Punjab Renewable Energy Systems Profile
Key Indicators
- Authorised Capital ₹ 24.00 Cr
as on 04-12-2024
- Paid Up Capital ₹ 9.57 Cr
as on 04-12-2024
- Company Age 13 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 57.50 Cr
as on 04-12-2024
- Satisfied Charges ₹ 116.94 Cr
as on 04-12-2024
- Revenue -42.18%
(FY 2024)
- Profit -0.02%
(FY 2024)
- Ebitda 25.29%
(FY 2024)
- Net Worth -31.05%
(FY 2024)
- Total Assets 4.31%
(FY 2024)
About Punjab Renewable Energy Systems
The Company is engaged in the Environment 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 24.00 Cr and a paid-up capital of Rs 9.57 Cr.
The company currently has active open charges totaling ₹57.50 Cr. The company has closed loans amounting to ₹116.94 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Punjab Renewable Energy Systems Private Limited India is Disha Verma as COMPANY SECRETARY. Shashi Shekhar, Monish Ahuja, Sudhakara Rao, and Two other members serve as directors at the Company.
- CIN/LLPIN
U40300MH2011PTC215235
- Company No.
215235
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Mar 2011
- Date of AGM
29 Oct 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Thane, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Punjab Renewable Energy Systems Private Limited offer?
Punjab Renewable Energy Systems Private Limited offers a wide range of products and services, including Industrial Furnaces & Ovens, Furnace Burners, Coal, Carbon & Charcoal, Coal, Charcoal, Biomass Briquettes, Wood, Plywood, Veneer & Laminates, Wood Fuel, Turnkey Consultants & Solutions, Project Management.
Who are the key members and board of directors at Punjab Renewable Energy Systems?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Monish Ahuja  | Managing Director | 24-Mar-2011 | Current |
| Disha Verma | Company Secretary | 16-Oct-2019 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudhakara Rao | Director | 02-May-2018 | Current |
| Shashi Shekhar | Director | 16-Oct-2019 | Current |
| Jai Shah | Nominee Director | 22-Mar-2024 | Current |
Bartholomeus Suijkerbuijk  | Nominee Director | 06-May-2024 | Current |
Financial Performance and Corporate Structure Insights of Punjab Renewable Energy Systems.
Punjab Renewable Energy Systems Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 42.18% decrease. The company also saw a slight decrease in profitability, with a 0.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 31.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Punjab Renewable Energy Systems?
In 2023, Punjab Renewable Energy Systems had a promoter holding of 31.66% and a public holding of 68.34%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Megha Engineering & Infrastructures LimitedActive 18 years 6 monthsSudhakara Rao is a mutual person
Pres Regenerative Private LimitedActive 3 years 3 monthsShashi Shekhar and Monish Ahuja are mutual person
- Pres Renewable Power Private LimitedActive 5 years
Shashi Shekhar and Monish Ahuja are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 19 Sep 2022 | ₹37.50 Cr | Open |
Hdfc Bank Limited Creation Date: 01 Jul 2021 | ₹20.00 Cr | Open |
Others Creation Date: 30 Jun 2023 | ₹34.35 Cr | Satisfied |
How Many Employees Work at Punjab Renewable Energy Systems?
Punjab Renewable Energy Systems has a workforce of 136 employees as of Dec 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Punjab Renewable Energy Systems, 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 Punjab Renewable Energy Systems's trajectory.
Rating
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
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.
