Besser Concrete Systems Limited
About Besser Concrete Systems Limited
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Besser Concrete Systems Limited is a public limited company based in Chenglepet, Tamil Nadu, India, a subsidiary of Sonora Industries Private Limited. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 15 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51909TN1995PLC030534. The company has 6 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹42.99 Cr. It was formerly known as Vibrant -Besser Concrete Systems Limited. It is led by directors including Vinod Gurbux Motwani (Whole-Time Director) and Sangeeta Vinod Motwani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.1/208 Keliamman Koilstreet Kelambakkam. 603 103, Chenglepet, Tamil Nadu, India – 603103.
As per the financials filed for FY 2019, the company reported a revenue of ₹33.71 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹9.84 Lakh (net margin -0.3%) and EBITDA of -₹9.67 Lakh (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 229% over three years.
As per MCA filings, the company has satisfied charges of ₹1.22 Cr on record. Court records list 33 cases involving the company, including 15 filed by the company and 18 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Besser Concrete Systems Limited's registered office is in Chenglepet, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.1/208 Keliamman Koilstreet Kelambakkam. 603 103, Chenglepet, Tamil Nadu, India – 603103
- IndustryManufacturing, Construction Materials
To see the full contact details of Besser Concrete Systems 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 Besser Concrete Systems is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Besser Concrete Systems Limited, buy the company report.
Financials of Besser Concrete Systems Limited
FY 2019 filings availableBesser Concrete Systems Limited reported revenue of ₹33.71 Cr (down 6% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 229%. EBITDA fell 2% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹33.71 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹9.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.84 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Besser Concrete Systems Limited, buy the company report.
Board of directors of Besser Concrete Systems Limited
Besser Concrete Systems has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Gurbux Motwani Also directs: Sun Earth Ceramics Limited, Nestler Limited, Henex Dairy and Food Products Private Limited and 1 more | Whole-Time Director | 26 Dec 2020 | 5 Years 10 Months | Current |
| Sangeeta Vinod Motwani Also directs: Inayat Fabrics LLP, Ivika Designer Studio LLP | Whole-Time Director | 24 Dec 2007 | 18 Years 10 Months | Current |
| Nilesh Dinanath Naik Also directs: Sun Earth Ceramics Limited, Sonora Industries Private Limited | Additional Director | 19 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Besser Concrete Systems Limited is audited by S . U .Radhakrishnani and Co. for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S . U .Radhakrishnani and Co. | FY 2019 |
Shareholding
The shareholding of Besser Concrete Systems Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Besser Concrete Systems Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 1996 | 90293613 | Bank of Madura Ltd | ₹1.22 Cr | Satisfied |
To see the full charge records of Besser Concrete Systems Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Besser Concrete Systems Limited has 33 court cases on record: 15 filed by Besser Concrete Systems, 18 filed against it. 2 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 11 | 1 |
| District courts | 6 | 4 | 1 |
| Supreme Court | 4 | 3 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Tulsidas V. Patel Private Limited Through Mr. Dilip B. Bhosale | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Tulsidas V. Patel Private Limited Through Mr. Dilip B. Bhosale | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LD) | Filed by the company against Tulsidas V Patel Pvt Ltd Through Its Administrator Receiver Maneck Mulla | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by Accord Finance & Properties (Pvt.) Ltd. | Disposed |
| District court, Chengalpattu, Tamil Nadu | Civil suit | Filed by the company against Icici Bank Ltd., (Formerly Known As Bank of Madura Ltd.,) and 4 others | Disposed |
To see the full case history of Besser Concrete Systems 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
No delayed payments to MSME suppliers are on our record for Besser Concrete Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Besser Concrete Systems has 6 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Besser Concrete Systems Limited, buy the company report.
Recent activity
Besser Concrete Systems Limited has 8 board changes on record since 2007: 3 appointments and 5 cessations. The latest: Nilesh Dinanath Naik was appointed as Additional Director on 19 Nov 2021.
2 earlier events are in the company report.
Frequently asked questions
Besser Concrete Systems is an active public limited company based in Chenglepet, Tamil Nadu, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 15 March 1995 (31+ years old) and is registered under CIN U51909TN1995PLC030534.
Besser Concrete Systems has 3 current directors:
- Vinod Gurbux Motwani - Whole-Time Director
- Sangeeta Vinod Motwani - Whole-Time Director
- Nilesh Dinanath Naik - Additional Director
The latest financial statements of Besser Concrete Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Besser Concrete Systems has 6 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Besser Concrete Systems is U51909TN1995PLC030534. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Besser Concrete Systems has 33 court cases on record: 15 filed by the company and 18 filed against it. 2 are pending. Most are in the high courts.
Besser Concrete Systems was incorporated on 15 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
Nilesh Dinanath Naik was appointed as Additional Director on 19 Nov 2021. Shweta Vinod Motwani ceased to be Whole-Time Director on 19 Nov 2021. Vinod Gurbux Motwani was appointed as Whole-Time Director on 26 Dec 2020. Besser Concrete Systems has 8 board changes on record in total.
The registered office of Besser Concrete Systems is at No.1208 Keliamman Koilstreet Kelambakkam. 603 103, Chenglepet, Tamil Nadu, India – 603103.
Besser Concrete Systems operates in the manufacturing industry, in the construction materials segment.