About India Radiators Limited
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India Radiators Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Mercantile Ventures Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 05 January 1949 and has been in existence for over 77 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L27209TN1949PLC000963. Its GSTIN is 33AAACI1448M2ZL (Tamil Nadu). The company holds 3 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 12 Oct 2026 · merger, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹20.38 Cr. It was formerly known as Rayala Corporation (Mysore) Limited. It is led by directors including Rangaswami Natarajan Edayathumangalam (Whole-Time Director) and Sashikala Srikanth.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 88 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.57 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹84.92 Lakh and EBITDA of -₹24.99 Lakh (EBITDA margin -380.4%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 49% over five years.
The company is associated with 1 brand: India Radiators. As per MCA filings, the company has satisfied charges of ₹19.78 Cr on record. Court records list 19 cases involving the company, including 13 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiaradiators.com.
Company details
CIN history
India Radiators has one previous CIN (Corporate Identification Number): L27209TN1955PLC000963. The current CIN is L27209TN1949PLC000963, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27209TN1949PLC000963 | Current |
| L27209TN1955PLC000963 | Previous |
Contact details
India Radiators Limited's registered office is in Chennai, Tamil Nadu. Its website is indiaradiators.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 88 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of India Radiators 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
India Radiators operates one associated brand: India Radiators. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engages in renting properties, corporate governance, and investor compliance in India. | indiaradiators.com |
Business activity
The main business activity of India Radiators is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of India Radiators Limited, buy the company report.
Financials of India Radiators Limited
FY 2025 filings availableIndia Radiators Limited reported revenue of ₹6.57 Lakh (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 1% fall in the latest year. EBITDA fell 444% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹24.99 Lakh | ||||
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| Net Profit (PAT) | -₹84.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| EBITDA Margin | -380.4% | ||||
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To see the full financial statements and ratios of India Radiators Limited, buy the company report.
Board of directors of India Radiators Limited
India Radiators has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rangaswami Natarajan Edayathumangalam Also directs: Chitaranjan Developers LLP, Cenotaph Developers LLP, Mercantile Ventures Limited and 4 more | Whole-Time Director | 28 May 2014 | 12 Years 5 Months | Current |
| Sashikala Srikanth | Director | 29 May 2025 | 1 Years 5 Months | Current |
| Alagappan Chandramouli | Director | 29 May 2025 | 1 Years 5 Months | Current |
| Govindarajan Dattatreyan Sharma Also directs: Tuticorin Alkali Chemicals and Fertilizers Limited, Mercantile Ventures Limited, Tamilnadu Petroproducts Limited and 3 more | Director | 29 May 2025 | 1 Years 5 Months | Current |
Auditor
India Radiators Limited is audited by VENKATESH AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENKATESH AND CO | FY 2023 | 004636S |
Shareholding
The shareholding of India Radiators 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of India Radiators Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 1996 | 80067224 | First Leasing Company of India Ltd | ₹65 Lakh | Satisfied | |
| 12 Jun 1995 | 80067226 | Idbi Bank Limited | ₹1.1 Cr | Satisfied | |
| 03 Oct 1994 | 80067227 | Catholic Syrian Bank Ltd | ₹4.35 Cr | Satisfied | |
| 03 Oct 1994 | 80068055 | Pondicherry Industrial Promotion Development and Investment Corporation Ltd | ₹89 Lakh | Satisfied | |
| 08 Jun 1993 | 80067233 | State Bank of India | ₹5.3 Lakh | Satisfied |
To see the full charge records of India Radiators Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
India Radiators Limited has 19 court cases on record: 13 filed by India Radiators, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 6 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (REV.APLW) | Filed by the company against Indian Bank, | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Appellate Authority and 1 other | Disposed |
| High Court, TAMIL NADU | Court case (REV.APLW) | Filed by the company against The Appellate Authority | Disposed |
| High Court, TAMIL NADU | Court case (REV.APLW) | Filed by the company against Indian Bank | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Indian Bank, | Disposed |
To see the full case history of India Radiators Limited, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for India Radiators Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
India Radiators has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACI1448M2ZL | Tamil Nadu | Active | 31 Aug 2017 |
To see the full GST registrations and return filing status of India Radiators Limited, buy the company report.
Recent activity
India Radiators Limited has 21 board changes on record since 1999: 13 appointments and 8 cessations. The latest: Alagappan Chandramouli was appointed as Director on 29 May 2025.
56 earlier events are in the company report.
Frequently asked questions
India Radiators is an active public limited company based in Chennai, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 05 January 1949 (77+ years old) and is registered under CIN L27209TN1949PLC000963.
India Radiators has 4 current directors:
- Rangaswami Natarajan Edayathumangalam - Whole-Time Director
- Sashikala Srikanth - Director
- Alagappan Chandramouli - Director
- Govindarajan Dattatreyan Sharma - Director
The latest financial statements of India Radiators on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of India Radiators is 33AAACI1448M2ZL, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of India Radiators is L27209TN1949PLC000963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
India Radiators is recorded as a listed company by MCA, but its shares were delisted from BSE on 12 Oct 2026 · merger, and no longer trade on a stock exchange.
India Radiators has 19 court cases on record: 13 filed by the company and 6 filed against it.
India Radiators was incorporated on 05 January 1949, making it 77+ years old. It is registered with the Registrar of Companies, Chennai.
Alagappan Chandramouli was appointed as Director on 29 May 2025. Govindarajan Dattatreyan Sharma was appointed as Director on 29 May 2025. Sashikala Srikanth was appointed as Director on 29 May 2025. India Radiators has 21 board changes on record in total.
India Radiators can be reached through the website indiaradiators.com. Its registered office is in Chennai, Tamil Nadu, India.
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