Meco Lubricants Private Limited
About Meco Lubricants Private Limited
Data last updated:
Meco Lubricants Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the business process outsourcing sector. It was incorporated on 01 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24200DL2009PTC194823. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sameen Nagpal and Rakesh Kumar Nagpal.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at A – 209 Shiv Vihar Pujari Apptts. Rohtak Road, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.61 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.09 Lakh (net margin 0.4%) and EBITDA of -₹1.08 Cr (EBITDA margin -19.2%). Revenue has grown at a compounded annual rate (CAGR) of 284% over three years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Meco Lubricants Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 209 Shiv Vihar Pujari Apptts. Rohtak Road, New Delhi, Delhi, India – 110058
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Meco Lubricants 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 Meco Lubricants Private Limited
FY 2021 filings availableMeco Lubricants Private Limited reported revenue of ₹5.61 Cr (up 179% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 284% over three years, including 179% growth 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹5.61 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.09 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.2% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Meco Lubricants Private Limited, buy the company report.
Board of directors of Meco Lubricants Private Limited
Meco Lubricants has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameen Nagpal | Director | 01 Oct 2009 | 17 Years 1 Months | Current |
| Rakesh Kumar Nagpal Also directs: Bellzoil Overseas Private Limited | Director | 01 Oct 2009 | 17 Years 1 Months | Current |
Auditor
Meco Lubricants Private Limited is audited by D C CHATURVEDI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D C CHATURVEDI & CO | FY 2018 | 013741N |
Shareholding
The shareholding of Meco Lubricants Private 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 Meco Lubricants Private Limited, buy the company report.
Legal cases
Meco Lubricants Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Ms Micolube India Limited | Pending |
To see the full case history of Meco Lubricants 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 Meco Lubricants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Meco Lubricants has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Meco Lubricants Private Limited, buy the company report.
Recent activity
Meco Lubricants Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Bimla Goyal ceased to be Director on 18 Nov 2019.
Frequently asked questions
Meco Lubricants is an active private limited company based in New Delhi, Delhi, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 01 October 2009 (17+ years old) and is registered under CIN U24200DL2009PTC194823.
Meco Lubricants has 2 current directors:
- Sameen Nagpal - Director
- Rakesh Kumar Nagpal - Director
The latest financial statements of Meco Lubricants on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Meco Lubricants has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Meco Lubricants is U24200DL2009PTC194823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meco Lubricants has 1 court case on record: 1 filed against it. 1 is pending.
Meco Lubricants was incorporated on 01 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Bimla Goyal ceased to be Director on 18 Nov 2019. Shri Ram Goyal ceased to be Director on 18 Nov 2019. Rakesh Kumar Nagpal was appointed as Director on 01 Oct 2009. Meco Lubricants has 4 board changes on record in total.
The registered office of Meco Lubricants is at A – 209 Shiv Vihar Pujari Apptts. Rohtak Road, New Delhi, Delhi, India – 110058.
Meco Lubricants operates in the business outsourcing industry, in the business process outsourcing segment.
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