About Budge Budge Company Ltd
Data last updated:
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.
Name History of Budge Budge Company Ltd
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 of Budge Budge Company Ltd
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 |
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- 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
- One PDF report, delivered after checkout
Business Activity of Budge Budge Company Ltd
The main business activity of Budge Budge Company is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Budge Budge Company Ltd FY 2025 filings available
Budge Budge Company Ltd reported revenue of ₹201.73 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Budge Budge Company Ltd
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 of Budge Budge Company Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹12.65 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.58 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Budge Budge Company Ltd
| 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% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Budge Budge Company are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 of Budge Budge Company Ltd
Budge Budge Company Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| 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 Ltd this company | ₹201.73 Cr (FY 2025) | •••• | •••• | -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 |
Peers are the five companies nearest above and the five nearest below Budge Budge Company by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Budge Budge Company Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2025 | State Bank of India | ₹7 Cr | Open |
| 30 May 2025 | Others | ₹41.67 Cr | Open |
| 04 Apr 2025 | Hdfc Bank Limited | ₹12 Lakh | Open |
| 31 Jan 2024 | Others | ₹1.85 Cr | Open |
| 17 Oct 2023 | Others | ₹27.58 Cr | Open |
Total charge records: 14 View all charges
Legal Cases of Budge Budge Company Ltd
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 |
Full case history
All 153 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Budge Budge Company Ltd
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Budge Budge Company Ltd
Employment history and EPFO contributions of people linked to Budge Budge Company.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Budge Budge Company Ltd
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Budge Budge Company Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Budge Budge Company Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Budge Budge Company Ltd
Budge Budge Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCB2410K1ZY | West Bengal | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Budge Budge Company Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Budge Budge Company Ltd
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 reported revenue of ₹201.73 Cr for FY 2025 (down 12% YoY).
Budge Budge Company has 4 current directors:
- Manish Poddar - Managing Director
- Ashok Kumar Poddar - Whole-Time Director
- Pooja Bothra - Director
- Arun Kumar Jaiswal - Director
Budge Budge Company reported a net loss of ₹1.58 Cr (net margin -0.8%) and EBITDA of ₹12.65 Cr (EBITDA margin 6.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Budge Budge Company is -4% over three years and -3% over five years. In the latest year (FY 2025) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
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).
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.