Bitchem Asphalt Technologies Limited

Manufacturer of road construction materials, including emulsions, binders, and modified bitumen for various clients.

1996 | Guwahati, Assam (India) | Active
Last Updated: July 17, 2024

Bitchem Asphalt Technologies Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 9.86 M
  • Company Age 28 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.64 Cr
  • Satisfied Charges ₹ 47.41 Cr
  • Revenue Growth 78.33%
  • Profit Growth -55.26%
  • Ebitda 5.26%
  • Net Worth 7.96%
  • Total Assets 45.44%

About Bitchem Asphalt Technologies

Bitchem Asphalt Technologies Limited (BATL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 September 1996 and has a history of 28 years and four months. Its registered office is in Guwahati, Assam, India.

The Corporate was formerly known as S M Bitumax Limited. The Company is engaged in the Manufacturing 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 2.50 Cr and a paid-up capital of Rs 9.86 M.

The company currently has active open charges totaling ₹40.64 Cr. The company has closed loans amounting to ₹47.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajeev Agarwal, Sarat Jain, Rishi Agarwal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Guwahati, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bitchem.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27104AS1996PLC004876

  • Company No.

    004876

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 1996

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Manufacturing

What products or services does Bitchem Asphalt Technologies Limited offer?

Bitchem Asphalt Technologies Limited offers a wide range of products and services, including Petroleum and Petrochemical Products, Bitumen, FRP Lining, PU & Powder Coatings, Road Marking Paints and Coatings, Cement and Concrete, Concrete.

Who are the key members and board of directors at Bitchem Asphalt Technologies?

Board Members (5)

NameDesignationAppointment DateStatus
Sarat Jain Country flag representing In Director 27-Sep-1996Current
Rajeev Agarwal Country flag representing In Director 01-Nov-2010Current
Rishi Agarwal Country flag representing In Director 17-Oct-2023Current
Kulvin Suri Country flag representing In Director 24-Aug-2023Current
Paruchuri Rao Country flag representing In Director 18-May-2019Current

Financial Performance of Bitchem Asphalt Technologies.

Bitchem Asphalt Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.33% increase. The company also saw a substantial fall in profitability, with a 55.26% decrease in profit. The company's net worth moved up by a moderate rise of 7.96%.

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
78.33%
Revenue from Operations
78.95%
Total Assets
45.44%
Profit or Loss
-55.26%
Net Worth
7.96%
EBITDA
5.26%

What is the Ownership and Shareholding Structure of Bitchem Asphalt Technologies?

In 2023, Bitchem Asphalt Technologies had a promoter holding of 69.98% and a public holding of 30.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.64 Cr

Satisfied Charges

₹47.41 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 30.73 Cr
  • Others : 9.74 Cr
  • Hdfc Bank Limited : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2023Axis Bank Limited₹0.78 MOpen
29 Aug 2023Axis Bank Limited₹7.08 MOpen
11 Jul 2022Hdfc Bank Limited₹1.76 MOpen
23 Mar 2018Others₹9.74 CrOpen
01 Dec 2009Axis Bank Limited₹29.94 CrOpen

How Many Employees Work at Bitchem Asphalt Technologies?

Bitchem Asphalt Technologies has a workforce of 45 employees as of Apr 02, 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 Bitchem Asphalt Technologies, 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 Bitchem Asphalt Technologies'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 Bitchem Asphalt Technologies

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 29.94 Cr registered on 01 Dec 2009 with Charge ID 10189586 was modified on 29 Dec 2023.

    29 Dec 2023

  • Director Appointment

    Rishi Agarwal was appointed as a Director was appointed as a Director on 17 Oct 2023 & has been associated with this company since 1 year 4 months .

    17 Oct 2023

  • Annual General Meeting

    Bitchem Asphalt Technologies 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 Axis Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100796614 was registered on 25 Sep 2023.

    25 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.71 Cr with Charge ID 100779579 was registered on 29 Aug 2023.

    29 Aug 2023

  • Director Appointment

    Kulvin Suri was appointed as a Director was appointed as a Director on 24 Aug 2023 & has been associated with this company since 1 year 6 months .

    24 Aug 2023

Frequently asked questions

  • Bitchem Asphalt Technologies Limited was incorporated on 27 Sep 1996.

  • The authorized share capital of Bitchem Asphalt Technologies Limited is ₹ 2.50 Cr and paid-up capital is ₹ 9.86 M.

  • Currently 5 directors are associated with Bitchem Asphalt Technologies Limited.

    • Rajeev Agarwal
    • Sarat Kumar Jain
    • Rishi Agarwal
    • Kulvin Suri
    • Paruchuri Gangadhar Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bitchem Asphalt Technologies Limited is Anil Plaza 3Rd FloorNear Idbi Bank G.S.Road, Guwahati, Assam, India, 781005.

  • The corporate identification number (CIN) of Bitchem Asphalt Technologies Limited is U27104AS1996PLC004876 and the company number is 004876 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bitchem Asphalt Technologies Limited is https://www.bitchem.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bitchem Asphalt Technologies Limited has risen by 78.33%.

  • As Per 2023 financial reports, 45 employees are currently employed by Bitchem Asphalt Technologies Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bitchem Asphalt Technologies Limited has experienced an upsurge of 7.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bitchem Asphalt Technologies Limited amount to ₹ 40.64 Cr.

  • The most recent Balance Sheet for Bitchem Asphalt Technologies Limited was filed with the ROC on 31 Mar 2023.

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