
About Gandhar Coals & Mines Private Limited
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Gandhar Coals & Mines Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 31 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U59120MH2018PTC313332. Its GSTIN is 27AAHCG4402G1ZV (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.08 Cr. It is led by directors Saurabh Ramesh Parekh (Whole-Time Director) and Kunal Kailash Parekh (Whole-Time Director).
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 Dlh Park 18th Floor S.V. Road Near Mtnl Goregaon (West), Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,966.62 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹199.11 Cr (net margin 10.1%) and EBITDA of ₹300.93 Cr (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 54% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Gandhar Oil. As per MCA filings, the company has open charges of ₹890.39 Cr and satisfied charges of ₹2.69 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 6 cases are pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in July 2019. Its 5 peer companies in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trade, except of motor vehicles and motorcycles) are compared by revenue, 4 larger and 1 smaller; the largest is Saraogi Udyog Private Limited with revenue of ₹2,604.55 Cr.
For more details, the company can be reached via its website gandharoil.com.
Company details
CIN history
Gandhar Coals & Mines has one previous CIN (Corporate Identification Number): U51909MH2018PTC313332. The current CIN is U59120MH2018PTC313332, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U59120MH2018PTC313332 | Current |
| U51909MH2018PTC313332 | Previous |
Contact details
Gandhar Coals & Mines Private Limited's registered office is in Mumbai, Maharashtra. Its website is gandharoil.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDlh Park 18th Floor S.V. Road Near Mtnl Goregaon (West), Mumbai, Maharashtra, India – 400062
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Gandhar Coals & Mines 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
Brands
Gandhar Coals & Mines operates one associated brand: Gandhar Oil. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| White oils are manufactured for pharmaceuticals, healthcare, and insulation uses. | gandharoil.com |
Business activity
The main business activity of Gandhar Coals & Mines is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Gandhar Coals & Mines Private Limited, buy the company report.
Financials of Gandhar Coals & Mines Private Limited
FY 2025 filings availableGandhar Coals & Mines Private Limited reported revenue of ₹1,966.62 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 24% growth in the latest year. EBITDA rose 6% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,966.62 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹300.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹199.11 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | ||||
| Net Profit Margin | 10.1% | ||||
| 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 Gandhar Coals & Mines Private Limited, buy the company report.
Board of directors of Gandhar Coals & Mines Private Limited
Gandhar Coals & Mines has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Ramesh Parekh | Whole-Time Director | 31 Aug 2018 | 8 Years 2 Months | Current |
| Kunal Kailash Parekh | Whole-Time Director | 31 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Gandhar Coals & Mines Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saraogi Udyog Private Limited | ₹2,604.55 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Refex Industries Limited | ₹2,518.02 Cr (FY 2025) | 80.0% | Chennai, Tamil Nadu, India | |||
| A.T. Trade Overseas Private Limited | ₹2,490.98 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Indo German International Private Limited | ₹2,262.02 Cr (FY 2025) | -25.0% | New Delhi, Delhi, India | |||
| Gandhar Coals & Mines Private Limitedthis company | ₹1,966.62 Cr (FY 2025) | ₹199.11 Cr | 10.1% | 24.0% | 55 | Mumbai, Maharashtra, India |
| Godavari Commodities Ltd | ₹1,830.34 Cr (FY 2024) | -12.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Gandhar Coals & Mines Private Limited, buy the company report.
Auditor
Gandhar Coals & Mines Private Limited is audited by Kailash Chand Jain & Co for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kailash Chand Jain & Co | FY 2025 | 112318W |
Shareholding
The shareholding of Gandhar Coals & Mines Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gandhar Coals & Mines Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2025 | 101097314 | Others | ₹50 Cr | Open | |
| 25 Oct 2024 | 101004062 | Others | ₹80 Cr | Open | |
| 30 Nov 2023 | 100879361 | Others | ₹2.39 Cr | Open | |
| 10 Oct 2023 | 100807637 | Others | ₹48 Cr | Open | |
| 25 May 2023 | 100733146 | Others | ₹175 Cr | Open |
To see the full charge records of Gandhar Coals & Mines Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Gandhar Coals & Mines Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in July 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Rights issue | ₹1 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gandhar Coals & Mines Private Limited has 10 court cases on record: 7 filed by Gandhar Coals & Mines, 3 filed against it. 6 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 4 |
| High courts | 4 | 3 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against K G Denim Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed by the company against K. G. Denim Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against K G Denim Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against K G Denim Limited | Disposed |
| Bombay High Court | Commercial suit | Filed against the company | Pending |
To see the full case history of Gandhar Coals & Mines 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gandhar Coals & Mines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gandhar Coals & Mines Private Limited has a workforce of 55 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 55 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Gandhar Coals & Mines Private Limited, buy the company report.
GST
Gandhar Coals & Mines has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG4402G1ZV | Maharashtra | Active | 16 Oct 2018 |
| 27AAHCG4402G2ZU | Maharashtra | Active | 29 Mar 2022 |
| 37AAHCG4402G1ZU | Andhra Pradesh | Active | 29 Oct 2018 |
| 24AAHCG4402G1Z1 | Gujarat | Active | 06 Nov 2018 |
To see the full GST registrations and return filing status of Gandhar Coals & Mines Private Limited, buy the company report.
Recent activity
Gandhar Coals & Mines Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Kunal Kailash Parekh ceased to be Director on 01 Apr 2022.
8 earlier events are in the company report.
News
Frequently asked questions
Gandhar Coals & Mines is an active private limited company based in Mumbai, Maharashtra, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 31 August 2018 (8+ years old) and is registered under CIN U59120MH2018PTC313332.
Gandhar Coals & Mines has 2 current directors:
- Saurabh Ramesh Parekh - Whole-Time Director
- Kunal Kailash Parekh - Whole-Time Director
The latest financial statements of Gandhar Coals & Mines 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 FY 2019 are in the company report.
The GSTIN of Gandhar Coals & Mines is 27AAHCG4402G1ZV, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAHCG4402G2ZU (Maharashtra), 37AAHCG4402G1ZU (Andhra Pradesh), 24AAHCG4402G1Z1 (Gujarat).
The CIN (Corporate Identification Number) of Gandhar Coals & Mines is U59120MH2018PTC313332. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gandhar Coals & Mines has 10 court cases on record: 7 filed by the company and 3 filed against it. 6 are pending. Most are in the district courts.
Gandhar Coals & Mines was incorporated on 31 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Gandhar Coals & Mines has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in July 2019.
The peers of Gandhar Coals & Mines by revenue are Saraogi Udyog Private Limited, Refex Industries Limited, A.T. Trade Overseas Private Limited, Indo German International Private Limited, Godavari Commodities Ltd, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trade, except of motor vehicles and motorcycles).
Kunal Kailash Parekh ceased to be Director on 01 Apr 2022. Saurabh Ramesh Parekh ceased to be Director on 01 Apr 2022. Ramesh Babulal Parekh ceased to be Director on 23 Jan 2020. Gandhar Coals & Mines has 5 board changes on record in total.
Gandhar Coals & Mines can be reached through the website gandharoil.com. Its registered office is in Mumbai, Maharashtra, India.

