Bhagyanagar Strips Private Limited
About Bhagyanagar Strips Private Limited
Data last updated:
Bhagyanagar Strips Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 15 February 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U27103TG2002PTC038517. Its GSTIN is 36AABCB9668F2ZE (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.5 Cr. It is led by directors Shlok Agarwal and Rishi Agarwal.
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 1 – 8 – 32/5 Second Floor Bapu Bagh Colony Pg Road, Secunderabad, Telangana, India – 500003.
As per the financials filed for FY 2023, the company reported a revenue of ₹329.06 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹80.69 Lakh (net margin 0.2%) and EBITDA of ₹3.43 Cr (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 31% over five years.
As per MCA filings, the company has open charges of ₹41.97 Cr and satisfied charges of ₹13.6 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in February 2022.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Bhagyanagar Strips has one previous CIN (Corporate Identification Number): U27103AP2002PTC038517. The current CIN is U27103TG2002PTC038517, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27103TG2002PTC038517 | Current |
| U27103AP2002PTC038517 | Previous |
Contact details
Bhagyanagar Strips Private Limited's registered office is in Secunderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 – 8 – 32/5 Second Floor Bapu Bagh Colony Pg Road, Secunderabad, Telangana, India – 500003
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Bhagyanagar Strips Private 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
Financials of Bhagyanagar Strips Private Limited
FY 2024 filings availableBhagyanagar Strips Private Limited reported revenue of ₹329.06 Cr (up 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 17% growth in the latest year. EBITDA rose 65% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹329.06 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80.69 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Bhagyanagar Strips Private Limited, buy the company report.
Board of directors of Bhagyanagar Strips Private Limited
Bhagyanagar Strips has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shlok Agarwal | Director | 15 Jul 2021 | 5 Years 3 Months | Current |
| Rishi Agarwal | Director | 08 Oct 2018 | 8 Years 0 Months | Current |
Auditor
Bhagyanagar Strips Private Limited is audited by Patwari & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Patwari & Co | FY 2023 | 006988S |
Shareholding
The shareholding of Bhagyanagar Strips 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 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 Strips Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2023 | 100706300 | State Bank of India | ₹22 Cr | Open | |
| 14 Jun 2022 | 100594146 | Hdfc Bank Limited | ₹19.8 Cr | Open | |
| 24 Aug 2021 | 100484645 | Canara Bank | ₹16.9 Lakh | Open | |
| 30 Dec 2021 | 100520132 | Canara Bank | ₹1.8 Cr | Satisfied | |
| 31 Mar 2021 | 100438078 | Canara Bank | ₹11.8 Cr | Satisfied |
To see the full charge records of Bhagyanagar Strips Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Bhagyanagar Strips Private Limited has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in February 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Rights issue | ₹3.06 Cr | Investors: 3 individuals |
| Apr 2020 | Rights issue | ₹2.01 Cr | Investors: 2 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Rights issue | ₹97.3 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bhagyanagar Strips Private Limited has 3 court cases on record: 1 filed by Bhagyanagar Strips, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by RBL Bank Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by RBL Bank Limited | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Bhagyanagar Strips 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.
Credit ratings & regulatory alerts
Bhagyanagar Strips Private Limited was last rated by Icra on 23 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 23 Sep 2021 |
To see the full credit ratings and regulatory alerts of Bhagyanagar Strips Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhagyanagar Strips Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhagyanagar Strips has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCB9668F2ZE | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhagyanagar Strips Private Limited, buy the company report.
Recent activity
Bhagyanagar Strips Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Rashmi Agarwal ceased to be Director on 18 May 2022.
5 earlier events are in the company report.
Frequently asked questions
Bhagyanagar Strips is an active private limited company based in Secunderabad, Telangana, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 15 February 2002 (24+ years old) and is registered under CIN U27103TG2002PTC038517.
Bhagyanagar Strips has 2 current directors:
- Shlok Agarwal - Director
- Rishi Agarwal - Director
The latest financial statements of Bhagyanagar Strips on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhagyanagar Strips is 36AABCB9668F2ZE, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Bhagyanagar Strips is U27103TG2002PTC038517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagyanagar Strips has 3 court cases on record: 1 filed by the company and 2 filed against it.
Bhagyanagar Strips was incorporated on 15 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Hyderabad.
Bhagyanagar Strips has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in February 2022.
Rashmi Agarwal ceased to be Director on 18 May 2022. Shlok Agarwal ceased to be Additional Director on 30 Nov 2021. Shlok Agarwal was appointed as Director on 15 Jul 2021. Bhagyanagar Strips has 6 board changes on record in total.
The registered office of Bhagyanagar Strips is at 1 – 8 – 325 Second Floor Bapu Bagh Colony Pg Road, Secunderabad, Telangana, India – 500003.