About Petronet CCK Limited
Data last updated:
Petronet CCK Limited was a public limited company based in Ernakulam, Kerala, India, operated as a subsidiary of Bharat Petroleum Corporation Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the oil and gas distribution and transmission segment of the energy and power sector. It was incorporated on 18 June 1998.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U60300KL1998PLC012336. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹135 Cr and a paid-up capital of ₹100 Cr. It was led by directors including Sam Varghese and Dipti Vasant Sanzgiri.
Its last annual general meeting (AGM) was held on 07 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at C/O Bharat Petroleum Corporation Limited New Oil Instal Lation Irimpanam, Ernakulam, Kerala, India – 682309.
As per the financials filed for FY 2017, the company reported a revenue of ₹116.47 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹58.41 Cr (net margin 50.1%) and EBITDA of ₹95.93 Cr (EBITDA margin 82.4%).
The company had about 52 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Petronet CCK Limited. As per MCA filings, the company had satisfied charges of ₹291 Cr on record. Court records list 260 cases involving the company, including 142 filed by the company and 118 filed against it; 6 cases are pending. The company has 2 deals on record (2 acquisitions); the latest was in April 2016.
The last known website on record is petronetcck.com.
Company details
Contact details
Petronet CCK Limited's registered office is in Ernakulam, Kerala. Its website is petronetcck.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O Bharat Petroleum Corporation Limited New Oil Instal Lation Irimpanam, Ernakulam, Kerala, India – 682309
- IndustryEnergy and Power, Oil & Gas Distribution & Transmission
To see the full contact details of Petronet CCK 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
Petronet CCK operates one associated brand: Petronet CCK Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Petronet CCK Limited operates pipelines for the transportation of petroleum products. | petronetcck.com |
Business activity
The main business activity of Petronet CCK is transport and storage. In detail, this covers land transport via railways & pipelines.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H2 | Land transport via Railways & Pipelines |
To see the full business activity and turnover split of Petronet CCK Limited, buy the company report.
Financials of Petronet CCK Limited
FY 2017 filings availablePetronet CCK Limited reported revenue of ₹116.47 Cr (down 1% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year. EBITDA fell 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹116.47 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹95.93 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹58.41 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 82.4% | ||
| Net Profit Margin | 50.1% | ||
| 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 Petronet CCK Limited, buy the company report.
Board of directors of Petronet CCK Limited
Petronet CCK has 7 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramamoorthy Ramachandran Also directs: Aarvi Encon Limited | Additional Director | 23 Nov 2017 | 8 Years 11 Months | As last reported |
| Sam Varghese Also directs: Savat Realty Private Limited | Director | 25 Jul 2016 | 10 Years 2 Months | As last reported |
| Dipti Vasant Sanzgiri Also directs: Ongc Petro Additions Limited, New Acropolis Cultural Organization | Director | 12 Oct 2015 | 11 Years 0 Months | As last reported |
| Neelakantapillai Vijayagopal | Additional Director | 12 Sep 2017 | 9 Years 1 Months | As last reported |
| Prasad Krishna Panicker Also directs: Nayara Energy Limited, Coviva Energy Terminals Limited | Director | 22 Feb 2013 | 13 Years 8 Months | As last reported |
| Pathakattyl Mathai Thomas | Director | 03 Sep 2015 | 11 Years 1 Months | As last reported |
Auditor
Petronet CCK Limited is audited by MENON & AYYAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MENON & AYYAR | FY 2017 | 002058S |
Shareholding
The shareholding of Petronet CCK Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Petronet CCK Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2010 | 10249963 | Hdfc Bank Limited | ₹41 Cr | Satisfied | |
| 08 Dec 2004 | 90020292 | Canara Bank | ₹250 Cr | Satisfied |
To see the full charge records of Petronet CCK Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Petronet CCK Limited has 2 deals on record (2 acquisitions); the latest was in April 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2016 | Acquisition | ₹78.21 Cr | Buyer: Bharat Petroleum Corporation Limited Seller: Petronet India Limited |
| May 2015 | Acquisition | Undisclosed | Buyer: Bharat Petroleum Corporation Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Petronet CCK Limited has 260 court cases on record: 142 filed by Petronet CCK, 118 filed against it. 6 cases are pending and 254 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 167 | 37 | 5 |
| District courts | 83 | 80 | 1 |
| Supreme Court | 10 | 1 | 0 |
Cases on record (5 of 260)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Execution petition | Filed by the company against Western India Kinfra Ltd and 1 other | Disposed |
| High Court | Revision petition | Filed by the company against Western India Kinfra Limited and 1 other | Disposed |
| High Court | Writ petition | Filed against the company by individuals | Pending |
| District court, Thrissur, Kerala | Court case (LAR) | Filed by the company against State of Kerala (Collector) and 1 other | Pending |
| High Court, Kerala | Revision petition | Filed against the company by an individual | Pending |
To see the full case history of Petronet CCK 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
No delayed payments to MSME suppliers are on our record for Petronet CCK Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Petronet CCK Limited has a workforce of 52 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Petronet CCK has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Petronet CCK Limited, buy the company report.
Recent activity
Petronet CCK Limited has 29 board changes on record since 2007: 7 appointments and 22 cessations. The latest: Mohan Vattompadhath Nair ceased to be Managing Director on 31 Mar 2018.
26 earlier events are in the company report.
Frequently asked questions
Petronet CCK has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Petronet CCK was a public limited company based in Ernakulam, Kerala, India. The company worked in oil and gas distribution and transmission, within the energy and power industry. It was incorporated on 18 June 1998 and is registered under CIN U60300KL1998PLC012336. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Petronet CCK was incorporated on 18 June 1998. It is registered with the Registrar of Companies, Ernakulam.
Petronet CCK had 7 directors:
- Ramamoorthy Ramachandran - Additional Director
- Sam Varghese - Director
- Dipti Vasant Sanzgiri - Director
- Neelakantapillai Vijayagopal - Additional Director
- Prasad Krishna Panicker - Director
- Pathakattyl Mathai Thomas - Director
- Shekhar Agrawal Kumar - Director
The CIN (Corporate Identification Number) of Petronet CCK is U60300KL1998PLC012336. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Petronet CCK is at CO Bharat Petroleum Corporation Limited New Oil Instal Lation Irimpanam, Ernakulam, Kerala, India – 682309.
Petronet CCK can be reached through the website petronetcck.com. Its registered office is in Ernakulam, Kerala, India.
The latest financial statements of Petronet CCK on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 07 September 2017. Year-wise statements from 2015 are in the company report.
No. Petronet CCK has 2 GST registrations on record and all of them are cancelled or inactive.
Petronet CCK operated in the energy and power industry, in the oil and gas distribution and transmission segment.