- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0088543

About Quebec Petroleum Resources Limited
Data last updated:
Quebec Petroleum Resources Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 21 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U23100GJ2005PLC047102. Its GSTIN is 24AAACQ1596N1Z2 (Gujarat). The company holds 19 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.6 Cr. It was formerly known as Quebec Oils Limited and Quebec Oils Private Limited. It is led by directors including Deepak Sadarangani (Managing Director) and Dinesh Chander Sadarangani (Managing Director).
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 Plot No. 85/B – 115 At & Post : Karakhadi Taluka : Padra, Vadodara, Gujarat, India – 391450.
As per the financials filed for FY 2025, the company reported a revenue of ₹185.17 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.76 Cr (net margin 0.9%) and EBITDA of ₹4.79 Cr (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 7% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹82.82 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 60 cases involving the company, including 54 filed by the company and 6 filed against it; 11 cases are pending.
Quebec Petroleum Resources Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0088543). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quebecoils.com.
Company details
Name history
Quebec Petroleum Resources has undergone 3 name changes throughout its history. The company was previously known as Quebec Oils Limited, Quebec Oils Private Limited, and Quebec Oils Limited. The current legal name is Quebec Petroleum Resources Limited.
| Company Name | Status |
|---|---|
| Quebec Petroleum Resources Limited | Current |
| Quebec Oils Limited | Previous |
| Quebec Oils Private Limited | Previous |
| Quebec Oils Limited | Previous |
CIN history
Quebec Petroleum Resources has one previous CIN (Corporate Identification Number): U23100GJ2005PTC047102. The current CIN is U23100GJ2005PLC047102, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23100GJ2005PLC047102 | Current |
| U23100GJ2005PTC047102 | Previous |
Recognitions & Rankings of Quebec Petroleum Resources
Contact details
Quebec Petroleum Resources Limited's registered office is in Vadodara, Gujarat. Its website is quebecoils.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 85/B – 115 At & Post : Karakhadi Taluka : Padra, Vadodara, Gujarat, India – 391450
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Quebec Petroleum Resources 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 activities of Quebec Petroleum Resources are manufacturing, trade and support service to organizations. In detail, this covers coke and refined petroleum products, wholesale trading and other support services to organizations. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products | |
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Quebec Petroleum Resources Limited, buy the company report.
Financials of Quebec Petroleum Resources Limited
FY 2025 filings availableQuebec Petroleum Resources Limited reported revenue of ₹185.17 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 25% fall in the latest year. EBITDA rose 8% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹185.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.76 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Quebec Petroleum Resources Limited, buy the company report.
Board of directors of Quebec Petroleum Resources Limited
Quebec Petroleum Resources has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paramjit Singh Chadha | Director | 12 Oct 2020 | 6 Years 0 Months | Current |
| Bhadresh Kantilal Mehta | Director | 01 Sep 2023 | 3 Years 2 Months | Current |
| Deepak Sadarangani | Managing Director | 15 Nov 2007 | 18 Years 11 Months | Current |
| Dinesh Chander Sadarangani | Managing Director | 15 Nov 2007 | 18 Years 11 Months | Current |
Peer comparison
Quebec Petroleum Resources Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Petrochemicals, Petroleum), 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 |
|---|---|---|---|---|---|---|
| Jagdamba Petrolium (India) Private Limited | ₹197.3 Cr (FY 2025) | 15.0% | Delhi, India | |||
| Eastern Petroleum Private Limited | ₹190.02 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| J.M. Petrochemicals Private Limited | ₹189.17 Cr (FY 2025) | 63.0% | Mathura, Uttar Pradesh, India | |||
| Quebec Petroleum Resources Limitedthis company | ₹185.17 Cr (FY 2025) | ₹1.76 Cr | 0.9% | -25.0% | 58 | Vadodara, Gujarat, India |
| Platina Oil Field Private Limited | ₹179.65 Cr (FY 2025) | 3.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Jainam Industries Private Limited | ₹177.34 Cr (FY 2022) | 70.0% | Ahmedabad, Gujarat, India | |||
| Guwahati Carbon Limited | ₹174.78 Cr (FY 2024) | -42.0% | Guwahati, Assam, India |
To see the full peer comparison of Quebec Petroleum Resources Limited, buy the company report.
Auditor
Quebec Petroleum Resources Limited is audited by CNK & ASSOCIATES LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNK & ASSOCIATES LLP | FY 2025 | 101961W/W-100036 |
Shareholding
The shareholding of Quebec Petroleum Resources Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Quebec Petroleum Resources Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2025 | 101178569 | Others | ₹18 Lakh | Open | |
| 25 Nov 2021 | 100523687 | Others | ₹32.32 Cr | Open | |
| 14 Jul 2009 | 10200456 | Yes Bank Limited | ₹18 Cr | Open | |
| 17 May 2008 | 10103807 | Others | ₹32.32 Cr | Open | |
| 12 Feb 2014 | 10477579 | Punjab National Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Quebec Petroleum Resources Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Quebec Petroleum Resources Limited has 60 court cases on record: 54 filed by Quebec Petroleum Resources, 6 filed against it. 11 cases are pending and 49 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 54 | 2 | 10 |
| High courts | 6 | 4 | 1 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Divya Simandhar Construction Pvt. Ltd. | Pending |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against Blue Stampings and Forgings Ltd. | Pending |
| District court, Nuh, Haryana | Execution petition | Filed by the company against Ciif Lubricants Private Ltd | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Ciif Lubricants Private Limited. | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against Steelco Gujarat Limited | Disposed |
To see the full case history of Quebec Petroleum Resources 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.
Credit ratings & regulatory alerts
Quebec Petroleum Resources Limited was last rated by Care on 31 Dec 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 31 Dec 2025 |
To see the full credit ratings and regulatory alerts of Quebec Petroleum Resources Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Quebec Petroleum Resources Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Quebec Petroleum Resources Limited has a workforce of 58 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Quebec Petroleum Resources has 19 GST registrations: 6 active and 13 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACQ1596N1Z2 | Gujarat | Active | 01 Jul 2017 |
| 24AAACQ1596N2Z1 | Gujarat | Active | 19 Jun 2019 |
| 24AAACQ1596N3Z0 | Gujarat | Active | 21 May 2025 |
| 29AAACQ1596N1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Quebec Petroleum Resources Limited, buy the company report.
Recent activity
Quebec Petroleum Resources Limited has 11 board changes on record since 2005: 5 appointments and 6 cessations. The latest: Bhadresh Kantilal Mehta was appointed as Director on 01 Sep 2023.
13 earlier events are in the company report.
Frequently asked questions
Quebec Petroleum Resources is an active public limited company based in Vadodara, Gujarat, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 21 November 2005 (21+ years old) and is registered under CIN U23100GJ2005PLC047102.
Quebec Petroleum Resources has 4 current directors:
- Deepak Sadarangani - Managing Director
- Dinesh Chander Sadarangani - Managing Director
- Paramjit Singh Chadha - Director
- Bhadresh Kantilal Mehta - Director
The latest financial statements of Quebec Petroleum Resources on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Quebec Petroleum Resources is 24AAACQ1596N1Z2, registered in Gujarat. The company has 19 GST registrations in all, of which 6 are active and 13 are cancelled or inactive. Other active GSTINs include 24AAACQ1596N2Z1 (Gujarat), 24AAACQ1596N3Z0 (Gujarat), 29AAACQ1596N1ZS (Karnataka).
The CIN (Corporate Identification Number) of Quebec Petroleum Resources is U23100GJ2005PLC047102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quebec Petroleum Resources has 60 court cases on record: 54 filed by the company and 6 filed against it. 11 are pending. Most are in the district courts.
Quebec Petroleum Resources was incorporated on 21 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Quebec Petroleum Resources by revenue are Jagdamba Petrolium (India) Private Limited, Eastern Petroleum Private Limited, J.M. Petrochemicals Private Limited, Platina Oil Field Private Limited, Jainam Industries Private Limited and 1 more, all in the Chemicals industry (Petrochemicals, Petroleum), with the same principal business activity (coke and refined petroleum products).
Bhadresh Kantilal Mehta was appointed as Director on 01 Sep 2023. Meenesh Arvindbhai Patel ceased to be Director on 30 Jun 2023. Anuradha Pravinchandra Shah ceased to be Director on 21 Aug 2021. Quebec Petroleum Resources has 11 board changes on record in total.
Yes, Quebec Petroleum Resources is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0088543).
Quebec Petroleum Resources can be reached through the website quebecoils.com. Its registered office is in Vadodara, Gujarat, India.

