India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,673 Arjun Govind Raghupathy & family ₹1,100 Cr
Revenue · FY 2024
₹1.21 Cr
▼ 36% YoY
Net loss · FY 2024
₹5.05 Cr
Net margin -417.4%
EBITDA · FY 2024
-₹2.86 Cr
EBITDA margin -236.4%
Authorised capital
₹500 Cr
Registered with MCA
Paid-up capital
₹135.58 Cr
Issued & subscribed
Company age
17 yrs
Est. 2009
Employees · EPFO
9
Provident fund records
Directors on board
3
As per MCA filings
About BGR Boilers Private Limited
Data last updated:
BGR Boilers Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Bgr Energy Systems Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 23 January 2009 and has been in existence for over 17 years.
Its director Arjun Govind Raghupathy and family are #1,673 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74200TN2009PTC070539.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹135.58 Cr. It is led by directors including Raghupathy Arjun Govind and Ram Naresh Singh Tomar (Manager).
Its last annual general meeting (AGM) was held on 19 December 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 443 Anna Salai Teynampet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.21 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹5.05 Cr (net margin -417.4%) and EBITDA of -₹2.86 Cr (EBITDA margin -236.4%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 57% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
Court records list 71 cases involving the company, including 15 filed by the company and 56 filed against it; 22 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹135.57 Cr; the latest was in August 2010.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bgrcorp.com.
Company details
CIN U74200TN2009PTC070539
Registration Number 070539
Incorporation Date 23 January 2009
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 December 2025
Date of Balance Sheet 31 March 2024
Parent Company Bgr Energy Systems Limited
Compliance Status Active Compliant
Key People
Raghupathy Arjun Govind Director Ram Naresh Singh Tomar Manager Takehiko Ikematsu Nominee Director Recognitions & Rankings of BGR Boilers
Contact details
BGR Boilers Private Limited's registered office is in Chennai, Tamil Nadu. Its website is bgrcorp.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 443 Anna Salai Teynampet, Chennai, Tamil Nadu, India – 600018
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of BGR Boilers Private Limited, buy the company report.
Comprehensive company report
BGR Boilers 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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Business activity
The main business activity of BGR Boilers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of BGR Boilers Private Limited, buy the company report.
Financials of BGR Boilers Private Limited
FY 2024 filings availableBGR Boilers Private Limited reported revenue of ₹1.21 Cr (down 36% YoY) for FY 2024.
Revenue · FY 2024
₹1.21 Cr ▼ 36%
Net loss · FY 2024
₹5.05 Cr margin -417.4%
EBITDA · FY 2024
-₹2.86 Cr margin -236.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 38%
5 years · compounded
▼ 57%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 196%
5 years · compounded
▲ 57%
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 36% fall in the latest year. EBITDA rose 9% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹2.86 Cr | ||||
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| Net Profit (PAT) | -₹5.05 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -236.4% | ||||
| Net Profit Margin | -417.4% | ||||
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To see the full financial statements and ratios of BGR Boilers Private Limited, buy the company report.
Board of directors of BGR Boilers Private Limited
BGR Boilers has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghupathy Arjun Govind | Director | 22 Jul 2020 | 6 Years 3 Months | Current |
| Ram Naresh Singh Tomar Also directs: BGR Turbines Company Private Limited | Manager | 30 Sep 2021 | 5 Years 0 Months | Current |
| Takehiko Ikematsu | Nominee Director | 27 Sep 2019 | 7 Years 0 Months | Current |
Auditor
BGR Boilers Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2018 | 001076N/N500013 |
Shareholding
The shareholding of BGR Boilers Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of BGR Boilers Private Limited, buy the company report.
Deals & funding
BGR Boilers Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹135.57 Cr; the latest was in August 2010.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹135.57 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: BGR Energy Systems Limited Seller: 2 individuals |
| Apr 2010 | Funding round | ₹135.57 Cr | Investors: BGR Energy Systems Limited , Hitachi Power Europe Gmbh |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
BGR Boilers Private Limited has 71 court cases on record: 15 filed by BGR Boilers, 56 filed against it. 22 cases are pending and 49 are disposed.
Total cases
71
Filed by the company
15
Filed against the company
56
Pending
22
Disposed
49
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 54 | 40 | 15 |
| NCLAT | 6 | 6 | 4 |
| NCLT | 5 | 4 | 0 |
| District courts | 4 | 4 | 1 |
| Supreme Court | 2 | 2 | 2 |
Cases on record (5 of 71)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed against the company by Jindal Steel and Power Limited | Pending |
| District court, Chhindwara, Madhya Pradesh | Court case (UN CIV) | Filed against the company by Sebros Steels Pvt. Ltd. | Pending |
| Madras High Court | Arbitration matter | Filed against the company by Jindal Steel Power Limited | Pending |
| Madras High Court | Arbitration matter | Filed by the company against Jindal Steel and Power Ltd | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by BGR Energy Systems Ltd, | Pending |
To see the full case history of BGR Boilers 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
No delayed payments to MSME suppliers are on our record for BGR Boilers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
BGR Boilers Private Limited has a workforce of 9 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
-40%
GST
No GST registration is on our record for BGR Boilers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
BGR Boilers Private Limited has 19 board changes on record since 2010: 3 appointments and 16 cessations. The latest: Raghupathy Arjun Govind ceased to be Additional Director on 29 Sep 2022.
AGM
Bgr Boilers Private Limited last Annual general meeting of members was held on 19 Dec 2025 as per latest MCA records.
Filing
Bgr Boilers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Raghupathy Arjun Govind ceased to be Additional Director.
Ceased
Perisetla Bhaskarudu Gajalakshmi ceased to be Company Secretary.
Appointed
Ram Naresh Singh Tomar was appointed as Manager.
Ceased
Priyadershini Raghupathy ceased to be Nominee Director.
Ceased
Ramanujam Ramesh Kumar ceased to be Additional Director.
Ceased
Sasikala Raghupathy ceased to be Director.
Appointed
Raghupathy Arjun Govind was appointed as Director.
Ceased
Vellore Ranganathan Mahadevan ceased to be Director.
Appointed
Takehiko Ikematsu was appointed as Nominee Director.
Ceased
Srinivasan Venkataraman ceased to be Nominee Director.
10 earlier events are in the company report.
News
Frequently asked questions
BGR Boilers is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 23 January 2009 (17+ years old) and is registered under CIN U74200TN2009PTC070539.
BGR Boilers has 3 current directors:
- Raghupathy Arjun Govind - Director
- Takehiko Ikematsu - Nominee Director
- Ram Naresh Singh Tomar - Manager
The latest financial statements of BGR Boilers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 19 December 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of BGR Boilers is U74200TN2009PTC070539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BGR Boilers has 71 court cases on record: 15 filed by the company and 56 filed against it. 22 are pending. Most are in the high courts.
BGR Boilers was incorporated on 23 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
BGR Boilers has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹135.57 Cr; the latest was in August 2010.
Raghupathy Arjun Govind ceased to be Additional Director on 29 Sep 2022. Perisetla Bhaskarudu Gajalakshmi ceased to be Company Secretary on 02 Mar 2022. Ram Naresh Singh Tomar was appointed as Manager on 30 Sep 2021. BGR Boilers has 19 board changes on record in total.
BGR Boilers can be reached through the website bgrcorp.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of BGR Boilers is at No. 443 Anna Salai Teynampet, Chennai, Tamil Nadu, India – 600018.