National Oxygen Limited - chemicals and materials in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN L24111TN1974PLC006819 Incorporated 23 December 1974 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Listed - BSE: 507813 Public Limited Company chemicals and materials MSME · Small
Data last updated
Market Cap
₹27.73 Cr
NOL · BSE
Share Price
₹55.60
+1.09% today
Revenue
₹22.96 Cr
FY 2025-26 · -43.4% YoY
EBITDA
−₹3.32 Cr
Margin -14.5%
Net Profit
−₹6.28 Cr
FY 2025-26 · +10.4% YoY
ROE
-95.9%
ROCE -12.9%
Debt / Equity
11.29
Interest cover -25.0x
Authorised capital
₹18.1 Cr
Registered with MCA

About National Oxygen Limited

Data last updated:

National Oxygen Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the industrial and specialty gases segment of the chemicals and materials sector. It was incorporated on 23 December 1974 and has been in existence for over 52 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L24111TN1974PLC006819. It is a listed company as per MCA records. Its shares are listed on BSE: 507813.

The company has an authorised share capital of ₹18.1 Cr and a paid-up capital of ₹5.04 Cr. It was formerly known as National Oxygen Private Limited. It is led by directors including Rajesh Kumar Saraf (Managing Director) and Shanmugavadivel Siva.

Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Door No. S – 1 Alsa Mall No.4 (Old No.149) Montieth Road Egmore, Chennai, Tamil Nadu, India – 600008.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹22.96 Cr, a decline of 43.4% compared to the previous year. For the same year it recorded a net loss of ₹6.28 Cr (net margin -27.4%) and EBITDA of -₹3.32 Cr (EBITDA margin -14.5%). The net worth stands at ₹2.79 Cr (up 213.5% YoY). Total assets are valued at ₹24.01 Cr (down 1.4% YoY).

The company has about 102 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: National Oxygen. As per MCA filings, the company has open charges of ₹27.96 Cr and satisfied charges of ₹85.57 Cr on record. Court records list 52 cases involving the company, including 30 filed by the company and 22 filed against it; 10 cases are pending. The company has 20 deals on record (19 market trades, 1 funding round), with disclosed funding of ₹12 Cr; the latest was in June 2026.

National Oxygen Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0105467). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nolgroup.com.

Company details

CIN L24111TN1974PLC006819
Registration Number 006819
Incorporation Date 23 December 1974
ROC Chennai
Listing Status Listed - Listed on BSE (507813)
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0105467

Recognitions & Rankings of National Oxygen

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0105467

Contact details

National Oxygen Limited's registered office is in Chennai, Tamil Nadu. Its website is nolgroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Door No. S – 1 Alsa Mall No.4 (Old No.149) Montieth Road Egmore, Chennai, Tamil Nadu, India – 600008
  • Industry
    Chemicals and Materials, Industrial & Specialty Gases

To see the full contact details of National Oxygen Limited, buy the company report.

Comprehensive company report
National Oxygen 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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Brands

National Oxygen operates one associated brand: National Oxygen. Each brand links to its own profile.

BrandDescriptionWebsite
Industrial gases are produced and supplied by National Oxygen.nolgroup.com

Business activity

The main business activity of National Oxygen is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of National Oxygen Limited, buy the company report.

Financials of National Oxygen Limited

FY 2025-26 filings available

National Oxygen Limited reported revenue of ₹22.96 Cr (down 43.4% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹22.96 Cr
-43.4% YoY
EBITDA
−₹3.32 Cr
-33.9% YoY
Profit After Tax
−₹6.28 Cr
+10.4% YoY
Net Worth
₹2.79 Cr
+213.5% YoY
Total Assets
₹24.01 Cr
-1.4% YoY
Total Debt
₹19.74 Cr
-9.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue22.9640.5845.2647.1150.6139.7643.93
Revenue growth-43.4%-10.3%-3.9%-6.9%+27.3%-9.5%-
EBITDA(3.32)(2.48)1.253.6711.436.266.39
EBITDA margin-14.5%-6.1%+2.8%+7.8%+22.6%+15.7%+14.6%
Profit before tax1.84(7.01)(3.22)(0.80)7.63(1.10)(1.55)
Net profit(6.28)(7.01)(3.27)(0.80)6.53(1.13)(1.60)
Net profit margin-27.4%-17.3%-7.2%-1.7%+12.9%-2.8%-3.6%
EPS (₹)3.64(13.89)(6.41)(1.65)15.88(2.28)(3.26)
Balance sheet
Total assets24.0124.3429.5930.0934.9131.1133.64
Net worth2.790.897.9011.0712.014.39(6.54)
Total debt19.7421.7919.7517.0620.8225.2138.60
Cash & bank0.550.560.492.156.471.011.05
Net working capital0.182.194.375.969.263.833.64
Cash flow
Cash from operations(1.09)(0.18)0.972.2311.596.534.83
Cash from investing4.55(0.21)(3.69)(0.62)0.40(0.70)(0.39)
Cash from financing(3.47)0.451.07(5.93)(6.54)(5.87)(4.30)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue3.053.975.046.377.588.6210.7810.61
Revenue growth (YoY)-59.8%-53.9%-53.3%-40.0%-28.3%---
Other income0.240.350.118.370.050.070.070.08
Total expenses4.295.065.786.818.6210.3911.5310.55
EBITDA(1.24)(1.09)(0.74)(0.44)(1.04)(1.77)(0.75)0.06
EBITDA margin-40.7%-27.5%-14.7%-6.9%-13.7%-20.5%-7.0%+0.6%
Depreciation0.550.560.570.580.610.610.870.87
Interest0.460.480.360.300.280.280.420.46
Profit before tax(2.01)(1.78)(1.56)7.05(1.88)(2.59)(1.97)(1.19)
Tax0.000.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 03 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue3.053.975.046.377.588.6210.7810.61
Revenue growth (YoY)-59.8%-53.9%-53.3%-40.0%-28.3%---
Other income0.240.350.118.370.050.070.070.08
Total expenses4.295.065.786.818.6210.3911.5310.55
EBITDA(1.24)(1.09)(0.74)(0.44)(1.04)(1.77)(0.75)0.06
EBITDA margin-40.7%-27.5%-14.7%-6.9%-13.7%-20.5%-7.0%+0.6%
Depreciation0.550.560.570.580.610.610.870.87
Interest0.460.480.360.300.280.280.420.46
Profit before tax(2.01)(1.78)(1.56)7.05(1.88)(2.59)(1.97)(1.19)
Tax0.000.000.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue22.9640.5845.2647.1150.6139.7643.93
Revenue growth-43.4%-10.3%-3.9%-6.9%+27.3%-9.5%-
Other income8.880.280.500.591.440.400.27
Total expenses26.2843.0644.0143.4439.1833.5037.54
Employee cost2.693.333.333.543.583.033.49
EBITDA(3.32)(2.48)1.253.6711.436.266.39
EBITDA margin-14.5%-6.1%+2.8%+7.8%+22.6%+15.7%+14.6%
Depreciation2.313.223.333.273.093.283.41
Interest1.411.591.641.792.154.484.80
Profit before tax1.84(7.01)(3.22)(0.80)7.63(1.10)(1.55)
Tax0.000.000.000.000.000.000.01
Net profit(6.28)(7.01)(3.27)(0.80)6.53(1.13)(1.60)
Net profit margin-27.4%-17.3%-7.2%-1.7%+12.9%-2.8%-3.6%
EPS (₹)3.64(13.89)(6.41)(1.65)15.88(2.28)(3.26)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.9413.9413.9416.8016.8016.804.80
Reserves & surplus(11.15)(13.05)(6.04)(5.73)(4.79)(12.41)(11.34)
Shareholders' funds (net worth)2.790.897.9011.0712.014.39(6.54)
Secured loans6.6714.7615.7012.0314.0020.0318.61
Unsecured loans13.077.034.055.036.825.1819.99
Total debt19.7421.7919.7517.0620.8225.2138.60
Total liabilities24.0124.3429.5930.0934.9131.1133.64
Assets
Gross block69.4069.2468.4265.1864.1167.2766.52
Net block18.4419.5821.9822.0824.2726.4829.01
Capital work in progress3.300.180.810.140.000.060.03
Investments0.160.330.080.050.100.210.19
Inventories0.630.931.011.120.890.630.46
Sundry debtors1.783.265.305.345.045.004.90
Cash & bank balances0.550.560.492.156.471.011.05
Loans & advances1.474.202.082.171.752.071.81
Total current assets4.438.958.8810.7814.158.718.22
Total current liabilities4.256.764.514.824.894.884.58
Net working capital0.182.194.375.969.263.833.64
Total assets24.0124.3429.5930.0934.9131.1133.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.560.492.156.471.011.050.91
Net cash from operating activities(1.09)(0.18)0.972.2311.596.534.83
Net cash from investing activities4.55(0.21)(3.69)(0.62)0.40(0.70)(0.39)
Net cash from financing activities(3.47)0.451.07(5.93)(6.54)(5.87)(4.30)
Net change in cash(0.01)0.07(1.66)(4.32)5.46(0.04)0.14
Closing cash0.550.560.492.156.471.011.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-43.4%-10.3%-3.9%-6.9%+27.3%-9.5%-
EBITDA growth-33.9%-298.4%-65.9%-67.9%+82.6%-2.0%-
PBT growth+9998.0%-117.7%-302.5%-+9998.0%+29.0%-
Net income growth+10.4%-114.4%-308.8%-112.3%+677.9%+29.4%-
Revenue CAGR (3Y)-21.3%-7.1%+4.4%+2.4%+3.1%-1.3%+6.8%
EBITDA CAGR (3Y)---41.6%-16.9%+10.1%+3.7%+11.6%
Profitability & leverage
Net income margin+8.0%-17.3%-7.1%-1.7%+15.1%-2.8%-3.6%
Return on capital employed-12.9%0.0%0.0%0.0%+20.7%0.0%0.0%
Return on net worth-95.9%0.0%0.0%0.0%+125.2%0.0%0.0%
Debt / equity11.294.731.941.642.810.000.00
Long-term debt / equity7.883.281.250.931.560.000.00
Interest cover-25.04-27.89-78.85447.5025.78150.34161.07
Efficiency & per share
Fixed asset turnover0.330.590.680.730.770.590.66
Inventory turnover29.4441.8442.5046.8866.5972.95122.03
Debtors turnover9.119.488.519.0810.088.039.63
EPS (₹)3.64(13.89)(6.41)(1.65)15.88(2.28)(3.26)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)(12.11)(15.88)(1.98)(1.94)0.03(15.84)(13.61)

To see the full year-wise statements and ratios of National Oxygen Limited, buy the company report.

Board of directors of National Oxygen Limited

National Oxygen has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajesh Kumar SarafManaging Director30 Nov 199233 Years 11 MonthsCurrent
Shanmugavadivel SivaDirector10 Feb 20179 Years 8 MonthsCurrent
Amit Kumar AgarwalDirector16 Mar 20206 Years 7 MonthsCurrent
Sarita SarafDirector10 Feb 20188 Years 8 MonthsCurrent
Mona Milan ParekhDirector26 May 20188 Years 5 MonthsCurrent

Auditor

National Oxygen Limited is audited by PSDY & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PSDY & ASSOCIATESFY 2023010625S

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 69.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 30.40%.

Promoters: 69.60%Retail & Others: 30.40%
Mar 2026
QUARTER
69.60% Promoters
30.40% Retail & Others
Promoter holding - history
Now 69.60% · Mar 2026High 71.30% · Jun 2025Low 69.60% · Mar 2026
68%69.3%70.5%71.8%73%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 71.30%Sep 2025: 71.20%Dec 2025: 70.20%Mar 2026: 69.60%71.30%69.60%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters69.60%70.20%71.20%71.30%
Public30.40%29.80%28.80%28.70%

Charges & borrowings

Open charges
₹27.96 Cr
Satisfied charges
₹85.57 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹27.96 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Sep 2023100799326Hdfc Bank Limited₹33.46 LakhOpen
30 Aug 2023100809780Hdfc Bank Limited₹2.07 CrOpen
08 Sep 2022100613211Hdfc Bank Limited₹24.96 CrOpen
31 Oct 2020100413389Hdfc Bank Limited₹59.91 LakhOpen
16 Mar 2022100553699Others₹20.5 CrSatisfied

To see the full charge records of National Oxygen Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

National Oxygen Limited has 20 deals on record (19 market trades, 1 funding round), with disclosed funding of ₹12 Cr; the latest was in June 2026.

Total deals
20
Market trades
19
Funding round
1
Disclosed funding
₹12 Cr

Deals on record (5 of 20)

WhenDealAmountParties
Jun 2026Market trade₹27.7 LakhBuyer: an individual
Seller: an individual
Mar 2021Funding round₹12 CrInvestors: Saraf Housing Development Private Limited
Apr 2011Market trade₹66 LakhBuyer: NBN Fintrade Private Limited
Seller: NBN Fintrade Private Limited
Apr 2010Market trade₹44.6 LakhBuyer: BDS Share Brokers Private Limited , an individual
Seller: BDS Share Brokers Private Limited
Jul 2009Market trade₹23.6 LakhBuyer: Vinod Shares Limited
Seller: Vinod Shares Limited

To see the full deal history of National Oxygen Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for National Oxygen Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

National Oxygen Limited has a workforce of 102 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
102
Active EPFO establishments
1
Employee growth
-1.92%

GST

No GST registration is on our record for National Oxygen Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

National Oxygen Limited has 20 board changes on record since 1992: 7 appointments and 13 cessations. The latest: Shanmugavadivel Siva ceased to be Director on 27 Aug 2022.

Filing
National Oxygen Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
AGM
National Oxygen Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.33 Cr with Charge ID 100799326 was registered on 13 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.07 Cr with Charge ID 100809780 was registered on 30 Aug 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 24.96 Cr registered on 08 Sep 2022 with Charge ID 100613211 was modified on 21 Apr 2023.
Charges
A charge registered on 11 Jun 2020 via Charge ID 100369373 with Others was fully satisfied on 13 Sep 2022.
Charges
A charge registered on 25 Sep 2013 via Charge ID 10460488 with Punjab National Bank was fully satisfied on 13 Sep 2022.
Charges
A charge registered on 11 Jan 1995 via Charge ID 90287339 with Punjab National Bank was fully satisfied on 13 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.96 Cr with Charge ID 100613211 was registered on 08 Sep 2022.
Charges
A charge registered on 16 Mar 2022 via Charge ID 100553699 with Others was fully satisfied on 01 Sep 2022.
Charges
A charge registered on 16 Mar 2022 via Charge ID 100553702 with Others was fully satisfied on 01 Sep 2022.
Ceased
Shanmugavadivel Siva ceased to be Director.

33 earlier events are in the company report.

Frequently asked questions

National Oxygen is an active public limited company based in Chennai, Tamil Nadu, India. The company works in industrial and specialty gases, within the chemicals and materials industry. It was incorporated on 23 December 1974 (52+ years old) and is registered under CIN L24111TN1974PLC006819. Listed on BSE: 507813.

National Oxygen reported revenue of ₹22.96 Cr for FY 2025-26 (down 43.4% YoY) based on standalone financials.

National Oxygen has 5 current directors:

The latest financial statements of National Oxygen on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of National Oxygen is L24111TN1974PLC006819. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. National Oxygen is a listed company as per MCA records. Its shares are listed on BSE (code: 507813).

National Oxygen has 52 court cases on record: 30 filed by the company and 22 filed against it. 10 are pending. Most are in the high courts.

National Oxygen was incorporated on 23 December 1974, making it 52+ years old. It is registered with the Registrar of Companies, Chennai.

National Oxygen has 20 deals on record (19 market trades, 1 funding round), with disclosed funding of ₹12 Cr; the latest was in June 2026.

Shanmugavadivel Siva ceased to be Director on 27 Aug 2022. Raghavan Gopalaswami ceased to be Company Secretary on 01 Oct 2020. Amit Kumar Agarwal ceased to be Additional Director on 19 Sep 2020. National Oxygen has 20 board changes on record in total.