About Cals Refineries Limited
Data last updated:
Cals Refineries Limited is a public limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the oil and gas exploration and production segment of the energy and power sector. It was incorporated on 25 July 1984.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L51909DL1984PLC018775. The company has 2 GST registrations on record, none of which is active. It is a listed company.
The company has an authorised share capital of ₹4,000 Cr and a paid-up capital of ₹829.4 Cr.
Its last annual general meeting (AGM) was held on 27 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Unit No. 209 2nd Floor Suneja Tower – II District Centre Janakpuri, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2017, the company reported a revenue of ₹4 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹1.84 Cr and EBITDA of -₹1.83 Cr. Revenue has declined at a compounded annual rate (CAGR) of 53% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹12.81 Cr on record. Court records list 24 cases involving the company, including 7 filed by the company and 16 filed against it; 1 case is pending. The company has 28 deals on record (27 market trades, 1 secondary share transfer); the latest was in March 2014. Its 10 peer companies in the Chemicals industry (Petrochemicals, Refineries) are compared by revenue, 5 larger and 5 smaller; the largest is Agnivansh Private Limited with revenue of ₹4.58 Lakh.
The last known website on record is cals.in.
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- Registered AddressUnit No. 209 2nd Floor Suneja Tower – II District Centre Janakpuri, New Delhi, Delhi, India – 110058
- 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
Financials of Cals Refineries Limited FY 2017 filings available
Cals Refineries Limited reported revenue of ₹4 Lakh (down 87% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Cals Refineries Limited
Revenue has declined at a compounded annual rate (CAGR) of 53% over three years, including a 87% fall in the latest year. EBITDA fell 47% 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 Cals Refineries Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹4 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹1.83 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.84 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 Cals Refineries Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 Cals Refineries 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 Cals Refineries Limited
Cals Refineries Limited is compared with the companies closest to it by revenue in the Chemicals industry (Petrochemicals, Refineries). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agnivansh Private Limited | ₹4.58 Lakh (FY 2025) | •••• | •••• | •••• | Gaya, Bihar, India | |
| Pooja Petrochemicals Private Limited | ₹4.38 Lakh (FY 2022) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Jajala Impex Private Limited | ₹4.21 Lakh (FY 2018) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Technicia Finechem (India) Private Limited | ₹4.16 Lakh (FY 2020) | •••• | •••• | 44.0% | •••• | Mumbai, Maharashtra, India |
| Raza Petrochemicals Industries (OPC) Private Limited | ₹4.01 Lakh (FY 2022) | •••• | •••• | •••• | Agra, Uttar Pradesh, India | |
| Cals Refineries Limited this company | ₹4 Lakh (FY 2017) | •••• | •••• | -87.0% | •••• | New Delhi, Delhi, India |
| Drsumoz Labs Private Limited | ₹3.87 Lakh (FY 2024) | •••• | •••• | 154.0% | •••• | Jalgaon, Maharashtra, India |
| Koppal Oils and Refineries Limited | ₹3.79 Lakh (FY 2024) | •••• | •••• | -18.0% | •••• | Karnataka, India |
| Shree Saraiwwalaa Agrr Refineries Limited | ₹3.78 Lakh (FY 2022) | •••• | •••• | -94.0% | •••• | Hyderabad, Telangana, India |
| Jhoola Refineries Limited | ₹3.73 Lakh (FY 2024) | •••• | •••• | -44.0% | •••• | Varanasi, Uttar Pradesh, India |
| NJD Cosmetics Private Limited | ₹3.71 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Cals Refineries by revenue in the Chemicals industry (Petrochemicals, Refineries), 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 Cals Refineries Limited
Cals Refineries Limited is audited by Vatss & Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vatss & Associates | 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 and KMP of Cals Refineries Limited
Cals Refineries Limited currently reports 0 directors and 2 key managerial personnel. 22 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raman Kumar Mallick Also directs: Fintran Consultancy LLP | Cfo | 06 Nov 2015 | 10 Years 11 Months | As last reported |
| Suvindra Kumar Also directs: Forecore Professionals Private Limited | Company Secretary | 26 Sep 2012 | 14 Years 0 Months | As last reported |
Ownership and Shareholding of Cals Refineries 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 Cals Refineries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Mar 1997 | Bank of India | ₹6.25 Cr | Satisfied |
| 17 Nov 1994 | Small Industries Development Bank of India | ₹1.2 Cr | Satisfied |
| 09 Feb 1994 | Bank of India | ₹4.1 Cr | Satisfied |
| 25 Jul 1990 | Bank of India | ₹40 Lakh | Satisfied |
| 25 Jan 1990 | Bank of India | ₹40 Lakh | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of Cals Refineries Limited
Cals Refineries Limited has 28 deals on record (27 market trades, 1 secondary share transfer); the latest was in March 2014.
Deals on record (5 of 28)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2011 | Market trade | ₹1.87 Cr | Seller: JMP Securities Private Limited |
| Aug 2011 | Market trade | ₹1.81 Cr | Buyer: JMP Securities Private Limited |
| Aug 2011 | Market trade | ₹3.72 Cr | Buyer: JMP Securities Private Limited Seller: JMP Securities Private Limited |
| Jul 2011 | Market trade | ₹3.1 Cr | Seller: JMP Securities Private Limited |
| Jul 2011 | Market trade | ₹5.45 Cr | Buyer: JMP Securities Private Limited Seller: JMP Securities Private Limited |
Full deal history
All 28 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Cals Refineries Limited
Cals Refineries Limited has 24 court cases on record: 7 filed by Cals Refineries, 16 filed against it, 1 where it is another party. 1 case is pending and 23 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 6 | 0 |
| District courts | 11 | 8 | 1 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, New Delhi, Delhi | Court case (M) | Filed against the company by an individual | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
| District court, South West, Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Faridabad, Haryana | Court case (SUCC) | Company is another party | Disposed |
Full case history
All 24 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 Cals Refineries Limited
Cals Refineries Limited has a workforce of 3 employees as of Oct 15, 2025.
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.
News related to Cals Refineries Limited
Recent Activity on Cals Refineries Limited
Cals Refineries Limited has 46 board changes on record since 1984: 24 appointments and 22 cessations. The latest: Gagan Singhal ceased to be Managing Director on 04 Jul 2018.
58 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Cals Refineries 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 Cals Refineries 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 Cals Refineries 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 Cals Refineries Limited
Cals Refineries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Cals Refineries 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 Cals Refineries Limited
Cals Refineries is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Cals Refineries is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in oil and gas exploration and production, within the energy and power industry. It was incorporated on 25 July 1984 and is registered under CIN L51909DL1984PLC018775. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Cals Refineries reported revenue of ₹4 Lakh for FY 2017 (down 87% YoY).
Cals Refineries has 2 current directors and KMP:
- Raman Kumar Mallick - Cfo
- Suvindra Kumar - Company Secretary
Cals Refineries reported a net loss of ₹1.84 Cr and EBITDA of -₹1.83 Cr for FY 2017, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cals Refineries is -53% over three years. In the latest year (FY 2017) revenue fell 87%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Cals Refineries is L51909DL1984PLC018775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Cals Refineries is a listed company.
Cals Refineries has no open charges and satisfied charges of ₹12.81 Cr as per latest MCA filings.
Cals Refineries has 24 court cases on record: 7 filed by the company and 16 filed against it. 1 is pending. Most are in the high courts.
Cals Refineries was incorporated on 25 July 1984. It is registered with the Registrar of Companies, Delhi.