
About Central U.P. Gas Limited
Data last updated:
Central U.P. Gas Limited is a public limited company based in Kanpur, Uttar Pradesh, India. It operates in the oil and gas distribution and transmission segment of the energy and power sector. It was incorporated on 25 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U40200UP2005PLC029538. Its GSTIN is 09AACCC5883A1ZR (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹60 Cr. It is led by directors including Rajib Lochan Pal (Managing Director) and Rajwinder Singh Panesar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 1/4 Lakhanpur Upsidcomplex, Kanpur, Uttar Pradesh, India – 208024.
As per the financials filed for FY 2024, the company reported a revenue of ₹703.76 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹71.86 Cr (net margin 10.2%) and EBITDA of ₹127.79 Cr (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 16% over five years.
The company is associated with 1 brand: CUGL. As per MCA filings, the company has open charges of ₹9 Lakh and satisfied charges of ₹65 Cr on record. Court records list 42 cases involving the company, including 30 filed by the company and 12 filed against it; 25 cases are pending. The company has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹59.95 Cr; the latest was in June 2013. Its 8 peer companies in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels) are compared by revenue, 5 larger and 3 smaller; the largest is Haryana City Gas Distribution Limited with revenue of ₹824.78 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 cugl.co.in.
Company details
Contact details
Central U.P. Gas Limited's registered office is in Kanpur, Uttar Pradesh. Its website is cugl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 1/4 Lakhanpur Upsidcomplex, Kanpur, Uttar Pradesh, India – 208024
- IndustryEnergy and Power, Oil & Gas Distribution & Transmission
To see the full contact details of Central U.P. Gas 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
Central U.P. Gas operates one associated brand: CUGL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gas distribution operations are conducted in Kanpur, India. | cugl.co.in |
Business activity
The main business activity of Central U.P. Gas is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Central U.P. Gas Limited, buy the company report.
Financials of Central U.P. Gas Limited
FY 2025 filings availableCentral U.P. Gas Limited reported revenue of ₹703.76 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 10% 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 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 | ₹127.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹71.86 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.2% | ||||
| Net Profit Margin | 10.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Central U.P. Gas Limited, buy the company report.
Board of directors of Central U.P. Gas Limited
Central U.P. Gas has 9 current directors and 63 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhudev Singh | Director | 09 Aug 2023 | 3 Years 2 Months | Current |
| Praveer Agrawal | Director | 01 Nov 2023 | 2 Years 11 Months | Current |
| Sanjeev Kumar Bhatia Also directs: Igl Genesis Technologies Limited | Director | 30 Jul 2024 | 2 Years 3 Months | Current |
| Rajib Lochan Pal | Managing Director | 16 Apr 2024 | 2 Years 6 Months | Current |
| Rajeev Kumar | Director | 18 Aug 2022 | 4 Years 2 Months | Current |
| Mohit Bhatia Also directs: Indraprastha Gas Limited, Maharashtra Natural Gas Limited | Director | 08 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Central U.P. Gas Limited is compared with the 8 companies closest to it by revenue in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Haryana City Gas Distribution Limited | ₹824.78 Cr (FY 2024) | 10.0% | New Delhi, Delhi, India | |||
| Aavantika Gas Limited | ₹818.25 Cr (FY 2025) | 13.0% | Indore, Madhya Pradesh, India | |||
| Konkan LNG Limited | ₹801.9 Cr (FY 2025) | 88.0% | New Delhi, Delhi, India | |||
| Assam Gas Company Ltd | ₹791.57 Cr (FY 2024) | -3.0% | Dibrugarh, Assam, India | |||
| Bhagyanagar Gas Limited | ₹719.45 Cr (FY 2025) | 38.0% | Hyderabad, Telangana, India | |||
| Central U.P. Gas Limitedthis company | ₹703.76 Cr (FY 2024) | ₹71.86 Cr | 10.2% | -7.0% | Kanpur, Uttar Pradesh, India | |
| Vadodara Gas Limited | ₹583.99 Cr (FY 2025) | 18.0% | Vadodara, Gujarat, India | |||
| Torrent Gas Jaipur Private Limited | ₹576.13 Cr (FY 2025) | 48.0% | Ahmedabad, Gujarat, India | |||
| Torrent Gas Chennai Private Limited | ₹431.93 Cr (FY 2025) | 96.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Central U.P. Gas Limited, buy the company report.
Auditor
Central U.P. Gas Limited is audited by P.L. Tandon & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.L. Tandon & Co. | FY 2023 | 000186C |
Shareholding
The shareholding of Central U.P. Gas 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Central U.P. Gas Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jul 2025 | 101128707 | Others | ₹9 Lakh | Open | |
| 11 Aug 2006 | 10016362 | State Bank of Patiala | ₹65 Cr | Satisfied |
To see the full charge records of Central U.P. Gas Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Central U.P. Gas Limited has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹59.95 Cr; the latest was in June 2013.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2013 | Acquisition | ₹69.17 Cr | Buyer: Indraprastha Gas Limited Seller: Asian Development Bank, IL&FS Investment Managers, Investcorp |
| May 2010 | Funding round | ₹3 Cr | Investors: Gail (India) Limited , Bharat Petroleum Corporation Limited |
| Dec 2006 | Funding round | ₹56.95 Cr | Investors: Bharat Petroleum Corporation Limited , Gail (India) Limited , Asian Development Bank |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Central U.P. Gas Limited has 42 court cases on record: 30 filed by Central U.P. Gas, 12 filed against it. 25 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 5 | 20 |
| District courts | 7 | 5 | 5 |
| Supreme Court | 4 | 2 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Writ petition | Filed by the company against M/S Sigma Staffing Solutions Private Limited and 4 others | Pending |
| Supreme Court | Court case (-Appeal Against Orders Of Statutory Bodies) | Filed by the company against Hindustan Petroleum Corporation Limited Through Its Executive Director Regd Add: 4Th Floor, Gas and Renewables Dept. WZ CGM, Richardson ,Mumbai , Maharashtra and 1 other | Disposed |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed by the company against Hindustan Petroleum Corporation Limited Through Its Executive Director Through Its Executive Director 4Th Floor Gas Renewables Dept WZ CGM Richardson Cruddas Building Sir JJ Road Byculla Mumbai 400008 Maharashtra , District: Mumbai ,Mumbai , Maharashtra and 1 other | Disposed |
| District court, Kanpur Nagar, Uttar Pradesh | Civil suit | Filed against the company by an individual | Pending |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against Regional Labour Commissioner (Central) Kanpur Nagar Authority Under the Minimum Wages Act, 1948 and and 4 others | Pending |
To see the full case history of Central U.P. Gas 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.
Credit ratings & regulatory alerts
Central U.P. Gas Limited was last rated by Care on 07 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Mar 2022 |
To see the full credit ratings and regulatory alerts of Central U.P. Gas Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Central U.P. Gas Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Central U.P. Gas has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCC5883A1ZR | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Central U.P. Gas Limited, buy the company report.
Recent activity
Central U.P. Gas Limited has 69 board changes on record since 2007: 9 appointments and 60 cessations. The latest: Geetha Ramakrishnan was appointed as Additional Director on 26 Sep 2025.
63 earlier events are in the company report.
Frequently asked questions
Central U.P. Gas is an active public limited company based in Kanpur, Uttar Pradesh, India. The company works in oil and gas distribution and transmission, within the energy and power industry. It was incorporated on 25 February 2005 (21+ years old) and is registered under CIN U40200UP2005PLC029538.
Central U.P. Gas has 9 current directors:
- Rajib Lochan Pal - Managing Director
- Rajwinder Singh Panesar - Whole-Time Director
- Bhudev Singh - Director
- Praveer Agrawal - Director
- Sanjeev Kumar Bhatia - Director
- Rajeev Kumar - Director
- Mohit Bhatia - Director
- Sunil Kumar Agrawal - Director
- Geetha Ramakrishnan - Additional Director
The latest financial statements of Central U.P. Gas on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Central U.P. Gas is 09AACCC5883A1ZR, registered in Uttar Pradesh. 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 Central U.P. Gas is U40200UP2005PLC029538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Central U.P. Gas has 42 court cases on record: 30 filed by the company and 12 filed against it. 25 are pending. Most are in the high courts.
Central U.P. Gas was incorporated on 25 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kanpur.
Central U.P. Gas has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹59.95 Cr; the latest was in June 2013.
The peers of Central U.P. Gas by revenue are Haryana City Gas Distribution Limited, Aavantika Gas Limited, Konkan LNG Limited, Assam Gas Company Ltd, Bhagyanagar Gas Limited and 3 more, all in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels).
Geetha Ramakrishnan was appointed as Additional Director on 26 Sep 2025. Mohit Bhatia ceased to be Additional Director on 03 Sep 2025. Mohit Bhatia was appointed as Director on 08 May 2025. Central U.P. Gas has 69 board changes on record in total.
Central U.P. Gas can be reached through the website cugl.co.in. Its registered office is in Kanpur, Uttar Pradesh, India.

