About Penver Products Limited
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Penver Products Limited is a public limited company based in Aroor, Kerala, India. It operates in the fisheries and aquaculture segment of the agriculture sector. It was incorporated on 18 March 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U05004KL1999PLC012901. Its GSTIN is 32AABCP9603J1ZH (Kerala). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹90 Cr and a paid-up capital of ₹53.4 Cr. It was formerly known as Penver Products Private Limited. It is led by directors including Philips Thomas (Managing Director) and Abdulkareem Abdulmajeed (Whole-Time Director).
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 Ap22/610 A & 610 B District Industries Estate, Aroor, Kerala, India – 688534.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,132.2 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹19.59 Cr (net margin 1.7%) and EBITDA of ₹47.33 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 1,223 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Penver Products. As per MCA filings, the company has open charges of ₹339.95 Cr and satisfied charges of ₹136.05 Cr on record. Court records list 20 cases involving the company, including 8 filed by the company and 12 filed against it; 9 cases are pending. The company has 20 deals on record (12 secondary share transfers, 8 funding rounds), with disclosed funding of ₹27.09 Cr; the latest was in August 2023. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 37 overdue payments to 6 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website penverproducts.com.
Company details
CIN history
Penver Products has one previous CIN (Corporate Identification Number): U05004KL1999PTC012901. The current CIN is U05004KL1999PLC012901, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U05004KL1999PLC012901 | Current |
| U05004KL1999PTC012901 | Previous |
Contact details
Penver Products Limited's registered office is in Aroor, Kerala. Its website is penverproducts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAp22/610 A & 610 B District Industries Estate, Aroor, Kerala, India – 688534
- IndustryAgriculture, Fisheries & Aquaculture
To see the full contact details of Penver Products Limited, buy the company report.
- 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
Brands
Penver Products operates one associated brand: Penver Products. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Seafood aquaculture, processing, and export operations in India. | penverproducts.com |
Business activity
The main business activity of Penver Products is agriculture, forestry and fishing. In detail, this covers fishing and aquaculture.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry and fishing | 03 | Fishing and aquaculture |
To see the full business activity and turnover split of Penver Products Limited, buy the company report.
Financials of Penver Products Limited
FY 2025 filings availablePenver Products Limited reported revenue of ₹1,132.2 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 5% growth in the latest year. EBITDA rose 130% 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 | |||||
| Total Revenue | ₹1,132.2 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹47.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.59 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 Penver Products Limited, buy the company report.
Board of directors of Penver Products Limited
Penver Products has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abdulkareem Abdulmajeed | Whole-Time Director | 01 Sep 2016 | 10 Years 2 Months | Current |
| Anandavally Narayanan Also directs: Innovative Foods Limited | Director | 03 May 2025 | 1 Years 6 Months | Current |
| Chundezhom Karunakara Panicker Gopalannair Also directs: Kings International Limited | Director | 21 Mar 2018 | 8 Years 7 Months | Current |
| Madhukrishna Ganta | Whole-Time Director | 23 Jan 2015 | 11 Years 9 Months | Current |
| Vinodkumar Kunnath Puthiyaveetil | Whole-Time Director | 01 Nov 2001 | 25 Years 0 Months | Current |
| Philips Thomas | Managing Director | 31 Jan 2007 | 19 Years 9 Months | Current |
Auditor
Penver Products Limited is audited by Babu Mathew and Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Babu Mathew and Associates | FY 2025 | 007398S |
Shareholding
The shareholding of Penver Products 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 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Penver Products Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 2025 | 101205323 | Hdfc Bank Limited | ₹94.73 Lakh | Open | |
| 22 Oct 2025 | 101172757 | The South Indian Bank Limited | ₹10.32 Lakh | Open | |
| 07 Jul 2025 | 101122689 | Others | ₹50,000 | Open | |
| 12 Jun 2025 | 101108484 | Hdfc Bank Limited | ₹13.35 Lakh | Open | |
| 05 Jun 2025 | 101114003 | Others | ₹13.35 Lakh | Open |
To see the full charge records of Penver Products Limited, buy the company report.
Total charge records: 66 View all charges
Deals & funding
Penver Products Limited has 20 deals on record (12 secondary share transfers, 8 funding rounds), with disclosed funding of ₹27.09 Cr; the latest was in August 2023.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Penver Products Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Penver Products Limited has 20 court cases on record: 8 filed by Penver Products, 12 filed against it. 9 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 7 | 6 |
| High courts | 9 | 4 | 2 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by The State of Andhra Pradesh | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Jungheinrich Lift Truck India Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Jungheinrich Lift Truck India Pvt. Ltd. | Pending |
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against M/S. South Indian Bank Ltd. | Disposed |
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against M/S South Indian Bank Ltd. | Disposed |
To see the full case history of Penver Products 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.
Credit ratings & regulatory alerts
Penver Products Limited was last rated by Icra on 15 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Feb 2022 |
To see the full credit ratings and regulatory alerts of Penver Products Limited, buy the company report.
MSME payment delays
Penver Products Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 37 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| T.G.Polymers & Co. (H) | |||
| Prime Cartons | |||
| Highness Pack Industries | |||
| Pacific Packaging | |||
| Balamurugan Refrigeration Engineers |
To see the full MSME payment records of Penver Products Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Penver Products has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Gayathri Aqua Sea Food Exports Private Limited | U05001AP2015PTC096346 |
To see the full group structure of Penver Products Limited, buy the company report.
Employees & EPFO
Penver Products Limited has a workforce of 1,223 employees on its EPFO records as of May 2026, across 3 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,223 |
| 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 Penver Products Limited, buy the company report.
GST
Penver Products has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCP9603J1ZH | Kerala | Active | 01 Jul 2017 |
| 37AABCP9603J1Z7 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Penver Products Limited, buy the company report.
Recent activity
Penver Products Limited has 17 board changes on record since 2001: 8 appointments and 9 cessations. The latest: Anandavally Narayanan was appointed as Director on 03 May 2025.
121 earlier events are in the company report.
Frequently asked questions
Penver Products is an active public limited company based in Aroor, Kerala, India. The company works in fisheries and aquaculture, within the agriculture industry. It was incorporated on 18 March 1999 (27+ years old) and is registered under CIN U05004KL1999PLC012901.
Penver Products has 8 current directors:
- Philips Thomas - Managing Director
- Abdulkareem Abdulmajeed - Whole-Time Director
- Madhukrishna Ganta - Whole-Time Director
- Vinodkumar Kunnath Puthiyaveetil - Whole-Time Director
- Anandavally Narayanan - Director
- Chundezhom Karunakara Panicker Gopalannair - Director
- Kandathil Nainan Mathew - Director
- Rekha Philips - Additional Director
The latest financial statements of Penver Products 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 Penver Products is 32AABCP9603J1ZH, registered in Kerala. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 37AABCP9603J1Z7 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Penver Products is U05004KL1999PLC012901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Penver Products has 20 court cases on record: 8 filed by the company and 12 filed against it. 9 are pending. Most are in the district courts.
Penver Products was incorporated on 18 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ernakulam.
Penver Products has 20 deals on record (12 secondary share transfers, 8 funding rounds), with disclosed funding of ₹27.09 Cr; the latest was in August 2023.
Anandavally Narayanan was appointed as Director on 03 May 2025. Rekha Philips was appointed as Additional Director on 08 Mar 2025. George Cheeramvelil Varghese ceased to be CFO on 13 Feb 2023. Penver Products has 17 board changes on record in total.
Penver Products has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 37 overdue payments to 6 micro and small suppliers. The latest return was filed on 28 May 2019.
Penver Products can be reached through the website penverproducts.com. Its registered office is in Aroor, Kerala, India.
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