About Bhagawati Development Services Private Limited
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Bhagawati Development Services Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 10 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U04520MP2005PTC018087. Its GSTIN is 23AADCB5686M1ZB (Madhya Pradesh).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr. It was formerly known as Uttam Development Services Private Limited. It is led by directors Saurabh Singh and Sushma Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H. No. B – 251/A Shahpura, Bhopal, Madhya Pradesh, India – 462039.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.98 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹16.43 Lakh (net margin 1%) and EBITDA of ₹1.35 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
As per MCA filings, the company has open charges of ₹57.5 Cr and satisfied charges of ₹21.89 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhagawatigroup.in.
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- TelephoneLocked
- Website
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- Registered AddressH. No. B – 251/A Shahpura, Bhopal, Madhya Pradesh, India – 462039
- IndustryAutomotive, Auto Dealership & Trading
- 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 of Bhagawati Development Services Private Limited
The main business activity of Bhagawati Development Services is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Bhagawati Development Services Private Limited FY 2024 filings available
Bhagawati Development Services Private Limited reported revenue of ₹15.98 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bhagawati Development Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over three years, including 30% growth in the latest year. EBITDA rose 34% 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 Bhagawati Development Services 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 | ₹1.35 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.43 Lakh | •••• | •••• | •••• | •••• |
| 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 Bhagawati Development Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 Bhagawati Development Services 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.
Peer Comparison of Bhagawati Development Services Private Limited
Bhagawati Development Services Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Auto and Components Dealers, Cold Storage and Warehousing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Janki Auto Agency Private Limited | •••• | •••• | •••• | •••• | - | Bhabhua, Bihar, India |
| Shree Lakshmi Wheels Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Fareast Synergy Private Limited | •••• | •••• | •••• | •••• | - | Guwahati, Assam, India |
| Javali Automobiles Private Limited | •••• | •••• | •••• | •••• | 78 | Hubli, Karnataka, India |
| Saboo Automotive Pvt Ltd | •••• | •••• | •••• | •••• | - | Telangana, India |
| Bhagawati Development Services Private Limited this company | •••• | •••• | •••• | •••• | - | Bhopal, Madhya Pradesh, India |
| Eco Smart Vehicles Private Limited | •••• | •••• | •••• | •••• | - | Sonipat, Haryana, India |
| Himganga Cold Storage Private Limited | •••• | •••• | •••• | •••• | - | Begusarai, Bihar, India |
| Mrinal Autosolutions Private Limited | •••• | •••• | •••• | •••• | - | Samastipur, Bihar, India |
| DMW Tyres Private Limited | •••• | •••• | •••• | •••• | - | Avadhan Dhule, Maharashtra, India |
| Riya Automotive Private Limited | •••• | •••• | •••• | •••• | - | Mehsana, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Bhagawati Development Services by revenue in the Transport and Logistics industry (Auto and Components Dealers, Cold Storage and Warehousing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Bhagawati Development Services Private Limited
Bhagawati Development Services Private Limited is audited by B A N C R S AND CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B A N C R S AND CO LLP | 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.
Board of Directors of Bhagawati Development Services Private Limited
Bhagawati Development Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Singh Also directs: Vishveshwar Agro Private Limited | Director | 10 Nov 2005 | 20 Years 10 Months | Current |
| Sushma Singh | Director | 14 Jan 2012 | 14 Years 8 Months | Current |
Ownership and Shareholding of Bhagawati Development Services 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 Bhagawati Development Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Oct 2024 | Others | ₹25 Lakh | Open |
| 23 Aug 2024 | Others | ₹23.55 Cr | Open |
| 29 Jan 2024 | Others | ₹7.69 Cr | Open |
| 01 Feb 2023 | Others | ₹6 Cr | Open |
| 01 Feb 2023 | Others | ₹86 Lakh | Open |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Bhagawati Development Services Private Limited
Employment history and EPFO contributions of people linked to Bhagawati Development Services.
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 Bhagawati Development Services Private Limited
Bhagawati Development Services Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Vikram Singh ceased to be Managing Director on 15 Mar 2013.
26 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bhagawati Development Services 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.
MSME Payment Delays by Bhagawati Development Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bhagawati Development Services 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 Bhagawati Development Services Private Limited
Bhagawati Development Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCB5686M1ZB | Madhya Pradesh | Active | 01 Jul 2017 |
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 Bhagawati Development Services 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 Bhagawati Development Services Private Limited
Bhagawati Development Services is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 10 November 2005 (21+ years old) and is registered under CIN U04520MP2005PTC018087.
Bhagawati Development Services reported revenue of ₹15.98 Cr for FY 2025 (up 30% YoY).
Bhagawati Development Services has 2 current directors:
- Saurabh Singh - Director
- Sushma Singh - Director
Bhagawati Development Services reported a net profit of ₹16.43 Lakh (net margin 1%) and EBITDA of ₹1.35 Cr (EBITDA margin 8.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bhagawati Development Services is 1% over three years. In the latest year (FY 2025) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bhagawati Development Services is 23AADCB5686M1ZB, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Bhagawati Development Services is U04520MP2005PTC018087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagawati Development Services was incorporated on 10 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Bhagawati Development Services by revenue are Janki Auto Agency Private Limited, Shree Lakshmi Wheels Private Limited, Fareast Synergy Private Limited, Javali Automobiles Private Limited, Saboo Automotive Pvt Ltd and 5 more, all in the Transport and Logistics industry (Auto and Components Dealers, Cold Storage and Warehousing).
Vikram Singh ceased to be Managing Director on 15 Mar 2013. Sushma Singh was appointed as Director on 14 Jan 2012. Saurabh Singh ceased to be Managing Director on 01 Nov 2008. Bhagawati Development Services has 5 board changes on record in total.
Bhagawati Development Services can be reached through the website bhagawatigroup.in. Its registered office is in Bhopal, Madhya Pradesh, India.