Basic Fuels Private Limited
About Basic Fuels Private Limited
Data last updated:
Basic Fuels Private Limited is a private limited company based in Giridih, Jharkhand, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 19 June 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U23100JH1991PTC004504. Its GSTIN is 20AACCB6190R2ZE (Jharkhand). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹34.95 Lakh. It is led by directors including Ghazi Md Masud Alam (Managing Director) and Mohammad Asif Chand.
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 Baodina P.O. – Giridih Ps – Giridih, Jharkhand, India – 815301.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.63 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net profit of ₹3.89 Lakh (net margin 2.4%) and EBITDA of ₹6.67 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹12 Lakh on record. Court records list 31 cases involving the company, including 8 filed by the company and 23 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressBaodina P.O. – Giridih Ps – Giridih, Jharkhand, India – 815301
- IndustryMetals and Minerals, Other Metals & Minerals
- 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 Basic Fuels Private Limited
The main business activity of Basic Fuels is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 Basic Fuels Private Limited FY 2025 filings available
Basic Fuels Private Limited reported revenue of ₹1.63 Cr (down 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Basic Fuels Private Limited
Revenue fell 66% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 33% 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 Basic Fuels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹6.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.89 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 of Basic Fuels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Basic Fuels are in the company report.
Financial statements from 2015
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 Basic Fuels Private Limited
Basic Fuels Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Other Minerals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jagannath Ore Grinding Private Limited | ₹1.67 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Mayurbhanj, Odisha, India |
| Sanskar Industries Private Limited | ₹1.66 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Ahmedabad, Gujarat, India |
| Icon Infrasol Private Limited | ₹1.66 Cr (FY 2019) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Pilot Minerls and Chemicals Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Rajsamand, Rajasthan, India |
| Shreechintaamani Bio Energy Private Limited | ₹1.65 Cr (FY 2021) | •••• | •••• | •••• | Aurangabad, Maharashtra, India | |
| Basic Fuels Private Limited this company | ₹1.63 Cr (FY 2024) | •••• | •••• | -66.0% | •••• | Giridih, Jharkhand, India |
| Imperial Fuels Private Limited | ₹1.62 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Jamnagar, Gujarat, India |
| Nitesh Minerals Private Limited | ₹1.61 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Jodhpur, Rajasthan, India |
| Yogshri Mines and Minerals Private Limited | ₹1.61 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Udaipur, Rajasthan, India |
| Gargoti Indian Minerals Limited | ₹1.6 Cr (FY 2025) | •••• | •••• | 214.0% | •••• | Nashik, Maharashtra, India |
| Maa Gayatri Coke Industries Private Limited | ₹1.59 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Hazaribagh, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below Basic Fuels by revenue in the Metals and Minerals industry (Other Minerals), 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 Basic Fuels Private Limited
Basic Fuels Private Limited is audited by G SHABBIR & COMPANY for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G SHABBIR & COMPANY | 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 Basic Fuels Private Limited
Basic Fuels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammad Asif Chand | Director | 19 Jun 1991 | 35 Years 3 Months | Current |
| Rizwanul Hasan Kazmi | Director | 19 Jun 1991 | 35 Years 3 Months | Current |
| Ghazi Md Masud Alam | Managing Director | 01 Sep 1991 | 35 Years 1 Months | Current |
Ownership and Shareholding of Basic Fuels 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 Basic Fuels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jul 2025 | Bank of India | ₹12 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Basic Fuels Private Limited
Basic Fuels Private Limited has 31 court cases on record: 8 filed by Basic Fuels, 23 filed against it. 2 cases are pending and 29 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 22 | 1 |
| High courts | 8 | 0 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Jharkhand | Writ petition | Filed by the company against Bharat Coking Coal Limited | Disposed |
| High Court of Jharkhand | Court case (C.Rev.) | Filed by the company against Bharat Coking Coal Limited | Disposed |
| High Court of Jharkhand | Appeal | Filed by the company against Bharat Coking Coal Limited | Disposed |
| Supreme Court | Court case | Filed against the company by Bharat Coking Coal Limited | Disposed |
| High Court of Jharkhand | Writ petition | Filed by the company against State of Jharkhand | Pending |
Full case history
All 31 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.
Employees and EPFO Compliance at Basic Fuels Private Limited
Employment history and EPFO contributions of people linked to Basic Fuels.
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.
CIN History of Basic Fuels Private Limited
Basic Fuels has one previous CIN (Corporate Identification Number): U00319JH1991PTC004504. The current CIN is U23100JH1991PTC004504, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23100JH1991PTC004504 | Current |
| U00319JH1991PTC004504 | Previous |
Recent Activity on Basic Fuels Private Limited
Basic Fuels Private Limited has 5 board changes on record since 1991: 4 appointments and 1 cessation. The latest: Almas Perween ceased to be Director on 16 May 2022.
Credit Ratings, Litigation & Regulatory Alerts for Basic Fuels 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 Basic Fuels 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 Basic Fuels 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 Basic Fuels Private Limited
Basic Fuels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AACCB6190R2ZE | Jharkhand | Active | 24 May 2018 |
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 Basic Fuels 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 Basic Fuels Private Limited
Basic Fuels is an active private limited company based in Giridih, Jharkhand, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 19 June 1991 (35+ years old) and is registered under CIN U23100JH1991PTC004504.
Basic Fuels reported revenue of ₹1.63 Cr for FY 2024 (down 66% YoY).
Basic Fuels has 3 current directors:
- Ghazi Md Masud Alam - Managing Director
- Mohammad Asif Chand - Director
- Rizwanul Hasan Kazmi - Director
Basic Fuels reported a net profit of ₹3.89 Lakh (net margin 2.4%) and EBITDA of ₹6.67 Lakh (EBITDA margin 4.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Basic Fuels is 5% over three years and 5% over five years. In the latest year (FY 2024) revenue fell 66%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Basic Fuels is 20AACCB6190R2ZE, registered in Jharkhand. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Basic Fuels is U23100JH1991PTC004504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basic Fuels has 31 court cases on record: 8 filed by the company and 23 filed against it. 2 are pending. Most are in the district courts.
Basic Fuels was incorporated on 19 June 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ranchi.
The peers of Basic Fuels by revenue are Jagannath Ore Grinding Private Limited, Sanskar Industries Private Limited, Icon Infrasol Private Limited, Pilot Minerls and Chemicals Private Limited, Shreechintaamani Bio Energy Private Limited and 5 more, all in the Metals and Minerals industry (Other Minerals).
Almas Perween ceased to be Director on 16 May 2022. Almas Perween was appointed as Director on 15 Jan 1992. Ghazi Md Masud Alam was appointed as Managing Director on 01 Sep 1991. Basic Fuels has 5 board changes on record in total.