Panem Coal Mines Ltd
About Panem Coal Mines Ltd
Data last updated:
Panem Coal Mines Ltd is a public limited company based in New Delhi, Delhi, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 04 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U99999DL2001PLC110319. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Gaurav Bagaria and Sangeeta Upadhaya.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3rd Floor 6 Poorvi Margvasant Vihar, New Delhi, Delhi, India – 110057.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.47 Lakh, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹10.33 Cr and EBITDA of ₹26.64 Lakh (EBITDA margin 90.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 11% over five years.
Court records list 47 cases involving the company, including 17 filed by the company and 11 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address3rd Floor 6 Poorvi Margvasant Vihar, New Delhi, Delhi, India – 110057
- IndustryMetals and Minerals, Mining & Mineral Extraction
- 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
- One PDF report, delivered after checkout
Financials of Panem Coal Mines Ltd FY 2025 filings available
Panem Coal Mines Ltd reported revenue of ₹29.47 Lakh (up 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Panem Coal Mines Ltd
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 78% growth in the latest year. EBITDA rose 97% 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 of Panem Coal Mines Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹26.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.33 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 of Panem Coal Mines Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Panem Coal Mines are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Panem Coal Mines Ltd
Panem Coal Mines Ltd is compared with the companies closest to it by revenue in the Metals and Minerals industry (Mining). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tuffstone Resources Private Limited | ₹29.81 Lakh (FY 2024) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Radha Gobind Crushers Private Limited | ₹29.72 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Jaipur, Rajasthan, India |
| Monika Abrasives Private Limited | ₹29.62 Lakh (FY 2025) | •••• | •••• | -41.0% | •••• | Jaipur, Rajasthan, India |
| Surana Minerals Private Limited | ₹29.57 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Rajsamand, Rajasthan, India |
| Essential Mining Products Private Limited | ₹29.57 Lakh (FY 2021) | •••• | •••• | -97.0% | •••• | Chandigarh, India |
| Panem Coal Mines Ltd this company | ₹29.47 Lakh (FY 2025) | •••• | •••• | 78.0% | •••• | New Delhi, Delhi, India |
| Girnar Overseas Limited | ₹29.28 Lakh (FY 2019) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| S M Exploration Private Limited | ₹29.22 Lakh (FY 2025) | •••• | •••• | 3929.0% | •••• | Delhi, India |
| Upward Mining Private Limited | ₹29.2 Lakh (FY 2021) | •••• | •••• | -88.0% | •••• | Mumbai, Maharashtra, India |
| Abhinna Mining Private Limited | ₹29.17 Lakh (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Goldee Mining & Construction Private Limited | ₹29.08 Lakh (FY 2019) | •••• | •••• | 73.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Panem Coal Mines by revenue in the Metals and Minerals industry (Mining), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Panem Coal Mines Ltd
Panem Coal Mines Ltd is audited by CHOWDHURY BASU & RAY for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHOWDHURY BASU & RAY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Panem Coal Mines Ltd
Panem Coal Mines has 8 current directors and 40 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Pratap Pandove | Nominee Director | 29 Jul 2017 | 9 Years 2 Months | Current |
| Gaurav Bagaria Also directs: Karnataka Emta Coal Mines Limited, Mandakini-A Coal Mines Private Limited, Tenughat Emta Coal Mines Limited and 5 more | Director | 14 Nov 2015 | 10 Years 10 Months | Current |
| Sangeeta Upadhaya Also directs: Emta Realty Private Limited | Director | 12 Oct 2015 | 11 Years 0 Months | Current |
| Lakhwinder Singh | Nominee Director | 04 Dec 2018 | 7 Years 10 Months | Current |
| Jasvinder Paul | Nominee Director | 04 Dec 2018 | 7 Years 10 Months | Current |
| Sunil Kumar Puri | Nominee Director | 18 Nov 2008 | 17 Years 10 Months | Current |
Ownership and Shareholding of Panem Coal Mines Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Panem Coal Mines Ltd
Panem Coal Mines Ltd does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Panem Coal Mines Ltd
Panem Coal Mines Ltd has 47 court cases on record: 17 filed by Panem Coal Mines, 11 filed against it, 19 where it is another party. 12 cases are pending and 35 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 36 | 4 | 8 |
| District courts | 11 | 7 | 4 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dhanbad, Jharkhand | Commercial suit | Filed against the company by Indian Oil Corporation Limited | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Punjab State Power Corporation Limited | Disposed |
| District court, Dhanbad, Jharkhand | Interim or miscellaneous application | Filed by the company against Bongaigaon Refinery & Petrochemicals Ltd | Disposed |
| District court, Dhanbad, Jharkhand | Commercial suit | Filed against the company by Indian Oil Corporation Limited | Disposed |
| High Court of Jharkhand | Writ petition | Company is another party | Pending |
Full case history
All 47 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Panem Coal Mines Ltd
Employment history and EPFO contributions of people linked to Panem Coal Mines.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Panem Coal Mines Ltd
Panem Coal Mines Ltd has 48 board changes on record since 2006: 8 appointments and 40 cessations. The latest: Bikash Mukherjee ceased to be Director on 01 Oct 2022.
39 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Panem Coal Mines Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Panem Coal Mines Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Panem Coal Mines Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Panem Coal Mines Ltd
Panem Coal Mines has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Panem Coal Mines Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Panem Coal Mines Ltd
Panem Coal Mines is an active public limited company based in New Delhi, Delhi, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 04 April 2001 (25+ years old) and is registered under CIN U99999DL2001PLC110319.
Panem Coal Mines reported revenue of ₹29.47 Lakh for FY 2025 (up 78% YoY).
Panem Coal Mines has 8 current directors:
- Rajendra Pratap Pandove - Nominee Director
- Gaurav Bagaria - Director
- Sangeeta Upadhaya - Director
- Lakhwinder Singh - Nominee Director
- Jasvinder Paul - Nominee Director
- Sunil Kumar Puri - Nominee Director
- Saugat Upadhaya - Director
- Randhir Singh Bains - Nominee Director
Panem Coal Mines reported a net profit of ₹10.33 Cr and EBITDA of ₹26.64 Lakh (EBITDA margin 90.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Panem Coal Mines is 29% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 78%. CAGR is the steady yearly rate that links the first and the last year.
No. Panem Coal Mines has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Panem Coal Mines is U99999DL2001PLC110319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panem Coal Mines has 47 court cases on record: 17 filed by the company and 11 filed against it. 12 are pending. Most are in the high courts.
Panem Coal Mines was incorporated on 04 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Panem Coal Mines by revenue are Tuffstone Resources Private Limited, Radha Gobind Crushers Private Limited, Monika Abrasives Private Limited, Surana Minerals Private Limited, Essential Mining Products Private Limited and 5 more, all in the Metals and Minerals industry (Mining).
Bikash Mukherjee ceased to be Director on 01 Oct 2022. Jasvinder Paul ceased to be Nominee Director on 29 Jan 2020. Rajendra Pratap Pandove ceased to be Nominee Director on 29 Jan 2020. Panem Coal Mines has 48 board changes on record in total.