Bhati Associates Private Limited
About Bhati Associates Private Limited
Data last updated:
Bhati Associates Private Limited is a private limited company based in Delhi, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 13 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL2004PTC124061. Its GSTIN is 09AACCB6448G1ZL (Uttar Pradesh). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹21.5 Lakh. It is led by directors Harish Chowdhary and Daksh Bhati.
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 9/4793 Old Seelampur Gandhi Nagar, Delhi, India – 110031.
As per the financials filed for FY 2025, the company reported a revenue of ₹16 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹10.37 Lakh (net margin 0.6%) and EBITDA of ₹1.91 Cr (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 11% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26.57 Cr and satisfied charges of ₹1.96 Cr on record. Court records list 28 cases involving the company, including 9 filed by the company and 19 filed against it; 13 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address9/4793 Old Seelampur Gandhi Nagar, Delhi, India – 110031
- IndustryInfrastructure and Utilities, General Construction Services
- 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 Bhati Associates Private Limited
The main business activity of Bhati Associates is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | 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 Bhati Associates Private Limited FY 2025 filings available
Bhati Associates Private Limited reported revenue of ₹16 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bhati Associates Private Limited
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 29% 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 Bhati Associates 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 | ₹1.91 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.37 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 Bhati Associates Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Bhati Associates 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 Bhati Associates Private Limited
Bhati Associates Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adorus Advisors Private Limited | ₹16.1 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Gurgaon, Haryana, India |
| Aryan Structural Solutions Private Limited | ₹16.04 Cr (FY 2016) | •••• | •••• | -19.0% | •••• | Hyderabad, Telangana, India |
| Rishiindia Infraengineering Private Limited | ₹16.03 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Bhopal, Madhya Pradesh, India |
| Dwivedi Associates Private Limited | ₹16.02 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | New Delhi, Delhi, India |
| Kt's Construction Private Limited | ₹16.01 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Pune, Maharashtra, India |
| Bhati Associates Private Limited this company | ₹16 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Delhi, India |
| M.K. Hegde Constructions Private Limited | ₹15.98 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Kalyananagar, Dharwad, Karnataka, India |
| Dekonix India Private Limited | ₹15.97 Cr (FY 2025) | •••• | •••• | 134.0% | •••• | New Delhi, Delhi, India |
| Rajganapati Construction Private Limited | ₹15.97 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Kolkata, West Bengal, India |
| Adityashree Engicons Private Limited | ₹15.94 Cr (FY 2024) | •••• | •••• | 86.0% | •••• | Jehanabad, Bihar, India |
| Marinescape India Private Limited | ₹15.93 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Bhati Associates by revenue in the Infrastructure industry (Construction Services), 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 Bhati Associates Private Limited
Bhati Associates Private Limited is audited by AJAY K. KAPOOR & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AJAY K. KAPOOR & COMPANY | 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 Bhati Associates Private Limited
Bhati Associates has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Chowdhary | Director | 13 Jan 2004 | 22 Years 8 Months | Current |
| Daksh Bhati | Director | 15 Jul 2022 | 4 Years 2 Months | Current |
Ownership and Shareholding of Bhati Associates 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 Bhati Associates Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Oct 2022 | Others | ₹15.33 Lakh | Open |
| 06 Oct 2022 | Others | ₹7 Lakh | Open |
| 09 Mar 2022 | Others | ₹15 Lakh | Open |
| 15 Jan 2018 | Others | ₹77.13 Lakh | Open |
| 23 Nov 2016 | Others | ₹2.51 Cr | Open |
Total charge records: 14 View all charges
Legal Cases of Bhati Associates Private Limited
Bhati Associates Private Limited has 28 court cases on record: 9 filed by Bhati Associates, 19 filed against it. 13 cases are pending and 15 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 11 | 5 |
| NCLAT | 6 | 6 | 5 |
| High courts | 5 | 2 | 3 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Toyota Financial Services India Limited | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by Icici Bank Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Limited | Disposed |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Kone Elevators India Pvt Ltd | Pending |
| High Court of Rajasthan | Court case (CSTAY) | Filed by the company against an individual | Pending |
Full case history
All 28 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Bhati Associates Private Limited
Bhati Associates Private Limited has a workforce of 8 employees as of Apr 05, 2024.
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 Bhati Associates Private Limited
Bhati Associates Private Limited has 14 board changes on record since 2004: 8 appointments and 6 cessations. The latest: Daksh Bhati was appointed as Director on 15 Jul 2022.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bhati Associates 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 Bhati Associates 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 Bhati Associates 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 Bhati Associates Private Limited
Bhati Associates has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCB6448G1ZL | Uttar Pradesh | Active | 01 Jul 2017 |
| 23AACCB6448G1ZV | Madhya Pradesh | Active | 01 Jul 2017 |
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 Bhati Associates 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 Bhati Associates Private Limited
Bhati Associates is an active private limited company based in Delhi, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 13 January 2004 (22+ years old) and is registered under CIN U45201DL2004PTC124061.
Bhati Associates reported revenue of ₹16 Cr for FY 2025 (down 19% YoY).
Bhati Associates has 2 current directors:
- Harish Chowdhary - Director
- Daksh Bhati - Director
Bhati Associates reported a net profit of ₹10.37 Lakh (net margin 0.6%) and EBITDA of ₹1.91 Cr (EBITDA margin 11.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bhati Associates is -26% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bhati Associates is 09AACCB6448G1ZL, registered in Uttar Pradesh. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 23AACCB6448G1ZV (Madhya Pradesh).
The CIN (Corporate Identification Number) of Bhati Associates is U45201DL2004PTC124061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhati Associates has 28 court cases on record: 9 filed by the company and 19 filed against it. 13 are pending. Most are in the district courts.
Bhati Associates was incorporated on 13 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Bhati Associates by revenue are Adorus Advisors Private Limited, Aryan Structural Solutions Private Limited, Rishiindia Infraengineering Private Limited, Dwivedi Associates Private Limited, Kt's Construction Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Daksh Bhati was appointed as Director on 15 Jul 2022. Satish Chowdhary ceased to be Director on 15 Jul 2022. Gaurav Arora ceased to be Additional Director on 26 Nov 2020. Bhati Associates has 14 board changes on record in total.