Bharat Resins Private Limited

Manufacturer of paints, varnish, and synthetic resins for various industries, also involved in wind energy.

1993 | Daman, Daman & Diu (India) | Active
Last Updated: October 23, 2024

Bharat Resins Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 8.02 M
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.01 M
  • Satisfied Charges ₹ 19.55 Cr
  • Revenue Growth 9.88%
  • Profit Growth -70.78%
  • Ebitda -79.59%
  • Net Worth 3.51%
  • Total Assets -0.08%

About Bharat Resins

Bharat Resins Private Limited (BRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 March 1993 and has a history of 31 years and ten months. Its registered office is in Daman, Daman & Diu, India.

The Corporate was formerly known as Bharat Resins Limited. The Company is engaged in the Manufacturing 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 7.00 Cr and a paid-up capital of Rs 8.02 M.

The company currently has active open charges totaling ₹3.01 M. The company has closed loans amounting to ₹19.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinay Joshi and Shantu Joshi serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U31200DD1993PTC001892

  • Company No.

    001892

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Manufacturing
Environment

What products or services does Bharat Resins Private Limited offer?

Bharat Resins Private Limited offers a wide range of products and services, including Adhesives, Glue and Sealants, Epoxy Adhesives, Natural and Synthetic Resins, Resins, Rosin Modified Phenolic Resin, Ketonic Resin, Varnishes.

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

Board Members (2)

Name Designation Appointment Date Status
Vinay Joshi Country flag representing In Director 19-Mar-1993 Current
Shantu Joshi Country flag representing In Director 15-Jun-2009 Current

Financial Performance of Bharat Resins.

Bharat Resins Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.88% increase. The company also saw a substantial fall in profitability, with a 70.78% decrease in profit. The company's net worth moved up by a moderate rise of 3.51%.

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
9.88%
Revenue from Operations
8.86%
Total Assets
-0.08%
Profit or Loss
-70.78%
Net Worth
3.51%
EBITDA
-79.59%

What is the Ownership and Shareholding Structure of Bharat Resins?

In 2023, Bharat Resins had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.30 Cr

Satisfied Charges

₹19.55 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.25 Cr
  • Yes Bank Limited : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
24 Mar 2024 Others ₹2.51 M Open
21 Mar 2017 Yes Bank Limited ₹0.50 M Open
01 Sep 2021 Hdfc Bank Limited ₹4.00 Cr Satisfied
31 Jan 2017 Hdfc Bank Limited ₹3.00 Cr Satisfied
17 May 2012 Hdfc Bank Limited ₹4.00 Cr Satisfied

How Many Employees Work at Bharat Resins?

Unlock and access historical data on people associated with Bharat Resins, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bharat Resins, 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 Resins'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 Resins

Recent activity within the organization

  • Charges

    A charge registered on 17 May 2012 via Charge ID 10357392 with Hdfc Bank Limited was fully satisfied on 23 Sep 2024.

    23 Sep 2024

  • Charges

    A charge registered on 01 Sep 2021 via Charge ID 100536008 with Hdfc Bank Limited was fully satisfied on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge registered on 31 Jan 2017 via Charge ID 100106015 with Hdfc Bank Limited was fully satisfied on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100939516 was registered on 24 Mar 2024.

    24 Mar 2024

  • Annual General Meeting

    Bharat Resins Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 4.00 Cr registered on 01 Sep 2021 with Charge ID 100536008 was modified on 07 Jun 2023.

    07 Jun 2023

Frequently asked questions

  • Bharat Resins Private Limited was incorporated on 19 Mar 1993.

  • The authorized share capital of Bharat Resins Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 8.02 M.

  • Currently 2 directors are associated with Bharat Resins Private Limited.

    • Vinay Ladharam Joshi
    • Shantu Vinay Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bharat Resins Private Limited is Plot No 168/43-44-45 Dabhel Industrial Co.Op.Soc. Limited Dabhel, And Diu India, Daman, Daman And Diu, 396210.

  • The corporate identification number (CIN) of Bharat Resins Private Limited is U31200DD1993PTC001892 and the company number is 001892 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bharat Resins Private Limited is https://www.bharat-resins-pvt-ltd.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bharat Resins Private Limited has risen by 9.88%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bharat Resins Private Limited has experienced an upsurge of 3.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bharat Resins Private Limited amount to ₹ 3.01 M.

  • The most recent Balance Sheet for Bharat Resins Private Limited was filed with the ROC on 31 Mar 2023.

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