
Petroway Grease & Lubes Private Limited
About Petroway Grease & Lubes Private Limited
Data last updated:
Petroway Grease & Lubes Private Limited is a private limited company based in Patiala, Punjab, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 27 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U52399PB2014PTC038705. Its GSTIN is 03AAHCP7188E1ZB (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raghbir Singh and Tajinder Singh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at #51 Green Lehal, Patiala, Punjab, India – 147001.
As per the financials filed for FY 2017, the company reported a revenue of ₹38 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹9,853 (net margin 0.3%) and EBITDA of ₹2.15 Lakh (EBITDA margin 5.6%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Petroway Grease & Lubes Private Limited's registered office is in Patiala, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#51 Green Lehal, Patiala, Punjab, India – 147001
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Petroway Grease & Lubes 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 Petroway Grease & Lubes is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
Financials of Petroway Grease & Lubes Private Limited
FY 2021 filings availablePetroway Grease & Lubes Private Limited reported revenue of ₹38 Lakh (down 30% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹38 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.15 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹9,853 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5.6% | ||
| Net Profit Margin | 0.3% | ||
| 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 | |||
To see the full financial statements and ratios of Petroway Grease & Lubes Private Limited, buy the company report.
Board of directors of Petroway Grease & Lubes Private Limited
Petroway Grease & Lubes has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghbir Singh | Director | 23 May 2016 | 10 Years 5 Months | Current |
| Tajinder Singh Also directs: Droca Infrastructures Private Limited | Director | 27 Jun 2014 | 12 Years 4 Months | Current |
Auditor
Petroway Grease & Lubes Private Limited is audited by RANJIT PARKASH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANJIT PARKASH | FY 2017 | 080084 |
Shareholding
The shareholding of Petroway Grease & Lubes Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Petroway Grease & Lubes Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Petroway Grease & Lubes 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 Petroway Grease & Lubes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Petroway Grease & Lubes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAHCP7188E1ZB | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Petroway Grease & Lubes Private Limited, buy the company report.
Recent activity
Petroway Grease & Lubes Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Harmeet Singh Talwar ceased to be Director on 30 Mar 2019.
Frequently asked questions
Petroway Grease & Lubes is an active private limited company based in Patiala, Punjab, India. The company works in retail trading, within the trading industry. It was incorporated on 27 June 2014 (12+ years old) and is registered under CIN U52399PB2014PTC038705.
Petroway Grease & Lubes has 2 current directors:
- Raghbir Singh - Director
- Tajinder Singh - Director
The latest financial statements of Petroway Grease & Lubes on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Petroway Grease & Lubes is 03AAHCP7188E1ZB, registered in Punjab.
The CIN (Corporate Identification Number) of Petroway Grease & Lubes is U52399PB2014PTC038705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Petroway Grease & Lubes was incorporated on 27 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chandigarh.
Harmeet Singh Talwar ceased to be Director on 30 Mar 2019. Raghbir Singh was appointed as Director on 23 May 2016. Tajinder Singh was appointed as Director on 27 Jun 2014.
The registered office of Petroway Grease & Lubes is at #51 Green Lehal, Patiala, Punjab, India – 147001.
Petroway Grease & Lubes operates in the trading industry, in the retail trading segment.
The compliance status of Petroway Grease & Lubes is compliant as of 18 July 2026. The company is actively filing with the Registrar of Companies.