About Punjab Basmati Rice Limited
Data last updated:
Punjab Basmati Rice Limited is a public limited company based in Amritsar, Punjab, 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 staple foods and grains segment of the food and beverages sector. It was incorporated on 04 January 1995.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15312PB1995PLC015550. Its GSTIN is 03AAACP9643H1ZG (Punjab). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹14.89 Cr. It is led by directors including Kulwinder Singh Makhni (Managing Director) and Rajbir Singh (Director Appointed In Casual Vacancy).
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Sangrana Sahib Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2018, the company reported a revenue of ₹985.97 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹86.22 Cr (net margin -8.7%) and EBITDA of -₹39.55 Cr (EBITDA margin -4%).
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹340.86 Cr and satisfied charges of ₹1.61 Cr on record. Court records list 19 cases involving the company, including 10 filed by the company and 11 filed against it; 5 cases are pending. The company has 9 deals on record (5 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹24.68 Cr; the latest was in March 2018. Its 7 peer companies in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 3 smaller; the largest is Cian Agro Industries & Infrastructure Limited with revenue of ₹1,053.7 Cr.
The last known website on record is pbrl.org.
Company details
Contact details
Punjab Basmati Rice Limited's registered office is in Amritsar, Punjab. Its website is pbrl.org. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSangrana Sahib Amritsar, Punjab, India – 143001
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Punjab Basmati Rice 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 Punjab Basmati Rice is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Punjab Basmati Rice Limited, buy the company report.
Financials of Punjab Basmati Rice Limited
FY 2017 filings availablePunjab Basmati Rice Limited reported revenue of ₹985.97 Cr (up 56% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 56% in the latest year. EBITDA fell 199% in the latest 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 | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹39.55 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹86.22 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -4% | |||
| Net Profit Margin | -8.7% | |||
| 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 Punjab Basmati Rice Limited, buy the company report.
Board of directors of Punjab Basmati Rice Limited
Punjab Basmati Rice has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajbir Singh | Director Appointed In Casual Vacancy | 29 Apr 2019 | 7 Years 6 Months | As last reported |
| Kulwant Singh | Director Appointed In Casual Vacancy | 16 Apr 2019 | 7 Years 6 Months | As last reported |
| Raj Kumar Sharma Also directs: Visenary Analytics Research Association | Director Appointed In Casual Vacancy | 08 Jan 2019 | 7 Years 9 Months | As last reported |
| Sanjay | Director Appointed In Casual Vacancy | 08 Jan 2019 | 7 Years 9 Months | As last reported |
| Kulwinder Singh Makhni | Managing Director | 04 Jan 1995 | 31 Years 9 Months | As last reported |
Peer comparison
Punjab Basmati Rice Limited is compared with the 7 companies closest to it by revenue in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cian Agro Industries & Infrastructure Limited | ₹1,053.7 Cr (FY 2025) | 478.0% | Mumbai, Maharashtra, India | |||
| Goel International Private Limited | ₹1,052.44 Cr (FY 2025) | -4.0% | Taraori, Haryana, India | |||
| Shri Bhagwati Flour Mills Private Limited | ₹1,051.58 Cr (FY 2024) | 21.0% | Ahmedabad, Gujarat, India | |||
| R.S.Triveni Foods Private Limited | ₹1,029.01 Cr (FY 2025) | 40.0% | Delhi, India | |||
| Punjab Basmati Rice Limitedthis company | ₹985.97 Cr (FY 2018) | -₹86.22 Cr | -8.7% | 56.0% | Amritsar, Punjab, India | |
| Manchukonda Agrotech Private Limited | ₹973.6 Cr (FY 2025) | 128.0% | Miryalguda, Telangana, India | |||
| Hemraj Industries Private Limited | ₹964.36 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Aroma Agrotech Private Limited | ₹960.41 Cr (FY 2025) | -12.0% | Karnal, Haryana, India |
To see the full peer comparison of Punjab Basmati Rice Limited, buy the company report.
Auditor
Punjab Basmati Rice Limited is audited by BANSAL SINGH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSAL SINGH & CO | FY 2017 | 011462N |
Shareholding
The shareholding of Punjab Basmati Rice Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Punjab Basmati Rice Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2016 | 100027893 | Others | ₹6.75 Lakh | Open | |
| 22 Jan 2016 | 100024625 | Canara Bank | ₹68 Lakh | Open | |
| 16 Dec 2015 | 100016392 | Others | ₹50 Cr | Open | |
| 18 Dec 2014 | 10567625 | Canara Bank | ₹7.5 Cr | Open | |
| 02 Jun 2014 | 10540264 | Canara Bank | ₹10 Lakh | Open |
To see the full charge records of Punjab Basmati Rice Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Punjab Basmati Rice Limited has 9 deals on record (5 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹24.68 Cr; the latest was in March 2018.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2017 | Rights issue | ₹1.05 Cr | Investors: Nihantri Realtors Private Limited |
| May 2015 | Rights issue | ₹18.47 Cr | Investors: 3 individuals |
| Apr 2014 | Funding round | ₹3.84 Cr | Investors: 3 individuals |
| Mar 2013 | Funding round | ₹4.74 Cr | Investors: 4 individuals |
To see the full deal history of Punjab Basmati Rice Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Punjab Basmati Rice Limited has 19 court cases on record: 10 filed by Punjab Basmati Rice, 11 filed against it. 5 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 2 |
| High courts | 7 | 2 | 2 |
| NCLT | 3 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed against the company by Sanjay Kumar Aggarwal Liquidator of M/S Punjab Basmati Rice Ltd. H.No. C-20 Block C Wave Estates Sector 85 Sas Nagar Mohali , , Punjab | Pending |
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed by the company against Stakeholders Consultation Committee Fof Punjab Basmati Rice Ltd. Satish Kothiyal Chief Manager DS Market Amritsar ,Amritsar , Punjab | Pending |
| NCLT, Chandigarh | Insolvency matter | Filed against the company by Stakeholders Consultation Committee of Punjab Basmati Rice Limited | Disposed |
| NCLT, Chandigarh | Insolvency matter | Filed by the company against Sanjay Kumar Aggarwal Liquidator of M/S. Punjab Basmati Rice Limited | Disposed |
| High Court, PUNJAB | Revision petition | Filed against the company by M/S Sachdeva and Sons Industries Pvt.Ltd. | Disposed |
To see the full case history of Punjab Basmati Rice 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 Punjab Basmati Rice Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Punjab Basmati Rice has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACP9643H1ZG | Punjab | Active | 01 Jul 2017 |
| 03AAACP9643H2ZF | Punjab | Active | 01 Nov 2020 |
To see the full GST registrations and return filing status of Punjab Basmati Rice Limited, buy the company report.
Recent activity
Punjab Basmati Rice Limited has 19 board changes on record since 1995: 5 appointments and 14 cessations. The latest: Rajbir Singh was appointed as Director Appointed In Casual Vacancy on 29 Apr 2019.
48 earlier events are in the company report.
Frequently asked questions
Punjab Basmati Rice 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.
Punjab Basmati Rice is a company under liquidation, formerly operating as a public limited company based in Amritsar, Punjab, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 04 January 1995 and is registered under CIN U15312PB1995PLC015550. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Punjab Basmati Rice has 5 current directors:
- Kulwinder Singh Makhni - Managing Director
- Rajbir Singh - Director Appointed In Casual Vacancy
- Kulwant Singh - Director Appointed In Casual Vacancy
- Raj Kumar Sharma - Director Appointed In Casual Vacancy
- Sanjay - Director Appointed In Casual Vacancy
The latest financial statements of Punjab Basmati Rice on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Punjab Basmati Rice is U15312PB1995PLC015550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Punjab Basmati Rice has open charges of ₹340.86 Cr and satisfied charges of ₹1.61 Cr as per latest MCA filings.
Punjab Basmati Rice has 19 court cases on record: 10 filed by the company and 11 filed against it. 5 are pending. Most are in the district courts.
Punjab Basmati Rice was incorporated on 04 January 1995. It is registered with the Registrar of Companies, Chandigarh.
Punjab Basmati Rice has 9 deals on record (5 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹24.68 Cr; the latest was in March 2018.
The peers of Punjab Basmati Rice by revenue are Cian Agro Industries & Infrastructure Limited, Goel International Private Limited, Shri Bhagwati Flour Mills Private Limited, R.S.Triveni Foods Private Limited, Manchukonda Agrotech Private Limited and 2 more, all in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products).
Rajbir Singh was appointed as Director Appointed In Casual Vacancy on 29 Apr 2019. Kulwant Singh was appointed as Director Appointed In Casual Vacancy on 16 Apr 2019. Raj Kumar Sharma ceased to be Director Appointed In Casual Vacancy on 29 Mar 2019. Punjab Basmati Rice has 19 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
