Banaras Engineering Company Private Limited

Banaras Engineering Company Private Limited - transport and logistics in Varanasi, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U29299UP2002PTC026551 Incorporated 26 March 2002 ROC Kanpur HQ Varanasi, Uttar Pradesh, India
Active Private Limited Company transport and logistics MSME
Data last updated
Revenue · FY 2024
₹15.19 Cr
▲ 27% YoY
Net profit · FY 2024
₹17.01 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹87.72 Lakh
EBITDA margin 5.8%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹2.01 Cr
Issued & subscribed
Open charges
₹5.21 Cr
Secured borrowings
Company age
24 yrs
Est. 2002
Employees · EPFO
23
Provident fund records

About Banaras Engineering Company Private Limited

Data last updated:

Banaras Engineering Company Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India. It operates in the railway equipment and supply segment of the transport and logistics sector. It was incorporated on 26 March 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U29299UP2002PTC026551. Its GSTIN is 09AACCB5563E1ZR (Uttar Pradesh).

The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.01 Cr. It was formerly known as Banaras Engineeering Company Private Limited. It is led by directors including Rajendra Prasad Gupta (Managing Director) and Ruchir Gupta.

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 S – 10/8 Maqbool Alam Road Varanasi, Uttar Pradesh, India – 221002.

As per the financials filed for FY 2024, the company reported a revenue of ₹15.19 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹17.01 Lakh (net margin 1.1%) and EBITDA of ₹87.72 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 88% over three years and 11% over five years.

The company has about 23 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹5.21 Cr on record.

Banaras Engineering Company Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-75-0002762). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29299UP2002PTC026551
Registration Number 026551
Incorporation Date 26 March 2002
ROC Kanpur
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 MSME
Udyam Registration UDYAM-UP-75-0002762

Recognitions & Rankings of Banaras Engineering Company

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-UP-75-0002762

Contact details

Banaras Engineering Company Private Limited's registered office is in Varanasi, Uttar Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    S – 10/8 Maqbool Alam Road Varanasi, Uttar Pradesh, India – 221002
  • Industry
    Transport and Logistics, Railway Equipment & Supply

To see the full contact details of Banaras Engineering Company Private Limited, buy the company report.

Comprehensive company report
Banaras Engineering Company 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 Banaras Engineering Company is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Banaras Engineering Company Private Limited, buy the company report.

Financials of Banaras Engineering Company Private Limited

FY 2025 filings available

Banaras Engineering Company Private Limited reported revenue of ₹15.19 Cr (up 27% YoY) for FY 2024.

Revenue · FY 2024
₹15.19 Cr ▲ 27%
Net profit · FY 2024
₹17.01 Lakh margin 1.1%
EBITDA · FY 2024
₹87.72 Lakh margin 5.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 88%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 60%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 27% growth in the latest year. EBITDA rose 34% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹87.72 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹17.01 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.8%
Net Profit Margin1.1%
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 Banaras Engineering Company Private Limited, buy the company report.

Board of directors of Banaras Engineering Company Private Limited

Banaras Engineering Company has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ruchir GuptaDirector26 Mar 200224 Years 7 MonthsCurrent
Rajendra Prasad GuptaManaging Director26 Mar 200224 Years 7 MonthsCurrent
Vinod Kumar JaiswalDirector26 Mar 200224 Years 7 MonthsCurrent

Auditor

Banaras Engineering Company Private Limited is audited by JAMIL AHMAD & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
JAMIL AHMAD & CO.FY 2023002095C

Shareholding

The shareholding of Banaras Engineering Company Private 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 categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Banaras Engineering Company Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.21 Cr
Satisfied charges
None
Breakdown by lending institutions
Indian Overseas Bank₹5.07 Cr
Hdfc Bank Limited₹0.15 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Jun 2025101138099Hdfc Bank Limited₹14.5 LakhOpen
07 Jul 2023100754786Indian Overseas Bank₹16.9 LakhOpen
30 Jul 2022100623378Indian Overseas Bank₹4 CrOpen
01 Jan 200910138955Indian Overseas Bank₹90 LakhOpen

To see the full charge records of Banaras Engineering Company Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

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

Employees & EPFO

Banaras Engineering Company Private Limited has a workforce of 23 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
23
Active EPFO establishments
1
Employee growth
-4.17%

GST

Banaras Engineering Company has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AACCB5563E1ZRUttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Banaras Engineering Company Private Limited, buy the company report.

Recent activity

Banaras Engineering Company Private Limited has 3 board changes on record since 2002: 3 appointments. The latest: Rajendra Prasad Gupta was appointed as Managing Director on 26 Mar 2002.

AGM
Banaras Engineering Company Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 101138099 was registered on 26 Jun 2025.
Filing
Banaras Engineering Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge with Indian Overseas Bank of Rs. 4.00 Cr registered on 30 Jul 2022 with Charge ID 100623378 was modified on 22 Aug 2024.
Charges
A charge with Indian Overseas Bank amounted to Rs. 0.17 Cr with Charge ID 100754786 was registered on 07 Jul 2023.
Charges
A charge with Indian Overseas Bank amounted to Rs. 4.00 Cr with Charge ID 100623378 was registered on 30 Jul 2022.
Charges
A charge with Indian Overseas Bank of Rs. 0.90 Cr registered on 01 Jan 2009 with Charge ID 10138955 was modified on 22 Jun 2012.
Charges
A charge with Indian Overseas Bank amounted to Rs. 0.90 Cr with Charge ID 10138955 was registered on 01 Jan 2009.
Appointed
Rajendra Prasad Gupta was appointed as Managing Director.
Appointed
Ruchir Gupta was appointed as Director.
Appointed
Vinod Kumar Jaiswal was appointed as Director.
Incorporation
26 Mar 2002
Banaras Engineering Company Private Limited was registered on 26 Mar 2002 with Roc Kanpur & aged 24 years 7 months as per MCA records.

Frequently asked questions

Banaras Engineering Company is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in railway equipment and supply, within the transport and logistics industry. It was incorporated on 26 March 2002 (24+ years old) and is registered under CIN U29299UP2002PTC026551.

Banaras Engineering Company has 3 current directors:

The latest financial statements of Banaras Engineering Company 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 Banaras Engineering Company is 09AACCB5563E1ZR, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Banaras Engineering Company is U29299UP2002PTC026551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Banaras Engineering Company was incorporated on 26 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kanpur.

Rajendra Prasad Gupta was appointed as Managing Director on 26 Mar 2002. Ruchir Gupta was appointed as Director on 26 Mar 2002. Vinod Kumar Jaiswal was appointed as Director on 26 Mar 2002.

Yes, Banaras Engineering Company is registered as an MSME under Udyam registration (number: UDYAM-UP-75-0002762).

The registered office of Banaras Engineering Company is at S – 108 Maqbool Alam Road Varanasi, Uttar Pradesh, India – 221002.

Banaras Engineering Company operates in the transport and logistics industry, in the railway equipment and supply segment.