Parth Electricals & Engineering Private Limited logo

Parth Electricals & Engineering Private Limited

Manufacturer of electric switch gear equipment, providing services and project works for clients like ABB and Reliance.
2007 | Vadodara, Gujarat (India) | Active

Last Updated:

October 24, 2024
HomeCompanyParth Electricals & Engineering Private Limited

Who are the key members and board of directors at Parth Electricals & Engineering?

Board Members(4)

NameDesignationAppointment DateStatus
Jigneshkumar Patel In Director 04-May-2007Current
Karuna Advani In Director 04-Oct-2024Current
Jemini Patel In Director 04-May-2007Current
Prashant Patel In Director 04-Oct-2024Current

Financial Performance and Corporate Structure Insights of Parth Electricals & Engineering.

Parth Electricals & Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.55% increase. The company also saw a substantial improvement in profitability, with a 258.85% increase in profit. The company's net worth Soared by an impressive increase of 34.27%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
70.55%
Revenue from Operations
72.49%
Total Assets
49.74%
Profit or Loss
258.85%
Net Worth
34.27%
EBITDA
3516.85%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹65.98 Cr

₹0.16 Cr

LenderAmountStatus

Others

Creation Date: 31 Mar 2021
₹1.58 MOpen

Others

Creation Date: 09 Jun 2017
₹2.05 CrOpen

Others

Creation Date: 21 Dec 2009
₹18.50 CrOpen

How Many Employees Work at Parth Electricals & Engineering?

Parth Electricals & Engineering has a workforce of 195 employees as of Apr 07, 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.

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Latest Updates, News, and FAQs on Parth Electricals & Engineering

Recent activity within the organization

  • Director Appointment

    Karuna Vinod Advani was appointed as a Director was appointed as a Director on 04 Oct 2024 & has been associated with this company since 2 months 17 days .

    04 Oct 2024

  • Director Appointment

    Prashant Bharatkumar Patel was appointed as a Director was appointed as a Director on 04 Oct 2024 & has been associated with this company since 2 months 17 days .

    04 Oct 2024

  • Annual General Meeting

    Parth Electricals & Engineering Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge with Canara Bank of Rs. 45.27 Cr registered on 28 Mar 2009 with Charge ID 10152443 was modified on 04 Sep 2024.

    04 Sep 2024

  • Balance Sheet

    Parth Electricals & Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 18.50 Cr registered on 21 Dec 2009 with Charge ID 10200943 was modified on 16 Nov 2021.

    16 Nov 2021

Frequently asked questions

  • Parth Electricals & Engineering Private Limited was incorporated on 04 May 2007.

  • The authorized share capital of Parth Electricals & Engineering Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 10.02 Cr.

  • Currently 4 directors are associated with Parth Electricals & Engineering Private Limited.

    • Karuna Vinod Advani
    • Jigneshkumar Gordhanbhai Patel
    • Jemini Jigneshkumar Patel
    • Prashant Bharatkumar Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parth Electricals & Engineering Private Limited is 301 Riddhi-Siddhi Elanza Near Dominos, Subhanpura India, Vadodara, Gujarat, 390023.

  • The corporate identification number (CIN) of Parth Electricals & Engineering Private Limited is U32202GJ2007PTC050751 and the company number is 050751 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parth Electricals & Engineering Private Limited is https://www.parthelectricals.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parth Electricals & Engineering Private Limited has risen by 70.55%.

  • As Per 2023 financial reports, 195 employees are currently employed by Parth Electricals & Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parth Electricals & Engineering Private Limited has experienced an upsurge of 34.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parth Electricals & Engineering Private Limited amount to ₹ 65.98 Cr.

  • The most recent Balance Sheet for Parth Electricals & Engineering Private Limited was filed with the ROC on 31 Mar 2024.

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