01
Replacement Cost New
Current procurement cost of an equivalent new machine from the OEM or authorised distributor, including relevant freight, installation and commissioning.
GOVERNMENT APPROVED P&M VALUATION
Government Approved Plant & Machinery Valuers India — Every Equipment Category. Every Industrial Context.
From CNC machining centres and pharmaceutical reactors to DG sets, HCV fleets, medical equipment and industrial utilities, every machine has a value shaped by its condition, technology, remaining useful life and market context.
A2Z Valuers, led by Nitesh Shrivastava — Civil Engineer, Government Approved Valuer, Section 34AB Category IV and IBBI P&M Registered Valuer, provides technically defensible P&M valuation certificates across India.
34AB
Category IV
IBBI
P&M Registered
250+
Valuation Services
PAN
India Coverage
PRINCIPAL VALUER
VERIFIED
GOVERNMENT APPROVED VALUER
Nitesh Shrivastava
Civil Engineer · Section 34AB Category IV
P&M
IBBI
PAN INDIA
Government Approved Art & Antiquities Valuer
Nitesh Shrivastava
Government Approved Valuer
Registered Valuation Expert
Professional Authorities & Statutory Registrations
Income Tax Department – Delhi
Income Tax Department – Uttar Pradesh
Income Tax Department – Lucknow
Income Tax Department – Goa
Income Tax Department – Karnataka
Income Tax Department – Mumbai
Income Tax Department – Hyderabad
Income Tax Department – Panchkula
Income Tax Department – Karnal
Income Tax Department – Guwahati
Black Money Act Authorised Valuer
Directorate of Enforcement (ED)
Customs Department Delhi
Delhi High Court & District Courts
Wealth Tax Act
Income Tax Act & IBBI
THE VALUATION INTELLIGENCE
Four Factors That Determine Every P&M Value
A technically defensible certificate cannot rely on age alone. Every equipment valuation must examine the four value drivers that determine the equipment's real economic position.
02
Physical Depreciation
Depreciation reflects actual condition, maintenance, utilisation and remaining useful life — not simply the equipment's chronological age.
03
Functional Obsolescence
Older technology, lower capacity, productivity gaps and energy penalties can reduce value even where the machine remains mechanically sound.
04
Economic Obsolescence
Market conditions, regulatory changes, technology shifts and environmental requirements can materially affect the productive utility and value.
CREDENTIALS & AUTHORITY
Built For Defensible Valuation
Section 34AB
Category IV — Plant & Machinery
IBBI P&M
Registered Valuer
Income Tax
PAN India Enforcement Valuation
Bank Empanelled
SARFAESI P&M Valuation
VALUATION METHODOLOGY
Three Approaches. One Defensible Valuation.
The appropriate methodology depends on the equipment, its operating context, available market evidence and the purpose for which the valuation is required.
01
PRIMARY FRAMEWORK
Cost Approach / DRC
Replacement Cost New less physical depreciation, functional obsolescence and economic obsolescence.
RCN − Physical Depreciation − Functional Obsolescence − Economic Obsolescence
02
MARKET EVIDENCE
Market Comparison
Secondary-market evidence from equipment dealers, auction platforms and relevant comparable transactions helps establish market-supported value.
03
CASH FLOW
Income Approach
Applicable where equipment generates identifiable income, including leased equipment, toll equipment and captive power assets.
CATEGORY IV SCOPE
From Factory Floors to Critical Infrastructure
Plant and machinery valuation extends across virtually every movable production and business asset covered by Section 34AB Category IV.
Explore P&M Valuation Services
Industrial Equipment
CNC · Presses · Injection · Packaging
Electrical Equipment
Transformers · DG Sets · Switchgear · UPS
HVAC & Utilities
Chillers · Compressors · Boilers · ETP/WTP
Construction Equipment
Cranes · Excavators · Batching Plants
Medical Equipment
CT · MRI · X-Ray · Laboratory Systems
Pharmaceutical Equipment
Reactors · Granulators · Tablet Presses
IT Infrastructure
Servers · Storage · Data Centres · UPS
Motor Vehicles
Cars · HCVs · Forklifts · Fleet Assets
SPECIALISED ENGAGEMENTS
Valuation Built Around Real-World Industrial Context
Fair Value & Liquidation Value
P&M valuation for manufacturing company CIRP, including going-concern in-situ Fair Value and ex-situ secondary-market Liquidation Value.
Explore IBC P&M ValuationP&M Hypothecation Certificates
Independent valuation of machinery and equipment forming bank collateral and hypothecation security, including DSV/FSV requirements.
Explore SARFAESI ValuationIT Search P&M Valuation
Technical valuation support for machinery identified during Income Tax search and enforcement proceedings.
Explore Enforcement Valuation
NEED A TECHNICALLY DEFENSIBLE CERTIFICATE?
Get Expert Advice on Your Plant & Machinery Valuation
Discuss your equipment, valuation purpose and required certificate directly with our valuation team.