Bharat Radiators Industries Private Limited

Bharat Radiators Industries Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29198MH1978PTC020848 Incorporated 15 December 1978 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2023
₹55,823
▼ 20% YoY
Net loss · FY 2023
₹4.12 Lakh
Latest filing
EBITDA · FY 2023
-₹4.12 Lakh
Latest filing
Authorised capital
₹2.65 Cr
Registered with MCA
Paid-up capital
₹1.22 Cr
Issued & subscribed
Satisfied charges
₹34.47 Cr
No open charges
Company age
48 yrs
Est. 1978
Directors on board
3
As per MCA filings

About Bharat Radiators Industries Private Limited

Data last updated:

Bharat Radiators Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 15 December 1978 and has been in existence for over 48 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29198MH1978PTC020848. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹2.65 Cr and a paid-up capital of ₹1.22 Cr. It was formerly known as Shivalik Heat Exchangers Private Limited. It is led by directors including Gauri Mohan Pohoomul and Czaee Suketu Shah.

Its last annual general meeting (AGM) was held on 12 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O. A.G. Daftary Unique House 2nd Floor S.A. Brelvi Road Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2023, the company reported a revenue of ₹55,823, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹4.12 Lakh and EBITDA of -₹4.12 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 27% over five years.

As per MCA filings, the company has satisfied charges of ₹34.47 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bharathradiators.com.

Company details

CIN U29198MH1978PTC020848
Registration Number 020848
Incorporation Date 15 December 1978
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 August 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Bharat Radiators Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is bharathradiators.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C/O. A.G. Daftary Unique House 2nd Floor S.A. Brelvi Road Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Financial Services, Real Estate Financing

To see the full contact details of Bharat Radiators Industries Private Limited, buy the company report.

Comprehensive company report
Bharat Radiators Industries Private 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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Financials of Bharat Radiators Industries Private Limited

FY 2024 filings available

Bharat Radiators Industries Private Limited reported revenue of ₹55,823 (down 20% YoY) for FY 2023.

Revenue · FY 2023
₹55,823 ▼ 20%
Net loss · FY 2023
₹4.12 Lakh
EBITDA · FY 2023
-₹4.12 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 43%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▲ 75%
3 years · compounded
▼ 51%
5 years · compounded
▼ 45%

Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 20% fall in the latest year. EBITDA rose 75% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹55,823
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹4.12 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.12 Lakh
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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
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
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 Radiators Industries Private Limited, buy the company report.

Board of directors of Bharat Radiators Industries Private Limited

Bharat Radiators Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gauri Mohan PohoomulDirector03 Oct 198442 Years 1 MonthsCurrent
Czaee Suketu ShahDirector10 Mar 198442 Years 7 MonthsCurrent
Kavita Khanna VinodDirector03 Oct 198442 Years 1 MonthsCurrent

Peer comparison

Bharat Radiators Industries Private Limited is compared with the 8 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Deorah Developers and Associates Limited₹57,040 (FY 2025)-97.0%Alwar, Rajasthan, India
Gullu Properties Private Limited₹57,000 (FY 2024)4.0%Jaipur, Rajasthan, India
Sim Prabha Estates and Trading Company Pvt Ltd₹56,703 (FY 2025)81.0%Mumbai, Maharashtra, India
Avshar Merchants Pvt. Ltd.₹55,827 (FY 2023)-67.0%Kolkata, West Bengal, India
Bharat Radiators Industries Private Limitedthis company₹55,823 (FY 2023)-₹4.12 Lakh-20.0%Mumbai, Maharashtra, India
Kripa Properties Private Limited₹55,810 (FY 2025)-50.0%Mumbai, Maharashtra, India
Kaivalya Infratech Private Limited₹55,500 (FY 2023)4.0%Agra, Uttar Pradesh, India
Robotics Solutions Private Limited₹55,426 (FY 2025)-25.0%Kolkata, West Bengal, India
Arvind Housing Complex Pvt. Ltd.₹55,000 (FY 2025)Kolkata, West Bengal, India

To see the full peer comparison of Bharat Radiators Industries Private Limited, buy the company report.

Auditor

Bharat Radiators Industries Private Limited is audited by AJAY SEKHRI & COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AJAY SEKHRI & COMPANYFY 2023140181W

Shareholding

The shareholding of Bharat Radiators Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Bharat Radiators Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹34.47 Cr
Breakdown by lending institutions
Canara Bank₹28.52 Cr
Dena Bank₹3.01 Cr
The Industrial Credit and Invest. Corp. of Inida Limited₹1.68 Cr
I.D.B.I.₹1.00 Cr
Housing Development Finance Corp. Ltd.₹0.16 Cr
Others₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Nov 199990237973Canara Bank₹11.46 CrSatisfied
04 Nov 199990232754Canara Bank₹11.46 CrSatisfied
16 Nov 199590232675Canara Bank₹4.21 CrSatisfied
11 Oct 199590232673Housing Development Finance Corp. Ltd.₹5.84 LakhSatisfied
14 Jan 199590235656Canara Bank₹70 LakhSatisfied

To see the full charge records of Bharat Radiators Industries Private Limited, buy the company report.

Total charge records: 24 View all charges

MSME payment delays

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

GST

Bharat Radiators Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Bharat Radiators Industries Private Limited, buy the company report.

Recent activity

Bharat Radiators Industries Private Limited has 4 board changes on record since 1984: 3 appointments and 1 cessation. The latest: Sharayu Daftary ceased to be Director on 16 May 2025.

Ceased
Sharayu Daftary ceased to be Director.
AGM
Bharat Radiators Industries Private Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.
Filing
Bharat Radiators Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 23 Jun 1992 via Charge ID 90233841 with The Industrial Credit And Invest. Corp. Of Inida Limited was fully satisfied on 31 Jan 2022.
Charges
A charge registered on 18 Mar 1991 via Charge ID 90235474 with The Industrial Credit And Invest. Corp. Of Inida Limited was fully satisfied on 31 Jan 2022.
Charges
A charge registered on 18 Mar 1991 via Charge ID 90233723 with The Industrial Credit And Invest. Corp. Of Inida Limited was fully satisfied on 31 Jan 2022.
Charges
A charge registered on 18 Mar 1994 via Charge ID 90233979 with I.D.B.I. was fully satisfied on 10 Dec 2021.
Charges
A charge registered on 16 Nov 1995 via Charge ID 90232675 with Canara Bank was fully satisfied on 01 Nov 2021.
Charges
A charge registered on 19 Oct 1994 via Charge ID 90234049 with Dena Bank was fully satisfied on 01 Nov 2021.
Charges
A charge registered on 10 Jun 1994 via Charge ID 90234009 with Dena Bank was fully satisfied on 01 Nov 2021.
Charges
A charge registered on 11 Mar 1994 via Charge ID 90233977 with Dena Bank was fully satisfied on 01 Nov 2021.
Charges
A charge registered on 11 Oct 1993 via Charge ID 90233945 with Dena Bank was fully satisfied on 01 Nov 2021.

55 earlier events are in the company report.

Frequently asked questions

Bharat Radiators Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 15 December 1978 (48+ years old) and is registered under CIN U29198MH1978PTC020848.

Bharat Radiators Industries has 3 current directors:

The latest financial statements of Bharat Radiators Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 12 August 2024. Year-wise statements from 2015 are in the company report.

No. Bharat Radiators Industries has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Bharat Radiators Industries is U29198MH1978PTC020848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bharat Radiators Industries has 3 court cases on record: 3 filed against it.

Bharat Radiators Industries was incorporated on 15 December 1978, making it 48+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Bharat Radiators Industries by revenue are Deorah Developers and Associates Limited, Gullu Properties Private Limited, Sim Prabha Estates and Trading Company Pvt Ltd, Avshar Merchants Pvt. Ltd, Kripa Properties Private Limited and 3 more, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).

Sharayu Daftary ceased to be Director on 16 May 2025. Gauri Mohan Pohoomul was appointed as Director on 03 Oct 1984. Kavita Khanna Vinod was appointed as Director on 03 Oct 1984. Bharat Radiators Industries has 4 board changes on record in total.

Bharat Radiators Industries can be reached through the website bharathradiators.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Bharat Radiators Industries is at CO. A.G. Daftary Unique House 2nd Floor S.A. Brelvi Road Fort, Mumbai, Maharashtra, India – 400001.