Pethe Engineering Private Limited

Manufactures electromagnetic clutches/brakes and related products for clients in various industries.

1973 | Mumbai, Maharashtra (India) | Active
Last Updated: December 08, 2024

Pethe Engineering Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.35 M
  • Company Age 51 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.63 M
  • Revenue Growth 27.58%
  • Profit Growth 81.50%
  • Ebitda -50.10%
  • Net Worth 71.79%
  • Total Assets -2.64%

About Pethe Engineering

Pethe Engineering Private Limited (PEPL) was founded in India on 17 November 1973 and has a glorious history of 51 years and two months.Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Automotive 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 0.50 M and a paid-up capital of Rs 0.35 M.

The company has closed loans amounting to ₹2.63 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Bhalchandra Pethe, Ashwin Pethe, and Amar Pethe serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pethe.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24100MH1973PTC017014

  • Company No.

    017014

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Nov 1973

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Pethe Engineering Private Limited offer?

Pethe Engineering Private Limited offers a wide range of products and services, including Brakes & Braking Systems, Crane Brake, AC Brake, Industrial Disc Brakes, Clutch Brake Combination Unit, Mechanical Clutches, Electromagnetic Clutches, Electromagnetic Brakes, Electric Motors and Components, Industrial Motors.

Who are the key members and board of directors at Pethe Engineering?

Executive Team (1)

Name Designation Appointment Date Status
Amar Pethe Country flag representing In Managing Director 01-Sep-1999 Current

Board Members (2)

Name Designation Appointment Date Status
Bhalchandra Pethe Country flag representing In Whole-Time Director 17-Nov-1973 Current
Ashwin Pethe Country flag representing In Director 01-Oct-2005 Current

Financial Performance of Pethe Engineering.

Pethe Engineering Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 27.58% increase. The company also saw a substantial improvement in profitability, with a 81.5% increase in profit. The company's net worth Soared by an impressive increase of 71.79%.

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
27.58%
Revenue from Operations
27.59%
Total Assets
-2.64%
Profit or Loss
81.50%
Net Worth
71.79%
EBITDA
-50.10%

What is the Ownership and Shareholding Structure of Pethe Engineering?

In 2019, Pethe Engineering had a promoter holding of 48.88% and a public holding of 51.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2.63 M

Charges Breakdown by Lending Institutions

  • Bank Of Maharashtrsa : 0.20 Cr
  • Bank Of India : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
27 Nov 2004 Bank Of Maharashtrsa ₹2.00 M Satisfied
06 Mar 1991 Bank Of India ₹0.09 M Satisfied
06 Mar 1991 Bank Of India ₹0.09 M Satisfied
02 May 1977 Bank Of India ₹0.30 M Satisfied
08 Feb 1974 Bank Of India ₹0.08 M Satisfied

How Many Employees Work at Pethe Engineering?

Pethe Engineering has a workforce of 29 employees as of Apr 06, 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 Pethe Engineering, 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 Pethe Engineering'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 Pethe Engineering

Recent activity within the organization

  • Annual General Meeting

    Pethe Engineering Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Balance Sheet

    Pethe Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 06 Mar 1991 via Charge ID 90236919 with Bank Of India was fully satisfied on 10 Jan 2018.

    10 Jan 2018

  • Charges

    A charge registered on 06 Mar 1991 via Charge ID 90239599 with Bank Of India was fully satisfied on 10 Jan 2018.

    10 Jan 2018

  • Charges

    A charge registered on 02 May 1977 via Charge ID 90233002 with Bank Of India was fully satisfied on 10 Jan 2018.

    10 Jan 2018

  • Charges

    A charge registered on 08 Feb 1974 via Charge ID 90236541 with Bank Of India was fully satisfied on 10 Jan 2018.

    10 Jan 2018

Frequently asked questions

  • Pethe Engineering Private Limited was incorporated on 17 Nov 1973.

  • The authorized share capital of Pethe Engineering Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.35 M.

  • Currently 3 directors are associated with Pethe Engineering Private Limited.

    • Bhalchandra Waman Pethe
    • Ashwin Bhalchandra Pethe
    • Amar Bhalchandra Pethe
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pethe Engineering Private Limited is Pethe Building J.S.S. Road, Girgaon India, Mumbai, Maharashtra, 400004.

  • The corporate identification number (CIN) of Pethe Engineering Private Limited is U24100MH1973PTC017014 and the company number is 017014 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pethe Engineering Private Limited is https://www.pethe.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Pethe Engineering Private Limited has risen by 27.58%.

  • As Per 2022 financial reports, 29 employees are currently employed by Pethe Engineering Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Pethe Engineering Private Limited has experienced an upsurge of 71.79%.

  • The most recent Balance Sheet for Pethe Engineering Private Limited was filed with the ROC on 31 Mar 2024.