Petronet Mhb Limited

Transporting petroleum products through underground pipeline in Karnataka.

1998 | Bengaluru, Karnataka (India) | Active
Last Updated:

Petronet Mhb Profile

Key Indicators

  • Authorised Capital ₹ 600.00 Cr
  • Paid Up Capital ₹ 548.71 Cr
  • Company Age 26 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 315.07 Cr
  • Revenue Growth 31.31%
  • Profit Growth 40.53%
  • Ebitda 46.01%
  • Net Worth 0.70%
  • Total Assets 0.98%

About Petronet Mhb

Petronet Mhb Limited (PML) is a leading Public Limited Union Government Company incorporated in India on 31 July 1998 and has a history of 26 years and seven months. Its registered office is in Bengaluru, Karnataka.

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 2023. It's a company limited by shares with an authorized capital of Rs 600.00 Cr and a paid-up capital of Rs 548.71 Cr.

The company has closed loans amounting to ₹315.07 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Petronet Mhb Limited India are Chandan Das as CFO and Sachin Jayaswal as Company Secretary. Goud Sridhar, Subodh Batra, Anuj Jain, and Five other members serve as directors at the Company.

Company Details

  • Location Bengaluru, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    petronetmhbl.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1998GOI024020

  • Company No.

    024020

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    31 Jul 1998

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

Who are the key members and board of directors at Petronet Mhb?

Executive Team (2)

NameDesignationAppointment DateStatus
Chandan Das CFO16-May-2014Current
Sachin Jayaswal Company Secretary09-Jul-2007Current

Board Members (8)

NameDesignationAppointment DateStatus
Goud Sridhar Country flag representing In Additional Director 13-Jun-2024Current
Subodh Batra Country flag representing In Director 01-Apr-2022Current
Anuj Jain Country flag representing In Director 05-Apr-2022Current
Mundkur Kamath Country flag representing In Director 29-Mar-2023Current
Ramesh Ramasamy Country flag representing In Director 05-Sep-2023Current
Pinky Rai Country flag representing In Additional Director 25-Apr-2024Current

Financial Performance of Petronet Mhb.

Petronet Mhb Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.31% increase. The company also saw a substantial improvement in profitability, with a 40.53% increase in profit. The company's net worth moved up by a moderate rise of 0.7%.

Petronet Mhb revenue growth over time
Petronet Mhb 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
31.31%
Revenue from Operations
37.68%
Total Assets
0.98%
Profit or Loss
40.53%
Net Worth
0.70%
EBITDA
46.01%

What is the Ownership and Shareholding Structure of Petronet Mhb?

In 2023, Petronet Mhb had a promoter holding of 99.99% and a public holding of 0.01%. 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

₹315.07 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 164.44 Cr
  • Idbi Trusteeship Services Limited : 150.63 Cr

Latest Charge Details

DateLenderAmountStatus
12 Dec 2007Idbi Trusteeship Services Limited₹150.63 CrSatisfied
08 Jan 2004Union Bank Of India₹164.44 CrSatisfied

How Many Employees Work at Petronet Mhb?

Petronet Mhb has a workforce of 35 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.

Employee growth trends for Petronet Mhb Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Petronet Mhb, 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 Petronet Mhb'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 Petronet Mhb

Recent activity within the organization

  • Director Appointment

    Goud C Sridhar was appointed as a Additional Director was appointed as a Additional Director on 13 Jun 2024 & has been associated with this company since 8 months 18 days .

  • Director Appointment

    Sudhir Kumar was appointed as a Additional Director was appointed as a Additional Director on 13 Jun 2024 & has been associated with this company since 8 months 18 days .

  • Director Appointment

    Neeraj Lal was appointed as a Additional Director was appointed as a Additional Director on 10 May 2024 & has been associated with this company since 9 months 22 days .

  • Director Appointment

    Pinky Rai was appointed as a Additional Director was appointed as a Additional Director on 25 Apr 2024 & has been associated with this company since 10 months 6 days .

  • Annual General Meeting

    Petronet Mhb Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Petronet Mhb Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

Frequently asked questions

  • What is the Incorporation or founding date of Petronet Mhb Limited?

    Petronet Mhb Limited was incorporated on 31 Jul 1998.

  • What is authorized share capital and paid-up capital of Petronet Mhb Limited?

    The authorized share capital of Petronet Mhb Limited is ₹ 600.00 Cr and paid-up capital is ₹ 548.71 Cr.

  • Who are the current board members & directors of Petronet Mhb Limited?

    Currently 10 directors are associated with Petronet Mhb Limited.

    • Goud C Sridhar
    • Subodh Batra
    • Anuj Kumar Jain
    • Mundkur Shyamprasad Kamath
    • Ramesh Ramasamy
    • Pinky Rai
    • Neeraj Lal
    • Sudhir Kumar
    • Chandan Kumar Das
    • Sachin Jayaswal

  • What is the registered address of Petronet Mhb Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Petronet Mhb Limited is Corporate Miller 2Nd Floor Block B 332/1 Thimmaiah Road, Vasanth Nagar India, Bengaluru, Karnataka, 560052.

  • What is the corporate identification number (CIN) and company number of Petronet Mhb Limited?

    The corporate identification number (CIN) of Petronet Mhb Limited is U85110KA1998GOI024020 and the company number is 024020 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Petronet Mhb Limited?

    The Official website of Petronet Mhb Limited is https://www.petronetmhbl.com

  • What has been the recent revenue trend for Petronet Mhb Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Petronet Mhb Limited has risen by 31.31%.

  • How many employees does Petronet Mhb Limited currently have?

    As Per 2023 financial reports, 35 employees are currently employed by Petronet Mhb Limited.

  • What change has been observed in the net worth of Petronet Mhb Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Petronet Mhb Limited has experienced an upsurge of 0.70%.

  • When was the last Balance Sheet of Petronet Mhb Limited filed with the ROC?

    The most recent Balance Sheet for Petronet Mhb Limited was filed with the ROC on 31 Mar 2023.

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