About Usha Fuels Private Limited
Data last updated:
Usha Fuels Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 06 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U23109WB2004PTC097581. Its GSTIN is 22AAACU6627L1Z8 (Chattisgarh).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.68 Cr. It is led by directors including Sameer Laxminarayan Bhartia (Whole-Time Director) and Manoj Kumar Goel.
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 Fl – 119 209 A.J.C Bose Road, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.21 Cr, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹1.6 Cr (net margin -38%) and EBITDA of ₹36.51 Lakh (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 26% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.53 Cr and satisfied charges of ₹7.2 Cr 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. For more details, the company can be reached via its website nandansteels.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFl – 119 209 A.J.C Bose Road, Kolkata, West Bengal, India – 700017
- IndustryMetals and Minerals, Other Metals & Minerals
- 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 Usha Fuels Private Limited
The main business activity of Usha Fuels is manufacturing. In detail, this covers coke and refined petroleum products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products | 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 Usha Fuels Private Limited FY 2024 filings available
Usha Fuels Private Limited reported revenue of ₹4.21 Cr (down 74% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Usha Fuels Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 74% fall in the latest year. EBITDA fell 88% 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 Usha Fuels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹36.51 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.6 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 of Usha Fuels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -38% | •••• | •••• | •••• | •••• |
| 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 Usha Fuels are in the company report.
Financial statements from 2015
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 Usha Fuels Private Limited
Usha Fuels Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Other Minerals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tara Tarini Stone Products Private Limited | ₹4.29 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Jeypore, Odisha, India |
| Sri Bhawani Bricks Private Limited | ₹4.27 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Gangarampur, West Bengal, India |
| Arsta Eco Private Limited | ₹4.26 Cr (FY 2024) | •••• | •••• | 90.0% | •••• | Tiptur, Karnataka, India |
| Vadivel Cocotech Private Limited | ₹4.23 Cr (FY 2024) | •••• | •••• | 157.0% | •••• | Sivakasi, Tamil Nadu, India |
| Dayton Thermosiphon Private Limited | ₹4.23 Cr (FY 2024) | •••• | •••• | -55.0% | •••• | Gurgaon, Haryana, India |
| Usha Fuels Private Limited this company | ₹4.21 Cr (FY 2024) | •••• | •••• | -74.0% | •••• | Kolkata, West Bengal, India |
| Tattva Hical and Compounds Private Limited | ₹4.19 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Tumkur, Karnataka, India |
| Turnomill Equipments Private Limited | ₹4.15 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Chennai, Tamil Nadu, India |
| Mohashakti Ferro Alloys Private Limited | ₹4.14 Cr (FY 2025) | •••• | •••• | 159.0% | •••• | Bhubaneswar, Odisha, India |
| Sun Tuff Private Limited | ₹4.14 Cr (FY 2024) | •••• | •••• | 3245.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Moonstar Enterprises Private Limited | ₹4.13 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Usha Fuels by revenue in the Metals and Minerals industry (Other Minerals), 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 Usha Fuels Private Limited
Usha Fuels Private Limited is audited by Dipanshu Agrawal & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Dipanshu Agrawal & Associates | 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 Usha Fuels Private Limited
Usha Fuels has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Goel | Director | 29 Jul 2009 | 17 Years 2 Months | Current |
| Satyanarayan Goel | Director | 06 Jan 2004 | 22 Years 9 Months | Current |
| Navin Kumar Kariwalla | Director | 20 Jan 2004 | 22 Years 8 Months | Current |
| Sameer Laxminarayan Bhartia Also directs: Unispun Industries LLP, Shri Bhartia Pulverisers Private Limited, Mumkins Food Private Limited and 1 more | Whole-Time Director | 22 Jul 2015 | 11 Years 2 Months | Current |
Ownership and Shareholding of Usha Fuels 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 Usha Fuels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2022 | Others | ₹18 Lakh | Open |
| 24 Mar 2021 | Axis Bank Limited | ₹3.1 Cr | Open |
| 11 Mar 2016 | Others | ₹9.25 Cr | Open |
| 04 Mar 2005 | Bank of India | ₹1.2 Cr | Satisfied |
| 14 Sep 2004 | Bank of India | ₹6 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Usha Fuels Private Limited
Usha Fuels Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
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, Raipur, Chhattisgarh | Criminal case | Filed against the company by CG State | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Usha Fuels Private Limited
Usha Fuels Private Limited has a workforce of 10 employees as of Apr 06, 2024.
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 Usha Fuels Private Limited
Usha Fuels Private Limited has 9 board changes on record since 2004: 4 appointments and 5 cessations. The latest: Sameer Laxminarayan Bhartia ceased to be Additional Director on 31 Aug 2015.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Usha Fuels 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 Usha Fuels 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 Usha Fuels 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 Usha Fuels Private Limited
Usha Fuels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAACU6627L1Z8 | Chattisgarh | Active | 01 Jul 2017 |
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 Usha Fuels 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 Usha Fuels Private Limited
Usha Fuels is an active private limited company based in Kolkata, West Bengal, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 06 January 2004 (22+ years old) and is registered under CIN U23109WB2004PTC097581.
Usha Fuels reported revenue of ₹4.21 Cr for FY 2024 (down 74% YoY).
Usha Fuels has 4 current directors:
- Sameer Laxminarayan Bhartia - Whole-Time Director
- Manoj Kumar Goel - Director
- Satyanarayan Goel - Director
- Navin Kumar Kariwalla - Director
Usha Fuels reported a net loss of ₹1.6 Cr (net margin -38%) and EBITDA of ₹36.51 Lakh (EBITDA margin 8.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Usha Fuels is -36% over three years and -26% over five years. In the latest year (FY 2024) revenue fell 74%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Usha Fuels is 22AAACU6627L1Z8, registered in Chattisgarh.
The CIN (Corporate Identification Number) of Usha Fuels is U23109WB2004PTC097581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Usha Fuels has 1 court case on record: 1 filed against it.
Usha Fuels was incorporated on 06 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Usha Fuels by revenue are Tara Tarini Stone Products Private Limited, Sri Bhawani Bricks Private Limited, Arsta Eco Private Limited, Vadivel Cocotech Private Limited, Dayton Thermosiphon Private Limited and 5 more, all in the Metals and Minerals industry (Other Minerals).
Sameer Laxminarayan Bhartia ceased to be Additional Director on 31 Aug 2015. Laxminarain Chaturbhuji Bhartia ceased to be Director on 22 Jul 2015. Sameer Laxminarayan Bhartia was appointed as Whole-Time Director on 22 Jul 2015. Usha Fuels has 9 board changes on record in total.