Patel Energy Resources Profile
Key Indicators
- Authorised Capital ₹ 500.00 Cr
- Paid Up Capital ₹ 412.89 Cr
- Company Age 17 Year, 1 Month
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 1,906.62 Cr
- Revenue Growth -99.84%
- Profit Growth 100.09%
- Ebitda 40.92%
- Net Worth 0.01%
- Total Assets 0.01%
About Patel Energy Resources
Patel Energy Resources Limited (PERL) is Amalgamated company established on 19 Feb 2008 with its office registered at Hyderabad, Telangana, India and has been running since 17 Year, 1 Month with a paid up capital of 412.89 Cr. According to MCA records, 3 Directors and 3 Signatories are linked to this company as of 17 Jan 2025.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40102TG2008PLC073509
- Company No.
073509
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Feb 2008
- Date of AGM
16 Jul 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Infrastructure and Utilities
Who are the key members and board of directors at Patel Energy Resources?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Waseem Mohammed | Company Secretary | 01-Jan-2015 | Current |
Kavita Shirvaikar  | CFO | 15-Feb-2016 | Current |
| Sunil Sapre | CEO | 12-Apr-2019 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rahul Agarwal | Director | 05-Apr-2021 | Current |
| Priti Patel | Director | 15-Feb-2016 | Current |
| Ramasubramanian Kuppusubramanian | Director | 23-Mar-2016 | Current |
Financial Performance of Patel Energy Resources.
Patel Energy Resources Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 99.84% decrease. The company also saw a substantial improvement in profitability, with a 100.09% increase in profit. The company's net worth moved up by a moderate rise of 0.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Patel Energy Resources?
In 2021, Patel Energy Resources had a promoter holding of 100.00%. The company had 14 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Dirang Energy Private LimitedKavita Shirvaikar is a mutual person
- Patel Energy Limited
Waseem Mohammed, Kavita Shirvaikar and 1 more are mutual person
- Patel Engineering Limited
Kavita Shirvaikar and Ramasubramanian Kuppusubramanian are mutual person
- Patel Engineering Infrastructure Limited
Kavita Shirvaikar and Priti Patel are mutual person
- Pandora Infra Pvt. Ltd.
Kavita Shirvaikar and Priti Patel are mutual person
- Patel Patron Private Limited
Kavita Shirvaikar is a mutual person
Charges (Loans)
Open Charges
₹1,906.62 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 1776.62 Cr
- Canara Bank : 130.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2018 | Others | ₹261.45 Cr | Open |
| 03 Mar 2015 | Canara Bank | ₹130.00 Cr | Open |
| 12 Feb 2015 | Others | ₹1,515.17 Cr | Open |
How Many Employees Work at Patel Energy Resources?
Unlock and access historical data on people associated with Patel Energy Resources, 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 Patel Energy Resources, 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 Patel Energy Resources'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.
Latest Updates, News, and FAQs on Patel Energy Resources
Recent activity within the organization
- Annual General Meeting
Patel Energy Resources Limited last Annual general meeting of members was held on 16 Jul 2021 as per latest MCA records.
- Director Appointment
Rahul Agarwal was appointed as a Director was appointed as a Director on 05 Apr 2021 & has been associated with this company since 3 years 11 months .
- Balance Sheet
Patel Energy Resources Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.
- Director Appointment
Sunil Dhananjay Sapre was appointed as a Ceo was appointed as a Ceo on 12 Apr 2019 & has been associated with this company since 5 years 11 months .
- Charges
A charge with Others amounted to Rs. 261.45 Cr with Charge ID 100173049 was registered on 28 Feb 2018.
- Charges
A charge with Others of Rs. 1,515.17 Cr registered on 12 Feb 2015 with Charge ID 10551645 was modified on 28 Feb 2018.
Recent News, Updates & Announcement
- Banks invoke S4A to recast Patel Engineering’s Rs2,963.5 crore debt | Mint.
Under the S4A norms, Patel Engineering's debt of Rs2,963.5 crore will be categorized into two partsRs1,724 crore of sustainable and Rs1,239.5 crore of unsustainable debt.
- Eight Capital asks Patel Engineering’s lenders to convert debt into NCDs | Mint.
In turn, Eight Capital has offered to pay the banks 7% interest every time Patel Engineering’s receivables get converted into cash.
- Patel Eng's director Sunil Shinde resigns.
Patel Engineering has informed the Exchange regarding Resignation of Mr Sunil Shinde as Whole Time Director and Chief Executive Officer of the company w.e.f. June 02, 2017..
- Essel Infra buys 2 road assets from KNR, Patel Engineering for Rs850 crore | Mint.
Patel Engineering and KNR Constructions will sell their entire equity stake in two annuity-based BOT projects to Essel Infra.
Frequently asked questions
What is the Incorporation or founding date of Patel Energy Resources Limited?
Patel Energy Resources Limited was incorporated on 19 Feb 2008.
What is authorized share capital and paid-up capital of Patel Energy Resources Limited?
The authorized share capital of Patel Energy Resources Limited is ₹ 500.00 Cr and paid-up capital is ₹ 412.89 Cr.
Who are the current board members & directors of Patel Energy Resources Limited?
Currently 6 directors are associated with Patel Energy Resources Limited.
- Waseem Abdul Mohammed
- Kavita Sanjiv Shirvaikar
- Sunil Dhananjay Sapre
- Rahul Agarwal
- Priti Rasik Patel
- Ramasubramanian Kuppusubramanian
What is the registered address of Patel Energy Resources Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Patel Energy Resources Limited is Door No.8-2-293/82/A/76 Third Floor Road No.9A, Jubilee Hills India, Hyderabad, Telangana, 500033.
What is the corporate identification number (CIN) and company number of Patel Energy Resources Limited?
The corporate identification number (CIN) of Patel Energy Resources Limited is U40102TG2008PLC073509 and the company number is 073509 as per Ministry of Corporate Affairs (MCA).
What is the official website of Patel Energy Resources Limited?
The Official website of Patel Energy Resources Limited is https://www.pateleng.com
What has been the recent revenue trend for Patel Energy Resources Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Patel Energy Resources Limited has fallen by -99.84%.
What change has been observed in the net worth of Patel Energy Resources Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Patel Energy Resources Limited has experienced an upsurge of 0.01%.
What are the total open charges for Patel Energy Resources Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Patel Energy Resources Limited amount to ₹ 1,906.62 Cr.
When was the last Balance Sheet of Patel Energy Resources Limited filed with the ROC?
The most recent Balance Sheet for Patel Energy Resources Limited was filed with the ROC on 31 Mar 2021.
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