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About Oilex Engineers (India) Private Limited
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Oilex Engineers (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 23 October 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45208MH1986PTC041362. Its GSTIN is 27AAACO3080F1ZO (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹73.12 Lakh. It is led by directors including Prerak Kirit Kumar Shah and Mahesh Mahadeva Kini.
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 101 Akshaya Plaza1St Floor Chembur, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.35 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹3.59 Cr (net margin 12.2%) and EBITDA of ₹6.72 Cr (EBITDA margin 22.9%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 6% over five years.
The company is associated with 1 brand: Oilex Engineers. As per MCA filings, the company has satisfied charges of ₹8.14 Cr on record. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹54.8 Lakh; the latest was in January 2023. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 55 overdue payments to 11 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oilexindia.com.
Company details
Contact details
Oilex Engineers (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is oilexindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address101 Akshaya Plaza1St Floor Chembur, Mumbai, Maharashtra, India – 400071
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Oilex Engineers (India) 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
Brands
Oilex Engineers (India) operates one associated brand: Oilex Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacture and export of solvent extraction plants and related services for vegetable oil processing in India. | oilexindia.com |
Business activity
The main business activity of Oilex Engineers (India) is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Oilex Engineers (India) Private Limited, buy the company report.
Financials of Oilex Engineers (India) Private Limited
FY 2025 filings availableOilex Engineers (India) Private Limited reported revenue of ₹29.35 Cr (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 7% 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 | ₹6.72 Cr | ||||
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| Net Profit (PAT) | ₹3.59 Cr | ||||
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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 | 22.9% | ||||
| Net Profit Margin | 12.2% | ||||
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To see the full financial statements and ratios of Oilex Engineers (India) Private Limited, buy the company report.
Board of directors of Oilex Engineers (India) Private Limited
Oilex Engineers (India) has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prerak Kirit Kumar Shah | Director | 15 Oct 2022 | 4 Years 0 Months | Current |
| Mahesh Mahadeva Kini Also directs: Kini Global Tech LLP | Director | 15 Oct 2022 | 4 Years 0 Months | Current |
| Radhika Mahadev Kini | Director | 23 Oct 1986 | 40 Years 0 Months | Current |
| Darshanika Kiritbhai Shah | Director | 23 Oct 1986 | 40 Years 0 Months | Current |
| Kiritbhai Bhailalbhai Shah | Director | 23 Oct 1986 | 40 Years 0 Months | Current |
Auditor
Oilex Engineers (India) Private Limited is audited by P. B. Shetty & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. B. Shetty & Co. | FY 2023 | 110102W |
Shareholding
The shareholding of Oilex Engineers (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Oilex Engineers (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2015 | 10553793 | The Hongkong and Shanghai Banking Corporation Limited | ₹4.5 Cr | Satisfied | |
| 25 Feb 2014 | 10483904 | Central Bank of India Limited | ₹1.5 Cr | Satisfied | |
| 07 Mar 2007 | 10043035 | Central Bank of India Limited | ₹2.01 Cr | Satisfied | |
| 27 Mar 1987 | 90220082 | Corporation Bank Ch | ₹13 Lakh | Satisfied |
To see the full charge records of Oilex Engineers (India) Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Oilex Engineers (India) Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹54.8 Lakh; the latest was in January 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Funding round | ₹48.7 Lakh | Investors: 4 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Jan 2009 | Funding round | ₹6.1 Lakh | Investors: 4 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Oilex Engineers (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Oilex Engineers (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Oilex Engineers (India) Private Limited was last rated by Care on 03 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Nov 2021 |
To see the full credit ratings and regulatory alerts of Oilex Engineers (India) Private Limited, buy the company report.
MSME payment delays
Oilex Engineers (India) Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 55 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pooja Engineering Co. | |||
| Super Mechanical Seal Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Shree Uma Engineering |
To see the full MSME payment records of Oilex Engineers (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Oilex Engineers (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO3080F1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Oilex Engineers (India) Private Limited, buy the company report.
Recent activity
Oilex Engineers (India) Private Limited has 10 board changes on record since 1986: 6 appointments and 4 cessations. The latest: Mahadev Kukkundur Kini ceased to be Director on 31 Dec 2024.
10 earlier events are in the company report.
Frequently asked questions
Oilex Engineers (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 23 October 1986 (40+ years old) and is registered under CIN U45208MH1986PTC041362.
Oilex Engineers (India) has 5 current directors:
- Prerak Kirit Kumar Shah - Director
- Mahesh Mahadeva Kini - Director
- Radhika Mahadev Kini - Director
- Darshanika Kiritbhai Shah - Director
- Kiritbhai Bhailalbhai Shah - Director
The latest financial statements of Oilex Engineers (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Oilex Engineers (India) is 27AAACO3080F1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Oilex Engineers (India) is U45208MH1986PTC041362. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oilex Engineers (India) was incorporated on 23 October 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Oilex Engineers (India) has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹54.8 Lakh; the latest was in January 2023.
Mahadev Kukkundur Kini ceased to be Director on 31 Dec 2024. Mahesh Mahadeva Kini ceased to be Additional Director on 29 Sep 2023. Prerak Kirit Kumar Shah ceased to be Additional Director on 29 Sep 2023. Oilex Engineers (India) has 10 board changes on record in total.
Oilex Engineers (India) has 8 MSME Form 1 returns on record between 2019 and 2023, listing 55 overdue payments to 11 micro and small suppliers. The latest return was filed on 22 Nov 2023.
Oilex Engineers (India) can be reached through the website oilexindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Oilex Engineers (India) is at 101 Akshaya Plaza1St Floor Chembur, Mumbai, Maharashtra, India – 400071.
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