Bharat Motors Limited

Auto dealer offering top brands like Hero, GM, Volkswagen, Mahindra, and TVS in Odisha.

1995 | Khorda, Odisha (India) | Active
Last Updated: January 13, 2025

Bharat Motors Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.21 Cr
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 79.06 Cr
  • Satisfied Charges ₹ 152.79 Cr
  • Revenue Growth -12.46%
  • Profit Growth -24.25%
  • Ebitda -16.67%
  • Net Worth 2.60%
  • Total Assets 8.93%

About Bharat Motors

Bharat Motors Limited (BML) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 October 1995 and has a history of 29 years and three months. Its registered office is in Khorda, Odisha, India.

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 10.00 Cr and a paid-up capital of Rs 7.21 Cr.

The company currently has active open charges totaling ₹79.06 Cr. The company has closed loans amounting to ₹152.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bharat Motors Limited India is Kiran Jaiswal as COMPANY SECRETARY. Bina Didwania, Aditya Didwania, Harsh Didwania, and Three other members serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50102OR1995PLC004182

  • Company No.

    004182

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Automotive

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

Executive Team (1)

Name Designation Appointment Date Status
Kiran Jaiswal Company Secretary 01-Jul-2019 Current

Board Members (6)

Name Designation Appointment Date Status
Harsh Didwania Country flag representing In Director 22-Jan-2016 Current
Bina Didwania Country flag representing In Whole-Time Director 01-Apr-1996 Current
Aditya Didwania Country flag representing In Whole-Time Director 17-Dec-2018 Current
Prasant Pattnaik Country flag representing In Director 13-Jan-2016 Current
Kaushal Dalmia Country flag representing In Director 13-Jan-2016 Current
Om Didwania Country flag representing In Director 18-Jan-2022 Current

Financial Performance of Bharat Motors.

Bharat Motors Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 12.46% decrease. The company also saw a substantial fall in profitability, with a 24.25% decrease in profit. The company's net worth moved up by a moderate rise of 2.6%.

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
-12.46%
Revenue from Operations
-13.09%
Total Assets
8.93%
Profit or Loss
-24.25%
Net Worth
2.60%
EBITDA
-16.67%

What is the Ownership and Shareholding Structure of Bharat Motors?

In 2021, Bharat Motors had a promoter holding of 92.13% and a public holding of 7.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹79.06 Cr

Satisfied Charges

₹152.79 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 43.72 Cr
  • Others : 22.87 Cr
  • State Bank Of India : 10.42 Cr
  • Hdfc Bank Limited : 1.50 Cr
  • Ge Capital Transportation Financial Services Ltd : 0.28 Cr
  • Others : 0.27 Cr

Latest Charge Details

Date Lender Amount Status
03 Dec 2021 Canara Bank ₹18.72 Cr Open
30 Sep 2021 Others ₹6.00 Cr Open
16 Aug 2021 Canara Bank ₹25.00 Cr Open
01 Apr 2021 Axis Bank Limited ₹2.72 M Open
31 Mar 2021 Others ₹1.37 Cr Open

How Many Employees Work at Bharat Motors?

Bharat Motors has a workforce of 81 employees as of Mar 25, 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 Motors, 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 Motors'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 Motors

Recent activity within the organization

  • Charges

    A charge registered on 19 Mar 2024 via Charge ID 100895876 with Others was fully satisfied on 04 Nov 2024.

    04 Nov 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 17.10 Cr with Charge ID 100895876 was registered on 19 Mar 2024.

    19 Mar 2024

  • Charges

    A charge registered on 01 Jun 2021 via Charge ID 100451328 with Axis Bank Limited was fully satisfied on 01 Nov 2022.

    01 Nov 2022

  • Charges

    A charge registered on 20 Jun 2019 via Charge ID 100272278 with Tata Capital Financial Services Limited was fully satisfied on 20 Jul 2022.

    20 Jul 2022

Frequently asked questions

  • Bharat Motors Limited was incorporated on 19 Oct 1995.

  • The authorized share capital of Bharat Motors Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.21 Cr.

  • Currently 7 directors are associated with Bharat Motors Limited.

    • Bina Didwania
    • Aditya Vikram Didwania
    • Harsh Vardhan Didwania
    • Prasant Kumar Pattnaik
    • Kiran Jaiswal
    • Kaushal Dalmia
    • Om Prakash Didwania
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bharat Motors Limited is Nh 5, Pahal India, Bhubaneswar, Orissa, 752101.

  • The corporate identification number (CIN) of Bharat Motors Limited is U50102OR1995PLC004182 and the company number is 004182 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bharat Motors Limited is https://www.bharats.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Bharat Motors Limited has fallen by -12.46%.

  • As Per 2020 financial reports, 81 employees are currently employed by Bharat Motors Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Bharat Motors Limited has experienced an upsurge of 2.60%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Bharat Motors Limited amount to ₹ 79.06 Cr.

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

People also Viewed

Similar Companies Based on Auto Dealership & Trading