- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0144064

About Eastern Petroleum Private Limited
Data last updated:
Eastern Petroleum Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 29 May 1964 and has been in existence for over 62 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1964PTC012931. Its GSTIN is 27AAACE2440D1Z8 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.45 Cr. It is led by directors Rajesh Madanlal Rathi and Aruna Rajesh Rathi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Corporate Park Unit No. 1 V. N. Purav Marg Behind Swastik Chambers Chembur, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2025, the company reported a revenue of ₹190.02 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹1.49 Cr (net margin -0.8%) and EBITDA of ₹4.37 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 22% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹63.96 Cr and satisfied charges of ₹38.8 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it. The company has 13 deals on record (7 secondary share transfers, 3 funding rounds, 3 rights issues), with disclosed funding of ₹1.48 Cr; the latest was in December 2022. Its 5 peer companies in the Chemicals industry (Petrochemicals, Petroleum), with the same principal business activity (coke and refined petroleum products) are compared by revenue, 3 larger and 2 smaller; the largest is Venlub Petro Products Private Limited with revenue of ₹213.47 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 47 overdue payments to 23 micro and small suppliers.
Eastern Petroleum Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0144064). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website easternpetroleum.in.
Company details
Recognitions & Rankings of Eastern Petroleum
Contact details
Eastern Petroleum Private Limited's registered office is in Mumbai, Maharashtra. Its website is easternpetroleum.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCorporate Park Unit No. 1 V. N. Purav Marg Behind Swastik Chambers Chembur, Mumbai, Maharashtra, India – 400071
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Eastern Petroleum 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 Eastern Petroleum is manufacturing. In detail, this covers coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products |
To see the full business activity and turnover split of Eastern Petroleum Private Limited, buy the company report.
Financials of Eastern Petroleum Private Limited
FY 2025 filings availableEastern Petroleum Private Limited reported revenue of ₹190.02 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 7% growth in the latest year. EBITDA fell 36% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.37 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.49 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | -0.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Eastern Petroleum Private Limited, buy the company report.
Board of directors of Eastern Petroleum Private Limited
Eastern Petroleum has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Madanlal Rathi | Director | 09 Mar 1996 | 30 Years 7 Months | Current |
| Aruna Rajesh Rathi Also directs: Sundar Realty LLP, Jay Bharat Petroleum (India) Private Limited | Director | 23 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Eastern Petroleum Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Petrochemicals, Petroleum), with the same principal business activity (coke and refined petroleum products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Venlub Petro Products Private Limited | ₹213.47 Cr (FY 2025) | 26.0% | Chennai, Tamil Nadu, India | |||
| RVS Petro Chemicals Limited | ₹209.38 Cr (FY 2025) | 67.0% | New Delhi, Delhi, India | |||
| Jagdamba Petrolium (India) Private Limited | ₹197.3 Cr (FY 2025) | 15.0% | Delhi, India | |||
| Eastern Petroleum Private Limitedthis company | ₹190.02 Cr (FY 2025) | -₹1.49 Cr | -0.8% | 7.0% | 23 | Mumbai, Maharashtra, India |
| J.M. Petrochemicals Private Limited | ₹189.17 Cr (FY 2025) | 63.0% | Mathura, Uttar Pradesh, India | |||
| Quebec Petroleum Resources Limited | ₹185.17 Cr (FY 2025) | -25.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Eastern Petroleum Private Limited, buy the company report.
Auditor
Eastern Petroleum Private Limited is audited by V C Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V C Shah & Co. | FY 2023 | 109818W |
Shareholding
The shareholding of Eastern Petroleum Private 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Eastern Petroleum Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2023 | 100766015 | Others | ₹1 Cr | Open | |
| 24 Jun 2021 | 100459719 | Standard Chartered Bank | ₹30 Cr | Open | |
| 24 Jun 2021 | 100459925 | Standard Chartered Bank | ₹3 Cr | Open | |
| 08 Jan 2021 | 100410392 | Others | ₹4.36 Cr | Open | |
| 08 Jan 2021 | 100410396 | Others | ₹25.6 Cr | Open |
To see the full charge records of Eastern Petroleum Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Eastern Petroleum Private Limited has 13 deals on record (7 secondary share transfers, 3 funding rounds, 3 rights issues), with disclosed funding of ₹1.48 Cr; the latest was in December 2022.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Madanlal H Rathi HUF |
| Nov 2019 | Rights issue | ₹99.9 Lakh | Investors: 4 individuals |
| Mar 2018 | Rights issue | ₹3.5 Cr | Investors: 4 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Eastern Petroleum Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Eastern Petroleum Private Limited has 7 court cases on record: 5 filed by Eastern Petroleum, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 2 | 0 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2406-Indirect Taxation : Goods and Services Tax, Integrated Goods and Services Tax, State Goods and Services Tax, UT Goods and Services Tax.) | Filed against the company by Union of India and 97 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against M/S Nasense Labs Pvt Ltd and 6 Others | Disposed |
| Bombay High Court | Company petition | Filed by the company against Vidya Petroleum (India) Pvt. Ltd. Cin No. U11102mh2006ptc161428 | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India and Ors and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Eastern Petroleum Private 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
Eastern Petroleum Private Limited was last rated by Crisil on 20 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Aug 2020 |
To see the full credit ratings and regulatory alerts of Eastern Petroleum Private Limited, buy the company report.
MSME payment delays
Eastern Petroleum Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 47 overdue payments to 23 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| J. K. Transport & Logistics Private Limited | |||
| an individual supplier | |||
| Shah Kanji Narshi & Co. | |||
| an individual supplier |
To see the full MSME payment records of Eastern Petroleum Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Eastern Petroleum Private Limited has a workforce of 23 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Eastern Petroleum has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE2440D1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 19AAACE2440D1Z5 | West Bengal | Active | 05 Oct 2021 |
To see the full GST registrations and return filing status of Eastern Petroleum Private Limited, buy the company report.
Recent activity
Eastern Petroleum Private Limited has 6 board changes on record since 1994: 4 appointments and 2 cessations. The latest: Aruna Rajesh Rathi was appointed as Director on 23 May 2022.
17 earlier events are in the company report.
Frequently asked questions
Eastern Petroleum is an active private limited company based in Mumbai, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 29 May 1964 (62+ years old) and is registered under CIN U24100MH1964PTC012931.
Eastern Petroleum has 2 current directors:
- Rajesh Madanlal Rathi - Director
- Aruna Rajesh Rathi - Director
The latest financial statements of Eastern Petroleum on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Eastern Petroleum is 27AAACE2440D1Z8, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAACE2440D1Z5 (West Bengal).
The CIN (Corporate Identification Number) of Eastern Petroleum is U24100MH1964PTC012931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eastern Petroleum has 7 court cases on record: 5 filed by the company and 2 filed against it. Most are in the district courts.
Eastern Petroleum was incorporated on 29 May 1964, making it 62+ years old. It is registered with the Registrar of Companies, Mumbai.
Eastern Petroleum has 13 deals on record (7 secondary share transfers, 3 funding rounds, 3 rights issues), with disclosed funding of ₹1.48 Cr; the latest was in December 2022.
The peers of Eastern Petroleum by revenue are Venlub Petro Products Private Limited, RVS Petro Chemicals Limited, Jagdamba Petrolium (India) Private Limited, J.M. Petrochemicals Private Limited, Quebec Petroleum Resources Limited, all in the Chemicals industry (Petrochemicals, Petroleum), with the same principal business activity (coke and refined petroleum products).
Aruna Rajesh Rathi was appointed as Director on 23 May 2022. Madanlal Hastimal Rathi ceased to be Director on 21 Apr 2022. Rhea Rajendra Kharche ceased to be Company Secretary on 25 Feb 2020. Eastern Petroleum has 6 board changes on record in total.
Yes, Eastern Petroleum is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0144064).
Eastern Petroleum has 13 MSME Form 1 returns on record between 2019 and 2024, listing 47 overdue payments to 23 micro and small suppliers. The latest return was filed on 25 Apr 2024.

