About Halliburton India Operations Private Limited
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Halliburton India Operations Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Halliburton U.S International Holdings, Inc.. It operates in the oil and gas exploration and production segment of the energy and power sector. It was incorporated on 14 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U11202MH2016FTC288437. Its GSTIN is 27AAECH0313A1ZF (Maharashtra). The company holds 12 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹17.7 Lakh and a paid-up capital of ₹9.25 Lakh. It is led by directors including Nishad Sunil Patil and Jagdish Kirankumar Panchal.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹490.45 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹67.77 Cr (net margin 13.8%) and EBITDA of ₹103.56 Cr (EBITDA margin 21.1%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 55% over five years.
The company has about 184 employees on its provident fund (EPFO) records.
Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2022. Its 6 peer companies in the Oil and Gas industry (Exploration and Production), with the same principal business activity (extraction of crude petroleum & natural gas) are compared by revenue, 2 larger and 4 smaller; the largest is Oilmax Energy Private Limited with revenue of ₹588.94 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 441 overdue payments to 45 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website halliburton.com.
Company details
Contact details
Halliburton India Operations Private Limited's registered office is in Mumbai, Maharashtra. Its website is halliburton.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No 604 6th Floor Satellite Gazebo East Wing Guru Hargovindji Marg Ag Link Road And, Heri East, Mumbai, Maharashtra, India – 400093
- IndustryEnergy and Power, Oil & Gas Exploration & Production
To see the full contact details of Halliburton India Operations 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 Halliburton India Operations is mining and quarrying. In detail, this covers extraction of crude petroleum & natural gas.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B2 | Extraction of Crude Petroleum & Natural gas |
To see the full business activity and turnover split of Halliburton India Operations Private Limited, buy the company report.
Financials of Halliburton India Operations Private Limited
FY 2025 filings availableHalliburton India Operations Private Limited reported revenue of ₹490.45 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 11% growth in the latest year. EBITDA rose 126% 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 | ₹103.56 Cr | ||||
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| Net Profit (PAT) | ₹67.77 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 21.1% | ||||
| Net Profit Margin | 13.8% | ||||
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To see the full financial statements and ratios of Halliburton India Operations Private Limited, buy the company report.
Board of directors of Halliburton India Operations Private Limited
Halliburton India Operations has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishad Sunil Patil | Director | 21 Aug 2023 | 3 Years 2 Months | Current |
| Jagdish Kirankumar Panchal Also directs: Halliburton Development Center India LLP | Director | 29 Jul 2020 | 6 Years 2 Months | Current |
| Bharathwaj Kannan Srinivas Also directs: HLS Asia Limited | Director | 10 Jan 2024 | 2 Years 9 Months | Current |
| Bhavesh Karsan Ravariya Also directs: Halliburton Development Center India LLP | Director | 19 Nov 2024 | 1 Years 11 Months | Current |
Peer comparison
Halliburton India Operations Private Limited is compared with the 6 companies closest to it by revenue in the Oil and Gas industry (Exploration and Production), with the same principal business activity (extraction of crude petroleum & natural gas), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oilmax Energy Private Limited | ₹588.94 Cr (FY 2025) | 42.0% | Mumbai, Maharashtra, India | |||
| Hindustan Oil Exploration Company Limited | ₹496.99 Cr (FY 2025) | -35.0% | Vadodara, Gujarat, India | |||
| Halliburton India Operations Private Limitedthis company | ₹490.45 Cr (FY 2025) | ₹67.77 Cr | 13.8% | 11.0% | 184 | Mumbai, Maharashtra, India |
| Aban Offshore Limited | ₹447.74 Cr (FY 2024) | -16.0% | Chennai, Tamil Nadu, India | |||
| Bharat Petroresources Limited | ₹440.39 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Sterling International Enterprises Limited | ₹440.12 Cr (FY 2016) | Mumbai, Maharashtra, India | ||||
| Sterling Oil Resources Limited | ₹404.36 Cr (FY 2015) | 62.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Halliburton India Operations Private Limited, buy the company report.
Auditor
Halliburton India Operations Private Limited is audited by Nangia & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nangia & Co LLP | FY 2023 | 002391C/N500069 |
Shareholding
The shareholding of Halliburton India Operations 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Halliburton India Operations Private Limited, buy the company report.
Deals & funding
Halliburton India Operations Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Halliburton U S International Holdings Inc Seller: Halliburton Global Affiliates Holdings BV |
| Feb 2020 | Rights issue | ₹17.75 Cr | Investors: Halliburton Global Affiliates Holdings BV |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Halliburton India Operations Private Limited has 7 court cases on record: 4 filed by Halliburton India Operations, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 3 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Vision Projects Technologies Pvt Ltd | Disposed |
| High Court | Court case (CARBP) | Filed by the company against Vision Projects Technologies Pvt Ltd | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Lewek Altair Shipping Pvt Ltd | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Continental Rediance Offshore Pvt. Ltd. and Anr | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by an individual | Disposed |
To see the full case history of Halliburton India Operations 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
Halliburton India Operations Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 441 overdue payments to 45 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 45)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sea Linkers Private Limited | |||
| Chandra Oil & Gas Project Services Private Limited | |||
| Acuserve Integrated Facilities Private Limited | |||
| Halliburton India Operations Private Limited | |||
| Ashok Enterprise |
To see the full MSME payment records of Halliburton India Operations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Halliburton India Operations Private Limited has a workforce of 184 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Halliburton India Operations has 12 GST registrations: 11 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECH0313A1ZF | Maharashtra | Active | 01 Jul 2017 |
| 27AAECH0313A2ZE | Maharashtra | Active | 06 Aug 2024 |
| 37AAECH0313A1ZE | Andhra Pradesh | Active | 09 May 2018 |
| 97AAECH0313A1Z8 | Active | 18 Jul 2018 |
To see the full GST registrations and return filing status of Halliburton India Operations Private Limited, buy the company report.
Recent activity
Halliburton India Operations Private Limited has 20 board changes on record since 2017: 4 appointments and 16 cessations. The latest: Bhavesh Karsan Ravariya ceased to be Additional Director on 28 Aug 2025.
11 earlier events are in the company report.
News
Frequently asked questions
Halliburton India Operations is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in oil and gas exploration and production, within the energy and power industry. It was incorporated on 14 December 2016 (10+ years old) and is registered under CIN U11202MH2016FTC288437.
Halliburton India Operations has 4 current directors:
- Nishad Sunil Patil - Director
- Jagdish Kirankumar Panchal - Director
- Bharathwaj Kannan Srinivas - Director
- Bhavesh Karsan Ravariya - Director
The latest financial statements of Halliburton India Operations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Halliburton India Operations is 27AAECH0313A1ZF, registered in Maharashtra. The company has 12 GST registrations in all, of which 11 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAECH0313A2ZE (Maharashtra), 37AAECH0313A1ZE (Andhra Pradesh), 97AAECH0313A1Z8.
The CIN (Corporate Identification Number) of Halliburton India Operations is U11202MH2016FTC288437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Halliburton India Operations has 7 court cases on record: 4 filed by the company and 3 filed against it. Most are in the high courts.
Halliburton India Operations was incorporated on 14 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Halliburton India Operations has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2022.
The peers of Halliburton India Operations by revenue are Oilmax Energy Private Limited, Hindustan Oil Exploration Company Limited, Aban Offshore Limited, Bharat Petroresources Limited, Sterling International Enterprises Limited and 1 more, all in the Oil and Gas industry (Exploration and Production), with the same principal business activity (extraction of crude petroleum & natural gas).
Bhavesh Karsan Ravariya ceased to be Additional Director on 28 Aug 2025. Bhavesh Karsan Ravariya was appointed as Director on 19 Nov 2024. Bharathwaj Kannan Srinivas ceased to be Additional Director on 26 Sep 2024. Halliburton India Operations has 20 board changes on record in total.
Halliburton India Operations has 13 MSME Form 1 returns on record between 2019 and 2024, listing 441 overdue payments to 45 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Halliburton India Operations can be reached through the website halliburton.com. Its registered office is in Mumbai, Maharashtra, India.