Patels Airtemp (India) Limited

BSE: 517417
Patels Airtemp (India) Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN L29190GJ1992PLC017801 Incorporated 10 June 1992 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 517417 Public Limited Company machinery and equipment
Data last updated
Revenue · FY 2026
₹252.93 Cr
▼ 34.78% YoY
EBITDA · FY 2026
₹27.36 Cr
▼ 26.32% YoY
Net profit · FY 2026
₹10.27 Cr
▼ 37.77% YoY
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹5.47 Cr
Issued & subscribed
Open charges
₹293.45 Cr
Satisfied ₹57.45 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
194
Latest available

About Patels Airtemp (India) Limited

Data last updated: 18 February 2026

Patels Airtemp (India) Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in industrial machinery manufacturing, a part of the broader machinery and industrial equipment sector. Incorporated on 10 June 1992, the company has been in operation for over 34 years.

Registered with ROC Ahmedabad under CIN L29190GJ1992PLC017801. Listed on BSE: 517417.

Capital: an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.47 Cr. It is led by directors including Apurva Vinubhai Shah and Rajendrakumar Chaturbhai Patel.

Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: 5Th Floor Kalpana Complex Near Memnagar Fire Sta Navrangpura, Ahmedabad, Gujarat, India – 380009.

As per the financials filed for FY 2025, the company reported a revenue of ₹389.37 Cr, a growth of 4% compared to the previous year.

The company has a workforce of approximately 194 employees as per the latest available data.

The company is associated with 1 brand - Patels Airtemp. As per MCA filings, the company has open charges of ₹293.45 Cr and satisfied charges of ₹57.45 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website patelsairtemp.com.

Company Details of Patels Airtemp (India) Limited
CIN L29190GJ1992PLC017801
Registration Number 017801
Incorporation Date 10 June 1992
ROC Ahmedabad
Listing Status Listed (BSE: 517417)
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Sanjiv Narayanbhai Patel Managing Director Apurva Vinubhai Shah Whole-Time Director Shivang Prakashchandra Patel Whole-Time Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    patelsairtemp.com
  • Social Media
  • Registered Address
    5Th Floor Kalpana Complex Near Memnagar Fire Sta Navrangpura, Ahmedabad, Gujarat, India – 380009
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing
Company report
Patels Airtemp (India) Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Patels Airtemp (India) Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Patels Airtemp (India) Limited

Patels Airtemp (India) Limited has one previous CIN (Corporate Identification Number): U29190GJ1992PLC017801. The current CIN is L29190GJ1992PLC017801, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L29190GJ1992PLC017801 Current
U29190GJ1992PLC017801 Previous

Associated Brands with Patels Airtemp (India) Limited

Patels Airtemp (India) Limited operates one associated brand: Patels Airtemp. These brands represent Patels Airtemp (India) Limited's diversified market presence and brand portfolio.

Brand Description Website
Patels Airtemp
Industrial HVAC equipment is manufactured for various applications. patelairtemp.com

Business Activity of Patels Airtemp (India) Limited

Patels Airtemp (India) Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C10 Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment *********

Auditor Details of Patels Airtemp (India) Limited

Patels Airtemp (India) Limited is audited by PARIKH & MAJMUDAR (ICAI peer reviewed, certificate valid till 2027-10-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
PARIKH & MAJMUDAR (ICAI peer reviewed, certificate valid till 2027-10-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Patels Airtemp (India) Limited

Patels Airtemp (India) Limited is currently managed by 8 directors, with 26 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Apurva Vinubhai Shah
Also directs: Patels Airtemp (India) Limited
Whole-Time Director 11 Aug 2018 7 Years 10 Months Current
Rajendrakumar Chaturbhai Patel
Also directs: Patels Airtemp (India) Limited, Praveg Limited
Director 10 Aug 2019 6 Years 10 Months Current
Shivang Prakashchandra Patel
Also directs: Shiv Fintrade Llp, Patels Airtemp (India) Limited, Therm Flow Engineers Private Limited
Whole-Time Director 01 Jun 2019 7 Years 1 Months Current
Sanjiv Narayanbhai Patel
Also directs: Shiv Fintrade Llp, Patels Airtemp (India) Limited, Nirma Limited and 1 more
Managing Director 30 Sep 2009 16 Years 9 Months Current
Naimish Bhanuprasad Patel
Also directs: Patels Airtemp (India) Limited, Dirr Management Llp, Mng Ferro Alloys Private Limited
Director 12 Aug 2023 2 Years 10 Months Current
Nidhi Yash Patel
Also directs: Patels Airtemp (India) Limited
Director 29 Mar 2025 1 Years 3 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Patels Airtemp (India) Limited FY 2026 filings available

Patels Airtemp (India) Limited reported revenue of ₹252.93 Cr (down 34.78% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹252.93 Cr ▼ 34.78%
Profit · FY 2026
₹10.27 Cr ▼ 37.77%
EBITDA · FY 2026
₹27.36 Cr ▼ 26.32%
Revenue₹ Cr · Standalone0200400FY 2019: ₹151 Cr151FY 2019FY 2021: ₹255 Cr · +69.2% YoY255+69.2%FY 2021FY 2022: ₹303 Cr · +18.7% YoY303+18.7%FY 2022FY 2023: ₹281 Cr · -7.2% YoY281-7.2%FY 2023FY 2024: ₹371 Cr · +31.7% YoY371+31.7%FY 2024FY 2025: ₹388 Cr · +4.6% YoY388+4.6%FY 2025FY 2026: ₹253 Cr · -34.8% YoY253-34.8%FY 2026
Net Profit₹ Cr · Standalone01020FY 2019: ₹7 Cr7.3FY 2019FY 2021: ₹11 Cr · +55.4% YoY11.4+55.4%FY 2021FY 2022: ₹12 Cr · +9.1% YoY12.4+9.1%FY 2022FY 2023: ₹11 Cr · -9.8% YoY11.2-9.8%FY 2023FY 2024: ₹15 Cr · +31.3% YoY14.7+31.3%FY 2024FY 2025: ₹17 Cr · +12.4% YoY16.5+12.4%FY 2025FY 2026: ₹10 Cr · -37.8% YoY10.3-37.8%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year050100150Q1'25: ₹113 Cr113Q1'25Q2'25: ₹82 Cr81.9Q2'25Q3'25: ₹88 Cr88.4Q3'25Q4'25: ₹104 Cr104Q4'25Q1'26: ₹83 Cr · -27.3% YoY82.6-27.3%Q1'26Q2'26: ₹22 Cr · -73.1% YoY22-73.1%Q2'26Q3'26: ₹59 Cr · -33.5% YoY58.8-33.5%Q3'26Q4'26: ₹90 Cr · -14% YoY89.5-14%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2019
Revenue from Operations ₹252.93 Cr ₹387.82 Cr ₹370.76 Cr ₹281.48 Cr ₹303.22 Cr ₹255.4 Cr ₹150.95 Cr
Other Income ₹4.04 Cr ₹1.55 Cr ₹1.99 Cr ₹1.33 Cr ₹1.12 Cr ₹64.02 Lakh ₹79.27 Lakh
Total Income ₹256.98 Cr ₹389.37 Cr ₹372.75 Cr ₹282.8 Cr ₹304.34 Cr ₹256.04 Cr ₹151.74 Cr
Cost of Materials Consumed ₹116.38 Cr ₹207.13 Cr ₹258.5 Cr ₹226.97 Cr ₹176.22 Cr ₹148.29 Cr ₹94.32 Cr
Purchases of Stock-in-Trade ₹64.79 Lakh ₹1.48 Cr ₹2.64 Cr ₹1.68 Cr ₹1.38 Cr ₹1.59 Cr ₹1.91 Cr
Changes in Inventories ₹33.46 Cr ₹46 Cr -₹16.74 Cr -₹54.81 Cr ₹11.48 Cr -₹3.69 Cr -₹11.5 Cr
Employee Benefit Expense ₹17.34 Cr ₹16.05 Cr ₹14.67 Cr ₹13.47 Cr ₹12.11 Cr ₹12.02 Cr ₹9.41 Cr
Finance Costs ₹9.95 Cr ₹11.34 Cr ₹12.86 Cr ₹12.05 Cr ₹9.02 Cr ₹7.98 Cr ₹5.03 Cr
Depreciation & Amortisation ₹3.51 Cr ₹3.92 Cr ₹4.06 Cr ₹4.11 Cr ₹3.62 Cr ₹3.29 Cr ₹2.6 Cr
Other Expenses ₹61.79 Cr ₹81.58 Cr ₹76.61 Cr ₹63.97 Cr ₹73.69 Cr ₹71.13 Cr ₹39.47 Cr
Total Expenses ₹243.08 Cr ₹367.49 Cr ₹352.61 Cr ₹267.45 Cr ₹287.51 Cr ₹240.62 Cr ₹141.22 Cr
Profit Before Exceptional Items & Tax ₹13.9 Cr ₹21.88 Cr ₹20.14 Cr ₹15.36 Cr ₹16.83 Cr ₹15.42 Cr ₹10.52 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹13.9 Cr ₹21.88 Cr ₹20.14 Cr ₹15.36 Cr ₹16.83 Cr ₹15.42 Cr ₹10.52 Cr
Total Tax Expense ₹3.62 Cr ₹5.37 Cr ₹5.45 Cr ₹4.17 Cr ₹4.43 Cr ₹4.05 Cr ₹3.2 Cr
Net Profit ₹10.27 Cr ₹16.51 Cr ₹14.69 Cr ₹11.19 Cr ₹12.4 Cr ₹11.37 Cr ₹7.32 Cr
Other Comprehensive Income ₹5.43 Lakh -₹17.47 Lakh ₹4.93 Lakh -₹6.31 Lakh ₹21,000 -₹13.91 Lakh -₹3.14 Lakh
Total Comprehensive Income ₹10.33 Cr ₹16.34 Cr ₹14.74 Cr ₹11.13 Cr ₹12.4 Cr ₹11.23 Cr ₹7.29 Cr
EBITDA (computed) ₹27.36 Cr ₹37.14 Cr ₹37.07 Cr ₹31.51 Cr ₹29.46 Cr ₹26.7 Cr ₹18.14 Cr
Basic EPS ₹18.78 ₹30.18 ₹26.86 ₹21.44 ₹24.46 ₹22.42 ₹14.43
Diluted EPS ₹18.78 ₹30.18 ₹26.86 ₹21.44 ₹24.46 ₹22.42 ₹14.43
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2019
Total Assets ₹297.37 Cr ₹308.32 Cr ₹371.19 Cr ₹360.47 Cr ₹284.3 Cr ₹282.48 Cr ₹191.26 Cr
Non-current Assets ₹55.18 Cr ₹47.83 Cr ₹64.5 Cr ₹61.49 Cr ₹47.68 Cr ₹44.19 Cr ₹24.16 Cr
Current Assets ₹242.19 Cr ₹260.49 Cr ₹306.69 Cr ₹298.98 Cr ₹236.63 Cr ₹238.29 Cr ₹167.09 Cr
Property, Plant & Equipment ₹44.63 Cr ₹43.49 Cr ₹44.77 Cr ₹46.19 Cr ₹46.21 Cr ₹42.54 Cr ₹22.21 Cr
Inventories ₹82.67 Cr ₹115.14 Cr ₹169.56 Cr ₹149.58 Cr ₹97.69 Cr ₹103.29 Cr ₹71.84 Cr
Trade Receivables ₹106.57 Cr ₹93.98 Cr ₹106.39 Cr ₹110.67 Cr ₹93.35 Cr ₹91.68 Cr ₹64.8 Cr
Cash & Equivalents ₹33.66 Cr ₹27.47 Cr ₹4.55 Cr ₹11.29 Cr ₹6.23 Cr ₹11.65 Cr ₹14.31 Cr
Equity (Net Worth) ₹166.11 Cr ₹157.42 Cr ₹142.72 Cr ₹129.62 Cr ₹110.64 Cr ₹99.5 Cr ₹79.78 Cr
Equity Share Capital ₹5.47 Cr ₹5.47 Cr ₹5.47 Cr ₹5.47 Cr ₹5.07 Cr ₹5.07 Cr ₹5.07 Cr
Borrowings (Non-current) ₹0 ₹15.1 Cr ₹15.3 Cr ₹19.68 Cr ₹29.07 Cr ₹14.43 Cr ₹9.98 Cr
Borrowings (Current) ₹88.14 Cr ₹74.87 Cr ₹77.35 Cr ₹75.56 Cr ₹58.72 Cr ₹49.32 Cr ₹32.08 Cr
Total Debt (computed) ₹88.14 Cr ₹89.97 Cr ₹92.65 Cr ₹95.24 Cr ₹87.79 Cr ₹63.75 Cr ₹42.06 Cr
Current Liabilities ₹129.15 Cr ₹133.79 Cr ₹212.74 Cr ₹208.97 Cr ₹142.42 Cr ₹166.59 Cr ₹99.28 Cr
Total Liabilities ₹131.26 Cr ₹150.9 Cr ₹228.46 Cr ₹230.85 Cr ₹173.67 Cr ₹182.98 Cr ₹111.48 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹22.8 Cr ₹39.95 Cr ₹11.07 Cr ₹4.81 Cr -₹12.8 Cr
Investing Cash Flow -₹3.19 Cr -₹1.23 Cr -₹83.54 Lakh -₹3.18 Cr -₹6.34 Cr
Financing Cash Flow -₹13.42 Cr -₹15.66 Cr -₹16.98 Cr ₹3.44 Cr ₹13.71 Cr
Capital Expenditure ₹0 ₹0 ₹0 ₹0 ₹0
Free Cash Flow (computed) ₹22.8 Cr ₹39.95 Cr ₹11.07 Cr ₹4.81 Cr -₹12.8 Cr
Dividends Paid ₹1.64 Cr ₹1.64 Cr ₹1.64 Cr ₹1.42 Cr ₹1.27 Cr
Net Change in Cash ₹6.18 Cr ₹23.07 Cr -₹6.74 Cr ₹5.07 Cr -₹5.43 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹89.52 Cr ₹58.81 Cr ₹22.04 Cr ₹82.57 Cr ₹104.06 Cr ₹88.39 Cr ₹81.87 Cr ₹113.5 Cr
Other Income ₹1.08 Cr ₹98.17 Lakh ₹1.39 Cr ₹59.24 Lakh ₹53.58 Lakh ₹27.3 Lakh ₹32.12 Lakh ₹41.98 Lakh
Total Income ₹90.6 Cr ₹59.79 Cr ₹23.43 Cr ₹83.16 Cr ₹104.6 Cr ₹88.66 Cr ₹82.19 Cr ₹113.92 Cr
Cost of Materials Consumed ₹27.47 Cr ₹23.84 Cr ₹36.93 Cr ₹28.14 Cr ₹50.34 Cr ₹46.49 Cr ₹46.43 Cr ₹63.87 Cr
Purchases of Stock-in-Trade ₹22.18 Lakh ₹6.68 Lakh ₹11.48 Lakh ₹24.45 Lakh ₹14.05 Lakh ₹28.93 Lakh ₹59.98 Lakh ₹45.12 Lakh
Changes in Inventories ₹33.58 Cr ₹8.8 Cr -₹37.53 Cr ₹28.62 Cr ₹15.93 Cr ₹8.76 Cr ₹2.74 Cr ₹18.57 Cr
Employee Benefit Expense ₹4.41 Cr ₹4.67 Cr ₹4.22 Cr ₹4.04 Cr ₹4.34 Cr ₹4.61 Cr ₹3.65 Cr ₹3.44 Cr
Finance Costs ₹2.29 Cr ₹3.5 Cr ₹1.98 Cr ₹2.18 Cr ₹1.97 Cr ₹3.61 Cr ₹2.8 Cr ₹2.96 Cr
Depreciation & Amortisation ₹88.59 Lakh ₹88.59 Lakh ₹88.23 Lakh ₹86.03 Lakh ₹84.83 Lakh ₹1.03 Cr ₹1.02 Cr ₹1.03 Cr
Other Expenses ₹16.67 Cr ₹15.01 Cr ₹15.14 Cr ₹14.97 Cr ₹24.84 Cr ₹19.22 Cr ₹20.72 Cr ₹16.8 Cr
Total Expenses ₹85.53 Cr ₹56.76 Cr ₹21.73 Cr ₹79.06 Cr ₹98.39 Cr ₹84.01 Cr ₹77.96 Cr ₹107.12 Cr
Profit Before Exceptional Items & Tax ₹5.07 Cr ₹3.03 Cr ₹1.7 Cr ₹4.1 Cr ₹6.2 Cr ₹4.65 Cr ₹4.23 Cr ₹6.79 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹5.07 Cr ₹3.03 Cr ₹1.7 Cr ₹4.1 Cr ₹6.2 Cr ₹4.65 Cr ₹4.23 Cr ₹6.79 Cr
Total Tax Expense ₹91.65 Lakh ₹37.45 Lakh ₹1.04 Cr ₹1.29 Cr ₹1.71 Cr ₹84.12 Lakh ₹1.09 Cr ₹1.73 Cr
Net Profit ₹4.15 Cr ₹2.66 Cr ₹66.12 Lakh ₹2.8 Cr ₹4.49 Cr ₹3.81 Cr ₹3.15 Cr ₹5.06 Cr
Other Comprehensive Income ₹10.57 Lakh ₹6.54 Lakh -₹5.84 Lakh -₹5.84 Lakh -₹21.17 Lakh ₹1.23 Lakh ₹1.23 Lakh ₹1.23 Lakh
Total Comprehensive Income ₹4.26 Cr ₹2.72 Cr ₹60.28 Lakh ₹2.74 Cr ₹4.28 Cr ₹3.82 Cr ₹3.16 Cr ₹5.07 Cr
EBITDA (computed) ₹8.25 Cr ₹7.42 Cr ₹4.56 Cr ₹7.14 Cr ₹9.02 Cr ₹9.29 Cr ₹8.06 Cr ₹10.77 Cr
Basic EPS ₹7.59 ₹4.86 ₹1.21 ₹5.12 ₹8.22 ₹6.96 ₹5.75 ₹9.25
Diluted EPS ₹7.59 ₹4.86 ₹1.21 ₹5.12 ₹8.22 ₹6.96 ₹5.75 ₹9.25
Latest 8 quarters shown.
Metrics FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹370.76 Cr ₹281.48 Cr ₹303.22 Cr ₹255.4 Cr ₹237.42 Cr
Other Income ₹2.12 Cr ₹1.33 Cr ₹1.12 Cr ₹64.02 Lakh ₹1.88 Cr
Total Income ₹372.88 Cr ₹282.8 Cr ₹304.34 Cr ₹256.04 Cr ₹239.3 Cr
Cost of Materials Consumed ₹258.5 Cr ₹226.97 Cr ₹176.22 Cr ₹148.29 Cr ₹165.61 Cr
Purchases of Stock-in-Trade ₹2.64 Cr ₹1.68 Cr ₹1.38 Cr ₹1.59 Cr ₹2.47 Cr
Changes in Inventories -₹16.74 Cr -₹54.81 Cr ₹11.48 Cr -₹3.69 Cr -₹25.54 Cr
Employee Benefit Expense ₹14.67 Cr ₹13.47 Cr ₹12.11 Cr ₹12.02 Cr ₹10.43 Cr
Finance Costs ₹12.86 Cr ₹12.05 Cr ₹9.02 Cr ₹7.98 Cr ₹7.24 Cr
Depreciation & Amortisation ₹4.06 Cr ₹4.11 Cr ₹3.62 Cr ₹3.29 Cr ₹2.89 Cr
Other Expenses ₹76.67 Cr ₹63.99 Cr ₹73.72 Cr ₹71.14 Cr ₹61.42 Cr
Total Expenses ₹352.68 Cr ₹267.47 Cr ₹287.55 Cr ₹240.64 Cr ₹224.51 Cr
Profit Before Exceptional Items & Tax ₹20.21 Cr ₹15.34 Cr ₹16.8 Cr ₹15.41 Cr ₹14.79 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹20.21 Cr ₹15.34 Cr ₹16.8 Cr ₹15.41 Cr ₹14.79 Cr
Total Tax Expense ₹5.45 Cr ₹4.17 Cr ₹4.43 Cr ₹4.05 Cr ₹3.48 Cr
Net Profit ₹14.76 Cr ₹11.17 Cr ₹12.37 Cr ₹11.35 Cr ₹11.31 Cr
  attributable to Owners ₹0 - - ₹0 -
  attributable to NCI ₹0 - - ₹0 -
Other Comprehensive Income ₹4.93 Lakh -₹6.31 Lakh ₹21,000 -₹13.91 Lakh -₹1.99 Lakh
Total Comprehensive Income ₹14.81 Cr ₹11.11 Cr ₹12.37 Cr ₹11.21 Cr ₹11.29 Cr
EBITDA (computed) ₹37.13 Cr ₹31.5 Cr ₹29.43 Cr ₹26.68 Cr ₹24.92 Cr
Basic EPS ₹26.98 ₹21.40 ₹24.39 ₹22.39 ₹22.30
Diluted EPS ₹26.98 ₹21.40 ₹24.39 ₹22.39 ₹22.30
Metrics FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Assets ₹371.19 Cr ₹360.41 Cr ₹284.26 Cr ₹282.48 Cr ₹260.6 Cr
Non-current Assets ₹64.5 Cr ₹61.29 Cr ₹47.49 Cr ₹44.04 Cr ₹37.79 Cr
Current Assets ₹306.69 Cr ₹299.12 Cr ₹236.77 Cr ₹238.43 Cr ₹222.81 Cr
Property, Plant & Equipment ₹44.77 Cr ₹46.19 Cr ₹46.21 Cr ₹42.54 Cr ₹33.35 Cr
Inventories ₹169.56 Cr ₹149.58 Cr ₹97.69 Cr ₹103.29 Cr ₹101.46 Cr
Trade Receivables ₹106.39 Cr ₹110.67 Cr ₹93.35 Cr ₹91.68 Cr ₹91.42 Cr
Cash & Equivalents ₹4.55 Cr ₹11.43 Cr ₹6.37 Cr ₹11.79 Cr ₹2.52 Cr
Equity (Net Worth) ₹142.72 Cr ₹129.56 Cr ₹110.59 Cr ₹99.49 Cr ₹89.55 Cr
Equity Share Capital ₹5.47 Cr ₹5.47 Cr ₹5.07 Cr ₹5.07 Cr ₹5.07 Cr
Borrowings (Non-current) ₹15.3 Cr ₹19.68 Cr ₹29.07 Cr ₹14.43 Cr ₹13.35 Cr
Borrowings (Current) ₹77.35 Cr ₹75.56 Cr ₹58.72 Cr ₹49.32 Cr ₹31.28 Cr
Total Debt (computed) ₹92.65 Cr ₹95.24 Cr ₹87.79 Cr ₹63.75 Cr ₹44.63 Cr
Current Liabilities ₹212.74 Cr ₹208.97 Cr ₹142.42 Cr ₹166.59 Cr ₹155.75 Cr
Total Liabilities ₹228.46 Cr ₹230.85 Cr ₹173.67 Cr ₹182.98 Cr ₹171.05 Cr
Metrics FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹11.13 Cr ₹4.79 Cr -₹12.83 Cr
Investing Cash Flow -₹90.72 Lakh -₹3.18 Cr -₹6.34 Cr
Financing Cash Flow -₹17.11 Cr ₹3.45 Cr ₹13.76 Cr
Capital Expenditure ₹0 ₹0 ₹0
Free Cash Flow (computed) ₹11.13 Cr ₹4.79 Cr -₹12.83 Cr
Dividends Paid ₹1.64 Cr ₹1.42 Cr ₹1.27 Cr
Net Change in Cash -₹6.88 Cr ₹5.06 Cr -₹5.42 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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Shareholding Pattern of Patels Airtemp (India) Limited

As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 46.44%, foreign institutional investors hold 0.07%, retail and other public shareholders hold 53.49% of Patels Airtemp (India) Limited. The company had 10,349 shareholders on record.

Promoters: 46.44%FII (Foreign Institutional): 0.07%Retail & Others: 53.49%
Mar 2026
QUARTER
46.44% Promoters
0.07% FII (Foreign Institutional)
53.49% Retail & Others
Promoter holding - history
Now 46.44% · Mar 2026High 46.44% · Jun 2023Low 46.44% · Jun 2023
45%45.8%46.5%47.3%48%Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2023: 46.44%Sep 2023: 46.44%Dec 2023: 46.44%Mar 2024: 46.44%Jun 2024: 46.44%Sep 2024: 46.44%Dec 2024: 46.44%Mar 2025: 46.44%Jun 2025: 46.44%Sep 2025: 46.44%Dec 2025: 46.44%Mar 2026: 46.44%46.44%46.44%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters46.44%46.44%46.44%46.44%46.44%46.44%
Public53.56%53.56%53.56%53.56%53.56%53.56%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters46.44%46.44%46.44%
Public53.56%53.56%53.56%
Promoter change (YoY, %pts)+0.00+0.00-

Charges & Borrowings of Patels Airtemp (India) Limited

Open charges
₹293.45 Cr
Satisfied charges
₹57.45 Cr
Breakdown by lending institutions
Others₹260.30 Cr
Bank of Baroda₹29.90 Cr
Axis Bank Limited₹3.25 Cr
Latest charge details
DateLenderAmountStatus
07 Jan 2022 Axis Bank Limited ₹3.25 Cr Open
31 Dec 2021 Others ₹10.92 Cr Open
17 Jan 2015 Bank of Baroda ₹6 Cr Open
29 Sep 2014 Bank of Baroda ₹70 Lakh Open
18 Jul 2012 Bank of Baroda ₹8.5 Cr Open

Total charge records: 13 View all charges

Employees and EPFO Compliance at Patels Airtemp (India) Limited

Patels Airtemp (India) Limited has a workforce of 194 employees as of Apr 04, 2024.

Employee count
194
Active EPFO establishments
1
Employee growth
-5.37%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Patels Airtemp (India) Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Patels Airtemp (India) Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Patels Airtemp (India) Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Patels Airtemp (India) Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Patels Airtemp (India) Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Patels Airtemp (India) Limited

MSME Payment Delays by Patels Airtemp (India) Limited

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Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Patels Airtemp (India) Limited

Subsidiaries & Group Companies of Patels Airtemp (India) Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Patels Airtemp (India) Limited

MCA Filings & Documents of Patels Airtemp (India) Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Patels Airtemp (India) Limited

Activity
27 Sep 2025
Patels Airtemp (India) Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Charges
28 Jul 2025
A charge with Others of Rs. 249.38 Cr registered on 15 Apr 2004 with Charge ID 90103556 was modified on 28 Jul 2025.
Activity
31 Mar 2025
Patels Airtemp (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Directors
29 Mar 2025
Nidhi Yash Patel was appointed as a Director on 29 Mar 2025 & has been associated with this company since 1 year 3 months.
Directors
12 Aug 2023
Naimish Bhanuprasad Patel was appointed as a Director on 12 Aug 2023 & has been associated with this company since 2 years 10 months.
Charges
02 Mar 2022
A charge with Axis Bank Limited of Rs. 3.25 Cr registered on 07 Jan 2022 with Charge ID 100527423 was modified on 02 Mar 2022.

Recent News on Patels Airtemp (India) Limited

Frequently Asked Questions about Patels Airtemp (India) Limited

Patels Airtemp (India) Limited is an active public limited company in the machinery and equipment sector based in Ahmedabad, Gujarat, India. It was incorporated on 10 June 1992 (34+ years old) and is registered under CIN L29190GJ1992PLC017801. Listed on BSE: 517417. The company has 194 employees.

Patels Airtemp (India) Limited reported revenue of ₹389.37 Cr for FY 2025 (up 4.00% YoY).

The current directors of Patels Airtemp (India) Limited are:

The primary industry of Patels Airtemp (India) Limited is machinery and equipment. The company specifically operates in industrial machinery manufacturing. The company is currently active in this sector.

Yes. Patels Airtemp (India) Limited is listed on BSE with code 517417.

Patels Airtemp (India) Limited can be reached at the registered office: 5Th Floor Kalpana Complex Near Memnagar Fire Sta Navrangpura, Ahmedabad, Gujarat, India – 380009, or through the website patelsairtemp.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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