BigTrunk Communications · client: Velvex
BigTrunk Communications has added another marquee account to its roster, securing the national digital and social media mandate for Velvex, the lubricant brand owned by Nandan Petrochem…
Company lists
Fuel distribution, LPG & gas, lubricants, refining, biofuels and more: the companies building oil & gas downstream in India, with their founders, funding, team size and business models.
Funding, M&A, contract wins and launches involving 245 oil & gas downstream companies in India, last 24 months: 71 Contracts · 15 M&A deals · 5 funding rounds · 2 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.
BigTrunk Communications has added another marquee account to its roster, securing the national digital and social media mandate for Velvex, the lubricant brand owned by Nandan Petrochem…
BigTrunk Communications, an independent integrated advertising agency known for its data-driven and creative approach, has secured the national digital and social media mandate for…
The company is also in talks to acquire Dalmia Magnesite Corporation, pending regulatory approval.
Creative agency Curativity Brand Solutions has been appointed as the creative agency partner for Gulf Oil Lubricants India Ltd (GOLIL).
Oil Green Energy Ltd (OGEL), a wholly owned subsidiary of Oil India Limited, has entered a Memorandum of Understanding (MoU) with Numaligarh Refinery Limited (NRL), for collaboration in…
Tripartite Agreement to Ensure Feedstock Supply The proposed agreement will bring together HPCL Rajasthan Refinery Limited (HRRL), the state government, and downstream industries.
Castrol India today launched its BS VI-compliant range of lubricants across categories.
Confidence Petroleum India Limited has successfully completed the acquisition of BW Confidence Enterprise Private Limited, converting it into a wholly owned subsidiary through a…
NeuEN Green Energy Pvt. Ltd, a 50:50 joint venture between Bharat Petroleum Corporation Limited and Sembcorp Green Hydrogen India Private Ltd, secured a contract to supply 10,000 tonnes…
The company has activated the ‘Force Major Clause’ (Force Majeure Clause) of Natural Gas Contract (Contract) made with industrial units
Petronet LNG issued a force majeure notice on March 3, 2026, under their Gas Sale and Purchase Agreement.
Sabarmati Gas is restricting supply to 50% of the daily contracted quantity from March 6, 2026.
Mumbai : Beralia Roadlines Pvt Ltd (Jet Roadways) today announced the signing of a long-term LNG supply agreement with Ultra Gas & Energy Limited (UGEL), as it continues to expand its…
Gandhar Coal & Mines Private Limited has made another acquisition of equity shares in Gandhar Oil Refinery (India) Ltd, purchasing 2,590 shares through open market operations on February…
Goa, India, January 29, 2026: Hon’ble Minister of Petroleum and Natural Gas, Shri Hardeep Singh Puri today launched the path-breaking ACTIVE technology petrol at Jio-bp (the operating…
Petronet LNG Limited (PLL) and Oil and Natural Gas Corporation (ONGC) Limited have signed a Master Regasification Agreement (MRA) under which PLL will provide LNG regasification services…
L&T Ltd. on Friday, January 16, said its hydrocarbon onshore business vertical won a "large" order from Petronet LNG, a joint venture promoted by four leading PSUs — ONGC, Indian Oil…
L&T’s Hydrocarbon Onshore business vertical (L&T Onshore) has won a large order from Petronet LNG
Gandhar Coal & Mines Private Limited, identified as a promoter group entity, acquired 53,816 equity shares of Gandhar Oil Refinery through open market purchase on December 30, 2025. The…
In addition to the announcement today, an announcement in respect of a mandatory tender offer (“MTO”) to the public shareholders of Castrol India Limited, in accordance with the Indian…
Shares of Castrol India are in focus on Friday after Motion JVCo, Stonepeak, and CPP Investment Board launched an open offer to acquire 26% stake in the company.
Canada Pension Plan Investment Board and US private equity firm Stonepeak will launch an open offer to buy up to 26% stake in Castrol's Indian unit at a premium to the current trading…
The open offer aims to acquire up to 26 percent of Castrol India’s equity from public shareholders, excluding the promoter group and certain specified parties. This could involve a…
BP has agreed to sell a 65% stake in Castrol to Stonepeak for about $6 billion, with CPPIB also investing up to $1.05 billion for an indirect stake. The deal gives Stonepeak control of…
Motion JVCo Limited, along with Stonepeak and Canada Pension Plan Investment Board (CPPIB), has made an open offer to acquire up to 26% equity stake in Castrol India Ltd, according to a…
Motion JVCo, part of Stonepeak Infrastructure Fund V, entities associated with it, and CPP Investment Board announced on Wednesday an open offer to public shareholders for up to a 26 per…
Diamond Power bags ₹236 crore order from Adani Energy for Jamnagar project.
there is an LOA of Rs 1.77 crore from Maharashtra Natural Gas Limited for PNG support services
The order valued at $31 million compliments the ongoing development of the renewable energy park in Gujarat.
In September this year, Essar Group’s clean-tech arm Ultra Gas & Energy Ltd (UGEL) announced a Rs 900 crore ($101 million) investment to expand its liquefied natural gas (LNG) refueling…
Browse oil & gas downstream companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 88 oil & gas downstream companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.
Oil Refining Company
Oil & gas downstream₹71,093.43 cr in FY24-25 · net ₹173.53 cr · +61% since FY2018
Filed standalone accounts · Chennai Petroleum Corporation LimitedFocus: Hydrothermal liquefaction of algae and carbonaceous feedstocks into biocrude for biofuels
CPC C10G1/065Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Chains providing fuel, electric vehicle charging, and convenience store services
Oil & gas downstreamEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of polyethylene products
Petrochemicals₹13,557.50 cr in FY24-25 · net −₹688.60 cr · +26% since FY2018
Filed standalone accounts · Haldia Petrochemicals LimitedFocus: Patents concentrated in chemistry & materials
CPC C07F17/00, B01J25/02Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

City gas distribution company
Oil & gas downstream₹12,280.72 cr in FY24-25 · net ₹450.64 cr · +166% since FY2018
Filed standalone accounts · Gail Gas LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Fuel & gas distribution company
Oil & gas downstream₹7,774.00 cr in FY24-25 · net ₹1,044.89 cr · +210% since FY2018
Filed standalone accounts · Mahanagar Gas LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Piped natural gas distribution company
Oil & gas downstream₹5,431.56 cr in FY24-25 · net ₹648.02 cr · +253% since FY2018
Filed standalone accounts · Adani Total Gas LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of energy and power trading solutions across multiple platforms
Oil & gas downstream₹37.90 lakh in FY23-24 · net ₹7.19 lakh · -44% since FY2016
Filed standalone accounts · Manikaran Power Systems Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of white oils
Flavors and fragrances₹3,175.11 cr in FY24-25 · net ₹75.29 cr · +33% since FY2018
Filed standalone accounts · Gandhar Oil Refinery (India) LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufactures lubricants, polymer products and oils
Oil & gas downstream₹3,868.86 cr in FY24-25 · net ₹123.77 cr · +111% since FY2018
Filed standalone accounts · Savita Oil Technologies LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Fuel distribution company
Oil & gas downstream₹3,603.70 cr in FY24-25 · net ₹652.53 cr · +442% since FY2018
Filed standalone accounts · Maharashtra Natural Gas LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer and supplier of bottled LPG gas cylinders
Oil & gas downstreamEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of piped and compressed natural gas distribution networks
Oil & gas downstream₹2,655.81 cr in FY24-25 · net ₹280.52 cr · +213% since FY2018
Filed standalone accounts · Sabarmati Gas LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer and exporters of petroleum products
Oil & gas downstream₹1,787.66 cr in FY24-25 · net ₹116.59 cr · +50% since FY2018
Filed standalone accounts · Panama Petrochem LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer and transporter of Bitumen and LPG
Manufacturing services₹2,019.49 cr in FY24-25 · net ₹53.63 cr · +389% since FY2018
Filed standalone accounts · Agarwal Industrial Corporation LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

LPG distribution service provider
Oil & gas downstreamEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of lubricating oils and greases
Oil & gas downstream₹1,889.92 cr in FY24-25 · net ₹115.65 cr · +74% since FY2018
Filed standalone accounts · Standard Greases And Specialities Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufactures linear alkylbenzene and other organic chemicals
Oil & gas downstream₹1,846.71 cr in FY24-25 · net ₹51.43 cr · +69% since FY2018
Filed standalone accounts · Tamilnadu Petroproducts LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of standard & engineered cryogenic equipment
Oil & gas downstream₹1,335.38 cr in FY24-25 · net ₹225.08 cr · +67% since FY2022
Filed standalone accounts · Inox India LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of LNG importing services
Oil & gas downstream₹696.12 cr in FY24-25 · net −₹45.17 cr · +1005% since FY2018
Filed standalone accounts · Adani Total Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Production of calcined petroleum coke
Oil & gas downstream₹519.84 cr in FY24-25 · net −₹22.03 cr · -13% since FY2018
Filed standalone accounts · Goa Carbon LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufactures intermediates and specialty chemicals
Oil & gas downstream₹669.27 cr in FY24-25 · net −₹8.74 cr · +1% since FY2018
Filed standalone accounts · Manali Petrochemicals LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Natural gas distribution network developer & operator
Oil & gas downstream₹2,893.87 cr in FY24-25 · net ₹40.61 cr · +8566% since FY2018
Filed standalone accounts · Indianoil - Adani Gas Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Oil and gas production, distribution, and refining company
Traditional conglomerates₹949.03 cr in FY23-24 · net ₹48.25 cr · +52% since FY2022
Filed consolidated accounts · Gocl Corporation LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Distributor of natural gas
Oil & gas downstream₹942.12 cr in FY24-25 · net ₹8.07 cr · +223% since FY2018
Filed standalone accounts · Green Gas LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of natural gas distribution services
Oil & gas downstream₹45,638.19 cr in FY24-25 · net ₹4,706.42 cr · +154% since FY2018
Filed consolidated accounts · Torrent Investments LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Distributor of gas in Kanpur
Oil & gas downstreamin FY23-24 · net · since FY2017
Filed standalone accounts · Central U.P. Gas LimitedUS$18.25m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer and supplier of genuine oils, greases, and specialty engine oils for bikes and two-wheelers
Petrochemicalsin FY24-25 · net · since FY2018
Filed standalone accounts · Nandan Petrochem LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Supplier of natural gas
Oil & gas downstreamin FY23-24 · net · since FY2020
Filed standalone accounts · Matrix Gas And Renewables LimitedUS$45.74m across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer and supplier of lubricants and grease
Oil & gas downstreamin FY24-25 · net · since FY2014
Filed standalone accounts · Siddharth Grease & Lubes Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of bitumen and bituminous products for road construction and industrial use
Oil & gas downstreamin FY24-25 · net · since FY2022
Filed standalone accounts · Future Universal Petrochem Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Privately owned company dealing with high-quality petroleum products, lubricants, and dairy products
Oil & gas downstreamin FY24-25 · net · since FY2014
Filed standalone accounts · Dmk Petro Traders And Carrier Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of oil lubricants
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · Amit Petrolubes Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of a vast array of speciality lubricants
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · Carl Bechem Lubricants (India) Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of natural gas distribution company
Oil & gas downstreamin FY24-25 · net · since FY2021
Filed standalone accounts · Bhagyanagar Gas LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer of premium quality industrial & automotive lubricants
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · Arabian Petroleum LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

CNG and PNG distributor
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · Vadodara Gas LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Petrochemical company operating two refineries and producing solvent
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · Arham Petrochem Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of various oil and lubricant products for industrial use
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · Kesri Oil Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of industrial lubricant additives and packages
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · United Petrofer LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Company is a diversified business group with expertise in global trading of petroleum products
Oil & gas downstreamin FY18-19 · net · since FY2014
Filed standalone accounts · Jainam Industries Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of LPG products for domestic and commercial use, including fleet management solutions
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · Samriddhi Petroproducts Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Distributor & supplier of PNG to domestic, commercial, industrial, and CNG for the automobile sector
Oil & gas downstreamin FY24-25 · net · since FY2023
Filed standalone accounts · Megha City Gas Distribution Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of eco friendly natural gas to domestic, commercial, and industrial units
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · Tripura Natural Gas Co LtdEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of refinery oil
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · I F P Petro Products Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer and marketer of lubricants with a license
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · Quebec Petroleum Resources Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer and supplier of mineral turbine oil, base oil, industrial mix solvent, and fuel oil at competitive prices
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · Vishveshwar Oil And Lubricants Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of petrochemical products including metal forming fluids, refrigeration oil, gear oil, and other industrial lubricants
Oil & gas downstreamin FY24-25 · net · since FY2020
Filed standalone accounts · Goc Petrochemicals Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of ethanol and other clean energy fuel services
Oil & gas downstreamin FY24-25 · net · since FY2023
Filed standalone accounts · Bluebrahma Clean Energy Solutions Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Company that delivers process engineering solutions to the oils and fats industry
Oil & gas downstreamEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of chemical products
Diversified chemicalsin FY23-24 · net · since FY2017
Filed standalone accounts · Amritesh Industries Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
No matching company in this list.
This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.
Open oil & gas downstream in India on RadarBrowse downstream oil and gas companies in India, from refiners and fuel distributors to LPG, lubricant and city gas providers. You can also find a list of downstream oil and gas companies and listed oil and gas companies in India.
Companies distributing petrol, diesel and running fuel stations and delivery.

Provider of piped and compressed natural gas distribution networks
Oil & gas downstream
Provider of natural gas distribution services
Oil & gas downstream
Provider of fuel & diesel delivery services
Oil & gas downstreamManufacturer of automotive fuel based in Mumbai, India. The company engages in producing, packaging, distributing and marketing automotive fluids, diesel, gear oil and grease.
Oil & gas downstream
Fuel distribution company
Oil & gas downstreamProviders of LPG, piped natural gas and CNG.

CNG and PNG distributor
Oil & gas downstreamProvider of LPG gas for domestic, commercial, and industrial sectors
Oil & gas downstream
Company that specializes in the production and distribution of compressed biogas, also known as Bio CNG, a renewable and ecofriendly alternative to traditional fossil fuels
Bioenergy
Provider of LPG gas providing services
Oil & gas downstream
Provider of eco friendly fuel solutions, offering green energy solutions in the form of eco fuels and renewable fuel solutions
Oil & gas downstreamMakers and suppliers of lubricants, greases and specialty oils.

Manufacturer of white oils
Flavors and fragrances
Manufactures lubricants, polymer products and oils
Oil & gas downstream
Manufacturer and supplier of bottled LPG gas cylinders
Oil & gas downstream
Manufacturer of lubricating oils and greases
Oil & gas downstream
Manufacturer and supplier of lubricants and grease
Oil & gas downstreamRefineries and petrochemical, polymer and chemical manufacturers.

Manufacturer of polyethylene products
Petrochemicals
Manufacturer and supplier of genuine oils, greases, and specialty engine oils for bikes and two-wheelers
Petrochemicals
Manufacturer and supplier of lubricants and grease
Oil & gas downstream
Government entity focused on refinery petroleum
Energy regulatory & industry bodies
Provider of bitumen and bituminous products for road construction and industrial use
Oil & gas downstreamProducers of biodiesel, compressed biogas and greener fuels.

Company that specializes in the production and distribution of compressed biogas, also known as Bio CNG, a renewable and ecofriendly alternative to traditional fossil fuels
Bioenergy
Provider of eco friendly fuel solutions, offering green energy solutions in the form of eco fuels and renewable fuel solutions
Oil & gas downstream
Manufacturer and transporter of Bitumen and LPG
Manufacturing services
Developer of solar energy projects & oil and gas transportation company
Solar energy
Distributor of biodiesel oil
Oil & gas downstreamLarge energy groups with downstream oil and gas businesses.

Oil and gas production, distribution, and refining company
Traditional conglomerates
Provider of energy and power trading solutions across multiple platforms
Oil & gas downstream
Provider of oil trading and refining services
Oil & gas downstream
Provider of gas pipeline maintenance services
Oil & gas midstream
Developer of solar energy projects & oil and gas transportation company
Solar energyPublicly listed downstream oil and gas companies.
Oil Refining Company
Oil & gas downstream
Fuel & gas distribution company
Oil & gas downstream
Piped natural gas distribution company
Oil & gas downstream
Manufacturer of white oils
Flavors and fragrances
Manufactures lubricants, polymer products and oils
Oil & gas downstreamNewer downstream oil and gas companies founded in recent years.

Provider of bitumen and bituminous products for road construction and industrial use
Oil & gas downstream
Provider of ethanol and other clean energy fuel services
Oil & gas downstream
Oil and gas company that develops and supplies gas fueling solutions, including compressed natural gas dispensers and equipments
Oil & gas downstream
Provider of piped natural gas solutions for domestic and industrial use
Oil & gas downstream
Provider of gas distribution services
Oil & gas downstreamDownstream oil and gas companies with open jobs right now.

Chains providing fuel, electric vehicle charging, and convenience store services
Oil & gas downstream
Piped natural gas distribution company
Oil & gas downstream
Provider of energy and power trading solutions across multiple platforms
Oil & gas downstream
Manufactures lubricants, polymer products and oils
Oil & gas downstream
Manufacturer and transporter of Bitumen and LPG
Manufacturing servicesThe most-installed Android apps published by oil & gas downstream companies headquartered in India — 3.9M installs between them. 21 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
CIN L23201DL1998PLC097614CIN L40200MH1995PLC088133CIN U40200DL2008GOI178614CIN U40300DL2013PTC258690CIN U50100MH2015PLC327401CIN U67120GJ1985PLC007573CIN U40200UP2005PLC029538CIN U40106GJ2013PLC076828CIN U40200GJ2006PLC048397Revenue, profit and growth from the filed annual accounts of 80 oil & gas downstream companies in India for FY24-25 — 96 of the 196 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 74% of the revenue, so medians describe the typical company better than totals.
80 companies filing accounts
4.2% aggregate margin
66 of 80 companies
the typical company
into FY24-25
revenue concentration
The number of companies filing changes each year; the three-year cohort below compares like with like.
Companies with accounts for all three years, so growth is not an artefact of who filed.
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
78 companies with accounts for both years; median growth +7%.
The aggregate margin is pulled up by a few large filers; the median shows the typical company.
| Company | Growth | Revenue |
|---|---|---|
| GasonetGASONET SERVICES (RJ) LIMITED | +490% | |
| Classic BitumenCLASSIC BITUMEN PRIVATE LIMITED | +204% | |
| AtplonlineAPPLIED TECHNO PRODUCTS PRIVATE LIMITED | +152% | ₹20.90 cr |
| Ripple InfraRIPPLE SMART METERING LIMITED | +145% | |
| Vijay PetrochemVIJAY PETROCHEM PRIVATE LIMITED | +123% | ₹277.61 cr |
| Indradhanush Gas GridINDRADHANUSH GAS GRID LIMITED | +84% | ₹11.03 cr |
| Company | Margin | Revenue |
|---|---|---|
| AsiaticGasASIATIC GASES LTD | 38.9% | ₹26.65 cr |
| Mercados Energy Markets IndiaMERCADOS ENERGY MARKETS INDIA PRIVATE LIMITED | ||
| AVI-OIL INDIAAVI-OIL INDIA PRIVATE LIMITED | 24.2% | ₹128.13 cr |
| MNGLMAHARASHTRA NATURAL GAS LIMITED | 18.1% | ₹3,603.70 cr |
| Linde plcLINDE INDIA LIMITED | 17.5% | |
| INOXCVAInox India Limited | 16.9% | ₹1,335.38 cr |
| Sub-sector | Companies | Revenue | Median revenue | Profitable | Margin |
|---|---|---|---|---|---|
| Oil & gas downstream | 70 | ₹200,227.04 cr | ~₹173.1 cr | 83% | 4.9% |
| Company · legal entity | Revenue | Net result | Margin | Growth |
|---|---|---|---|---|
| Chennai Petroleum CorporationCHENNAI PETROLEUM CORPORATION LIMITED | ₹71,093.43 cr | ₹173.53 cr | 0.2% | -10% |
| Petronet LNGPETRONET LNG LIMITED | ₹3,926.37 cr | |||
| Indraprastha Gas LimitedINDRAPRASTHA GAS LIMITED | ₹16,908.00 cr | 8.7% | ||
| Haldia PetrochemicalsHALDIA PETROCHEMICALS LIMITED | ₹13,557.50 cr | −₹688.60 cr | -5.1% | +8% |
| GAIL GasGAIL GAS LIMITED | ₹12,280.72 cr | ₹450.64 cr | 3.7% | +12% |
| Mahanagar GasMAHANAGAR GAS LIMITED | ₹7,774.00 cr | ₹1,044.89 cr | 13.4% | +10% |
| Adani GasADANI TOTAL GAS LIMITED | ₹5,431.56 cr | ₹648.02 cr | 11.9% | +12% |
| Budge Budge RefineriesBUDGE BUDGE REFINERIES LTD | ₹4,320.18 cr | +6% | ||
| Savita Oil TechnologiesSAVITA OIL TECHNOLOGIES LIMITED | ₹3,868.86 cr | ₹123.77 cr | 3.2% | +1% |
| MNGLMAHARASHTRA NATURAL GAS LIMITED | ₹3,603.70 cr | ₹652.53 cr | 18.1% | +20% |
Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.
The financials above are one chapter. The full oil & gas downstream landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.
The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.
8 recorded equity rounds have gone to 245 oil & gas downstream companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.
US$0k
US$0k
2 rounds in India
last 24 months
Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2023, with US$42.98m across 1 rounds.
Equity rounds over the last five years, 245 oil & gas downstream companies in India among 245 in India.
Each deal appears in the events strip at the top of the page.
Go deeper in the oil & gas downstream landscape reports:
Accounting and Tax Software Industry Landscape of India AdTech Industry Landscape of India Aerospace, Maritime and Defense Industry Landscape of IndiaMeet the people behind oil & gas downstream companies in India. 70 of 196 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Oil & gas downstream companies in India with the highest one-year revenue growth among those reporting at least ₹5 crore in revenue. Growth is the reported one-year change for the period shown.
Oil & gas downstreamProvider of piped natural gas solutions for domestic and industrial use

Oil & gas downstreamSupplier of testing and maintenance equipment for electrical power systems
Founders
Details not available
Solar energyDeveloper of solar energy projects & oil and gas transportation company
Provider of mechanical and electrical engineering services, facilities management, and decarbonization solutions
Founders
Details not available
Oil & gas downstreamProvider of ethanol and other clean energy fuel services
Founders
Details not available
Oil & gas downstreamCompany is a diversified business group with expertise in global trading of petroleum products
Founders
Details not available
Oil & gas midstreamProvider of gas pipeline maintenance services
Oil & gas downstreamJapanese manufacturer of fuel dispensing equipment and solutions, serving the retail petroleum industry globally
Founders
Details not available
Oil & gas downstreamProvider of gas distribution services
Founders
Details not available
Oil & gas downstreamChains providing fuel, electric vehicle charging, and convenience store services
Oil & gas downstreamOil and gas company that develops and supplies gas fueling solutions, including compressed natural gas dispensers and equipments
Founders
Details not available
Oil & gas downstreamProvider of oil trading and refining services
Founders
Details not available
in FY24-25 · net · +490% since FY2024
Filed standalone accounts · Gasonet Services (Rj) Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹20.90 cr in FY24-25 · net ₹58.98 lakh · +170% since FY2018
Filed standalone accounts · Applied Techno Products Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹13.81 cr · since FY2018
Filed standalone accounts · Mercados Energy Markets India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹57.65 cr in FY24-25 · net · +30% since FY2018
Filed standalone accounts · Globe Gas Equipments Industry Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2023
Filed standalone accounts · Bluebrahma Clean Energy Solutions Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY18-19 · net · since FY2014
Filed standalone accounts · Jainam Industries Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹100.41 cr in FY24-25 · net ₹6.71 cr · +2760% since FY2018
Filed standalone accounts · Rudra Gas Enterprise LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹95.05 cr in FY24-25 · net ₹13.60 cr · +51% since FY2022
Filed standalone accounts · Tatsuno India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹23.47 cr in FY24-25 · net ₹42.78 lakh · +510% since FY2022
Filed standalone accounts · Gasorex Sr Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · +653% since FY2018
Filed standalone accounts · Jainam Alternate Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies whose recorded headcount rose the most between the two most recent team-size snapshots. A larger team is a signal of momentum, not of profitability.
Energy Tec is an oil & energy company based out of NO.
Founders
Details not available
Oil & gas downstreamManufacturer of turnkey projects, equipment, and machinery
Founders
Details not available
Solar energyDeveloper of solar energy projects & oil and gas transportation company
Gujarat Refinery Indian Oil Corporation Limited is a consumer services company based out of Estate Office, Vadodara, Gujarat, India.
Founders
Details not available
\Mechanical Engineering World\ is a leading community knowledge in the world which is related to oil and gas, petrochemical industry, refinery, power plant and offshore.
Founders
Details not available
Oil & gas downstreamProvider of refinery oil
Founders
Details not available
Motivated by precision, fuelled by dynamism and aimed at unhindered efficacy- It's ‘Quinteze', the name that has been inspiring faith in the hearts of thousand customers with diverse needs like Housekeeping, Catering, Staff Transportation & Security.
Founders
Details not available
Western Coalfields Limited (Wcl) Is One Of The Eight Subsidiary Companies Of Coal India Limited (Cil) Which Is Under Administrative Control Of Ministry Of Coal.
Founders
Details not available
Oil & gas downstreamPiped natural gas distribution company
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹13.81 cr · since FY2018
Filed standalone accounts · Mercados Energy Markets India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · I F P Petro Products Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹5,431.56 cr in FY24-25 · net ₹648.02 cr · +253% since FY2018
Filed standalone accounts · Adani Total Gas LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Oil & gas downstream companies in India founded in the last four years, newest first.
Oil & gas downstreamManufacturer of bitumen products for road and highway construction projects
Oil & gas downstreamClean energy company focused on promoting methanol as a low-carbon alternative fuel to fossil fuels
Manufacturer of specialty chemicals and refining products, aiming to provide solutions for various industries
Founders
Details not available
Manufacturer, trader & exporter of petroleum, lubricants, and other chemical products
Founders
Details not available
Oil & gas downstreamProvider of petroleum products trading services
Founders
Details not available
Provider of imported and domestic coal and petroleum products solutions
Founders
Details not available
Oil & gas downstreamCompany that offers a range of products and services related to petroleum products, including fuel information and genuine product sales, with a focus on trusted and reliable solutions for customers
Founders
Details not available
Oil & gas downstreamProvider of lubricants for automotive and industrial applications
Founders
Details not available
Oil & gas downstreamSupplier of natural gas

Oil & gas downstreamProvider of piped natural gas solutions for domestic and industrial use

Oil & gas downstreamProvider of gas distribution services
Founders
Details not available
Manufacturer of flue gas purification technology and equipment
Founders
Details not available
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹88.96 cr in FY24-25 · net ₹25.58 lakh · +551% since FY2018
Filed standalone accounts · Piramal Petroleum Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY23-24 · net · since FY2020
Filed standalone accounts · Matrix Gas And Renewables LimitedUS$45.74m across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · +490% since FY2024
Filed standalone accounts · Gasonet Services (Rj) Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies with the most distinct news events in the last 24 months across the business press Fliar tracks.
Oil & gas downstreamCastrol India is engaged in manufacturing of lubricants such as car engine oils & motor cycle oils for industrial and automotive companies.
Founders
Details not available
Oil & gas downstreamProvider of LNG gas transportation services
Distribution of gas as piped natural gas
Oil & gas downstreamProvider of LNG importing services
Oil & gas downstreamFuel & gas distribution company
Oil & gas downstreamGulf Oil India is a leading lubricant manufacturing and marketing company in India. Present since the 1920s, Gulf Oil is committed to delivering exceptional performance.
Founders
Details not available
Home | Linde Industrial Gases
Founders
Details not available
Linde India Ltd is a manufacturer of industrial gases. It operates in two segments: Gases and Related Products, which comprises pipeline gas supplies (Onsite) to large industrial customers, mainly the steel, glass, and chemical industries; and Project Engineering, which includes design, engineering, supply, installation, testing, and commissioning of Air Separation Plants and related projects on turnkey basis. The majority of its revenue comes from its Gases segment from the domestic market.
Founders
Details not available
Oil & gas downstreamGujarat State Petronet is an oil and gas exploration, development, and production company.
Founders
Details not available
Oil & gas downstreamFuel distribution company
Oil & gas downstreamManufactures intermediates and specialty chemicals
Oil & gas downstreamProduction of calcined petroleum coke
Founders
Details not available
Focus: Patents concentrated in transport & manufacturing processes
CPC B65D41/48, C10M169/04Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹3,926.37 cr · since FY2018
Filed standalone accounts · Petronet Lng LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹16,908.00 cr in FY24-25 · net · +231% since FY2018
Filed standalone accounts · Indraprastha Gas LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹696.12 cr in FY24-25 · net −₹45.17 cr · +1005% since FY2018
Filed standalone accounts · Adani Total Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹7,774.00 cr in FY24-25 · net ₹1,044.89 cr · +210% since FY2018
Filed standalone accounts · Mahanagar Gas LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹447.81 cr · -10% since FY2024
Filed standalone accounts · Linde India LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹3,603.70 cr in FY24-25 · net ₹652.53 cr · +442% since FY2018
Filed standalone accounts · Maharashtra Natural Gas LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹669.27 cr in FY24-25 · net −₹8.74 cr · +1% since FY2018
Filed standalone accounts · Manali Petrochemicals LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹519.84 cr in FY24-25 · net −₹22.03 cr · -13% since FY2018
Filed standalone accounts · Goa Carbon LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
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