Bhagyanagar India Limited

This company manufactures copper products and telecommunication cables, and has expanded into renewable energy.

1985 | Rangareddy, Telangana (India) | Active
Last Updated: November 16, 2024

Bhagyanagar India Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 6.40 Cr
  • Company Age 39 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 245.10 Cr
  • Satisfied Charges ₹ 494.93 Cr
  • Revenue Growth 27.01%
  • Profit Growth 39.58%
  • Ebitda 28.10%
  • Net Worth 4.74%
  • Total Assets 16.53%

About Bhagyanagar India

Bhagyanagar India Limited (BIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 September 1985 and has a history of 39 years and five months. Its registered office is in Rangareddy, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512296 and on the National Stock Exchange(NSE) under BHAGYANGR.

The Corporate was formerly known as Bhagyanagar Metals Limited. The Company is engaged in the Environment 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 25.00 Cr and a paid-up capital of Rs 6.40 Cr.

The company currently has active open charges totaling ₹245.10 Cr. The company has closed loans amounting to ₹494.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bhagyanagar India Limited India are Surendra Bhutoria as CFO and Lalit Thanvi as Company Secretary. Narender Surana, Devendra Surana, Chandra Agrawal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bhagyanagarindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27201TG1985PLC012449

  • Company No.

    012449

  • Stock Symbol

    BSE : 512296 NSE : BHAGYANGR

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Sep 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Environment
Metals and Minerals

What products or services does Bhagyanagar India Limited offer?

Bhagyanagar India Limited offers a wide range of products and services, including Electric Motors and Components, Motor Parts, Solar & Renewable Energy Products, Solar Water Heater Tubes & Accessories, Metal and Alloy Wires, Electrical Conductors, Electrical Panels & Distribution Box, Busbar Systems, Solar Products, Copper & Brass Products.

Who are the key members and board of directors at Bhagyanagar India?

Executive Team (4)

NameDesignationAppointment DateStatus
Devendra Surana Country flag representing In Managing Director12-Mar-1991Current
Narender Surana Country flag representing In Managing Director12-Mar-1991Current
Surendra Bhutoria Country flag representing In CFO08-Aug-2014Current
Lalit Thanvi Company Secretary14-Feb-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Chandra Agrawal Country flag representing In Director 09-Sep-2024Current
Venkata Tripuraneni Country flag representing In Director 09-Sep-2024Current
Sanjana Jain Country flag representing In Director 29-Sep-2020Current
Naresh Bhardwaj Country flag representing In Whole-Time Director 23-Jun-2020Current

Financial Performance of Bhagyanagar India.

Bhagyanagar India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.01% increase. The company also saw a substantial improvement in profitability, with a 39.58% increase in profit. The company's net worth moved up by a moderate rise of 4.74%.

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
27.01%
Revenue from Operations
27.16%
Total Assets
16.53%
Profit or Loss
39.58%
Net Worth
4.74%
EBITDA
28.10%

What is the Ownership and Shareholding Structure of Bhagyanagar India?

In 2022, Bhagyanagar India had a promoter holding of 73.91% and a public holding of 26.08%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹245.10 Cr

Satisfied Charges

₹494.93 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 135.10 Cr
  • State Bank Of India : 45.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 35.00 Cr
  • Others : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 2024Hdfc Bank Limited₹8.70 CrOpen
25 May 2024State Bank Of India₹45.00 CrOpen
24 Apr 2024The Hongkong And Shanghai Banking Corporation Limited₹35.00 CrOpen
25 Jan 2023Others₹30.00 CrOpen
07 Aug 2020Hdfc Bank Limited₹100.40 CrOpen

How Many Employees Work at Bhagyanagar India?

Bhagyanagar India has a workforce of 154 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 Bhagyanagar India, 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 Bhagyanagar India'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 Bhagyanagar India

Recent activity within the organization

  • Annual General Meeting

    Bhagyanagar India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Chandra Shekhar Agrawal was appointed as a Director was appointed as a Director on 09 Sep 2024 & has been associated with this company since 5 months 12 days .

    09 Sep 2024

  • Director Appointment

    Venkata Murali Krishna Tripuraneni was appointed as a Director was appointed as a Director on 09 Sep 2024 & has been associated with this company since 5 months 12 days .

    09 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 8.70 Cr with Charge ID 100942098 was registered on 29 May 2024.

    29 May 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 45.00 Cr with Charge ID 100934990 was registered on 25 May 2024.

    25 May 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 100.40 Cr registered on 07 Aug 2020 with Charge ID 100359868 was modified on 14 May 2024.

    14 May 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Bhagyanagar India Limited was incorporated on 02 Sep 1985.

  • The authorized share capital of Bhagyanagar India Limited is ₹ 25.00 Cr and paid-up capital is ₹ 6.40 Cr.

  • Currently 8 directors are associated with Bhagyanagar India Limited.

    • Narender Surana
    • Devendra Surana
    • Chandra Shekhar Agrawal
    • Venkata Murali Krishna Tripuraneni
    • Sanjana Jain
    • Naresh Chand Bhardwaj
    • Surendra Bhutoria
    • Lalit Kumar Thanvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagyanagar India Limited is Plot No. P-9/13/1 P-9/14 Ida, Nacharam India, Hyderabad, Telangana, 500076.

  • The corporate identification number (CIN) of Bhagyanagar India Limited is L27201TG1985PLC012449 and the company number is 012449 as per Ministry of Corporate Affairs (MCA).

  • Yes, Bhagyanagar India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BHAGYANGR.

  • The Official website of Bhagyanagar India Limited is https://www.bhagyanagarindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhagyanagar India Limited has risen by 27.01%.

  • As Per 2023 financial reports, 154 employees are currently employed by Bhagyanagar India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhagyanagar India Limited has experienced an upsurge of 4.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhagyanagar India Limited amount to ₹ 245.10 Cr.

  • The most recent Balance Sheet for Bhagyanagar India Limited was filed with the ROC on 31 Mar 2024.

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