Patil Insulating Company Private Limited

Manufactures and deals in electric motor, generator, transformer, and electricity distribution and control apparatus.

1991 | Dharwad, Karnataka (India) | Active
Last Updated: January 02, 2025

Patil Insulating Company Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 34 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.52 M
  • Satisfied Charges ₹ 5.10 M
  • Revenue Growth 65.50%
  • Profit Growth 105.60%
  • Ebitda 141.19%
  • Net Worth 4.49%
  • Total Assets -0.94%

About Patil Insulating Company

Patil Insulating Company Private Limited (PICPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 January 1991 and has a history of 34 years. Its registered office is in Dharwad, Karnataka, India.

The Company is engaged in the Energy And Power 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹6.52 M. The company has closed loans amounting to ₹5.10 M, as per Ministry of Corporate Affairs (MCA) records.

Laxmikant Patil, Laxmi Patil, and Almesh Patil serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26102KA1991PTC011573

  • Company No.

    011573

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

What products or services does Patil Insulating Company Private Limited offer?

Patil Insulating Company Private Limited offers a wide range of products and services, including Electric Circuit Components & Spares, Electronic Appliances Circuit Boards, Industrial Coolers, Blowers & Fans, Cooling Fans, Electrical Panels & Distribution Box, Junction Boxes, Alloy, Metal and Machine Washers, Insulating Washers, Motor Parts, Epoxy Wedges.

Who are the key members and board of directors at Patil Insulating Company?

Executive Team (1)

Name Designation Appointment Date Status
Laxmikant Patil Country flag representing In Managing Director 16-Jan-1991 Current

Board Members (2)

Name Designation Appointment Date Status
Almesh Patil Country flag representing In Director 02-Mar-2016 Current
Laxmi Patil Country flag representing In Director 16-Jan-1991 Current

Financial Performance of Patil Insulating Company.

Patil Insulating Company Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 65.5% increase. The company also saw a substantial improvement in profitability, with a 105.6% increase in profit. The company's net worth moved up by a moderate rise of 4.49%.

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
65.50%
Revenue from Operations
71.11%
Total Assets
-0.94%
Profit or Loss
105.60%
Net Worth
4.49%
EBITDA
141.19%

What is the Ownership and Shareholding Structure of Patil Insulating Company?

In 2021, Patil Insulating Company had a promoter holding of 89.71% and a public holding of 10.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.52 M

Satisfied Charges

₹5.10 M

Charges Breakdown by Lending Institutions

  • Others : 0.41 Cr
  • Central Bank Of India : 0.24 Cr

Latest Charge Details

Date Lender Amount Status
28 Apr 2022 Others ₹4.12 M Open
10 Apr 2014 Central Bank Of India ₹2.40 M Open
12 May 1998 The Shamaro Vithal Co-Operative Bank Limited ₹1.50 M Satisfied
22 Apr 1997 State Bank Of India ₹3.60 M Satisfied

How Many Employees Work at Patil Insulating Company?

Patil Insulating Company has a workforce of 4 employees as of Mar 21, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Patil Insulating Company, 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 Insulating Company'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 Patil Insulating Company

Recent activity within the organization

  • Annual General Meeting

    Patil Insulating Company Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Patil Insulating Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 4.12 M with Charge ID 100571238 was registered on 28 Apr 2022.

    28 Apr 2022

  • Director Appointment

    Almesh Laxmikant Patil was appointed as a Director was appointed as a Director on 02 Mar 2016 & has been associated with this company since 8 years 11 months .

    02 Mar 2016

  • Charges

    A charge registered on 12 May 1998 via Charge ID 90195422 with The Shamaro Vithal Co-Operative Bank Limited was fully satisfied on 20 May 2014.

    20 May 2014

  • Charges

    A charge with Central Bank Of India amounted to Rs. 2.40 M with Charge ID 10490817 was registered on 10 Apr 2014.

    10 Apr 2014

Frequently asked questions

  • Patil Insulating Company Private Limited was incorporated on 16 Jan 1991.

  • The authorized share capital of Patil Insulating Company Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Patil Insulating Company Private Limited.

    • Laxmikant Alagouda Patil
    • Laxmi Laxmikant Patil
    • Almesh Laxmikant Patil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patil Insulating Company Private Limited is Plot No. 7 8 Tarihal Industrial Area, India, Hubli, Karnataka, 580026.

  • The corporate identification number (CIN) of Patil Insulating Company Private Limited is U26102KA1991PTC011573 and the company number is 011573 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Patil Insulating Company Private Limited is https://www.patilinsulating.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Patil Insulating Company Private Limited has risen by 65.50%.

  • As Per 2022 financial reports, 4 employees are currently employed by Patil Insulating Company Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Patil Insulating Company Private Limited has experienced an upsurge of 4.49%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Patil Insulating Company Private Limited amount to ₹ 6.52 M.

  • The most recent Balance Sheet for Patil Insulating Company Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Power Equipment Manufacturers