MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0006526
Patels Airflow Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹76.33 Cr
▼ 14% YoY
Net profit · FY 2025
₹3.65 Cr
Net margin 4.8%
EBITDA · FY 2025
₹11.34 Cr
EBITDA margin 14.9%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.25 Cr
Issued & subscribed
Open charges
₹13.26 Cr
Satisfied ₹4.61 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
70
Provident fund records
About Patels Airflow Limited
Data last updated:
Patels Airflow Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 17 September 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ2001PLC039998. Its GSTIN is 24AACCP7869D1ZA (Gujarat).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors including Popatlal Bhopabhai Patel (Whole-Time Director) and Akash Himanshu Patel.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 61 Phase Igidc Industrial Estate Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2025, the company reported a revenue of ₹76.33 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹3.65 Cr (net margin 4.8%) and EBITDA of ₹11.34 Cr (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 11% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Patels Airflow Ltd. As per MCA filings, the company has open charges of ₹13.26 Cr and satisfied charges of ₹4.61 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it.
Patels Airflow Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0006526). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website patelsairflow.com.
Company details
CIN U31909GJ2001PLC039998
Registration Number 039998
Incorporation Date 17 September 2001
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0006526
Key People
Popatlal Bhopabhai Patel Whole-Time Director Akash Himanshu Patel Director Ritaben Prakashbhai Patel Director Recognitions & Rankings of Patels Airflow
Contact details
Patels Airflow Limited's registered office is in Ahmedabad, Gujarat. Its website is patelsairflow.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address61 Phase Igidc Industrial Estate Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Patels Airflow Limited, buy the company report.
Comprehensive company report
Patels Airflow 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
Patels Airflow operates one associated brand: Patels Airflow Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of industrial fans, blowers, and related equipment in India. | patelsairflow.com |
Business activity
The main business activity of Patels Airflow is manufacturing. In detail, this covers metal and metal products and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Patels Airflow Limited, buy the company report.
Financials of Patels Airflow Limited
FY 2025 filings availablePatels Airflow Limited reported revenue of ₹76.33 Cr (down 14% YoY) for FY 2025.
Revenue · FY 2025
₹76.33 Cr ▼ 14%
Net profit · FY 2025
₹3.65 Cr margin 4.8%
EBITDA · FY 2025
₹11.34 Cr margin 14.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 8%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 40%
5 years · compounded
▲ 21%
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 17% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.65 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.9% | ||||
| Net Profit Margin | 4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Patels Airflow Limited, buy the company report.
Board of directors of Patels Airflow Limited
Patels Airflow has 9 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Himanshu Patel Also directs: Solio Sustainability LLP | Director | 18 Jul 2019 | 7 Years 3 Months | Current |
| Ritaben Prakashbhai Patel | Director | 10 Mar 2023 | 3 Years 7 Months | Current |
| Himanshu Popatlal Patel | Director | 01 Oct 2006 | 20 Years 1 Months | Current |
| Kashiram Khodidas Patel | Director | 23 Jan 2023 | 3 Years 9 Months | Current |
| Popatlal Bhopabhai Patel | Whole-Time Director | 17 Sep 2001 | 25 Years 1 Months | Current |
| Kaival Devang Patel Also directs: Vasudhaiva Procon Private Limited | Director | 21 May 2019 | 7 Years 5 Months | Current |
Showing 6 of 9 current directors. View all directors
Auditor
Patels Airflow Limited is audited by ASHESH ALKESH & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHESH ALKESH & CO. | FY 2024 | 119580W |
Shareholding
The shareholding of Patels Airflow Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Patels Airflow Limited, buy the company report.
Charges & borrowings
Open charges
₹13.26 Cr
Satisfied charges
₹4.61 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2012 | 10330628 | Others | ₹13.26 Cr | Open | |
| 29 Dec 2010 | 10261158 | Bank of India | ₹2.31 Cr | Satisfied | |
| 03 Jun 2008 | 10111150 | Bank of India | ₹2.31 Cr | Satisfied |
To see the full charge records of Patels Airflow Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Patels Airflow Limited has 9 court cases on record: 7 filed by Patels Airflow, 2 filed against it. All cases are disposed.
Total cases
9
Filed by the company
7
Filed against the company
2
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S. Roots Coling Systems Private Limited and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S Europem India Pvt. Ltd. and 3 others | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S. Roots Cooling Systems | Disposed |
| High Court of Gujarat | Special civil application | Filed against the company | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S. Roots Coling Systems Private Limited | Disposed |
To see the full case history of Patels Airflow 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 Patels Airflow Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Patels Airflow Limited has a workforce of 70 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
Employee count
70
Active EPFO establishments
1
Employee growth
4.48%
GST
Patels Airflow has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCP7869D1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Patels Airflow Limited, buy the company report.
Recent activity
Patels Airflow Limited has 17 board changes on record since 2001: 10 appointments and 7 cessations. The latest: Arth Prakash Patel was appointed as Additional Director on 01 Apr 2025.
AGM
Patels Airflow Limited last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 13.26 Cr registered on 09 Jan 2012 with Charge ID 10330628 was modified on 28 Apr 2025.
Appointed
Arth Prakash Patel was appointed as Additional Director.
Filing
Patels Airflow Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ritaben Prakashbhai Patel ceased to be Additional Director.
Appointed
Ritaben Prakashbhai Patel was appointed as Director.
Appointed
Bhogilal Ishwarlal Patel was appointed as Nodal Officer.
Appointed
Kashiram Khodidas Patel was appointed as Director.
Charges
A charge registered on 29 Dec 2010 via Charge ID 10261158 with Bank Of India was fully satisfied on 13 Dec 2019.
Charges
A charge registered on 03 Jun 2008 via Charge ID 10111150 with Bank Of India was fully satisfied on 13 Dec 2019.
Ceased
Akash Himanshu Patel ceased to be Additional Director.
Ceased
Kaival Devang Patel ceased to be Additional Director.
15 earlier events are in the company report.
Frequently asked questions
Patels Airflow is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 17 September 2001 (25+ years old) and is registered under CIN U31909GJ2001PLC039998.
Patels Airflow has 9 current directors:
- Popatlal Bhopabhai Patel - Whole-Time Director
- Akash Himanshu Patel - Director
- Ritaben Prakashbhai Patel - Director
- Himanshu Popatlal Patel - Director
- Kashiram Khodidas Patel - Director
- Kaival Devang Patel - Director
- Devang Kashiram Patel - Director
- Prakash Bhogilal Patel - Director
- Arth Prakash Patel - Additional Director
The latest financial statements of Patels Airflow on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Patels Airflow is 24AACCP7869D1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Patels Airflow is U31909GJ2001PLC039998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Patels Airflow has 9 court cases on record: 7 filed by the company and 2 filed against it. Most are in the district courts.
Patels Airflow was incorporated on 17 September 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Arth Prakash Patel was appointed as Additional Director on 01 Apr 2025. Ritaben Prakashbhai Patel ceased to be Additional Director on 22 Sep 2023. Ritaben Prakashbhai Patel was appointed as Director on 10 Mar 2023. Patels Airflow has 17 board changes on record in total.
Yes, Patels Airflow is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0006526).
Patels Airflow can be reached through the website patelsairflow.com. Its registered office is in Ahmedabad, Gujarat, India.
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