MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-UP-75-0001086
Shri Bholanath Carpets Limited - consumer goods in Varanasi, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹20.39 Cr
▼ 13% YoY
Net profit · FY 2020
₹14.57 Lakh
Net margin 0.7%
EBITDA · FY 2020
₹1.4 Cr
EBITDA margin 6.9%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹4.8 Cr
Issued & subscribed
Open charges
₹37.37 Cr
Satisfied ₹30.85 Cr
Company age
53 yrs
Est. 1973
Directors on board
5
As per MCA filings
About Shri Bholanath Carpets Limited
Data last updated:
Shri Bholanath Carpets Limited is a public limited company based in Varanasi, Uttar Pradesh, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 21 July 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN L17226UP1973PLC003746. Its GSTIN is 09AABCB3962E1ZT (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 04 Mar 2025 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.8 Cr. It was formerly known as Bil Continental Limited and Bholanath Carpets Private Limited. It is led by directors including Harish Baranwal and Vivek Baranwal.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at G.T. Road Kachhawan, Varanasi, Uttar Pradesh, India – 221307.
As per the financials filed for FY 2020, the company reported a revenue of ₹20.39 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹14.57 Lakh (net margin 0.7%) and EBITDA of ₹1.4 Cr (EBITDA margin 6.9%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
The company is associated with 1 brand: Bholanath Carpets. As per MCA filings, the company has open charges of ₹37.37 Cr and satisfied charges of ₹30.85 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 1 case is pending. The company has 3 deals on record (3 market trades); the latest was in March 2017. Its 4 peer companies in the Consumer Products industry (Home Furnishings Manufacturers), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 1 larger and 3 smaller; the largest is Poornima Handicrafts Private Limited with revenue of ₹20.56 Cr.
Shri Bholanath Carpets Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-75-0001086). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bholanath.biz.
Company details
CIN L17226UP1973PLC003746
Registration Number 003746
Incorporation Date 21 July 1973
ROC Uttar Pradesh
Listing Status Listed - Delisted from BSE on 04 Mar 2025 · compulsory delisting
Company Status Active
Date of Last AGM 30 September 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-75-0001086
Name history
Shri Bholanath Carpets has undergone 3 name changes throughout its history. The company was previously known as Bil Continental Limited, Bholanath Carpets Private Limited, and Bholanath International Limited. The current legal name is Shri Bholanath Carpets Limited.
| Company Name | Status |
|---|---|
| Shri Bholanath Carpets Limited | Current |
| Bil Continental Limited | Previous |
| Bholanath Carpets Private Limited | Previous |
| Bholanath International Limited | Previous |
Recognitions & Rankings of Shri Bholanath Carpets
Contact details
Shri Bholanath Carpets Limited's registered office is in Varanasi, Uttar Pradesh. Its website is bholanath.biz. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG.T. Road Kachhawan, Varanasi, Uttar Pradesh, India – 221307
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Shri Bholanath Carpets Limited, buy the company report.
Comprehensive company report
Shri Bholanath Carpets 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
Shri Bholanath Carpets operates one associated brand: Bholanath Carpets. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Custom-made and organic carpets are manufactured in Varanasi, India. | bholanath.biz |
Business activity
The main business activity of Shri Bholanath Carpets is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Shri Bholanath Carpets Limited, buy the company report.
Financials of Shri Bholanath Carpets Limited
FY 2020 filings availableShri Bholanath Carpets Limited reported revenue of ₹20.39 Cr (down 13% YoY) for FY 2020.
Revenue · FY 2020
₹20.39 Cr ▼ 13%
Net profit · FY 2020
₹14.57 Lakh margin 0.7%
EBITDA · FY 2020
₹1.4 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 13%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▲ 71%
3 years · compounded
▲ 26%
5 years · compounded
▲ 8%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 13% fall in the latest year. EBITDA rose 71% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹20.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.57 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Shri Bholanath Carpets Limited, buy the company report.
Board of directors of Shri Bholanath Carpets Limited
Shri Bholanath Carpets has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Baranwal Also directs: Shri Bholanath Industries Limited, Organic Weave Limited | Director | 30 Aug 2008 | 18 Years 1 Months | Current |
| Vivek Baranwal Also directs: Shri Bholanath Industries Limited, Organic Weave Limited | Director | 30 Aug 2008 | 18 Years 1 Months | Current |
| Veena Agnihotri | Director | 30 Sep 2015 | 11 Years 0 Months | Current |
| Shrinarayan Khemka Also directs: Narayan Kothi Private Limited | Director | 14 Aug 2018 | 8 Years 2 Months | Current |
| Nisha Tripathi | Director | 06 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Shri Bholanath Carpets Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Poornima Handicrafts Private Limited | ₹20.56 Cr (FY 2024) | 60.0% | Jaipur, Rajasthan, India | |||
| Shri Bholanath Carpets Limitedthis company | ₹20.39 Cr (FY 2020) | ₹14.57 Lakh | 0.7% | -13.0% | Varanasi, Uttar Pradesh, India | |
| Millennia Looms Private Limited | ₹20.36 Cr (FY 2025) | 185.0% | Bhadohi, Uttar Pradesh, India | |||
| Antique Art Exports Private Limited | ₹20.2 Cr (FY 2024) | -13.0% | New Delhi, Delhi, India | |||
| Tulio Textile Manufacturing Private Limited | ₹20.16 Cr (FY 2024) | 53.0% | Pune, Maharashtra, India |
To see the full peer comparison of Shri Bholanath Carpets Limited, buy the company report.
Auditor
Shri Bholanath Carpets Limited is audited by O P TULSYAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O P TULSYAN & CO | FY 2020 | 500028N |
Shareholding
The shareholding of Shri Bholanath Carpets Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shri Bholanath Carpets Limited, buy the company report.
Charges & borrowings
Open charges
₹37.37 Cr
Satisfied charges
₹30.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2026 | 101249026 | Canara Bank | ₹70 Lakh | Open | |
| 04 Jun 2021 | 100462999 | Canara Bank | ₹13.57 Cr | Open | |
| 21 Aug 2020 | 100383045 | Canara Bank | ₹70 Lakh | Open | |
| 06 Jun 2020 | 100340477 | Canara Bank | ₹11.8 Cr | Open | |
| 14 Jan 2015 | 10548674 | Syndicate Bank | ₹10.6 Cr | Open |
To see the full charge records of Shri Bholanath Carpets Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Shri Bholanath Carpets Limited has 3 deals on record (3 market trades); the latest was in March 2017.
Total deals
3
Market trades
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Market trade | ₹1.4 Lakh | Seller: Good Morning Commercials Limited |
| Mar 2017 | Market trade | ₹1.3 Lakh | Seller: Good Morning Commercials Limited |
| Dec 2005 | Market trade | ₹1.6 Lakh | Seller: Arvinkumar J Sancheti Huf |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shri Bholanath Carpets Limited has 8 court cases on record: 2 filed by Shri Bholanath Carpets, 6 filed against it. 1 case is pending and 7 are disposed.
Total cases
8
Filed by the company
2
Filed against the company
6
Pending
1
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Appeal | Filed against the company by Globus Logisys Pvt Ltd | Pending |
| District court, South East, Delhi | Civil suit | Filed against the company by Globus Logisys Pvt Ltd | Disposed |
| District court, Ajmer, Rajasthan | Execution petition | Filed against the company by Mundada Voolan Private Limited | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against individuals | Disposed |
| District court, Ajmer, Rajasthan | Court case (EXECUITION CASES) | Filed against the company by an individual | Disposed |
To see the full case history of Shri Bholanath Carpets 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 Shri Bholanath Carpets Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shri Bholanath Carpets has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
1
Associated companies
GST
Shri Bholanath Carpets has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCB3962E1ZT | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shri Bholanath Carpets Limited, buy the company report.
Recent activity
Shri Bholanath Carpets Limited has 25 board changes on record since 1973: 15 appointments and 10 cessations. The latest: Sunil Purnvasi Pal ceased to be Director on 30 May 2022.
Charges
A charge with Canara Bank amounted to Rs. 0.70 Cr with Charge ID 101249026 was registered on 16 Jan 2026.
Ceased
Sunil Purnvasi Pal ceased to be Director.
Charges
A charge with Canara Bank of Rs. 11.80 Cr registered on 06 Jun 2020 with Charge ID 100340477 was modified on 24 Sep 2021.
Charges
A charge with Canara Bank amounted to Rs. 13.57 Cr with Charge ID 100462999 was registered on 04 Jun 2021.
Ceased
Bholanath Baranwal ceased to be Managing Director.
Appointed
Sunil Purnvasi Pal was appointed as Director.
AGM
Shri Bholanath Carpets Limited last Annual general meeting of members was held on 30 Sep 2020 as per latest MCA records.
Charges
A charge with Canara Bank amounted to Rs. 0.70 Cr with Charge ID 100383045 was registered on 21 Aug 2020.
Charges
A charge with Canara Bank amounted to Rs. 11.80 Cr with Charge ID 100340477 was registered on 06 Jun 2020.
Filing
Shri Bholanath Carpets Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Uttar Pradesh I.
Appointed
Shrinarayan Khemka was appointed as Director.
Appointed
Nisha Tripathi was appointed as Director.
44 earlier events are in the company report.
Frequently asked questions
Shri Bholanath Carpets is an active public limited company based in Varanasi, Uttar Pradesh, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 21 July 1973 (53+ years old) and is registered under CIN L17226UP1973PLC003746.
Shri Bholanath Carpets has 5 current directors:
- Harish Baranwal - Director
- Vivek Baranwal - Director
- Veena Agnihotri - Director
- Shrinarayan Khemka - Director
- Nisha Tripathi - Director
The latest financial statements of Shri Bholanath Carpets on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Shri Bholanath Carpets is 09AABCB3962E1ZT, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shri Bholanath Carpets is L17226UP1973PLC003746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Bholanath Carpets is recorded as a listed company by MCA, but its shares were delisted from BSE on 04 Mar 2025 · compulsory delisting, and no longer trade on a stock exchange.
Shri Bholanath Carpets has 8 court cases on record: 2 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Shri Bholanath Carpets was incorporated on 21 July 1973, making it 53+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Shri Bholanath Carpets has 3 deals on record (3 market trades); the latest was in March 2017.
The peers of Shri Bholanath Carpets by revenue are Poornima Handicrafts Private Limited, Millennia Looms Private Limited, Antique Art Exports Private Limited, Tulio Textile Manufacturing Private Limited, all in the Consumer Products industry (Home Furnishings Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Sunil Purnvasi Pal ceased to be Director on 30 May 2022. Bholanath Baranwal ceased to be Managing Director on 13 Feb 2021. Sunil Purnvasi Pal was appointed as Director on 13 Feb 2021. Shri Bholanath Carpets has 25 board changes on record in total.