Petronet India Limited
About Petronet India Limited
Data last updated:
Petronet India Limited is a public limited company based in Mumbai, Maharashtra, India. 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 power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 26 May 1997.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH1997PLC108251. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Ramamoorthy Ramachandran and Kamal Kumar Gwalani.
Its last annual general meeting (AGM) was held on 24 July 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Bpcl Sewree A/K Installation Sewree Fort Road Sewree (East), Mumbai, Maharashtra, India – 400015.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.9 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹2.07 Cr (net margin 71.3%) and EBITDA of ₹2.6 Cr (EBITDA margin 89.6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
The company has 4 deals on record (4 secondary share transfers); the latest was in July 2010. Its 10 peer companies in the Infrastructure industry (Power Projects) are compared by revenue, 5 larger and 5 smaller; the largest is G K N Resources India Private Limited with revenue of ₹2.97 Cr.
CIN History of Petronet India Limited
Petronet India has one previous CIN (Corporate Identification Number): U45203MH1997PTC108251. The current CIN is U45203MH1997PLC108251, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45203MH1997PLC108251 | Current |
| U45203MH1997PTC108251 | Previous |
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- Registered AddressBpcl Sewree A/K Installation Sewree Fort Road Sewree (East), Mumbai, Maharashtra, India – 400015
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
- 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
Financials of Petronet India Limited FY 2018 filings available
Petronet India Limited reported revenue of ₹2.9 Cr (down 53% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Petronet India Limited
Revenue fell 53% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 96% 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 Petronet India Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.6 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.07 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 Petronet India Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 89.6% | •••• | •••• | •••• |
| Net Profit Margin | 71.3% | •••• | •••• | •••• |
| 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 Petronet India 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.
Board of Directors of Petronet India Limited
Petronet India has 8 current directors and 39 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 | Director | 28 Nov 2017 | 8 Years 10 Months | As last reported |
| Kamal Kumar Gwalani | Director | 05 Dec 2014 | 11 Years 10 Months | As last reported |
| Shyamsunder Kashinath Kamat | Additional Director | 27 Aug 2018 | 8 Years 1 Months | As last reported |
| Krishna Kumar Gangadharan Also directs: Mahindra Last Mile Mobility Limited | Director | 23 Feb 2007 | 19 Years 7 Months | As last reported |
| Satya Prakash Gupta | Director | 14 Oct 2015 | 11 Years 0 Months | As last reported |
| Shekhar Agrawal Kumar | Director | 20 Jun 2018 | 8 Years 4 Months | As last reported |
Peer Comparison of Petronet India Limited
Petronet India Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Power Projects). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G K N Resources India Private Limited | ₹2.97 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | Gandhidham, Gujarat, India |
| Agriennergy Partner Private Limited | ₹2.97 Cr (FY 2025) | •••• | •••• | -84.0% | •••• | Pune, Maharashtra, India |
| Isha Power Projects Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Begusarai, Bihar, India |
| Narasimhaswamy Solar Generations Private Limited | ₹2.91 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Nandyal, Andhra Pradesh, India |
| Khemka Power Projects Private Limited | ₹2.9 Cr (FY 2019) | •••• | •••• | -92.0% | •••• | Delhi, India |
| Petronet India Limited this company | ₹2.9 Cr (FY 2018) | •••• | •••• | -53.0% | •••• | Mumbai, Maharashtra, India |
| New Vision Wind Power Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Coimbatore, Tamil Nadu, India |
| Protech Transpower Private Limited | ₹2.86 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Nashik, Maharashtra, India |
| SRS Energy Private Limited | ₹2.86 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mysore, Karnataka, India |
| Panitek Power Private Limited | ₹2.85 Cr (FY 2024) | •••• | •••• | 191.0% | •••• | New Delhi, Delhi, India |
| Bamaa Power Projects Private Limited | ₹2.85 Cr (FY 2025) | •••• | •••• | -56.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Petronet India by revenue in the Infrastructure industry (Power Projects), 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 Petronet India Limited
Petronet India Limited is audited by SANGHVI SANGHVI & SANGHVI for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANGHVI SANGHVI & SANGHVI | 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.
Ownership and Shareholding of Petronet India 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 Petronet India Limited
Petronet India Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Petronet India Limited
Petronet India Limited has 4 deals on record (4 secondary share transfers); the latest was in July 2010.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: Bharat Petroleum Corporation Limited , an individual Seller: Bharat Petroleum Corporation Ltd. jointly with A.K Bansal, an individual |
| Aug 2009 | Secondary share transfer | Undisclosed | Buyer: Bharat Petroleum Corporation Ltd. jointly with A.K Bansal Seller: Bharat Petroleum Corporation Limited |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: Indian Oil Corporation Limited , Raju Ranganathan Jointly with India Oil Corporation Ltd Seller: IBP Company Ltd, an individual |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: State Bank Of India, Bharat Petroleum Corporation Limited , Nayara Energy Limited , an individual Seller: Others Petronet India Limited, Infrastructure Leasing And Financial Services Limited, Hindustan Petroleum Corporation Limited , an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Petronet India Limited
Petronet India Limited has a workforce of 0 employees as of Apr 07, 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.
Recent Activity on Petronet India Limited
Petronet India Limited has 46 board changes on record since 1999: 8 appointments and 38 cessations. The latest: Shyamsunder Kashinath Kamat was appointed as Additional Director on 27 Aug 2018.
37 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Petronet India 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 Petronet India 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 Petronet India 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 Petronet India Limited
Petronet India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Petronet India 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.
Related news about Petronet India Limited
Frequently Asked Questions about Petronet India Limited
Petronet India 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.
Petronet India is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 26 May 1997 and is registered under CIN U45203MH1997PLC108251. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Petronet India reported revenue of ₹2.9 Cr for FY 2018 (down 53% YoY).
Petronet India has 8 current directors:
- Ramamoorthy Ramachandran - Director
- Kamal Kumar Gwalani - Director
- Shyamsunder Kashinath Kamat - Additional Director
- Krishna Kumar Gangadharan - Director
- Satya Prakash Gupta - Director
- Shekhar Agrawal Kumar - Director
- Raghavendran Pullootupadath - Director
- Shrikant Madhukar Bhosekar - Director
Petronet India reported a net profit of ₹2.07 Cr (net margin 71.3%) and EBITDA of ₹2.6 Cr (EBITDA margin 89.6%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Petronet India is 23% over three years. In the latest year (FY 2018) revenue fell 53%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Petronet India is U45203MH1997PLC108251. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Petronet India was incorporated on 26 May 1997. It is registered with the Registrar of Companies, Mumbai.
Petronet India has 4 deals on record (4 secondary share transfers); the latest was in July 2010.
The peers of Petronet India by revenue are G K N Resources India Private Limited, Agriennergy Partner Private Limited, Isha Power Projects Private Limited, Narasimhaswamy Solar Generations Private Limited, Khemka Power Projects Private Limited and 5 more, all in the Infrastructure industry (Power Projects).
Shyamsunder Kashinath Kamat was appointed as Additional Director on 27 Aug 2018. Gurmeet Singh ceased to be Additional Director on 24 Jul 2018. Ramamoorthy Ramachandran ceased to be Additional Director on 24 Jul 2018. Petronet India has 46 board changes on record in total.