Bharath Salt Refineries Limited

Manufacturer of salt with large production facilities and vast land holdings.

1990 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 05, 2025

Bharath Salt Refineries Profile

Key Indicators

  • Authorised Capital ₹ 83.00 Cr
  • Paid Up Capital ₹ 63.41 Cr
  • Company Age 34 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 114.10 Cr
  • Satisfied Charges ₹ 160.53 Cr
  • Revenue Growth -48.10%
  • Profit Growth 120.14%
  • Ebitda -77.14%
  • Net Worth 1.99%
  • Total Assets -42.25%

About Bharath Salt Refineries

Bharath Salt Refineries Limited (BSRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 March 1990 and has a history of 34 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Food And Beverages 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 83.00 Cr and a paid-up capital of Rs 63.41 Cr.

The company currently has active open charges totaling ₹114.10 Cr. The company has closed loans amounting to ₹160.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bharath Salt Refineries Limited India are Divya Mohan as COMPANY SECRETARY and Ulaganathan Kumar as Cfo. Subrahmanyam Meenakshisundaram, Kaliaperumal Pakkirisamy, and Koneru Rao serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    archeangroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51101TN1990PLC018819

  • Company No.

    018819

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Mar 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Food and Beverages

Who are the key members and board of directors at Bharath Salt Refineries?

Executive Team (2)

NameDesignationAppointment DateStatus
Divya Mohan Country flag representing In Company SecretaryCurrent
Ulaganathan Kumar CFO22-May-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Subrahmanyam Meenakshisundaram Country flag representing In Director 05-Feb-2019Current
Kaliaperumal Pakkirisamy Country flag representing In Director 30-Sep-2023Current
Koneru Rao Country flag representing In Whole-Time Director 16-Sep-2014Current

Financial Performance of Bharath Salt Refineries.

Bharath Salt Refineries Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 48.1% decrease. The company also saw a substantial improvement in profitability, with a 120.14% increase in profit. The company's net worth moved up by a moderate rise of 1.99%.

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
-48.10%
Revenue from Operations
-51.37%
Total Assets
-42.25%
Profit or Loss
120.14%
Net Worth
1.99%
EBITDA
-77.14%

What is the Ownership and Shareholding Structure of Bharath Salt Refineries?

In 2022, Bharath Salt Refineries 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

₹114.10 Cr

Satisfied Charges

₹160.53 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 114.10 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2018Idbi Trusteeship Services Limited₹114.10 CrOpen
05 Feb 2016Others₹12.50 CrSatisfied
02 Jan 2015Bmw India Financial Services Private Limited₹9.30 MSatisfied
05 Jun 2013Axis Bank Limited₹60.00 CrSatisfied
15 Dec 2012L & T Finance Limited₹1.16 CrSatisfied

How Many Employees Work at Bharath Salt Refineries?

Bharath Salt Refineries has a workforce of 56 employees as of Apr 06, 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 Salt Refineries, 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 Salt Refineries'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 Salt Refineries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Ulaganathan Senthil Kumar was appointed as a Cfo was appointed as a Cfo on 22 May 2024 & has been associated with this company since 9 months 3 days .

    22 May 2024

  • Balance Sheet

    Bharath Salt Refineries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Kaliaperumal Pakkirisamy was appointed as a Director was appointed as a Director on 30 Sep 2023 & has been associated with this company since 1 year 4 months .

    30 Sep 2023

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 114.10 Cr registered on 29 Sep 2018 with Charge ID 100209434 was modified on 23 May 2023.

    23 May 2023

  • Charges

    A charge registered on 02 Jan 2015 via Charge ID 10554630 with Bmw India Financial Services Private Limited was fully satisfied on 17 May 2019.

    17 May 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Bharath Salt Refineries Limited was incorporated on 05 Mar 1990.

  • The authorized share capital of Bharath Salt Refineries Limited is ₹ 83.00 Cr and paid-up capital is ₹ 63.41 Cr.

  • Currently 5 directors are associated with Bharath Salt Refineries Limited.

    • Subrahmanyam Meenakshisundaram
    • Kaliaperumal Pakkirisamy
    • Koneru Venkata Sathyanarayana Vara Prasada Rao
    • Divya Mohan
    • Ulaganathan Senthil Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bharath Salt Refineries Limited is No.2 North Crescent Road, T Nagar U51101Tn1990Plc018819 India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Bharath Salt Refineries Limited is U51101TN1990PLC018819 and the company number is 018819 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bharath Salt Refineries Limited is https://www.archeangroup.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Bharath Salt Refineries Limited has fallen by -48.10%.

  • As Per 2021 financial reports, 56 employees are currently employed by Bharath Salt Refineries Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Bharath Salt Refineries Limited has experienced an upsurge of 1.99%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Bharath Salt Refineries Limited amount to ₹ 114.10 Cr.

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

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