Petal Enterprises Private Limited
About Petal Enterprises Private Limited
Data last updated:
Petal Enterprises Private Limited was a private limited company based in Ludhiana, Punjab, India, operated as a subsidiary of Lotus Hometextiles Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the agricultural products distribution segment of the agriculture sector. It was incorporated on 31 July 2014.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U52399PB2014PTC038793. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Parmod Kumar Sharma and Davindar Singh Sokhi.
Its last annual general meeting (AGM) was held on 03 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 93 Industrial Area A, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.7 Lakh, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹4.48 Lakh (net margin 78.7%) and EBITDA of ₹5.51 Lakh (EBITDA margin 96.7%). Revenue has grown at a compounded annual rate (CAGR) of 216% over three years and 56% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Petal Enterprises Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered Address93 Industrial Area A, Ludhiana, Punjab, India – 141003
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Petal Enterprises Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Petal Enterprises Private Limited
FY 2023 filings availablePetal Enterprises Private Limited reported revenue of ₹5.7 Lakh (up 37% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 37% growth in the latest year. EBITDA rose 139% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹5.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.48 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.7% | ||||
| Net Profit Margin | 78.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Petal Enterprises Private Limited, buy the company report.
Board of directors of Petal Enterprises Private Limited
Petal Enterprises has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parmod Kumar Sharma Also directs: Citrus Global Enterprises Limited, Creativeline Developers Private Limited, Lotus Corporate Solutions Private Limited and 1 more | Director | 05 Dec 2015 | 10 Years 10 Months | As last reported |
| Davindar Singh Sokhi | Director | 01 Apr 2020 | 6 Years 6 Months | As last reported |
Peer comparison
Petal Enterprises Private Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, Textile Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shrikalhasti Agrotech Producer Company Limited | ₹5.71 Lakh (FY 2025) | 7.0% | Jalna, Maharashtra, India | |||
| Phad and Farmer Producer Company Limited | ₹5.7 Lakh (FY 2024) | 23.0% | Lonar, Maharashtra, India | |||
| Kureshi Farmer Producer Company Limited | ₹5.7 Lakh (FY 2025) | 10.0% | Jalna, Maharashtra, India | |||
| Zee Textile Vareli Pvt Ltd | ₹5.7 Lakh (FY 2025) | -99.0% | Surat Surat, Gujarat, India | |||
| Kalanthar Trading Company Private Limited | ₹5.7 Lakh (FY 2016) | -95.0% | Road, Madras 600 021, Tamil Nadu, India | |||
| Petal Enterprises Private Limitedthis company | ₹5.7 Lakh (FY 2023) | ₹4.48 Lakh | 78.7% | 37.0% | Ludhiana, Punjab, India | |
| Nutrisource India Private Limited | ₹5.69 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Pashupati Advisory Private Limited | ₹5.69 Lakh (FY 2019) | 6.0% | Kolkata, West Bengal, India | |||
| Badaliapada Agro Private Limited | ₹5.69 Lakh (FY 2025) | 28.0% | Kolkata, West Bengal, India | |||
| Sindhikars Agro Producer Company Limited | ₹5.69 Lakh (FY 2025) | 7.0% | Nanded, Maharashtra, India | |||
| Bheemnath Krushi Evam Pashupalan Producer Company Limited | ₹5.69 Lakh (FY 2020) | 6.0% | Barwada, Gujarat, India |
To see the full peer comparison of Petal Enterprises Private Limited, buy the company report.
Auditor
Petal Enterprises Private Limited is audited by K K KAPOOR & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K KAPOOR & ASSOCIATES | FY 2021 | 001013N |
Shareholding
The shareholding of Petal Enterprises Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Petal Enterprises Private Limited, buy the company report.
Legal cases
Petal Enterprises Private Limited has 1 court case on record: 1 filed by Petal Enterprises. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Court case (C.P.(CAA)) | Filed by the company against Creativeline Developers Private Limited | Disposed |
To see the full case history of Petal Enterprises Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Petal Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Petal Enterprises has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Petal Enterprises Private Limited, buy the company report.
Recent activity
Petal Enterprises Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Davindar Singh Sokhi ceased to be Additional Director on 29 Sep 2020.
Frequently asked questions
Petal Enterprises has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Petal Enterprises was a private limited company based in Ludhiana, Punjab, India. The company worked in agro retail and distribution, within the agriculture industry. It was incorporated on 31 July 2014 and is registered under CIN U52399PB2014PTC038793. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Petal Enterprises was incorporated on 31 July 2014. It is registered with the Registrar of Companies, Chandigarh.
Petal Enterprises had 2 directors:
- Parmod Kumar Sharma - Director
- Davindar Singh Sokhi - Director
The CIN (Corporate Identification Number) of Petal Enterprises is U52399PB2014PTC038793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Petal Enterprises is at 93 Industrial Area A, Ludhiana, Punjab, India – 141003.
The latest financial statements of Petal Enterprises on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 03 July 2023. Year-wise statements from 2015 are in the company report.
No. Petal Enterprises has 1 GST registration on record and it is cancelled or inactive.
Petal Enterprises operated in the agriculture industry, in the agro retail and distribution segment.
The peers of Petal Enterprises by revenue are Shrikalhasti Agrotech Producer Company Limited, Phad and Farmer Producer Company Limited, Kureshi Farmer Producer Company Limited, Zee Textile Vareli Pvt Ltd, Kalanthar Trading Company Private Limited and 5 more, all in the Agriculture industry (Agro Retail and Distribution, Textile Retail and Distribution).
Petal Enterprises has 1 court case on record: 1 filed by the company.
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