MP Fuel Solution Private Limited
About MP Fuel Solution Private Limited
Data last updated:
MP Fuel Solution Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 31 March 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U46610GJ2023PTC139708. Its GSTIN is 24AAQCM6956J1ZS (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harshad Kantilal Kanani and Matang Kantilal Kanani.
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 Sheetal Park, Rajkot, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹433.64 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹1.5 Cr (net margin 0.3%) and EBITDA of ₹2.57 Cr (EBITDA margin 0.6%).
As per MCA filings, the company has open charges of ₹8.8 Cr on record.
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- Registered Address806 – 807 8th Floor Rk World Tower, Sheetal Park 150Ft Ring Road, Rajkot, Gujarat, India – 360006
- IndustryMetals and Minerals, Materials Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of MP Fuel Solution Private Limited
The main business activity of MP Fuel Solution is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of MP Fuel Solution Private Limited FY 2025 filings available
MP Fuel Solution Private Limited reported revenue of ₹433.64 Cr (up 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of MP Fuel Solution Private Limited
Revenue rose 53% in the latest year. EBITDA rose 148% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of MP Fuel Solution Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹2.57 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.5 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 of MP Fuel Solution Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.6% | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of MP Fuel Solution are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of MP Fuel Solution Private Limited
MP Fuel Solution Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rio Tinto India Private Limited | ₹446.85 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Gurgaon, Haryana, India |
| Verve Industries Private Limited | ₹445.25 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Mumbai, Maharashtra, India |
| Shriram Power & Steel Private Limited | ₹442.12 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Arihant Coal Sales (India) Private Limited | ₹434.99 Cr (FY 2017) | •••• | •••• | 49.0% | •••• | Bhopal, Madhya Pradesh, India |
| Asak Coal Private Limited | ₹433.95 Cr (FY 2025) | •••• | •••• | 116.0% | •••• | Raipur, Chhattisgarh, India |
| MP Fuel Solution Private Limited this company | ₹433.64 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Rajkot, Gujarat, India |
| Ram Shyam Enterprises Private Limited | ₹422.09 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Nagpur, Maharashtra, India |
| Agarwal Induction Furnace Private Limited | ₹412.52 Cr (FY 2024) | •••• | •••• | -50.0% | •••• | Bangalore, Karnataka, India |
| Mahakali Fuel Private Limited | ₹410.63 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Vimal Coal Private Limited | ₹409.85 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Ahmedabad, Gujarat, India |
| Hind Energy and Coal Benefication (India) Limited | ₹409.12 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Bilaspur, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below MP Fuel Solution by revenue in the Metals and Minerals industry (Materials Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of MP Fuel Solution Private Limited
MP Fuel Solution has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshad Kantilal Kanani | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
| Matang Kantilal Kanani Also directs: Barbenders Gym LLP | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
Charges & Borrowings of MP Fuel Solution Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jan 2024 | Others | ₹8.8 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at MP Fuel Solution Private Limited
Employment history and EPFO contributions of people linked to MP Fuel Solution.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on MP Fuel Solution Private Limited
MP Fuel Solution Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Harshad Kantilal Kanani was appointed as Director on 31 Mar 2023.
Credit Ratings, Litigation & Regulatory Alerts for MP Fuel Solution Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by MP Fuel Solution Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of MP Fuel Solution Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of MP Fuel Solution Private Limited
MP Fuel Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQCM6956J1ZS | Gujarat | Active | 21 Apr 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MP Fuel Solution Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MP Fuel Solution Private Limited
MP Fuel Solution is an active private limited company based in Rajkot, Gujarat, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 31 March 2023 (3+ years old) and is registered under CIN U46610GJ2023PTC139708.
MP Fuel Solution reported revenue of ₹433.64 Cr for FY 2025 (up 53% YoY).
MP Fuel Solution has 2 current directors:
- Harshad Kantilal Kanani - Director
- Matang Kantilal Kanani - Director
MP Fuel Solution reported a net profit of ₹1.5 Cr (net margin 0.3%) and EBITDA of ₹2.57 Cr (EBITDA margin 0.6%) for FY 2025, as per its filed financial statements.
The GSTIN of MP Fuel Solution is 24AAQCM6956J1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of MP Fuel Solution is U46610GJ2023PTC139708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MP Fuel Solution was incorporated on 31 March 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of MP Fuel Solution by revenue are Rio Tinto India Private Limited, Verve Industries Private Limited, Shriram Power & Steel Private Limited, Arihant Coal Sales (India) Private Limited, Asak Coal Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).
Harshad Kantilal Kanani was appointed as Director on 31 Mar 2023. Matang Kantilal Kanani was appointed as Director on 31 Mar 2023.
The registered office of MP Fuel Solution is at 806 – 807 8th Floor Rk World Tower, Sheetal Park 150Ft Ring Road, Rajkot, Gujarat, India – 360006.
MP Fuel Solution has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.