Patel Engineering Limited

Construction company specializing in dams, bridges, tunnels, roads, and other civil engineering projects.

1949 | Mumbai, Maharashtra (India) | Active
Last Updated:

Patel Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1,075.43 Cr
  • Paid Up Capital ₹ 77.36 Cr
  • Company Age 75 Year, 11 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 11 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

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L99999MH1949PLC007039

  • Company No.

    007039

  • Stock Symbol

    BSE : 531120 NSE : PATELENG

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 1949

  • Date of AGM

    08 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Infrastructure and Utilities

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)

NameDesignationAppointment DateStatus
Rupen Patel Country flag representing In Managing Director01-Sep-2009Current
Shobha Shetty Company SecretaryCurrent
Kavita Shirvaikar Country flag representing In CFOCurrent

Board Members (6)

NameDesignationAppointment DateStatus
Shambhu Singh Country flag representing In Director 01-Mar-2023Current
Ashwin Parmar Country flag representing In Director 01-Apr-2014Current
Sunanda Rajendran Country flag representing In Director 24-Mar-2022Current
Ramasubramanian Kuppusubramanian Country flag representing In Director 10-Nov-2014Current
Kavita Shirvaikar Country flag representing In Whole-Time Director and Cfo 01-Apr-2017Current
Tirth Singh Country flag representing In 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%.

Patel Engineering revenue growth over time
Patel Engineering 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
25.26%
Revenue from Operations
26.07%
Total Assets
2.46%
Profit or Loss
196.28%
Net Worth
11.85%
EBITDA
18.01%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15,039.45 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
02 Mar 2024Others₹2.03 CrOpen
03 Feb 2024Others₹5.95 CrOpen
22 Dec 2023Others₹3.26 CrOpen
08 Dec 2023Others₹2.86 MOpen
08 Dec 2023Others₹2.83 MOpen

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.

Employee growth trends for Patel Engineering Limited

Deals i

Graph showing company valuation over time

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

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 Patel Engineering

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.03 Cr with Charge ID 100888299 was registered on 02 Mar 2024.

  • Charges

    A charge with Others of Rs. 58.11 Cr registered on 27 Jan 2023 with Charge ID 100668002 was modified on 21 Feb 2024.

  • Charges

    A charge with Others amounted to Rs. 5.95 Cr with Charge ID 100867227 was registered on 03 Feb 2024.

  • Charges

    A charge with Others amounted to Rs. 3.26 Cr with Charge ID 100844297 was registered on 22 Dec 2023.

  • Charges

    A charge with Others amounted to Rs. 0.29 Cr with Charge ID 100834619 was registered on 08 Dec 2023.

  • Charges

    A charge with Others amounted to Rs. 0.28 Cr with Charge ID 100835929 was registered on 08 Dec 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Patel Engineering Limited?

    Patel Engineering Limited was incorporated on 02 Apr 1949.

  • What is authorized share capital and paid-up capital of Patel Engineering Limited?

    The authorized share capital of Patel Engineering Limited is ₹ 1,075.43 Cr and paid-up capital is ₹ 77.36 Cr.

  • Who are the current board members & directors of Patel Engineering Limited?

    Currently 9 directors are associated with Patel Engineering Limited.

    • Rupen Pravinbhai Patel
    • Ashwin Ramanlal Parmar
    • Sunanda Rajendran
    • Shambhu Singh
    • Ramasubramanian Kuppusubramanian
    • Kavita Sanjiv Shirvaikar
    • Tirth Nath Singh
    • Shobha Ranjit Shetty
    • Kavita Sanjiv Shirvaikar

  • What is the registered address of Patel Engineering Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Patel Engineering Limited is Patel Estates V Road Jogeshwari (West) India, Mumbai, Maharashtra, 400102.

  • What is the corporate identification number (CIN) and company number of Patel Engineering Limited?

    The corporate identification number (CIN) of Patel Engineering Limited is L99999MH1949PLC007039 and the company number is 007039 as per Ministry of Corporate Affairs (MCA).

  • Is Patel Engineering Limited registered with any stock exchange in India?

    Yes, Patel Engineering Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PATELENG.

  • What is the official website of Patel Engineering Limited?

    The Official website of Patel Engineering Limited is https://www.pateleng.com

  • What has been the recent revenue trend for Patel Engineering Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Patel Engineering Limited has risen by 25.26%.

  • How many employees does Patel Engineering Limited currently have?

    As Per 2023 financial reports, 5116 employees are currently employed by Patel Engineering Limited.

  • What change has been observed in the net worth of Patel Engineering Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Patel Engineering Limited has experienced an upsurge of 11.85%.

  • What are the total open charges for Patel Engineering Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Patel Engineering Limited amount to ₹ 15,039.45 Cr.

  • When was the last Balance Sheet of Patel Engineering Limited filed with the ROC?

    The most recent Balance Sheet for Patel Engineering Limited was filed with the ROC on 31 Mar 2023.

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