MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-10-0001408
Patel Heat Exchangers Private Limited - engineering in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹3.92 Cr
▲ 127% YoY
Net profit · FY 2023
₹9.64 Lakh
Net margin 2.5%
EBITDA · FY 2023
₹26.64 Lakh
EBITDA margin 6.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹3.67 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
8
Provident fund records
About Patel Heat Exchangers Private Limited
Data last updated:
Patel Heat Exchangers Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 01 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U29199MP2009PTC022345. Its GSTIN is 23AAFCP1836K1ZF (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Om Prakash Patel (Managing Director) and Suresh Kumar Nagvanshi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 102 A/1 Industrial Area Govindpura, Bhopal, Madhya Pradesh, India – 462023.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.92 Cr, a growth of 127% compared to the previous year. For the same year it recorded a net profit of ₹9.64 Lakh (net margin 2.5%) and EBITDA of ₹26.64 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 23% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Patel Heat Exchangers. As per MCA filings, the company has open charges of ₹3.67 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Patel Heat Exchangers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-10-0001408). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website patelheatexchanger.com.
Company details
CIN U29199MP2009PTC022345
Registration Number 022345
Incorporation Date 01 September 2009
ROC Gwalior
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-10-0001408
Recognitions & Rankings of Patel Heat Exchangers
Contact details
Patel Heat Exchangers Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is patelheatexchanger.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 102 A/1 Industrial Area Govindpura, Bhopal, Madhya Pradesh, India – 462023
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Patel Heat Exchangers Private Limited, buy the company report.
Comprehensive company report
Patel Heat Exchangers Private 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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Brands
Patel Heat Exchangers operates one associated brand: Patel Heat Exchangers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of heat exchangers and industrial coolers in India. | patelheatexchanger.com |
Business activity
The main business activity of Patel Heat Exchangers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Patel Heat Exchangers Private Limited, buy the company report.
Financials of Patel Heat Exchangers Private Limited
FY 2025 filings availablePatel Heat Exchangers Private Limited reported revenue of ₹3.92 Cr (up 127% YoY) for FY 2023.
Revenue · FY 2023
₹3.92 Cr ▲ 127%
Net profit · FY 2023
₹9.64 Lakh margin 2.5%
EBITDA · FY 2023
₹26.64 Lakh margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 127%
3 years · compounded
▲ 29%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 1%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 127% growth in the latest year. EBITDA rose 5% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.92 Cr | ||||
| 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) | ₹9.64 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 2.5% | ||||
| 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 Heat Exchangers Private Limited, buy the company report.
Board of directors of Patel Heat Exchangers Private Limited
Patel Heat Exchangers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Nagvanshi | Director | 10 Jan 2019 | 7 Years 10 Months | Current |
| Om Prakash Patel | Managing Director | 01 Sep 2009 | 17 Years 2 Months | Current |
| Mamta Patel | Director | 01 Sep 2009 | 17 Years 2 Months | Current |
Auditor
Patel Heat Exchangers Private Limited is audited by A K B JAIN & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K B JAIN & CO. | FY 2022 | 003904C |
Shareholding
The shareholding of Patel Heat Exchangers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Patel Heat Exchangers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.67 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2025 | 101081328 | Others | ₹2.3 Cr | Open | |
| 20 Jun 2023 | 100753585 | Canara Bank | ₹17 Lakh | Open | |
| 26 Dec 2012 | 10398921 | Canara Bank | ₹1.2 Cr | Open |
To see the full charge records of Patel Heat Exchangers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Patel Heat Exchangers Private Limited has 2 court cases on record: 1 filed by Patel Heat Exchangers, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Century Extrusions Ltd | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Appellate Authroity Under Employees State Insurance Corporation Regional Office | Disposed |
To see the full case history of Patel Heat Exchangers Private 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 Heat Exchangers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Patel Heat Exchangers Private Limited has a workforce of 8 employees on its EPFO records as of Feb 2026.
Employee count
8
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 8 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 | |
| FY 2013-14 | |
| FY 2012-13 | |
| FY 2011-12 | |
| FY 2010-11 |
To see the full employee and EPFO history of Patel Heat Exchangers Private Limited, buy the company report.
GST
Patel Heat Exchangers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCP1836K1ZF | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Patel Heat Exchangers Private Limited, buy the company report.
Recent activity
Patel Heat Exchangers Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Om Prakash Patel ceased to be Director on 29 Jun 2020.
Charges
A charge with Others of Rs. 230.00 Lakh registered on 26 Mar 2025 with Charge ID 101081328 was modified on 29 Nov 2025.
AGM
Patel Heat Exchangers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Patel Heat Exchangers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Others amounted to Rs. 230.00 Lakh with Charge ID 101081328 was registered on 26 Mar 2025.
Charges
A charge with Canara Bank of Rs. 120.00 Lakh registered on 26 Dec 2012 with Charge ID 10398921 was modified on 25 Jul 2024.
Charges
A charge with Canara Bank amounted to Rs. 17.00 Lakh with Charge ID 100753585 was registered on 20 Jun 2023.
Ceased
Om Prakash Patel ceased to be Director.
Appointed
Suresh Kumar Nagvanshi was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 120.00 Lakh with Charge ID 10398921 was registered on 26 Dec 2012.
Appointed
Mamta Patel was appointed as Director.
Appointed
Om Prakash Patel was appointed as Managing Director.
Incorporation
01 Sep 2009
Patel Heat Exchangers Private Limited was registered on 01 Sep 2009 with Roc Gwalior & aged 17 years 2 months as per MCA records.
Frequently asked questions
Patel Heat Exchangers is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 01 September 2009 (17+ years old) and is registered under CIN U29199MP2009PTC022345.
Patel Heat Exchangers has 3 current directors:
- Om Prakash Patel - Managing Director
- Suresh Kumar Nagvanshi - Director
- Mamta Patel - Director
The latest financial statements of Patel Heat Exchangers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Patel Heat Exchangers is 23AAFCP1836K1ZF, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Patel Heat Exchangers is U29199MP2009PTC022345. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Patel Heat Exchangers has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Patel Heat Exchangers was incorporated on 01 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Gwalior.
Om Prakash Patel ceased to be Director on 29 Jun 2020. Suresh Kumar Nagvanshi was appointed as Director on 10 Jan 2019. Mamta Patel was appointed as Director on 01 Sep 2009. Patel Heat Exchangers has 4 board changes on record in total.
Yes, Patel Heat Exchangers is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-10-0001408).
Patel Heat Exchangers can be reached through the website patelheatexchanger.com. Its registered office is in Bhopal, Madhya Pradesh, India.
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