Eastern Petroleum Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.45 Cr
- Company Age 60 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 63.96 Cr
- Satisfied Charges ₹ 38.80 Cr
- Revenue Growth 12.76%
- Profit Growth 25.27%
- Ebitda 64.71%
- Net Worth 25.55%
- Total Assets 12.06%
About Eastern Petroleum
Eastern Petroleum Private Limited (EPPL) was founded in India on 29 May 1964 and has a glorious history of 60 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Chemicals And Materials Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.45 Cr.
The company currently has active open charges totaling ₹63.96 Cr. The company has closed loans amounting to ₹38.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Rathi and Aruna Rathi serve as directors at the Company.
Company Details
-
Location
Mumbai, Maharashtra, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U24100MH1964PTC012931
-
Company No.
012931
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
29 May 1964
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Mumbai
Industry
What products or services does Eastern Petroleum Private Limited offer?
Eastern Petroleum Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Machine Oils, Automotive Oils, Hydraulic Oils, Hydraulic Fluids, Industrial Oils, Grease, Automotive Grease, Wheel Bearing Grease, Gear Oil.
Who are the key members and board of directors at Eastern Petroleum?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Rathi
|
Director | 09-Mar-1996 | Current |
|
Aruna Rathi
|
Director | 23-May-2022 | Current |
Financial Performance of Eastern Petroleum.
Eastern Petroleum Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.76% increase. The company also saw a substantial improvement in profitability, with a 25.27% increase in profit. The company's net worth Soared by an impressive increase of 25.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Eastern Petroleum?
In 2023, Eastern Petroleum had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Unicorn Petroleum Industries Pvt LtdRajesh Rathi is a mutual person
-
_PRIVATE_LIMITED.webp)
Jay Bharat Petroleum (India) Private LimitedRajesh Rathi and Aruna Rathi are mutual person
Charges (Loans)
₹63.96 Cr
₹38.80 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 33.00 Cr
- Others : 30.96 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jul 2023 | Others | ₹1.00 Cr | Open |
| 24 Jun 2021 | Standard Chartered Bank | ₹30.00 Cr | Open |
| 24 Jun 2021 | Standard Chartered Bank | ₹3.00 Cr | Open |
| 08 Jan 2021 | Others | ₹4.36 Cr | Open |
| 08 Jan 2021 | Others | ₹25.60 Cr | Open |
How Many Employees Work at Eastern Petroleum?
Eastern Petroleum has a workforce of 23 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Eastern Petroleum, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Eastern Petroleum's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
