Bihar Foundry & Castings Limited

Manufactures sponge iron, MS billets, and ferro-alloys with captive power plant.

1971 | Ranchi, Jharkhand (India) | Active
Last Updated: October 23, 2024

Bihar Foundry & Castings Profile

Key Indicators

  • Authorised Capital ₹ 9.99 Cr
  • Paid Up Capital ₹ 9.34 Cr
  • Company Age 53 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 887.02 Cr
  • Satisfied Charges ₹ 677.38 Cr
  • Revenue Growth 21.27%
  • Profit Growth 35.90%
  • Ebitda 23.41%
  • Net Worth 46.32%
  • Total Assets 30.15%

About Bihar Foundry & Castings

Bihar Foundry & Castings Limited (BFCL) was founded in India on 11 November 1971 and has a glorious history of 53 years and three months. Its registered office is in Ranchi, Jharkhand, India.

The Company is engaged in the Metals And Minerals 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 9.99 Cr and a paid-up capital of Rs 9.34 Cr.

The company currently has active open charges totaling ₹887.02 Cr. The company has closed loans amounting to ₹677.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bihar Foundry & Castings Limited India is Gaurav Budhia as CFO. Hari Budhia, Gaurav Budhia, Anuj Kumar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ranchi, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bfcl.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100JH1971PLC000912

  • Company No.

    000912

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Nov 1971

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Metals and Minerals

Who are the key members and board of directors at Bihar Foundry & Castings?

Executive Team (2)

NameDesignationAppointment DateStatus
Hari Budhia Country flag representing In Managing Director11-Nov-1977Current
Gaurav Budhia CFO20-Oct-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Vanika Lath Country flag representing In Director 24-Jul-2021Current
Anuj Kumar Country flag representing In Additional Director Current
Gaurav Budhia Country flag representing In Director 18-Jun-2007Current
Hari Shukla Country flag representing In Additional Director Current

Financial Performance of Bihar Foundry & Castings.

Bihar Foundry & Castings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.27% increase. The company also saw a substantial improvement in profitability, with a 35.9% increase in profit. The company's net worth Soared by an impressive increase of 46.32%.

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
21.27%
Revenue from Operations
21.83%
Total Assets
30.15%
Profit or Loss
35.90%
Net Worth
46.32%
EBITDA
23.41%

What is the Ownership and Shareholding Structure of Bihar Foundry & Castings?

In 2023, Bihar Foundry & Castings had a promoter holding of 98.74% and a public holding of 1.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹887.02 Cr

Satisfied Charges

₹677.38 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 847.01 Cr
  • Hdfc Bank Limited : 28.35 Cr
  • Canara Bank : 9.29 Cr
  • Others : 2.37 Cr

Latest Charge Details

DateLenderAmountStatus
10 Nov 2023Hdfc Bank Limited₹8.01 MOpen
19 Oct 2023Hdfc Bank Limited₹9.94 MOpen
19 Oct 2023Hdfc Bank Limited₹2.61 CrOpen
07 Jul 2023Sbicap Trustee Company Limited₹496.51 CrOpen
07 Jul 2023Sbicap Trustee Company Limited₹350.50 CrOpen

How Many Employees Work at Bihar Foundry & Castings?

Bihar Foundry & Castings has a workforce of 474 employees as of Apr 07, 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 Bihar Foundry & Castings, 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 Bihar Foundry & Castings'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 Bihar Foundry & Castings

Recent activity within the organization

  • Charges

    A charge registered on 30 Oct 2022 via Charge ID 100627795 with Indian Bank was fully satisfied on 19 Jun 2024.

    19 Jun 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 496.51 Cr registered on 07 Jul 2023 with Charge ID 100740151 was modified on 06 Jun 2024.

    06 Jun 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 350.50 Cr registered on 07 Jul 2023 with Charge ID 100768037 was modified on 22 Dec 2023.

    22 Dec 2023

  • Charges

    A charge registered on 06 Jul 2022 via Charge ID 100593566 with Yes Bank Limited was fully satisfied on 20 Nov 2023.

    20 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100849377 was registered on 10 Nov 2023.

    10 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.99 Cr with Charge ID 100841775 was registered on 19 Oct 2023.

    19 Oct 2023

Frequently asked questions

  • Bihar Foundry & Castings Limited was incorporated on 11 Nov 1971.

  • The authorized share capital of Bihar Foundry & Castings Limited is ₹ 9.99 Cr and paid-up capital is ₹ 9.34 Cr.

  • Currently 6 directors are associated with Bihar Foundry & Castings Limited.

    • Hari Krishna Budhia
    • Gaurav Budhia
    • Anuj Kumar
    • Vanika Lath
    • Hari Babu Shukla
    • Gaurav Budhia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bihar Foundry & Castings Limited is Main Road, India, Ranchi, Jharkhand, 834001.

  • The corporate identification number (CIN) of Bihar Foundry & Castings Limited is U27100JH1971PLC000912 and the company number is 000912 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bihar Foundry & Castings Limited is https://www.bfcl.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bihar Foundry & Castings Limited has risen by 21.27%.

  • As Per 2023 financial reports, 474 employees are currently employed by Bihar Foundry & Castings Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bihar Foundry & Castings Limited has experienced an upsurge of 46.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bihar Foundry & Castings Limited amount to ₹ 887.02 Cr.

  • The most recent Balance Sheet for Bihar Foundry & Castings Limited was filed with the ROC on 31 Mar 2023.

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