Patil Electric Works Private Limited Company Logo

Patil Electric Works Private Limited - Company Profile

It is a machinery and equipment private limited company based in Hubli, Karnataka, India, established in 2003.

2003 | Hubli, Karnataka, India | Active
Last Updated:

About Patil Electric Works Private Limited

Patil Electric Works Private Limited, a active private limited company, was established on 05 June 2003 in Hubli, Karnataka, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U31103KA2003PTC032058. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.41 Cr.

Formerly known as Patit Electric Works Private Limited. It upholds a compliant status. Employing 58 professional, Its leadership includes Prasad Ramesh Patil (Director), Ramesh Alagouda Patil (Director), Ashwini Ramesh Patil (Director). Past directors included Vijayakumar Alagouda Patil, Pooja Somashekhar Patil, Ramesh Alagouda Patil. It holds ₹2.52 Cr open charges and ₹6.36 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Spl. Plot No.7,Industrial Estate Gokul Road, Hubli, Karnataka, 580030.

Company Details

  • CIN/LLPIN

    U31103KA2003PTC032058

  • Registration Number

    032058

  • Incorporation Date

    05 June 2003

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.41 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.41 Cr
  • Company Age 22 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.52 Cr
  • Satisfied Charges ₹ 6.36 Cr
  • Revenue Growth 7.45%
  • Profit Growth 45.55%
  • Ebitda 33.94%
  • Net Worth 0.36%
  • Total Assets 16.75%
Company report

Patil Electric Works Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Patil Electric Works Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Patil Electric Works Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Prasad Ramesh PatilDirector01 Apr 2005Current
Ramesh Alagouda PatilDirector01 Apr 2024Current
Ashwini Ramesh PatilDirector01 Apr 2007Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Sep 2009Past
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddManaging Director31 May 2023Past
Pramod AbcsddWhole-Time Director31 May 2023Past
Pramod AbcsddWhole-Time Director01 Apr 2010Past
Pramod AbcsddDirector31 Mar 2019Past

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Financial Performance of Patil Electric Works.

Patil Electric Works Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.45% increase. The company also saw a substantial improvement in profitability, with a 45.55% increase in profit. The company's net worth moved up by a moderate rise of 0.36%.

Patil Electric Works revenue growth over time
Patil Electric Works profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
7.45%
Revenue from Operations
8.45%
Total Assets
16.75%
Profit or Loss
45.55%
Net Worth
0.36%
EBITDA
33.94%

What is the Ownership and Shareholding Structure of Patil Electric Works?

Unlock access to Patil Electric Works's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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Charges (Loans)

Open Charges

₹25,150,000.00

Satisfied Charges

₹63,637,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.38 Cr
  • Others : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2024Others₹1.35 MOpen
12 Nov 2020State Bank Of India₹2.38 CrOpen
21 Nov 2017Karnataka State Financial Corporation₹5.00 MSatisfied
25 Aug 2014The Shamrao Vithal Co-Operative Bank Limited₹3.26 CrSatisfied
27 Apr 2012The Shamrao Vithal Co-Operative Bank Limited₹8.34 MSatisfied

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How Many Employees Work at Patil Electric Works?

Patil Electric Works has a workforce of 58 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Patil Electric Works Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Patil Electric Works, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Patil Electric Works's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Patil Electric Works

Recent Activity within the Organization

  • Annual General Meeting

    The activity Patil Electric Works Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100960307 was registered on 27 Jun 2024. was recorded as a recent event.

  • Director Appointment

    The activity Ramesh Alagouda Patil was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 8 months . was completed.

  • Balance Sheet

    Progress on Patil Electric Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    The activity A charge registered on 21 Nov 2017 via Charge ID 100137809 with Karnataka State Financial Corporation was fully satisfied on 29 Nov 2023. was completed.

  • Charges

    The activity A charge with State Bank Of India of Rs. 2.38 Cr registered on 12 Nov 2020 with Charge ID 100401887 was modified on 29 Mar 2022. was completed.

Frequently Asked Questions

  • What is the CIN of Patil Electric Works Private Limited?

    The CIN of Patil Electric Works Private Limited is U31103KA2003PTC032058.

  • Where is Patil Electric Works Private Limited headquartered?

    Patil Electric Works Private Limited is headquartered at Spl. Plot No.7,Industrial Estate Gokul Road, Hubli, Karnataka, 580030.

  • When was Patil Electric Works Private Limited incorporated?

    Patil Electric Works Private Limited was incorporated on 05 June 2003.

  • Who are the current directors of Patil Electric Works Private Limited?

    The current directors of Patil Electric Works Private Limited are

  • What is the primary industry of Patil Electric Works Private Limited?

    The primary industry of Patil Electric Works Private Limited is Manufacturing.

  • Is Patil Electric Works Private Limited a listed company?

    Patil Electric Works Private Limited is unlisted.

  • What is the capital structure of Patil Electric Works Private Limited?

    The authorized capital of Patil Electric Works Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.41 Cr.

  • What is the compliance status of Patil Electric Works Private Limited?

    The compliance status of Patil Electric Works Private Limited is Compliant.

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