M B Patil Constructions Limited

M B Patil Constructions Limited - infrastructure and utilities in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U45200MH2003PLC138810 Incorporated 23 January 2003 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2018
₹532.18 Cr
▲ 77% YoY
Net profit · FY 2018
₹26.94 Cr
Net margin 5.1%
EBITDA · FY 2018
₹38.56 Cr
EBITDA margin 7.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹3.6 Cr
Issued & subscribed
Satisfied charges
₹52.17 Cr
No open charges
Company age
23 yrs
Est. 2003
Employees · EPFO
66
Provident fund records

About M B Patil Constructions Limited

Data last updated:

M B Patil Constructions Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 23 January 2003.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2003PLC138810. Its GSTIN is 27AAECM0806B1Z2 (Maharashtra). The company held 6 GST registrations, of which 5 are active.

The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.6 Cr. It was led by directors including Sangita Malikarjun Patil and Anuja Malikarjun Patil.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Flat No 2 Swadhin Sadanc – Road Churchgate, Mumbai, Maharashtra, India – 400021.

As per the financials filed for FY 2018, the company reported a revenue of ₹532.18 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net profit of ₹26.94 Cr (net margin 5.1%) and EBITDA of ₹38.56 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 93% over three years.

The company had about 66 employees on its provident fund (EPFO) records before it was dissolved.

As per MCA filings, the company had satisfied charges of ₹52.17 Cr on record. Court records list 65 cases involving the company, including 26 filed by the company and 39 filed against it; 13 cases are pending.

The last known website on record is patilgroup.co.in.

Company details

CIN U45200MH2003PLC138810
Registration Number 138810
Incorporation Date 23 January 2003
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018

Contact details

M B Patil Constructions Limited's registered office is in Mumbai, Maharashtra. Its website is patilgroup.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Flat No 2 Swadhin Sadanc – Road Churchgate, Mumbai, Maharashtra, India – 400021
  • Industry
    Infrastructure and Utilities, Road & Bridge Construction

To see the full contact details of M B Patil Constructions Limited, buy the company report.

Comprehensive company report
M B Patil Constructions Limited - one report that includes everything
  • 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
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Business activity

The main business activity of M B Patil Constructions is construction. In detail, this covers roads, railways, utility projects.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF2Roads, railways, Utility projects

To see the full business activity and turnover split of M B Patil Constructions Limited, buy the company report.

Financials of M B Patil Constructions Limited

FY 2018 filings available

M B Patil Constructions Limited reported revenue of ₹532.18 Cr (up 77% YoY) for FY 2018.

Revenue · FY 2018
₹532.18 Cr ▲ 77%
Net profit · FY 2018
₹26.94 Cr margin 5.1%
EBITDA · FY 2018
₹38.56 Cr margin 7.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 77%
3 years · compounded
▲ 93%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 50%

Revenue has grown at a compounded annual rate (CAGR) of 93% over three years, including 77% growth in the latest year. EBITDA rose 30% 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹532.18 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹38.56 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹26.94 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin7.2%
Net Profit Margin5.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of M B Patil Constructions Limited, buy the company report.

Board of directors of M B Patil Constructions Limited

M B Patil Constructions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Sangita Malikarjun PatilDirector23 Jan 200323 Years 9 MonthsAs last reported
Anuja Malikarjun PatilDirector09 Apr 201610 Years 6 MonthsAs last reported
Abhishek Bheemrao PatilDirector09 Apr 201610 Years 6 MonthsAs last reported

Peer comparison

M B Patil Constructions Limited is compared with the 9 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
M B Patil Constructions Limitedthis company₹532.18 Cr (FY 2018)₹26.94 Cr5.1%77.0%Mumbai, Maharashtra, India
Topline Infra-Projects Private Limited₹307.87 Cr (FY 2025)8.0%Kolkata, West Bengal, India
Surat Hazira Nh-6 Tollway Private Limited₹303.43 Cr (FY 2025)10.0%Gurgaon, Haryana, India
Apco Maa Vaishno Expressway Private Limited₹303.4 Cr (FY 2025)-18.0%Lucknow, Uttar Pradesh, India
Garamore Tollway Private Limited₹302.86 Cr (FY 2025)9.0%Gurgaon, Haryana, India
Kolhapur Ratnagiri Highways Private Limited₹302.72 Cr (FY 2025)317.0%Panvel, Maharashtra, India
Dhule Palesner Tollway Private Limited₹300.81 Cr (FY 2025)8.0%Chennai, Tamil Nadu, India
Udit Infraworld Private Limited₹300.74 Cr (FY 2025)-6.0%Rewa, Madhya Pradesh, India
Sadbhav Gadag Highway Private Limited₹298.15 Cr (FY 2025)9.0%New Delhi, Delhi, India
NCC Infraspace Private Limited₹297.98 Cr (FY 2023)17.0%Mehsana, Gujarat, India

To see the full peer comparison of M B Patil Constructions Limited, buy the company report.

Auditor

M B Patil Constructions Limited is audited by P. Kant Tandon & Co for the financial year 2018.

Auditor firmFinancial yearFirm registration number
P. Kant Tandon & CoFY 2018006786C

Shareholding

The shareholding of M B Patil Constructions Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of M B Patil Constructions Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹52.17 Cr
Breakdown by lending institutions
Bank of Maharashtra₹37.17 Cr
The Ratnakar Bank Limited₹15.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Apr 201410496283The Ratnakar Bank Limited₹15 CrSatisfied
08 Sep 200590351150Bank of Maharashtra₹5 CrSatisfied
29 Jul 200590351755Bank of Maharashtra₹20.09 CrSatisfied
29 Jul 200590351042Bank of Maharashtra₹12.09 CrSatisfied

To see the full charge records of M B Patil Constructions Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for M B Patil Constructions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

M B Patil Constructions has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
6
Active
5
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAECM0806B1Z2MaharashtraActive01 Jul 2017
21AAECM0806B1ZEOdishaActive01 Jul 2017
29AAECM0806B1ZYKarnatakaActive01 Jul 2017
33AAECM0806B1Z9Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of M B Patil Constructions Limited, buy the company report.

Recent activity

M B Patil Constructions Limited has 7 board changes on record since 2003: 3 appointments and 4 cessations. The latest: Abhinav Mallikarjun Patil ceased to be Director on 09 Apr 2016.

AGM
M B Patil Constructions Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
M B Patil Constructions Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.
Charges
A charge registered on 07 Apr 2014 via Charge ID 10496283 with The Ratnakar Bank Limited was fully satisfied on 03 Apr 2017.
Ceased
Abhinav Mallikarjun Patil ceased to be Director.
Appointed
Abhishek Bheemrao Patil was appointed as Director.
Appointed
Anuja Malikarjun Patil was appointed as Director.
Ceased
Malikarjun Baswantrao Patil ceased to be Director.
Charges
A charge with The Ratnakar Bank Limited amounted to Rs. 15.00 Cr with Charge ID 10496283 was registered on 07 Apr 2014.
Ceased
Aruna Bhimrao Patil ceased to be Director.
Charges
A charge registered on 08 Sep 2005 via Charge ID 90351150 with Bank Of Maharashtra was fully satisfied on 13 May 2010.
Charges
A charge registered on 29 Jul 2005 via Charge ID 90351755 with Bank Of Maharashtra was fully satisfied on 13 Mar 2010.
Charges
A charge registered on 29 Jul 2005 via Charge ID 90351042 with Bank Of Maharashtra was fully satisfied on 13 Mar 2010.

6 earlier events are in the company report.

Frequently asked questions

M B Patil Constructions 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.

M B Patil Constructions was a public limited company based in Mumbai, Maharashtra, India. The company worked in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 23 January 2003 and is registered under CIN U45200MH2003PLC138810. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

M B Patil Constructions was incorporated on 23 January 2003. It is registered with the Registrar of Companies, Mumbai.

M B Patil Constructions had 3 directors:

The CIN (Corporate Identification Number) of M B Patil Constructions is U45200MH2003PLC138810. 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 M B Patil Constructions is at Flat No 2 Swadhin Sadanc – Road Churchgate, Mumbai, Maharashtra, India – 400021.

M B Patil Constructions can be reached through the website patilgroup.co.in. Its registered office is in Mumbai, Maharashtra, India.

The latest financial statements of M B Patil Constructions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.

The GSTIN of M B Patil Constructions is 27AAECM0806B1Z2, registered in Maharashtra. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 21AAECM0806B1ZE (Odisha), 29AAECM0806B1ZY (Karnataka), 33AAECM0806B1Z9 (Tamil Nadu).

M B Patil Constructions operated in the infrastructure and utilities industry, in the road and bridge construction segment.

The peers of M B Patil Constructions by revenue are Topline Infra-Projects Private Limited, Surat Hazira Nh-6 Tollway Private Limited, Apco Maa Vaishno Expressway Private Limited, Garamore Tollway Private Limited, Kolhapur Ratnagiri Highways Private Limited and 4 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).