
We Petroenergy Private Limited
About We Petroenergy Private Limited
Data last updated:
We Petroenergy Private Limited is a private limited company based in Belapur, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 10 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U50404MH2021PTC365659. Its GSTIN is 27AADCW0283B1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nitesh Muralidaran Vannier and Yashpal Mahesh Chitrao.
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 is at Office No. 406 4th Floor Plot No. 20 Foundation Tower Sector – 11, Belapur, Maharashtra, India – 400614.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.77 Cr. For the same year it recorded a net profit of ₹3.7 Lakh (net margin 0.3%) and EBITDA of ₹4.97 Lakh (EBITDA margin 0.5%).
Company details
Contact details
We Petroenergy Private Limited's registered office is in Belapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 406 4th Floor Plot No. 20 Foundation Tower Sector – 11, Belapur, Maharashtra, India – 400614
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of We Petroenergy 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 We Petroenergy 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 We Petroenergy Private Limited, buy the company report.
Financials of We Petroenergy Private Limited
FY 2022 filings availableWe Petroenergy Private Limited reported revenue of ₹10.77 Cr for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹10.77 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹4.97 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹3.7 Lakh |
| 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 2021-22 |
|---|---|
| Profitability | |
| EBITDA Margin | 0.5% |
| 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 We Petroenergy Private Limited, buy the company report.
Board of directors of We Petroenergy Private Limited
We Petroenergy has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitesh Muralidaran Vannier | Director | 10 Aug 2021 | 5 Years 2 Months | Current |
| Yashpal Mahesh Chitrao Also directs: Ys Petroport Private Limited | Director | 10 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
We Petroenergy Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Chemical 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 |
|---|---|---|---|---|---|---|
| Skyscrapers Chemex Private Limited | ₹10.81 Cr (FY 2025) | -19.0% | Kolkata, West Bengal, India | |||
| We Petroenergy Private Limitedthis company | ₹10.77 Cr (FY 2022) | ₹3.7 Lakh | 0.3% | Belapur, Maharashtra, India | ||
| Hari & Mahesh Pvt Ltd | ₹10.72 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Sudharma Exim Private Limited | ₹10.72 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of We Petroenergy Private Limited, buy the company report.
Auditor
We Petroenergy Private Limited is audited by POOJA MISHRA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| POOJA MISHRA & ASSOCIATES | FY 2022 | 153615W |
Shareholding
The shareholding of We Petroenergy Private Limited is on record for FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of We Petroenergy Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving We Petroenergy 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 We Petroenergy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
We Petroenergy Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
We Petroenergy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCW0283B1ZM | Maharashtra | Active | 26 Aug 2021 |
To see the full GST registrations and return filing status of We Petroenergy Private Limited, buy the company report.
Recent activity
We Petroenergy Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Nitesh Muralidaran Vannier was appointed as Director on 10 Aug 2021.
Frequently asked questions
We Petroenergy is an active private limited company based in Belapur, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 10 August 2021 (5+ years old) and is registered under CIN U50404MH2021PTC365659.
We Petroenergy has 2 current directors:
- Nitesh Muralidaran Vannier - Director
- Yashpal Mahesh Chitrao - Director
The latest financial statements of We Petroenergy 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 2022 are in the company report.
The GSTIN of We Petroenergy is 27AADCW0283B1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of We Petroenergy is U50404MH2021PTC365659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
We Petroenergy was incorporated on 10 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of We Petroenergy by revenue are Skyscrapers Chemex Private Limited, Hari & Mahesh Pvt Ltd, Sudharma Exim Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Nitesh Muralidaran Vannier was appointed as Director on 10 Aug 2021. Yashpal Mahesh Chitrao was appointed as Director on 10 Aug 2021.
The registered office of We Petroenergy is at Office No. 406 4th Floor Plot No. 20 Foundation Tower Sector – 11, Belapur, Maharashtra, India – 400614.
We Petroenergy operates in the chemicals and materials industry, in the chemical distribution and retail segment.
We Petroenergy can be reached at its registered office: Office No. 406 4th Floor Plot No. 20 Foundation Tower Sector – 11, Belapur, Maharashtra, India – 400614.

