MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0010400
Bharat Sales India Private Limited
Bharat Sales India Private Limited - trading in Govandi, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.6 Cr
▼ 56% YoY
Net loss · FY 2024
₹2.69 Cr
Net margin -40.7%
EBITDA · FY 2024
-₹2.2 Cr
EBITDA margin -33.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹47.75 Lakh
Satisfied ₹50 Lakh
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Bharat Sales India Private Limited
Data last updated:
Bharat Sales India Private Limited is a private limited company based in Govandi, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 07 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2018PTC304890. Its GSTIN is 27AAHCB6473E1ZL (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Rajesh Jhamandas Ramrakhyani and Lachhman Khubchand Varindani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.231 Gala No B – 005 Arjun Centre Govandi Station Road Gova, Ndi East, Maharashtra, India – 400088.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.6 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹2.69 Cr (net margin -40.7%) and EBITDA of -₹2.2 Cr (EBITDA margin -33.3%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹47.75 Lakh and satisfied charges of ₹50 Lakh on record. Court records list 17 cases involving the company, including 17 filed against it; 9 cases are pending.
Bharat Sales India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0010400). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909MH2018PTC304890
Registration Number 304890
Incorporation Date 07 February 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0010400
Recognitions & Rankings of Bharat Sales India
Contact details
Bharat Sales India Private Limited's registered office is in Govandi, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.231 Gala No B – 005 Arjun Centre Govandi Station Road Gova, Ndi East, Maharashtra, India – 400088
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Bharat Sales India Private Limited, buy the company report.
Comprehensive company report
Bharat Sales India 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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Business activity
The main business activity of Bharat Sales India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Bharat Sales India Private Limited, buy the company report.
Financials of Bharat Sales India Private Limited
FY 2024 filings availableBharat Sales India Private Limited reported revenue of ₹6.6 Cr (down 56% YoY) for FY 2024.
Revenue · FY 2024
₹6.6 Cr ▼ 56%
Net loss · FY 2024
₹2.69 Cr margin -40.7%
EBITDA · FY 2024
-₹2.2 Cr margin -33.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 56%
3 years · compounded
▼ 29%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 464%
3 years · compounded
▼ 98%
5 years · compounded
▼ 78%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 56% fall in the latest year. EBITDA fell 464% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.69 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 | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.3% | ||||
| Net Profit Margin | -40.7% | ||||
| 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 Sales India Private Limited, buy the company report.
Board of directors of Bharat Sales India Private Limited
Bharat Sales India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Jhamandas Ramrakhyani | Director | 05 May 2018 | 8 Years 6 Months | Current |
| Lachhman Khubchand Varindani | Director | 07 Feb 2018 | 8 Years 9 Months | Current |
Peer comparison
Bharat Sales India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nayak Engineering Private Limited | ₹6.6 Cr (FY 2019) | -6.0% | Mumbai, Maharashtra, India | |||
| Triukuta Metal Private Limited | ₹6.6 Cr (FY 2025) | 303.0% | Kaladera, Rajasthan, India | |||
| Dhanvirdhi Financial Consultants Private Limited | ₹6.6 Cr (FY 2025) | 76.0% | Surat, Gujarat, India | |||
| Manthan Dealcomm Private Limited | ₹6.6 Cr (FY 2025) | 564.0% | Howrah, West Bengal, India | |||
| Compusoft Advisors (India) Private Limited | ₹6.6 Cr (FY 2025) | -3.0% | Thane, Maharashtra, India | |||
| Bharat Sales India Private Limitedthis company | ₹6.6 Cr (FY 2024) | -₹2.69 Cr | -40.7% | -56.0% | Govandi, Maharashtra, India | |
| S.P. Organics Private Limited | ₹6.6 Cr (FY 2025) | 19.0% | Madhya Pradesh, India | |||
| Z Revolution Tech Private Limited | ₹6.6 Cr (FY 2024) | 1327.0% | Gurgaon, Haryana, India | |||
| Mysterious Metal Private Limited | ₹6.59 Cr (FY 2020) | -17.0% | Jharsuguda, Odisha, India | |||
| Gursai Motors Private Limited | ₹6.59 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Garden City Agro Exports Private Limited | ₹6.59 Cr (FY 2021) | 34.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Bharat Sales India Private Limited, buy the company report.
Auditor
Bharat Sales India Private Limited is audited by BALANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALANI & ASSOCIATES | FY 2023 | 112756 |
Shareholding
The shareholding of Bharat Sales India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bharat Sales India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹47.75 Lakh
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2021 | 100511193 | Axis Bank Limited | ₹7.75 Lakh | Open | |
| 30 Aug 2019 | 100291940 | Yes Bank Limited | ₹40 Lakh | Open | |
| 11 Jun 2019 | 100272014 | Others | ₹25 Lakh | Satisfied | |
| 06 Jun 2019 | 100272012 | Others | ₹25 Lakh | Satisfied |
To see the full charge records of Bharat Sales India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Bharat Sales India Private Limited has 17 court cases on record: 17 filed against it. 9 cases are pending and 8 are disposed.
Total cases
17
Filed against the company
17
Pending
9
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 17 | 9 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Protium Finance Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by RBL Bank Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Accura Capital Private Ltd Through Authorized Representative Mr Manoj Tiwary S/O Mr Sevajit Tiwari | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Aditya Birla Finance Limited-Abhaykumar D Dholakiya | Pending |
To see the full case history of Bharat Sales India 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 Sales India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bharat Sales India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCB6473E1ZL | Maharashtra | Active | 09 Mar 2018 |
To see the full GST registrations and return filing status of Bharat Sales India Private Limited, buy the company report.
Recent activity
Bharat Sales India Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Suresh Khubchand Varandani ceased to be Director on 03 Dec 2023.
AGM
Bharat Sales India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bharat Sales India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Suresh Khubchand Varandani ceased to be Director.
Ceased
Mohit Rajesh Ramrakhiyani ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 7.75 Lakh with Charge ID 100511193 was registered on 27 Sep 2021.
Charges
A charge registered on 11 Jun 2019 via Charge ID 100272014 with Others was fully satisfied on 05 Nov 2019.
Charges
A charge registered on 06 Jun 2019 via Charge ID 100272012 with Others was fully satisfied on 05 Nov 2019.
Charges
A charge with Yes Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 100291940 was registered on 30 Aug 2019.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100272014 was registered on 11 Jun 2019.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100272012 was registered on 06 Jun 2019.
Appointed
Rajesh Jhamandas Ramrakhyani was appointed as Director.
Appointed
Lachhman Khubchand Varindani was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Bharat Sales India is an active private limited company based in Govandi, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 07 February 2018 (8+ years old) and is registered under CIN U51909MH2018PTC304890.
Bharat Sales India has 2 current directors:
- Rajesh Jhamandas Ramrakhyani - Director
- Lachhman Khubchand Varindani - Director
The latest financial statements of Bharat Sales India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Bharat Sales India is 27AAHCB6473E1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bharat Sales India is U51909MH2018PTC304890. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharat Sales India has 17 court cases on record: 17 filed against it. 9 are pending.
Bharat Sales India was incorporated on 07 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bharat Sales India by revenue are Nayak Engineering Private Limited, Triukuta Metal Private Limited, Dhanvirdhi Financial Consultants Private Limited, Manthan Dealcomm Private Limited, Compusoft Advisors (India) Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Suresh Khubchand Varandani ceased to be Director on 03 Dec 2023. Mohit Rajesh Ramrakhiyani ceased to be Director on 17 Sep 2023. Rajesh Jhamandas Ramrakhyani was appointed as Director on 05 May 2018. Bharat Sales India has 4 board changes on record in total.
Yes, Bharat Sales India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0010400).
The registered office of Bharat Sales India is at Plot No.231 Gala No B – 005 Arjun Centre Govandi Station Road Gova, Ndi East, Maharashtra, India – 400088.
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