About Oilcore Services Private Limited
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Oilcore Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the oil and gas service contractors segment of the energy and power sector. It was incorporated on 23 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U11100MH2008PTC178152. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Aishwarya Ram Shetty and Dhiraj Jayaram Shetty.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 11/13 Botawala Building 3rd Floor Horniman Circle, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2016, the company reported a revenue of ₹4.19 Cr, a growth of 109% compared to the previous year. For the same year it recorded a net profit of ₹8.66 Lakh (net margin 2.1%) and EBITDA of ₹37.45 Lakh (EBITDA margin 8.9%).
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.95 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website oilcore.in.
Company details
Contact details
Oilcore Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is oilcore.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address11/13 Botawala Building 3rd Floor Horniman Circle, Mumbai, Maharashtra, India – 400023
- IndustryEnergy and Power, Oil & Gas Service Contractors
To see the full contact details of Oilcore Services 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 Oilcore Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Oilcore Services Private Limited, buy the company report.
Financials of Oilcore Services Private Limited
FY 2016 filings availableOilcore Services Private Limited reported revenue of ₹4.19 Cr (up 109% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 109% in the latest year. EBITDA rose 122% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹4.19 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹37.45 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹8.66 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.9% | |
| Net Profit Margin | 2.1% | |
| 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 Oilcore Services Private Limited, buy the company report.
Board of directors of Oilcore Services Private Limited
Oilcore Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aishwarya Ram Shetty | Additional Director | 05 Dec 2016 | 9 Years 11 Months | Current |
| Dhiraj Jayaram Shetty | Additional Director | 07 May 2016 | 10 Years 6 Months | Current |
Auditor
Oilcore Services Private Limited is audited by G M J & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G M J & CO | FY 2016 | 103429W |
Shareholding
The shareholding of Oilcore Services Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Oilcore Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2009 | 10155642 | Small Industries Development Bank of India | ₹1.95 Cr | Open |
To see the full charge records of Oilcore Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Oilcore Services 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 Oilcore Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Oilcore Services Private Limited has a workforce of 4 employees on its EPFO records as of Apr 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 4 |
| FY 2016-17 |
To see the full employee and EPFO history of Oilcore Services Private Limited, buy the company report.
GST
Oilcore Services has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Oilcore Services Private Limited, buy the company report.
Recent activity
Oilcore Services Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Abhijeet Ram Shetty ceased to be Director on 05 Dec 2016.
Frequently asked questions
Oilcore Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in oil and gas service contractors, within the energy and power industry. It was incorporated on 23 January 2008 (18+ years old) and is registered under CIN U11100MH2008PTC178152.
Oilcore Services has 2 current directors:
- Aishwarya Ram Shetty - Additional Director
- Dhiraj Jayaram Shetty - Additional Director
The latest financial statements of Oilcore Services on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Oilcore Services has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Oilcore Services is U11100MH2008PTC178152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oilcore Services was incorporated on 23 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhijeet Ram Shetty ceased to be Director on 05 Dec 2016. Aishwarya Ram Shetty was appointed as Additional Director on 05 Dec 2016. Dhiraj Jayaram Shetty was appointed as Additional Director on 07 May 2016. Oilcore Services has 6 board changes on record in total.
Oilcore Services can be reached through the website oilcore.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Oilcore Services is at 1113 Botawala Building 3rd Floor Horniman Circle, Mumbai, Maharashtra, India – 400023.
Oilcore Services operates in the energy and power industry, in the oil and gas service contractors segment.
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