MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0002438
Balaji Earth Movers (India) Private Limited
Balaji Earth Movers (India) Private Limited - financial services in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.43 Cr
▼ 44% YoY
Net loss · FY 2025
₹28.93 Lakh
Net margin -20.2%
EBITDA · FY 2025
₹58.1 Lakh
EBITDA margin 40.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹7 Lakh
Issued & subscribed
Open charges
₹14.64 Cr
Satisfied ₹18.24 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
2
Provident fund records
About Balaji Earth Movers (India) Private Limited
Data last updated:
Balaji Earth Movers (India) Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 14 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45200MP2011PTC025574. Its GSTIN is 23AAECB4640E1Z7 (Madhya Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors Vijay Vanave and Satish Vanave.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 256 Vip Paraspar Nagar, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.43 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹28.93 Lakh (net margin -20.2%) and EBITDA of ₹58.1 Lakh (EBITDA margin 40.5%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 50% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.64 Cr and satisfied charges of ₹18.24 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.
Balaji Earth Movers (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0002438). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U45200MP2011PTC025574
Registration Number 025574
Incorporation Date 14 March 2011
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0002438
Key People
Vijay Vanave Director Satish Vanave Director Recognitions & Rankings of Balaji Earth Movers (India)
Contact details
Balaji Earth Movers (India) Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address256 Vip Paraspar Nagar, Indore, Madhya Pradesh, India – 452001
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Balaji Earth Movers (India) Private Limited, buy the company report.
Comprehensive company report
Balaji Earth Movers (India) Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Balaji Earth Movers (India) is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Balaji Earth Movers (India) Private Limited, buy the company report.
Financials of Balaji Earth Movers (India) Private Limited
FY 2025 filings availableBalaji Earth Movers (India) Private Limited reported revenue of ₹1.43 Cr (down 44% YoY) for FY 2025.
Revenue · FY 2025
₹1.43 Cr ▼ 44%
Net loss · FY 2025
₹28.93 Lakh margin -20.2%
EBITDA · FY 2025
₹58.1 Lakh margin 40.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 53%
5 years · compounded
▼ 50%
EBITDA CAGR growth
1 year
▼ 58%
3 years · compounded
▼ 56%
5 years · compounded
▼ 46%
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 44% fall in the latest year. EBITDA fell 58% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹58.1 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹28.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 40.5% | ||||
| Net Profit Margin | -20.2% | ||||
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To see the full financial statements and ratios of Balaji Earth Movers (India) Private Limited, buy the company report.
Board of directors of Balaji Earth Movers (India) Private Limited
Balaji Earth Movers (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Vanave | Director | 14 Mar 2011 | 15 Years 7 Months | Current |
| Satish Vanave | Director | 14 Mar 2011 | 15 Years 7 Months | Current |
Auditor
Balaji Earth Movers (India) Private Limited is audited by M S SINGHATWADIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S SINGHATWADIA & CO | FY 2021 | 113954W |
Shareholding
The shareholding of Balaji Earth Movers (India) Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Balaji Earth Movers (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.64 Cr
Satisfied charges
₹18.24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Feb 2020 | 100332917 | Hdfc Bank Limited | ₹1.16 Cr | Open | |
| 20 Jul 2019 | 100279877 | Others | ₹3.63 Cr | Open | |
| 19 Feb 2019 | 100257555 | Others | ₹6.1 Lakh | Open | |
| 25 Jan 2019 | 100257559 | Others | ₹8.98 Lakh | Open | |
| 28 Sep 2018 | 100211362 | Hdfc Bank Limited | ₹3.06 Cr | Open |
To see the full charge records of Balaji Earth Movers (India) Private Limited, buy the company report.
Total charge records: 38 View all charges
Legal cases
Balaji Earth Movers (India) Private Limited has 3 court cases on record: 3 filed by Balaji Earth Movers (India). All cases are pending.
Total cases
3
Filed by the company
3
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
Cases on record (1 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against Mulchand Bherulal Crushings Pvt. Ltd. and 1 other | Pending |
To see the full case history of Balaji Earth Movers (India) Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balaji Earth Movers (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Balaji Earth Movers (India) Private Limited has a workforce of 2 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Balaji Earth Movers (India) has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECB4640E1Z7 | Madhya Pradesh | Active | 01 Jul 2017 |
| 08AAECB4640E1ZZ | Rajasthan | Active | 25 Jul 2018 |
| 27AAECB4640E1ZZ | Maharashtra | Active | 30 Nov 2018 |
To see the full GST registrations and return filing status of Balaji Earth Movers (India) Private Limited, buy the company report.
Recent activity
Balaji Earth Movers (India) Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Bal Krishnarao Vanave ceased to be Director on 25 Aug 2018.
AGM
Balaji Earth Movers (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Balaji Earth Movers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge registered on 19 Mar 2020 via Charge ID 100333656 with Axis Bank Limited was fully satisfied on 15 Oct 2024.
Charges
A charge registered on 28 Jan 2020 via Charge ID 100318859 with Axis Bank Limited was fully satisfied on 15 Oct 2024.
Charges
A charge registered on 01 Aug 2017 via Charge ID 100116999 with Others was fully satisfied on 20 Dec 2021.
Charges
A charge registered on 20 Jul 2019 via Charge ID 100287583 with Hdfc Bank Limited was fully satisfied on 18 Oct 2021.
Charges
A charge registered on 25 Feb 2019 via Charge ID 100251729 with Others was fully satisfied on 04 Oct 2021.
Charges
A charge registered on 28 Feb 2019 via Charge ID 100251728 with Tata Capital Financial Services Limited was fully satisfied on 26 Aug 2021.
Charges
A charge registered on 29 Sep 2018 via Charge ID 100215846 with Tata Capital Financial Services Limited was fully satisfied on 24 Aug 2021.
Charges
A charge registered on 25 Feb 2015 via Charge ID 10553705 with Bank Of Baroda was fully satisfied on 27 Jul 2020.
Charges
A charge registered on 30 Apr 2018 via Charge ID 100183814 with Tata Capital Financial Services Limited was fully satisfied on 21 Jul 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 44.20 Lakh with Charge ID 100333656 was registered on 19 Mar 2020.
58 earlier events are in the company report.
Frequently asked questions
Balaji Earth Movers (India) is an active private limited company based in Indore, Madhya Pradesh, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 14 March 2011 (15+ years old) and is registered under CIN U45200MP2011PTC025574.
Balaji Earth Movers (India) has 2 current directors:
- Vijay Vanave - Director
- Satish Vanave - Director
The latest financial statements of Balaji Earth Movers (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Balaji Earth Movers (India) is 23AAECB4640E1Z7, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 08AAECB4640E1ZZ (Rajasthan), 27AAECB4640E1ZZ (Maharashtra).
The CIN (Corporate Identification Number) of Balaji Earth Movers (India) is U45200MP2011PTC025574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Earth Movers (India) has 3 court cases on record: 3 filed by the company. 3 are pending.
Balaji Earth Movers (India) was incorporated on 14 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
Bal Krishnarao Vanave ceased to be Director on 25 Aug 2018. Satish Vanave was appointed as Director on 14 Mar 2011. Vijay Vanave was appointed as Director on 14 Mar 2011.
Yes, Balaji Earth Movers (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0002438).
The registered office of Balaji Earth Movers (India) is at 256 Vip Paraspar Nagar, Indore, Madhya Pradesh, India – 452001.