Fuel Sources India Private Limited
About Fuel Sources India Private Limited
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Fuel Sources India Private Limited is a private limited company based in Guwahati, Assam, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 29 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U10102AS1995PTC004649. Its GSTIN is 18AAACF2978B2ZQ (Assam). The company holds 7 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹7.87 Lakh. It is led by directors including Ravi Khetawat and Meena Khetawat.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ram Kumar Plaza Ist Floor Chattribari Road Guwahati, Assam, India – 781001.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.58 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.16 Cr (net margin 2.5%) and EBITDA of ₹3.06 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 5% over five years.
Court records list 37 cases involving the company, including 18 filed by the company and 19 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fuel Sources India Private Limited's registered office is in Guwahati, Assam. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRam Kumar Plaza Ist Floor Chattribari Road Guwahati, Assam, India – 781001
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Fuel Sources India 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 Fuel Sources India 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 Fuel Sources India Private Limited, buy the company report.
Financials of Fuel Sources India Private Limited
FY 2025 filings availableFuel Sources India Private Limited reported revenue of ₹86.58 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 25% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.06 Cr | ||||
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| Net Profit (PAT) | ₹2.16 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Fuel Sources India Private Limited, buy the company report.
Board of directors of Fuel Sources India Private Limited
Fuel Sources India has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Khetawat Also directs: Gajanand Suppliers Private Limited, Subhlaxmi Agency Private Limited, Gayatri Commodities Private Limited and 4 more | Director | 27 Feb 2003 | 23 Years 8 Months | Current |
| Meena Khetawat | Director | 30 Sep 1996 | 30 Years 0 Months | Current |
| Pankaj Khetawat Also directs: Balaji Appartments Private Limited, Gajanand Suppliers Private Limited, Subhlaxmi Agency Private Limited and 5 more | Director | 17 Aug 1999 | 27 Years 2 Months | Current |
| Sanoj Agarwal | Director | 28 Feb 2011 | 15 Years 7 Months | Current |
Peer comparison
Fuel Sources India Private Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sca International Ispat Private Limited | ₹87.6 Cr (FY 2024) | 13.0% | Mumbai, Maharashtra, India | |||
| Stuti Udyogs Private Limited | ₹87.59 Cr (FY 2025) | -20.0% | Delhi, India | |||
| VGR Logistics Private Limited | ₹87.55 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| KJSL Coal and Power Private Limited | ₹87.31 Cr (FY 2025) | -39.0% | Raipur, Chhattisgarh, India | |||
| Baidyanath Resources Private Limited | ₹86.75 Cr (FY 2025) | 21.0% | Rourkela, Odisha, India | |||
| Fuel Sources India Private Limitedthis company | ₹86.58 Cr (FY 2025) | ₹2.16 Cr | 2.5% | -10.0% | Guwahati, Assam, India | |
| R. R. Energy Limited | ₹86.21 Cr (FY 2024) | 30.0% | Raigarh, Chhattisgarh, India | |||
| Five Star Ispat Private Limited | ₹85.72 Cr (FY 2023) | 1615.0% | Valsad, Gujarat, India | |||
| KHP Resources Private Limited | ₹85.35 Cr (FY 2025) | 23.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Fuel Sources India Private Limited, buy the company report.
Auditor
Fuel Sources India Private Limited is audited by MURARI CHOUDHARY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURARI CHOUDHARY & CO | FY 2023 | 322116E |
Shareholding
The shareholding of Fuel Sources India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fuel Sources India Private Limited, buy the company report.
Legal cases
Fuel Sources India Private Limited has 37 court cases on record: 18 filed by Fuel Sources India, 19 filed against it. 4 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 36 | 19 | 4 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Civil suit | Filed by the company against Parekh Aluminex Ltd and Ors | Pending |
| High Court | Company petition | Filed against the company by Re : M/S the Buxa Dooars Tea Company (India) Limited and | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Ms. Elder Pharmaceuticals Ltd., and Ors and 2 others | Disposed |
| High Court, Assam | Court case (MFA) | Filed by the company against The Union of India | Pending |
| High Court | Court case (MFA) | Filed against the company by The Union of India and Anr and 1 other | Pending |
To see the full case history of Fuel Sources India 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 Fuel Sources India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fuel Sources India has 7 GST registrations: 3 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AAACF2978B2ZQ | Assam | Active | 01 Jul 2017 |
| 16AAACF2978B1ZV | Tripura | Active | 01 Jul 2017 |
| 19AAACF2978B1ZP | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fuel Sources India Private Limited, buy the company report.
Recent activity
Fuel Sources India Private Limited has 12 board changes on record since 1995: 8 appointments and 4 cessations. The latest: Raj Khetawat Kumari ceased to be Director on 24 Jul 2025.
3 earlier events are in the company report.
Frequently asked questions
Fuel Sources India is an active private limited company based in Guwahati, Assam, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 29 December 1995 (31+ years old) and is registered under CIN U10102AS1995PTC004649.
Fuel Sources India has 4 current directors:
- Ravi Khetawat - Director
- Meena Khetawat - Director
- Pankaj Khetawat - Director
- Sanoj Agarwal - Director
The latest financial statements of Fuel Sources India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fuel Sources India is 18AAACF2978B2ZQ, registered in Assam. The company has 7 GST registrations in all, of which 3 are active and 4 are cancelled or inactive. Other active GSTINs include 16AAACF2978B1ZV (Tripura), 19AAACF2978B1ZP (West Bengal).
The CIN (Corporate Identification Number) of Fuel Sources India is U10102AS1995PTC004649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fuel Sources India has 37 court cases on record: 18 filed by the company and 19 filed against it. 4 are pending. Most are in the high courts.
Fuel Sources India was incorporated on 29 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Guwahati.
The peers of Fuel Sources India by revenue are Sca International Ispat Private Limited, Stuti Udyogs Private Limited, VGR Logistics Private Limited, KJSL Coal and Power Private Limited, Baidyanath Resources Private Limited and 3 more, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Raj Khetawat Kumari ceased to be Director on 24 Jul 2025. Raj Kumar Aggarwal ceased to be Director on 24 Dec 2012. Lal Chand Agarwala ceased to be Director on 01 Feb 2012. Fuel Sources India has 12 board changes on record in total.
The registered office of Fuel Sources India is at Ram Kumar Plaza Ist Floor Chattribari Road Guwahati, Assam, India – 781001.
Fuel Sources India operates in the metals and minerals industry, in the materials retail and distribution segment.