
About Madkai Refining Private Limited
Data last updated:
Madkai Refining Private Limited is a private limited company based in Goa, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 26 March 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U23201GA1999PTC002673.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.2 Lakh. It is led by directors Nikhil Pranlal Parikh and Vipul Pranlal Parikh.
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 S 15 Jairam Complexnevginagar Panaji, Goa, India – 403001.
As per MCA filings, the company has satisfied charges of ₹5 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powerplusautoadditive.com.
Company details
Contact details
Madkai Refining Private Limited's registered office is in Goa. Its website is powerplusautoadditive.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS 15 Jairam Complexnevginagar Panaji, Goa, India – 403001
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Madkai Refining 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
Financials of Madkai Refining Private Limited
FY 2025 filings availableFinancial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Madkai Refining Private Limited, buy the company report.
Board of directors of Madkai Refining Private Limited
Madkai Refining has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Pranlal Parikh Also directs: Om Maruti Chemical Works Private Limited | Director | 26 Mar 1999 | 27 Years 7 Months | Current |
| Vipul Pranlal Parikh Also directs: Om Maruti Chemical Works Private Limited | Director | 26 Mar 1999 | 27 Years 7 Months | Current |
Auditor
Madkai Refining Private Limited is audited by HARSH P CHHEDA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARSH P CHHEDA & CO | FY 2019 | 136006W |
Shareholding
The shareholding of Madkai Refining Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Madkai Refining Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2001 | 90076806 | Canara Bank | ₹5 Lakh | Satisfied |
To see the full charge records of Madkai Refining Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Madkai Refining Private Limited has 1 court case on record: 1 filed by Madkai Refining. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against State of Goa Through Secretary and Anr., | Disposed |
To see the full case history of Madkai Refining 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 Madkai Refining Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Madkai Refining Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Madkai Refining Private Limited has 2 board changes on record since 1999: 2 appointments. The latest: Nikhil Pranlal Parikh was appointed as Director on 26 Mar 1999.
Frequently asked questions
Madkai Refining is an active private limited company based in Goa, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 26 March 1999 (27+ years old) and is registered under CIN U23201GA1999PTC002673.
Madkai Refining has 2 current directors:
- Nikhil Pranlal Parikh - Director
- Vipul Pranlal Parikh - Director
The latest financial statements of Madkai Refining 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 CIN (Corporate Identification Number) of Madkai Refining is U23201GA1999PTC002673. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madkai Refining has 1 court case on record: 1 filed by the company.
Madkai Refining was incorporated on 26 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Goa.
Nikhil Pranlal Parikh was appointed as Director on 26 Mar 1999. Vipul Pranlal Parikh was appointed as Director on 26 Mar 1999.
Madkai Refining can be reached through the website powerplusautoadditive.com. Its registered office is in Goa, India.
The registered office of Madkai Refining is at S 15 Jairam Complexnevginagar Panaji, Goa, India – 403001.
Madkai Refining operates in the chemicals and materials industry, in the petrochemicals and derivatives segment.

