Balkrishna Industries Profile
Key Indicators
- Authorised Capital ₹ 91.00 Cr
- Paid Up Capital ₹ 38.66 Cr
- Company Age 63 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 488.52 Cr
- Satisfied Charges ₹ 3,833.64 Cr
- Revenue Growth 16.68%
- Profit Growth -23.53%
- Ebitda -13.15%
- Net Worth 9.60%
- Total Assets 13.04%
About Balkrishna Industries
Balkrishna Industries Limited (BIL) was founded in India on 20 November 1961 and has a glorious history of 63 years and three months. Its registered office is in Aurangabad, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502355 and on the National Stock Exchange(NSE) under BALKRISIND.
The Corporate was formerly known as Balkrishna Paper Mills Limited. The Company is engaged in the Automotive 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 91.00 Cr and a paid-up capital of Rs 38.66 Cr.
The company currently has active open charges totaling ₹488.52 Cr. The company has closed loans amounting to ₹3,833.64 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Balkrishna Industries Limited India are Madhu Bajaj as CFO and Vipul Shah as Company Secretary. Shruti Shah, Rahul Dutt, Vipul Shah, and Five other members serve as directors at the Company.
Company Details
- Location
Aurangabad, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L99999MH1961PLC012185
- Company No.
012185
- Stock Symbol
BSE : 502355 NSE : BALKRISIND
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Nov 1961
- Date of AGM
19 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
What products or services does Balkrishna Industries Limited offer?
Balkrishna Industries Limited offers a wide range of products and services, including Tyre, Tube & Flaps, Off Road Tyres, Commercial Vehicles & Three Wheelers, Trucks, Commercial Vehicle Tyres, Truck Tyres, Trailer Tyre, Loader Tyre, Heavy Duty Truck Tyre, Tractor Tyres.
Who are the key members and board of directors at Balkrishna Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Madhu Bajaj | CFO | 24-Sep-2020 | Current |
Vipul Shah  | Company Secretary | 01-Jun-1995 | Current |
| Arvind Poddar | Managing Director | 31-Jan-2004 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajiv Poddar | Whole-Time Director | 22-Jan-2009 | Current |
| Pannkaj Ghadiali | Director | 08-Nov-2017 | Current |
| Laxmidas Merchant | Director | 22-Apr-2024 | Current |
| Shruti Shah | Director | 08-Feb-2019 | Current |
| Rahul Dutt | Director | 09-Apr-2024 | Current |
| Vipul Shah | Company Secretary and Whole-Time Director | 11-Feb-2012 | Current |
Financial Performance of Balkrishna Industries.
Balkrishna Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.68% increase. The company also saw a substantial fall in profitability, with a 23.53% decrease in profit. The company's net worth moved up by a moderate rise of 9.6%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Balkrishna Industries?
In 2023, Balkrishna Industries had a promoter holding of 58.30% and a public holding of 41.72%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Surajkiran Solar Technologies LimitedShruti Shah is a mutual person
P C Ghadiali And Co LlpPannkaj Ghadiali is a mutual person
Strand Life Sciences Private LimitedRahul Dutt is a mutual person
Sterling And Wilson Renewable Energy LimitedRahul Dutt is a mutual person
Goldiam International LimitedPannkaj Ghadiali is a mutual person
- Goldiam Jewellery Limited
Pannkaj Ghadiali is a mutual person
Charges (Loans)
₹488.52 Cr
₹3,833.64 Cr
Charges Breakdown by Lending Institutions
- Others : 488.52 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Oct 2022 | Others | ₹488.52 Cr | Open |
| 20 Nov 2021 | State Bank Of India | ₹200.00 Cr | Satisfied |
| 23 Sep 2016 | Others | ₹721.18 Cr | Satisfied |
| 01 Apr 2015 | Axis Trustee Services Limited | ₹594.75 Cr | Satisfied |
| 21 Jan 2015 | Standard Chartered Bank | ₹25.00 Cr | Satisfied |
How Many Employees Work at Balkrishna Industries?
Balkrishna Industries has a workforce of 3711 employees as of Apr 10, 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 Balkrishna Industries, 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 Balkrishna Industries'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.
