About Nova Lubes Pvt Ltd
Data last updated:
Nova Lubes Pvt Ltd is a private limited company based in Nagpur, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 18 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15140MH1992PTC067301. Its GSTIN is 27AAACN6072C1ZP (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Akash Anil Mehta and Anil Mehta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 187/4 Mahur Jharivillage Road Mahur Jhari, Nagpur, Maharashtra, India – 441501.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.35 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹2.06 Lakh (net margin -1.5%) and EBITDA of ₹9.11 Lakh (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹56.93 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novalubes.com.
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- Registered Address187/4 Mahur Jharivillage Road Mahur Jhari, Nagpur, Maharashtra, India – 441501
- IndustryChemicals and Materials, Petrochemicals & Derivatives
- 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
- One PDF report, delivered after checkout
Business Activity of Nova Lubes Pvt Ltd
The main business activity of Nova Lubes is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nova Lubes Pvt Ltd FY 2025 filings available
Nova Lubes Pvt Ltd reported revenue of ₹1.35 Cr (down 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nova Lubes Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 49% fall in the latest year. EBITDA fell 12% 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 of Nova Lubes Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.11 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.06 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Nova Lubes Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nova Lubes are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Nova Lubes Pvt Ltd
Nova Lubes Pvt Ltd is compared with the companies closest to it by revenue in the Chemicals industry (Petrochemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maha LPG Private Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | 152.0% | •••• | Dharwad, Karnataka, India |
| M2j Technology Private Limited | ₹1.37 Cr (FY 2023) | •••• | •••• | 140.0% | •••• | Chennai, Tamil Nadu, India |
| Nilmac Packaging Industries Private Limited | ₹1.37 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Friend Asphalt Private Limited | ₹1.36 Cr (FY 2025) | •••• | •••• | 4309.0% | •••• | Mathura, Uttar Pradesh, India |
| Vci Chemical Industries Limited | ₹1.35 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Kanpur, Uttar Pradesh, India |
| Nova Lubes Pvt Ltd this company | ₹1.35 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Nagpur, Maharashtra, India |
| Taloja Petrochemicals Private Limited | ₹1.35 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Navi Mumbai, Maharashtra, India |
| Rooshi Petro-Chem Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Ahmedabad, Gujarat, India |
| Impex Petrochem Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Kolkata, West Bengal, India |
| Maharashtra Petrochemicals Corporation Limited | ₹1.31 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Navi Mumbai, Maharashtra, India |
| In Power Oil Industries Private Limited | ₹1.3 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Nova Lubes by revenue in the Chemicals industry (Petrochemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nova Lubes Pvt Ltd
Nova Lubes Pvt Ltd is audited by GANERIWALA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GANERIWALA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nova Lubes Pvt Ltd
Nova Lubes has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Anil Mehta | Director | 12 Jan 2017 | 9 Years 8 Months | Current |
| Anil Mehta | Director | 18 Jun 1992 | 34 Years 3 Months | Current |
Ownership and Shareholding of Nova Lubes Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nova Lubes Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Apr 1996 | State Bank of India | ₹56.93 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Nova Lubes Pvt Ltd
Employment history and EPFO contributions of people linked to Nova Lubes.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nova Lubes Pvt Ltd
Nova Lubes Pvt Ltd has 5 board changes on record since 1992: 2 appointments and 3 cessations. The latest: Akash Anil Mehta ceased to be Additional Director on 29 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Nova Lubes Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nova Lubes Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nova Lubes Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nova Lubes Pvt Ltd
Nova Lubes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN6072C1ZP | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nova Lubes Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nova Lubes Pvt Ltd
Nova Lubes is an active private limited company based in Nagpur, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 18 June 1992 (34+ years old) and is registered under CIN U15140MH1992PTC067301.
Nova Lubes reported revenue of ₹1.35 Cr for FY 2025 (down 49% YoY).
Nova Lubes has 2 current directors:
- Akash Anil Mehta - Director
- Anil Mehta - Director
Nova Lubes reported a net loss of ₹2.06 Lakh (net margin -1.5%) and EBITDA of ₹9.11 Lakh (EBITDA margin 6.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nova Lubes is -25% over three years and -7% over five years. In the latest year (FY 2025) revenue fell 49%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nova Lubes is 27AAACN6072C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nova Lubes is U15140MH1992PTC067301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nova Lubes was incorporated on 18 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nova Lubes by revenue are Maha LPG Private Limited, M2j Technology Private Limited, Nilmac Packaging Industries Private Limited, Friend Asphalt Private Limited, Vci Chemical Industries Limited and 5 more, all in the Chemicals industry (Petrochemicals).
Akash Anil Mehta ceased to be Additional Director on 29 Sep 2017. Ajay Dariyailal Mehta ceased to be Director on 12 Jan 2017. Akash Anil Mehta was appointed as Director on 12 Jan 2017. Nova Lubes has 5 board changes on record in total.
Nova Lubes can be reached through the website novalubes.com. Its registered office is in Nagpur, Maharashtra, India.