- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-27-0011073

About Penguin Petroleum Services Private Limited
Data last updated:
Penguin Petroleum Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 24 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74210KA2005PTC037042. Its GSTIN is 29AADCP7511K2Z4 (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10.5 Cr and a paid-up capital of ₹10.22 Cr. It is led by directors including Cherian Arumana Paul and Saramma Cherian Paul.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #34/1. Hennur Main Road Kothannur Post Bangalore, Karnataka, India – 560077.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.22 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹7.11 Cr (net margin 13.9%) and EBITDA of ₹14.06 Cr (EBITDA margin 27.5%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years and 20% over five years.
The company has about 84 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.89 Cr and satisfied charges of ₹10.78 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
Penguin Petroleum Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0011073). 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 penguinpetro.com.
Company details
Recognitions & Rankings of Penguin Petroleum Services
Contact details
Penguin Petroleum Services Private Limited's registered office is in Bangalore, Karnataka. Its website is penguinpetro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#34/1. Hennur Main Road Kothannur Post Bangalore, Karnataka, India – 560077
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Penguin Petroleum 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 Penguin Petroleum Services 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 Penguin Petroleum Services Private Limited, buy the company report.
Financials of Penguin Petroleum Services Private Limited
FY 2024 filings availablePenguin Petroleum Services Private Limited reported revenue of ₹51.22 Cr (up 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 39% growth in the latest year. EBITDA rose 30% 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 |
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| EBITDA | ₹14.06 Cr | ||||
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| Net Profit (PAT) | ₹7.11 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.5% | ||||
| Net Profit Margin | 13.9% | ||||
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To see the full financial statements and ratios of Penguin Petroleum Services Private Limited, buy the company report.
Board of directors of Penguin Petroleum Services Private Limited
Penguin Petroleum Services has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cherian Arumana Paul | Director | 24 Aug 2005 | 21 Years 2 Months | Current |
| Saramma Cherian Paul | Director | 24 Aug 2005 | 21 Years 2 Months | Current |
| Nishant Cherian Paul | Director | 30 Sep 2008 | 18 Years 1 Months | Current |
| Nitin Cherian Paul | Director | 30 Sep 2008 | 18 Years 1 Months | Current |
Peer comparison
Penguin Petroleum Services Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers, Petroleum), 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 |
|---|---|---|---|---|---|---|
| CS Aerotherm Private Limited | ₹51.42 Cr (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| Penguin Petroleum Services Private Limitedthis company | ₹51.22 Cr (FY 2024) | ₹7.11 Cr | 13.9% | 39.0% | 84 | Bangalore, Karnataka, India |
| Turbotech Precision Engineering Private Limited | ₹51.17 Cr (FY 2025) | 22.0% | Bangalore, Karnataka, India | |||
| Global Motion Solutions Private Limited | ₹51.17 Cr (FY 2024) | 10.0% | New Delhi, Delhi, India | |||
| Baroda Equipment and Vessels Private Limited | ₹51.14 Cr (FY 2025) | 20.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Penguin Petroleum Services Private Limited, buy the company report.
Auditor
Penguin Petroleum Services Private Limited is audited by K C KUMAWAT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K C KUMAWAT & CO | FY 2023 | 0123306W |
Shareholding
The shareholding of Penguin Petroleum Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Penguin Petroleum Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2025 | 101042073 | The South Indian Bank Limited | ₹12.6 Lakh | Open | |
| 07 Oct 2023 | 100819209 | Axis Bank Limited | ₹11.75 Cr | Open | |
| 19 Jun 2020 | 100355768 | The South Indian Bank Limited | ₹3.47 Cr | Open | |
| 12 Mar 2019 | 100251742 | The South Indian Bank Limited | ₹7.6 Cr | Open | |
| 13 Sep 2017 | 100150097 | The South Indian Bank Limited | ₹18.94 Cr | Open |
To see the full charge records of Penguin Petroleum Services Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Penguin Petroleum Services Private Limited has 5 court cases on record: 4 filed by Penguin Petroleum Services, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Court case (R.C.C.) | Filed against the company by Maharashtra Seamless Ltd. Through Radheshyam Gupta | Disposed |
| District court, Raigad, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Maharashtra Seamless Ltd., Thro. Sanket Jindal | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref_ULP_I_S) | Filed by the company against individuals | Disposed |
To see the full case history of Penguin Petroleum Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Penguin Petroleum Services Private Limited was last rated by Crisil on 24 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Mar 2020 |
To see the full credit ratings and regulatory alerts of Penguin Petroleum Services Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Penguin Petroleum Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Penguin Petroleum Services Private Limited has a workforce of 84 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Penguin Petroleum Services has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP7511K2Z4 | Karnataka | Active | 24 Jun 2018 |
| 27AADCP7511K1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Penguin Petroleum Services Private Limited, buy the company report.
Recent activity
Penguin Petroleum Services Private Limited has 4 board changes on record since 2005: 4 appointments. The latest: Nishant Cherian Paul was appointed as Director on 30 Sep 2008.
20 earlier events are in the company report.
Frequently asked questions
Penguin Petroleum Services is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 24 August 2005 (21+ years old) and is registered under CIN U74210KA2005PTC037042.
Penguin Petroleum Services has 4 current directors:
- Cherian Arumana Paul - Director
- Saramma Cherian Paul - Director
- Nishant Cherian Paul - Director
- Nitin Cherian Paul - Director
The latest financial statements of Penguin Petroleum Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Penguin Petroleum Services is 29AADCP7511K2Z4, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCP7511K1Z9 (Maharashtra).
The CIN (Corporate Identification Number) of Penguin Petroleum Services is U74210KA2005PTC037042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Penguin Petroleum Services has 5 court cases on record: 4 filed by the company and 1 filed against it.
Penguin Petroleum Services was incorporated on 24 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Penguin Petroleum Services by revenue are CS Aerotherm Private Limited, Turbotech Precision Engineering Private Limited, Global Motion Solutions Private Limited, Baroda Equipment and Vessels Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers, Petroleum), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Nishant Cherian Paul was appointed as Director on 30 Sep 2008. Nitin Cherian Paul was appointed as Director on 30 Sep 2008. Cherian Arumana Paul was appointed as Director on 24 Aug 2005. Penguin Petroleum Services has 4 board changes on record in total.
Yes, Penguin Petroleum Services is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-27-0011073).
Penguin Petroleum Services can be reached through the website penguinpetro.com. Its registered office is in Bangalore, Karnataka, India.

