BHAGHEERATHA ENGINEERING LIMITED UNLISTED SHARE
Bhagheeratha Engineering Ltd (BEL) was established on 26 November 1976, as a Private Limited Company. It became a public limited company in 1980. It is registered at the registrar of companies at Ernakulam, Kochi, India as a non-government company. Authorized equity capital of company is Rs. 25,00,00,000 and paid-up capital is Rs. 7,83,43,000.
The company has a good track record of successfully completing complicated engineering projects such as:
- Roads
- Highways
- Bridges
- Dams
- Canals
- Tunnels
- Industrial structures &
- Other turnkey jobs.
The Company combines four specialized construction firms, namely - Kuttanad Engineering Corporation Private Limited, Skilled Contractors, Premier Engineering Corporation Limited, and Jack Construction Private Limited Company.
INCORPORATION DETAILS
|
CIN |
U45201KL1976PLC002860 |
|
Registration Date |
26 November 1976 |
|
Company Name |
Bhagheeratha Engineering Limited |
|
Email Address |
info@belkochi.com |
|
GST Number |
32AABCB1386N1ZN |
|
Category/Sub-category of the Company |
Company Limited by Shares / Non-Government Company |
|
Class of Company |
Public |
|
Listing Status |
Unlisted |
|
Registration Number |
2860 |
|
Address of the Registered office & contact details |
“Bhagheeratha Residency”, 3rd Floor Opp. Bank of Baroda [Ernakulam North Br.] Banerji Road, Ernakulam, Kochi - 682 018 |
|
Auditors |
M/S. SANKAR & MOORTHY, Chartered Accountants |
|
Name, Address & contact details of the Registrar & Transfer Agent, if any |
2nd Floor, Kences Towers No.1 Ramakrishna Street, North Usman Road T. Nagar, Chennai-600 017, TN |
PARTICULARS OF ASSOCIATE COMPANIES
|
Name of the Company |
CIN |
Associate |
% of shares held |
|
Bhagheeratha Energy Controls Limited |
U28920MH1986PLC038657 |
Associate |
47.79% |
BOARD OF DIRECTORS
Mr. Tomy C. Madathil (Managing Director)
Mr. Sunny C. Madathil (Director)
Mr. Jortin Antony (Director)
Principal Business Activities of the Company
|
Name & Description of main products/services |
NIC Code of the Product /service |
% to total turnover of the company |
|
Construction |
4520 |
100% |
SHAREHOLDING PATTERN
(As of 31-03-2021)
|
S. No. |
Shareholder’s Category |
No. of Shares |
% of total Shares of the company |
|
1 |
Promoter & Promoters Group |
21,22,441 |
27.15% |
|
2 |
Public |
56,95,659 |
72.85% |
|
|
Total |
78,18,100 |
100.00% |
PROFIT & LOSS STATEMENT OF BHAGHEERATHA ENGINEERING LIMITED (Rs. In 000s)
(As of 31-03-2020 to 31-03-2021)
|
Particular |
2021 |
2020 |
|
Income |
||
|
Revenue from Operations |
- |
6,44,357 |
|
Other Income |
26,476 |
10,877 |
|
TOTAL REVENUE |
26,476 |
6,55,234 |
|
Expenses |
||
|
Cost of Raw Material Consumed |
- |
- |
|
Work Expenses |
8,004 |
31,970 |
|
Employees Benefit Expenses |
6,154 |
6,985 |
|
Finance Cost |
4 |
42 |
|
Depreciation and Amortization Expenses |
1,892 |
1,267 |
|
Other Expenses |
14,561 |
1,11,959 |
|
Share of Net Loss of Joint Ventures |
(643) |
125 |
|
TOTAL EXPENSES |
29,972 |
1,52,348 |
|
Profit/(Loss) before exceptional and extraordinary items and Tax |
(3,496) |
5,02,886 |
|
Extra Ordinary Items |
- |
- |
|
Exceptional Income / (Expenses) – Net |
5,137 |
15,981 |
|
PROFIT BEFORE TAX |
1,641 |
5,18,867 |
|
Tax Expenses |
||
|
Current year Tax |
2,892 |
1,24,795 |
|
(1,251) |
3,94,072 |
|
|
Deferred Tax |
(740) |
(512) |
|
Profit / (Loss) of the Year |
(1,991) |
3,93,560 |
|
Earning per equity share (Basic) |
(0.25) |
50.34 |
BALANCE SHEET OF BHAGHEERATHA ENGINEERING LIMITED (Rs. In 000s)
(As of 31-03-2020 to 31-03-21)
|
PARTICULARS |
2021 |
2020 |
|
Equity and Liabilities |
||
|
Shareholder’s Funds |
||
|
Share Capital |
78,343 |
78,343 |
|
Reserve and Surplus |
(2,88,707) |
(2,86,716) |
|
TOTAL |
(2,10,364) |
(2,08,373) |
|
Non-Current Liabilities |
||
|
Long Term Borrowings |
3,967 |
5,452 |
|
Long-Term Provision |
1,417 |
1,788 |
|
SUBTOTAL |
5,384 |
7,240 |
|
Current Liabilities |
||
|
Trade Payable |
1,89,312 |
1,91,292 |
|
Other Current Liabilities |
8,83,029 |
8,84,539 |
|
Short-Term Provisions |
2,892 |
1,24,795 |
|
TOTAL |
10,75,233 |
12,00,626 |
|
TOTAL CURRENT LIABILITIES |
8,70,253 |
9,99,493 |
|
ASSETS |
||
|
NON-CURRENT ASSETS |
||
|
Fixed Assets |
||
|
Tangible Assets |
1,01,569 |
89,009 |
|
Capital Work-in-Progress |
76 |
8,989 |
|
Non-Current Investment |
1,514 |
1,514 |
|
Deferred Tax Assets (Net) |
(1,756) |
(1,016) |
|
Loan term loan and advance |
1,62,799 |
2,00,601 |
|
TOTAL |
2,64,202 |
2,99,097 |
|
Current Assets |
||
|
Inventories |
1,15,542 |
1,15,542 |
|
Trade receivables |
2,663 |
2,663 |
|
Cash and cash equivalent |
4,67,496 |
4,72,934 |
|
Short-term loan and advances |
7,414 |
94,939 |
|
Other Current Assets |
12,936 |
14,318 |
|
TOTAL |
6,06,051 |
7,00,396 |
|
TOTAL ASSETS |
8,70,253 |
9,99,493 |
DIVIDEND AND RETAINED EARNINGS
(As of 31-03-2020 to 31-03-2021)
|
Particulars |
2021 |
2020 |
|
Dividend |
Nil |
Nil |
PERFORMANCE OF THE COMPANY
Revenue from income decreased from Rs. 65,52,34,000 in FY 2020 to Rs. 2,64,76,000 in FY 2021, showing a decline of 95.96% as compared to previous financial year.
Finance Cost has decreased from Rs. 42,000 in FY 2020 to Rs. 4,000 in FY 2021.
In FY 2021, Company’s Net loss stood at Rs. 19,91,000 FY 2021 as against Rs. 39,35,60,000 profit of FY 2020.
The Current Ratio of the company as of 31st March 2021 was 0.56.
The debt to equity ratio of the company as of 31st March 2021 was 4.13.
In the Financial Year 2020-21, the company has not paid dividends.
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