About Patel Energy Resources Limited
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Patel Energy Resources Limited was a public limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Patel Engineering 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 power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 19 February 2008.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40102TG2008PLC073509. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹500 Cr and a paid-up capital of ₹412.89 Cr. It was formerly known as Pel Energy Zone Private Limited and Patel Energy Resources Private Limited. It was led by directors including Ramasubramanian Kuppusubramanian and Rahul Agarwal.
Its last annual general meeting (AGM) was held on 16 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Door No.8 – 2 – 293/82/A/76 Third Floor Road No.9A Jubilee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2021, the company reported a revenue of ₹5.7 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹215.73 Cr and EBITDA of -₹215.73 Cr. Revenue has grown at a compounded annual rate (CAGR) of 30% over five years.
Its group structure included 14 subsidiaries.
The company was associated with 1 brand: Patel Engineering. As per MCA filings, the company had open charges of ₹1,906.62 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it. The company has 10 deals on record (7 funding rounds, 3 secondary share transfers), with disclosed funding of ₹410.88 Cr; the latest was in September 2019. Its 10 peer companies in the Infrastructure industry (Power Projects) are compared by revenue, 5 larger and 5 smaller; the largest is Digital Backbone Private Limited with revenue of ₹9.02 Lakh.
The last known website on record is pateleng.com.
Company details
Name history
Patel Energy Resources has undergone 2 name changes throughout its history. The company was previously known as Pel Energy Zone Private Limited, and Patel Energy Resources Private Limited. The current legal name is Patel Energy Resources Limited.
| Company Name | Status |
|---|---|
| Patel Energy Resources Limited | Current |
| Pel Energy Zone Private Limited | Previous |
| Patel Energy Resources Private Limited | Previous |
CIN history
Patel Energy Resources has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40102TG2008PLC073509, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40102TG2008PLC073509 | Current |
| U40102AP2008PLC073509 | Previous |
| U40102MH2008PTC179116 | Previous |
| U40102MH2008PLC179116 | Previous |
Contact details
Patel Energy Resources Limited's registered office is in Hyderabad, Telangana. Its website is pateleng.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoor No.8 – 2 – 293/82/A/76 Third Floor Road No.9A Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Patel Energy Resources 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
Brands
Patel Energy Resources operates one associated brand: Patel Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure and construction projects are developed and managed. | pateleng.com |
Financials of Patel Energy Resources Limited
FY 2021 filings availablePatel Energy Resources Limited reported revenue of ₹5.7 Lakh (down 5% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.7 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹215.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹215.73 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Patel Energy Resources Limited, buy the company report.
Board of directors and KMP of Patel Energy Resources Limited
Patel Energy Resources Limited currently reports 3 directors and 2 key managerial personnel. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramasubramanian Kuppusubramanian | Director | 23 Mar 2016 | 10 Years 7 Months | As last reported |
| Sunil Dhananjay Sapre Also directs: Hitodi Infrastructure Private Limited | Ceo | 12 Apr 2019 | 7 Years 6 Months | As last reported |
| Rahul Agarwal Also directs: Dirang Energy Private Limited, Patel KNR Infrastructures Limited, Patel KNR Heavy Infrastructures Limited and 5 more | Director | 05 Apr 2021 | 5 Years 6 Months | As last reported |
| Priti Rasik Patel Also directs: Raspian Tech LLP, Raspian Enterprises Private Limited, Sompel JV Private Limited and 2 more | Director | 15 Feb 2016 | 10 Years 8 Months | As last reported |
| Kavita Sanjiv Shirvaikar | Cfo | 15 Feb 2016 | 10 Years 8 Months | As last reported |
Peer comparison
Patel Energy Resources Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Power Projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digital Backbone Private Limited | ₹9.02 Lakh (FY 2025) | 57.0% | Jaunpur, Uttar Pradesh, India | |||
| Rein Industries Private Limited | ₹9.02 Lakh (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Sunsource Cleantech Ventures Private Limited | ₹9 Lakh (FY 2022) | 1096.0% | Noida, Uttar Pradesh, India | |||
| Source Advisory Services Private Limited | ₹8.72 Lakh (FY 2022) | 25.0% | New Delhi, Delhi, India | |||
| Santech Electricals India Private Limited | ₹8.55 Lakh (FY 2019) | -87.0% | Badalapur, Maharashtra, India | |||
| Electronova Energy Private Limited | ₹8.3 Lakh (FY 2023) | -73.0% | Pinjore, Haryana, India | |||
| My Home Power Private Limited | ₹8.17 Lakh (FY 2025) | 7.0% | Hyderabad, Telangana, India | |||
| Vasudha Power Projects Private Limited | ₹7.93 Lakh (FY 2024) | -53.0% | Kolkata, West Bengal, India | |||
| Newzone Power Projects Private Limited | ₹7.84 Lakh (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Harpar Energy Private Limited | ₹7.6 Lakh (FY 2025) | -66.0% | New Delhi, Delhi, India | |||
| Patel Energy Resources Limitedthis company | ₹5.7 Lakh (FY 2021) | -₹215.73 Cr | -5.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Patel Energy Resources Limited, buy the company report.
Auditor
Patel Energy Resources Limited is audited by R.S. PAREKH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.S. PAREKH & CO | FY 2021 | 136400W |
Shareholding
The shareholding of Patel Energy Resources Limited is on record for 5 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Patel Energy Resources Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2018 | 100173049 | Others | ₹261.45 Cr | Open | |
| 03 Mar 2015 | 10570903 | Canara Bank | ₹130 Cr | Open | |
| 12 Feb 2015 | 10551645 | Others | ₹1,515.17 Cr | Open |
To see the full charge records of Patel Energy Resources Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Patel Energy Resources Limited has 10 deals on record (7 funding rounds, 3 secondary share transfers), with disclosed funding of ₹410.88 Cr; the latest was in September 2019.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Funding round | ₹68.82 Cr | Investors: Patel Engineering Infrastructure Limited |
| Feb 2019 | Funding round | ₹10.02 Cr | Investors: Patel Engineering Infrastructure Limited |
| Aug 2018 | Funding round | ₹90.22 Cr | Investors: Patel Engineering Infrastructure Limited |
| Jan 2018 | Funding round | ₹34.83 Cr | Investors: Patel Engineering Infrastructure Limited |
| Mar 2010 | Funding round | ₹19.51 Cr | Investors: Patel Engineering Infrastructure Limited |
To see the full deal history of Patel Energy Resources Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Patel Energy Resources Limited has 11 court cases on record: 3 filed by Patel Energy Resources, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 4 | 3 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed against the company by Tata Capital Financial Services Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Tata Capital Financial Services Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Aditya Birla Finance Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Shreeji Realtors (I) Pvt Ltd | Disposed |
| NCLT, Hyderabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Patel Energy Resources 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 Patel Energy Resources Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Patel Energy Resources has 14 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| West Kameng Energy Private Limited | U40101MH2008PTC326589 | |
| Dirang Energy Private Limited | U40101MH2008PTC330438 | |
| Patel Energy Assignment Private Limited | U40101TG2008PTC100513 | |
| Digin Hydro Power Private Limited | U40102MH2008PTC331818 | |
| Patel Energy Projects Private Limited | U40102TG2008PTC101411 | |
| Patel Energy Operations Private Limited | U40102TG2008PTC126026 |
To see the full group structure of Patel Energy Resources Limited, buy the company report.
GST
Patel Energy Resources 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 Patel Energy Resources Limited, buy the company report.
Recent activity
Patel Energy Resources Limited has 15 board changes on record since 2009: 5 appointments and 10 cessations. The latest: Rahul Agarwal ceased to be Additional Director on 16 Jul 2021.
10 earlier events are in the company report.
News
Frequently asked questions
Patel Energy Resources 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.
Patel Energy Resources was a public limited company based in Hyderabad, Telangana, India. The company worked in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 19 February 2008 and is registered under CIN U40102TG2008PLC073509. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Patel Energy Resources was incorporated on 19 February 2008. It is registered with the Registrar of Companies, Hyderabad.
Patel Energy Resources had 5 directors and KMP:
- Ramasubramanian Kuppusubramanian - Director
- Rahul Agarwal - Director
- Priti Rasik Patel - Director
- Sunil Dhananjay Sapre - Ceo
- Kavita Sanjiv Shirvaikar - Cfo
The CIN (Corporate Identification Number) of Patel Energy Resources is U40102TG2008PLC073509. 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 Patel Energy Resources is at Door No.8 – 2 – 29382A76 Third Floor Road No.9A Jubilee Hills, Hyderabad, Telangana, India – 500033.
Patel Energy Resources can be reached through the website pateleng.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Patel Energy Resources on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 16 July 2021. Year-wise statements from 2015 are in the company report.
No. Patel Energy Resources has 1 GST registration on record and it is cancelled or inactive.
Patel Energy Resources operated in the infrastructure and utilities industry, in the power infrastructure and energy projects segment.
Patel Energy Resources has 10 deals on record (7 funding rounds, 3 secondary share transfers), with disclosed funding of ₹410.88 Cr; the latest was in September 2019.
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