MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-27-0003952
Ultra Plus Lubes Private Limited - chemicals and materials in Panvel, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹59.9 Cr
▲ 15% YoY
Net profit · FY 2024
₹6.94 Cr
Net margin 11.6%
EBITDA · FY 2024
₹12.46 Cr
EBITDA margin 20.8%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹53.32 Lakh
Issued & subscribed
Open charges
₹7 Cr
Satisfied ₹11.74 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
97
Provident fund records
About Ultra Plus Lubes Private Limited
Data last updated:
Ultra Plus Lubes Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 30 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23201MH2003PTC142937. Its GSTIN is 27AAACU6623Q1ZS (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹53.32 Lakh. It is led by directors including Lata Narayan Savant and Swapna Narayan Savant.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 53 Jawahar Co – Op Industrial Estate Kamothe(Kalamboli), Panvel, Maharashtra, India – 410209.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.9 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹6.94 Cr (net margin 11.6%) and EBITDA of ₹12.46 Cr (EBITDA margin 20.8%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
The company has about 97 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹11.74 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 3 cases are pending.
Ultra Plus Lubes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0003952). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ultralub.co.in.
Company details
CIN U23201MH2003PTC142937
Registration Number 142937
Incorporation Date 30 October 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-27-0003952
Recognitions & Rankings of Ultra Plus Lubes
Contact details
Ultra Plus Lubes Private Limited's registered office is in Panvel, Maharashtra. Its website is ultralub.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address53 Jawahar Co – Op Industrial Estate Kamothe(Kalamboli), Panvel, Maharashtra, India – 410209
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Ultra Plus Lubes Private Limited, buy the company report.
Comprehensive company report
Ultra Plus Lubes Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Ultra Plus Lubes is manufacturing. In detail, this covers coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products |
To see the full business activity and turnover split of Ultra Plus Lubes Private Limited, buy the company report.
Financials of Ultra Plus Lubes Private Limited
FY 2024 filings availableUltra Plus Lubes Private Limited reported revenue of ₹59.9 Cr (up 15% YoY) for FY 2024.
Revenue · FY 2024
₹59.9 Cr ▲ 15%
Net profit · FY 2024
₹6.94 Cr margin 11.6%
EBITDA · FY 2024
₹12.46 Cr margin 20.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 25% over three years, including 15% growth in the latest year. EBITDA rose 4% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹12.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.94 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.8% | ||||
| Net Profit Margin | 11.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ultra Plus Lubes Private Limited, buy the company report.
Board of directors of Ultra Plus Lubes Private Limited
Ultra Plus Lubes has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lata Narayan Savant | Director | 22 Dec 2003 | 22 Years 10 Months | Current |
| Swapna Narayan Savant Also directs: West Coast Lubricants and Asphalts Private Limited | Director | 15 Sep 2020 | 6 Years 1 Months | Current |
| Seema Prashant Naik Also directs: West Coast Lubricants and Asphalts Private Limited | Director | 15 Sep 2020 | 6 Years 1 Months | Current |
| Siddesh Narayan Savant | Director | 28 Jul 2008 | 18 Years 2 Months | Current |
| Narayan Nilkanth Savant | Director | 30 Oct 2003 | 22 Years 11 Months | Current |
Peer comparison
Ultra Plus Lubes Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Petrochemicals), with the same principal business activity (coke and refined petroleum products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ultra Plus Lubes Private Limitedthis company | ₹59.9 Cr (FY 2024) | ₹6.94 Cr | 11.6% | 15.0% | 97 | Panvel, Maharashtra, India |
| Nick Petrochem Private Limited | ₹59.6 Cr (FY 2025) | 17.0% | Pardi, Gujarat, India | |||
| Offshore Petrolubes Private Limited | ₹59.19 Cr (FY 2025) | 12.0% | Nagpur, Maharashtra, India | |||
| Cauldron Petrotech India Private Limited | ₹59.06 Cr (FY 2024) | 18.0% | Jaipur, Rajasthan, India | |||
| Sidhvinayak Bitumen Enterprise Private Limited | ₹58.58 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ultra Plus Lubes Private Limited, buy the company report.
Auditor
Ultra Plus Lubes Private Limited is audited by KIRTANE & PANDIT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRTANE & PANDIT | FY 2023 | 105215W |
Shareholding
The shareholding of Ultra Plus Lubes 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 Ultra Plus Lubes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7 Cr
Satisfied charges
₹11.74 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2022 | 100652956 | Others | ₹3 Cr | Satisfied | |
| 27 May 2022 | 100591790 | Others | ₹4 Cr | Satisfied | |
| 06 May 2004 | 90148719 | Vijaya Bank | ₹4.49 Cr | Satisfied | |
| 20 Mar 2004 | 90148636 | Vijaya Bank | ₹25 Lakh | Satisfied |
To see the full charge records of Ultra Plus Lubes Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Ultra Plus Lubes Private Limited has 3 court cases on record: 1 filed by Ultra Plus Lubes, 2 filed against it. All cases are pending.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Criminal miscellaneous application | Filed by the company against Bruhathi Autotech Pvt Ltd Ors. | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by M R Nikam Inspector Under Maharashtra Private Security Guards Board Raigad | Pending |
| District court, Aurangabad, Maharashtra | Criminal miscellaneous application | Filed against the company by The State of Maharashtra | Pending |
To see the full case history of Ultra Plus Lubes 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 Ultra Plus Lubes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ultra Plus Lubes Private Limited has a workforce of 97 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
97
Active EPFO establishments
1
Employee growth
14.12%
GST
Ultra Plus Lubes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU6623Q1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ultra Plus Lubes Private Limited, buy the company report.
Recent activity
Ultra Plus Lubes Private Limited has 7 board changes on record since 2003: 5 appointments and 2 cessations. The latest: Seema Prashant Naik ceased to be Additional Director on 29 Nov 2021.
AGM
Ultra Plus Lubes Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 23 Nov 2022 via Charge ID 100652956 with Others was fully satisfied on 23 Dec 2024.
Charges
A charge registered on 27 May 2022 via Charge ID 100591790 with Others was fully satisfied on 23 Dec 2024.
Filing
Ultra Plus Lubes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100652956 was registered on 23 Nov 2022.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100591790 was registered on 27 May 2022.
Ceased
Seema Prashant Naik ceased to be Additional Director.
Ceased
Swapna Narayan Savant ceased to be Additional Director.
Charges
A charge registered on 06 May 2004 via Charge ID 90148719 with Vijaya Bank was fully satisfied on 18 Nov 2020.
Charges
A charge registered on 20 Mar 2004 via Charge ID 90148636 with Vijaya Bank was fully satisfied on 18 Nov 2020.
Appointed
Seema Prashant Naik was appointed as Director.
Appointed
Swapna Narayan Savant was appointed as Director.
7 earlier events are in the company report.
Frequently asked questions
Ultra Plus Lubes is an active private limited company based in Panvel, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 30 October 2003 (23+ years old) and is registered under CIN U23201MH2003PTC142937.
Ultra Plus Lubes has 5 current directors:
- Lata Narayan Savant - Director
- Swapna Narayan Savant - Director
- Seema Prashant Naik - Director
- Siddesh Narayan Savant - Director
- Narayan Nilkanth Savant - Director
The latest financial statements of Ultra Plus Lubes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ultra Plus Lubes is 27AAACU6623Q1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ultra Plus Lubes is U23201MH2003PTC142937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ultra Plus Lubes has 3 court cases on record: 1 filed by the company and 2 filed against it. 3 are pending.
Ultra Plus Lubes was incorporated on 30 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ultra Plus Lubes by revenue are Nick Petrochem Private Limited, Offshore Petrolubes Private Limited, Cauldron Petrotech India Private Limited, Sidhvinayak Bitumen Enterprise Private Limited, all in the Chemicals industry (Petrochemicals), with the same principal business activity (coke and refined petroleum products).
Seema Prashant Naik ceased to be Additional Director on 29 Nov 2021. Swapna Narayan Savant ceased to be Additional Director on 29 Nov 2021. Seema Prashant Naik was appointed as Director on 15 Sep 2020. Ultra Plus Lubes has 7 board changes on record in total.
Yes, Ultra Plus Lubes is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-27-0003952).
Ultra Plus Lubes can be reached through the website ultralub.co.in. Its registered office is in Panvel, Maharashtra, India.