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BVG INDIA LIMITED

bvgindia.com
Active
Updated: 04 Nov 2024

The company provides facilities management services. It offers housekeeping, landscaping, shop floor cleaning, paintshop maintenance, electrical and mechanical, solid waste management, pest control, civil engineering, and road sweeping, gardening & landscaping, and attendant services.

Bvg India Limited, is an unlisted public company incorporated on 20 March, 2002. It is classified as a public limited company and is located in Pune, Maharashtra. It's authorized share capital is INR 47.00 cr and the total paid-up capital is INR 40.55 cr.

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Industry

Business Services
Products
  • Electrical Infrastructure Projects, Mechanised Housekeeping, Facility Management, and Municipal Solid Waste Management
Key Metrics

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

Sales
22.65%
₹ 2,832.9
EBITDA
17.48%
₹ 346.8
Net Profit
31.26%
₹ 166.1
Networth
15.03%
₹ 1,176.6
Borrowings
-23.07%
₹ 286.5
Assets
8.16%
₹ 2,074.3
Gross Margin
-2.2
88.2 %
Operating Margin
-0.54
12.2 %
Net Profit Margin
0.34
5.9 %
Return on Equity
1.75
14.1 %
ROCE
0.94
28.9 %
Debt to Equity
-0.12
0.2
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (24)
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
  • No risks identified
Low Risk
  • No risks identified
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 - 1,662.9 2,030.9 2,309.7 2,832.9
Operating profit - 226.1 289.4 295.2 346.8
Net profit - 91.0 120.9 126.5 166.1
Gross margin 90.1 93.0 90.1 90.4 88.2
Operating margin 12.6 13.6 14.2 12.8 12.2
Net margin 6.1 5.5 6.0 5.5 5.9
Networth - 780.4 904.1 1,022.9 1,176.6
Borrowings - 508.9 345.0 372.4 286.5
Assets - 1,910.9 1,890.9 1,917.8 2,074.3
Debt to equity 0.8 0.7 0.4 0.4 0.2
Current ratio 1.4 1.5 1.7 2.1 2.2
ROE 17.1 11.7 13.4 12.4 14.1
Days payable 252.0 380.0 265.0 338.0 136.0
WC days 80.0 114.0 117.0 125.0 111.0
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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 - 40.5 40.5 40.5 40.5
Reserves - 739.8 863.5 982.3 1,136.1
Borrowings + - 508.9 345.0 372.4 286.5
Long term borrowings - 50.5 38.8 98.5 104.4
Short term borrowings - 458.4 306.2 273.8 182.1
Trade payables + - 121.7 145.7 204.9 123.9
Days payable 252.0 380.0 265.0 338.0 136.0
Other liabilities + - 621.6 641.9 522.5 611.2
Other non-current liabilities - 67.1 64.8 68.5 76.1
Other current liabilities - 432.9 431.4 249.1 411.2
Total liabilities - 1,910.9 1,890.9 1,917.8 2,074.3
Fixed Assets + - 176.6 174.9 182.6 249.4
Tangible assets - 174.1 174.0 181.5 177.3
CWIP - 0.2 - 0.2 70.6
Intangible assets - 2.3 0.9 1.0 1.5
LT loans and advances - 6.1 9.3 - -
Other non-current assets - 196.8 172.7 218.9 244.5
Current assets + - 1,531.4 1,534.0 1,516.2 1,580.5
Inventories - 169.4 168.1 10.3 31.4
Trade receivables - 886.8 910.6 965.0 937.0
Cash and cash equivalents - 59.2 48.9 53.5 55.0
ST loans and advances - 12.7 17.1 0.5 1.0
Other current assets - 403.3 389.2 486.9 556.1
Total assets - 1,910.9 1,890.9 1,917.8 2,074.3
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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 + - 1,662.9 2,030.9 2,309.7 2,832.9
Sales growth % 5.83 86454347.15 22.13 13.73 22.65
Expenses + - 1,547.7 1,845.9 2,124.6 2,611.6
Cost of goods - 116.7 200.4 221.2 333.8
Employee cost - 1,055.8 1,196.0 1,410.9 1,713.4
Other costs - 264.4 345.1 382.4 438.8
Operating profit + - 226.1 289.4 295.2 346.8
Operating margin % 12.6 13.6 14.2 12.8 12.2
Other income - 6.6 5.1 3.7 5.4
Interest - 86.2 80.8 86.7 100.6
Depreciation - 24.7 23.6 23.5 25.0
Exceptional items - - - - -
Profit before tax - 121.8 190.1 188.8 226.7
Tax - 9.5 39.9 30.0 41.2
Profit - disc. ops - -21.3 -29.3 -32.3 -19.4
Net profit - 91.0 120.9 126.5 166.1
Net margin % 6.1 5.5 6.0 5.5 5.9
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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 0.7 0.4 0.4 0.2
Net Debt/Equity 0.7 0.6 0.3 0.3 0.2
Total Debt/Assets 0.3 0.3 0.2 0.2 0.1
Total Assets/Equity 2.7 2.5 2.1 1.9 1.8
Liquidity +
Current Ratio 1.4 1.5 1.7 2.1 2.2
Quick Ratio 1.2 1.3 1.6 2.1 2.2
Interest Coverage 2.7 2.6 3.6 3.4 3.5
Performance
Gross Margin 90.1 93.0 90.1 90.4 88.2
Operating Margin 12.6 13.6 14.2 12.8 12.2
Net Margin 6.1 5.5 6.0 5.5 5.9
Return +
Return on Equity 17.1 11.7 13.4 12.4 14.1
Pre-tax ROCE 35.9 29.0 32.2 28.0 28.9
Return on Assets 6.3 4.8 6.4 6.6 8.0
Pre-tax ROIC 18.4 16.4 22.1 20.2 22.9
Efficiency +
Days Payable 252.0 380.0 265.0 338.0 136.0
Days Inventory 307.0 530.0 306.0 17.0 34.0
Days Receivable 166.0 195.0 164.0 153.0 121.0
Fixed Asset Turnover 9.9 9.4 11.6 12.7 11.4
Total Asset Turnover 1.0 0.9 1.1 1.2 1.4
Working Capital
Cash Conversion Cycle 221.0 345.0 205.0 -168.0 19.0
Working Capital Days 80.0 114.0 117.0 125.0 111.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

SBICap Trustee Company Limited

No. of Loans: 2

Total Amount : 1,643.2 cr

2

Vivriti Capital Limited

No. of Loans: 2

Total Amount : 30.0 cr

3

Capital First Limited

No. of Loans: 1

Total Amount : 27.0 cr

4

Yes Bank Limited

No. of Loans: 11

Total Amount : 24.2 cr

5

Bank of Maharashtra

No. of Loans: 1

Total Amount : 22.0 cr

6

TATA MOTORS FINANCE SOLUTIONS LIMITED

No. of Loans: 6

Total Amount : 19.3 cr

7

Kotak Mahindra Bank Limited

No. of Loans: 2

Total Amount : 2.7 cr

8

THE SARASWAT COOPERATIVE BANK LIMITED

No. of Loans: 4

Total Amount : 1.4 cr

9

ICICI Bank Limited

No. of Loans: 1

Total Amount : 1.0 cr

10

Tata Motors Finance Limited

No. of Loans: 3

Total Amount : 0.5 cr

11

The Sarawat Co-operative Bank Limited

No. of Loans: 1

Total Amount : 0.1 cr

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Charges

SBICap Trustee Company Limited
Vivriti Capital Limited
Capital First Limited
Yes Bank Limited
Others

People

Designation Name DIN/PAN Tenure
Director Umesh Gautam Mane
Shareholder
01597365 23 years
Managing Director Hanmantrao Gaikwad
Shareholder
01597742 23 years
Director Prabhakar Dattatraya Karandikar 02142050 5 years
Director Chandrakant Narayan Dalvi 03069236 5 years
CFO Manoj Pannalal Jain <HIDDEN> 5 years
Director Swapnali Dattatraya Gaikwad
Shareholder
06972087 8 years
Director Pankaj Dhingra 07775198 8 years
Director Rajendra Ramrao Nimbhorkar 08152265 5 years
CS Niklank Jain <HIDDEN> 2 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
VIGHNAHAR PEST CONTROL PRIVATE LIMITED
Strike Off
1.0 L 2 Maharashtra
BVG REALTY LIMITED
Strike Off
5.0 L 2 Maharashtra
MANEGROW INDUSTRIES PRIVATE LIMITED
Active
1.9 Cr 1 Maharashtra
AADIARYA AGROTECH SERVICES LLP
Active
10.0 L 2 Maharashtra
BVG NATURAL RESOURCES LLP
Active
1.0 Cr 2 Maharashtra
BVG CHEMICALS LLP
Active
1.0 L 2 Maharashtra
ANTARES HOTELS LLP
Active
1.0 L 1 Maharashtra
MANEGROW AGRO PRODUCTS PRIVATE LIMITED
Active
12.7 Cr 1 Maharashtra
SATARA MEGA FOOD PARK PRIVATE LIMITED
Active
11.5 L 2 Maharashtra
ORA ASIA PHARMACEUTICALS PRIVATE LIMITED
Strike Off
85.0 L 2 Maharashtra
BVG DOMESTIC SERVICES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
PRIME OLEOCHEM PRIVATE LIMITED
Active
16.0 L 1 Maharashtra
BVG CLEAN TECHNOLOGIES LIMITED
Active
5.0 L 1 Maharashtra
BVG RENEWABLE ENERGY PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
BVG CLEAN ENERGY LIMITED
Active
15.0 Cr 1 Maharashtra
BVG INFRASTRUCTURE LIMITED
Active
5.0 L 1 Maharashtra
BVG AGROTECH PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
BVG INNOVATIONS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
BVG NUCLEAR PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
VERA VENTURES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
BVG GLOBAL FARMWORKS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
BVG GREEN ENERGY PRIVATE LIMITED
Active
1.0 L 2 Maharashtra
AMANORA BVG PROPERTY MANAGEMENT SERVICES LLP
Strike Off
1.0 Cr 1 Maharashtra
BVG-SAI NANOSCIENCES LLP
Active
10.0 L 1 Gujarat
BVG BOOKLET LLP
Active
1.0 L 1 Maharashtra
AADIRUCHI FOODS LLP
Active
1.0 L 1 Maharashtra
BVG LIFE SCIENCES LIMITED
Active
5.0 L 1 Maharashtra
STATE FARMS CORPORATION OF INDIA LIMITED
Amalgamated
31.5 Cr 1 Delhi
IL&FS RENEWABLE ENERGY LIMITED
Amalgamated
177.4 Cr 1 Maharashtra
SADASHIV REALTY LLP
Active
5.0 L 1 Maharashtra
FINOLEX PLASSON INDUSTRIES PRIVATE LIMITED
Active
10.0 Cr 1 Maharashtra
SATV FOUNDATION
Active
0.0 1 Maharashtra
SPA ASIA LIFE CARE PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
ENLIV DATA ANALYTICS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
MEDIHOUSE ENTERPRISES PRIVATE LIMITED
Active
25,000.0 1 Maharashtra
NATH AUTO LLP
Active
1.0 L 1 Maharashtra
MEDIHOUSE PHARMA LLP
Strike Off
1.0 L 1 Maharashtra
AUREOLE INSPECS (INDIA) PRIVATE LIMITED
Active
1.1 Cr 1 Delhi
EDESIA ELECTRICAL AND ELECTRONICS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
NAMOH KRUSHI PRODUCER COMPANY LIMITED
Active
1.0 L 1 Maharashtra
ESW ADVANTAGE FORUM
Active
10,000.0 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
BVG KSHITIJ WASTE MANAGEMENT SERVICES PRIVATE LIMITED Maharashtra 2011 ₹ 1.0 L
OUT-OF-HOME MEDIA (INDIA) PRIVATE LIMITED Maharashtra 2006 ₹ 36.6 Cr
BVG SKILL ACADEMY Maharashtra 2015 ₹ 5.0 L
BVG-UKSAS (SPV) PRIVATE LIMITED Maharashtra 2019 ₹ 1.0 L
BVG SECURITY SERVICES PRIVATE LIMITED 2011 ₹ 1.0 L
BVG Property Management KBT Private Limited India - -
BVG PROPERTY MANAGEMENT KBT PRIVATE LIMITED India - -

Registered Details

CIN

U74999PN2002PLC016834

PAN

AACCB0943N

Incorporation

2002, 23.1 years

Company Email

secretarial@bvgindia.com

Paid up Capital

₹ 40.5 Cr

Authorised Capital

₹ 47.0 Cr

AGM

Aug 2024

Type

Public
Non-government Company

FAQ - BVG INDIA LIMITED

What is the incorporation date of BVG INDIA LIMITED?

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The incorporation date of BVG INDIA LIMITED is 20 March, 2002

What is the authorized share capital of BVG INDIA LIMITED?

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The authorized share capital of BVG INDIA LIMITED is INR ₹ 47.0 Cr.

What is the paid-up capital of BVG INDIA LIMITED?

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The paid-up capital of BVG INDIA LIMITED is INR ₹ 40.5 Cr.

What is the registered address of BVG INDIA LIMITED?

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The registered address of BVG INDIA LIMITED is 'BVG HOUSE', PREMIER PLAZA, PUNE- MUMBAI ROAD, CHINCHWAD PUNE Pune Maharashtra - 411019

What is the CIN number of BVG INDIA LIMITED?

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The CIN number of BVG INDIA LIMITED is U74999PN2002PLC016834.

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