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BUDGE BUDGE REFINERIES LTD

Active
Updated: 25 Oct 2024

The company is engaged in manufacture of edible oil which includes refined palm oil etc.

Budge Budge Refineries Ltd, is an unlisted public company incorporated on 22 April, 1981. It is classified as a public limited company and is located in Kolkata, West Bengal. It's authorized share capital is INR 109.25 cr and the total paid-up capital is INR 98.32 cr.

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Industry

Manufacturing (Food products and beverages)
Products
  • Edible And Fractionated Oils, And Bakery Shortening., Intersterified Fat
Key Metrics

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

Sales
-18.41%
₹ 4,018.5
EBITDA
-34.36%
₹ 136.2
Net Profit
-70.54%
₹ 46.5
Networth
-2.96%
₹ 823.2
Borrowings
-18.01%
₹ 293.2
Assets
16.58%
₹ 3,151.1
Gross Margin
-0.78
7.2 %
Operating Margin
-0.82
3.4 %
Net Profit Margin
-2.01
1.1 %
Return on Equity
-12.97
5.7 %
ROCE
-6.15
23.2 %
Debt to Equity
-0.06
0.4
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (5)
State Type Address
West Bengal Registered Office P-336, C.I.T. ROAD, SCHEME-VIM 2ND FLOOR, PHOOLBAGAN Phulbag an Kankurgachi Kolkata West Bengal - 700054
West Bengal Factory 23B, A. M. GHOSH ROAD, BUDGE BUDGE, South Twenty Four Parganas, West Bengal, 700137
West Bengal Warehouse 23, A M GHOSH ROAD, BUDGE BUDGE, Kolkata, West Bengal, 700137
West Bengal Sales Office, Import 2ND FLOOR, P-336, CIT ROAD, PHOOL BAGAN, Kolkata, West Bengal, 700054
West Bengal Others 10/2, Canal Circular Road, Wooden Gift Company, Ultadanga, Kolkata, Kolkata, West Bengal, 700067

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Tofler Score

Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • LOW INTEREST COVERAGE
  • REVENUE BELOW AVERAGE
Low Risk
  • GROSS MARGINS DETERIORATING
  • NET MARGIN DETERIORATING
  • ROCE DETERIORATING
  • REVENUE DECLINE
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 2,465.8 3,496.3 4,447.4 4,925.1 4,018.5
Operating profit 87.7 185.3 363.5 207.5 136.2
Net profit 45.9 154.7 266.0 158.0 46.5
Gross margin 8.2 10.3 11.4 8.0 7.2
Operating margin 3.6 5.3 8.2 4.2 3.4
Net margin 1.8 4.3 6.0 3.1 1.1
Networth 269.9 426.7 692.3 848.3 823.2
Borrowings 197.8 83.1 254.4 357.6 293.2
Assets 1,242.9 2,090.0 3,025.8 2,703.0 3,151.1
Debt to equity 0.7 0.2 0.4 0.4 0.4
Current ratio 1.0 1.0 1.1 1.3 1.2
ROE 17.0 36.3 38.4 18.6 5.7
Days payable 116.0 170.0 186.0 114.0 188.0
WC days -3.0 5.0 26.0 36.0 33.0
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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 18.2 18.2 18.2 109.2 98.3
Reserves 251.7 408.5 674.0 739.0 724.9
Borrowings + 197.8 83.1 254.4 357.6 293.2
Long term borrowings 35.2 25.2 0.3 0.1 0.3
Short term borrowings 162.6 57.9 254.1 357.4 292.9
Trade payables + 718.3 1,458.8 2,006.4 1,418.3 1,922.0
Days payable 116.0 170.0 186.0 114.0 188.0
Other liabilities + 775.2 1,580.2 2,079.2 1,497.1 2,034.8
Other non-current liabilities 14.0 21.6 27.2 28.6 31.2
Other current liabilities 42.9 99.7 45.6 50.2 81.6
Total liabilities 1,242.9 2,090.0 3,025.8 2,703.0 3,151.1
Fixed Assets + 175.9 180.3 181.4 182.8 178.3
Tangible assets 175.9 180.0 178.7 175.1 175.8
CWIP - 0.3 2.7 6.9 1.8
Intangible assets - - - 0.9 0.7
LT loans and advances 0.4 0.1 0.3 0.3 1.2
Other non-current assets 164.1 241.3 220.2 202.5 310.0
Current assets + 902.5 1,668.3 2,624.0 2,317.4 2,661.6
Inventories 372.1 431.1 913.6 531.1 427.4
Trade receivables 62.1 89.4 53.3 115.9 62.6
Cash and cash equivalents 13.8 17.5 15.0 68.6 81.4
ST loans and advances 45.3 74.7 100.4 115.3 149.7
Other current assets 409.2 1,055.7 1,541.8 1,486.6 1,940.6
Total assets 1,242.9 2,090.0 3,025.8 2,703.0 3,151.1
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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 + 2,465.8 3,496.3 4,447.4 4,925.1 4,018.5
Sales growth % 10.21 41.79 27.2 10.74 -18.41
Expenses + 2,417.4 3,344.2 4,115.0 4,794.4 4,011.4
Cost of goods 2,263.9 3,137.2 3,942.2 4,533.5 3,730.3
Employee cost 7.4 12.9 13.3 21.6 24.7
Other costs 106.8 160.9 128.4 162.4 127.3
Operating profit + 87.7 185.3 363.5 207.5 136.2
Operating margin % 3.6 5.3 8.2 4.2 3.4
Other income 52.0 58.3 24.2 82.3 55.7
Interest 31.4 24.3 21.8 67.2 119.0
Depreciation 8.0 8.9 9.3 9.6 10.1
Exceptional items -41.6 - - - -
Profit before tax 58.8 210.4 356.5 212.9 62.8
Tax 12.9 55.6 90.5 55.0 16.2
Profit - disc. ops - - - - -
Net profit 45.9 154.7 266.0 158.0 46.5
Net margin % 1.8 4.3 6.0 3.1 1.1
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.7 0.2 0.4 0.4 0.4
Net Debt/Equity 0.7 0.1 0.3 0.3 0.3
Total Debt/Assets 0.2 0.0 0.1 0.1 0.1
Total Assets/Equity 4.6 4.9 4.4 3.2 3.8
Liquidity +
Current Ratio 1.0 1.0 1.1 1.3 1.2
Quick Ratio 0.6 0.8 0.7 1.0 1.0
Interest Coverage 2.8 7.6 16.6 3.1 1.1
Performance
Gross Margin 8.2 10.3 11.4 8.0 7.2
Operating Margin 3.6 5.3 8.2 4.2 3.4
Net Margin 1.8 4.3 6.0 3.1 1.1
Return +
Return on Equity 17.0 36.3 38.4 18.6 5.7
Pre-tax ROCE 51.6 76.0 70.9 29.4 23.2
Return on Assets 3.7 7.4 8.8 5.8 1.5
Pre-tax ROIC 17.6 35.8 38.0 17.4 12.2
Efficiency +
Days Payable 116.0 170.0 186.0 114.0 188.0
Days Inventory 60.0 50.0 85.0 43.0 42.0
Days Receivable 9.0 9.0 4.0 9.0 6.0
Fixed Asset Turnover 14.0 19.4 24.5 26.9 22.5
Total Asset Turnover 2.0 1.7 1.5 1.8 1.3
Working Capital
Cash Conversion Cycle -47.0 -111.0 -97.0 -62.0 -140.0
Working Capital Days -3.0 5.0 26.0 36.0 33.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

IndusInd Bank Limited

No. of Loans: 1

Total Amount : 970.0 cr

2

UNION BANK OF INDIA (LEAD BANK)

No. of Loans: 1

Total Amount : 960.0 cr

3

RBL Bank Limited

No. of Loans: 3

Total Amount : 318.0 cr

4

IDFC First Bank Limited

No. of Loans: 2

Total Amount : 145.0 cr

5

ICICI Bank Limited

No. of Loans: 2

Total Amount : 72.5 cr

6

SBM BANK (INDIA) LIMITED

No. of Loans: 1

Total Amount : 64.0 cr

7

CitiBank N.A.

No. of Loans: 1

Total Amount : 50.0 cr

8

HDFC Bank Limited

No. of Loans: 1

Total Amount : 0.4 cr

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Charges

IndusInd Bank Limited
UNION BANK OF INDIA (LEAD BANK)
RBL Bank Limited
IDFC First Bank Limited
Others

People

Designation Name DIN/PAN Tenure
Whole-time Director Bijay Kumar Agarwal 00552795 12 years
Whole-time Director Shyam Sundar Nangalia
Shareholder
00553008 11 years
CFO Ramesh Agarwal <HIDDEN> 7 years
Director Ramesh Agarwal 00564635 7 years
Manager Shree Gopal Saraf <HIDDEN> 3 years
Whole-time Director Harsh Agarwal 07100781 10 years
Director Sonu Jain 07267279 10 years
Director Anup Pandey 07288218 10 years
CS Manish Karwa <HIDDEN> 7 years

Company Network

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MMP VYAPAAR PRIVATE LIMITED
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MANUSHRI PROJECTS PRIVATE LIMITED
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ALLWORTH ENCLAVE PRIVATE LIMITED
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TOPTRACK PROPERTIES PRIVATE LIMITED
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REWARD PROMOTERS PRIVATE LIMITED
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SUBHSIDHI REALTY PRIVATE LIMITED
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AISHA DEVELOPERS LLP
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EDIBLE PRODUCTS INDIA LIMITED
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RAJSHREE MILK PRODUCTS PRIVATE LIMITED
Strike Off
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SIDDHI VINAYAK RICE & OIL INDUSTRIES PRIVATE LIMITED
Active
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GAYLORD SALES PVT LTD
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VISTA BPO PRIVATE LIMITED
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TIRUPATI AGRO PRODUCTS PRIVATE LIMITED
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ASHIKA CREDIT CAPITAL LIMITED
Active
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ASHIKA STOCK BROKING LIMITED
Active
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Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
BBB INFRAA LOGISTICS PARK PRIVATE LIMITED West Bengal 2022 ₹ 1.0 Cr

Registered Details

CIN

U15326WB1981PLC033574

PAN

AABCB2880M

Incorporation

1981, 44.0 years

Company Email

manishkarwa.bbrl@gmail.com

Paid up Capital

₹ 98.3 Cr

Authorised Capital

₹ 109.2 Cr

AGM

Sep 2023

Type

Public
Non-government Company

FAQ - BUDGE BUDGE REFINERIES LTD

What is the incorporation date of BUDGE BUDGE REFINERIES LTD?

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The incorporation date of BUDGE BUDGE REFINERIES LTD is 22 April, 1981

What is the authorized share capital of BUDGE BUDGE REFINERIES LTD?

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The authorized share capital of BUDGE BUDGE REFINERIES LTD is INR ₹ 109.2 Cr.

What is the paid-up capital of BUDGE BUDGE REFINERIES LTD?

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The paid-up capital of BUDGE BUDGE REFINERIES LTD is INR ₹ 98.3 Cr.

What is the registered address of BUDGE BUDGE REFINERIES LTD?

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The registered address of BUDGE BUDGE REFINERIES LTD is P-336, C.I.T. ROAD, SCHEME-VIM 2ND FLOOR, PHOOLBAGAN Phulbag an Kankurgachi Kolkata West Bengal - 700054

What is the CIN number of BUDGE BUDGE REFINERIES LTD?

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The CIN number of BUDGE BUDGE REFINERIES LTD is U15326WB1981PLC033574.

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