
Bagalkot Udyog Limited
About Bagalkot Udyog Limited
Data last updated:
Bagalkot Udyog Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 21 December 1948 and has been in existence for over 78 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L99999MH1948PLC006830. The company has 2 GST registrations on record, none of which is active. It is a listed company.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹85.08 Lakh. It was formerly known as Kanoria Industries Limited and Bagalkot Cement Company Limited. It is led by directors including Pradnya Jayesh Kambli and Poonam Dinesh Yadav.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Stadium House Block No.1 6th Floor Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per MCA filings, the company has open charges of ₹99.14 Cr and satisfied charges of ₹21.36 Cr on record. Court records list 681 cases involving the company, including 505 filed by the company and 160 filed against it; 16 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Name History of Bagalkot Udyog Limited
Bagalkot Udyog has undergone 2 name changes throughout its history. The company was previously known as Kanoria Industries Limited, and Bagalkot Cement Company Limited. The current legal name is Bagalkot Udyog Limited.
| Company Name | Status |
|---|---|
| Bagalkot Udyog Limited | Current |
| Kanoria Industries Limited | Previous |
| Bagalkot Cement Company Limited | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressStadium House Block No.1 6th Floor Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, Diversified Financial Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Bagalkot Udyog Limited
The main business activity of Bagalkot Udyog is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bagalkot Udyog Limited FY 2024 filings available
Bagalkot Udyog Limited reported revenue of ₹3,444 (down 31% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Bagalkot Udyog Limited
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 31% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Bagalkot Udyog Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Bagalkot Udyog Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bagalkot Udyog are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Bagalkot Udyog Limited
Bagalkot Udyog has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradnya Jayesh Kambli | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
| Poonam Dinesh Yadav Also directs: Serene Wines LLP, Trident Agrocom Exports Limited | Director | 13 Jun 2022 | 4 Years 4 Months | Current |
| Sitalaxmi Sachin Sankarankutty | Director | 13 Jun 2022 | 4 Years 4 Months | Current |
| Kirti Sagar More | Director | 22 Apr 2026 | 0 Years 5 Months | Current |
| Dhaval Nityendra Raut | Director | 22 Apr 2026 | 0 Years 5 Months | Current |
Peer Comparison of Bagalkot Udyog Limited
Bagalkot Udyog Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gna Investment Limited | ₹3,500 (FY 2025) | •••• | •••• | •••• | Jalandhar, Punjab, India | |
| Pawansut Infratech Private Limited | ₹3,492 (FY 2020) | •••• | •••• | -100.0% | •••• | Lucknow, Uttar Pradesh, India |
| Huey Tech Limited | ₹3,485 (FY 2024) | •••• | •••• | -5.0% | •••• | Noida, Uttar Pradesh, India |
| Gracious Tours & Travels Private Limited | ₹3,474 (FY 2021) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| Tara Securities Private Limited | ₹3,456 (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Bagalkot Udyog Limited this company | ₹3,444 (FY 2023) | •••• | •••• | -31.0% | •••• | Mumbai, Maharashtra, India |
| Janmabhumi Financial Management Private Limited | ₹3,422 (FY 2021) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| J S R Infra Holdings India Private Limited | ₹3,400 (FY 2025) | •••• | •••• | -100.0% | •••• | Hyderabad, Telangana, India |
| Chen Vyapaar Private Limited | ₹3,400 (FY 2025) | •••• | •••• | -93.0% | •••• | Kolkata, West Bengal, India |
| Yards Technovation Private Limited | ₹3,397 (FY 2024) | •••• | •••• | -46.0% | •••• | Mumbai, Maharashtra, India |
| Unifirst Solutions Private Limited | ₹3,375 (FY 2023) | •••• | •••• | -100.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Bagalkot Udyog by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bagalkot Udyog Limited
Bagalkot Udyog Limited is audited by Chetan Jain & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Chetan Jain & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Bagalkot Udyog Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bagalkot Udyog Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Oct 1998 | Punjab National Bank | ₹1 Cr | Open |
| 24 Nov 1997 | Industrial Devlopment Bank of India | ₹4 Cr | Open |
| 22 Oct 1997 | Dena Bank | ₹2 Cr | Open |
| 04 Aug 1997 | Canara Bank | ₹75 Lakh | Open |
| 04 Jul 1997 | Industrial Devlopment Bank of India | ₹3 Cr | Open |
Total charge records: 70 View all charges
Legal Cases of Bagalkot Udyog Limited
Bagalkot Udyog Limited has 681 court cases on record: 505 filed by Bagalkot Udyog, 160 filed against it, 16 where it is another party. 16 cases are pending and 665 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 401 | 29 | 8 |
| High courts | 277 | 129 | 8 |
| Supreme Court | 3 | 2 | 0 |
Cases on record (5 of 681)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Court case (Ex.C) | Filed by the company against Vasanth and Company Private Limited | Disposed |
| District court, South Goa, Goa | Civil suit | Filed by the company against Kharangate Engineers and Builders Private Limited | Disposed |
| District court, BELAGAVI, Karnataka | Civil suit | Filed against the company by Indian Oil Corporation Limited | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed by the company against an individual | Pending |
| High Court of Karnataka | Appeal | Company is another party | Pending |
Full case history
All 681 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Bagalkot Udyog Limited
Employment history and EPFO contributions of people linked to Bagalkot Udyog.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bagalkot Udyog Limited
Bagalkot Udyog Limited has 27 board changes on record since 1987: 16 appointments and 11 cessations. The latest: Dhaval Nityendra Raut was appointed as Director on 22 Apr 2026.
116 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bagalkot Udyog Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bagalkot Udyog Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bagalkot Udyog Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bagalkot Udyog Limited
Bagalkot Udyog has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bagalkot Udyog Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bagalkot Udyog Limited
Bagalkot Udyog is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 21 December 1948 (78+ years old) and is registered under CIN L99999MH1948PLC006830.
Bagalkot Udyog has 5 current directors:
- Pradnya Jayesh Kambli - Director
- Poonam Dinesh Yadav - Director
- Sitalaxmi Sachin Sankarankutty - Director
- Kirti Sagar More - Director
- Dhaval Nityendra Raut - Director
No. Bagalkot Udyog has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Bagalkot Udyog is L99999MH1948PLC006830. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Bagalkot Udyog is a listed company.
Bagalkot Udyog has 681 court cases on record: 505 filed by the company and 160 filed against it. 16 are pending. Most are in the district courts.
Bagalkot Udyog was incorporated on 21 December 1948, making it 78+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bagalkot Udyog by revenue are Gna Investment Limited, Pawansut Infratech Private Limited, Huey Tech Limited, Gracious Tours & Travels Private Limited, Tara Securities Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Dhaval Nityendra Raut was appointed as Director on 22 Apr 2026. Kirti Sagar More was appointed as Director on 22 Apr 2026. Poonam Dinesh Yadav was appointed as Director on 13 Jun 2022. Bagalkot Udyog has 27 board changes on record in total.
The registered office of Bagalkot Udyog is at Stadium House Block No.1 6th Floor Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020.
Bagalkot Udyog has an authorised share capital of ₹45 Cr and a paid-up capital of ₹85.08 Lakh.