About National Refinery Private Limited
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National Refinery Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 29 June 1955 and has been in existence for over 71 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27205MH1955PTC009587. Its GSTIN is 27AAACN2799J1Z0 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹34.65 Lakh. It was formerly known as National Refinery Limited. It is led by directors including Mahesh Bhogilal Sonawala (Whole-Time Director) and Amit Jayvant Sonawala (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Milan Buildig87 Tardeo Road, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2025, the company reported a revenue of ₹84.97 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.64 Lakh (net margin 20.8%) and EBITDA of ₹21.92 Lakh (EBITDA margin 25.8%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 46% over five years.
As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹2.5 Cr on record. Court records list 23 cases involving the company, including 11 filed by the company and 12 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nrpl.co.in.
Company details
Contact details
National Refinery Private Limited's registered office is in Mumbai, Maharashtra. Its website is nrpl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMilan Buildig87 Tardeo Road, Mumbai, Maharashtra, India – 400034
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of National Refinery 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
Business activity
The main business activity of National Refinery is manufacturing. In detail, this covers manufacture of food products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of National Refinery Private Limited, buy the company report.
Financials of National Refinery Private Limited
FY 2025 filings availableNational Refinery Private Limited reported revenue of ₹84.97 Lakh (up 169% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 169% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 46%. EBITDA rose 18% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹21.92 Lakh | ||||
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| Net Profit (PAT) | ₹17.64 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 25.8% | ||||
| Net Profit Margin | 20.8% | ||||
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To see the full financial statements and ratios of National Refinery Private Limited, buy the company report.
Board of directors of National Refinery Private Limited
National Refinery has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Bhogilal Sonawala | Whole-Time Director | 25 Feb 2020 | 6 Years 8 Months | Current |
| Amit Jayvant Sonawala Also directs: Purple Finance Limited | Whole-Time Director | 28 Jan 2020 | 6 Years 9 Months | Current |
| Ashokkumar Keshavlal Sonawala | Whole-Time Director | 30 Dec 2019 | 6 Years 9 Months | Current |
Auditor
National Refinery Private Limited is audited by H & J ASSOCIATES CHARTERED ACCOUNTANTS for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H & J ASSOCIATES CHARTERED ACCOUNTANTS | FY 2024 | 126585W |
Shareholding
The shareholding of National Refinery Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of National Refinery Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2005 | 90241538 | Bank of India | ₹20 Lakh | Open | |
| 30 Jan 2008 | 10098062 | Bank of India | ₹1.25 Cr | Satisfied | |
| 07 Nov 1989 | 80015107 | Bank of India | ₹1.25 Cr | Satisfied |
To see the full charge records of National Refinery Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
National Refinery Private Limited has 23 court cases on record: 11 filed by National Refinery, 12 filed against it. 1 case is pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 5 | 0 |
| District courts | 7 | 5 | 1 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by New Ideal Cooperative Housing Society Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by an individual | Disposed |
| Bombay High Court | Tax appeal | Filed by the company against The Deputy Commissioner of Income-Tax Circle-5(2) | Disposed |
| Bombay High Court | Tax appeal | Filed by the company against The Asstt. Commissioner of Income-Tax, Circle-5(2) | Disposed |
To see the full case history of National Refinery 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 National Refinery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
National Refinery has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
GST
National Refinery has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN2799J1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of National Refinery Private Limited, buy the company report.
Recent activity
National Refinery Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Mahesh Bhogilal Sonawala was appointed as Whole-Time Director on 25 Feb 2020.
Frequently asked questions
National Refinery is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 29 June 1955 (71+ years old) and is registered under CIN U27205MH1955PTC009587.
National Refinery has 3 current directors:
- Mahesh Bhogilal Sonawala - Whole-Time Director
- Amit Jayvant Sonawala - Whole-Time Director
- Ashokkumar Keshavlal Sonawala - Whole-Time Director
The latest financial statements of National Refinery on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of National Refinery is 27AAACN2799J1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of National Refinery is U27205MH1955PTC009587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
National Refinery has 23 court cases on record: 11 filed by the company and 12 filed against it. 1 is pending. Most are in the high courts.
National Refinery was incorporated on 29 June 1955, making it 71+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahesh Bhogilal Sonawala was appointed as Whole-Time Director on 25 Feb 2020. Amit Jayvant Sonawala was appointed as Whole-Time Director on 28 Jan 2020. Ashokkumar Keshavlal Sonawala was appointed as Whole-Time Director on 30 Dec 2019. National Refinery has 4 board changes on record in total.
National Refinery can be reached through the website nrpl.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of National Refinery is at Milan Buildig87 Tardeo Road, Mumbai, Maharashtra, India – 400034.