What Eastern Petroleum does

Eastern Petroleum Private Limited is an Indian petroleum products manufacturer established in 1964 and headquartered in Mumbai, with manufacturing operations at a state-of-the-art plant in Panvel, Raigad District, Maharashtra. The company produces a wide portfolio of petroleum-derived products including automotive, industrial, and marine lubricants; metalworking fluids; petroleum sulfonates (sodium, calcium, barium, and magnesium variants); fuel and lube additives; process oils; specialty oils and waxes; solvents; and construction-related oils, sold primarily under the EASTTO brand. Its product catalog spans 50+ SKUs across 22 grades, with a diverse range covering Industrial Oils, Specialty Oils, Metal Working Fluids, Textile Oils, Automotive Oils, Industrial Greases, Base Oils, Sulphonates, and Solvents. The company operates an in-house quality assurance and R&D laboratory staffed by technically qualified scientists, and packages products in 210-litre drums, 180-kg drums, 20-litre drums, and bulk tanker loads.

The company operates a B2B, sales-led model targeting industrial and manufacturing customers including automotive, marine, textile, metalworking, construction, and rubber processing segments. Pricing is quote-based for industrial buyers, with no publicly disclosed pricing. Distribution is direct from the Panvel plant to both domestic Indian customers and export markets, with the company claiming a global footprint across 55+ countries spanning South Asia, Southeast Asia, the Middle East, Africa, Europe, North America, South America, East Asia, and Oceania. No named customer logos were disclosed, and the company claims 6,000+ satisfied customers cumulatively over 55 years. The company is privately held, with no disclosed investors, funding rounds, M&A activity, or leadership team information available in the public data. Eastern Petroleum is also a minority brand in publicly traded Indian lubricant majors such as Gulf Oil, Castrol, and Shell, and competes primarily on price-value positioning in mid-tier industrial and specialty applications, with toll blending services offered as a secondary revenue stream utilizing surplus manufacturing capacity.

Name

Eastern Petroleum

Legal name

Eastern Petroleum Private Limited

Website

https://easternpetroleum.in

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

1–10 employees

Short description

Eastern Petroleum Private Limited is an Indian petroleum products manufacturer (founded 1964, Mumbai) producing 50+ specialty lubricants, metalworking fluids, petroleum sulfonates, and process oils under the EASTTO brand for industrial, automotive, marine, textile, and construction customers, with global export presence.

Ownership category

akta.pro rank

Product category

Industrial Lubricants

NAICS

Petroleum Lubricating Oil and Grease Manufacturing (324191), All Other Petroleum and Coal Products Manufacturing (324199), Petrochemical Manufacturing (32511)

SIC

Miscellaneous Products Of Petroleum & Coal (2990), Chemicals & Allied Products (2800)

akta.pro primary industry

Fuel Additives & Lubricant Additives (IMAEAMAL)

akta.pro secondary industries

Packaging, Filling & Private Label / Contract Manufacturing (EUALAJAD), Lubricants, Fluids & Chemical Products Distribution (Oils, Coolants, AdBlue/DEF, Cleaners) (TLAKAOAL), Oilfield & Refining Specialty Chemicals (IMAEABAI)

Keywords

• Industrial lubricants
• Petroleum sulfonates
• Metal working fluids
• Automotive lubricants
• Specialty petroleum oils

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure

Revenue model

1. Petroleum Products Manufacturing and Sales: Manufacturing and marketing of Petroleum Sulphonates, Automotive, Industrial and Marine Lubricants, Metal Working Fluids, Fuel and Lube Additives, Lube Specialities, Petroleum Paraffins (Heavy and Light), Waxes, and Solvents. Products are sold in various packaging including 210 Litres Drums, 180 Kg Drums, and bulk quantities.
2. Toll Blending Services: The company offers surplus manufacturing capacity to cater to other parties to manufacture/fill their brand of product by way of toll blending, providing additional revenue stream from excess capacity utilization.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Eastern Petroleum manufactures and markets Petroleum Sulphonates, Automotive, Industrial and Marine Lubricants, Metal Working Fluids, Fuel and Lube Additives, Lube Specialities, Petroleum Paraffins (Heavy and Light), Waxes, and Solvents. The company operates a state-of-art manufacturing plant in Panvel, Maharashtra with an in-house laboratory for Quality Assurance and Research and New Product Development, and also offers surplus toll blending capacity for third-party manufacturing.

Product overview

Eastern Petroleum is a petroleum and lubricant manufacturing company established in 1964, offering a comprehensive portfolio of over 50 petroleum products across industrial, automotive, and specialty categories. The product line includes: Industry Oils (Turbine Oil, Hydraulic Oils in multiple formulations including Antiwear, HLP, HVI, and Zinc-Free variants, Industrial Gear Oil, Compressor Oil, Machinery Oil, Refrigeration Oil, Sugar Mill Oil, Open Gear Oil, MIST Oil, Steel Mill Oil, Morgan Bearing Oil); Industry Specialty Oils (Heat Transfer Fluid, Rubber Process Oil, Mould Oil, Agricultural Spray Oil, Fire Resistant Hydraulic Fluid, Concrete Form Oil, Aluminium Rolling Oils); Metal Working Fluids (Soluble Cutting Oil, Semi Synthetic Cutting Oil, Neat Cutting Oils, Quenching Oils, Rust Preventives, EDM Oil, Metal Drawing Oils); Textile Oils (Textile Oil, Spindle Oil, Knitting Oil, Coning Oil, Loom Oil, Wool Combing Oil); Automotive Oils (Engine Oil, 4T Motorcycle Oil, Gear Oil, Transmission Oil, Brake Fluid, Radiator Coolant); Industrial Greases (Silicone Grease, Multi Purpose Grease, EP Grease, Moly Grease, High Temperature Grease); Specialty Oils and Waxes (Transformer Oil, Liquid Paraffins, Petroleum Jelly, Waxes); and Chemical Intermediates (Petroleum Sulphonates, Solvents, Fuel Additives). The company also provides toll blending services for third-party manufacturing. The products are primarily sold under the EASTTO brand and are distributed across India and export markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Turbine Oil
• Hydraulic Oil
• Industrial Gear Oil
• Compressor Oil
• Heat Transfer Fluid
• Soluble Cutting Oil
• Semi Synthetic Cutting Oil
• Neat Cutting Oil
• Quenching Oil
• Rust Preventives
• Textile Oil
• Knitting Oil
• Coning Oil
• Engine Oil
• 4T Motor Cycle Oil
• Radiator Coolant
• Silicone Grease
• Multi Purpose Grease
• Transformer Oil
• Light Liquid Paraffin
• Sodium Petroleum Sulphonate
• Rubber Process Oil
• Mould Oil
• Agricultural Spray Oil
• Fire Resistant Hydraulic Fluid
• Base Oil
• Mosquito Larvicidal Oil
• Toll Blending Services

Segments7 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Shell Lubricants India: Shell Lubricants is the global major's India business offering automotive, industrial, and marine lubricants. Comparable product categories but vastly larger scale, R&D resources, and OEM approvals make it a broad incumbent rather than direct peer.
• Bharat Petroleum (MAK Lubricants): Bharat Petroleum manufactures and markets MAK-branded lubricants in India across automotive and industrial segments. Overlaps with Eastern Petroleum's industrial and automotive product mix but operates as a diversified oil major with much larger scale.
• Castrol India: Castrol India is the Indian arm of BP's Castrol brand, manufacturing and selling automotive and industrial lubricants nationwide. Overlaps broadly with Eastern Petroleum's product categories but operates at vastly larger scale with major OEM approvals and brand investment.
• Indian Oil Corporation (Lubes Division): Indian Oil Corporation is India's largest oil marketing company and a major domestic lubricant manufacturer under the SERVO brand. Significant overlap in industrial and automotive lubricants with a vastly larger distribution and refining footprint.
• Petronas Lubricants International: Petronas Lubricants is the global lubricants arm of Malaysia's Petronas, manufacturing industrial and automotive lubricants worldwide. Comparable product portfolio and global export orientation, but at much larger scale and with stronger OEM relationships.

Direct peers

• APAR Industries: APAR Industries is an Indian specialty oils, lubricants, and cables manufacturer with significant global export operations in transformer oil, petroleum sulphonates, and industrial lubricants. Closely comparable product mix (specialty oils, additives, sulphonates) and India-based manufacturing with international distribution.
• Fuchs Petrolub / Fuchs India: Fuchs Petrolub is a German-headquartered specialty lubricants manufacturer with a large Indian subsidiary, offering industrial lubricants, metalworking fluids, and automotive oils. Comparable in specialty lubricant focus, technical depth, and global manufacturing footprint.
• Veedol International: Veedol is an Indian-origin lubricant brand (now owned by Tide Water Oil) selling engine oils, industrial lubricants, and greases globally with strong presence in Asia, Africa, and the Middle East. Comparable export-driven distribution model and overlapping industrial/automotive product mix.
• Tide Water Oil (India): Tide Water Oil is an Indian-headquartered lubricant manufacturer (maker of Veedol-branded engine and industrial oils) with comparable product breadth across automotive and industrial lubricants. Most analogous to Eastern Petroleum in scale, channel mix, and India-based private manufacturing profile.
• Gulf Oil Lubricants India: Gulf Oil Lubricants India is the Indian subsidiary of Gulf Oil International, manufacturing and marketing automotive and industrial lubricants in India. Comparable in product categories (engine oils, gear oils, industrial lubricants) and India-centric B2B channel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/eastern-petroleum-pvt-ltd---india

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eastern Petroleum