Bhartiya Vehicles & Engineering Company Limited

Provides equipment overhauling services for Indian airports and the airport authority of India.

1982 | New Delhi, Delhi (India) | Active
Last Updated: July 31, 2024

Bhartiya Vehicles & Engineering Company Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.39 M
  • Company Age 43 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 87.03 Cr
  • Satisfied Charges ₹ 7.00 M
  • Revenue Growth 14.92%
  • Profit Growth 136.50%
  • Ebitda 40.58%
  • Net Worth 8.71%
  • Total Assets 98.28%

About Bhartiya Vehicles & Engineering Company

Bhartiya Vehicles & Engineering Company Limited (BVECL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 January 1982 and has a history of 43 years and one month. Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Transport And Logistics 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 7.50 M and a paid-up capital of Rs 6.39 M.

The company currently has active open charges totaling ₹87.03 Cr. The company has closed loans amounting to ₹7.00 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bhartiya Vehicles & Engineering Company Limited India is Rakesh Mittal as COMPANY SECRETARY. Gaurav Bhartiya, Anita Bhartiya, Gayatri Bhartiya, and One other member serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bhartiyagroups.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29999DL1982PLC013041

  • Company No.

    013041

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 1982

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Transport and Logistics

What products or services does Bhartiya Vehicles & Engineering Company Limited offer?

Bhartiya Vehicles & Engineering Company Limited offers a wide range of products and services, including Engine & Engine Spare Parts, Industrial Engines.

Who are the key members and board of directors at Bhartiya Vehicles & Engineering Company?

Executive Team (1)

NameDesignationAppointment DateStatus
Rakesh Mittal Country flag representing In Company Secretary01-Apr-2001Current

Board Members (4)

NameDesignationAppointment DateStatus
Gaurav Bhartiya Country flag representing In Director 01-Mar-1999Current
Anita Bhartiya Country flag representing In Whole-Time Director 28-Mar-1988Current
Gayatri Bhartiya Country flag representing In Whole-Time Director 19-Feb-2019Current
Nandini Bhartiya Country flag representing In Whole-Time Director 06-Feb-2017Current

Financial Performance of Bhartiya Vehicles & Engineering Company.

Bhartiya Vehicles & Engineering Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.92% increase. The company also saw a substantial improvement in profitability, with a 136.5% increase in profit. The company's net worth moved up by a moderate rise of 8.71%.

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
14.92%
Revenue from Operations
15.61%
Total Assets
98.28%
Profit or Loss
136.50%
Net Worth
8.71%
EBITDA
40.58%

What is the Ownership and Shareholding Structure of Bhartiya Vehicles & Engineering Company?

In 2023, Bhartiya Vehicles & Engineering Company 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

₹870.32 M

Satisfied Charges

₹7.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 65.63 Cr
  • Bank Of India : 21.40 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2023Hdfc Bank Limited₹65.00 CrOpen
13 Dec 2021Bank Of India₹4.00 MOpen
20 Feb 2021Hdfc Bank Limited₹1.50 MOpen
10 Nov 2020Hdfc Bank Limited₹4.82 MOpen
27 Jun 2002Bank Of India₹21.00 CrOpen

How Many Employees Work at Bhartiya Vehicles & Engineering Company?

Unlock and access historical data on people associated with Bhartiya Vehicles & Engineering Company, 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 Bhartiya Vehicles & Engineering 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 Bhartiya Vehicles & Engineering 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 Bhartiya Vehicles & Engineering Company

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 650.00 M registered on 18 Mar 2023 with Charge ID 100698826 was modified on 29 Apr 2024.

    29 Apr 2024

  • Charges

    A charge registered on 04 Jun 2020 via Charge ID 100340652 with Bank Of India was fully satisfied on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge registered on 02 Nov 2021 via Charge ID 100495952 with Bank Of India was fully satisfied on 27 Feb 2024.

    27 Feb 2024

  • Charges

    A charge registered on 02 Nov 2021 via Charge ID 100495950 with Bank Of India was fully satisfied on 25 Jan 2024.

    25 Jan 2024

  • Annual General Meeting

    Bhartiya Vehicles & Engineering Company Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Bank Of India of Rs. 210.00 M registered on 27 Jun 2002 with Charge ID 90043461 was modified on 14 Aug 2023.

    14 Aug 2023

Frequently asked questions

  • Bhartiya Vehicles & Engineering Company Limited was incorporated on 22 Jan 1982.

  • The authorized share capital of Bhartiya Vehicles & Engineering Company Limited is ₹ 7.50 M and paid-up capital is ₹ 6.39 M.

  • Currently 5 directors are associated with Bhartiya Vehicles & Engineering Company Limited.

    • Gaurav Kishore Bhartiya
    • Anita Bhartiya
    • Gayatri Bhartiya
    • Rakesh Kumar Mittal
    • Nandini Bhartiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhartiya Vehicles & Engineering Company Limited is 41-A Friends Colony East Mathura Road, New Delhi, India, 110065.

  • The corporate identification number (CIN) of Bhartiya Vehicles & Engineering Company Limited is U29999DL1982PLC013041 and the company number is 013041 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhartiya Vehicles & Engineering Company Limited is https://www.bhartiyagroups.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhartiya Vehicles & Engineering Company Limited has risen by 14.92%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhartiya Vehicles & Engineering Company Limited has experienced an upsurge of 8.71%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhartiya Vehicles & Engineering Company Limited amount to ₹ 87.03 Cr.

  • The most recent Balance Sheet for Bhartiya Vehicles & Engineering Company Limited was filed with the ROC on 31 Mar 2023.

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