Bharat Pumps & Compressors
Encyclopedia
Bharat Pumps & Compressors Limited (BPC) is a Mini Navratna Company, Public Sector Undertaking (PSU) of the Government of India
. The company manufactures Reciprocating pump
s, Centrifugal pump
s, Reciprocating compressor
s, and high pressure seamless Gas cylinder
s. Headquarter in Allahabad
.
, refineries, chemical & fertilizer
plant and nuclear plants. Unfortunately, the company was unable to make profits. Eventually, it turned sick and was referred to the Board for Industrial and Financial Restructuring (BIFR). BPC’s losses had accumulated to as on March 31, 2005 and the net worth had turned negative at . The company was referred to the BIFR and was on the verge of being closed down after 35 years of operations.
The company has seen a dramatic turnaround in its performance from the financial year 2005-06. The company’s profit before tax (PBT) in the financial year 2006-07 was , which increased to in 2009-10. During the same period, our net worth increased from to . The turnover went up to in 2009-10 from in 2006-07.
Government of India
The Government of India, officially known as the Union Government, and also known as the Central Government, was established by the Constitution of India, and is the governing authority of the union of 28 states and seven union territories, collectively called the Republic of India...
. The company manufactures Reciprocating pump
Reciprocating pump
A reciprocating pump is a positive plunger pump. It is often used where relatively small quantity of liquid is to be handled and where delivery pressure is quite large.Reciprocating pumps are used in High performance liquid chromatography .-Examples:...
s, Centrifugal pump
Centrifugal pump
A centrifugal pump is a rotodynamic pump that uses a rotating impeller to create flow by the addition of energy to a fluid. Centrifugal pumps are commonly used to move liquids through piping...
s, Reciprocating compressor
Reciprocating compressor
A reciprocating compressor or piston compressor is a positive-displacement compressor that uses pistons driven by a crankshaft to deliver gases at high pressure....
s, and high pressure seamless Gas cylinder
Gas cylinder
A gas cylinder is a pressure vessel used to store gases at above atmospheric pressure. High pressure gas cylinders are also called bottles. Although they are sometimes colloquially called "tanks", this is technically incorrect, as a tank is a vessel used to store liquids at ambient pressure and...
s. Headquarter in Allahabad
Allahabad
Allahabad , or Settled by God in Persian, is a major city of India and is one of the main holy cities of Hinduism. It was renamed by the Mughals from the ancient name of Prayaga , and is by some accounts the second-oldest city in India. It is located in the north Indian state of Uttar Pradesh,...
.
History
Bharat Pumps and Compressors Ltd (BPC), was set up in 1970 to cut the country’s dependence on import of hi-tech equipment like pumps and compressors for use in critical areas like oil & gas explorationExploration
Exploration is the act of searching or traveling around a terrain for the purpose of discovery of resources or information. Exploration occurs in all non-sessile animal species, including humans...
, refineries, chemical & fertilizer
Fertilizer
Fertilizer is any organic or inorganic material of natural or synthetic origin that is added to a soil to supply one or more plant nutrients essential to the growth of plants. A recent assessment found that about 40 to 60% of crop yields are attributable to commercial fertilizer use...
plant and nuclear plants. Unfortunately, the company was unable to make profits. Eventually, it turned sick and was referred to the Board for Industrial and Financial Restructuring (BIFR). BPC’s losses had accumulated to as on March 31, 2005 and the net worth had turned negative at . The company was referred to the BIFR and was on the verge of being closed down after 35 years of operations.
The company has seen a dramatic turnaround in its performance from the financial year 2005-06. The company’s profit before tax (PBT) in the financial year 2006-07 was , which increased to in 2009-10. During the same period, our net worth increased from to . The turnover went up to in 2009-10 from in 2006-07.