Raigad Petroleum Limited
About Raigad Petroleum Limited
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Raigad Petroleum Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the aromatics and benzene derivatives segment of the chemicals and materials sector. It was incorporated on 19 June 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23201MH1984PLC033192. Its GSTIN is 27AABCR7502E1ZN (Maharashtra).
The company has an authorised share capital of ₹16.12 Cr and a paid-up capital of ₹2.24 Cr. It is led by directors including Ashok Kumar Goenka and Lalit Ashok Goenka.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 3 Shram Safalya 1st Floor No. E 1 Wadala Truck Terminal Wadala, Mumbai, Maharashtra, India – 400037.
As per the financials filed for FY 2020, the company reported a revenue of ₹91.25 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹10.98 Lakh (net margin 12%) and EBITDA of ₹31.68 Lakh (EBITDA margin 34.7%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹22.4 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Raigad Petroleum has one previous CIN (Corporate Identification Number): U23201MH1984PTC033192. The current CIN is U23201MH1984PLC033192, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23201MH1984PLC033192 | Current |
| U23201MH1984PTC033192 | Previous |
Contact details
Raigad Petroleum Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address3 Shram Safalya 1st Floor No. E 1 Wadala Truck Terminal Wadala, Mumbai, Maharashtra, India – 400037
- IndustryChemicals and Materials, Aromatics & Benzene Derivatives
To see the full contact details of Raigad Petroleum 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 Raigad Petroleum is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Raigad Petroleum Limited, buy the company report.
Financials of Raigad Petroleum Limited
FY 2020 filings availableRaigad Petroleum Limited reported revenue of ₹91.25 Lakh (down 6% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 1% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹91.25 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹31.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.98 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.7% | ||||
| Net Profit Margin | 12% | ||||
| 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 Raigad Petroleum Limited, buy the company report.
Board of directors of Raigad Petroleum Limited
Raigad Petroleum has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Goenka | Director | 26 Dec 1994 | 31 Years 10 Months | Current |
| Lalit Ashok Goenka | Director | 14 Oct 2008 | 18 Years 0 Months | Current |
| Gopal Prakash Mittal | Director | 30 Mar 1990 | 36 Years 7 Months | Current |
Auditor
Raigad Petroleum Limited is audited by R R KABRA & BIRLA for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R KABRA & BIRLA | FY 2020 | 126333W |
Shareholding
The shareholding of Raigad Petroleum Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Raigad Petroleum Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 1999 | 90188793 | State Bank of India | ₹50 Lakh | Open | |
| 06 Dec 1999 | 90240632 | State Bank of India | ₹50 Lakh | Open | |
| 20 Jun 1990 | 90188390 | State Bank of India | ₹8.5 Lakh | Satisfied | |
| 12 Apr 1989 | 90183923 | Bank of India | ₹9.65 Lakh | Satisfied | |
| 12 Apr 1989 | 90185451 | Bank of India | ₹4.25 Lakh | Satisfied |
To see the full charge records of Raigad Petroleum Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Raigad Petroleum Limited has 1 court case on record: 1 filed against it. All case is disposed.
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, Raigad, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Raigad Petroleum 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 Raigad Petroleum Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raigad Petroleum has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR7502E1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raigad Petroleum Limited, buy the company report.
Recent activity
Raigad Petroleum Limited has 4 board changes on record since 1990: 3 appointments and 1 cessation. The latest: Lalit Ashok Goenka ceased to be Additional Director on 28 May 2009.
5 earlier events are in the company report.
Frequently asked questions
Raigad Petroleum is an active public limited company based in Mumbai, Maharashtra, India. The company works in aromatics and benzene derivatives, within the chemicals and materials industry. It was incorporated on 19 June 1984 (42+ years old) and is registered under CIN U23201MH1984PLC033192.
Raigad Petroleum has 3 current directors:
- Ashok Kumar Goenka - Director
- Lalit Ashok Goenka - Director
- Gopal Prakash Mittal - Director
The latest financial statements of Raigad Petroleum on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Raigad Petroleum is 27AABCR7502E1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Raigad Petroleum is U23201MH1984PLC033192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raigad Petroleum has 1 court case on record: 1 filed against it.
Raigad Petroleum was incorporated on 19 June 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
Lalit Ashok Goenka ceased to be Additional Director on 28 May 2009. Lalit Ashok Goenka was appointed as Director on 14 Oct 2008. Ashok Kumar Goenka was appointed as Director on 26 Dec 1994. Raigad Petroleum has 4 board changes on record in total.
The registered office of Raigad Petroleum is at 3 Shram Safalya 1st Floor No. E 1 Wadala Truck Terminal Wadala, Mumbai, Maharashtra, India – 400037.
Raigad Petroleum operates in the chemicals and materials industry, in the aromatics and benzene derivatives segment.
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