Bhat Metal Research Private Limited

Bhat Metal Research Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U73100KA1989PTC010415 Incorporated 04 October 1989 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company engineering
Data last updated
Revenue · FY 2023
₹3.44 Lakh
▼ 87% YoY
Net loss · FY 2023
₹3.81 Cr
Latest filing
EBITDA · FY 2023
-₹3.81 Cr
Latest filing
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹59.74 Lakh
Issued & subscribed
Open charges
₹1.77 Cr
Satisfied ₹4.43 Cr
Company age
37 yrs
Est. 1989
Directors on board
2
As per MCA filings

About Bhat Metal Research Private Limited

Data last updated:

Bhat Metal Research Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 04 October 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA1989PTC010415. The company has 7 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹59.74 Lakh. It is led by directors Umesh Venkatesh Bhat (Whole-Time Director) and Lakshmi Umesh Bhat (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at A4 Industrial Estate Rajajinagar, Bangalore, Karnataka, India – 560044.

As per the financials filed for FY 2023, the company reported a revenue of ₹3.44 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹3.81 Cr and EBITDA of -₹3.81 Cr. Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 57% over five years.

As per MCA filings, the company has open charges of ₹1.77 Cr and satisfied charges of ₹4.43 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 bhatmetals.com.

Company details

CIN U73100KA1989PTC010415
Registration Number 010415
Incorporation Date 04 October 1989
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant

CIN history

Bhat Metal Research has one previous CIN (Corporate Identification Number): U73160KA1989PTC010415. The current CIN is U73100KA1989PTC010415, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U73100KA1989PTC010415Current
U73160KA1989PTC010415Previous

Contact details

Bhat Metal Research Private Limited's registered office is in Bangalore, Karnataka. Its website is bhatmetals.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A4 Industrial Estate Rajajinagar, Bangalore, Karnataka, India – 560044
  • Industry
    Engineering, Metal Foundry & Fabrication Services

To see the full contact details of Bhat Metal Research Private Limited, buy the company report.

Comprehensive company report
Bhat Metal Research 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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Financials of Bhat Metal Research Private Limited

FY 2023 filings available

Bhat Metal Research Private Limited reported revenue of ₹3.44 Lakh (down 87% YoY) for FY 2023.

Revenue · FY 2023
₹3.44 Lakh ▼ 87%
Net loss · FY 2023
₹3.81 Cr
EBITDA · FY 2023
-₹3.81 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 76%
5 years · compounded
▼ 57%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 126%
5 years · compounded
▼ 73%

Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 87% fall in the latest year. EBITDA fell 36% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹3.44 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹3.81 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.81 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
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 Bhat Metal Research Private Limited, buy the company report.

Board of directors of Bhat Metal Research Private Limited

Bhat Metal Research has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Umesh Venkatesh BhatWhole-Time Director01 Oct 201511 Years 1 MonthsCurrent
Lakshmi Umesh BhatWhole-Time Director01 Oct 201115 Years 1 MonthsCurrent

Auditor

Bhat Metal Research Private Limited is audited by ABS & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ABS & Co.FY 202308203S

Shareholding

The shareholding of Bhat Metal Research 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bhat Metal Research Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.77 Cr
Satisfied charges
₹4.43 Cr
Breakdown by lending institutions
K. S. F. C.₹0.60 Cr
Vijaya Leasing Ltd₹0.60 Cr
K. S. I. I. D. C. Ltd₹0.27 Cr
Idbi Bank₹0.11 Cr
Karur Vysya Bank Ltd₹0.10 Cr
Others₹0.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Mar 199690191614Vijaya Leasing Ltd₹60 LakhOpen
17 Nov 199590193959Canara Bank₹3 LakhOpen
30 Oct 199590191523Karur Vysya Bank Ltd₹10 LakhOpen
17 Aug 199590191486Canara Bank₹2 LakhOpen
16 May 199590193907Canara Bank₹3 LakhOpen

To see the full charge records of Bhat Metal Research Private Limited, buy the company report.

Total charge records: 10 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bhat Metal Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Bhat Metal Research Private Limited has 1 active EPFO establishment as of Apr 09, 2024.

Active EPFO establishments
1

GST

Bhat Metal Research has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
7
Cancelled / inactive
7

To see the full GST registrations and return filing status of Bhat Metal Research Private Limited, buy the company report.

Recent activity

Bhat Metal Research Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Shanbhogue Sudhir Ramanath ceased to be Additional Director on 15 Mar 2023.

AGM
Bhat Metal Research Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Bhat Metal Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Shanbhogue Sudhir Ramanath ceased to be Additional Director.
Ceased
Umesh Venkatesh Bhat ceased to be Managing Director.
Charges
A charge registered on 27 Jul 2005 via Charge ID 90194638 with Canara Bank was fully satisfied on 04 Mar 2017.
Ceased
Chempi Yajnesh Bhat ceased to be Director.
Ceased
Lakshmi Umesh Bhat ceased to be Director.
Ceased
Rashmi Bhat ceased to be Director.
Appointed
Umesh Venkatesh Bhat was appointed as Whole-Time Director.
Ceased
Vandya Bhat ceased to be Additional Director.
Charges
A charge with Canara Bank of Rs. 442.65 Lakh registered on 27 Jul 2005 with Charge ID 90194638 was modified on 21 Oct 2011.
Appointed
Lakshmi Umesh Bhat was appointed as Whole-Time Director.

13 earlier events are in the company report.

Frequently asked questions

Bhat Metal Research is an active private limited company based in Bangalore, Karnataka, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 04 October 1989 (37+ years old) and is registered under CIN U73100KA1989PTC010415.

Bhat Metal Research has 2 current directors:

The latest financial statements of Bhat Metal Research on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

No. Bhat Metal Research has 7 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Bhat Metal Research is U73100KA1989PTC010415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bhat Metal Research was incorporated on 04 October 1989, making it 37+ years old. It is registered with the Registrar of Companies, Bangalore.

Shanbhogue Sudhir Ramanath ceased to be Additional Director on 15 Mar 2023. Umesh Venkatesh Bhat ceased to be Managing Director on 20 Nov 2021. Chempi Yajnesh Bhat ceased to be Director on 01 Oct 2015. Bhat Metal Research has 8 board changes on record in total.

Bhat Metal Research can be reached through the website bhatmetals.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Bhat Metal Research is at A4 Industrial Estate Rajajinagar, Bangalore, Karnataka, India – 560044.

Bhat Metal Research operates in the engineering industry, in the metal foundry and fabrication services segment.