Patel Timbers Limited

Organic manure trading company established in 1988 with registered office in Indore, MP.

1988 | Indore, Madhya Pradesh (India) | Active
Last Updated: October 24, 2024

Patel Timbers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.81 M
  • Company Age 36 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.16 Cr
  • Revenue Growth 1.40%
  • Profit Growth 8.26%
  • Ebitda -10.99%
  • Net Worth 1.22%
  • Total Assets 2.22%

About Patel Timbers

Patel Timbers Limited (PTL) is a Public Limited Indian Non-Government Company incorporated in India on 14 June 1988 and has a history of 36 years and seven months. Its registered office is in Indore, Madhya Pradesh, India.

The Corporate was formerly known as Patel Timbers Private Limited. The Company is engaged in the Agriculture 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 1.00 Cr and a paid-up capital of Rs 9.81 M.

The company currently has active open charges totaling ₹7.16 Cr.

Daxal Patel, Deval Patel, and Kaushal Patel serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U02005MP1988PLC004650

  • Company No.

    004650

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Agriculture

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

Board Members (3)

Name Designation Appointment Date Status
Daxal Patel Country flag representing In Director 14-Jun-1988 Current
Deval Patel Country flag representing In Director 04-Mar-2011 Current
Kaushal Patel Country flag representing In Director 21-May-2014 Current

Financial Performance of Patel Timbers.

Patel Timbers Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.4% increase. The company also saw a slight improvement in profitability, with a 8.26% increase in profit. The company's net worth moved up by a moderate rise of 1.22%.

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
1.40%
Revenue from Operations
-3.35%
Total Assets
2.22%
Profit or Loss
8.26%
Net Worth
1.22%
EBITDA
-10.99%

What is the Ownership and Shareholding Structure of Patel Timbers?

In 2023, Patel Timbers had a promoter holding of 4.17% and a public holding of 95.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.16 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Dena Bank : 3.00 Cr
  • Indusind Bank Limited : 3.00 Cr
  • State Bank Of India Smeccc : 0.85 Cr
  • Madhya Pradesh Financial Corporation : 0.29 Cr
  • Lloyds Finance Ltd. : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
14 Jun 2011 State Bank Of India Smeccc ₹8.55 M Open
25 Sep 1997 Lloyds Finance Ltd. ₹0.21 M Open
10 Apr 1997 Indusind Bank Limited ₹3.00 Cr Open
14 Dec 1995 Dena Bank ₹3.00 Cr Open
15 Mar 1990 Madhya Pradesh Financial Corporation ₹2.89 M Open

How Many Employees Work at Patel Timbers?

Unlock and access historical data on people associated with Patel Timbers, 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 Timbers, 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 Timbers'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 Timbers

Recent activity within the organization

  • Annual General Meeting

    Patel Timbers Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Patel Timbers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Director Appointment

    Kaushal Patel was appointed as a Director was appointed as a Director on 21 May 2014 & has been associated with this company since 10 years 8 months .

    21 May 2014

  • Charges

    A charge with State Bank Of India Smeccc of Rs. 0.85 Cr registered on 14 Jun 2011 with Charge ID 10297647 was modified on 05 Sep 2011.

    05 Sep 2011

  • Charges

    A charge with State Bank Of India Smeccc amounted to Rs. 0.85 Cr with Charge ID 10297647 was registered on 14 Jun 2011.

    14 Jun 2011

  • Director Appointment

    Deval Patel was appointed as a Director was appointed as a Director on 04 Mar 2011 & has been associated with this company since 13 years 11 months .

    04 Mar 2011

Frequently asked questions

  • Patel Timbers Limited was incorporated on 14 Jun 1988.

  • The authorized share capital of Patel Timbers Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.81 M.

  • Currently 3 directors are associated with Patel Timbers Limited.

    • Daxal Ben Patel
    • Deval Patel
    • Kaushal Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patel Timbers Limited is 60 Patel Nagar, Indore India, M.P., Madhya Pradesh, 452001.

  • The corporate identification number (CIN) of Patel Timbers Limited is U02005MP1988PLC004650 and the company number is 004650 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Patel Timbers Limited has risen by 1.40%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Patel Timbers Limited has experienced an upsurge of 1.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Patel Timbers Limited amount to ₹ 7.16 Cr.

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

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