- Category
- Medium (2023-24)
- Udyam number
- UDYAM-AS-03-0002646

About Bitchem Asphalt Technologies Limited
Data last updated:
Bitchem Asphalt Technologies Limited is a public limited company based in Guwahati, Assam, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 27 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U27104AS1996PLC004876. Its GSTIN is 18AACCS8842H1Z1 (Assam). The company holds 16 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.05 Cr. It was formerly known as S M Bitumax Limited. It is led by directors including Rajeev Agarwal and Sarat Kumar Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Anil Plaza 3rd Floor Near Idbi Bank G.S.Road, Guwahati, Assam, India – 781005.
As per the financials filed for FY 2025, the company reported a revenue of ₹143.27 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹83.25 Lakh (net margin 0.6%) and EBITDA of ₹6.99 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 45% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BitChem. As per MCA filings, the company has open charges of ₹35.66 Cr and satisfied charges of ₹57.15 Cr on record. Court records list 19 cases involving the company, including 18 filed by the company and 1 filed against it; 9 cases are pending. The company has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹1.28 Cr; the latest was in June 2024. The company has 11 MSME Form 1 returns on record between 2020 and 2023, listing 23 overdue payments to 6 micro and small suppliers.
Bitchem Asphalt Technologies Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AS-03-0002646). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bitchem.com.
Company details
CIN history
Bitchem Asphalt Technologies has one previous CIN (Corporate Identification Number): U27104AS1996PTC004876. The current CIN is U27104AS1996PLC004876, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27104AS1996PLC004876 | Current |
| U27104AS1996PTC004876 | Previous |
Recognitions & Rankings of Bitchem Asphalt Technologies
Contact details
Bitchem Asphalt Technologies Limited's registered office is in Guwahati, Assam. Its website is bitchem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAnil Plaza 3rd Floor Near Idbi Bank G.S.Road, Guwahati, Assam, India – 781005
- IndustryManufacturing, Construction Materials
To see the full contact details of Bitchem Asphalt Technologies 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
Brands
Bitchem Asphalt Technologies operates one associated brand: BitChem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Commercial properties are constructed by BitChem in Guwahati, India. | bitchem.com |
Business activity
The main business activity of Bitchem Asphalt Technologies is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Bitchem Asphalt Technologies Limited, buy the company report.
Financials of Bitchem Asphalt Technologies Limited
FY 2025 filings availableBitchem Asphalt Technologies Limited reported revenue of ₹143.27 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 45%. EBITDA rose 26% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹6.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹83.25 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Bitchem Asphalt Technologies Limited, buy the company report.
Board of directors of Bitchem Asphalt Technologies Limited
Bitchem Asphalt Technologies has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Agarwal Also directs: SM Venture Partners Private Limited, Meghalaya Bitchem Private Limited, Moonlife Infrastructure Limited and 5 more | Director | 01 Nov 2010 | 15 Years 11 Months | Current |
| Sarat Kumar Jain Also directs: Meghalaya Bitchem Private Limited, SM Sons Holdings Private Limited, SM Energenco Limited and 5 more | Director | 27 Sep 1996 | 30 Years 0 Months | Current |
| Paruchuri Gangadhar Rao | Director | 18 May 2019 | 7 Years 5 Months | Current |
| Rishi Agarwal Also directs: SM Venture Partners Private Limited, Moonlife Infrastructure Limited, Bangbhumi Developers Limited and 5 more | Director | 17 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Bitchem Asphalt Technologies Limited is audited by VIVEK SHANTILAL JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIVEK SHANTILAL JAIN & CO. | FY 2023 | 324514E |
Shareholding
The shareholding of Bitchem Asphalt Technologies Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bitchem Asphalt Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2023 | 100796614 | Axis Bank Limited | ₹7.79 Lakh | Open | |
| 29 Aug 2023 | 100779579 | Axis Bank Limited | ₹70.8 Lakh | Open | |
| 11 Jul 2022 | 100756418 | Hdfc Bank Limited | ₹17.58 Lakh | Open | |
| 01 Dec 2009 | 10189586 | Axis Bank Limited | ₹34.7 Cr | Open | |
| 23 Mar 2018 | 100172408 | Others | ₹9.74 Cr | Satisfied |
To see the full charge records of Bitchem Asphalt Technologies Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Bitchem Asphalt Technologies Limited has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹1.28 Cr; the latest was in June 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Rights issue | ₹9.54 Cr | Investors: Meghalaya Bitchem Private Limited , 3 individuals |
| Jun 2020 | Rights issue | ₹3.68 Cr | Investors: SM Hotels and Resorts Private Limited , an individual |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Feb 2017 | Funding round | ₹50 Lakh | Investors: 2 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
To see the full deal history of Bitchem Asphalt Technologies 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
Bitchem Asphalt Technologies Limited has 19 court cases on record: 18 filed by Bitchem Asphalt Technologies, 1 filed against it. 9 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 0 | 7 |
| High courts | 8 | 1 | 2 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kamrup Metro, Assam | Court case (N I Act) | Filed by the company against Varaha Infra Limited | Pending |
| District court, Kamrup Metro, Assam | Court case (Money Execution(arbitration)) | Filed by the company against Ms DRK Infratech Pvt. Ltd. | Pending |
| District court, Kamrup Metro, Assam | Court case (Complaint Case C.R.) | Filed by the company against M/S Kapasi Infracon LLP and 2 others | Pending |
| High Court, Assam | Arbitration matter | Filed by the company against DRK Infratech Pvt. Ltd. | Disposed |
| Gauhati High Court | Court case (Crl.Pet.) | Filed against the company | Pending |
To see the full case history of Bitchem Asphalt Technologies 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
Bitchem Asphalt Technologies Limited has 11 MSME Form 1 returns on record between 2020 and 2023, listing 23 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Choudhary Bitumen and Allied Products Private Limited | |||
| an individual supplier | |||
| Varatoya Water Solutions Private Limited | |||
| JKG Eximcon Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Bitchem Asphalt Technologies Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bitchem Asphalt Technologies Limited has a workforce of 45 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Bitchem Asphalt Technologies has 16 GST registrations: 6 active and 10 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AACCS8842H1Z1 | Assam | Active | 01 Jul 2017 |
| 02AACCS8842H1ZE | Himachal Pradesh | Active | 01 Jul 2017 |
| 17AACCS8842H1Z3 | Meghalaya | Active | 01 Jul 2017 |
| 19AACCS8842H1ZZ | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bitchem Asphalt Technologies Limited, buy the company report.
Recent activity
Bitchem Asphalt Technologies Limited has 11 board changes on record since 1996: 4 appointments and 7 cessations. The latest: Kulvin Suri ceased to be Director on 25 Nov 2025.
21 earlier events are in the company report.
Frequently asked questions
Bitchem Asphalt Technologies is an active public limited company based in Guwahati, Assam, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 27 September 1996 (30+ years old) and is registered under CIN U27104AS1996PLC004876.
Bitchem Asphalt Technologies has 4 current directors:
- Rajeev Agarwal - Director
- Sarat Kumar Jain - Director
- Paruchuri Gangadhar Rao - Director
- Rishi Agarwal - Director
The latest financial statements of Bitchem Asphalt Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bitchem Asphalt Technologies is 18AACCS8842H1Z1, registered in Assam. The company has 16 GST registrations in all, of which 6 are active and 10 are cancelled or inactive. Other active GSTINs include 02AACCS8842H1ZE (Himachal Pradesh), 17AACCS8842H1Z3 (Meghalaya), 19AACCS8842H1ZZ (West Bengal).
The CIN (Corporate Identification Number) of Bitchem Asphalt Technologies is U27104AS1996PLC004876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitchem Asphalt Technologies has 19 court cases on record: 18 filed by the company and 1 filed against it. 9 are pending. Most are in the district courts.
Bitchem Asphalt Technologies was incorporated on 27 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Guwahati.
Bitchem Asphalt Technologies has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹1.28 Cr; the latest was in June 2024.
Kulvin Suri ceased to be Director on 25 Nov 2025. Rishi Agarwal was appointed as Director on 17 Oct 2023. Sushil Kumar Jain ceased to be Director on 01 Dec 2020. Bitchem Asphalt Technologies has 11 board changes on record in total.
Yes, Bitchem Asphalt Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-AS-03-0002646).
Bitchem Asphalt Technologies has 11 MSME Form 1 returns on record between 2020 and 2023, listing 23 overdue payments to 6 micro and small suppliers. The latest return was filed on 29 Jun 2024.