About Reservoil Engineering Solutions Private Limited
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Reservoil Engineering Solutions Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 15 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC291234. Its GSTIN is 27AAICR1131Q1Z2 (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Mayur Ashok Shethia and Rakesh Kumar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No.414 Persepolis Plot No74 Sec – 17 Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.7 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹1.26 Lakh (net margin 16.4%) and EBITDA of ₹1.26 Lakh (EBITDA margin 16.4%). Revenue has grown at a compounded annual rate (CAGR) of 726% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reservoil.com.
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- Registered AddressOffice No.414 Persepolis Plot No74 Sec – 17 Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Business Activity of Reservoil Engineering Solutions Private Limited
The main business activity of Reservoil Engineering Solutions is mining and quarrying. In detail, this covers other mining and quarrying.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | 08 | Other mining and quarrying | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Reservoil Engineering Solutions Private Limited FY 2024 filings available
Reservoil Engineering Solutions Private Limited reported revenue of ₹7.7 Lakh (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Reservoil Engineering Solutions Private Limited
Revenue fell 69% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 726%. EBITDA fell 78% 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 of Reservoil Engineering Solutions Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.26 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.26 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 of Reservoil Engineering Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Reservoil Engineering Solutions are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Reservoil Engineering Solutions Private Limited
Reservoil Engineering Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hannover Re Consulting Services India Private Limited | ₹7.71 Lakh (FY 2023) | •••• | •••• | -63.0% | •••• | Mumbai, Maharashtra, India |
| Internationale Ausbildungsmentoren Beratung Private Limited | ₹7.71 Lakh (FY 2025) | •••• | •••• | •••• | Ottappalam, Kerala, India | |
| Lightracers Consulting Services Private Limited | ₹7.71 Lakh (FY 2024) | •••• | •••• | -75.0% | •••• | Hyderabad, Telangana, India |
| S2m Investment Partners Private Limited | ₹7.71 Lakh (FY 2025) | •••• | •••• | 1374.0% | •••• | New Delhi, Delhi, India |
| Prarambh Services Private Limited | ₹7.71 Lakh (FY 2019) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Reservoil Engineering Solutions Private Limited this company | ₹7.7 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Navi Mumbai, Maharashtra, India |
| Cef Manure Private Limited | ₹7.7 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Delhi, India |
| Opal Advisory Services Private Limited | ₹7.7 Lakh (FY 2024) | •••• | •••• | 89.0% | •••• | Mumbai, Maharashtra, India |
| S J Thacker Investment and Financial Consultancy Private Ltd | ₹7.7 Lakh (FY 2025) | •••• | •••• | 287.0% | •••• | Mumbai, Maharashtra, India |
| KC Financial Solutions Private Limited | ₹7.7 Lakh (FY 2024) | •••• | •••• | -61.0% | •••• | Banswara, Rajasthan, India |
| Elephantgod Enterprises Private Limited | ₹7.7 Lakh (FY 2024) | •••• | •••• | 50.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Reservoil Engineering Solutions by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Reservoil Engineering Solutions Private Limited
Reservoil Engineering Solutions Private Limited is audited by Ramesh S. Samant & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ramesh S. Samant & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Reservoil Engineering Solutions Private Limited
Reservoil Engineering Solutions 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 |
|---|---|---|---|---|
| Mayur Ashok Shethia | Director | 18 Aug 2020 | 6 Years 1 Months | Current |
| Rakesh Kumar Sharma | Director | 15 Feb 2017 | 9 Years 8 Months | Current |
| Madhu Rakesh Sharma | Director | 15 Feb 2017 | 9 Years 8 Months | Current |
Ownership and Shareholding of Reservoil Engineering Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Reservoil Engineering Solutions Private Limited
Reservoil Engineering Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Reservoil Engineering Solutions Private Limited
Employment history and EPFO contributions of people linked to Reservoil Engineering Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Reservoil Engineering Solutions Private Limited
Reservoil Engineering Solutions Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Gaurav Jatinder Uppal ceased to be Director on 08 Jun 2023.
Credit Ratings, Litigation & Regulatory Alerts for Reservoil Engineering Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Reservoil Engineering Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Reservoil Engineering Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Reservoil Engineering Solutions Private Limited
Reservoil Engineering Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICR1131Q1Z2 | Maharashtra | Active | 08 Feb 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Reservoil Engineering Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Reservoil Engineering Solutions Private Limited
Reservoil Engineering Solutions is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 15 February 2017 (9+ years old) and is registered under CIN U74999MH2017PTC291234.
Reservoil Engineering Solutions reported revenue of ₹7.7 Lakh for FY 2025 (down 69% YoY).
Reservoil Engineering Solutions has 3 current directors:
- Mayur Ashok Shethia - Director
- Rakesh Kumar Sharma - Director
- Madhu Rakesh Sharma - Director
Reservoil Engineering Solutions reported a net profit of ₹1.26 Lakh (net margin 16.4%) and EBITDA of ₹1.26 Lakh (EBITDA margin 16.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Reservoil Engineering Solutions is 726% over five years. In the latest year (FY 2025) revenue fell 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Reservoil Engineering Solutions is 27AAICR1131Q1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Reservoil Engineering Solutions is U74999MH2017PTC291234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reservoil Engineering Solutions was incorporated on 15 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Reservoil Engineering Solutions by revenue are Hannover Re Consulting Services India Private Limited, Internationale Ausbildungsmentoren Beratung Private Limited, Lightracers Consulting Services Private Limited, S2m Investment Partners Private Limited, Prarambh Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Gaurav Jatinder Uppal ceased to be Director on 08 Jun 2023. Mayur Ashok Shethia was appointed as Director on 18 Aug 2020. Madhu Rakesh Sharma was appointed as Director on 15 Feb 2017. Reservoil Engineering Solutions has 4 board changes on record in total.
Reservoil Engineering Solutions can be reached through the website reservoil.com. Its registered office is in Navi Mumbai, Maharashtra, India.