About Bhagyanagar Gas Limited
Data last updated:
Bhagyanagar Gas Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the oil and gas distribution and transmission segment of the energy and power sector. It was incorporated on 22 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40200TG2003PLC041566. Its GSTIN is 36AACCB2130P1ZQ (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹120 Cr and a paid-up capital of ₹100.26 Cr. It is led by directors including Sreenivasraju Vimalanatha Kalidindi (Managing Director) and Kaushik Mitra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Parishram Bhawan Basheerbagh, Hyderabad, Telangana, India – 500004.
As per the financials filed for FY 2025, the company reported a revenue of ₹719.45 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹47.05 Cr (net margin 6.5%) and EBITDA of ₹153.6 Cr (EBITDA margin 21.4%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 27% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bhagyanagar Gas Limited. As per MCA filings, the company has open charges of ₹569 Cr and satisfied charges of ₹932 Cr on record. Court records list 52 cases involving the company, including 11 filed by the company and 41 filed against it; 19 cases are pending. The company has 5 deals on record (3 funding rounds, 2 rights issues), with disclosed funding of ₹49.49 Cr; the latest was in June 2025. Its 7 peer companies in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels) are compared by revenue, 5 larger and 2 smaller; the largest is Megha City Gas Distribution Private Limited with revenue of ₹875.66 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bglgas.com.
Company details
CIN history
Bhagyanagar Gas has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40200TG2003PLC041566, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40200TG2003PLC041566 | Current |
| U40200AP2003PTC041566 | Previous |
| U40200AP2003PLC041566 | Previous |
Contact details
Bhagyanagar Gas Limited's registered office is in Hyderabad, Telangana. Its website is bglgas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressParishram Bhawan Basheerbagh, Hyderabad, Telangana, India – 500004
- IndustryEnergy and Power, Oil & Gas Distribution & Transmission
To see the full contact details of Bhagyanagar Gas 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
Brands
Bhagyanagar Gas operates one associated brand: Bhagyanagar Gas Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Natural gas distribution and services in India, focusing on PNG and CNG for various sectors. | bglgas.com |
Business activity
The main business activity of Bhagyanagar Gas is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Bhagyanagar Gas Limited, buy the company report.
Financials of Bhagyanagar Gas Limited
FY 2025 filings availableBhagyanagar Gas Limited reported revenue of ₹719.45 Cr (up 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 38% growth in the latest year. EBITDA rose 1% 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 | ₹153.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47.05 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 | 21.4% | ||||
| Net Profit Margin | 6.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Bhagyanagar Gas Limited, buy the company report.
Board of directors of Bhagyanagar Gas Limited
Bhagyanagar Gas has 4 current directors and 40 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Garg Also directs: Hindustan Petroleum Corporation Limited, HPCL Rajasthan Refinery Limited, HPCL LNG Limited and 1 more | Director | 07 May 2023 | 3 Years 6 Months | Current |
| Kaushik Mitra | Whole-Time Director | 21 Jun 2025 | 1 Years 4 Months | Current |
| Sreenivasraju Vimalanatha Kalidindi | Managing Director | 26 Jun 2025 | 1 Years 4 Months | Current |
| Ashish Kumar Purwar | Director | 12 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Bhagyanagar Gas Limited is compared with the 7 companies closest to it by revenue in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Megha City Gas Distribution Private Limited | ₹875.66 Cr (FY 2025) | 67.0% | Hyderabad, Telangana, India | |||
| Haryana City Gas Distribution Limited | ₹824.78 Cr (FY 2024) | 10.0% | New Delhi, Delhi, India | |||
| Aavantika Gas Limited | ₹818.25 Cr (FY 2025) | 13.0% | Indore, Madhya Pradesh, India | |||
| Konkan LNG Limited | ₹801.9 Cr (FY 2025) | 88.0% | New Delhi, Delhi, India | |||
| Assam Gas Company Ltd | ₹791.57 Cr (FY 2024) | -3.0% | Dibrugarh, Assam, India | |||
| Bhagyanagar Gas Limitedthis company | ₹719.45 Cr (FY 2025) | ₹47.05 Cr | 6.5% | 38.0% | 56 | Hyderabad, Telangana, India |
| Central U.P. Gas Limited | ₹703.76 Cr (FY 2024) | -7.0% | Kanpur, Uttar Pradesh, India | |||
| Torrent Gas Jaipur Private Limited | ₹576.13 Cr (FY 2025) | 48.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Bhagyanagar Gas Limited, buy the company report.
Auditor
Bhagyanagar Gas Limited is audited by Anjaneyulu & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anjaneyulu & Co. | FY 2023 | 000180S |
Shareholding
The shareholding of Bhagyanagar Gas 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhagyanagar Gas Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Apr 2021 | 100432177 | Others | ₹166.5 Cr | Open | |
| 14 Jun 2018 | 100187975 | Others | ₹402.5 Cr | Open | |
| 27 Jul 2017 | 100123885 | Canara Bank | ₹32 Cr | Satisfied | |
| 30 Apr 2010 | 10223057 | Canara Bank Prime Corporate Branch | ₹900 Cr | Satisfied |
To see the full charge records of Bhagyanagar Gas Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Bhagyanagar Gas Limited has 5 deals on record (3 funding rounds, 2 rights issues), with disclosed funding of ₹49.49 Cr; the latest was in June 2025.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Rights issue | ₹57.05 Cr | Investors: Gail (India) Limited , Kakinada Seaports Limited , an individual |
| Dec 2024 | Funding round | ₹2.29 Cr | Investors: Tsiic Limited |
| Dec 2019 | Funding round | ₹2.23 Cr | Investors: APIIC Limited |
| Jan 2018 | Rights issue | ₹211.62 Cr | Investors: Gail (India) Limited , Kakinada Seaports Limited , an individual |
| Aug 2014 | Funding round | ₹44.98 Cr | Investors: Gail (India) Limited , an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bhagyanagar Gas Limited has 52 court cases on record: 11 filed by Bhagyanagar Gas, 41 filed against it. 19 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 44 | 34 | 13 |
| District courts | 6 | 5 | 4 |
| Supreme Court | 1 | 1 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 52)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Court case (Civ Suit) | Filed against the company by Com Legal Associates LLP | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by Megha Engineering and Infrastructures Limited Through Its Manager/ Director S-2, Tie, Balanagar, ,Hyderabad , Telangana | Pending |
| High Court, TELANGANA | Court case (CAPPEAL) | Filed against the company by Kakinada Seaports Limited, | Pending |
| District court, Hyderabad Central, Telangana | Execution petition | Filed against the company by M/S. Ravi Firetech Safety Engineers Private Limited | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Megha City Gas Distribution Private Limited and 2 others | Disposed |
To see the full case history of Bhagyanagar Gas 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.
Credit ratings & regulatory alerts
Bhagyanagar Gas Limited was last rated by Care on 05 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Apr 2022 |
To see the full credit ratings and regulatory alerts of Bhagyanagar Gas Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhagyanagar Gas Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bhagyanagar Gas has 2 joint ventures. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Bhagyanagar Gas Limited has a workforce of 56 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
GST
Bhagyanagar Gas has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCB2130P1ZQ | Telangana | Active | 01 Jul 2017 |
| 37AACCB2130P1ZO | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhagyanagar Gas Limited, buy the company report.
Recent activity
Bhagyanagar Gas Limited has 44 board changes on record since 2007: 6 appointments and 38 cessations. The latest: Karnati Ram Mohan Rao ceased to be Managing Director on 26 Jun 2025.
44 earlier events are in the company report.
Frequently asked questions
Bhagyanagar Gas is an active public limited company based in Hyderabad, Telangana, India. The company works in oil and gas distribution and transmission, within the energy and power industry. It was incorporated on 22 August 2003 (23+ years old) and is registered under CIN U40200TG2003PLC041566.
Bhagyanagar Gas has 4 current directors:
- Sreenivasraju Vimalanatha Kalidindi - Managing Director
- Kaushik Mitra - Whole-Time Director
- Amit Garg - Director
- Ashish Kumar Purwar - Director
The latest financial statements of Bhagyanagar Gas on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhagyanagar Gas is 36AACCB2130P1ZQ, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AACCB2130P1ZO (Andhra Pradesh).
The CIN (Corporate Identification Number) of Bhagyanagar Gas is U40200TG2003PLC041566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagyanagar Gas has 52 court cases on record: 11 filed by the company and 41 filed against it. 19 are pending. Most are in the high courts.
Bhagyanagar Gas was incorporated on 22 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Hyderabad.
Bhagyanagar Gas has 5 deals on record (3 funding rounds, 2 rights issues), with disclosed funding of ₹49.49 Cr; the latest was in June 2025.
The peers of Bhagyanagar Gas by revenue are Megha City Gas Distribution Private Limited, Haryana City Gas Distribution Limited, Aavantika Gas Limited, Konkan LNG Limited, Assam Gas Company Ltd and 2 more, all in the Oil and Gas industry (Distribution and Transmission), with the same principal business activity (manufacture of gas, distribution of gaseous fuels).
Karnati Ram Mohan Rao ceased to be Managing Director on 26 Jun 2025. Sreenivasraju Vimalanatha Kalidindi was appointed as Managing Director on 26 Jun 2025. Danuta Yeleswarapu ceased to be Whole-Time Director on 21 Jun 2025. Bhagyanagar Gas has 44 board changes on record in total.
Bhagyanagar Gas can be reached through the website bglgas.com. Its registered office is in Hyderabad, Telangana, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
