MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-16-0001386
_PRIVATE_LIMITED_378413.webp)
Novatech Oil (I) Private Limited - food and beverages in Salbani, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹48.05 Cr
▼ 28% YoY
Net profit · FY 2024
₹30.37 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹1.59 Cr
EBITDA margin 3.3%
Authorised capital
₹1.6 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹10.09 Cr
Satisfied ₹9.64 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
31
Provident fund records
About Novatech Oil (I) Private Limited
Data last updated:
Novatech Oil (I) Private Limited is a private limited company based in Salbani, West Bengal, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 11 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U01112WB2016PTC275458. Its GSTIN is 19AAFCN3354E1ZI (West Bengal).
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1 Cr. It is led by directors Paushali Soumadeep Ghosh and Tadrishee Rajdeep Ghosh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Salbani, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.05 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹30.37 Lakh (net margin 0.6%) and EBITDA of ₹1.59 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.09 Cr and satisfied charges of ₹9.64 Cr on record.
Novatech Oil (I) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-16-0001386). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novatechoil.com.
Company details
CIN U01112WB2016PTC275458
Registration Number 275458
Incorporation Date 11 July 2016
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-16-0001386
CIN history
Novatech Oil (I) has one previous CIN (Corporate Identification Number): U01112MH2016PTC283496. The current CIN is U01112WB2016PTC275458, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01112WB2016PTC275458 | Current |
| U01112MH2016PTC283496 | Previous |
Recognitions & Rankings of Novatech Oil (I)
Contact details
Novatech Oil (I) Private Limited's registered office is in Salbani, West Bengal.
- Social Media
- Registered AddressR.S. & L.R. Plot No. 50/107 – 109 111 Village Nischintapur, P.O. Bhadutala P.S. Salboni District Paschim Medinipur, Salbani, West Bengal, India – 721129
- IndustryFood and Beverages, Edible Oils & Cooking Fats
Comprehensive company report
Novatech Oil (I) 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Novatech Oil (I) is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Novatech Oil (I) Private Limited, buy the company report.
Financials of Novatech Oil (I) Private Limited
FY 2024 filings availableNovatech Oil (I) Private Limited reported revenue of ₹48.05 Cr (down 28% YoY) for FY 2024.
Revenue · FY 2024
₹48.05 Cr ▼ 28%
Net profit · FY 2024
₹30.37 Lakh margin 0.6%
EBITDA · FY 2024
₹1.59 Cr margin 3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 8%
5 years · compounded
▼ 7%
Revenue fell 28% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 17% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.37 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Novatech Oil (I) Private Limited, buy the company report.
Board of directors of Novatech Oil (I) Private Limited
Novatech Oil (I) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paushali Soumadeep Ghosh | Additional Director | 10 Mar 2023 | 3 Years 7 Months | Current |
| Tadrishee Rajdeep Ghosh | Additional Director | 10 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Novatech Oil (I) Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kanhaiya Solvex Private Limited | ₹49.34 Cr (FY 2025) | -12.0% | Punjab, India | |||
| Jugal Kishore Vanaspati Products Private Limited | ₹48.19 Cr (FY 2024) | -17.0% | Bikaner, Rajasthan, India | |||
| Novatech Oil (I) Private Limitedthis company | ₹48.05 Cr (FY 2024) | ₹30.37 Lakh | 0.6% | -28.0% | Salbani, West Bengal, India | |
| Sai Solvex Private Limited | ₹47.67 Cr (FY 2025) | -15.0% | Muktsar, Punjab, India | |||
| Mahakaleshwar Oils Private Limited | ₹47.6 Cr (FY 2024) | 19.0% | Morena, Madhya Pradesh, India | |||
| Moloco Dairy Products Private Limited | ₹47.59 Cr (FY 2024) | 21.0% | Dewas, Madhya Pradesh, India |
To see the full peer comparison of Novatech Oil (I) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.09 Cr
Satisfied charges
₹9.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2025 | 101131560 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 13 Jan 2025 | 101032680 | Others | ₹48 Lakh | Open | |
| 11 Aug 2022 | 100691624 | Hdfc Bank Limited | ₹15.06 Lakh | Open | |
| 30 Sep 2021 | 100517519 | Hdfc Bank Limited | ₹9.21 Cr | Open | |
| 08 Apr 2019 | 100257217 | Others | ₹55.2 Lakh | Satisfied |
To see the full charge records of Novatech Oil (I) Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Novatech Oil (I) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Novatech Oil (I) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novatech Oil (I) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAFCN3354E1ZI | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novatech Oil (I) Private Limited, buy the company report.
Recent activity
Novatech Oil (I) Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Madhuri Sukumar Ghosh ceased to be Director on 15 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 101131560 was registered on 23 Apr 2025.
Charges
A charge with Others amounted to Rs. 0.48 Cr with Charge ID 101032680 was registered on 13 Jan 2025.
AGM
Novatech Oil (I) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 08 Apr 2019 via Charge ID 100257217 with Others was fully satisfied on 01 Jul 2024.
Filing
Novatech Oil (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge registered on 05 Jan 2017 via Charge ID 100077758 with Axis Bank Limited was fully satisfied on 16 Feb 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 9.21 Cr registered on 30 Sep 2021 with Charge ID 100517519 was modified on 05 Feb 2024.
Ceased
Madhuri Sukumar Ghosh ceased to be Director.
Ceased
Rajdeep Sukumar Ghosh ceased to be Additional Director.
Appointed
Paushali Soumadeep Ghosh was appointed as Additional Director.
Appointed
Tadrishee Rajdeep Ghosh was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100691624 was registered on 11 Aug 2022.
7 earlier events are in the company report.
Frequently asked questions
Novatech Oil (I) is an active private limited company based in Salbani, West Bengal, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 11 July 2016 (10+ years old) and is registered under CIN U01112WB2016PTC275458.
Novatech Oil (I) has 2 current directors:
- Paushali Soumadeep Ghosh - Additional Director
- Tadrishee Rajdeep Ghosh - Additional Director
The latest financial statements of Novatech Oil (I) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Novatech Oil (I) is 19AAFCN3354E1ZI, registered in West Bengal.
The CIN (Corporate Identification Number) of Novatech Oil (I) is U01112WB2016PTC275458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novatech Oil (I) was incorporated on 11 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Novatech Oil (I) by revenue are Kanhaiya Solvex Private Limited, Jugal Kishore Vanaspati Products Private Limited, Sai Solvex Private Limited, Mahakaleshwar Oils Private Limited, Moloco Dairy Products Private Limited, all in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products).
Madhuri Sukumar Ghosh ceased to be Director on 15 Mar 2023. Rajdeep Sukumar Ghosh ceased to be Additional Director on 15 Mar 2023. Paushali Soumadeep Ghosh was appointed as Additional Director on 10 Mar 2023. Novatech Oil (I) has 6 board changes on record in total.
Yes, Novatech Oil (I) is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-16-0001386).
Novatech Oil (I) can be reached through the website novatechoil.com. Its registered office is in Salbani, West Bengal, India.
The registered office of Novatech Oil (I) is at R.S. & L.R. Plot No. 50107 – 109 111 Village Nischintapur, P.O. Bhadutala P.S. Salboni District Paschim Medinipur, Salbani, West Bengal, India – 721129.