Goyal Fuels Private Limited
About Goyal Fuels Private Limited
Data last updated:
Goyal Fuels Private Limited is a private limited company based in Raigarh, Chhattisgarh, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 24 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U51102CT2004PTC016873. Its GSTIN is 22AACCG2502L1Z2 (Chhattisgarh).
The company has an authorised share capital of ₹14 Lakh and a paid-up capital of ₹10.36 Lakh. It is led by directors Ashish Kumar Goyal and Kamal Dewangan.
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 Dhimrapur Road Near Hero Honda Showroom., Raigarh, Chhattisgarh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.87 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹31.88 Lakh (net margin 0.9%) and EBITDA of ₹47.17 Lakh (EBITDA margin 1.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹2.97 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressDhimrapur Road Near Hero Honda Showroom., Raigarh, Chhattisgarh, India
- IndustryChemicals and Materials, Chemical Distribution & Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Goyal Fuels Private Limited
The main business activity of Goyal Fuels is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Goyal Fuels Private Limited FY 2025 filings available
Goyal Fuels Private Limited reported revenue of ₹34.87 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Goyal Fuels Private Limited
Revenue rose 17% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 35% 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 of Goyal Fuels Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹47.17 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.88 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 of Goyal Fuels Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Goyal Fuels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Goyal Fuels Private Limited
Goyal Fuels Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| D-Poly Private Limited | ₹35.08 Cr (FY 2025) | •••• | •••• | 102.0% | •••• | Thane, Maharashtra, India |
| Amrit Traders Private Limited | ₹35.07 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Delhi, India |
| Avees Biocos Private Limited | ₹34.98 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Fex Multichem Private Limited | ₹34.91 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Mumbai, Maharashtra, India |
| Indchem Distributors Private Limited | ₹34.91 Cr (FY 2016) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
| Goyal Fuels Private Limited this company | ₹34.87 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Raigarh, Chhattisgarh, India |
| Grover Devcon Private Limited | ₹34.83 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Lucknow, Uttar Pradesh, India |
| Maniranjan Marketing Private Limited | ₹34.79 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Coimbatore, Tamil Nadu, India |
| Fueldex Energy & Downstream Trading Private Limited | ₹34.78 Cr (FY 2021) | •••• | •••• | 46.0% | •••• | Mumbai, Maharashtra, India |
| P.K.Chlorochem Private Limited | ₹34.77 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Vadodara, Gujarat, India |
| Win Hide Private Limited | ₹34.68 Cr (FY 2019) | •••• | •••• | 5.0% | •••• | Walajapet, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Goyal Fuels by revenue in the Chemicals industry (Chemical Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Goyal Fuels Private Limited
Goyal Fuels Private Limited is audited by VIMAL AGRAWAL & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIMAL AGRAWAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Goyal Fuels Private Limited
Goyal Fuels 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 |
|---|---|---|---|---|
| Ashish Kumar Goyal Also directs: Shubh Minerals Private Limited, Goyal Motocorp Private Limited, Ozone Buildcon Private Limited and 3 more | Director | 24 Aug 2004 | 22 Years 1 Months | Current |
| Kamal Dewangan Also directs: Ozone Buildcon Private Limited | Director | 14 Aug 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Goyal Fuels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Goyal Fuels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2017 | State Bank of India | ₹70 Lakh | Open |
| 29 Mar 2006 | State Bank of India | ₹1.01 Cr | Open |
| 21 Feb 2005 | State Bank of India | ₹63 Lakh | Open |
| 21 Feb 2005 | State Bank of India | ₹63 Lakh | Open |
Total charge records: 4 View all charges
Legal Cases of Goyal Fuels Private Limited
Goyal Fuels Private Limited has 3 court cases on record: 3 filed by Goyal Fuels. 1 case is pending and 2 are disposed. Status as checked between 30 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Chhattisgarh | Arbitration matter | Filed by the company against Reliance Industries Limited | Pending |
| District court, Raipur, Chhattisgarh | Arbitration matter | Filed by the company against Reliance Industries Limited | Disposed |
| High Court of Chhattisgarh | Arbitration matter | Filed by the company against Relience Industries Ltd | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Goyal Fuels Private Limited
Employment history and EPFO contributions of people linked to Goyal Fuels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Goyal Fuels Private Limited
Goyal Fuels Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Kamal Dewangan was appointed as Director on 14 Aug 2025.
Credit Ratings, Litigation & Regulatory Alerts for Goyal Fuels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Goyal Fuels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Goyal Fuels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Goyal Fuels Private Limited
Goyal Fuels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AACCG2502L1Z2 | Chhattisgarh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Goyal Fuels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Goyal Fuels Private Limited
Goyal Fuels is an active private limited company based in Raigarh, Chhattisgarh, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 24 August 2004 (22+ years old) and is registered under CIN U51102CT2004PTC016873.
Goyal Fuels reported revenue of ₹34.87 Cr for FY 2025 (up 17% YoY).
Goyal Fuels has 2 current directors:
- Ashish Kumar Goyal - Director
- Kamal Dewangan - Director
Goyal Fuels reported a net profit of ₹31.88 Lakh (net margin 0.9%) and EBITDA of ₹47.17 Lakh (EBITDA margin 1.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Goyal Fuels is 3% over three years and -6% over five years. In the latest year (FY 2025) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Goyal Fuels is 22AACCG2502L1Z2, registered in Chhattisgarh.
The CIN (Corporate Identification Number) of Goyal Fuels is U51102CT2004PTC016873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goyal Fuels has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the high courts.
Goyal Fuels was incorporated on 24 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Goyal Fuels by revenue are D-Poly Private Limited, Amrit Traders Private Limited, Avees Biocos Private Limited, Fex Multichem Private Limited, Indchem Distributors Private Limited and 5 more, all in the Chemicals industry (Chemical Retail and Distribution).
Kamal Dewangan was appointed as Director on 14 Aug 2025. Rajnish Kumar Agrawal ceased to be Director on 28 Jun 2018. Meera Goyal was appointed as Director on 27 Jun 2018. Goyal Fuels has 4 board changes on record in total.