- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-06-0003034

Panoli Enviro Technology Limited
About Panoli Enviro Technology Limited
Data last updated:
Panoli Enviro Technology Limited is a public limited company based in Bharuch, Gujarat, India. It operates in the water treatment segment of the environmental services sector. It was incorporated on 05 October 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ1998PLC034766. Its GSTIN is 24AACCP5374P1ZX (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Pankaj Anilkant Bharwada and Baldevbhai Somdas Patel.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 619 GIDC Estatepanoli Dist, Bharuch, Gujarat, India – 394116.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.81 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Cr (net margin 5.7%) and EBITDA of ₹4.61 Cr (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 15% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.99 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Panoli Enviro Technology Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0003034). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Panoli Enviro Technology
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No 619 GIDC Estatepanoli Dist, Bharuch, Gujarat, India – 394116
- IndustryEnvironment, Water Treatment
- 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
Business Activity of Panoli Enviro Technology Limited
The main business activity of Panoli Enviro Technology is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Panoli Enviro Technology Limited FY 2025 filings available
Panoli Enviro Technology Limited reported revenue of ₹33.81 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Panoli Enviro Technology Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 4% growth in the latest year. EBITDA rose 20% 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 Panoli Enviro Technology Limited
| 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 | ₹4.61 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.94 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 of Panoli Enviro Technology Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.7% | •••• | •••• | •••• | •••• |
| 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 Panoli Enviro Technology 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.
Board of Directors of Panoli Enviro Technology Limited
Panoli Enviro Technology has 9 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Anilkant Bharwada | Director | 20 Sep 2005 | 21 Years 1 Months | Current |
| Baldevbhai Somdas Patel Also directs: Panoli Solid Waste Management Limited, Narmada Clean Tech, Ever Tex Industries Pvt Ltd and 1 more | Director | 05 Oct 1998 | 28 Years 0 Months | Current |
| Hemantbhai Dahyabhai Patel | Director | 31 Aug 2010 | 16 Years 1 Months | Current |
| Kiransinh Prabhatsinh Parmar | Director | 15 Apr 1999 | 27 Years 6 Months | Current |
| Bipinbhai Jeebhaidas Patel Also directs: Panoli Industrial Infrastructure Projects Ltd. | Director | 19 Jan 2001 | 25 Years 9 Months | Current |
| Hardik Jayendrasinh Jadeja | Nominee Director | 24 Dec 2024 | 1 Years 9 Months | Current |
Peer Comparison of Panoli Enviro Technology Limited
Panoli Enviro Technology Limited is compared with the companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Microfilter Polymers Limited | ₹34.67 Cr (FY 2025) | •••• | •••• | 114.0% | •••• | Nagpur, Maharashtra, India |
| Driplex Water Engineering International Private Limited | ₹34.63 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Bhadrabad, Uttarakhand, India |
| Ion Exchange Projects and Engineering Limited | ₹34.55 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Globe Enviro Care Limited | ₹34.27 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Surat, Gujarat, India |
| Tamil Nadu Water Investment Company Limited | ₹33.81 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Panoli Enviro Technology Limited this company | ₹33.81 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bharuch, Gujarat, India |
| Meil (Bhubaneswar) Bulk Water Project Private Limited | ₹33.68 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Hyderabad, Telangana, India |
| Abhay Innovative Recycling Limited | ₹33.35 Cr (FY 2025) | •••• | •••• | 270.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Adityapur Waste Management Private Limited | ₹33.26 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Hyderabad, Telangana, India |
| Vanitec Private Limited | ₹33.21 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Vaniyambadi, Tamil Nadu, India |
| W.T.T. International Private Limited | ₹32.98 Cr (FY 2024) | •••• | •••• | 112.0% | •••• | Tirupur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Panoli Enviro Technology by revenue in the Cleantech industry (Water and Wastewater Treatment), 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 Panoli Enviro Technology Limited
Panoli Enviro Technology Limited is audited by MAHAJAN DOSHI &ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHAJAN DOSHI &ASSOCIATES | 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.
Ownership and Shareholding of Panoli Enviro Technology Limited
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 Panoli Enviro Technology Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Aug 2025 | Others | ₹4.99 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Panoli Enviro Technology Limited
Panoli Enviro Technology Limited has 2 court cases on record: 2 filed by Panoli Enviro Technology. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Court case (SPCS) | Filed by the company against Kamdhenu Nutirents Pvt. Ltd | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
Full case history
All 2 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.
MSME Payment Delays by Panoli Enviro Technology Limited
Panoli Enviro Technology Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Matha Engineering Works | •••• | •••• | •••• |
| Ankleshwar Research and Analytical Infrastructure Association | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Panoli Enviro Technology Limited
Panoli Enviro Technology Limited has a workforce of 36 employees as of Apr 07, 2024.
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 Panoli Enviro Technology Limited
Panoli Enviro Technology Limited has 27 board changes on record since 1998: 10 appointments and 17 cessations. The latest: Hardik Jayendrasinh Jadeja was appointed as Nominee Director on 24 Dec 2024.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Panoli Enviro Technology Limited
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.
Subsidiaries & Group Companies of Panoli Enviro Technology Limited
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 Panoli Enviro Technology Limited
Panoli Enviro Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCP5374P1ZX | Gujarat | Active | 01 Jul 2017 |
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 Panoli Enviro Technology Limited
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 Panoli Enviro Technology Limited
Panoli Enviro Technology is an active public limited company based in Bharuch, Gujarat, India. The company works in water treatment, within the environment industry. It was incorporated on 05 October 1998 (28+ years old) and is registered under CIN U29199GJ1998PLC034766.
Panoli Enviro Technology reported revenue of ₹33.81 Cr for FY 2025 (up 4% YoY).
Panoli Enviro Technology has 9 current directors:
- Pankaj Anilkant Bharwada - Director
- Baldevbhai Somdas Patel - Director
- Hemantbhai Dahyabhai Patel - Director
- Kiransinh Prabhatsinh Parmar - Director
- Bipinbhai Jeebhaidas Patel - Director
- Hardik Jayendrasinh Jadeja - Nominee Director
- Hareshbhai Dolatray Patel - Director
- Bharatkumar Tribhovandas Patel - Director
- Champalal Chhogalal Rawal - Director
Panoli Enviro Technology reported a net profit of ₹1.94 Cr (net margin 5.7%) and EBITDA of ₹4.61 Cr (EBITDA margin 13.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Panoli Enviro Technology is 10% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Panoli Enviro Technology is 24AACCP5374P1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Panoli Enviro Technology is U29199GJ1998PLC034766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panoli Enviro Technology has 2 court cases on record: 2 filed by the company. Most are in the high courts.
Panoli Enviro Technology was incorporated on 05 October 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Panoli Enviro Technology by revenue are Microfilter Polymers Limited, Driplex Water Engineering International Private Limited, Ion Exchange Projects and Engineering Limited, Globe Enviro Care Limited, Tamil Nadu Water Investment Company Limited and 5 more, all in the Cleantech industry (Water and Wastewater Treatment).
Hardik Jayendrasinh Jadeja was appointed as Nominee Director on 24 Dec 2024. Jigar Bharatbhai Dave ceased to be Nominee Director on 24 Dec 2024. Hareshbhai Dolatray Patel was appointed as Director on 25 Sep 2024. Panoli Enviro Technology has 27 board changes on record in total.
Yes, Panoli Enviro Technology is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-06-0003034).