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Probity Fuels Private Limited - machinery and equipment in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹31.05 Lakh
▲ 3827% YoY
Net loss · FY 2022
₹60.14 Lakh
Net margin -193.7%
EBITDA · FY 2022
-₹41.65 Lakh
EBITDA margin -134.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹23.7 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Probity Fuels Private Limited
Data last updated:
Probity Fuels Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 15 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2020PTC140106. Its GSTIN is 36AALCP1239J1Z7 (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Parimal Ananth Kumar Samineni and Suneel Kumar Sangamalla.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Level 2 Oval Building Ilabs Centre Plot No. 18 Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2022, the company reported a revenue of ₹31.05 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹60.14 Lakh (net margin -193.7%) and EBITDA of -₹41.65 Lakh (EBITDA margin -134.1%).
The company is associated with 1 brand: Probity Fuels. As per MCA filings, the company has open charges of ₹23.7 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
For more details, the company can be reached via its website probityfuels.com.
Company details
CIN U74999TG2020PTC140106
Registration Number 140106
Incorporation Date 15 April 2020
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Probity Fuels
Contact details
Probity Fuels Private Limited's registered office is in Hyderabad, Telangana. Its website is probityfuels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLevel 2 Oval Building Ilabs Centre Plot No. 18 Madhapur, Hyderabad, Telangana, India – 500081
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Probity Fuels Private Limited, buy the company report.
Comprehensive company report
Probity Fuels Private Limited - one report that includes everything
- 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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Brands
Probity Fuels operates one associated brand: Probity Fuels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fuel procurement and engineering fabrication services in India. | probityfuels.com |
Business activity
The main business activity of Probity Fuels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Probity Fuels Private Limited, buy the company report.
Financials of Probity Fuels Private Limited
FY 2022 filings availableProbity Fuels Private Limited reported revenue of ₹31.05 Lakh (up 3827% YoY) for FY 2022.
Revenue · FY 2022
₹31.05 Lakh ▲ 3827%
Net loss · FY 2022
₹60.14 Lakh margin -193.7%
EBITDA · FY 2022
-₹41.65 Lakh margin -134.1%
Financial Statement Summary
| Metrics | 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 | -₹41.65 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹60.14 Lakh | |
| 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
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -134.1% | |
| Net Profit Margin | -193.7% | |
| 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 | ||
To see the full financial statements and ratios of Probity Fuels Private Limited, buy the company report.
Board of directors of Probity Fuels Private Limited
Probity Fuels has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parimal Ananth Kumar Samineni Also directs: Nextpro Infocity Private Limited | Director | 15 Apr 2020 | 6 Years 6 Months | Current |
| Suneel Kumar Sangamalla Also directs: Nextpro Infocity Private Limited | Director | 15 Apr 2020 | 6 Years 6 Months | Current |
Auditor
Probity Fuels Private Limited is audited by PAKEERAREDDY & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAKEERAREDDY & ASSOCIATES | FY 2021 | 022146S |
Shareholding
The shareholding of Probity Fuels Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Probity Fuels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹23.7 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2020 | 100417393 | Hdfc Bank Limited | ₹23.7 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Probity Fuels Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed against the company by M/S. Idfc First Bank Ltd. Represented by Its Authorized Representative Akashghosh | Disposed |
To see the full case history of Probity Fuels 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 Probity Fuels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Probity Fuels Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Probity Fuels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AALCP1239J1Z7 | Telangana | Active | 02 Jul 2020 |
To see the full GST registrations and return filing status of Probity Fuels Private Limited, buy the company report.
Recent activity
Probity Fuels Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Parimal Ananth Kumar Samineni was appointed as Director on 15 Apr 2020.
AGM
Probity Fuels Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Probity Fuels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 23.70 Lakh with Charge ID 100417393 was registered on 12 Nov 2020.
Appointed
Parimal Ananth Kumar Samineni was appointed as Director.
Appointed
Suneel Kumar Sangamalla was appointed as Director.
Incorporation
15 Apr 2020
Probity Fuels Private Limited was registered on 15 Apr 2020 with Roc Hyderabad & aged 6 years 6 months as per MCA records.
Frequently asked questions
Probity Fuels is an active private limited company based in Hyderabad, Telangana, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 15 April 2020 (6+ years old) and is registered under CIN U74999TG2020PTC140106.
Probity Fuels has 2 current directors:
- Parimal Ananth Kumar Samineni - Director
- Suneel Kumar Sangamalla - Director
The latest financial statements of Probity Fuels on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Probity Fuels is 36AALCP1239J1Z7, registered in Telangana.
The CIN (Corporate Identification Number) of Probity Fuels is U74999TG2020PTC140106. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Probity Fuels has 1 court case on record: 1 filed against it.
Probity Fuels was incorporated on 15 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
Parimal Ananth Kumar Samineni was appointed as Director on 15 Apr 2020. Suneel Kumar Sangamalla was appointed as Director on 15 Apr 2020.
Yes, Probity Fuels is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Probity Fuels can be reached through the website probityfuels.com. Its registered office is in Hyderabad, Telangana, India.