Vasavi Lubricants Private Limited

Vasavi Lubricants Private Limited - chemicals and materials in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U23201KA1998PTC024197 Incorporated 10 September 1998 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2024
₹48.22 Cr
▲ 7% YoY
Net loss · FY 2024
₹7.32 Lakh
Net margin -0.2%
EBITDA · FY 2024
₹51.65 Lakh
EBITDA margin 1.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹11.85 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
24
Provident fund records

About Vasavi Lubricants Private Limited

Data last updated:

Vasavi Lubricants Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 10 September 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U23201KA1998PTC024197. Its GSTIN is 29AABCV7579B1Z0 (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Vankadaru Vara Prasad (Managing Director) and Venkatesh Kumar Annam (Whole-Time 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 83/84 2nd Main K H Ranganatha Colony Jagajeevanram Nagar, Bangalore, Karnataka, India – 560018.

As per the financials filed for FY 2024, the company reported a revenue of ₹48.22 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹7.32 Lakh (net margin -0.2%) and EBITDA of ₹51.65 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.

The company has about 24 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹11.85 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it.

Vasavi Lubricants Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0020485). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U23201KA1998PTC024197
Registration Number 024197
Incorporation Date 10 September 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0020485

Recognitions & Rankings of Vasavi Lubricants

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0020485

Contact details

Vasavi Lubricants Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    83/84 2nd Main K H Ranganatha Colony Jagajeevanram Nagar, Bangalore, Karnataka, India – 560018
  • Industry
    Chemicals and Materials, Chemical Distribution & Retail

To see the full contact details of Vasavi Lubricants Private Limited, buy the company report.

Comprehensive company report
Vasavi Lubricants Private Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Business activity

The main business activity of Vasavi Lubricants is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Vasavi Lubricants Private Limited, buy the company report.

Financials of Vasavi Lubricants Private Limited

FY 2025 filings available

Vasavi Lubricants Private Limited reported revenue of ₹48.22 Cr (up 7% YoY) for FY 2024.

Revenue · FY 2024
₹48.22 Cr ▲ 7%
Net loss · FY 2024
₹7.32 Lakh margin -0.2%
EBITDA · FY 2024
₹51.65 Lakh margin 1.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 4%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 2%

Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 7% growth in the latest year. EBITDA rose 4% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹51.65 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.32 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.1%
Net Profit Margin-0.2%
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 Vasavi Lubricants Private Limited, buy the company report.

Board of directors of Vasavi Lubricants Private Limited

Vasavi Lubricants has 8 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Venkatesh Kumar AnnamWhole-Time Director12 Sep 199828 Years 1 MonthsCurrent
Vankadaru Vara PrasadManaging Director10 Sep 199828 Years 1 MonthsCurrent
Arvind Gupta SatrasalaDirector18 Nov 201114 Years 11 MonthsCurrent
Annam Deeraj KumarWhole-Time Director09 Jan 200620 Years 9 MonthsCurrent
Vasundhara Devi SatrasalaDirector02 Sep 200224 Years 1 MonthsCurrent
Jagadeesh Gupta SatrasalaDirector12 Sep 199828 Years 1 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

Vasavi Lubricants Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution, Chemical Retail and Distribution, Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Powertronics Control System Private Limited₹48.46 Cr (FY 2025)-20.0%Ahmedabad, Gujarat, India
Univeso Integrated Solutions Private Limited₹48.42 Cr (FY 2025)-16.0%Delhi, India
Rajdeep Associates Marketing Private Limited₹48.36 Cr (FY 2025)333.0%Medchal, Telangana, India
Electro Care (India) Private Limited₹48.3 Cr (FY 2024)5.0%Navi Mumbai, Maharashtra, India
Kanchan Addchem Private Limited₹48.27 Cr (FY 2025)5.0%New Delhi, Delhi, India
Vasavi Lubricants Private Limitedthis company₹48.22 Cr (FY 2024)-₹7.32 Lakh-0.2%7.0%24Bangalore, Karnataka, India
MKG Green Energy Private Limited₹48.12 Cr (FY 2025)21.0%Uttar Pradesh, India
Veer Hanuman Developers Private Limited₹48.08 Cr (FY 2025)7.0%Kolkata, West Bengal, India

To see the full peer comparison of Vasavi Lubricants Private Limited, buy the company report.

Auditor

Vasavi Lubricants Private Limited is audited by B. K. Anil Kumar & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B. K. Anil Kumar & CoFY 2023005829S

Shareholding

The shareholding of Vasavi Lubricants Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vasavi Lubricants Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2 Cr
Satisfied charges
₹11.85 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Jan 2021100417637Hdfc Bank Limited₹2 CrOpen
04 Nov 2017100146142Axis Bank Limited₹3.4 CrSatisfied
23 Jan 200680033398State Bank of India₹8.45 CrSatisfied

To see the full charge records of Vasavi Lubricants Private Limited, buy the company report.

Total charge records: 3 View all charges

Credit ratings & regulatory alerts

Vasavi Lubricants Private Limited was last rated by Crisil on 04 Oct 2019.

Rating agencyRated onRating
Crisil04 Oct 2019

To see the full credit ratings and regulatory alerts of Vasavi Lubricants Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vasavi Lubricants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Vasavi Lubricants Private Limited has a workforce of 24 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
24
Active EPFO establishments
1
Employee growth
9.09%

GST

Vasavi Lubricants has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AABCV7579B1Z0KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Vasavi Lubricants Private Limited, buy the company report.

Recent activity

Vasavi Lubricants Private Limited has 13 board changes on record since 1998: 8 appointments and 5 cessations. The latest: Venkat Saai Vinuthan Vankadaru was appointed as Additional Director on 04 Apr 2025.

AGM
Vasavi Lubricants Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Venkat Saai Vinuthan Vankadaru was appointed as Additional Director.
Filing
Vasavi Lubricants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Venkatrao ceased to be Director.
Charges
A charge registered on 04 Nov 2017 via Charge ID 100146142 with Axis Bank Limited was fully satisfied on 03 Nov 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 2.00 Cr registered on 18 Jan 2021 with Charge ID 100417637 was modified on 26 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100417637 was registered on 18 Jan 2021.
Charges
A charge registered on 23 Jan 2006 via Charge ID 80033398 with State Bank Of India was fully satisfied on 02 Jan 2018.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.40 Cr with Charge ID 100146142 was registered on 04 Nov 2017.
Ceased
Arvind Gupta Satrasala ceased to be Additional Director.
Ceased
Devevendrappa Vankadaru ceased to be Additional Director.
Charges
A charge with State Bank Of India of Rs. 8.45 Cr registered on 23 Jan 2006 with Charge ID 80033398 was modified on 26 Mar 2012.

11 earlier events are in the company report.

Frequently asked questions

Vasavi Lubricants is an active private limited company based in Bangalore, Karnataka, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 10 September 1998 (28+ years old) and is registered under CIN U23201KA1998PTC024197.

Vasavi Lubricants has 8 current directors:

The latest financial statements of Vasavi Lubricants 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 Vasavi Lubricants is 29AABCV7579B1Z0, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Vasavi Lubricants is U23201KA1998PTC024197. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vasavi Lubricants has 8 court cases on record: 7 filed by the company and 1 filed against it. Most are in the district courts.

Vasavi Lubricants was incorporated on 10 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Vasavi Lubricants by revenue are Powertronics Control System Private Limited, Univeso Integrated Solutions Private Limited, Rajdeep Associates Marketing Private Limited, Electro Care (India) Private Limited, Kanchan Addchem Private Limited and 2 more, all in the Consumer Products industry (Accessories Retail and Distribution, Chemical Retail and Distribution, Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).

Venkat Saai Vinuthan Vankadaru was appointed as Additional Director on 04 Apr 2025. Venkatrao ceased to be Director on 27 Dec 2023. Arvind Gupta Satrasala ceased to be Additional Director on 28 Sep 2012. Vasavi Lubricants has 13 board changes on record in total.

Yes, Vasavi Lubricants is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0020485).

The registered office of Vasavi Lubricants is at 8384 2nd Main K H Ranganatha Colony Jagajeevanram Nagar, Bangalore, Karnataka, India – 560018.