Patel Hydraulics Pvt Ltd

Manufactures hydraulic fittings, hose assemblies, and customized fittings, and is a dealer of Parker and Super Seal.

1991 | Mahesana, Gujarat (India) | Active
Last Updated: December 20, 2024

Patel Hydraulics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 33 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.49 M
  • Satisfied Charges ₹ 2.36 M
  • Revenue Growth -10.01%
  • Profit Growth -47.33%
  • Ebitda -9.09%
  • Net Worth 2.81%
  • Total Assets -47.37%

About Patel Hydraulics

Patel Hydraulics Pvt Ltd (PHPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 July 1991 and has a history of 33 years and seven months. Its registered office is in Mahesana, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹7.49 M. The company has closed loans amounting to ₹2.36 M, as per Ministry of Corporate Affairs (MCA) records.

Surekhaben Patel and Ashokbhai Patel serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29259GJ1991PTC015998

  • Company No.

    015998

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Patel Hydraulics Pvt Ltd offer?

Patel Hydraulics Pvt Ltd offers a wide range of products and services, including Industrial Pipe & Tube Fittings, Gas Pipe Fittings, Metal Pipe & Plumbing Fittings, Stainless Steel Tee, Hoses & Hose Fittings, Pressure Hose, Sheet Metal & Turned Components, Machine Parts, Orthopedic Equipment & Supplies, Orthopedic Trauma Implants.

Who are the key members and board of directors at Patel Hydraulics?

Board Members (2)

NameDesignationAppointment DateStatus
Ashokbhai Patel Country flag representing In Director 16-Nov-1992Current
Surekhaben Patel Country flag representing In Director 01-May-2016Current

Financial Performance of Patel Hydraulics.

Patel Hydraulics Pvt Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 10.01% decrease. The company also saw a substantial fall in profitability, with a 47.33% decrease in profit. The company's net worth moved up by a moderate rise of 2.81%.

Graph illustrating revenue growth over time
Graph showing 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
-10.01%
Revenue from Operations
-14.72%
Total Assets
-47.37%
Profit or Loss
-47.33%
Net Worth
2.81%
EBITDA
-9.09%

What is the Ownership and Shareholding Structure of Patel Hydraulics?

In 2023, Patel Hydraulics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.49 M

Satisfied Charges

₹2.36 M

Charges Breakdown by Lending Institutions

  • Others : 0.65 Cr
  • Gujarat State Financial Corporation : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
21 Sep 2016Others₹1.50 MOpen
24 Jun 2016Others₹5.00 MOpen
13 Jan 1992Gujarat State Financial Corporation₹0.99 MOpen
31 Jan 1995The Mehsana Nagrik Sahkari Bank Ltd.₹0.60 MSatisfied
18 Oct 1993The Mehsana Nagrik Sahkari Bank Ltd.₹0.40 MSatisfied

How Many Employees Work at Patel Hydraulics?

Unlock and access historical data on people associated with Patel Hydraulics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Patel Hydraulics, 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 Hydraulics'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 Hydraulics

Recent activity within the organization

  • Annual General Meeting

    Patel Hydraulics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Patel Hydraulics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100066048 was registered on 21 Sep 2016.

    21 Sep 2016

  • Charges

    A charge registered on 31 Jan 1995 via Charge ID 90112241 with The Mehsana Nagrik Sahkari Bank Ltd. was fully satisfied on 22 Jul 2016.

    22 Jul 2016

  • Charges

    A charge registered on 18 Oct 1993 via Charge ID 90109051 with The Mehsana Nagrik Sahkari Bank Ltd. was fully satisfied on 22 Jul 2016.

    22 Jul 2016

  • Charges

    A charge registered on 17 Oct 1992 via Charge ID 90108933 with The Mehsana Nagrik Sahakari Bank Ltd. was fully satisfied on 22 Jul 2016.

    22 Jul 2016

Frequently asked questions

  • Patel Hydraulics Pvt Ltd was incorporated on 19 Jul 1991.

  • The authorized share capital of Patel Hydraulics Pvt Ltd is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Patel Hydraulics Pvt Ltd.

    • Surekhaben Ashokkumar Patel
    • Ashokbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patel Hydraulics Pvt Ltd is Pl. No.348 Gidc-2 Dediyasan Vill: Gidc Tal:Mehsa Na India, Mahesana, Gujarat, 384002.

  • The corporate identification number (CIN) of Patel Hydraulics Pvt Ltd is U29259GJ1991PTC015998 and the company number is 015998 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Patel Hydraulics Pvt Ltd is https://www.patelhydraulicspvtltd.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Patel Hydraulics Pvt Ltd has fallen by -10.01%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Patel Hydraulics Pvt Ltd has experienced an upsurge of 2.81%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Patel Hydraulics Pvt Ltd amount to ₹ 7.49 M.

  • The most recent Balance Sheet for Patel Hydraulics Pvt Ltd was filed with the ROC on 31 Mar 2024.

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