Ridhi Sidhi Limited
About Ridhi Sidhi Limited
Data last updated:
Ridhi Sidhi Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 15 March 1956 and has been in existence for over 70 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1956PLC008429. Its GSTIN is 27AAACR3412N1ZC (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹19.48 Lakh. It is led by directors including Rajendra Avasthi and Nirajkumar More.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Growel Houseakurli Road Kandivali (East), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.04 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹2.2 Cr (net margin 72.3%) and EBITDA of -₹16.68 Lakh (EBITDA margin -5.5%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 3% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ridhi Sidhi Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGrowel Houseakurli Road Kandivali (East), Mumbai, Maharashtra, India – 400101
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Ridhi Sidhi 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
Financials of Ridhi Sidhi Limited
FY 2025 filings availableRidhi Sidhi Limited reported revenue of ₹3.04 Cr (up 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.04 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹16.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.2 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.5% | ||||
| Net Profit Margin | 72.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ridhi Sidhi Limited, buy the company report.
Board of directors of Ridhi Sidhi Limited
Ridhi Sidhi has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Avasthi Also directs: Nimbus Labels Private Limited | Director | 30 Sep 2014 | 12 Years 1 Months | Current |
| Nirajkumar More Also directs: Grauer and Weil (India) Limited | Director | 22 Jul 1999 | 27 Years 3 Months | Current |
| Premlata More Also directs: Poona Bottling Company Private Limited | Director | 28 Jul 1977 | 49 Years 3 Months | Current |
Auditor
Ridhi Sidhi Limited is audited by M. M. Nissim & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. M. Nissim & Co. LLP | FY 2023 | 107122W |
Shareholding
The shareholding of Ridhi Sidhi 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ridhi Sidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ridhi Sidhi 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 Ridhi Sidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ridhi Sidhi Limited has a workforce of 18 employees on its EPFO records as of Nov 2021, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 18 |
| FY 2020-21 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Ridhi Sidhi Limited, buy the company report.
GST
Ridhi Sidhi has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR3412N1ZC | Maharashtra | Active | 15 Jan 2018 |
To see the full GST registrations and return filing status of Ridhi Sidhi Limited, buy the company report.
Recent activity
Ridhi Sidhi Limited has 7 board changes on record since 1977: 5 appointments and 2 cessations. The latest: Rajendra Avasthi was appointed as Director on 30 Sep 2014.
Frequently asked questions
Ridhi Sidhi is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 15 March 1956 (70+ years old) and is registered under CIN U74999MH1956PLC008429.
Ridhi Sidhi has 3 current directors:
- Rajendra Avasthi - Director
- Nirajkumar More - Director
- Premlata More - Director
The latest financial statements of Ridhi Sidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ridhi Sidhi is 27AAACR3412N1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ridhi Sidhi is U74999MH1956PLC008429. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ridhi Sidhi was incorporated on 15 March 1956, making it 70+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajendra Avasthi was appointed as Director on 30 Sep 2014. Vinay Kumar Gupta ceased to be Director on 30 Sep 2014. Vinod Ramniranjan Haritwal ceased to be Director on 31 Mar 2008. Ridhi Sidhi has 7 board changes on record in total.
The registered office of Ridhi Sidhi is at Growel Houseakurli Road Kandivali East, Mumbai, Maharashtra, India – 400101.
Ridhi Sidhi operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Ridhi Sidhi is compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.
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