About M-Tech Lubricants Private Limited
Data last updated:
M-Tech Lubricants Private Limited was a private limited company based in Coimbatore, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 11 May 2017.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U51909TZ2017PTC028912. Its GSTIN is 27AAJCP1794L1ZS (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Polytron Lubes India Private Limited. It was led by directors including Rituben Devendra Bhardwaj and Ashutosh Devendra Bhardwaj.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 1002 Avinashi Road, Coimbatore, Tamil Nadu, India – 641018.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.72 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹43,740 (net margin 6.5%) and EBITDA of ₹1.4 Lakh (EBITDA margin 20.9%).
The last known website on record is polytronindia.com.
Company details
Contact details
M-Tech Lubricants Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is polytronindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1002 Avinashi Road, Coimbatore, Tamil Nadu, India – 641018
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of M-Tech 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
Financials of M-Tech Lubricants Private Limited
FY 2022 filings availableM-Tech Lubricants Private Limited reported revenue of ₹6.72 Lakh (down 81% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 81% in the latest year. EBITDA fell 33% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹6.72 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.4 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹43,740 | ||
| 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 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 20.9% | ||
| Net Profit Margin | 6.5% | ||
| 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 M-Tech Lubricants Private Limited, buy the company report.
Board of directors of M-Tech Lubricants Private Limited
M-Tech Lubricants has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rituben Devendra Bhardwaj Also directs: Polytron Lubricants (India) Private Limited | Director | 03 Feb 2020 | 6 Years 9 Months | As last reported |
| Devendra Ranchhoddas Vaishnav Also directs: Polytron Lubricants (India) Private Limited | Additional Director | 08 Feb 2021 | 5 Years 9 Months | As last reported |
| Ashutosh Devendra Bhardwaj Also directs: Polytron Lubricants (India) Private Limited | Director | 04 Feb 2020 | 6 Years 9 Months | As last reported |
Auditor
M-Tech Lubricants Private Limited is audited by S P P & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P P & CO | FY 2019 | 011059S |
Shareholding
The shareholding of M-Tech Lubricants Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of M-Tech Lubricants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving M-Tech Lubricants Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M-Tech Lubricants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M-Tech Lubricants has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP1794L1ZS | Maharashtra | Active | 09 Jun 2018 |
To see the full GST registrations and return filing status of M-Tech Lubricants Private Limited, buy the company report.
Recent activity
M-Tech Lubricants Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Devendra Ranchhoddas Vaishnav was appointed as Additional Director on 08 Feb 2021.
Frequently asked questions
M-Tech Lubricants has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
M-Tech Lubricants was a private limited company based in Coimbatore, Tamil Nadu, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 11 May 2017 and is registered under CIN U51909TZ2017PTC028912. The company has been struck off by the Registrar of Companies and is no longer operational.
M-Tech Lubricants had 3 directors:
- Rituben Devendra Bhardwaj - Director
- Devendra Ranchhoddas Vaishnav - Additional Director
- Ashutosh Devendra Bhardwaj - Director
The CIN (Corporate Identification Number) of M-Tech Lubricants is U51909TZ2017PTC028912. 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 M-Tech Lubricants is at 1002 Avinashi Road, Coimbatore, Tamil Nadu, India – 641018.
M-Tech Lubricants was incorporated on 11 May 2017. It is registered with the Registrar of Companies, Coimbatore.
M-Tech Lubricants can be reached through the website polytronindia.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The latest financial statements of M-Tech Lubricants on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of M-Tech Lubricants is 27AAJCP1794L1ZS, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
M-Tech Lubricants operated in the chemicals and materials industry, in the chemical distribution and retail segment. It worked in this industry before it was struck off.
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