About Lubrizol India Private Limited
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Lubrizol India Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of The Lubrizol Corporation, Usa. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 20 July 1966 and has been in existence for over 60 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23201MH1966PTC013538. Its GSTIN is 27AAACL0126H1ZY (Maharashtra).
The company has an authorised share capital of ₹19.2 Cr and a paid-up capital of ₹19.2 Cr. It was formerly known as Lubrizol India Limited. It is led by directors including Nitin Mengi (Managing Director) and Sanket Gaurang Shah.
Its last annual general meeting (AGM) was held on 30 May 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 9/3 Thane Belapur Road Turbhe Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2026, the company reported a revenue of ₹1,913.33 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹88.25 Cr (net margin 4.6%) and EBITDA of ₹158.69 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
The company has about 319 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹89.5 Cr on record. Court records list 66 cases involving the company, including 28 filed by the company and 38 filed against it; 20 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in April 2017. Its 4 peer companies in the Chemicals industry (Petrochemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 1 larger and 3 smaller; the largest is I G Petrochemicals Limited with revenue of ₹2,231.84 Cr. The company has 10 MSME Form 1 returns on record between 2020 and 2024, listing 220 overdue payments to 51 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 lubrizol.com.
Company details
CIN history
Lubrizol India has one previous CIN (Corporate Identification Number): U23201MH1966GOI013538. The current CIN is U23201MH1966PTC013538, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23201MH1966PTC013538 | Current |
| U23201MH1966GOI013538 | Previous |
Contact details
Lubrizol India Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is lubrizol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9/3 Thane Belapur Road Turbhe Navi Mumbai, Maharashtra, India – 400705
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Lubrizol India 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 Lubrizol India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| 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 |
To see the full business activity and turnover split of Lubrizol India Private Limited, buy the company report.
Financials of Lubrizol India Private Limited
FY 2026 filings availableLubrizol India Private Limited reported revenue of ₹1,913.33 Cr (up 8% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 8% growth in the latest year. EBITDA fell 27% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,913.33 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹158.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹88.25 Cr | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 4.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Lubrizol India Private Limited, buy the company report.
Board of directors of Lubrizol India Private Limited
Lubrizol India has 5 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Mengi | Managing Director | 19 Apr 2024 | 2 Years 6 Months | Current |
| Sanket Gaurang Shah | Director | 11 Jul 2019 | 7 Years 3 Months | Current |
| Keith Curtis Corkwell | Nominee Director | 23 Nov 2024 | 1 Years 11 Months | Current |
| Ajay Kumar Arora | Nominee Director | 01 Jun 2025 | 1 Years 4 Months | Current |
| Krishna Chandra Tiwari | Nominee Director | 17 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Lubrizol India Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Petrochemicals), 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 |
|---|---|---|---|---|---|---|
| I G Petrochemicals Limited | ₹2,231.84 Cr (FY 2025) | 5.0% | Panaji, Goa, India | |||
| Lubrizol India Private Limitedthis company | ₹1,913.33 Cr (FY 2026) | ₹88.25 Cr | 4.6% | 8.0% | 319 | Navi Mumbai, Maharashtra, India |
| Indian Additives Limited | ₹1,329.01 Cr (FY 2025) | 8.0% | Chennai, Tamil Nadu, India | |||
| NPL Bluesky Automotive Private Limited | ₹1,095.82 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Sidhe Petrochemicals Private Limited | ₹1,093.84 Cr (FY 2025) | 189.0% | New Delhi, Delhi, India |
To see the full peer comparison of Lubrizol India Private Limited, buy the company report.
Auditor
Lubrizol India Private Limited is audited by Batliboi & Purohit for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Batliboi & Purohit | FY 2023 | 101048W |
Shareholding
The shareholding of Lubrizol India 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lubrizol India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2008 | 10137422 | State Bank of India | ₹6 Cr | Satisfied | |
| 23 Jul 1993 | 80065652 | State Bank of India | ₹8 Cr | Satisfied | |
| 13 May 1992 | 80065656 | State Bank of India | ₹33.25 Cr | Satisfied | |
| 07 Aug 1991 | 80065646 | State Bank of India | ₹1 Cr | Satisfied | |
| 07 Aug 1991 | 80065647 | State Bank of India | ₹7.5 Cr | Satisfied |
To see the full charge records of Lubrizol India Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Lubrizol India Private Limited has 1 deal on record (1 secondary share transfer); the latest was in April 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: The Lubrizol Corporation Seller: Indian Oil Corporation Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lubrizol India Private Limited has 66 court cases on record: 28 filed by Lubrizol India, 38 filed against it. 20 cases are pending and 46 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 51 | 31 | 16 |
| District courts | 13 | 7 | 4 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 66)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Motor Accident Claims T, Maharashtra | Motor accident claim | Filed by the company against Mr. Anil Kumar Alias Sonu Gond and Iffco Tokio Gen. Ins. Co. Ltd. and 1 other | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Flowserve India Controls Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Seatrans Shipping Ltd and Ors | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against Motorol (India) Ltd. | Disposed |
| High Court, GUJARAT | Court case (OJA) | Filed against the company by Motorol India Limited | Disposed |
To see the full case history of Lubrizol India 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
Lubrizol India Private Limited has 10 MSME Form 1 returns on record between 2020 and 2024, listing 220 overdue payments to 51 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 51)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Euro Cars India Private Limited | |||
| Prashant Corner Private Limited | |||
| Jayco Safety Products Private Limited | |||
| Zen Associates Private Limited | |||
| Icas India |
To see the full MSME payment records of Lubrizol India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Lubrizol India has 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Lubrizol India Private Limited has a workforce of 319 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Lubrizol India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL0126H1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lubrizol India Private Limited, buy the company report.
Recent activity
Lubrizol India Private Limited has 42 board changes on record since 2007: 7 appointments and 35 cessations. The latest: Krishna Chandra Tiwari was appointed as Nominee Director on 17 Sep 2025.
76 earlier events are in the company report.
News
Frequently asked questions
Lubrizol India is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 20 July 1966 (60+ years old) and is registered under CIN U23201MH1966PTC013538.
Lubrizol India has 5 current directors:
- Nitin Mengi - Managing Director
- Sanket Gaurang Shah - Director
- Keith Curtis Corkwell - Nominee Director
- Ajay Kumar Arora - Nominee Director
- Krishna Chandra Tiwari - Nominee Director
The latest financial statements of Lubrizol India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 May 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lubrizol India is 27AAACL0126H1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Lubrizol India is U23201MH1966PTC013538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lubrizol India has 66 court cases on record: 28 filed by the company and 38 filed against it. 20 are pending. Most are in the high courts.
Lubrizol India was incorporated on 20 July 1966, making it 60+ years old. It is registered with the Registrar of Companies, Mumbai.
Lubrizol India has 1 deal on record (1 secondary share transfer); the latest was in April 2017.
The peers of Lubrizol India by revenue are I G Petrochemicals Limited, Indian Additives Limited, NPL Bluesky Automotive Private Limited, Sidhe Petrochemicals Private Limited, all in the Chemicals industry (Petrochemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Krishna Chandra Tiwari was appointed as Nominee Director on 17 Sep 2025. Ajay Kumar Arora was appointed as Nominee Director on 01 Jun 2025. Mukul Maheshwari ceased to be Nominee Director on 31 May 2025. Lubrizol India has 42 board changes on record in total.
Lubrizol India has 10 MSME Form 1 returns on record between 2020 and 2024, listing 220 overdue payments to 51 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Lubrizol India can be reached through the website lubrizol.com. Its registered office is in Navi Mumbai, Maharashtra, India.