Navbharat Explosive Company Limited

Manufacturer of industrial explosives and accessories with 3 facilities and 28,000 MTPA capacity.

1984 | Raipur, Chattisgarh (India) | Active
Last Updated: December 24, 2024

Navbharat Explosive Company Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.33 M
  • Company Age 40 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.85 Cr
  • Satisfied Charges ₹ 19.11 Cr
  • Revenue Growth -58.82%
  • Profit Growth 95.48%
  • Ebitda 71.43%
  • Net Worth 288.00%
  • Total Assets 24.80%

About Navbharat Explosive Company

Navbharat Explosive Company Limited (NECL) is a Public Limited Indian Non-Government Company incorporated in India on 06 June 1984 and has a history of 40 years and eight months. Its registered office is in Raipur, Chattisgarh, India.

The Company is engaged in the Chemicals 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 1.00 Cr and a paid-up capital of Rs 6.33 M.

The company currently has active open charges totaling ₹1.85 Cr. The company has closed loans amounting to ₹19.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aileni Reddy, Parvath Kotha, Madhu Vanga, and One other member serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    navbharat.org

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24292CT1984PLC002473

  • Company No.

    002473

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Jun 1984

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Chemicals
Defence

Who are the key members and board of directors at Navbharat Explosive Company?

Board Members (4)

NameDesignationAppointment DateStatus
Aileni Reddy Country flag representing In Additional Director 25-Jun-2024Current
Parvath Kotha Country flag representing In Additional Director 30-Jul-2021Current
Madhu Vanga Country flag representing In Additional Director 24-Jul-2023Current
Krishnamurthy Kamalapuram Country flag representing In Additional Director 10-Jun-2021Current

Financial Performance of Navbharat Explosive Company.

Navbharat Explosive Company Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 58.82% decrease. The company also saw a substantial improvement in profitability, with a 95.48% increase in profit. The company's net worth Soared by an impressive increase of 288%.

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
-58.82%
Revenue from Operations
Total Assets
24.80%
Profit or Loss
95.48%
Net Worth
288.00%
EBITDA
71.43%

What is the Ownership and Shareholding Structure of Navbharat Explosive Company?

In 2023, Navbharat Explosive Company had a promoter holding of 97.96% and a public holding of 2.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.85 Cr

Satisfied Charges

₹19.11 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.85 Cr

Latest Charge Details

DateLenderAmountStatus
01 Sep 2023Axis Bank Limited₹1.85 CrOpen
30 Aug 2012State Bank Of Hyderabad₹8.86 MSatisfied
05 May 2005Ge Capital Tfs Ltd.₹1.02 MSatisfied
29 Apr 2005Ge Capital Tfs Ltd.₹0.75 MSatisfied
12 Apr 2005Ge Capital Tfs Ltd.₹0.53 MSatisfied

How Many Employees Work at Navbharat Explosive Company?

Unlock and access historical data on people associated with Navbharat Explosive Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Navbharat Explosive Company, 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 Navbharat Explosive Company'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 Navbharat Explosive Company

Recent activity within the organization

  • Director Appointment

    Aileni Shyam Sunder Reddy was appointed as a Additional Director was appointed as a Additional Director on 25 Jun 2024 & has been associated with this company since 7 months 30 days .

    25 Jun 2024

  • Annual General Meeting

    Navbharat Explosive Company Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.85 Cr with Charge ID 100785362 was registered on 01 Sep 2023.

    01 Sep 2023

  • Director Appointment

    Madhu Sudan Reddy Vanga was appointed as a Additional Director was appointed as a Additional Director on 24 Jul 2023 & has been associated with this company since 1 year 7 months .

    24 Jul 2023

  • Balance Sheet

    Navbharat Explosive Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

    31 Mar 2023

  • Director Appointment

    Parvath Reddy Kotha was appointed as a Additional Director was appointed as a Additional Director on 30 Jul 2021 & has been associated with this company since 3 years 6 months .

    30 Jul 2021

Frequently asked questions

  • Navbharat Explosive Company Limited was incorporated on 06 Jun 1984.

  • The authorized share capital of Navbharat Explosive Company Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.33 M.

  • Currently 4 directors are associated with Navbharat Explosive Company Limited.

    • Aileni Shyam Sunder Reddy
    • Parvath Reddy Kotha
    • Madhu Sudan Reddy Vanga
    • Krishnamurthy Kamalapuram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Navbharat Explosive Company Limited is Khasra No.: 487/1 488, Gatapar Village Tehsil : Abhanpur India, Raipur, Chattisgarh, 493661.

  • The corporate identification number (CIN) of Navbharat Explosive Company Limited is U24292CT1984PLC002473 and the company number is 002473 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Navbharat Explosive Company Limited is https://www.navbharat.org

  • According to the financial reports for the fiscal year 2020, the revenue trend for Navbharat Explosive Company Limited has fallen by -58.82%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Navbharat Explosive Company Limited has experienced an upsurge of 288.00%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Navbharat Explosive Company Limited amount to ₹ 1.85 Cr.

  • The most recent Balance Sheet for Navbharat Explosive Company Limited was filed with the ROC on 31 Mar 2023.

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