Bhilai Engineering Corporation Limited

Founded in 1960 and headquartered in Chattisgarh, India.

1960 | Durg, Chattisgarh (India) | Active
Last Updated: January 11, 2025

Bhilai Engineering Corporation Profile

Key Indicators

  • Authorised Capital ₹ 11.50 Cr
  • Paid Up Capital ₹ 4.72 Cr
  • Company Age 64 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 536.95 Cr
  • Satisfied Charges ₹ 2,397.82 Cr
  • Revenue Growth 10.91%
  • Profit Growth -171.63%
  • Ebitda -30.82%
  • Net Worth -8.47%
  • Total Assets 1.18%

About Bhilai Engineering Corporation

Bhilai Engineering Corporation Limited (BECL) was founded in India on 03 December 1960 and has a glorious history of 64 years and two months. Its registered office is in Durg, Chattisgarh, India.

The Corporate was formerly known as Bhilai Engineering Corporation Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 11.50 Cr and a paid-up capital of Rs 4.72 Cr.

The company currently has active open charges totaling ₹536.95 Cr. The company has closed loans amounting to ₹2,397.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arvind Jain, Geetika Jain, Veenu Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Durg, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bec-group.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29111CT1960PLC000913

  • Company No.

    000913

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 1960

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Food and Beverages
Machinery and Equipment
Agriculture

What products or services does Bhilai Engineering Corporation Limited offer?

Bhilai Engineering Corporation Limited offers a wide range of products and services, including Casting, Moulding & Forging Machines, Foundry Machinery, Sheet Metal & Turned Components, Machine Parts, Fresh, Dried & Preserved Fruits, Fruit Pulp, Juices, Soups & Soft Drinks, Fruit Concentrate, Elevators & Escalators, Elevator Part.

Who are the key members and board of directors at Bhilai Engineering Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Arvind Jain Country flag representing In Managing Director01-Apr-2010Current
Geetika Jain Country flag representing In Managing Director04-Dec-2009Current
Veenu Jain Country flag representing In Managing Director01-Apr-2010Current

Board Members (1)

NameDesignationAppointment DateStatus
Ashish Jain Country flag representing In Director 01-Nov-2007Current

Financial Performance of Bhilai Engineering Corporation.

Bhilai Engineering Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.91% increase. The company also saw a substantial fall in profitability, with a 171.63% decrease in profit. The company's net worth dipped by a decrease of 8.47%.

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
10.91%
Revenue from Operations
12.17%
Total Assets
1.18%
Profit or Loss
-171.63%
Net Worth
-8.47%
EBITDA
-30.82%

What is the Ownership and Shareholding Structure of Bhilai Engineering Corporation?

In 2022, Bhilai Engineering Corporation had a promoter holding of 99.84% and a public holding of 0.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹536.95 Cr

Satisfied Charges

₹2,397.82 Cr

Charges Breakdown by Lending Institutions

  • Others : 496.69 Cr
  • Mahindra And Mahindra Financial Services Limited : 25.50 Cr
  • State Bank Of India : 6.65 Cr
  • Idbi Bank Limited : 6.00 Cr
  • Uco Bank : 2.11 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jun 2021State Bank Of India₹6.65 CrOpen
30 Mar 2021Uco Bank₹2.11 CrOpen
10 Feb 2021Idbi Bank Limited₹6.00 CrOpen
07 Sep 2016Others₹2.00 CrOpen
26 Feb 2014Mahindra And Mahindra Financial Services Limited₹12.00 CrOpen

How Many Employees Work at Bhilai Engineering Corporation?

Bhilai Engineering Corporation has a workforce of 20 employees as of Apr 09, 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 Bhilai Engineering Corporation, 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 Bhilai Engineering Corporation'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 Bhilai Engineering Corporation

Recent activity within the organization

  • Charges

    A charge registered on 31 Dec 2013 via Charge ID 10476317 with Aditya Birla Finance Limited was fully satisfied on 01 Jul 2024.

    01 Jul 2024

  • Charges

    A charge registered on 07 Oct 2013 via Charge ID 10457941 with Aditya Birla Finance Limited was fully satisfied on 01 Jul 2024.

    01 Jul 2024

  • Charges

    A charge registered on 23 Aug 2018 via Charge ID 100198554 with Others was fully satisfied on 21 Jun 2024.

    21 Jun 2024

  • Charges

    A charge with Others of Rs. 494.69 Cr registered on 25 Feb 1987 with Charge ID 80026522 was modified on 28 Feb 2024.

    28 Feb 2024

  • Annual General Meeting

    Bhilai Engineering Corporation Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Bhilai Engineering Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

    31 Mar 2023

Frequently asked questions

  • Bhilai Engineering Corporation Limited was incorporated on 03 Dec 1960.

  • The authorized share capital of Bhilai Engineering Corporation Limited is ₹ 11.50 Cr and paid-up capital is ₹ 4.72 Cr.

  • Currently 4 directors are associated with Bhilai Engineering Corporation Limited.

    • Arvind Kumar Jain
    • Geetika Jain
    • Veenu Jain
    • Ashish Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhilai Engineering Corporation Limited is Hathkhoj Village Industrial Area Bhilai Dist. India, Durg, Chattisgarh, 490001.

  • The corporate identification number (CIN) of Bhilai Engineering Corporation Limited is U29111CT1960PLC000913 and the company number is 000913 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhilai Engineering Corporation Limited is https://www.bec-group.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Bhilai Engineering Corporation Limited has risen by 10.91%.

  • As Per 2022 financial reports, 20 employees are currently employed by Bhilai Engineering Corporation Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Bhilai Engineering Corporation Limited has experienced an downturn of -8.47%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Bhilai Engineering Corporation Limited amount to ₹ 536.95 Cr.

  • The most recent Balance Sheet for Bhilai Engineering Corporation Limited was filed with the ROC on 31 Mar 2023.

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