Bhagwati Autocast Limited

This company manufactures casting components for various industries, including automotive and engineering.

1981 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 03, 2024

Bhagwati Autocast Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.88 Cr
  • Company Age 43 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 57.50 Cr
  • Satisfied Charges ₹ 17.64 Cr
  • Revenue Growth 37.55%
  • Profit Growth 906.44%
  • Ebitda 857.29%
  • Net Worth 27.46%
  • Total Assets 6.28%

About Bhagwati Autocast

Bhagwati Autocast Limited (BAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 October 1981 and has a history of 43 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 504646.

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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.88 Cr.

The company currently has active open charges totaling ₹57.50 Cr. The company has closed loans amounting to ₹17.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bhagwati Autocast Limited India are Mahendra Prajapati as CFO and Niren Desai as Company Secretary. Reena Pravin, Pravin Bhagwati, Vimal Ambani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27100GJ1981PLC004718

  • Company No.

    004718

  • Stock Symbol

    BSE : 504646

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 1981

  • Date of AGM

    20 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

What products or services does Bhagwati Autocast Limited offer?

Bhagwati Autocast Limited offers a wide range of products and services, including Air Compressors, Accessories & Parts, Compressor Spares, Engine & Engine Spare Parts, Engine Components, Tractor, Tractor Parts & Assemblies, Tractor Spare Parts, Industrial Valves & Valve Fittings, Industrial Valves, Automobile Fittings & Components, Automotive Components.

Who are the key members and board of directors at Bhagwati Autocast?

Executive Team (3)

Name Designation Appointment Date Status
Reena Pravin Country flag representing In Managing Director 01-Oct-2015 Current
Mahendra Prajapati CFO 20-Sep-2023 Current
Niren Desai Country flag representing In Company Secretary 16-Feb-2024 Current

Board Members (5)

Name Designation Appointment Date Status
Vimal Ambani Country flag representing In Director 12-Dec-2017 Current
Pravin Bhagwati Country flag representing In Director 01-Oct-2015 Current
Rajendraprasad Shah Country flag representing In Director 22-Oct-2011 Current
Padmin Buch Country flag representing In Director 04-Feb-2011 Current
Shantanu Mehta Country flag representing In Director 22-Oct-2020 Current

Financial Performance of Bhagwati Autocast.

Bhagwati Autocast Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.55% increase. The company also saw a substantial improvement in profitability, with a 906.44% increase in profit. The company's net worth Soared by an impressive increase of 27.46%.

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
37.55%
Revenue from Operations
37.60%
Total Assets
6.28%
Profit or Loss
906.44%
Net Worth
27.46%
EBITDA
857.29%

What is the Ownership and Shareholding Structure of Bhagwati Autocast?

In 2023, Bhagwati Autocast had a promoter holding of 73.75% and a public holding of 26.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹57.50 Cr

Satisfied Charges

₹17.64 Cr

Charges Breakdown by Lending Institutions

  • Others : 57.50 Cr

Latest Charge Details

Date Lender Amount Status
14 Mar 2018 Others ₹28.75 Cr Open
27 Dec 2017 Others ₹28.75 Cr Open
14 Jun 2003 Others ₹8.82 Cr Satisfied
18 Jan 1989 Others ₹8.82 Cr Satisfied

How Many Employees Work at Bhagwati Autocast?

Bhagwati Autocast has a workforce of 147 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bhagwati Autocast, 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 Bhagwati Autocast'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 Bhagwati Autocast

Recent activity within the organization

  • Director Appointment

    Niren Atinbhai Desai was appointed as a Company Secretary was appointed as a Company Secretary on 16 Feb 2024 & has been associated with this company since 11 months 16 days .

    16 Feb 2024

  • Annual General Meeting

    Bhagwati Autocast Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.

    20 Sep 2023

  • Balance Sheet

    Bhagwati Autocast Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 28.75 Cr registered on 14 Mar 2018 with Charge ID 100162251 was modified on 14 Oct 2021.

    14 Oct 2021

  • Charges

    A charge with Others of Rs. 28.75 Cr registered on 27 Dec 2017 with Charge ID 100161906 was modified on 21 Sep 2021.

    21 Sep 2021

  • Charges

    A charge with Others amounted to Rs. 28.75 Cr with Charge ID 100162251 was registered on 14 Mar 2018.

    14 Mar 2018

Frequently asked questions

  • Bhagwati Autocast Limited was incorporated on 20 Oct 1981.

  • The authorized share capital of Bhagwati Autocast Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.88 Cr.

  • Currently 8 directors are associated with Bhagwati Autocast Limited.

    • Reena Bhagwati Pravin
    • Pravin Natvarlal Bhagwati
    • Vimal Ramniklal Ambani
    • Rajendraprasad Jethalal Shah
    • Padmin Hasitkant Buch
    • Shantanu Chitranjan Mehta
    • Mahendra Kishanlal Prajapati
    • Niren Atinbhai Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagwati Autocast Limited is Survey No. 816 Village Rajoda, Nr. Bavla, Ahmedabad, Gujarat, India, 382220.

  • The corporate identification number (CIN) of Bhagwati Autocast Limited is L27100GJ1981PLC004718 and the company number is 004718 as per Ministry of Corporate Affairs (MCA).

  • Yes, Bhagwati Autocast Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Bhagwati Autocast Limited is https://www.bhagwati.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhagwati Autocast Limited has risen by 37.55%.

  • As Per 2023 financial reports, 147 employees are currently employed by Bhagwati Autocast Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhagwati Autocast Limited has experienced an upsurge of 27.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhagwati Autocast Limited amount to ₹ 57.50 Cr.

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

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