About Bharat Nre Coke Limited
Data last updated:
Bharat Nre Coke Limited is a public limited company based in Kolkata, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 08 December 2003.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U23109WB2003PLC097375. Its GSTIN is 19AACCB3701C2Z9 (West Bengal). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1,086 Cr and a paid-up capital of ₹211.69 Cr. It is led by directors including Arun Kumar Jagatramka (Managing Director) and Mona Jagatramka.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 22 Camac Street Block C 5th Floor, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2018, the company reported a revenue of ₹355.7 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20.35 Lakh (net margin 0.1%) and EBITDA of ₹4.55 Cr (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.
The company has about 68 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4,729.28 Cr and satisfied charges of ₹418.24 Cr on record. Court records list 21 cases involving the company, including 10 filed by the company and 12 filed against it; 7 cases are pending.
The last known website on record is gujaratnre.com.
Company details
Contact details
Bharat Nre Coke Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address22 Camac Street Block C 5th Floor, Kolkata, West Bengal, India – 700016
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Bharat Nre Coke 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
Business activity
The main business activity of Bharat Nre Coke is manufacturing. In detail, this covers coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products |
To see the full business activity and turnover split of Bharat Nre Coke Limited, buy the company report.
Financials of Bharat Nre Coke Limited
FY 2018 filings availableBharat Nre Coke Limited reported revenue of ₹355.7 Cr (up 492% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over three years, including 492% growth in the latest year. EBITDA rose 142% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹355.7 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.55 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹20.35 Lakh | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.3% | |||
| Net Profit Margin | 0.1% | |||
| 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 Bharat Nre Coke Limited, buy the company report.
Board of directors and KMP of Bharat Nre Coke Limited
Bharat Nre Coke Limited currently reports 4 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Jagatramka Also directs: FCGL Investments Ltd, Huntervalley Coal Private Limited, Bulli Coke Limited and 5 more | Managing Director | 10 Feb 2014 | 12 Years 8 Months | As last reported |
| Vimal Kumar Taparia | Company Secretary | 18 Mar 2016 | 10 Years 7 Months | As last reported |
| Sisir Kumar Mukherjee | Additional Director | 21 Sep 2018 | 8 Years 1 Months | As last reported |
| Mona Jagatramka Also directs: Gnre Infra Private Limited, FCGL Investments Ltd | Director | 18 Mar 2016 | 10 Years 7 Months | As last reported |
| Amit Kumar Majumdar | Additional Director | 21 Sep 2018 | 8 Years 1 Months | As last reported |
Auditor
Bharat Nre Coke Limited is audited by NANDY HALDER & GANGULI for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANDY HALDER & GANGULI | FY 2018 | 302017E |
Shareholding
The shareholding of Bharat Nre Coke Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bharat Nre Coke Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2016 | 100028104 | Others | ₹1.5 Cr | Open | |
| 18 Mar 2016 | 100030783 | Others | ₹7.5 Cr | Open | |
| 08 Feb 2016 | 10619151 | Ifci Factors Limited | ₹7.5 Cr | Open | |
| 21 Sep 2015 | 10596855 | State Bank of India | ₹628.26 Cr | Open | |
| 21 Sep 2015 | 10596852 | State Bank of India | ₹628.26 Cr | Open |
To see the full charge records of Bharat Nre Coke Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Bharat Nre Coke Limited has 21 court cases on record: 10 filed by Bharat Nre Coke, 12 filed against it. 7 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 2 | 2 |
| NCLAT | 4 | 4 | 2 |
| District courts | 3 | 3 | 2 |
| Supreme Court | 3 | 2 | 0 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Kolkata | Insolvency matter | Filed against the company by Suraksha Asset Reconstruction Ltd. | Pending |
| Calcutta High Court | Writ petition | Filed by the company against M/S. Sicom Ltd | Pending |
| High Court, KARNATAKA | Writ petition | Filed against the company by Jeju Metals Private Limited | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Arun Kumar Jagatramka Promoter Bharat Nre Coke Ltd. 22, Camac Street, Block C, 5Th Floor ,Kolkata , West Bengal | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Dharwad Traders Private Limited 22, Camac Street, Block C, 5Th Floor, ,Kolkata , West Bengal | Disposed |
To see the full case history of Bharat Nre Coke 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 Bharat Nre Coke Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bharat Nre Coke Limited has a workforce of 68 employees on its EPFO records as of Mar 28, 2024, across 2 active EPFO establishments.
GST
Bharat Nre Coke has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCB3701C2Z9 | West Bengal | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Bharat Nre Coke Limited, buy the company report.
Recent activity
Bharat Nre Coke Limited has 19 board changes on record since 2007: 5 appointments and 14 cessations. The latest: Ayush Jagatramka ceased to be Director on 05 Mar 2019.
43 earlier events are in the company report.
News
Frequently asked questions
Bharat Nre Coke is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Bharat Nre Coke is a company under liquidation, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 08 December 2003 and is registered under CIN U23109WB2003PLC097375. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Bharat Nre Coke has 5 current directors and KMP:
- Arun Kumar Jagatramka - Managing Director
- Sisir Kumar Mukherjee - Additional Director
- Mona Jagatramka - Director
- Amit Kumar Majumdar - Additional Director
- Vimal Kumar Taparia - Company Secretary
The latest financial statements of Bharat Nre Coke on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bharat Nre Coke is U23109WB2003PLC097375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharat Nre Coke has open charges of ₹4,729.28 Cr and satisfied charges of ₹418.24 Cr as per latest MCA filings.
Bharat Nre Coke has 21 court cases on record: 10 filed by the company and 12 filed against it. 7 are pending. Most are in the high courts.
Bharat Nre Coke was incorporated on 08 December 2003. It is registered with the Registrar of Companies, Kolkata.
Ayush Jagatramka ceased to be Director on 05 Mar 2019. Amit Kumar Majumdar was appointed as Additional Director on 21 Sep 2018. Sisir Kumar Mukherjee was appointed as Additional Director on 21 Sep 2018. Bharat Nre Coke has 19 board changes on record in total.
Bharat Nre Coke can be reached through the website gujaratnre.com. Its registered office is in Kolkata, West Bengal, India.