MSME (Udyam registered) Ministry of MSME
- Category
- Small (2020-21)
- Udyam number
- UDYAM-TN-24-0014159
Bharat Refrigerations Private Limited - transport and logistics in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹34.65 Cr
▲ 45% YoY
Net profit · FY 2025
₹20.33 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹87.29 Lakh
EBITDA margin 2.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.51 Cr
Issued & subscribed
Satisfied charges
₹1.7 Cr
No open charges
Company age
21 yrs
Est. 2005
Employees · EPFO
19
Provident fund records
About Bharat Refrigerations Private Limited
Data last updated:
Bharat Refrigerations Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Ice Make Refrigeration Limited. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 28 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29191GJ2005PTC113576. Its GSTIN is 24AACCB6536B2Z5 (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.51 Cr. It is led by directors including Rajendrabhai Popatbhai Patel and Vipulbhai Ishwarbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 1 Vasupujya Chamber Near Navdeep Building Income Tax Cross Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.65 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹20.33 Lakh (net margin 0.6%) and EBITDA of ₹87.29 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 39% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bharat REF. As per MCA filings, the company has satisfied charges of ₹1.7 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹39.6 Lakh; the latest was in December 2017.
Bharat Refrigerations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0014159). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bharatref.in.
Company details
CIN U29191GJ2005PTC113576
Registration Number 113576
Incorporation Date 28 March 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ice Make Refrigeration Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-24-0014159
CIN history
Bharat Refrigerations has one previous CIN (Corporate Identification Number): U29191TN2005PTC055780. The current CIN is U29191GJ2005PTC113576, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29191GJ2005PTC113576 | Current |
| U29191TN2005PTC055780 | Previous |
Key People
Rajendrabhai Popatbhai Patel Director Vipulbhai Ishwarbhai Patel Director Chandrakant Popatbhai Patel Director Recognitions & Rankings of Bharat Refrigerations
Contact details
Bharat Refrigerations Private Limited's registered office is in Ahmedabad, Gujarat. Its website is bharatref.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 1 Vasupujya Chamber Near Navdeep Building Income Tax Cross Road, Ahmedabad, Gujarat, India – 380009
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Bharat Refrigerations Private Limited, buy the company report.
Comprehensive company report
Bharat Refrigerations 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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Brands
Bharat Refrigerations operates one associated brand: Bharat REF. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacture of refrigeration equipment for food processing and industrial cooling applications. | bharatref.in |
Business activity
The main business activity of Bharat Refrigerations is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Bharat Refrigerations Private Limited, buy the company report.
Financials of Bharat Refrigerations Private Limited
FY 2025 filings availableBharat Refrigerations Private Limited reported revenue of ₹34.65 Cr (up 45% YoY) for FY 2025.
Revenue · FY 2025
₹34.65 Cr ▲ 45%
Net profit · FY 2025
₹20.33 Lakh margin 0.6%
EBITDA · FY 2025
₹87.29 Lakh margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 33%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 151%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 45% growth in the latest year. EBITDA rose 61% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹87.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bharat Refrigerations Private Limited, buy the company report.
Board of directors of Bharat Refrigerations Private Limited
Bharat Refrigerations has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendrabhai Popatbhai Patel | Director | 15 Dec 2016 | 9 Years 10 Months | Current |
| Vipulbhai Ishwarbhai Patel Also directs: Ice Make Refrigeration Limited, Ice Make Horeca Private Limited | Director | 15 Dec 2016 | 9 Years 10 Months | Current |
| Chandrakant Popatbhai Patel | Director | 15 Dec 2016 | 9 Years 10 Months | Current |
Auditor
Bharat Refrigerations Private Limited is audited by Ashok P Patel & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashok P Patel & Co | FY 2023 | 112843W |
Shareholding
The shareholding of Bharat Refrigerations Private 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 Refrigerations Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2006 | 10013902 | State Bank of India | ₹1.7 Cr | Satisfied |
To see the full charge records of Bharat Refrigerations Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Bharat Refrigerations Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹39.6 Lakh; the latest was in December 2017.
Total deals
3
Rights issue
1
Funding round
1
Secondary share transfer
1
Disclosed funding
₹39.6 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Rights issue | ₹1.1 Cr | Investors: Ice Make Refrigeration Limited |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: Ice Make Refrigeration Limited , Ice Make Refrigeration Limited & Chandrakant Popatbhai Patel Seller: 3 individuals |
| Oct 2008 | Funding round | ₹39.6 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bharat Refrigerations Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Port Blair, Andaman and Nicobar | Court case (Other Suit) | Filed against the company by an individual | Pending |
To see the full case history of Bharat Refrigerations 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bharat Refrigerations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bharat Refrigerations Private Limited has a workforce of 19 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
5.56%
GST
Bharat Refrigerations has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCB6536B2Z5 | Gujarat | Active | 07 Mar 2023 |
| 33AACCB6536B1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bharat Refrigerations Private Limited, buy the company report.
Recent activity
Bharat Refrigerations Private Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Chandrakant Popatbhai Patel ceased to be Additional Director on 08 Sep 2017.
AGM
Bharat Refrigerations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bharat Refrigerations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Chandrakant Popatbhai Patel ceased to be Additional Director.
Ceased
Rajendrabhai Popatbhai Patel ceased to be Additional Director.
Ceased
Vipulbhai Ishwarbhai Patel ceased to be Additional Director.
Charges
A charge registered on 07 Aug 2006 via Charge ID 10013902 with State Bank Of India was fully satisfied on 23 Dec 2016.
Ceased
Venu T M ceased to be Managing Director.
Appointed
Chandrakant Popatbhai Patel was appointed as Director.
Appointed
Rajendrabhai Popatbhai Patel was appointed as Director.
Ceased
Ravilla Bharathi ceased to be Director.
Ceased
Venu Nithya ceased to be Director.
Appointed
Vipulbhai Ishwarbhai Patel was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Bharat Refrigerations is an active private limited company based in Ahmedabad, Gujarat, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 28 March 2005 (21+ years old) and is registered under CIN U29191GJ2005PTC113576.
Bharat Refrigerations has 3 current directors:
- Rajendrabhai Popatbhai Patel - Director
- Vipulbhai Ishwarbhai Patel - Director
- Chandrakant Popatbhai Patel - Director
The latest financial statements of Bharat Refrigerations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bharat Refrigerations is 24AACCB6536B2Z5, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AACCB6536B1Z7 (Tamil Nadu).
The CIN (Corporate Identification Number) of Bharat Refrigerations is U29191GJ2005PTC113576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharat Refrigerations has 1 court case on record: 1 filed against it. 1 is pending.
Bharat Refrigerations was incorporated on 28 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bharat Refrigerations has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹39.6 Lakh; the latest was in December 2017.
Chandrakant Popatbhai Patel ceased to be Additional Director on 08 Sep 2017. Rajendrabhai Popatbhai Patel ceased to be Additional Director on 08 Sep 2017. Vipulbhai Ishwarbhai Patel ceased to be Additional Director on 08 Sep 2017. Bharat Refrigerations has 9 board changes on record in total.
Yes, Bharat Refrigerations is registered as a small enterprise under Udyam registration (number: UDYAM-TN-24-0014159).