Portech Engineering Private Limited

Provides installation services for electrical machinery and apparatus, acts as consultant for turnkey projects.

2016 | Thane, Maharashtra (India) | Active
Last Updated: November 15, 2024

Portech Engineering Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 9 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.37 Cr
  • Revenue Growth 96.78%
  • Profit Growth 217.57%
  • Ebitda 169.67%
  • Net Worth 13.18%
  • Total Assets 87.90%

About Portech Engineering

Portech Engineering Private Limited (PEPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 January 2016 (Nine years and one month 0 days old ). Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Engineering 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 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹2.37 Cr.

Joel Abraham, Rasmita Panda, Mausumi Bandyopadhyay, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2016PTC271844

  • Company No.

    271844

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jan 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering

What products or services does Portech Engineering Private Limited offer?

Portech Engineering Private Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Project Report Services, Repair & Maintenance Services, Elevator Servicing, Plant Design & Installation Services, Commissioning Services.

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

Board Members (5)

Name Designation Appointment Date Status
Joel Abraham Country flag representing In Additional Director 14-Aug-2020 Current
Rasmita Panda Country flag representing In Director 18-Jul-2017 Current
Mausumi Bandyopadhyay Country flag representing In Director 08-Jan-2016 Current
Shyamal Bandyopadhyay Country flag representing In Director 18-Jul-2017 Current
Monica Sigar Country flag representing In Director 18-Jul-2017 Current

Financial Performance of Portech Engineering.

Portech Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 96.78% increase. The company also saw a substantial improvement in profitability, with a 217.57% increase in profit. The company's net worth Soared by an impressive increase of 13.18%.

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
96.78%
Revenue from Operations
97.58%
Total Assets
87.90%
Profit or Loss
217.57%
Net Worth
13.18%
EBITDA
169.67%

What is the Ownership and Shareholding Structure of Portech Engineering?

In 2023, Portech Engineering had a promoter holding of 42.00% and a public holding of 58.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.37 Cr

Latest Charge Details

Date Lender Amount Status
04 Nov 2024 Others ₹1.12 Cr Open
13 Dec 2019 Others ₹1.25 Cr Open

How Many Employees Work at Portech Engineering?

Portech Engineering has a workforce of 85 employees as of Apr 05, 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 Portech 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 Portech 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 Portech Engineering

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 11.20 M with Charge ID 100996149 was registered on 04 Nov 2024.

    04 Nov 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 12.50 M registered on 13 Dec 2019 with Charge ID 100327125 was modified on 04 Jul 2024.

    04 Jul 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Joel John Kirupakaran Isaac Abraham was appointed as a Additional Director was appointed as a Additional Director on 14 Aug 2020 & has been associated with this company since 4 years 5 months .

    14 Aug 2020

  • Charges

    A charge with Others amounted to Rs. 12.50 M with Charge ID 100327125 was registered on 13 Dec 2019.

    13 Dec 2019

Frequently asked questions

  • Portech Engineering Private Limited was incorporated on 08 Jan 2016.

  • The authorized share capital of Portech Engineering Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 5 directors are associated with Portech Engineering Private Limited.

    • Joel John Kirupakaran Isaac Abraham
    • Rasmita Panda
    • Mausumi Bandyopadhyay
    • Shyamal Narendranath Bandyopadhyay
    • Monica Sigar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Portech Engineering Private Limited is B - 602 Shelter Arcade Plot No. 26 Sector 42, Nerul India, Navi Mumbai, Maharashtra, 400706.

  • The corporate identification number (CIN) of Portech Engineering Private Limited is U74999MH2016PTC271844 and the company number is 271844 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Portech Engineering Private Limited is https://www.portech.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Portech Engineering Private Limited has risen by 96.78%.

  • As Per 2023 financial reports, 85 employees are currently employed by Portech Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Portech Engineering Private Limited has experienced an upsurge of 13.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Portech Engineering Private Limited amount to ₹ 2.37 Cr.

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

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