Navkar Petronet LLP

Navkar Petronet LLP - energy and power in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
LLPIN AAM-2845 Incorporated 22 March 2018 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Limited Liability Partnership energy and power MSME · Medium
Data last updated
Revenue · FY 2024
₹102.56 Cr
▼ 20% YoY
Net profit · FY 2024
₹78.93 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹47.69 Lakh
EBITDA margin 0.5%
Contribution obligation
₹1.4 Cr
As per LLP agreement
Open charges
₹2.37 Cr
Satisfied ₹5 Cr
LLP age
8 yrs
Est. 2018
Designated partners
2
As per MCA filings
Active GSTINs
4
GST registered

About Navkar Petronet LLP

Data last updated:

Navkar Petronet LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the oil and gas distribution and transmission segment of the energy and power sector. It was incorporated on 22 March 2018 and has been in existence for over 8 years.

The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAM-2845. Its GSTIN is 08AAPFN2016E1ZG (Rajasthan). The LLP holds 4 GST registrations, all of them active.

The LLP has a total obligation of contribution of ₹1.4 Cr. It is led by designated partners Vinaykumar Kailashchandra Jain and Kinchit Jain.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 25 Madhusudan Business Park Near Man Petrol Pump Opp.GIDC Naroda, Ahmedabad, Gujarat, India – 382330.

As per the financials filed for FY 2024, the LLP reported a revenue of ₹102.56 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹78.93 Lakh (net margin 0.8%) and EBITDA of ₹47.69 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.

As per MCA filings, the LLP has open charges of ₹2.37 Cr and satisfied charges of ₹5 Cr on record. Court records list 2 cases involving the LLP, including 2 filed by the LLP.

Navkar Petronet LLP is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0109714).

Company details

LLPIN AAM-2845
Incorporation Date 22 March 2018
Total Obligation of Contribution ₹1.4 Cr
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2026
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0109714
Key People
Vinaykumar Kailashchandra Jain Designated Partner Kinchit Jain Designated Partner

Recognitions & Rankings of Navkar Petronet

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0109714

Contact details

Navkar Petronet LLP's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    25 Madhusudan Business Park Near Man Petrol Pump Opp.GIDC Naroda, Ahmedabad, Gujarat, India – 382330
  • Industry
    Energy and Power, Oil & Gas Distribution & Transmission

To see the full contact details of Navkar Petronet LLP, buy the company report.

Comprehensive company report
Navkar Petronet LLP - 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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Financials of Navkar Petronet LLP

FY 2025 filings available

Navkar Petronet LLP reported revenue of ₹102.56 Cr (down 20% YoY) for FY 2024.

Revenue · FY 2024
₹102.56 Cr ▼ 20%
Net profit · FY 2024
₹78.93 Lakh margin 0.8%
EBITDA · FY 2024
₹47.69 Lakh margin 0.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 3%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 68%

Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 68% 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

Statement of Account and SolvencyFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income and Expenditure
Turnover
Other Income
Total Income₹102.56 Cr
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹78.93 Lakh
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
Net Profit Margin0.8%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Navkar Petronet LLP, buy the company report.

Designated partners of Navkar Petronet LLP

Navkar Petronet has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Vinaykumar Kailashchandra Jain
Also directs: Samuel Exim LLP
Designated Partner22 Mar 20188 Years 7 MonthsCurrent
Kinchit Jain
Also directs: Samuel Exim LLP
Designated Partner28 Jun 20233 Years 4 MonthsCurrent
View all designated partners

Charges & borrowings

Open charges
₹2.37 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
The Kalupur Commercial Co-Operative Bank Limited₹2.00 Cr
Hdfc Bank Limited₹0.37 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Mar 2026101271737Hdfc Bank Limited₹37.01 LakhOpen
14 Feb 2019100245093The Kalupur Commercial Co-Operative Bank Limited₹2 CrOpen
01 Aug 2023100776300Icici Bank Limited₹5 CrSatisfied

To see the full charge records of Navkar Petronet LLP, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

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

GST

Navkar Petronet has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
08AAPFN2016E1ZGRajasthanActive04 Jun 2018
23AAPFN2016E1ZOMadhya PradeshActive05 Jun 2018
24AAPFN2016E1ZMGujaratActive05 Jun 2018
27AAPFN2016E1ZGMaharashtraActive12 Jun 2018

To see the full GST registrations and return filing status of Navkar Petronet LLP, buy the company report.

Recent activity

Navkar Petronet LLP has 3 designated partner changes on record since 2018: 2 appointments and 1 cessation. The latest: Kinchit Jain was appointed as Designated Partner on 28 Jun 2023.

AGM
Navkar Petronet Llp last Annual general meeting of members was held on 31 Mar 2026 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.37 Cr with Charge ID 101271737 was registered on 27 Mar 2026.
Filing
Navkar Petronet Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 01 Aug 2023 via Charge ID 100776300 with Icici Bank Limited was fully satisfied on 02 Aug 2024.
Charges
A charge with Icici Bank Limited of Rs. 5.00 Cr registered on 01 Aug 2023 with Charge ID 100776300 was modified on 29 Dec 2023.
Charges
A charge with Icici Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100776300 was registered on 01 Aug 2023.
Appointed
Kinchit Jain was appointed as Designated Partner.
Ceased
Rishika Vinay Jain ceased to be Designated Partner.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100245093 was registered on 14 Feb 2019.
Appointed
Vinaykumar Kailashchandra Jain was appointed as Designated Partner.
Incorporation
22 Mar 2018
Navkar Petronet Llp was registered on 22 Mar 2018 with Roc Ahmedabad & aged 8 years 7 months as per MCA records.

Frequently asked questions

Navkar Petronet is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in oil and gas distribution and transmission, within the energy and power industry. It was incorporated on 22 March 2018 (8+ years old) and is registered under LLPIN AAM-2845.

Navkar Petronet has 2 current designated partners:

The latest financial statements of Navkar Petronet on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2026. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Navkar Petronet is 08AAPFN2016E1ZG, registered in Rajasthan. The LLP has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 23AAPFN2016E1ZO (Madhya Pradesh), 24AAPFN2016E1ZM (Gujarat), 27AAPFN2016E1ZG (Maharashtra).

The LLPIN (Limited Liability Partnership Identification Number) of Navkar Petronet is AAM-2845. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Navkar Petronet has 2 court cases on record: 2 filed by the LLP.

Navkar Petronet was incorporated on 22 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Kinchit Jain was appointed as Designated Partner on 28 Jun 2023. Rishika Vinay Jain ceased to be Designated Partner on 28 Jun 2023. Vinaykumar Kailashchandra Jain was appointed as Designated Partner on 22 Mar 2018.

Yes, Navkar Petronet is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0109714).

The registered office of Navkar Petronet is at 25 Madhusudan Business Park Near Man Petrol Pump Opp.GIDC Naroda, Ahmedabad, Gujarat, India – 382330.