About Gulfmasters Private Limited
Data last updated:
Gulfmasters Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 20 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24200MH2020PTC336270. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jugnu Suresh Agrawal and Neha Saraogi.
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 H No. 150/A/102 Agrawal Building Ravi Nagar Chowk, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.98 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹21.79 Lakh (net margin -7.3%) and EBITDA of -₹16.22 Lakh (EBITDA margin -5.4%).
For more details, the company can be reached via its website gulfmasters.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressH No. 150/A/102 Agrawal Building Ravi Nagar Chowk, Nagpur, Maharashtra, India – 440010
- 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 Gulfmasters Private Limited
The main business activity of Gulfmasters is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale 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 Gulfmasters Private Limited FY 2023 filings available
Gulfmasters Private Limited reported revenue of ₹2.98 Cr (down 82% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Gulfmasters Private Limited
Revenue fell 82% in the latest year. EBITDA fell 164% 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 Gulfmasters Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2.98 Cr | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹16.22 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹21.79 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 Gulfmasters Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -5.4% | •••• | •••• | •••• |
| Net Profit Margin | -7.3% | •••• | •••• | •••• |
| 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 Gulfmasters are in the company report.
Financial statements from FY 2020
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 Gulfmasters Private Limited
Gulfmasters 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 |
|---|---|---|---|---|---|---|
| Tanishka Developers Private Limited | ₹3 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Delhi, India |
| Patcorn Drymix Private Limited | ₹3 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Raipur, Chhattisgarh, India |
| H K Enzymes and Biochemicals Private Limited | ₹3 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Appetite Herbal India Private Limited | ₹2.99 Cr (FY 2025) | •••• | •••• | 112.0% | •••• | Delhi, India |
| Delta Plus Lubricants and Chemicals Private Limited | ₹2.99 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Gulfmasters Private Limited this company | ₹2.98 Cr (FY 2023) | •••• | •••• | -82.0% | •••• | Nagpur, Maharashtra, India |
| Parabolic Lifesciences Private Limited | ₹2.98 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Modinagar, Uttar Pradesh, India |
| Paint Shades Private Limited | ₹2.97 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Cherthala, Kerala, India |
| Metaoxide Private Limited | ₹2.97 Cr (FY 2017) | •••• | •••• | 159.0% | •••• | Mumbai, Maharashtra, India |
| P I Printers Intimate Pvt Ltd | ₹2.96 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Kolkata, West Bengal, India |
| Adarsh Equipments and Projects Private Limited | ₹2.96 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Kota, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Gulfmasters 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 Gulfmasters Private Limited
Gulfmasters Private Limited is audited by GANERIWALA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GANERIWALA & 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 Gulfmasters Private Limited
Gulfmasters has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jugnu Suresh Agrawal Also directs: Maha Petrochem Private Limited | Director | 20 Jan 2020 | 6 Years 8 Months | Current |
| Neha Saraogi Also directs: SDR Carbon Industries LLP, Nexttrend Power Circuit LLP, Buildnation Infra Private Limited and 2 more | Director | 24 Sep 2020 | 6 Years 0 Months | Current |
Ownership and Shareholding of Gulfmasters 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 Gulfmasters Private Limited
Gulfmasters Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Gulfmasters Private Limited
Employment history and EPFO contributions of people linked to Gulfmasters.
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 Gulfmasters Private Limited
Gulfmasters Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Nitin Saraogi Arun ceased to be Director on 24 Jun 2021.
Credit Ratings, Litigation & Regulatory Alerts for Gulfmasters 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 Gulfmasters 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 Gulfmasters 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 Gulfmasters Private Limited
Gulfmasters has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Gulfmasters 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 Gulfmasters Private Limited
Gulfmasters is an active private limited company based in Nagpur, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 20 January 2020 (6+ years old) and is registered under CIN U24200MH2020PTC336270.
Gulfmasters reported revenue of ₹2.98 Cr for FY 2023 (down 82% YoY).
Gulfmasters has 2 current directors:
- Jugnu Suresh Agrawal - Director
- Neha Saraogi - Director
Gulfmasters reported a net loss of ₹21.79 Lakh (net margin -7.3%) and EBITDA of -₹16.22 Lakh (EBITDA margin -5.4%) for FY 2023, as per its filed financial statements.
No. Gulfmasters has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Gulfmasters is U24200MH2020PTC336270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gulfmasters was incorporated on 20 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gulfmasters by revenue are Tanishka Developers Private Limited, Patcorn Drymix Private Limited, H K Enzymes and Biochemicals Private Limited, Appetite Herbal India Private Limited, Delta Plus Lubricants and Chemicals Private Limited and 5 more, all in the Chemicals industry (Chemical Retail and Distribution).
Nitin Saraogi Arun ceased to be Director on 24 Jun 2021. Neha Saraogi was appointed as Director on 24 Sep 2020. Jugnu Suresh Agrawal was appointed as Director on 20 Jan 2020. Gulfmasters has 4 board changes on record in total.
Gulfmasters can be reached through the website gulfmasters.in. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Gulfmasters is at H No. 150A102 Agrawal Building Ravi Nagar Chowk, Nagpur, Maharashtra, India – 440010.