V K Oils Ltd

Produces and sells vegetable oils, including linseed and castor oil, since 1981 in Kolkata.

1981 | Kolkata, West Bengal (India) | Active
Last Updated: December 24, 2024

V K Oils Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.80 M
  • Company Age 43 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.50 Cr
  • Revenue Growth -23.25%
  • Profit Growth 153.85%
  • Ebitda 579.95%
  • Net Worth 23.89%
  • Total Assets 5.06%

About V K Oils

V K Oils Ltd (VKOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 June 1981 and has a history of 43 years and seven months. Its registered office is in Kolkata, West Bengal, 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 5.00 M and a paid-up capital of Rs 4.80 M.

The company has closed loans amounting to ₹2.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at V K Oils Ltd India is Navneet Swaika as CFO. Navneet Swaika, Vijay Swaika, and Binod Tulsyan serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15143WB1981PLC033765

  • Company No.

    033765

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 1981

  • Date of AGM

    12 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Chemicals and Materials

Who are the key members and board of directors at V K Oils?

Executive Team (1)

Name Designation Appointment Date Status
Navneet Swaika Country flag representing In Managing Director 30-Sep-2003 Current

Board Members (2)

Name Designation Appointment Date Status
Vijay Swaika Country flag representing In Director 11-Jun-1981 Current
Binod Tulsyan Country flag representing In Additional Director 10-Aug-2023 Current

Financial Performance of V K Oils.

V K Oils Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 23.25% decrease. The company also saw a substantial improvement in profitability, with a 153.85% increase in profit. The company's net worth Soared by an impressive increase of 23.89%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-23.25%
Revenue from Operations
-24.67%
Total Assets
5.06%
Profit or Loss
153.85%
Net Worth
23.89%
EBITDA
579.95%

What is the Ownership and Shareholding Structure of V K Oils?

In 2022, V K Oils had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹25.00 M

Charges Breakdown by Lending Institutions

  • Uco Bank : 2.50 Cr

Latest Charge Details

Date Lender Amount Status
12 Jan 1996 Uco Bank ₹2.50 Cr Satisfied

How Many Employees Work at V K Oils?

V K Oils has a workforce of 7 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of V K Oils, 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 V K Oils's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on V K Oils

Recent activity within the organization

  • Annual General Meeting

    V K Oils Ltd last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.

    12 Sep 2024

  • Balance Sheet

    V K Oils Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Binod Kumar Tulsyan was appointed as a Additional Director was appointed as a Additional Director on 10 Aug 2023 & has been associated with this company since 1 year 6 months .

    10 Aug 2023

  • Charges

    A charge registered on 12 Jan 1996 via Charge ID 90253661 with Uco Bank was fully satisfied on 19 Mar 2019.

    19 Mar 2019

  • Charges

    A charge with Uco Bank of Rs. 25.00 M registered on 12 Jan 1996 with Charge ID 90253661 was modified on 10 Aug 2016.

    10 Aug 2016

  • Director Appointment

    Navneet Kumar Swaika was appointed as a Managing Director was appointed as a Managing Director on 30 Sep 2003 & has been associated with this company since 21 years 4 months .

    30 Sep 2003

Frequently asked questions

  • V K Oils Ltd was incorporated on 11 Jun 1981.

  • The authorized share capital of V K Oils Ltd is ₹ 5.00 M and paid-up capital is ₹ 4.80 M.

  • Currently 4 directors are associated with V K Oils Ltd.

    • Navneet Kumar Swaika
    • Vijay Kumar Swaika
    • Navneet Kumar Swaika
    • Binod Kumar Tulsyan
  • As per Ministry of Corporate Affairs (Mca), the registered address of V K Oils Ltd is 25-B, Shakespeare Sarani India, Kolkata, West Bengal, 700017.

  • The corporate identification number (CIN) of V K Oils Ltd is U15143WB1981PLC033765 and the company number is 033765 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for V K Oils Ltd has fallen by -23.25%.

  • As Per 2022 financial reports, 7 employees are currently employed by V K Oils Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of V K Oils Ltd has experienced an upsurge of 23.89%.

  • The most recent Balance Sheet for V K Oils Ltd was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Chemical Distribution & Retail