Bharat Gears Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 15.36 Cr
- Company Age 53 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 290.38 Cr
- Satisfied Charges ₹ 558.06 Cr
- Revenue Growth 45.32%
- Profit Growth 435.55%
- Ebitda 83.70%
- Net Worth 46.58%
- Total Assets 5.19%
About Bharat Gears
Bharat Gears Limited (BGL) was founded in India on 23 December 1971 and has a glorious history of 53 years and four months. Its registered office is in Faridabad, Haryana, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505688 and on the National Stock Exchange(NSE) under BHARATGEAR.
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 2024. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 15.36 Cr.
The company currently has active open charges totaling ₹290.38 Cr. The company has closed loans amounting to ₹558.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Bharat Gears Limited India are Hitendra Mishra as Ceo, Milind Pujari as Cfo, and Prashant Khattry as Company Secretary. Rakesh Chopra, Surinder Kanwar, Sameer Kanwar, and Five other members serve as directors at the Company.
Company Details
- Location
Faridabad, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L29130HR1971PLC034365
- Company No.
034365
- Stock Symbol
BSE : 505688 NSE : BHARATGEAR
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Dec 1971
- Date of AGM
12 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Delhi
Industry
Automotive
What products or services does Bharat Gears Limited offer?
Bharat Gears Limited offers a wide range of products and services, including Industrial Gears, Gear Shafts, Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears, CNC Machines & Lathe Machine, CNC Machined Components, Industrial Furnaces, Industrial Furnaces & Ovens, Furnace Structure, Oxygen & Nitrogen Gas Plants.
Bharat Gears Limited
Explore comprehensive data for Bharat Gears Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Bharat Gears?
Executive Team (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prashant Khattry  | Company Secretary | 07-Jun-2010 | Current |
| Hitendra Mishra | CEO | 19-Feb-2024 | Current |
| Surinder Kanwar | Managing Director | 29-Sep-1982 | Current |
Sameer Kanwar  | Managing Director | 01-Feb-2002 | Current |
| Milind Pujari | CFO | 28-May-2014 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rakesh Chopra | Director | 25-Jan-2007 | Current |
| Virendrakumar Pargal | Director | 24-Jan-2002 | Current |
| Raman Nanda | Director | 29-Dec-2021 | Current |
Wolfgang Schilha  | Director | 26-Jul-2007 | Current |
| Nagar Srinivasan | Director | 03-Nov-2017 | Current |
| Kavita Jha | Additional Director | 24-Sep-2024 | Current |
Financial Performance of Bharat Gears.
Bharat Gears Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 45.32% increase. The company also saw a substantial improvement in profitability, with a 435.55% increase in profit. The company's net worth Soared by an impressive increase of 46.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bharat Gears?
In 2022, Bharat Gears had a promoter holding of 55.32% and a public holding of 44.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Step Transformations Private LimitedRaman Nanda is a mutual person
Ejot-Octaqon Fastening Systems Private LimitedSameer Kanwar is a mutual person
Raunaq International LimitedSurinder Kanwar is a mutual person
Unitherm Engineers LimitedRaman Nanda is a mutual person
Cleantec Infra Private LimitedRakesh Chopra is a mutual person
Gpr Enterprises Private LimitedRakesh Chopra is a mutual person
Charges (Loans)
Open Charges
₹290.38 Cr
Satisfied Charges
₹558.06 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 205.19 Cr
- Tata Capital Financial Services Limited : 40.00 Cr
- Others : 40.00 Cr
- State Bank Of India : 3.63 Cr
- Idbi Bank Limited : 1.56 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2023 | Idbi Trusteeship Services Limited | ₹120.00 Cr | Open |
| 18 Oct 2022 | Idbi Trusteeship Services Limited | ₹80.00 Cr | Open |
| 07 Jun 2022 | Others | ₹40.00 Cr | Open |
| 27 Apr 2022 | Tata Capital Financial Services Limited | ₹40.00 Cr | Open |
| 07 Sep 2021 | Idbi Trusteeship Services Limited | ₹5.19 Cr | Open |
How Many Employees Work at Bharat Gears?
Bharat Gears has a workforce of 1179 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bharat Gears, 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 Bharat Gears's trajectory.
Rating
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
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 Bharat Gears
Recent activity within the organization
- Director Appointment
Kavita Jha was appointed as a Additional Director was appointed as a Additional Director on 24 Sep 2024 & has been associated with this company since 7 months 20 days .
- Annual General Meeting
Bharat Gears Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.
- Balance Sheet
Bharat Gears Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 26 Sep 1990 via Charge ID 90045704 with State Bank Of India was fully satisfied on 14 Mar 2024.
- Director Appointment
Hitendra Narain Mishra was appointed as a Ceo was appointed as a Ceo on 19 Feb 2024 & has been associated with this company since 1 year 2 months .
- Charges
A charge with Idbi Trusteeship Services Limited of Rs. 120.00 Cr registered on 27 Sep 2023 with Charge ID 100795920 was modified on 10 Oct 2023.
Recent News, Updates & Announcement
Bharat Gears Q3 FY24 results: loss at ₹5.5Cr, Revenue decreased by 24.59% YoY | Mint.Bharat Gears Q3 FY24 results: Revenue decreased by 24.59% YoY & loss at ₹5.5Cr.
- KKR set to enter term loan market with Rs125 crore to Bharat Gears | Mint.
KKR and Co., which has so far made private equity and structured credit deals in India, is in talks to give Rs100-125 crore to Bharat Gears as a term loan.
Frequently asked questions
What is the Incorporation or founding date of Bharat Gears Limited?
Bharat Gears Limited was incorporated on 23 Dec 1971.
What is authorized share capital and paid-up capital of Bharat Gears Limited?
The authorized share capital of Bharat Gears Limited is ₹ 35.00 Cr and paid-up capital is ₹ 15.36 Cr.
Who are the current board members & directors of Bharat Gears Limited?
Currently 11 directors are associated with Bharat Gears Limited.
- Hitendra Narain Mishra
- Rakesh Chopra
- Surinder Paul Kanwar
- Sameer Kanwar
- Virendrakumar Pargal
- Raman Nanda
- Wolfgang Rudolf Schilha
- Nagar Venkatraman Srinivasan
- Kavita Jha
- Milind Pujari
- Prashant Khattry
What is the registered address of Bharat Gears Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Bharat Gears Limited is 20 K M Mathura Roadp O Amar Nagar Faridabad India, Haryana, 121003.
What is the corporate identification number (CIN) and company number of Bharat Gears Limited?
The corporate identification number (CIN) of Bharat Gears Limited is L29130HR1971PLC034365 and the company number is 034365 as per Ministry of Corporate Affairs (MCA).
Is Bharat Gears Limited registered with any stock exchange in India?
Yes, Bharat Gears Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BHARATGEAR.
What is the official website of Bharat Gears Limited?
The Official website of Bharat Gears Limited is https://www.bharatgears.com
What has been the recent revenue trend for Bharat Gears Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Bharat Gears Limited has risen by 45.32%.
How many employees does Bharat Gears Limited currently have?
As Per 2022 financial reports, 1179 employees are currently employed by Bharat Gears Limited.
What change has been observed in the net worth of Bharat Gears Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Bharat Gears Limited has experienced an upsurge of 46.58%.
What are the total open charges for Bharat Gears Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Bharat Gears Limited amount to ₹ 290.38 Cr.
When was the last Balance Sheet of Bharat Gears Limited filed with the ROC?
The most recent Balance Sheet for Bharat Gears Limited was filed with the ROC on 31 Mar 2024.
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