About Everflow Petrofils Limited
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Everflow Petrofils Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2003PLC140356. Its GSTIN is 27AABCE5852A2ZY (Maharashtra). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.26 Cr. It was formerly known as Everflow Petrofils Private Limited and Everflow Mercantile Comapny Private Limited. It is led by directors including Pinkesh Paras Kumar Jain (Managing Director) and Alpa Pinkeshkumar Jain.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 11 Ovalwadi 3rd Floor Vithalwadi Kalbadevi, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2018, the company reported a revenue of ₹604.41 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹7.69 Cr (net margin 1.3%) and EBITDA of ₹23.19 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹200.28 Cr and satisfied charges of ₹10.19 Cr on record. Court records list 12 cases involving the company, including 11 filed by the company and 1 filed against it; 1 case is pending. The company has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹31.93 Cr; the latest was in March 2016. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 smaller; the largest is Sulochana Cotton Spinning Mills Private Limited with revenue of ₹635.82 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website everflowpetrofils.com.
Company details
Name history
Everflow Petrofils has undergone 2 name changes throughout its history. The company was previously known as Everflow Petrofils Private Limited, and Everflow Mercantile Comapny Private Limited. The current legal name is Everflow Petrofils Limited.
| Company Name | Status |
|---|---|
| Everflow Petrofils Limited | Current |
| Everflow Petrofils Private Limited | Previous |
| Everflow Mercantile Comapny Private Limited | Previous |
CIN history
Everflow Petrofils has one previous CIN (Corporate Identification Number): U51909MH2003PTC140356. The current CIN is U51909MH2003PLC140356, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH2003PLC140356 | Current |
| U51909MH2003PTC140356 | Previous |
Contact details
Everflow Petrofils Limited's registered office is in Mumbai, Maharashtra. Its website is everflowpetrofils.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address11 Ovalwadi 3rd Floor Vithalwadi Kalbadevi, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Everflow Petrofils 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 Everflow Petrofils is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Everflow Petrofils Limited, buy the company report.
Financials of Everflow Petrofils Limited
FY 2018 filings availableEverflow Petrofils Limited reported revenue of ₹604.41 Cr (up 7% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 7% growth in the latest year. EBITDA rose 72% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹604.41 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹23.19 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹7.69 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.8% | |||
| Net Profit Margin | 1.3% | |||
| 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 | ||||
To see the full financial statements and ratios of Everflow Petrofils Limited, buy the company report.
Board of directors of Everflow Petrofils Limited
Everflow Petrofils has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pinkesh Paras Kumar Jain | Managing Director | 01 Jan 2006 | 20 Years 9 Months | Current |
| Alpa Pinkeshkumar Jain Also directs: Everflow Clothings Limited | Director | 11 Jan 2012 | 14 Years 9 Months | Current |
| Sapnaben Rakeshkumar Jain Also directs: Everflow Clothings Limited | Director | 10 May 2006 | 20 Years 5 Months | Current |
Peer comparison
Everflow Petrofils Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sulochana Cotton Spinning Mills Private Limited | ₹635.82 Cr (FY 2024) | 0.0% | Tirupur, Tamil Nadu, India | |||
| Sri Shanmugavel Mills Private Limited | ₹633.96 Cr (FY 2025) | -14.0% | Coimbatore, Tamil Nadu, India | |||
| Pasupati Acrylon Limited | ₹632.8 Cr (FY 2025) | 8.0% | Uttar Pradesh, India | |||
| Maharaja Shree Umaid Mills Limited | ₹616.19 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Rajkrupa Textiles (India) Private Limited | ₹614.98 Cr (FY 2025) | 23.0% | Ahmedabad, Gujarat, India | |||
| Chiripal Textile Mills Private Limited | ₹607.74 Cr (FY 2025) | 14.0% | Ahmedabad, Gujarat, India | |||
| Lagnam Spintex Limited | ₹605.94 Cr (FY 2025) | 38.0% | Bhilwara, Rajasthan, India | |||
| Everflow Petrofils Limitedthis company | ₹604.41 Cr (FY 2018) | ₹7.69 Cr | 1.3% | 7.0% | Mumbai, Maharashtra, India | |
| S.A.N. Garment Manufacturing Private Limited. | ₹600.58 Cr (FY 2025) | 29.0% | New Delhi, Delhi, India |
To see the full peer comparison of Everflow Petrofils Limited, buy the company report.
Auditor
Everflow Petrofils Limited is audited by KIRANKUMAR JAIN & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRANKUMAR JAIN & ASSOCIATES | FY 2018 | 129342W |
Shareholding
The shareholding of Everflow Petrofils Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Everflow Petrofils Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2017 | 100131891 | Others | ₹20 Lakh | Open | |
| 22 Sep 2016 | 100066272 | Others | ₹7.9 Lakh | Open | |
| 19 Dec 2006 | 10033222 | Others | ₹200 Cr | Open | |
| 10 Nov 2012 | 10391387 | Nkgsb Co-Op Bank Ltd | ₹10 Cr | Satisfied | |
| 16 Apr 2009 | 10153125 | Punjab National Bank | ₹19.24 Lakh | Satisfied |
To see the full charge records of Everflow Petrofils Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Everflow Petrofils Limited has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹31.93 Cr; the latest was in March 2016.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Funding round | ₹6.62 Cr | Investors: Xiamen Mc Group Hk Corp Limited, Aura Spinwell Limited |
| Nov 2014 | Funding round | ₹19.13 Cr | Investors: Nowd Xm Company Limited, Xiamen Mc Group Hk Corp Limited |
| May 2011 | Funding round | ₹3 Cr | Investors: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Prasant Kanodia Huf, Shyamlal Kanodia Huf, 2 individuals |
| Mar 2009 | Funding round | ₹87 Lakh | Investors: 2 individuals |
To see the full deal history of Everflow Petrofils 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
Everflow Petrofils Limited has 12 court cases on record: 11 filed by Everflow Petrofils, 1 filed against it. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 1 |
| High courts | 4 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2406-Indirect Taxation : Goods and Services Tax, Integrated Goods and Services Tax, State Goods and Services Tax, UT Goods and Services Tax.) | Filed by the company against Union of India and 11 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against Solanki Synthetics Pvt Ltd and Ors | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against M/S. Solanki Synthetics Pvt. Ltd. and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against Union of India | Disposed |
To see the full case history of Everflow Petrofils 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
Everflow Petrofils Limited was last rated by Brickwork on 27 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 27 Jan 2021 |
To see the full credit ratings and regulatory alerts of Everflow Petrofils Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Everflow Petrofils Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Everflow Petrofils has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Everflow Clothings Limited | U17100MH2016PLC281830 |
To see the full group structure of Everflow Petrofils Limited, buy the company report.
GST
Everflow Petrofils has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE5852A2ZY | Maharashtra | Active | 01 Jul 2017 |
| 24AABCE5852A1Z5 | Gujarat | Active | 01 Jul 2017 |
| 26AABCE5852A1Z1 | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Everflow Petrofils Limited, buy the company report.
Recent activity
Everflow Petrofils Limited has 6 board changes on record since 2006: 3 appointments and 3 cessations. The latest: Champalal Chunilal Jain ceased to be Director on 13 Oct 2020.
5 earlier events are in the company report.
Frequently asked questions
Everflow Petrofils is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 May 2003 (23+ years old) and is registered under CIN U51909MH2003PLC140356.
Everflow Petrofils has 3 current directors:
- Pinkesh Paras Kumar Jain - Managing Director
- Alpa Pinkeshkumar Jain - Director
- Sapnaben Rakeshkumar Jain - Director
The latest financial statements of Everflow Petrofils on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Everflow Petrofils is 27AABCE5852A2ZY, registered in Maharashtra. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 24AABCE5852A1Z5 (Gujarat), 26AABCE5852A1Z1 (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Everflow Petrofils is U51909MH2003PLC140356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Everflow Petrofils has 12 court cases on record: 11 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Everflow Petrofils was incorporated on 08 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Everflow Petrofils has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹31.93 Cr; the latest was in March 2016.
The peers of Everflow Petrofils by revenue are Sulochana Cotton Spinning Mills Private Limited, Sri Shanmugavel Mills Private Limited, Pasupati Acrylon Limited, Maharaja Shree Umaid Mills Limited, Rajkrupa Textiles (India) Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Champalal Chunilal Jain ceased to be Director on 13 Oct 2020. Alok Omprakash Nag ceased to be Director on 28 Dec 2018. Rakeshkumr Parasmalji Jain ceased to be Additional Director on 17 Feb 2014. Everflow Petrofils has 6 board changes on record in total.
Everflow Petrofils can be reached through the website everflowpetrofils.com. Its registered office is in Mumbai, Maharashtra, India.
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