About Bana Refinery
Bana Refinery is an Industrial Goods & Manufacturing company based in India. Recycled lubricating oil manufacturing and base oil supplying in India. The company has 7 employees. Its Indian entity Bana Refinery Private Limited reported revenue of ₹30.27 Cr. Bana Refinery offers products and services including Recycled Lubricating Oil and Recycled Base Oil. Its focus areas include Industrial Supplies, Chemicals, Base Oil Supply and Recycled Products.
Company details
Bana Refinery is identified as a key entity in the recycling of used lubricating oil and the supply of recycled base oil within India. EPR certification is maintained by the company, which ensures adherence to environmental standards in its operations. Recycling processes are utilized to convert waste oil into usable products, supporting industrial needs while promoting sustainability. The focus is placed on quality control and compliance, where products are distributed through business-to-business channels. Overall, contributions to waste management in the energy sector are noted, with operations centered on responsible resource utilization.
- Headquarters India
- Employees 7
- SectorsIndustrial Goods & Manufacturing
- Legal Name Bana Refinery Private Limited
- Date of Incorporation 19 Sep, 1996
- Jurisdiction Kolhapur, Maharashtra, India
- Annual Revenue₹30.27 Cr
FY 2024 · -23% YoY
- Net Loss-₹47 Lakh
FY 2024 · -2% margin
- EBITDA₹24.9 Lakh
FY 2024 · 1% margin
- Employee Count7
Associated legal entities of Bana Refinery
Bana Refinery operates through Bana Refinery Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bana Refinery Private Limited CIN U15142MH1996PTC102698 | Active | 19 Sep 1996 | Kolhapur, Maharashtra | ₹30.3 Cr | 7 | 2 | View details |
Products & Services of Bana Refinery
Bana Refinery offers a comprehensive portfolio of products and services, including Recycled Lubricating Oil and Recycled Base Oil.
Used lubricating oil is recycled and manufactured for various applications
Recycled base oil is supplied for industrial uses
Board of directors of Bana Refinery Private Limited (Bana Refinery)
Bana Refinery Private Limited is the primary company behind Bana Refinery. The board of Bana Refinery Private Limited currently have 2 directors; the longest-serving is Denish Bhagwanji Patel, appointed in 2016. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Denish Bhagwanji Patel DIN 00778187 | Director | 25 Aug 2016 | 10 yrs 2 mo | Bana Refinery Private Limited |
| Nilesh Bhagawanji Patel DIN 00254036 | Director | 25 Aug 2016 | 10 yrs 2 mo | Bana Refinery Private Limited |
Financials of Bana Refinery
Figures of Bana Refinery Private Limited, the primary company behind Bana Refinery, for FY 2024. Revenue was ₹30.27 Cr (-23% year on year). Net loss was -₹47 Lakh (-2% margin). EBITDA was ₹24.9 Lakh (1% margin). Revenue has grown at a compounded annual rate of +12% over three years and +5% over five years.
- ₹30.27 CrRevenue · FY 2024 · -23% YoY
- -₹47 LakhNet loss · -2% margin
- ₹24.9 LakhEBITDA · 1% margin
- ₹37.3 LakhPaid-up capital
- 7Employees (provident fund records)
- +12%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bana Refinery Private Limited are on its company page.
Detailed financial statements for Bana Refinery
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Frequently Asked Questions about Bana Refinery
Bana Refinery is headquartered in India.
Bana Refinery has 7 employees.
The primary company behind Bana Refinery, Bana Refinery Private Limited, reported revenue of ₹30.27 Cr for FY 2024, down 23% year on year.
Bana Refinery is identified as a key entity in the recycling of used lubricating oil and the supply of recycled base oil within India. EPR certification is maintained by the company, which ensures adherence to environmental standards in its operations. Recycling processes are utilized to convert waste oil into usable products, supporting industrial needs while promoting sustainability. The focus is placed on quality control and compliance, where products are distributed through business-to-business channels. Overall, contributions to waste management in the energy sector are noted, with operations centered on responsible resource utilization.
Bana Refinery offers Recycled Lubricating Oil and Recycled Base Oil.
Bana Refinery operates through Bana Refinery Private Limited.
The legal entities of Bana Refinery currently have 2 directors, including Denish Bhagwanji Patel, Nilesh Bhagawanji Patel.