Patel Engineering Profile
Key Indicators
- Authorised Capital ₹ 1,075.43 Cr
- Paid Up Capital ₹ 77.36 Cr
- Company Age 75 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15,039.45 Cr
- Satisfied Charges ₹ 12,669.51 Cr
- Revenue Growth 25.26%
- Profit Growth 196.28%
- Ebitda 18.01%
- Net Worth 11.85%
- Total Assets 2.46%
About Patel Engineering
Patel Engineering Limited (PEL) was founded in India on 02 April 1949 and has a glorious history of 75 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531120 and on the National Stock Exchange(NSE) under PATELENG.
The Corporate was formerly known as Patel Engineering Co. Ltd. The Company is engaged in the Infrastructure And Utilities 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 1,075.43 Cr and a paid-up capital of Rs 77.36 Cr.
The company currently has active open charges totaling ₹15,039.45 Cr. The company has closed loans amounting to ₹12,669.51 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Patel Engineering Limited India are Shobha Shetty as COMPANY SECRETARY and Kavita Shirvaikar as Cfo. Rupen Patel, Ashwin Parmar, Sunanda Rajendran, and Four other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
Industry
What products or services does Patel Engineering Limited offer?
Patel Engineering Limited offers a wide range of products and services, including Building & Real Estate Developers, Commercial Construction Service, Architecture Planning Services, Urban Development Services, Civil Engineering Service, Infrastructure Engineering, Turnkey Consultants & Solutions, Engineering Project, Railway Line & Tunnel Construction, Road Construction.
Who are the key members and board of directors at Patel Engineering?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rupen Patel
|
Managing Director | 01-Sep-2009 | Current |
| Shobha Shetty | Company Secretary | Current | |
|
Kavita Shirvaikar
|
CFO | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Shambhu Singh
|
Director | 01-Mar-2023 | Current |
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Ashwin Parmar
|
Director | 01-Apr-2014 | Current |
|
Sunanda Rajendran
|
Director | 24-Mar-2022 | Current |
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Ramasubramanian Kuppusubramanian
|
Director | 10-Nov-2014 | Current |
|
Kavita Shirvaikar
|
Whole-Time Director and Cfo | 01-Apr-2017 | Current |
|
Tirth Singh
|
Whole-Time Director | Current |
Financial Performance of Patel Engineering.
Patel Engineering Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.26% increase. The company also saw a substantial improvement in profitability, with a 196.28% increase in profit. The company's net worth Soared by an impressive increase of 11.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Patel Engineering?
In 2023, Patel Engineering had a promoter holding of 39.42% and a public holding of 60.57%. The company had 22 Subsidiaries and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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C.E. Info Systems LimitedShambhu Singh is a mutual person
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Eram Hitech Engineering India Private Limited.Sunanda Rajendran is a mutual person
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Dirang Energy Private LimitedKavita Shirvaikar is a mutual person
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Patel Energy LimitedAshwin Parmar, Ramasubramanian Kuppusubramanian and 1 more are mutual person
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Bellona Estate Developers Limited
Kavita Shirvaikar is a mutual person
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Patel Engineering Infrastructure Limited
Shobha Shetty and Kavita Shirvaikar are mutual person
Charges (Loans)
₹15,039.45 Cr
₹12,669.51 Cr
Charges Breakdown by Lending Institutions
- Others : 12806.59 Cr
- Gda Trusteeship Limited : 1700.00 Cr
- Canara Bank : 131.13 Cr
- Idbi Trusteeship Services Limited : 120.83 Cr
- Idbi Bank Limited : 117.00 Cr
- Others : 163.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Mar 2024 | Others | ₹2.03 Cr | Open |
| 03 Feb 2024 | Others | ₹5.95 Cr | Open |
| 22 Dec 2023 | Others | ₹3.26 Cr | Open |
| 08 Dec 2023 | Others | ₹2.86 M | Open |
| 08 Dec 2023 | Others | ₹2.83 M | Open |
How Many Employees Work at Patel Engineering?
Patel Engineering has a workforce of 5116 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Patel Engineering, 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 Engineering'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.
