Panila Chem Limited

Manufacturer of chemicals, specializing in Anhydrous and pharmaceutical-grade ethanol production.

2017 | Bhavnagar, Gujarat (India) | Active
Last Updated: October 24, 2024

Panila Chem Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 20.06 Cr
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 227.23 Cr
  • Revenue Growth -0.24%
  • Profit Growth -56.43%
  • Ebitda -37.49%
  • Net Worth 18.06%
  • Total Assets -19.50%

About Panila Chem

Panila Chem Limited (PCL) is a Public Limited Indian Non-Government Company incorporated in India on 23 March 2017 (Seven years and ten months 10 days old ). Its registered office is in Bhavnagar, Gujarat, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 20.06 Cr.

The company currently has active open charges totaling ₹227.23 Cr.

The Key Managerial Personnel (KMP) at Panila Chem Limited India are Aashisha Rushabh as CFO and Swati Kathrotiya as Company Secretary. Himanshu Shah, Rushabh Pankajbhai, Pankaj Nagindas, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bhavnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24303GJ2017PLC096453

  • Company No.

    096453

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Panila Chem Limited offer?

Panila Chem Limited offers a wide range of products and services, including Alcohol Solvents, Ethanol.

Who are the key members and board of directors at Panila Chem?

Executive Team (3)

Name Designation Appointment Date Status
Pankaj Nagindas Country flag representing In Managing Director 23-Mar-2017 Current
Aashisha Rushabh CFO 25-Dec-2023 Current
Swati Kathrotiya Company Secretary 03-Apr-2023 Current

Board Members (4)

Name Designation Appointment Date Status
Himanshu Shah Country flag representing In Director 06-Apr-2022 Current
Rushabh Pankajbhai Country flag representing In Whole-Time Director 23-Mar-2017 Current
Aashisha Rushabh Country flag representing In Whole-Time Director 23-Mar-2017 Current
Virchandbhai Patel Country flag representing In Director 06-Apr-2022 Current

Financial Performance of Panila Chem.

Panila Chem Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.24% decrease. The company also saw a substantial fall in profitability, with a 56.43% decrease in profit. The company's net worth Soared by an impressive increase of 18.06%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-0.24%
Revenue from Operations
-3.38%
Total Assets
-19.50%
Profit or Loss
-56.43%
Net Worth
18.06%
EBITDA
-37.49%

What is the Ownership and Shareholding Structure of Panila Chem?

In 2023, Panila Chem had a promoter holding of 95.01% and a public holding of 4.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹227.23 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 111.71 Cr
  • State Bank Of India : 85.52 Cr
  • Others : 30.00 Cr

Latest Charge Details

Date Lender Amount Status
18 Nov 2022 Others ₹30.00 Cr Open
14 Nov 2018 State Bank Of India ₹42.76 Cr Open
14 Nov 2018 State Bank Of India ₹42.76 Cr Open
09 Feb 2018 Hdfc Bank Limited ₹111.71 Cr Open

How Many Employees Work at Panila Chem?

Panila Chem has a workforce of 6 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Panila Chem, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Panila Chem's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Panila Chem

Recent activity within the organization

  • Director Appointment

    Aashisha Bhayani Rushabh was appointed as a Cfo was appointed as a Cfo on 25 Dec 2023 & has been associated with this company since 1 year 1 month .

    25 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 111.71 Cr registered on 09 Feb 2018 with Charge ID 100157532 was modified on 18 Oct 2023.

    18 Oct 2023

  • Annual General Meeting

    Panila Chem Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Panila Chem Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 42.76 Cr registered on 14 Nov 2018 with Charge ID 100221153 was modified on 25 Nov 2022.

    25 Nov 2022

  • Charges

    A charge with State Bank Of India of Rs. 42.76 Cr registered on 14 Nov 2018 with Charge ID 100221154 was modified on 25 Nov 2022.

    25 Nov 2022

Frequently asked questions

  • Panila Chem Limited was incorporated on 23 Mar 2017.

  • The authorized share capital of Panila Chem Limited is ₹ 25.00 Cr and paid-up capital is ₹ 20.06 Cr.

  • Currently 7 directors are associated with Panila Chem Limited.

    • Himanshu Bipinchandra Shah
    • Rushabh Bhayani Pankajbhai
    • Pankaj Bhayani Nagindas
    • Aashisha Bhayani Rushabh
    • Virchandbhai Patel
    • Aashisha Bhayani Rushabh
    • Swati Ashishbhai Kathrotiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Panila Chem Limited is Bhayaniskyline Plotno.1906/B-1 Officeno.700 7Thfloor Opp.Joggers Park, India, Bhavnagar, Gujarat, 364001.

  • The corporate identification number (CIN) of Panila Chem Limited is U24303GJ2017PLC096453 and the company number is 096453 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Panila Chem Limited is https://www.panilachem.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Panila Chem Limited has fallen by -0.24%.

  • As Per 2023 financial reports, 6 employees are currently employed by Panila Chem Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Panila Chem Limited has experienced an upsurge of 18.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Panila Chem Limited amount to ₹ 227.23 Cr.

  • The most recent Balance Sheet for Panila Chem Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Organic Chemicals & Compounds