MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-03-0002660
Indian Core Oils Private Limited - chemicals and materials in Faridabad, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.59 Cr
▼ 29% YoY
Net loss · FY 2023
₹1.82 Cr
Net margin -114.7%
EBITDA · FY 2023
-₹1.77 Cr
EBITDA margin -111.5%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Satisfied charges
₹18.97 Cr
No open charges
Company age
46 yrs
Est. 1980
Employees · EPFO
6
Provident fund records
About Indian Core Oils Private Limited
Data last updated:
Indian Core Oils Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 01 January 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U23209HR1980PTC010112. Its GSTIN is 06AAACI4130Q1ZI (Haryana). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Vikas Malik and Lily Pal Satya.
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 Plot No. 36B – Sector – 5 Mujessar More Opp.Orient Fans, Faridabad, Haryana, India – 121006.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.59 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹1.82 Cr (net margin -114.7%) and EBITDA of -₹1.77 Cr (EBITDA margin -111.5%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 27% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹18.97 Cr on record. Court records list 34 cases involving the company, including 13 filed by the company and 21 filed against it; 1 case is pending.
Indian Core Oils Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0002660). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coreoils.com.
Company details
CIN U23209HR1980PTC010112
Registration Number 010112
Incorporation Date 01 January 1980
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-HR-03-0002660
Recognitions & Rankings of Indian Core Oils
Contact details
Indian Core Oils Private Limited's registered office is in Faridabad, Haryana. Its website is coreoils.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 36B – Sector – 5 Mujessar More Opp.Orient Fans, Faridabad, Haryana, India – 121006
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Indian Core Oils Private Limited, buy the company report.
Comprehensive company report
Indian Core Oils Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Indian Core Oils is manufacturing. In detail, this covers coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products |
To see the full business activity and turnover split of Indian Core Oils Private Limited, buy the company report.
Financials of Indian Core Oils Private Limited
FY 2023 filings availableIndian Core Oils Private Limited reported revenue of ₹1.59 Cr (down 29% YoY) for FY 2023.
Revenue · FY 2023
₹1.59 Cr ▼ 29%
Net loss · FY 2023
₹1.82 Cr margin -114.7%
EBITDA · FY 2023
-₹1.77 Cr margin -111.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 38%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 154%
5 years · compounded
▼ 107%
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 29% fall in the latest year. EBITDA rose 4% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.82 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -111.5% | ||||
| Net Profit Margin | -114.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Indian Core Oils Private Limited, buy the company report.
Board of directors of Indian Core Oils Private Limited
Indian Core Oils has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Malik Also directs: Advanced Laser Systtems Limited | Director | 07 Oct 2021 | 5 Years 0 Months | Current |
| Lily Pal Satya Also directs: International Coreoils Limited, Advanced Laser Systtems Limited | Director | 30 Sep 1986 | 40 Years 1 Months | Current |
| Sudhir Pal Also directs: International Coreoils Limited, Advanced Laser Systtems Limited, Svag Enterprises LLP and 1 more | Director | 15 Mar 2002 | 24 Years 7 Months | Current |
Auditor
Indian Core Oils Private Limited is audited by KAMAL LAKHANI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMAL LAKHANI & ASSOCIATES | FY 2019 | 021208N |
Shareholding
The shareholding of Indian Core Oils Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Indian Core Oils Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹18.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2008 | 10127785 | Bank of India | ₹7.5 Cr | Satisfied | |
| 18 Oct 2008 | 10127786 | Bank of India | ₹3 Cr | Satisfied | |
| 22 Jul 2004 | 90055377 | Bank of India | ₹18.75 Lakh | Satisfied | |
| 08 Jul 2003 | 90054970 | Bank of India | ₹5 Lakh | Satisfied | |
| 27 Mar 2002 | 90054484 | Bank of India | ₹11.73 Lakh | Satisfied |
To see the full charge records of Indian Core Oils Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Indian Core Oils Private Limited has 34 court cases on record: 13 filed by Indian Core Oils, 21 filed against it. 1 case is pending and 33 are disposed.
Total cases
34
Filed by the company
13
Filed against the company
21
Pending
1
Disposed
33
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 19 | 1 |
| High courts | 4 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Insolvency matter | Filed against the company by Ivp Limited | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by M/S Vision Resins and Resol Pvt. Ltd. -Ankur Gupta | Disposed |
| District court, Faridabad, Haryana | Execution petition | Filed against the company by M/S Shristab Private Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Ms. Arinits Sales P.Ltd | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against Shaifali Steels Ltd and 2 others | Disposed |
To see the full case history of Indian Core Oils 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 Indian Core Oils Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indian Core Oils Private Limited has a workforce of 6 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
GST
Indian Core Oils has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACI4130Q1ZI | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indian Core Oils Private Limited, buy the company report.
Recent activity
Indian Core Oils Private Limited has 4 board changes on record since 1986: 3 appointments and 1 cessation. The latest: Vikas Malik was appointed as Director on 07 Oct 2021.
AGM
Indian Core Oils Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Indian Core Oils Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Haryana.
Appointed
Vikas Malik was appointed as Director.
Charges
A charge registered on 18 Oct 2008 via Charge ID 10127785 with Bank Of India was fully satisfied on 07 Sep 2018.
Charges
A charge registered on 18 Oct 2008 via Charge ID 10127786 with Bank Of India was fully satisfied on 07 Sep 2018.
Charges
A charge registered on 15 Oct 1999 via Charge ID 90053719 with Bank Of India was fully satisfied on 07 Sep 2018.
Charges
A charge registered on 26 Jul 1993 via Charge ID 90052554 with Bank Of India was fully satisfied on 07 Sep 2018.
Charges
A charge registered on 20 Apr 1987 via Charge ID 90052116 with Bank Of India was fully satisfied on 07 Sep 2018.
Charges
A charge registered on 01 Sep 1986 via Charge ID 90052091 with Bank Of India was fully satisfied on 07 Sep 2018.
Charges
A charge registered on 07 Jun 1984 via Charge ID 90051994 with Bank Of India was fully satisfied on 07 Sep 2018.
Charges
A charge registered on 18 Mar 1981 via Charge ID 90051907 with Bank Of India was fully satisfied on 07 Sep 2018.
Charges
A charge registered on 29 Dec 1980 via Charge ID 90051902 with Bank Of India was fully satisfied on 07 Sep 2018.
44 earlier events are in the company report.
Frequently asked questions
Indian Core Oils is an active private limited company based in Faridabad, Haryana, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 01 January 1980 (46+ years old) and is registered under CIN U23209HR1980PTC010112.
Indian Core Oils has 3 current directors:
- Vikas Malik - Director
- Lily Pal Satya - Director
- Sudhir Pal - Director
The latest financial statements of Indian Core Oils on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Indian Core Oils is 06AAACI4130Q1ZI, registered in Haryana. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Indian Core Oils is U23209HR1980PTC010112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Core Oils has 34 court cases on record: 13 filed by the company and 21 filed against it. 1 is pending. Most are in the district courts.
Indian Core Oils was incorporated on 01 January 1980, making it 46+ years old. It is registered with the Registrar of Companies, Haryana.
Vikas Malik was appointed as Director on 07 Oct 2021. Shalini Pal ceased to be Additional Director on 29 Sep 2011. Sudhir Pal was appointed as Director on 15 Mar 2002. Indian Core Oils has 4 board changes on record in total.
Yes, Indian Core Oils is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-03-0002660).
Indian Core Oils can be reached through the website coreoils.com. Its registered office is in Faridabad, Haryana, India.
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