Petronet Mhb Limited

Transporting petroleum products through underground pipeline in Karnataka.

1998 | Bengaluru, Karnataka (India) | Active
Last Updated: June 16, 2024

Petronet Mhb Profile

Key Indicators

  • Authorised Capital ₹ 600.00 Cr
  • Paid Up Capital ₹ 548.71 Cr
  • Company Age 26 Year, 6 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 six months. Its registered office is in Bengaluru, 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 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. Pinky Rai, Ramesh Ramasamy, Mundkur Kamath, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bengaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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 (3)

NameDesignationAppointment DateStatus
Chandan Das CFO16-May-2014Current
Sachin Jayaswal Company Secretary09-Jul-2007Current
Mukundan Mukhami Country flag representing In Managing Director01-Jun-2021Current

Board Members (6)

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

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%.

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
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.

Graph showing employee growth trends

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

    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 9 months 7 days .

    25 Apr 2024

  • Annual General Meeting

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

    22 Sep 2023

  • Director Appointment

    Ramesh Ramasamy was appointed as a Director was appointed as a Director on 05 Sep 2023 & has been associated with this company since 1 year 4 months .

    05 Sep 2023

  • Director Appointment

    Pankaj Kumar was appointed as a Director was appointed as a Director on 01 Jun 2023 & has been associated with this company since 1 year 8 months .

    01 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 12 Dec 2007 via Charge ID 10078765 with Idbi Trusteeship Services Limited was fully satisfied on 21 Dec 2018.

    21 Dec 2018

Frequently asked questions

  • Petronet Mhb Limited was incorporated on 31 Jul 1998.

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

  • Currently 9 directors are associated with Petronet Mhb Limited.

    • Chandan Kumar Das
    • Sachin Jayaswal
    • Pinky Rai
    • Ramesh Ramasamy
    • Mundkur Shyamprasad Kamath
    • Subodh Batra
    • Pankaj Kumar
    • Mukundan Venkatesha Mukhami
    • Anuj Kumar Jain
  • 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, Bengaluru, Karnataka, India, 560052.

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

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

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

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

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

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

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