Patil Electric Works Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.41 Cr
- Company Age 21 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.52 Cr
- Satisfied Charges ₹ 6.36 Cr
- Revenue Growth 7.45%
- Profit Growth 45.50%
- Ebitda 61.64%
- Net Worth 0.36%
- Total Assets 16.75%
About Patil Electric Works
Patil Electric Works Private Limited (PEWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 June 2003 and has a history of 21 years and eight months. Its registered office is in Dharwad, Karnataka, India.
The Corporate was formerly known as Patit Electric Works Private Limited. 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 1.50 Cr and a paid-up capital of Rs 1.41 Cr.
The company currently has active open charges totaling ₹2.52 Cr. The company has closed loans amounting to ₹6.36 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prasad Patil, Ashwini Patil, and Ramesh Patil serve as directors at the Company.
Company Details
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Location
Dharwad, Karnataka, 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
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CIN/LLPIN
U31103KA2003PTC032058
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Company No.
032058
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
05 Jun 2003
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Patil Electric Works Private Limited offer?
Patil Electric Works Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Starters, Electrical Panels & Distribution Box, Electrical Distribution System, Industrial Control Panel, Electric Control Panel.
Who are the key members and board of directors at Patil Electric Works?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prasad Patil
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Director | 01-Apr-2005 | Current |
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Ashwini Patil
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Director | 01-Apr-2007 | Current |
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Ramesh Patil
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Director | 09-May-2024 | Current |
Financial Performance of Patil Electric Works.
Patil Electric Works Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.45% increase. The company also saw a substantial improvement in profitability, with a 45.5% increase in profit. The company's net worth moved up by a moderate rise of 0.36%.
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What is the Ownership and Shareholding Structure of Patil Electric Works?
In 2023, Patil Electric Works had a promoter holding of 100.00%. 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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Spotter Mobility Solutions Private LimitedPrasad Patil is a mutual person
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Abslon Engineering Private LimitedPrasad Patil and Ashwini Patil are mutual person
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Viraaj Nxgen Systems Private LimitedPrasad Patil is a mutual person
Charges (Loans)
₹2.52 Cr
₹6.36 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 2.38 Cr
- Others : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2024 | Others | ₹1.35 M | Open |
| 12 Nov 2020 | State Bank Of India | ₹2.38 Cr | Open |
| 21 Nov 2017 | Karnataka State Financial Corporation | ₹5.00 M | Satisfied |
| 25 Aug 2014 | The Shamrao Vithal Co-Operative Bank Limited | ₹3.26 Cr | Satisfied |
| 27 Apr 2012 | The Shamrao Vithal Co-Operative Bank Limited | ₹8.34 M | Satisfied |
How Many Employees Work at Patil Electric Works?
Patil Electric Works has a workforce of 58 employees as of Apr 09, 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 Patil Electric Works, 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 Patil Electric Works'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.
