Bharath Salt Refineries Profile
Key Indicators
- Authorised Capital ₹ 83.00 Cr
- Paid Up Capital ₹ 63.41 Cr
- Company Age 35 Year, 2 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 35 years and two 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
- 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
Bharath Salt Refineries Limited
Explore comprehensive data for Bharath Salt Refineries Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Bharath Salt Refineries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Divya Mohan  | Company Secretary | Current | |
| Ulaganathan Kumar | CFO | 22-May-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subrahmanyam Meenakshisundaram | Director | 05-Feb-2019 | Current |
| Kaliaperumal Pakkirisamy | Director | 30-Sep-2023 | Current |
| Koneru Rao | Whole-Time Director | 16-Sep-2014 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Archean Chemical Industries LimitedSubrahmanyam Meenakshisundaram is a mutual person
- Archean Salt Holdings Private Limited
Subrahmanyam Meenakshisundaram and Divya Mohan are mutual person
- Bharat Ssangyongsalt Corporation Limited
Kaliaperumal Pakkirisamy is a mutual person
- Bahuvidhaah Holdings Private Limited
Kaliaperumal Pakkirisamy is a mutual person
- Archean Fertilizer Private Limited
Kaliaperumal Pakkirisamy is a mutual person
- Archean Industries Private Limited
Kaliaperumal Pakkirisamy is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2018 | Idbi Trusteeship Services Limited | ₹114.10 Cr | Open |
| 05 Feb 2016 | Others | ₹12.50 Cr | Satisfied |
| 02 Jan 2015 | Bmw India Financial Services Private Limited | ₹9.30 M | Satisfied |
| 05 Jun 2013 | Axis Bank Limited | ₹60.00 Cr | Satisfied |
| 15 Dec 2012 | L & T Finance Limited | ₹1.16 Cr | Satisfied |
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.
Deals i
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
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
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.
- 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 11 months 24 days .
- Balance Sheet
Bharath Salt Refineries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- 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 7 months .
- 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.
- 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.
Recent News, Updates & Announcement
Bain-Piramal fund invests $156 million in Archean Group’s marine chemicals business | Mint.The fund has invested both through debt and equity, and offered repayment terms such that the initial years' cash flows are reinvested into growing the business.
- Bain-Piramal fund invests Rs800 crore in Archean Chemical | Mint.
India Resurgent Fund of Bain Capital and Piramal Enterprises has bought the existing loans of Archean Chemical from a group of public sector banks.
Frequently asked questions
What is the Incorporation or founding date of Bharath Salt Refineries Limited?
Bharath Salt Refineries Limited was incorporated on 05 Mar 1990.
What is authorized share capital and paid-up capital of Bharath Salt Refineries Limited?
The authorized share capital of Bharath Salt Refineries Limited is ₹ 83.00 Cr and paid-up capital is ₹ 63.41 Cr.
Who are the current board members & directors of Bharath Salt Refineries Limited?
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
What is the registered address of Bharath Salt Refineries Limited?
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.
What is the corporate identification number (CIN) and company number of Bharath Salt Refineries Limited?
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).
What is the official website of Bharath Salt Refineries Limited?
The Official website of Bharath Salt Refineries Limited is https://www.archeangroup.com
What has been the recent revenue trend for Bharath Salt Refineries Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Bharath Salt Refineries Limited has fallen by -48.10%.
How many employees does Bharath Salt Refineries Limited currently have?
As Per 2021 financial reports, 56 employees are currently employed by Bharath Salt Refineries Limited.
What change has been observed in the net worth of Bharath Salt Refineries Limited, and by what percentage?
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%.
What are the total open charges for Bharath Salt Refineries Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Bharath Salt Refineries Limited amount to ₹ 114.10 Cr.
When was the last Balance Sheet of Bharath Salt Refineries Limited filed with the ROC?
The most recent Balance Sheet for Bharath Salt Refineries Limited was filed with the ROC on 31 Mar 2024.
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