cans (IMALADAE)

Keywords

• Industrial barrel manufacturing
• Plastic barrel production
• Metal container manufacturing
• Mild steel drums
• Industrial packaging containers

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Others

Revenue model

1. Barrel and Container Sales: The company manufactures and sells plastic and metal barrels of various sizes (small, intermediate, and large), as well as Mild Steel Barrels. Revenue is generated through product sales to customers.

Distribution channels1 record

Marketing channels1 record

Core offering

Precision Containeurs Ltd manufactures and sells industrial barrels in three material variants: plastic barrels, metal barrels, and mild steel barrels. The company offers these in small, intermediate, and large size configurations for industrial and commercial storage and containment applications. Its quality policy commits to supplying quality mild steel barrels at competitive prices to customers.

Product overview

Precision Containeurs Ltd. is a manufacturer of industrial container products, specifically Plastic and Metal barrels in various sizes (small, intermediate, and large) along with Mild Steel Barrels. The company operates as a single-product-line manufacturer with its core offering being industrial barrels and containers for packaging and storage applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Plastic Barrels Small, intermediate, and large plastic barrel containers manufactured by Precision Containeurs for industrial and commercial storage and containment applications.
• Metal Barrels Small, intermediate, and large metal barrel containers manufactured by Precision Containeurs for industrial and commercial storage and containment applications.
• Mild Steel Barrels Quality mild steel barrels supplied at competitive prices to customers under the company's quality policy, manufactured for industrial and commercial use.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights2 records

Direct peers

• Time Technoplast: Indian-listed manufacturer of rigid plastic containers, drums, and barrels across multiple sizes. Most direct comparable given overlapping plastic-barrel product lines and Indian market presence.
• Industrial Container Services: US-based reconditioner and manufacturer of steel drums and intermediate bulk containers. Comparable in core metal-barrel manufacturing and reusable industrial container focus.

Broad incumbents

• Schütz GmbH & Co. KGaA: German-headquartered global manufacturer of industrial drums, IBCs, and packaging systems. Overlaps in the steel and plastic drum category that forms Precision Containeurs' core offering.
• Mauser Packaging Solutions: Global industrial container manufacturer offering steel drums, plastic drums, IBCs, and reconditioning services. Directly overlapping product portfolio in metal and plastic industrial barrels.
• Nilkamal Limited: Large Indian plastics manufacturer with an industrial packaging division producing plastic drums and containers. Comparable broad incumbent with Indian manufacturing scale and partial product overlap.
• Greif Inc: Global leader in industrial packaging including steel, plastic, and fibre drums. Comparable as a large-scale incumbent in the same product category with broader geographic and product reach.

Regional players

• Sonal Plastic Industries: Indian manufacturer of plastic drums, barrels, and containers. Comparable as a domestic competitor in the plastic-barrel segment, though operating primarily in a specific regional cluster.
• Patel Containers Industries: India-based manufacturer of mild steel drums and barrels for chemical and lubricant industries. Comparable in product type (MS drums) and Indian industrial customer base.
• Balaji Container Industries: Indian manufacturer of MS drums, barrels, and containers serving domestic industrial customers. Comparable regional competitor in the same metal barrel category within India.

Emerging players

• Parker Plastics: Manufacturer of plastic containers and pails for industrial and food-grade applications. Comparable as a focused player in plastic rigid containers serving similar industrial buyer profiles.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks4 records

Key highlights3 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Precision Containeurs