Patil Electric Works Private Limited

Patil Electric Works Private Limited - machinery and equipment in Hubli, Karnataka, India. FY 2026 financials & compliance.
CIN U31103KA2003PTC032058 Incorporated 05 June 2003 ROC Bangalore HQ Hubli, Karnataka, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2024
₹18.27 Cr
▲ 4% YoY
Net profit · FY 2024
₹42.34 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹1.75 Cr
EBITDA margin 9.6%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.41 Cr
Issued & subscribed
Open charges
₹2.52 Cr
Satisfied ₹6.36 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
41
Provident fund records

About Patil Electric Works Private Limited

Data last updated:

Patil Electric Works Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 05 June 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31103KA2003PTC032058. Its GSTIN is 29AADCP0966E1ZD (Karnataka).

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.41 Cr. It was formerly known as Patit Electric Works Private Limited. It is led by directors including Prasad Ramesh Patil and Ramesh Alagouda Patil.

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 Spl. Plot No.7 Industrial Estate Gokul Road, Hubli, Karnataka, India – 580030.

As per the financials filed for FY 2024, the company reported a revenue of ₹18.27 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹42.34 Lakh (net margin 2.3%) and EBITDA of ₹1.75 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.

The company has about 41 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.52 Cr and satisfied charges of ₹6.36 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company.

Patil Electric Works Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0001481). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pewpl.in.

Company details

CIN U31103KA2003PTC032058
Registration Number 032058
Incorporation Date 05 June 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-13-0001481
Key People
Prasad Ramesh Patil Director Ramesh Alagouda Patil Director Ashwini Ramesh Patil Director

Recognitions & Rankings of Patil Electric Works

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-13-0001481

Contact details

Patil Electric Works Private Limited's registered office is in Hubli, Karnataka. Its website is pewpl.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    pewpl.in
  • Registered Address
    Spl. Plot No.7 Industrial Estate Gokul Road, Hubli, Karnataka, India – 580030
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Patil Electric Works Private Limited, buy the company report.

Comprehensive company report
Patil Electric Works 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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Business activity

The main business activity of Patil Electric Works is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Patil Electric Works Private Limited, buy the company report.

Financials of Patil Electric Works Private Limited

FY 2025 filings available

Patil Electric Works Private Limited reported revenue of ₹18.27 Cr (up 4% YoY) for FY 2024.

Revenue · FY 2024
₹18.27 Cr ▲ 4%
Net profit · FY 2024
₹42.34 Lakh margin 2.3%
EBITDA · FY 2024
₹1.75 Cr margin 9.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 7%
5 years · compounded
▼ 4%

Revenue has grown at a compounded annual rate (CAGR) of 16% over three years, including 4% growth in the latest year. EBITDA rose 10% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.75 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹42.34 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.6%
Net Profit Margin2.3%
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 Patil Electric Works Private Limited, buy the company report.

Board of directors of Patil Electric Works Private Limited

Patil Electric Works has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prasad Ramesh Patil
Also directs: Abslon Engineering Private Limited, Viraaj Nxgen Systems Private Limited, Spotter Mobility Solutions Private Limited
Director01 Apr 200521 Years 7 MonthsCurrent
Ramesh Alagouda PatilDirector01 Apr 20242 Years 7 MonthsCurrent
Ashwini Ramesh Patil
Also directs: Abslon Engineering Private Limited
Director01 Apr 200719 Years 7 MonthsCurrent
View all directors

Auditor

Patil Electric Works Private Limited is audited by CHARINTIMATH ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
CHARINTIMATH ASSOCIATESFY 2023000601S

Shareholding

The shareholding of Patil Electric Works Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Patil Electric Works Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.52 Cr
Satisfied charges
₹6.36 Cr
Breakdown by lending institutions
State Bank of India₹2.38 Cr
Others₹0.14 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Jun 2024100960307Others₹13.5 LakhOpen
12 Nov 2020100401887State Bank of India₹2.38 CrOpen
21 Nov 2017100137809Karnataka State Financial Corporation₹50 LakhSatisfied
25 Aug 201410528291The Shamrao Vithal Co-Operative Bank Limited₹3.26 CrSatisfied
27 Apr 201210356585The Shamrao Vithal Co-Operative Bank Limited₹83.37 LakhSatisfied

To see the full charge records of Patil Electric Works Private Limited, buy the company report.

Total charge records: 10 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Patil Electric Works Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Patil Electric Works Private Limited has a workforce of 41 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
41
Active EPFO establishments
1
Employee growth
-16.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2741
FY 2025-26
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

To see the full employee and EPFO history of Patil Electric Works Private Limited, buy the company report.

GST

Patil Electric Works has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AADCP0966E1ZDKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Patil Electric Works Private Limited, buy the company report.

Recent activity

Patil Electric Works Private Limited has 11 board changes on record since 2005: 3 appointments and 8 cessations. The latest: Ramesh Alagouda Patil was appointed as Director on 01 Apr 2024.

AGM
Patil Electric Works Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Patil Electric Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100960307 was registered on 27 Jun 2024.
Appointed
Ramesh Alagouda Patil was appointed as Director.
Charges
A charge registered on 21 Nov 2017 via Charge ID 100137809 with Karnataka State Financial Corporation was fully satisfied on 29 Nov 2023.
Ceased
Anilkumar Mallangouda Patil ceased to be Whole-Time Director.
Ceased
Ramesh Alagouda Patil ceased to be Managing Director.
Charges
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.
Charges
A charge registered on 25 Aug 2014 via Charge ID 10528291 with The Shamrao Vithal Co-Operative Bank Limited was fully satisfied on 28 Jan 2021.
Charges
A charge registered on 28 Jan 2004 via Charge ID 90192800 with Others was fully satisfied on 28 Jan 2021.
Charges
A charge with State Bank Of India amounted to Rs. 2.38 Cr with Charge ID 100401887 was registered on 12 Nov 2020.
Ceased
Pooja Somashekhar Patil ceased to be Additional Director.

23 earlier events are in the company report.

Frequently asked questions

Patil Electric Works is an active private limited company based in Hubli, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 05 June 2003 (23+ years old) and is registered under CIN U31103KA2003PTC032058.

Patil Electric Works has 3 current directors:

The latest financial statements of Patil Electric Works 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 Patil Electric Works is 29AADCP0966E1ZD, registered in Karnataka.

The CIN (Corporate Identification Number) of Patil Electric Works is U31103KA2003PTC032058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Patil Electric Works has 7 court cases on record: 7 filed by the company. Most are in the district courts.

Patil Electric Works was incorporated on 05 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.

Ramesh Alagouda Patil was appointed as Director on 01 Apr 2024. Anilkumar Mallangouda Patil ceased to be Whole-Time Director on 31 May 2023. Ramesh Alagouda Patil ceased to be Managing Director on 31 May 2023. Patil Electric Works has 11 board changes on record in total.

Yes, Patil Electric Works is registered as a small enterprise under Udyam registration (number: UDYAM-KR-13-0001481).

Patil Electric Works can be reached through the website pewpl.in. Its registered office is in Hubli, Karnataka, India.