MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-23-0009590
Bhaskar Resins Private Limited - manufacturing in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹128.27 Cr
▲ 20% YoY
Net profit · FY 2025
₹51.66 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹89.26 Lakh
EBITDA margin 0.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹6.93 Cr
Satisfied ₹1.3 Cr
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
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.
Bhaskar Resins Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0009590). 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.
Company details
CIN U25200MP2012PTC029490
Registration Number 029490
Incorporation Date 02 November 2012
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-23-0009590
Recognitions & Rankings of Bhaskar Resins
Contact details
Bhaskar Resins Private Limited's registered office is in Indore, Madhya Pradesh. Its website is bhaskarresins.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address44 Sector D2 Industrial Area Sanwer Road Indore, Madhya Pradesh, India – 452015
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Bhaskar Resins Private Limited, buy the company report.
Comprehensive company report
Bhaskar Resins 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
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 |
Business activity
The main business activity of Bhaskar Resins 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 Bhaskar Resins Private Limited, buy the company report.
Financials of Bhaskar Resins Private Limited
FY 2025 filings availableBhaskar Resins Private Limited reported revenue of ₹128.27 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹128.27 Cr ▲ 20%
Net profit · FY 2025
₹51.66 Lakh margin 0.4%
EBITDA · FY 2025
₹89.26 Lakh margin 0.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 25%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 3%
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Bhaskar Resins Private Limited, buy the company report.
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.
Current Directors
| 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 |
Peer comparison
Bhaskar Resins Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Chemical Retail and Distribution, Pipes), with 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 |
|---|---|---|---|---|---|---|
| SG Heavy Engineering Limited | ₹128.97 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Shobha Exim Private Limited | ₹128.44 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Bhaskar Resins Private Limitedthis company | ₹128.27 Cr (FY 2025) | ₹51.66 Lakh | 0.4% | 20.0% | Indore, Madhya Pradesh, India | |
| S.R.K.Chemicals Limited | ₹127.73 Cr (FY 2017) | 32.0% | Zanda, Gujarat, India |
To see the full peer comparison of Bhaskar Resins Private Limited, buy the company report.
Auditor
Bhaskar Resins Private Limited is audited by GUPTA & ASHOK for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA & ASHOK | FY 2022 | 002254C |
Shareholding
The shareholding of Bhaskar Resins Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhaskar Resins Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.93 Cr
Satisfied charges
₹1.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2020 | 100369023 | Others | ₹51.53 Lakh | Open | |
| 27 Jul 2018 | 100210507 | Others | ₹6.41 Cr | Open | |
| 30 Aug 2017 | 100124380 | Others | ₹1.3 Cr | Satisfied |
To see the full charge records of Bhaskar Resins Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Bhaskar Resins Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhaskar Resins Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhaskar Resins has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCB2498H1ZO | Madhya Pradesh | Active | 01 Jul 2017 |
| 22AAFCB2498H1ZQ | Chhattisgarh | Active | 26 Mar 2020 |
To see the full GST registrations and return filing status of Bhaskar Resins Private Limited, buy the company report.
Recent activity
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.
Charges
A charge with Others of Rs. 641.00 Lakh registered on 27 Jul 2018 with Charge ID 100210507 was modified on 21 Nov 2025.
AGM
Bhaskar Resins Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bhaskar Resins Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Others of Rs. 51.53 Lakh registered on 02 Jul 2020 with Charge ID 100369023 was modified on 22 Jul 2020.
Charges
A charge with Others amounted to Rs. 51.53 Lakh with Charge ID 100369023 was registered on 02 Jul 2020.
Ceased
Ramesh Chandra Bansal ceased to be Additional Director.
Appointed
Ramesh Chandra Bansal was appointed as Director.
Charges
A charge registered on 30 Aug 2017 via Charge ID 100124380 with Others was fully satisfied on 26 Nov 2018.
Charges
A charge with Others amounted to Rs. 641.00 Lakh with Charge ID 100210507 was registered on 27 Jul 2018.
Charges
A charge with Others amounted to Rs. 130.00 Lakh with Charge ID 100124380 was registered on 30 Aug 2017.
Appointed
Ankita Bansal was appointed as Director.
Ceased
Pramal Choudhary ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
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 has 3 current directors:
- Ramesh Chandra Bansal - Director
- Sachin Bansal - Director
- Ankita Bansal - Director
The latest financial statements of Bhaskar Resins 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 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 SG Heavy Engineering Limited, Shobha Exim Private Limited, S.R.K.Chemicals Limited, all in the Manufacturing industry (Chemical Retail and Distribution, Pipes), with the same principal business activity (wholesale trading).
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.
Yes, Bhaskar Resins is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0009590).
Bhaskar Resins can be reached through the website bhaskarresins.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Bhaskar Resins is at 44 Sector D2 Industrial Area Sanwer Road Indore, Madhya Pradesh, India – 452015.
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