MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-20-0023514
Dual Rings Pvt Ltd - machinery and equipment in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹53.68 Cr
▼ 11% YoY
Net profit · FY 2024
₹39.4 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹3.57 Cr
EBITDA margin 6.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹72.67 Lakh
Issued & subscribed
Open charges
₹22.62 Cr
Satisfied ₹15.41 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
64
Provident fund records
About Dual Rings Pvt Ltd
Data last updated:
Dual Rings Pvt Ltd is a private limited company based in Hyderabad, Telangana, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 22 August 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29309TG1991PTC013113. Its GSTIN is 36AAACD7181N1Z9 (Telangana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹72.67 Lakh. It is led by directors including Ramachandra Rao Veeramachaneni (Managing Director) and Ramakrishna Rao Veeramachaneni.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 28 – 1 – 13/B Road No.15 Ida Nacharam, Hyderabad, Telangana, India – 500076.
As per the financials filed for FY 2024, the company reported a revenue of ₹53.68 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹39.4 Lakh (net margin 0.7%) and EBITDA of ₹3.57 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 4% over five years.
The company has about 64 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.62 Cr and satisfied charges of ₹15.41 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
Dual Rings Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0023514). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dualrings.com.
Company details
CIN U29309TG1991PTC013113
Registration Number 013113
Incorporation Date 22 August 1991
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-20-0023514
CIN history
Dual Rings has one previous CIN (Corporate Identification Number): U29309AP1991PTC013113. The current CIN is U29309TG1991PTC013113, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29309TG1991PTC013113 | Current |
| U29309AP1991PTC013113 | Previous |
Key People
Ramachandra Rao Veeramachaneni Managing Director Ramakrishna Rao Veeramachaneni Director Malahala Rao Kotte Director Recognitions & Rankings of Dual Rings
Contact details
Dual Rings Pvt Ltd's registered office is in Hyderabad, Telangana. Its website is dualrings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 28 – 1 – 13/B Road No.15 Ida Nacharam, Hyderabad, Telangana, India – 500076
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Dual Rings Pvt Ltd, buy the company report.
Comprehensive company report
Dual Rings Pvt Ltd - one report that includes everything
- 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
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Business activity
The main business activity of Dual Rings is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Dual Rings Pvt Ltd, buy the company report.
Financials of Dual Rings Pvt Ltd
FY 2025 filings availableDual Rings Pvt Ltd reported revenue of ₹53.68 Cr (down 11% YoY) for FY 2024.
Revenue · FY 2024
₹53.68 Cr ▼ 11%
Net profit · FY 2024
₹39.4 Lakh margin 0.7%
EBITDA · FY 2024
₹3.57 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 23%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 2%
5 years · compounded
▼ 1%
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 6% in the latest year. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.4 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Dual Rings Pvt Ltd, buy the company report.
Board of directors of Dual Rings Pvt Ltd
Dual Rings has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandra Rao Veeramachaneni Also directs: True Rings India Private Limited | Managing Director | 22 Aug 1991 | 35 Years 2 Months | Current |
| Ramakrishna Rao Veeramachaneni | Director | 01 Mar 2001 | 25 Years 7 Months | Current |
| Malahala Rao Kotte | Director | 22 Aug 1991 | 35 Years 2 Months | Current |
Peer comparison
Dual Rings Pvt Ltd is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Erablue Technology Private Limited | ₹54.07 Cr (FY 2024) | 264.0% | Ahmedabad, Gujarat, India | |||
| Dual Rings Pvt Ltdthis company | ₹53.68 Cr (FY 2024) | ₹39.4 Lakh | 0.7% | -11.0% | 64 | Hyderabad, Telangana, India |
| S R Jindal Metals Pvt Ltd | ₹53.59 Cr (FY 2025) | 28.0% | Ludhiana, Punjab, India | |||
| Enar Weld-Braze Private Limited | ₹53.51 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Cosmic Equipments (India) Private Limited | ₹53.37 Cr (FY 2024) | 7.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Dual Rings Pvt Ltd, buy the company report.
Auditor
Dual Rings Pvt Ltd is audited by P.V.R.K.NAGESWARA RAO & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.V.R.K.NAGESWARA RAO & CO | FY 2023 | 002283S |
Shareholding
The shareholding of Dual Rings Pvt Ltd 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 Dual Rings Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹22.62 Cr
Satisfied charges
₹15.41 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2025 | 101195715 | Others | ₹12.98 Lakh | Open | |
| 18 Oct 2024 | 100988920 | Sidbi | ₹2 Cr | Open | |
| 27 Mar 2024 | 100933679 | Hdfc Bank Limited | ₹11.89 Lakh | Open | |
| 14 Dec 2023 | 100863049 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 31 Mar 2022 | 100556100 | Others | ₹75 Lakh | Open |
To see the full charge records of Dual Rings Pvt Ltd, buy the company report.
Total charge records: 32 View all charges
Legal cases
Dual Rings Pvt Ltd has 4 court cases on record: 4 filed by Dual Rings. All cases are disposed.
Total cases
4
Filed by the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against Telangana State Industrial Infrastructure Corporation Ltd., and 1 other | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against Ms Sujana Industries Ltd. | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against A.P. Electricity Regulatory Commission, and 4 others | Disposed |
To see the full case history of Dual Rings Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Dual Rings Pvt Ltd was last rated by Care on 27 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 27 Sep 2022 |
To see the full credit ratings and regulatory alerts of Dual Rings Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dual Rings Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dual Rings Pvt Ltd has a workforce of 64 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
64
Active EPFO establishments
1
Employee growth
1.59%
GST
Dual Rings has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACD7181N1Z9 | Telangana | Active | 01 Jul 2017 |
| 36AABCD5547P1Z6 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dual Rings Pvt Ltd, buy the company report.
Recent activity
Dual Rings Pvt Ltd has 5 board changes on record since 1991: 3 appointments and 2 cessations. The latest: Ramakrishna Rao Veeramachaneni ceased to be Director on 05 May 2024.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 101195715 was registered on 09 Dec 2025.
AGM
Dual Rings Pvt Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge registered on 15 Sep 2020 via Charge ID 100368615 with Others was fully satisfied on 19 Jul 2025.
Charges
A charge registered on 22 Jun 2020 via Charge ID 100343812 with Sidbi was fully satisfied on 17 Jul 2025.
Filing
Dual Rings Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 100988920 was registered on 18 Oct 2024.
Ceased
Ramakrishna Rao Veeramachaneni ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100933679 was registered on 27 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100863049 was registered on 14 Dec 2023.
Charges
A charge registered on 07 Dec 2017 via Charge ID 100139403 with Others was fully satisfied on 19 May 2023.
Charges
A charge registered on 30 Sep 2015 via Charge ID 10593751 with Andhra Pradesh State Financial Corporation was fully satisfied on 19 May 2023.
Charges
A charge registered on 25 Jun 2020 via Charge ID 100350666 with Others was fully satisfied on 15 Oct 2022.
48 earlier events are in the company report.
Frequently asked questions
Dual Rings is an active private limited company based in Hyderabad, Telangana, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 22 August 1991 (35+ years old) and is registered under CIN U29309TG1991PTC013113.
Dual Rings has 3 current directors:
- Ramachandra Rao Veeramachaneni - Managing Director
- Ramakrishna Rao Veeramachaneni - Director
- Malahala Rao Kotte - Director
The latest financial statements of Dual Rings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dual Rings is 36AAACD7181N1Z9, registered in Telangana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 36AABCD5547P1Z6 (Telangana).
The CIN (Corporate Identification Number) of Dual Rings is U29309TG1991PTC013113. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dual Rings has 4 court cases on record: 4 filed by the company. Most are in the district courts.
Dual Rings was incorporated on 22 August 1991, making it 35+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Dual Rings by revenue are Erablue Technology Private Limited, S R Jindal Metals Pvt Ltd, Enar Weld-Braze Private Limited, Cosmic Equipments (India) Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products).
Ramakrishna Rao Veeramachaneni ceased to be Director on 05 May 2024. Mandhadapu Raghunath ceased to be Director on 01 Mar 2013. Ramakrishna Rao Veeramachaneni was appointed as Director on 01 Mar 2001. Dual Rings has 5 board changes on record in total.
Yes, Dual Rings is registered as a small enterprise under Udyam registration (number: UDYAM-TS-20-0023514).
Dual Rings can be reached through the website dualrings.com. Its registered office is in Hyderabad, Telangana, India.
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