- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-16-0001749

About Bhukhanvala Industries Private Limited
Data last updated:
Bhukhanvala Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Bhukhanvala Holdings Private Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 22 January 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH1987PTC042304. Its GSTIN is 27AABCB0498D1ZW (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹24.23 Cr. It was formerly known as Boron Carbide (India) Pvt Ltd. It is led by directors including Niraj Pankaj Bhukhanwala (Managing Director) and Smita Pankaj Bhukhanwala.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.66 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹22.13 Cr (net margin 23.4%) and EBITDA of ₹35.11 Cr (EBITDA margin 37.1%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 46% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bhukhanvala. As per MCA filings, the company has open charges of ₹14.3 Cr and satisfied charges of ₹4.94 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.
Bhukhanvala Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-16-0001749). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhukhanvala.in.
Company details
CIN history
Bhukhanvala Industries has one previous CIN (Corporate Identification Number): U26993MH1987PTC042304. The current CIN is U29100MH1987PTC042304, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29100MH1987PTC042304 | Current |
| U26993MH1987PTC042304 | Previous |
Recognitions & Rankings of Bhukhanvala Industries
Contact details
Bhukhanvala Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is bhukhanvala.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8th Flr Bhukhanvala Chambers B – 28 Veera Indl Est Cts 595 Village Oshiwara Off Link Road A, Ndheri (W), Mumbai, Maharashtra, India – 400053
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Bhukhanvala Industries Private 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
Brands
Bhukhanvala Industries operates one associated brand: Bhukhanvala. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying boron carbide materials for industrial applications. | bhukhanvala.in |
Business activity
The main business activity of Bhukhanvala Industries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Bhukhanvala Industries Private Limited, buy the company report.
Financials of Bhukhanvala Industries Private Limited
FY 2025 filings availableBhukhanvala Industries Private Limited reported revenue of ₹94.66 Cr (up 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 43% growth in the latest year. EBITDA rose 32% 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 | ₹94.66 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹35.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.13 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37.1% | ||||
| Net Profit Margin | 23.4% | ||||
| 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 Bhukhanvala Industries Private Limited, buy the company report.
Board of directors of Bhukhanvala Industries Private Limited
Bhukhanvala Industries has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Pankaj Bhukhanwala Also directs: Hifin Trading Co LLP, Precision Wires India Limited, Precision Wires India Limited and 5 more | Managing Director | 17 Jul 2003 | 23 Years 3 Months | Current |
| Smita Pankaj Bhukhanwala Also directs: Bhukhanvala Holdings Private Limited, Hifin Capital Private Limited, Peerage Properties Private Limited and 2 more | Director | 30 Mar 2017 | 9 Years 7 Months | Current |
| Shalin Sunandan Divatia Also directs: Hifin Trading Co LLP, Bhukhanvala Holdings Private Limited, Hifin Capital Private Limited and 5 more | Director | 21 Nov 2022 | 3 Years 11 Months | Current |
| Nirali Pankaj Bhukhanwala | Director | 07 Aug 2025 | 1 Years 2 Months | Current |
Shareholding
The shareholding of Bhukhanvala Industries Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhukhanvala Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2025 | 101110509 | Hdfc Bank Limited | ₹30.4 Lakh | Open | |
| 14 May 2021 | 100444051 | Yes Bank Limited | ₹11 Cr | Open | |
| 04 May 2021 | 100449577 | Yes Bank Limited | ₹3 Cr | Open | |
| 25 Sep 2006 | 10025339 | Hdfc Bank Limited | ₹4.5 Cr | Satisfied | |
| 21 Jul 1994 | 90238262 | Bank of Baroda | ₹13.1 Lakh | Satisfied |
To see the full charge records of Bhukhanvala Industries Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Bhukhanvala Industries Private Limited has 5 court cases on record: 5 filed by Bhukhanvala Industries. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APL) | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 1 other | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Bhukhanvala Industries Private 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
Bhukhanvala Industries Private Limited has 46 MSME Form 1 returns on record between 2017 and 2024, listing 1,264 overdue payments to 130 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 130)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Safety Services | |||
| Shreeji Enterprises (Sarigam) |
To see the full MSME payment records of Bhukhanvala Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bhukhanvala Industries Private Limited has a workforce of 43 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
GST
Bhukhanvala Industries has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB0498D1ZW | Maharashtra | Active | 01 Jul 2017 |
| 27AABCB0498D2ZV | Maharashtra | Active | 14 May 2018 |
| 24AABCB0498D1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhukhanvala Industries Private Limited, buy the company report.
Recent activity
Bhukhanvala Industries Private Limited has 8 board changes on record since 2003: 4 appointments and 4 cessations. The latest: Nirali Pankaj Bhukhanwala was appointed as Director on 07 Aug 2025.
20 earlier events are in the company report.
Frequently asked questions
Bhukhanvala Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 22 January 1987 (39+ years old) and is registered under CIN U29100MH1987PTC042304.
Bhukhanvala Industries has 4 current directors:
- Niraj Pankaj Bhukhanwala - Managing Director
- Smita Pankaj Bhukhanwala - Director
- Shalin Sunandan Divatia - Director
- Nirali Pankaj Bhukhanwala - Director
The latest financial statements of Bhukhanvala Industries 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 Bhukhanvala Industries is 27AABCB0498D1ZW, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AABCB0498D2ZV (Maharashtra), 24AABCB0498D1Z2 (Gujarat).
The CIN (Corporate Identification Number) of Bhukhanvala Industries is U29100MH1987PTC042304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhukhanvala Industries has 5 court cases on record: 5 filed by the company.
Bhukhanvala Industries was incorporated on 22 January 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Nirali Pankaj Bhukhanwala was appointed as Director on 07 Aug 2025. Karan Nitish Bhukhanwala ceased to be Additional Director on 31 Jul 2025. Saroj Madhukant Bhukhanwala ceased to be Director on 18 Jul 2024. Bhukhanvala Industries has 8 board changes on record in total.
Yes, Bhukhanvala Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-16-0001749).
Bhukhanvala Industries has 46 MSME Form 1 returns on record between 2017 and 2024, listing 1,264 overdue payments to 130 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Bhukhanvala Industries can be reached through the website bhukhanvala.in. Its registered office is in Mumbai, Maharashtra, India.

