Budge Budge Refineries Ltd

Manufacturer of edible oil, including palm oil, soya oil, and bakery shortening, sold under various brand names.

1981 | Kolkata, West Bengal (India) | Active
Last Updated:

Budge Budge Refineries Profile

Key Indicators

  • Authorised Capital ₹ 109.25 Cr
  • Paid Up Capital ₹ 98.32 Cr
  • Company Age 43 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,334.90 Cr
  • Satisfied Charges ₹ 1,053.87 Cr
  • Revenue Growth 11.98%
  • Profit Growth -40.62%
  • Ebitda -42.92%
  • Net Worth 22.54%
  • Total Assets -10.67%

About Budge Budge Refineries

Budge Budge Refineries Ltd (BBRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 April 1981 and has a history of 43 years and 11 months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Saraf Oil Udyog Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 109.25 Cr and a paid-up capital of Rs 98.32 Cr.

The company currently has active open charges totaling ₹2,334.90 Cr. The company has closed loans amounting to ₹1,053.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Budge Budge Refineries Ltd India are Ramesh Agarwal as CFO and Manish Karwa as Company Secretary. Bijay Agarwal, Shyam Nangalia, Ramesh Agarwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15326WB1981PLC033574

  • Company No.

    033574

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Food and Beverages

What products or services does Budge Budge Refineries Ltd offer?

Budge Budge Refineries Ltd offers a wide range of products and services, including Edible Oil & Allied Products, Cooking Oil, Refined Oil.

Who are the key members and board of directors at Budge Budge Refineries?

Executive Team (2)

NameDesignationAppointment DateStatus
Ramesh Agarwal Country flag representing In CFO17-Mar-2018Current
Manish Karwa Company Secretary14-May-2018Current

Board Members (6)

NameDesignationAppointment DateStatus
Shyam Nangalia Country flag representing In Whole-Time Director 04-Sep-2014Current
Bijay Agarwal Country flag representing In Whole-Time Director 10-Apr-2013Current
Ramesh Agarwal Country flag representing In Director and Cfo 10-Sep-2009Current
Harsh Agarwal Country flag representing In Whole-Time Director 21-Feb-2015Current
Sonu Jain Country flag representing In Director 30-Mar-2015Current
Anup Pandey Country flag representing In Director 30-Mar-2015Current

Financial Performance of Budge Budge Refineries.

Budge Budge Refineries Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 11.98% increase. The company also saw a substantial fall in profitability, with a 40.62% decrease in profit. The company's net worth Soared by an impressive increase of 22.54%.

Budge Budge Refineries revenue growth over time
Budge Budge Refineries 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
11.98%
Revenue from Operations
10.74%
Total Assets
-10.67%
Profit or Loss
-40.62%
Net Worth
22.54%
EBITDA
-42.92%

What is the Ownership and Shareholding Structure of Budge Budge Refineries?

In 2023, Budge Budge Refineries had a promoter holding of 98.83% and a public holding of 1.17%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,334.90 Cr

Satisfied Charges

₹1,053.87 Cr

Charges Breakdown by Lending Institutions

  • Others : 2284.55 Cr
  • Citi Bank N.A. : 50.00 Cr
  • Hdfc Bank Limited : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jun 2024Others₹50.00 CrOpen
08 Mar 2024Others₹64.05 CrOpen
29 Aug 2023Others₹22.50 CrOpen
03 Aug 2023Hdfc Bank Limited₹3.52 MOpen
06 Apr 2022Others₹100.00 CrOpen

How Many Employees Work at Budge Budge Refineries?

Budge Budge Refineries has a workforce of 242 employees as of Apr 06, 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.

Employee growth trends for Budge Budge Refineries Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Budge Budge Refineries, 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 Budge Budge Refineries'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 Budge Budge Refineries

Recent activity within the organization

  • Annual General Meeting

    Budge Budge Refineries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100928538 was registered on 04 Jun 2024.

  • Charges

    A charge registered on 03 Mar 2008 via Charge ID 10096020 with Others was fully satisfied on 29 Apr 2024.

  • Balance Sheet

    Budge Budge Refineries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Others amounted to Rs. 64.05 Cr with Charge ID 100881443 was registered on 08 Mar 2024.

  • Charges

    A charge registered on 26 Jun 2023 via Charge ID 100736373 with Others was fully satisfied on 08 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Budge Budge Refineries Ltd?

    Budge Budge Refineries Ltd was incorporated on 22 Apr 1981.

  • What is authorized share capital and paid-up capital of Budge Budge Refineries Ltd?

    The authorized share capital of Budge Budge Refineries Ltd is ₹ 109.25 Cr and paid-up capital is ₹ 98.32 Cr.

  • Who are the current board members & directors of Budge Budge Refineries Ltd?

    Currently 8 directors are associated with Budge Budge Refineries Ltd.

    • Bijay Kumar Agarwal
    • Shyam Sundar Nangalia
    • Ramesh Agarwal
    • Harsh Agarwal
    • Sonu Jain
    • Anup Pandey
    • Ramesh Agarwal
    • Manish Karwa
  • What is the registered address of Budge Budge Refineries Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Budge Budge Refineries Ltd is P-336 C.I.T. Road Scheme-Vim 2Nd Floor, Phoolbagan India, Kankurgachi, West Bengal, 700054.

  • What is the corporate identification number (CIN) and company number of Budge Budge Refineries Ltd?

    The corporate identification number (CIN) of Budge Budge Refineries Ltd is U15326WB1981PLC033574 and the company number is 033574 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Budge Budge Refineries Ltd?

    The Official website of Budge Budge Refineries Ltd is https://www.ediblegroup.in

  • What has been the recent revenue trend for Budge Budge Refineries Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Budge Budge Refineries Ltd has risen by 11.98%.

  • How many employees does Budge Budge Refineries Ltd currently have?

    As Per 2023 financial reports, 242 employees are currently employed by Budge Budge Refineries Ltd.

  • What change has been observed in the net worth of Budge Budge Refineries Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Budge Budge Refineries Ltd has experienced an upsurge of 22.54%.

  • What are the total open charges for Budge Budge Refineries Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Budge Budge Refineries Ltd amount to ₹ 2,334.90 Cr.

  • When was the last Balance Sheet of Budge Budge Refineries Ltd filed with the ROC?

    The most recent Balance Sheet for Budge Budge Refineries Ltd was filed with the ROC on 31 Mar 2024.

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