About Akson Oiltech Private Limited
Data last updated:
Akson Oiltech Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 10 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24299MH2017PTC291048. Its GSTIN is 27AAPCA1436J1ZI (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Kailashnarain Agarwal and Harsh Kailashnarain Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.01 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹1.09 Cr (net margin -15.6%) and EBITDA of -₹73.04 Lakh (EBITDA margin -10.4%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 1% over five years.
The company is associated with 1 brand: Akson Oiltech. As per MCA filings, the company has open charges of ₹28.85 Lakh on record. Court records list 8 cases involving the company, including 8 filed by the company; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aksonoil.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2nd Floor Plot 119 Manjulabai Jethabai Building Dadi Seth Agairy Lane Chirabazar Kalba, Devi, Mumbai, Maharashtra, India – 400002
- IndustryChemicals and Materials, Petrochemicals & Derivatives
- 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 Akson Oiltech Private Limited
The main business activity of Akson Oiltech is manufacturing. In detail, this covers coke and refined petroleum products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products | 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 Akson Oiltech Private Limited FY 2025 filings available
Akson Oiltech Private Limited reported revenue of ₹7.01 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Akson Oiltech Private Limited
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 250% 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 Akson Oiltech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹73.04 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.09 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 Akson Oiltech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -15.6% | •••• | •••• | •••• | •••• |
| 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 Akson Oiltech are in the company report.
Financial statements from FY 2017
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 Akson Oiltech Private Limited
Akson Oiltech Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Petrochemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maxso Petrocarban Private Limited | ₹7.15 Cr (FY 2022) | •••• | •••• | 11.0% | •••• | Purba Medinipur, West Bengal, India |
| Ingravity Petrochem Private Limited | ₹7.13 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Khed, Maharashtra, India |
| Supervac Industries LLP | ₹7.12 Cr (FY 2021) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Ralson Petrochemicals Limited | ₹7.1 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Kolkata, West Bengal, India |
| Tribology India Limited | ₹7.03 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Chennai, Tamil Nadu, India |
| Akson Oiltech Private Limited this company | ₹7.01 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Sarbi Petroleum and Chemicals Private Limited | ₹7.01 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Navi Mumbai, Maharashtra, India |
| Acceron Industries India Private Limited | ₹7.01 Cr (FY 2023) | •••• | •••• | •••• | Bhopal, Madhya Pradesh, India | |
| M.P. Greenergies Private Limited | ₹6.84 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Bhilwara, Rajasthan, India |
| Nilachal Petroproducts Private Limited | ₹6.83 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Badapokharia, Odisha, India |
| Girdhari Lal and Sons Petrochem Private Limited | ₹6.78 Cr (FY 2016) | •••• | •••• | -47.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Akson Oiltech by revenue in the Chemicals industry (Petrochemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Akson Oiltech Private Limited
Akson Oiltech Private Limited is audited by GBCA & Associates LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GBCA & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Akson Oiltech Private Limited
Akson Oiltech 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 |
|---|---|---|---|---|
| Kailashnarain Agarwal | Director | 15 Dec 2023 | 2 Years 9 Months | Current |
| Harsh Kailashnarain Agarwal | Director | 10 Feb 2017 | 9 Years 8 Months | Current |
| Kuldeep Kumar Ravt | Additional Director | 24 Jan 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Akson Oiltech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Akson Oiltech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2024 | Others | ₹17.85 Lakh | Open |
| 11 Aug 2021 | Hdfc Bank Limited | ₹11 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Akson Oiltech Private Limited
Akson Oiltech Private Limited has 8 court cases on record: 8 filed by Akson Oiltech. 6 cases are pending and 2 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 6 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (CR.MA) | Filed by the company against Traders Private Limited | Disposed |
| High Court of Gujarat | Court case (CR.A) | Filed by the company against Traders Private Limited | Disposed |
| District court, Valsad, Gujarat | Court case (CR A) | Filed by the company against Abco Traders Private Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed by the company against an individual | Pending |
Full case history
All 8 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.
Associated Brands with Akson Oiltech Private Limited
Akson Oiltech operates one associated brand: Akson Oiltech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies a range of lubricant oils. | aksonoil.com |
Employees and EPFO Compliance at Akson Oiltech Private Limited
Employment history and EPFO contributions of people linked to Akson Oiltech.
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.
Recent Activity on Akson Oiltech Private Limited
Akson Oiltech Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Kuldeep Kumar Ravt was appointed as Additional Director on 24 Jan 2025.
Credit Ratings, Litigation & Regulatory Alerts for Akson Oiltech Private 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.
MSME Payment Delays by Akson Oiltech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Akson Oiltech Private 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 Akson Oiltech Private Limited
Akson Oiltech has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA1436J1ZI | Maharashtra | Active | 01 Jul 2017 |
| 24AAPCA1436J1ZO | Gujarat | 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 Akson Oiltech Private 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 Akson Oiltech Private Limited
Akson Oiltech is an active private limited company based in Mumbai, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 10 February 2017 (9+ years old) and is registered under CIN U24299MH2017PTC291048.
Akson Oiltech reported revenue of ₹7.01 Cr for FY 2025 (down 18% YoY).
Akson Oiltech has 3 current directors:
- Kailashnarain Agarwal - Director
- Harsh Kailashnarain Agarwal - Director
- Kuldeep Kumar Ravt - Additional Director
Akson Oiltech reported a net loss of ₹1.09 Cr (net margin -15.6%) and EBITDA of -₹73.04 Lakh (EBITDA margin -10.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Akson Oiltech is -49% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Akson Oiltech is 27AAPCA1436J1ZI, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAPCA1436J1ZO (Gujarat).
The CIN (Corporate Identification Number) of Akson Oiltech is U24299MH2017PTC291048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akson Oiltech has 8 court cases on record: 8 filed by the company. 6 are pending. Most are in the district courts.
Akson Oiltech was incorporated on 10 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Akson Oiltech by revenue are Maxso Petrocarban Private Limited, Ingravity Petrochem Private Limited, Supervac Industries LLP, Ralson Petrochemicals Limited, Tribology India Limited and 5 more, all in the Chemicals industry (Petrochemicals).
Kuldeep Kumar Ravt was appointed as Additional Director on 24 Jan 2025. Kailashnarain Agarwal was appointed as Director on 15 Dec 2023. Ramsajivan Premnath Vishwakarma ceased to be Additional Director on 30 Sep 2022. Akson Oiltech has 6 board changes on record in total.