Bio Ethanol Agro Industries Limited
About Bio Ethanol Agro Industries Limited
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Bio Ethanol Agro Industries Limited is a public limited company based in Annadevarapeta, Andhra Pradesh, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 08 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U23201AP2006PLC050274. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹25.49 Cr. It was formerly known as Bio Ethanol India Limited. It is led by directors including Arumilli Veerabhadra Rao (Whole-Time Director) and Mukul Kakar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at R S 213 Annadevarapeta Tallapudi (Mandal), Andhra Pradesh, India – 534341.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.51 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹9.55 Cr and EBITDA of -₹1.52 Cr. Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 76% over five years.
As per MCA filings, the company has open charges of ₹31.65 Cr and satisfied charges of ₹40 Cr on record. Court records list 24 cases involving the company, including 6 filed by the company and 19 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Bio Ethanol Agro Industries Limited's registered office is in Annadevarapeta, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressR S 213 Annadevarapeta Tallapudi (Mandal), Andhra Pradesh, India – 534341
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Bio Ethanol Agro Industries 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 Bio Ethanol Agro Industries Limited
FY 2017 filings availableBio Ethanol Agro Industries Limited reported revenue of ₹2.51 Lakh (down 100% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 76% over five years. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.51 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.52 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹9.55 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Bio Ethanol Agro Industries Limited, buy the company report.
Board of directors of Bio Ethanol Agro Industries Limited
Bio Ethanol Agro Industries has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukul Kakar | Director | 20 Jun 2016 | 10 Years 4 Months | Current |
| Arumilli Veerabhadra Rao | Whole-Time Director | 07 Apr 2007 | 19 Years 6 Months | Current |
| Diwakar Zhinku Yadav | Additional Director | 06 May 2023 | 3 Years 5 Months | Current |
Auditor
Bio Ethanol Agro Industries Limited is audited by GANESAN AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESAN AND COMPANY | FY 2017 | 000859S |
Shareholding
The shareholding of Bio Ethanol Agro Industries Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bio Ethanol Agro Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2009 | 10184150 | Edelweiss Asset Reconstruction Company Limited | ₹31.65 Cr | Open | |
| 08 Dec 2008 | 10135634 | Syndicate Bank | ₹20 Cr | Satisfied | |
| 05 Dec 2008 | 10137100 | Bank of Baroda | ₹20 Cr | Satisfied |
To see the full charge records of Bio Ethanol Agro Industries Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Bio Ethanol Agro Industries Limited has 24 court cases on record: 6 filed by Bio Ethanol Agro Industries, 19 filed against it. 3 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 3 |
| High courts | 9 | 5 | 0 |
| NCLT | 3 | 2 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (COMMS) | Filed against the company by Dexterous Products Pvt. Ltd. Through Satish Mangal | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by Radico Khaitan Ltd. | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by Madhavi Agro Chemicals LLP | Disposed |
| NCLT, Amravati | Insolvency matter | Filed against the company by Vasudha Security and Facility Management Pvt ,Ltd and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Edelweiss Asset Reconstruction Company Ltd | Disposed |
To see the full case history of Bio Ethanol Agro Industries 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 Bio Ethanol Agro Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bio Ethanol Agro Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bio Ethanol Agro Industries Limited, buy the company report.
Recent activity
Bio Ethanol Agro Industries Limited has 31 board changes on record since 2006: 17 appointments and 14 cessations. The latest: Ruchika Kakar ceased to be Director on 08 May 2023.
29 earlier events are in the company report.
Frequently asked questions
Bio Ethanol Agro Industries is an active public limited company based in Annadevarapeta, Andhra Pradesh, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 08 June 2006 (20+ years old) and is registered under CIN U23201AP2006PLC050274.
Bio Ethanol Agro Industries has 3 current directors:
- Arumilli Veerabhadra Rao - Whole-Time Director
- Mukul Kakar - Director
- Diwakar Zhinku Yadav - Additional Director
The latest financial statements of Bio Ethanol Agro Industries on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Bio Ethanol Agro Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Bio Ethanol Agro Industries is U23201AP2006PLC050274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bio Ethanol Agro Industries has 24 court cases on record: 6 filed by the company and 19 filed against it. 3 are pending. Most are in the district courts.
Bio Ethanol Agro Industries was incorporated on 08 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Vijayawada.
Ruchika Kakar ceased to be Director on 08 May 2023. Diwakar Zhinku Yadav was appointed as Additional Director on 06 May 2023. Mukul Kakar was appointed as Director on 20 Jun 2016. Bio Ethanol Agro Industries has 31 board changes on record in total.
The registered office of Bio Ethanol Agro Industries is at R S 213 Annadevarapeta Tallapudi Mandal, Andhra Pradesh, India – 534341.
Bio Ethanol Agro Industries operates in the food and beverages industry, in the alcoholic beverage manufacturing and distribution segment.