About Bharat Papers Limited
Data last updated:
Bharat Papers Limited is a public limited company based in Ludhiana, Punjab, India, a subsidiary of Bbf Industries Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 07 September 2006.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U21093PB2006PLC030592. Its GSTIN is 01AACCB9474E2ZW (Jammu and Kashmir). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75.25 Cr and a paid-up capital of ₹74.53 Cr. It is led by directors including Baljinder Kumar Aggarwal (Managing Director) and Parveen Kumar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Village Bhamian Kalan Tajpur Road, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2019, the company reported a revenue of ₹17.72 Lakh, a growth of 87% compared to the previous year. For the same year it recorded a net loss of ₹14.07 Cr and EBITDA of ₹7.07 Lakh (EBITDA margin 39.9%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 40% over five years.
As per MCA filings, the company has open charges of ₹284 Cr and satisfied charges of ₹1.13 Cr on record. Court records list 43 cases involving the company, including 6 filed by the company and 37 filed against it; 3 cases are pending.
The last known website on record is bbfgroup.com.
Company details
Contact details
Bharat Papers Limited's registered office is in Ludhiana, Punjab. Its website is bbfgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage Bhamian Kalan Tajpur Road, Ludhiana, Punjab, India – 141001
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Bharat Papers 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 Bharat Papers Limited
FY 2019 filings availableBharat Papers Limited reported revenue of ₹17.72 Lakh (up 87% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 87% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 40%. EBITDA rose 657% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17.72 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.07 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.9% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Papers Limited, buy the company report.
Board of directors of Bharat Papers Limited
Bharat Papers has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parveen Kumar Also directs: J C Containers Pvt. Ltd. | Director | 07 Sep 2006 | 20 Years 1 Months | As last reported |
| Vijay Kishore Saxena Also directs: Leafherbs Healthcare Private Limited | Irp/Rp/Liquidator | 05 Aug 2025 | 1 Years 2 Months | As last reported |
| Anil Kumar Also directs: J C Containers Pvt. Ltd., BHS Green Industries Limited | Director | 07 Sep 2006 | 20 Years 1 Months | As last reported |
| Rajinder Kumar Also directs: J C Containers Pvt. Ltd. | Director | 07 Sep 2006 | 20 Years 1 Months | As last reported |
| Baljinder Kumar Aggarwal Also directs: TDC Foods Private Limited, J C Containers Pvt. Ltd. | Managing Director | 07 Sep 2006 | 20 Years 1 Months | As last reported |
Peer comparison
Bharat Papers Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Paper), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anupra Papers Private Limited | ₹18.04 Lakh (FY 2025) | 91.0% | Delhi, India | |||
| Usman Pulp & Paper Mills Private Limited | ₹18.01 Lakh (FY 2025) | 0.0% | Vapi, Gujarat, India | |||
| MSR Paper Creation Private Limited | ₹17.98 Lakh (FY 2024) | New Delhi, Delhi, India | ||||
| Brightsun Technocraft Private Limited | ₹17.81 Lakh (FY 2019) | -90.0% | New Delhi, Delhi, India | |||
| Duro International Packaging Private Limited | ₹17.75 Lakh (FY 2025) | -62.0% | Mumbai, Maharashtra, India | |||
| Bharat Papers Limitedthis company | ₹17.72 Lakh (FY 2019) | -₹14.07 Cr | 87.0% | Ludhiana, Punjab, India | ||
| Sho Bags India Private Limited | ₹17.71 Lakh (FY 2025) | 10.0% | Delhi, India | |||
| JBP Agrotech & Trading Private Limited | ₹17.63 Lakh (FY 2024) | -53.0% | Palghar, Maharashtra, India | |||
| Paper Design India Private Limited | ₹17.56 Lakh (FY 2024) | -68.0% | Mumbai, Maharashtra, India | |||
| Sat N Paper Educational Institutions Private Limited | ₹17.56 Lakh (FY 2025) | -6.0% | Rohtak, Haryana, India | |||
| Aakar Paper Products Private Limited | ₹17.55 Lakh (FY 2025) | -66.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Bharat Papers Limited, buy the company report.
Auditor
Bharat Papers Limited is audited by VIJAY K JINDAL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY K JINDAL & ASSOCIATES | FY 2019 | 010306N |
Shareholding
The shareholding of Bharat Papers Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bharat Papers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2009 | 10172430 | State Bank of India | ₹62 Cr | Open | |
| 11 May 2009 | 10166106 | State Bank of India | ₹45 Cr | Open | |
| 11 May 2009 | 10166100 | State Bank of India | ₹20 Cr | Open | |
| 08 Jan 2009 | 10136313 | Jammu & Kashmir Bank Ltd. | ₹5 Cr | Open | |
| 13 Jun 2008 | 10113485 | Karur Vysya Bank | ₹12 Cr | Open |
To see the full charge records of Bharat Papers Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Bharat Papers Limited has 43 court cases on record: 6 filed by Bharat Papers, 37 filed against it. 3 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 32 | 2 |
| High courts | 8 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed against the company by Cellpap Mercantile Pvt. Ltd. | Pending |
| NCLT, NCLT Chandigarh | Insolvency matter | Filed against the company by Cellpap Mercantile Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Ms Cellpap Mercantile Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Ramsons Cycles Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Cepppap Mercantile Pvt Ltd | Disposed |
To see the full case history of Bharat Papers 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 Papers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bharat Papers Limited has 1 active EPFO establishment as of Mar 30, 2024.
GST
Bharat Papers has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AACCB9474E2ZW | Jammu and Kashmir | Active | 08 Dec 2020 |
To see the full GST registrations and return filing status of Bharat Papers Limited, buy the company report.
Recent activity
Bharat Papers Limited has 10 board changes on record since 2006: 5 appointments and 5 cessations. The latest: Vijay Kishore Saxena was appointed as Irp/Rp/Liquidator on 05 Aug 2025.
34 earlier events are in the company report.
Frequently asked questions
Bharat Papers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Bharat Papers is a company under insolvency, formerly operating as a public limited company based in Ludhiana, Punjab, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 07 September 2006 and is registered under CIN U21093PB2006PLC030592. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Bharat Papers has 5 current directors:
- Baljinder Kumar Aggarwal - Managing Director
- Parveen Kumar - Director
- Anil Kumar - Director
- Rajinder Kumar - Director
- Vijay Kishore Saxena - Irp/Rp/Liquidator
The latest financial statements of Bharat Papers on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bharat Papers is U21093PB2006PLC030592. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharat Papers has open charges of ₹284 Cr and satisfied charges of ₹1.13 Cr as per latest MCA filings.
Bharat Papers has 43 court cases on record: 6 filed by the company and 37 filed against it. 3 are pending. Most are in the district courts.
Bharat Papers was incorporated on 07 September 2006. It is registered with the Registrar of Companies, Chandigarh.
The peers of Bharat Papers by revenue are Anupra Papers Private Limited, Usman Pulp & Paper Mills Private Limited, MSR Paper Creation Private Limited, Brightsun Technocraft Private Limited, Duro International Packaging Private Limited and 5 more, all in the Manufacturing industry (Paper).
Vijay Kishore Saxena was appointed as Irp/Rp/Liquidator on 05 Aug 2025. Pardeep Kumar ceased to be Cfo(Kmp) on 17 Dec 2018. Sonia ceased to be Company Secretary on 17 Dec 2018. Bharat Papers has 10 board changes on record in total.
Bharat Papers can be reached through the website bbfgroup.com. Its registered office is in Ludhiana, Punjab, India.