About Bansari Composites Private Limited
Data last updated:
Bansari Composites Private Limited is a private limited company based in Perlad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 09 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2014PTC081471. Its GSTIN is 24AAGCB1418A1ZH (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Heena Mrugesh Patel and Mital Pathik Patel.
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 Perlad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.69 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹92,730 (net margin 0.6%) and EBITDA of ₹8.35 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹2.44 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bansaricomposites.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No. 740, Anand Petlad Road, Perlad, Gujarat, India – 388130
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Bansari Composites Private Limited
The main business activity of Bansari Composites is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bansari Composites Private Limited FY 2025 filings available
Bansari Composites Private Limited reported revenue of ₹1.69 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bansari Composites Private Limited
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 27% 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 of Bansari Composites Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹92,730 | •••• | •••• | •••• | •••• |
| 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 of Bansari Composites Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bansari Composites are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Bansari Composites Private Limited
Bansari Composites Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mass Weigh Systems Private Limited | ₹1.7 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Dombivli, Maharashtra, India |
| Perini Machinery Private Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Ahmedabad, Gujarat, India |
| Parihar Bntsisskaru Venti Private Limited | ₹1.69 Cr (FY 2023) | •••• | •••• | 182.0% | •••• | Surat, Gujarat, India |
| Armatec-Fts India Private Limited | ₹1.69 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Hyderabad, Telangana, India |
| Emvee Engineers Private Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Ahmedabad, Gujarat, India |
| Bansari Composites Private Limited this company | ₹1.69 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Perlad, Gujarat, India |
| Isha Texmach India Private Limited | ₹1.68 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Gurgaon, Haryana, India |
| Excel Rapidtech Private Limited | ₹1.68 Cr (FY 2025) | •••• | •••• | 1718.0% | •••• | Kolkata, West Bengal, India |
| Premium Vijimech Pvt Ltd | ₹1.68 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Ahmedabad, Gujarat, India |
| Bhavani Enviro Technologies Private Limited | ₹1.68 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Dombivli East, Maharashtra, India |
| Earthfield Insulation Private Limited | ₹1.68 Cr (FY 2025) | •••• | •••• | -66.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bansari Composites by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bansari Composites Private Limited
Bansari Composites Private Limited is audited by N J THAKKER & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N J THAKKER & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bansari Composites Private Limited
Bansari Composites has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Heena Mrugesh Patel | Director | 09 Dec 2014 | 11 Years 10 Months | Current |
| Mital Pathik Patel | Director | 09 Dec 2014 | 11 Years 10 Months | Current |
| Mrugeshkumar Dineshkumar Patel | Director | 09 Dec 2014 | 11 Years 10 Months | Current |
| Pathik Bhupendrabhai Patel | Director | 09 Dec 2014 | 11 Years 10 Months | Current |
Ownership and Shareholding of Bansari Composites Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bansari Composites Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Dec 2024 | Others | ₹1.22 Cr | Open |
| 30 Nov 2024 | Others | ₹1.22 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Bansari Composites Private Limited
Employment history and EPFO contributions of people linked to Bansari Composites.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bansari Composites Private Limited
Bansari Composites Private Limited has 6 board changes on record since 2014: 4 appointments and 2 cessations. The latest: Ritaben Swapnil Patel ceased to be Director on 01 Jun 2017.
Credit Ratings, Litigation & Regulatory Alerts for Bansari Composites Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bansari Composites Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bansari Composites Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bansari Composites Private Limited
Bansari Composites has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCB1418A1ZH | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bansari Composites Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bansari Composites Private Limited
Bansari Composites is an active private limited company based in Perlad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 09 December 2014 (12+ years old) and is registered under CIN U24100GJ2014PTC081471.
Bansari Composites reported revenue of ₹1.69 Cr for FY 2025 (down 16% YoY).
Bansari Composites has 4 current directors:
- Heena Mrugesh Patel - Director
- Mital Pathik Patel - Director
- Mrugeshkumar Dineshkumar Patel - Director
- Pathik Bhupendrabhai Patel - Director
Bansari Composites reported a net profit of ₹92,730 (net margin 0.6%) and EBITDA of ₹8.35 Lakh (EBITDA margin 5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bansari Composites is -5% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bansari Composites is 24AAGCB1418A1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Bansari Composites is U24100GJ2014PTC081471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bansari Composites was incorporated on 09 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bansari Composites by revenue are Mass Weigh Systems Private Limited, Perini Machinery Private Limited, Parihar Bntsisskaru Venti Private Limited, Armatec-Fts India Private Limited, Emvee Engineers Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Ritaben Swapnil Patel ceased to be Director on 01 Jun 2017. Swapnilkumar Chimanbhai Patel ceased to be Director on 01 Jun 2017. Heena Mrugesh Patel was appointed as Director on 09 Dec 2014. Bansari Composites has 6 board changes on record in total.
Bansari Composites can be reached through the website bansaricomposites.in. Its registered office is in Perlad, Gujarat, India.