Balar Fabrics Private Limited

Textile manufacturer and exporter of saree, suit, khanga, kitenge, lungi, nighty, and odhani fabrics.

1991 | Pali, Rajasthan (India) | Active
Last Updated: October 24, 2024

Balar Fabrics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.08 Cr
  • Company Age 33 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.66 Cr
  • Satisfied Charges ₹ 21.28 Cr
  • Revenue Growth -8.72%
  • Profit Growth -83.88%
  • Ebitda -59.75%
  • Net Worth 2.43%
  • Total Assets 39.40%

About Balar Fabrics

Balar Fabrics Private Limited (BFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 June 1991 and has a history of 33 years and eight months. Its registered office is in Pali, Rajasthan, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.08 Cr.

The company currently has active open charges totaling ₹24.66 Cr. The company has closed loans amounting to ₹21.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

Achal Balar and Piyush Balar serve as directors at the Company.

Company Details

  • Location

    Pali, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17124RJ1991PTC006028

  • Company No.

    006028

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

What products or services does Balar Fabrics Private Limited offer?

Balar Fabrics Private Limited offers a wide range of products and services, including Fabric, Printed Fabrics, African Print Fabric, Apparel & Clothing Fabric, Nighty Fabric, Fancy Fabric, Polyester Textile, Polyester Fabric.

Who are the key members and board of directors at Balar Fabrics?

Board Members (2)

NameDesignationAppointment DateStatus
Achal Balar Country flag representing In Director 07-Jun-1991Current
Piyush Balar Country flag representing In Director 26-Sep-2000Current

Financial Performance of Balar Fabrics.

Balar Fabrics Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.72% decrease. The company also saw a substantial fall in profitability, with a 83.88% decrease in profit. The company's net worth moved up by a moderate rise of 2.43%.

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
-8.72%
Revenue from Operations
-9.32%
Total Assets
39.40%
Profit or Loss
-83.88%
Net Worth
2.43%
EBITDA
-59.75%

What is the Ownership and Shareholding Structure of Balar Fabrics?

In 2023, Balar Fabrics had a promoter holding of 27.23% and a public holding of 72.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.66 Cr

Satisfied Charges

₹21.28 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 23.45 Cr
  • Others : 1.21 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jul 2022Others₹1.21 CrOpen
24 May 2016Hdfc Bank Limited₹23.45 CrOpen
13 Feb 1999State Bank Of Bikaner And Jaipur₹21.28 CrSatisfied

How Many Employees Work at Balar Fabrics?

Balar Fabrics has a workforce of 153 employees as of Mar 27, 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 Balar Fabrics, 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 Balar Fabrics'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 Balar Fabrics

Recent activity within the organization

  • Annual General Meeting

    Balar Fabrics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Balar Fabrics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.21 Cr with Charge ID 100587210 was registered on 02 Jul 2022.

    02 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 23.45 Cr registered on 24 May 2016 with Charge ID 100028493 was modified on 26 Jul 2021.

    26 Jul 2021

  • Charges

    A charge registered on 13 Feb 1999 via Charge ID 90074903 with State Bank Of Bikaner And Jaipur was fully satisfied on 08 Jun 2016.

    08 Jun 2016

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 23.45 Cr with Charge ID 100028493 was registered on 24 May 2016.

    24 May 2016

Frequently asked questions

  • Balar Fabrics Private Limited was incorporated on 07 Jun 1991.

  • The authorized share capital of Balar Fabrics Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.08 Cr.

  • Currently 2 directors are associated with Balar Fabrics Private Limited.

    • Achal Chand Balar
    • Piyush Kumar Balar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balar Fabrics Private Limited is Plot No.E-3 1St Phase Industrial Area, India, Pali-Marwar, Rajasthan, 306401.

  • The corporate identification number (CIN) of Balar Fabrics Private Limited is U17124RJ1991PTC006028 and the company number is 006028 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Balar Fabrics Private Limited has fallen by -8.72%.

  • As Per 2023 financial reports, 153 employees are currently employed by Balar Fabrics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Balar Fabrics Private Limited has experienced an upsurge of 2.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Balar Fabrics Private Limited amount to ₹ 24.66 Cr.

  • The most recent Balance Sheet for Balar Fabrics Private Limited was filed with the ROC on 31 Mar 2023.