About Balaji Industrial Corporation Limited
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Balaji Industrial Corporation Limited is a public limited company based in Nellore, Andhra Pradesh, India. It operates in the metalworking segment of the metals and mining sector. It was incorporated on 13 March 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP1984PLC015354. Its GSTIN is 37AAACB9055F1ZP (Andhra Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹118 Cr and a paid-up capital of ₹68.78 Cr. It is led by directors including Saravanan Venkatesan and Potireddy Kamalakar Reddy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 330 III Cross Road Central Avenue Magunta Lay Out, Nellore, Andhra Pradesh, India – 524003.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.35 Cr (net margin 73%) and EBITDA of ₹12.08 Cr (EBITDA margin 85.2%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 7% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Balaji Industrial Corporation Limited. As per MCA filings, the company has satisfied charges of ₹138.18 Cr on record. Court records list 37 cases involving the company, including 14 filed by the company and 23 filed against it; 7 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website bicl.info.
Company details
CIN history
Balaji Industrial Corporation has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999AP1984PLC015354, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999AP1984PLC015354 | Current |
| L74999AP1984PLC015354 | Previous |
| L99999AP1984PLC015354 | Previous |
Contact details
Balaji Industrial Corporation Limited's registered office is in Nellore, Andhra Pradesh. Its website is bicl.info. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 330 III Cross Road Central Avenue Magunta Lay Out, Nellore, Andhra Pradesh, India – 524003
- IndustryMetal & Minerals, Metalworking
To see the full contact details of Balaji Industrial Corporation Limited, buy the company report.
- 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
Brands
Balaji Industrial Corporation operates one associated brand: Balaji Industrial Corporation Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial supplies and corporate services are provided by the company in India. | bicl.info |
Business activity
The main business activity of Balaji Industrial Corporation is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
Financials of Balaji Industrial Corporation Limited
FY 2024 filings availableBalaji Industrial Corporation Limited reported revenue of ₹14.18 Cr (up 1170% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years. 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 | ₹12.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.35 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.2% | ||||
| Net Profit Margin | 73% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Balaji Industrial Corporation Limited, buy the company report.
Board of directors of Balaji Industrial Corporation Limited
Balaji Industrial Corporation has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saravanan Venkatesan Also directs: Gautam Overseas LLP, Kruthi Agro Farms Private Limited, Citadal Enterprises Private Limited and 5 more | Director | 11 Aug 2011 | 15 Years 3 Months | Current |
| Potireddy Kamalakar Reddy Also directs: Kruthi Agro Farms Private Limited, Citadal Enterprises Private Limited, Octopus Enterprises Private Limited and 5 more | Director | 20 Oct 2011 | 15 Years 0 Months | Current |
| Sujatha Also directs: Balaji Hotels and Enterprises Limited | Director | 01 Feb 2016 | 10 Years 9 Months | Current |
Peer comparison
Balaji Industrial Corporation Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of electrical equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jynaty Electric Private Limited | ₹14.93 Cr (FY 2024) | 37.0% | Hardwar, Uttarakhand, India | |||
| SV System Engineers Private Limited | ₹14.74 Cr (FY 2025) | 59.0% | Pune, Maharashtra, India | |||
| HMTD Engineering Private Limited | ₹14.67 Cr (FY 2025) | -29.0% | Raigad, Maharashtra, India | |||
| Dumas Electricals Private Limited | ₹14.65 Cr (FY 2024) | 61.0% | Pune, Maharashtra, India | |||
| Champion Electricals Co Private Limited | ₹14.5 Cr (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Balaji Industrial Corporation Limitedthis company | ₹14.18 Cr (FY 2025) | ₹10.35 Cr | 73% | 1170.0% | 16 | Nellore, Andhra Pradesh, India |
| Jay Tanks and Vessels Private Limited | ₹14.16 Cr (FY 2025) | 112.0% | Sinnar, Maharashtra, India | |||
| Feston S.E.V. Private Limited | ₹14.14 Cr (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Vibrenium Microns Private Limited | ₹14 Cr (FY 2025) | 402.0% | Pune, Maharashtra, India | |||
| Quair International Private Limited | ₹13.89 Cr (FY 2025) | 1.0% | Delhi, India | |||
| Batfeed Electrical Solutions Private Limited | ₹13.4 Cr (FY 2025) | 16.0% | Chittoor, Andhra Pradesh, India |
To see the full peer comparison of Balaji Industrial Corporation Limited, buy the company report.
Auditor
Balaji Industrial Corporation Limited is audited by SRISPOORTHI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRISPOORTHI & ASSOCIATES | FY 2023 | 017573S |
Shareholding
The shareholding of Balaji Industrial Corporation Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Balaji Industrial Corporation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2000 | 90261961 | Tamilnad Mercantile Bank Limited | ₹30 Lakh | Satisfied | |
| 10 Aug 2000 | 90261948 | Sundram Finance Limited | ₹57.62 Lakh | Satisfied | |
| 11 Jul 2000 | 90261938 | Global Trust Bank Limited | ₹20 Cr | Satisfied | |
| 10 May 2000 | 90261914 | Sundram Finance Limited | ₹4.71 Cr | Satisfied | |
| 09 Oct 1998 | 90261699 | Icici Bank Limited | ₹6.5 Cr | Satisfied |
To see the full charge records of Balaji Industrial Corporation Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Balaji Industrial Corporation Limited has 37 court cases on record: 14 filed by Balaji Industrial Corporation, 23 filed against it. 7 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 34 | 21 | 6 |
| District courts | 3 | 2 | 1 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Original application | Filed against the company by Oberoi Hotels Pvt.Ltd., and 1 other | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by Oberoi Hotels Pvt.Ltd., and 1 other | Pending |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against Mani and Money Ltd Rep by Its Managing Director S.Subramanian | Disposed |
| High Court, TAMIL NADU | Court case (OSA(CAD)) | Filed against the company by Eih Ltd and 1 other | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Eih Limited and 1 other | Disposed |
To see the full case history of Balaji Industrial Corporation 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 Industrial Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Balaji Industrial Corporation Limited has a workforce of 16 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 16 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Balaji Industrial Corporation Limited, buy the company report.
GST
Balaji Industrial Corporation has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACB9055F1ZP | Andhra Pradesh | Active | 01 Jul 2017 |
| 36AAACB9055F1ZR | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balaji Industrial Corporation Limited, buy the company report.
Recent activity
Balaji Industrial Corporation Limited has 15 board changes on record since 1992: 9 appointments and 6 cessations. The latest: Venkata Naga Raja Reddy Siddhareddy ceased to be Director on 01 Sep 2022.
53 earlier events are in the company report.
Frequently asked questions
Balaji Industrial Corporation is an active public limited company based in Nellore, Andhra Pradesh, India. The company works in metalworking, within the metal and minerals industry. It was incorporated on 13 March 1984 (42+ years old) and is registered under CIN U74999AP1984PLC015354.
Balaji Industrial Corporation has 3 current directors:
- Saravanan Venkatesan - Director
- Potireddy Kamalakar Reddy - Director
- Sujatha - Director
The latest financial statements of Balaji Industrial Corporation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Balaji Industrial Corporation is 37AAACB9055F1ZP, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAACB9055F1ZR (Telangana).
The CIN (Corporate Identification Number) of Balaji Industrial Corporation is U74999AP1984PLC015354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Industrial Corporation has 37 court cases on record: 14 filed by the company and 23 filed against it. 7 are pending. Most are in the high courts.
Balaji Industrial Corporation was incorporated on 13 March 1984, making it 42+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Balaji Industrial Corporation by revenue are Jynaty Electric Private Limited, SV System Engineers Private Limited, HMTD Engineering Private Limited, Dumas Electricals Private Limited, Champion Electricals Co Private Limited and 5 more, all in the same principal business activity (manufacture of electrical equipment).
Venkata Naga Raja Reddy Siddhareddy ceased to be Director on 01 Sep 2022. Sujatha was appointed as Director on 01 Feb 2016. Srinivasulu Reddy Magunta ceased to be Director on 10 May 2013. Balaji Industrial Corporation has 15 board changes on record in total.
Balaji Industrial Corporation can be reached through the website bicl.info. Its registered office is in Nellore, Andhra Pradesh, India.
The registered office of Balaji Industrial Corporation is at Plot No. 330 III Cross Road Central Avenue Magunta Lay Out, Nellore, Andhra Pradesh, India – 524003.
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