Tecsol Petroleum Private Limited
About Tecsol Petroleum Private Limited
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Tecsol Petroleum Private Limited is a private limited company based in Vasai East, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 21 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2015PTC271173.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahesh Kunjbihari Chaorasiya and Manoj Shukla.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Unit No.10 & 11 Indra Vasahat Near Navjeevan Vasai Phata, Vasai East, Maharashtra, India – 401208.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.46 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹3.08 Lakh (net margin 2.1%) and EBITDA of ₹7.93 Lakh (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 134% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Tecsol Petroleum Private Limited's registered office is in Vasai East, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No.10 & 11 Indra Vasahat Near Navjeevan Vasai Phata, Vasai East, Maharashtra, India – 401208
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Tecsol Petroleum 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 Tecsol Petroleum is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Tecsol Petroleum Private Limited, buy the company report.
Financials of Tecsol Petroleum Private Limited
FY 2019 filings availableTecsol Petroleum Private Limited reported revenue of ₹1.46 Cr (down 3% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 134%. EBITDA rose 36% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.46 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹7.93 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.08 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Inventories | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.4% | |||
| Net Profit Margin | 2.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Tecsol Petroleum Private Limited, buy the company report.
Board of directors of Tecsol Petroleum Private Limited
Tecsol Petroleum has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Kunjbihari Chaorasiya Also directs: Shinkotech India Private Limited | Director | 21 Dec 2015 | 10 Years 10 Months | Current |
| Manoj Shukla Also directs: Siddh Nathe Global India Private Limited | Director | 21 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Tecsol Petroleum Private Limited is audited by RAHUL PANDEY & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL PANDEY & ASSOCIATES | FY 2019 | 141059W |
Shareholding
The shareholding of Tecsol Petroleum Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tecsol Petroleum Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tecsol Petroleum 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 Tecsol Petroleum Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Tecsol Petroleum Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tecsol Petroleum Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Mahesh Kunjbihari Chaorasiya was appointed as Director on 21 Dec 2015.
Frequently asked questions
Tecsol Petroleum is an active private limited company based in Vasai East, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 21 December 2015 (11+ years old) and is registered under CIN U24233MH2015PTC271173.
Tecsol Petroleum has 2 current directors:
- Mahesh Kunjbihari Chaorasiya - Director
- Manoj Shukla - Director
The latest financial statements of Tecsol Petroleum on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Tecsol Petroleum is U24233MH2015PTC271173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tecsol Petroleum was incorporated on 21 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahesh Kunjbihari Chaorasiya was appointed as Director on 21 Dec 2015. Manoj Shukla was appointed as Director on 21 Dec 2015.
The registered office of Tecsol Petroleum is at Unit No.10 & 11 Indra Vasahat Near Navjeevan Vasai Phata, Vasai East, Maharashtra, India – 401208.
Tecsol Petroleum operates in the chemicals and materials industry, in the petrochemicals and derivatives segment.
The compliance status of Tecsol Petroleum is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.
Tecsol Petroleum can be reached at its registered office: Unit No.10 & 11 Indra Vasahat Near Navjeevan Vasai Phata, Vasai East, Maharashtra, India – 401208.