Dharma Lubes Private Limited

Dharma Lubes Private Limited - chemicals and materials in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U23200GJ1988PTC010406 Incorporated 01 March 1988 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company chemicals and materials
Data last updated
Revenue · FY 2026
₹27.45 Lakh
▼ 2% YoY
Net profit · FY 2026
₹16.4 Lakh
Net margin 59.7%
EBITDA · FY 2026
₹16.4 Lakh
EBITDA margin 59.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.58 Lakh
Issued & subscribed
Satisfied charges
₹90 Lakh
No open charges
Company age
38 yrs
Est. 1988
Employees · EPFO
13
Provident fund records

About Dharma Lubes Private Limited

Data last updated:

Dharma Lubes Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 01 March 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U23200GJ1988PTC010406. Its GSTIN is 24AACCD5710F1Z6 (Gujarat).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.58 Lakh. It is led by directors Jayeshkumar Dharamchand Shah and Priti Vipulkumar Shah.

Its last annual general meeting (AGM) was held on 30 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 6 – 7 Rajhans Complex Sub – Jail Road Ring Road, Surat, Gujarat, India – 395002.

As per the financials filed for FY 2026, the company reported a revenue of ₹27.45 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹16.4 Lakh (net margin 59.7%) and EBITDA of ₹16.4 Lakh (EBITDA margin 59.7%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 57% over five years.

The company has about 13 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹90 Lakh on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U23200GJ1988PTC010406
Registration Number 010406
Incorporation Date 01 March 1988
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Contact details

Dharma Lubes Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    6 – 7 Rajhans Complex Sub – Jail Road Ring Road, Surat, Gujarat, India – 395002
  • Industry
    Chemicals and Materials, Petrochemicals & Derivatives

To see the full contact details of Dharma Lubes Private Limited, buy the company report.

Comprehensive company report
Dharma Lubes Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Dharma Lubes is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Dharma Lubes Private Limited, buy the company report.

Financials of Dharma Lubes Private Limited

FY 2026 filings available

Dharma Lubes Private Limited reported revenue of ₹27.45 Lakh (down 2% YoY) for FY 2026.

Revenue · FY 2026
₹27.45 Lakh ▼ 2%
Net profit · FY 2026
₹16.4 Lakh margin 59.7%
EBITDA · FY 2026
₹16.4 Lakh margin 59.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 68%
5 years · compounded
▼ 57%
EBITDA CAGR growth
1 year
▲ 21%
5 years · compounded
▼ 20%

Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 2% fall in the latest year. EBITDA rose 21% 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹27.45 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹16.4 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹16.4 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin59.7%
Net Profit Margin59.7%
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 Dharma Lubes Private Limited, buy the company report.

Board of directors of Dharma Lubes Private Limited

Dharma Lubes has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jayeshkumar Dharamchand ShahDirector01 Mar 198838 Years 8 MonthsCurrent
Priti Vipulkumar ShahDirector29 Dec 20223 Years 10 MonthsCurrent

Peer comparison

Dharma Lubes Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Petrochemicals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jindal Petroleum Private Limited₹29.38 Lakh (FY 2025)-100.0%New Delhi, Delhi, India
Vincot Chemicals Private Limited₹29.08 Lakh (FY 2025)23.0%Udaipur, Rajasthan, India
Marcopolo Manufacturers (OPC) Private Limited₹27.6 Lakh (FY 2023)11038144.0%Thane, Maharashtra, India
Dharma Lubes Private Limitedthis company₹27.45 Lakh (FY 2026)₹16.4 Lakh59.7%-2.0%13Surat, Gujarat, India

To see the full peer comparison of Dharma Lubes Private Limited, buy the company report.

Auditor

Dharma Lubes Private Limited is audited by JAIN RAJESH & CO. for the financial year 2026.

Auditor firmFinancial yearFirm registration number
JAIN RAJESH & CO.FY 2026103963W

Shareholding

The shareholding of Dharma Lubes Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Dharma Lubes Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹90 Lakh
Breakdown by lending institutions
Others₹0.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Jan 200810087645Others₹90 LakhSatisfied

To see the full charge records of Dharma Lubes Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Dharma Lubes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Dharma Lubes Private Limited has a workforce of 13 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
13
Active EPFO establishments
1
Employee growth
-31.58%

GST

Dharma Lubes has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCD5710F1Z6GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Dharma Lubes Private Limited, buy the company report.

Recent activity

Dharma Lubes Private Limited has 6 board changes on record since 1988: 2 appointments and 4 cessations. The latest: Jayantilal Swarupchand Shah ceased to be Director on 07 Jan 2023.

AGM
Dharma Lubes Private Limited last Annual general meeting of members was held on 30 Sep 2026 as per latest MCA records.
Filing
Dharma Lubes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge registered on 09 Jan 2008 via Charge ID 10087645 with Others was fully satisfied on 01 Jun 2023.
Ceased
Jayantilal Swarupchand Shah ceased to be Director.
Appointed
Priti Vipulkumar Shah was appointed as Director.
Ceased
Priti Vipulkumar Shah ceased to be Director.
Ceased
Rekhaben Jayeshkumar Shah ceased to be Director.
Ceased
Vipulkumar Dharamchand Shah ceased to be Director.
Charges
A charge with Others of Rs. 90.00 Lakh registered on 09 Jan 2008 with Charge ID 10087645 was modified on 13 Nov 2017.
Charges
A charge with Others amounted to Rs. 90.00 Lakh with Charge ID 10087645 was registered on 09 Jan 2008.
Appointed
Jayeshkumar Dharamchand Shah was appointed as Director.
Incorporation
01 Mar 1988
Dharma Lubes Private Limited was registered on 01 Mar 1988 with Roc Ahmedabad & aged 38 years 8 months as per MCA records.

Frequently asked questions

Dharma Lubes is an active private limited company based in Surat, Gujarat, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 01 March 1988 (38+ years old) and is registered under CIN U23200GJ1988PTC010406.

Dharma Lubes has 2 current directors:

The latest financial statements of Dharma Lubes on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Dharma Lubes is 24AACCD5710F1Z6, registered in Gujarat.

The CIN (Corporate Identification Number) of Dharma Lubes is U23200GJ1988PTC010406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Dharma Lubes has 13 court cases on record: 9 filed by the company and 4 filed against it. Most are in the district courts.

Dharma Lubes was incorporated on 01 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Dharma Lubes by revenue are Jindal Petroleum Private Limited, Vincot Chemicals Private Limited, Marcopolo Manufacturers (OPC) Private Limited, all in the Chemicals industry (Petrochemicals), with the same principal business activity (wholesale trading).

Jayantilal Swarupchand Shah ceased to be Director on 07 Jan 2023. Priti Vipulkumar Shah was appointed as Director on 29 Dec 2022. Priti Vipulkumar Shah ceased to be Director on 01 Jan 2019. Dharma Lubes has 6 board changes on record in total.

The registered office of Dharma Lubes is at 6 – 7 Rajhans Complex Sub – Jail Road Ring Road, Surat, Gujarat, India – 395002.

Dharma Lubes operates in the chemicals and materials industry, in the petrochemicals and derivatives segment.