Empire Lubricants Private Limited
About Empire Lubricants Private Limited
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Empire Lubricants Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 02 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1996PTC096862. Its GSTIN is 27AABCT5035A1ZT (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Saurabh Ashwin Patel and Vishal Ashwin Patel.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.22 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹2.21 Lakh (net margin -42.3%) and EBITDA of -₹2.14 Lakh (EBITDA margin -41%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 22% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Empire Lubricants Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address201/B Dev Neo Vikram Sahakar Nagar C.H.S, New Link Road Above Audi Car Showroom Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Empire Lubricants Private 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
Business activity
The main business activity of Empire Lubricants is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Empire Lubricants Private Limited, buy the company report.
Financials of Empire Lubricants Private Limited
FY 2023 filings availableEmpire Lubricants Private Limited reported revenue of ₹5.22 Lakh (up 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA fell 2% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹2.14 Lakh | ||||
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| Net Profit (PAT) | -₹2.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -41% | ||||
| Net Profit Margin | -42.3% | ||||
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To see the full financial statements and ratios of Empire Lubricants Private Limited, buy the company report.
Board of directors of Empire Lubricants Private Limited
Empire Lubricants has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Ashwin Patel Also directs: JHP Finvest Private Limited, JHP Securities Private Limited, Superior Financial Consultancy Services Private Limited and 1 more | Director | 28 Dec 2006 | 19 Years 10 Months | Current |
| Vishal Ashwin Patel Also directs: Gokul Emerald Condominium Private Limited, JHP Commodities Private Limited, JHP Advisory Services Private Limited and 5 more | Director | 28 Dec 2006 | 19 Years 10 Months | Current |
Auditor
Empire Lubricants Private Limited is audited by VIDHI J SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIDHI J SHAH & CO | FY 2020 | 142722W |
Shareholding
The shareholding of Empire Lubricants Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Empire Lubricants Private Limited, buy the company report.
Legal cases
Empire Lubricants Private Limited has 1 court case on record: 1 filed by Empire Lubricants. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Mummer Eins Motors Pvt Ltdand Other | Disposed |
To see the full case history of Empire Lubricants Private 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 Empire Lubricants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Empire Lubricants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT5035A1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Empire Lubricants Private Limited, buy the company report.
Recent activity
Empire Lubricants Private Limited has 8 board changes on record since 1996: 5 appointments and 3 cessations. The latest: Bharat Jayantilal Patel ceased to be Director on 29 Mar 2018.
Frequently asked questions
Empire Lubricants is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 02 February 1996 (30+ years old) and is registered under CIN U65990MH1996PTC096862.
Empire Lubricants has 2 current directors:
- Saurabh Ashwin Patel - Director
- Vishal Ashwin Patel - Director
The latest financial statements of Empire Lubricants 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 2015 are in the company report.
The GSTIN of Empire Lubricants is 27AABCT5035A1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Empire Lubricants is U65990MH1996PTC096862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Empire Lubricants has 1 court case on record: 1 filed by the company.
Empire Lubricants was incorporated on 02 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Bharat Jayantilal Patel ceased to be Director on 29 Mar 2018. Pankaj Jayantilal Patel ceased to be Director on 29 Mar 2018. Prashant Jayantilal Patel ceased to be Director on 29 Mar 2018. Empire Lubricants has 8 board changes on record in total.
The registered office of Empire Lubricants is at 201B Dev Neo Vikram Sahakar Nagar C.H.S, New Link Road Above Audi Car Showroom Andheri West, Mumbai, Maharashtra, India – 400053.
Empire Lubricants operates in the chemicals and materials industry, in the chemical distribution and retail segment.
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