Bhoruka Textiles Limited
About Bhoruka Textiles Limited
Data last updated:
Bhoruka Textiles Limited is a public limited company based in Dharwad, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 February 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1991PLC011661. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors including Pushpa Vedprakash Agarwal and Vishrut Vikas Agarwal.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sattur Village Raipur P Odharwad Distt., Karnataka, India – 580009.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.11 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹32,133 (net margin -1.5%) and EBITDA of -₹32,133 (EBITDA margin -1.5%). Revenue has grown at a compounded annual rate (CAGR) of 320% over three years and 130% over five years.
As per MCA filings, the company has satisfied charges of ₹53.88 Cr on record. Court records list 45 cases involving the company, including 24 filed by the company and 21 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Bhoruka Textiles has one previous CIN (Corporate Identification Number): U01711KA1991PTC011661. The current CIN is U85110KA1991PLC011661, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1991PLC011661 | Current |
| U01711KA1991PTC011661 | Previous |
Contact details
Bhoruka Textiles Limited's registered office is in Dharwad, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSattur Village Raipur P Odharwad Distt., Karnataka, India – 580009
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Bhoruka Textiles 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 Bhoruka Textiles Limited
FY 2024 filings availableBhoruka Textiles Limited reported revenue of ₹22.11 Lakh (up 287105% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 130% over five years. EBITDA fell 22% 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 |
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| Total Expenses | |||||
| EBITDA | -₹32,133 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹32,133 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.5% | ||||
| Net Profit Margin | -1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Bhoruka Textiles Limited, buy the company report.
Board of directors of Bhoruka Textiles Limited
Bhoruka Textiles has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpa Vedprakash Agarwal | Director | 22 May 2016 | 10 Years 5 Months | Current |
| Vishrut Vikas Agarwal | Director | 11 Aug 2020 | 6 Years 2 Months | Current |
| Poonam Vikas Agarwal | Director | 13 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Bhoruka Textiles Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Sauparnika Exports Private Limited | ₹22.2 Lakh (FY 2023) | -74.0% | Umbergaon, Gujarat, India | |||
| Sheela Spinning Mills Private Limited | ₹22.12 Lakh (FY 2025) | 191.0% | Delhi, India | |||
| Bhoruka Textiles Limitedthis company | ₹22.11 Lakh (FY 2025) | -₹32,133 | -1.5% | 287105.0% | Dharwad, Karnataka, India | |
| Shree Banke Behari Agro Products Pvt Ltd | ₹22.08 Lakh (FY 2025) | Abohar, Punjab, India | ||||
| Prahladrai Poddar and Sons (Textile) Private Limited | ₹22.08 Lakh (FY 2018) | -45.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Bhoruka Textiles Limited, buy the company report.
Auditor
Bhoruka Textiles Limited is audited by P G Bhagwat LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P G Bhagwat LLP | FY 2022 | 101118W / W100682 |
Shareholding
The shareholding of Bhoruka Textiles Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhoruka Textiles Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2001 | 80049573 | Ksiidc Ltd | ₹75 Lakh | Satisfied | |
| 08 Jan 2001 | 80049572 | Ksiidc Ltd | ₹5.3 Cr | Satisfied | |
| 16 Mar 2000 | 80049570 | Ksiidc Ltd | ₹57 Lakh | Satisfied | |
| 16 Mar 2000 | 80052504 | The North Kanara Gsb Co-Op Bank Ltd | ₹4.18 Lakh | Satisfied | |
| 21 Dec 1999 | 80052496 | Bank of India | ₹13.89 Cr | Satisfied |
To see the full charge records of Bhoruka Textiles Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Bhoruka Textiles Limited has 45 court cases on record: 24 filed by Bhoruka Textiles, 21 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 11 | 0 |
| District courts | 16 | 9 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (SJ) | Filed against the company by Gujarat Paper Products Pvt. Ltd. | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed by the company against Ms Andeep Exports Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Government of Karnataka | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Union of India and Anr. | Disposed |
| District court, DHARWAD, Karnataka | Interim or miscellaneous application | Filed by the company against The Assistant Commissioner Dharwad and 1 other | Disposed |
To see the full case history of Bhoruka Textiles 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 Bhoruka Textiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhoruka Textiles has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bhoruka Textiles Limited, buy the company report.
Recent activity
Bhoruka Textiles Limited has 12 board changes on record since 2012: 3 appointments and 9 cessations. The latest: Poonam Vikas Agarwal ceased to be Additional Director on 27 Sep 2024.
29 earlier events are in the company report.
Frequently asked questions
Bhoruka Textiles is an active public limited company based in Dharwad, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 February 1991 (35+ years old) and is registered under CIN U85110KA1991PLC011661.
Bhoruka Textiles has 3 current directors:
- Pushpa Vedprakash Agarwal - Director
- Vishrut Vikas Agarwal - Director
- Poonam Vikas Agarwal - Director
The latest financial statements of Bhoruka Textiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
No. Bhoruka Textiles has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Bhoruka Textiles is U85110KA1991PLC011661. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhoruka Textiles has 45 court cases on record: 24 filed by the company and 21 filed against it. Most are in the high courts.
Bhoruka Textiles was incorporated on 13 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bhoruka Textiles by revenue are Shree Sauparnika Exports Private Limited, Sheela Spinning Mills Private Limited, Shree Banke Behari Agro Products Pvt Ltd, Prahladrai Poddar and Sons (Textile) Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Poonam Vikas Agarwal ceased to be Additional Director on 27 Sep 2024. Poonam Vikas Agarwal was appointed as Director on 13 Feb 2024. Vishrut Vikas Agarwal ceased to be Additional Director on 30 Dec 2020. Bhoruka Textiles has 12 board changes on record in total.
The registered office of Bhoruka Textiles is at Sattur Village Raipur P Odharwad Distt., Karnataka, India – 580009.
Bhoruka Textiles operates in the manufacturing industry, in the textile and fabric production segment.
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