
Kandhari Rubbers Limited
About Kandhari Rubbers Limited
Data last updated:
Kandhari Rubbers Limited is a public limited company based in Udaipur, Rajasthan, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 27 December 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L25191RJ1985PLC003492. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹3.65 Cr. It is led by directors including Harish Kandhari (Managing Director) and Krishan Lal Arora.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at N.H.8 Industrial Area Sukher, Udaipur, Rajasthan, India – 313004.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.74 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹7.57 Lakh (net margin -434.1%) and EBITDA of -₹7.56 Lakh (EBITDA margin -433.7%).
As per MCA filings, the company has open charges of ₹91 Lakh on record. Court records list 43 cases involving the company, including 32 filed by the company and 11 filed against it; 8 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Kandhari Rubbers Limited's registered office is in Udaipur, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered AddressN.H.8 Industrial Area Sukher, Udaipur, Rajasthan, India – 313004
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Kandhari Rubbers 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 Kandhari Rubbers Limited
FY 2016 filings availableKandhari Rubbers Limited reported revenue of ₹1.74 Lakh (down 74% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 74% in the latest year. EBITDA fell 197% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.74 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹7.56 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹7.57 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 | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -433.7% | |
| Net Profit Margin | -434.1% | |
| 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 Kandhari Rubbers Limited, buy the company report.
Board of directors of Kandhari Rubbers Limited
Kandhari Rubbers has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishan Lal Arora | Director | 29 Dec 2000 | 25 Years 10 Months | Current |
| Manoj Kandhari Also directs: Kandhari and Kandhari Pvt.Ltd., Eco Bounty Highway Private Limited | Director | 31 Oct 2002 | 24 Years 0 Months | Current |
| Rajni Kandhari Also directs: Plasto Packs International Pvt Ltd | Director | 24 Oct 2016 | 10 Years 0 Months | Current |
| Harish Kandhari Also directs: Kandhari and Kandhari Pvt.Ltd., Eco Bounty Highway Private Limited | Managing Director | 10 Aug 2004 | 22 Years 2 Months | Current |
Peer comparison
Kandhari Rubbers Limited is compared with the 10 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kandhari Rubbers Limitedthis company | ₹1.74 Lakh (FY 2016) | -₹7.57 Lakh | -434.1% | -74.0% | Udaipur, Rajasthan, India | |
| Mexxcorp Trading & Investment (P) Ltd. | ₹90,800 (FY 2024) | -82.0% | Kolkata, West Bengal, India | |||
| Shri Hanumant Motors Private Limited | ₹90,000 (FY 2025) | 169.0% | Bareilly, Uttar Pradesh, India | |||
| GT Developers Private Limited | ₹90,000 (FY 2025) | New Delhi, Delhi, India | ||||
| Sahalaxmi Enterprises (India) Private Limited | ₹90,000 (FY 2019) | -77.0% | Kalyan, Maharashtra, India | |||
| Amaltas Motors India Private Limited | ₹90,000 (FY 2025) | Indore, Madhya Pradesh, India | ||||
| TG Trading Company Private Limited | ₹87,042 (FY 2022) | -82.0% | Mumbai, Maharashtra, India | |||
| Bhushan Cycles Private Limited | ₹87,000 (FY 2025) | 45.0% | Ludhiana, Punjab, India | |||
| S.B.J. Automobiles Private Limited | ₹86,536 (FY 2024) | -38.0% | Agra, Uttar Pradesh, India | |||
| Anjur Trading Private Limited | ₹85,800 (FY 2025) | 739.0% | Mumbai, Maharashtra, India | |||
| D.D.Motors Mobility Private Limited | ₹85,758 (FY 2025) | -84.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kandhari Rubbers Limited, buy the company report.
Shareholding
The shareholding of Kandhari Rubbers Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Kandhari Rubbers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 1989 | 80064383 | International Asset Reconstruction Company Private Limited | ₹91 Lakh | Open |
To see the full charge records of Kandhari Rubbers Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Kandhari Rubbers Limited has 43 court cases on record: 32 filed by Kandhari Rubbers, 11 filed against it. 8 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 35 | 6 | 7 |
| District courts | 6 | 4 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed by the company against Indu. Deve. Bank of India Ltd. and Ors. | Pending |
| High Court | Writ petition | Filed by the company against Indu. Deve. Bank of India Ltd. and Ors. | Pending |
| District court, South East, Delhi | Civil suit | Filed by the company against Modi Rubber Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Ms.Panama Petrochem Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss Cases S) | Filed against the company by Ms.Panama Petrochem Ltd and 2 others | Disposed |
To see the full case history of Kandhari Rubbers 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 Kandhari Rubbers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kandhari Rubbers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kandhari Rubbers Limited, buy the company report.
Recent activity
Kandhari Rubbers Limited has 6 board changes on record since 2000: 5 appointments and 1 cessation. The latest: Shri Govind Sugnomal Bhagia ceased to be Director on 15 Oct 2018.
Frequently asked questions
Kandhari Rubbers is an active public limited company based in Udaipur, Rajasthan, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 27 December 1985 (41+ years old) and is registered under CIN L25191RJ1985PLC003492.
Kandhari Rubbers has 4 current directors:
- Harish Kandhari - Managing Director
- Krishan Lal Arora - Director
- Manoj Kandhari - Director
- Rajni Kandhari - Director
The latest financial statements of Kandhari Rubbers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Kandhari Rubbers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kandhari Rubbers is L25191RJ1985PLC003492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kandhari Rubbers is recorded as a listed company by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
Kandhari Rubbers has 43 court cases on record: 32 filed by the company and 11 filed against it. 8 are pending. Most are in the high courts.
Kandhari Rubbers was incorporated on 27 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Kandhari Rubbers by revenue are Mexxcorp Trading & Investment (P) Ltd, Shri Hanumant Motors Private Limited, GT Developers Private Limited, Sahalaxmi Enterprises (India) Private Limited, Amaltas Motors India Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Shri Govind Sugnomal Bhagia ceased to be Director on 15 Oct 2018. Rajni Kandhari was appointed as Director on 24 Oct 2016. Harish Kandhari was appointed as Managing Director on 10 Aug 2004. Kandhari Rubbers has 6 board changes on record in total.
The registered office of Kandhari Rubbers is at N.H.8 Industrial Area Sukher, Udaipur, Rajasthan, India – 313004.

