About Bhaskar Resins Private Limited
Data last updated:
Bhaskar Resins Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 02 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U25200MP2012PTC029490. Its GSTIN is 23AAFCB2498H1ZO (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ramesh Chandra Bansal and Sachin Bansal.
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 44 Sector D2 Industrial Area Sanwer Road Indore, Madhya Pradesh, India – 452015.
As per the financials filed for FY 2025, the company reported a revenue of ₹128.27 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹51.66 Lakh (net margin 0.4%) and EBITDA of ₹89.26 Lakh (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 11% over five years.
The company is associated with 1 brand: Bhaskar Resins. As per MCA filings, the company has open charges of ₹6.93 Cr and satisfied charges of ₹1.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhaskarresins.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address44 Sector D2 Industrial Area Sanwer Road Indore, Madhya Pradesh, India – 452015
- IndustryManufacturing, Pipe & Tubes
- 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
- One PDF report, delivered after checkout
Business Activity of Bhaskar Resins Private Limited
The main business activity of Bhaskar Resins is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bhaskar Resins Private Limited FY 2025 filings available
Bhaskar Resins Private Limited reported revenue of ₹128.27 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bhaskar Resins Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 20% growth in the latest year. EBITDA rose 8% 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 of Bhaskar Resins Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹89.26 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51.66 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 of Bhaskar Resins Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bhaskar Resins are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Bhaskar Resins Private Limited
Bhaskar Resins Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Chemical Retail and Distribution, Pipes). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blue Horse Speciality Private Limited | ₹129.48 Cr (FY 2025) | •••• | •••• | •••• | Kanpur, Uttar Pradesh, India | |
| Zenith Steel Pipes & Industries Limited Listed | ₹129.26 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| SG Heavy Engineering Limited | ₹128.97 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Kalimata Infratech Limited | ₹128.52 Cr (FY 2017) | •••• | •••• | -41.0% | •••• | Kolkata, West Bengal, India |
| Shobha Exim Private Limited | ₹128.44 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Bhaskar Resins Private Limited this company | ₹128.27 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Indore, Madhya Pradesh, India |
| S.R.K.Chemicals Limited | ₹127.73 Cr (FY 2017) | •••• | •••• | 32.0% | •••• | Zanda, Gujarat, India |
| Sandoz Export Private Limited | ₹127.65 Cr (FY 2023) | •••• | •••• | •••• | Shirpur, Maharashtra, India | |
| Star PVC Pipes and Fittings Private Limited | ₹127.59 Cr (FY 2023) | •••• | •••• | -10.0% | •••• | Thrissur, Kerala, India |
| DRK Hydrocarbons Private Limited | ₹127.57 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Kolkata, West Bengal, India |
| L Vaibhav Castings Private Limited | ₹127.39 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Bhaskar Resins by revenue in the Manufacturing industry (Chemical Retail and Distribution, Pipes), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bhaskar Resins Private Limited
Bhaskar Resins Private Limited is audited by GUPTA & ASHOK for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GUPTA & ASHOK | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bhaskar Resins Private Limited
Bhaskar Resins has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Chandra Bansal | Director | 04 Apr 2019 | 7 Years 6 Months | Current |
| Sachin Bansal | Director | 02 Nov 2012 | 13 Years 11 Months | Current |
| Ankita Bansal Also directs: Bansal Engitech LLP | Director | 01 Apr 2016 | 10 Years 6 Months | Current |
Ownership and Shareholding of Bhaskar Resins Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bhaskar Resins Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2020 | Others | ₹51.53 Lakh | Open |
| 27 Jul 2018 | Others | ₹6.41 Cr | Open |
| 30 Aug 2017 | Others | ₹1.3 Cr | Satisfied |
Total charge records: 3 View all charges
Associated Brands with Bhaskar Resins Private Limited
Bhaskar Resins operates one associated brand: Bhaskar Resins. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Trading and manufacturing of polymers, petrochemicals, pipes, and recycled plastics in India and Dubai. | bhaskarresins.com |
Employees and EPFO Compliance at Bhaskar Resins Private Limited
Employment history and EPFO contributions of people linked to Bhaskar Resins.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bhaskar Resins Private Limited
Bhaskar Resins Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Ramesh Chandra Bansal ceased to be Additional Director on 30 Sep 2019.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bhaskar Resins Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bhaskar Resins Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bhaskar Resins Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bhaskar Resins Private Limited
Bhaskar Resins has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCB2498H1ZO | Madhya Pradesh | Active | 01 Jul 2017 |
| 22AAFCB2498H1ZQ | Chhattisgarh | Active | 26 Mar 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bhaskar Resins Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bhaskar Resins Private Limited
Bhaskar Resins is an active private limited company based in Indore, Madhya Pradesh, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 02 November 2012 (14+ years old) and is registered under CIN U25200MP2012PTC029490.
Bhaskar Resins reported revenue of ₹128.27 Cr for FY 2025 (up 20% YoY).
Bhaskar Resins has 3 current directors:
- Ramesh Chandra Bansal - Director
- Sachin Bansal - Director
- Ankita Bansal - Director
Bhaskar Resins reported a net profit of ₹51.66 Lakh (net margin 0.4%) and EBITDA of ₹89.26 Lakh (EBITDA margin 0.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bhaskar Resins is 25% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bhaskar Resins is 23AAFCB2498H1ZO, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 22AAFCB2498H1ZQ (Chhattisgarh).
The CIN (Corporate Identification Number) of Bhaskar Resins is U25200MP2012PTC029490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhaskar Resins was incorporated on 02 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Bhaskar Resins by revenue are Blue Horse Speciality Private Limited, Zenith Steel Pipes & Industries Limited, SG Heavy Engineering Limited, Kalimata Infratech Limited, Shobha Exim Private Limited and 5 more, all in the Manufacturing industry (Chemical Retail and Distribution, Pipes).
Ramesh Chandra Bansal ceased to be Additional Director on 30 Sep 2019. Ramesh Chandra Bansal was appointed as Director on 04 Apr 2019. Ankita Bansal was appointed as Director on 01 Apr 2016. Bhaskar Resins has 5 board changes on record in total.
Bhaskar Resins can be reached through the website bhaskarresins.com. Its registered office is in Indore, Madhya Pradesh, India.