MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0021160
Oilfield Components (India) Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.72 Cr
▼ 15% YoY
Net loss · FY 2024
₹89.97 Lakh
Net margin -5.7%
EBITDA · FY 2024
₹70.45 Lakh
EBITDA margin 4.5%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹5.85 Cr
Issued & subscribed
Open charges
₹26.64 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
10
Provident fund records
About Oilfield Components (India) Private Limited
Data last updated:
Oilfield Components (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 15 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74200MH2008PTC178951. Its GSTIN is 24AAECP5575C1ZJ (Gujarat).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹5.85 Cr. It was formerly known as Palmer Engineers (India) Private Limited. It is led by directors including Jayeshkumar Chhaganlal Patel and Rita Jayeshkumar Patel.
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 402 Sardar Akansha C.H.S. Ltd. S.V.P.Road Near Bhagwati Hospital Borivali(W), Mumbai, Maharashtra, India – 400103.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.72 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹89.97 Lakh (net margin -5.7%) and EBITDA of ₹70.45 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26.64 Cr on record.
Oilfield Components (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0021160). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oilfieldcomponents.com.
Company details
CIN U74200MH2008PTC178951
Registration Number 178951
Incorporation Date 15 February 2008
ROC Mumbai
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 Small
Udyam Registration UDYAM-GJ-20-0021160
Key People
Jayeshkumar Chhaganlal Patel Director Rita Jayeshkumar Patel Director Kosha Patel Director Recognitions & Rankings of Oilfield Components (India)
Contact details
Oilfield Components (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is oilfieldcomponents.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address402 Sardar Akansha C.H.S. Ltd. S.V.P.Road Near Bhagwati Hospital Borivali(W), Mumbai, Maharashtra, India – 400103
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Oilfield Components (India) Private Limited, buy the company report.
Comprehensive company report
Oilfield Components (India) 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 Oilfield Components (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Oilfield Components (India) Private Limited, buy the company report.
Financials of Oilfield Components (India) Private Limited
FY 2024 filings availableOilfield Components (India) Private Limited reported revenue of ₹15.72 Cr (down 15% YoY) for FY 2024.
Revenue · FY 2024
₹15.72 Cr ▼ 15%
Net loss · FY 2024
₹89.97 Lakh margin -5.7%
EBITDA · FY 2024
₹70.45 Lakh margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▼ 66%
3 years · compounded
▲ 61%
5 years · compounded
▲ 271%
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 41%. EBITDA fell 66% 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 | ₹15.72 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹70.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹89.97 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 | 4.5% | ||||
| Net Profit Margin | -5.7% | ||||
| 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 Oilfield Components (India) Private Limited, buy the company report.
Board of directors of Oilfield Components (India) Private Limited
Oilfield Components (India) has 3 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 |
|---|---|---|---|---|
| Jayeshkumar Chhaganlal Patel Also directs: Oilfield Equipments Private Limited | Director | 15 Feb 2008 | 18 Years 8 Months | Current |
| Rita Jayeshkumar Patel Also directs: Oilfield Equipments Private Limited | Director | 16 Nov 2018 | 7 Years 11 Months | Current |
| Kosha Patel Also directs: Oilfield Equipments Private Limited | Director | 12 Feb 2023 | 3 Years 8 Months | Current |
Peer comparison
Oilfield Components (India) Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aman Stampings & Toolings Private Limited | ₹15.77 Cr (FY 2023) | 23.0% | Pune, Maharashtra, India | |||
| Thinksonic Global Solutions Private Limited | ₹15.72 Cr (FY 2025) | 55.0% | Mysore, Karnataka, India | |||
| Oilfield Components (India) Private Limitedthis company | ₹15.72 Cr (FY 2024) | -₹89.97 Lakh | -5.7% | -15.0% | 10 | Mumbai, Maharashtra, India |
| Unnathi CNC Technologies Private Limited | ₹15.68 Cr (FY 2024) | -16.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Oilfield Components (India) Private Limited, buy the company report.
Auditor
Oilfield Components (India) Private Limited is audited by A. G. Thakkar & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. G. Thakkar & Co | FY 2024 | 113841W |
Shareholding
The shareholding of Oilfield Components (India) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Oilfield Components (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹26.64 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2022 | 100623811 | State Bank of India | ₹9.99 Cr | Open | |
| 26 Nov 2019 | 100308570 | State Bank of India | ₹9.99 Cr | Open | |
| 26 Nov 2019 | 100308571 | State Bank of India | ₹6.66 Cr | Open |
To see the full charge records of Oilfield Components (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Oilfield Components (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.
MSME payment delays
Oilfield Components (India) Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 113 overdue payments to 47 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 47)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Alpha Laboratory Service | |||
| Cognova Heat Treatment LLP | |||
| an individual supplier | |||
| an individual supplier | |||
| Lava Forge |
To see the full MSME payment records of Oilfield Components (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Oilfield Components (India) Private Limited has a workforce of 10 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-72.97%
GST
Oilfield Components (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECP5575C1ZJ | Gujarat | Active | 30 Jan 2019 |
To see the full GST registrations and return filing status of Oilfield Components (India) Private Limited, buy the company report.
Recent activity
Oilfield Components (India) Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Kosha Patel ceased to be Additional Director on 29 Sep 2023.
AGM
Oilfield Components (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Oilfield Components (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Kosha Patel ceased to be Additional Director.
Appointed
Kosha Patel was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 9.99 Cr with Charge ID 100623811 was registered on 01 Nov 2022.
Charges
A charge with State Bank Of India of Rs. 9.99 Cr registered on 26 Nov 2019 with Charge ID 100308570 was modified on 28 Oct 2022.
Charges
A charge with State Bank Of India of Rs. 6.66 Cr registered on 26 Nov 2019 with Charge ID 100308571 was modified on 15 Sep 2020.
Charges
A charge with State Bank Of India amounted to Rs. 6.66 Cr with Charge ID 100308571 was registered on 26 Nov 2019.
Charges
A charge with State Bank Of India amounted to Rs. 9.99 Cr with Charge ID 100308570 was registered on 26 Nov 2019.
Ceased
Rita Jayeshkumar Patel ceased to be Additional Director.
Ceased
Brijesh Chhaganbhai Patel ceased to be Director.
Ceased
Chhaganbhai Bhurabhai Patel ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Oilfield Components (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 15 February 2008 (18+ years old) and is registered under CIN U74200MH2008PTC178951.
Oilfield Components (India) has 3 current directors:
- Jayeshkumar Chhaganlal Patel - Director
- Rita Jayeshkumar Patel - Director
- Kosha Patel - Director
The latest financial statements of Oilfield Components (India) 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 2015 are in the company report.
The GSTIN of Oilfield Components (India) is 24AAECP5575C1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Oilfield Components (India) is U74200MH2008PTC178951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oilfield Components (India) was incorporated on 15 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Oilfield Components (India) by revenue are Aman Stampings & Toolings Private Limited, Thinksonic Global Solutions Private Limited, Unnathi CNC Technologies Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kosha Patel ceased to be Additional Director on 29 Sep 2023. Kosha Patel was appointed as Director on 12 Feb 2023. Rita Jayeshkumar Patel ceased to be Additional Director on 30 Sep 2019. Oilfield Components (India) has 7 board changes on record in total.
Yes, Oilfield Components (India) is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0021160).
Oilfield Components (India) has 12 MSME Form 1 returns on record between 2019 and 2024, listing 113 overdue payments to 47 micro and small suppliers. The latest return was filed on 24 May 2024.
Oilfield Components (India) can be reached through the website oilfieldcomponents.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Oilfield Components (India) is at 402 Sardar Akansha C.H.S. Ltd. S.V.P.Road Near Bhagwati Hospital BorivaliW, Mumbai, Maharashtra, India – 400103.