Ducon Petroleum Private Limited

Ducon Petroleum Private Limited - chemicals and materials in Udaipur, Rajasthan, India. FY 2026 financials & compliance.
CIN U23203RJ2017PTC058217 Incorporated 02 June 2017 ROC Jaipur HQ Udaipur, Rajasthan, India
Active Private Limited Company chemicals and materials MSME · Micro
Data last updated
Revenue · FY 2023
₹10.67 Lakh
▼ 78% YoY
Net loss · FY 2023
₹1.29 Lakh
Net margin -12.1%
EBITDA · FY 2023
-₹16,436
EBITDA margin -1.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Ducon Petroleum Private Limited

Data last updated:

Ducon Petroleum Private Limited is a private limited company based in Udaipur, Rajasthan, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 02 June 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U23203RJ2017PTC058217. Its GSTIN is 08AAGCD2054G1ZV (Rajasthan).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Preeti Solanki and Ram Chandra Solanki.

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 2 – A Matra Kripa Building Rajendra Nagar 100 Ft. Road Sukher, Udaipur, Rajasthan, India – 313001.

As per the financials filed for FY 2023, the company reported a revenue of ₹10.67 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹1.29 Lakh (net margin -12.1%) and EBITDA of -₹16,436 (EBITDA margin -1.5%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 30% over five years.

Ducon Petroleum Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-33-0011570). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website duconpetroleum.in.

Company details

CIN U23203RJ2017PTC058217
Registration Number 058217
Incorporation Date 02 June 2017
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-RJ-33-0011570

Recognitions & Rankings of Ducon Petroleum

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-RJ-33-0011570

Contact details

Ducon Petroleum Private Limited's registered office is in Udaipur, Rajasthan. Its website is duconpetroleum.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    2 – A Matra Kripa Building Rajendra Nagar 100 Ft. Road Sukher, Udaipur, Rajasthan, India – 313001
  • Industry
    Chemicals and Materials, Chemical Distribution & Retail

To see the full contact details of Ducon Petroleum Private Limited, buy the company report.

Comprehensive company report
Ducon Petroleum Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Ducon Petroleum is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Ducon Petroleum Private Limited, buy the company report.

Financials of Ducon Petroleum Private Limited

FY 2023 filings available

Ducon Petroleum Private Limited reported revenue of ₹10.67 Lakh (down 78% YoY) for FY 2023.

Revenue · FY 2023
₹10.67 Lakh ▼ 78%
Net loss · FY 2023
₹1.29 Lakh margin -12.1%
EBITDA · FY 2023
-₹16,436 margin -1.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 78%
3 years · compounded
▼ 31%
5 years · compounded
▼ 30%
EBITDA CAGR growth
1 year
▼ 115%
3 years · compounded
▼ 27%
5 years · compounded
▼ 17%

Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 78% fall in the latest year. EBITDA fell 115% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹16,436
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.29 Lakh
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-1.5%
Net Profit Margin-12.1%
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 Ducon Petroleum Private Limited, buy the company report.

Board of directors of Ducon Petroleum Private Limited

Ducon Petroleum has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Preeti SolankiDirector02 Jun 20179 Years 4 MonthsCurrent
Ram Chandra SolankiDirector02 Jun 20179 Years 4 MonthsCurrent

Peer comparison

Ducon Petroleum Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, Petroleum), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kothari International Trading Private Limited₹10.74 Lakh (FY 2022)3.0%Nungambakkam Chennai, Tamil Nadu, India
Ducon Petroleum Private Limitedthis company₹10.67 Lakh (FY 2023)-₹1.29 Lakh-12.1%-78.0%Udaipur, Rajasthan, India
Eiffel Grease and Lubricants Private Limited₹10.65 Lakh (FY 2024)-92.0%Hyderabad, Telangana, India
Purohit Minerals & Chemicals Pvt Ltd₹10.65 Lakh (FY 2024)155.0%Kolkata, West Bengal, India

To see the full peer comparison of Ducon Petroleum Private Limited, buy the company report.

Auditor

Ducon Petroleum Private Limited is audited by V.S. LODHA & COMPANY for the financial year 2022.

Auditor firmFinancial yearFirm registration number
V.S. LODHA & COMPANYFY 2022000035C

Shareholding

The shareholding of Ducon Petroleum Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ducon Petroleum Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ducon Petroleum Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Ducon Petroleum has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
08AAGCD2054G1ZVRajasthanActive12 Jul 2017

To see the full GST registrations and return filing status of Ducon Petroleum Private Limited, buy the company report.

Recent activity

Ducon Petroleum Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Prabhu Lal Salvi ceased to be Director on 15 Dec 2018.

AGM
Ducon Petroleum Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Ducon Petroleum Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.
Ceased
Prabhu Lal Salvi ceased to be Director.
Appointed
Prabhu Lal Salvi was appointed as Director.
Appointed
Preeti Solanki was appointed as Director.
Appointed
Ram Chandra Solanki was appointed as Director.
Incorporation
02 Jun 2017
Ducon Petroleum Private Limited was registered on 02 Jun 2017 with Roc Jaipur & aged 9 years 4 months as per MCA records.

Frequently asked questions

Ducon Petroleum is an active private limited company based in Udaipur, Rajasthan, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 02 June 2017 (9+ years old) and is registered under CIN U23203RJ2017PTC058217.

Ducon Petroleum has 2 current directors:

The latest financial statements of Ducon Petroleum on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Ducon Petroleum is 08AAGCD2054G1ZV, registered in Rajasthan.

The CIN (Corporate Identification Number) of Ducon Petroleum is U23203RJ2017PTC058217. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ducon Petroleum was incorporated on 02 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.

The peers of Ducon Petroleum by revenue are Kothari International Trading Private Limited, Eiffel Grease and Lubricants Private Limited, Purohit Minerals & Chemicals Pvt Ltd, all in the Chemicals industry (Chemical Retail and Distribution, Petroleum), with the same principal business activity (wholesale trading).

Prabhu Lal Salvi ceased to be Director on 15 Dec 2018. Prabhu Lal Salvi was appointed as Director on 02 Jun 2017. Preeti Solanki was appointed as Director on 02 Jun 2017. Ducon Petroleum has 4 board changes on record in total.

Yes, Ducon Petroleum is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-33-0011570).

Ducon Petroleum can be reached through the website duconpetroleum.in. Its registered office is in Udaipur, Rajasthan, India.

The registered office of Ducon Petroleum is at 2 – A Matra Kripa Building Rajendra Nagar 100 Ft. Road Sukher, Udaipur, Rajasthan, India – 313001.