Petron Engineering Construction Limited

Petron Engineering Construction Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L45202MH1976PLC019135 Incorporated 19 July 1976 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Liquidation Listed Public Limited Company engineering
Data last updated
Revenue · FY 2017
₹347.65 Cr
▼ 19% YoY
Net loss · FY 2017
₹13.52 Cr
Net margin -3.9%
EBITDA · FY 2017
₹6.68 Cr
EBITDA margin 1.9%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹7.54 Cr
Issued & subscribed
Open charges
₹323.68 Cr
Satisfied ₹860.35 Cr
Company age
50 yrs
Est. 1976
Employees · EPFO
70
Provident fund records

About Petron Engineering Construction Limited

Data last updated:

Petron Engineering Construction Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Kss Petron Private Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the engineering, procurement and construction (epc) segment of the engineering sector. It was incorporated on 19 July 1976.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45202MH1976PLC019135. The company has 10 GST registrations on record, none of which is active. It is a listed company.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.54 Cr.

Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Swastik Chambers 6th Floor Sion Trombay Road Chembur, Mumbai, Maharashtra, India – 400071.

As per the financials filed for FY 2017, the company reported a revenue of ₹347.65 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹13.52 Cr (net margin -3.9%) and EBITDA of ₹6.68 Cr (EBITDA margin 1.9%).

The company has about 70 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: PECL. As per MCA filings, the company has open charges of ₹323.68 Cr and satisfied charges of ₹860.35 Cr on record. Court records list 90 cases involving the company, including 29 filed by the company and 58 filed against it; 10 cases are pending. The company has 17 deals on record (17 market trades); the latest was in May 2017. Its 10 peer companies in the Engineering industry (Engineering Procurement and Construction) are compared by revenue, 5 larger and 5 smaller; the largest is Suez Ultrafor Private Limited with revenue of ₹368.75 Cr.

The last known website on record is petronengineering.com.

Company Details of Petron Engineering Construction Limited
CIN L45202MH1976PLC019135
Registration Number 019135
Incorporation Date 19 July 1976
ROC Mumbai
Listing Status Listed
Company Status Under Liquidation
Date of Last AGM 28 September 2017
Date of Balance Sheet 31 March 2017
Parent Company Kss Petron Private Limited
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Swastik Chambers 6th Floor Sion Trombay Road Chembur, Mumbai, Maharashtra, India – 400071
  • Industry
    Engineering, Engineering, Procurement & Construction (EPC)
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Financials, compliance, directors, charges, ownership and filings for Petron Engineering Construction Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Petron Engineering Construction Limited

The main business activity of Petron Engineering Construction is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstructionF3Demolition & site preparation, Electrical, plumbing & other Specialized construction ActivitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Petron Engineering Construction Limited FY 2017 filings available

Petron Engineering Construction Limited reported revenue of ₹347.65 Cr (down 19% YoY) for FY 2017.

Revenue · FY 2017
₹347.65 Cr ▼ 19%
Net loss · FY 2017
₹13.52 Cr margin -3.9%
EBITDA · FY 2017
₹6.68 Cr margin 1.9%

Compounded Annual Growth Rate (CAGR) of Petron Engineering Construction Limited

Revenue CAGR growth
1 year
▼ 19%
EBITDA CAGR growth
1 year
▼ 82%

Revenue fell 19% in the latest year. EBITDA fell 82% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Petron Engineering Construction Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••
Other Income••••••••••••
Total Revenue₹347.65 Cr••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA₹6.68 Cr••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)-₹13.52 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 Petron Engineering Construction Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin1.9%••••••••
Net Profit Margin-3.9%••••••••
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 Petron Engineering Construction are in the company report.

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Financial statements from 2015

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Peer Comparison of Petron Engineering Construction Limited

Petron Engineering Construction Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Suez Ultrafor Private Limited₹368.75 Cr (FY 2025)••••••••168.0%••••Delhi, India
Umsl Limited₹365.16 Cr (FY 2025)••••••••-24.0%••••Bhubaneswar, Odisha, India
Pragyawan Technologies Limited₹360.85 Cr (FY 2025)••••••••70.0%••••Delhi, India
Cle Private Limited₹360.3 Cr (FY 2023)••••••••355.0%••••Mumbai, Maharashtra, India
Pansen Engineering India Private Limited₹350.78 Cr (FY 2025)••••••••136.0%••••Sreebhumi, West Bengal, India
Petron Engineering Construction Limited this company₹347.65 Cr (FY 2017)••••••••-19.0%••••Mumbai, Maharashtra, India
Sterling and Wilson Data Center Private Limited₹341.37 Cr (FY 2025)••••••••••••Mumbai, Maharashtra, India
K.C.P.Sugar and Industries Corporation Limited Listed₹337.02 Cr (FY 2025)••••••••-19.0%••••Chennai, Tamil Nadu, India
L N Malviya Infra Projects Private Limited₹336.39 Cr (FY 2025)••••••••0.0%••••New Delhi, Delhi, India
Fabtech Technologies Limited₹335.94 Cr (FY 2025)••••••••46.0%••••Mumbai, Maharashtra, India
Pan India Utilities Distribution Company Limited₹334.72 Cr (FY 2018)••••••••15.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Petron Engineering Construction by revenue in the Engineering industry (Engineering Procurement and Construction), 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 Petron Engineering Construction Limited

Petron Engineering Construction Limited is audited by Lodha & Co for the financial year 2017.

NameStatusAppointment DateCessation Date
Lodha & CoLockedLockedLocked
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Board of Directors of Petron Engineering Construction Limited

Petron Engineering Construction has 27 former directors on record and no current directors listed.

Directors (as last reported)

No eligible directors currently associated with this company.

Ownership and Shareholding of Petron Engineering Construction Limited

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Charges & Borrowings of Petron Engineering Construction Limited

Open charges
₹323.68 Cr
Satisfied charges
₹860.35 Cr
Breakdown by lending institutions
Others₹202.66 Cr
The Karur Vysya Bank Limited₹50.00 Cr
Axis Bank Limited₹41.00 Cr
Icici Bank Limited₹24.50 Cr
Srei Equipment Finance Private Limited₹5.51 Cr
Latest charge details
DateLenderAmountStatus
11 Mar 2013The Karur Vysya Bank Limited₹50 CrOpen
15 Jun 2012Srei Equipment Finance Private Limited₹54.84 LakhOpen
04 May 2012Icici Bank Limited₹24.5 CrOpen
15 Mar 2012Srei Equipment Finance Private Limited₹1.68 CrOpen
24 Sep 2010Axis Bank Limited₹41 CrOpen

Total charge records: 35 View all charges

Deals & Funding of Petron Engineering Construction Limited

Petron Engineering Construction Limited has 17 deals on record (17 market trades); the latest was in May 2017.

Total deals
17
Market trades
17

Deals on record (5 of 17)

WhenDealAmountParties
Jul 2015Market trade₹1.47 CrBuyer: Rajasthan Global Securities Private Limited
Nov 2009Market trade₹1.18 CrBuyer: an individual
Seller: Sal Real Estates Private Limited
Oct 2009Market trade₹1.45 CrBuyer: Derive Trading and Resorts Private Limited
Jun 2007Market trade₹1.92 CrBuyer: JMP Securities Private Limited
Seller: JMP Securities Private Limited
Jun 2007Market trade₹1.93 CrBuyer: BP Comtrade Private Limited , Dynamic Stock Broking I Pvt Ltd
Seller: BP Comtrade Private Limited
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Petron Engineering Construction Limited

Petron Engineering Construction operates one associated brand: PECL. Each brand links to its own profile.

BrandDescriptionWebsite
Provides comprehensive engineering and construction solutions for various projects.petronengineering.com

Employees and EPFO Compliance at Petron Engineering Construction Limited

Petron Engineering Construction Limited has a workforce of 70 employees as of Apr 06, 2024.

Employee count
70
Active EPFO establishments
1
Employee growth
-81.43%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Petron Engineering Construction Limited

Petron Engineering Construction has one previous CIN (Corporate Identification Number): U45202MH1976PLC019135. The current CIN is L45202MH1976PLC019135, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L45202MH1976PLC019135Current
U45202MH1976PLC019135Previous

News related to Petron Engineering Construction Limited

Recent Activity on Petron Engineering Construction Limited

Petron Engineering Construction Limited has 52 board changes on record since 1976: 26 appointments and 26 cessations. The latest: Ajay Hans ceased to be Director on 19 Feb 2018.

Charges
A charge with Others of Rs. 24.11 Cr registered on 07 Sep 2010 with Charge ID 10241707 was modified on 17 Oct 2018.
Charges
A charge with Others of Rs. 178.55 Cr registered on 17 Feb 2009 with Charge ID 10145364 was modified on 17 Oct 2018.
Ceased
Ajay Hans ceased to be Director.
Ceased
Sanjay Jain ceased to be Director.
Ceased
Manoj Kumar Gaur ceased to be Managing Director.
Ceased
Ravi Prakash Keswani ceased to be Director.
Appointed
Manoj Kumar Gaur was appointed as Managing Director.
AGM
Petron Engineering Construction Limited last Annual general meeting of members was held on 28 Sep 2017 as per latest MCA records.
Ceased
Nandita Vijay Gupta ceased to be Director.
Ceased
Nareshchandra Vasantlal Shah ceased to be Company Secretary.
Filing
Petron Engineering Construction Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.
Charges
A charge registered on 07 Sep 2012 via Charge ID 10378144 with Tata Capital Financial Services Limited was fully satisfied on 20 Mar 2017.

114 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Petron Engineering Construction Limited

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MSME Payment Delays by Petron Engineering Construction Limited

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Subsidiaries & Group Companies of Petron Engineering Construction Limited

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GST Compliance of Petron Engineering Construction Limited

Petron Engineering Construction has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
10
Cancelled / inactive
10
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MCA Filings & Documents of Petron Engineering Construction Limited

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Frequently Asked Questions about Petron Engineering Construction Limited

Petron Engineering Construction is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Petron Engineering Construction is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in engineering, procurement and construction (epc), within the engineering industry. It was incorporated on 19 July 1976 and is registered under CIN L45202MH1976PLC019135. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Petron Engineering Construction reported revenue of ₹347.65 Cr for FY 2017 (down 19% YoY).

Petron Engineering Construction reported a net loss of ₹13.52 Cr (net margin -3.9%) and EBITDA of ₹6.68 Cr (EBITDA margin 1.9%) for FY 2017, as per its filed financial statements.

The CIN (Corporate Identification Number) of Petron Engineering Construction is L45202MH1976PLC019135. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes, Petron Engineering Construction is a listed company.

Petron Engineering Construction has open charges of ₹323.68 Cr and satisfied charges of ₹860.35 Cr as per latest MCA filings.

Petron Engineering Construction has 90 court cases on record: 29 filed by the company and 58 filed against it. 10 are pending. Most are in the high courts.

Petron Engineering Construction was incorporated on 19 July 1976. It is registered with the Registrar of Companies, Mumbai.

Petron Engineering Construction has 17 deals on record (17 market trades); the latest was in May 2017.

The peers of Petron Engineering Construction by revenue are Suez Ultrafor Private Limited, Umsl Limited, Pragyawan Technologies Limited, Cle Private Limited, Pansen Engineering India Private Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).

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