Petronet VK Limited
About Petronet VK Limited
Data last updated:
Petronet VK Limited is a public limited company based in Jamnagar, Gujarat, India. It operates in the oil and gas distribution and transmission segment of the energy and power sector. It was incorporated on 21 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U23200GJ1998PLC034144. Its GSTIN is 24AABCP6350J2ZF (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹100 Cr. It is led by directors including Smita Sachdev and Dinesh Kumar Sota.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dev Park, Jamnagar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.48 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹5.72 Cr (net margin 387.4%) and EBITDA of ₹21 Cr. Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹145.07 Cr and satisfied charges of ₹140.2 Cr on record. Court records list 18 cases involving the company, including 4 filed by the company and 14 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Petronet VK Limited's registered office is in Jamnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGround Floor Plot No. 10/1, Dev Park B/H Atul Petrol Pump Mehul Nagar Khambhalia Road, Jamnagar, Gujarat, India – 361006
- IndustryEnergy and Power, Oil & Gas Distribution & Transmission
To see the full contact details of Petronet VK 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 Petronet VK is transport and storage. In detail, this covers land transport via railways & pipelines.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H2 | Land transport via Railways & Pipelines |
To see the full business activity and turnover split of Petronet VK Limited, buy the company report.
Financials of Petronet VK Limited
FY 2025 filings availablePetronet VK Limited reported revenue of ₹1.48 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. 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 | ₹21 Cr | ||||
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| Net Profit (PAT) | ₹5.72 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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| Net Profit Margin | 387.4% | ||||
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To see the full financial statements and ratios of Petronet VK Limited, buy the company report.
Board of directors of Petronet VK Limited
Petronet VK has 4 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smita Sachdev | Director | 20 May 2023 | 3 Years 5 Months | Current |
| Dinesh Kumar Sota | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
| Dibyendu Gupta | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
| Vikas Saraswat | Director | 19 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Petronet VK Limited is audited by Sonecha & Amlani for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sonecha & Amlani | FY 2022 | 120286W |
Shareholding
The shareholding of Petronet VK 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 Petronet VK Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Feb 2019 | 100238284 | Others | ₹145.07 Cr | Open | |
| 14 May 2002 | 90106627 | Standard Chartered Bank | ₹82 Cr | Satisfied | |
| 08 May 2002 | 90106626 | Central Bank of India | ₹50 Cr | Satisfied | |
| 28 Jan 2002 | 90106598 | Standard Chartered Bank | ₹8.2 Cr | Satisfied |
To see the full charge records of Petronet VK Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Petronet VK Limited has 18 court cases on record: 4 filed by Petronet VK, 14 filed against it. 2 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 10 | 2 |
| District courts | 4 | 4 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Central Bank of India and Ors. | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Sal Steel Ltd. and 3 others | Disposed |
| High Court of Gujarat | Appeal | Filed against the company by Board of Trustees of the Port of Kandla Kandla Port Trust Now Known As Deendayal Port Trust | Pending |
| High Court of Gujarat | Court case (OJA) | Filed against the company by Supreme Telecommunication Limited | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax | Disposed |
To see the full case history of Petronet VK 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Petronet VK Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Petronet VK has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP6350J2ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Petronet VK Limited, buy the company report.
Recent activity
Petronet VK Limited has 28 board changes on record since 2009: 4 appointments and 24 cessations. The latest: Vikas Saraswat ceased to be Additional Director on 10 Sep 2025.
28 earlier events are in the company report.
Frequently asked questions
Petronet VK is an active public limited company based in Jamnagar, Gujarat, India. The company works in oil and gas distribution and transmission, within the energy and power industry. It was incorporated on 21 May 1998 (28+ years old) and is registered under CIN U23200GJ1998PLC034144.
Petronet VK has 4 current directors:
- Smita Sachdev - Director
- Dinesh Kumar Sota - Director
- Dibyendu Gupta - Director
- Vikas Saraswat - Director
The latest financial statements of Petronet VK on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Petronet VK is 24AABCP6350J2ZF, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Petronet VK is U23200GJ1998PLC034144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Petronet VK has 18 court cases on record: 4 filed by the company and 14 filed against it. 2 are pending. Most are in the high courts.
Petronet VK was incorporated on 21 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vikas Saraswat ceased to be Additional Director on 10 Sep 2025. Vikas Saraswat was appointed as Director on 19 Sep 2024. Rajeev Khanuja ceased to be Additional Director on 28 Sep 2023. Petronet VK has 28 board changes on record in total.
The registered office of Petronet VK is at Ground Floor Plot No. 101, Dev Park BH Atul Petrol Pump Mehul Nagar Khambhalia Road, Jamnagar, Gujarat, India – 361006.
Petronet VK operates in the energy and power industry, in the oil and gas distribution and transmission segment.
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