- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0058758

About Premier Lubricants Private Limited
Data last updated:
Premier Lubricants Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 20 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23209MH1995PTC086617. Its GSTIN is 27AAACD3115G1Z5 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Dipak Pranlal Turakhia and Dharmesh Dipakkumar Turakhia.
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 406 Sangam Above Kotak Mahindra Bank Saibaba Lane Santacruz (West), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.98 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹42.23 Lakh (net margin 1.1%) and EBITDA of ₹1.11 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 13% over five years.
The company is associated with 1 brand: Premier Lubricants. As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹1 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
Premier Lubricants Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0058758). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website premierlubricants.com.
Company details
Recognitions & Rankings of Premier Lubricants
Contact details
Premier Lubricants Private Limited's registered office is in Mumbai, Maharashtra. Its website is premierlubricants.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 406 Sangam Above Kotak Mahindra Bank Saibaba Lane Santacruz (West), Mumbai, Maharashtra, India – 400054
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Premier Lubricants 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
Brands
Premier Lubricants operates one associated brand: Premier Lubricants. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies a variety of industrial lubricants, including hydraulic and chain oils. | premierlubricants.co.uk |
Business activity
The main business activity of Premier Lubricants is manufacturing. In detail, this covers coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products |
To see the full business activity and turnover split of Premier Lubricants Private Limited, buy the company report.
Financials of Premier Lubricants Private Limited
FY 2025 filings availablePremier Lubricants Private Limited reported revenue of ₹36.98 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 11% growth in the latest year. EBITDA fell 43% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.11 Cr | ||||
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| Net Profit (PAT) | ₹42.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Premier Lubricants Private Limited, buy the company report.
Board of directors of Premier Lubricants Private Limited
Premier Lubricants has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipak Pranlal Turakhia | Director | 20 Mar 1995 | 31 Years 7 Months | Current |
| Dharmesh Dipakkumar Turakhia Also directs: Prelub Speciality Oil and Refinery Private Limited | Director | 20 Mar 1995 | 31 Years 7 Months | Current |
| Panna Dipak Turakhia | Director | 20 Mar 1995 | 31 Years 7 Months | Current |
| Bijal Dharmesh Turakhia | Director | 16 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Premier Lubricants Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Lubricants, Petrochemicals), with the same principal business activity (coke and refined petroleum products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hesolt Lubricants Private Limited | ₹38.57 Cr (FY 2024) | 12.0% | Navi Mumbai, Maharashtra, India | |||
| Siyaram Petrotech Private Limited | ₹38.23 Cr (FY 2025) | -1.0% | Kolkata, West Bengal, India | |||
| Petrogel (India) Private Limited | ₹38.18 Cr (FY 2024) | 17.0% | Chennai.17, Tamil Nadu, India | |||
| Generation Four Engitech Limited | ₹37.78 Cr (FY 2025) | 16.0% | Jodhpur, Rajasthan, India | |||
| Premier Lubricants Private Limitedthis company | ₹36.98 Cr (FY 2025) | ₹42.23 Lakh | 1.1% | 11.0% | Mumbai, Maharashtra, India | |
| Sai Gajanan Aqua Private Limited | ₹36.97 Cr (FY 2024) | 47.0% | Ahmedabad, Gujarat, India | |||
| Lubgraf Synoils Pvt Ltd | ₹36.8 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Blue Jay Petro Private Limited | ₹36.61 Cr (FY 2025) | -45.0% | Mumbai, Maharashtra, India | |||
| Goldtap Lubricant Specialities Private Limited | ₹36 Cr (FY 2025) | 13.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Premier Lubricants Private Limited, buy the company report.
Auditor
Premier Lubricants Private Limited is audited by J M T & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J M T & ASSOCIATES | FY 2021 | 104167W |
Shareholding
The shareholding of Premier Lubricants Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Premier Lubricants Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2007 | 10058436 | Others | ₹2.5 Cr | Open | |
| 08 Jun 2007 | 10058437 | Indian Bank | ₹1 Cr | Satisfied |
To see the full charge records of Premier Lubricants Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Premier Lubricants Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.WCA.C) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M.A.WCA) | Filed against the company by an individual | Disposed |
To see the full case history of Premier Lubricants 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Premier Lubricants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Premier Lubricants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD3115G1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Premier Lubricants Private Limited, buy the company report.
Recent activity
Premier Lubricants Private Limited has 8 board changes on record since 1995: 5 appointments and 3 cessations. The latest: Bijal Dharmesh Turakhia ceased to be Additional Director on 28 Sep 2022.
3 earlier events are in the company report.
Frequently asked questions
Premier Lubricants is an active private limited company based in Mumbai, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 20 March 1995 (31+ years old) and is registered under CIN U23209MH1995PTC086617.
Premier Lubricants has 4 current directors:
- Dipak Pranlal Turakhia - Director
- Dharmesh Dipakkumar Turakhia - Director
- Panna Dipak Turakhia - Director
- Bijal Dharmesh Turakhia - Director
The latest financial statements of Premier Lubricants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Premier Lubricants is 27AAACD3115G1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Premier Lubricants is U23209MH1995PTC086617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Premier Lubricants has 3 court cases on record: 3 filed against it. 1 is pending.
Premier Lubricants was incorporated on 20 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Premier Lubricants by revenue are Hesolt Lubricants Private Limited, Siyaram Petrotech Private Limited, Petrogel (India) Private Limited, Generation Four Engitech Limited, Sai Gajanan Aqua Private Limited and 3 more, all in the Chemicals industry (Lubricants, Petrochemicals), with the same principal business activity (coke and refined petroleum products).
Bijal Dharmesh Turakhia ceased to be Additional Director on 28 Sep 2022. Bijal Dharmesh Turakhia was appointed as Director on 16 Mar 2022. Harendra Pranlal Turakhia ceased to be Director on 06 Jan 2022. Premier Lubricants has 8 board changes on record in total.
Yes, Premier Lubricants is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0058758).
Premier Lubricants can be reached through the website premierlubricants.com. Its registered office is in Mumbai, Maharashtra, India.

