About Budge Budge Company Ltd
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Budge Budge Company Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 May 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U26941WB1973PLC028796. Its GSTIN is 19AABCB2410K1ZY (West Bengal).
The company has an authorised share capital of ₹6.65 Cr and a paid-up capital of ₹6.38 Cr. It was formerly known as Carbonates India Ltd and Carbonates (India) Limited. It is led by directors including Manish Poddar (Managing Director) and Ashok Kumar Poddar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 16A Brabourne Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹201.73 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹1.58 Cr (net margin -0.8%) and EBITDA of ₹12.65 Cr (EBITDA margin 6.3%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
The company has about 2,792 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹116.28 Cr and satisfied charges of ₹25.27 Cr on record. Court records list 153 cases involving the company, including 134 filed by the company and 19 filed against it; 15 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gayatrigroup.co.
Company details
Name history
Budge Budge Company has undergone 2 name changes throughout its history. The company was previously known as Carbonates India Ltd, and Carbonates (India) Limited. The current legal name is Budge Budge Company Ltd.
| Company Name | Status |
|---|---|
| Budge Budge Company Ltd | Current |
| Carbonates India Ltd | Previous |
| Carbonates (India) Limited | Previous |
CIN history
Budge Budge Company has one previous CIN (Corporate Identification Number): L26941WB1973PLC028796. The current CIN is U26941WB1973PLC028796, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26941WB1973PLC028796 | Current |
| L26941WB1973PLC028796 | Previous |
Contact details
Budge Budge Company Ltd's registered office is in Kolkata, West Bengal.
- Registered Address16A Brabourne Road, Kolkata, West Bengal, India – 700001
- IndustryManufacturing, Textile & Fabric Production
- 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
Business activity
The main business activity of Budge Budge Company 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 Budge Budge Company Ltd, buy the company report.
Financials of Budge Budge Company Ltd
FY 2025 filings availableBudge Budge Company Ltd reported revenue of ₹201.73 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 12% fall in the latest year. EBITDA fell 37% 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 | ₹12.65 Cr | ||||
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| Net Profit (PAT) | -₹1.58 Cr | ||||
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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 | 6.3% | ||||
| Net Profit Margin | -0.8% | ||||
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To see the full financial statements and ratios of Budge Budge Company Ltd, buy the company report.
Board of directors of Budge Budge Company Ltd
Budge Budge Company has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Poddar | Whole-Time Director | 17 Jan 1981 | 45 Years 9 Months | Current |
| Manish Poddar | Managing Director | 26 Dec 1994 | 31 Years 9 Months | Current |
| Pooja Bothra | Director | 15 Nov 2022 | 3 Years 11 Months | Current |
| Arun Kumar Jaiswal | Director | 15 Nov 2022 | 3 Years 11 Months | Current |
Peer comparison
Budge Budge Company Ltd is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kaytee Corporation Private Limited | ₹202.97 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Shri Anant Syntex Limited | ₹202.64 Cr (FY 2025) | 21.0% | Bhilwara, Rajasthan, India | |||
| Dharanidara Spinning Mills Private Limited | ₹202.56 Cr (FY 2025) | 17.0% | Salem, Tamil Nadu, India | |||
| Ram Spinning Mills Private Limited | ₹202.05 Cr (FY 2025) | 30.0% | Botad, Gujarat, India | |||
| V S P Industries Private Limited | ₹201.81 Cr (FY 2025) | -21.0% | Erode, Tamil Nadu, India | |||
| Budge Budge Company Ltdthis company | ₹201.73 Cr (FY 2025) | -₹1.58 Cr | -0.8% | -12.0% | Kolkata, West Bengal, India | |
| Shree Bharat International Private Limited | ₹201.63 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Bhuvaneswari Cotspin India Private Limited | ₹201.22 Cr (FY 2024) | -17.0% | Coimbatore, Tamil Nadu, India | |||
| Owm Poly Yarn Limited | ₹200.93 Cr (FY 2025) | 43.0% | Ludhiana, Punjab, India | |||
| Parth International Private Limited | ₹200.1 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Sri Lalithambighai Textiles Private Limited | ₹199.83 Cr (FY 2025) | -14.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Budge Budge Company Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2025 | 101207282 | State Bank of India | ₹7 Cr | Open | |
| 30 May 2025 | 101103736 | Others | ₹41.67 Cr | Open | |
| 04 Apr 2025 | 101078904 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 31 Jan 2024 | 100886833 | Others | ₹1.85 Cr | Open | |
| 17 Oct 2023 | 100802232 | Others | ₹27.58 Cr | Open |
To see the full charge records of Budge Budge Company Ltd, buy the company report.
Total charge records: 14 View all charges
Legal cases
Budge Budge Company Ltd has 153 court cases on record: 134 filed by Budge Budge Company, 19 filed against it. 15 cases are pending and 138 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 128 | 14 | 12 |
| Supreme Court | 15 | 3 | 0 |
| District courts | 10 | 2 | 3 |
Cases on record (5 of 153)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (APOT) | Filed against the company by The Bengal Bonded Warehouse Association | Disposed |
| High Court | Court case (APO) | Filed against the company by Contessa Commercial Co. Pvt. Ltd. | Disposed |
| High Court | Arbitration matter | Filed against the company by The Bengal Bonded Warehouse Association | Disposed |
| High Court | Company petition | Filed against the company by Kingsley Industries Ltd. | Disposed |
| High Court | Civil suit | Filed against the company by Jute Corporation of India Ltd. | Disposed |
To see the full case history of Budge Budge Company Ltd, 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
Budge Budge Company Ltd was last rated by Care on 26 Aug 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 26 Aug 2022 |
To see the full credit ratings and regulatory alerts of Budge Budge Company Ltd, buy the company report.
MSME payment delays
Budge Budge Company Ltd has 12 MSME Form 1 returns on record between 2019 and 2023, listing 467 overdue payments to 34 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 34)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shree Balaji Indusco | |||
| an individual supplier | |||
| an individual supplier | |||
| Radha Industrial Corporation |
To see the full MSME payment records of Budge Budge Company Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Budge Budge Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCB2410K1ZY | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Budge Budge Company Ltd, buy the company report.
Recent activity
Budge Budge Company Ltd has 15 board changes on record since 1981: 6 appointments and 9 cessations. The latest: Arun Kumar Jaiswal ceased to be Additional Director on 21 Sep 2023.
29 earlier events are in the company report.
Frequently asked questions
Budge Budge Company is an active public limited company based in Kolkata, West Bengal, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 May 1973 (53+ years old) and is registered under CIN U26941WB1973PLC028796.
Budge Budge Company has 4 current directors:
- Manish Poddar - Managing Director
- Ashok Kumar Poddar - Whole-Time Director
- Pooja Bothra - Director
- Arun Kumar Jaiswal - Director
The latest financial statements of Budge Budge Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Budge Budge Company is 19AABCB2410K1ZY, registered in West Bengal.
The CIN (Corporate Identification Number) of Budge Budge Company is U26941WB1973PLC028796. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Budge Budge Company has 153 court cases on record: 134 filed by the company and 19 filed against it. 15 are pending. Most are in the high courts.
Budge Budge Company was incorporated on 10 May 1973, making it 53+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Budge Budge Company by revenue are Kaytee Corporation Private Limited, Shri Anant Syntex Limited, Dharanidara Spinning Mills Private Limited, Ram Spinning Mills Private Limited, V S P Industries Private Limited and 5 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Arun Kumar Jaiswal ceased to be Additional Director on 21 Sep 2023. Pooja Bothra ceased to be Additional Director on 21 Sep 2023. Madhushree Poddar ceased to be Director on 07 Feb 2023. Budge Budge Company has 15 board changes on record in total.
Budge Budge Company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 467 overdue payments to 34 micro and small suppliers. The latest return was filed on 01 Nov 2023.
Budge Budge Company can be reached through the website gayatrigroup.co. Its registered office is in Kolkata, West Bengal, India.
The registered office of Budge Budge Company is at 16A Brabourne Road, Kolkata, West Bengal, India – 700001.