Bally Jute Company Ltd

Manufacturer of jute products for packaging, flooring, and fabric with ISO certification.

1982 | Howrah, West Bengal (India) | Active
Last Updated: November 16, 2024

Bally Jute Company Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 12.91 Cr
  • Company Age 42 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 129.32 Cr
  • Satisfied Charges ₹ 116.00 Cr
  • Revenue Growth 17.05%
  • Profit Growth 36.23%
  • Ebitda 21.68%
  • Net Worth 5.09%
  • Total Assets 3.61%

About Bally Jute Company

Bally Jute Company Ltd (BJCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 September 1982 and has a history of 42 years and five months. Its registered office is in Howrah, West Bengal, India.

The Company is engaged in the Packaging 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 13.00 Cr and a paid-up capital of Rs 12.91 Cr.

The company currently has active open charges totaling ₹129.32 Cr. The company has closed loans amounting to ₹116.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bally Jute Company Ltd India is Sanjay Agarwal as CFO. Ajit Jain, Shyam Singh, Nibedita Majumder, and One other member serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ballyjute.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L51909WB1982PLC035245

  • Company No.

    035245

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Sep 1982

  • Date of AGM

    05 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Packaging

What products or services does Bally Jute Company Ltd offer?

Bally Jute Company Ltd offers a wide range of products and services, including Apparel & Textile Machinery, Spinning Machinery, Bulk Bags & Sacks, Gunny Bags.

Who are the key members and board of directors at Bally Jute Company?

Executive Team (1)

NameDesignationAppointment DateStatus
Sanjay Agarwal Country flag representing In CFO10-Feb-2006Current

Board Members (4)

NameDesignationAppointment DateStatus
Dipankar Sarkar Country flag representing In Director 26-Feb-2020Current
Ajit Jain Country flag representing In Director 05-Sep-2023Current
Shyam Singh Country flag representing In Director 05-Mar-2021Current
Nibedita Majumder Country flag representing In Director 04-May-2015Current

Financial Performance of Bally Jute Company.

Bally Jute Company Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 17.05% increase. The company also saw a substantial improvement in profitability, with a 36.23% increase in profit. The company's net worth moved up by a moderate rise of 5.09%.

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
17.05%
Revenue from Operations
17.04%
Total Assets
3.61%
Profit or Loss
36.23%
Net Worth
5.09%
EBITDA
21.68%

What is the Ownership and Shareholding Structure of Bally Jute Company?

In 2023, Bally Jute Company had a promoter holding of 99.81% and a public holding of 0.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹129.32 Cr

Satisfied Charges

₹116.00 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 125.89 Cr
  • Others : 1.53 Cr
  • Hdfc Bank Limited : 1.10 Cr
  • Axis Bank Limited : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
18 Sep 2024Others₹6.55 MOpen
27 Aug 2024Others₹1.42 MOpen
29 Jun 2024Others₹0.54 MOpen
31 May 2024Others₹1.44 MOpen
30 Nov 2023Others₹1.80 MOpen

How Many Employees Work at Bally Jute Company?

Bally Jute Company has a workforce of 2397 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 Bally Jute Company, 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 Bally Jute Company'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 Bally Jute Company

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.66 Cr with Charge ID 100981810 was registered on 18 Sep 2024.

    18 Sep 2024

  • Annual General Meeting

    Bally Jute Company Ltd last Annual general meeting of members was held on 05 Sep 2024 as per latest MCA records.

    05 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100970498 was registered on 27 Aug 2024.

    27 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100950121 was registered on 29 Jun 2024.

    29 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100943036 was registered on 31 May 2024.

    31 May 2024

  • Balance Sheet

    Bally Jute Company Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

Frequently asked questions

  • Bally Jute Company Ltd was incorporated on 04 Sep 1982.

  • The authorized share capital of Bally Jute Company Ltd is ₹ 13.00 Cr and paid-up capital is ₹ 12.91 Cr.

  • Currently 5 directors are associated with Bally Jute Company Ltd.

    • Ajit Kumar Jain
    • Shyam Sundar Singh
    • Nibedita Majumder
    • Dipankar Sarkar
    • Sanjay Kumar Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bally Jute Company Ltd is 5 Sree Charan Saranibally India, Howrah, West Bengal, 711201.

  • The corporate identification number (CIN) of Bally Jute Company Ltd is L51909WB1982PLC035245 and the company number is 035245 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bally Jute Company Ltd is https://www.ballyjute.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bally Jute Company Ltd has risen by 17.05%.

  • As Per 2023 financial reports, 2397 employees are currently employed by Bally Jute Company Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bally Jute Company Ltd has experienced an upsurge of 5.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bally Jute Company Ltd amount to ₹ 129.32 Cr.

  • The most recent Balance Sheet for Bally Jute Company Ltd was filed with the ROC on 31 Mar 2024.

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