About Ballarpur Industries Limited
Data last updated:
Ballarpur Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the office and school supplies segment of the education sector. It was incorporated on 26 April 1945 and has been in existence for over 81 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L21010MH1945PLC010337. Its GSTIN is 27AAACB5343E1Z1 (Maharashtra). The company holds 27 GST registrations, of which 4 are active. Its shares are listed on BSE: 500102 and NSE: BZ : BALLARPUR.
The company has an authorised share capital of ₹400 Cr and a paid-up capital of ₹163 Cr. It was formerly known as The Ballarpur Straw Board Mills Limited and Ballarpur Straw Board Mills Limited. It is led by directors including Hardik Bharat Patel (Whole-Time Director) and Shweta Jayant Jain.
Its last annual general meeting (AGM) was held on 11 May 2026, 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 ₹172.95 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹246.92 Cr (net margin -142.8%) and EBITDA of -₹42.3 Cr (EBITDA margin -24.5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 45% over five years.
The company has about 26 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries and 1 joint venture.
The company is associated with 1 brand: Bilt. As per MCA filings, the company has open charges of ₹4,409.75 Cr and satisfied charges of ₹4,447.13 Cr on record. Court records list 321 cases involving the company, including 203 filed by the company and 118 filed against it; 44 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bilt.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address602 Boston House 6th Floor, Suren Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryEducation, Office & School Supplies
- 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 Ballarpur Industries Limited
The main business activity of Ballarpur Industries is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | 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 Ballarpur Industries Limited FY 2025 filings available
Ballarpur Industries Limited reported revenue of ₹172.95 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ballarpur Industries Limited
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 45%. 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 Ballarpur Industries 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 | -₹42.3 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹246.92 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 of Ballarpur Industries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -142.8% | •••• | •••• | •••• | •••• |
| 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 Ballarpur Industries 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 Ballarpur Industries Limited
Ballarpur Industries Limited is compared with the companies closest to it by revenue in the Education industry (Office and School Supplies, Paper). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Think & Learn Private Limited | ₹5,298.43 Cr (FY 2022) | •••• | •••• | 118.0% | •••• | Bangalore, Karnataka, India |
| Balaji Malts Private Limited | ₹5,034.19 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Maddur, Karnataka, India |
| Tamilnadu Newsprint & Papers Limited Listed | ₹4,588.31 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| West Coast Paper Mills Limited Listed | ₹4,272.8 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Dandeli, Karnataka, India |
| Bilt Graphic Paper Products Limited | ₹3,893.21 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Chandrapur, Maharashtra, India |
| Khanna Paper Mills Limited | ₹2,183.84 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Gurgaon, Haryana, India |
| International Paper (India) Private Limited | ₹2,149.67 Cr (FY 2023) | •••• | •••• | 51.0% | •••• | Hyderabad, Telangana, India |
| Doms Industries Limited | ₹1,935.23 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Umbergaon, Gujarat, India |
| Emami Paper Mills Limited Listed | ₹1,932.5 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Seshasayee Paper and Boards Limited Listed | ₹1,822.98 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Erode, Tamil Nadu, India |
| Ballarpur Industries Limited this company | ₹172.95 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ballarpur Industries by revenue in the Education industry (Office and School Supplies, Paper), 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 Ballarpur Industries Limited
Ballarpur Industries Limited is audited by Sharp & Tannan for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sharp & Tannan | 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 Ballarpur Industries Limited
Ballarpur Industries has 6 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Jayant Jain Also directs: Shweta Jain & Co LLP, Jayant Agro-Organics Limited, Ihsedu Agrochem Private Limited and 2 more | Director | 11 Nov 2025 | 0 Years 10 Months | Current |
| Alok Prakash | Director | 07 Aug 2025 | 1 Years 2 Months | Current |
| Panchapakesan Swaminathan Also directs: Digjam Limited | Director | 31 Jul 2024 | 2 Years 2 Months | Current |
| Kulandaipaian Thangaraju | Director | 31 Jul 2024 | 2 Years 2 Months | Current |
| Parashiva Murthy B S Also directs: Jungbusch Ales India Private Limited, Genesis Resorts Private Limited, Amartaru Hospitality Private Limited and 2 more | Director | 12 Jun 2023 | 3 Years 3 Months | Current |
| Hardik Bharat Patel Also directs: Genesis Resorts Private Limited, Finquest Financial Solutions Private Limited, Digjam Limited and 5 more | Whole-Time Director | 12 Jun 2023 | 3 Years 3 Months | Current |
Ownership and Shareholding of Ballarpur Industries 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 Ballarpur Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2024 | Others | ₹300.13 Cr | Open |
| 01 Aug 2024 | Others | ₹26.12 Cr | Open |
| 28 Sep 2016 | Others | ₹470 Cr | Open |
| 22 Jun 2016 | Others | ₹250 Cr | Open |
| 30 Mar 2016 | Others | ₹150 Cr | Open |
Total charge records: 195 View all charges
Legal Cases of Ballarpur Industries Limited
Ballarpur Industries Limited has 321 court cases on record: 203 filed by Ballarpur Industries, 118 filed against it. 44 cases are pending and 277 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 158 | 76 | 23 |
| High courts | 150 | 32 | 18 |
| NCLAT | 8 | 8 | 1 |
| Supreme Court | 5 | 2 | 2 |
Cases on record (5 of 321)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Yamunanagar, Haryana | Commercial suit | Filed by the company against Geeta Polymers Private Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Aamlinn Worldwide Private Limited | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| Supreme Court | Appeal | Filed against the company by Punjab State Industrial Development Corpn Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Aamlinn Worldwide Private Limited | Disposed |
Full case history
All 321 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.
MSME Payment Delays by Ballarpur Industries Limited
Ballarpur Industries Limited has 18 MSME Form 1 returns on record between 2015 and 2020, listing 946 overdue payments to 40 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 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Amazon Papyrus Chemicals Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Rolon Seals | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Entellus Security and Allied Services Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 18 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Ballarpur Industries Limited
Ballarpur Industries Limited has a workforce of 26 employees as of Apr 06, 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.
Group Structure of Ballarpur Industries Limited
Ballarpur Industries has 2 subsidiary companies and 1 joint venture. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Bilt Graphic Paper Products Limited | U21000MH2007PLC172382 | Locked |
| Avantha Agritech Limited | U36999DL1989PLC034942 | Locked |
Showing major subsidiaries. Total: 2.
Name History of Ballarpur Industries Limited
Ballarpur Industries has undergone 3 name changes throughout its history. The company was previously known as The Ballarpur Straw Board Mills Limited, Ballarpur Straw Board Mills Limited, and The Ballarpur Paper & Straw Board Mills Limited. The current legal name is Ballarpur Industries Limited.
| Company Name | Status |
|---|---|
| Ballarpur Industries Limited | Current |
| The Ballarpur Straw Board Mills Limited | Previous |
| Ballarpur Straw Board Mills Limited | Previous |
| The Ballarpur Paper & Straw Board Mills Limited | Previous |
News related to Ballarpur Industries Limited
Recent Activity on Ballarpur Industries Limited
Ballarpur Industries Limited has 72 board changes on record since 1989: 39 appointments and 33 cessations. The latest: Shweta Jayant Jain was appointed as Director on 11 Nov 2025.
493 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ballarpur Industries 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.
Subsidiaries & Group Companies of Ballarpur Industries 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 Ballarpur Industries Limited
Ballarpur Industries has 27 GST registrations: 4 active and 23 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB5343E1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACB5343E2Z0 | Maharashtra | Active | 01 Jun 2025 |
| 06AAACB5343E1Z5 | Haryana | Active | 01 Jul 2017 |
| 36AAACB5343E2Z1 | Telangana | 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 Ballarpur Industries 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 Ballarpur Industries Limited
Ballarpur Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in office and school supplies, within the education industry. It was incorporated on 26 April 1945 (81+ years old) and is registered under CIN L21010MH1945PLC010337. Listed on BSE: 500102 and NSE: BZ : BALLARPUR.
Ballarpur Industries reported revenue of ₹172.95 Cr for FY 2025 (up 11% YoY).
Ballarpur Industries has 6 current directors:
- Hardik Bharat Patel - Whole-Time Director
- Shweta Jayant Jain - Director
- Alok Prakash - Director
- Panchapakesan Swaminathan - Director
- Kulandaipaian Thangaraju - Director
- Parashiva Murthy B S - Director
Ballarpur Industries reported a net loss of ₹246.92 Cr (net margin -142.8%) and EBITDA of -₹42.3 Cr (EBITDA margin -24.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ballarpur Industries is 12% over three years and -45% over five years. In the latest year (FY 2025) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ballarpur Industries is 27AAACB5343E1Z1, registered in Maharashtra. The company has 27 GST registrations in all, of which 4 are active and 23 are cancelled or inactive. Other active GSTINs include 27AAACB5343E2Z0 (Maharashtra), 06AAACB5343E1Z5 (Haryana), 36AAACB5343E2Z1 (Telangana).
The CIN (Corporate Identification Number) of Ballarpur Industries is L21010MH1945PLC010337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ballarpur Industries is listed on both BSE (code: 500102) and NSE (symbol: BZ : BALLARPUR).
Ballarpur Industries has 321 court cases on record: 203 filed by the company and 118 filed against it. 44 are pending. Most are in the district courts.
Ballarpur Industries was incorporated on 26 April 1945, making it 81+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ballarpur Industries by revenue are Think & Learn Private Limited, Balaji Malts Private Limited, Tamilnadu Newsprint & Papers Limited, West Coast Paper Mills Limited, Bilt Graphic Paper Products Limited and 5 more, all in the Education industry (Office and School Supplies, Paper).
Shweta Jayant Jain was appointed as Director on 11 Nov 2025. Alok Prakash was appointed as Director on 07 Aug 2025. Yeddala Kesava Reddy ceased to be Whole-Time Director on 31 Jul 2025. Ballarpur Industries has 72 board changes on record in total.