Bf Industrial Technology & Solutions Limited

Manufactures forged flanges and heavy forging for industrial and non-automotive sectors.

1989 | Waghodia, Gujarat (India) | Active
Last Updated: July 27, 2024

Bf Industrial Technology & Solutions Profile

Key Indicators

  • Authorised Capital ₹ 91.00 Cr
  • Paid Up Capital ₹ 90.05 Cr
  • Company Age 35 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.00 Cr
  • Satisfied Charges ₹ 584.45 Cr
  • Revenue Growth 71.30%
  • Profit Growth -32.45%
  • Ebitda 234.95%
  • Net Worth 26.17%
  • Total Assets 16.89%

About Bf Industrial Technology & Solutions

Bf Industrial Technology & Solutions Limited (BITSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 March 1989 and has a history of 35 years and 11 months. Its registered office is in Waghodia, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533411 and on the National Stock Exchange(NSE) under SANGHVIFOR.

The Corporate was formerly known as Sanghvi Forging And Engineering Private Limited. The Company is engaged in the Machinery And Equipment 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 91.00 Cr and a paid-up capital of Rs 90.05 Cr.

The company currently has active open charges totaling ₹11.00 Cr. The company has closed loans amounting to ₹584.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bf Industrial Technology & Solutions Limited India are Sanjeevkumar Jain as Cfo, Sandeep Goel as Ceo, and Namrata Sanghavi as Company Secretary. Sanjeevkumar Jain, Vikram Munje, Kedar Dixit, and Three other members serve as directors at the Company.

Company Details

  • Location

    Waghodia, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bfitsl.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L28910GJ1989PLC012015

  • Company No.

    012015

  • Stock Symbol

    BSE : 533411 NSE : SANGHVIFOR

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 1989

  • Date of AGM

    09 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Bf Industrial Technology & Solutions Limited offer?

Bf Industrial Technology & Solutions Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Heat Exchanger Parts, Forgings, Forging Parts & Supplies, Forged Components, Light Fittings, Industrial Lighting Fittings, Tube Sheet, Flanges, Forged Flange, Industrial Shafts.

Who are the key members and board of directors at Bf Industrial Technology & Solutions?

Executive Team (3)

NameDesignationAppointment DateStatus
Sanjeevkumar Jain CFO07-Jun-2021Current
Sandeep Goel Country flag representing In CEO06-May-2021Current
Namrata Sanghavi Company Secretary25-May-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Sumeet Banga Country flag representing In Additional Director 25-Jan-2024Current
Sanjeevkumar Jain Country flag representing In Whole-Time Director 27-Apr-2022Current
Vikram Munje Country flag representing In Director 28-Jun-2021Current
Kedar Dixit Country flag representing In Director 28-Jun-2021Current
Sandeep Goel Country flag representing In Director and Ceo 16-Jul-2021Current
Hemrajsinh Solanki Director 03-Aug-2023Current

Financial Performance of Bf Industrial Technology & Solutions.

Bf Industrial Technology & Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 71.3% increase. The company also saw a substantial fall in profitability, with a 32.45% decrease in profit. The company's net worth Soared by an impressive increase of 26.17%.

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
71.30%
Revenue from Operations
58.73%
Total Assets
16.89%
Profit or Loss
-32.45%
Net Worth
26.17%
EBITDA
234.95%

What is the Ownership and Shareholding Structure of Bf Industrial Technology & Solutions?

In 2023, Bf Industrial Technology & Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.00 Cr

Satisfied Charges

₹584.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 11.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 2022Others₹11.00 CrOpen
03 Jul 2014Others₹109.48 CrSatisfied
18 Feb 2014Others₹109.48 CrSatisfied
17 Aug 2011Others₹165.33 CrSatisfied
12 Mar 2011Others₹165.33 CrSatisfied

How Many Employees Work at Bf Industrial Technology & Solutions?

Bf Industrial Technology & Solutions has a workforce of 186 employees as of Mar 29, 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 Bf Industrial Technology & Solutions, 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 Bf Industrial Technology & Solutions'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 Bf Industrial Technology & Solutions

Recent activity within the organization

  • Director Appointment

    Sumeet Banga was appointed as a Additional Director was appointed as a Additional Director on 25 Jan 2024 & has been associated with this company since 1 year 29 days .

    25 Jan 2024

  • Annual General Meeting

    Bf Industrial Technology & Solutions Limited last Annual general meeting of members was held on 09 Aug 2023 as per latest MCA records.

    09 Aug 2023

  • Director Appointment

    Hemrajsinh Harishchandrasinh Solanki was appointed as a Director was appointed as a Director on 03 Aug 2023 & has been associated with this company since 1 year 6 months .

    03 Aug 2023

  • Director Appointment

    Namrata Dhiraj Sanghavi was appointed as a Company Secretary was appointed as a Company Secretary on 25 May 2023 & has been associated with this company since 1 year 9 months .

    25 May 2023

  • Balance Sheet

    Bf Industrial Technology & Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Sanjeevkumar Sumatilal Jain was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Apr 2022 & has been associated with this company since 2 years 9 months .

    27 Apr 2022

Frequently asked questions

  • Bf Industrial Technology & Solutions Limited was incorporated on 16 Mar 1989.

  • The authorized share capital of Bf Industrial Technology & Solutions Limited is ₹ 91.00 Cr and paid-up capital is ₹ 90.05 Cr.

  • Currently 9 directors are associated with Bf Industrial Technology & Solutions Limited.

    • Sanjeevkumar Sumatilal Jain
    • Vikram Manohar Munje
    • Kedar Prakash Dixit
    • Sumeet Banga
    • Sandeep Nikku Goel
    • Hemrajsinh Harishchandrasinh Solanki
    • Sanjeevkumar Sumatilal Jain
    • Sandeep Nikku Goel
    • Namrata Dhiraj Sanghavi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bf Industrial Technology & Solutions Limited is 244/6&7 Gidc Estate Waghodia, Gujarat, India, 391760.

  • The corporate identification number (CIN) of Bf Industrial Technology & Solutions Limited is L28910GJ1989PLC012015 and the company number is 012015 as per Ministry of Corporate Affairs (MCA).

  • Yes, Bf Industrial Technology & Solutions Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SANGHVIFOR.

  • The Official website of Bf Industrial Technology & Solutions Limited is https://www.bfitsl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bf Industrial Technology & Solutions Limited has risen by 71.30%.

  • As Per 2023 financial reports, 186 employees are currently employed by Bf Industrial Technology & Solutions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bf Industrial Technology & Solutions Limited has experienced an upsurge of 26.17%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bf Industrial Technology & Solutions Limited amount to ₹ 11.00 Cr.

  • The most recent Balance Sheet for Bf Industrial Technology & Solutions Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Industrial Machinery Manufacturing