About Petroexcel Technology
Petroexcel Technology is an Energy & Utilities company based in Ahmedabad (India). Design and engineering services are delivered in oil and energy industries. The company has 344 employees. Its Indian entity Petroexcel Technology Services Private Limited reported revenue of ₹98.97 Cr. Petroexcel Technology offers products and services including Mechanical Engineering and Procurement and Contract Management. Its focus areas include Energy, Oil and Gas, Upstream and Exploration and Production.
Company details
Petroexcel Technology is recognized as a design and engineering services organization that delivers solutions for oil and energy sectors, including upstream, midstream, and downstream activities. Services encompass mechanical, civil, and process engineering, along with procurement, to support public and private undertakings. An elite team of engineers and technicians is employed to ensure excellence in project delivery across global segments, driven by a philosophy of technological advancement and client-focused innovation. This approach enables realization of visions through comprehensive lifecycle support, from basic design to detailed engineering.
- Headquarters Ahmedabad, India
- Employees 344
- SectorsEnergy & Utilities
- Legal Name Petroexcel Technology Services Private Limited
- Date of Incorporation 10 Jul, 2020
- Jurisdiction Vadodara, Gujarat, India
- Annual Revenue₹98.97 Cr
FY 2025 · +15% YoY
- Net Loss-₹1.87 Cr
FY 2025 · -2% margin
- EBITDA₹2.85 Cr
FY 2025 · 3% margin
- Employee Count344
Associated legal entities of Petroexcel Technology
Petroexcel Technology operates through Petroexcel Technology Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Petroexcel Technology Services Private Limited CIN U74200GJ2020PTC114508 | Active | 10 Jul 2020 | Vadodara, Gujarat | ₹99.0 Cr | 344 | 3 | View details |
Products & Services of Petroexcel Technology
Petroexcel Technology offers a comprehensive portfolio of products and services, including Mechanical Engineering and Procurement and Contract Management.
Mechanical engineering services are offered for analysis and design in oil and energy sectors
Procurement and contract management services are provided to support project execution in energy industries
Board of directors of Petroexcel Technology Services Private Limited (Petroexcel Technology)
Petroexcel Technology Services Private Limited is the primary company behind Petroexcel Technology. The board of Petroexcel Technology Services Private Limited currently have 3 directors; the longest-serving is Kantilal Karsandas Thacker, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kantilal Karsandas Thacker DIN 08788580 | Director | 10 Jul 2020 | 6 yrs 3 mo | Petroexcel Technology Services Private Limited |
| Dharit Kantilal Thacker DIN 07067714 | Director | 10 Jul 2020 | 6 yrs 3 mo | Petroexcel Technology Services Private Limited |
| Sagar Anilkumar Barot DIN 10480588 | Director | 22 Jan 2024 | 2 yrs 9 mo | Petroexcel Technology Services Private Limited |
People of Petroexcel Technology
1 people are tracked at Petroexcel Technology (1 in leadership); the tracked headcount is 344.
| Name | Role | Group |
|---|---|---|
Rajendra Matlani | Managing Director | Leadership |
Complete people profiles for Petroexcel Technology
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Financials of Petroexcel Technology
Figures of Petroexcel Technology Services Private Limited, the primary company behind Petroexcel Technology, for FY 2025. Revenue was ₹98.97 Cr (+15% year on year). Net loss was -₹1.87 Cr (-2% margin). EBITDA was ₹2.85 Cr (3% margin). Revenue has grown at a compounded annual rate of +82% over three years.
- ₹98.97 CrRevenue · FY 2025 · +15% YoY
- -₹1.87 CrNet loss · -2% margin
- ₹2.85 CrEBITDA · 3% margin
- ₹1.2 LakhPaid-up capital
- 344Employees (provident fund records)
- +82%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Petroexcel Technology Services Private Limited are on its company page.
Detailed financial statements for Petroexcel Technology
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Frequently Asked Questions about Petroexcel Technology
Petroexcel Technology is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Petroexcel Technology has 344 employees.
The primary company behind Petroexcel Technology, Petroexcel Technology Services Private Limited, reported revenue of ₹98.97 Cr for FY 2025, up 15% year on year.
Petroexcel Technology is recognized as a design and engineering services organization that delivers solutions for oil and energy sectors, including upstream, midstream, and downstream activities. Services encompass mechanical, civil, and process engineering, along with procurement, to support public and private undertakings. An elite team of engineers and technicians is employed to ensure excellence in project delivery across global segments, driven by a philosophy of technological advancement and client-focused innovation. This approach enables realization of visions through comprehensive lifecycle support, from basic design to detailed engineering.
Petroexcel Technology offers Mechanical Engineering and Procurement and Contract Management.
Petroexcel Technology operates through Petroexcel Technology Services Private Limited.
The legal entities of Petroexcel Technology currently have 3 directors, including Sagar Anilkumar Barot, Kantilal Karsandas Thacker, Dharit Kantilal Thacker.