About Neptune Readymix Concrete Private Limited
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Neptune Readymix Concrete Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Rdc Concrete(India)Private Limited. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 20 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26921MH2002PTC452181. Its GSTIN is 32AABCN6431G1ZU (Kerala).
The company has an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹1.29 Cr. It is led by directors including Manish Girish Modani and Karnail Singh Bhoon.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dil Complex 702 7th Floor Thane, Ghodbunder Road Majiwade, Maharashtra, India – 400610.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.66 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹31.1 Lakh (net margin -4.7%) and EBITDA of ₹1.13 Cr (EBITDA margin 17%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 40% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹280.22 Cr and satisfied charges of ₹10.36 Cr on record. Court records list 87 cases involving the company, including 81 filed by the company and 6 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neptuneconcrete.com.
Company details
CIN history
Neptune Readymix Concrete has one previous CIN (Corporate Identification Number): U26921KL2002PTC015427. The current CIN is U26921MH2002PTC452181, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26921MH2002PTC452181 | Current |
| U26921KL2002PTC015427 | Previous |
Contact details
Neptune Readymix Concrete Private Limited's registered office is in Thane, Maharashtra. Its website is neptuneconcrete.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDil Complex 702 7th Floor Thane, Ghodbunder Road Majiwade, Maharashtra, India – 400610
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Neptune Readymix Concrete 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
Financials of Neptune Readymix Concrete Private Limited
FY 2025 filings availableNeptune Readymix Concrete Private Limited reported revenue of ₹6.66 Cr (down 55% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 55% fall in the latest year. EBITDA fell 66% 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 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 | ₹6.66 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹31.1 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17% | ||||
| Net Profit Margin | -4.7% | ||||
| 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 Neptune Readymix Concrete Private Limited, buy the company report.
Board of directors of Neptune Readymix Concrete Private Limited
Neptune Readymix Concrete has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Girish Modani | Director | 17 Feb 2020 | 6 Years 8 Months | Current |
| Karnail Singh Bhoon | Director | 05 Aug 2016 | 10 Years 2 Months | Current |
| Anil Banchhor Also directs: Robo Quarries Private Limited, Ultrafine Mineral & Admixtures Private Limited, Robo Silicon Private Limited and 1 more | Director | 06 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Neptune Readymix Concrete Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewelry, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qcon Edifice Private Limited | ₹14.76 Cr (FY 2025) | 101.0% | Mysore, Karnataka, India | |||
| Va Enterprises Private Limited | ₹14.55 Cr (FY 2025) | 0.0% | Brajrajnagar, Odisha, India | |||
| Bharat Infracement Limited | ₹14.19 Cr (FY 2025) | -46.0% | Chandauli, Uttar Pradesh, India | |||
| Purvanchal Infra and Industries Private Limited | ₹14.12 Cr (FY 2025) | 8.0% | North Lakhimpur, Assam, India | |||
| Marda Industries Private Limited | ₹14.08 Cr (FY 2025) | -12.0% | Byrnihat, Meghalaya, India | |||
| Neptune Readymix Concrete Private Limitedthis company | ₹6.66 Cr (FY 2023) | -₹31.1 Lakh | -4.7% | -55.0% | 2 | Thane, Maharashtra, India |
To see the full peer comparison of Neptune Readymix Concrete Private Limited, buy the company report.
Auditor
Neptune Readymix Concrete Private Limited is audited by K VENKATACHALAM AIYER & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K VENKATACHALAM AIYER & Co | FY 2023 | 004610S |
Shareholding
The shareholding of Neptune Readymix Concrete 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 Neptune Readymix Concrete Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2023 | 100713410 | Hdfc Bank Limited | ₹278.07 Cr | Open | |
| 21 Apr 2008 | 10105192 | Hdfc Bank Limited | ₹2.15 Cr | Open | |
| 22 Sep 2013 | 10451029 | Srei Equipment Finance Private Limited | ₹17.88 Lakh | Satisfied | |
| 28 Aug 2013 | 10451032 | Hdfc Bank Limited | ₹2.8 Cr | Satisfied | |
| 22 Nov 2012 | 10391588 | Srei Equipment Finance Private Limited | ₹22.92 Lakh | Satisfied |
To see the full charge records of Neptune Readymix Concrete Private Limited, buy the company report.
Total charge records: 32 View all charges
Legal cases
Neptune Readymix Concrete Private Limited has 87 court cases on record: 81 filed by Neptune Readymix Concrete, 6 filed against it. 11 cases are pending and 76 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 71 | 6 | 11 |
| High courts | 16 | 0 | 0 |
Cases on record (5 of 87)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against M/S Inkal Ventures Pvt Ltd. | Pending |
| District court, Thrissur, Kerala | Civil suit | Filed by the company against M/S.Corass Builders and Developers Pvt. Ltd. Rep.By Director Rakheeb Kanakamuttath and 4 others | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against M/S Sowparnika Projects and Infrastructure Pvt Ltd and 3 others | Disposed |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against Sowparnika Projects and Infrastructure Private Limited and 1 other | Disposed |
| District court, Ernakulam, Kerala | Commercial suit | Filed by the company against M/S. Basecon Contractors LLP and 2 others | Disposed |
To see the full case history of Neptune Readymix Concrete Private 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
Neptune Readymix Concrete Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 36 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Parackal Granite Kerala Private Limited | |||
| Concord Fire&Safety Equipments | |||
| B.S.Enterprises | |||
| MBK Logistix Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Neptune Readymix Concrete Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Neptune Readymix Concrete Private Limited has a workforce of 2 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Neptune Readymix Concrete has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCN6431G1ZU | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neptune Readymix Concrete Private Limited, buy the company report.
Recent activity
Neptune Readymix Concrete Private Limited has 15 board changes on record since 2010: 3 appointments and 12 cessations. The latest: Anil Banchhor ceased to be Additional Director on 19 Sep 2025.
70 earlier events are in the company report.
Frequently asked questions
Neptune Readymix Concrete is an active private limited company based in Thane, Maharashtra, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 20 May 2002 (24+ years old) and is registered under CIN U26921MH2002PTC452181.
Neptune Readymix Concrete has 3 current directors:
- Manish Girish Modani - Director
- Karnail Singh Bhoon - Director
- Anil Banchhor - Director
The latest financial statements of Neptune Readymix Concrete on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Neptune Readymix Concrete is 32AABCN6431G1ZU, registered in Kerala.
The CIN (Corporate Identification Number) of Neptune Readymix Concrete is U26921MH2002PTC452181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neptune Readymix Concrete has 87 court cases on record: 81 filed by the company and 6 filed against it. 11 are pending. Most are in the district courts.
Neptune Readymix Concrete was incorporated on 20 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neptune Readymix Concrete by revenue are Qcon Edifice Private Limited, Va Enterprises Private Limited, Bharat Infracement Limited, Purvanchal Infra and Industries Private Limited, Marda Industries Private Limited, all in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewelry, musical instruments, medical instruments, sports goods, etc. activities).
Anil Banchhor ceased to be Additional Director on 19 Sep 2025. Anil Banchhor was appointed as Director on 06 Jan 2025. Souvik Pulakesh Sengupta ceased to be Additional Director on 29 Sep 2022. Neptune Readymix Concrete has 15 board changes on record in total.
Neptune Readymix Concrete has 10 MSME Form 1 returns on record between 2019 and 2023, listing 36 overdue payments to 16 micro and small suppliers. The latest return was filed on 21 Oct 2023.
Neptune Readymix Concrete can be reached through the website neptuneconcrete.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Neptune Readymix Concrete is at Dil Complex 702 7th Floor Thane, Ghodbunder Road Majiwade, Maharashtra, India – 400610.