BSJ Engineering Private Limited
About BSJ Engineering Private Limited
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BSJ Engineering Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 10 May 1947 and has been in existence for over 79 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U00113KA1947PTC000950. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹4.02 Lakh. It was formerly known as Forest Industries Private Limited. It is led by directors including Mihir Rajendra Jathar (Managing Director) and Mallappa Rachappa Desai.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mills Road Tervihakkal Hubli., Karnataka, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.69 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.72 Lakh (net margin 16.1%) and EBITDA of ₹6.98 Lakh (EBITDA margin 65.3%). Revenue has declined at a compounded annual rate (CAGR) of 1% over five years.
Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
BSJ Engineering Private Limited's registered office is in Hubli, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMills Road Tervihakkal Hubli., Karnataka, India
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of BSJ Engineering Private 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 BSJ Engineering Private Limited
FY 2025 filings availableBSJ Engineering Private Limited reported revenue of ₹10.69 Lakh (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 8% fall in the latest year. EBITDA fell 18% 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 | ₹6.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.72 Lakh | ||||
| Balance Sheet | |||||
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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 | 65.3% | ||||
| Net Profit Margin | 16.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of BSJ Engineering Private Limited, buy the company report.
Board of directors of BSJ Engineering Private Limited
BSJ Engineering has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mallappa Rachappa Desai | Director | 03 Sep 2002 | 24 Years 2 Months | Current |
| Rajendra Vinayak Shirgaokar | Director | 05 Sep 1996 | 30 Years 2 Months | Current |
| Mihir Rajendra Jathar | Managing Director | 28 Jan 2010 | 16 Years 9 Months | Current |
| Prafulla Vinayak Shirgaokar Also directs: Prafulla Shirgaokar Enterprises LLP, Suresh Shirgaokar Enterprises LLP, Shishir Shirgaokar Enterprises LLP and 5 more | Director | 22 Jun 2006 | 20 Years 4 Months | Current |
| Sharad Shevade | Director | 21 Nov 1994 | 31 Years 11 Months | Current |
| Shishir Suresh Shirgaokar Also directs: Suresh Shirgaokar Enterprises LLP, Shishir Shirgaokar Enterprises LLP, D.M.Shirgaokar Enterprises LLP and 5 more | Director | 30 Sep 1999 | 27 Years 1 Months | Current |
Peer comparison
BSJ Engineering Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Krishna Saniplast Private Limited | ₹10.76 Lakh (FY 2025) | 87.0% | Udaipur, Rajasthan, India | |||
| Shree Balaji Holdings and Infrastructure Private Limited | ₹10.76 Lakh (FY 2024) | 21.0% | Greater Noida, Uttar Pradesh, India | |||
| Heatron Heating Engineers Private Limited | ₹10.75 Lakh (FY 2025) | -31.0% | Faridabad, Haryana, India | |||
| Skylark Associates Pvt Ltd | ₹10.72 Lakh (FY 2025) | 738.0% | New Delhi, Delhi, India | |||
| Earth Homes Private Limited | ₹10.69 Lakh (FY 2025) | 374.0% | New Delhi, Delhi, India | |||
| BSJ Engineering Private Limitedthis company | ₹10.69 Lakh (FY 2025) | ₹1.72 Lakh | 16.1% | -8.0% | Hubli, Karnataka, India | |
| Somani Services Pvt Ltd. | ₹10.65 Lakh (FY 2025) | -23.0% | Kolkata, West Bengal, India | |||
| M & B Infra Limited | ₹10.65 Lakh (FY 2019) | 42.0% | Bathinda, Punjab, India | |||
| World Properties Private Limited | ₹10.62 Lakh (FY 2025) | 60.0% | Navi Mumbai, Maharashtra, India | |||
| Navkar Complex Private Limited | ₹10.62 Lakh (FY 2024) | -67.0% | Raipur, Chhattisgarh, India | |||
| Sudha Sree Hotel Complex Private Limited | ₹10.61 Lakh (FY 2021) | 0.0% | Bangalore, Karnataka, India |
To see the full peer comparison of BSJ Engineering Private Limited, buy the company report.
Auditor
BSJ Engineering Private Limited is audited by SHEVADE PANVALKAR ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHEVADE PANVALKAR ASSOCIATES | FY 2020 | 007531S |
Shareholding
The shareholding of BSJ Engineering Private Limited is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of BSJ Engineering Private Limited, buy the company report.
Legal cases
BSJ Engineering Private Limited has 5 court cases on record: 2 filed by BSJ Engineering, 3 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (UN CR) | Filed against the company by M/S. Permali Wallace Private Limited Through Subhash Bitthaldas | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (RCS B) | Filed against the company by M/S Shri Satya Sai Steels Through Manager P.N. Anil Kumar | Pending |
| District court, BELAGAVI, Karnataka | Civil suit | Filed against the company by Government of Karnataka Represented by Deputy Conservator of Forest Belgaum Div. Belgaum. | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State Rep by Chief Sec and Ors. | Disposed |
| High Court of Madhya Pradesh | Interim or miscellaneous application | Filed by the company against State of Madhya Pradesh Through the Secretary in the Department | Disposed |
To see the full case history of BSJ Engineering 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 BSJ Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
BSJ Engineering has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of BSJ Engineering Private Limited, buy the company report.
Recent activity
BSJ Engineering Private Limited has 9 board changes on record since 1993: 7 appointments and 2 cessations. The latest: Bhaskar Shankar Jathar ceased to be Director on 10 Jan 2014.
Frequently asked questions
BSJ Engineering is an active private limited company based in Hubli, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 10 May 1947 (79+ years old) and is registered under CIN U00113KA1947PTC000950.
BSJ Engineering has 6 current directors:
- Mihir Rajendra Jathar - Managing Director
- Mallappa Rachappa Desai - Director
- Rajendra Vinayak Shirgaokar - Director
- Prafulla Vinayak Shirgaokar - Director
- Sharad Shevade - Director
- Shishir Suresh Shirgaokar - Director
The latest financial statements of BSJ Engineering on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
No. BSJ Engineering has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of BSJ Engineering is U00113KA1947PTC000950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BSJ Engineering has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
BSJ Engineering was incorporated on 10 May 1947, making it 79+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of BSJ Engineering by revenue are Shree Krishna Saniplast Private Limited, Shree Balaji Holdings and Infrastructure Private Limited, Heatron Heating Engineers Private Limited, Skylark Associates Pvt Ltd, Earth Homes Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Bhaskar Shankar Jathar ceased to be Director on 10 Jan 2014. Mihir Rajendra Jathar ceased to be Director on 06 Jul 2010. Mihir Rajendra Jathar was appointed as Managing Director on 28 Jan 2010. BSJ Engineering has 9 board changes on record in total.
The registered office of BSJ Engineering is at Mills Road Tervihakkal Hubli., Karnataka, India.
BSJ Engineering operates in the financial services industry, in the real estate financing segment.
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