MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0016771
Bullflex Rubbers Private Limited - manufacturing in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.55 Cr
▲ 24% YoY
Net profit · FY 2025
₹35.41 Lakh
Net margin 1.7%
EBITDA · FY 2025
₹2.57 Cr
EBITDA margin 12.5%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹28.06 Cr
Satisfied ₹47.24 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
21
Provident fund records
About Bullflex Rubbers Private Limited
Data last updated:
Bullflex Rubbers Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 09 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2004PTC043749. Its GSTIN is 24AABCV9406D1ZK (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Udayan Navinchandra Shah (Managing Director) and Rishabh Shah (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 333 Abhishek Complexakshar Chowk Old Padra Road, Vadodara, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.55 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹35.41 Lakh (net margin 1.7%) and EBITDA of ₹2.57 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 5% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.06 Cr and satisfied charges of ₹47.24 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
Bullflex Rubbers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0016771). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vrushabhtranscon.com.
Company details
CIN U51909GJ2004PTC043749
Registration Number 043749
Incorporation Date 09 March 2004
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-24-0016771
Key People
Udayan Navinchandra Shah Managing Director Rishabh Shah Whole-Time Director Maheshbhai Bhavsar Director Recognitions & Rankings of Bullflex Rubbers
Contact details
Bullflex Rubbers Private Limited's registered office is in Vadodara, Gujarat. Its website is vrushabhtranscon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address333 Abhishek Complexakshar Chowk Old Padra Road, Vadodara, Gujarat, India
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Bullflex Rubbers Private Limited, buy the company report.
Comprehensive company report
Bullflex Rubbers Private 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 activity of Bullflex Rubbers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Bullflex Rubbers Private Limited, buy the company report.
Financials of Bullflex Rubbers Private Limited
FY 2024 filings availableBullflex Rubbers Private Limited reported revenue of ₹20.55 Cr (up 24% YoY) for FY 2025.
Revenue · FY 2025
₹20.55 Cr ▲ 24%
Net profit · FY 2025
₹35.41 Lakh margin 1.7%
EBITDA · FY 2025
₹2.57 Cr margin 12.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 17%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 20%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 24% growth in the latest year. EBITDA rose 36% 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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| Total Expenses | |||||
| EBITDA | ₹2.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹35.41 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 12.5% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Bullflex Rubbers Private Limited, buy the company report.
Board of directors of Bullflex Rubbers Private Limited
Bullflex Rubbers has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udayan Navinchandra Shah Also directs: Technobest Park LLP | Managing Director | 09 Mar 2004 | 22 Years 7 Months | Current |
| Maheshbhai Bhavsar | Director | 13 Jul 2020 | 6 Years 3 Months | Current |
| Sania Udayan Shah | Director | 21 Oct 2021 | 5 Years 0 Months | Current |
| Rishabh Shah | Whole-Time Director | 21 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Bullflex Rubbers Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Riders Rubber Reclaim Products Private Limited | ₹20.7 Cr (FY 2025) | 44.0% | Ernakulam, Kerala, India | |||
| GD Tech India Private Limited | ₹20.61 Cr (FY 2025) | 2.0% | Assam, India | |||
| Ashutosh Rubber Private Limited | ₹20.56 Cr (FY 2025) | 13.0% | Metoda, Gujarat, India | |||
| Shree Balaji Plastochem Private Limited | ₹20.56 Cr (FY 2024) | 25.0% | Surat, Gujarat, India | |||
| Bullflex Rubbers Private Limitedthis company | ₹20.55 Cr (FY 2025) | ₹35.41 Lakh | 1.7% | 24.0% | 21 | Vadodara, Gujarat, India |
| Pulsar Rubber Manufacturing Company Pvt Ltd | ₹20.53 Cr (FY 2025) | -9.0% | 24 Parganas, West Bengal, India | |||
| Miju Components Private Limited | ₹20.43 Cr (FY 2025) | 0.0% | Mulshi Pune, Maharashtra, India | |||
| LHSS - MRP Silicone Hoses Private Limited | ₹20.39 Cr (FY 2025) | 30.0% | Chennai, Tamil Nadu, India | |||
| Nexo Enterprises Private Limited | ₹20.28 Cr (FY 2025) | 14.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Bullflex Rubbers Private Limited, buy the company report.
Auditor
Bullflex Rubbers Private Limited is audited by SANJAY C. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY C. SHAH & CO. | FY 2023 | 112000W |
Shareholding
The shareholding of Bullflex Rubbers Private 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 Bullflex Rubbers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.06 Cr
Satisfied charges
₹47.24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2024 | 100988294 | Others | ₹8 Cr | Open | |
| 25 Sep 2024 | 100989221 | Others | ₹8 Cr | Open | |
| 19 Apr 2024 | 100918036 | Others | ₹8 Cr | Open | |
| 07 Nov 2023 | 100807435 | Sidbi | ₹70 Lakh | Open | |
| 25 Jul 2023 | 100780974 | Sidbi | ₹1.73 Cr | Open |
To see the full charge records of Bullflex Rubbers Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Bullflex Rubbers Private Limited has 3 court cases on record: 2 filed by Bullflex Rubbers, 1 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against an individual | Disposed |
To see the full case history of Bullflex Rubbers Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bullflex Rubbers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bullflex Rubbers Private Limited has a workforce of 21 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
-12.5%
GST
Bullflex Rubbers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCV9406D1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bullflex Rubbers Private Limited, buy the company report.
Recent activity
Bullflex Rubbers Private Limited has 6 board changes on record since 2004: 5 appointments and 1 cessation. The latest: Shah Arpana Udayan ceased to be Director on 17 Nov 2023.
Charges
A charge with Others of Rs. 8.00 Cr registered on 17 Oct 2024 with Charge ID 100988294 was modified on 30 Aug 2025.
Charges
A charge with Others of Rs. 8.00 Cr registered on 25 Sep 2024 with Charge ID 100989221 was modified on 12 Aug 2025.
Charges
A charge registered on 21 Nov 2019 via Charge ID 100302109 with Sidbi was fully satisfied on 24 Feb 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 0.03 Cr registered on 31 May 2019 with Charge ID 100273555 was modified on 11 Dec 2024.
Charges
A charge registered on 07 May 2019 via Charge ID 100273216 with Others was fully satisfied on 11 Nov 2024.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100988294 was registered on 17 Oct 2024.
AGM
Bullflex Rubbers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100989221 was registered on 25 Sep 2024.
Charges
A charge registered on 30 Jul 2020 via Charge ID 100354427 with Sidbi was fully satisfied on 14 Aug 2024.
Charges
A charge registered on 27 Nov 2019 via Charge ID 100306325 with Hdfc Bank Limited was fully satisfied on 06 Jul 2024.
Charges
A charge registered on 18 May 2019 via Charge ID 100273754 with Hdfc Bank Limited was fully satisfied on 06 Jul 2024.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100918036 was registered on 19 Apr 2024.
36 earlier events are in the company report.
Frequently asked questions
Bullflex Rubbers is an active private limited company based in Vadodara, Gujarat, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 09 March 2004 (22+ years old) and is registered under CIN U51909GJ2004PTC043749.
Bullflex Rubbers has 4 current directors:
- Udayan Navinchandra Shah - Managing Director
- Rishabh Shah - Whole-Time Director
- Maheshbhai Bhavsar - Director
- Sania Udayan Shah - Director
The latest financial statements of Bullflex Rubbers 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 Bullflex Rubbers is 24AABCV9406D1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Bullflex Rubbers is U51909GJ2004PTC043749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bullflex Rubbers has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Bullflex Rubbers was incorporated on 09 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bullflex Rubbers by revenue are Riders Rubber Reclaim Products Private Limited, GD Tech India Private Limited, Ashutosh Rubber Private Limited, Shree Balaji Plastochem Private Limited, Pulsar Rubber Manufacturing Company Pvt Ltd and 3 more, all in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Shah Arpana Udayan ceased to be Director on 17 Nov 2023. Rishabh Shah was appointed as Whole-Time Director on 21 Oct 2021. Sania Udayan Shah was appointed as Director on 21 Oct 2021. Bullflex Rubbers has 6 board changes on record in total.
Yes, Bullflex Rubbers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0016771).
Bullflex Rubbers can be reached through the website vrushabhtranscon.com. Its registered office is in Vadodara, Gujarat, India.