About Ricardo India Private Limited
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Ricardo India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Ricardo Plc. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 08 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2007PTC170272. Its GSTIN is 07AADCR7707H1ZA (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.67 Lakh. It is led by directors Bridget Katherine Bolton and Palak Agnihotri.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No. 306 Corporate One, Plot No.5 Jasola District Centre, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.21 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹30.78 Lakh (net margin 5.9%) and EBITDA of ₹48.29 Lakh (EBITDA margin 9.3%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 13% over five years.
The company is associated with 1 brand: Ricardo.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ricardo.com.
Company details
Contact details
Ricardo India Private Limited's registered office is in New Delhi, Delhi. Its website is ricardo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. 306 Corporate One, Plot No.5 Jasola District Centre, New Delhi, Delhi, India – 110025
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Ricardo India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Ricardo India operates one associated brand: Ricardo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Drive transmission components are manufactured and supplied to OEMs. | ricardo.com |
Business activity
The main business activity of Ricardo India is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Ricardo India Private Limited, buy the company report.
Financials of Ricardo India Private Limited
FY 2024 filings availableRicardo India Private Limited reported revenue of ₹5.21 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹48.29 Lakh | ||||
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| Net Profit (PAT) | ₹30.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | 5.9% | ||||
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To see the full financial statements and ratios of Ricardo India Private Limited, buy the company report.
Board of directors of Ricardo India Private Limited
Ricardo India has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bridget Katherine Bolton | Director | 15 Nov 2021 | 4 Years 11 Months | Current |
| Palak Agnihotri Also directs: X Maxx Studios Private Limited, Kreston Management Advisors Private Limited, Uniyou Private Limited and 1 more | Additional Director | 08 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Ricardo India Private Limited is audited by BHATIA & BHATIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHATIA & BHATIA | FY 2023 | 003202N |
Shareholding
The shareholding of Ricardo India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ricardo India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ricardo India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ricardo India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ricardo India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCR7707H1ZA | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ricardo India Private Limited, buy the company report.
Recent activity
Ricardo India Private Limited has 16 board changes on record since 2008: 2 appointments and 14 cessations. The latest: Palak Agnihotri was appointed as Additional Director on 08 Jan 2024.
7 earlier events are in the company report.
News
Frequently asked questions
Ricardo India is an active private limited company based in New Delhi, Delhi, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 08 November 2007 (19+ years old) and is registered under CIN U74140DL2007PTC170272.
Ricardo India has 2 current directors:
- Bridget Katherine Bolton - Director
- Palak Agnihotri - Additional Director
The latest financial statements of Ricardo India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ricardo India is 07AADCR7707H1ZA, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ricardo India is U74140DL2007PTC170272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ricardo India was incorporated on 08 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Palak Agnihotri was appointed as Additional Director on 08 Jan 2024. Prasad Bajirao Mane ceased to be Additional Director on 31 Aug 2022. Saad Ashraf ceased to be Additional Director on 27 Apr 2022. Ricardo India has 16 board changes on record in total.
Ricardo India can be reached through the website ricardo.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Ricardo India is at Flat No. 306 Corporate One, Plot No.5 Jasola District Centre, New Delhi, Delhi, India – 110025.
Ricardo India operates in the business outsourcing industry, in the business and IT consulting segment.
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