Bharat Line Limited - Due diligence report

A 360° intelligence report on Bharat Line Limited: trust score, financial health, credit view, compliance, directors, growth and distress si…

1945-10-08 Bhavnagar, Gujarat Active Unlisted Active Compliant
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BL Bharat Line Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Bharat Line Limited — 360° Intelligence Report

Generated from MCA filings & public records
80/100
Trust Score
Low Risk

Bharat Line Limited is assessed as Low Risk with a Trust Score of 80/100. Bharat Line Limited is an active public limited indian non-government company incorporated in 1945, operating in the Financial Services sector. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.

Report generated on 08 Aug 2026 from the latest processed filings. Bharat Line Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
80/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
63/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 60/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 3 satisfied (9.04 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others2 48.0 cr
Corporation Bank1 48.0 cr
Compliance Score: 63/100 Moderate
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Flagged by authority: BSE.
  • Litigation present in 1 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
KHIMJI GUNVANTRAI KAMDAR 01234567 Director 01/04/2018 6 yrs Approved
ATUL MAHADEV NAIK 01234567 Director 01/04/2018 6 yrs Approved
DAYALAL GUNVANTRAI KAMDAR 01234567 Director 01/04/2018 6 yrs Approved
CHETAN SANTOSH KAMDAR 01234567 Director 01/04/2018 6 yrs Approved
JAYANT RAMESHCHANDRA KAMDAR 01234567 Director 01/04/2018 6 yrs Approved
SANTOSHBHAI GUNVANTBHAI KAMDAR 01234567 Director 01/04/2018 6 yrs Approved
  • 6 directors on the board.
  • No disqualified or deactivated DINs.
  • 2 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2020)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 50 · Distress 80
Growth signals & trust indicators
Operating for 80+ years.
Active GST registration(s).
Distress signals & risk flags
Profit declined two years in a row.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence73/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment68/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view70/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
27 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
31 Dec 2024
Charge satisfied
Others
27 Sep 2024
Director ceased
JAYANT RAMESHCHANDRA KAMDAR
10 Sep 2024
Charge satisfied
Corporation Bank
31 Oct 2023
Director appointed
JAYANT RAMESHCHANDRA KAMDAR (Director)
28 Sep 2023
Director ceased
CHETAN SANTOSH KAMDAR
11 Nov 2022
Director appointed
CHETAN SANTOSH KAMDAR (Director)
21 Apr 2022
Charge satisfied
Others
31 Mar 2020
Director ceased
KHIMJI GUNVANTRAI KAMDAR
16 Aug 2019
Director ceased
ABHIJIT BALWANTRAI SHAH
12 Aug 2016
Charge created
Others - 8.06 cr
15 Mar 2016
Charge created
Others - 24.50 Lakh
30 Sep 2011
Director appointed
DAYALAL GUNVANTRAI KAMDAR (Director)
Director appointed
SANTOSHBHAI GUNVANTBHAI KAMDAR (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Net worth is positive.
6 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
All 3 registered charge(s) stand satisfied - past borrowings repaid.
Promoters hold the largest single block of equity as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Salesfully Yours Private Limited U70100MH2022PTC375898 Mumbai, Maharashtra, India
Varun Devcon Private Limited U45200MP2011PTC026605 Indore, Madhya Pradesh, India
Sarangdeep Properties Private Limited U45201MH2012PTC238773 Mumbai, Maharashtra, India
Pragnya Infrastructure Investments Private Limited U45200TG2004PTC044450 Andhra Pradesh, Telangana, India
Sethi Buildcon Private Limited U74140DL1996PTC076227 Delhi, Delhi, India
D R Builders And Promoters Private Limited U74899DL1991PTC044658 Delhi, Delhi, India
Gee City Builders Private Limited U70101CH1996PTC018537 Chandigarh, Chandigarh, India
Vinayak Shree Royaltech Private Limited U70200UP2007PTC033044 Kanpur, Uttar Pradesh, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Bharat Line Limited before audits and certifications: compliance score 63/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Bharat Line Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 50/100, margin trends, ownership structure and peer set for Bharat Line Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 80/100, distress signals and MSME payment-delay disclosures - know whether Bharat Line Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Bharat Line Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Bharat Line Limited an active company?

Bharat Line Limited has MCA status “Active” with a compliance score of 63/100 (Moderate).

Is Bharat Line Limited financially healthy?

Bharat Line Limited has a Financial Health Score of 85/100 (Low Risk) based on its filed financial statements.

Should I do business with Bharat Line Limited?

Its overall Trust Score is 80/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Bharat Line Limited?

Promoters hold the largest single block of equity - exact percentages are in the full report. 6 active director(s) are on record.

Does Bharat Line Limited have loans or charges against its assets?

No open charges - all 3 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Bharat Line Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 63/100 (Moderate).

Is it risky to lend to Bharat Line Limited?

Its Credit Risk Score is 60/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.