About Ballarpur Industries Limited
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Ballarpur Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the office and school supplies segment of the education sector. It was incorporated on 26 April 1945 and has been in existence for over 81 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L21010MH1945PLC010337. Its GSTIN is 27AAACB5343E1Z1 (Maharashtra). The company holds 27 GST registrations, of which 4 are active. It is recorded as listed by MCA, but trading in its shares on BSE (500102) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹400 Cr and a paid-up capital of ₹163 Cr. It was formerly known as The Ballarpur Straw Board Mills Limited and Ballarpur Straw Board Mills Limited. It is led by directors including Hardik Bharat Patel (Whole-Time Director) and Shweta Jayant Jain.
Its last annual general meeting (AGM) was held on 11 May 2026, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.63 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹246.92 Cr and EBITDA of -₹42.3 Cr (EBITDA margin -205%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 45% over five years.
The company has about 26 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries and 1 joint venture.
The company is associated with 1 brand: Bilt. As per MCA filings, the company has open charges of ₹4,409.75 Cr and satisfied charges of ₹4,447.13 Cr on record. Court records list 447 cases involving the company, including 253 filed by the company and 196 filed against it; 67 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bilt.com.
Company details
Name history
Ballarpur Industries has undergone 3 name changes throughout its history. The company was previously known as The Ballarpur Straw Board Mills Limited, Ballarpur Straw Board Mills Limited, and The Ballarpur Paper & Straw Board Mills Limited. The current legal name is Ballarpur Industries Limited.
| Company Name | Status |
|---|---|
| Ballarpur Industries Limited | Current |
| The Ballarpur Straw Board Mills Limited | Previous |
| Ballarpur Straw Board Mills Limited | Previous |
| The Ballarpur Paper & Straw Board Mills Limited | Previous |
Contact details
Ballarpur Industries Limited's registered office is in Mumbai, Maharashtra. Its website is bilt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address602 Boston House 6th Floor, Suren Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryEducation, Office & School Supplies
To see the full contact details of Ballarpur Industries 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 Ballarpur Industries is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Ballarpur Industries Limited, buy the company report.
Financials of Ballarpur Industries Limited
FY 2025 filings availableBallarpur Industries Limited reported revenue of ₹20.63 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 45%. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹20.63 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹42.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹246.92 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -205% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ballarpur Industries Limited, buy the company report.
Board of directors of Ballarpur Industries Limited
Ballarpur Industries has 6 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Jayant Jain Also directs: Shweta Jain & Co LLP, Jayant Agro-Organics Limited, Ihsedu Agrochem Private Limited and 2 more | Director | 11 Nov 2025 | 0 Years 11 Months | Current |
| Alok Prakash | Director | 07 Aug 2025 | 1 Years 2 Months | Current |
| Panchapakesan Swaminathan Also directs: Digjam Limited | Director | 31 Jul 2024 | 2 Years 2 Months | Current |
| Kulandaipaian Thangaraju | Director | 31 Jul 2024 | 2 Years 2 Months | Current |
| Parashiva Murthy B S Also directs: Jungbusch Ales India Private Limited, Genesis Resorts Private Limited, Amartaru Hospitality Private Limited and 2 more | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
| Hardik Bharat Patel Also directs: Genesis Resorts Private Limited, Finquest Financial Solutions Private Limited, Digjam Limited and 5 more | Whole-Time Director | 12 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Ballarpur Industries Limited is compared with the 7 companies closest to it by revenue in the Education industry (Office and School Supplies, Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Balaji Malts Private Limited | ₹5,034.19 Cr (FY 2025) | -19.0% | Maddur, Karnataka, India | |||
| Tamilnadu Newsprint & Papers Limited | ₹4,588.31 Cr (FY 2025) | -4.0% | Chennai, Tamil Nadu, India | |||
| West Coast Paper Mills Limited | ₹4,272.8 Cr (FY 2025) | -7.0% | Dandeli, Karnataka, India | |||
| Bilt Graphic Paper Products Limited | ₹3,893.21 Cr (FY 2025) | -12.0% | Chandrapur, Maharashtra, India | |||
| Khanna Paper Mills Limited | ₹2,183.84 Cr (FY 2024) | -36.0% | Gurgaon, Haryana, India | |||
| Emami Paper Mills Limited | ₹1,932.5 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Seshasayee Paper and Boards Limited | ₹1,822.98 Cr (FY 2025) | -2.0% | Erode, Tamil Nadu, India | |||
| Ballarpur Industries Limitedthis company | ₹20.63 Cr (FY 2025) | -₹246.92 Cr | 11.0% | 26 | Mumbai, Maharashtra, India |
To see the full peer comparison of Ballarpur Industries Limited, buy the company report.
Auditor
Ballarpur Industries Limited is audited by Sharp & Tannan for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sharp & Tannan | FY 2019 | 003792S |
Shareholding
The shareholding of Ballarpur Industries Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ballarpur Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2024 | 101095221 | Others | ₹300.13 Cr | Open | |
| 01 Aug 2024 | 101012614 | Others | ₹26.12 Cr | Open | |
| 28 Sep 2016 | 100051760 | Others | ₹470 Cr | Open | |
| 22 Jun 2016 | 100041510 | Others | ₹250 Cr | Open | |
| 30 Mar 2016 | 100036839 | Others | ₹150 Cr | Open |
To see the full charge records of Ballarpur Industries Limited, buy the company report.
Total charge records: 195 View all charges
Legal cases
Ballarpur Industries Limited has 447 court cases on record: 253 filed by Ballarpur Industries, 196 filed against it. 67 cases are pending and 380 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 203 | 108 | 37 |
| High courts | 175 | 43 | 22 |
| Supreme Court | 60 | 36 | 7 |
| NCLAT | 8 | 8 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 447)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0902-Civil Law : Execution of decrees, matters arising out of Order XXI, of the Code of Civil Procedure, 1908) | Filed against the company by individuals | Disposed |
| Supreme Court | Court case (0903-Civil Law : Partnership Act, the Sales of Goods Act, 1930, Contract Act, 1872) | Filed by the company against The Government of Andhra Pradesh and 1 other | Disposed |
| Supreme Court | Court case (0304-Arbitration Law and Other Alternative Dispute Resolution : Challenge to arbitral award, matters relating to execution under Section 36, under Section 34/Section 37 of the Arbitration & Conciliation Act, 1996 and challenges to arbitral award under Arbitration Act, 1940) | Filed by the company against individuals | Pending |
| Supreme Court | Court case (25P-Insolvency Laws and Insolvency and Bankruptcy Code, 2016) | Filed by the company against individuals | Disposed |
| High Court, HARYANA | Revision petition | Filed against the company by Ballarpur Industries Ltd. and 1 other | Pending |
To see the full case history of Ballarpur Industries 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.
Credit ratings & regulatory alerts
Ballarpur Industries Limited was last rated by Acuite on 17 Aug 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 17 Aug 2026 |
To see the full credit ratings and regulatory alerts of Ballarpur Industries Limited, buy the company report.
MSME payment delays
Ballarpur Industries Limited has 18 MSME Form 1 returns on record between 2015 and 2020, listing 946 overdue payments to 40 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 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Amazon Papyrus Chemicals Private Limited | |||
| an individual supplier | |||
| Rolon Seals | |||
| an individual supplier | |||
| Entellus Security and Allied Services Private Limited |
To see the full MSME payment records of Ballarpur Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ballarpur Industries has 2 subsidiary companies and 1 joint venture. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bilt Graphic Paper Products Limited | U21000MH2007PLC172382 | |
| Avantha Agritech Limited | U36999DL1989PLC034942 |
To see the full group structure of Ballarpur Industries Limited, buy the company report.
Employees & EPFO
Ballarpur Industries Limited has a workforce of 26 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Ballarpur Industries has 27 GST registrations: 4 active and 23 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB5343E1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACB5343E2Z0 | Maharashtra | Active | 01 Jun 2025 |
| 06AAACB5343E1Z5 | Haryana | Active | 01 Jul 2017 |
| 36AAACB5343E2Z1 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ballarpur Industries Limited, buy the company report.
Recent activity
Ballarpur Industries Limited has 72 board changes on record since 1989: 39 appointments and 33 cessations. The latest: Shweta Jayant Jain was appointed as Director on 11 Nov 2025.
493 earlier events are in the company report.
News
Frequently asked questions
Ballarpur Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in office and school supplies, within the education industry. It was incorporated on 26 April 1945 (81+ years old) and is registered under CIN L21010MH1945PLC010337.
Ballarpur Industries has 6 current directors:
- Hardik Bharat Patel - Whole-Time Director
- Shweta Jayant Jain - Director
- Alok Prakash - Director
- Panchapakesan Swaminathan - Director
- Kulandaipaian Thangaraju - Director
- Parashiva Murthy B S - Director
The latest financial statements of Ballarpur Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 May 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Ballarpur Industries is 27AAACB5343E1Z1, registered in Maharashtra. The company has 27 GST registrations in all, of which 4 are active and 23 are cancelled or inactive. Other active GSTINs include 27AAACB5343E2Z0 (Maharashtra), 06AAACB5343E1Z5 (Haryana), 36AAACB5343E2Z1 (Telangana).
The CIN (Corporate Identification Number) of Ballarpur Industries is L21010MH1945PLC010337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ballarpur Industries is recorded as a listed company by MCA, but trading in its shares on BSE (500102) has been suspended, so they do not currently trade on a stock exchange.
Ballarpur Industries has 447 court cases on record: 253 filed by the company and 196 filed against it. 67 are pending. Most are in the district courts.
Ballarpur Industries was incorporated on 26 April 1945, making it 81+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ballarpur Industries by revenue are Balaji Malts Private Limited, Tamilnadu Newsprint & Papers Limited, West Coast Paper Mills Limited, Bilt Graphic Paper Products Limited, Khanna Paper Mills Limited and 2 more, all in the Education industry (Office and School Supplies, Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Shweta Jayant Jain was appointed as Director on 11 Nov 2025. Alok Prakash was appointed as Director on 07 Aug 2025. Yeddala Kesava Reddy ceased to be Whole-Time Director on 31 Jul 2025. Ballarpur Industries has 72 board changes on record in total.
Ballarpur Industries has 18 MSME Form 1 returns on record between 2015 and 2020, listing 946 overdue payments to 40 micro and small suppliers. The latest return was filed on 11 Jun 2020.
Ballarpur Industries can be reached through the website bilt.com. Its registered office is in Mumbai, Maharashtra, India.