About Budge Budge Refineries Ltd
Data last updated:
Budge Budge Refineries Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 22 April 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U15326WB1981PLC033574. Its GSTIN is 19AABCB2880M1ZC (West Bengal). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹109.25 Cr and a paid-up capital of ₹98.32 Cr. It was formerly known as Saraf Oil Udyog Ltd. It is led by directors including Harsh Agarwal (Whole-Time Director) and Bijay Kumar Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,320.31 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹154.5 Cr (net margin 3.6%) and EBITDA of ₹361.86 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 11% over five years.
The company has about 242 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹2,577.54 Cr and satisfied charges of ₹1,103.87 Cr on record. Court records list 37 cases involving the company, including 28 filed by the company and 7 filed against it; 7 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 ediblegroup.in.
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- Website
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- Registered AddressP – 336 C.I.T. Road Scheme – Vim, 2nd Floor Phoolbagan, Kolkata, West Bengal, India – 700054
- IndustryFood and Beverages, Edible Oils & Cooking Fats
- 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 Refineries Ltd
The main business activities of Budge Budge Refineries are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
| G | Trade | G1 | Wholesale Trading | 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 Refineries Ltd FY 2025 filings available
Budge Budge Refineries Ltd reported revenue of ₹4,320.31 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Budge Budge Refineries Ltd
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 6% growth in the latest year. EBITDA rose 89% 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 Refineries 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 | ₹361.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹154.5 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 Refineries Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 Refineries 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 Refineries Ltd
Budge Budge Refineries has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Agarwal | Whole-Time Director | 21 Feb 2015 | 11 Years 7 Months | Current |
| Ramesh Agarwal Also directs: Rigveda Resources LLP, Rajshree Milk Products Private Limited, Tirupati Agro Products Private Limited and 5 more | Director | 17 Mar 2018 | 8 Years 7 Months | Current |
| Bijay Kumar Agarwal | Whole-Time Director | 10 Apr 2013 | 13 Years 6 Months | Current |
| Shyam Sundar Nangalia Also directs: Aisha Developers LLP, Central Properties Pvt Ltd, Russel Developers Pvt Ltd and 5 more | Whole-Time Director | 04 Sep 2014 | 12 Years 1 Months | Current |
| Rinku Jain | Director | 12 May 2025 | 1 Years 5 Months | Current |
| Priyanka Pandey Also directs: Goldstone Cements Limited | Director | 12 May 2025 | 1 Years 5 Months | Current |
Peer Comparison of Budge Budge Refineries Ltd
Budge Budge Refineries Ltd is compared with the companies closest to it by revenue in the Food and Beverages industry (Edible Oils, Refineries). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kaleesuwari Refinery Private Limited | ₹5,861.99 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| K.T.V. Health Food Private Limited | ₹5,085.72 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Chennai, Tamil Nadu, India |
| N K Proteins Private Limited | ₹5,010.53 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Ahmedabad, Gujarat, India |
| Gujarat Ambuja Exports Limited Listed | ₹4,695.06 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Ahmedabad, Gujarat, India |
| Kanpur Edibles Private Limited | ₹4,406.28 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Kanpur, Uttar Pradesh, India |
| Budge Budge Refineries Ltd this company | ₹4,320.31 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| M K Agrotech Private Limited | ₹4,086.68 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Srirangapatna, Karnataka, India |
| Goyal Proteins Limited | ₹3,882.95 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Kota, Rajasthan, India |
| B.L. Agro Industries Limited | ₹3,681.66 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bareilly, Uttar Pradesh, India |
| Gokul Refoils and Solvent Limited Listed | ₹3,539.3 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Sidhpur, Gujarat, India |
| South India Krishna Oil and Fats Private Limited | ₹3,535.84 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Budge Budge Refineries by revenue in the Food and Beverages industry (Edible Oils, Refineries), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Budge Budge Refineries Ltd
Budge Budge Refineries Ltd is audited by WALKER CHANDIOK & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| WALKER CHANDIOK & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
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- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Budge Budge Refineries Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Budge Budge Refineries Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jan 2026 | Others | ₹13.82 Lakh | Open |
| 20 Nov 2025 | Others | ₹47.5 Cr | Open |
| 24 Jul 2024 | Others | ₹45 Cr | Open |
| 04 Jun 2024 | Others | ₹50 Cr | Open |
| 08 Mar 2024 | Others | ₹64.05 Cr | Open |
Total charge records: 29 View all charges
Legal Cases of Budge Budge Refineries Ltd
Budge Budge Refineries Ltd has 37 court cases on record: 28 filed by Budge Budge Refineries, 7 filed against it, 2 where it is another party. 7 cases are pending and 30 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 26 | 3 | 3 |
| District courts | 10 | 4 | 4 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (APOT) | Filed by the company against United India Insurance Company Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Matashree Snacks Private Limited | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against United India Insurance Company Limited | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against an individual | Pending |
| Calcutta High Court | Court case (AP-COM) | Company is another party | Pending |
Full case history
All 37 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.
Employees and EPFO Compliance at Budge Budge Refineries Ltd
Budge Budge Refineries Ltd has a workforce of 242 employees as of Apr 06, 2024.
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.
Group Structure of Budge Budge Refineries Ltd
Budge Budge Refineries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Bbb Infraa Logistics Park Private Limited | U45202WB2022PTC256062 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Budge Budge Refineries Ltd
Budge Budge Refineries Ltd has 18 board changes on record since 2010: 9 appointments and 9 cessations. The latest: Vishal Agarwal was appointed as Director on 25 Sep 2025.
64 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Budge Budge Refineries 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
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MSME Payment Delays by Budge Budge Refineries Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Budge Budge Refineries Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
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GST Compliance of Budge Budge Refineries Ltd
Budge Budge Refineries has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCB2880M1ZC | 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
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MCA Filings & Documents of Budge Budge Refineries 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
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- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Budge Budge Refineries Ltd
Budge Budge Refineries is an active public limited company based in Kolkata, West Bengal, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 22 April 1981 (45+ years old) and is registered under CIN U15326WB1981PLC033574.
Budge Budge Refineries reported revenue of ₹4,320.31 Cr for FY 2025 (up 6% YoY).
Budge Budge Refineries has 7 current directors:
- Harsh Agarwal - Whole-Time Director
- Bijay Kumar Agarwal - Whole-Time Director
- Shyam Sundar Nangalia - Whole-Time Director
- Ramesh Agarwal - Director
- Rinku Jain - Director
- Priyanka Pandey - Director
- Vishal Agarwal - Director
Budge Budge Refineries reported a net profit of ₹154.5 Cr (net margin 3.6%) and EBITDA of ₹361.86 Cr (EBITDA margin 8.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Budge Budge Refineries is -1% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Budge Budge Refineries is 19AABCB2880M1ZC, registered in West Bengal. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Budge Budge Refineries is U15326WB1981PLC033574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Budge Budge Refineries has 37 court cases on record: 28 filed by the company and 7 filed against it. 7 are pending. Most are in the high courts.
Budge Budge Refineries was incorporated on 22 April 1981, making it 45+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Budge Budge Refineries by revenue are Kaleesuwari Refinery Private Limited, K.T.V. Health Food Private Limited, N K Proteins Private Limited, Gujarat Ambuja Exports Limited, Kanpur Edibles Private Limited and 5 more, all in the Food and Beverages industry (Edible Oils, Refineries).
Vishal Agarwal was appointed as Director on 25 Sep 2025. Priyanka Pandey was appointed as Director on 12 May 2025. Rinku Jain was appointed as Director on 12 May 2025. Budge Budge Refineries has 18 board changes on record in total.