Patels Airtemp (India) Limited

Manufacturer of capital goods and HVAC projects for various industries.

1992 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Patels Airtemp (India) Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.47 Cr
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 279.07 Cr
  • Satisfied Charges ₹ 57.45 Cr
  • Revenue Growth -7.08%
  • Profit Growth -9.78%
  • Ebitda 6.52%
  • Net Worth 17.16%
  • Total Assets 26.77%

About Patels Airtemp (India)

Patels Airtemp (India) Limited (PAIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 June 1992 and has a history of 32 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 517417.

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 7.00 Cr and a paid-up capital of Rs 5.47 Cr.

The company currently has active open charges totaling ₹279.07 Cr. The company has closed loans amounting to ₹57.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Patels Airtemp (India) Limited India are Kamlesh Shah as CFO and Nikhil Patel as Company Secretary. Sanjiv Patel, Naimish Patel, Apurva Shah, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29190GJ1992PLC017801

  • Company No.

    017801

  • Stock Symbol

    BSE : 517417

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 1992

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Patels Airtemp (India) Limited offer?

Patels Airtemp (India) Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Heat Exchangers, Industrial Air Conditioner & Devices, Industrial Humidifier, Refrigeration Spares, Air Cooled Heat Exchangers, Inverter Air Conditioners, Window Inverter AC, Window Air Conditioner, O General Window Air Conditioner.

Company report

Patels Airtemp (India) Limited

Explore comprehensive data for Patels Airtemp (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Patels Airtemp (India)?

Executive Team (3)

NameDesignationAppointment DateStatus
Sanjiv Patel Country flag representing In Managing Director30-Sep-2009Current
Kamlesh Shah Country flag representing In CFO09-Aug-2014Current
Nikhil Patel Country flag representing In Company Secretary13-Feb-2016Current

Board Members (5)

NameDesignationAppointment DateStatus
Rajendrakumar Patel Country flag representing In Director 10-Aug-2019Current
Naimish Patel Country flag representing In Director 12-Aug-2023Current
Apurva Shah Country flag representing In Whole-Time Director 11-Aug-2018Current
Shivang Patel Country flag representing In Whole-Time Director 01-Jun-2019Current
Vinaben Patel Country flag representing In Director 30-Mar-2015Current

Financial Performance of Patels Airtemp (India).

Patels Airtemp (India) Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.08% decrease. The company also saw a slight decrease in profitability, with a 9.78% decrease in profit. The company's net worth Soared by an impressive increase of 17.16%.

Patels Airtemp (India) revenue growth over time
Patels Airtemp (India) 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
-7.08%
Revenue from Operations
-7.17%
Total Assets
26.77%
Profit or Loss
-9.78%
Net Worth
17.16%
EBITDA
6.52%

What is the Ownership and Shareholding Structure of Patels Airtemp (India)?

In 2023, Patels Airtemp (India) had a promoter holding of 46.45% and a public holding of 53.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹279.07 Cr

Satisfied Charges

₹57.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 245.92 Cr
  • Bank Of Baroda : 29.90 Cr
  • Axis Bank Limited : 3.25 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jan 2022Axis Bank Limited₹3.25 CrOpen
31 Dec 2021Others₹10.92 CrOpen
17 Jan 2015Bank Of Baroda₹6.00 CrOpen
29 Sep 2014Bank Of Baroda₹7.00 MOpen
18 Jul 2012Bank Of Baroda₹8.50 CrOpen

How Many Employees Work at Patels Airtemp (India)?

Patels Airtemp (India) has a workforce of 194 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 Patels Airtemp (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Patels Airtemp (India), 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 Patels Airtemp (India)'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 Patels Airtemp (India)

Recent activity within the organization

  • Annual General Meeting

    Patels Airtemp (India) Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Patels Airtemp (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Naimish Bhanuprasad Patel was appointed as a Director was appointed as a Director on 12 Aug 2023 & has been associated with this company since 1 year 8 months .

  • Charges

    A charge with Others of Rs. 235.00 Cr registered on 15 Apr 2004 with Charge ID 90103556 was modified on 30 Dec 2022.

  • Charges

    A charge with Axis Bank Limited of Rs. 3.25 Cr registered on 07 Jan 2022 with Charge ID 100527423 was modified on 02 Mar 2022.

  • Charges

    A charge with Others of Rs. 10.92 Cr registered on 31 Dec 2021 with Charge ID 100522961 was modified on 02 Mar 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Patels Airtemp (India) Limited?

    Patels Airtemp (India) Limited was incorporated on 10 Jun 1992.

  • What is authorized share capital and paid-up capital of Patels Airtemp (India) Limited?

    The authorized share capital of Patels Airtemp (India) Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.47 Cr.

  • Who are the current board members & directors of Patels Airtemp (India) Limited?

    Currently 8 directors are associated with Patels Airtemp (India) Limited.

    • Sanjiv Narayanbhai Patel
    • Naimish Bhanuprasad Patel
    • Kamlesh R Shah
    • Apurva Vinubhai Shah
    • Shivang Prakashchandra Patel
    • Vinaben Bhupendra Patel
    • Rajendrakumar Chaturbhai Patel
    • Nikhil Maneklal Patel

  • What is the registered address of Patels Airtemp (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Patels Airtemp (India) Limited is 5Th Floor Kalpana Complex Near Memnagar Fire Sta Navrangpura, India, Ahmedabad, Gujarat, 380009.

  • What is the corporate identification number (CIN) and company number of Patels Airtemp (India) Limited?

    The corporate identification number (CIN) of Patels Airtemp (India) Limited is L29190GJ1992PLC017801 and the company number is 017801 as per Ministry of Corporate Affairs (MCA).

  • Is Patels Airtemp (India) Limited registered with any stock exchange in India?

    Yes, Patels Airtemp (India) Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Patels Airtemp (India) Limited?

    The Official website of Patels Airtemp (India) Limited is https://www.patelsairtemp.com

  • What has been the recent revenue trend for Patels Airtemp (India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Patels Airtemp (India) Limited has fallen by -7.08%.

  • How many employees does Patels Airtemp (India) Limited currently have?

    As Per 2023 financial reports, 194 employees are currently employed by Patels Airtemp (India) Limited.

  • What change has been observed in the net worth of Patels Airtemp (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Patels Airtemp (India) Limited has experienced an upsurge of 17.16%.

  • What are the total open charges for Patels Airtemp (India) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Patels Airtemp (India) Limited amount to ₹ 279.07 Cr.

  • When was the last Balance Sheet of Patels Airtemp (India) Limited filed with the ROC?

    The most recent Balance Sheet for Patels Airtemp (India) Limited was filed with the ROC on 31 Mar 2024.

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