About Biomax Fuels Limited
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Biomax Fuels Limited is a public limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 05 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U15143AP2005PLC047361. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹158.5 Cr and a paid-up capital of ₹154.09 Cr. It is led by directors including Ravinder Mula (Managing Director) and Anila Gouri Mula.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No: S & T Special Economic Zone Duvvada, Visakhapatnam, Andhra Pradesh, India – 530046.
As per the financials filed for FY 2020, the company reported a revenue of ₹241.25 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net loss of ₹25.48 Cr (net margin -10.6%) and EBITDA of -₹15.13 Cr (EBITDA margin -6.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 22% over five years.
The company has about 174 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹105.7 Cr and satisfied charges of ₹146.8 Cr on record. Court records list 28 cases involving the company, including 3 filed by the company and 25 filed against it; 9 cases are pending. The company has 13 deals on record (8 funding rounds, 5 secondary share transfers), with disclosed funding of ₹153 Cr; the latest was in February 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website biomaxfuels.com.
Company details
CIN history
Biomax Fuels has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U15143AP2005PLC047361, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15143AP2005PLC047361 | Current |
| U15143AP2005SGC047361 | Previous |
| U15143TG2005PLC047361 | Previous |
Contact details
Biomax Fuels Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is biomaxfuels.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No: S & T Special Economic Zone Duvvada, Visakhapatnam, Andhra Pradesh, India – 530046
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Biomax Fuels 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 Biomax Fuels Limited
FY 2020 filings availableBiomax Fuels Limited reported revenue of ₹241.25 Cr (up 39% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 39% growth 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 | ₹241.25 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹15.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25.48 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.3% | ||||
| Net Profit Margin | -10.6% | ||||
| 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 Biomax Fuels Limited, buy the company report.
Board of directors of Biomax Fuels Limited
Biomax Fuels 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 |
|---|---|---|---|---|
| Ravinder Mula Also directs: Biomax Life Sciences Limited, Vishwas Agro Plantation Pvt.Ltd., Alltime Projects Limited and 1 more | Managing Director | 05 Sep 2005 | 21 Years 1 Months | Current |
| Vasundara Radhika Maharaja | Additional Director | 03 Mar 2023 | 3 Years 7 Months | Current |
| Anila Gouri Mula | Director | 27 Mar 2015 | 11 Years 6 Months | Current |
Auditor
Biomax Fuels Limited is audited by M N RAO & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M N RAO & ASSOCIATES | FY 2020 | 005386S |
Shareholding
The shareholding of Biomax Fuels 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 Biomax Fuels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2017 | 100139920 | Others | ₹20 Cr | Open | |
| 09 Feb 2017 | 100080311 | Others | ₹6 Cr | Open | |
| 09 Feb 2017 | 100080313 | Others | ₹39.7 Cr | Open | |
| 09 Feb 2017 | 100080458 | Others | ₹40 Cr | Open | |
| 13 Mar 2009 | 10145928 | State Bank of India | ₹146.8 Cr | Satisfied |
To see the full charge records of Biomax Fuels Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Biomax Fuels Limited has 13 deals on record (8 funding rounds, 5 secondary share transfers), with disclosed funding of ₹153 Cr; the latest was in February 2018.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Iquest Enterprises Private Limited , an individual Seller: G2 Trade Centre Private Limited , 3 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: G2 Trade Centre Private Limited , 2 individuals Seller: Alltime Projects Limited , 3 individuals |
| Jun 2013 | Funding round | ₹6.85 Cr | Investors: Alltime Projects Limited , 3 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Vishwas Agro Plantation Pvt.Ltd. , 3 individuals Seller: 3 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Vishwas Agro Plantation Pvt.Ltd. , Alltime Projects Limited , 2 individuals Seller: 2 individuals |
To see the full deal history of Biomax Fuels Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Biomax Fuels Limited has 28 court cases on record: 3 filed by Biomax Fuels, 25 filed against it. 9 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 19 | 9 |
| High courts | 5 | 5 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed against the company by M/S. Economy Process Solutions Pvt. Ltd. | Pending |
| District court, Visakapatnam, Andhra Pradesh | Court case (CEP) | Filed against the company by Novozymes South Asia Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Refinitiv India Private Limited - Through Mr. Yogesh Gadkari | Disposed |
| High Court, TELANGANA | Writ petition | Filed against the company by M/S. Theme Ambience Resorts and Hotels Pvt. Ltd. | Disposed |
| NCLT, Amravati | Insolvency matter | Filed against the company by Trident Chemphar Limited | Disposed |
To see the full case history of Biomax Fuels 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 Biomax Fuels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Biomax Fuels Limited has a workforce of 174 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Biomax Fuels 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 Biomax Fuels Limited, buy the company report.
Recent activity
Biomax Fuels Limited has 17 board changes on record since 2005: 4 appointments and 13 cessations. The latest: Kalyan Chakravarthy Mula ceased to be Director on 03 Mar 2023.
19 earlier events are in the company report.
Frequently asked questions
Biomax Fuels is an active public limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 05 September 2005 (21+ years old) and is registered under CIN U15143AP2005PLC047361.
Biomax Fuels has 3 current directors:
- Ravinder Mula - Managing Director
- Vasundara Radhika Maharaja - Additional Director
- Anila Gouri Mula - Director
The latest financial statements of Biomax Fuels on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Biomax Fuels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Biomax Fuels is U15143AP2005PLC047361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Biomax Fuels has 28 court cases on record: 3 filed by the company and 25 filed against it. 9 are pending. Most are in the district courts.
Biomax Fuels was incorporated on 05 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Vijayawada.
Biomax Fuels has 13 deals on record (8 funding rounds, 5 secondary share transfers), with disclosed funding of ₹153 Cr; the latest was in February 2018.
Kalyan Chakravarthy Mula ceased to be Director on 03 Mar 2023. Vasundara Radhika Maharaja was appointed as Additional Director on 03 Mar 2023. Ramana Kumar Chejarla ceased to be Whole-Time Director on 25 Oct 2021. Biomax Fuels has 17 board changes on record in total.
Biomax Fuels can be reached through the website biomaxfuels.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.