Patvel Technologies Private Limited
About Patvel Technologies Private Limited
Data last updated:
Patvel Technologies Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the scientific services segment of the professional services sector. It was incorporated on 08 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72900TZ2016PTC027646. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Meera Devi and Swetha.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 53/77 And 78 Chinnamuthu Street Nasianoor Road, Erode, Tamil Nadu, India – 638011.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.11 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹33,050 (net margin -3.6%) and EBITDA of -₹28,097 (EBITDA margin -3.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address53/77 And 78 Chinnamuthu Street Nasianoor Road, Erode, Tamil Nadu, India – 638011
- IndustryProfessional Services, Scientific, Personal, Technical
- 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
- One PDF report, delivered after checkout
Business Activity of Patvel Technologies Private Limited
The main business activity of Patvel Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Patvel Technologies Private Limited FY 2019 filings available
Patvel Technologies Private Limited reported revenue of ₹9.11 Lakh (down 50% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Patvel Technologies Private Limited
Revenue fell 50% in the latest year. EBITDA fell 263% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Patvel Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| 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 | -₹28,097 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹33,050 | •••• | •••• |
| 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 of Patvel Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -3.1% | •••• | •••• |
| Net Profit Margin | -3.6% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Patvel Technologies are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Patvel Technologies Private Limited
Patvel Technologies Private Limited is audited by R MURALIDHARAN for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R MURALIDHARAN | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Patvel Technologies Private Limited
Patvel Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meera Devi Also directs: Candidmen Fashion Private Limited | Director | 08 Jun 2016 | 10 Years 3 Months | Current |
| Swetha Also directs: Candidmen Fashion Private Limited | Director | 02 Apr 2018 | 8 Years 6 Months | Current |
Ownership and Shareholding of Patvel Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Patvel Technologies Private Limited
Patvel Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Patvel Technologies Private Limited
Employment history and EPFO contributions of people linked to Patvel Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Patvel Technologies Private Limited
Director changes at Patvel Technologies Private Limited
Patvel Technologies Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Rishabh Poddar ceased to be Director on 02 Apr 2018.
Credit Ratings, Litigation & Regulatory Alerts for Patvel Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Patvel Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Patvel Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Patvel Technologies Private Limited
Patvel Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Patvel Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Patvel Technologies Private Limited
Patvel Technologies is an active private limited company based in Erode, Tamil Nadu, India. The company works in scientific, within the professional services industry. It was incorporated on 08 June 2016 (10+ years old) and is registered under CIN U72900TZ2016PTC027646.
Patvel Technologies reported revenue of ₹9.11 Lakh for FY 2019 (down 50% YoY).
Patvel Technologies has 2 current directors:
- Meera Devi - Director
- Swetha - Director
Patvel Technologies reported a net loss of ₹33,050 (net margin -3.6%) and EBITDA of -₹28,097 (EBITDA margin -3.1%) for FY 2019, as per its filed financial statements.
No. Patvel Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Patvel Technologies is U72900TZ2016PTC027646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Patvel Technologies was incorporated on 08 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
Rishabh Poddar ceased to be Director on 02 Apr 2018. Swetha was appointed as Director on 02 Apr 2018. Yogesh Sanjay Chougule ceased to be Director on 02 Sep 2016. Patvel Technologies has 6 board changes on record in total.
The registered office of Patvel Technologies is at 5377 And 78 Chinnamuthu Street Nasianoor Road, Erode, Tamil Nadu, India – 638011.
Patvel Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.