Paras Petrofils Profile
Key Indicators
- Authorised Capital ₹ 37.00 Cr
- Paid Up Capital ₹ 33.42 Cr
- Company Age 33 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 86.35 Cr
- Revenue Growth 8.20%
- Profit Growth -60.33%
- Ebitda -228.93%
- Net Worth 1.42%
- Total Assets 1.67%
About Paras Petrofils
Paras Petrofils Limited (PPL) is a Public Limited Indian Non-Government Company incorporated in India on 20 March 1991 and has a history of 33 years and ten months. Its registered office is in Surat, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 521246.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 37.00 Cr and a paid-up capital of Rs 33.42 Cr.
The company has closed loans amounting to ₹86.35 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Paras Petrofils Limited India are Deepak Vaidya as CFO and Shalu Sarraf as Company Secretary. Deepak Vaidya, Madhuben Rathod, Sanjay Bhatt, and Three other members serve as directors at the Company.
Company Details
-
Location
Surat, Gujarat, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
L17110GJ1991PLC015254
-
Company No.
015254
-
Stock Symbol
BSE : 521246
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
20 Mar 1991
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Listed
-
ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Paras Petrofils?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Vaidya
|
CFO | 19-Jun-2018 | Current |
| Shalu Sarraf | Company Secretary | 01-Jan-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Deepak Vaidya
|
Whole-Time Director and Cfo | 06-Aug-2018 | Current |
|
Madhuben Rathod
|
Director | 01-Sep-2020 | Current |
|
Sanjay Bhatt
|
Director | 17-Feb-2021 | Current |
|
Piyush Khatod
|
Director | 09-Mar-2024 | Current |
|
Rupesh Pachori
|
Director | 09-Mar-2024 | Current |
| Jayprakashan Nair | Director | 30-Jul-2024 | Current |
Financial Performance of Paras Petrofils.
Paras Petrofils Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.2% increase. The company also saw a substantial fall in profitability, with a 60.33% decrease in profit. The company's net worth moved up by a moderate rise of 1.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Paras Petrofils?
In 2022, Paras Petrofils had a promoter holding of 39.29% and a public holding of 60.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0
₹86.35 Cr
Charges Breakdown by Lending Institutions
- Dena Bank : 79.61 Cr
- State Bank Of India : 4.24 Cr
- Gujarat Industrial Investment Corporation Limited : 2.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2005 | State Bank Of India | ₹4.24 Cr | Satisfied |
| 30 Aug 2003 | Dena Bank | ₹12.25 Cr | Satisfied |
| 04 Feb 2002 | Dena Bank | ₹39.31 Cr | Satisfied |
| 22 Dec 1998 | Gujarat Industrial Investment Corporation Limited | ₹2.50 Cr | Satisfied |
| 01 Oct 1996 | Dena Bank | ₹3.40 Cr | Satisfied |
How Many Employees Work at Paras Petrofils?
Unlock and access historical data on people associated with Paras Petrofils, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paras Petrofils, 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 Paras Petrofils's trajectory.
Rating
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
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.
