About Petroexcel Technology Services Private Limited
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Petroexcel Technology Services Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 10 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74200GJ2020PTC114508. Its GSTIN is 24AALCP2347M1Z3 (Gujarat).
The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1.21 Lakh. It is led by directors including Sagar Anilkumar Barot and Kantilal Karsandas Thacker.
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 Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.97 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹1.87 Cr (net margin -1.9%) and EBITDA of ₹2.85 Cr (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years.
The company has about 344 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Petroexcel Technology. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
For more details, the company can be reached via its website petroexceltech.com.
Company details
Contact details
Petroexcel Technology Services Private Limited's registered office is in Vadodara, Gujarat. Its website is petroexceltech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock 5 73 East Avenue Sarabhai Campus, Near Genda Circle Gorwa Road, Vadodara, Gujarat, India – 390023
- IndustryEngineering, Industrial Maintenance & Repair Services
To see the full contact details of Petroexcel Technology Services Private 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
Petroexcel Technology Services operates one associated brand: Petroexcel Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Design and engineering services are delivered in oil and energy industries. | petroexceltech.com |
Business activity
The main business activity of Petroexcel Technology Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities and accounting, book keeping and auditing activities, tax consultancy. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Petroexcel Technology Services Private Limited, buy the company report.
Financials of Petroexcel Technology Services Private Limited
FY 2025 filings availablePetroexcel Technology Services Private Limited reported revenue of ₹98.97 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 82% over three years, including 15% growth 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 |
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| EBITDA | ₹2.85 Cr | ||||
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| Net Profit (PAT) | -₹1.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | -1.9% | ||||
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To see the full financial statements and ratios of Petroexcel Technology Services Private Limited, buy the company report.
Board of directors of Petroexcel Technology Services Private Limited
Petroexcel Technology Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Anilkumar Barot | Director | 22 Jan 2024 | 2 Years 9 Months | Current |
| Kantilal Karsandas Thacker | Director | 10 Jul 2020 | 6 Years 3 Months | Current |
| Dharit Kantilal Thacker Also directs: Para Shipping Services LLP | Director | 10 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Petroexcel Technology Services Private Limited is audited by K S DAS & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S DAS & ASSOCIATES | FY 2024 | 0135157W |
Shareholding
The shareholding of Petroexcel Technology Services Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Petroexcel Technology Services Private Limited, buy the company report.
Legal cases
Petroexcel Technology Services Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
To see the full case history of Petroexcel Technology Services Private 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.
MSME payment delays
Petroexcel Technology Services Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Netcom Systems | |||
| an individual supplier |
To see the full MSME payment records of Petroexcel Technology Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Petroexcel Technology Services Private Limited has a workforce of 344 employees on its EPFO records as of Apr 14, 2025, across 1 active EPFO establishment.
GST
Petroexcel Technology Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCP2347M1Z3 | Gujarat | Active | 06 Aug 2020 |
To see the full GST registrations and return filing status of Petroexcel Technology Services Private Limited, buy the company report.
Recent activity
Petroexcel Technology Services Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Sagar Anilkumar Barot ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Petroexcel Technology Services is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 10 July 2020 (6+ years old) and is registered under CIN U74200GJ2020PTC114508.
Petroexcel Technology Services has 3 current directors:
- Sagar Anilkumar Barot - Director
- Kantilal Karsandas Thacker - Director
- Dharit Kantilal Thacker - Director
The latest financial statements of Petroexcel Technology Services 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 FY 2021 are in the company report.
The GSTIN of Petroexcel Technology Services is 24AALCP2347M1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Petroexcel Technology Services is U74200GJ2020PTC114508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Petroexcel Technology Services has 2 court cases on record: 2 filed against it. 2 are pending.
Petroexcel Technology Services was incorporated on 10 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sagar Anilkumar Barot ceased to be Additional Director on 29 Sep 2024. Sagar Anilkumar Barot was appointed as Director on 22 Jan 2024. Yogesh Patel ceased to be Additional Director on 29 Nov 2021. Petroexcel Technology Services has 5 board changes on record in total.
Petroexcel Technology Services has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 26 Oct 2021.
Petroexcel Technology Services can be reached through the website petroexceltech.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Petroexcel Technology Services is at Block 5 73 East Avenue Sarabhai Campus, Near Genda Circle Gorwa Road, Vadodara, Gujarat, India – 390023.
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