Petron Engineering Construction Limited

Specializes in mechanical work for oil and gas, power, and cement industries on EPC basis.

1976 | Mumbai, Maharashtra (India) | Under Liquidation
Last Updated: April 21, 2024

Petron Engineering Construction Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.54 Cr
  • Company Age 48 Year, 7 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 323.68 Cr
  • Satisfied Charges ₹ 860.35 Cr
  • Revenue Growth -18.91%
  • Profit Growth -409.92%
  • Ebitda -88.17%
  • Net Worth -8.16%
  • Total Assets -12.47%

About Petron Engineering Construction

Petron Engineering Construction Limited (PECL) is Under Liquidation company established on 19 Jul 1976 with its office registered at Mumbai, Maharashtra, India and has been running since 48 Year, 7 Months with a paid up capital of 7.54 Cr. According to MCA records, 2 Directors and 2 Signatories are linked to this company as of 21 Apr 2024.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    petronengineering.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L45202MH1976PLC019135

  • Company No.

    019135

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1976

  • Date of AGM

    28 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Engineering

What products or services does Petron Engineering Construction Limited offer?

Petron Engineering Construction Limited offers a wide range of products and services, including Electrical & Signaling Contractors, Power Engineering Service, Oil Mill & Oil Extraction Machinery, Oil Production Plant, Chemical Plants & Machinery, Petrochemical Refineries, Insulators & Insulation Materials, Sandwich Panels, Industrial Construction Service, Plant Construction.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Himanshu Mohapatra CFO01-Jan-2015Current
Manoj Gaur Country flag representing In Managing Director01-Nov-2017Current
Rashmi Patkar Country flag representing In Company Secretary12-May-2017Current

Board Members (1)

NameDesignationAppointment DateStatus
Sanjay Jain Country flag representing In Director 30-Jul-2013Current

Financial Performance of Petron Engineering Construction.

Petron Engineering Construction Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 18.91% decrease. The company also saw a substantial fall in profitability, with a 409.92% decrease in profit. The company's net worth dipped by a decrease of 8.16%.

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
-18.91%
Revenue from Operations
-18.34%
Total Assets
-12.47%
Profit or Loss
-409.92%
Net Worth
-8.16%
EBITDA
-88.17%

What is the Ownership and Shareholding Structure of Petron Engineering Construction?

In 2017, Petron Engineering Construction had a promoter holding of 72.47% and a public holding of 27.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹323.68 Cr

Satisfied Charges

₹860.35 Cr

Charges Breakdown by Lending Institutions

  • Others : 202.66 Cr
  • The Karur Vysya Bank Limited : 50.00 Cr
  • Axis Bank Limited : 41.00 Cr
  • Icici Bank Limited : 24.50 Cr
  • Srei Equipment Finance Private Limited : 5.51 Cr

Latest Charge Details

DateLenderAmountStatus
11 Mar 2013The Karur Vysya Bank Limited₹50.00 CrOpen
15 Jun 2012Srei Equipment Finance Private Limited₹5.48 MOpen
04 May 2012Icici Bank Limited₹24.50 CrOpen
15 Mar 2012Srei Equipment Finance Private Limited₹1.68 CrOpen
24 Sep 2010Axis Bank Limited₹41.00 CrOpen

How Many Employees Work at Petron Engineering Construction?

Petron Engineering Construction has a workforce of 70 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 Petron Engineering Construction, 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 Petron Engineering Construction'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 Petron Engineering Construction

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 24.11 Cr registered on 07 Sep 2010 with Charge ID 10241707 was modified on 17 Oct 2018.

    17 Oct 2018

  • Charges

    A charge with Others of Rs. 178.55 Cr registered on 17 Feb 2009 with Charge ID 10145364 was modified on 17 Oct 2018.

    17 Oct 2018

  • Director Appointment

    Manoj Kumar Gaur was appointed as a Managing Director was appointed as a Managing Director on 01 Nov 2017 & has been associated with this company since 7 years 3 months .

    01 Nov 2017

  • Annual General Meeting

    Petron Engineering Construction Limited last Annual general meeting of members was held on 28 Sep 2017 as per latest MCA records.

    28 Sep 2017

  • Director Appointment

    Rashmi Patkar was appointed as a Company Secretary was appointed as a Company Secretary on 12 May 2017 & has been associated with this company since 7 years 9 months .

    12 May 2017

  • Balance Sheet

    Petron Engineering Construction Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.

    31 Mar 2017

Frequently asked questions

  • Petron Engineering Construction Limited was incorporated on 19 Jul 1976.

  • The authorized share capital of Petron Engineering Construction Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.54 Cr.

  • Currently 4 directors are associated with Petron Engineering Construction Limited.

    • Himanshu Mohapatra
    • Sanjay Jain
    • Manoj Kumar Gaur
    • Rashmi Patkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Petron Engineering Construction Limited is Swastik Chambers 6Th Floorsion Trombay Road, Chembur, Mumbai, Maharashtra, India, 400071.

  • The corporate identification number (CIN) of Petron Engineering Construction Limited is L45202MH1976PLC019135 and the company number is 019135 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Petron Engineering Construction Limited is https://www.petronengineering.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Petron Engineering Construction Limited has fallen by -18.91%.

  • As Per 2017 financial reports, 70 employees are currently employed by Petron Engineering Construction Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Petron Engineering Construction Limited has experienced an downturn of -8.16%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Petron Engineering Construction Limited amount to ₹ 323.68 Cr.

  • The most recent Balance Sheet for Petron Engineering Construction Limited was filed with the ROC on 31 Mar 2017.

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