About Baxy Limited
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Baxy Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Continental Engines Private Limited. It operates in the engineering sector. It was incorporated on 21 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U34100DL2015PLC279347. Its GSTIN is 05AAGCB9029H1ZO (Uttarakhand). The company holds 10 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.81 Cr. It is led by directors including Shiv Bakshi (Managing Director) and Sankaraiah Rajagopal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No. A – 21 9 Prithvi Raj Road, New Delhi, Delhi, India – 110003.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,075.03 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.31 Cr (net margin 0.2%) and EBITDA of ₹94.66 Cr (EBITDA margin 8.8%).
The company has about 1,147 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹659.9 Cr and satisfied charges of ₹60 Cr on record. Court records list 14 cases involving the company, including 14 filed by the company; 6 cases are pending. The company has 3 deals on record (2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹160.44 Cr; the latest was in December 2023. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 100 overdue payments to 49 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website baxy.com.
Company details
CIN history
Baxy has one previous CIN (Corporate Identification Number): U34100DL2015PTC279347. The current CIN is U34100DL2015PLC279347, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34100DL2015PLC279347 | Current |
| U34100DL2015PTC279347 | Previous |
Contact details
Baxy Limited's registered office is in New Delhi, Delhi. Its website is baxy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. A – 21 9 Prithvi Raj Road, New Delhi, Delhi, India – 110003
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Baxy 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 Baxy is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Baxy Limited, buy the company report.
Financials of Baxy Limited
FY 2024 filings availableBaxy Limited reported revenue of ₹1,075.03 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year. EBITDA fell 31% 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 | ₹94.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.31 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 8.8% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Baxy Limited, buy the company report.
Board of directors of Baxy Limited
Baxy has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sankaraiah Rajagopal Also directs: Strafin Solutions LLP, Continental Advance System (India) Limited, Baxy Engineering Limited and 3 more | Director | 13 Apr 2023 | 3 Years 6 Months | Current |
| Shivpriya Nanda Also directs: Jubilant Pharmova Limited, Greenpanel Industries Limited | Director | 07 Jun 2024 | 2 Years 5 Months | Current |
| Tejveer Sidana Also directs: Baxy Engineering Limited, Baxy Archstone Private Limited, Central Park Infrastructure Development Private Limited and 5 more | Director | 18 Sep 2018 | 8 Years 1 Months | Current |
| Sushil Kumar Roongta | Director | 01 Aug 2024 | 2 Years 3 Months | Current |
| Shiv Bakshi Also directs: Continental Advance System (India) Limited, Baxy Engineering Limited, Baxy Mobility Limited and 5 more | Managing Director | 21 Apr 2015 | 11 Years 6 Months | Current |
| Amarjit Singh Bakshi Also directs: St. Philomena Realty Private Limited, Centralpark Resorts Private Limited, Baxy Archstone Private Limited and 5 more | Director | 01 Jul 2023 | 3 Years 4 Months | Current |
Auditor
Baxy Limited is audited by Walker Chandiok & Co LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2024 | 001076N/N500013 |
Shareholding
The shareholding of Baxy Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Baxy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2025 | 101193038 | Others | ₹15 Lakh | Open | |
| 30 Aug 2025 | 101157810 | Others | ₹22.28 Lakh | Open | |
| 26 Aug 2025 | 101147531 | Hdfc Bank Limited | ₹1.48 Cr | Open | |
| 21 Aug 2025 | 101150523 | Others | ₹21.16 Lakh | Open | |
| 12 Aug 2025 | 101144846 | Hdfc Bank Limited | ₹31.32 Lakh | Open |
To see the full charge records of Baxy Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Baxy Limited has 3 deals on record (2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹160.44 Cr; the latest was in December 2023.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Funding round | ₹94.8 Lakh | Investors: Baxy Employee Welfare Trust |
| Jun 2023 | Funding round | ₹9.49 Cr | Investors: Continental Engines Private Limited |
To see the full deal history of Baxy Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Baxy Limited has 14 court cases on record: 14 filed by Baxy. 6 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 1 |
| District courts | 6 | 0 | 5 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Jharkhand | Writ petition | Filed by the company against The State of Jharkhand Through Department of Food, Public Distribution and Consumer Affairs and 1 other | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Sahil Automobiles and Anr | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Sri Ram Automobile | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Tridev Autohaus Through Its Prop Miss Jyoti | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against individuals | Pending |
To see the full case history of Baxy 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
Baxy Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 100 overdue payments to 49 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 49)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Alfa Cotec Industries | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Baxy Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Baxy has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Baxy Engineering Private Limited | U29104DL2023PTC411307 | |
| Baxy Mobility Private Limited | U30912DL2023PTC421175 |
To see the full group structure of Baxy Limited, buy the company report.
Employees & EPFO
Baxy Limited has a workforce of 1,147 employees on its EPFO records as of Sep 20, 2025, across 2 active EPFO establishments.
GST
Baxy has 10 GST registrations: 8 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAGCB9029H1ZO | Uttarakhand | Active | 30 Jan 2023 |
| 08AAGCB9029H1ZI | Rajasthan | Active | 30 Jan 2023 |
| 06AAGCB9029H1ZM | Haryana | Active | 13 Feb 2023 |
| 33AAGCB9029H1ZP | Tamil Nadu | Active | 24 Mar 2023 |
To see the full GST registrations and return filing status of Baxy Limited, buy the company report.
Recent activity
Baxy Limited has 14 board changes on record since 2015: 7 appointments and 7 cessations. The latest: Shivpriya Nanda ceased to be Additional Director on 29 Sep 2024.
43 earlier events are in the company report.
Frequently asked questions
Baxy is an active public limited company based in New Delhi, Delhi, India. The company works in the engineering industry. It was incorporated on 21 April 2015 (11+ years old) and is registered under CIN U34100DL2015PLC279347.
Baxy has 6 current directors:
- Shiv Bakshi - Managing Director
- Sankaraiah Rajagopal - Director
- Shivpriya Nanda - Director
- Tejveer Sidana - Director
- Sushil Kumar Roongta - Director
- Amarjit Singh Bakshi - Director
The latest financial statements of Baxy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Baxy is 05AAGCB9029H1ZO, registered in Uttarakhand. The company has 10 GST registrations in all, of which 8 are active and 2 are cancelled or inactive. Other active GSTINs include 08AAGCB9029H1ZI (Rajasthan), 06AAGCB9029H1ZM (Haryana), 33AAGCB9029H1ZP (Tamil Nadu).
The CIN (Corporate Identification Number) of Baxy is U34100DL2015PLC279347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baxy has 14 court cases on record: 14 filed by the company. 6 are pending. Most are in the high courts.
Baxy was incorporated on 21 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Baxy has 3 deals on record (2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹160.44 Cr; the latest was in December 2023.
Shivpriya Nanda ceased to be Additional Director on 29 Sep 2024. Sushil Kumar Roongta ceased to be Additional Director on 29 Sep 2024. Sushil Kumar Roongta was appointed as Director on 01 Aug 2024. Baxy has 14 board changes on record in total.
Baxy has 3 MSME Form 1 returns on record between 2023 and 2024, listing 100 overdue payments to 49 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Baxy can be reached through the website baxy.com. Its registered office is in New Delhi, Delhi, India.
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