Bhagat Aromatics Limited

Manufacturer of menthol crystals, essential oils, and aromatic chemicals for pharmaceutical, food, tobacco, and cosmetic industries.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated: June 14, 2024

Bhagat Aromatics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.80 Cr
  • Company Age 35 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.04 Cr
  • Satisfied Charges ₹ 33.12 Cr
  • Revenue Growth -10.43%
  • Profit Growth 32.92%
  • Ebitda -78.16%
  • Net Worth 2.72%
  • Total Assets -8.36%

About Bhagat Aromatics

Bhagat Aromatics Limited (BAL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 August 1989 and has a history of 35 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Bhagat Impex Private Limited. The Company is engaged in the Chemicals And Materials 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 3.80 Cr.

The company currently has active open charges totaling ₹30.04 Cr. The company has closed loans amounting to ₹33.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yash Biyani, Preeti Biyani, and Praveen Biyani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1989PTC053252

  • Company No.

    053252

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Bhagat Aromatics Limited offer?

Bhagat Aromatics Limited offers a wide range of products and services, including Essential & Aromatic Oils, Menthol, Flavours & Aromatics, Food Colors, Essential Oils, Industrial Chemicals & Supplies, Fragrance Chemicals, Pharma Ingredients & Raw Materials, Antipyretic and Analgesic API.

Who are the key members and board of directors at Bhagat Aromatics?

Board Members (3)

Name Designation Appointment Date Status
Yash Biyani Country flag representing In Director 22-Jan-2018 Current
Preeti Biyani Country flag representing In Director 02-Mar-1998 Current
Praveen Biyani Country flag representing In Director 30-Aug-1989 Current

Financial Performance of Bhagat Aromatics.

Bhagat Aromatics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.43% decrease. The company also saw a substantial improvement in profitability, with a 32.92% increase in profit. The company's net worth moved up by a moderate rise of 2.72%.

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
-10.43%
Revenue from Operations
-13.35%
Total Assets
-8.36%
Profit or Loss
32.92%
Net Worth
2.72%
EBITDA
-78.16%

What is the Ownership and Shareholding Structure of Bhagat Aromatics?

In 2023, Bhagat Aromatics had a promoter holding of 97.24% and a public holding of 2.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.04 Cr

Satisfied Charges

₹33.12 Cr

Charges Breakdown by Lending Institutions

  • Others : 23.89 Cr
  • Bank Of India : 5.00 Cr
  • Future Capital Financial Services Limited : 0.75 Cr
  • Hdfc Bank Limited : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
15 Jan 2024 Bank Of India ₹5.00 Cr Open
28 Nov 2023 Others ₹23.89 Cr Open
12 Sep 2022 Hdfc Bank Limited ₹4.00 M Open
20 Aug 2010 Future Capital Financial Services Limited ₹7.50 M Open
02 Jan 2022 Others ₹7.50 M Satisfied

How Many Employees Work at Bhagat Aromatics?

Bhagat Aromatics has a workforce of 32 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 Bhagat Aromatics, 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 Bhagat Aromatics'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 Bhagat Aromatics

Recent activity within the organization

  • Charges

    A charge registered on 15 Jul 1992 via Charge ID 90236966 with State Bank Of India was fully satisfied on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge registered on 08 Jan 1992 via Charge ID 90236943 with State Bank Of India was fully satisfied on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge registered on 08 Jan 1992 via Charge ID 80001792 with State Bank Of India was fully satisfied on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge registered on 02 Jan 2022 via Charge ID 100578958 with Others was fully satisfied on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 5.00 Cr with Charge ID 100856212 was registered on 15 Jan 2024.

    15 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 23.89 Cr with Charge ID 100850158 was registered on 28 Nov 2023.

    28 Nov 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Bhagat Aromatics Limited was incorporated on 30 Aug 1989.

  • The authorized share capital of Bhagat Aromatics Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.80 Cr.

  • Currently 3 directors are associated with Bhagat Aromatics Limited.

    • Yash Praveen Biyani
    • Preeti Praveen Biyani
    • Praveen Laxminarayan Biyani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagat Aromatics Limited is 406 4Th Floor Rajshila Premises Co-Op. Soc. Ltd. J.S.S. Road Girgaum, Mumbai, Maharashtra, India, 400002.

  • The corporate identification number (CIN) of Bhagat Aromatics Limited is U51900MH1989PTC053252 and the company number is 053252 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhagat Aromatics Limited is https://www.mentholcrystals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhagat Aromatics Limited has fallen by -10.43%.

  • As Per 2023 financial reports, 32 employees are currently employed by Bhagat Aromatics Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhagat Aromatics Limited has experienced an upsurge of 2.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhagat Aromatics Limited amount to ₹ 30.04 Cr.

  • The most recent Balance Sheet for Bhagat Aromatics Limited was filed with the ROC on 31 Mar 2023.

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