About Petro IT Solutions Private Limited
Data last updated:
Petro IT Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2013PTC253637. Its GSTIN is 07AAHCP2112L1ZI (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹9.9 Cr and a paid-up capital of ₹9.5 Cr. It is led by directors Uday Punj and Rahul Khare.
Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H. No. 7/6 Ground Floor Sarvpriya Vihar, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.96 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹2.36 Cr (net margin -23.7%) and EBITDA of -₹2 Cr (EBITDA margin -20%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.
The company has about 81 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 2 deals on record (2 rights issues); the latest was in March 2018. Its 10 peer companies in the same principal business activity (Other professional, scientific and technical activities) are compared by revenue, 5 larger and 5 smaller; the largest is Ultra Tech Laboratories Private Limited with revenue of ₹9.97 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website petroit.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressH. No. 7/6 Ground Floor Sarvpriya Vihar, New Delhi, Delhi, India – 110016
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Petro IT Solutions Private Limited
The main business activity of Petro IT Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Petro IT Solutions Private Limited FY 2025 filings available
Petro IT Solutions Private Limited reported revenue of ₹9.96 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Petro IT Solutions Private Limited
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 180% 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 of Petro IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹2 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.36 Cr | •••• | •••• | •••• | •••• |
| 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 of Petro IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -20% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -23.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Petro IT Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Petro IT Solutions Private Limited
Petro IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ultra Tech Laboratories Private Limited | ₹9.97 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Patan, Chhattisgarh, India |
| Weavers Web Solutions Private Limited | ₹9.97 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Kolkata, West Bengal, India |
| 7H Business Solutions Private Limited | ₹9.96 Cr (FY 2025) | •••• | •••• | 148.0% | •••• | Bangalore, Karnataka, India |
| KSP India Private Limited. | ₹9.96 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Neosalpha Technologies India Private Limited | ₹9.96 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Jaipur, Rajasthan, India |
| Petro IT Solutions Private Limited this company | ₹9.96 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | New Delhi, Delhi, India |
| Promark Projects Private Limited | ₹9.96 Cr (FY 2023) | •••• | •••• | -3.0% | •••• | Chennai, Tamil Nadu, India |
| Jaybee Steel Treaters P Ltd | ₹9.96 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Lgas Labs Private Limited | ₹9.96 Cr (FY 2023) | •••• | •••• | 59.0% | •••• | Medchal, Telangana, India |
| Tebillion Systems Private Limited | ₹9.96 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| Auditics Private Limited | ₹9.95 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Petro IT Solutions by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Petro IT Solutions Private Limited
Petro IT Solutions Private Limited is audited by Nitin Mittal & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nitin Mittal & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Petro IT Solutions Private Limited
Petro IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uday Punj | Director | 06 Jun 2013 | 13 Years 4 Months | Current |
| Rahul Khare | Director | 06 Jun 2013 | 13 Years 4 Months | Current |
Ownership and Shareholding of Petro IT Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Petro IT Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Oct 2017 | Others | ₹3.5 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Petro IT Solutions Private Limited
Petro IT Solutions Private Limited has 2 deals on record (2 rights issues); the latest was in March 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹1.27 Cr | Investors: 4 individuals Seller: Chimes Private Limited |
| Jan 2015 | Rights issue | ₹1 Cr | Investors: Chimes Private Limited , 2 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Petro IT Solutions Private Limited
Petro IT Solutions Private Limited has 1 court case on record: 1 filed by Petro IT Solutions. All case is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Department of Revenue & Anr | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Petro IT Solutions Private Limited
Petro IT Solutions Private Limited has a workforce of 81 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Petro IT Solutions Private Limited
Petro IT Solutions Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Rahul Khare was appointed as Director on 06 Jun 2013.
Credit Ratings, Litigation & Regulatory Alerts for Petro IT Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Petro IT Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Petro IT Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Petro IT Solutions Private Limited
Petro IT Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCP2112L1ZI | Delhi | Active | 01 Jul 2017 |
| 06AAHCP2112L1ZK | Haryana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Petro IT Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Petro IT Solutions Private Limited
Petro IT Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 06 June 2013 (13+ years old) and is registered under CIN U72200DL2013PTC253637.
Petro IT Solutions reported revenue of ₹9.96 Cr for FY 2025 (down 25% YoY).
Petro IT Solutions has 2 current directors:
- Uday Punj - Director
- Rahul Khare - Director
Petro IT Solutions reported a net loss of ₹2.36 Cr (net margin -23.7%) and EBITDA of -₹2 Cr (EBITDA margin -20%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Petro IT Solutions is 13% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Petro IT Solutions is 07AAHCP2112L1ZI, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAHCP2112L1ZK (Haryana).
The CIN (Corporate Identification Number) of Petro IT Solutions is U72200DL2013PTC253637. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Petro IT Solutions has 1 court case on record: 1 filed by the company.
Petro IT Solutions was incorporated on 06 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
Petro IT Solutions has 2 deals on record (2 rights issues); the latest was in March 2018.
The peers of Petro IT Solutions by revenue are Ultra Tech Laboratories Private Limited, Weavers Web Solutions Private Limited, 7H Business Solutions Private Limited, KSP India Private Limited, Neosalpha Technologies India Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).