About BBF Industries Limited
Data last updated:
BBF Industries Limited is a public limited company based in Ludhiana, Punjab, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the paper segment of the packaging sector. It was incorporated on 01 July 1996.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74950PB1996PLC018439. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹25.47 Cr. It was formerly known as Bharat Box Factory Limited. It is led by directors including Parveen Kumar (Managing Director) and Anil Kumar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Vill – Bhamian Kalan Tajpur Road Ludhiana, Punjab, India – 141008.
As per the financials filed for FY 2020, the company reported a revenue of ₹23.57 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹51.52 Cr (net margin -218.6%) and EBITDA of -₹49.68 Cr (EBITDA margin -210.7%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 11% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BBF Industries. As per MCA filings, the company has open charges of ₹521.1 Cr and satisfied charges of ₹420.4 Cr on record. Court records list 192 cases involving the company, including 76 filed by the company and 116 filed against it; 20 cases are pending.
The last known website on record is bbfgroup.com.
Company details
CIN history
BBF Industries has one previous CIN (Corporate Identification Number): L74950PB1996PLC018439. The current CIN is U74950PB1996PLC018439, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74950PB1996PLC018439 | Current |
| L74950PB1996PLC018439 | Previous |
Contact details
BBF Industries Limited's registered office is in Ludhiana, Punjab. Its website is bbfgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVill – Bhamian Kalan Tajpur Road Ludhiana, Punjab, India – 141008
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of BBF Industries Limited, buy the company report.
- 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
Brands
BBF Industries operates one associated brand: BBF Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Packaging products are manufactured by BBF Industries. | bbfgroup.com |
Business activity
The main business activity of BBF Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products, other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 3 activity segments are registered with the MCA.
| 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 | |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of BBF Industries Limited, buy the company report.
Financials of BBF Industries Limited
FY 2020 filings availableBBF Industries Limited reported revenue of ₹23.57 Cr (down 50% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 50% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹23.57 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹49.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹51.52 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -210.7% | ||||
| Net Profit Margin | -218.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of BBF Industries Limited, buy the company report.
Board of directors of BBF Industries Limited
BBF Industries has 4 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parveen Kumar Also directs: J C Containers Pvt. Ltd. | Managing Director | 14 Aug 2006 | 20 Years 2 Months | As last reported |
| Vinay Bawa | Director | 01 Apr 2005 | 21 Years 6 Months | As last reported |
| Anil Kumar Also directs: J C Containers Pvt. Ltd., BHS Green Industries Limited | Whole-Time Director | 02 Jul 1996 | 30 Years 3 Months | As last reported |
| Rajiv Khurana Also directs: Renaissance Resolutions Private Limited | Irp/Rp/Liquidator | 09 May 2024 | 2 Years 5 Months | As last reported |
Peer comparison
BBF Industries Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Paper Laminated and Corrugated Packaging, Plastic 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 |
|---|---|---|---|---|---|---|
| Av Plastchem Limited | ₹23.64 Cr (FY 2025) | 41.0% | Ahmedabad, Gujarat, India | |||
| Nilanchal Packaging Private Limted | ₹23.62 Cr (FY 2025) | -18.0% | Delhi, India | |||
| Graffias Polymers Private Limited | ₹23.62 Cr (FY 2025) | 3.0% | Sachin, Gujarat, India | |||
| BBF Industries Limitedthis company | ₹23.57 Cr (FY 2020) | -₹51.52 Cr | -218.6% | -50.0% | 2 | Ludhiana, Punjab, India |
| Prins Polytech Private Limited | ₹23.57 Cr (FY 2025) | 34.0% | Jodhpur, Rajasthan, India | |||
| Bajaj Reinforcements Private Limited | ₹23.52 Cr (FY 2025) | 10.0% | Nagpur, Maharashtra, India | |||
| Kannapiran Polymers Limited | ₹23.51 Cr (FY 2025) | 8.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of BBF Industries Limited, buy the company report.
Auditor
BBF Industries Limited is audited by SAAR & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAAR & ASSOCIATES | FY 2020 | 020343N |
Shareholding
The shareholding of BBF Industries Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of BBF Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2011 | 10308861 | Punjab National Bank | ₹242.61 Cr | Open | |
| 20 Dec 2009 | 10190048 | Standard Chartered Bank | ₹30 Cr | Open | |
| 14 Nov 2009 | 10184988 | Standard Chartered Bank | ₹10 Cr | Open | |
| 11 May 2009 | 10166107 | State Bank of India | ₹228 Cr | Open | |
| 06 Apr 2007 | 10052144 | Landesbank Baden-Wurttemberg | ₹10.49 Cr | Open |
To see the full charge records of BBF Industries Limited, buy the company report.
Total charge records: 30 View all charges
Legal cases
BBF Industries Limited has 192 court cases on record: 76 filed by BBF Industries, 116 filed against it. 20 cases are pending and 172 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 98 | 60 | 3 |
| District courts | 71 | 40 | 7 |
| Supreme Court | 21 | 14 | 10 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 192)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Insolvency matter | Filed against the company by Jammu & Kashmir Bank Ltd. | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Punjab State Power Corporation Ltd and Ors | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against M/S Dev Priya Products Ltd. and 1 other | Disposed |
| High Court, CHANDIGARH (UT) | Revision petition | Filed by the company against M/S Reliance Home Finance Ltd and Anr. | Disposed |
| District court, Jalandhar, Punjab | Court case (TA CIVIL) | Filed by the company against Fairdeal Agencies | Disposed |
To see the full case history of BBF Industries 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 BBF Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
BBF Industries Limited has a workforce of 2 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
BBF Industries has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of BBF Industries Limited, buy the company report.
Recent activity
BBF Industries Limited has 27 board changes on record since 1996: 4 appointments and 23 cessations. The latest: Rajiv Khurana was appointed as Irp/Rp/Liquidator on 09 May 2024.
85 earlier events are in the company report.
Frequently asked questions
BBF Industries is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
BBF Industries is a company under insolvency, formerly operating as a public limited company based in Ludhiana, Punjab, India. The company works in paper, within the packaging industry. It was incorporated on 01 July 1996 and is registered under CIN U74950PB1996PLC018439. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
BBF Industries has 4 current directors:
- Parveen Kumar - Managing Director
- Anil Kumar - Whole-Time Director
- Vinay Bawa - Director
- Rajiv Khurana - Irp/Rp/Liquidator
The latest financial statements of BBF Industries on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of BBF Industries is U74950PB1996PLC018439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BBF Industries has open charges of ₹521.1 Cr and satisfied charges of ₹420.4 Cr as per latest MCA filings.
BBF Industries has 192 court cases on record: 76 filed by the company and 116 filed against it. 20 are pending. Most are in the high courts.
BBF Industries was incorporated on 01 July 1996. It is registered with the Registrar of Companies, Chandigarh.
The peers of BBF Industries by revenue are Av Plastchem Limited, Nilanchal Packaging Private Limted, Graffias Polymers Private Limited, Prins Polytech Private Limited, Bajaj Reinforcements Private Limited and 1 more, all in the Manufacturing industry (Paper Laminated and Corrugated Packaging, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Rajiv Khurana was appointed as Irp/Rp/Liquidator on 09 May 2024. Pardeep Kumar ceased to be Cfo(Kmp) on 20 Feb 2020. Sonia ceased to be Company Secretary on 20 Feb 2020. BBF Industries has 27 board changes on record in total.
BBF Industries can be reached through the website bbfgroup.com. Its registered office is in Ludhiana, Punjab, India.