About Adani Bunkering Limited
Data last updated:
Adani Bunkering Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Adani Global Pte Limited. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 27 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40200GJ2008PLC054045. Its GSTIN is 24AADCC3765G1ZT (Gujarat). The company holds 9 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.69 Cr. It was formerly known as Chemoil Adani Private Limited. It is led by directors including Jatinkumar Rameshchandra Jalundhwala and Vinay Prakash.
Its last annual general meeting (AGM) was held on 23 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹1,126.29 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹63.05 Cr (net margin 5.6%) and EBITDA of ₹87.58 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 18% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1,280 Cr on record. Court records list 25 cases involving the company, including 13 filed by the company and 12 filed against it; 7 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹25.17 Cr; the latest was in March 2019. Its 10 peer companies in the Transport and Logistics industry (Bulk Cargo and Container) are compared by revenue, 5 larger and 5 smaller; the largest is Apm Terminals India Private Limited with revenue of ₹1,981.09 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 30 overdue payments to 11 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adanibunkering.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressAdani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421
- IndustryTransport and Logistics, Cargo Services
- 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
- One PDF report, delivered after checkout
Business Activity of Adani Bunkering Limited
The main business activity of Adani Bunkering is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Adani Bunkering Limited FY 2025 filings available
Adani Bunkering Limited reported revenue of ₹1,126.29 Cr (down 20% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Adani Bunkering Limited
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 13% 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 of Adani Bunkering Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹87.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹63.05 Cr | •••• | •••• | •••• | •••• |
| 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 of Adani Bunkering Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Adani Bunkering are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Adani Bunkering Limited
Adani Bunkering Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Bulk Cargo and Container). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apm Terminals India Private Limited | ₹1,981.09 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
| Adm Agro Industries Latur & Vizag Private Limited | ₹1,897.1 Cr (FY 2023) | •••• | •••• | -4.0% | •••• | Latur, Maharashtra, India |
| Associated Road Carriers Ltd | ₹1,823.66 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Sarat Chatterjee & Co (Visakhapatnam) Pvt Ltd | ₹1,821.91 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Kolkata, West Bengal, India |
| Mundra International Container Terminal Private Limited | ₹1,423.04 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Kachchh, Gujarat, India |
| Sanmar Shipping Limited | ₹1,157.6 Cr (FY 2022) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Adani Bunkering Limited this company | ₹1,126.29 Cr (FY 2026) | •••• | •••• | -20.0% | •••• | Ahmedabad, Gujarat, India |
| Kamarajar Port Limited | ₹1,081.44 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Chennai, Tamil Nadu, India |
| Sarjak Container Lines Private Limited | ₹1,069.79 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
| Nhava Sheva International Container Terminal Private Limited | ₹968.01 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Adani Cma Mundra Terminal Private Limited | ₹960.46 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Adani Bunkering by revenue in the Transport and Logistics industry (Bulk Cargo and Container), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Adani Bunkering Limited
Adani Bunkering has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jatinkumar Rameshchandra Jalundhwala Also directs: Adani Welspun Exploration Limited, Adani Infra (India) Limited, Adani Navbharat Developers Private Limited and 5 more | Director | 24 Aug 2012 | 14 Years 1 Months | Current |
| Vinay Prakash | Director | 05 Oct 2015 | 11 Years 0 Months | Current |
| Dipti Yogesh Shah Also directs: Adani Agri Fresh Limited, Ocean Sparkle Limited, Mundra LPG Terminal Private Limited and 5 more | Director | 21 Jul 2023 | 3 Years 2 Months | Current |
| Pranav Vinod Adani Also directs: Adani Total Gas Limited, Adani Enterprises Limited, Amg Media Networks Limited and 5 more | Director | 03 Dec 2008 | 17 Years 10 Months | Current |
Charges & Borrowings of Adani Bunkering Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2010 | State Bank of India | ₹280 Cr | Satisfied |
| 24 Jun 2009 | Axis Bank Limited | ₹700 Cr | Satisfied |
| 01 Jan 2009 | Axis Bank Limited | ₹300 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Adani Bunkering Limited
Adani Bunkering Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹25.17 Cr; the latest was in March 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Adani Global Pte. Limited & Manoj Tondon, Adani Global Pte. Limited & Jaladhi Shukla, Adani Global Pte. Limited & Jatin Jalundhwala Seller: Adani Bunkering Pte.Ltd, Adani Bunkering Pte.Ltd & Jatin Jalundhwala, Adani Bunkering Pte.Ltd & Samir Vora |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Adani Bunkering Pte.Ltd & Jaladhi Shukla Seller: Adani Bunkering Pte.Ltd & Praveen Jaiswal |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Adani Bunkering Pte.Ltd, Adani Bunkering Pte.Ltd & Devang S.Desai, Adani Bunkering Pte.Ltd & Samir Vora Seller: Chemoil-Adani Pte Ltd & Jatin Jalundhwala, Chemoil-Adani Pte Ltd & Praveen Jaiswal, Chemoil-Adani Pte Ltd & Manoj Tondon |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Chemoil-Adani Pte Ltd & Pranav Adani, Chemoil-Adani Pte Ltd & Jatin Jalundhwala, Chemoil-Adani Pte Ltd & Manoj Tondon Seller: Chemoil-Adani Pte Limited, Chemoil-Adani Pte Limited & Devang S.Desai, Chemoil-Adani Pte Limited & Samir S.Vora |
| Mar 2009 | Funding round | ₹25.17 Cr | Investors: Chemoil-Adani Pte Limited |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Adani Bunkering Limited
Adani Bunkering Limited has 25 court cases on record: 13 filed by Adani Bunkering, 12 filed against it. 7 cases are pending and 18 are disposed. Status as checked between 01 Oct 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 11 | 5 |
| Supreme Court | 1 | 1 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (AS) | Filed by the company against Indian Oil Corporation Limited | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (RCA) | Filed by the company against an individual | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax-1 | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax(Intrnational Taxation) | Pending |
| High Court of Gujarat | Special civil application | Filed against the company by State of Gujarat | Pending |
Full case history
All 25 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Adani Bunkering Limited
Adani Bunkering Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 30 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sharp and Tannan Associates | •••• | •••• | •••• |
| Pop Online Services Private Limited | •••• | •••• | •••• |
| Quality Services and Solutions | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Adani Bunkering Limited
Employment history and EPFO contributions of people linked to Adani Bunkering.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Adani Bunkering Limited
Adani Bunkering has undergone 2 name changes throughout its history. The company was previously known as Chemoil Adani Private Limited, and Adani Bunkering Limited. The current legal name is Adani Bunkering Limited.
| Company Name | Status |
|---|---|
| Adani Bunkering Limited | Current |
| Chemoil Adani Private Limited | Previous |
CIN History of Adani Bunkering Limited
Adani Bunkering has one previous CIN (Corporate Identification Number): U40200GJ2008PTC054045. The current CIN is U40200GJ2008PLC054045, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40200GJ2008PLC054045 | Current |
| U40200GJ2008PTC054045 | Previous |
News related to Adani Bunkering Limited
Recent Activity on Adani Bunkering Limited
Adani Bunkering Limited has 24 board changes on record since 2008: 4 appointments and 20 cessations. The latest: Dipti Yogesh Shah ceased to be Additional Director on 18 Jun 2024.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Adani Bunkering Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Adani Bunkering Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Adani Bunkering Limited
Adani Bunkering has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC3765G1ZT | Gujarat | Active | 01 Jul 2017 |
| 24AADCC3765G2ZS | Gujarat | Active | 01 Jul 2017 |
| 19AADCC3765G1ZK | West Bengal | Active | 01 Jul 2017 |
| 30AADCC3765G1Z0 | Goa | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Adani Bunkering Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Adani Bunkering Limited
Adani Bunkering is an active public limited company based in Ahmedabad, Gujarat, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 27 May 2008 (18+ years old) and is registered under CIN U40200GJ2008PLC054045.
Adani Bunkering reported revenue of ₹1,126.29 Cr for FY 2026 (down 20% YoY).
Adani Bunkering has 4 current directors:
- Jatinkumar Rameshchandra Jalundhwala - Director
- Vinay Prakash - Director
- Dipti Yogesh Shah - Director
- Pranav Vinod Adani - Director
Adani Bunkering reported a net profit of ₹63.05 Cr (net margin 5.6%) and EBITDA of ₹87.58 Cr (EBITDA margin 7.8%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Adani Bunkering is -6% over three years and 18% over five years. In the latest year (FY 2026) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Adani Bunkering is 24AADCC3765G1ZT, registered in Gujarat. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 24AADCC3765G2ZS (Gujarat), 19AADCC3765G1ZK (West Bengal), 30AADCC3765G1Z0 (Goa).
The CIN (Corporate Identification Number) of Adani Bunkering is U40200GJ2008PLC054045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adani Bunkering has 25 court cases on record: 13 filed by the company and 12 filed against it. 7 are pending. Most are in the high courts.
Adani Bunkering was incorporated on 27 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Adani Bunkering has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹25.17 Cr; the latest was in March 2019.
The peers of Adani Bunkering by revenue are Apm Terminals India Private Limited, Adm Agro Industries Latur & Vizag Private Limited, Associated Road Carriers Ltd, Sarat Chatterjee & Co (Visakhapatnam) Pvt Ltd, Mundra International Container Terminal Private Limited and 5 more, all in the Transport and Logistics industry (Bulk Cargo and Container).
Dipti Yogesh Shah ceased to be Additional Director on 18 Jun 2024. Dipti Yogesh Shah was appointed as Director on 21 Jul 2023. Rajendra Singh ceased to be Director on 24 Jun 2020. Adani Bunkering has 24 board changes on record in total.