Bharat Gears Limited

This company manufactures gears for various vehicles and provides heat-treating furnace systems.

1971 | Faridabad, Haryana (India) | Active
Last Updated: January 04, 2025

Bharat Gears Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 15.36 Cr
  • Company Age 53 Year, 2 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 two 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

    bharatgears.com

  • 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.

Who are the key members and board of directors at Bharat Gears?

Executive Team (5)

NameDesignationAppointment DateStatus
Prashant Khattry Country flag representing In Company Secretary07-Jun-2010Current
Hitendra Mishra CEO19-Feb-2024Current
Surinder Kanwar Country flag representing In Managing Director29-Sep-1982Current
Sameer Kanwar Country flag representing Ca Managing Director01-Feb-2002Current
Milind Pujari Country flag representing In CFO28-May-2014Current

Board Members (6)

NameDesignationAppointment DateStatus
Rakesh Chopra Country flag representing In Director 25-Jan-2007Current
Virendrakumar Pargal Country flag representing In Director 24-Jan-2002Current
Raman Nanda Country flag representing In Director 29-Dec-2021Current
Wolfgang Schilha Country flag representing De Director 26-Jul-2007Current
Nagar Srinivasan Country flag representing In Director 03-Nov-2017Current
Kavita Jha Additional Director 24-Sep-2024Current

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%.

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
45.32%
Revenue from Operations
45.01%
Total Assets
5.19%
Profit or Loss
435.55%
Net Worth
46.58%
EBITDA
83.70%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
27 Sep 2023Idbi Trusteeship Services Limited₹120.00 CrOpen
18 Oct 2022Idbi Trusteeship Services Limited₹80.00 CrOpen
07 Jun 2022Others₹40.00 CrOpen
27 Apr 2022Tata Capital Financial Services Limited₹40.00 CrOpen
07 Sep 2021Idbi Trusteeship Services Limited₹5.19 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 4 months 29 days .

    24 Sep 2024

  • Annual General Meeting

    Bharat Gears Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

    12 Aug 2024

  • Balance Sheet

    Bharat Gears Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 26 Sep 1990 via Charge ID 90045704 with State Bank Of India was fully satisfied on 14 Mar 2024.

    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 days .

    19 Feb 2024

  • 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.

    10 Oct 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Bharat Gears Limited was incorporated on 23 Dec 1971.

  • The authorized share capital of Bharat Gears Limited is ₹ 35.00 Cr and paid-up capital is ₹ 15.36 Cr.

  • 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
  • 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.

  • The corporate identification number (CIN) of Bharat Gears Limited is L29130HR1971PLC034365 and the company number is 034365 as per Ministry of Corporate Affairs (MCA).

  • Yes, Bharat Gears Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BHARATGEAR.

  • The Official website of Bharat Gears Limited is https://www.bharatgears.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Bharat Gears Limited has risen by 45.32%.

  • As Per 2022 financial reports, 1179 employees are currently employed by Bharat Gears Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Bharat Gears Limited has experienced an upsurge of 46.58%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Bharat Gears Limited amount to ₹ 290.38 Cr.

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

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