Binayak Aluminium Private Limited

Manufactures and supplies aluminium products such as sheets, circles, utensils, foils, and strips.

1998 | Cuttack, Odisha (India) | Active
Last Updated: October 24, 2024

Binayak Aluminium Profile

Key Indicators

  • Authorised Capital ₹ 1.40 Cr
  • Paid Up Capital ₹ 1.34 Cr
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 63.70 Cr
  • Satisfied Charges ₹ 25.83 Cr
  • Revenue Growth -26.61%
  • Profit Growth 131.81%
  • Ebitda 218.27%
  • Net Worth 3.16%
  • Total Assets 6.31%

About Binayak Aluminium

Binayak Aluminium Private Limited (BAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 May 1998 and has a history of 26 years and eight months. Its registered office is in Cuttack, Odisha, India.

The Corporate was formerly known as Binayak Aluminium (P) Ltd. The Company is engaged in the Home & Lifestyle 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 1.40 Cr and a paid-up capital of Rs 1.34 Cr.

The company currently has active open charges totaling ₹63.70 Cr. The company has closed loans amounting to ₹25.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bishwambhar Agarwal, Prashant Agarwal, Apoorv Agarwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Cuttack, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27203OR1998PTC005326

  • Company No.

    005326

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 May 1998

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Home & Lifestyle

What products or services does Binayak Aluminium Private Limited offer?

Binayak Aluminium Private Limited offers a wide range of products and services, including Cookware and Cooking Utensils, Cooking Pan, Kitchen Hot Plates, Kitchenware, Frying Pan, Stainless Steel Utensils & Cookware, Steel Cooking Utensils, Cooking Utensil, Cookware, Aluminium Handi.

Who are the key members and board of directors at Binayak Aluminium?

Board Members (4)

Name Designation Appointment Date Status
Bishwambhar Agarwal Country flag representing In Director 14-Jan-2000 Current
Prashant Agarwal Country flag representing In Director 22-May-1998 Current
Apoorv Agarwal Country flag representing In Director 27-Jun-2020 Current
Anshul Agarwal Country flag representing In Director 25-Jun-2020 Current

Financial Performance of Binayak Aluminium.

Binayak Aluminium Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.61% decrease. The company also saw a substantial improvement in profitability, with a 131.81% increase in profit. The company's net worth moved up by a moderate rise of 3.16%.

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
-26.61%
Revenue from Operations
-26.81%
Total Assets
6.31%
Profit or Loss
131.81%
Net Worth
3.16%
EBITDA
218.27%

What is the Ownership and Shareholding Structure of Binayak Aluminium?

In 2023, Binayak Aluminium had a promoter holding of 72.06% and a public holding of 27.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹63.70 Cr

Satisfied Charges

₹25.83 Cr

Charges Breakdown by Lending Institutions

  • Others : 31.39 Cr
  • Axis Bank Limited : 31.37 Cr
  • Hdfc Bank Limited : 0.95 Cr

Latest Charge Details

Date Lender Amount Status
27 Apr 2024 Others ₹27.92 Cr Open
28 Jun 2021 Hdfc Bank Limited ₹9.45 M Open
30 Mar 2021 Axis Bank Limited ₹2.91 M Open
13 Oct 2020 Axis Bank Limited ₹1.46 M Open
07 Jul 2020 Axis Bank Limited ₹0.65 M Open

How Many Employees Work at Binayak Aluminium?

Binayak Aluminium has a workforce of 178 employees as of Mar 22, 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 Binayak Aluminium, 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 Binayak Aluminium'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 Binayak Aluminium

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 27.92 Cr registered on 27 Apr 2024 with Charge ID 100917650 was modified on 09 Sep 2024.

    09 Sep 2024

  • Charges

    A charge registered on 21 Dec 2022 via Charge ID 100655206 with Others was fully satisfied on 04 Jul 2024.

    04 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 27.92 Cr with Charge ID 100917650 was registered on 27 Apr 2024.

    27 Apr 2024

  • Annual General Meeting

    Binayak Aluminium Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Binayak Aluminium Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 18.35 Cr with Charge ID 100655206 was registered on 21 Dec 2022.

    21 Dec 2022

Frequently asked questions

  • Binayak Aluminium Private Limited was incorporated on 22 May 1998.

  • The authorized share capital of Binayak Aluminium Private Limited is ₹ 1.40 Cr and paid-up capital is ₹ 1.34 Cr.

  • Currently 4 directors are associated with Binayak Aluminium Private Limited.

    • Bishwambhar Diyal Agarwal
    • Prashant Agarwal
    • Apoorv Agarwal
    • Anshul Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Binayak Aluminium Private Limited is Nh-5, Bali Kuda Gopalpur India, Cuttack, Orissa, 753011.

  • The corporate identification number (CIN) of Binayak Aluminium Private Limited is U27203OR1998PTC005326 and the company number is 005326 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Binayak Aluminium Private Limited is https://www.binayakaluminium.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Binayak Aluminium Private Limited has fallen by -26.61%.

  • As Per 2023 financial reports, 178 employees are currently employed by Binayak Aluminium Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Binayak Aluminium Private Limited has experienced an upsurge of 3.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Binayak Aluminium Private Limited amount to ₹ 63.70 Cr.

  • The most recent Balance Sheet for Binayak Aluminium Private Limited was filed with the ROC on 31 Mar 2023.

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