MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-03-0002898
Belmaks Private Limited - automotive in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹147.09 Cr
▼ 2% YoY
Net profit · FY 2025
₹8.66 Cr
Net margin 5.9%
EBITDA · FY 2025
₹13.19 Cr
EBITDA margin 9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹29.4 Lakh
Issued & subscribed
Satisfied charges
₹60.6 Cr
No open charges
Company age
53 yrs
Est. 1973
Employees · EPFO
25
Provident fund records
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 4 peer companies in the Automobiles industry (Auto Ancillary), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 2 smaller; the largest is Industrias Del Recambio India Private Limited with revenue of ₹147.32 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.
Company details
CIN U29300DL1973PTC081697
Registration Number 081697
Incorporation Date 28 April 1973
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-03-0002898
CIN history
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
Contact details
Belmaks Private Limited's registered office is in New Delhi, Delhi. Its website is belmaks.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 89 & A – 90 First Floor Freedam Fighter Enclave Ne, B Sarai, New Delhi, Delhi, India – 110068
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Belmaks Private Limited, buy the company report.
Comprehensive company report
Belmaks 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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Brands
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
The main business activity of Belmaks 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 Belmaks Private Limited, buy the company report.
Financials of Belmaks Private Limited
FY 2024 filings availableBelmaks Private Limited reported revenue of ₹147.09 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹147.09 Cr ▼ 2%
Net profit · FY 2025
₹8.66 Cr margin 5.9%
EBITDA · FY 2025
₹13.19 Cr margin 9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 9%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▼ 7%
5 years · compounded
▲ 14%
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
| 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
| 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 | |||||
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| 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 Belmaks Private Limited, buy the company report.
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.
Current Directors
| 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
Belmaks Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Limitedthis company | ₹147.09 Cr (FY 2025) | ₹8.66 Cr | 5.9% | -2.0% | 25 | New Delhi, Delhi, India |
| Star Circlips & Engineering Limited | ₹146.65 Cr (FY 2023) | -2.0% | Nagpur, Maharashtra, India | |||
| Aurangabad Auto Ancilliary Pvt Ltd | ₹145.41 Cr (FY 2025) | 0.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Belmaks Private Limited, buy the company report.
Auditor
Belmaks Private Limited is audited by Malhotra Khandelwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Malhotra Khandelwal & Co. | FY 2023 | 008333N |
Shareholding
The shareholding of Belmaks Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Belmaks Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹60.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2018 | 100239638 | Citi Bank N.A. | ₹6 Cr | Satisfied | |
| 10 May 2017 | 100120558 | Citi Bank N.A. | ₹6.9 Cr | Satisfied | |
| 10 Apr 2017 | 100120557 | Citi Bank N.A. | ₹10 Cr | Satisfied | |
| 26 Nov 2015 | 10618207 | Kotak Mahindra Bank Limited | ₹8 Cr | Satisfied | |
| 11 Nov 2013 | 10463027 | Indiabulls Housing Finance Limited | ₹6.7 Cr | Satisfied |
To see the full charge records of Belmaks Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Belmaks Private Limited has 6 deals on record (6 secondary share transfers); the latest was in December 2024.
Total deals
6
Secondary share transfers
6
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 |
To see the full deal history of Belmaks Private 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
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.
Total cases
36
Filed by the company
9
Filed against the company
27
Pending
4
Disposed
32
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 |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Haryana State Industrial and Infrastructure Development Corporation Limited and 1 other | Pending |
| District court, South East, Delhi | Civil suit | Filed by the company against Suvidha Park Lift Ltd | Disposed |
| District court, Faridabad, Haryana | Execution petition | Filed by the company against Ms Scooters India Ltd | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Suvidha Park Lift Ltd | Disposed |
| District court, Faridabad, Haryana | Appeal | Filed against the company by M/S Shivshakti Enteprises Pvt Ltd | Pending |
To see the full case history of Belmaks Private 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
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 |
To see the full MSME payment records of Belmaks Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Belmaks Private Limited has a workforce of 25 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
25
Active EPFO establishments
1
Employee growth
-16.67%
GST
Belmaks has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
5
Cancelled / inactive
3
| 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 |
To see the full GST registrations and return filing status of Belmaks Private Limited, buy the company report.
Recent activity
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.
AGM
Belmaks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Belmaks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 11 Nov 2013 via Charge ID 10463027 with Indiabulls Housing Finance Limited was fully satisfied on 29 Mar 2023.
Appointed
Bhavna Bhatia was appointed as Director.
Charges
A charge registered on 02 Jul 2018 via Charge ID 100239638 with Citi Bank N.A. was fully satisfied on 14 Jul 2021.
Charges
A charge registered on 10 May 2017 via Charge ID 100120558 with Citi Bank N.A. was fully satisfied on 14 Jul 2021.
Charges
A charge registered on 10 Apr 2017 via Charge ID 100120557 with Citi Bank N.A. was fully satisfied on 14 Jul 2021.
Charges
A charge registered on 15 Jul 2013 via Charge ID 10447682 with Citibank N.A was fully satisfied on 14 Jul 2021.
Charges
A charge registered on 25 Feb 2011 via Charge ID 10271500 with Citibank N.A was fully satisfied on 14 Jul 2021.
Charges
A charge registered on 31 Jul 2001 via Charge ID 80045866 with Citibank N.A was fully satisfied on 14 Jul 2021.
Ceased
Radha Krishan Bhatia ceased to be Director.
Appointed
Bhuwan Budhani Chander was appointed as Director.
21 earlier events are in the company report.
Frequently asked questions
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 has 4 current directors:
- Raahil Krishan Bhatia - Director
- Bhavna Bhatia - Director
- Sanjay Bhatia - Director
- Bhuwan Budhani Chander - Director
The latest financial statements of Belmaks 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 2015 are in the company report.
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 Industrias Del Recambio India Private Limited, JRD Perfect Tools Private Limited, Star Circlips & Engineering Limited, Aurangabad Auto Ancilliary Pvt Ltd, all in the Automobiles industry (Auto Ancillary), with the same principal business activity (metal and metal products).
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.
Yes, Belmaks is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-03-0002898).
Belmaks has 4 MSME Form 1 returns on record between 2022 and 2023, listing 44 overdue payments to 16 micro and small suppliers. The latest return was filed on 30 Aug 2023.