Balwan Agro Industries Private Limited

Balwan Agro Industries Private Limited - machinery and equipment in Surendranagar, Gujarat, India. FY 2026 financials & compliance.
CIN U29190GJ2016PTC092089 Incorporated 20 May 2016 ROC Ahmedabad HQ Surendranagar, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2022
₹18.37 Cr
▲ 30% YoY
Net profit · FY 2022
₹38.65 Lakh
Net margin 2.1%
EBITDA · FY 2022
₹1.92 Cr
EBITDA margin 10.4%
Authorised capital
₹2.16 Cr
Registered with MCA
Paid-up capital
₹2.08 Cr
Issued & subscribed
Open charges
₹14.52 Cr
Satisfied ₹6.05 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
29
Provident fund records

About Balwan Agro Industries Private Limited

Data last updated:

Balwan Agro Industries Private Limited is a private limited company based in Surendranagar, Gujarat, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 20 May 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29190GJ2016PTC092089. Its GSTIN is 24AAGCB7289P1ZX (Gujarat).

The company has an authorised share capital of ₹2.16 Cr and a paid-up capital of ₹2.08 Cr. It is led by directors Rameshbhai Karamshibhai Sonagara and Rasikbhai Mansukbhai Sonagra.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Revenue Survey No. 1649/1 Nr. Gopi Hotel N.H. No 8A Taluko Sayla, Surendranagar, Gujarat, India – 363430.

As per the financials filed for FY 2022, the company reported a revenue of ₹18.37 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹38.65 Lakh (net margin 2.1%) and EBITDA of ₹1.92 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 52% over five years.

The company has about 29 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹14.52 Cr and satisfied charges of ₹6.05 Cr on record. Court records list 32 cases involving the company, including 2 filed by the company and 30 filed against it; 23 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.03 Cr; the latest was in March 2020.

Balwan Agro Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-23-0005995). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balwanrotavator.com.

Company details

CIN U29190GJ2016PTC092089
Registration Number 092089
Incorporation Date 20 May 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-23-0005995
Key People
Rameshbhai Karamshibhai Sonagara Director Rasikbhai Mansukbhai Sonagra Director

Recognitions & Rankings of Balwan Agro Industries

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-GJ-23-0005995

Contact details

Balwan Agro Industries Private Limited's registered office is in Surendranagar, Gujarat. Its website is balwanrotavator.com. Its e-mail address is in the company report.

  • Email
  • Website
    balwanrotavator.com
  • Registered Address
    Revenue Survey No. 1649/1 Nr. Gopi Hotel N.H. No 8A Taluko Sayla, Surendranagar, Gujarat, India – 363430
  • Industry
    Machinery and Equipment, Industrial Machinery Retail & Distribution

To see the full contact details of Balwan Agro Industries Private Limited, buy the company report.

Comprehensive company report
Balwan Agro Industries 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
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Business activity

The main business activity of Balwan Agro Industries is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Balwan Agro Industries Private Limited, buy the company report.

Financials of Balwan Agro Industries Private Limited

FY 2022 filings available

Balwan Agro Industries Private Limited reported revenue of ₹18.37 Cr (up 30% YoY) for FY 2022.

Revenue · FY 2022
₹18.37 Cr ▲ 30%
Net profit · FY 2022
₹38.65 Lakh margin 2.1%
EBITDA · FY 2022
₹1.92 Cr margin 10.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 38%
5 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 35%
5 years · compounded
▲ 60%

Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 30% growth in the latest year. EBITDA rose 20% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹18.37 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.92 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹38.65 Lakh
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin10.4%
Net Profit Margin2.1%
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 Balwan Agro Industries Private Limited, buy the company report.

Board of directors of Balwan Agro Industries Private Limited

Balwan Agro Industries has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rameshbhai Karamshibhai SonagaraDirector20 May 201610 Years 5 MonthsCurrent
Rasikbhai Mansukbhai SonagraDirector20 May 201610 Years 5 MonthsCurrent
View all directors

Auditor

Balwan Agro Industries Private Limited is audited by KESHRI & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
KESHRI & ASSOCIATESFY 2021310006E

Shareholding

The shareholding of Balwan Agro Industries 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 categoryFY 2021FY 2020FY 2019FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Balwan Agro Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹14.52 Cr
Satisfied charges
₹6.05 Cr
Breakdown by lending institutions
Others₹7.43 Cr
Axis Bank Limited₹7.05 Cr
Hdfc Bank Limited₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Jul 2022100644616Hdfc Bank Limited₹4.65 LakhOpen
08 Apr 2022100592702Axis Bank Limited₹17 LakhOpen
08 Apr 2022100592703Axis Bank Limited₹92 LakhOpen
08 Apr 2022100592706Axis Bank Limited₹4 CrOpen
08 Apr 2022100592709Axis Bank Limited₹1.3 CrOpen

To see the full charge records of Balwan Agro Industries Private Limited, buy the company report.

Total charge records: 14 View all charges

Deals & funding

Balwan Agro Industries Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.03 Cr; the latest was in March 2020.

Total deals
2
Funding rounds
2
Disclosed funding
₹3.03 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2020Funding round₹1.27 CrInvestors: 4 individuals
Sep 2016Funding round₹1.76 CrInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Balwan Agro Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Balwan Agro Industries Private Limited has a workforce of 29 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.

Employee count
29
Active EPFO establishments
1
Employee growth
-30.95%

GST

Balwan Agro Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAGCB7289P1ZXGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Balwan Agro Industries Private Limited, buy the company report.

Recent activity

Balwan Agro Industries Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Jayeshbhai Mavjibhai Sonagara ceased to be Director on 31 Dec 2023.

Ceased
Jayeshbhai Mavjibhai Sonagara ceased to be Director.
Ceased
Rajeshbhai Manjibhai Jadav ceased to be Director.
AGM
Balwan Agro Industries Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100644616 was registered on 26 Jul 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100592702 was registered on 08 Apr 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.92 Cr with Charge ID 100592703 was registered on 08 Apr 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100592706 was registered on 08 Apr 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.30 Cr with Charge ID 100592709 was registered on 08 Apr 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.66 Cr with Charge ID 100592715 was registered on 08 Apr 2022.
Filing
Balwan Agro Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100580109 was registered on 25 Feb 2022.
Charges
A charge registered on 22 Sep 2016 via Charge ID 100053722 with Sidbi was fully satisfied on 16 Sep 2021.

11 earlier events are in the company report.

Frequently asked questions

Balwan Agro Industries is an active private limited company based in Surendranagar, Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 20 May 2016 (10+ years old) and is registered under CIN U29190GJ2016PTC092089.

Balwan Agro Industries has 2 current directors:

The latest financial statements of Balwan Agro Industries on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Balwan Agro Industries is 24AAGCB7289P1ZX, registered in Gujarat.

The CIN (Corporate Identification Number) of Balwan Agro Industries is U29190GJ2016PTC092089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Balwan Agro Industries has 32 court cases on record: 2 filed by the company and 30 filed against it. 23 are pending.

Balwan Agro Industries was incorporated on 20 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Balwan Agro Industries has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.03 Cr; the latest was in March 2020.

Jayeshbhai Mavjibhai Sonagara ceased to be Director on 31 Dec 2023. Rajeshbhai Manjibhai Jadav ceased to be Director on 10 Apr 2023. Rameshbhai Karamshibhai Sonagara was appointed as Director on 20 May 2016. Balwan Agro Industries has 4 board changes on record in total.

Yes, Balwan Agro Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-23-0005995).