Bharat Line Limited
About Bharat Line Limited
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Bharat Line Limited is a public limited company based in Bhavnagar, Gujarat, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 08 October 1945 and has been in existence for over 81 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U61100GJ1945PLC000855. Its GSTIN is 27AAACT3601R1Z3 (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹10 Lakh. It was formerly known as The Bharat Steamships Company Limited. It is led by directors including Khimji Gunvantrai Kamdar and Atul Mahadev Naik.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kundan Kunjghogha Circle, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.98 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹2.02 Cr (net margin -67.7%) and EBITDA of -₹1.4 Cr (EBITDA margin -46.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
As per MCA filings, the company has open charges of ₹97.5 Lakh and satisfied charges of ₹9.04 Cr on record. Court records list 42 cases involving the company, including 14 filed by the company and 28 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bharat Line Limited's registered office is in Bhavnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKundan Kunjghogha Circle, Bhavnagar, Gujarat, India – 364001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Bharat Line 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
Business activity
The main business activity of Bharat Line is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Bharat Line Limited, buy the company report.
Financials of Bharat Line Limited
FY 2025 filings availableBharat Line Limited reported revenue of ₹2.98 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 333% 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 | -₹1.4 Cr | ||||
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| Net Profit (PAT) | -₹2.02 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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| EBITDA Margin | -46.9% | ||||
| Net Profit Margin | -67.7% | ||||
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To see the full financial statements and ratios of Bharat Line Limited, buy the company report.
Board of directors of Bharat Line Limited
Bharat Line has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khimji Gunvantrai Kamdar | Director | 31 Aug 1983 | 43 Years 1 Months | Current |
| Atul Mahadev Naik | Director | 30 Sep 2006 | 20 Years 1 Months | Current |
| Dayalal Gunvantrai Kamdar | Director | 30 Sep 2011 | 15 Years 1 Months | Current |
| Chetan Santosh Kamdar | Director | 11 Nov 2022 | 3 Years 11 Months | Current |
| Jayant Rameshchandra Kamdar | Director | 31 Oct 2023 | 2 Years 11 Months | Current |
| Santoshbhai Gunvantbhai Kamdar | Director | 30 Sep 2011 | 15 Years 1 Months | Current |
Peer comparison
Bharat Line Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarnath Builders Limited | ₹2.98 Cr (FY 2024) | 530.0% | Delhi, India | |||
| Lanner India Infrastructures Limited | ₹2.98 Cr (FY 2025) | 1.0% | Gorakhpur, Uttar Pradesh, India | |||
| Bharat Line Limitedthis company | ₹2.98 Cr (FY 2024) | -₹2.02 Cr | -67.7% | -7.0% | Bhavnagar, Gujarat, India | |
| MSR Smart Office Private Limited | ₹2.97 Cr (FY 2025) | -13.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Bharat Line Limited, buy the company report.
Auditor
Bharat Line Limited is audited by VATSARAJ AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VATSARAJ AND COMPANY | FY 2023 | 111327W |
Shareholding
The shareholding of Bharat Line Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bharat Line Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2016 | 100048462 | Others | ₹8.06 Cr | Satisfied | |
| 15 Mar 2016 | 100020410 | Others | ₹24.5 Lakh | Satisfied | |
| 18 Oct 2006 | 10023704 | Corporation Bank | ₹73 Lakh | Satisfied |
To see the full charge records of Bharat Line Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Bharat Line Limited has 42 court cases on record: 14 filed by Bharat Line, 28 filed against it. 3 cases are pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 23 | 2 |
| District courts | 15 | 5 | 1 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LEC) | Filed by the company against Messrs Sanghvi Parsssva Enterprise LLP | Pending |
| Bombay High Court | Appeal | Filed against the company by Messrs Lund and Blockley Private Limited | Pending |
| Bombay High Court | Appeal | Filed by the company against Messrs Lund and Blockley Private Limited | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed by the company against Messers Lund and Blockley Private Limited | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAE) | Filed by the company against Forum Private Limited and 26 others | Disposed |
To see the full case history of Bharat Line 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 Bharat Line Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bharat Line has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT3601R1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bharat Line Limited, buy the company report.
Recent activity
Bharat Line Limited has 12 board changes on record since 1983: 6 appointments and 6 cessations. The latest: Jayant Rameshchandra Kamdar ceased to be Additional Director on 27 Sep 2024.
10 earlier events are in the company report.
Frequently asked questions
Bharat Line is an active public limited company based in Bhavnagar, Gujarat, India. The company works in real estate financing, within the financial services industry. It was incorporated on 08 October 1945 (81+ years old) and is registered under CIN U61100GJ1945PLC000855.
Bharat Line has 6 current directors:
- Khimji Gunvantrai Kamdar - Director
- Atul Mahadev Naik - Director
- Dayalal Gunvantrai Kamdar - Director
- Chetan Santosh Kamdar - Director
- Jayant Rameshchandra Kamdar - Director
- Santoshbhai Gunvantbhai Kamdar - Director
The latest financial statements of Bharat Line on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bharat Line is 27AAACT3601R1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bharat Line is U61100GJ1945PLC000855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharat Line has 42 court cases on record: 14 filed by the company and 28 filed against it. 3 are pending. Most are in the high courts.
Bharat Line was incorporated on 08 October 1945, making it 81+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bharat Line by revenue are Sarnath Builders Limited, Lanner India Infrastructures Limited, MSR Smart Office Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Jayant Rameshchandra Kamdar ceased to be Additional Director on 27 Sep 2024. Jayant Rameshchandra Kamdar was appointed as Director on 31 Oct 2023. Chetan Santosh Kamdar ceased to be Additional Director on 28 Sep 2023. Bharat Line has 12 board changes on record in total.
The registered office of Bharat Line is at Kundan Kunjghogha Circle, Bhavnagar, Gujarat, India – 364001.
Bharat Line operates in the financial services industry, in the real estate financing segment.