Ambition Coal Private Limited

Ambition Coal Private Limited - metals and minerals in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U51909GJ2016PTC092865 Incorporated 09 July 2016 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2024
₹30.15 Cr
▼ 63% YoY
Net profit · FY 2024
₹72.13 Lakh
Net margin 2.4%
EBITDA · FY 2024
₹1.36 Cr
EBITDA margin 4.5%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹13 Cr
Satisfied ₹12.6 Cr
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings

About Ambition Coal Private Limited

Data last updated:

Ambition Coal Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 09 July 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2016PTC092865. Its GSTIN is 24AADCJ7578A1ZN (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Cr. It was formerly known as J. Ambition Coal and Minerals Private Limited and Ambition Energy & Minerals Private Limited. It is led by directors Yashika Jayesh Agrawal and Jayeshkumar Mahesh Agrawal.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 609 Luxuria Business Hub Dumar Road, Surat, Gujarat, India – 395007.

As per the financials filed for FY 2024, the company reported a revenue of ₹30.15 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net profit of ₹72.13 Lakh (net margin 2.4%) and EBITDA of ₹1.36 Cr (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 17% over five years.

As per MCA filings, the company has open charges of ₹13 Cr and satisfied charges of ₹12.6 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 5 cases are pending.

Ambition Coal Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0073360). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51909GJ2016PTC092865
Registration Number 092865
Incorporation Date 09 July 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0073360

Name history

Ambition Coal has undergone 2 name changes throughout its history. The company was previously known as J. Ambition Coal And Minerals Private Limited, and Ambition Energy & Minerals Private Limited. The current legal name is Ambition Coal Private Limited.

Company NameStatus
Ambition Coal Private LimitedCurrent
J. Ambition Coal And Minerals Private LimitedPrevious
Ambition Energy & Minerals Private LimitedPrevious

Recognitions & Rankings of Ambition Coal

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-22-0073360

Contact details

Ambition Coal Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    609 Luxuria Business Hub Dumar Road, Surat, Gujarat, India – 395007
  • Industry
    Metals and Minerals, Materials Retail & Distribution

To see the full contact details of Ambition Coal Private Limited, buy the company report.

Comprehensive company report
Ambition Coal Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Ambition Coal is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Ambition Coal Private Limited, buy the company report.

Financials of Ambition Coal Private Limited

FY 2024 filings available

Ambition Coal Private Limited reported revenue of ₹30.15 Cr (down 63% YoY) for FY 2024.

Revenue · FY 2024
₹30.15 Cr ▼ 63%
Net profit · FY 2024
₹72.13 Lakh margin 2.4%
EBITDA · FY 2024
₹1.36 Cr margin 4.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 63%
3 years · compounded
▲ 43%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 56%
3 years · compounded
▲ 30%
5 years · compounded
▲ 31%

Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 63% fall in the latest year. EBITDA fell 56% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.36 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹72.13 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.5%
Net Profit Margin2.4%
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 Ambition Coal Private Limited, buy the company report.

Board of directors of Ambition Coal Private Limited

Ambition Coal has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Yashika Jayesh AgrawalDirector01 Nov 20214 Years 11 MonthsCurrent
Jayeshkumar Mahesh AgrawalDirector09 Jul 201610 Years 3 MonthsCurrent

Peer comparison

Ambition Coal Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Broking Services, Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Aksa Iron & Coke Industries Private Limited₹30.27 Cr (FY 2025)17.0%Dhanbad, Jharkhand, India
Siddhidatri Trading Company Private Limited₹30.18 Cr (FY 2017)-75.0%Ballabgarh, Haryana, India
Worldly Ispat Private Limited₹30.17 Cr (FY 2024)125.0%Ahmedabad, Gujarat, India
Ambition Coal Private Limitedthis company₹30.15 Cr (FY 2024)₹72.13 Lakh2.4%-63.0%Surat, Gujarat, India
Maa Santoshi Alloys Private Limited₹30.05 Cr (FY 2025)-61.0%Kolkata, West Bengal, India

To see the full peer comparison of Ambition Coal Private Limited, buy the company report.

Auditor

Ambition Coal Private Limited is audited by RPV & COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RPV & COMPANYFY 20231343844W

Shareholding

The shareholding of Ambition Coal Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ambition Coal Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13 Cr
Satisfied charges
₹12.6 Cr
Breakdown by lending institutions
Canara Bank₹13.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jan 2024100854818Canara Bank₹13 CrOpen
28 Sep 2022100627336Axis Bank Limited₹9 CrSatisfied
22 Jun 2020100355809Indian Bank₹59.5 LakhSatisfied
24 Nov 2017100143463Others₹3 CrSatisfied

To see the full charge records of Ambition Coal Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ambition Coal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Ambition Coal has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AADCJ7578A1ZNGujaratActive01 Jul 2017
29AADCJ7578A1ZDKarnatakaActive27 Oct 2017

To see the full GST registrations and return filing status of Ambition Coal Private Limited, buy the company report.

Recent activity

Ambition Coal Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Yashika Jayesh Agrawal ceased to be Additional Director on 30 Nov 2021.

Charges
A charge with Canara Bank of Rs. 13.00 Cr registered on 24 Jan 2024 with Charge ID 100854818 was modified on 26 Dec 2024.
AGM
Ambition Coal Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ambition Coal Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 28 Sep 2022 via Charge ID 100627336 with Axis Bank Limited was fully satisfied on 16 Feb 2024.
Charges
A charge with Canara Bank amounted to Rs. 13.00 Cr with Charge ID 100854818 was registered on 24 Jan 2024.
Charges
A charge with Axis Bank Limited of Rs. 9.00 Cr registered on 28 Sep 2022 with Charge ID 100627336 was modified on 22 Nov 2022.
Charges
A charge registered on 24 Nov 2017 via Charge ID 100143463 with Others was fully satisfied on 01 Nov 2022.
Charges
A charge registered on 22 Jun 2020 via Charge ID 100355809 with Indian Bank was fully satisfied on 14 Oct 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.00 Cr with Charge ID 100627336 was registered on 28 Sep 2022.
Ceased
Yashika Jayesh Agrawal ceased to be Additional Director.
Ceased
Osnil Pradeep Poddar ceased to be Director.
Appointed
Yashika Jayesh Agrawal was appointed as Director.

4 earlier events are in the company report.

Frequently asked questions

Ambition Coal is an active private limited company based in Surat, Gujarat, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 09 July 2016 (10+ years old) and is registered under CIN U51909GJ2016PTC092865.

Ambition Coal has 2 current directors:

The latest financial statements of Ambition Coal on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Ambition Coal is 24AADCJ7578A1ZN, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AADCJ7578A1ZD (Karnataka).

The CIN (Corporate Identification Number) of Ambition Coal is U51909GJ2016PTC092865. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ambition Coal has 5 court cases on record: 5 filed against it. 5 are pending. Most are in the district courts.

Ambition Coal was incorporated on 09 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Ambition Coal by revenue are Aksa Iron & Coke Industries Private Limited, Siddhidatri Trading Company Private Limited, Worldly Ispat Private Limited, Maa Santoshi Alloys Private Limited, all in the Metals and Minerals industry (Broking Services, Materials Retail and Distribution), with the same principal business activity (wholesale trading).

Yashika Jayesh Agrawal ceased to be Additional Director on 30 Nov 2021. Osnil Pradeep Poddar ceased to be Director on 01 Nov 2021. Yashika Jayesh Agrawal was appointed as Director on 01 Nov 2021. Ambition Coal has 4 board changes on record in total.

Yes, Ambition Coal is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0073360).

The registered office of Ambition Coal is at 609 Luxuria Business Hub Dumar Road, Surat, Gujarat, India – 395007.