Bharath Canning Company Limited

Food processing company offering fruit juices, pulp, slices, jam, and pickles under 'BICCO' brand.

1949 | Udupi, Karnataka (India) | Active
Last Updated: December 24, 2024

Bharath Canning Company Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 3.80 M
  • Company Age 75 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.20 Cr
  • Satisfied Charges ₹ 7.70 Cr
  • Revenue Growth -33.70%
  • Profit Growth 27.05%
  • Ebitda 53.21%
  • Net Worth 0.39%
  • Total Assets -3.11%

About Bharath Canning Company

Bharath Canning Company Limited (BCCL) was founded in India on 10 February 1949 and has a glorious history of 75 years and 11 months.Its registered office is in Udupi, Karnataka, India.

The Company is engaged in the Agriculture 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 7.50 M and a paid-up capital of Rs 3.80 M.

The company currently has active open charges totaling ₹2.20 Cr. The company has closed loans amounting to ₹7.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kalawar Shetty, Vasanthi Shetty, Jyothi Shenava, and One other member serve as directors at the Company.

Company Details

  • Location

    Udupi, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1949PLC001062

  • Company No.

    001062

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 1949

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture

Who are the key members and board of directors at Bharath Canning Company?

Executive Team (1)

Name Designation Appointment Date Status
Shridhara Deramballa Country flag representing In Managing Director 06-Apr-2009 Current

Board Members (3)

Name Designation Appointment Date Status
Kalawar Shetty Country flag representing In Director 31-May-1973 Current
Vasanthi Shetty Country flag representing In Director 27-Aug-2001 Current
Jyothi Shenava Country flag representing In Director 01-Jul-1995 Current

Financial Performance of Bharath Canning Company.

Bharath Canning Company Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 33.7% decrease. The company also saw a substantial improvement in profitability, with a 27.05% increase in profit. The company's net worth moved up by a moderate rise of 0.39%.

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
-33.70%
Revenue from Operations
-40.52%
Total Assets
-3.11%
Profit or Loss
27.05%
Net Worth
0.39%
EBITDA
53.21%

What is the Ownership and Shareholding Structure of Bharath Canning Company?

In 2020, Bharath Canning Company had a promoter holding of 0.06% and a public holding of 99.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.00 M

Satisfied Charges

₹77.01 M

Charges Breakdown by Lending Institutions

  • Others : 2.20 Cr

Latest Charge Details

Date Lender Amount Status
19 Feb 2018 Others ₹2.20 Cr Open
24 Sep 2021 Others ₹2.20 M Satisfied
04 Jul 2020 Others ₹1.99 M Satisfied
04 Jun 2020 Others ₹1.99 M Satisfied
30 May 2020 Others ₹1.00 M Satisfied

How Many Employees Work at Bharath Canning Company?

Bharath Canning Company has a workforce of 4 employees as of Apr 10, 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 Bharath Canning Company, 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 Bharath Canning Company'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 Bharath Canning Company

Recent activity within the organization

  • Annual General Meeting

    Bharath Canning Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 24 Sep 2021 via Charge ID 100487112 with Others was fully satisfied on 26 Aug 2024.

    26 Aug 2024

  • Charges

    A charge registered on 04 Jul 2020 via Charge ID 100354600 with Others was fully satisfied on 02 Jul 2024.

    02 Jul 2024

  • Balance Sheet

    Bharath Canning Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 30 May 2020 via Charge ID 100342026 with Others was fully satisfied on 20 Jul 2022.

    20 Jul 2022

  • Charges

    A charge registered on 28 Nov 2014 via Charge ID 10537652 with Vijaya Bank was fully satisfied on 25 May 2022.

    25 May 2022

Frequently asked questions

  • Bharath Canning Company Limited was incorporated on 10 Feb 1949.

  • The authorized share capital of Bharath Canning Company Limited is ₹ 7.50 M and paid-up capital is ₹ 3.80 M.

  • Currently 4 directors are associated with Bharath Canning Company Limited.

    • Kalawar Narayana Shetty
    • Vasanthi Govinda Shetty
    • Jyothi Shridhar Shenava
    • Shridhara Shenava Deramballa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bharath Canning Company Limited is Uliyargoli Kaup Post, Udupi India, Karnataka, 574106.

  • The corporate identification number (CIN) of Bharath Canning Company Limited is U85110KA1949PLC001062 and the company number is 001062 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bharath Canning Company Limited is https://www.biccofoods.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Bharath Canning Company Limited has fallen by -33.70%.

  • As Per 2022 financial reports, 4 employees are currently employed by Bharath Canning Company Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Bharath Canning Company Limited has experienced an upsurge of 0.39%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Bharath Canning Company Limited amount to ₹ 2.20 Cr.

  • The most recent Balance Sheet for Bharath Canning Company Limited was filed with the ROC on 31 Mar 2024.

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