Dhvanish and Devang Petro Private Limited
About Dhvanish and Devang Petro Private Limited
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Dhvanish and Devang Petro Private Limited is a private limited company based in Sabarkantha, Gujarat, India. It operates in the oil and gas marketing services segment of the energy and power sector. It was incorporated on 06 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U23209GJ2003PTC042351. Its GSTIN is 24AABCD7724Q1ZA (Gujarat).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Kachrabhai Amrutbhai Patel and Dineshbhai Ramanlal Patel.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Block No.293/P Nr.Sabar Dairy At&Po Hajipur Tal.Himatnagar, Sabarkantha, Gujarat, India – 383001.
As per the financials filed for FY 2023, the company reported a revenue of ₹71.3 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹21,826 (net margin 0.3%) and EBITDA of ₹65,704 (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹22.18 Cr and satisfied charges of ₹67 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Dhvanish and Devang Petro Private Limited's registered office is in Sabarkantha, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBlock No.293/P Nr.Sabar Dairy At&Po Hajipur Tal.Himatnagar, Sabarkantha, Gujarat, India – 383001
- IndustryEnergy and Power, Oil & Gas Marketing Services
To see the full contact details of Dhvanish and Devang Petro Private 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
Business activity
The main business activity of Dhvanish and Devang Petro is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Dhvanish and Devang Petro Private Limited, buy the company report.
Financials of Dhvanish and Devang Petro Private Limited
FY 2023 filings availableDhvanish and Devang Petro Private Limited reported revenue of ₹71.3 Lakh (up 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 3% growth in the latest year. EBITDA rose 3% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹65,704 | ||||
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| Net Profit (PAT) | ₹21,826 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Dhvanish and Devang Petro Private Limited, buy the company report.
Board of directors of Dhvanish and Devang Petro Private Limited
Dhvanish and Devang Petro has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kachrabhai Amrutbhai Patel | Director | 21 Jul 2011 | 15 Years 3 Months | Current |
| Amit Kacharabhai Patel | Additional Director | 20 Jun 2023 | 3 Years 4 Months | Current |
| Dineshbhai Ramanlal Patel Also directs: Exxaro Tiles Limited, Exxaro Ceramic Limited | Director | 01 Apr 2011 | 15 Years 7 Months | Current |
Peer comparison
Dhvanish and Devang Petro Private Limited is compared with the 3 companies closest to it by revenue in the Oil and Gas industry (Oil and Gas Marketing), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhvanish and Devang Petro Private Limitedthis company | ₹71.3 Lakh (FY 2023) | ₹21,826 | 0.3% | 3.0% | Sabarkantha, Gujarat, India | |
| Shobhag International Private Limited | ₹70.04 Lakh (FY 2025) | -5.0% | Faridabad, Haryana, India | |||
| Ambika Fuels Private Limited | ₹68.59 Lakh (FY 2025) | 59.0% | Dhanbad, Jharkhand, India | |||
| Symphony Gases Private Limited | ₹57.51 Lakh (FY 2025) | -54.0% | Burdwan, West Bengal, India |
To see the full peer comparison of Dhvanish and Devang Petro Private Limited, buy the company report.
Auditor
Dhvanish and Devang Petro Private Limited is audited by K K PATEL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K PATEL & ASSOCIATES | FY 2021 | 121043W |
Shareholding
The shareholding of Dhvanish and Devang Petro Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dhvanish and Devang Petro Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2012 | 10425494 | Union Bank of India | ₹22.18 Cr | Open | |
| 01 Sep 2005 | 80006391 | Bank of India | ₹6 Lakh | Satisfied | |
| 01 Sep 2005 | 80006392 | Bank of India | ₹6 Lakh | Satisfied | |
| 01 Sep 2005 | 80006393 | Bank of India | ₹24.5 Lakh | Satisfied | |
| 01 Sep 2005 | 80006394 | Bank of India | ₹30.5 Lakh | Satisfied |
To see the full charge records of Dhvanish and Devang Petro Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Dhvanish and Devang Petro Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dhvanish and Devang Petro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dhvanish and Devang Petro has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCD7724Q1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dhvanish and Devang Petro Private Limited, buy the company report.
Recent activity
Dhvanish and Devang Petro Private Limited has 10 board changes on record since 2011: 3 appointments and 7 cessations. The latest: Amit Kacharabhai Patel was appointed as Additional Director on 20 Jun 2023.
13 earlier events are in the company report.
Frequently asked questions
Dhvanish and Devang Petro is an active private limited company based in Sabarkantha, Gujarat, India. The company works in oil and gas marketing services, within the energy and power industry. It was incorporated on 06 May 2003 (23+ years old) and is registered under CIN U23209GJ2003PTC042351.
Dhvanish and Devang Petro has 3 current directors:
- Kachrabhai Amrutbhai Patel - Director
- Amit Kacharabhai Patel - Additional Director
- Dineshbhai Ramanlal Patel - Director
The latest financial statements of Dhvanish and Devang Petro on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Dhvanish and Devang Petro is 24AABCD7724Q1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Dhvanish and Devang Petro is U23209GJ2003PTC042351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhvanish and Devang Petro was incorporated on 06 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Dhvanish and Devang Petro by revenue are Shobhag International Private Limited, Ambika Fuels Private Limited, Symphony Gases Private Limited, all in the Oil and Gas industry (Oil and Gas Marketing), with the same principal business activity (wholesale trading).
Amit Kacharabhai Patel was appointed as Additional Director on 20 Jun 2023. Dineshbhai Ramanlal Patel ceased to be Additional Director on 28 Sep 2011. Kachrabhai Amrutbhai Patel ceased to be Additional Director on 28 Sep 2011. Dhvanish and Devang Petro has 10 board changes on record in total.
The registered office of Dhvanish and Devang Petro is at Block No.293P Nr.Sabar Dairy At&Po Hajipur Tal.Himatnagar, Sabarkantha, Gujarat, India – 383001.
Dhvanish and Devang Petro operates in the energy and power industry, in the oil and gas marketing services segment.
Dhvanish and Devang Petro has open charges of ₹22.18 Cr and satisfied charges of ₹67 Lakh as per latest MCA filings.
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