Bvishal Exploration Private Limited
About Bvishal Exploration Private Limited
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Bvishal Exploration Private Limited is a private limited company based in Mehsana, Gujarat, India, a subsidiary of Bvishal Oil And Energy Limited and recognised as a startup by DPIIT. It operates in the oil and gas exploration and production segment of the energy and power sector. It was incorporated on 10 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U11202GJ2018PTC103210. Its GSTIN is 24AAHCB9173H1ZI (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bharatkumar Shankarlal Chaudhari and Vishalkumar Bharatbhai Chaudhary.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Block No. 27 Bscc Kothi Revenue Block No. 27 At Rupal Po – Sobhasan, Mehsana, Gujarat, India – 384001.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.17 Cr, a growth of 149% compared to the previous year. For the same year it recorded a net profit of ₹12.83 Cr (net margin 26.1%) and EBITDA of ₹20.49 Cr (EBITDA margin 41.7%). Revenue has grown at a compounded annual rate (CAGR) of 125% over three years and 122% over five years.
As per MCA filings, the company has open charges of ₹20.48 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
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- Registered AddressBlock No. 27 Bscc Kothi Revenue Block No. 27 At Rupal Po – Sobhasan, Mehsana, Gujarat, India – 384001
- IndustryEnergy and Power, Oil & Gas Exploration & Production
- 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 Bvishal Exploration Private Limited
The main business activity of Bvishal Exploration is mining and quarrying. In detail, this covers extraction of crude petroleum & natural gas.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B2 | Extraction of Crude Petroleum & Natural gas | 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 Bvishal Exploration Private Limited FY 2024 filings available
Bvishal Exploration Private Limited reported revenue of ₹49.17 Cr (up 149% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Bvishal Exploration Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 122% over five years, including 149% growth in the latest year. EBITDA rose 212% 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 Bvishal Exploration 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 | ₹20.49 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.83 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 of Bvishal Exploration Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 26.1% | •••• | •••• | •••• | •••• |
| 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 Bvishal Exploration are in the company report.
Financial statements from FY 2019
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 Bvishal Exploration Private Limited
Bvishal Exploration Private Limited is compared with the companies closest to it by revenue in the Oil and Gas industry (Exploration and Production). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aakash Exploration Services Limited Listed | ₹99.78 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Ahmedabad, Gujarat, India |
| Shapoorji Pallonji Armada Oil and Gas Services Private Limited | ₹91.29 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| GTC Oilfield Services Limited | ₹82.76 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Ahmedabad, Gujarat, India |
| Asap Fluids Private Limited | ₹71.67 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Vzen Industries Private Limited | ₹58.5 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Kolkata, West Bengal, India |
| Bvishal Exploration Private Limited this company | ₹49.17 Cr (FY 2024) | •••• | •••• | 149.0% | •••• | Mehsana, Gujarat, India |
| Naman Petro Private Limited | ₹41.04 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Barmer, Rajasthan, India |
| Axess Aim India Private Limited | ₹40.65 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Thane, Maharashtra, India |
| S K Oil Field Equipment Company Private Limited | ₹39.34 Cr (FY 2025) | •••• | •••• | 352.0% | •••• | Uttarakhand, India |
| Dynasty Oil & Gas Private Limited | ₹34.89 Cr (FY 2025) | •••• | •••• | 102.0% | •••• | New Delhi, Delhi, India |
| Deep Energy Resources Limited Listed | ₹33.76 Cr (FY 2023) | •••• | •••• | 1075.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Bvishal Exploration by revenue in the Oil and Gas industry (Exploration and Production), 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 Bvishal Exploration Private Limited
Bvishal Exploration Private Limited is audited by H.V.DOSHI AND CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H.V.DOSHI AND CO. | 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 Bvishal Exploration Private Limited
Bvishal Exploration 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 |
|---|---|---|---|---|
| Bharatkumar Shankarlal Chaudhari | Director | 10 Jul 2018 | 8 Years 3 Months | Current |
| Vishalkumar Bharatbhai Chaudhary Also directs: Bvishal Offshore Private Limited, Bvishal Oil and Energy Limited, BSCC P&E Solutions Private Limited and 1 more | Director | 10 Jul 2018 | 8 Years 3 Months | Current |
| Ajit Jain | Director | 05 Sep 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Bvishal Exploration 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 Bvishal Exploration Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 2022 | Others | ₹20.48 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Bvishal Exploration Private Limited
Bvishal Exploration Private Limited has 2 court cases on record: 1 filed by Bvishal Exploration, 1 filed against it. All cases are pending. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Oil and Natural Gas Corporation Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Esteem Industries Private Limited | Pending |
Full case history
All 2 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 Bvishal Exploration Private Limited
Employment history and EPFO contributions of people linked to Bvishal Exploration.
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.
Recent Activity on Bvishal Exploration Private Limited
Bvishal Exploration Private Limited has 5 board changes on record since 2018: 4 appointments and 1 cessation. The latest: Ajit Jain was appointed as Director on 05 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Bvishal Exploration 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 Bvishal Exploration 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 Bvishal Exploration 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 Bvishal Exploration Private Limited
Bvishal Exploration has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCB9173H1ZI | Gujarat | Active | 10 Jul 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 Bvishal Exploration 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 Bvishal Exploration Private Limited
Bvishal Exploration is an active private limited company based in Mehsana, Gujarat, India. The company works in oil and gas exploration and production, within the energy and power industry. It was incorporated on 10 July 2018 (8+ years old) and is registered under CIN U11202GJ2018PTC103210.
Bvishal Exploration reported revenue of ₹49.17 Cr for FY 2024 (up 149% YoY).
Bvishal Exploration has 3 current directors:
- Bharatkumar Shankarlal Chaudhari - Director
- Vishalkumar Bharatbhai Chaudhary - Director
- Ajit Jain - Director
Bvishal Exploration reported a net profit of ₹12.83 Cr (net margin 26.1%) and EBITDA of ₹20.49 Cr (EBITDA margin 41.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bvishal Exploration is 125% over three years and 122% over five years. In the latest year (FY 2024) revenue rose 149%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bvishal Exploration is 24AAHCB9173H1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Bvishal Exploration is U11202GJ2018PTC103210. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bvishal Exploration has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Bvishal Exploration was incorporated on 10 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bvishal Exploration by revenue are Aakash Exploration Services Limited, Shapoorji Pallonji Armada Oil and Gas Services Private Limited, GTC Oilfield Services Limited, Asap Fluids Private Limited, Vzen Industries Private Limited and 5 more, all in the Oil and Gas industry (Exploration and Production).
Ajit Jain was appointed as Director on 05 Sep 2025. Denis Borisovich Tsvetkov ceased to be Director on 03 Jun 2021. Denis Borisovich Tsvetkov was appointed as Director on 13 Aug 2018. Bvishal Exploration has 5 board changes on record in total.