About Motul India Private Limited
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Motul India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 23 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23201MH2002PTC138368. Its GSTIN is 27AAECA0002D3ZK (Maharashtra). The company holds 34 GST registrations, of which 21 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹17.89 Lakh. It was formerly known as Atlantic Lubricants and Specialities Private Limited. It is led by directors including Jitendra Garganarayan Goswami and Dhruv Somalal Vyas.
Its last annual general meeting (AGM) was held on 01 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹1,075.97 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹118.29 Cr (net margin 11%) and EBITDA of ₹162.26 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 24% over five years.
The company has about 198 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17 Cr and satisfied charges of ₹5.5 Cr on record. Court records list 18 cases involving the company, including 16 filed by the company and 2 filed against it; 3 cases are pending. The company has 12 deals on record (11 secondary share transfers, 1 funding round), with disclosed funding of ₹4.5 Cr; the latest was in March 2022. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 12 overdue payments to 5 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 motul.com.
Company details
Contact details
Motul India Private Limited's registered office is in Mumbai, Maharashtra. Its website is motul.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 203 – B 2nd Floor Godrej Two, Pirojshanagar Eastern Express Highway Vikhroli East, Mumbai, Maharashtra, India – 400079
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Motul India 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 Motul India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Motul India Private Limited, buy the company report.
Financials of Motul India Private Limited
FY 2026 filings availableMotul India Private Limited reported revenue of ₹1,075.97 Cr (up 14% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 14% growth in the latest year. EBITDA rose 10% 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
| 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 | ₹1,075.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹162.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹118.29 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 11% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Motul India Private Limited, buy the company report.
Board of directors of Motul India Private Limited
Motul India has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Garganarayan Goswami Also directs: Astrum Healthcare Private Limited, Motultech India Private Limited | Director | 06 Mar 2003 | 23 Years 8 Months | Current |
| Dhruv Somalal Vyas | Director | 23 Dec 2002 | 23 Years 10 Months | Current |
| Lionel Maurice Dantiacq Also directs: Motultech India Private Limited | Director | 04 Feb 2022 | 4 Years 9 Months | Current |
| Ketan Vinod Vyas | Director | 07 Oct 2019 | 7 Years 1 Months | Current |
| Herve Jean Marie Amelot | Director | 07 Oct 2019 | 7 Years 1 Months | Current |
| Gregoire Charles Philippe Zaugg | Director | 04 Feb 2022 | 4 Years 9 Months | Current |
Auditor
Motul India Private Limited is audited by SURESH SURANA & ASSOCIATES LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH SURANA & ASSOCIATES LLP | FY 2026 | 121750W/W100010 |
Shareholding
The shareholding of Motul India Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Motul India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2026 | 101266134 | Axis Bank Limited | ₹2 Cr | Open | |
| 20 Feb 2015 | 10555635 | Others | ₹15 Cr | Open | |
| 14 Jan 2014 | 10482948 | Icici Bank Limited | ₹50 Lakh | Satisfied | |
| 17 Sep 2012 | 10382857 | Icici Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Motul India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Motul India Private Limited has 12 deals on record (11 secondary share transfers, 1 funding round), with disclosed funding of ₹4.5 Cr; the latest was in March 2022.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Motul Asia Pacific Pte Ltd Seller: 4 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Seller: United Additives Private Limited , Standard Green Bio-Energy Private Limited , Sky Bio-Pharma (India ) Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Janus Consolidated Finance Private Limited |
| Sep 2012 | Funding round | ₹4.5 Cr | Investors: Janus Consolidated Finance Private Limited , Sky Bio-Pharma (India ) Limited , Standard Green Bio-Energy Private Limited |
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: United Additives Private Limited Seller: 4 individuals |
To see the full deal history of Motul India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Motul India Private Limited has 18 court cases on record: 16 filed by Motul India, 2 filed against it. 3 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 2 | 2 |
| High courts | 6 | 0 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Arbitration matter | Filed by the company against Triton Hotels and Resorts Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against M-S.Ess Emm Business Solutions Pvt.Ltd. and 2 Ors | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Vijayanand Road Lines Ltd and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Sahni India Lubricants Through Its Partners Mr. Gurmeet Singh Sahni and Tanupriya Kaur Sahni | Pending |
| District court, Gwalior, Madhya Pradesh | Court case (RCS A) | Filed against the company by M/S Anand Lubricants | Pending |
To see the full case history of Motul India Private Limited, buy the company report.
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
Motul India Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 12 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Dvio Digital Private Limited | |||
| Flair Writing Industries Limited | |||
| an individual supplier | |||
| Bala Tourist Service |
To see the full MSME payment records of Motul India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Motul India Private Limited has a workforce of 198 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 198 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Motul India Private Limited, buy the company report.
GST
Motul India has 34 GST registrations: 21 active and 13 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA0002D3ZK | Maharashtra | Active | 27 Jul 2017 |
| 27AAECA0002D4ZJ | Maharashtra | Active | 21 Mar 2025 |
| 27AAECA0002D5ZI | Maharashtra | Active | 21 Mar 2025 |
| 03AAECA0002D1ZW | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Motul India Private Limited, buy the company report.
Recent activity
Motul India Private Limited has 13 board changes on record since 2002: 8 appointments and 5 cessations. The latest: Zhengxin Zhang ceased to be Additional Director on 20 Apr 2025.
11 earlier events are in the company report.
Frequently asked questions
Motul India is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 23 December 2002 (24+ years old) and is registered under CIN U23201MH2002PTC138368.
Motul India has 7 current directors:
- Jitendra Garganarayan Goswami - Director
- Dhruv Somalal Vyas - Director
- Lionel Maurice Dantiacq - Director
- Ketan Vinod Vyas - Director
- Herve Jean Marie Amelot - Director
- Gregoire Charles Philippe Zaugg - Director
- Zhengxin Zhang - Director
The latest financial statements of Motul India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Motul India is 27AAECA0002D3ZK, registered in Maharashtra. The company has 34 GST registrations in all, of which 21 are active and 13 are cancelled or inactive. Other active GSTINs include 27AAECA0002D4ZJ (Maharashtra), 27AAECA0002D5ZI (Maharashtra), 03AAECA0002D1ZW (Punjab).
The CIN (Corporate Identification Number) of Motul India is U23201MH2002PTC138368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Motul India has 18 court cases on record: 16 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Motul India was incorporated on 23 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Motul India has 12 deals on record (11 secondary share transfers, 1 funding round), with disclosed funding of ₹4.5 Cr; the latest was in March 2022.
Zhengxin Zhang ceased to be Additional Director on 20 Apr 2025. Olivier Jean Patrick Montange ceased to be Director on 26 Mar 2025. Zhengxin Zhang was appointed as Director on 26 Mar 2025. Motul India has 13 board changes on record in total.
Motul India has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 12 overdue payments to 5 micro and small suppliers. The latest return was filed on 04 Jun 2019.
Motul India can be reached through the website motul.com. Its registered office is in Mumbai, Maharashtra, India.
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