MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0019322
BNC Power Projects Limited - energy and power in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹430.13 Cr
▲ 28% YoY
Net profit · FY 2025
₹33.45 Cr
Net margin 7.8%
EBITDA · FY 2025
₹79.12 Cr
EBITDA margin 18.4%
Authorised capital
₹6.75 Cr
Registered with MCA
Paid-up capital
₹4.21 Cr
Issued & subscribed
Open charges
₹533.84 Cr
Satisfied ₹230.78 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
300
Provident fund records
About BNC Power Projects Limited
Data last updated:
BNC Power Projects Limited is a public limited company based in Pune, Maharashtra, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 18 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45207PN2007PLC143396. Its GSTIN is 08AADCB2599R1ZV (Rajasthan). The company holds 20 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹6.75 Cr and a paid-up capital of ₹4.21 Cr. It is led by directors including Girish Bhagwat Chaudhari (Managing Director) and Rajesh Prakash Chaudhari (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹430.13 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹33.45 Cr (net margin 7.8%) and EBITDA of ₹79.12 Cr (EBITDA margin 18.4%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 13% over five years.
The company has about 300 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
As per MCA filings, the company has open charges of ₹533.84 Cr and satisfied charges of ₹230.78 Cr on record. Court records list 82 cases involving the company, including 41 filed by the company and 41 filed against it; 21 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.19 Cr; the latest was in December 2020. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 63 overdue payments to 27 micro and small suppliers.
BNC Power Projects Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0019322). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bncpower.in.
Company details
CIN U45207PN2007PLC143396
Registration Number 143396
Incorporation Date 18 October 2007
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0019322
CIN history
BNC Power Projects has one previous CIN (Corporate Identification Number): U45207MH2007PLC175171. The current CIN is U45207PN2007PLC143396, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45207PN2007PLC143396 | Current |
| U45207MH2007PLC175171 | Previous |
Key People
Girish Bhagwat Chaudhari Managing Director Rajesh Prakash Chaudhari Whole-Time Director Yashodhan Namdeo Chaudhari Whole-Time Director Recognitions & Rankings of BNC Power Projects
Contact details
BNC Power Projects Limited's registered office is in Pune, Maharashtra. Its website is bncpower.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMantri Alpine C – Building Phase – 2 Office No.303 3rd Floor S. No. 268 Bavdhan Bk Mulsh, I, Pune, Maharashtra, India – 411021
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of BNC Power Projects Limited, buy the company report.
Comprehensive company report
BNC Power Projects Limited - one report that includes everything
- 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
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Business activity
The main business activities of BNC Power Projects are construction and electricity, gas, steam and air condition supply. In detail, this covers roads, railways, utility projects and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of BNC Power Projects Limited, buy the company report.
Financials of BNC Power Projects Limited
FY 2024 filings availableBNC Power Projects Limited reported revenue of ₹430.13 Cr (up 28% YoY) for FY 2025.
Revenue · FY 2025
₹430.13 Cr ▲ 28%
Net profit · FY 2025
₹33.45 Cr margin 7.8%
EBITDA · FY 2025
₹79.12 Cr margin 18.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 28%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 28% growth in the latest year. EBITDA rose 32% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹79.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.45 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 18.4% | ||||
| Net Profit Margin | 7.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 BNC Power Projects Limited, buy the company report.
Board of directors of BNC Power Projects Limited
BNC Power Projects has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Prakash Chaudhari Also directs: Prabhukrupa Gas Filling Private Limited, Jankipath Infra Private Limited, Rajmata Jijaau Road Nirmiti Private Limited and 4 more | Whole-Time Director | 18 Oct 2007 | 19 Years 0 Months | Current |
| Girish Bhagwat Chaudhari Also directs: Arneemaa Technologies Private Limited, Prabhukrupa Gas Filling Private Limited, Jankipath Infra Private Limited and 5 more | Managing Director | 18 Oct 2007 | 19 Years 0 Months | Current |
| Yashodhan Namdeo Chaudhari | Whole-Time Director | 18 Oct 2007 | 19 Years 0 Months | Current |
| Ganesh Narayan Kapre | Director | 15 Feb 2025 | 1 Years 8 Months | Current |
| Dilip Vinayak Deshmukh | Director | 15 Feb 2025 | 1 Years 8 Months | Current |
| Ranjana Girish Chaudhari | Director | 15 Feb 2025 | 1 Years 8 Months | Current |
Auditor
BNC Power Projects Limited is audited by Mohan B. Agrawal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mohan B. Agrawal & Co. | FY 2023 | 106516W |
Shareholding
The shareholding of BNC Power Projects 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 BNC Power Projects Limited, buy the company report.
Charges & borrowings
Open charges
₹533.84 Cr
Satisfied charges
₹230.78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2025 | 101173682 | Others | ₹15 Cr | Open | |
| 29 Mar 2025 | 101078842 | Others | ₹48 Cr | Open | |
| 24 Feb 2025 | 101058994 | Others | ₹6.75 Cr | Open | |
| 13 Feb 2025 | 101058912 | Others | ₹40 Cr | Open | |
| 30 Aug 2024 | 100978192 | Others | ₹35 Cr | Open |
To see the full charge records of BNC Power Projects Limited, buy the company report.
Total charge records: 41 View all charges
Deals & funding
BNC Power Projects Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.19 Cr; the latest was in December 2020.
Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹2.19 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2013 | Funding round | ₹46 Lakh | Investors: 4 individuals |
| Jun 2012 | Funding round | ₹1.73 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
BNC Power Projects Limited has 82 court cases on record: 41 filed by BNC Power Projects, 41 filed against it. 21 cases are pending and 61 are disposed.
Total cases
82
Filed by the company
41
Filed against the company
41
Pending
21
Disposed
61
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 30 | 13 |
| High courts | 39 | 10 | 8 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 82)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Linco Enterprises Private Ltd | Pending |
| Bombay High Court | Court case (ALP) | Filed by the company against Siddharth Infra Tech Pvt. Ltd., Through Official Liquidator and Others | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Maharashtra State Electricity Transmission Co. Ltd Through Itd Chairman and Managing Deirector and 4 others | Disposed |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by Maharashtra State Electricity Transmission Co. Ltd. Through Its Chief Engineer | Disposed |
| High Court, MAHARASHTRA | Court case (CONPW) | Filed by the company against Maharashtra State Electricity Transmission Company Limited and 3 others | Disposed |
To see the full case history of BNC Power Projects 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
BNC Power Projects Limited was last rated by Care on 18 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 18 Jun 2021 |
To see the full credit ratings and regulatory alerts of BNC Power Projects Limited, buy the company report.
MSME payment delays
BNC Power Projects Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 63 overdue payments to 27 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 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ashida Electronics Private Limited | |||
| Elektrolites (Power) Private Limited | |||
| Mehru Electrical and Mechanical Engineers Private Limited | |||
| Morya Trading Co. | |||
| Lighthouse Info Systems Private Limited |
To see the full MSME payment records of BNC Power Projects Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
BNC Power Projects has 5 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
5
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Dashmesh Road Constructions Private Limited | U45203MH2003PTC142050 | |
| Rajmata Jijaau Road Nirmiti Private Limited | U45309PN2019PTC182244 | |
| Jijamata Road Nirmiti Private Limited | U45309PN2019PTC182290 | |
| Matrutirth Sindkhedraja Infra Private Limited | U74999PN2018PTC176849 | |
| BNC Palsiddha Infra Private Limited | U74999PN2018PTC177251 |
To see the full group structure of BNC Power Projects Limited, buy the company report.
Employees & EPFO
BNC Power Projects Limited has a workforce of 300 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
300
Active EPFO establishments
1
Employee growth
5.26%
GST
BNC Power Projects has 20 GST registrations: 17 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
20
Active
17
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCB2599R1ZV | Rajasthan | Active | 01 Jul 2017 |
| 09AADCB2599R1ZT | Uttar Pradesh | Active | 01 Jul 2017 |
| 20AADCB2599R1Z9 | Jharkhand | Active | 01 Jul 2017 |
| 21AADCB2599R1Z7 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of BNC Power Projects Limited, buy the company report.
Recent activity
BNC Power Projects Limited has 14 board changes on record since 2007: 6 appointments and 8 cessations. The latest: Dilip Vinayak Deshmukh was appointed as Director on 15 Feb 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 66.98 Cr registered on 02 Jul 2012 with Charge ID 10367472 was modified on 18 Oct 2025.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101173682 was registered on 20 Sep 2025.
Charges
A charge registered on 12 Apr 2023 via Charge ID 100710309 with Tata Capital Financial Services Limited was fully satisfied on 12 Aug 2025.
Charges
A charge with Others of Rs. 34.00 Cr registered on 29 Aug 2024 with Charge ID 100977490 was modified on 11 Jun 2025.
Charges
A charge with Others of Rs. 6.00 Cr registered on 29 Aug 2024 with Charge ID 100977496 was modified on 11 Jun 2025.
Charges
A charge registered on 20 Aug 2016 via Charge ID 100048976 with State Bank Of India was fully satisfied on 23 Apr 2025.
Charges
A charge registered on 21 Dec 2023 via Charge ID 100846911 with Others was fully satisfied on 18 Apr 2025.
Charges
A charge with Others amounted to Rs. 48.00 Cr with Charge ID 101078842 was registered on 29 Mar 2025.
Charges
A charge with Others of Rs. 35.00 Cr registered on 30 Aug 2024 with Charge ID 100978192 was modified on 27 Mar 2025.
Charges
A charge with Others of Rs. 40.00 Cr registered on 13 Feb 2025 with Charge ID 101058912 was modified on 24 Mar 2025.
Charges
A charge with Axis Bank Limited of Rs. 40.63 Cr registered on 26 Mar 2014 with Charge ID 10490114 was modified on 27 Feb 2025.
Charges
A charge with Others amounted to Rs. 6.75 Cr with Charge ID 101058994 was registered on 24 Feb 2025.
79 earlier events are in the company report.
Frequently asked questions
BNC Power Projects is an active public limited company based in Pune, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 18 October 2007 (19+ years old) and is registered under CIN U45207PN2007PLC143396.
BNC Power Projects has 6 current directors:
- Girish Bhagwat Chaudhari - Managing Director
- Rajesh Prakash Chaudhari - Whole-Time Director
- Yashodhan Namdeo Chaudhari - Whole-Time Director
- Ganesh Narayan Kapre - Director
- Dilip Vinayak Deshmukh - Director
- Ranjana Girish Chaudhari - Director
The latest financial statements of BNC Power Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of BNC Power Projects is 08AADCB2599R1ZV, registered in Rajasthan. The company has 20 GST registrations in all, of which 17 are active and 3 are cancelled or inactive. Other active GSTINs include 09AADCB2599R1ZT (Uttar Pradesh), 20AADCB2599R1Z9 (Jharkhand), 21AADCB2599R1Z7 (Odisha).
The CIN (Corporate Identification Number) of BNC Power Projects is U45207PN2007PLC143396. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BNC Power Projects has 82 court cases on record: 41 filed by the company and 41 filed against it. 21 are pending. Most are in the district courts.
BNC Power Projects was incorporated on 18 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
BNC Power Projects has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.19 Cr; the latest was in December 2020.
Dilip Vinayak Deshmukh was appointed as Director on 15 Feb 2025. Ganesh Narayan Kapre was appointed as Director on 15 Feb 2025. Ranjana Girish Chaudhari was appointed as Director on 15 Feb 2025. BNC Power Projects has 14 board changes on record in total.
Yes, BNC Power Projects is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0019322).
BNC Power Projects has 12 MSME Form 1 returns on record between 2019 and 2024, listing 63 overdue payments to 27 micro and small suppliers. The latest return was filed on 29 Apr 2024.
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