About Petrofac Projects and Services Private Limited
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Petrofac Projects and Services Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Petrofac International (Uae). It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74110TN2010FTC075285. Its GSTIN is 33AAFCP4145B1ZX (Tamil Nadu). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹18.2 Cr. It was formerly known as Petrofac Information Services Private Limited. It is led by directors including Vivek Agrawal (Whole-Time Director) and Rachana Ranjit.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹300.22 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.36 Cr (net margin 3.5%) and EBITDA of ₹19.04 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 175% over three years and 81% over five years.
The company has about 261 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website petrofac.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressDLF Infocity SEZ Office Division 02 & 03 Block 9B 7th Floor 1/124 Shivaji Gardens Nandamba, Kkam Post, Chennai, Tamil Nadu, India – 600089
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Petrofac Projects and Services Private Limited
The main business activities of Petrofac Projects and Services are information and communication and professional, scientific and technical. In detail, this covers computer programming, consultancy and related activities and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
| 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 Petrofac Projects and Services Private Limited FY 2023 filings available
Petrofac Projects and Services Private Limited reported revenue of ₹300.22 Cr (up 580% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Petrofac Projects and Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 81% over five years, including 580% growth in the latest year. EBITDA rose 41% 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 of Petrofac Projects and Services Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹300.22 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹19.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.36 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 of Petrofac Projects and Services Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| 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 Petrofac Projects and Services are in the company report.
Financial statements from 2015
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.
Peer Comparison of Petrofac Projects and Services Private Limited
Petrofac Projects and Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rahi Systems Private Limited | ₹306.5 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Pune, Maharashtra, India |
| Marlabs Innovations Private Limited | ₹305.88 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Bangalore, Karnataka, India |
| Shi Solutions India Private Limited | ₹305.38 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Hyderabad, Telangana, India |
| Virinchi Limited Listed | ₹304.83 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
| Diamond Infosystems Limited | ₹300.67 Cr (FY 2017) | •••• | •••• | 2.0% | •••• | Vadodara, Gujarat, India |
| Petrofac Projects and Services Private Limited this company | ₹300.22 Cr (FY 2023) | •••• | •••• | 580.0% | •••• | Chennai, Tamil Nadu, India |
| Asm Technologies Limited Listed | ₹297.62 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Bangalore, Karnataka, India |
| Euroflex Transmissions (India) Private Limited | ₹295.91 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
| Mek Peripherals India Private Limited | ₹295.3 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Wago Private Limited | ₹294.88 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| VMS Industries Limited Listed | ₹293.3 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Petrofac Projects and Services by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Petrofac Projects and Services Private Limited
Petrofac Projects and Services Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Associates LLP | 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 Petrofac Projects and Services Private Limited
Petrofac Projects and Services has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Desmond Maurice Thurlby | Additional Director | 11 Jan 2024 | 2 Years 8 Months | Current |
| Rachana Ranjit | Director | 28 Mar 2023 | 3 Years 6 Months | Current |
| Vivek Agrawal Also directs: Petrofac Engineering Services India Private Limited | Whole-Time Director | 15 May 2023 | 3 Years 4 Months | Current |
Ownership and Shareholding of Petrofac Projects and Services 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 Petrofac Projects and Services Private Limited
Petrofac Projects and Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Petrofac Projects and Services Private Limited
Petrofac Projects and Services Private Limited has a workforce of 261 employees as of Apr 05, 2024.
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.
CIN History of Petrofac Projects and Services Private Limited
Petrofac Projects and Services has one previous CIN (Corporate Identification Number): U72900TN2010FTC075285. The current CIN is U74110TN2010FTC075285, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110TN2010FTC075285 | Current |
| U72900TN2010FTC075285 | Previous |
News related to Petrofac Projects and Services Private Limited
Recent Activity on Petrofac Projects and Services Private Limited
Petrofac Projects and Services Private Limited has 21 board changes on record since 2013: 3 appointments and 18 cessations. The latest: Desmond Maurice Thurlby was appointed as Additional Director on 11 Jan 2024.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Petrofac Projects and Services 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 Petrofac Projects and Services 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 Petrofac Projects and Services 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 Petrofac Projects and Services Private Limited
Petrofac Projects and Services has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCP4145B1ZX | Tamil Nadu | Active | 01 Jul 2017 |
| 08AAFCP4145B1ZQ | Rajasthan | Active | 16 Feb 2021 |
| 37AAFCP4145B1ZP | Andhra Pradesh | Active | 02 Mar 2022 |
| 27AAFCP4145B1ZQ | Maharashtra | Active | 01 Nov 2023 |
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 Petrofac Projects and Services 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 Petrofac Projects and Services Private Limited
Petrofac Projects and Services is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 April 2010 (16+ years old) and is registered under CIN U74110TN2010FTC075285.
Petrofac Projects and Services reported revenue of ₹300.22 Cr for FY 2023 (up 580% YoY).
Petrofac Projects and Services has 3 current directors:
- Vivek Agrawal - Whole-Time Director
- Desmond Maurice Thurlby - Additional Director
- Rachana Ranjit - Director
Petrofac Projects and Services reported a net profit of ₹10.36 Cr (net margin 3.5%) and EBITDA of ₹19.04 Cr (EBITDA margin 6.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Petrofac Projects and Services is 175% over three years and 81% over five years. In the latest year (FY 2023) revenue rose 580%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Petrofac Projects and Services is 33AAFCP4145B1ZX, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 08AAFCP4145B1ZQ (Rajasthan), 37AAFCP4145B1ZP (Andhra Pradesh), 27AAFCP4145B1ZQ (Maharashtra).
The CIN (Corporate Identification Number) of Petrofac Projects and Services is U74110TN2010FTC075285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Petrofac Projects and Services was incorporated on 08 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Petrofac Projects and Services by revenue are Rahi Systems Private Limited, Marlabs Innovations Private Limited, Shi Solutions India Private Limited, Virinchi Limited, Diamond Infosystems Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Desmond Maurice Thurlby was appointed as Additional Director on 11 Jan 2024. Rachana Ranjit ceased to be Additional Director on 29 Sep 2023. Jonathan Tresilian Kennefick ceased to be Additional Director on 22 Sep 2023. Petrofac Projects and Services has 21 board changes on record in total.
Petrofac Projects and Services can be reached through the website petrofac.com. Its registered office is in Chennai, Tamil Nadu, India.