Bindal Energy Private Limited
About Bindal Energy Private Limited
Data last updated:
Bindal Energy Private Limited is a private limited company based in Raigarh, Chhattisgarh, India. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 18 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U10100CT2010PTC021834.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.31 Cr. It was formerly known as Bindal Petro Energy Private Limited and Bindal Coke and Energy Private Limited. It is led by directors Nandkishor Agrawal and Gautam Agrawal.
Its last annual general meeting (AGM) was held on 26 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at C/O Maruti Point Savitri Nagar Kotra Road, Raigarh, Chhattisgarh, India – 496001.
As per the financials filed for FY 2019, the company reported a revenue of ₹42.09 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹7.14 Cr (net margin -17%) and EBITDA of -₹5.6 Cr (EBITDA margin -13.3%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
As per MCA filings, the company has open charges of ₹2.06 Cr and satisfied charges of ₹16.56 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Bindal Energy has undergone 5 name changes throughout its history. The current legal name is Bindal Energy Private Limited.
| Company Name | Status |
|---|---|
| Bindal Energy Private Limited | Current |
| Bindal Petro Energy Private Limited | Previous |
| Bindal Coke And Energy Private Limited | Previous |
| Bindal Coke And Minerals Private Limited | Previous |
| Nikhil Coke And Minerals Private Limited | Previous |
| Bindal Petro And Minerals Private Limited | Previous |
Contact details
Bindal Energy Private Limited's registered office is in Raigarh, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Maruti Point Savitri Nagar Kotra Road, Raigarh, Chhattisgarh, India – 496001
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Bindal Energy 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
Business activity
The main business activity of Bindal Energy is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Bindal Energy Private Limited, buy the company report.
Financials of Bindal Energy Private Limited
FY 2019 filings availableBindal Energy Private Limited reported revenue of ₹42.09 Cr (down 11% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 401% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹42.09 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.14 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.3% | ||||
| Net Profit Margin | -17% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Bindal Energy Private Limited, buy the company report.
Board of directors of Bindal Energy Private Limited
Bindal Energy has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandkishor Agrawal | Director | 18 May 2010 | 16 Years 5 Months | Current |
| Gautam Agrawal | Director | 07 Mar 2017 | 9 Years 8 Months | Current |
Auditor
Bindal Energy Private Limited is audited by AGRAWAL & BARDIYA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWAL & BARDIYA | FY 2019 | 006832C |
Shareholding
The shareholding of Bindal Energy Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bindal Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 May 2017 | 100102499 | Bank of India | ₹2 Cr | Satisfied | |
| 26 May 2014 | 10510206 | Bank of India | ₹6 Lakh | Satisfied | |
| 11 Oct 2012 | 10384988 | Bank of India | ₹14.5 Cr | Satisfied |
To see the full charge records of Bindal Energy Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Bindal Energy Private Limited has 4 court cases on record: 3 filed by Bindal Energy, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (ICOMAOA) | Filed by the company against Steel Mont Private Limited and 3 others | Disposed |
| High Court | Writ petition | Filed by the company against South Eastern Coalfields Limited, and 2 others | Disposed |
| District court, Nayagarh, Odisha | Court case (2(c)c.c) | Filed against the company by State of Odisha | Pending |
| High Court, CHHATTISGARH | Writ petition | Filed by the company against Bank of India and 4 others | Disposed |
To see the full case history of Bindal Energy 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
No delayed payments to MSME suppliers are on our record for Bindal Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Bindal Energy Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bindal Energy Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Akhil Agrawal ceased to be Director on 05 May 2018.
4 earlier events are in the company report.
Frequently asked questions
Bindal Energy is an active private limited company based in Raigarh, Chhattisgarh, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 18 May 2010 (16+ years old) and is registered under CIN U10100CT2010PTC021834.
Bindal Energy has 2 current directors:
- Nandkishor Agrawal - Director
- Gautam Agrawal - Director
The latest financial statements of Bindal Energy on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 26 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bindal Energy is U10100CT2010PTC021834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bindal Energy has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Bindal Energy was incorporated on 18 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Akhil Agrawal ceased to be Director on 05 May 2018. Gautam Agrawal was appointed as Director on 07 Mar 2017. Saras Goyal ceased to be Director on 30 May 2012. Bindal Energy has 6 board changes on record in total.
The registered office of Bindal Energy is at CO Maruti Point Savitri Nagar Kotra Road, Raigarh, Chhattisgarh, India – 496001.
Bindal Energy operates in the environment industry, in the biofuel and biomass energy segment.
Bindal Energy has open charges of ₹2.06 Cr and satisfied charges of ₹16.56 Cr as per latest MCA filings.
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