Financial analysis (Bharat Hard Coke Manufacturing Co. Pvt. Ltd.)

Jun 21st, 2015
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M/s Bharat Hard Coke Manufacturing Co. Pvt. Ltd. (BHCMCPL) is a private limited company, incorporated in the year 9th Oct’1990. It was registered as a company under the Companies Act, 1956, with authorized capital of Rs.10,00,00,000, after authorization by the ROC (Registrar of the Company).

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IntroductionBharat Hard Coke Manufacturing Co. Pvt. Ltd.M/s Bharat Hard Coke Manufacturing Co. Pvt. Ltd. (BHCMCPL) is a private limited company, incorporated in the year 9th Oct1990. It was registered as a company under the Companies Act, 1956, with authorized capital of Rs.10,00,00,000, after authorization by the ROC (Registrar of the Company). Mr. Jagdish Singh of Dhanbad and his mother Mrs. Janaki Singh had laid the foundation of the company. The company has linkage agreement with BCCL (Bihar Central Coal Field ltd)., which is major supplier of raw materials i.e. coal. Company also purchases raw material from local market other than BCCL. Most of its produce is sold to local market as well as some portion is also sold in other states like Gujarat, Maharashtra etc. The main purchasers of the unit are M/S Anand Enterprise, Kolkata,, M/S Sakar Ferro Alloys, Maharashtra, M/S Sai Sillied Industries, Gujarat etc. Hard Coke is one of the basic inputs in iron & steel making through blast furnace (as a redundant) and is a source of fuel. The steel production in India is predominantly through the blast furnace route (around 62 %), which needs high quality, steel grade coke. Pig iron used for casting is also manufactured through the same route. Technical specifications suggest that 0.7-0.8 tonnes of coke is required to manufacture 1 tonne of hot metal. (Crisinfec site, August, 06 report). Therefore demand of hard coke is always there.Financial Patte

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