Best Cast It Limited

Manufactures aluminum gravity die casting products for various industries.

1974 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Best Cast It Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 50 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.46 Cr
  • Satisfied Charges ₹ 43.57 Cr
  • Revenue Growth 29.06%
  • Profit Growth 714.56%
  • Ebitda 16.83%
  • Net Worth 10.16%
  • Total Assets -3.43%

About Best Cast It

Best Cast It Limited (BCIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 November 1974 and has a history of 50 years and three months. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Corporate was formerly known as Best Cast Limited. 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 5.00 Cr.

The company currently has active open charges totaling ₹5.46 Cr. The company has closed loans amounting to ₹43.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kabirdass Murali, Shreyas Kabirdass, Manohar Nakshatra, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bestcastgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310TN1974PLC006793

  • Company No.

    006793

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 1974

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Best Cast It?

Executive Team (1)

NameDesignationAppointment DateStatus
Kabirdass Murali Country flag representing In Managing Director23-Mar-1987Current

Board Members (3)

NameDesignationAppointment DateStatus
Shreyas Kabirdass Country flag representing In Whole-Time Director 14-Mar-2019Current
Manohar Nakshatra Country flag representing In Whole-Time Director 06-Mar-2023Current
Manohar Shravan Country flag representing In Whole-Time Director 06-Mar-2023Current

Financial Performance of Best Cast It.

Best Cast It Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.06% increase. The company also saw a substantial improvement in profitability, with a 714.56% increase in profit. The company's net worth Soared by an impressive increase of 10.16%.

Best Cast It revenue growth over time
Best Cast It 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
29.06%
Revenue from Operations
29.07%
Total Assets
-3.43%
Profit or Loss
714.56%
Net Worth
10.16%
EBITDA
16.83%

What is the Ownership and Shareholding Structure of Best Cast It?

In 2023, Best Cast It had a promoter holding of 97.34% and a public holding of 2.66%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.46 Cr

Satisfied Charges

₹43.57 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 5.46 Cr

Latest Charge Details

DateLenderAmountStatus
02 Feb 2021Indian Bank₹5.46 CrOpen
25 Mar 2013Indian Bank₹13.80 CrSatisfied
04 Oct 2006Axis Bank Limited₹12.25 CrSatisfied
25 Jul 1997Idbi₹4.60 CrSatisfied
31 Oct 1996Icici Banking Corp.Ltd.₹4.75 CrSatisfied

How Many Employees Work at Best Cast It?

Best Cast It has a workforce of 144 employees as of Apr 07, 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.

Employee growth trends for Best Cast It Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Best Cast It, 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 Best Cast It'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 Best Cast It

Recent activity within the organization

  • Annual General Meeting

    Best Cast It Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Best Cast It Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Director Appointment

    Manohar Nakshatra was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 06 Mar 2023 & has been associated with this company since 1 year 11 months .

  • Director Appointment

    Manohar Kabirdass Shravan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 06 Mar 2023 & has been associated with this company since 1 year 11 months .

  • Charges

    A charge with Indian Bank of Rs. 5.46 Cr registered on 02 Feb 2021 with Charge ID 100427833 was modified on 17 Nov 2021.

  • Charges

    A charge with Indian Bank amounted to Rs. 5.46 Cr with Charge ID 100427833 was registered on 02 Feb 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Best Cast It Limited?

    Best Cast It Limited was incorporated on 23 Nov 1974.

  • What is authorized share capital and paid-up capital of Best Cast It Limited?

    The authorized share capital of Best Cast It Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Best Cast It Limited?

    Currently 4 directors are associated with Best Cast It Limited.

    • Kabirdass Murali
    • Shreyas Murali Kabirdass
    • Manohar Nakshatra
    • Manohar Kabirdass Shravan

  • What is the registered address of Best Cast It Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Best Cast It Limited is Plot No.58 (Sp), Ambattur Industrial Estate Mannurpet India, Chennai, Tamil Nadu, 600058.

  • What is the corporate identification number (CIN) and company number of Best Cast It Limited?

    The corporate identification number (CIN) of Best Cast It Limited is U27310TN1974PLC006793 and the company number is 006793 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Best Cast It Limited?

    The Official website of Best Cast It Limited is https://www.bestcastgroup.com

  • What has been the recent revenue trend for Best Cast It Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Best Cast It Limited has risen by 29.06%.

  • How many employees does Best Cast It Limited currently have?

    As Per 2023 financial reports, 144 employees are currently employed by Best Cast It Limited.

  • What change has been observed in the net worth of Best Cast It Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Best Cast It Limited has experienced an upsurge of 10.16%.

  • What are the total open charges for Best Cast It Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Best Cast It Limited amount to ₹ 5.46 Cr.

  • When was the last Balance Sheet of Best Cast It Limited filed with the ROC?

    The most recent Balance Sheet for Best Cast It Limited was filed with the ROC on 31 Mar 2023.

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