About BLS Ecotech Limited
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BLS Ecotech Limited is a public limited company based in New Delhi, Delhi, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 21 January 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1999PLC098024. Its GSTIN is 08AABCB1732A1ZF (Rajasthan). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹21.08 Cr. It was formerly known as Bls Ethanol Limited and Bls Ethanol Private Limited. It is led by directors including Madhukar Aggarwal (Managing Director) and Nimit Aggarwal (Whole-Time Director).
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 910 Indraprakash Building 21 Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹273.15 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹3.6 Cr (net margin 1.3%) and EBITDA of ₹30.48 Cr (EBITDA margin 11.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BLS Ecotech. As per MCA filings, the company has open charges of ₹171.03 Cr and satisfied charges of ₹472.03 Cr on record. Court records list 12 cases involving the company, including 5 filed by the company and 7 filed against it; 3 cases are pending. The company has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹51.1 Cr; the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website blsecotech.com.
Company details
Name history
BLS Ecotech has undergone 4 name changes throughout its history. The current legal name is Bls Ecotech Limited.
| Company Name | Status |
|---|---|
| BLS Ecotech Limited | Current |
| Bls Ethanol Limited | Previous |
| Bls Ethanol Private Limited | Previous |
| Bls Infotech Limited | Previous |
| Bls Infotech Private Limited | Previous |
Contact details
BLS Ecotech Limited's registered office is in New Delhi, Delhi. Its website is blsecotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address910 Indraprakash Building 21 Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of BLS Ecotech 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
BLS Ecotech operates one associated brand: BLS Ecotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Recycles PET bottles into durable polyester fiber for sustainable industries. | blsecotech.com |
Business activity
The main business activity of BLS Ecotech is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of BLS Ecotech Limited, buy the company report.
Financials of BLS Ecotech Limited
FY 2025 filings availableBLS Ecotech Limited reported revenue of ₹273.15 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 24% fall in the latest year. EBITDA rose 34% 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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| EBITDA | ₹30.48 Cr | ||||
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| Net Profit (PAT) | ₹3.6 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 11.2% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of BLS Ecotech Limited, buy the company report.
Board of directors of BLS Ecotech Limited
BLS Ecotech has 5 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhukar Aggarwal Also directs: Elephant Systems Private Limited, Hillman Properties Private Limited, Alpha Plus Credit and Securities Private Limited and 4 more | Managing Director | 21 Jan 2003 | 23 Years 9 Months | Current |
| Rozy | Director | 18 Dec 2018 | 7 Years 10 Months | Current |
| Prabhav Vats Also directs: Perfect Learning Education Foundation | Director | 18 Dec 2018 | 7 Years 10 Months | Current |
| Nimit Aggarwal Also directs: Elephant Systems Private Limited, GRB Finvest Private Limited, A S P I Animagix Private Limited and 4 more | Whole-Time Director | 30 Sep 2013 | 13 Years 0 Months | Current |
| Pintu Kumar Mandal | Director | 01 Feb 2023 | 3 Years 8 Months | Current |
Auditor
BLS Ecotech Limited is audited by Gupta Jalan & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta Jalan & Associates | FY 2025 | 003721N |
Shareholding
The shareholding of BLS Ecotech Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of BLS Ecotech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2025 | 101028038 | Others | ₹10 Cr | Open | |
| 27 Jun 2024 | 100943615 | Others | ₹20 Cr | Open | |
| 25 Jul 2023 | 100754237 | Yes Bank Limited | ₹10 Cr | Open | |
| 11 May 2023 | 100723321 | Others | ₹61.1 Cr | Open | |
| 15 Feb 2023 | 100678507 | Axis Bank Limited | ₹8 Cr | Open |
To see the full charge records of BLS Ecotech Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
BLS Ecotech Limited has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹51.1 Cr; the latest was in March 2024.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: B. L. & Sons Limited Seller: BLS International Services Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Treasure House Exports Private Limited , Transpan Financial Services Limited , T M Advertiser Private Limited |
| Nov 2015 | Funding round | ₹21.24 Cr | Investors: Annex Hotels Private Limited , 2 individuals |
| Mar 2013 | Funding round | ₹11.01 Cr | Investors: Gra Finvest Private Limited , Fragrence Credit & Securities Private Limited, JLB Finvest Private Limited |
| Mar 2011 | Funding round | ₹11.64 Cr | Investors: Wazirpur Finvest Private Limited , Fragrence Credit & Securities Private Limited, Gra Finvest Private Limited |
To see the full deal history of BLS Ecotech 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
BLS Ecotech Limited has 12 court cases on record: 5 filed by BLS Ecotech, 7 filed against it. 3 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 7 | 1 |
| High courts | 2 | 0 | 1 |
| NCLT | 1 | 0 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Allahabad | Insolvency matter | Filed by the company against Shivalik Cotsyn Pvt.Ltd | Pending |
| High Court of Delhi | Court case (RFA(COMM)) | Filed by the company against an individual | Pending |
| District court, Central, Delhi | Civil suit | Filed against the company by State | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by State Government | Disposed |
| District court, KOTPUTLI BEHROR, Rajasthan | Criminal case | Filed against the company by State | Disposed |
To see the full case history of BLS Ecotech 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.
Credit ratings & regulatory alerts
BLS Ecotech Limited was last rated by Crisil on 07 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 07 Oct 2020 |
To see the full credit ratings and regulatory alerts of BLS Ecotech Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for BLS Ecotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
BLS Ecotech Limited has a workforce of 80 employees on its EPFO records as of Sep 24, 2025, across 3 active EPFO establishments.
GST
BLS Ecotech has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCB1732A1ZF | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of BLS Ecotech Limited, buy the company report.
Recent activity
BLS Ecotech Limited has 25 board changes on record since 1999: 15 appointments and 10 cessations. The latest: Pintu Kumar Mandal was appointed as Director on 01 Feb 2023.
69 earlier events are in the company report.
Frequently asked questions
BLS Ecotech is an active public limited company based in New Delhi, Delhi, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 21 January 1999 (27+ years old) and is registered under CIN U74899DL1999PLC098024.
BLS Ecotech has 5 current directors:
- Madhukar Aggarwal - Managing Director
- Nimit Aggarwal - Whole-Time Director
- Rozy - Director
- Prabhav Vats - Director
- Pintu Kumar Mandal - Director
The latest financial statements of BLS Ecotech 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 BLS Ecotech is 08AABCB1732A1ZF, registered in Rajasthan. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of BLS Ecotech is U74899DL1999PLC098024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BLS Ecotech has 12 court cases on record: 5 filed by the company and 7 filed against it. 3 are pending. Most are in the district courts.
BLS Ecotech was incorporated on 21 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
BLS Ecotech has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹51.1 Cr; the latest was in March 2024.
Pintu Kumar Mandal was appointed as Director on 01 Feb 2023. Sushil Aggarwal ceased to be Director on 31 Jan 2023. Prabhav Vats was appointed as Director on 18 Dec 2018. BLS Ecotech has 25 board changes on record in total.
BLS Ecotech can be reached through the website blsecotech.com. Its registered office is in New Delhi, Delhi, India.