About Hardcastle Petrofer Private Limited
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Hardcastle Petrofer Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 25 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2004PTC149240. Its GSTIN is 27AABCH5032R1Z9 (Maharashtra). The company holds 13 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80.52 Lakh. It was formerly known as Hhil Lubricants Private Limited. It is led by directors including Rajiv Vermani and Amit Sushil Moona.
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 Office No. 802 Floor – 8 Plot – 213 Raheja Chambers Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹456.04 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹41.26 Cr (net margin 9%) and EBITDA of ₹58.46 Cr (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 17% over five years.
The company has about 149 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hardcastle Petrofer. As per MCA filings, the company has open charges of ₹50.45 Cr on record. Court records list 103 cases involving the company, including 21 filed by the company and 82 filed against it; 10 cases are pending. The company has 13 deals on record (12 secondary share transfers, 1 funding round), with disclosed funding of ₹10,000; the latest was in September 2024. Its 7 peer companies in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 3 smaller; the largest is Almatis Alumina Private Limited with revenue of ₹472.95 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 26 overdue payments to 3 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 hawcoindia.com.
Company details
Contact details
Hardcastle Petrofer Private Limited's registered office is in Mumbai, Maharashtra. Its website is hawcoindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 802 Floor – 8 Plot – 213 Raheja Chambers Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Hardcastle Petrofer 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
Hardcastle Petrofer operates one associated brand: Hardcastle Petrofer. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of industrial oils and chemicals in India. | hawcoindia.com |
Business activity
The main business activities of Hardcastle Petrofer are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Hardcastle Petrofer Private Limited, buy the company report.
Financials of Hardcastle Petrofer Private Limited
FY 2025 filings availableHardcastle Petrofer Private Limited reported revenue of ₹456.04 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 11% growth in the latest year. EBITDA rose 1% 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 | ₹58.46 Cr | ||||
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| Net Profit (PAT) | ₹41.26 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 | 12.8% | ||||
| Net Profit Margin | 9% | ||||
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To see the full financial statements and ratios of Hardcastle Petrofer Private Limited, buy the company report.
Board of directors of Hardcastle Petrofer Private Limited
Hardcastle Petrofer has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Vermani Also directs: Johnnette Technologies Private Limited, Indxo AI Private Limited, Intouch Systems Private Limited and 3 more | Director | 14 Aug 2021 | 5 Years 2 Months | Current |
| Amit Sushil Moona | Director | 11 Aug 2021 | 5 Years 2 Months | Current |
| Achal Jatia | Director | 16 Nov 2015 | 10 Years 11 Months | Current |
| Constantin Heinz Marcus Fischer Also directs: Hawco Petrofer LLP, HPPL Petrofer LLP | Director | 01 Sep 2009 | 17 Years 1 Months | Current |
Peer comparison
Hardcastle Petrofer Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Almatis Alumina Private Limited | ₹472.95 Cr (FY 2025) | 27.0% | Kolkata, West Bengal, India | |||
| JRS Pharma & Gujarat Microwax Private Limited | ₹471.73 Cr (FY 2025) | 13.0% | Ahmedabad, Gujarat, India | |||
| Basf India Coatings Private Limited | ₹470.68 Cr (FY 2025) | 212.0% | Mumbai, Maharashtra, India | |||
| Shital Industries Private Limited | ₹462.97 Cr (FY 2025) | 33.0% | Ahmedabad, Gujarat, India | |||
| Hardcastle Petrofer Private Limitedthis company | ₹456.04 Cr (FY 2025) | ₹41.26 Cr | 9% | 11.0% | 149 | Mumbai, Maharashtra, India |
| Ambica Dhatu Pvt. Ltd. | ₹449.96 Cr (FY 2025) | 39.0% | Kolkata, West Bengal, India | |||
| Kumar Organic Products Limited | ₹445.83 Cr (FY 2024) | 2.0% | Bangalore, Karnataka, India | |||
| Radha Madhav Surfactants Private Limited | ₹445.58 Cr (FY 2025) | 17.0% | Sachin, Gujarat, India |
To see the full peer comparison of Hardcastle Petrofer Private Limited, buy the company report.
Auditor
Hardcastle Petrofer Private Limited is audited by Ravi A Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ravi A Shah & Associates | FY 2023 | 125079W |
Shareholding
The shareholding of Hardcastle Petrofer 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Hardcastle Petrofer Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2005 | 80001984 | Others | ₹50.45 Cr | Open |
To see the full charge records of Hardcastle Petrofer Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Hardcastle Petrofer Private Limited has 13 deals on record (12 secondary share transfers, 1 funding round), with disclosed funding of ₹10,000; the latest was in September 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Seller: Moonlight Trust, Petrofer Gmbh |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Jeevdani Chemicals Private Limited Seller: Achal Exim P Ltd |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Amit Jatia HUF, Horizon Impex Private Limited , 2 individuals |
| May 2012 | Funding round | ₹10,000 | Investors: Saubhagya Impex Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Achal Exim P Ltd , 3 individuals Seller: Houghton Hardcastle (India) Private Limited |
To see the full deal history of Hardcastle Petrofer 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
Hardcastle Petrofer Private Limited has 103 court cases on record: 21 filed by Hardcastle Petrofer, 82 filed against it. 10 cases are pending and 93 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 83 | 80 | 4 |
| District courts | 18 | 0 | 5 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 103)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMIP) | Filed by the company against United Petrofer Limited | Pending |
| High Court of Gujarat | Special civil application | Filed against the company by M/S. United Petrofer Limited Through Its Director Hemant Mandlewala S/O Thakordas Mandlewala | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against M/S Om Metatreat Industries Pvt. Ltd. and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against M/S Kew Precision Parts Pvt Ltd. and 2 others | Pending |
| High Court, GUJARAT | Appeal | Filed against the company by M/S. United Petrofer Limited Through Its Director Hemant Mandlewala S/O Thakordas Mandlewala and 4 others | Disposed |
To see the full case history of Hardcastle Petrofer 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
Hardcastle Petrofer Private Limited was last rated by Indiarating on 15 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 15 Dec 2021 |
To see the full credit ratings and regulatory alerts of Hardcastle Petrofer Private Limited, buy the company report.
MSME payment delays
Hardcastle Petrofer Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 26 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kamal Technoplast Private Limited | |||
| East India Drums & Barrels Mfg. Company | |||
| Bsa Polycontainer Private Limited |
To see the full MSME payment records of Hardcastle Petrofer Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Hardcastle Petrofer has 6 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Hardcastle Petrofer Private Limited has a workforce of 149 employees on its EPFO records as of Mar 28, 2024, across 2 active EPFO establishments.
GST
Hardcastle Petrofer has 13 GST registrations: 9 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH5032R1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 27AABCH5032R2Z8 | Maharashtra | Active | 26 Oct 2017 |
| 06AABCH5032R1ZD | Haryana | Active | 01 Jul 2017 |
| 19AABCH5032R1Z6 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hardcastle Petrofer Private Limited, buy the company report.
Recent activity
Hardcastle Petrofer Private Limited has 13 board changes on record since 2009: 4 appointments and 9 cessations. The latest: Achal Jatia ceased to be Director on 03 Jul 2025.
6 earlier events are in the company report.
Frequently asked questions
Hardcastle Petrofer is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 25 October 2004 (22+ years old) and is registered under CIN U24100MH2004PTC149240.
Hardcastle Petrofer has 4 current directors:
- Rajiv Vermani - Director
- Amit Sushil Moona - Director
- Achal Jatia - Director
- Constantin Heinz Marcus Fischer - Director
The latest financial statements of Hardcastle Petrofer 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 Hardcastle Petrofer is 27AABCH5032R1Z9, registered in Maharashtra. The company has 13 GST registrations in all, of which 9 are active and 4 are cancelled or inactive. Other active GSTINs include 27AABCH5032R2Z8 (Maharashtra), 06AABCH5032R1ZD (Haryana), 19AABCH5032R1Z6 (West Bengal).
The CIN (Corporate Identification Number) of Hardcastle Petrofer is U24100MH2004PTC149240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hardcastle Petrofer has 103 court cases on record: 21 filed by the company and 82 filed against it. 10 are pending. Most are in the high courts.
Hardcastle Petrofer was incorporated on 25 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Hardcastle Petrofer has 13 deals on record (12 secondary share transfers, 1 funding round), with disclosed funding of ₹10,000; the latest was in September 2024.
The peers of Hardcastle Petrofer by revenue are Almatis Alumina Private Limited, JRS Pharma & Gujarat Microwax Private Limited, Basf India Coatings Private Limited, Shital Industries Private Limited, Ambica Dhatu Pvt. Ltd. and 2 more, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Achal Jatia ceased to be Director on 03 Jul 2025. Amit Sushil Moona ceased to be Additional Director on 29 Sep 2021. Rajiv Vermani ceased to be Additional Director on 29 Sep 2021. Hardcastle Petrofer has 13 board changes on record in total.
Hardcastle Petrofer has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 26 overdue payments to 3 micro and small suppliers. The latest return was filed on 06 May 2019.
Hardcastle Petrofer can be reached through the website hawcoindia.com. Its registered office is in Mumbai, Maharashtra, India.