Askara Oilfield Services Private Limited

Askara Oilfield Services Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U28939MH2003PTC142913 Incorporated 29 October 2003 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company energy and power MSME · Small
Data last updated
Revenue · FY 2025
₹16.22 Cr
▲ 303% YoY
Net profit · FY 2025
₹4.26 Cr
Net margin 26.3%
EBITDA · FY 2025
₹5.6 Cr
EBITDA margin 34.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.2 Lakh
Issued & subscribed
Open charges
₹36 Lakh
Secured borrowings
Company age
23 yrs
Est. 2003
Directors on board
4
As per MCA filings

About Askara Oilfield Services Private Limited

Data last updated:

Askara Oilfield Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the oil and gas exploration and production segment of the energy and power sector. It was incorporated on 29 October 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28939MH2003PTC142913. Its GSTIN is 27AABCI2887H1ZC (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors including Arun Pundalik Karle and Rashmi Arun Karle.

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 313 Tanaya Nandapatkar Road Vile Parle East, Mumbai, Maharashtra, India – 400057.

As per the financials filed for FY 2025, the company reported a revenue of ₹16.22 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.26 Cr (net margin 26.3%) and EBITDA of ₹5.6 Cr (EBITDA margin 34.5%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 6% over five years.

As per MCA filings, the company has open charges of ₹36 Lakh on record.

Askara Oilfield Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0075262). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website askaragroup.com.

Company details

CIN U28939MH2003PTC142913
Registration Number 142913
Incorporation Date 29 October 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0075262

Recognitions & Rankings of Askara Oilfield Services

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0075262

Contact details

Askara Oilfield Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is askaragroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    313 Tanaya Nandapatkar Road Vile Parle East, Mumbai, Maharashtra, India – 400057
  • Industry
    Energy and Power, Oil & Gas Exploration & Production

To see the full contact details of Askara Oilfield Services Private Limited, buy the company report.

Comprehensive company report
Askara Oilfield Services 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 Askara Oilfield Services is mining and quarrying. In detail, this covers mining support services activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
BMining and quarryingB5Mining Support Services activities

To see the full business activity and turnover split of Askara Oilfield Services Private Limited, buy the company report.

Financials of Askara Oilfield Services Private Limited

FY 2025 filings available

Askara Oilfield Services Private Limited reported revenue of ₹16.22 Cr (up 303% YoY) for FY 2025.

Revenue · FY 2025
₹16.22 Cr ▲ 303%
Net profit · FY 2025
₹4.26 Cr margin 26.3%
EBITDA · FY 2025
₹5.6 Cr margin 34.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 303%
3 years · compounded
▲ 60%
5 years · compounded
▲ 6%
EBITDA CAGR growth
3 years · compounded
▲ 129%
5 years · compounded
▲ 19%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 303% growth 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹5.6 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.26 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin34.5%
Net Profit Margin26.3%
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 Askara Oilfield Services Private Limited, buy the company report.

Board of directors of Askara Oilfield Services Private Limited

Askara Oilfield Services has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Arun Pundalik KarleDirector29 Oct 200323 Years 0 MonthsCurrent
Rashmi Arun KarleDirector29 Oct 200323 Years 0 MonthsCurrent
Kabir Ashok LullaDirector03 Sep 20224 Years 1 MonthsCurrent
Madhura Arun KarleDirector16 Jan 200917 Years 9 MonthsCurrent

Auditor

Askara Oilfield Services Private Limited is audited by M S THACKER & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
M S THACKER & COFY 2020110870W

Shareholding

The shareholding of Askara Oilfield Services Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Askara Oilfield Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹36 Lakh
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹0.36 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Feb 200710054325Canara Bank₹36 LakhOpen

To see the full charge records of Askara Oilfield Services Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

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

Employees & EPFO

Askara Oilfield Services Private Limited has 1 active EPFO establishment as of Apr 08, 2024.

Active EPFO establishments
1

GST

Askara Oilfield Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCI2887H1ZCMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Askara Oilfield Services Private Limited, buy the company report.

Recent activity

Askara Oilfield Services Private Limited has 4 board changes on record since 2003: 4 appointments. The latest: Kabir Ashok Lulla was appointed as Director on 03 Sep 2022.

AGM
Askara Oilfield Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Askara Oilfield Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Kabir Ashok Lulla was appointed as Director.
Charges
A charge with Canara Bank of Rs. 36.00 Lakh registered on 06 Feb 2007 with Charge ID 10054325 was modified on 25 Mar 2011.
Appointed
Madhura Arun Karle was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 36.00 Lakh with Charge ID 10054325 was registered on 06 Feb 2007.
Appointed
Arun Pundalik Karle was appointed as Director.
Appointed
Rashmi Arun Karle was appointed as Director.
Incorporation
29 Oct 2003
Askara Oilfield Services Private Limited was registered on 29 Oct 2003 with Roc Mumbai I & aged 23 years 5 days as per MCA records.

Frequently asked questions

Askara Oilfield Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in oil and gas exploration and production, within the energy and power industry. It was incorporated on 29 October 2003 (23+ years old) and is registered under CIN U28939MH2003PTC142913.

Askara Oilfield Services has 4 current directors:

The latest financial statements of Askara Oilfield Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Askara Oilfield Services is 27AABCI2887H1ZC, registered in Maharashtra.

The CIN (Corporate Identification Number) of Askara Oilfield Services is U28939MH2003PTC142913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Askara Oilfield Services was incorporated on 29 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.

Kabir Ashok Lulla was appointed as Director on 03 Sep 2022. Madhura Arun Karle was appointed as Director on 16 Jan 2009. Arun Pundalik Karle was appointed as Director on 29 Oct 2003. Askara Oilfield Services has 4 board changes on record in total.

Yes, Askara Oilfield Services is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0075262).

Askara Oilfield Services can be reached through the website askaragroup.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Askara Oilfield Services is at 313 Tanaya Nandapatkar Road Vile Parle East, Mumbai, Maharashtra, India – 400057.