About Petrogas Services Private Limited
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Petrogas Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 20 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23100MH2011PTC212085. Its GSTIN is 32AAGCP1587J1Z9 (Kerala).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Vinu Kurian Baby and Baby Kappalumavunkal Joseph.
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 A – 61 Mittal Towers Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.76 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹72,000 (net margin -6.7%) and EBITDA of ₹1,000 (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 40% over five years.
As per MCA filings, the company has open charges of ₹2.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website petrogasgroup.com.
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- Registered AddressA – 61 Mittal Towers Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals and Materials, Industrial Chemicals
- 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
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Financials of Petrogas Services Private Limited FY 2025 filings available
Petrogas Services Private Limited reported revenue of ₹10.76 Lakh (down 65% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Petrogas Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 65% fall in the latest year. EBITDA fell 100% 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 Petrogas Services 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 | ₹1,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹72,000 | •••• | •••• | •••• | •••• |
| 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 Petrogas Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.7% | •••• | •••• | •••• | •••• |
| 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 Petrogas Services 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 Petrogas Services Private Limited
Petrogas Services Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Resource Rasayan Private Limited | ₹11.11 Lakh (FY 2024) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Adjuind Private Limited | ₹11.09 Lakh (FY 2025) | •••• | •••• | -77.0% | •••• | Sangareddy, Telangana, India |
| Siddhi Ceracolours Private Limited | ₹11.02 Lakh (FY 2024) | •••• | •••• | 40.0% | •••• | Morbi, Gujarat, India |
| A I C Chemicals Private Limited | ₹11.01 Lakh (FY 2024) | •••• | •••• | -90.0% | •••• | Mumbai, Maharashtra, India |
| N.V. Chemtech Private Limited | ₹11.01 Lakh (FY 2024) | •••• | •••• | •••• | Bharuch, Gujarat, India | |
| Petrogas Services Private Limited this company | ₹10.76 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Mumbai, Maharashtra, India |
| H.K. Paper Industries Pvt Ltd | ₹10.75 Lakh (FY 2024) | •••• | •••• | 11.0% | •••• | Alwar, Rajasthan, India |
| Aaj Life Science Chemicals Private Limited | ₹10.74 Lakh (FY 2025) | •••• | •••• | 100.0% | •••• | Ratnagiri, Maharashtra, India |
| The Narang Industries Limited | ₹10.71 Lakh (FY 2025) | •••• | •••• | 2600.0% | •••• | Noida, Uttar Pradesh, India |
| Silsolutia Specchem Private Limited | ₹10.7 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | Vapi, Gujarat, India |
| Sanskar Chemicals and Drugs Private Limited | ₹10.61 Lakh (FY 2025) | •••• | •••• | -93.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Petrogas Services by revenue in the Chemicals industry (Industrial Chemicals), 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 Petrogas Services Private Limited
Petrogas Services Private Limited is audited by IYER & ABRAHAM for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| IYER & ABRAHAM | 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 Petrogas Services Private Limited
Petrogas Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinu Kurian Baby Also directs: Vam Group Hi Tech Engineering Pvt Ltd | Director | 01 May 2023 | 3 Years 5 Months | Current |
| Baby Kappalumavunkal Joseph | Director | 10 Jan 2011 | 15 Years 9 Months | Current |
Ownership and Shareholding of Petrogas Services 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 Petrogas Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Nov 2012 | State Bank of Travancore | ₹2.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Petrogas Services Private Limited
Employment history and EPFO contributions of people linked to Petrogas Services.
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 Petrogas Services Private Limited
Petrogas Services Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Vinu Kurian Baby ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Petrogas Services 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 Petrogas Services 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 Petrogas Services 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 Petrogas Services Private Limited
Petrogas Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAGCP1587J1Z9 | Kerala | 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 Petrogas Services 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 Petrogas Services Private Limited
Petrogas Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 20 January 2011 (15+ years old) and is registered under CIN U23100MH2011PTC212085.
Petrogas Services reported revenue of ₹10.76 Lakh for FY 2025 (down 65% YoY).
Petrogas Services has 2 current directors:
- Vinu Kurian Baby - Director
- Baby Kappalumavunkal Joseph - Director
Petrogas Services reported a net loss of ₹72,000 (net margin -6.7%) and EBITDA of ₹1,000 (EBITDA margin 0.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Petrogas Services is -52% over three years and -40% over five years. In the latest year (FY 2025) revenue fell 65%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Petrogas Services is 32AAGCP1587J1Z9, registered in Kerala.
The CIN (Corporate Identification Number) of Petrogas Services is U23100MH2011PTC212085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Petrogas Services was incorporated on 20 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Petrogas Services by revenue are Resource Rasayan Private Limited, Adjuind Private Limited, Siddhi Ceracolours Private Limited, A I C Chemicals Private Limited, N.V. Chemtech Private Limited and 5 more, all in the Chemicals industry (Industrial Chemicals).
Vinu Kurian Baby ceased to be Additional Director on 29 Sep 2023. Vinu Kurian Baby was appointed as Director on 01 May 2023. Dolly Baby Kappalumavunkal ceased to be Director on 13 Apr 2023. Petrogas Services has 5 board changes on record in total.
Petrogas Services can be reached through the website petrogasgroup.com. Its registered office is in Mumbai, Maharashtra, India.