About Tulasee Bio-Ethanol Limited
Data last updated:
Tulasee Bio-Ethanol Limited is a public limited company based in Raigad, Maharashtra, India. It operates in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 15 July 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24115MH1988PLC048126. Its GSTIN is 27AAACB2357A1Z9 (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 524514.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.89 Cr. It is led by directors including Kapil Nagpal Lalitkumar (Managing Director) and Kritika Nagpal Lalit.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 41/3 Village Lohop.Chowk Lohop Road Tal. Khalapur Dist Raigad, Maharashtra, India – 410202.
The net worth stands at ₹52 Lakh (down 25.7% YoY). Total assets are valued at ₹8.09 Cr (up 0.1% YoY).
The company is associated with 1 brand: Tulasee Bio-Ethanol. As per MCA filings, the company has open charges of ₹5.4 Cr and satisfied charges of ₹9.63 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tulaseebio-ethanolltd.com.
Company details
CIN history
Tulasee Bio-Ethanol has one previous CIN (Corporate Identification Number): U24115MH1988PLC048126. The current CIN is L24115MH1988PLC048126, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24115MH1988PLC048126 | Current |
| U24115MH1988PLC048126 | Previous |
Contact details
Tulasee Bio-Ethanol Limited's registered office is in Raigad, Maharashtra. Its website is tulaseebio-ethanolltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address41/3 Village Lohop.Chowk Lohop Road Tal. Khalapur Dist Raigad, Maharashtra, India – 410202
- IndustryChemicals and Materials, Organic Chemicals & Compounds
To see the full contact details of Tulasee Bio-Ethanol 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
Tulasee Bio-Ethanol operates one associated brand: TULASEE BIO-ETHANOL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Bioethanol is manufactured from organic wastes and bioenergy feedstocks. | tulaseebio-ethanolltd.com |
Business activity
The main business activity of Tulasee Bio-Ethanol is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
Financials of Tulasee Bio-Ethanol Limited
FY 2025-26 filings availableTulasee Bio-Ethanol Limited reported revenue of ₹- for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | (0.19) | (0.13) | (0.13) | (0.13) | (0.14) | (0.15) | (0.57) |
| Profit before tax | (0.19) | (0.13) | (0.13) | (0.13) | (0.14) | (0.15) | 0.48 |
| Net profit | (0.19) | (0.13) | (0.13) | (0.13) | (0.14) | (0.15) | 0.48 |
| EPS (₹) | (0.31) | (0.22) | (0.23) | (0.22) | (0.24) | (0.26) | 0.83 |
| Balance sheet | |||||||
| Total assets | 8.09 | 8.08 | 8.06 | 8.06 | 8.04 | 8.05 | 8.04 |
| Net worth | 0.52 | 0.70 | 0.83 | 0.96 | 1.09 | 1.23 | 1.39 |
| Total debt | 7.57 | 7.38 | 7.23 | 7.10 | 6.95 | 6.82 | 6.66 |
| Cash & bank | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Net working capital | 0.82 | 0.82 | 0.81 | 0.83 | 0.82 | 0.82 | 0.83 |
| Cash flow | |||||||
| Cash from operations | 0.00 | 0.00 | 0.00 | 0.00 | (0.03) | 0.00 | 0.00 |
| Cash from investing | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 |
| Cash from financing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.06 | 0.04 | 0.04 | 0.03 | 0.07 | 0.04 | 0.02 | 0.02 |
| EBITDA | (0.06) | (0.04) | (0.04) | (0.03) | (0.07) | (0.04) | (0.02) | (0.02) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.06) | (0.04) | (0.04) | (0.03) | (0.07) | (0.04) | (0.02) | (0.02) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.06 | 0.04 | 0.04 | 0.03 | 0.07 | 0.04 | 0.02 | 0.02 |
| EBITDA | (0.06) | (0.04) | (0.04) | (0.03) | (0.07) | (0.04) | (0.02) | (0.02) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.06) | (0.04) | (0.04) | (0.03) | (0.07) | (0.04) | (0.02) | (0.02) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.05 |
| Total expenses | 0.19 | 0.13 | 0.13 | 0.13 | 0.14 | 0.15 | 0.57 |
| Employee cost | 0.07 | 0.04 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | (0.19) | (0.13) | (0.13) | (0.13) | (0.14) | (0.15) | (0.57) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.19) | (0.13) | (0.13) | (0.13) | (0.14) | (0.15) | 0.48 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (0.19) | (0.13) | (0.13) | (0.13) | (0.14) | (0.15) | 0.48 |
| EPS (₹) | (0.31) | (0.22) | (0.23) | (0.22) | (0.24) | (0.26) | 0.83 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5.84 | 5.84 | 5.84 | 5.84 | 5.84 | 5.84 | 5.84 |
| Reserves & surplus | (5.32) | (5.14) | (5.01) | (4.88) | (4.75) | (4.61) | (4.45) |
| Shareholders' funds (net worth) | 0.52 | 0.70 | 0.83 | 0.96 | 1.09 | 1.23 | 1.39 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 7.57 | 7.38 | 7.23 | 7.10 | 6.95 | 6.82 | 6.66 |
| Total debt | 7.57 | 7.38 | 7.23 | 7.10 | 6.95 | 6.82 | 6.66 |
| Total liabilities | 8.09 | 8.08 | 8.06 | 8.06 | 8.04 | 8.05 | 8.04 |
| Assets | |||||||
| Gross block | 6.94 | 6.94 | 6.94 | 6.94 | 6.94 | 6.99 | 7.03 |
| Net block | 4.67 | 4.67 | 4.67 | 4.67 | 4.67 | 4.70 | 4.70 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.21 | 0.21 | 0.21 | 0.21 | 0.21 | 0.21 | 0.21 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Loans & advances | 0.93 | 0.93 | 0.93 | 0.93 | 0.93 | 0.93 | 0.93 |
| Total current assets | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 |
| Total current liabilities | 0.33 | 0.33 | 0.34 | 0.32 | 0.33 | 0.33 | 0.32 |
| Net working capital | 0.82 | 0.82 | 0.81 | 0.83 | 0.82 | 0.82 | 0.83 |
| Total assets | 8.09 | 8.08 | 8.06 | 8.06 | 8.04 | 8.05 | 8.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Net cash from operating activities | 0.00 | 0.00 | 0.00 | 0.00 | (0.03) | 0.00 | 0.00 |
| Net cash from investing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 |
| Net cash from financing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Closing cash | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| EBITDA growth | -46.2% | 0.0% | 0.0% | +7.1% | +6.7% | +73.7% | - |
| PBT growth | -46.2% | 0.0% | 0.0% | +7.1% | +6.7% | - | +9998.0% |
| Net income growth | -46.2% | 0.0% | 0.0% | +7.1% | +6.7% | -131.3% | - |
| EBITDA CAGR (3Y) | +13.5% | -2.4% | -4.7% | -38.9% | -6.3% | -4.1% | +68.1% |
| Profitability & leverage | |||||||
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +4.7% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +13.9% |
| Debt / equity | 12.25 | 9.55 | 8.01 | 6.85 | 5.94 | 5.15 | 5.89 |
| Long-term debt / equity | 12.25 | 9.55 | 8.01 | 6.85 | 5.94 | 5.15 | 5.89 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | (0.31) | (0.22) | (0.23) | (0.22) | (0.24) | (0.26) | 0.83 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.89 | 1.20 | 1.42 | 1.65 | 1.86 | 2.11 | 2.37 |
To see the full year-wise statements and ratios of Tulasee Bio-Ethanol Limited, buy the company report.
Board of directors of Tulasee Bio-Ethanol Limited
Tulasee Bio-Ethanol 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 |
|---|---|---|---|---|
| Kritika Nagpal Lalit | Director | 14 Aug 2015 | 11 Years 2 Months | Current |
| Kapil Nagpal Lalitkumar | Managing Director | 31 Jan 2002 | 24 Years 8 Months | Current |
| Santosh Mayekar Also directs: Forever Restaurants Private Limited | Director | 27 Aug 2024 | 2 Years 1 Months | Current |
| Rajesh Ramchandra Ambre | Director | 27 Aug 2024 | 2 Years 1 Months | Current |
Auditor
Tulasee Bio-Ethanol Limited is audited by A. C. Jhaveri & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. C. Jhaveri & Associates | FY 2023 | 137685W |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 48.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 51.10%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 48.90% | 48.90% | 48.90% | 48.90% |
| Public | 51.10% | 51.10% | 51.10% | 51.10% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2000 | 90352846 | Bank of Madura Ltd. | ₹1 Cr | Open | |
| 28 Jul 1994 | 90352277 | Bank of Baroda | ₹1.89 Cr | Open | |
| 19 Jul 1994 | 90352274 | Bank of Baroda | ₹80 Lakh | Open | |
| 20 Jun 1993 | 90352180 | Bank of Baroda | ₹25 Lakh | Open | |
| 20 Apr 1993 | 90352170 | Bank of Baroda | ₹25 Lakh | Open |
To see the full charge records of Tulasee Bio-Ethanol Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Tulasee Bio-Ethanol Limited has 8 court cases on record: 3 filed by Tulasee Bio-Ethanol, 5 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 1 |
| District courts | 3 | 3 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by Alfa Laval (India) Ltd. | Disposed |
| Bombay High Court | Tax appeal | Filed by the company against The Commissioner of Central Excise, Raigad | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by The Commissioner of Central Excise | Disposed |
| Bombay High Court | Court case (NMA) | Filed by the company against The Commissioner of Central Excise, Raigad | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by The Deputy Registrar of Companies | Disposed |
To see the full case history of Tulasee Bio-Ethanol 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 Tulasee Bio-Ethanol Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tulasee Bio-Ethanol has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB2357A1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tulasee Bio-Ethanol Limited, buy the company report.
Recent activity
Tulasee Bio-Ethanol Limited has 10 board changes on record since 1998: 7 appointments and 3 cessations. The latest: Anil Goyal ceased to be Director on 27 Aug 2024.
16 earlier events are in the company report.
Frequently asked questions
Tulasee Bio-Ethanol is an active public limited company based in Raigad, Maharashtra, India. The company works in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 15 July 1988 (38+ years old) and is registered under CIN L24115MH1988PLC048126. Listed on BSE: 524514.
Tulasee Bio-Ethanol has 4 current directors:
- Kapil Nagpal Lalitkumar - Managing Director
- Kritika Nagpal Lalit - Director
- Santosh Mayekar - Director
- Rajesh Ramchandra Ambre - Director
The latest financial statements of Tulasee Bio-Ethanol on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tulasee Bio-Ethanol is 27AAACB2357A1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tulasee Bio-Ethanol is L24115MH1988PLC048126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Tulasee Bio-Ethanol is a listed company as per MCA records. Its shares are listed on BSE (code: 524514).
Tulasee Bio-Ethanol has 8 court cases on record: 3 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.
Tulasee Bio-Ethanol was incorporated on 15 July 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Anil Goyal ceased to be Director on 27 Aug 2024. Ashwin Pandya Gajanan ceased to be Director on 27 Aug 2024. Kishor Ramji Tank ceased to be Director on 27 Aug 2024. Tulasee Bio-Ethanol has 10 board changes on record in total.
Tulasee Bio-Ethanol can be reached through the website tulaseebio-ethanolltd.com. Its registered office is in Raigad, Maharashtra, India.