Bharat Acids & Petrochem Limited

Bharat Acids & Petrochem Limited - chemicals and materials in Sahnewal, Punjab, India. Directors, charges & compliance details.
CIN U11100PB1981PLC004733 Incorporated 25 November 1981 ROC Chandigarh HQ Sahnewal, Punjab, India
Converted to LLP Public Limited Company chemicals and materials
Revenue · FY 2020
₹20.96 Lakh
▼ 24% YoY
Net loss · FY 2020
₹817
Net margin 0%
EBITDA · FY 2020
₹1.92 Lakh
EBITDA margin 9.2%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹18 Lakh
Issued & subscribed
Satisfied charges
₹1.45 Cr
No open charges
Company age
45 yrs
Est. 1981
GST registrations
1
None active

About Bharat Acids & Petrochem Limited

Data last updated:

Bharat Acids & Petrochem Limited was a public limited company based in Sahnewal, Punjab, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 25 November 1981.

The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U11100PB1981PLC004733. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹18 Lakh. It was formerly known as Bharat Agencies Coal Sales Limited.

Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Vill Tibba Dehlon Road, Sahnewal, Punjab, India – 141120.

As per the financials filed for FY 2020, the company reported a revenue of ₹20.96 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹817 (net margin 0%) and EBITDA of ₹1.92 Lakh (EBITDA margin 9.2%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 50% over five years.

As per MCA filings, the company has satisfied charges of ₹1.45 Cr on record.

Company details

CIN U11100PB1981PLC004733
Registration Number 004733
Incorporation Date 25 November 1981
ROC Chandigarh
Listing Status Unlisted
Company Status Converted to LLP
Compliance Status Active Compliant

CIN history

Bharat Acids & Petrochem has one previous CIN (Corporate Identification Number): U52395PB1981PLC004733. The current CIN is U11100PB1981PLC004733, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U11100PB1981PLC004733Current
U52395PB1981PLC004733Previous

Contact details

Bharat Acids & Petrochem Limited's registered office is in Sahnewal, Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Vill Tibba Dehlon Road, Sahnewal, Punjab, India – 141120
  • Industry
    Chemicals and Materials, Chemical Distribution & Retail

To see the full contact details of Bharat Acids & Petrochem Limited, buy the company report.

Comprehensive company report
Bharat Acids & Petrochem 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 Bharat Acids & Petrochem is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Bharat Acids & Petrochem Limited, buy the company report.

Financials of Bharat Acids & Petrochem Limited

FY 2020 filings available

Bharat Acids & Petrochem Limited reported revenue of ₹20.96 Lakh (down 24% YoY) for FY 2020.

Revenue · FY 2020
₹20.96 Lakh ▼ 24%
Net loss · FY 2020
₹817 margin 0%
EBITDA · FY 2020
₹1.92 Lakh margin 9.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 10%
5 years · compounded
▼ 50%
EBITDA CAGR growth
1 year
▼ 35%
3 years · compounded
▲ 34%
5 years · compounded
▼ 33%

Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 24% fall in the latest year. EBITDA fell 35% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations₹20.96 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.92 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹817
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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin9.2%
Net Profit Margin0%
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 Bharat Acids & Petrochem Limited, buy the company report.

Board of directors of Bharat Acids & Petrochem Limited

Bharat Acids & Petrochem has 4 former directors on record and no current directors listed.

Peer comparison

Bharat Acids & Petrochem Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kaithshore Trading Private Limited₹21.05 Lakh (FY 2025)1645.0%Taliparamba, Kerala, India
Bharat Acids & Petrochem Limitedthis company₹20.96 Lakh (FY 2020)-₹8170%-24.0%Sahnewal, Punjab, India
Metacast India Private Limited₹20.86 Lakh (FY 2025)-98.0%Kosi Kalan, Uttar Pradesh, India
Shree Harshadi Industries Private Limited₹20.66 Lakh (FY 2025)-22.0%Mumbai, Maharashtra, India

To see the full peer comparison of Bharat Acids & Petrochem Limited, buy the company report.

Auditor

Bharat Acids & Petrochem Limited is audited by M P GOYAL & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
M P GOYAL & COFY 2020000962N

Shareholding

The shareholding of Bharat Acids & Petrochem Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bharat Acids & Petrochem Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1.45 Cr
Breakdown by lending institutions
Punjab National Bank₹1.33 Cr
Others₹0.12 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Sep 2017100129658Others₹7.3 LakhSatisfied
25 Jul 2017100117534Others₹4.85 LakhSatisfied
02 Feb 200090182668Punjab National Bank₹2.6 LakhSatisfied
14 Oct 199990180197Punjab National Bank₹80 LakhSatisfied
14 Oct 199990178035Punjab National Bank₹35 LakhSatisfied

To see the full charge records of Bharat Acids & Petrochem Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bharat Acids & Petrochem Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Bharat Acids & Petrochem has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Bharat Acids & Petrochem Limited, buy the company report.

Recent activity

Bharat Acids & Petrochem Limited has 4 board changes on record since 2017: 0 appointments and 4 cessations. The latest: Bimal Kumar Jain ceased to be Director on 28 May 2021.

Ceased
Bimal Kumar Jain ceased to be Director.
Ceased
Divya Jain ceased to be Whole-Time Director.
Ceased
Krishna Jain ceased to be Director.
AGM
Bharat Acids & Petrochem Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Filing
Bharat Acids & Petrochem Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chandigarh.
Charges
A charge registered on 22 Sep 2017 via Charge ID 100129658 with Others was fully satisfied on 06 Aug 2019.
Charges
A charge registered on 25 Jul 2017 via Charge ID 100117534 with Others was fully satisfied on 06 Aug 2019.
Ceased
Abhinandan Jain ceased to be Director.
Charges
A charge with Others amounted to Rs. 7.30 Lakh with Charge ID 100129658 was registered on 22 Sep 2017.
Charges
A charge with Others amounted to Rs. 4.85 Lakh with Charge ID 100117534 was registered on 25 Jul 2017.
Charges
A charge registered on 02 Feb 2000 via Charge ID 90182668 with Punjab National Bank was fully satisfied on 12 Jul 2017.
Charges
A charge registered on 14 Oct 1999 via Charge ID 90180197 with Punjab National Bank was fully satisfied on 12 Jul 2017.

7 earlier events are in the company report.

Frequently asked questions

Bharat Acids & Petrochem has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Bharat Acids & Petrochem was a public limited company based in Sahnewal, Punjab, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 25 November 1981 and is registered under CIN U11100PB1981PLC004733. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Bharat Acids & Petrochem is U11100PB1981PLC004733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bharat Acids & Petrochem was incorporated on 25 November 1981. It is registered with the Registrar of Companies, Chandigarh.

The registered office of Bharat Acids & Petrochem is at Vill Tibba Dehlon Road, Sahnewal, Punjab, India – 141120.

The latest financial statements of Bharat Acids & Petrochem on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.

No. Bharat Acids & Petrochem has 1 GST registration on record and it is cancelled or inactive.

Bharat Acids & Petrochem operated in the chemicals and materials industry, in the chemical distribution and retail segment.

The peers of Bharat Acids & Petrochem by revenue are Kaithshore Trading Private Limited, Metacast India Private Limited, Shree Harshadi Industries Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).

Bimal Kumar Jain ceased to be Director on 28 May 2021. Divya Jain ceased to be Whole-Time Director on 28 May 2021. Krishna Jain ceased to be Director on 28 May 2021. Bharat Acids & Petrochem has 4 board changes on record in total.

Bharat Acids & Petrochem has no open charges and satisfied charges of ₹1.45 Cr as per latest MCA filings.