Asian Natural Resources (India) Limited
About Asian Natural Resources (India) Limited
Data last updated:
Asian Natural Resources (India) Limited is a public limited company based in Indore, Madhya Pradesh, 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 materials retail and distribution segment of the metals and mining sector. It was incorporated on 30 August 1999.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U23101MP1999PLC013713. Its GSTIN is 23AABCB4177H2ZV (Madhya Pradesh). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.26 Cr. It was formerly known as Bhatia International Limited. It is led by directors including Khalid Sayeed Baig (Whole-Time Director) and Amardeep Singh Bhatia.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 102 Sundram Complex 3 Gurmeet Nagar, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2015, the company reported a revenue of ₹288.78 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹162.56 Cr (net margin -56.3%) and EBITDA of -₹140.05 Cr (EBITDA margin -48.5%).
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2,937.89 Cr and satisfied charges of ₹2,632.97 Cr on record. Court records list 270 cases involving the company, including 187 filed by the company and 83 filed against it; 38 cases are pending.
Company details
CIN history
Asian Natural Resources (India) has one previous CIN (Corporate Identification Number): L23101MP1999PLC013713. The current CIN is U23101MP1999PLC013713, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23101MP1999PLC013713 | Current |
| L23101MP1999PLC013713 | Previous |
Contact details
Asian Natural Resources (India) Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address102 Sundram Complex 3 Gurmeet Nagar, Indore, Madhya Pradesh, India – 452001
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Asian Natural Resources (India) 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
Financials of Asian Natural Resources (India) Limited
FY 2016 filings availableAsian Natural Resources (India) Limited reported revenue of ₹288.78 Cr (up 14% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year. EBITDA fell 621% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹288.78 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹140.05 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹162.56 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -48.5% |
| Net Profit Margin | -56.3% |
| 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 Asian Natural Resources (India) Limited, buy the company report.
Board of directors of Asian Natural Resources (India) Limited
Asian Natural Resources (India) has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khalid Sayeed Baig | Whole-Time Director | 11 Aug 2012 | 14 Years 2 Months | As last reported |
| Amardeep Singh Bhatia | Director | 14 May 2015 | 11 Years 5 Months | As last reported |
| Gaurav Agrawal Also directs: Pankho Ki Udan Charitable Foundation | Additional Director | 01 Oct 2016 | 10 Years 1 Months | As last reported |
Peer comparison
Asian Natural Resources (India) Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yashvi Coal & Minerals Private Limited | ₹298.33 Cr (FY 2025) | 7.0% | Surat, Gujarat, India | |||
| S. R. O. Overseas Private Limited | ₹296.89 Cr (FY 2025) | 117.0% | Delhi, India | |||
| Byrnihat Coal Private Limited | ₹296.36 Cr (FY 2025) | Gmc, Assam, India | ||||
| Ambiience Metcorp Private Limited | ₹294.87 Cr (FY 2025) | -23.0% | New Delhi, Delhi, India | |||
| Vimla Infrastructure (India) Private Limited | ₹289.1 Cr (FY 2025) | 13.0% | Raipur, Chhattisgarh, India | |||
| Asian Natural Resources (India) Limitedthis company | ₹288.78 Cr (FY 2015) | -₹162.56 Cr | -56.3% | 14.0% | 3 | Indore, Madhya Pradesh, India |
| Mahavir Coal Resources Private Limited | ₹288.57 Cr (FY 2024) | -61.0% | Nagpur, Maharashtra, India | |||
| Folium Trading Private Limited | ₹287.06 Cr (FY 2025) | 56.0% | Chennai, Tamil Nadu, India | |||
| Bhola Mohini Minerals Private Limited | ₹284.84 Cr (FY 2025) | 64.0% | Durgapur, West Bengal, India | |||
| Tai Industries Ltd | ₹282.53 Cr (FY 2025) | 88.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Asian Natural Resources (India) Limited, buy the company report.
Auditor
Asian Natural Resources (India) Limited is audited by A SINGHAI & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A SINGHAI & CO | FY 2015 | 013744C |
Shareholding
The shareholding of Asian Natural Resources (India) Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Asian Natural Resources (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2012 | 10388359 | Sbicap Trustee Company Limited | ₹118 Cr | Open | |
| 29 Dec 2010 | 10259475 | Uco Bank | ₹150 Cr | Open | |
| 27 Oct 2010 | 10246640 | Standard Chartered Bank | ₹325 Cr | Open | |
| 21 Feb 2009 | 10147816 | Sbicap Trustee Company Limited | ₹76.89 Cr | Open | |
| 21 Feb 2009 | 10144945 | Others | ₹2,268 Cr | Open |
To see the full charge records of Asian Natural Resources (India) Limited, buy the company report.
Total charge records: 34 View all charges
Legal cases
Asian Natural Resources (India) Limited has 270 court cases on record: 187 filed by Asian Natural Resources (India), 83 filed against it. 38 cases are pending and 232 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 199 | 39 | 32 |
| District courts | 49 | 30 | 3 |
| Supreme Court | 16 | 9 | 2 |
| NCLAT | 5 | 5 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 270)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Keyuri Construction Private Limited | Pending |
| High Court, MAHARASHTRA | Court case (CRR) | Filed against the company by Bhatia Industries and Infrastructure Limited | Pending |
| Bombay High Court | Court case (CHS) | Filed by the company against Bhatia Coke and Energy Limited and 2 others | Pending |
| High Court, MAHARASHTRA | Court case (CHOL) | Filed against the company by Bhatia Industries and Infrastructure Limited | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Bhatia Global Trading Ltd. (in Liquidation) S/D/W/Thru:- Not Applicable Through Its Liquidator, Mr. Prawincharan Prafulcharan Dwary, ,Indore , Madhya Pradesh | Disposed |
To see the full case history of Asian Natural Resources (India) 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 Asian Natural Resources (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asian Natural Resources (India) Limited has a workforce of 3 employees on its EPFO records as of Apr 09, 2024, across 3 active EPFO establishments.
GST
Asian Natural Resources (India) has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCB4177H2ZV | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asian Natural Resources (India) Limited, buy the company report.
Recent activity
Asian Natural Resources (India) Limited has 21 board changes on record since 2008: 3 appointments and 18 cessations. The latest: Samir Kumar Bahri ceased to be Company Secretary on 30 May 2017.
82 earlier events are in the company report.
Frequently asked questions
Asian Natural Resources (India) 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.
Asian Natural Resources (India) is a company under liquidation, formerly operating as a public limited company based in Indore, Madhya Pradesh, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 30 August 1999 and is registered under CIN U23101MP1999PLC013713. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Asian Natural Resources (India) has 3 current directors:
- Khalid Sayeed Baig - Whole-Time Director
- Amardeep Singh Bhatia - Director
- Gaurav Agrawal - Additional Director
The latest financial statements of Asian Natural Resources (India) on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Asian Natural Resources (India) is U23101MP1999PLC013713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asian Natural Resources (India) has open charges of ₹2,937.89 Cr and satisfied charges of ₹2,632.97 Cr as per latest MCA filings.
Asian Natural Resources (India) has 270 court cases on record: 187 filed by the company and 83 filed against it. 38 are pending. Most are in the high courts.
Asian Natural Resources (India) was incorporated on 30 August 1999. It is registered with the Registrar of Companies, Gwalior.
The peers of Asian Natural Resources (India) by revenue are Yashvi Coal & Minerals Private Limited, S. R. O. Overseas Private Limited, Byrnihat Coal Private Limited, Ambiience Metcorp Private Limited, Vimla Infrastructure (India) Private Limited and 4 more, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Samir Kumar Bahri ceased to be Company Secretary on 30 May 2017. Gaurav Agrawal was appointed as Additional Director on 01 Oct 2016. Jitendra Kumar Jain ceased to be Director on 01 Oct 2016. Asian Natural Resources (India) has 21 board changes on record in total.
The registered office of Asian Natural Resources (India) is at 102 Sundram Complex 3 Gurmeet Nagar, Indore, Madhya Pradesh, India – 452001.
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