About Bharti Enterprises Limited.
Data last updated:
Bharti Enterprises Limited. was a public limited company based in New Delhi, Delhi, India, operated as a subsidiary of Bharti Enterprises (Holding) Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 22 May 2007.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74993DL2007PLC163757. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1,100 Cr and a paid-up capital of ₹693.29 Cr. It was led by directors including Soumen Ghosh (Managing Director) and Vernaz Mittal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Bharti Crescent 1 Nelson Mandela Road Vasant Kunj Pha, Se – II, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2017, the company reported a revenue of ₹29.6 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net profit of ₹40.53 Cr (net margin 136.9%) and EBITDA of ₹4.44 Cr (EBITDA margin 15%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years.
The company had about 43 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 2 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹44.02 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The last known website on record is bharti.com.
Company details
Contact details
Bharti Enterprises Limited.'s registered office is in New Delhi, Delhi. Its website is bharti.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressBharti Crescent 1 Nelson Mandela Road Vasant Kunj Pha, Se – II, New Delhi, Delhi, India – 110070
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Bharti Enterprises 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 Bharti Enterprises Limited.
FY 2017 filings availableBharti Enterprises Limited. reported revenue of ₹29.6 Cr (down 66% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over three years, including a 66% fall 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹29.6 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4.44 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹40.53 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 15% | ||
| Net Profit Margin | 136.9% | ||
| 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 Bharti Enterprises Limited., buy the company report.
Board of directors and KMP of Bharti Enterprises Limited.
Bharti Enterprises Limited. currently reports 5 directors and 1 key managerial person. 25 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Jain Also directs: Macglow Lighting Private Limited | Cfo | 27 Apr 2018 | 8 Years 5 Months | As last reported |
| Vernaz Mittal Also directs: Bharti Enterprises Limited, Selesa Realty Private Limited, Bharti (RBM) Holdings Private Limited and 5 more | Whole-Time Director | 23 Jul 2015 | 11 Years 3 Months | As last reported |
| Deepika Mittal Also directs: Bharti Enterprises Limited, Bharti (RM) Holdings Private Limited, Bharti (RM) Resources Private Limited and 5 more | Whole-Time Director | 23 Jul 2015 | 11 Years 3 Months | As last reported |
| Akhil Kumar Gupta | Director | 10 Nov 2009 | 16 Years 11 Months | As last reported |
| Soumen Ghosh Also directs: Cosmea Investment Holdco Private Limited, Soucar Holdings Private Limited, Tagetes Holdings Private Limited and 5 more | Managing Director | 17 Apr 2017 | 9 Years 6 Months | As last reported |
| Harjeet Singh Kohli Also directs: Bharti Life Insurance Company Limited, Bharti Enterprises Limited, Indus Towers Limited and 5 more | Whole-Time Director | 05 Sep 2016 | 10 Years 1 Months | As last reported |
Auditor
Bharti Enterprises Limited. is audited by J C BHALLA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J C BHALLA & CO | FY 2017 | 001111N |
Shareholding
The shareholding of Bharti Enterprises Limited. is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bharti Enterprises Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2015 | 10597115 | Kotak Mahindra Prime Limited | ₹44.02 Lakh | Satisfied |
To see the full charge records of Bharti Enterprises Limited., buy the company report.
Total charge records: 1 View all charges
Legal cases
Bharti Enterprises Limited. has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Court case (L I D) | Filed against the company by an individual | Pending |
| District court, Prakasham, Andhra Pradesh | Civil suit | Filed against the company by Lakshmi Towers Flat Owners Association, Ongole | Disposed |
To see the full case history of Bharti Enterprises 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 Bharti Enterprises Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bharti Enterprises Limited has 2 subsidiary companies and 4 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Cedar Support Services Limited | U52599DL2007PLC159150 | |
| Cedar Support Services Limited | U52599DL2007PLC159150 |
To see the full group structure of Bharti Enterprises Limited., buy the company report.
GST
Bharti Enterprises Limited has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bharti Enterprises Limited., buy the company report.
Recent activity
Bharti Enterprises Limited. has 29 board changes on record since 2009: 6 appointments and 23 cessations. The latest: Mayank Jain was appointed as CFO on 27 Apr 2018.
22 earlier events are in the company report.
News
Frequently asked questions
Bharti Enterprises Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Bharti Enterprises Limited was a public limited company based in New Delhi, Delhi, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 22 May 2007 and is registered under CIN U74993DL2007PLC163757. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Bharti Enterprises Limited was incorporated on 22 May 2007. It is registered with the Registrar of Companies, Delhi.
Bharti Enterprises Limited had 6 directors and KMP:
- Soumen Ghosh - Managing Director
- Vernaz Mittal - Whole-Time Director
- Deepika Mittal - Whole-Time Director
- Harjeet Singh Kohli - Whole-Time Director
- Akhil Kumar Gupta - Director
- Mayank Jain - Cfo
The CIN (Corporate Identification Number) of Bharti Enterprises Limited is U74993DL2007PLC163757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Bharti Enterprises Limited is at Bharti Crescent 1 Nelson Mandela Road Vasant Kunj Pha, Se – II, New Delhi, Delhi, India – 110070.
Bharti Enterprises Limited can be reached through the website bharti.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Bharti Enterprises Limited on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Bharti Enterprises Limited has 1 GST registration on record and it is cancelled or inactive.
Bharti Enterprises Limited operated in the financial services industry, in the diversified financial services segment.