- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-04-0006016

Balaram Cements Limited
About Balaram Cements Limited
Data last updated:
Balaram Cements Limited is a public limited company based in Pin, Gujarat, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 13 February 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26941GJ1985PLC007644. Its GSTIN is 24AABCB5259Q1ZA (Gujarat).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹5.54 Cr. It is led by directors including Sukhdev Khetdanji Gadhavi (Managing Director) and Hiralben Chiragkumar Gadhvi.
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 Village – Dhanpura Post. Sarotra Ta. Palanpur, Pin, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.94 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹20.57 Lakh (net margin 0.8%) and EBITDA of ₹77.25 Lakh (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 3% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹13.35 Cr on record. Court records list 27 cases involving the company, including 12 filed by the company and 16 filed against it.
Balaram Cements Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-04-0006016). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Balaram Cements has one previous CIN (Corporate Identification Number): L26941GJ1985PLC007644. The current CIN is U26941GJ1985PLC007644, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26941GJ1985PLC007644 | Current |
| L26941GJ1985PLC007644 | Previous |
Recognitions & Rankings of Balaram Cements
Contact details
Balaram Cements Limited's registered office is in Pin, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVillage – Dhanpura Post. Sarotra Ta. Palanpur, Pin, Gujarat, India
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Balaram Cements 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
Business activity
The main business activity of Balaram Cements is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Balaram Cements Limited, buy the company report.
Financials of Balaram Cements Limited
FY 2025 filings availableBalaram Cements Limited reported revenue of ₹25.94 Cr (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 28% fall in the latest year. EBITDA fell 1% 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 | ₹77.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.57 Lakh | ||||
| Balance Sheet | |||||
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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 | 3% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Balaram Cements Limited, buy the company report.
Board of directors of Balaram Cements Limited
Balaram Cements has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiralben Chiragkumar Gadhvi | Director | 24 May 2020 | 6 Years 5 Months | Current |
| Chirag Sukhdev Gadhvi | Director | 22 Jan 2018 | 8 Years 9 Months | Current |
| Sukhdev Khetdanji Gadhavi Also directs: Chirag Lease and Finance Limited | Managing Director | 15 Nov 2005 | 20 Years 11 Months | Current |
Peer comparison
Balaram Cements Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JKM Infracon Private Limited | ₹26.6 Cr (FY 2024) | -25.0% | New Delhi, Delhi, India | |||
| Bilaspur Ceramics Private Limited | ₹26.47 Cr (FY 2024) | 21.0% | Bilaspur, Chhattisgarh, India | |||
| SBJ Concrete Buildcon Private Limited | ₹26.44 Cr (FY 2024) | 371.0% | Gurgaon, Haryana, India | |||
| Balaram Cements Limitedthis company | ₹25.94 Cr (FY 2025) | ₹20.57 Lakh | 0.8% | -28.0% | 11 | Pin, Gujarat, India |
To see the full peer comparison of Balaram Cements Limited, buy the company report.
Auditor
Balaram Cements Limited is audited by Shah Thacker & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Thacker & Co | FY 2022 | 129967W |
Shareholding
The shareholding of Balaram Cements Limited is on record for 5 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Balaram Cements Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 1989 | 80023803 | Idbi | ₹75 Lakh | Satisfied | |
| 24 Oct 1989 | 80023805 | Ifci | ₹36 Lakh | Satisfied | |
| 24 Oct 1989 | 90102906 | The Industrial Credit and Invesment Corportion of India | ₹36 Lakh | Satisfied | |
| 03 Aug 1988 | 90102895 | The Industrial Credit and Investment Corpotion of India | ₹17.5 Lakh | Satisfied | |
| 07 Apr 1988 | 80023799 | Idbi | ₹1.24 Cr | Satisfied |
To see the full charge records of Balaram Cements Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Balaram Cements Limited has 27 court cases on record: 12 filed by Balaram Cements, 16 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 11 | 0 |
| District courts | 4 | 3 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed against the company by Kotak Mahindra Bank Ltd Executive Vice President Executive Vice President Dani Corporate Park, 7Th Floor, 158, CST Road, Kalina, Santacruz (E) ,Mumbai , Maharashtra | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against M/S Kotak Mahindra Bank Limited and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Balaram Cements 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
Balaram Cements Limited has 5 MSME Form 1 returns on record between 2018 and 2022, listing 20 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Anish Metacast Private Limited | |||
| Shah Thacker & Co. | |||
| V.K. Jindal & Co. | |||
| an individual supplier | |||
| Shree Ambica Traders |
To see the full MSME payment records of Balaram Cements Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Balaram Cements Limited has a workforce of 11 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Balaram Cements has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCB5259Q1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balaram Cements Limited, buy the company report.
Recent activity
Balaram Cements Limited has 8 board changes on record since 2005: 4 appointments and 4 cessations. The latest: Vimlaben Sukhdev Gadhvi ceased to be Director on 19 Apr 2025.
32 earlier events are in the company report.
Frequently asked questions
Balaram Cements is an active public limited company based in Pin, Gujarat, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 13 February 1985 (41+ years old) and is registered under CIN U26941GJ1985PLC007644.
Balaram Cements has 3 current directors:
- Sukhdev Khetdanji Gadhavi - Managing Director
- Hiralben Chiragkumar Gadhvi - Director
- Chirag Sukhdev Gadhvi - Director
The latest financial statements of Balaram Cements 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 Balaram Cements is 24AABCB5259Q1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Balaram Cements is U26941GJ1985PLC007644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaram Cements has 27 court cases on record: 12 filed by the company and 16 filed against it. Most are in the high courts.
Balaram Cements was incorporated on 13 February 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Balaram Cements by revenue are JKM Infracon Private Limited, Bilaspur Ceramics Private Limited, SBJ Concrete Buildcon Private Limited, all in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Vimlaben Sukhdev Gadhvi ceased to be Director on 19 Apr 2025. Hiralben Chiragkumar Gadhvi ceased to be Additional Director on 31 Dec 2020. Hiralben Chiragkumar Gadhvi was appointed as Director on 24 May 2020. Balaram Cements has 8 board changes on record in total.
Yes, Balaram Cements is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-04-0006016).
Balaram Cements has 5 MSME Form 1 returns on record between 2018 and 2022, listing 20 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Apr 2022.
The registered office of Balaram Cements is at Village – Dhanpura Post. Sarotra Ta. Palanpur, Pin, Gujarat, India.

