About Bharat Petroresources Limited
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Bharat Petroresources Limited is a public limited union government company based in Mumbai, Maharashtra, India, a subsidiary of Bharat Petroleum Corporation Limited. It operates in the oil and gas exploration and production segment of the energy and power sector. It was incorporated on 17 October 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23209MH2006GOI165152. Its GSTIN is 27AADCB2234R1ZF (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹15,000 Cr and a paid-up capital of ₹14,000 Cr. It is led by directors including Vikas (Managing Director) and Krishnakant Joshi.
Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bharat Bhavan 4 & 6 Currimbhoy Road Ballard Estate Mumbai 400001, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹440.39 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹1,966.29 Cr (net margin -446.5%) and EBITDA of -₹80.33 Cr (EBITDA margin -18.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 27% over five years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Bharat PetroResources Limited. Court records list 22 cases involving the company, including 6 filed by the company and 16 filed against it; 2 cases are pending. The company has 11 deals on record (7 rights issues, 4 funding rounds), with disclosed funding of ₹2,619.95 Cr; the latest was in December 2025. Its 5 peer companies in the Oil and Gas industry (Exploration and Production), with the same principal business activity (extraction of crude petroleum & natural gas) are compared by revenue, 3 larger and 2 smaller; the largest is Hindustan Oil Exploration Company Limited with revenue of ₹496.99 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bharatpetroresources.in.
Company details
Contact details
Bharat Petroresources Limited's registered office is in Mumbai, Maharashtra. Its website is bharatpetroresources.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBharat Bhavan 4 & 6 Currimbhoy Road Ballard Estate Mumbai 400001, Maharashtra, India – 400001
- IndustryEnergy and Power, Oil & Gas Exploration & Production
To see the full contact details of Bharat Petroresources 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
Brands
Bharat Petroresources operates one associated brand: Bharat PetroResources Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Oil and gas exploration and production services are provided by Bharat PetroResources Limited as a subsidiary of Bharat Petroleum. | bharatpetroresources.in |
Business activity
The main business activity of Bharat Petroresources is mining and quarrying. In detail, this covers extraction of crude petroleum & natural gas.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B2 | Extraction of Crude Petroleum & Natural gas |
To see the full business activity and turnover split of Bharat Petroresources Limited, buy the company report.
Financials of Bharat Petroresources Limited
FY 2025 filings availableBharat Petroresources Limited reported revenue of ₹440.39 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 21% growth in the latest year. EBITDA rose 63% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹80.33 Cr | ||||
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| Net Profit (PAT) | -₹1,966.29 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -18.2% | ||||
| Net Profit Margin | -446.5% | ||||
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To see the full financial statements and ratios of Bharat Petroresources Limited, buy the company report.
Board of directors of Bharat Petroresources Limited
Bharat Petroresources has 6 current directors and 40 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnakant Joshi | Director | 25 Jul 2022 | 4 Years 3 Months | Current |
| Kamal Chopra Also directs: Bharat Petroresources Jpda Limited | Director | 21 Feb 2022 | 4 Years 8 Months | Current |
| Sanjay Khanna Also directs: Bharat Petroleum Corporation Limited, Petronet LNG Limited, Ratnagiri Refinery and Petrochemicals Limited and 1 more | Director | 07 Sep 2022 | 4 Years 1 Months | Current |
| Ramakrishna Gupta Vetsa Also directs: Bharat Petroleum Corporation Limited | Director | 12 Jan 2022 | 4 Years 9 Months | Current |
| Yashika Mehta | Nominee Director | 27 Jun 2025 | 1 Years 4 Months | Current |
| Vikas | Managing Director | 07 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Bharat Petroresources Limited is compared with the 5 companies closest to it by revenue in the Oil and Gas industry (Exploration and Production), with the same principal business activity (extraction of crude petroleum & natural gas), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hindustan Oil Exploration Company Limited | ₹496.99 Cr (FY 2025) | -35.0% | Vadodara, Gujarat, India | |||
| Halliburton India Operations Private Limited | ₹490.45 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Aban Offshore Limited | ₹447.74 Cr (FY 2024) | -16.0% | Chennai, Tamil Nadu, India | |||
| Bharat Petroresources Limitedthis company | ₹440.39 Cr (FY 2025) | -₹1,966.29 Cr | -446.5% | 21.0% | 2 | Mumbai, Maharashtra, India |
| Sterling International Enterprises Limited | ₹440.12 Cr (FY 2016) | Mumbai, Maharashtra, India | ||||
| Sterling Oil Resources Limited | ₹404.36 Cr (FY 2015) | 62.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Bharat Petroresources Limited, buy the company report.
Auditor
Bharat Petroresources Limited is audited by NBS & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NBS & CO. | FY 2023 | 110100W |
Shareholding
The shareholding of Bharat Petroresources 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bharat Petroresources Limited, buy the company report.
Deals & funding
Bharat Petroresources Limited has 11 deals on record (7 rights issues, 4 funding rounds), with disclosed funding of ₹2,619.95 Cr; the latest was in December 2025.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2025 | Rights issue | ₹950 Cr | Investors: Bharat Petroleum Corporation Limited |
| Aug 2023 | Rights issue | ₹3,575 Cr | Investors: Bharat Petroleum Corporation Limited |
| Jun 2022 | Rights issue | ₹2,200 Cr | Investors: Bharat Petroleum Corporation Limited |
| Jun 2021 | Rights issue | ₹1,125 Cr | Investors: Bharat Petroleum Corporation Limited |
| Dec 2020 | Rights issue | ₹1,150 Cr | Investors: Bharat Petroleum Corporation Limited |
To see the full deal history of Bharat Petroresources 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
Bharat Petroresources Limited has 22 court cases on record: 6 filed by Bharat Petroresources, 16 filed against it. 2 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 13 | 1 |
| NCLAT | 5 | 3 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against JSW Steel Limited Earlier JSW Fspat Special Products Limited and 1 other | Pending |
| NCLAT, Court II | Tribunal matter | Filed by the company against Videocon Industries Ltd and 7 others | Pending |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against JSW Steel Limited Earlier JSW Ispat Special Products Limited and 1 other | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by JSW Ispat Special Products Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against JSW Steel Limited | Disposed |
To see the full case history of Bharat Petroresources 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
No delayed payments to MSME suppliers are on our record for Bharat Petroresources Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bharat Petroresources has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bharat Petroresources Jpda Limited | U23209MH2006GOI165279 |
To see the full group structure of Bharat Petroresources Limited, buy the company report.
Employees & EPFO
Bharat Petroresources Limited has a workforce of 2 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Bharat Petroresources has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB2234R1ZF | Maharashtra | Active | 01 Jul 2017 |
| 27AADCB2234R1DO | Maharashtra | Active | 03 Oct 2018 |
| 24AADCB2234R1ZL | Gujarat | Active | 01 Jul 2017 |
| 24AADCB2234R1DU | Gujarat | Active | 01 Oct 2018 |
To see the full GST registrations and return filing status of Bharat Petroresources Limited, buy the company report.
Recent activity
Bharat Petroresources Limited has 45 board changes on record since 2009: 8 appointments and 37 cessations. The latest: Vikas was appointed as Managing Director on 07 Nov 2025.
36 earlier events are in the company report.
News
Frequently asked questions
Bharat Petroresources is an active public limited union government 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 17 October 2006 (20+ years old) and is registered under CIN U23209MH2006GOI165152.
Bharat Petroresources has 6 current directors:
- Vikas - Managing Director
- Krishnakant Joshi - Director
- Kamal Chopra - Director
- Sanjay Khanna - Director
- Ramakrishna Gupta Vetsa - Director
- Yashika Mehta - Nominee Director
The latest financial statements of Bharat Petroresources on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 07 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bharat Petroresources is 27AADCB2234R1ZF, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCB2234R1DO (Maharashtra), 24AADCB2234R1ZL (Gujarat), 24AADCB2234R1DU (Gujarat).
The CIN (Corporate Identification Number) of Bharat Petroresources is U23209MH2006GOI165152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharat Petroresources has 22 court cases on record: 6 filed by the company and 16 filed against it. 2 are pending. Most are in the high courts.
Bharat Petroresources was incorporated on 17 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Bharat Petroresources has 11 deals on record (7 rights issues, 4 funding rounds), with disclosed funding of ₹2,619.95 Cr; the latest was in December 2025.
The peers of Bharat Petroresources by revenue are Hindustan Oil Exploration Company Limited, Halliburton India Operations Private Limited, Aban Offshore Limited, Sterling International Enterprises Limited, Sterling Oil Resources Limited, all in the Oil and Gas industry (Exploration and Production), with the same principal business activity (extraction of crude petroleum & natural gas).
Vikas was appointed as Managing Director on 07 Nov 2025. Yashika Mehta was appointed as Nominee Director on 27 Jun 2025. Krishnakumar Gopalan was appointed as Director on 22 Aug 2023. Bharat Petroresources has 45 board changes on record in total.
Bharat Petroresources can be reached through the website bharatpetroresources.in. Its registered office is in Mumbai, Maharashtra, India.
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