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SHRI BAJRANG POWER AND ISPAT LIMITED

Active
Updated: 21 Oct 2024

Shri Bajrang Power And Ispat Limited, is an unlisted public company incorporated on 25 July, 2002. It is classified as a public limited company and is located in Raipur, Chattisgarh. It's authorized share capital is INR 150.00 cr and the total paid-up capital is INR 52.28 cr.

Shri Bajrang Power And Ispat Limited's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has decreased by 53.49% over the previous year. At the same time, it's book networth has increased by 14.43%.

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Industry

Manufacturing (Metals & Chemicals and their products)
Products
  • Sponge Iron, TMT Rebars, MS Rounds, Pellets, Binding Wire, Billets, HB Wire, Wire Rod, Ferro Alloys
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
11.89%
₹ 5,031.2
EBITDA
20.01%
₹ 606.7
Net Profit
29.15%
₹ 378.9
Networth
16.57%
₹ 2,693.7
Borrowings
-37.51%
₹ 450.9
Assets
-1.41%
₹ 3,517.8
Gross Margin
-0.5
26.2 %
Operating Margin
0.82
12.1 %
Net Profit Margin
1.0
7.5 %
Return on Equity
1.37
14.1 %
ROCE
1.74
22.0 %
Debt to Equity
-0.14
0.2
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (17)
State Type Address

location icon Locations on Map

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Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • LOW CASH BALANCE
Low Risk
  • GROSS MARGINS DETERIORATING
  • EBITDA MARGINS DETERIORATING
  • NET MARGIN DETERIORATING
  • ROCE DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 2,582.3 2,962.8 4,517.0 4,496.8 5,031.2
Operating profit 328.7 551.3 1,087.0 505.6 606.7
Net profit 148.5 302.6 741.2 293.4 378.9
Gross margin 29.0 37.2 41.2 26.7 26.2
Operating margin 12.7 18.6 24.1 11.2 12.1
Net margin 5.7 10.1 16.3 6.5 7.5
Networth 975.0 1,278.4 2,019.4 2,310.7 2,693.7
Borrowings 788.6 772.5 727.2 721.6 450.9
Assets 2,131.2 2,453.3 3,298.6 3,568.2 3,517.8
Debt to equity 0.8 0.6 0.4 0.3 0.2
Current ratio 1.2 1.7 1.8 2.1 2.7
ROE 15.2 23.7 36.7 12.7 14.1
Days payable 44.0 30.0 43.0 37.0 15.0
WC days 19.0 52.0 56.0 76.0 73.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 52.3 52.3 52.3 52.3 52.3
Reserves 922.7 1,226.1 1,967.1 2,258.4 2,641.4
Borrowings + 788.6 772.5 727.2 721.6 450.9
Long term borrowings 468.7 465.9 320.3 267.6 104.2
Short term borrowings 319.9 306.5 406.9 454.0 346.7
Trade payables + 220.9 153.9 316.3 336.2 154.0
Days payable 44.0 30.0 43.0 37.0 15.0
Other liabilities + 367.6 402.5 552.0 535.8 373.2
Other non-current liabilities 52.1 108.7 102.1 126.0 136.0
Other current liabilities 94.6 139.9 133.7 73.6 83.2
Total liabilities 2,131.2 2,453.3 3,298.6 3,568.2 3,517.8
Fixed Assets + 1,038.8 1,123.6 1,240.1 1,254.4 1,441.3
Tangible assets 941.0 998.5 1,072.9 1,070.7 1,380.0
CWIP 84.5 112.5 155.1 172.1 50.2
Intangible assets 13.2 12.7 12.1 11.6 11.1
LT loans and advances - - 149.4 29.0 -
Other non-current assets 321.8 310.4 358.7 480.4 481.5
Current assets + 770.6 1,019.3 1,550.4 1,804.4 1,595.0
Inventories 465.9 598.8 1,102.6 1,232.4 983.3
Trade receivables 62.0 154.0 128.2 134.3 177.2
Cash and cash equivalents 1.5 2.2 5.2 2.1 4.0
ST loans and advances 20.0 0.2 50.8 218.8 174.1
Other current assets 221.1 264.2 263.6 216.9 256.4
Total assets 2,131.2 2,453.3 3,298.6 3,568.2 3,517.8
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 2,582.3 2,962.8 4,517.0 4,496.8 5,031.2
Sales growth % 0.14 14.74 52.45 -0.45 11.89
Expenses + 2,411.6 2,551.7 3,568.4 4,116.8 4,560.7
Cost of goods 1,832.5 1,859.2 2,656.5 3,295.4 3,712.3
Employee cost 81.8 90.0 119.7 142.9 164.4
Other costs 339.3 462.3 653.8 552.8 547.8
Operating profit + 328.7 551.3 1,087.0 505.6 606.7
Operating margin % 12.7 18.6 24.1 11.2 12.1
Other income 18.4 22.2 29.6 28.0 36.5
Interest 106.2 82.9 79.1 63.9 68.1
Depreciation 51.7 57.2 59.4 61.7 68.1
Exceptional items - 1.2 - - -
Profit before tax 189.1 434.6 978.1 408.0 507.0
Tax 40.6 132.1 236.9 114.6 128.1
Profit - disc. ops - - - - -
Net profit 148.5 302.6 741.2 293.4 378.9
Net margin % 5.7 10.1 16.3 6.5 7.5
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.8 0.6 0.4 0.3 0.2
Net Debt/Equity 0.8 0.6 0.4 0.3 0.2
Total Debt/Assets 0.4 0.3 0.2 0.2 0.1
Total Assets/Equity 2.2 1.9 1.6 1.5 1.3
Liquidity +
Current Ratio 1.2 1.7 1.8 2.1 2.7
Quick Ratio 0.5 0.7 0.5 0.7 1.1
Interest Coverage 3.1 6.7 13.8 7.9 8.9
Performance
Gross Margin 29.0 37.2 41.2 26.7 26.2
Operating Margin 12.7 18.6 24.1 11.2 12.1
Net Margin 5.7 10.1 16.3 6.5 7.5
Return +
Return on Equity 15.2 23.7 36.7 12.7 14.1
Pre-tax ROCE 23.6 32.0 53.1 20.2 22.0
Return on Assets 7.0 12.3 22.5 8.2 10.8
Pre-tax ROIC 15.7 24.1 37.5 14.7 17.1
Efficiency +
Days Payable 44.0 30.0 43.0 37.0 15.0
Days Inventory 93.0 118.0 151.0 137.0 97.0
Days Receivable 9.0 19.0 10.0 11.0 13.0
Fixed Asset Turnover 2.5 2.6 3.6 3.6 3.5
Total Asset Turnover 1.2 1.2 1.4 1.3 1.4
Working Capital
Cash Conversion Cycle 58.0 107.0 118.0 111.0 95.0
Working Capital Days 19.0 52.0 56.0 76.0 73.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

State Bank of India

No. of Loans: 2

Total Amount : 2,074.2 cr

2

SBICap Trustee Company Limited

No. of Loans: 1

Total Amount : 193.0 cr

3

Axis Bank Limited

No. of Loans: 1

Total Amount : 136.2 cr

4

Yes Bank Limited

No. of Loans: 1

Total Amount : 85.0 cr

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Charges

State Bank of India
SBICap Trustee Company Limited
Axis Bank Limited
Yes Bank Limited

People

Designation Name DIN/PAN Tenure
CFO Sandeep Goel
Shareholder
<HIDDEN> 7 years
Managing Director Narendra Goel
Shareholder
00115883 21 years
Director Anand Goel
Shareholder
00796135 7 years
Director Rajendra Goel
Shareholder
01263958 23 years
Whole-time Director Shravan Kumar Goyal 01829618 19 years
Kmp Ashutosh Goel <HIDDEN> 2 years
Director Anshul Dave 05123750 7 years
Director Rakesh Bhargava 06485964 7 years
Director Ravinder Singh Rajput 08145449 7 years
Director Jayata Prakash Agarwal 09168917 4 years
CS Parul Verma <HIDDEN> 10 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
POPULAR MERCANTILE PRIVATE LIMITED
Active
35.1 L 2 Chattisgarh
IA HYDRO ENERGY PRIVATE LIMITED
Active
52.0 Cr 5 Himachal Pradesh
CHHATTISGARH CAPTIVE COAL MINING PRIVATE LIMITED
Active
1.3 Cr 1 Chattisgarh
MADANPUR (NORTH) COAL BLOCK PRIVATE LIMITED
Active
10.3 Cr 1 Chattisgarh
SHRI BAJRANG HYDRO ENERGY PRIVATE LIMITED
Active
7.1 L 1 Himachal Pradesh
SHRI BAJRANG ENERGY PRIVATE LIMITED
Active
25.3 L 2 Chattisgarh
IA ENERGY PRIVATE LIMITED
Active
2.4 L 2 Himachal Pradesh
Shri Bajrang and Dagra Mining LLP
Active
1.0 Cr 1 Chattisgarh
S. B. MULTIMEDIA PRIVATE LIMITED
Active
3.6 Cr 3 Chhattisgarh
SHRI BAJRANG ALLIANCE LIMITED
Active
9.0 Cr 4 Chattisgarh
SHRI BAJRANG AGRO PROCESSING LIMITED
Active
5.0 L 1 Chattisgarh
BONUS DEALCOM PRIVATE LIMITED
Active
22.6 L 1 West Bengal
SHRI BAJRANG CHEMICAL DISTILLERY LLP
Active
10.5 Cr 1 Chattisgarh
SHRI BAJRANG DEVCON PRIVATE LIMITED
Active
14.3 L 1 Chattisgarh
SHRI BAJRANG METALLICS & POWER LIMITED
Amalgamated
11.6 Cr 1 Chhattisgarh
AMCL MACHINERY LIMITED
Active
6.0 Cr 1 West Bengal
OCEANS BRIDGE FINANCIAL ADVISORY LLP
Active
10,000.0 1 Chattisgarh
SPOTLIGHT VANIJYA LTD
Active
70.8 L 1 West Bengal
SHRI BAJRANG STEEL CORPORATE LIMITED
Amalgamated
50.0 Cr 1 Chhattisgarh

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
SHRI BAJRANG ENERGY PRIVATE LIMITED Chattisgarh 2007 ₹ 25.3 L
IA HYDRO ENERGY PRIVATE LIMITED Himachal Pradesh 2017 ₹ 52.0 Cr
SHRI BAJRANG STEEL CORPORATE LIMITED Chhattisgarh 2020 ₹ 50.0 Cr
SHRI BAJRANG POWER AND METALLICS LIMITED Chattisgarh 2023 ₹ 10.0 L
GINNI DEVI GOEL FOUNDATION Chattisgarh 2021 ₹ 10.0 L

Registered Details

CIN

U27106CT2002PLC015184

PAN

AACCB2944D

Incorporation

2002, 22.8 years

Company Email

cs@goelgroup.co.in

Paid up Capital

₹ 52.3 Cr

Authorised Capital

₹ 150.0 Cr

AGM

Aug 2023

Type

Public
Non-government Company

FAQ - SHRI BAJRANG POWER AND ISPAT LIMITED

What is the incorporation date of SHRI BAJRANG POWER AND ISPAT LIMITED?

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The incorporation date of SHRI BAJRANG POWER AND ISPAT LIMITED is 25 July, 2002

What is the authorized share capital of SHRI BAJRANG POWER AND ISPAT LIMITED?

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The authorized share capital of SHRI BAJRANG POWER AND ISPAT LIMITED is INR ₹ 150.0 Cr.

What is the paid-up capital of SHRI BAJRANG POWER AND ISPAT LIMITED?

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The paid-up capital of SHRI BAJRANG POWER AND ISPAT LIMITED is INR ₹ 52.3 Cr.

What is the registered address of SHRI BAJRANG POWER AND ISPAT LIMITED?

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The registered address of SHRI BAJRANG POWER AND ISPAT LIMITED is Village Borjhara, Urla Guma Road, Urla Growth Center NA Raipur Raipur Chattisgarh - 493221

What is the CIN number of SHRI BAJRANG POWER AND ISPAT LIMITED?

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The CIN number of SHRI BAJRANG POWER AND ISPAT LIMITED is U27106CT2002PLC015184.

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