- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-03-0002898

About Belmaks Private Limited
Data last updated:
Belmaks Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 28 April 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29300DL1973PTC081697. Its GSTIN is 07AABCB1423A2ZK (Delhi). The company holds 8 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹29.4 Lakh. It is led by directors including Raahil Krishan Bhatia and Bhavna Bhatia.
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 A – 89 & A – 90 First Floor Freedam Fighter Enclave Ne, B Sarai, New Delhi, Delhi, India – 110068.
As per the financials filed for FY 2025, the company reported a revenue of ₹147.09 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹8.66 Cr (net margin 5.9%) and EBITDA of ₹13.19 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Belmaks. As per MCA filings, the company has satisfied charges of ₹60.6 Cr on record. Court records list 36 cases involving the company, including 9 filed by the company and 27 filed against it; 4 cases are pending. The company has 6 deals on record (6 secondary share transfers); the latest was in December 2024. Its 10 peer companies in the Automobiles industry (Auto Ancillary) are compared by revenue, 5 larger and 5 smaller; the largest is Ten On Ten Rubtech Private Limited with revenue of ₹147.51 Cr. The company has 4 MSME Form 1 returns on record between 2022 and 2023, listing 44 overdue payments to 16 micro and small suppliers.
Belmaks Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0002898). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website belmaks.in.
CIN History of Belmaks Private Limited
Belmaks has one previous CIN (Corporate Identification Number): U29300DL1996PTC081697. The current CIN is U29300DL1973PTC081697, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29300DL1973PTC081697 | Current |
| U29300DL1996PTC081697 | Previous |
Recognitions & Rankings of Belmaks
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 89 & A – 90 First Floor Freedam Fighter Enclave Ne, B Sarai, New Delhi, Delhi, India – 110068
- IndustryAutomotive, Auto Parts & Components
- 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
Associated Brands with Belmaks Private Limited
Belmaks operates one associated brand: Belmaks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies chassis to OEMs and Tier 1 suppliers. | belmaks.in |
Business Activity of Belmaks Private Limited
The main business activity of Belmaks is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Belmaks Private Limited FY 2024 filings available
Belmaks Private Limited reported revenue of ₹147.09 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Belmaks Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 55% 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 Belmaks 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 | ₹13.19 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.66 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 of Belmaks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.9% | •••• | •••• | •••• | •••• |
| 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 Belmaks 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.
Board of Directors of Belmaks Private Limited
Belmaks has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raahil Krishan Bhatia | Director | 01 Feb 2011 | 15 Years 8 Months | Current |
| Bhavna Bhatia Also directs: Raketm Wireless Technologies LLP, Belmaks Systems LLP, Keshav Bio-Fuels Private Limited and 3 more | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
| Sanjay Bhatia | Director | 01 Apr 1986 | 40 Years 6 Months | Current |
| Bhuwan Budhani Chander Also directs: Twylight Infrastructure Private Limited | Director | 19 Feb 2020 | 6 Years 8 Months | Current |
Peer Comparison of Belmaks Private Limited
Belmaks Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ten On Ten Rubtech Private Limited | ₹147.51 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Gurgaon, Haryana, India |
| Pricol Precision Products Private Limited | ₹147.38 Cr (FY 2025) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| Sumax Engineering Limited | ₹147.36 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Secunderabad, Telangana, India |
| Industrias Del Recambio India Private Limited | ₹147.32 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Kanchipuram, Tamil Nadu, India |
| JRD Perfect Tools Private Limited | ₹147.22 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Delhi, India |
| Belmaks Private Limited this company | ₹147.09 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| J P M Automobiles Limited | ₹146.67 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Star Circlips & Engineering Limited | ₹146.65 Cr (FY 2023) | •••• | •••• | -2.0% | •••• | Nagpur, Maharashtra, India |
| DMC Automotive Private Limited | ₹145.5 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Thiruvallur, Tamil Nadu, India |
| Rajamane Industries Private Limited | ₹145.48 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Aurangabad Auto Ancilliary Pvt Ltd | ₹145.41 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Aurangabad, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Belmaks by revenue in the Automobiles industry (Auto Ancillary), 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 Belmaks Private Limited
Belmaks Private Limited is audited by Malhotra Khandelwal & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Malhotra Khandelwal & 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.
Ownership and Shareholding of Belmaks 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 Belmaks Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2018 | Citi Bank N.A. | ₹6 Cr | Satisfied |
| 10 May 2017 | Citi Bank N.A. | ₹6.9 Cr | Satisfied |
| 10 Apr 2017 | Citi Bank N.A. | ₹10 Cr | Satisfied |
| 26 Nov 2015 | Kotak Mahindra Bank Limited | ₹8 Cr | Satisfied |
| 11 Nov 2013 | Indiabulls Housing Finance Limited | ₹6.7 Cr | Satisfied |
Total charge records: 9 View all charges
Deals & Funding of Belmaks Private Limited
Belmaks Private Limited has 6 deals on record (6 secondary share transfers); the latest was in December 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Secondary share transfer | Undisclosed | Buyer: Belmaks Metal ( India ) Private Limited Seller: 3 individuals |
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: Belmaks Metal ( India ) Private Limited , 2 individuals Seller: 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Belmaks Metal ( India ) Private Limited Seller: R K Bhatia HUF, 3 individuals |
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Belmaks Private Limited
Belmaks Private Limited has 36 court cases on record: 9 filed by Belmaks, 27 filed against it. 4 cases are pending and 32 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 26 | 2 |
| High courts | 6 | 1 | 2 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed by the company against Suvidha Parklift Limited | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Suvidha Parklift Limited | Disposed |
| District court, Faridabad, Haryana | Execution petition | Filed by the company against Scooters India Limited | Disposed |
| District court, Faridabad, Haryana | Appeal | Filed against the company by Shivshakti Enteprises Pvt Ltd | Pending |
| District court, Faridabad, Haryana | Appeal | Filed by the company against an individual | Pending |
Full case history
All 36 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Belmaks Private Limited
Belmaks Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 44 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Rajmata Engineering Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Belmaks Private Limited
Belmaks Private Limited has a workforce of 25 employees as of Apr 06, 2024.
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 Belmaks Private Limited
Belmaks Private Limited has 8 board changes on record since 1986: 4 appointments and 4 cessations. The latest: Bhavna Bhatia was appointed as Director on 30 Sep 2022.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Belmaks 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.
Subsidiaries & Group Companies of Belmaks 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 Belmaks Private Limited
Belmaks has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCB1423A2ZK | Delhi | Active | 31 Jan 2025 |
| 05AABCB1423A1ZP | Uttarakhand | Active | 01 Jul 2017 |
| 06AABCB1423A2ZM | Haryana | Active | 01 Jul 2017 |
| 33AABCB1423A1ZQ | Tamil Nadu | Active | 09 Sep 2022 |
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 Belmaks 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 Belmaks Private Limited
Belmaks is an active private limited company based in New Delhi, Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 28 April 1973 (53+ years old) and is registered under CIN U29300DL1973PTC081697.
Belmaks reported revenue of ₹147.09 Cr for FY 2025 (down 2% YoY).
Belmaks has 4 current directors:
- Raahil Krishan Bhatia - Director
- Bhavna Bhatia - Director
- Sanjay Bhatia - Director
- Bhuwan Budhani Chander - Director
Belmaks reported a net profit of ₹8.66 Cr (net margin 5.9%) and EBITDA of ₹13.19 Cr (EBITDA margin 9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Belmaks is 9% over three years and 10% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Belmaks is 07AABCB1423A2ZK, registered in Delhi. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 05AABCB1423A1ZP (Uttarakhand), 06AABCB1423A2ZM (Haryana), 33AABCB1423A1ZQ (Tamil Nadu).
The CIN (Corporate Identification Number) of Belmaks is U29300DL1973PTC081697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Belmaks has 36 court cases on record: 9 filed by the company and 27 filed against it. 4 are pending. Most are in the district courts.
Belmaks was incorporated on 28 April 1973, making it 53+ years old. It is registered with the Registrar of Companies, Delhi.
Belmaks has 6 deals on record (6 secondary share transfers); the latest was in December 2024.
The peers of Belmaks by revenue are Ten On Ten Rubtech Private Limited, Pricol Precision Products Private Limited, Sumax Engineering Limited, Industrias Del Recambio India Private Limited, JRD Perfect Tools Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary).
Bhavna Bhatia was appointed as Director on 30 Sep 2022. Radha Krishan Bhatia ceased to be Director on 29 Nov 2020. Bhuwan Budhani Chander was appointed as Director on 19 Feb 2020. Belmaks has 8 board changes on record in total.